NOT LISTED FOR SALE

18820 County Road 162 Nathrop, CO 81236

Estimated Value: $596,476 - $950,000

4 Beds
4 Baths
2,180 Sq Ft
$334/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $615,000 $282 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,956/month

165 Days on Market

Highlights

  • Water Views
  • Aspen Trees
  • Meadow
  • Ski Accessible
  • Deck
  • Traditional Architecture

About This Home

As of April 2024

Located just up the valley from the world famous Mount Princeton Hot Springs Resort, are the perfectly sweet and rustic Bighorn Cabins on Chalk Creek. Two adorable cottages are nestled within pine and aspen on one acre with Chalk Creek bordering the entirety of the Southern property line. Built in 1967, the original 1,324 square foot "Bighorn Cabin" retains the charm of its era, with built-ins, a cozy cobblestone fireplace and 2 spacious bedrooms and 2 bathrooms. The home has had some upgrades including the remodel of the main bathroom's tile, sink and bathtub nook, the addition of stainless appliances and tile backsplash in the kitchen. The second "Annex" cabin was originally an 856 square foot woodshed/garage that has been converted into a quaint 2 bedroom 2 bathroom home. A sliding barn door leads from the main floor bedroom to a comfy living area, dining room and kitchenette featuring a copper sink, open shelving and a walk-out to its own private patio space. The property hosts ample parking, a fire pit near the creek and towering mountains all around. Bighorn Cabins on Chalk Creek are directly across the road from the Love Meadow Wildlife Viewing Meadow, and further up the valley is the darling ghost town of St Elmo, a favorite tourist spot to see the historic buildings and is a popular take-off point to access several 4WD mountain passes for endless Jeep/ATV/Snowmobiling adventures. The towns of Buena Vista and Salida provide amenities and conveniences. Downhill skiing can be found at Monarch Mountain and enjoy whitewater rafting on the nearby Arkansas River. There are many possibilities for these mountain cabins such as an ideal vacation cabin, full time residence with a guest home, or long term rental. Short term rental must conform to Chaffee County regulations.

Last Agent to Sell the Property

Kara Hedrick

Great Western Ranch and Land, LLC Brokerage Email: kara@gwranchandland.com License #100073887 Listed on: 09/24/2023

Last Buyer's Agent

Jessica Chariton

HomeSmart Preferred Realty License #100077228

HomeSmart Preferred Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,788

Year Built

  • Built in 1967

Lot Details

  • 1 Acre Lot
  • Home fronts a stream
  • North Facing Home
  • Planted Vegetation
  • Natural State Vegetation
  • Level Lot
  • Meadow
  • Mountainous Lot
  • Aspen Trees
  • Pine Trees
  • Wooded Lot
  • Many Trees

Property Views

  • Water
  • Mountain
  • Meadow
  • Valley

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,180 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Wood Burning Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Carbon Monoxide Detectors

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 5 Parking Spaces
  • Gravel Driveway

Outdoor Features

  • Deck
  • Fire Pit
  • Front Porch

Schools

  • Avery Parsons Elementary School
  • Buena Vista Middle School
  • Buena Vista High School

Utilities

  • Mini Split Air Conditioners
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Wall Furnace
  • Baseboard Heating
  • Propane
  • Well
  • Septic Tank
  • High Speed Internet
  • Satellite Dish

Listing and Financial Details

  • Exclusions: The Seller's personal Property. The (2) hot tubs are excluded but can be included with a strong offer.
  • Property held in a trust
  • Assessor Parcel Number R342327300117

Community Details

Overview

  • No Home Owners Association
  • Jo Love Subdivision

Recreation

  • Ski Accessible

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,788

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structure Type: House
  • Levels: Two
  • Year Built: 1967
  • Above Grade Finished Sq Ft: 2180
  • Current Use: Live/Work
  • Exclusions: The Seller's personal Property. The (2) hot tubs are excluded but can be included with a strong offer.
  • Living Area: 2180
  • Directions: From Buena Vista, travel south on Highway 285 to the town of Nathrop, turn right onto County Road 162, the property is located a little over 3 miles west of Mt. Princeton Hot Springs Resort. Turn left into the driveway (look for the bighorn sheep pic) immediately across from the Love Meadow State Wildlife Viewing Meadow.
  • SubdivisionName: Jo Love
  • Ownership: Corporation/Trust
  • Property Attached Yn: No
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 1
  • REC_UpperLevelBedrooms: 1
  • REC_WaterIncludedYN: 1
  • REC_SkiFeatures: Cross Country Skiing
  • Ratio Close Price By Original Li: 0.91111
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Fireplaces: 1
  • Interior Amenities: Built-in Features, Entrance Foyer
  • Flooring: Carpet, Tile, Vinyl
  • Fireplace Features: Family Room, Wood Burning
  • Full Bathrooms: 1
  • Basement: No
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Other Equipment: Satellite Dish

Exterior Features

  • Direction Faces: North
  • Foundation Details: Slab
  • Roof: Composition
  • Construction Materials: Wood Siding
  • View: Meadow, Mountain(s), Valley, Water
  • Exterior Features: Fire Pit
  • Patio and Porch Features: Deck, Front Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Waterfront Features: Stream

Garage/Parking

  • Parking Features: Gravel
  • Attached Garage: No
  • Total Parking Spaces: 5

Utilities

  • Utilities: Electricity Connected, Internet Access (Wired), Phone Connected, Propane
  • Sewer: Septic Tank
  • Cooling: Air Conditioning-Room
  • Heating: Baseboard, Electric, Propane, Wall Furnace, Wood
  • Water Source: Well
  • Security: Carbon Monoxide Detector(s)

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Buena Vista

Lot Info

  • Horses: No
  • Parcel Number: R342327300117
  • Lot Size Acres: 1
  • Fencing: None
  • Building Area Total: 2180
  • Lot Features: Level, Many Trees, Meadow, Mountainous, Near Ski Area
  • Lot Size Sq Ft: 43560

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1788

MLS Schools

  • Elementary School: Avery Parsons
  • High School: Buena Vista

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2023
Closed on
Apr 30, 2024
Sold by
Bighorn Creek Principle Properties Llc
Bought by
Mcconnell Kristina Burks and Mcconnell Robert Christopher
Seller's Agent
Kara Hedrick
Great Western Ranch and Land, LLC
Buyer's Agent
Jessica Chariton
HomeSmart Preferred Realty
List Price
$675,000
Sold Price
$615,000
Premium/Discount to List
-$60,000
-8.89%
Views
184
Current Estimated Value
$729,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,119
Avg. Annual Appreciation
10.47%
Original Mortgage
$603,860
Outstanding Balance
$595,377
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$133,742

Purchase Details

Closed on
Jul 20, 2022
Sold by
Phelps Jean M
Bought by
Bighorn/Creek Principle Properties Llc

Purchase Details

Closed on
Nov 16, 2016
Sold by
Claveau Dennis L and Claveau Kathleen M
Bought by
Phelps Jean M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mcconnell Kristina Burks $615,000 First American Title
Bighorn/Creek Principle Properties Llc -- None Listed On Document
Phelps Jean M $420,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcconnell Kristina Burks $603,860
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2024 04/30/24 Sold $615,000 -5.4% $282 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
01/11/2024 01/11/24 Price Changed $649,900 -3.1% $298 / Sq Ft
01/08/2024 01/08/24 Price Changed $671,000 -0.6% $308 / Sq Ft
09/24/2023 09/24/23 For Sale $675,000 -- $310 / 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
2024 $2,168 $43,120 $32,090 $11,030
2023 $2,047 $43,120 $32,090 $11,030
2022 $1,788 $33,980 $18,080 $15,900
2021 $1,801 $34,950 $18,600 $16,350
2020 $1,816 $33,390 $15,000 $18,390
2019 $1,817 $33,390 $15,000 $18,390
2018 $1,613 $27,700 $11,740 $15,960
2017 $1,468 $27,700 $11,740 $15,960
2016 $944 $20,000 $7,170 $12,830
2015 $910 $20,000 $7,170 $12,830
2014 $910 $39,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 5964785

REcolorado®

APN: R342327300117