NOT LISTED FOR SALE

1480 N State Highway 83 Franktown, CO 80116

Estimated Value: $766,308 - $855,000

3 Beds
1 Bath
1,968 Sq Ft
$408/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $600,000 $305 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,819/month

4 Days on Market

Highlights

  • Arena
  • No HOA
  • Loafing Shed
  • Traditional Architecture
  • Pasture
  • 1-Story Property

About This Home

As of November 2020

Excellent property for horses or other agricultural use. Located extremely well near Franktown, Colorado. If allowed, could be used for a small business operation. The home and barn are older. Corrals are made of pipe and in excellent shape. Balance of property has excellent fencing. Nice outdoor arena for training of horses. Elementary School located next to Property.

Last Agent to Sell the Property

Jim Webster

LEADBETTER & WEBSTER LAND CO License #149881 Listed on: 10/09/2020

Last Buyer's Agent

Jim Webster

LEADBETTER & WEBSTER LAND CO License #149881 Listed on: 10/09/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,608

Year Built

  • Built in 1952

Lot Details

  • 5.04 Acre Lot
  • Property is zoned A1

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,968 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Oven
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Franktown Elementary School
  • Sagewood Middle School
  • Ponderosa High School

Farming

  • Livestock Fence
  • Loafing Shed
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral
  • Arena

Utilities

  • No Cooling
  • Heating Available
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R0043529

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,608

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structure Type: House
  • Levels: One
  • Year Built: 1952
  • Above Grade Finished Sq Ft: 1968
  • Current Use: Agricultural, Livestock
  • Exclusions: None
  • Living Area: 1968
  • Directions: Conveniently located just 1 mile south of Franktown, Colorado on Highway 83.
  • SubdivisionName: None
  • Ownership: Individual
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.86331
  • Special Features: None

Interior Features

  • Appliances: Oven, Refrigerator
  • Flooring: Carpet
  • Full Bathrooms: 1
  • Basement: Unfinished
  • Basement: Yes
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Construction Materials: Wood Siding
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Driveway-Gravel
  • Attached Garage: No
  • Garage Spaces: 2
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Utilities: Electricity Connected
  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Electric
  • 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

Schools

  • Middle Or Junior School: Sagewood

Lot Info

  • Horses: Yes
  • Parcel Number: R0043529
  • Lot Size Acres: 5.04
  • Fencing: Fenced Pasture
  • Building Area Total: 1968
  • Horse Amenities: Arena, Corral(s), Loafing Shed, Pasture
  • Lot Size Sq Ft: 219542

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2608

MLS Schools

  • Elementary School: Franktown
  • High School: Ponderosa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2022
Sold by
A Ranch Llc
Bought by
Brake Andrew T
Total Days on Market
4
Current Estimated Value
$803,327

Purchase Details

Closed on
Oct 14, 2021
Sold by
Brake Andrew T
Bought by
A Ranch Llc

Purchase Details

Listed on
Oct 9, 2020
Closed on
Nov 20, 2020
Sold by
Orr Jack Leroy
Bought by
Brake Andrew T
Seller's Agent
Jim Webster
LEADBETTER & WEBSTER LAND CO
Buyer's Agent
Jim Webster
LEADBETTER & WEBSTER LAND CO
List Price
$695,000
Sold Price
$600,000
Premium/Discount to List
-$95,000
-13.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%
Original Mortgage
$420,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2020
Sold by
Orr Jack Leroy
Bought by
Brake Andrew T

Purchase Details

Closed on
Oct 15, 1969
Sold by
Mclain Nevelle D
Bought by
Orr Jack Leroy and Orr Cheryl L
Source: Public Records

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Range of Values:

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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
Brake Andrew T -- --
A Ranch Llc -- None Available
Brake Andrew T $600,000 Land Title Guarantee Co
Brake Andrew T -- Land Title Guarantee Co
Orr Jack Leroy $19,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brake Andrew T $420,000
Previous Owner Brake Andrew T $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $600,000 -13.7% $305 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
10/09/2020 10/09/20 For Sale $695,000 -- $353 / 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 $3,714 $46,770 $27,040 $19,730
2023 $3,755 $46,770 $27,040 $19,730
2022 $3,053 $36,470 $18,910 $17,560
2021 $3,165 $36,470 $18,910 $17,560
2020 $2,596 $30,610 $13,090 $17,520
2019 $2,608 $30,610 $13,090 $17,520
2018 $2,413 $27,820 $12,710 $15,110
2017 $2,246 $27,820 $12,710 $15,110
2016 $2,214 $26,890 $13,930 $12,960
2015 $1,132 $26,890 $13,930 $12,960
2014 $1,158 $25,700 $13,930 $11,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 7048175

REcolorado®

APN: 2507-020-00-032