NOT LISTED FOR SALE

427 Drake Ranch Rd Livermore, CO 80536

Estimated Value: $117,304

5.1 Acres
$23,001 Price per Acre
222,156 Sq Ft Lot

Last Sold August 24, 2016

Last sale price $72,000

Est. 63% increase in value since last sale

Current estimated payment $661/month

363 Days on Market

Highlights

  • Horses Allowed On Property
  • Open Space
  • Satellite Dish
  • Meadow
  • Agricultural
  • Level Lot

About This Lot

As of August 2016

Beautiful property located in small gated community. The entire Drake Ranch comprises 194 acres with 9 buildable properties and 3 residual parcels restricted to agricultural use. There are 5- 5.10 acre parcels available & 2 residuals. Horses and livestock OK. LOT 3 has great building site tucked between 2 large rock outcroppings, meadow, evergreen trees and aspens. Fantastic view potential electric and phone at property. Non motorized access to national forest.Abuts residual C.

Last Agent to Sell the Property

Sue Stevens

Ponderosa Realty Associates Listed on: 07/28/2015

Last Buyer's Agent

Fred Sandal

Summit Real Estate & Marketing

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11

Lot Details

  • 5.1 Acre Lot
  • Open Space
  • Unincorporated Location
  • Rock Outcropping
  • Level Lot
  • Meadow
  • Mountainous Lot
  • Property is zoned O-open

HOA Fees

  • $38 Monthly HOA Fees

Schools

  • Livermore Elementary School
  • Cache La Poudre Middle School
  • Poudre High School

Additional Features

  • Agricultural
  • Horses Allowed On Property
  • Satellite Dish

Community Details

  • Association fees include snow removal
  • Drake Ranch Rlup Subdivision

Listing and Financial Details

  • Assessor Parcel Number R1640225

Property Details

Property Type

Land

Est. Annual Taxes

$11

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Development Status: Boundaries Marked, Covenants, Architectural Approval Required, Homeowners' Association
  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Horses: Yes
  • Lot Size Acres: 5.1
  • Subdivision Name: Drake Ranch RLUP
  • Directions: From Hwy 287 and County R 74E go west just over 14 miles at Turn Right onto Green Mountain Drive just across from Glacier View gate 8. Go to Drake Ranch Road. Gated community need to be with Realtor for access.
  • IRESDS_HasWaterRights: No
  • Special Features: None

Interior Features

  • Possible Use: Single Family
  • Interior Amenities: Satellite Avail

Exterior Features

  • Lot Features: Level, Rolling Slope, Rock Outcropping, Abuts Private Open Space, Meadow, Agricultural, Mountains, Unincorporated
  • Waterfront: No

Utilities

  • Electric: Electric
  • Utilities: Electricity Available
  • Sewer: No Water/Sewer
  • Water Source: No Water/Sewer, needs well

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal
  • Senior Community: No
  • Association Fee: 450
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: Yes

Schools

  • Elementary School: Livermore,Red Feather
  • HighSchool: Poudre
  • Junior High Dist: Poudre
  • Middle Or Junior School: Cache La Poudre

Lot Info

  • Zoning: O-open
  • Current Use: Horses
  • Lot Size Sq Ft: 222156
  • Parcel #: R1640225
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 4.48

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2015
Closed on
Jul 14, 2016
Sold by
The Hugh H & Florence J Drake Trust
Bought by
Miller Chris Daniel and Miller Doris Elaine
Seller's Agent
Sue Stevens
Ponderosa Realty Associates
Buyer's Agent
Fred Sandal
Summit Real Estate & Marketing
List Price
$75,000
Sold Price
$72,000
Premium/Discount to List
-$3,000
-4%
Current Estimated Value
$117,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,304
Avg. Annual Appreciation
5.49%
Source: Public Records

Range of Values:

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Average Value
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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
Miller Chris Daniel $72,000 North American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $72,000 -- --
08/24/2016 08/24/16 Sold $72,000 -4.0% --
07/25/2016 07/25/16 Pending -- -- --
07/28/2015 07/28/15 For Sale $75,000 -- --
Source: IRES MLS

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
2025 $11 $58 $58 --
2024 $10 $58 $58 --
2022 $11 $58 $58 $0
2021 $11 $64 $64 $0
2020 $11 $61 $61 $0
2019 $11 $61 $61 $0
2018 $10 $58 $58 $0
2017 $10 $58 $58 $0
2016 $10 $55 $55 $0
2015 $10 $60 $60 $0
2014 $9 $50 $50 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 770687

IRES MLS

APN: 29113-05-003