NOT LISTED FOR SALE

16494 Fairbanks Dr S Platteville, CO 80651

Estimated Value: $752,000 - $821,572

2.4 Acres
$332,039 Price per Acre
104,544 Sq Ft Lot

Last Sold July 13, 2019

Last sale price $90,000

Est. 785% increase in value since last sale

Current estimated payment $4,753/month

205 Days on Market

Highlights

  • Water Views
  • Clubhouse
  • Tennis Courts
  • Horses Allowed On Property
  • Community Pool
  • Cul-De-Sac

About This Lot

As of July 2019

LOT 72-MOUNTAIN & OR LAKE VIEWS, 8 MILES GROOMED BRIDLE PATHS, COMMUNITY CENTER, FISHING/PADDLE BOARDING AT STOCKED PRIVATE LAKE, SWIMMING POOL WITH CABANA, PLAY AREA, TENNIS COURTS. BASKETBALL.SPORTS COURT,GOLF PUTTING GREEN,MULTIPLE OUTDOOR BBQ AREAS,2 OUTDOOR HORSE ARENAS,SCHOOL BUS PICK UP AND RETURNS STUDENTS TO COMMUNITY CENTER.DISTRICT WATER, NATURAL GAS,ELECTRIC, INDIVIDUAL HOME SEPTIC SYSTEM

Last Agent to Sell the Property

Anthony Campagna

Keller Williams Realty NoCo Listed on: 12/20/2018

Last Buyer's Agent

Christine Hethcock

Graystone Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,051

Lot Details

  • 2.4 Acre Lot
  • Cul-De-Sac
  • Level Lot

HOA Fees

  • $25 Monthly HOA Fees

Property Views

  • Water
  • Mountain

Schools

  • Platteville Elementary School
  • North Valley Middle School
  • Valley High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Septic System
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R8176600

Community Details

Overview

  • Association fees include management
  • Pelican Lake Ranch Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park
  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$1,051

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Development Status: Approved Subdivided
  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Horses: Yes
  • Lot Size Acres: 2.4
  • Road Surface Type: Paved, Asphalt
  • Water Body Name: LAKE CHRISTINA
  • Subdivision Name: Pelican Lake Ranch
  • Directions: FROM DENVER 1-25 N. TO EXIT 243 (HWY 66.) HEAD E.ON 66 TO PLATTEVILLE N.2 BLOCKS TO CR 32,(LIGHT)TURN E.7 MILES TO CR 39,N. 1.5 MILES TO PLR ENTRY HOUSE & GATE.FROM LA SALLE,LEFT A LIGHT ON TO MAIN STREET (MAIN/CR39 7 MILES SOUTH TO GATE HOUSE TO PLR
  • IRESDS_HasWaterRights: No
  • Special Features: None

Interior Features

  • Possible Use: Single Family
  • Interior Amenities: Satellite Avail

Exterior Features

  • Lot Features: Fire Hydrant within 500 Feet, Cul-De-Sac, Level
  • View: Mountain(s), Foothills View, Plains View, Water
  • Waterfront: No
  • Exterior Features: Lighting

Utilities

  • Electric: Electric, Electricity at Property, Excel
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas at Property
  • Sewer: Septic
  • Water Source: District Water, Central Weld County
  • Gas Company: Natural Gas, Natural Gas at Property, Atsom

Condo/Co-op/Association

  • HOA Fee Includes: Management
  • Community Features: Clubhouse, Tennis Court(s), Pool, Playground, Park
  • Senior Community: No
  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: Yes
  • IRESDS_HasAssociationFee: Yes

Schools

  • Elementary School: Platteville
  • HighSchool: Valley
  • Junior High Dist: Weld County RE-1
  • Middle Or Junior School: North Valley

Lot Info

  • Zoning: Res
  • Current Use: Zoning Appropriate for 3 Horses
  • Lot Size Sq Ft: 104544
  • Parcel #: R8176600
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1051

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2021
Sold by
Northstar Homes Inc
Bought by
Martin Douglas A and Martin Anne M
Current Estimated Value
$796,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Outstanding Balance
$465,349
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$345,400

Purchase Details

Listed on
Dec 20, 2018
Closed on
Aug 23, 2019
Sold by
Rei Limited Liability Company
Bought by
Northstar Homes Inc
Seller's Agent
Anthony Campagna
Keller Williams Realty NoCo
Buyer's Agent
Christine Hethcock
Graystone Realty LLC
List Price
$100,000
Sold Price
$90,000
Premium/Discount to List
-$10,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.47%

Purchase Details

Closed on
Jun 17, 1994
Sold by
Beebe Draw Farms Ltd
Bought by
Rei Limited Liability Company Dba
Source: Public Records

Range of Values:

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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
Martin Douglas A $650,000 Heritage Title Co
Northstar Homes Inc $90,000 Heritage Title Co
Rei Limited Liability Company Dba -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Douglas A $520,000
Previous Owner Northstar Homes Inc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2020 10/10/20 Off Market $90,000 -- --
07/13/2019 07/13/19 Sold $90,000 -9.1% --
01/28/2019 01/28/19 Off Market $99,000 -- --
12/20/2018 12/20/18 For Sale $100,000 +1.0% --
05/14/2018 05/14/18 Sold $99,000 -1.0% --
04/17/2018 04/17/18 For Sale $100,000 -- --
Source: IRES MLS

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
2025 $4,634 $45,840 $9,610 $36,230
2024 $4,634 $45,840 $9,610 $36,230
2023 $4,311 $53,170 $9,820 $43,350
2022 $3,492 $37,000 $6,710 $30,290
2021 $3,613 $38,060 $6,900 $31,160
2020 $1,544 $16,720 $16,720 $0
2019 $1,496 $15,850 $15,850 $0
2018 $1,249 $12,860 $12,860 $0
2017 $1,202 $12,280 $12,280 $0
2016 $278 $2,870 $2,870 $0
2015 $254 $2,870 $2,870 $0
2014 $277 $3,150 $3,150 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 868576

IRES MLS

APN: R8176600