NOT LISTED FOR SALE

501 Last Chance Dr Creede, CO 81130

Estimated Value: $342,000 - $736,000

2 Beds
1 Bath
900 Sq Ft
$537/Sq Ft Est. Value

Last Sold September 26, 2022

Last sale price $325,000 $361 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,622/month

Highlights

  • 12.34 Acre Lot
  • Wooded Lot
  • 1-Story Property
  • Wood Burning Stove
  • Furnished

About This Home

As of September 2022

Own a piece of history when you purchase the Happy Thought mining claim. This 12-acre claim is located on the Last Chance Mine Road off the Bachelor Loop Road in the southern San Juan Mountains of Creede, Colorado. Easy access is afforded from Creede via Forest Road 504, just about a 12 minute drive from Creede. Using the 'barndominium' concept this unique cabin sits high on Bachelor with unbeatable views of the LaGartia Mountains. It is a 2 bedroom one bath home with a sleeping loft for extra guests. It is completely off the grid with a solar unit for power, propane appliances and a wood stove for heat. National forest land is close for hunting and fishing, sight seeing, hiking, mountain biking, ATV riding, and enjoying the outdoors!

Last Agent to Sell the Property

Anne Pizel

Broken Arrow Ranch & Land Company Listed on: 06/28/2022

Last Buyer's Agent

Anne Pizel

Broken Arrow Ranch & Land Company Listed on: 06/28/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $785

Year Built

  • Built in 2018

Lot Details

  • 12.34 Acre Lot
  • Wooded Lot

Home Design

  • Metal Roof
  • Metal Siding
  • Stick Built Home

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Wood Burning Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Creede K-6 Elementary School
  • Creede 7-12 Middle School
  • Creede 7-12 High School

Utilities

  • Heating System Uses Wood
  • Heating System Uses Propane
  • Septic Tank
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 476314100052

Home Details

Home Type

Single Family

Est. Annual Taxes

$785

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Estimated Total Acres: 12.34
  • Class: RESIDENTIAL
  • Em Deposit: 3500
  • Em Holder: Allpine Title
  • Legal Lot Block: Tract 3 Reconfiguration of the Happy Thought #7785 and New Discovery #7464 and Golden Eagle
  • List Price per Sq Ft: 375
  • Lot Size Acreage: 10 - 19.99
  • Parcel Id Number: 476314100052
  • Price Per Sq Ft: 361.11
  • Property Description: Wooded Lot
  • Real Estate Included: Yes
  • Realist Id: 476314100052
  • Residence Stories: One Story, Loft
  • Sale/Rent: For Sale
  • Siding: Metal
  • Sold Price Sq Ft: 361.11
  • Street Designation: Drive
  • Type: Stick Built
  • Internet Service Avail: Yes
  • Total Taxes Dollar: 785
  • Year Built: 2018
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 172260

Interior Features

  • Bedrooms: 2
  • Estimated Total Sq Ft: 900
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Fireplace Location Type: Woodstove
  • Total Office Den: 0

Exterior Features

  • Construction Type: Wood
  • Roof: Metal

Utilities

  • Electric Supplier: Solar
  • Gas Supplier: Propane
  • Heating System: Wood Stove
  • Sewer Supplier: Septic

Schools

  • Elementary School: Creede K-6
  • Middle School: Creede 7-12
  • High School: Creede 7-12
  • High School: Creede 7-12

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

MLS Schools

  • Elementary School: Creede K-6
  • Middle School: Creede 7-12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2022
Closed on
Sep 21, 2022
Sold by
Mitchell Cameron W and Mitchell Tiffany G
Bought by
Laing James D and Laing James D
Seller's Agent
Anne Pizel
Broken Arrow Ranch & Land Company
Buyer's Agent
Anne Pizel
Broken Arrow Ranch & Land Company
List Price
$337,500
Sold Price
$325,000
Premium/Discount to List
-$12,500
-3.7%
Current Estimated Value
$483,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,534
Avg. Annual Appreciation
8.50%
Original Mortgage
$315,250
Outstanding Balance
$305,673
Interest Rate
6.11%
Mortgage Type
Construction
Estimated Equity
$108,791

Purchase Details

Closed on
Jan 5, 2017
Sold by
Wunderlich Mary L
Bought by
Wade Mitchell Cameron and Reeves Darren Warren
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
Laing James D $325,000 Simplifile Lc E-Recording
Wade Mitchell Cameron $55,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laing James D $315,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2022 09/26/22 Sold $325,000 -3.7% $361 / Sq Ft
07/28/2022 07/28/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $337,500 -- $375 / 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 $556 $12,517 $4,636 $7,881
2023 $549 $8,832 $3,271 $5,561
2022 $741 $11,691 $4,809 $6,882
2021 $785 $12,027 $4,947 $7,080
2020 $778 $12,027 $4,947 $7,080
2019 $1,298 $20,065 $20,065 $0
2018 $85 $1,313 $1,313 $0
2017 $86 $1,313 $1,313 $0
2016 $64 $982 $982 $0
2015 $64 $982 $982 $0
2014 $64 $982 $982 $0
2012 $50 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Anne Pizel

    Seller's Agent in 2022

    Anne Pizel

    Broken Arrow Ranch & Land Company

    (719) 849-3298

    246 Total Sales

    Anne Pizel
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 795442

Colorado Real Estate Network (CREN)

APN: 476314100052

Colorado Mineral County Creede 81130

501 Last Chance Dr, Creede, CO

This home is located at 501 Last Chance Dr, Creede, CO 81130 since 28 June 2022 and is currently estimated at $483,534, approximately $537 per square foot. This property was built in 2018. 501 Last Chance Dr is a home located in Mineral County with nearby schools including Creede Middle/High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Colorado Real Estate Network (CREN) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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