NOT LISTED FOR SALE

16660 Papago Way Colorado Springs, CO 80908

Estimated Value: $1,069,000 - $1,328,000

5 Beds
4.5 Baths
3,384 Sq Ft
$346/Sq Ft Est. Value

Last Sold January 25, 2024

Last sale price $1,120,000 $331 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,536/month

6 Days on Market

Highlights

  • Horses Allowed On Property
  • Primary Bedroom Suite
  • Open Floorplan
  • Ray E Kilmer Elementary School Rated A-
  • 5.01 Acre Lot
  • Meadow

About This Home

As of January 2024

This custom stucco ranch home on 5 fenced acres in Black Forest is perfect for horse lovers, featuring a 3-stall barn, shop, and stunning views of Pikes Peak. The interior is bathed in natural light, with a great room featuring a stone fireplace, high ceilings, and engineered hardwood floors. The gourmet kitchen includes custom cabinets, granite countertops, an island, and newer appliances, leading to a patio. NEW Stucco, BRAND NEW Roof being installed this month, NEW windows! This property is truly move-in ready and so well maintained.

The home has a split bedroom floor plan for privacy, with four main-floor bedrooms, each with ensuite baths and walk-in closets. The primary suite offers a luxurious 5 piece bath, two walk-in closets, and access to a back patio with a gas fire pit and seating for over 12 people. A 750 sq ft basement suite provides additional living space, ideal for teens or guests, featuring a bedroom, full bath, walk-in closet, and entertainment room.

Outside, the equestrian amenities continue to impress. A 36x40 insulated horse barn featuring beautiful barn doors with large windows, and skylights provide natural light and convenience. It comes equipped with water, electricity, 3+ horse stalls, a tack room, and hay storage. The horse pasture is fully fenced and includes a 60x100 outdoor arena. Additionally, a 24x31 steel building with a 12' lean-to offers storage for hay or equipment, complete with 220v and concrete flooring—an ideal space for projects or additional parking. Trailer or RV parking pad next to barn with electric hookups.

The property has a fenced yard, a dog door to the garage, well water with two separate watering systems for the lawn and the mature trees that grace the property, professional landscaping, and a front patio with a pergola. Its location offers easy access to I-25 and Hwy 83, combining open, updated living with the beauty of Colorado's landscape.

Last Agent to Sell the Property

Taryn King

eXp Realty, LLC Brokerage Email: taryn@horseandhearth.com,303-359-1000 License #100076290 Listed on: 12/15/2023

eXp Realty, LLC

Co-Listed By

Laura Owen

RE/MAX Momentum Brokerage Email: taryn@horseandhearth.com,303-359-1000 License #100053710

Last Buyer's Agent

The Chris Watson Team

RE/MAX Real Estate Group Inc License #040020181

RE/MAX Real Estate Group Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,478

Year Built

  • Built in 2004

Lot Details

  • 5.01 Acre Lot
  • Property is Fully Fenced
  • Planted Vegetation
  • Suitable For Grazing
  • Secluded Lot
  • Level Lot
  • Meadow
  • Private Yard
  • Grass Covered Lot
  • Property is zoned RR-5

HOA Fees

  • $16 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Mountain Contemporary Architecture
  • Spanish Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room with Fireplace

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Hydromassage or Jetted Bathtub

Basement

  • Partial Basement
  • 1 Bedroom in Basement

Home Security

  • Radon Detector
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Fire Pit
  • Rain Gutters

Schools

  • Ray E. Kilmer Elementary School
  • Lewis-Palmer Middle School
  • Lewis-Palmer High School

Farming

  • Livestock Fence
  • Hay

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral
  • Paddocks
  • Tack Room

Utilities

  • Humidifier
  • Forced Air Heating System
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Exclusions: Sellers personal property & staging items.
  • Assessor Parcel Number 51200-02-036

Community Details

Overview

  • Cherry Creek Springs HOA, Phone Number (303) 232-9200
  • Cherry Creek Springs Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,478

Year Built

Built in 2004

Lot Details

0

HOA Fees

$16 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mountain Contemporary, Spanish
  • Structure Type: House
  • Levels: One
  • Year Built: 2004
  • Above Grade Finished Sq Ft: 2633
  • Current Use: Agricultural, Live/Work
  • Exclusions: Sellers personal property & staging items.
  • Living Area: 3384
  • Pets Allowed: Yes
  • Directions: GPS is correct
  • SubdivisionName: Cherry Creek Springs
  • Co List Office Mls Id: RECEXPCO
  • Co List Office Phone: 888-440-2724
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 1
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_ExpectedActiveDate: 2023-12-15
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.95319
  • Attribution Contact: taryn@horseandhearth.com,303-359-1000
  • Special Features: VirtualTour

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Gas Water Heater, Humidifier, Microwave, Range Hood, Refrigerator
  • Fireplaces: 1
  • Interior Amenities: Breakfast Nook, Ceiling Fan(s), Eat-in Kitchen, Five Piece Bath, Granite Counters, High Ceilings, Jack & Jill Bathroom, Jet Action Tub, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: Family Room
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Partial
  • Basement: Yes
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 751
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4

Exterior Features

  • Foundation Details: Slab
  • Roof: Composition
  • Construction Materials: Frame, Rock, Stucco
  • Exterior Features: Balcony, Fire Pit, Private Yard, Rain Gutters
  • Patio and Porch Features: Covered, Front Porch, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Gravel

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Total Parking Spaces: 5
  • REC_ParkingCount: 2

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Well
  • Security: Carbon Monoxide Detector(s), Radon Detector, Smoke Detector(s)

Condo/Co-op/Association

  • Association Name: Cherry Creek Springs HOA
  • Association Fee Frequency: Annually
  • Association Amenities: Trail(s)
  • Association Fee: 195
  • Phone: 303-232-9200
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 195.00
  • REC_AssociationFeeTotalAnnual: 195.00
  • REC_AssociationManagementType: Self Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: https://www.cherrycreeksprings.com/

Schools

  • Middle Or Junior School: Lewis-Palmer

Lot Info

  • Horses: Yes
  • Parcel Number: 51200-02-036
  • Lot Size Acres: 5.01
  • Fencing: Fenced Pasture, Full, Partial
  • Building Area Total: 3384
  • Horse Amenities: Corral(s), Paddocks, Tack Room
  • Lot Features: Level, Meadow, Secluded, Suitable For Grazing
  • Lot Size Sq Ft: 218235.6
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2478

MLS Schools

  • Elementary School: Ray E. Kilmer
  • High School: Lewis-Palmer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2023
Closed on
Jan 22, 2024
Sold by
Johnson Melissa Jean Ernst and Johnson Jeremy Allan
Bought by
Bream Jeffrey R and Bream Dena M
Seller's Agent
Taryn King
eXp Realty, LLC
Buyer's Agent
The Chris Watson Team
RE/MAX Real Estate Group Inc
List Price
$1,175,000
Sold Price
$1,120,000
Premium/Discount to List
-$55,000
-4.68%
Views
94
Current Estimated Value
$1,170,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,368
Avg. Annual Appreciation
2.62%

Purchase Details

Closed on
Nov 15, 2016
Sold by
Warren Danel L
Bought by
Johnson Melissa Jean Ernst and Johnson Jeremy Allan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,670
Interest Rate
3.42%
Mortgage Type
VA

Purchase Details

Closed on
Oct 25, 2004
Sold by
Cherry Creek Estates Llc
Bought by
Warren Janel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,800
Interest Rate
2.75%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Bream Jeffrey R $1,120,000 Fntc
Johnson Melissa Jean Ernst $480,000 Unified Title Co Inc
Warren Janel L $93,500 Security Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Melissa Jean Ernst $479,670
Previous Owner Warren Janel L $241,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2024 01/25/24 Sold $1,120,000 -4.7% $331 / Sq Ft
12/15/2023 12/15/23 For Sale $1,175,000 -- $347 / 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
2025 $3,479 $67,400 -- --
2024 $3,369 $59,610 $11,310 $48,300
2023 $3,369 $59,610 $11,310 $48,300
2022 $2,478 $38,890 $8,480 $30,410
2021 $2,582 $40,020 $8,730 $31,290
2020 $2,354 $34,910 $7,310 $27,600
2019 $2,342 $34,910 $7,310 $27,600
2018 $2,163 $30,460 $6,190 $24,270
2017 $1,981 $30,460 $6,190 $24,270
2016 $1,914 $28,620 $6,130 $22,490
2015 $1,913 $28,620 $6,130 $22,490
2014 $2,006 $28,620 $7,960 $20,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 2879976

REcolorado®

APN: 51200-02-036