$1,100,000
SOLD JUL 15, 2024

22 Borealis Way Castle Rock, CO 80108

2 Beds
2.5 Baths
3,387 Sq Ft
1.29 Acres

Recently Sold

$325 Per Sq Ft

11 Days on Market

Highlights

  • Fitness Center
  • Primary Bedroom Suite
  • 1.29 Acre Lot
  • Buffalo Ridge Elementary School Rated A-
  • Gated Community
  • Clubhouse

About This Home

As of July 2024

Nestled in a highly sought after location, this architecturally significant residence offers an incredible opportunity for those with a vision to create their dream home. Set on a generous 1.29 acre lot filled with mature trees and ample space for outdoor living, this property is brimming with potential. Offering an interior canvas accented by angular roof lines, tongue and groove ceilings and natural stone, the possibilities are endless for transforming this hidden gem into a stunning masterpiece. Upon entering, you’ll find a spacious 1-level living layout that provides a blank canvas for your design aspirations. Bright and inviting, the great room, with its large windows and soaring ceilings, truly lets the outside in with a footprint that has limitless appeal. The kitchen area, waiting for a modern makeover, offers plenty of room for an open concept design featuring a central island, high-end appliances, and custom cabinetry. Each bedroom provides a unique opportunity to create personalized retreats, while the bathrooms can be updated to reflect luxurious spa-like sanctuaries. Additional living spaces can be molded and made to your ideal specifications. The sizable yard, which envelops and surrounds this opportunity-rich home, is the perfect palette for adding a patio, garden, and even a pool. The property's prime location, one minute from Gate 1 and a two minute drive to the renowned Castle Pines Golf Club, serves to enhance its value. This home is an exceptional find for those looking to invest in a property with significant potential. With a complete renovation, you can tailor every detail to your taste and lifestyle, creating a residence that perfectly suits your needs. 22 Borealis Way is singularly unique and offers its new owner the potential to stand above and move beyond other homes with equal parts prescience, precision, and passion.

Last Agent to Sell the Property

Stacie Chadwick

LIV Sotheby's International Realty Brokerage Email: schadwick@livsothebysrealty.com,303-829-4713 License #100081858 Listed on: 06/22/2024

LIV Sotheby's International Realty

Last Buyer's Agent

Kristen Winkler

Compass - Denver License #100043214

Compass - Denver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,836

Year Built

  • Built in 1982

Lot Details

  • 1.29 Acre Lot
  • Many Trees
  • Private Yard
  • Property is zoned PDU

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Storage or Cabinetry

Home Design

  • Fixer Upper
  • Concrete Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Gas Fireplace
  • Great Room with Fireplace
  • 2 Fireplaces
  • Unfinished Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Kitchen Island
  • Tile Countertops
  • Utility Sink

Flooring

  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Fireplace in Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Outdoor Features

  • Covered patio or porch

Schools

  • Buffalo Ridge Elementary School
  • Rocky Heights Middle School
  • Rock Canyon High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Exclusions: Sellers' personal property and any staging materials.
  • Assessor Parcel Number R0272524

Community Details

Overview

  • Association fees include reserves, recycling, road maintenance, security, snow removal, trash
  • The Village At Castle Pines Association, Phone Number (303) 814-1345
  • Castle Pines Village Subdivision
  • Seasonal Pond

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park
  • Trails

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,836

Year Built

Built in 1982

Lot Details

0

HOA Fees

$400 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: One
  • Year Built: 1982
  • Above Grade Finished Sq Ft: 3387
  • Exclusions: Sellers' personal property and any staging materials.
  • Living Area: 3387
  • Pets Allowed: Yes
  • Property Condition: Fixer
  • Directions: Happy Canyon Rd to Gate 1, left on Castle Pines Drive N, immediate right on Borealis Way.
  • SubdivisionName: Castle Pines Village
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_BelowGradeUnfinishedArea: 1151.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 1.00000
  • Attribution Contact: schadwick@livsothebysrealty.com,303-829-4713
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 2
  • Interior Amenities: Breakfast Nook, Built-in Features, Eat-in Kitchen, High Ceilings, Kitchen Island, Primary Suite, Tile Counters, Utility Sink, Walk-In Closet(s)
  • Flooring: Carpet, Concrete, Tile
  • Fireplace Features: Bedroom, Gas, Great Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Unfinished
  • Basement: Yes
  • Total Bedrooms: 2
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2

Exterior Features

  • Roof: Concrete
  • Construction Materials: Stucco
  • Exterior Features: Private Yard
  • Patio and Porch Features: Covered, Patio

Garage/Parking

  • Parking Features: Concrete, Oversized, Storage
  • Attached Garage: Yes
  • Garage Spaces: 3
  • Total Parking Spaces: 3
  • REC_ParkingCount: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Reserves, Recycling, Road Maintenance, Security, Snow Removal, Trash
  • Association Name: The Village at Castle Pines
  • Association Fee Frequency: Monthly
  • Association Amenities: Clubhouse, Fitness Center, Gated, Park, Playground, Pond Seasonal, Pool, Security, Spa/Hot Tub, Tennis Court(s), Trail(s)
  • Association Fee: 400
  • Phone: 303-814-1345
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 4800.00
  • REC_AssociationFeeTotalAnnual: 4800.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: https://thevillagecastlepines.com

Schools

  • Middle Or Junior School: Rocky Heights

Lot Info

  • Horses: No
  • Parcel Number: R0272524
  • Lot Size Acres: 1.29
  • Fencing: None
  • Building Area Total: 4538
  • Lot Features: Many Trees
  • Lot Size Sq Ft: 56192.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9836

MLS Schools

  • Elementary School: Buffalo Ridge
  • High School: Rock Canyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2024
Closed on
Jul 15, 2024
Sold by
Edward L Ehrichs Living Trust and Ehrichs John O
Bought by
22 Borealis Way Llc
Seller's Agent
Stacie Chadwick
LIV Sotheby's International Realty
Buyer's Agent
Kristen Winkler
Compass - Denver
List Price
$1,100,000
Sold Price
$1,100,000
Total Days on Market
11
Views
70
Current Estimated Value
$1,314,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,310
Avg. Annual Appreciation
22.42%

Purchase Details

Closed on
Nov 2, 2017
Sold by
Ehrichs Edward L
Bought by
The Edward L Ehrichs Living Trust

Purchase Details

Closed on
Jul 20, 1993
Sold by
Johnson Eugene D and Johnson Marilyn J
Bought by
Johnson Marilyn J

Purchase Details

Closed on
Jul 15, 1993
Sold by
Johnson Marilyn J
Bought by
Ehrichs Edward L

Purchase Details

Closed on
Apr 26, 1993
Sold by
Johnson Eugene D
Bought by
Johnson Marilyn J

Purchase Details

Closed on
Jul 7, 1981
Sold by
Unavailable
Bought by
Unavailable
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
Deed $1,100,000 Land Title
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- --
Warranty Deed $525,000 --
Quit Claim Deed -- --
Deed $118,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $32,125 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $1,100,000 0.0% $325 / Sq Ft
06/22/2024 06/22/24 For Sale $1,100,000 -- $325 / 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 $9,759 $93,800 $48,500 $45,300
2023 $9,836 $93,800 $48,500 $45,300
2022 $7,138 $69,500 $28,850 $40,650
2021 $7,408 $69,500 $28,850 $40,650
2020 $7,433 $71,500 $29,060 $42,440
2019 $7,455 $81,880 $29,060 $52,820
2018 $7,178 $68,400 $25,510 $42,890
2017 $6,798 $98,740 $25,510 $73,230
2016 $6,281 $63,680 $25,510 $38,170
2015 $3,195 $80,970 $25,510 $55,460
2014 $5,364 $52,430 $31,440 $20,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 9068385

REcolorado®

APN: 2351-164-02-001