NOT LISTED FOR SALE

18997 Elbert Rd Elbert, CO 80106

Estimated Value: $399,000 - $1,175,000

3 Beds
3 Baths
2,588 Sq Ft
$330/Sq Ft Est. Value

Last Sold May 26, 2020

Last sale price $925,000 $357 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $4,957/month

290 Days on Market

Highlights

  • Lake Front
  • Home fronts a pond
  • Pine Trees
  • Horses Allowed On Property
  • 40 Acre Lot
  • Meadow

About This Home

As of May 2020

PRICE REDUCED! One of a kind horse farm for serious breeders, racers and boarders. Cross-fenced with horse-safe railing, a multiple building property on 40 acres of flat land surrounded by hills & forest with pond and paved access at the edge of the Black Forest. Renovated, concrete, heated barn with 12 kick-matted stalls, indoor 40x40 round pen, 1 foaling stall, Nelson waterers, LED Lights, feed room, tack room, office with bathroom & separate cow wash room. 22 turnouts (all with feeders and loafing sheds) & 2 hot walkers. Three residences with 2500 sq. ft. ranch home; a "horse hotel" apartment/birthing room with quarantine stall; & a mobile home for hired help. Other buildings include 30x50 stud barn/shop; a garage & large work & equipment barn and a separate hay building. Also included is a 2 horse starting gate for training and 220 yards of track. This gate was owned by the first woman quarter horse racing trainer! In a great location, for the serious equine pro, this ranch has it all!

Last Listed By

Mark Bulla

Colorado Real Estate Brokerage LLC License #001319591 Listed on: 07/22/2019

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,966

Year Built

  • Built in 1969

Lot Details

  • 40 Acre Lot
  • Home fronts a pond
  • Home fronts a stream
  • Lake Front
  • Creek or Stream
  • West Facing Home
  • Property is Fully Fenced
  • Level Lot
  • Meadow
  • Cleared Lot
  • Pine Trees
  • Partially Wooded Lot
  • Private Yard
  • Grass Covered Lot
  • NA
  • Property is zoned A-35

Parking

  • Dirt Driveway

Home Design

  • Farm
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Wired For Data
  • Family Room with Fireplace
  • Carpet
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 3 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 1 Bedroom in Basement

Eco-Friendly Details

  • Smoke Free Home

Outdoor Features

  • Wetlands on Lot
  • Front Porch

Schools

  • Peyton Elementary And Middle School
  • Peyton High School

Farming

  • Livestock Fence
  • Loafing Shed
  • Pasture

Horse Facilities and Amenities

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • 220 Volts
  • Propane
  • Well
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Rural Subdivision

Listing and Financial Details

  • Exclusions: Personal farm equipment. However bills of sale for certain equipment can be negotiated.
  • Property held in a trust
  • Assessor Parcel Number 41000-00-247

Property Details

Property Type

Other

Est. Annual Taxes

$1,966

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Farm
  • Property Sub Type: Farm
  • Structure Type: House
  • Levels: One
  • Year Built: 1969
  • Above Grade Finished Sq Ft: 1294
  • Current Use: Agricultural
  • Exclusions: Personal farm equipment. However bills of sale for certain equipment can be negotiated.
  • Living Area: 2588
  • Directions: Located on the Elbert Highway just 1/4 mile North of the intersection of Elbert Road and Evans Road. The property is surrounded by white, fiberglass fencing. Buyer's Agents and their clients are advised to follow the CDC recommendations for minimizing the spread of Coronavirus Disease 2019 (COVID-19). Please be considerate, if you or your buyers are experiencing any symptoms, refrain from showing. Thanks, be well and safe!
  • SubdivisionName: Rural
  • Ownership: Corporation/Trust
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 1
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.84091
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Oven, Refrigerator
  • Fireplaces: 1
  • Interior Amenities: Smoke Free, Wired for Data
  • Flooring: Carpet
  • Fireplace Features: Family Room
  • Basement: Finished, Full, Walk-Out Access
  • Basement: Yes
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1294
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2

Exterior Features

  • Direction Faces: West
  • Other Structures: Barn(s), Caretaker, Living Quarters, Other, Stable(s), Workshop
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Construction Materials: Frame, Wood Siding
  • Exterior Features: Private Yard
  • Patio and Porch Features: Front Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Waterfront Features: Lake, Pond, Stream

Garage/Parking

  • Parking Features: None, Driveway-Dirt
  • Attached Garage: No
  • REC_ParkingCount: 1

Utilities

  • Utilities: Electricity Available, Internet Access (Wired), Natural Gas Available, Phone Connected, Propane
  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Forced Air, Propane
  • Water Source: Well
  • Electric: 220 Volts
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • Association: No

Association/Amenities

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

Schools

  • Middle Or Junior School: Peyton

Lot Info

  • Horses: Yes
  • Parcel Number: 41000-00-247
  • Lot Size Acres: 40
  • Fencing: Fenced Pasture, Full
  • Possible Use: Livestock
  • Additional Parcels Description: NA
  • Building Area Total: 2588
  • Horse Amenities: Corral(s), Loafing Shed, Paddocks, Pasture, Round Pen, Tack Room, Water - Stream/Spring
  • Lot Features: Level, Meadow, Wetlands
  • Lot Size Sq Ft: 1742400

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1966

MLS Schools

  • Elementary School: Peyton
  • High School: Peyton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2014
Sold by
Slaughter Jerry D and Slaughter Beverly M
Bought by
Bf Legacy Ranch Llc
Total Days on Market
290
Current Estimated Value
$854,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.41%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 17, 2013
Sold by
Bishop Annette
Bought by
Slaughter Jerry D and Slaughter Beverly M

Purchase Details

Closed on
Feb 12, 2008
Sold by
Slaughter Jerry D and Slaughter Beverly M
Bought by
Bishop Annette and Slaughter Jerry D

Purchase Details

Closed on
Sep 10, 1997
Sold by
Falkenburg La Verda M and Falkenburg Ramona M
Bought by
Slaughter Jerry D and Slaughter Beverly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 2, 1986
Bought by
Bf Legacy Ranch Llc

Range of Values:

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Average Value
Not Available
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
Bf Legacy Ranch Llc $500,000 Fidelity National Title Ins
Slaughter Jerry D -- None Available
Bishop Annette -- None Available
Slaughter Jerry D $250,000 --
Bf Legacy Ranch Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ranch Loc Legacy $1,950,000
Closed Loc Legacy Ranch Llc $271,000
Closed Bf Legacy Llc $529,000
Closed Bf Legacy Ranch Llc $100,000
Closed Bf Legacy Ranch Llc $400,000
Previous Owner Slaughter Jerry D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2020 05/26/20 Sold $925,000 -7.0% $357 / Sq Ft
05/07/2020 05/07/20 Pending -- -- --
04/04/2020 04/04/20 Price Changed $995,000 -9.5% $384 / Sq Ft
07/22/2019 07/22/19 For Sale $1,100,000 -- $425 / 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 $2,629 $69,330 $15,430 $53,900
2023 $2,629 $69,330 $15,430 $53,900
2022 $2,456 $51,360 $14,580 $36,780
2021 $2,544 $52,850 $15,000 $37,850
2020 $2,340 $47,060 $15,000 $32,060
2019 $2,295 $47,060 $15,000 $32,060
2018 $1,966 $38,520 $11,310 $27,210
2017 $1,955 $38,520 $11,310 $27,210
2016 $1,974 $38,830 $12,510 $26,320
2015 $1,967 $38,830 $12,510 $26,320
2014 $1,201 $25,400 $12,510 $12,890
Source: Public Records

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