$535,000
SOLD JAN 15, 2025

201 Shady Ln Palmer Lake, CO 80133

3 Beds
2 Baths
1,681 Sq Ft
0.31 Acres

Recently Sold

$318 Per Sq Ft

5% Below List Price

89 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Attached Garage
  • Forced Air Heating System
  • Lewis-Palmer Middle School Rated A
  • Landscaped with Trees
  • Ceiling Fan

About This Home

As of January 2025

Step into a piece of Palmer Lake history with this charming log home, originally built in 1919 and thoughtfully updated in 1938. Offering 3 bedrooms, 2 baths, and over 1,600 sq ft, the versatile layout includes multiple flex spaces ideal for extra bedrooms, offices, or creative areas.

The home features custom woodworking, unique rock details, and visible log structures throughout. The kitchen blends function and charm, with an antique coal/gas stove alongside a newer range. The spacious sleeping porch, with its many windows, fills the space with natural light, creating a bright and airy retreat. Outdoors, enjoy the privacy of a treed lot with an extended stone back patio with plenty of room for gardening...gardeners paradise. This home beautifully reflects Palmer Lake’s rich history and natural beauty. Don't forget to take a look at the video to get a real feel for the layout!

Last Agent to Sell the Property

Stephanie Lee

Lee and Associates Real Estate, Inc. Brokerage Phone: (719) 963-6032 Listed on: 10/17/2024

Co-Listed By

Andrew Lee

Lee and Associates Real Estate, Inc. Brokerage Phone: (719) 963-6032

Last Buyer's Agent

Gary Parkhurst

Parkhurst Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,201

Year Built

  • Built in 1938

Lot Details

  • 0.31 Acre Lot
  • Hillside Location
  • Landscaped with Trees

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 1,681 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Oven
  • Plumbed For Gas In Kitchen
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Partial Basement
  • Laundry in Basement

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,201

Year Built

Built in 1938

Lot Details

0

Parking

1

Listing Details

  • Total Bathrooms: 2
  • LaundryFacilites: Basement
  • Property Attached Yn: No
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Sq Ft MainFloor: 1131
  • Fill Sq Ft Total: 1681
  • Year Built: 1938
  • Attribution Contact: (719) 963-6032
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Gas in Kitchen, Oven, Refrigerator
  • Basement Percentage Finished: 95
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Type: Wood Burning Stove
  • Floor Plan: Ranch
  • MainFloorBedroomYN: Yes
  • Finished Sq Ft: 1653
  • Sq Ft Total Bsmt: 550

Exterior Features

  • New Construction: Existing Home
  • Foundation Details: Partial Basement
  • Lot Type: Hillside, Trees/Woods
  • Roof: Composite Shingle
  • Exterior Construction: Other
  • Structure: Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Type: Attached

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard, Forced Air
  • Utilities: Electricity Connected, Natural Gas Connected
  • Hot Water: Municipal

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable

Schools

  • School District: Lewis-Palmer-38
  • School District: Lewis-Palmer-38

Lot Info

  • Program Acres Total: 0.3065
  • Lot Size: 13350.0000

Tax Info

  • Flip Tax Amount: 1200.90
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2024
Closed on
Jan 15, 2025
Sold by
Duke Rebecca F
Bought by
Clifton Heather
Seller's Agent
Stephanie Lee
Lee and Associates Real Estate, Inc.
Buyer's Agent
Gary Parkhurst
Parkhurst Realty
List Price
$565,000
Sold Price
$535,000
Premium/Discount to List
-$30,000
-5.31%
Views
94
Current Estimated Value
$532,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,194
Avg. Annual Appreciation
-0.96%
Original Mortgage
$172,000
Outstanding Balance
$171,088
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$360,710

Purchase Details

Closed on
Oct 27, 2008
Sold by
Medearis Dale W and Medearis Naomi D
Bought by
Duke Rebecca F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,920
Interest Rate
6.18%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 1, 1973
Bought by
Duke Rebecca F
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $535,000 Land Title Guarantee Company
Warranty Deed $149,900 Peoples National Title Llc
Warranty Deed -- Peoples National Title Llc
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $172,000 New Conventional
Previous Owner $150,000 New Conventional
Previous Owner $119,920 Unknown
Previous Owner $75,000 Credit Line Revolving
Previous Owner $25,000 Credit Line Revolving
Previous Owner $30,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2025 01/15/25 Sold $535,000 -3.6% $318 / Sq Ft
12/10/2024 12/10/24 Off Market $555,000 -- --
11/13/2024 11/13/24 Price Changed $555,000 -1.8% $330 / Sq Ft
10/17/2024 10/17/24 For Sale $565,000 -- $336 / Sq Ft
Source: Pikes Peak REALTOR® Services

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
2025 $1,304 $23,910 -- --
2024 $1,201 $23,030 $6,200 $16,830
2022 $1,122 $16,020 $4,590 $11,430
2021 $1,169 $16,490 $4,730 $11,760
2020 $996 $13,500 $4,220 $9,280
2019 $991 $13,500 $4,220 $9,280
2018 $856 $11,060 $4,250 $6,810
2017 $858 $11,060 $4,250 $6,810
2016 $871 $10,950 $4,700 $6,250
2015 $761 $10,950 $4,700 $6,250
2014 $776 $9,960 $4,700 $5,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pikes Peak REALTOR® Services

MLS Number: 6506825

Pikes Peak REALTOR® Services

APN: 71081-09-002