$2,208,000
SOLD DEC 10, 2024

5038 County Road 140 Westcliffe, CO 81252

3 Beds
1 Bath
1,800 Sq Ft
160 Acres

Recently Sold

$1,227 Per Sq Ft

4% Below List Price

50 Days on Market

About This Home

As of December 2024

Rare expansive acreage in the Westcliffe Valley! Incredible opportunity for recreation, grazing, hay production, and one of the most breathtaking building locations in the area. This exceptional property is graced with abundant live water sources, including Hiltman and Alvarado Creek, a trout pond, springs, and seeps, creating a serene and picturesque getaway. Fully fenced with interior pastures, the land offers both security and functionality for various agricultural pursuits. The natural beauty of the property is enhanced by stunning aspen and willow groves that flank the flowing creeks with an immaculate Sangre De Cristo Mountain backdrop. Expansive hay meadows provide ample opportunities for production or grazing, supported by extensive water rights from the J Hiltman and Hiltman & Falkenberg ditches. The property includes a charming 3-bedroom home, approximately 1,800 square feet in size, with additional incredible building sites available for a larger home or lodge.

Last Agent to Sell the Property

Jerrod Meyer

Whitetail Properties Real Estate, LLC License #FA100086936 Listed on: 08/15/2024

Whitetail Properties Real Estate, LLC

Last Buyer's Agent

Jerrod Meyer

Whitetail Properties Real Estate, LLC License #FA100086936 Listed on: 08/15/2024

Whitetail Properties Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $495

Year Built

  • Built in 1940

Lot Details

  • 160 Acre Lot

Home Design

  • 1,800 Sq Ft Home
  • Ranch Style House
  • Metal Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cistern
  • Well

Listing and Financial Details

  • Assessor Parcel Number 0010181950

Home Details

Home Type

Single Family

Est. Annual Taxes

$495

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: Google Maps Link for directions:https://maps.app.goo.gl/D259phGX4LpA9Q2P8
  • Earnest Money Fee: 10000.00
  • Ernst Money Pay To: Title Company
  • Listing Member Name: Jerrod Meyer
  • Listing Office Short Id: jevans
  • List Type: Exclusive Right To Sell
  • Open House Office I D: 20210513003904024701000000
  • Prop. Type: Residential
  • Selling Member Short Id: jer
  • Selling Office Short Id: jevans
  • Building Style: Ranch
  • Assessor Parcel Number: 0010181950
  • Water Well Permit Number: 13586
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Legal Description: Sw4 Nw4 Sec 3 23 73 S2 Ne4 Nw4 Se4 Sec 4 23 73
  • Estimated Above Grade Sq Ft: 1800.00
  • Total Bathrooms: 1.00
  • Total Rooms: 5

Exterior Features

  • Roofing: Metal
  • Road: Gravel
  • Total Sq Ft: 1800.00

Utilities

  • Hot Water: Cistern, Well

Fee Information

  • Taxes: 494.92

Lot Info

  • Lot Acres: 160.00
  • Zoning: Residential

Tax Info

  • Year: 2023

Multi Family

  • Total Bedrooms: 3
  • Total Full Baths: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2024
Closed on
Dec 10, 2024
Sold by
Lrl Christian Charitable Trust
Bought by
Matthewson Donald J and Matthewson Laura R
Seller's Agent
Jerrod Meyer
Whitetail Properties Real Estate, LLC
Buyer's Agent
Jerrod Meyer
Whitetail Properties Real Estate, LLC
List Price
$2,300,000
Sold Price
$2,208,000
Premium/Discount to List
-$92,000
-4%
Views
4
Current Estimated Value
$1,179,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,028,497
Avg. Annual Appreciation
-27.22%
Original Mortgage
$1,656,000
Outstanding Balance
$1,650,293
Interest Rate
6.79%
Mortgage Type
Credit Line Revolving
Estimated Equity
$83,993

Purchase Details

Closed on
Mar 5, 2019
Sold by
Hood Frankie and Estate Of James D Hood
Bought by
Hood Frankie B

Purchase Details

Closed on
Nov 7, 1996
Sold by
Anderson Virginia
Bought by
Hood James D and Hood Frankie B

Purchase Details

Closed on
Feb 9, 1993
Sold by
Anderson Wm and Anderson Virginia
Bought by
Anderson Dorothy Virginia

Purchase Details

Closed on
Nov 21, 1990
Sold by
Schneider Frank
Bought by
Anderson Wm

Purchase Details

Closed on
Aug 6, 1986
Sold by
Schneider Frank
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Bargain Sale Deed -- Core Title
Warranty Deed $2,208,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Deed $275,000 --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,656,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2024 12/10/24 Sold $2,208,000 -4.0% $1,227 / Sq Ft
10/04/2024 10/04/24 Pending -- -- --
08/15/2024 08/15/24 For Sale $2,300,000 -- $1,278 / Sq Ft
Source: Spanish Peaks Board of REALTORS®

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 $489 $11,440 $0 $0
2023 $489 $11,440 $0 $0
2022 $743 $11,850 $4,810 $7,040
2021 $783 $11,850 $4,810 $7,040
2020 $709 $10,860 $4,560 $6,300
2019 $638 $9,830 $4,560 $5,270
2018 $609 $9,320 $4,390 $4,930
2017 $590 $5,891 $1,088 $4,803
2016 $579 $9,510 $4,120 $5,390
2015 $582 $80,428 $14,218 $66,210
2012 $541 $80,150 $12,313 $67,837
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spanish Peaks Board of REALTORS®

MLS Number: 24-826

Spanish Peaks Board of REALTORS®

APN: 0010181950