159 Shady Ln Palmer Lake, CO 80133
Estimated Value: $476,000 - $596,000
4
Beds
2
Baths
1,624
Sq Ft
$342/Sq Ft
Est. Value
Highlights
- Mountain View
- Deck
- Wood Flooring
- Lewis-Palmer Middle School Rated A
- Wooded Lot
- Bonus Room
About This Home
As of March 2022Impressive revival of this 1930’s mountain cottage in the tall trees of Glen Park! All new cosmetics with thoughtful preservation of some original features! You will feel the positive energy as soon as you step inside the traditional vestibule! Entertain in the classic cottage gathering space…a living/dining room combo featuring a pine beamed ceiling, knotty pine walls & gorgeous, freshly refinished hardwood flooring! Beautifully updated wood-burning fireplace is the focal point! Trendy kitchen upgrades including custom tile backsplash & luxurious granite counters! Kitchen walks out to one of the new decks for BBQ'ing! Separate cozy little coffee nook compliments the kitchen nicely! Spacious mud room includes washer & dryer! Large primary bedroom has a new sliding door that opens up to the new spacious deck (approx. 600 SF) where you will enjoy dreamy evenings under the starriest Colorado skies! Lots of daylight in the master plus a cedar-lined closet w/a barn door & refinished Douglas fir floors! New bathrooms including tub, shower, vanities, tile, lighting, and fixtures! New 2-panel doors on main! New paint throughout! Upper level resembles an old-fashioned dormitory with 3 adorable bunk rooms with shiny hardwoods, including built-ins & a 3/4 bath! Lots of space & fresh epoxy floors in the unfinished, walk-out basement ideal for exercise, hobbies or storage. Finish to suit your needs! No covenants! Room to build a garage! Award-winning D-38 schools! Close to the Creekside Trail which leads to the Reservoir trailhead & National Forest! Outdoor enthusiasts refer to this lifestyle as “paradise”...live simply and hike, bike, explore! Fish, SUP, kayak! Walk to first-rate restaurants & a thriving live music scene! Year-round small town all-inclusive events create the community you feel here! Yes, short-term rentals are permitted and we can’t think of a better Colorado mountain experience than the one your guests would get at this amazing Palmer Lake home!
Last Agent to Sell the Property
Main Street Brokers License #40031240 Listed on: 02/16/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,127
Year Built
- Built in 1939
Lot Details
- 10,051 Sq Ft Lot
- Wooded Lot
- Many Trees
- Property is zoned R3
Parking
- 3 Parking Spaces
Home Design
- Cottage
- Block Foundation
- Frame Construction
- Wood Roof
- Wood Siding
Interior Spaces
- 2-Story Property
- Built-In Features
- Ceiling Fan
- Wood Burning Fireplace
- Living Room with Fireplace
- Bonus Room
- Mountain Views
Kitchen
- Oven
- Cooktop
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Unfinished Basement
- Walk-Out Basement
- Bedroom in Basement
Eco-Friendly Details
- Smoke Free Home
Outdoor Features
- Deck
- Wrap Around Porch
Schools
- Palmer Lake Elementary School
- Lewis-Palmer Middle School
- Palmer Ridge High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Cable TV Available
Community Details
- No Home Owners Association
- Pine Crest Subdivision
- Foothills
Listing and Financial Details
- Assessor Parcel Number 71081-12-020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 16, 2022
Closed on
Mar 28, 2022
Sold by
Ab777 Investments Llc
Bought by
Gatchell Ethan J and Gatchell Elizabeth A
Seller's Agent
Trish Flake
Main Street Brokers
Buyer's Agent
Lisa Nicholaides
Verity Real Estate
List Price
$565,777
Sold Price
$575,000
Premium/Discount to List
$9,223
1.63%
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
-$19,464
Avg. Annual Appreciation
-1.05%
Original Mortgage
$268,500
Interest Rate
4.52%
Mortgage Type
Construction
Purchase Details
Closed on
Oct 16, 2021
Sold by
Ab777 Investments Llc
Bought by
Ab777 Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
11%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 8, 2021
Sold by
Durant Donald Ken and Estate Of Anna Jean Durant Hou
Bought by
Ab777 Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
11%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 9, 2009
Sold by
Durant Ann J
Bought by
Houser Anna J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
5.06%
Mortgage Type
Credit Line Revolving
Similar Homes in Palmer Lake, CO
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gatchell Ethan J | -- | Stewart Title Company | |
| Ab777 Investments Llc | -- | Empire Title Co Springs Llc | |
| Ab777 Investments Llc | $420,000 | Empire Title Co Springs Llc | |
| Houser Anna J | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Ab777 Investments | $268,500 | |
| Open | Gatchell Ethan J | $546,250 | |
| Previous Owner | Ab777 Investments Llc | $405,000 | |
| Previous Owner | Houser Anna J | $12,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/28/2022 03/28/22 | Sold | $575,000 | +1.6% | $354 / Sq Ft |
| 02/21/2022 02/21/22 | Pending | -- | -- | -- |
| 02/16/2022 02/16/22 | For Sale | $565,777 | -- | $348 / 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 | $1,946 | $33,840 | $4,960 | $28,880 |
| 2022 | $1,362 | $23,330 | $2,300 | $21,030 |
| 2021 | $1,362 | $26,360 | $4,730 | $21,630 |
| 2020 | $1,127 | $22,420 | $4,220 | $18,200 |
| 2019 | $1,121 | $22,420 | $4,220 | $18,200 |
| 2018 | $864 | $18,370 | $4,250 | $14,120 |
| 2017 | $866 | $18,370 | $4,250 | $14,120 |
| 2016 | $813 | $18,180 | $4,700 | $13,480 |
| 2015 | $710 | $18,180 | $4,700 | $13,480 |
| 2014 | $668 | $16,530 | $4,700 | $11,830 |
Source: Public Records
Agents Affiliated with this Home
-
Trish Flake
Seller's Agent in 2022
Trish Flake
Main Street Brokers
(719) 459-8305
42 in this area
79 Total Sales
-
Lisa Nicholaides
Buyer's Agent in 2022
Lisa Nicholaides
Verity Real Estate
(303) 638-9038
1 in this area
33 Total Sales
Map
Source: REcolorado®
MLS Number: 5121518
APN: 71081-12-028
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