NOT LISTED FOR SALE

387 S Pine Dr Bailey, CO 80421

Estimated Value: $309,000 - $367,000

2 Beds
1 Bath
840 Sq Ft
$409/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $245,000 $292 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,888/month

99 Days on Market

Highlights

  • Aspen Trees
  • Deck
  • Private Yard
  • Mountain View
  • Wood Burning Stove
  • No HOA

About This Home

As of December 2023

Nestled amidst the tranquil beauty of Bailey, Colorado, this charming small cabin presents a wonderful chance to create your dream mountain haven. Boasting 840 square feet of rustic living space, this property offers 2 bedrooms and 1 bathroom,
Inside, the cabin unfolds to reveal an open and inviting layout, making the most of its 840 square feet. The main living area seamlessly integrates the living room, dining area, and kitchen, providing a cozy space for relaxation and entertainment.
While this cabin presents a wonderful canvas for customization, it's important to note that some updating is required. Whether you're an enthusiastic DIY renovator or looking to collaborate with professionals, the potential of this property is boundless. The spacious lot allows for endless possibilities - from creating an outdoor oasis to establishing a garden retreat, your imagination can truly be let go. Located in the heart of Bailey, Colorado, this cabin benefits from its proximity to an abundance of outdoor activities, from hiking and biking to fishing and camping. The surrounding area offers a welcoming community and easy access to the natural beauty that defines Colorado mountain living. In summary, this 2-bedroom, 1-bathroom cabin with 840 square feet is a remarkable canvas for customization. With a little TLC, this property has the potential to be transformed into the mountain escape you've always envisioned. Don't miss the chance to create your own slice of paradise in the captivating landscape of Bailey, Colorado. Some work has been completed by seller. New anderson windows, new electrical box, new water heater, stove, refrigerator, toilet and bath faucet, new storm doors on the front and rear doors, furnace inspected and venting repaired.

Last Agent to Sell the Property

Vicki Wimberly

Coldwell Banker Realty 28 Brokerage Email: VICKI.WIMBERLY@CBREALTY.com,303-210-8577 License #100036006 Listed on: 08/22/2023

Coldwell Banker Realty 28

Last Buyer's Agent

Vicki Wimberly

Coldwell Banker Realty 28 Brokerage Email: VICKI.WIMBERLY@CBREALTY.com,303-210-8577 License #100036006 Listed on: 08/22/2023

Coldwell Banker Realty 28

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,154

Year Built

  • Built in 1972

Lot Details

  • 0.6 Acre Lot
  • West Facing Home
  • Brush Vegetation
  • Aspen Trees
  • Pine Trees
  • Private Yard
  • Grass Covered Lot

Parking

  • 4 Parking Spaces

Home Design

  • Rustic Architecture
  • Fixer Upper
  • Frame Construction
  • Composition Roof
  • Cedar

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Wood Burning Stove
  • Double Pane Windows
  • Window Treatments
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Deer Creek Elementary School
  • Fitzsimmons Middle School
  • Platte Canyon High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • 110 Volts
  • Well
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Friendship Ranch Subdivision

Listing and Financial Details

  • Exclusions: Seller personal property. Most of the furniture can be left with the house
  • Assessor Parcel Number 15707

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,154

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Rustic Contemporary
  • Structure Type: House
  • Levels: One
  • Year Built: 1972
  • Above Grade Finished Sq Ft: 840
  • Exclusions: Seller personal property. Most of the furniture can be left with the house
  • Living Area: 840
  • Property Condition: Fixer
  • Directions: Highway 285 to 43A, go west to Pine, then left. Follow road to property on the right.
  • SubdivisionName: Friendship Ranch
  • Ownership: Individual
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.70000
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Water Heater, Range, Washer
  • Fireplaces: 1
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, No Stairs
  • Flooring: Carpet, Laminate, Tile
  • Fireplace Features: Living Room
  • Full Bathrooms: 1
  • Basement: No
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Window Features: Double Pane Windows, Window Coverings

Exterior Features

  • Direction Faces: West
  • Roof: Composition
  • Construction Materials: Cedar, Frame
  • View: Mountain(s)
  • Exterior Features: Private Yard
  • Patio and Porch Features: Deck, Front Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 4

Utilities

  • Utilities: Electricity Connected
  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Forced Air, Propane, Wood Stove
  • Water Source: Well
  • Electric: 110V

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: Fitzsimmons

Lot Info

  • Horses: No
  • Parcel Number: 15707
  • Lot Size Acres: 0.6
  • Fencing: None
  • Building Area Total: 840
  • Lot Size Sq Ft: 26136
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1154

MLS Schools

  • Elementary School: Deer Creek
  • High School: Platte Canyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2018
Sold by
Griffin Lawrence J and Estate Of Garry J Griffin
Bought by
Griffin Lawrence J
Current Estimated Value
$343,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2018
Sold by
Griffin Lawrence J and Estate Of Garry Joseph Griffin
Bought by
Griffin Lawrence J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2018
Sold by
Griffin Garry Joseph
Bought by
Griffin Lawrence J
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
Griffin Lawrence J -- Homestead Title & Escrow
Griffin Lawrence J -- None Available
Griffin Lawrence J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Griffin Lawrence J $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Sold $245,000 -15.5% $292 / Sq Ft
09/24/2023 09/24/23 Price Changed $290,000 -17.1% $345 / Sq Ft
08/22/2023 08/22/23 For Sale $350,000 -- $417 / 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 $1,027 $17,370 $4,460 $12,910
2023 $1,027 $20,710 $4,590 $16,120
2022 $1,154 $18,226 $2,537 $15,689
2021 $1,145 $18,750 $2,610 $16,140
2020 $1,014 $15,950 $1,910 $14,040
2019 $1,000 $15,950 $1,910 $14,040
2018 $822 $15,950 $1,910 $14,040
2017 $821 $12,700 $1,690 $11,010
2016 $696 $10,720 $2,040 $8,680
2015 $702 $10,720 $2,040 $8,680
2014 $648 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 6849927

REcolorado®

APN: 15707