NOT LISTED FOR SALE

28450 State Highway 86 Simla, CO 80835

Estimated Value: $657,000 - $973,000

3 Beds
4 Baths
4,003 Sq Ft
$206/Sq Ft Est. Value

About This Home

This home is located at 28450 State Highway 86, Simla, CO 80835 and is currently estimated at $824,297, approximately $205 per square foot. 28450 State Highway 86 is a home located in Elbert County with nearby schools including Simla Elementary School and Simla High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2021
Sold by
Boone Randall
Bought by
Cornell Exchange Llc
Current Estimated Value
$824,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,500
Outstanding Balance
$556,409
Interest Rate
2.99%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$207,533

Purchase Details

Closed on
Sep 26, 2016
Sold by
Metzger Reed D and Metzger Brandy Jo
Bought by
Cornell Duncan K and Cornell Taylor C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2016
Sold by
Metzger Reed D and Metzger Brandy Jo
Bought by
Metzger Reed D and Metger Brandy Jo

Purchase Details

Closed on
May 28, 2010
Sold by
Beaver James
Bought by
Metzger Reed D and Metzger Brandy Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,896
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 19, 2010
Sold by
Beaver James
Bought by
Beaver James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,896
Interest Rate
4.5%
Mortgage Type
FHA

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Cornell Exchange Llc -- None Available
Cornell Exchange Llc $592,500 Land Title
Cornell Duncan K -- None Available
Metzger Reed D -- None Available
Metzger Reed D $337,000 Land Title
Beaver James -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornell Exchange Llc $592,500
Closed Cornell Exchange Llc $592,500
Previous Owner Cornell Duncan R $421,000
Previous Owner Cornell Duncan K $357,000
Previous Owner Metzger Reed D $330,896
Previous Owner Beaver James F $62,000
Source: Public Records

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 $2,125 $31,710 $480 $31,230
2022 $2,410 $34,180 $470 $33,710
2021 $2,474 $35,540 $510 $35,030
2020 $2,470 $34,830 $500 $34,330
2019 $2,579 $34,830 $500 $34,330
2018 $1,756 $23,030 $470 $22,560
2017 $1,767 $23,030 $470 $22,560
2016 $1,885 $24,370 $440 $23,930
2015 $1,849 $24,370 $440 $23,930
2014 $1,849 $23,370 $400 $22,970
Source: Public Records

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