NOT LISTED FOR SALE

Estimated Value: $532,000 - $656,000

2 Beds
2 Baths
2,361 Sq Ft
$254/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $669,000 $283 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $3,383/month

35 Days on Market

Highlights

  • Open Floorplan
  • Fireplace in Bedroom
  • Hydromassage or Jetted Bathtub
  • Mountain View
  • Wood Flooring
  • High Ceiling

About This Home

As of March 2024

Discover the pinnacle of mountain living in this exceptional home situated in the stunning mountainous locale of Cascade, Colorado, just minutes from Colorado Springs and Woodland Park. This residence features breathtaking 360-degree mountain views and loads of luxury features. Enjoy modern conveniences such as radiant heat floors, instant hot water, smart thermostat and locks, and solid hardwoods throughout the main level.

Entertain effortlessly with a home theater system, wired audio indoors and out, outdoor kitchen and prep area (wired for gas), and upper and lower decks (upper wired for hot tub). The property includes a 2-car detached garage with ample storage and workspace, plus 7+ parking spaces. Embrace outdoor adventures on the nearly half-acre property with bouldering opportunities amidst a low maintenance, xeriscaped yard.

This home has recently been used as a short-term rental and generated over $40k in income per year. There are two luxury suites with separate entrances, full bathrooms, and kitchen/kitchenette which would make a great mother-in-law suite or rental unit to generate income. The furniture can be included if desired. The solar energy system keeps monthly utility bills low. Book your showing for this amazing mountainside property before it’s gone!

Last Agent to Sell the Property

Austin Collins

Venterra Real Estate LLC Brokerage Phone: 719-204-1429 License #100101766 Listed on: 01/09/2024

Last Buyer's Agent

PPAR Agent Non-REcolorado

NON MLS PARTICIPANT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,305

Year Built

  • Built in 1936 | Remodeled

Lot Details

  • 0.42 Acre Lot
  • Partially Fenced Property
  • Property is zoned R-T

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Stucco

Interior Spaces

  • 2,361 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Furnished
  • Sound System
  • High Ceiling
  • Wood Burning Fireplace
  • Mountain Views
  • Smart Thermostat
  • Stone Countertops
  • Laundry in unit

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Fireplace in Bedroom
  • Hydromassage or Jetted Bathtub

Schools

  • Ute Pass Elementary School
  • Manitou Springs Middle School
  • Manitou Springs High School

Utilities

  • Mini Split Air Conditioners
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Ute Pass Subdivision

Listing and Financial Details

  • Exclusions: Seller's personal property.
  • Assessor Parcel Number 83162-04-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,305

Year Built

Built in 1936 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: Two
  • Year Built: 1936
  • Above Grade Finished Sq Ft: 1597
  • Exclusions: Seller's personal property.
  • Living Area: 2361
  • Property Condition: Updated/Remodeled
  • Directions: From Manitou Springs head West on HWY 24. Travel approximately 6.4 miles, then turn left on Chipita Park Rd. Travel 1.1 miles then turn left on Mesa Rd. Climb the hill approximately 300 feet.
  • SubdivisionName: Ute Pass
  • Ownership: Individual
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.96259
  • Attribution Contact: 719-204-1429
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Interior Amenities: Audio/Video Controls, Five Piece Bath, High Ceilings, High Speed Internet, Jet Action Tub, Open Floorplan, Smart Thermostat, Stone Counters
  • Flooring: Tile, Wood
  • Fireplace Features: Bedroom, Wood Burning
  • Basement: No

Exterior Features

  • Foundation Details: Slab
  • Roof: Architecural Shingle
  • Construction Materials: Frame, Stucco
  • View: Mountain(s)
  • Road Frontage Type: Public

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Utilities: Electricity Connected, Internet Access (Wired), Natural Gas Connected
  • Sewer: Septic Tank
  • Cooling: Air Conditioning-Room
  • Heating: Natural Gas, Steam
  • Water Source: Public
  • Laundry Features: In Unit

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Manitou Springs

Lot Info

  • Parcel Number: 83162-04-010
  • Lot Size Acres: 0.42
  • Fencing: Partial
  • Building Area Total: 2361
  • Lot Size Sq Ft: 18295.2
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2305

MLS Schools

  • Elementary School: Ute Pass
  • High School: Manitou Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2024
Closed on
Mar 15, 2024
Sold by
Ragone Andrew J
Bought by
Royall Benjamin A and Royall Julia Ann
Seller's Agent
Austin Collins
Venterra Real Estate LLC
Buyer's Agent
PPAR Agent Non-REcolorado
NON MLS PARTICIPANT
List Price
$695,000
Sold Price
$669,000
Premium/Discount to List
-$26,000
-3.74%
Views
95
Current Estimated Value
$600,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$68,909
Avg. Annual Appreciation
-1.71%
Original Mortgage
$519,000
Outstanding Balance
$511,866
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$139,614

Purchase Details

Closed on
Oct 29, 2012
Sold by
Miller Barbara L
Bought by
Ragone Andrew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 1986
Bought by
Ragone Andrew J

Purchase Details

Closed on
Sep 4, 1986
Bought by
Ragone Andrew J

Purchase Details

Closed on
Feb 12, 1986
Bought by
Ragone Andrew J

Purchase Details

Closed on
Jan 24, 1986
Bought by
Ragone Andrew J

Purchase Details

Closed on
Aug 4, 1976
Bought by
Ragone Andrew J
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Royall Benjamin A $669,000 Land Title Guarantee Company
Ragone Andrew J $320,000 Empire Title Co Springs Llc
Ragone Andrew J -- --
Ragone Andrew J -- --
Ragone Andrew J -- --
Ragone Andrew J -- --
Ragone Andrew J -- --
Ragone Andrew J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Royall Benjamin A $519,000
Previous Owner Ragone Andrew J $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $669,000 -1.5% $283 / Sq Ft
02/15/2024 02/15/24 Price Changed $679,000 -1.5% $288 / Sq Ft
01/24/2024 01/24/24 Price Changed $689,000 -0.9% $292 / Sq Ft
01/09/2024 01/09/24 For Sale $695,000 -- $294 / Sq Ft
Source: REcolorado®

Tax History Compared to Growth

Source: Public Records

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
2025 $2,416 $39,140 -- --
2024 $2,270 $36,240 $4,150 $32,090
2023 $2,270 $36,240 $4,150 $32,090
2022 $2,305 $29,880 $3,440 $26,440
2021 $2,403 $30,740 $3,540 $27,200
2020 $2,105 $25,740 $2,970 $22,770
2019 $2,219 $25,740 $2,970 $22,770
2018 $1,997 $21,840 $2,720 $19,120
2017 $1,763 $21,840 $2,720 $19,120
2016 $1,655 $22,470 $3,010 $19,460
2015 $1,652 $22,470 $3,010 $19,460
2014 $1,469 $21,400 $2,870 $18,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 6439792

REcolorado®

APN: 83162-04-010