NOT LISTED FOR SALE

11201 S State Highway 83 Franktown, CO 80116

Estimated Value: $510,000 - $858,000

2 Beds
1 Bath
1,904 Sq Ft
$324/Sq Ft Est. Value

About This Home

Historic Franktown School House!
This historic converted school house in the South of Franktown on State Highway 83 is a unique little residence that is looking for the resident. The home is a historic and original schoolhouse that served the community since 1900 and has now been converted into a home. The property also contains another residence that will need significant work to have the secondary residence be fit for habitation. This is optional and open for discussion with the property owner as we are happy to work with you to make this property work for you. The property is on well water with a different well servicing each building. The home and secondary structure are also both on their own separate propane tank. This property boasts a sizable quonset hut that would make the ideal work shop, garage storage etc. There is also a shipping container on the property that doubles as additional space for the workshop, storage or as a potential grow house. The previous Tenant has an active grow operation set up and approved of by the homeowner tat served him well for a number of years before he moved out of State. There would have to be some work done by the resident to reestablish the grow operation of that was the desire. The interior of the residence has recently undergone updating with flooring, paint and appliance some of the upgrades. The exterior of the residence will receive paint this Spring and the additional structure will need additional work depending on what the preferences of the resident/tenant was.

This is a unique property but will be the perfect fit for the right person. Call today for more information or to schedule an in person tour and be sure to check out the video tour via the link below.

https://youtu.be/1awfAQwk7eg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2015
Sold by
Kiley Douglas W
Bought by
Saunders Wesley E and Saunders Cynthia L
Current Estimated Value
$615,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,250
Outstanding Balance
$4,042
Interest Rate
3.82%
Mortgage Type
Unknown
Estimated Equity
$661,508

Purchase Details

Closed on
Jan 5, 2004
Sold by
Burdick Penny M
Bought by
Kiley Douglas W

Purchase Details

Closed on
Dec 22, 1998
Sold by
Sherman Hayes Michael
Bought by
Burdick Penny M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.92%

Purchase Details

Closed on
Feb 18, 1994
Sold by
Sanchez Pete
Bought by
Hayes Michael Sherman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Saunders Wesley E $270,000 Guardian Title
Kiley Douglas W -- --
Kiley Douglas W $231,000 Empire Title & Escrow
Burdick Penny M $142,500 --
Hayes Michael Sherman $85,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saunders Wesley E $202,250
Previous Owner Burdick Penny M $148,750
Previous Owner Burdick Penny M $114,000
Previous Owner Hayes Michael Sherman $98,750
Previous Owner Hayes Michael Sherman $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2023 05/18/23 Rented $2,750 0.0% --
04/12/2023 04/12/23 Price Changed $2,750 +10.0% $1 / Sq Ft
04/12/2023 04/12/23 Price Changed $2,500 -28.6% $1 / Sq Ft
02/27/2023 02/27/23 For Rent $3,500 -- --

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
2024 $2,281 $30,150 $13,180 $16,970
2023 $2,307 $30,150 $13,180 $16,970
2022 $1,865 $22,270 $7,710 $14,560
2021 $1,932 $22,270 $7,710 $14,560
2020 $1,703 $20,080 $5,910 $14,170
2019 $1,711 $20,080 $5,910 $14,170
2018 $1,538 $17,740 $4,930 $12,810
2017 $1,432 $17,740 $4,930 $12,810
2016 $1,402 $17,020 $5,970 $11,050
2015 $1,433 $17,020 $5,970 $11,050
2014 $1,414 $15,690 $5,970 $9,720
Source: Public Records

Agents Affiliated with this Home

  • Eugene O'Brien

    Seller's Agent in 2023

    Eugene O'Brien

    Masters Real Estate

    (720) 421-2509

    28 Total Sales

    Eugene O'Brien
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Map

Colorado Douglas County Franktown 80116

11201 S State Highway 83, Franktown, CO

This home is located at 11201 S State Highway 83, Franktown, CO 80116 and is currently estimated at $615,989, approximately $323 per square foot. 11201 S State Highway 83 is a home located in Douglas County with nearby schools including Cherry Valley Elementary School, Mesa Middle School, and Douglas County High School.

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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