NOT LISTED FOR SALE

1075 Meadows Dr Drake, CO 80515

Estimated Value: $508,000 - $560,000

2 Beds
2 Baths
1,316 Sq Ft
$408/Sq Ft Est. Value

Last Sold August 03, 2023

Last sale price $530,000 $403 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,992/month

About This Home

Houses like this do not come on the market often! Fully off grid with 3 heat sources - Solar Power w/backup battery system and generator, radiant floor heat powered by outdoor wood burning boiler and indoor wood burning stove gives the home owner heating options through out the year. The 5 acre lot boarders National Forest to create a private mountain retreat and has amazing views of Longs Peak and Mount Meeker. The over sized detached garage with a wood burning stove makes an great workshop/hobby space. The house has been well maintained and is ready for its new owner to make it their home. The seller has loved this house and loved living off grid but needs to move for work so now is your opportunity to own this wonderful mountain home!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2023
Closed on
Aug 3, 2023
Sold by
Burgers Shaun
Bought by
Daniels Melissa M and Daniels Tyler L
Seller's Agent
Morgan Leland
RE/MAX Professionals
Buyer's Agent
Christina Mueske
milehimodern - Boulder
List Price
$530,000
Sold Price
$530,000
Views
46
Current Estimated Value
$537,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,055
Avg. Annual Appreciation
0.52%
Original Mortgage
$409,000
Outstanding Balance
$397,778
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$139,277

Purchase Details

Listed on
May 21, 2021
Closed on
Jul 1, 2021
Sold by
Mahoney Patrick J and Mahoney Judy L
Bought by
Burgers Shaun
Seller's Agent
Sarah Tyler
Kentwood RE Northern Prop Llc
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$475,000
Sold Price
$474,000
Premium/Discount to List
-$1,000
-0.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%
Original Mortgage
$355,200
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2012
Closed on
Jul 10, 2012
Sold by
Franzen Donald G and Franzen Linda Sue
Bought by
Mahoney Patrick J and Mahoney Judy L
Seller's Agent
Seth Hanson
Group Harmony
Buyer's Agent
Dale Souther
Austin & Austin Real Estate
List Price
$299,900
Sold Price
$262,500
Premium/Discount to List
-$37,400
-12.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$210,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 1996
Sold by
Tanner Charles M
Bought by
Franzen Donald G and Franzen Linda Sue
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Daniels Melissa M $530,000 Land Title Guarantee
Burgers Shaun $474,000 Fidelity National Title
Mahoney Patrick J $262,500 None Available
Franzen Donald G $19,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daniels Melissa M $409,000
Previous Owner Burgers Shaun $355,200
Previous Owner Mahoney Patrick J $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2023 08/03/23 Sold $530,000 0.0% $403 / Sq Ft View Prior Sale
06/23/2023 06/23/23 For Sale $530,000 +11.8% $403 / Sq Ft
07/30/2021 07/30/21 Sold $474,000 -0.2% $349 / Sq Ft View Prior Sale
05/21/2021 05/21/21 For Sale $475,000 +81.0% $349 / Sq Ft
01/28/2019 01/28/19 Off Market $262,500 -- --
07/10/2012 07/10/12 Sold $262,500 -12.5% $169 / Sq Ft View Prior Sale
06/10/2012 06/10/12 Pending -- -- --
05/14/2012 05/14/12 For Sale $299,900 -- $193 / Sq Ft

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 $2,813 $34,131 $4,500 $29,631
2024 $2,732 $33,607 $4,020 $29,587
2022 $1,391 $14,623 $2,850 $11,773
2021 $1,427 $15,044 $2,932 $12,112
2020 $2,569 $26,948 $3,432 $23,516
2019 $2,532 $26,948 $3,432 $23,516
2018 $2,191 $22,162 $3,780 $18,382
2017 $1,938 $22,162 $3,780 $18,382
2016 $1,797 $20,043 $2,547 $17,496
2015 $1,778 $20,050 $2,550 $17,500
2014 $1,351 $15,460 $3,020 $12,440
Source: Public Records

Agents Affiliated with this Home

  • Morgan Leland

    Seller's Agent in 2023

    Morgan Leland

    RE/MAX

    (303) 906-9043

    39 Total Sales

    Morgan Leland
    Section Image
  • Arnie Stein Team

    Seller Co-Listing Agent in 2023

    Arnie Stein Team

    RE/MAX

    (303) 881-3333

    51 Total Sales

    Arnie Stein Team
    Section Image
  • Christina Mueske

    Buyer's Agent in 2023

    Christina Mueske

    milehimodern - Boulder

    (970) 999-4239

    59 Total Sales

    Christina Mueske
    Section Image
  • Sarah Tyler

    Seller's Agent in 2021

    Sarah Tyler

    Kentwood Real Estate

    (970) 800-1166

    105 Total Sales

    Sarah Tyler
    Section Image

  • N

    Buyer's Agent in 2021

    Non-IRES Agent

    CO_IRES

  • Seth Hanson

    Seller's Agent in 2012

    Seth Hanson

    Group Harmony

    (970) 229-0700

    223 Total Sales

    Seth Hanson
    Section Image
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Map

Colorado Larimer County Drake 80515

1075 Meadows Dr, Drake, CO

Not Listed for Sale

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