NOT LISTED FOR SALE

253 Nels Dr Cotopaxi, CO 81223

Estimated Value: $42,000 - $476,000

5.51 Acres
$55,898 Price per Acre
240,016 Sq Ft Lot

Last Sold April 28, 2023

Last sale price $43,000

Est. 616% increase in value since last sale

Current estimated payment $1,728/month

79 Days on Market

About This Lot

As of April 2023

Your own private retreat can be had on this peacefully treed 5.51 acre parcel. Situated perfectly for those who are looking for privacy off-the-grid. Beautiful Ponderosa Pine, Pinon, scub oak and cedar trees to allow privacy and the ability to tuck your dream home or campsite up into the trees. There is no well or septic system in place currently but both are available. Very close to over 15,000 acres of BLM land- A hunter's paradise for all of your mountain recreating just at the end of Indian Wells Rd. This exceptional parcel is almost at the the end of the GVPOA community and not a dues paying member. Buyers do have to abide by protective covenants regardless of paying or non-paying member. Opportunities for walking, hiking, atv drive into seemingly endless gov't land. Front boundaries are flagged.

Last Agent to Sell the Property

Lisa Ford

EXIT Elevation Realty Brokerage Phone: (719) 371-8896 License #FA100077971 Listed on: 01/06/2023

Last Buyer's Agent

Lisa Ford

EXIT Elevation Realty Brokerage Phone: (719) 371-8896 License #FA100077971 Listed on: 01/06/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $225

Lot Details

  • 5.51 Acre Lot
  • Zoning described as Rural residential

HOA Fees

  • $10 Monthly HOA Fees

Utilities

  • Propane
  • Septic Permit Required

Community Details

  • Association fees include road maintenance
  • Glen Vista Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$225

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Directions To Property: Take Copper Gulch to Indian Wells Rd, go north for approx. 4 miles. Turn left on Nels Drive. Look for sign on the corner of Nels as well as on the property on the right.
  • Property Sub-Type: AB-Any Builder, HOA-Yes, SFB Allowed, MFG Allowed, MH Allowed, CC&R's-Yes
  • PropertyType: Vacant Land
  • Property Type: AO_VL
  • Master Plan Zoning: Rural residential
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Listing Area: Fremont County

Exterior Features

  • Exterior Features: Access- All Year, RV/Boat Parking, Trees, View of Mountains

Utilities

  • Utilities: Legal Access: Yes, Septic: Needs Tank, Septic: Needs Permit, Propane: Available, Water: Needs Well (Not Drilled)

Condo/Co-op/Association

  • HOA Fees: 9.50
  • H O A Fees Term: month
  • H O A Includes: Road Maintenance

Schools

  • Elementary School: Cotopaxi
  • Middle School: Cotopaxi
  • High School: Cotopaxi
  • Elementary School: Cotopaxi
  • High School: Cotopaxi

Lot Info

  • Lot Dimensions: Irregular
  • Lot Size: 5.51

Tax Info

  • Estimated Annual Taxes: 225

MLS Schools

  • Middle School: Cotopaxi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Apr 28, 2023
Sold by
Tomar Holdings Llc
Bought by
Martinez Raymond J and Sangrait Janice M
Seller's Agent
Lisa Ford
EXIT Elevation Realty
Buyer's Agent
Lisa Ford
EXIT Elevation Realty
List Price
$45,500
Sold Price
$43,000
Premium/Discount to List
-$2,500
-5.49%
Views
4
Current Estimated Value
$308,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,000
Avg. Annual Appreciation
118.02%

Purchase Details

Closed on
Dec 27, 2022
Sold by
Jones Jean M
Bought by
Tomar Holdings Llc

Purchase Details

Closed on
Feb 24, 1995
Sold by
Reed
Bought by
Jones

Purchase Details

Closed on
Apr 15, 1974
Sold by
Glen Terra Inc
Bought by
Reed
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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
Martinez Raymond J $43,000 None Listed On Document
Tomar Holdings Llc $18,000 --
Jones $6,500 --
Reed $8,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Raymond J $440,100
Closed Martinez Raymond J $440,100
Closed Martinez Raymond J $425,000
Closed Martinez Raymond J $312,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $43,000 -5.5% --
03/26/2023 03/26/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $45,500 -- --
Source: Westcliffe Listing Service

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 $922 $23,155 $0 $0
2023 $922 $5,688 $5,688 $0
2022 $225 $4,794 $4,794 $0
2021 $220 $4,794 $4,794 $0
2020 $216 $4,794 $4,794 $0
2019 $216 $4,794 $4,794 $0
2018 $180 $3,995 $0 $0
2017 $180 $3,995 $0 $0
2016 $159 $3,520 $0 $0
2015 $158 $3,520 $0 $0
2012 $199 $4,794 $4,794 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Westcliffe Listing Service

MLS Number: 2515885

APN: 000077079289