NOT LISTED FOR SALE

406 Northlake Ave Pagosa Springs, CO 81147

Estimated Value: $1,427,000 - $1,640,000

3 Beds
3.5 Baths
4,562 Sq Ft
$330/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $1,428,000 $313 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $35,436/month

173 Days on Market

Highlights

  • Fitness Center
  • Spa
  • Mountain View
  • Pagosa Springs Middle School Rated 9+
  • 2.24 Acre Lot
  • Clubhouse

About This Home

As of August 2024

Welcome to your mountain paradise! This home offers the perfect blend of luxury, natural beauty and views in every direction of both east and north ranges and picture-perfect framed views of Pagosa Peak. As you step inside, you'll be greeted by an abundance of natural light pouring in through large windows that frame the majestic landscapes surrounding the home. Spacious living areas thoughtfully designed to capitalize on functional and relaxing space. The family room is perfect for entertaining guests, taking in a movie, reading a good book or just taking in the beauty of the San Juans. A double-sided fireplace separates the family room and living room providing a warm and inviting ambiance. The expansive kitchen is a chef's dream, complete with marble counters, a kitchen island, walk-in pantry, and high-end appliances from Bosch, Viking, and Jenn-air; and of course AMAZING views. The large primary bedroom is a sanctuary with a large soaking tub and a ginormous walk-in closet that includes its own washer and dryer, plus an AC mini-split for comfort. Upstairs, a flexible space awaits your imagination, perfect for a home office or game room. For added comfort, the home features beautiful engineered wood flooring with in-floor heat, providing allergy-friendly living and toasty toes during the winter months. Additional highlights include an oversized garage and a large workshop, perfect for the “maker” or storing mountain toys and gear, as well as a paved road and asphalt driveway for clean and easy access. Step outside and unwind in the hot tub under the stars or explore the 160 acres of greenspace bordering the property, complete with scenic walking trails - great for the 4-leggeds! Walk over to trout-stocked North Village Lake for some fishing, paddle boarding or kayaking. You can even keep your kayak right at the lakeshore. You will also have access to an 3 other private Pagosa Lakes. A quick bike ride will have you at the Ralph Eaton Rec center with its pool, workout facility, exercise classes and of course... pickleball. 5 minutes to Pagosa Golf Course, Pagosa Medical Center, groceries, coffee shops and restaurants. Bike paths in every direction and nearby access to the San Juan National forest gates for biking, hiking and riding. Historic Downtown Pagosa Springs is just 10 minutes away where you can soak in the famous Pagosa Hot Springs or take in one of the many small town Pagosa events locals love! Surrounded by homes on large lots, this mountain retreat offers ample privacy and space, making it the ultimate mountain oasis.

Last Agent to Sell the Property

Michael Heraty

Engel & Völkers Listed on: 02/02/2024

Engel & Völkers

Last Buyer's Agent

Lauri Heraty

Engel & Völkers

Engel & Völkers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,607

Year Built

  • Built in 1999 | Remodeled in 2021

Lot Details

  • 2.24 Acre Lot
  • Open Space
  • Partially Fenced Property

HOA Fees

  • $27,104 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Metal Roof
  • Wood Siding
  • Stone Siding
  • Stick Built Home
  • Stucco

Interior Spaces

  • 4,562 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Mud Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Game Room
  • Mountain Views
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Double Convection Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio
  • Gazebo
  • Separate Outdoor Workshop

Location

  • Property is near a golf course

Schools

  • Pagosa Springs K-4 Elementary School
  • Pagosa Springs 5-8 Middle School
  • Pagosa Springs 9-12 High School

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 569917313015

Community Details

Overview

  • Association fees include fishing rights
  • The Ranch Community HOA
  • The Ranch Community 03 Cnty Code 00294 Subdivision

Amenities

  • Clubhouse

Recreation

  • Racquetball
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,607

Year Built

Built in 1999 | Remodeled in 2021

Lot Details

0

HOA Fees

$27,104 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Microwave, Double Oven, Oven-Convection
  • Estimated Total Acres: 2.24
  • Class: RESIDENTIAL
  • Common Facilities: Club House, Pool, Racquet Ball, Fitness Facility
  • Em Deposit: 25,000
  • Em Holder: High Country Title, Inc.
  • Exterior Inclusions: Patio, Hot Tub
  • Interior Inclusions: Vaulted Ceiling, Granite Counters, Pantry, Hot Tub, Central Vacuum, Air Lock Entry, Game Room, Mud Room
  • Legal Lot Block: TRC - Lot 35 - SUBDIVISION: THE RANCH COMMUNITY LOT: 35 TRC SEC: 17 TWN: 35 RNG: 2W
  • Lot Size Acreage: 2-4.99
  • Parcel Id Number: 569917313015
  • Price Per Sq Ft: 313.02
  • Property Description: Golf Course Near, Adj to Open Space
  • Real Estate Included: Yes
  • Residence Stories: Two Story
  • Residence Style: Contemporary
  • Sale/Rent: For Sale
  • Siding: Stone, Stucco, Wood
  • Sold Price Sq Ft: 313.02
  • Street Descriptionaccess: County
  • Street Designation: Avenue
  • Tax Account Id: R008391
  • Zoning: Residential Single Family
  • Type: Stick Built
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Provider: Visionary
  • Internet Service: Yes
  • Total Taxes Dollar: 5606.68
  • Year Built: 1999
  • Year Renovated: 2021
  • Foreign Owned Y N: No
  • Prop Description Remarks: Welcome to your mountain paradise! This home offers the perfect blend of luxury, natural beauty and views in every direction of both east and north ranges and picture-perfect framed views of Pagosa Peak. As you step inside, you'll be greeted by an abundance of natural light pouring in through large windows that frame the majestic landscapes surrounding the home. Spacious living areas thoughtfully designed to capitalize on functional and relaxing space. The family room is perfect for entertaining guests, taking in a movie, reading a good book or just taking in the beauty of the San Juans. A double-sided fireplace separates the family room and living room providing a warm and inviting ambiance. The expansive kitchen is a chef's dream, complete with marble counters, a kitchen island, walk-in pantry, and high-end appliances from Bosch, Viking, and Jenn-air; and of course AMAZING views. The large primary bedroom is a sanctuary with a large soaking tub and a ginormous walk-in closet that includes its own washer and dryer, plus an AC mini-split for comfort. Upstairs, a flexible space awaits your imagination, perfect for a home office or game room. For added comfort, the home features beautiful engineered wood flooring with in-floor heat, providing allergy-friendly living and toasty toes during the winter months. Additional highlights include an oversized garage and a large workshop, perfect for the “maker” or storing mountain toys and gear, as well as a paved road and asphalt driveway for clean and easy access. Step outside and unwind in the hot tub under the stars or explore the 160 acres of greenspace bordering the property, complete with scenic walking trails - great for the 4-leggeds! Walk over to trout-stocked North Village Lake for some fishing, paddle boarding or kayaking. You can even keep your kayak right at the lakeshore. You will also have access to an 3 other private Pagosa Lakes. A quick bike ride will have you at the Ralph Eaton Rec center with its pool, workout facility, exercise classes and of course… pickleball. 5 minutes to Pagosa Golf Course, Pagosa Medical Center, groceries, coffee shops and restaurants. Bike paths in every direction and nearby access to the San Juan National forest gates for biking, hiking and riding. Historic Downtown Pagosa Springs is just 10 minutes away where you can soak in the famous Pagosa Hot Springs or take in one of the many small town Pagosa events locals love! Surrounded by homes on large lots, this mountain retreat offers ample privacy and space, making it the ultimate mountain oasis.
  • Subdv Name: The Ranch Community - 03 Cnty Code 00294
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Breakfast Nook, Separate Dining
  • Bedrooms: 3
  • Flooring: Carpet-Partial, Hardwood, Tile
  • Estimated Total Sq Ft: 4562
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 4
  • Fireplace Location Type: Living Room
  • Foundation: Crawl Space
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Fence: Partial Property
  • Construction Type: Wood Frame
  • Exterior Structures: Gazebo, Workshop
  • Roof: Metal
  • Views: Mountains

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Electric, Natural Gas, Internet - DSL, Phone - Cell Reception
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Black Hills Energy
  • Heating System: Floor Radiant
  • Sewer Supplier: Pagosa Area Water and Sanitation
  • Water Heater: Gas Water Heater
  • Water Supplier: Pagosa Area Water and Sanitation

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Fishing Rights
  • Hoametro Fees: $325/$250
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: The Ranch Community

Schools

  • High School: Pagosa Springs 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Pagosa Springs K-4
  • Middle School: Pagosa Springs 5-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Aug 30, 2024
Sold by
Cowling Edgar W and Cowling Diane M
Bought by
Deo Gratias Living Trust
Seller's Agent
Michael Heraty
Engel & Völkers
Buyer's Agent
Lauri Heraty
Engel & Völkers
List Price
$1,700,000
Sold Price
$1,428,000
Premium/Discount to List
-$272,000
-16%
Views
45
Current Estimated Value
$1,504,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,510
Avg. Annual Appreciation
4.60%

Purchase Details

Listed on
Jul 22, 2020
Closed on
Sep 1, 2020
Sold by
Sowerby John C and Sowerby Sherida B
Bought by
Cowling Edgar W and Cowling Diane M
Seller's Agent
Michael Heraty
Engel & Völkers
Buyer's Agent
Michael Heraty
Engel & Völkers
List Price
$989,000
Sold Price
$964,275
Premium/Discount to List
-$24,725
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.31%
Original Mortgage
$494,275
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2013
Sold by
Alspach Richard C and Alspach Phyllis A
Bought by
Sowerby John C and Sowerby Sherida B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2004
Sold by
Alspach Richard C and Alspach Phyllis A
Bought by
In Alspach Richard C and In Phyllis A As Ten

Purchase Details

Closed on
Nov 30, 1998
Sold by
Cassidy Thomas Patrick and Cassidy Georgina M
Bought by
Alspach Richard C and Alspach Phyllis A

Purchase Details

Closed on
Oct 1, 1994
Sold by
Grant William T and Grant Mary Ellen
Bought by
Cassidy Thomas Patrick and Cassidy Georgina M

Purchase Details

Closed on
Apr 15, 1989
Sold by
Hatchard Charles L
Bought by
Ma Grant William T and Ma Grant

Purchase Details

Closed on
Sep 5, 1981
Sold by
Eic
Bought by
Johanning

Purchase Details

Closed on
Sep 1, 1981
Sold by
Fpi
Bought by
Hatchard Charles L
Source: Public Records

Range of Values:

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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
Deo Gratias Living Trust $1,428,000 None Listed On Document
Cowling Edgar W $964,275 High Country Title
Sowerby John C $660,000 Colorado Land Title Co
In Alspach Richard C -- --
Alspach Richard C $55,900 --
Cassidy Thomas Patrick $45,000 --
Ma Grant William T $42,500 --
Johanning $41,400 --
Hatchard Charles L $41,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cowling Edgar W $494,275
Previous Owner Sowerby John C $528,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2024 08/30/24 Sold $1,428,000 -4.5% $313 / Sq Ft
07/24/2024 07/24/24 Pending -- -- --
07/12/2024 07/12/24 Price Changed $1,495,000 -12.1% $328 / Sq Ft
02/02/2024 02/02/24 For Sale $1,700,000 +76.3% $373 / Sq Ft
09/01/2020 09/01/20 Sold $964,275 -2.5% $211 / Sq Ft View Prior Sale
07/22/2020 07/22/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $989,000 -- $217 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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 $5,014 $82,740 $18,350 $64,390
2023 $5,014 $82,740 $18,350 $64,390
2022 $3,208 $49,350 $6,810 $42,540
2021 $3,479 $50,770 $7,010 $43,760
2020 $3,773 $54,230 $8,460 $45,770
2019 $3,724 $54,230 $8,460 $45,770
2018 $4,026 $53,390 $10,720 $42,670
2017 $3,530 $53,390 $10,720 $42,670
2016 $3,572 $53,350 $11,850 $41,500
2015 -- $53,350 $11,850 $41,500
2014 -- $58,290 $10,660 $47,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 810611

Colorado Real Estate Network (CREN)

APN: 569917313015