NOT LISTED FOR SALE

502 Spruce Lake Dr Divide, CO 80814

Estimated Value: $445,000 - $454,000

3 Beds
3 Baths
1,056 Sq Ft
$426/Sq Ft Est. Value

About This Home

This home is located at 502 Spruce Lake Dr, Divide, CO 80814 and is currently estimated at $450,110, approximately $426 per square foot. 502 Spruce Lake Dr is a home located in Teller County with nearby schools including Woodland Park Middle School and Woodland Park High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2025
Sold by
Gideon William W and Gideon Christopher R
Bought by
Cordes Jay William and Cordes Laura Yeung
Current Estimated Value
$450,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,837
Outstanding Balance
$343,837
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$106,273

Purchase Details

Closed on
Aug 26, 2019
Sold by
King Joseph C and King Cynthia L
Bought by
Gideon William W and Gideon Christopher R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,656
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 27, 2017
Sold by
Largent Jacob W
Bought by
King Josep C and King Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,101
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 29, 2015
Sold by
Mathews Kent D and Mathews Juanita L
Bought by
Largent Jacob W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2011
Sold by
Foster Ernest Milan and Foster Alycia
Bought by
Matthews Kent D and Matthews Juanita L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,850
Interest Rate
4.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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Average Value
Not Available
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
Cordes Jay William $432,500 Chicago Title
Gideon William W $295,000 Heritage Title Company
King Josep C $264,900 Unified Title Company
Largent Jacob W $250,000 Unified Title Company
Matthews Kent D $243,000 Unified Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cordes Jay William $343,837
Previous Owner Gideon William W $289,656
Previous Owner King Joseph C $266,585
Previous Owner King Josep C $260,101
Previous Owner Largent Jacob W $225,000
Previous Owner Matthews Kent D $230,850
Previous Owner Foster Ernest Milan $20,000
Previous Owner Foster Ernest Milan $113,000
Previous Owner Foster Ernest Milan $90,000
Source: Public Records

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 $2,083 $30,630 $2,505 $28,125
2023 $2,083 $30,630 $2,510 $28,120
2022 $1,530 $24,420 $1,550 $22,870
2021 $1,563 $25,120 $1,590 $23,530
2020 $1,303 $21,230 $1,740 $19,490
2019 $1,281 $21,230 $0 $0
2018 $1,170 $18,560 $0 $0
2017 $1,172 $18,560 $0 $0
2016 $1,258 $19,900 $0 $0
2015 $1,389 $22,160 $0 $0
2014 -- $18,430 $0 $0
Source: Public Records

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