NOT LISTED FOR SALE

349 Faas Ranch Rd New Castle, CO 81647

New Castle Neighborhood

Estimated Value: $288,947

0.19 Acre
$1,520,774 Price per Acre
8,285 Sq Ft Lot

Last Sold November 27, 2023

Last sale price $100,000

Est. 189% increase in value since last sale

Current estimated payment $1,729/month

144 Days on Market

Highlights

  • On Golf Course
  • Green Building
  • Views
  • Fitness Center
  • Clubhouse
  • Resident Manager or Management On Site

About This Lot

As of November 2023

Bordering the 13th Fairway of Lakota Canyon Links Golf Club with southern exposure and views of the 13th green and 14th fairway. Lakota Links is an 18 hole mountain golf course designed by Jim Engh with practice facilities, pro shop, and the best outdoor patio in New Castle for that after golf beverage. Life at Lakota Canyon Ranch includes community events, recreation center with a pool and fitness center. New Castle is home to some great restaurants and the best trail network in the Roaring Fork Valley. Close to two reservoirs and the Flattops wilderness.

Last Agent to Sell the Property

Clinton Carroll

Aspen Snowmass Sotheby's International Realty - Glenwood Springs Brokerage Phone: (970) 366-3511 License #FA100070000 Listed on: 06/01/2023

Aspen Snowmass Sotheby's International Realty - Glenwood Springs

Last Buyer's Agent

Brian Keleher

Coldwell Banker Mason Morse-Carbondale License #FA100000574

Coldwell Banker Mason Morse-Carbondale

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $962

Lot Details

  • 8,285 Sq Ft Lot
  • On Golf Course
  • Property is zoned PUD

HOA Fees

  • $75 Monthly HOA Fees

Additional Features

  • Green Building
  • Mineral Rights Excluded
  • Water Rights Not Included
  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 212332115016

Community Details

Overview

  • Association fees include management, contingency fund, insurance, road maintenance, snow removal, ground maintenance
  • Lakota Canyon Ranch Subdivision
  • On-Site Maintenance

Recreation

  • Fitness Center
  • Snow Removal

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Property Details

Property Type

Land

Est. Annual Taxes

$962

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Property Sub Type: Single Family Lot
  • Prop. Type: RES Vacant Land
  • Lot Size Acres: 0.19
  • Subdivision Name: Lakota Canyon Ranch
  • Directions: From New Castle exit at I-70. Take New Castle exit then head north. At four way continue straight and up the hill on Castle Valley Blvd and take a right on Faas Ranch Road. Continue down Faas Ranch road and sign on Right. Lot borders 353 Faas Ranch.
  • New Construction: No
  • Tax Parcel Letter: R040658
  • Attribution Contact: (970) 366-3511
  • General Info:Zoning2: PUD
  • Listing Info:REO: No
  • Gas:Natural Gas2: Yes
  • Financing Info:Taxes2: 962.24
  • Financing Info:Tax Year2: 2022
  • Listing Info:New Construction: No
  • Sanitation:Sewer: Yes
  • Mineral Rights:No2: Yes
  • Water Rights:None6: Yes
  • HOA Fee Includes:Grounds Maintenance2: Yes
  • HOA Fee Includes:Management4: Yes
  • HOA Fee Includes:Snow Removal2: Yes
  • Lot Description:Golf Course: Yes
  • HOA Fee Includes:Insurance3: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 900.0
  • Special Features: None

Utilities

  • Building Features: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Pets Allowed/Owner, Clubhouse, Fitness Center
  • Association Fee: 75.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Glenwood Association
  • Financing Info:Association Fee2: 75.0
  • Financing Info:Association Fee Frequency2: Monthly
  • HOA Amenities:Fitness Center: Yes
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Club House: Yes

Fee Information

  • Association Fee Includes: Management, Contingency Fund, Insurance, Road Maintenance, Snow Removal, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 8285.0
  • Parcel #: 212332115016
  • Zoning: PUD
  • ResoLotSizeUnits: Acres
  • Lot Description View: Yes

Tax Info

  • Tax Annual Amount: 962.24
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Nov 27, 2023
Sold by
Ndw Down Valley Llc
Bought by
Cabrera Estenia Requeno and Gonzalez Dani Eli
Seller's Agent
Clinton Carroll
Aspen Snowmass Sotheby's International Realty - Glenwood Springs
Buyer's Agent
Brian Keleher
Coldwell Banker Mason Morse-Carbondale
List Price
$143,500
Sold Price
$100,000
Premium/Discount to List
-$43,500
-30.31%
Views
47
Current Estimated Value
$288,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,947
Avg. Annual Appreciation
8.74%
Original Mortgage
$50,000
Outstanding Balance
$31,429
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$88,120

Purchase Details

Listed on
Jun 1, 2023
Closed on
Oct 18, 2023
Sold by
Wagar Richard H
Bought by
Ndw Down Valley Llc
Seller's Agent
Clinton Carroll
Aspen Snowmass Sotheby's International Realty - Glenwood Springs
Buyer's Agent
Brian Keleher
Coldwell Banker Mason Morse-Carbondale
List Price
$143,500
Sold Price
$100,000
Premium/Discount to List
-$43,500
-30.31%
Views
47

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
Outstanding Balance
$31,429
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$88,120

Purchase Details

Closed on
Dec 26, 2007
Sold by
Pitkin Exchange Holdings Of Aspen Llc
Bought by
Wagar Richard H

Purchase Details

Closed on
Jul 20, 2007
Sold by
Shook Michael and Shook Alice M
Bought by
Pitkin Exchange Holdings Of Aspen Llc

Purchase Details

Closed on
Jul 3, 2006
Sold by
Barry Maria
Bought by
Shook Michael and Shook Alice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,900
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2006
Sold by
Barry Daniel S
Bought by
Barry Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,900
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2005
Sold by
Lakota Canyon Ranch Development Llc
Bought by
Barry Daniel S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cabrera Estenia Requeno $100,000 Land Title
Ndw Down Valley Llc -- None Listed On Document
Wagar Richard H $175,500 None Available
Pitkin Exchange Holdings Of Aspen Llc $175,500 Commonwealth
Shook Michael $139,900 Stewart Title Of Colorado
Barry Maria -- Stewart Title Of Colorado
Barry Daniel S $122,500 Stewart Title Of Glenwood Sp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cabrera Estenia Requeno $50,000
Previous Owner Shook Michael $69,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2023 11/27/23 Sold $100,000 -9.1% --
10/18/2023 10/18/23 Price Changed $110,000 -11.3% --
09/08/2023 09/08/23 Price Changed $124,000 -13.6% --
06/01/2023 06/01/23 For Sale $143,500 -- --
Source: Aspen Glenwood MLS

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 $1,721 $24,830 $24,830 $0
2023 $1,721 $24,830 $24,830 $0
2022 $962 $14,500 $14,500 $0
2021 $1,066 $14,500 $14,500 $0
2020 $1,270 $18,850 $18,850 $0
2019 $1,224 $18,850 $18,850 $0
2018 $1,141 $17,400 $17,400 $0
2017 $987 $17,400 $17,400 $0
2016 $606 $11,310 $11,310 $0
2015 $560 $11,310 $11,310 $0
2014 -- $8,700 $8,700 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Clinton Carroll

    Aspen Snowmass Sotheby's International Realty - Glenwood Springs

    (970) 989-3079

    12 in this area

    72 Total Sales

    Clinton Carroll
    Section Image
  • Brian Keleher

    Buyer's Agent in 2023

    Brian Keleher

    Coldwell Banker Mason Morse-Carbondale

    (970) 379-3296

    3 in this area

    18 Total Sales

    Brian Keleher
    Section Image
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Map

Source: Aspen Glenwood MLS

MLS Number: 179493

Aspen Glenwood MLS

APN: R040658

Colorado Garfield County New Castle 81647 New Castle

349 Faas Ranch Rd, New Castle, CO

Not Listed for Sale

Lots

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