NOT LISTED FOR SALE

261 Pinecrest Way Palmer Lake, CO 80133

Estimated Value: $742,000 - $1,031,000

5 Beds
3 Baths
3,775 Sq Ft
$236/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $760,000 $201 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,244/month

3 Days on Market

Highlights

  • 0.85 Acre Lot
  • Mountain View
  • Mountain Contemporary Architecture
  • Lewis-Palmer Middle School Rated A
  • Wood Flooring
  • 1 Fireplace

About This Home

As of May 2021

You will have plenty of room to spread out in this fabulous 5 bedroom 3 bathroom mountain home. On a large lot (.8 acre) of land which backs up to a large Ranch you'll have the privacy you've always dreamed of! The kitchen and living room were recently updated, and a large 3-car garage with a single and double door will give you plenty of space for all of your toys. Soak in the mountain views from your private soaker tub in the 5 piece master bath/bedroom which is located on the main level. With an extra 2142 sqft basement downstairs, it could easily be converted to a mother-in-law suite!

Last Agent to Sell the Property

Patrick Gates

Real Broker, LLC DBA Real License #100075388 Listed on: 03/16/2021

Real Broker, LLC DBA Real

Co-Listed By

David Umphress

Real Broker, LLC DBA Real

Last Buyer's Agent

Richard Sly

Keller Williams DTC License #842945

Keller Williams DTC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,985

Year Built

  • Built in 2000

Lot Details

  • 0.85 Acre Lot
  • Dirt Road
  • Cul-De-Sac
  • Partially Fenced Property
  • Many Trees
  • Property is zoned PUD

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Dirt Driveway

Property Views

  • Mountain
  • Meadow
  • Valley

Home Design

  • Mountain Contemporary Architecture
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Wood Flooring

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • 2 Bedrooms in Basement
  • Natural lighting in basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony

Schools

  • Palmer Lake Elementary School
  • Lewis-Palmer Middle School
  • Palmer Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Natural Gas Connected

Community Details

  • Pinecrest At Palmer Lake Association
  • Pine Crest/Palmer Lake Filing 2 Subdivision

Listing and Financial Details

  • Exclusions: Seller's Personal Property is negotiable
  • Assessor Parcel Number 71082-01-036

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,985

Year Built

Built in 2000

Lot Details

0

HOA Fees

$40 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mountain Contemporary
  • Structure Type: House
  • Levels: One
  • Year Built: 2000
  • Above Grade Finished Sq Ft: 2320
  • Exclusions: Seller's Personal Property is negotiable
  • Living Area: 3775
  • Directions: 261 Pinecrest Way, Palmer Lake Colorado
  • SubdivisionName: Pine Crest/Palmer Lake Filing 2
  • Co List Office Mls Id: RECKWR33
  • Co List Office Phone: (303) 985-1901
  • Ownership: Individual
  • Property Attached Yn: No
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 2
  • REC_BelowGradeUnfinishedArea: 687.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 1.01347
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Oven, Refrigerator
  • Fireplaces: 1
  • Interior Amenities: Ceiling Fan(s)
  • Flooring: Wood
  • Full Bathrooms: 3
  • Basement: Daylight, Finished, Unfinished, Walk-Out Access
  • Basement: Yes
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1455
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame, Stucco
  • View: Meadow, Mountain(s), Valley
  • Exterior Features: Balcony
  • Road Surface Type: Dirt

Garage/Parking

  • Parking Features: Driveway-Dirt
  • Attached Garage: Yes
  • Garage Spaces: 3
  • Total Parking Spaces: 3
  • REC_ParkingCount: 1

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Sewer: Community Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Electric: 220 Volts
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Condo/Co-op/Association

  • Association Name: Pinecrest at Palmer Lake
  • Association Fee Frequency: Annually
  • Association Fee: 480
  • Phone: 00000000
  • Association: Yes

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 480.00
  • REC_AssociationFeeTotalAnnual: 480.00
  • REC_AssociationManagementType: Self Managed
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: Lewis-Palmer

Lot Info

  • Parcel Number: 71082-01-036
  • Lot Size Acres: 0.85
  • Fencing: Partial
  • Building Area Total: 4462
  • Lot Features: Cul-De-Sac, Many Trees
  • Lot Size Sq Ft: 37026
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2985

MLS Schools

  • Elementary School: Palmer Lake
  • High School: Palmer Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
May 14, 2021
Sold by
Manka Rebekah Joy
Bought by
Jones David R and Jones Holly A
Seller's Agent
Patrick Gates
Real Broker, LLC DBA Real
Buyer's Agent
Richard Sly
Keller Williams DTC
List Price
$749,900
Sold Price
$760,000
Premium/Discount to List
$10,100
1.35%
Total Days on Market
3
Current Estimated Value
$892,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,227
Avg. Annual Appreciation
4.26%
Original Mortgage
$548,250
Outstanding Balance
$502,099
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$401,190

Purchase Details

Closed on
Oct 10, 2018
Sold by
Manka Scott Allen and Manka Rebekah Joy
Bought by
Manka Rebekah Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,100
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2016
Sold by
Whatcott Brian K and Whatcott Dianne M
Bought by
Manka Scott Allen and Manka Rebekah Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$491,767
Interest Rate
3.98%
Mortgage Type
VA

Purchase Details

Closed on
Aug 24, 1998
Sold by
Pine Crest At Palmer Lake Inc
Bought by
Whatcott Brian K and Whatcott Dianne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000
Interest Rate
12%
Mortgage Type
Seller Take Back
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 Buyer Sale Price Title Company
Jones David R $760,000 None Available
Manka Rebekah Joy -- None Available
Manka Scott Allen $510,000 Guardian Title
Whatcott Brian K $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones David R $548,250
Previous Owner Manka Rebekah Joy $507,000
Previous Owner Manka Rebekah Joy $454,500
Previous Owner Manka Rebekah Joy $453,100
Previous Owner Manka Scott Allen $491,767
Previous Owner Whatcott Brian K $262,500
Previous Owner Whatcott Brian K $25,000
Previous Owner Whatcott Brian K $260,000
Previous Owner Whatcott Brian K $2,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $760,000 +1.3% $201 / Sq Ft
03/21/2021 03/21/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $749,900 -- $199 / 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 $3,596 $57,750 $7,750 $50,000
2022 $3,230 $46,100 $5,740 $40,360
2021 $3,363 $47,440 $5,910 $41,530
2020 $2,999 $40,650 $5,280 $35,370
2019 $2,985 $40,650 $5,280 $35,370
2018 $2,908 $37,580 $5,390 $32,190
2017 $2,915 $37,580 $5,390 $32,190
2016 $2,523 $31,730 $5,960 $25,770
2015 $2,204 $31,730 $5,960 $25,770
2014 $2,247 $28,840 $5,960 $22,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 6067745

REcolorado®

APN: 71082-01-036