NOT LISTED FOR SALE

1602 Hitchrack Rd Bailey, CO 80421

Estimated Value: $781,000 - $896,000

4 Beds
3 Baths
2,408 Sq Ft
$346/Sq Ft Est. Value

Sale Details

Date Sold: May 3, 2023

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

Est. 10% increase in value since last sale

Current estimated payment $4,681 / mo

About This Home

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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2023
Sold by
Surdahl Roger
Bought by
Detrixhe Amy and Detrixhe Michael H
Current Estimated Value
$833,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Outstanding Balance
$223,619
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$609,510

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
Collateral Analytics

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ICE

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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
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 Prior Sale
05/03/2023 05/03/23 Sold $760,000 -4.4% $316 / Sq Ft View Prior Sale
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

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
2025 $3,162 $49,400 $23,120 $26,280
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

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