401 Eight Mile Loop Pagosa Springs, CO 81147
Estimated Value: $678,000 - $968,000
2
Beds
2
Baths
1,906
Sq Ft
$431/Sq Ft
Est. Value
Highlights
- Horses Allowed On Property
- Mountain View
- Wooded Lot
- Pagosa Springs Middle School Rated 9+
- Deck
- Vaulted Ceiling
About This Home
As of September 2023After going thru the solar powered security gate, a winding road will take you to this lovely secluded 5 acres (+/-), surrounded by old growth Ponderosa Pines, White Pine and Gambrel Oaks. Not too big and not too small, this 2 bedroom, 2 bath with loft home has a welcoming "come sit a spell" feel, as you approach the covered porch. Inside you will find a Great Room concept, with soaring, beamed, vaulted ceiling, white oak diagonal flooring and a thermostat controlled "real" wood burning fireplace, with river rock facing. Enclosed by a wall of windows to take in the natural beauty of the forest, the wrap-around deck is perfect for outdoor enjoyment and expanded entertainment area. The kitchen has custom-made knotty-pine cabinets and custom hardware, a pass-thru counter for access to the dining area with antler chandelier, double convective/conventional ovens, gas cooktop, pantry and loads of storage. Also on the main level, you'll find a bedroom that could be the primary sleeping quarters, with direct access to the deck, plus a 3/4 bath. A functional mud room, off the additional covered carport, with utility sink completes the main level living. This area also makes for a perfect keeping/dining area for pets. Upstairs is a large loft, over-looking the living area, which serves as space for office/craftroom/play room or additional sleeping area. A huge walk-in closet with shelving serves as storage for seasonal or seldom used items. Another bedroom, with "a sky wall for star gazing" and 3/4 bath are also found on this level. The oversized 700 sq' garage is large enough for the woodworker/mechanic and is equipped with water, electric, propane and sewage. It is fully insulated and finished with drywall, texture and paint. A bonus area above of 300 sq' is waiting for your imagination and completion of a private apartment for all those that will want to visit this Pagosa-perfect property. Adjacent to the garage, a 20' X 40' area with 8' high fence and frost-proof hydrant is the spot for worry-free gardening or an outdoor residence for pets. Amenities include sprinkler system for the sensiblly designed yard, standing seam roof, post and beam construction, never need to paint hardiplank siding, foam insulation under the floor, certified fire mitigation within a 100' radius of the home and south facing roof designed to accomodate solar panels. Horses? There are areas to add a barn and pastures that could be fenced. Location? Three accesses to National Forest, 10 minutes to all the excitement of downtown plus public water in a far from the maddening crowd setting. Share your legacy with those you love that only Pagosa can provide.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,881
Year Built
- Built in 2005
Lot Details
- 5 Acre Lot
- Kennel or Dog Run
- Landscaped
- Sprinkler System
- Wooded Lot
HOA Fees
- $7 Monthly HOA Fees
Home Design
- Raised Foundation
- Metal Roof
- Stick Built Home
Interior Spaces
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Fireplace With Glass Doors
- Fireplace Features Blower Fan
- Double Pane Windows
- Window Treatments
- Mud Room
- Living Room with Fireplace
- Combination Dining and Living Room
- Mountain Views
- Crawl Space
- Washer and Dryer Hookup
Kitchen
- Double Oven
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom Upstairs
- Walk-In Closet
- 2 Bathrooms
Parking
- 2 Car Detached Garage
- 1 Carport Space
- Garage Door Opener
Outdoor Features
- Deck
- Covered patio or porch
Schools
- Pagosa Springs K-4 Elementary School
- Pagosa Springs 5-8 Middle School
- Pagosa Springs 9-12 High School
Farming
- Cattle
- Sheep or Goats
Horse Facilities and Amenities
- Horses Allowed On Property
Utilities
- Forced Air Heating System
- Vented Exhaust Fan
- Heating System Powered By Leased Propane
- Heating System Uses Propane
- Water Heater
- Septic Tank
- Septic System
- Internet Available
- Phone Available
Community Details
- Association fees include snow removal, road maintenance
- Loma Linda HOA
- Loma Linda 2 08 Cnty Code 00302 Subdivision
Listing and Financial Details
- Assessor Parcel Number 588717305010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 29, 2023
Closed on
Sep 7, 2023
Sold by
Parker David Eric and Parker Linda Ruth
Bought by
Hughes Carla and Carrillo Omar
Seller's Agent
JoAnn Laird
JoAnn Laird Real Estate
Buyer's Agent
Aurora Peters
Sherpa Real Estate
List Price
$795,000
Sold Price
$760,000
Premium/Discount to List
-$35,000
-4.4%
Total Days on Market
8
Views
23
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
$60,633
Avg. Annual Appreciation
4.46%
Original Mortgage
$350,000
Outstanding Balance
$344,043
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$476,590
Purchase Details
Closed on
Sep 5, 2002
Sold by
Simpach Robert J and Simpach Louise
Bought by
Parker David Eric and Parker Linda Ruth
Purchase Details
Closed on
Sep 15, 1996
Sold by
Johnson George R
Bought by
Simpach Robert J and Simpach Louise
Purchase Details
Closed on
Apr 18, 1994
Sold by
Weldon Alexander James
Bought by
Johnson George R
Purchase Details
Closed on
Jan 24, 1994
Sold by
Green Valley
Bought by
Weldon Alexander James
Purchase Details
Closed on
Sep 11, 1984
Sold by
Green Valley
Bought by
Weldon Alexander Jam
Similar Homes in Pagosa Springs, CO
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 |
|---|---|---|---|
| Hughes Carla | $760,000 | Colorado Title & Closing Servi | |
| Parker David Eric | $75,000 | -- | |
| Simpach Robert J | $43,400 | -- | |
| Johnson George R | $23,900 | -- | |
| Weldon Alexander James | -- | -- | |
| Weldon Alexander Jam | $20,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hughes Carla | $350,000 | |
| Previous Owner | Parker David Eric | $329,000 | |
| Previous Owner | Parker David Eric | $292,500 | |
| Previous Owner | Parker David Eric | $269,500 | |
| Previous Owner | Parker David E | $288,000 | |
| Previous Owner | Parker David E | $288,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/07/2023 09/07/23 | Sold | $760,000 | -4.4% | $399 / Sq Ft |
| 08/06/2023 08/06/23 | Pending | -- | -- | -- |
| 07/29/2023 07/29/23 | For Sale | $795,000 | -- | $417 / Sq Ft |
Source: Colorado Real Estate Network (CREN)
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 | $3,412 | $50,180 | $9,030 | $41,150 |
| 2023 | $3,412 | $50,180 | $9,030 | $41,150 |
| 2022 | $1,881 | $33,310 | $6,050 | $27,260 |
| 2021 | $1,905 | $33,420 | $6,220 | $27,200 |
| 2020 | $1,509 | $27,660 | $4,650 | $23,010 |
| 2019 | $1,478 | $27,660 | $4,650 | $23,010 |
| 2018 | $1,511 | $26,650 | $2,880 | $23,770 |
| 2017 | $1,330 | $26,650 | $2,880 | $23,770 |
| 2016 | $1,245 | $26,010 | $3,980 | $22,030 |
| 2015 | -- | $26,010 | $3,980 | $22,030 |
| 2014 | -- | $23,440 | $3,580 | $19,860 |
Source: Public Records
Agents Affiliated with this Home
-
JoAnn Laird
Seller's Agent in 2023
JoAnn Laird
JoAnn Laird Real Estate
(970) 946-9700
48 Total Sales
-
Aurora Peters
Buyer's Agent in 2023
Aurora Peters
Sherpa Real Estate
(970) 903-0329
33 Total Sales
Map
Source: Colorado Real Estate Network (CREN)
MLS Number: 806435
APN: 588717305010
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