Seller's Agent in 2016
Dave Mitchell
WesternColoradoRealty.com
(970) 234-4046
64 Total Sales
0 Island Lake Rd Unit C 720986 Cedaredge, CO 81413
Estimated Value: $140,271 - $291,000
2
Beds
1
Bath
739
Sq Ft
$292/Sq Ft
Est. Value
Highlights
- Lake Front
- Wood Burning Stove
- Wooded Lot
- Near a National Forest
- Living Room with Fireplace
- Wood Flooring
About This Home
As of August 2016Seldom do the Island Lake leases from the Forest Service come available because they're so desirable and the people that have them don't give them up. There is only a leasehold interest in the land for the cabin you own. The lease is currently $2,650 per year. The cabin is in excellent shape, because the seller is a builder and sees that it is always well maintained and in good repair. Situated in a stand of towering blue spruce with electricity, a glass fronted wood stove, a front porch view that includes the lake all the way to the West Elk Mountain Range 30 miles away. Can sleep 6 with two bedrooms upstairs and downstairs the couch folds out to sleep two more. The domestic water comes from a spring that is dedicated the house that originates just above the lake. It is a seasonal cabin and a 20 year lease, not transferable except by application, so a sale will be subject to the Forest Service approval of the new leaseholder. Its a cool spot for those hot summer days and nights, so bring your fishing boat (no water skiing) or canoe, your fishing pole and your family to enjoy your piece of heaven.
Property Details
Home Type
- Multi-Family
Year Built | Renovated
- 1937 | 2012
Lot Details
- Lake Front
- Wooded Lot
HOA Fees
- $221 Monthly HOA Fees
Property Views
- Lake
- Mountain
- Valley
Home Design
- Log Cabin
- Property Attached
- Metal Roof
- Log Siding
Interior Spaces
- 1.5-Story Property
- Partially Furnished
- Wood Burning Stove
- Fireplace With Glass Doors
- Vinyl Clad Windows
- Window Treatments
- Great Room
- Living Room with Fireplace
- Combination Kitchen and Dining Room
- Screened Porch
- Wood Flooring
- Stone or Rock in Basement
- Oven or Range
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom Upstairs
- 1 Bathroom
Utilities
- Heating System Uses Wood
- Baseboard Heating
- Spring water is a source of water for the property
- Water Heater
- Septic Tank
Additional Features
- Energy-Efficient Windows
- Shed
Community Details
- Association fees include fishing rights, road maintenance
- Island Lake Summer Home Group HOA
- Near a National Forest
- Property is near a preserve or public land
Listing and Financial Details
- Assessor Parcel Number 297703000202
- Special Tax Authority
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 6, 2021
Sold by
Bailey Allison and Estate Of Pamela J Beard
Bought by
Estate Of Brandon Beard
Current Estimated Value
Purchase Details
Listed on
Jun 23, 2016
Closed on
Aug 24, 2016
Sold by
Allen Paul R and Allen Virginia E
Bought by
Lyon Michael K and Lyon Caririe S
Seller's Agent
Dave Mitchell
WesternColoradoRealty.com
Buyer's Agent
Dave Mitchell
WesternColoradoRealty.com
List Price
$172,000
Sold Price
$140,000
Premium/Discount to List
-$32,000
-18.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Estate Of Brandon Beard | -- | None Available | |
| Lyon Michael K | -- | Heritage Title Co | |
| Lyon Michael K | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/30/2016 08/30/16 | Sold | $140,000 | -18.6% | $189 / Sq Ft |
| 08/09/2016 08/09/16 | Pending | -- | -- | -- |
| 06/23/2016 06/23/16 | For Sale | $172,000 | -- | $233 / Sq Ft |
Source: Colorado Real Estate Network (CREN)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $62 | $1,000 | -- | $1,000 |
| 2023 | $62 | $1,000 | $0 | $1,000 |
| 2022 | $142 | $2,355 | $0 | $2,355 |
| 2021 | $142 | $2,423 | $0 | $2,423 |
| 2020 | $128 | $2,154 | $0 | $2,154 |
| 2019 | $128 | $2,154 | $0 | $2,154 |
| 2018 | $107 | $1,731 | $0 | $1,731 |
| 2017 | $107 | $1,731 | $0 | $1,731 |
| 2016 | $91 | $1,608 | $0 | $1,608 |
| 2014 | -- | $1,067 | $0 | $1,067 |
Source: Public Records
Agents Affiliated with this Home
-
Dave Mitchell
Map
Source: Colorado Real Estate Network (CREN)
MLS Number: 720986
APN: R000322
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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