NOT LISTED FOR SALE

240 Cedar Dr Gypsum, CO 81637

Estimated Value: $918,342 - $1,008,000

4 Beds
3 Baths
1,976 Sq Ft
$491/Sq Ft Est. Value

Last Sold January 06, 2022

Last sale price $710,000 $359 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,237/month

About This Home

An excellent opportunity to acquire a property on small acreage offering privacy. The Lot is nearly 2 acres and is located in the well established Red Hill neighborhood. The home of consists of 4 bedrooms, 2.5 baths, an office, a spacious kitchen, 2 living areas and a master suite with a very large walk in closet. There's plenty of scope to add your own touches and upgrades. The 988 sq. ft unfinished basement offers room to grow and the attached heated 3 car garage offers plenty of room for a workshop and parking your toys. No HOA. There are also 2 decks to view the rustic surroundings and mountain views.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Jan 6, 2022
Sold by
Nestor Linda B
Bought by
Spalding Elaine K and Spalding Michael S
Seller's Agent
Laurie Slaughter
Berkshire Hathaway - Gypsum
Buyer's Agent
Laurie Slaughter
Berkshire Hathaway - Gypsum
List Price
$710,000
Sold Price
$710,000
Current Estimated Value
$969,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,836
Avg. Annual Appreciation
7.75%
Original Mortgage
$510,000
Outstanding Balance
$464,286
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$505,550

Purchase Details

Closed on
Jan 5, 2021
Sold by
Nestor Linda B
Bought by
Spalding Elaine K and Spalding Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
3.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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ICE

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Spalding Elaine K $710,000 New Title Company Name
Spalding Elaine K $710,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spalding Elaine K $510,000
Previous Owner Spalding Elaine K $510,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/06/2022 01/06/22 Sold $710,000 0.0% $359 / Sq Ft View Prior Sale
11/22/2021 11/22/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $710,000 -- $359 / Sq Ft

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 $2,955 $51,120 $14,370 $36,750
2023 $2,955 $51,120 $14,370 $36,750
2022 $2,499 $39,620 $7,580 $32,040
2021 $2,567 $40,750 $7,790 $32,960
2020 $2,457 $39,400 $6,440 $32,960
2019 $2,455 $39,400 $6,440 $32,960
2018 $2,335 $36,980 $5,400 $31,580
2017 $2,326 $36,980 $5,400 $31,580
2016 $2,087 $33,020 $4,380 $28,640
Source: Public Records

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