NOT LISTED FOR SALE

503 Crest Dr Cimarron, CO 81220

Estimated Value: $637,000 - $726,000

2 Beds
3 Baths
2,421 Sq Ft
$280/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $560,000 $231 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,801/month

Highlights

  • Spa
  • Deck
  • Wooded Lot
  • Fireplace in Bedroom
  • Wood Burning Stove
  • Adjacent to Greenbelt

About This Home

As of August 2022

Beautiful home sits back in a paradise of a secluded area with aspen trees. Walk into a open living room with a warm wood burning stove and cozy living room. Head into the dinning room with a newley remodeled open kitchen. New granite counter tops and a new Bosch gas cooking stove. Enjoy the back porch with a 5 seat new hot tub, rather drinking coffee in the morning or a cocktail in the evening watching all the wildlife go by. Nice master bedroom with glass sliding closet doors and cozy up to the gas fire place. Deck wraps around the house. Attached two car garage, 1 car detached garage with garage doors on each end for easy access. 1 out building that can be used for storage and or a play house with electricity. Includes a Gas log splitter and a 2014 Polaris snowmobile. Option to Buy: 2021 Northstar 4 seater Polaris with tracks and a snow blade. (20 hours). 16’ Big Tex trailer. Come relax and enjoy the mountain.

Last Agent to Sell the Property

Karri McLeod

Needlerock Mountain Realty and Land, LLC Listed on: 06/19/2022

Last Buyer's Agent

Jeri Simms

Tamarack at Arrowhead, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,301

Year Built

  • Built in 2003 | Remodeled in 2021

Lot Details

  • 1 Acre Lot
  • Adjacent to Greenbelt
  • Wooded Lot

HOA Fees

  • $40 Monthly HOA Fees

Home Design

  • Metal Roof
  • Cedar Siding
  • Stick Built Home

Interior Spaces

  • 3-Story Property
  • Furnished
  • Tongue and Groove Ceiling
  • Vaulted Ceiling
  • Wood Burning Stove
  • Living Room with Fireplace
  • Formal Dining Room
  • Finished Basement
  • Walk-Out Basement
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Compactor

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Bedroom

Parking

  • 3 Car Garage
  • Heated Garage

Outdoor Features

  • Spa
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Wood
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Tankless Water Heater
  • Propane Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Internet Available
  • Phone Available

Community Details

  • Association fees include road maintenance
  • Arrowhead Improvements Assoc. HOA

Listing and Financial Details

  • Assessor Parcel Number 398536002034

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,301

Year Built

Built in 2003 | Remodeled in 2021

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Compactor
  • Estimated Total Acres: 1
  • Class: RESIDENTIAL
  • Elevation: 93 +/-
  • Em Deposit: 7000
  • Em Holder: Title Company
  • Exterior Inclusions: Shed/Storage, Deck, Hot Tub, Balcony, Covered Porch
  • Interior Inclusions: Wood Stove, W/D Hookup, Vaulted Ceiling, Pantry, T&G Ceilings, Heated Garage
  • Legal Lot Block: LOT 11, BLOCK 4, ARROWHEAD SUBDIVISION, FILING NO. 3
  • List Price per Sq Ft: 245.77
  • Lot Dimension: 235’
  • Lot Size Acreage: 1-1.99
  • Parcel Id Number: 398536002034
  • Price Per Sq Ft: 231.31
  • Property Description: Adj to Greenbelt, Wooded Lot
  • Real Estate Included: Yes
  • Realist Id: 398536002034
  • Residence Stories: Three Story
  • Sale/Rent: For Sale
  • Siding: Cedar
  • Sold Price Sq Ft: 231.31
  • Street Descriptionaccess: Private, Gravel, Private Winter Maintenanc
  • Street Designation: Drive
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Access: Year Round
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Service: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 1301.00
  • Year Built: 2003
  • Year Renovated: 2021
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 20

Interior Features

  • Dining Room: Separate Dining
  • Dining Room: Yes
  • Bedrooms: 2
  • Flooring: Carpet-Partial, Tile
  • Estimated Total Sq Ft: 2421
  • Basement Sq Ft: 188
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 3
  • Basement Finished Sq Ft: 477
  • Fireplace Location Type: Bedroom, Living Room
  • Foundation: Basement-walk out, Basement-finished, Basement-partial finish, Insulated
  • Main Level Sq Ft: 1364
  • Master Bedrm Dimensions: 17’6” X 12’6”
  • Master Bedroom Level: Main Level
  • Total Office Den: 0
  • Upper Level Sq Ft: 1001

Exterior Features

  • Construction Type: Wood Frame
  • Exterior Structures: Garage, Shed
  • Roof: Metal

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 3

Utilities

  • Utilities: Electric, Propane-Tank Leased, Internet - DSL, Phone - Landline
  • Electric Supplier: Gunnison County Electric Association
  • Gas Supplier: Propane
  • Heating System: Forced Air, Wood Stove
  • Laundry Util Dimensions: 12’6” X 7’2”
  • Sewer Supplier: Septic
  • Water Heater: Propane Water Heater, Tankless
  • Water Supplier: Arrowhead Ranch Water Company

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Road Maintenance
  • Hoametro Fees: $480
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: Arrowhead Improvements Assoc.

Schools

  • Elementary School: Out of Area
  • Middle School: Out of Area
  • High School: Out of Area
  • High School: Out of Area

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

MLS Schools

  • Elementary School: Out of Area
  • Middle School: Out of Area

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2022
Closed on
Aug 19, 2022
Sold by
Pendleton Bruce D
Bought by
Cooper Shawn W and Cooper Mary Ann
Seller's Agent
Karri McLeod
Needlerock Mountain Realty and Land, LLC
Buyer's Agent
Jeri Simms
Tamarack at Arrowhead, Inc
List Price
$525,000
Sold Price
$560,000
Premium/Discount to List
$35,000
6.67%
Current Estimated Value
$677,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,415
Avg. Annual Appreciation
6.25%
Original Mortgage
$310,000
Outstanding Balance
$295,874
Interest Rate
5.3%
Mortgage Type
Balloon
Estimated Equity
$381,541

Purchase Details

Listed on
Jul 20, 2020
Closed on
Oct 30, 2020
Sold by
Koeltzow Donald Earl and Trosper Kathleen
Bought by
Pendleton Bruce D and Pendleton Myna K
Seller's Agent
Lucia Lebon
Arrowhead Ranch Real Estate
Buyer's Agent
Montrose NON MEMBER
NON-MEMBER/FSBO Montrose
List Price
$399,000
Sold Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.72%

Purchase Details

Closed on
Feb 11, 2016
Sold by
Koeltzow Donald E and Koeltzow Kathleen T
Bought by
The Donald Earl Koeltzow And Kathleen Tr

Purchase Details

Closed on
Oct 1, 1996
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
Cooper Shawn W $560,000 --
Pendleton Bruce D $399,000 Colorado Ttl & Closing Svcs
The Donald Earl Koeltzow And Kathleen Tr -- None Available
-- $21,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooper Shawn W $310,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2022 08/19/22 Sold $560,000 -5.9% $231 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
06/19/2022 06/19/22 Price Changed $595,000 +13.3% $246 / Sq Ft
06/19/2022 06/19/22 For Sale $525,000 +31.6% $217 / Sq Ft
10/30/2020 10/30/20 Sold $399,000 0.0% $169 / Sq Ft View Prior Sale
09/12/2020 09/12/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $399,000 -- $169 / 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 $1,855 $40,970 $5,480 $35,490
2023 $1,855 $37,280 $4,980 $32,300
2022 $1,331 $26,030 $3,650 $22,380
2021 $1,301 $26,780 $3,750 $23,030
2020 $912 $18,400 $2,140 $16,260
2019 $887 $18,400 $2,140 $16,260
2018 $1,038 $21,210 $2,700 $18,510
2017 $1,030 $21,210 $2,700 $18,510
2016 $1,404 $29,140 $3,540 $25,600
2015 -- $29,140 $3,540 $25,600
2014 -- $28,460 $4,310 $24,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 794979

Colorado Real Estate Network (CREN)

APN: R016443