$500,000
SOLD MAR 12, 2025
3 Beds
3.5 Baths
2,512 Sq Ft
9,710 Sq Ft Lot

Recently Sold

$199 Per Sq Ft

20% Below List Price

112 Days on Market

Highlights

  • The property is located in a historic district
  • Primary Bedroom Suite
  • Mountain View
  • Gilpin County Elementary School Rated A-
  • Heavily Wooded Lot
  • Deck

About This Home

As of March 2025

Welcome to your dream home in Central City, Colorado! This historic gem, perfect for families and couples, offers vintage charm and endless potential, serving as your gateway to rich history and thrilling outdoor adventures.

Special Features
VA Assumable Mortgage: This property comes with a VA assumable mortgage, making it an excellent investment opportunity.
Government-Assisted Rental Payments: There is a tenant in place with government-assisted rental payments, providing immediate rental income.

Outdoor Space
The outdoor space is spectacular. Enjoy your morning coffee on a stone patio with breathtaking mountain views. The barn, full of rustic charm, can be a workshop, studio, or additional storage. The lush landscaping with mature trees and garden areas creates a private sanctuary.

Location and Lifestyle
Close to downtown Central City, this home offers tranquility and convenience. Central City and Black Hawk are known for their vibrant casino scene, rich history, and outdoor activities. Explore historic sites, enjoy world-class dining, or try your luck at the casinos. Outdoor enthusiasts will love the hiking, biking, hunting, and fishing opportunities. The natural beauty of the Colorado Rockies is right at your doorstep.

Unique Opportunity
This historic home is a unique opportunity for those with a vision. While it needs some work, it’s your chance to create a personalized masterpiece. Restore it to its former glory while adding modern touches. With the right investment, this property could become a showpiece that blends the past and present.

Don’t Miss Out
Don’t miss out on this chance to own a piece of Colorado’s history. This home in Central City isn’t just a place to live—it’s a lifestyle. With its stone patio, mountain views, and proximity to amenities and outdoor adventures, this property is a rare find. Schedule a visit today and imagine the endless possibilities in this enchanting mountain retreat.

Last Agent to Sell the Property

Corey Christian

Jade Real Estate Brokerage Email: corey@c21prosperity.com,570-267-4277 License #100102438 Listed on: 05/30/2024

Jade Real Estate

Last Buyer's Agent

William Lawrence

Century 21 Prosperity License #100088430

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $956

Year Built

  • Built in 1890

Lot Details

  • 9,710 Sq Ft Lot
  • South Facing Home
  • Property is Fully Fenced
  • Corner Lot
  • Mountainous Lot
  • Heavily Wooded Lot
  • Many Trees
  • Grass Covered Lot

Parking

  • 5 Parking Spaces

Home Design

  • Victorian Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,512 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Stove
  • Double Pane Windows
  • Window Treatments
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Bonus Room
  • Mountain Views
  • Fire and Smoke Detector
  • Laundry in unit
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Kitchen Island
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Primary Bedroom Suite

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Gilpin County Elementary And Middle School
  • Gilpin County High School

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • 110 Volts
  • Natural Gas Connected
  • High-Efficiency Water Heater
  • High Speed Internet

Additional Features

  • Energy-Efficient HVAC
  • The property is located in a historic district

Community Details

  • No Home Owners Association
  • Central City Subdivision

Listing and Financial Details

  • Assessor Parcel Number R002486

Home Details

Home Type

Single Family

Est. Annual Taxes

$956

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Victorian
  • Structure Type: House
  • Levels: Two
  • Year Built: 1890
  • Above Grade Finished Sq Ft: 2512
  • Exclusions: personal property
  • Living Area: 2512
  • Directions: Head northeast on Spring St. Turn right onto Spring St. Property is on the right.
  • SubdivisionName: Central City
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBedrooms: 0
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 2
  • REC_UpperLevelBedrooms: 2
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.80000
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Range
  • Fireplaces: 2
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, High Speed Internet, Kitchen Island, Primary Suite, Tile Counters
  • Flooring: Carpet, Tile
  • Fireplace Features: Living Room, Wood Burning Stove
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Common Walls: No Common Walls
  • Basement: Finished
  • Basement: Yes
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Window Features: Double Pane Windows, Window Coverings

Exterior Features

  • Direction Faces: South
  • Roof: Composition
  • Construction Materials: Brick, Frame
  • View: Mountain(s)
  • Exterior Features: Balcony, Rain Gutters
  • Patio and Porch Features: Covered, Deck, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 5

Utilities

  • Utilities: Electricity Connected, Internet Access (Wired), Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Electric: 110V, 220 Volts
  • Laundry Features: In Unit
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Gilpin County School

Lot Info

  • Horses: No
  • Parcel Number: R002486
  • Lot Size Acres: 0.22
  • Fencing: Full
  • Building Area Total: 2512
  • Lot Features: Corner Lot, Historical District, Many Trees, Mountainous
  • Lot Size Sq Ft: 9710
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Energy Efficient: HVAC, Water Heater

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 956

MLS Schools

  • Elementary School: Gilpin County School
  • High School: Gilpin County School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Mar 12, 2025
Sold by
Kragenbrink Gary A and Kragenbrink Venette A
Bought by
Gusseva Jekaterina V
Seller's Agent
Corey Christian
Jade Real Estate
Buyer's Agent
William Lawrence
Century 21 Prosperity
List Price
$625,000
Sold Price
$500,000
Premium/Discount to List
-$125,000
-20%
Views
58
Current Estimated Value
$605,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,667
Avg. Annual Appreciation
-3.21%
Original Mortgage
$318,750
Outstanding Balance
$316,042
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$169,958

Purchase Details

Closed on
Jan 17, 2005
Sold by
Kragenbrink Gary A
Bought by
Kragenbrink Gary A and Kragenbrink Venette A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.71%
Mortgage Type
New Conventional
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $500,000 None Listed On Document
Quit Claim Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $318,750 New Conventional
Previous Owner $155,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2025 03/12/25 Sold $500,000 -9.1% $199 / Sq Ft
08/08/2024 08/08/24 Price Changed $550,000 -11.3% $219 / Sq Ft
07/12/2024 07/12/24 Price Changed $620,000 -0.8% $247 / Sq Ft
05/30/2024 05/30/24 For Sale $625,000 -- $249 / 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 $966 $40,020 $1,720 $38,300
2023 $690 $40,020 $1,720 $38,300
2022 $483 $19,100 $1,490 $17,610
2021 $485 $22,630 $1,340 $21,290
2020 $300 $17,160 $1,430 $15,730
2019 $259 $17,160 $1,430 $15,730
2018 $240 $16,010 $1,090 $14,920
2017 $241 $16,010 $1,090 $14,920
2016 $208 $15,190 $860 $14,330
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: REcolorado®

MLS Number: 9332019

REcolorado®

APN: R002701