NOT LISTED FOR SALE

1478 Redhill Rd Fairplay, CO 80440

Estimated Value: $520,958 - $562,000

2 Beds
1.5 Baths
1,459 Sq Ft
$373/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $520,000 $356 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,092/month

12 Days on Market

Highlights

  • Open Floorplan
  • Mountain View
  • Wood Burning Stove
  • Aspen Trees
  • Deck
  • Meadow

About This Home

As of September 2024

Experience modern luxury in a beautiful, secluded setting! Walk in the door and immediately feel relaxed in this bright, open floor plan with tall, vaulted ceilings. Being offered FULLY FURNISHED with impressive rental income. The home backs to a peaceful, grassy aspen grove overlooking rolling mountains. Enjoy your coffee on the wraparound deck with new vinyl planking and not another structure in sight! Forget about maintenance, the home has been remodeled entirely, inside and out. What more could you ask for in this price range? You better hustle, because this one won't last long!

Last Agent to Sell the Property

Mike Wilkinson

Embark Realty Group Brokerage Phone: 970-759-3539 License #100072256 Listed on: 07/26/2024

Last Buyer's Agent

Mike Wilkinson

Embark Realty Group Brokerage Phone: 970-759-3539 License #100072256 Listed on: 07/26/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,632

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • 2 Acre Lot
  • Property fronts a private road
  • Dirt Road
  • Open Space
  • Secluded Lot
  • Meadow
  • Aspen Trees
  • Partially Wooded Lot
  • Many Trees
  • Grass Covered Lot

HOA Fees

  • $104 Monthly HOA Fees

Property Views

  • Mountain
  • Meadow
  • Valley

Home Design

  • Metal Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Family Room with Fireplace
  • Vinyl Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Concrete Kitchen Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Basement

  • 1 Bedroom in Basement
  • Natural lighting in basement

Home Security

  • Smart Locks
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Dirt Driveway

Outdoor Features

  • Deck
  • Wrap Around Porch

Schools

  • Edith Teter Elementary School
  • South Park Middle School
  • South Park High School

Utilities

  • No Cooling
  • Heating Available
  • 220 Volts
  • Shared Well
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 31714

Community Details

Overview

  • Association fees include road maintenance, snow removal, water
  • Redhill Forest HOA, Phone Number (719) 836-7023
  • Redhill Forest Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,632

Year Built

Built in 1988 | Remodeled

Lot Details

0

HOA Fees

$104 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: Two
  • Year Built: 1988
  • Above Grade Finished Sq Ft: 1184
  • Exclusions: None
  • Living Area: 1459
  • Pets Allowed: Yes
  • Property Condition: Updated/Remodeled
  • SubdivisionName: Redhill Forest
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBedrooms: 1
  • REC_BelowGradeUnfinishedArea: 589.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 1
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.97196
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Concrete Counters, High Ceilings, High Speed Internet, Open Floorplan, Vaulted Ceiling(s)
  • Flooring: Vinyl
  • Fireplace Features: Family Room, Wood Burning Stove
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Daylight
  • Basement: Yes
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 275
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Metal
  • Construction Materials: Wood Siding
  • View: Meadow, Mountain(s), Valley
  • Patio and Porch Features: Deck, Wrap Around
  • Road Frontage Type: Private Road
  • Road Surface Type: Dirt

Garage/Parking

  • Parking Features: Driveway-Dirt
  • Attached Garage: No
  • Total Parking Spaces: 4

Utilities

  • Utilities: Electricity Connected
  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Electric, Wood Stove
  • Water Source: Shared Well
  • Electric: 220 Volts
  • Laundry Features: In Unit
  • Security: Carbon Monoxide Detector(s), Smart Locks, Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Road Maintenance, Snow Removal, Water
  • Association Name: Redhill Forest HOA
  • Association Fee Frequency: Annually
  • Association Amenities: Trail(s)
  • Association Fee: 1250
  • Phone: 719-836-7023
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 1250.00
  • REC_AssociationFeeTotalAnnual: 1250.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_AssociationURL: https://www.redhillforesthoa.com

Schools

  • Middle Or Junior School: South Park

Lot Info

  • Parcel Number: 31714
  • Lot Size Acres: 2
  • Building Area Total: 2048
  • Lot Features: Many Trees, Meadow, Open Space, Secluded
  • Lot Size Sq Ft: 87120
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1632

MLS Schools

  • Elementary School: Edith Teter
  • High School: South Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Sep 11, 2024
Sold by
Billingsby Mark and Billingsby Erin
Bought by
Veith Kerry S and Veith Hallie A
Seller's Agent
Mike Wilkinson
Embark Realty Group
Buyer's Agent
Mike Wilkinson
Embark Realty Group
List Price
$535,000
Sold Price
$520,000
Premium/Discount to List
-$15,000
-2.8%
Views
9
Current Estimated Value
$543,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,740
Avg. Annual Appreciation
4.22%
Original Mortgage
$416,000
Outstanding Balance
$411,550
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$132,190

Purchase Details

Listed on
Dec 29, 2021
Closed on
Feb 15, 2022
Sold by
Mcchesney Nicole M
Bought by
Billingsby Mark and Billingshy Erin
Seller's Agent
Stephanie Lanker
RE/MAX Properties of the Summit
Buyer's Agent
Agent Not In Board
NON-BOARD OFFICE
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.00%
Original Mortgage
$382,500
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2010
Sold by
Mcchesney Joseph Allen
Bought by
Mcchesney Nicole M and Engelbrecht Russell Q

Purchase Details

Closed on
Dec 29, 2008
Sold by
Esposito Douglas and Cooper Gary
Bought by
Mcchesney Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,294
Interest Rate
6.08%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 26, 2006
Sold by
Abbey Steven R and Abbey Sharon
Bought by
Esposito Douglas and Cooper Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2005
Sold by
Abbey Steven R
Bought by
Abbey Steven R and Abbey Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
6.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2005
Sold by
Deutsche Bank National Trust Co
Bought by
Abbey Steven R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
6.06%
Mortgage Type
New Conventional
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
Veith Kerry S $520,000 Land Title
Billingsby Mark $425,000 None Listed On Document
Mcchesney Nicole M -- None Available
Mcchesney Joseph $148,225 None Available
Esposito Douglas $156,000 Security Title
Abbey Steven R -- None Available
Abbey Steven R $121,000 Security Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veith Kerry S $416,000
Previous Owner Billingsby Mark $382,500
Previous Owner Mcchesney Joseph $146,294
Previous Owner Esposito Douglas $124,800
Previous Owner Abbey Steven R $121,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2024 09/30/24 Sold $520,000 -2.8% $356 / Sq Ft
07/26/2024 07/26/24 For Sale $535,000 +25.9% $367 / Sq Ft
02/16/2022 02/16/22 Sold $425,000 0.0% $323 / Sq Ft View Prior Sale
01/17/2022 01/17/22 Pending -- -- --
12/29/2021 12/29/21 For Sale $425,000 -- $323 / 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 $1,706 $28,070 $3,410 $24,660
2023 $1,706 $28,070 $3,410 $24,660
2022 $1,172 $18,315 $1,520 $16,795
2021 $1,146 $18,840 $1,560 $17,280
2020 $665 $10,590 $840 $9,750
2019 $644 $10,590 $840 $9,750
2018 $602 $10,590 $840 $9,750
2017 $543 $9,690 $820 $8,870
2016 $579 $10,690 $1,020 $9,670
2015 $591 $10,690 $1,020 $9,670
2014 $606 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 2625896

REcolorado®

APN: 31714