Seller's Agent in 2022
Bob Hier
Compass - Denver
(303) 688-3105
37 Total Sales
25883 Cave Spring Trail Elbert, CO 80106
Estimated Value: $1,385,183 - $1,545,000
4
Beds
4.5
Baths
3,293
Sq Ft
$438/Sq Ft
Est. Value
Highlights
- Horses Allowed On Property
- Gated Community
- Mountain View
- Primary Bedroom Suite
- 35.01 Acre Lot
- Deck
About This Home
As of March 2022A beautiful farmhouse located within a gated community on 35 acres, featuring an amazing view of the Colorado Front Range & Pikes Peak! A main floor master suite with wood & tile floor, walk-in closets, and an updated bathroom. The upper level bedrooms all have En-suite bathrooms for privacy. Formal living & dining rooms, great room, office, & a full basement (already fully framed out for, a bedroom, and a bath/pre-plumbed, family room/theater/rec room as well as a kitchenette, electrical framing and heating is completed, and permits have been pulled. Not all final inspections have been completed). This Property is fenced on 3 sides, & cross-fenced into pastures with four-strand vinyl-coated hot wire. There are approximately 8 acres of fenced pasture connected to this lower pasture. The pastures have shelters, hydrants, and power outlets for trough heaters. A 36' x 34' custom barn with three stalls (may be converted to 5), stall heaters, tack room, and storage. There is a 60' x 120' fenced outdoor arena, and access to the private Bridle Trail taking you through the entire Equestrian Community. New irrigation with 7 zones was just added to all the new landscaping with over 20 trees, including Blue Spruce, Douglas Fir, Cherry, Aspen, Cottonwoods and Maples along with grasses, knockout roses and much more! A new fence was installed with 2 gates leading into the backyard where you will enjoy a new fire pit, hot tub, and pergola for sitting out and enjoying the beautiful sunsets! If you have children, they will enjoy the custom playhouse and the trampoline. Simply a wonderful horse property just minutes to Denver and Colorado Springs. Enjoy the acreage for motocross bikes, quads, etc.! This Property sits on the border of Douglas County, giving you the proximity of Douglas County, but the savings of Elbert County Property Tax Rates! The School of Choice option allows attending the Cherry Valley K-6, which is only minutes away from the property.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,569
Year Built
- Built in 2008
Lot Details
- 35.01 Acre Lot
- Cul-De-Sac
- East Facing Home
- Partially Fenced Property
- Suitable For Grazing
- Level Lot
- Grass Covered Lot
HOA Fees
- $100 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Insulated Garage
- Dry Walled Garage
- Exterior Access Door
Home Design
- Traditional Architecture
- Frame Construction
- Composition Roof
- Wood Siding
- Cement Siding
- Radon Mitigation System
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Built-In Features
- High Ceiling
- Ceiling Fan
- Window Treatments
- Entrance Foyer
- Great Room with Fireplace
- Living Room
- Dining Room
- Home Office
- Mountain Views
- Laundry Room
Kitchen
- Eat-In Kitchen
- Double Convection Oven
- Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- Primary Bedroom Suite
Unfinished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Basement Cellar
- Stubbed For A Bathroom
Home Security
- Home Security System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Deck
- Patio
- Front Porch
Schools
- Running Creek Elementary School
- Elizabeth Middle School
- Elizabeth High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Propane
- 220 Volts
- Propane
- Well
- Gas Water Heater
- Septic Tank
- High Speed Internet
Additional Features
- Livestock Fence
- Horses Allowed On Property
Listing and Financial Details
- Exclusions: Washer, dryer
- Assessor Parcel Number R118390
Community Details
Overview
- Association fees include road maintenance
- Palmer Divide Ranches Association, Phone Number (865) 315-7505
- Palmer Divide Ranches Subdivision
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 11, 2021
Closed on
Mar 17, 2022
Sold by
Donaldson Paul S
Bought by
Anderson Kevin and Anderson Jennifer
Seller's Agent
Bob Hier
Compass - Denver
Buyer's Agent
Alexandra Cullen
Engel & Voelkers Pikes Peak
List Price
$1,675,000
Sold Price
$1,425,000
Premium/Discount to List
-$250,000
-14.93%
Total Days on Market
101
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
$18,728
Avg. Annual Appreciation
0.42%
Original Mortgage
$1,282,500
Outstanding Balance
$1,211,739
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$231,989
Purchase Details
Closed on
Apr 30, 2018
Sold by
Hulse Scott Alan and Grugle Nancy Lynn
Bought by
Janssen Brenda J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,681
Interest Rate
4.45%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 28, 2018
Sold by
Grugle Nancy L and Hules Scott A
Bought by
Donaldson Paul S and Donaldson Jennifer L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,681
Interest Rate
4.45%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 7, 2011
Sold by
Colorado Community Bank
Bought by
Grugle Nancy L and Hulse Scott A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,250
Interest Rate
4.36%
Mortgage Type
VA
Purchase Details
Closed on
Dec 1, 2010
Sold by
Walden Charles
Bought by
Colorado Community Bank
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,250
Interest Rate
4.36%
Mortgage Type
VA
Purchase Details
Closed on
Dec 24, 2008
Sold by
Lancashier Enterprises Llc
Bought by
Walden Charles
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.08%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Apr 10, 2007
Sold by
Walden Charles
Bought by
Lancashire Enterprises Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,979
Interest Rate
6.19%
Mortgage Type
Construction
Purchase Details
Closed on
Apr 9, 2007
Sold by
Lancashire Enterprises Llc
Bought by
Walden Charles
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,979
Interest Rate
6.19%
Mortgage Type
Construction
Purchase Details
Closed on
Sep 27, 2006
Sold by
Palmer Divide Ranches On East Cherry Cre
Bought by
Lancashire Enterprises Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
9.25%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Anderson Kevin | $1,425,000 | Land Title | |
| Janssen Brenda J | $265,000 | Land Title Guarantee Co | |
| Donaldson Paul S | -- | None Available | |
| Donaldson Paul S | $775,000 | Land Title Guarantee Co | |
| Grugle Nancy L | $500,000 | Heritage Title | |
| Colorado Community Bank | -- | None Available | |
| Walden Charles | -- | Land Title Guarantee Company | |
| Lancashire Enterprises Llc | -- | Land Title | |
| Walden Charles | -- | Land Title | |
| Lancashire Enterprises Llc | $196,000 | Security Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Anderson Kevin | $1,282,500 | |
| Previous Owner | Donaldson Paul S | $345,000 | |
| Previous Owner | Donaldson Paul S | $543,250 | |
| Previous Owner | Janssen Brenda J | $201,681 | |
| Previous Owner | Donaldson Paul S | $244,250 | |
| Previous Owner | Donaldson Paul S | $453,100 | |
| Previous Owner | Grugle Nancy L | $646,087 | |
| Previous Owner | Grugle Nancy L | $25,000 | |
| Previous Owner | Grugle Nancy L | $533,750 | |
| Previous Owner | Grugle Nancy L | $25,000 | |
| Previous Owner | Grugle Nancy L | $464,652 | |
| Previous Owner | Grugle Nancy L | $479,250 | |
| Previous Owner | Walden Charles | $60,000 | |
| Previous Owner | Walden Charles | $685,979 | |
| Previous Owner | Lancashire Enterprises Llc | $98,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/17/2022 03/17/22 | Sold | $1,425,000 | -5.0% | $433 / Sq Ft |
| 02/20/2022 02/20/22 | Pending | -- | -- | -- |
| 02/14/2022 02/14/22 | Price Changed | $1,500,000 | -6.2% | $456 / Sq Ft |
| 02/03/2022 02/03/22 | Price Changed | $1,599,000 | -4.5% | $486 / Sq Ft |
| 11/11/2021 11/11/21 | For Sale | $1,675,000 | -- | $509 / 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 |
|---|---|---|---|---|
| 2023 | $4,173 | $65,280 | $15,860 | $49,420 |
| 2022 | $3,468 | $49,850 | $12,160 | $37,690 |
| 2021 | $3,423 | $51,280 | $12,510 | $38,770 |
| 2020 | $3,569 | $53,530 | $10,510 | $43,020 |
| 2019 | $3,561 | $53,530 | $10,510 | $43,020 |
| 2018 | $2,791 | $40,520 | $10,260 | $30,260 |
| 2017 | $2,798 | $40,520 | $10,260 | $30,260 |
| 2016 | $3,156 | $45,230 | $11,340 | $33,890 |
| 2015 | $2,804 | $45,230 | $11,340 | $33,890 |
| 2014 | $2,804 | $41,780 | $11,140 | $30,640 |
Source: Public Records
Agents Affiliated with this Home
-
Bob Hier
-
Linda Clure
Seller Co-Listing Agent in 2022
Linda Clure
LIV Sotheby's International Realty
(720) 849-6678
95 Total Sales
-
Alexandra Cullen
Buyer's Agent in 2022
Alexandra Cullen
Engel & Voelkers Pikes Peak
(402) 670-3725
7 Total Sales
Map
Similar Home in Elbert, CO
Source: REcolorado®
MLS Number: 7563127
APN: R118390
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