NOT LISTED FOR SALE

475 Fall River Ln Estes Park, CO 80517

Estimated Value: $752,000 - $963,796

5 Beds
3 Baths
2,796 Sq Ft
$318/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $560,000 $200 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,007/month

214 Days on Market

Highlights

  • City View
  • Deck
  • Cathedral Ceiling
  • Open Floorplan
  • Wooded Lot
  • Wood Flooring

About This Home

As of September 2019

Single family or multi-family 5 BR property by Old Man Mtn. Upper unit offers 3BR/2BA w/2-car garage & 1600 SF open floor plan. Lower unit is 2BR/1BA, 1100 SF w/full kitchen & knotty pine interior. Historic location-walk to town & 4 miles to RMNP. Forested acre lot w/abundant wildlife plus storage shed. Smart property for residential buyers to realize their dream of mountain living while earning rental income, investment or single family home. Rental income is estimated. New carpet in MB in July

Last Agent to Sell the Property

Lori Smith

First Colorado Realty Listed on: 01/09/2019

Last Buyer's Agent

Seth Hanson

Group Harmony

Group Harmony

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,497

Year Built

  • Built in 1992

Lot Details

  • 1.03 Acre Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned R-2

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,796 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Bay Window
  • Wood Frame Window
  • Dining Room
  • Home Office
  • City Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting

Schools

  • Estes Park Elementary School
  • Estes Park Middle School
  • Estes Park High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Baseboard Heating
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R1104241

Community Details

Overview

  • No Home Owners Association
  • Elkhorn Estates Subdivision

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,497

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1992
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 1.03
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: ELKHORN ESTATES
  • Directions: From the intersection of HWY 34 and HWY 36 in Estes Park travel North on Wonderview Ave for 1.6 miles, turn left onto BUS HWY 34 (Elkhorn Ave) for .2 miles. Turn right onto Fall River Lane. Property is on your right.
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2796
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: Gas Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Trash Compactor, Disposal
  • Has Basement: Full
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Wood Floors
  • Interior Amenities: Study Area, High Speed Internet, Eat-in Kitchen, Separate Dining Room, Cathedral/Vaulted Ceilings, Open Floorplan, Stain/Natural Trim
  • Window Features: Window Coverings, Wood Frames, Bay Window(s), Skylight(s)
  • Room Bedroom3 Features: Carpet
  • Dining Room Features: Carpet
  • IRESDS_HasFamilyRoom: No
  • Room Bedroom4 Level: Lower
  • Living Room Living Room Level: Main
  • Room Bedroom4 Features: Carpet
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Lower
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Bedroom5 Level: Main
  • Room Bedroom5 Features: Carpet
  • Room Kitchen Features: Wood Floor
  • Living Room Features: Carpet
  • Dining Room Dining Room Level: Main
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Sidewalks, Wooded, Rolling Slope
  • View: Foothills View, City
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Exterior Features: Lighting
  • Patio And Porch Features: Patio, Deck
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage Door Opener
  • IRESDS_GarageType: Attached

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric, Town of Estes
  • Heating: Forced Air, Baseboard
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups, Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water, District Water, Town of Estes
  • Gas Company: Natural Gas, Xcel Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Estes Park,Estes Park
  • HighSchool: Estes Park
  • Junior High Dist: Estes Park District
  • Middle Or Junior School: Estes Park

Lot Info

  • Zoning: R-2
  • Lot Size Sq Ft: 44867
  • Parcel #: R1104241
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2497

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 49896

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2019
Closed on
Sep 20, 2019
Sold by
Lovell Donna K
Bought by
Ellwood Rental Properties Llc
Seller's Agent
Lori Smith
First Colorado Realty
Buyer's Agent
Seth Hanson
Group Harmony
List Price
$595,000
Sold Price
$560,000
Premium/Discount to List
-$35,000
-5.88%
Current Estimated Value
$889,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,199
Avg. Annual Appreciation
7.87%

Purchase Details

Closed on
Jun 23, 2008
Sold by
Westley John W and Westley Connie J
Bought by
Lovell Dennis R and Lovell Donna K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,336
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2004
Sold by
Westley Family Revocable Living Trust
Bought by
Westley John W and Westley Connie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
4.57%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 3, 2004
Sold by
Westley John W and Westley Connie J
Bought by
The Westley Family Revocable Living Tr

Purchase Details

Closed on
Aug 1, 1990
Bought by
Westley John W and Westley Connie J
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
Ellwood Rental Properties Llc $560,000 None Available
Lovell Dennis R $377,000 Commonwealth Title
Westley John W -- Stewart Title
Westley John W -- Stewart Title Of Larimer Cou
The Westley Family Revocable Living Tr -- --
Westley John W $19,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lovell Dennis R $283,336
Previous Owner Westley John W $262,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2019 12/21/19 Off Market $560,000 -- --
09/20/2019 09/20/19 Sold $560,000 -5.9% $200 / Sq Ft
08/11/2019 08/11/19 For Sale $595,000 +6.3% $213 / Sq Ft
08/04/2019 08/04/19 Off Market $560,000 -- --
06/13/2019 06/13/19 Price Changed $595,000 -3.9% $213 / Sq Ft
06/04/2019 06/04/19 Price Changed $619,000 -2.5% $221 / Sq Ft
05/07/2019 05/07/19 Price Changed $635,000 -2.2% $227 / Sq Ft
03/11/2019 03/11/19 Price Changed $649,000 -1.5% $232 / Sq Ft
01/09/2019 01/09/19 For Sale $659,000 -- $236 / Sq Ft
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 $3,955 $57,680 $13,735 $43,945
2024 $3,887 $57,680 $13,735 $43,945
2022 $3,336 $43,683 $11,900 $31,783
2021 $3,501 $45,932 $12,513 $33,419
2020 $3,420 $44,302 $12,513 $31,789
2019 $2,852 $44,302 $12,513 $31,789
2018 $2,498 $31,558 $11,520 $20,038
2017 $2,511 $31,558 $11,520 $20,038
2016 $3,241 $43,167 $11,303 $31,864
2015 $3,275 $43,160 $11,300 $31,860
2014 $1,987 $26,860 $9,790 $17,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 869506

IRES MLS

APN: 35234-08-009