NOT LISTED FOR SALE

1602 Hitchrack Rd Bailey, CO 80421

Estimated Value: $893,000 - $1,003,000

4 Beds
2.5 Baths
2,408 Sq Ft
$385/Sq Ft Est. Value

Last Sold May 03, 2023

Last sale price $760,000 $316 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,103/month

134 Days on Market

Highlights

  • Horses Allowed On Property
  • Primary Bedroom Suite
  • Aspen Trees
  • RV Garage
  • 8.14 Acre Lot
  • Mountain View

About This Home

As of May 2023

Don’t miss this delightful 8-acre horse property in the coveted Deer Creek Valley Ranchos neighborhood! This south-facing property is equipped with a sizable, owned, $80k solar energy system (will convey at closing), gardening area, chicken/goat barn, and the ability to have horses and livestock, giving way to potentially living off-grid and starting that homestead you’ve always dreamt of! Do you have a home-based business or need a warehouse for storage of work trucks, cars, or goods? The enormous 1500 sq. foot detached garage with three bays, electricity, and heat source provides plenty of room to park work trucks, cars, toys, goods, etc. Situated on over 8 acres along a cul de sac, this 4 bedroom/3 bathroom home (with huge unfinished basement) is ready for you to make it all your own. The beautiful covered porch where you can take in the views of Pikes Peak, Windy Peak, Buffalo Peak, and Mount Bailey gives a nod to a farmhouse feel in the mountains. Fenced pasture for horses. New roof with Class IV shingles on house and garage in 2021. New well drilled in 2021. This home could be moved right into or it can be taken to the next level. Imagine turning this into your modern-day dream farmhouse or rustic retreat! This property is about one hour to the heart of Denver, 1.5 hours to DIA, 1.5 hours to Breckenridge, and 14 minutes to Bailey amenities like Loaf 'n' Jug gas station, Dollar General, coffee shops, food trucks, schools, and the Bailey Library! Live, work, AND play at 1602 Hitchrack Road. Recently appraised at $895,000. Property to be sold as-is.

Last Agent to Sell the Property

Trang Janick

Madison & Company Properties License #100075506 Listed on: 12/05/2022

Madison & Company Properties

Co-Listed By

The Collective a Madison & Company

Madison & Company Properties

Last Buyer's Agent

Kevin Pilkington

Venterra Real Estate LLC License #100075705

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,052

Year Built

  • Built in 1980

Lot Details

  • 8.14 Acre Lot
  • Dirt Road
  • Cul-De-Sac
  • Dog Run
  • Year Round Access
  • Level Lot
  • Aspen Trees
  • Pine Trees
  • Wooded Lot
  • Many Trees
  • Garden

Parking

  • 6 Car Garage
  • Heated Garage
  • Lighted Parking
  • Dry Walled Garage
  • Exterior Access Door
  • RV Garage

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • 3 Fireplaces
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Oven
  • Cooktop
  • Microwave
  • Laminate Countertops

Flooring

  • Wood
  • Linoleum
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Unfinished Basement

  • Interior Basement Entry
  • Fireplace in Basement

Outdoor Features

  • Deck
  • Wrap Around Porch
  • Rain Gutters

Schools

  • Deer Creek Elementary School
  • Fitzsimmons Middle School
  • Platte Canyon High School

Farming

  • Livestock Fence
  • Pasture

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Wood
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • 220 Volts
  • 220 Volts in Garage
  • 110 Volts
  • Natural Gas Connected
  • Private Water Source
  • Private Company Owned Well
  • Well
  • Electric Water Heater
  • Septic Tank
  • Phone Available

Additional Features

  • Garage doors are at least 85 inches wide
  • Horses Allowed On Property

Community Details

  • Deer Creek Valley Ranchos Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 16241

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,052

Year Built

Built in 1980

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structure Type: House
  • Levels: Two
  • Above Grade Price per Sq Ft: 315.61
  • Finished Price per Sq Ft: 315.61
  • Total Price per Sq Ft: 202.13
  • Year Built: 1980
  • Above Grade Finished Sq Ft: 2408.00
  • Below Grade Sq Ft: 1352.00
  • Current Use: Live/Work
  • Issued Well Permit Numbers: 107452-A
  • Living Area: 2408.00
  • P P A: 93366.09
  • Restrictions Covenants: Yes
  • Upper Level Bathrooms: 2
  • Upper Level Bedrooms: 4
  • Water Included: Yes
  • Property Condition: Fixer
  • Directions: From Highway 285, turn onto County Road 43. Turn right onto Vigilante. Turn right onto Hitchrack Road and drive to the end of the road. Home will be on the left, second to last home on Hitchrack.
  • SubdivisionName: Deer Creek Valley Ranchos
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Electric Water Heater, Microwave, Oven
  • Fireplaces: 3
  • Interior Amenities: Eat-in Kitchen, Laminate Counters, Primary Suite, Walk-In Closet(s)
  • Flooring: Concrete, Linoleum, Tile, Wood
  • Fireplace Features: Basement, Living Room, Pellet Stove, Wood Burning, Wood Burning Stove
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Room Count: 13
  • Basement: Interior Entry/Standard, Unfinished
  • Basement: Yes
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Main Level Bathrooms: 1
  • Window Features: Double Pane Windows

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame, Vinyl Siding
  • View: Mountain(s)
  • Exterior Features: Dog Run, Garden, Rain Gutters
  • Patio and Porch Features: Covered, Deck, Front Porch, Wrap Around
  • Road Frontage Type: Public Road, Year Round
  • Road Surface Type: Dirt

Garage/Parking

  • Parking Features: 220 Volts, Dry Walled, Exterior Access Door, Heated Garage, Lighted, Oversized, Oversized Door, RV Garage
  • Garage Spaces: 6
  • Total Parking Spaces: 6

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available
  • Sewer: Septic Tank
  • Well Usage: Household Inside Only
  • Well Type: Private
  • Heating: Baseboard, Electric, Forced Air, Natural Gas, Pellet Stove, Wood, Wood Stove
  • Water Source: Private, Well
  • Electric: 110V, 220 Volts

Schools

  • Middle Or Junior School: Fitzsimmons

Lot Info

  • Out Building Count: 4
  • Horses: Yes
  • Parcel Number: 16241
  • Lot Size Acres: 8.14
  • Fencing: Fenced Pasture
  • Out Building Number Of: 3
  • Building Area Total: 3760.00
  • Horse Amenities: Pasture
  • Lot Features: Cul-De-Sac, Level, Many Trees, Rolling Slope
  • Lot Size Sq Ft: 354578.40

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3052.00

MLS Schools

  • Elementary School: Deer Creek
  • High School: Platte Canyon

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2022
Closed on
May 3, 2023
Sold by
Surdahl Roger
Bought by
Detrixhe Amy and Detrixhe Michael H
Seller's Agent
Trang Janick
Madison & Company Properties
Buyer's Agent
Kevin Pilkington
Venterra Real Estate LLC
List Price
$870,000
Sold Price
$760,000
Premium/Discount to List
-$110,000
-12.64%
Views
114
Current Estimated Value
$915,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,114
Avg. Annual Appreciation
7.79%
Original Mortgage
$231,000
Outstanding Balance
$224,612
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$701,747

Purchase Details

Closed on
Dec 15, 2006
Sold by
Clark Larry C and Clark Elizabeth K
Bought by
Surdahl Roger and Surdahl Kari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
7.95%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Detrixhe Amy $760,000 Land Title
Surdahl Roger $395,000 Security Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Detrixhe Amy $231,000
Previous Owner Surdahl Roger $316,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2023 05/03/23 Sold $760,000 -4.4% $316 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
03/30/2023 03/30/23 Price Changed $795,000 -3.6% $330 / Sq Ft
03/09/2023 03/09/23 Price Changed $825,000 -2.9% $343 / Sq Ft
02/08/2023 02/08/23 Price Changed $850,000 -2.3% $353 / Sq Ft
12/05/2022 12/05/22 For Sale $870,000 -- $361 / 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 $3,702 $62,590 $25,100 $37,490
2023 $3,702 $62,590 $25,100 $37,490
2022 $3,077 $48,593 $15,678 $32,915
2021 $3,052 $49,990 $16,130 $33,860
2020 $2,867 $45,110 $11,630 $33,480
2019 $2,828 $45,110 $11,630 $33,480
2018 $2,516 $45,110 $11,630 $33,480
2017 $2,513 $38,890 $12,030 $26,860
2016 $2,205 $33,960 $11,170 $22,790
2015 $2,224 $33,960 $11,170 $22,790
2014 $1,882 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 3195401

REcolorado®

APN: 16241