Seller's Agent in 2023
Michael Orist
United Country Timberline Realty Inc
(719) 426-0024
9 in this area
76 Total Sales
370 Oil Creek Dr Divide, CO 80814
Estimated Value: $340,000 - $406,000
3
Beds
2
Baths
1,152
Sq Ft
$318/Sq Ft
Est. Value
Highlights
- Mountain View
- Meadow
- Wood Flooring
- Deck
- Ranch Style House
- Hiking Trails
About This Home
Property is being sold at Auction with Reserve. List price represents the initial bid. Private Cabin in the Central Colorado Mountains
This Private Cabin in the Central Colorado Mountains is being offered through an On-Line Auction. Nestled in the mountains behind Pikes Peak, this secluded cabin in Divide could be your perfect mountain getaway or a short-term rental property. Imagine escaping from the hustle and bustle of the city to this quiet cozy cabin where you can enjoy the peace and quiet of the Colorado mountains.
Great Potential for Equity Growth
With a little maintenance and updating, this cabin could be your dream retreat in the Colorado Mountains. This property is a great candidate to become a short-term rental as the subdivision allows STR and the demand for rentals in the area is strong. The Central Colorado mountains attract visitors from all other the world every year. With all this cabin has to offer, come make property your Colorado vacation home and offset your second home costs for your getaway in the mountains of Colorado with your short-term rental income.
Enjoy the Great Colorado Outdoors
For all outdoor enthusiasts, you will enjoy the 1,000’s of acres of National Forest, as well as endless hiking in the surrounding mountain ranges. You do not want to miss this opportunity to own this secluded mountain property that has so much potential.
Centrally located with year around access, enjoy local shopping, dining and outdoor activities in Florissant, Cripple Creek, Divide and Woodland Park, CO, plus all the best outdoor activities Colorado has to offer including great Hiking and Skiing, Gold Medal Fishing in the Dream Stream, Spinney Reservoir, 11 Mile Reservoir, and the South Platte River. Colorado Springs is less than an hour away and only two hours from Denver, CO.
Last Agent to Sell the Property
United Country Timberline Realty Inc Listed on: 04/26/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $740
Year Built
- Built in 1968
Lot Details
- 1.19 Acre Lot
- Rural Setting
- Meadow
HOA Fees
- $3 Monthly HOA Fees
Parking
- Driveway
Property Views
- Mountain
- Rock
Home Design
- Ranch Style House
- Pillar, Post or Pier Foundation
- Shingle Roof
- Wood Siding
Interior Spaces
- 1,152 Sq Ft Home
- Ceiling Fan
- Wood Burning Fireplace
- Crawl Space
Kitchen
- Oven
- Stove
- Microwave
- Dishwasher
- Trash Compactor
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Shed
Schools
- Cresson Elementary School
- Cripple Creek/Victor Middle School
- Cripple Creek/Victor High School
Utilities
- Forced Air Heating System
- Heating System Uses Propane
- Propane
- Cistern
Community Details
Recreation
- Hiking Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 26, 2023
Closed on
Jun 16, 2023
Sold by
Drago Lawrence J
Bought by
Newsome Brian Eric and Newsome Kristin Marie
Seller's Agent
Michael Orist
United Country Timberline Realty
Buyer's Agent
Stephen Graber
Your Castle Real Estate Inc
List Price
$50,000
Sold Price
$338,250
Premium/Discount to List
$288,250
576.5%
Views
1188
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,653
Avg. Annual Appreciation
3.12%
Original Mortgage
$253,688
Outstanding Balance
$246,904
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$118,999
Purchase Details
Closed on
Feb 19, 2016
Sold by
Secretary Of Housing & Urban Development
Bought by
Drago Lawrence J
Purchase Details
Closed on
Mar 20, 2015
Sold by
Lakeview Loan Servicing Llc
Bought by
Secretary Of Housing & Urban Development
Purchase Details
Closed on
Mar 17, 2015
Sold by
Michel Mark E and Michel Cynthia A
Bought by
Lakeview Loan Servicing Llc
Purchase Details
Closed on
Nov 4, 2003
Sold by
Taylor Richard S
Bought by
Michel Cynthia A and Michel Mark E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,920
Interest Rate
7.47%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 8, 2002
Sold by
Moss Randy C and Moss Kellie A
Bought by
Taylor Richard S and Richard S Taylor Revocable Trust
Purchase Details
Closed on
May 18, 1995
Bought by
Drago Lawrence J
Purchase Details
Closed on
May 21, 1993
Bought by
Drago Lawrence J
Purchase Details
Closed on
Mar 13, 1969
Bought by
Drago Lawrence J
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Newsome Brian Eric | $338,250 | Fidelity National Title | |
| Drago Lawrence J | $110,300 | Fidelity National Title Ins | |
| Secretary Of Housing & Urban Development | -- | None Available | |
| Lakeview Loan Servicing Llc | -- | None Available | |
| Michel Cynthia A | $129,900 | -- | |
| Taylor Richard S | $130,000 | -- | |
| Drago Lawrence J | -- | -- | |
| Drago Lawrence J | $67,000 | -- | |
| Drago Lawrence J | $3,300 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Newsome Brian Eric | $253,688 | |
| Previous Owner | Michel Cynthia A | $103,920 | |
| Closed | Michel Cynthia A | $25,980 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/19/2023 06/19/23 | Sold | -- | -- | -- |
| 05/25/2023 05/25/23 | Off Market | $50,000 | -- | -- |
| 04/26/2023 04/26/23 | For Sale | $50,000 | -- | $43 / Sq Ft |
Source: Pikes Peak REALTOR® Services
Tax History Compared to Growth
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 | $877 | $17,750 | $0 | $0 |
| 2023 | $877 | $17,750 | $1,040 | $16,710 |
| 2022 | $740 | $15,450 | $660 | $14,790 |
| 2021 | $761 | $15,900 | $680 | $15,220 |
| 2020 | $700 | $14,660 | $800 | $13,860 |
| 2019 | $693 | $14,660 | $0 | $0 |
| 2018 | $515 | $10,180 | $0 | $0 |
| 2017 | $522 | $10,180 | $0 | $0 |
| 2016 | $611 | $11,740 | $0 | $0 |
| 2015 | $614 | $11,740 | $0 | $0 |
| 2014 | $605 | $11,740 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Orist
Map
Source: Pikes Peak REALTOR® Services
MLS Number: 8106958
APN: R0006421
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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