NOT LISTED FOR SALE

199 Running Elk Point Divide, CO 80814

Divide Neighborhood

Estimated Value: $1,604,588 - $1,908,000

5 Beds
5 Baths
5,602 Sq Ft
$315/Sq Ft Est. Value

Last Sold July 29, 2021

Last sale price $1,500,000 $268 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $10,372/month

60 Days on Market

Highlights

  • Lake Front
  • Home fronts a pond
  • 35.03 Acre Lot
  • Horses Allowed On Property
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of July 2021

Luxury mountain masterpiece situated atop a mountain plateau with commanding views of Pikes Peak. Impressive Grand Room w/2-story windows framing the picturesque mountain scenery with adjoining gourmet kitchen. Spacious design with wrap-around decks and private guest areas. Quality finishes- granite, alder doors, cherry/birch cabinetry, Brazilian cherry floors, Outdoor living w/ (4) decks, flagstone patio w/fire pit. Land features year-round spring-fed pond and network of trails through the aspen and spruce forest.
Extras: Built-in Guest (Mother-in-Law) Quarters include Open Living-Kitchen-Dining Area w/ Wood Stove & Upper Level Bedroom & 3/4 Bath. Security & Audio Systems, (2) Laundry Areas, Ample Storage, Detached 3-Car Metal Garage. Gated and private.

Last Listed By

Victoria Garrisi

True West Properties License #40020081 Listed on: 04/29/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,373

Year Built

  • Built in 2008 | Remodeled

Lot Details

  • 35.03 Acre Lot
  • Home fronts a pond
  • Lake Front
  • Property fronts a private road
  • Cul-De-Sac
  • Dog Run
  • Partially Fenced Property
  • Landscaped
  • Rock Outcropping
  • Suitable For Grazing
  • Sloped Lot
  • Meadow
  • Mountainous Lot
  • Aspen Trees
  • Wooded Lot
  • Many Trees
  • Property is zoned A-1

HOA Fees

  • $54 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 3 Carport Spaces
  • Insulated Garage
  • Lighted Parking
  • Dry Walled Garage
  • Exterior Access Door
  • Gravel Driveway

Property Views

  • Mountain
  • Valley

Home Design

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

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Furnished or left unfurnished upon request
  • Home Theater Equipment
  • Sound System
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room with Fireplace
  • 4 Fireplaces
  • Great Room with Fireplace
  • Living Room with Fireplace

Kitchen

  • Double Convection Oven
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Primary Bedroom Suite
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Exterior Basement Entry
  • Fireplace in Basement
  • 1 Bedroom in Basement

Home Security

  • Smart Security System
  • Smart Thermostat
  • Radon Detector

Eco-Friendly Details

  • Smoke Free Home
  • Heating system powered by passive solar

Outdoor Features

  • Spring on Lot
  • Balcony
  • Deck
  • Covered patio or porch
  • Outdoor Fireplace
  • Fire Pit
  • Exterior Lighting
  • Rain Gutters

Schools

  • Summit Elementary School
  • Woodland Park Middle School
  • Woodland Park High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Propane
  • Well
  • Water Softener
  • Septic Tank

Additional Features

  • Property is near public transit
  • Pasture
  • Horses Allowed On Property

Community Details

  • Association fees include road maintenance
  • Rainbow Valley Ranch Association, Phone Number (719) 687-5971
  • Rainbow Valley Ranch Subdivision

Listing and Financial Details

  • Exclusions: All Personal Property, furniture, furnishings, rugs, wall art, vehicles, tools, equipment, however, selected items may be purchased under separate Bill of Sale.
  • Assessor Parcel Number 87011010060

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,373

Year Built

Built in 2008 | Remodeled

Lot Details

0

HOA Fees

$54 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mountain Contemporary
  • Structure Type: House
  • Levels: Two
  • Year Built: 2008
  • Above Grade Finished Sq Ft: 4202
  • Current Use: Live/Work
  • Exclusions: All Personal Property, furniture, furnishings, rugs, wall art, vehicles, tools, equipment, however, selected items may be purchased under separate Bill of Sale.
  • Living Area: 5602
  • Property Condition: Updated/Remodeled
  • Directions: From Divide: South on Hwy 67 x 5.0 miles, Veer R on CR 31 (aka 4-Mile Rd) x 0.5 miles, R on Rocky Mtn Vw, From this point, at any intersection always turn left. Driveway entrance has post marked “199” with green metal gate (access code required).
  • SubdivisionName: Rainbow Valley Ranch
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 1
  • REC_BelowGradeUnfinishedArea: 114.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 3
  • REC_UpperLevelBedrooms: 3
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 1.00000
  • Special Features: None

Interior Features

  • Appliances: Convection Oven, Dishwasher, Disposal, Double Oven, Dryer, Refrigerator, Washer, Water Softener, Wine Cooler
  • Fireplaces: 4
  • Interior Amenities: Ceiling Fan(s), Entrance Foyer, Five Piece Bath, Granite Counters, High Ceilings, In-Law Floor Plan, Kitchen Island, Primary Suite, Open Floorplan, Pantry, Smart Thermostat, Smoke Free, Sound System, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: Basement, Family Room, Gas, Gas Log, Great Room, Living Room, Outside, Wood Burning, Wood Burning Stove
  • Full Bathrooms: 3
  • Basement: Exterior Entry, Finished, Partial, Walk-Out Access
  • Basement: Yes
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1400
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Other Equipment: Home Theater
  • Window Features: Window Coverings

Exterior Features

  • Foundation Details: Slab
  • Roof: Composition
  • Construction Materials: Frame, Stone, Stucco
  • View: Mountain(s), Valley
  • Exterior Features: Balcony, Dog Run, Fire Pit, Lighting, Rain Gutters
  • Patio and Porch Features: Covered, Deck, Patio
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Waterfront Features: Lake, Pond, Waterfront

Garage/Parking

  • Parking Features: Driveway-Gravel, Dry Walled, Exterior Access Door, Finished, Insulated Garage, Lighted
  • Attached Garage: Yes
  • Carport Spaces: 3
  • Garage Spaces: 2
  • Total Parking Spaces: 5
  • REC_ParkingCount: 2

Utilities

  • Utilities: Electricity Connected, Phone Connected, Propane
  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Forced Air, Passive Solar, Propane
  • Water Source: Well
  • Security: Radon Detector, Security System, Smart Security System

Condo/Co-op/Association

  • HOA Fee Includes: Road Maintenance
  • Association Name: Rainbow Valley Ranch
  • Association Fee Frequency: Annually
  • Association Fee: 650
  • Phone: 719-687-5971
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 650.00
  • REC_AssociationFeeTotalAnnual: 650.00
  • REC_AssociationManagementType: Self Managed
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: Woodland Park

Lot Info

  • Horses: Yes
  • Parcel Number: 87011010060
  • Lot Size Acres: 35.03
  • Fencing: Partial
  • Building Area Total: 5716
  • Horse Amenities: Pasture, Well Allows For
  • Lot Features: Cul-De-Sac, Landscaped, Many Trees, Meadow, Mountainous, Near Public Transit, Rock Outcropping, Sloped, Spring(s), Suitable For Grazing
  • Lot Size Sq Ft: 1525906.8
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3373

MLS Schools

  • Elementary School: Summit
  • High School: Woodland Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jul 24, 2021
Sold by
Overton Tim A and Sanchez Rosa L
Bought by
Chejlo Llc
Seller's Agent
Victoria Garrisi
True West Properties
Buyer's Agent
Cynthia Martellaro
You 1st Realty
List Price
$1,500,000
Sold Price
$1,500,000
Total Days on Market
60
Current Estimated Value
$1,767,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,196
Avg. Annual Appreciation
3.92%

Purchase Details

Closed on
Sep 7, 2012
Sold by
Overton Tim A and Sanchez Rosa L
Bought by
Overton Tim A and Sanchez Rosa L

Purchase Details

Closed on
Oct 31, 1997
Bought by
Overton Tim A Trustee

Range of Values:

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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
Chejlo Llc $1,500,000 Fidelity National Title
Overton Tim A -- None Available
Overton Tim A Trustee $139,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2021 07/29/21 Sold $1,500,000 0.0% $268 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $1,500,000 -- $268 / 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 $5,675 $80,600 $0 $0
2023 $5,675 $80,600 $19,780 $60,820
2022 $3,756 $57,310 $18,080 $39,230
2021 $3,848 $58,960 $18,600 $40,360
2020 $3,422 $53,090 $17,060 $36,030
2019 $3,373 $53,090 $0 $0
2018 $3,057 $46,680 $0 $0
2017 $3,063 $46,680 $0 $0
2016 $3,343 $51,060 $0 $0
2015 $3,716 $51,060 $0 $0
2014 $2,898 $39,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: REcolorado®

MLS Number: 5316845

REcolorado®

APN: R0009876