NOT LISTED FOR SALE

18845 Spring Valley Rd Monument, CO 80132

Palmer Lake Area

Estimated Value: $673,000 - $784,515

4 Beds
3 Baths
3,505 Sq Ft
$207/Sq Ft Est. Value

Sale Details

Date Sold: August 27, 2024

Last sale price $701,000 $200 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,356 / mo

6 Days on Market

Highlights

  • Primary Bedroom Suite
  • 0.96 Acre Lot
  • Secluded Lot
  • Lewis-Palmer Middle School Rated A
  • Mountain View
  • Living Room with Fireplace

About This Home

As of August 2024

Nestled in the picturesque landscape of Monument, this home offers an exceptional retreat with breathtaking mountain views, lush trees, and a meticulously manicured landscape, spread across nearly 1 acre of land. This home boasts main level living including oak cabinets, solid surface granite countertops, main level laundry, surround sound speakers, central vacuum, central air conditioning and wood finishes. Walk into the spacious master suite complete with a jetted tub, walk-in closet, and walk out to private patio. Additionally, there is a home office/bedroom with wood flooring and one additional bedroom offering versatile living spaces to suit your needs. As you venture to the lower level, you'll find a cozy family room, an additional bedroom, full bath, wet bar, and game room with included pool table that provide endless entertainment options. The lower level has tongue and groove ceiling, adding to the home's rustic charm. A large custom sunroom invites you to enjoy the serene surroundings and fresh mountain air, privacy and views. The property also includes a storage shed, paved driveway, and a fenced backyard, perfect for enjoying outdoor activities. Minutes to downtown Monument and I-25 for your commute to Colorado Springs, Castle Rock or Denver. Don't miss this incredible opportunity to own a piece of Colorado paradise!

Last Agent to Sell the Property

Tina Kepenach

The Innovative Group LLC Brokerage Email: info@phcmoves.com,719-291-4165 License #40043063 Listed on: 06/28/2024

Last Buyer's Agent

Heather Kirkwood

The Cutting Edge License #100069408

The Cutting Edge

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,253

Year Built

  • Built in 1993

Lot Details

  • 41,818 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped
  • Secluded Lot
  • Level Lot
  • Many Trees
  • Private Yard
  • Property is zoned RR-0.5

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Driveway

Property Views

  • Mountain
  • Meadow

Home Design

  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Electric Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Living Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • 1 Bedroom in Basement

Schools

  • Palmer Lake Elementary School
  • Lewis-Palmer Middle School
  • Palmer Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Wakonda Hills Subdivision

Listing and Financial Details

  • Exclusions: All personal belongings
  • Assessor Parcel Number 71100-04-064

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,253

Year Built

Built in 1993

Lot Details

0.96 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: One
  • Year Built: 1993
  • Above Grade Finished Sq Ft: 1943
  • Exclusions: All personal belongings
  • Living Area: 3505
  • Directions: I-25 to HWY 105 West towards Palmer Lake, right on Beacon Lite Road, left on Wakonda Way, left on Spring Valley to 18845 Spring Valley Road.
  • SubdivisionName: Wakonda Hills
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBedrooms: 1
  • REC_BelowGradeUnfinishedArea: 110.00
  • REC_ExpectedActiveDate: 2024-06-28
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 1.00143
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer
  • Fireplaces: 2
  • Interior Amenities: Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, Granite Counters, High Ceilings, Kitchen Island, Pantry, Primary Suite, Walk-In Closet(s), Wet Bar
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: Basement, Electric, Gas, Living Room
  • Full Bathrooms: 2
  • Basement: Full
  • Basement: Yes
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1562
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Window Features: Double Pane Windows, Skylight(s), Window Coverings

Exterior Features

  • Foundation Details: Slab
  • Roof: Stone-Coated Steel
  • Construction Materials: Frame, Stone, Stucco
  • View: Meadow, Mountain(s)
  • Exterior Features: Private Yard
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Asphalt, Heated Garage
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Total Parking Spaces: 2

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Well

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: Lewis-Palmer

Lot Info

  • Parcel Number: 71100-04-064
  • Lot Size Acres: 0.96
  • Fencing: Partial
  • Building Area Total: 3615
  • Lot Features: Landscaped, Level, Many Trees, Secluded
  • Lot Size Sq Ft: 41817.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2253

MLS Schools

  • Elementary School: Palmer Lake
  • High School: Palmer Ridge

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Aug 27, 2024
Sold by
Raymond And Lanita Thorne 2017 Trust
Bought by
Seller's Agent
Tina Kepenach
The Innovative Group LLC
Buyer's Agent
Heather Kirkwood
The Cutting Edge
List Price
$700,000
Sold Price
$701,000
Premium/Discount to List
$1,000
0.14%
Views
9
Current Estimated Value
$734,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,322
Avg. Annual Appreciation
1.65%
Original Mortgage
$501,000
Outstanding Balance
$461,195
Interest Rate
6.05%
Mortgage Type
New Conventional
Estimated Equity
$263,684

Purchase Details

Closed on
Jul 12, 2017
Sold by
Thorne Raymond E and Thorne Lanita C
Bought by
The Raymond And Lanita Thorne 2017 Tt

Purchase Details

Closed on
Nov 22, 2002
Sold by
Mccormick Toni A and Mccormick Stephen R
Bought by
Thorne Raymond E and Thorne Lanita C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,400
Interest Rate
6.13%

Purchase Details

Closed on
Oct 1, 1993
Sold by
Doud Arthur and Doud Doris
Bought by
Mccormick Toni A and Mccormick Stephen R

Purchase Details

Closed on
Feb 3, 1993
Bought by
Thorne Raymond And

Purchase Details

Closed on
May 1, 1984
Bought by
Thorne Lanita 2017 Trust

Purchase Details

Closed on
Mar 1, 1982
Bought by
Thorne Raymond And
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Monument, CO

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$701,000 Stewart Title
The Raymond And Lanita Thorne 2017 Tt -- None Available
Thorne Raymond E $318,000 Security Title
Mccormick Toni A -- --
Thorne Raymond And $17,000 --
Thorne Lanita 2017 Trust -- --
Thorne Raymond And -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $501,000
Previous Owner Thorne Raymond E $127,000
Previous Owner Thorne Raymond E $48,000
Previous Owner Thorne Raymond E $139,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/27/2024 08/27/24 Sold $701,000 +0.1% $200 / Sq Ft
07/05/2024 07/05/24 Pending -- -- --
06/28/2024 06/28/24 For Sale $700,000 -- $200 / Sq Ft
Source: REcolorado®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,416 $56,040
2025 $3,174 $56,040
2024 $2,622 $52,050 $10,450 $41,600
2023 $2,622 $52,050 $10,450 $41,600
2022 $2,253 $40,250 $8,740 $31,510
2021 $2,331 $41,410 $8,990 $32,420
2020 $2,431 $41,410 $8,080 $33,330
2019 $2,240 $38,880 $8,080 $30,800
2018 $1,932 $33,120 $6,760 $26,360
2017 $2,132 $33,120 $6,760 $26,360
2016 $1,673 $31,930 $7,030 $24,900
2015 $1,671 $31,930 $7,030 $24,900
2014 $1,518 $28,770 $7,030 $21,740
Source: Public Records

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Map

Source: REcolorado®

MLS Number: 3317648

REcolorado®

APN: 71100-04-064

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