NOT LISTED FOR SALE

4511 Parmalee Gulch Rd Indian Hills, CO 80454

Estimated Value: $557,000 - $652,000

3 Beds
1.5 Baths
1,408 Sq Ft
$430/Sq Ft Est. Value

Last Sold December 18, 2023

Last sale price $475,000 $337 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,555/month

6 Days on Market

Highlights

  • Horses Allowed On Property
  • Pine Trees
  • View of Meadow
  • Parmalee Elementary School Rated A-
  • Meadow
  • 5-minute walk to Arrowhead Community Park

About This Home

As of December 2023

Close-in horse property on 1.4 acres! This property is a blank canvas, waiting to be reimagined, either as a renovation or scrape. Fantastic setting is the perfect combination of alpine beauty and open meadows. The parcel includes mature spruce trees surrounding the house, and open pasture land for the remainder of the lot. The fenced pasture has a two-stall loafing shed. Amazing mountain setting, but only 11 minutes to Red Rocks Amphitheatre, downtown Evergreen, or C-470 and Highway 285. 30 minutes to downtown Denver. Just down the road from the famous Sit N Bull Saloon. 6 minutes to hiking and mountain biking at Mt. Falcon Park. Easy access to I-70 and all the recreation the Colorado mountains have to offer. The property was originally built in 1956 as a 2 bedroom, 1 bath home. A one-car attached garage was added later, then converted into a bedroom with en-suite half bath. There are 3 steps down from ground level to the primary bedroom addition. There have been very few updates since the 1970’s. The property to be sold in as-is condition. Oversized 2 car detached garage (with work/storage room), plus a 20x30 workshop which was built in 2017. Storage cellar under the garage. Parmalee Gulch Road is a well maintained, paved county road, so year-round access and travel is a breeze. This home is on a well, with a septic system, and has natural gas (not propane). The septic system has been pumped and inspected, and the seller will provide a septic use permit to the buyer at closing. This home and parcel provides a rare opportunity to find a mountain horse property so close to the Metro area at an amazing price.

Last Agent to Sell the Property

Mike Farr

Karis Properties Denver Brokerage Email: mike@karisdenver.com,303-946-9411 License #01313979 Listed on: 09/15/2023

Last Buyer's Agent

Mike Farr

Karis Properties Denver Brokerage Email: mike@karisdenver.com,303-946-9411 License #01313979 Listed on: 09/15/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,508

Year Built

  • Built in 1956

Lot Details

  • 1.4 Acre Lot
  • East Facing Home
  • Year Round Access
  • Natural State Vegetation
  • Lot Has A Rolling Slope
  • Meadow
  • Pine Trees
  • Many Trees
  • Property is zoned MR-3

Parking

  • 2 Car Garage
  • Exterior Access Door
  • Dirt Driveway

Property Views

  • Meadow
  • Valley

Home Design

  • Fixer Upper
  • Frame Construction
  • Composition Roof
  • Metal Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,408 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Parmalee Elementary School
  • West Jefferson Middle School
  • Conifer High School

Farming

  • Livestock Fence
  • Loafing Shed

Utilities

  • No Cooling
  • Floor Furnace
  • Heating System Uses Natural Gas
  • 220 Volts
  • Natural Gas Connected
  • Well
  • Gas Water Heater
  • Septic Tank

Additional Features

  • Covered Patio or Porch
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Indian Hills Subdivision
  • Foothills

Listing and Financial Details

  • Assessor Parcel Number 047149

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,508

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: One
  • Year Built: 1956
  • Above Grade Finished Sq Ft: 1408
  • Exclusions: none
  • Living Area: 1408
  • Property Condition: Fixer
  • Directions: Google maps will take you there.
  • SubdivisionName: Indian Hills
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 1.18750
  • Attribution Contact: mike@karisdenver.com,303-946-9411
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Gas Water Heater, Microwave, Range, Washer
  • Fireplaces: 1
  • Flooring: Carpet, Laminate, Wood
  • Fireplace Features: Living Room, Wood Burning
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Basement: No
  • Total Bedrooms: 3
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3

Exterior Features

  • Direction Faces: East
  • Roof: Composition, Metal
  • Construction Materials: Frame, Vinyl Siding, Wood Siding
  • View: Meadow, Valley
  • Patio and Porch Features: Covered, Front Porch
  • Road Frontage Type: Public, Year Round
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Driveway-Dirt, Exterior Access Door
  • Attached Garage: No
  • Garage Spaces: 2
  • Total Parking Spaces: 5
  • REC_ParkingCount: 2

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Floor Furnace, Natural Gas
  • Water Source: Well
  • Electric: 220 Volts

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: West Jefferson

Lot Info

  • Horses: Yes
  • Parcel Number: 047149
  • Lot Size Acres: 1.4
  • Fencing: Fenced Pasture
  • Building Area Total: 1408
  • Horse Amenities: Loafing Shed
  • Lot Features: Foothills, Many Trees, Meadow, Rolling Slope
  • Lot Size Sq Ft: 60984
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2508

MLS Schools

  • Elementary School: Parmalee
  • High School: Conifer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Dec 18, 2023
Sold by
Lewis Brian W and Lewis Christine Louise
Bought by
Kidd Patrick J and Kidd Dawn M
Seller's Agent
Mike Farr
Karis Properties Denver
Buyer's Agent
Mike Farr
Karis Properties Denver
List Price
$400,000
Sold Price
$475,000
Premium/Discount to List
$75,000
18.75%
Views
121
Current Estimated Value
$606,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,045
Avg. Annual Appreciation
12.68%

Purchase Details

Closed on
Oct 11, 2022
Sold by
Cowles Russell H
Bought by
Cowles Russell H and Lewis Brian W

Purchase Details

Closed on
Sep 9, 2004
Sold by
Russell Hardy Cowles Living Trust
Bought by
Cowles Russell H

Purchase Details

Closed on
Feb 14, 2000
Sold by
Cowels Russell H
Bought by
Cowles Russell H and Hicks Laura Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
8.16%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Kidd Patrick J $475,000 Land Title Guarantee
Cowles Russell H -- None Listed On Document
Cowles Russell H -- --
Russell Hardy Cowles Living Trust -- --
Cowles Russell H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cowles Russell H $10,000
Previous Owner Cowles Russell H $23,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2023 12/18/23 Sold $475,000 0.0% $337 / Sq Ft
09/23/2023 09/23/23 Pending -- -- --
09/22/2023 09/22/23 Off Market $475,000 -- --
09/16/2023 09/16/23 For Sale $400,000 -- $284 / 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 $3,110 $35,142 $11,990 $23,152
2023 $3,110 $35,142 $11,990 $23,152
2022 $2,508 $28,840 $7,744 $21,096
2021 $2,513 $29,670 $7,967 $21,703
2020 $2,269 $27,376 $7,894 $19,482
2019 $2,227 $27,376 $7,894 $19,482
2018 $1,723 $22,239 $6,007 $16,232
2017 $1,577 $22,239 $6,007 $16,232
2016 $1,397 $20,512 $7,418 $13,094
2015 $1,182 $20,512 $7,418 $13,094
2014 $1,182 $17,951 $6,990 $10,961
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 6450510

REcolorado®

APN: 50-071-02-005