NOT LISTED FOR SALE

25431 Cave Spring Trail Elbert, CO 80106

Estimated Value: $623,000 - $779,466

35 Acres
$20,030 Price per Acre
1,525,036 Sq Ft Lot

Last Sold February 09, 2021

Last sale price $325,000

Est. 116% increase in value since last sale

Current estimated payment $4,107/month

78 Days on Market

About This Lot

As of February 2021

This home is located at 25431 Cave Spring Trail, Elbert, CO 80106 since 27 October 2020 and is currently estimated at $701,233. This property was built in 2022. 25431 Cave Spring Trail is a home located in Elbert County with nearby schools including Elbert Elementary School and Elbert Junior/Senior High School.

Last Listed By

Kellie Foral

Colorado Home and Ranch License #40021078 Listed on: 10/27/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,387

Year Built

  • 2022

Lot Details

  • 35.01 Acre Lot

HOA Fees

  • $104 Monthly HOA Fees

Community Details

  • Warren Management Association, Phone Number (719) 534-0266
  • Palmer Divide Ranches Subdivision

Listing and Financial Details

  • Assessor Parcel Number R118389

Property Details

Property Type

Land

Est. Annual Taxes

$1,387

Year Built

2022

Lot Details

0

HOA Fees

$104 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Exclusions: none
  • SubdivisionName: Palmer Divide Ranches
  • Ownership: Individual
  • REC_RVSpaces: 0
  • REC_WaterIncludedYN: 0
  • Ratio Close Price By Original Li: 0.92884
  • Special Features: None
  • Year Built (Public Record): 2022

Garage/Parking

  • Attached Garage: No

Condo/Co-op/Association

  • Association Name: Warren Management
  • Association Fee Frequency: Annually
  • Association Fee: 1250
  • Phone: 719-534-0266
  • Association: Yes

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 1250.00
  • REC_AssociationFeeTotalAnnual: 1250.00
  • REC_AssociationManagementType: Self Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: www.warrenmanagement.com

Lot Info

  • Parcel Number: R118389
  • Lot Size Acres: 35.01
  • Lot Size Sq Ft: 1525036
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2022
Sold by
Chambers Jeffrey S
Bought by
Heironimus Andrew T and Heironimus Chelsey A
Total Days on Market
78
Current Estimated Value
$701,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$789,800
Outstanding Balance
$772,366
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$13,191

Purchase Details

Closed on
Jan 27, 2022
Sold by
Chambers Jeffrey S
Bought by
Chambers Jeffrey S and Chambers Rachel A

Purchase Details

Listed on
Oct 27, 2020
Closed on
Feb 9, 2021
Sold by
Saini Manjinder and Saini Rupinder
Bought by
Chambers Jeffrey S and Chambers Rachel A
Seller's Agent
Kellie Foral
Colorado Home and Ranch
Buyer's Agent
William Owen
Equity Colorado Real Estate
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.14%
Original Mortgage
$125,000
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 10, 2019
Sold by
Janssen Brenda J
Bought by
Saini Manjinder and Saini Rupinder

Purchase Details

Closed on
Aug 15, 2018
Sold by
Hulse Scott A and Grugle Nancy L
Bought by
Saini Manjinder and Saini Rupinder

Purchase Details

Closed on
Dec 22, 2014
Sold by
Cerato Guy Anthony and Cerato Marcelline Adele
Bought by
Grugle Nancy L and Hulse Scot A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2006
Sold by
Palmer Divide Ranches On East Cherry Cre
Bought by
Cerato Guy Anthony and Cerato Marcelline Adele

Range of Values:

Collateral Analytics

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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
Chambers Jeffrey S -- None Listed On Document
Chambers Jeffrey S $325,000 Colorado Escrow Title
Saini Manjinder -- Land Title Guarantee Co
Saini Manjinder -- None Available
Saini Manjinder $175,000 Land Title Guarantee Co
Grugle Nancy L $95,000 Land Title Guarantee Company
Cerato Guy Anthony $175,000 Security Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heironimus Andrew T $789,800
Previous Owner Chambers Jeffrey S $125,000
Previous Owner Grugle Nancy L $85,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2021 02/09/21 Sold $325,000 -7.1% --
01/13/2021 01/13/21 Pending -- -- --
10/27/2020 10/27/20 For Sale $349,900 -- --
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
2023 $1,387 $21,700 $330 $21,370
2022 $90 $1,300 $320 $980
2021 $95 $1,430 $360 $1,070
2020 $70 $1,050 $340 $710
2019 $70 $1,050 $340 $710
2018 $71 $1,030 $330 $700
2017 $71 $1,030 $330 $700
2016 $68 $980 $310 $670
2015 $19 $310 $310 $0
2014 $19 $280 $280 $0
Source: Public Records

Agents Affiliated with this Home

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Source: REcolorado®

MLS Number: 8309072

REcolorado®

APN: R118389