Seller's Agent in 2024
Trish Flake
Main Street Brokers
(719) 459-8305
41 in this area
78 Total Sales
205 S Valley Rd Palmer Lake, CO 80133
Estimated Value: $508,000 - $542,000
2
Beds
1
Bath
1,078
Sq Ft
$489/Sq Ft
Est. Value
Highlights
- Mountain View
- Deck
- High Ceiling
- Lewis-Palmer Middle School Rated A
- Wood Flooring
- Butcher Block Countertops
About This Home
As of June 2024Soulful mountain cottage in the heart of Palmer Lake with excellent short-term rental history! True main-level living with million dollar views overlooking “the Glen” and Mt. Chautauqua! With historic charm, rustic accents & thoughtful improvements, this 1909 retreat is the epitome of simple living! Excellent short-term rental business is already set up! This home has received abundant five-star reviews and is noted as a town favorite! Guests will enter into the cheerful reception/dining space with knotty pine walls, built-in custom seating & an antique decorative stove! Updated kitchen is the center of the house and includes butcher block countertops & all appliances! The spacious living room is the perfect gathering space for movies and games! The living room has a cozy all-season fireplace, pretty hardwood floors, a beamed ceiling and views to get lost in! Sunny bedrooms! The updated bathroom with a custom tile shower! Step outside onto the super-sized deck where you and your friends will enjoy summertime cookouts & s’mores around the fire pit! Nice-sized yard with a fenced garden area, chicken coop and room for your pets to play, too! Separate laundry room also offers storage! Need more space? Add on! Garage is oversized with freshly poured concrete and a large bonus area for a workshop and your bikes & paddle boards! This is the ultimate location in town, just footsteps to the trailhead and also, all that is Palmer Lake! The library, Village Green, the best dining & shops, the Market & the Lake are all just a block or two away! Outdoor enthusiasts enjoy disc-golf, pickle ball, tennis, fishing, ice skating and hiking & biking on miles and miles of trails in nearby National Forest! Community abounds w/all-inclusive year-round events that inspire tradition and connect us to our neighbors! Fresh mountain air, small town vibes & amazing people who cheer each other on & help in times of need! Palmer Lake is where love lives…& you should live here too!
Last Agent to Sell the Property
Main Street Brokers Brokerage Phone: 719-481-4810 License #40031240 Listed on: 05/04/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,771
Year Built
- Built in 1909
Lot Details
- 0.44 Acre Lot
- Private Yard
- Property is zoned R-3
Parking
- 1 Car Attached Garage
- Oversized Parking
- Exterior Access Door
Property Views
- Mountain
- Valley
Home Design
- Cottage
- Composition Roof
- Stucco
Interior Spaces
- 1,078 Sq Ft Home
- 1-Story Property
- Furnished or left unfurnished upon request
- Built-In Features
- High Ceiling
- Ceiling Fan
- Electric Fireplace
- Living Room with Fireplace
- Crawl Space
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Butcher Block Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
Schools
- Palmer Lake Elementary School
- Lewis-Palmer Middle School
- Palmer Ridge High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Connected
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Palmer Lake Subdivision
Listing and Financial Details
- Assessor Parcel Number 7105316029
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 4, 2024
Closed on
Jun 18, 2024
Sold by
Woodward Rentals Llc
Bought by
Berry William M
Seller's Agent
Trish Flake
Main Street Brokers
Buyer's Agent
Jennifer Knisley
Keller Williams Clients Choice Realty
List Price
$550,000
Sold Price
$535,000
Premium/Discount to List
-$15,000
-2.73%
Views
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,335
Avg. Annual Appreciation
0.34%
Original Mortgage
$335,000
Outstanding Balance
$329,871
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$207,277
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Berry William M | $535,000 | Stewart Title | |
| Woodward Rentals Llc | -- | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Berry William M | $335,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/18/2024 06/18/24 | Sold | $535,000 | -2.7% | $496 / Sq Ft |
| 05/04/2024 05/04/24 | For Sale | $550,000 | -- | $510 / Sq Ft |
Source: REcolorado®
Tax History Compared to Growth
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 | $1,875 | $36,660 | -- | -- |
| 2024 | $1,771 | $31,300 | $8,540 | $22,760 |
| 2022 | $1,373 | $19,600 | $6,320 | $13,280 |
| 2021 | $1,430 | $20,170 | $6,510 | $13,660 |
Source: Public Records
Agents Affiliated with this Home
-
Trish Flake
-
Jennifer Knisley
Buyer's Agent in 2024
Jennifer Knisley
Keller Williams Clients Choice Realty
(719) 440-4340
4 in this area
34 Total Sales
Map
Source: REcolorado®
MLS Number: 7557261
APN: 71053-16-029
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