$975,000
SOLD MAY 15, 2025

40121 County Road 21 Elizabeth, CO 80107

3 Beds
3 Baths
2,912 Sq Ft
40 Acres

Recently Sold

$335 Per Sq Ft

2% Below List Price

310 Days on Market

Highlights

  • Horses Allowed On Property
  • 40 Acre Lot
  • Secluded Lot
  • Primary Bedroom Suite
  • Mountain View
  • Traditional Architecture

About This Home

As of May 2025

Designed to capture the best in country living, this charming ranch-style home features 3 bedrooms and 3 bathrooms. You will enter into a covered porch, perfect for watching weather patterns, birds, and wildlife, before stepping into this welcoming home. The large kitchen is equipped with an eating island, custom cabinetry, granite countertops, and tile flooring seamlessly opening to a spacious dining/breakfast room perfect for both formal and informal entertaining. Adjacent to the kitchen is an additional sitting area with access to the rear yard and great views. The main floor and very large owner's suite boasts beautiful views and a separate sitting area. The private ensuite 5-piece bath includes a large soaking jetted tub, double sinks, and a separate water closet making this entire area the ideal, serene retreat. The expansive Great Room features a stone-faced, gas log fireplace and provides access to the rear yard, overlooking acres of open space. There is additional living in the garden level basement including a family room, 2 good sized bedrooms and a 3/4 bath. There is also a dedicated office area perfect for at-home work. The laundry room showcasing built in cabinetry and a large storage room round out this beautiful home. Experience all the outdoor living from the large stone patio to enjoy magnificent and breathtaking views of the front range. The property is exceptional for horses and livestock, complete with an amazing 1,440 sq. ft. barn featuring 3 stalls and heated watering. The detached garage offers an array of uses. Green thumbs will appreciate the greenhouse, perfect for cultivating a stunning array of flowers and plants.Fenced and cross-fenced, this property offers limitless opportunities and a unique combination of privacy with easy access to Colorado Springs, Parker, Castle Rock, and Denver, along with major highways, city amenities and the highly rated Elizabeth School District. Here you can live IN a ranch and live ON a ranch.

Last Agent to Sell the Property

Karen Miller

RE/MAX Professionals Brokerage Email: KAREN.MILLER@REMAX.NET License #268131 Listed on: 05/29/2024

RE/MAX Professionals

Last Buyer's Agent

Leanne Osgood

Osgood Team Real Estate License #100036444

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,056

Year Built

  • Built in 1976

Lot Details

  • 40 Acre Lot
  • West Facing Home
  • Property is Fully Fenced
  • Landscaped
  • Suitable For Grazing
  • Secluded Lot
  • Private Yard
  • Property is zoned A-1

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Great Room with Fireplace
  • Family Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Utility Room
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Bedroom in Basement
  • 2 Bedrooms in Basement
  • Natural lighting in basement

Home Security

  • Radon Detector
  • Carbon Monoxide Detectors

Schools

  • Singing Hills Elementary School
  • Elizabeth Middle School
  • Elizabeth High School

Farming

  • Livestock Fence
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral
  • Paddocks
  • Tack Room

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Propane
  • Well
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet

Additional Features

  • Smoke Free Home
  • Patio

Community Details

  • No Home Owners Association
  • Elizabeth Subdivision

Listing and Financial Details

  • Exclusions: Seller's personal property
  • Assessor Parcel Number R105429

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,056

Year Built

Built in 1976

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structure Type: House
  • Levels: One
  • Year Built: 1976
  • Above Grade Finished Sq Ft: 1680
  • Current Use: Agricultural, Live/Work, Livestock
  • Exclusions: Seller's personal property
  • Living Area: 2912
  • Pets Allowed: Cats OK, Dogs OK
  • Directions: -
  • SubdivisionName: ELIZABETH
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 2
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.88636
  • Attribution Contact: KAREN.MILLER@REMAX.NET
  • Special Features: VirtualTour

Interior Features

  • Appliances: Cooktop, Dishwasher, Double Oven, Dryer, Gas Water Heater, Microwave, Oven, Refrigerator, Washer
  • Fireplaces: 1
  • Interior Amenities: Built-in Features, Eat-in Kitchen, Five Piece Bath, Granite Counters, Kitchen Island, Primary Suite, Smoke Free
  • Flooring: Carpet, Tile
  • Fireplace Features: Gas Log, Great Room
  • Full Bathrooms: 2
  • Basement: Daylight, Finished, Partial
  • Basement: Yes
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1232
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Window Features: Double Pane Windows, Window Coverings

Exterior Features

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

Garage/Parking

  • Parking Features: Asphalt
  • Attached Garage: No
  • Garage Spaces: 1
  • Total Parking Spaces: 1
  • REC_ParkingCount: 1

Utilities

  • Utilities: Electricity Available, Internet Access (Wired), Propane
  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Forced Air, Propane
  • Water Source: Well
  • Security: Carbon Monoxide Detector(s), Radon Detector

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
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: Elizabeth

Lot Info

  • Horses: Yes
  • Parcel Number: R105429
  • Lot Size Acres: 40
  • Fencing: Fenced Pasture, Full
  • Building Area Total: 2912
  • Horse Amenities: Corral(s), Paddocks, Pasture, Tack Room, Well Allows For
  • Lot Features: Landscaped, Secluded, Suitable For Grazing
  • Lot Size Sq Ft: 1742400
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3056

MLS Schools

  • Elementary School: Singing Hills
  • High School: Elizabeth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
May 15, 2025
Sold by
David W Ermentraut Living Trust and Michelle Ermentraut Living Trust
Bought by
Victory Trust
Seller's Agent
Karen Miller
RE/MAX Professionals
Buyer's Agent
Leanne Osgood
Osgood Team Real Estate
List Price
$995,000
Sold Price
$975,000
Premium/Discount to List
-$20,000
-2.01%
Views
171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%
Original Mortgage
$808,000
Outstanding Balance
$808,000
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$180,538

Purchase Details

Closed on
Jun 21, 2019
Sold by
Ermentraut David W and Ermentraut Michelle
Bought by
Ermentraut David W and Ermentraut Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2015
Sold by
Ermentraut David W and Ermentraut Michelle
Bought by
David W Ermentraut Living Trust

Purchase Details

Closed on
Jul 7, 2014
Sold by
Johnson Vicki S
Bought by
Ermentraut David W and Ermentraut Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.18%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 $975,000 Colorado Professionals Title
Interfamily Deed Transfer -- Amrock
Interfamily Deed Transfer -- Amrock
Interfamily Deed Transfer -- None Available
Warranty Deed $565,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $808,000 New Conventional
Previous Owner $408,000 New Conventional
Previous Owner $437,000 New Conventional
Previous Owner $64,000 Credit Line Revolving
Previous Owner $417,000 New Conventional
Previous Owner $110,000 Credit Line Revolving
Previous Owner $260,250 Unknown
Previous Owner $47,750 Credit Line Revolving
Previous Owner $261,630 Unknown
Previous Owner $262,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Sold $975,000 -2.0% $335 / Sq Ft
03/01/2025 03/01/25 Price Changed $995,000 0.0% $342 / Sq Ft
03/01/2025 03/01/25 For Sale $995,000 +2.1% $342 / Sq Ft
10/29/2024 10/29/24 Off Market $975,000 -- --
05/29/2024 05/29/24 For Sale $1,100,000 -- $378 / 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 $3,056 $40,370 $320 $40,050
2023 $3,056 $40,370 $320 $40,050
2022 $2,332 $29,180 $310 $28,870
2021 $2,397 $30,110 $340 $29,770
2020 $2,119 $26,470 $330 $26,140
2019 $2,121 $26,470 $330 $26,140
2018 $1,867 $23,060 $310 $22,750
2017 $1,869 $23,060 $310 $22,750
2016 $1,415 $17,120 $290 $16,830
2015 $1,085 $13,320 $290 $13,030
2014 $1,085 $12,690 $270 $12,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 3040223

REcolorado®

APN: R105429