Seller's Agent in 2025
Belinda Seville
The Seville Team
(303) 882-9164
78 Total Sales
1337 N Castlewood Dr Franktown, CO 80116
4
Beds
3.5
Baths
3,918
Sq Ft
11.5
Acres
Highlights
- 11.5 Acre Lot
- Wood Flooring
- Home Gym
- Deck
- No HOA
- Rustic Architecture
About This Home
As of February 2025Contract fell through due issues regarding to siding. Seller is willing to give credit for siding replacement on home and garage.
Opportunity knocks with this fabulous property located in Douglas County. This new price allows for a tremendous opportunity to remodel this piece of history. Refresh this home with your own touches and find instant equity.
Spanning 11.5 acres of pristine land, this estate offers not only a home but also a fully-equipped equestrian facility, complete with a barn, round pen, and a spacious arena with perfect footing for any horse discipline. The pastures are fenced and cross-fenced, making it ideal for housing livestock and horses. This is a haven for animal lovers and equestrian enthusiasts alike. With breathtaking views from every window and thoughtful design elements that invite the outdoors in, this home offers an unparalleled living experience.
From the moment you step inside, you'll be greeted by reclaimed wood floors that evoke a sense of history and sustainability. The wood combined with copper accents, create a stunning aesthetic that is both timeless and modern. The natural rock elements harvested locally serve as a foundation for the home, adding an earthy elegance that complements the surrounding landscape.
The 4 bedroom, 3 bathroom (plus a half bath in the garage) layout offers space and comfort for both family and guests. Each room has spectacular views of the surrounding canyon and pastures. Whether you're waking up to a sunrise over the rolling hills or enjoying a peaceful evening by the fire, this home offers a sense of serenity that is hard to find.
Last Agent to Sell the Property
The Seville Team Brokerage Email: belinda@thesevilleteam.com,303-882-9164 License #40042483 Listed on: 10/03/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,294
Year Built
- Built in 1964
Lot Details
- 11.5 Acre Lot
- Property is zoned LRR
Parking
- 2 Car Garage
Home Design
- Rustic Architecture
- Frame Construction
- Composition Roof
- Cedar
Interior Spaces
- 2-Story Property
- Free Standing Fireplace
- Family Room with Fireplace
- Home Gym
- Wood Flooring
- Attic Fan
Bedrooms and Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Balcony
- Deck
Schools
- Franktown Elementary School
- Sagewood Middle School
- Ponderosa High School
Utilities
- Baseboard Heating
- Heating System Uses Propane
- Well
- Septic Tank
Community Details
- No Home Owners Association
- Castlewood North Subdivision
Listing and Financial Details
- Exclusions: Personal Possessions, staging items
- Property held in a trust
- Assessor Parcel Number R0045461
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 3, 2024
Closed on
Feb 20, 2025
Sold by
Albert Dale Mikelson Trust and James Kathryn T
Bought by
Schaust Linda R and Schaust Anthony J
Seller's Agent
Belinda Seville
The Seville Team
Buyer's Agent
Cathy Howrey
RE/MAX Alliance
List Price
$1,300,000
Sold Price
$880,000
Premium/Discount to List
-$420,000
-32.31%
Views
172
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,477
Avg. Annual Appreciation
5.94%
Purchase Details
Closed on
Nov 30, 2020
Sold by
Mikelson Albert Dale
Bought by
Albert Dale Mikelson Trust
Purchase Details
Closed on
Nov 23, 2001
Sold by
Kb Home Colorado Inc
Bought by
Wartchow Eric P and Wartchow Susan L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,800
Interest Rate
6.57%
Purchase Details
Closed on
Oct 10, 1986
Sold by
Turner Verl A and Turner Mary L
Bought by
Mikelson Albert Dale and Mikelson Jusith Ann
Purchase Details
Closed on
Nov 7, 1977
Sold by
Unavailable
Bought by
Unavailable
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $880,000 | Land Title | |
| Bargain Sale Deed | -- | None Available | |
| Warranty Deed | $251,015 | -- | |
| Warranty Deed | $45,000 | -- | |
| Deed | $17,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $25,000 | Credit Line Revolving | |
| Previous Owner | $134,500 | Unknown | |
| Previous Owner | $200,800 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/24/2025 02/24/25 | Sold | $880,000 | -7.4% | $225 / Sq Ft |
| 12/17/2024 12/17/24 | Price Changed | $950,000 | -13.6% | $242 / Sq Ft |
| 10/18/2024 10/18/24 | Price Changed | $1,100,000 | -15.4% | $281 / Sq Ft |
| 10/03/2024 10/03/24 | For Sale | $1,300,000 | -- | $332 / Sq Ft |
Source: REcolorado®
Tax History Compared to Growth
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 | $4,824 | $59,660 | $26,210 | $33,450 |
| 2023 | $4,294 | $59,660 | $26,210 | $33,450 |
| 2022 | $3,155 | $44,650 | $16,330 | $28,320 |
| 2021 | $3,271 | $44,650 | $16,330 | $28,320 |
| 2020 | $3,042 | $43,020 | $14,030 | $28,990 |
| 2019 | $3,057 | $43,020 | $14,030 | $28,990 |
| 2018 | $2,437 | $35,300 | $10,300 | $25,000 |
| 2017 | $2,269 | $35,300 | $10,300 | $25,000 |
| 2016 | $2,333 | $36,290 | $11,810 | $24,480 |
| 2015 | $2,386 | $36,290 | $11,810 | $24,480 |
| 2014 | $1,028 | $30,770 | $7,030 | $23,740 |
Source: Public Records
Agents Affiliated with this Home
-
Belinda Seville
-
Cathy Howrey
Buyer's Agent in 2025
Cathy Howrey
RE/MAX
(303) 994-4466
48 Total Sales
Map
Source: REcolorado®
MLS Number: 7519697
APN: 2507-040-01-007
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.
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Ten-X are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.
This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.
The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.
PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.
METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
© 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved. 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.
Nearby Homes
- 409 Peabody St
- 6985 Fallon Cir
- 21 N Edge Cliff St
- 68 Falmouth St
- 132 Vista Canyon Dr
- 148 Vista Canyon Dr
- 1251 N Burlington Dr
- 5939 Still Meadow Place
- 6945 Winthrop Cir
- 166 Vista Cliff Cir
- 182 Vista Cliff Cir
- 7343 Upton Ct
- 1273 N Heritage Ave
- 613 N Brentwood Ct
- 5285 Colorado 86
- 1509 N Monument Dr
- 5617 E Prescott Ave
- 5591 Canyon View Dr
- 5525 E State Highway 86
- 5285 E State Highway 86