NOT LISTED FOR SALE

16501 Fairbanks Rd N Platteville, CO 80651

Estimated Value: $796,000 - $847,000

1.9 Acres
$432,391 Price per Acre
82,764 Sq Ft Lot

Last Sold August 22, 2019

Last sale price $80,000 $26 Per Sq Ft

Est. 927% increase in value since last sale

Current estimated payment $4,944/month

1 Day on Market

Highlights

  • Horses Allowed On Property
  • Clubhouse
  • Tennis Courts
  • Mountain View
  • Community Pool
  • Park

About This Lot

As of August 2019

Beautiful custom home on 3 acres horse lot in Pelican Lake Ranch with numerous amenities. Peaceful setting with unobstructed mountain and lake views. 5 bedrooms, 3 1/2 baths, office with French doors, stone fireplace. Cook family meals in the gorgeous kitchen with upgraded appliances and custom cabinets. Entertain in the fully finished basement with bar and multiple living spaces. This house has so much to offer, come see the possibilities yourself! pelicanlakeranch.com

Last Agent to Sell the Property

Christine Hethcock

Graystone Realty LLC Listed on: 12/19/2018

Last Buyer's Agent

Christine Hethcock

Graystone Realty LLC Listed on: 12/19/2018

Property Details

Property Type

  • Land

Lot Details

  • 1.9

HOA Fees

  • $25 Monthly HOA Fees

Schools

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

Utilities

  • Septic System
  • Satellite Dish
  • Cable TV Available

Additional Features

  • 1.9 Acre Lot
  • Mountain Views
  • Mineral Rights Excluded
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number R8172900

Community Details

Overview

  • Association fees include management
  • Pelican Lake Ranch Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Exterior Lighting

Property Details

Property Type

Land

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: 1.9
  • Road Surface Type: Paved, Asphalt
  • Water Body Name: Lake Christina
  • Subdivision Name: Pelican Lake Ranch
  • Directions: FROM PLATTEVILLE: East on CNTY RD 32 8 miles to CNTY RD 39, North on CNTY RD 39 1 mile to Pelican Lake Ranch entrance.FROM GREELEY: Hwy 85 in Platteville, east on Co Rd 32 6.5 miles to Co Rd 39 1.5 miles North 1 mile to Pelican Lake Ranch Gatehouse
  • 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, Mineral Rights Excluded
  • View: Mountain(s)
  • Waterfront: No
  • Exterior Features: Lighting

Utilities

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

Condo/Co-op/Association

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

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: Yes

Schools

  • Elementary School: Platteville,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 2 Horses
  • Lot Size Sq Ft: 82764
  • Parcel #: R8172900
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1201

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2019
Closed on
Mar 29, 2019
Sold by
Wade Robert G and Wade Sarah F
Bought by
Reese Samuel R and Reese Eva L
Seller's Agent
Amanda Unrein
Kittle Real Estate
Buyer's Agent
Amanda Unrein
Kittle Real Estate
List Price
$561,500
Sold Price
$527,500
Premium/Discount to List
-$34,000
-6.06%
Total Days on Market
1
Current Estimated Value
$821,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,042
Avg. Annual Appreciation
6.73%
Original Mortgage
$349,750
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 15, 2016
Closed on
Nov 2, 2016
Sold by
Cb Signature Homes Llc
Bought by
Wade Robert G and Wade Sarah F
Seller's Agent
John DeWitt
RE/MAX Alliance-Greeley
Buyer's Agent
Jenny Marrick
Northern Colorado Real Estate
List Price
$415,340
Sold Price
$421,093
Premium/Discount to List
$5,753
1.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.84%
Original Mortgage
$430,761
Interest Rate
3.48%
Mortgage Type
VA

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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Reese Samuel R $527,500 North American Title
Wade Robert G $421,093 Land Title Guarantee Co
Rei Limited Liability Company Dba -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reese Samuel R $341,000
Closed Reese Samuel R $349,750
Previous Owner Wade Robert G $71,600
Previous Owner Wade Robert G $30,000
Previous Owner Wade Robert G $430,761
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2020 07/21/20 Off Market $527,500 -- --
11/20/2019 11/20/19 Off Market $80,000 -- --
08/22/2019 08/22/19 Sold $80,000 -84.8% $26 / Sq Ft
03/29/2019 03/29/19 Sold $527,500 +559.4% $165 / Sq Ft
03/12/2019 03/12/19 Off Market $80,000 -- --
01/31/2019 01/31/19 For Sale $85,000 -79.8% $28 / Sq Ft
01/28/2019 01/28/19 Off Market $421,093 -- --
01/28/2019 01/28/19 Off Market $85,000 -- --
01/04/2019 01/04/19 For Sale $561,500 +560.6% $176 / Sq Ft
12/20/2018 12/20/18 Pending -- -- --
12/19/2018 12/19/18 For Sale $85,000 -79.8% $28 / Sq Ft
11/02/2016 11/02/16 Sold $421,093 +1.4% $137 / Sq Ft
10/03/2016 10/03/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $415,340 +388.6% $135 / Sq Ft
02/26/2016 02/26/16 Sold $85,000 +21.4% $28 / Sq Ft
01/27/2016 01/27/16 Pending -- -- --
02/28/2011 02/28/11 For Sale $70,000 -- $23 / Sq Ft
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 $5,260 $49,460 $10,160 $39,300
2024 $5,260 $49,460 $10,160 $39,300
2023 $4,931 $53,190 $10,410 $42,780
2022 $3,990 $37,820 $7,240 $30,580
2021 $4,126 $38,910 $7,450 $31,460
2020 $3,709 $35,830 $7,030 $28,800
2019 $3,780 $35,830 $7,030 $28,800
2018 $3,271 $30,230 $7,210 $23,020
2017 $3,292 $30,230 $7,210 $23,020
2016 $307 $3,170 $3,170 $0
2015 $281 $3,170 $3,170 $0
2014 $11 $60 $60 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: IRES MLS

MLS Number: 868539

IRES MLS

APN: R8171000