NOT LISTED FOR SALE

1448 S Ridge Rd Bailey, CO 80421

Estimated Value: $327,846 - $496,000

11.45 Acres
$35,826 Price per Acre
498,762 Sq Ft Lot

Last Sold July 10, 2023

Last sale price $315,000 $788 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,633/month

52 Days on Market

Highlights

  • 11.45 Acre Lot
  • No HOA
  • Development of the land is complete

About This Lot

As of July 2023

Think of all the possibilities attached to this great property! Located in Bailey Mountain, the property comes with a cottage, wonderful views, and lots of wide open prime, wooded real estate, nearly eleven and a half acres. THIS PROPERTY ALSO OFFERS SEVERAL DESIRABLE BUILD SITES WITH POWER IN AND RUN TO (3) LOCATIONS, (1) WELL, AND A DESIGNED SEPTIC SYSTEM WITH TEST PITS ALREADY EXCAVATED. OVER 1 MILE OF MARKED HIKING TRAILS AND FULL CELL COVERAGE! Maybe you'll decide to build a custom home and use the cottage as a guest house, or create a home with plenty of outside storage and garage space. Let your imagination be your guide. Call today for your personal showing and check out all this great property has to offer!

Last Agent to Sell the Property

Dave Petersmith

Choice Property Brokers LTD License #000983915 Listed on: 04/06/2023

Last Buyer's Agent

Krystin Linn

Keller Williams Foothills Realty License #100088698

Keller Williams Foothills Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,161

Lot Details

  • 11.45 Acre Lot
  • Development of the land is complete

Parking

  • 6 Parking Spaces

Utilities

  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Bailey Mountain Subdivision

Listing and Financial Details

  • Exclusions: Sellers' personal property.
  • Assessor Parcel Number 30455

Property Details

Property Type

Land

Est. Annual Taxes

$3,161

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Improved Land
  • Exclusions: Sellers' personal property.
  • SubdivisionName: Bailey Mountain
  • Ownership: Individual
  • REC_RVSpaces: 0
  • REC_WaterIncludedYN: 1
  • Special Features: None

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 6

Utilities

  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Association/Amenities

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

Lot Info

  • Parcel Number: 30455
  • Lot Size Acres: 11.45
  • Lot Size Sq Ft: 498762
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3161

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2023
Closed on
Jul 10, 2023
Sold by
Carland Nicholas James and Reynolds Inga Ann
Bought by
Linn Scott William and Linn Krystin Michelle
Seller's Agent
Dave Petersmith
Choice Property Brokers LTD
Buyer's Agent
Krystin Linn
Keller Williams Foothills Realty
List Price
$360,000
Sold Price
$315,000
Premium/Discount to List
-$45,000
-12.5%
Views
47
Current Estimated Value
$401,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,989
Avg. Annual Appreciation
11.05%
Original Mortgage
$252,000
Outstanding Balance
$248,231
Interest Rate
9.63%
Mortgage Type
New Conventional
Estimated Equity
$161,981

Purchase Details

Closed on
Nov 5, 2021
Sold by
Halaschak Pamela Bart
Bought by
Carlend Nicholas James and Reynolds Inga Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2017
Sold by
Allen Ivy
Bought by
Halaschak Pamala Bartz

Purchase Details

Closed on
Apr 13, 2015
Sold by
Roberts Kathleen Lois
Bought by
Allen Ivy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.88%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 25, 2011
Sold by
The Jensen Living Trust
Bought by
Roberts Kathleen Lois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.13%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 23, 2005
Sold by
Jensen Eric R and Jensen Shari
Bought by
The Jensen Living Trust
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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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
Linn Scott William $315,000 Fidelity National Title
Carlend Nicholas James $330,000 Chicago Title
Halaschak Pamala Bartz $160,000 Fidelity National Title Insu
Allen Ivy $150,000 Land Title Guarantee Company
Roberts Kathleen Lois $100,000 Land Title Guarantee Company
The Jensen Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Linn Scott William $252,000
Previous Owner Carlend Nicholas James $264,000
Previous Owner Allen Ivy $105,000
Previous Owner Roberts Kathleen Lois $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2023 07/10/23 Sold $315,000 -11.3% $788 / Sq Ft
05/28/2023 05/28/23 Pending -- -- --
05/25/2023 05/25/23 Price Changed $355,000 -1.4% $888 / Sq Ft
04/06/2023 04/06/23 For Sale $360,000 -- $900 / 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
2024 $6,377 $107,810 $106,070 $1,740
2023 $6,377 $113,738 $110,253 $3,485
2022 $3,161 $49,928 $43,972 $5,956
2021 $3,048 $49,928 $43,972 $5,956
2020 $2,813 $44,260 $40,220 $4,040
2019 $2,775 $44,260 $40,220 $4,040
2018 $2,712 $44,260 $40,220 $4,040
2017 $2,543 $39,350 $37,870 $1,480
2016 $2,094 $32,250 $32,250 $0
2015 $2,112 $32,250 $32,250 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 7455584

REcolorado®

APN: 30455