NOT LISTED FOR SALE

296 Palomino Way Crestone, CO 81131

Estimated Value: $279,000 - $413,000

4 Beds
2 Baths
1,625 Sq Ft
$222/Sq Ft Est. Value

Last Sold December 11, 2023

Last sale price $365,000 $225 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,067/month

41 Days on Market

Highlights

  • Golf Course Community
  • Pine Trees
  • Fireplace in Bedroom
  • Located in a master-planned community
  • Mountain View
  • Deck

About This Home

As of December 2023

Great work/live/income opportunity! Updated tri-level home w/ flexible layout on 0.53-acre lot amongst ponderosas, junipers, & pinons - a beautiful mountain setting. 1,625sf 4BD/1.75BA w/ 3 entrances, 2 terraces, deck, footbridge, & shed. Lots of windows & natural light throughout. Lower level features its own entrance & concrete terrace, 3/4 BA, utility sink, bar fridge, high-gloss cabinets, washer/dryer, updated flooring, & LP wall heater. Can be used as primary bedroom, also perfect for home office, teaching/healing/yoga space, etc, w/ opportunity to be closed off from main/upper levels. Windows on 3 sides look out into nature, resulting in a bright, private, inviting space. Enter the great room from the east terrace or wraparound deck, both ideal for relaxing, or dining al fresco. Carry in groceries/firewood conveniently from the east driveway. Enjoy your tea or coffee on the terrace, while watching the sun rise over the 14,000-foot peaks to the east. Durable granite floors and custom stone hearth yield a classic look. Relax/entertain around the cast-iron insert fireplace. An LP wall heater provides thermostatted comfort. The dining space and glass sliders open to the deck on west side. U-shaped kitchen features original wood cabinets, LP range, & built-in shelves/storage with colorful accent tile. Stairs lead down to rear bedroom/office, also to 3BD/1BA upper level. Updated engineered flooring upstairs, plentiful windows/natural light, & wood stove. All 3 bedrooms have closet storage. The full bath has ceramic-tile floor, fun mosaic-tiled walls, glass-tile backsplash, & linen storage. From the road, the custom, local-rock chimney is the centerpiece. Attractive sage-colored stucco and golden T&G siding complete the cute exterior, along with round, tiered, and colored-glass accent windows. Metal roof. Tank water heater. Wooden bridge leads to backyard storage shed. 2 blocks to Baca Park and S Crestone Creek greenbelt/trails. Call for more information!

Last Agent to Sell the Property

Richard Hart

Crestone Peak Realty Brokerage Email: rick@yarbroughrealestate.com,719-480-5071 License #100080823 Listed on: 09/26/2023

Last Buyer's Agent

Richard Hart

Crestone Peak Realty Brokerage Email: rick@yarbroughrealestate.com,719-480-5071 License #100080823 Listed on: 09/26/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $528

Year Built

  • Built in 1976 | Remodeled

Lot Details

  • 0.53 Acre Lot
  • Open Space
  • Landscaped
  • Brush Vegetation
  • Rock Outcropping
  • Planted Vegetation
  • Pine Trees
  • Partially Wooded Lot

HOA Fees

  • $53 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Home Design

  • Tri-Level Property
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,625 Sq Ft Home
  • Partially Furnished
  • Built-In Features
  • Bar Fridge
  • Ceiling Fan
  • Wood Burning Stove
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Window Treatments
  • Great Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Oven
  • Range
  • Laminate Countertops

Flooring

  • Laminate
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Gravel Driveway

Outdoor Features

  • Deck
  • Patio

Schools

  • Crestone Charter Elementary And Middle School
  • Moffat High School

Utilities

  • No Cooling
  • Wall Furnace
  • Heating System Uses Propane
  • Propane
  • Electric Water Heater
  • Phone Available

Listing and Financial Details

  • Exclusions: Seller's personal property
  • Assessor Parcel Number 460506100279

Community Details

Overview

  • Association fees include reserves, road maintenance
  • Baca Grande Property Owners Association, Phone Number (719) 256-4171
  • Baca Grande Chalet One Subdivision
  • Located in a master-planned community
  • Foothills

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$528

Year Built

Built in 1976 | Remodeled

Lot Details

0

HOA Fees

$53 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: Tri-Level
  • Year Built: 1976
  • Above Grade Finished Sq Ft: 1625
  • Exclusions: Seller's personal property
  • Living Area: 1625
  • Pets Allowed: Yes
  • Property Condition: Updated/Remodeled
  • Directions: From County Rd T, turn right on Camino Baca Grande, then left on Palomino Way - property will be on the left.
  • SubdivisionName: Baca Grande Chalet One
  • Ownership: Individual
  • Property Attached Yn: No
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_ExpectedActiveDate: 2023-09-27
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 1
  • REC_UpperLevelBedrooms: 3
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.94805
  • Attribution Contact: rick@yarbroughrealestate.com,719-480-5071
  • Special Features: VirtualTour

Interior Features

  • Appliances: Bar Fridge, Dryer, Electric Water Heater, Oven, Range, Refrigerator, Washer
  • Fireplaces: 2
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Laminate Counters
  • Flooring: Laminate, Stone, Tile
  • Fireplace Features: Bedroom, Great Room, Insert, Wood Burning Stove
  • Full Bathrooms: 1
  • Basement: No
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Window Features: Double Pane Windows, Window Coverings

Exterior Features

  • Roof: Metal
  • Construction Materials: Frame, Stucco, Wood Siding
  • View: Mountain(s), Valley
  • Patio and Porch Features: Deck, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Gravel

Garage/Parking

  • Parking Features: Driveway-Gravel
  • Attached Garage: No
  • Total Parking Spaces: 4
  • REC_ParkingCount: 1

Utilities

  • Utilities: Electricity Connected, Phone Available, Propane
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Propane, Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Includes: Reserves, Road Maintenance
  • Association Name: Baca Grande Property Owners Association
  • Association Fee Frequency: Annually
  • Association Amenities: Golf Course, Park, Playground, Tennis Court(s), Trail(s)
  • Association Fee: 640.9
  • Phone: 719-256-4171
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 640.90
  • REC_AssociationFeeTotalAnnual: 640.90
  • REC_AssociationManagementType: Self Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: bacapoa.org
  • REC_AssociationTransferAmount: $150

Schools

  • Middle Or Junior School: Crestone Charter

Lot Info

  • Horses: No
  • Parcel Number: 460506100279
  • Lot Size Acres: 0.53
  • Fencing: None
  • Building Area Total: 1625
  • Lot Features: Foothills, Landscaped, Master Planned, Open Space, Rock Outcropping
  • Lot Size Sq Ft: 23086.8
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Partially

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 528

MLS Schools

  • Elementary School: Crestone Charter
  • High School: Moffat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2023
Closed on
Dec 9, 2023
Sold by
Ahmad Syed Masood and Magadova Nafisa A
Bought by
Fullmer Kim M
Seller's Agent
Richard Hart
Crestone Peak Realty
Buyer's Agent
Richard Hart
Crestone Peak Realty
List Price
$385,000
Sold Price
$365,000
Premium/Discount to List
-$20,000
-5.19%
Views
47
Current Estimated Value
$360,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,760
Avg. Annual Appreciation
-0.19%
Original Mortgage
$14,335
Outstanding Balance
$5,892
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$357,950

Purchase Details

Closed on
Aug 25, 2014
Sold by
Hilton Justin
Bought by
Ahmad Syed Masood and Magadova Nafisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2011
Sold by
Fannie Mae
Bought by
Hilton Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
10%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2010
Sold by
Dodge Mary E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 25, 2001
Sold by
Moore Grant C
Bought by
Dodge Mary E

Purchase Details

Closed on
Aug 7, 1998
Sold by
Smith Winfield P and Smith Kimberly
Bought by
Moore Grant C
Source: Public Records

Range of Values:

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Average Value
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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
Fullmer Kim M $365,000 None Listed On Document
Ahmad Syed Masood $135,000 None Available
Hilton Justin $52,500 Assured Title
Federal National Mortgage Association -- None Available
Dodge Mary E $125,900 --
Moore Grant C $89,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fullmer Kim M $14,335
Open Fullmer Kim M $358,388
Previous Owner Ahmad Syed Masood $108,000
Previous Owner Hilton Justin $100,000
Previous Owner Hilton Justin $50,000
Previous Owner Dodge Mary E $161,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2023 12/11/23 Sold $365,000 -1.1% $225 / Sq Ft
10/22/2023 10/22/23 Price Changed $369,000 -4.2% $227 / Sq Ft
09/26/2023 09/26/23 For Sale $385,000 0.0% $237 / Sq Ft
09/26/2023 09/26/23 Price Changed $385,000 -- $237 / 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 $607 $4,888 $267 $4,621
2023 $607 $4,888 $267 $4,621
2022 $550 $4,173 $501 $3,672
2021 $550 $4,173 $501 $3,672
2020 $400 $2,960 $305 $2,655
2019 $402 $2,960 $305 $2,655
2018 $579 $4,191 $307 $3,884
2017 $583 $4,191 $307 $3,884
2015 -- $5,074 $0 $0
2014 -- $4,098 $0 $0
2013 -- $4,098 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 7018830

REcolorado®

APN: 460506100279