NOT LISTED FOR SALE

187 Palmer Peak Dr Fair Play, CO 80440

Estimated Value: $571,000 - $614,000

2 Beds
2 Baths
1,252 Sq Ft
$472/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $537,500 $429 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,313/month

29 Days on Market

Highlights

  • View of Trees or Woods
  • Wood Burning Stove
  • Wood Flooring
  • 5 Acre Lot
  • Vaulted Ceiling
  • Forced Air Heating System

About This Home

As of December 2021

Quaint cabin located on 5 pristine acres! Located in the Silverheels Ranch Subdivision & nestled in healthy grove of aspens for ultimate privacy. Enjoy south park views from extra large wrap around deck! Cabin features open living space and lots windows to provide natural light. Recent remodel to upper bathroom! Well maintained! Ethernet high speed internet! Cozy wood stove! Subdivision w/2 stocked trout ponds, NFS access, augmented wells allow watering for 2 horses. Seclusion & Privacy await!

Last Agent to Sell the Property

Bonnie Paffenroth

Caniglia Real Estate Group,LLC License #FA40047580 Listed on: 10/04/2021

Last Buyer's Agent

Bonnie Paffenroth

Caniglia Real Estate Group,LLC License #FA40047580 Listed on: 10/04/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,212

Year Built

  • Built in 1984

Lot Details

  • 5 Acre Lot

HOA Fees

  • $7 Monthly HOA Fees

Parking

  • Parking Pad

Property Views

  • Woods
  • Mountain
  • Meadow

Home Design

  • Cabin
  • Concrete Foundation
  • Asphalt Roof

Interior Spaces

  • 1,252 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Stove
  • Washer Hookup

Kitchen

  • Range with Range Hood
  • Microwave

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Propane
  • Well
  • Septic Tank
  • Septic System
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 36058

Community Details

Overview

  • Association fees include management
  • Silverheels Ranch Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,212

Year Built

Built in 1984

Lot Details

0

HOA Fees

$7 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.0
  • Subdivision Name: SILVERHEELS RANCH
  • Directions: From Fairplay: N on HWY 285, L on Silverheels Rd. L on Little Baldy, R on Little Baldy at T intersection, R on Palmer Peak. Home on left. Look for sign
  • Architectural Style: Cabin/Cottage
  • Unit Levels: Two
  • Year Built: 1984
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Microwave, Range, Refrigerator, Range Hood
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning Stove
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Vaulted Ceiling(s)
  • Living Area: 1252.0

Exterior Features

  • Lot Features: See Remarks
  • View: Meadow, Mountain(s), Trees/Woods
  • View: Yes
  • Exclusions: No
  • Foundation Details: Poured
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Parking Pad

Utilities

  • Laundry Features: Washer Hookup
  • Green Building Features: Not Applicable
  • Heating: Forced Air, Propane, Wood Stove
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Available, Propane, Phone Available, See Remarks, Trash Collection, Septic Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: See Remarks, Trails/Paths
  • Association Fee: 80.0
  • Association Fee Frequency: Annually
  • Pets Allowed: Owner Only, Pet Restrictions

Fee Information

  • Association Fee Includes: Association Management

Lot Info

  • Lot Size Sq Ft: 217800.0
  • Parcel #: 36058
  • Zoning Description: Single Family

Tax Info

  • Tax Annual Amount: 1212.32
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2021
Closed on
Dec 3, 2021
Sold by
Loney Samuel W and Loney Yvonne E
Bought by
Ignatioff Eugene and Ignatioff Nataliya
Seller's Agent
Bonnie Paffenroth
Caniglia Real Estate Group,LLC
Buyer's Agent
Bonnie Paffenroth
Caniglia Real Estate Group,LLC
List Price
$537,500
Sold Price
$537,500
Current Estimated Value
$590,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,969
Avg. Annual Appreciation
2.34%
Original Mortgage
$403,125
Outstanding Balance
$370,670
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$219,799

Purchase Details

Listed on
Jun 16, 2017
Closed on
Nov 22, 2017
Sold by
Walker Randy and Walker Carrie L
Bought by
Loney Samuel W and Loney Yvonne E
Seller's Agent
John Faile
Timber Wolf Realty
Buyer's Agent
Bonnie Paffenroth
Caniglia Real Estate Group,LLC
List Price
$289,000
Sold Price
$289,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.56%
Original Mortgage
$254,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 16, 2017
Closed on
Nov 17, 2017
Sold by
Walker Randy and Walker Carrie L
Bought by
Loney Samuel W and Loney Yvonne E
Seller's Agent
John Faile
Timber Wolf Realty
Buyer's Agent
Bonnie Paffenroth
Caniglia Real Estate Group,LLC
List Price
$289,000
Sold Price
$289,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
3.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Ignatioff Eugene $537,500 Fidelity National Title
Loney Samuel W -- None Available
Loney Samuel W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ignatioff Eugene $403,125
Previous Owner Loney Samuel W $254,000
Previous Owner Loney Samuel W $254,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2021 12/03/21 Sold $537,500 0.0% $429 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $537,500 +86.0% $429 / Sq Ft
11/17/2017 11/17/17 Sold $289,000 0.0% $231 / Sq Ft View Prior Sale
10/18/2017 10/18/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $289,000 -- $231 / Sq Ft
Source: Summit 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
2024 $2,434 $40,040 $9,310 $30,730
2023 $2,434 $40,040 $9,310 $30,730
2022 $1,498 $23,408 $7,966 $15,442
2021 $1,465 $24,080 $8,190 $15,890
2020 $1,216 $19,360 $6,660 $12,700
2019 $1,177 $19,360 $6,660 $12,700
2018 $1,094 $19,360 $6,660 $12,700
2017 $986 $17,610 $6,500 $11,110
2016 $993 $18,320 $7,000 $11,320
2015 $1,013 $18,320 $7,000 $11,320
2014 $1,085 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Summit MLS

MLS Number: S1031298

Summit MLS

APN: 36058