NOT LISTED FOR SALE

49 Walnut Ave Colorado Springs, CO 80905

Estimated Value: $610,000 - $663,000

3 Beds
2.5 Baths
2,254 Sq Ft
$286/Sq Ft Est. Value

Last Sold May 21, 2024

Last sale price $680,000 $302 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,723/month

4 Days on Market

Highlights

  • Water Views
  • Deck
  • Traditional Architecture
  • Lewis-Palmer Middle School Rated A
  • Meadow
  • Wood Flooring

About This Home

As of May 2024

Escape to tranquility of Palmer Lake, where this meticulously crafted custom home awaits on a spacious .31 acre lot. Built in 2005, this sanctuary offers breathtaking foothill vistas, embodying the essence of mountain living with modern convenience. Step onto the inviting front porch and be welcomed into a living space adorned with gleaming hardwood floors and a gas fireplace flanked by custom built-in cabinetry. Natural light floods the expansive kitchen, highlighting slab granite countertops, upscale cabinetry, and a charming built-in breakfast nook with ample storage.

Throughout, vibrant custom stained glass windows, custom woodwork and high-end fixtures elevate the ambiance, while the second floor boasts an oversized bedroom with dual closets, a guest bedroom, and a luxurious 5-piece bathroom with dual vanities. The lower level presents a versatile recreation room with luxury vinyl flooring, ideal for additional living space or a spacious home office, complete with patio access. An additional bedroom and bathroom allow room to expand with walk-out access to the beautiful backyard.

This eco-conscious home features central air conditioning, a seller-owned 8-panel solar panel system and a BRAND NEW ROOF installed in April 2024, ensuring both comfort and sustainability. Embrace Palmer Lake's quaint charm and nearby amenities, with easy access to Pike National Forest hiking trails, Monument and a seamless commute to Denver and Colorado Springs. Welcome to your new home and a life filled with adventure, tranquility, and the timeless beauty of Colorado.

Last Agent to Sell the Property

Tracy Ellis

eXp Realty, LLC Brokerage Phone: 720-660-4169 License #100085698 Listed on: 04/19/2024

eXp Realty, LLC

Co-Listed By

Dianne Schell

eXp Realty, LLC Brokerage Phone: 720-660-4169 License #100105495

Last Buyer's Agent

Jorgen Mandl

The Group Inc - Harmony License #100101281

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,262

Year Built

  • Built in 2005 | Remodeled

Lot Details

  • 0.31 Acre Lot
  • Dirt Road
  • Open Space
  • Property is Fully Fenced
  • Landscaped
  • Front and Back Yard Sprinklers
  • Meadow
  • Mountainous Lot
  • Private Yard
  • Garden
  • Property is zoned PUD

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Water
  • Mountain
  • Meadow

Home Design

  • Traditional Architecture
  • Victorian Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Living Room with Fireplace

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry closet
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Sump Pump
  • Stubbed For A Bathroom
  • 1 Bedroom in Basement
  • Natural lighting in basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Solar Heating System
  • Smart Irrigation

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • Ground Level

Schools

  • Palmer Lake Elementary School
  • Lewis-Palmer Middle School
  • Palmer Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Community Details

  • Pinecrest HOA
  • Pinecrest At Palmer Lake Fil Two Amd Subdivision
  • Foothills

Listing and Financial Details

  • Exclusions: Garage workbench, EV charge, lawn decor and water filtration system and personal property.
  • Assessor Parcel Number 7108114056

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,262

Year Built

Built in 2005 | Remodeled

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional, Victorian
  • Structure Type: House
  • Levels: Three Or More
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 1242
  • Entry Location: Ground
  • Exclusions: Garage workbench, EV charge, lawn decor and water filtration system and personal property.
  • Living Area: 2254
  • Pets Allowed: Yes
  • Property Condition: Updated/Remodeled
  • Directions: Follow I-25 to Exit 161/CO-105W toward Monument/Palmer Lake. Continue on CO-105 W toward Palmer Lake. Turn left onto S. Valley Road then take an immediate left onto Spring St. At stop sign, turn left to continue on Spring Street then turn right onto Walnut Ave. Property is the second house on your left.
  • SubdivisionName: Pinecrest At Palmer Lake Fil Two Amd
  • Co List Office Mls Id: RECEXPCO
  • Co List Office Phone: 888-440-2724
  • Ownership: Individual
  • Property Attached Yn: No
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 1
  • REC_BelowGradeUnfinishedArea: 54.00
  • REC_ExpectedActiveDate: 2024-04-19
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 1
  • REC_UpperLevelBedrooms: 2
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.97143
  • Attribution Contact: 720-660-4169
  • Special Features: VirtualTour

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Oven, Refrigerator, Sump Pump, Washer
  • Fireplaces: 1
  • Interior Amenities: Breakfast Nook, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Five Piece Bath, Granite Counters, High Ceilings, Pantry, Walk-In Closet(s)
  • Flooring: Carpet, Vinyl, Wood
  • Fireplace Features: Gas, Living Room
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full, Interior Entry, Sump Pump, Walk-Out Access
  • Basement: Yes
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1012
  • Main Level Bathrooms: 1
  • Window Features: Double Pane Windows, Window Coverings

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame
  • View: Meadow, Mountain(s), Water
  • Exterior Features: Garden, Private Yard, Smart Irrigation
  • Patio and Porch Features: Covered, Deck, Front Porch, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Dirt

Garage/Parking

  • Parking Features: Concrete
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas, Solar
  • Water Source: Public
  • Laundry Features: Laundry Closet
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Condo/Co-op/Association

  • Association Name: Pinecrest HOA
  • Association Fee Frequency: Annually
  • Association Fee: 120
  • Phone: 999-999-9999
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 120.00
  • REC_AssociationFeeTotalAnnual: 120.00
  • REC_AssociationManagementType: Voluntary
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: Lewis-Palmer

Lot Info

  • Parcel Number: 7108114056
  • Lot Size Acres: 0.31
  • Fencing: Full
  • Building Area Total: 2308
  • Lot Features: Foothills, Irrigated, Landscaped, Meadow, Mountainous, Open Space, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 13503.6
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: HVAC

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2262

MLS Schools

  • Elementary School: Palmer Lake
  • High School: Palmer Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
May 15, 2024
Sold by
Skahill Eileen L
Bought by
Campbell Frederick and Johnston Jenavieve
Seller's Agent
Tracy Ellis
eXp Realty, LLC
Buyer's Agent
Jorgen Mandl
The Group Inc - Harmony
List Price
$700,000
Sold Price
$680,000
Premium/Discount to List
-$20,000
-2.86%
Views
62
Current Estimated Value
$645,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,660
Avg. Annual Appreciation
-3.10%
Original Mortgage
$676,773
Outstanding Balance
$668,518
Interest Rate
6.88%
Mortgage Type
VA
Estimated Equity
-$14,978

Purchase Details

Closed on
Oct 25, 2013
Sold by
Stingley Steven F and Winter Stingley Mary
Bought by
Skahill Eileen

Purchase Details

Closed on
Oct 7, 2010
Sold by
Chase Wendy K and Jacobus Keith K
Bought by
Stingley Steven F and Winter Stingley Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2005
Sold by
49 Walnut Avenue Llc
Bought by
Chase Wendy K and Jacobus Keith K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 23, 2004
Sold by
Chase Wendy K and Jacobus Keith K
Bought by
49 Walnut Avenue Llc

Purchase Details

Closed on
Jun 25, 2003
Sold by
Pine Crest At Palmer Lake Inc
Bought by
Chase Wendy K and Jacobus Keith K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,040
Interest Rate
6.5%
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
Campbell Frederick $680,000 Chicago Title
Skahill Eileen $308,500 Fidelity National Title Insu
Stingley Steven F $300,000 Land Title Guarantee Company
Chase Wendy K -- Fahtco
49 Walnut Avenue Llc -- --
Chase Wendy K $51,300 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell Frederick $676,773
Previous Owner Stingley Steven F $240,000
Previous Owner Chase Wendy K $252,000
Previous Owner Chase Wendy K $31,000
Previous Owner Chase Wendy K $265,000
Previous Owner 49 Walnut Ave Llc $217,300
Previous Owner Chase Wendy K $41,040
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2024 05/21/24 Sold $680,000 -2.9% $302 / Sq Ft
04/19/2024 04/19/24 For Sale $700,000 -- $311 / 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
2025 $2,368 $43,780 -- --
2024 $2,263 $38,440 $6,540 $31,900
2023 $2,263 $38,440 $6,540 $31,900
2022 $2,402 $34,290 $4,940 $29,350
2021 $2,501 $35,280 $5,090 $30,190
2020 $2,160 $29,280 $4,580 $24,700
2019 $2,150 $29,280 $4,580 $24,700
2018 $1,938 $25,050 $4,610 $20,440
2017 $1,943 $25,050 $4,610 $20,440
2016 $1,915 $24,080 $5,100 $18,980
2015 $1,673 $24,080 $5,100 $18,980
2014 $1,707 $21,900 $5,100 $16,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 1910489

REcolorado®

APN: 71081-14-056