5150 Redstone Ridge Rd Monument, CO 80132
Estimated Value: $1,792,000 - $2,387,109
5
Beds
5.5
Baths
8,286
Sq Ft
$263/Sq Ft
Est. Value
Highlights
- Home fronts a pond
- 40 Acre Lot
- Deck
- Lewis-Palmer Middle School Rated A
- Fireplace in Primary Bedroom
- Property borders a national or state park
About This Home
As of July 2020This property is one of a kind! Colorado true log home with large massing, two story vaulted ceilings, custom touches throughout and views like none in town! You will arrive on your shared 1/4 mile driveway at and enter into a private paradise of 40 acres: 3 acre build site with 37 on a conservation easement donated to El Paso County! Backs to national forest making it an oasis on the mountainside! Two ponds, detached garage and lush gardens throughout! Views from five patios and decks! Walnut floors! Enter to large rooms you have dreamed of! A family room with room for several sitting areas and a game table, two story custom stone fire place with bent wood mantel and views from the Palmer Lake bluffs to Black Forest and south to Colorado Springs! Family room opens to professional kitchen with two islands, granite counters, pot filler, professional gas stove, double ovens and trash compactor! The views are amazing! Eating nook provides just the spot for morning coffee and walks out to patio or around the corner to a pocket office/back pantry. Dining room has butlers pantry and two chandeliers! Large laundry and mud bench also on main level. Upstairs loft, balcony and two matching junior master suites with sitting areas, walk in closets and cozy nooks! Walk out basement has two more bedrooms, one of which is a fourth junior master! Private movie theatre chairs and equipment is included! Another family room walks out to more views! Tons of storage! You will enjoy all the Colorado seasons from this private paradise! Fourth of July fireworks from your private setting and view of the Palmer Lake Star!
Last Agent to Sell the Property
Engel & Voelkers Pikes Peak License #100051269 Listed on: 05/08/2020
Last Buyer's Agent
Engel & Voelkers Pikes Peak License #100051269 Listed on: 05/08/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,849
Year Built
- Built in 2003
Lot Details
- 40 Acre Lot
- Home fronts a pond
- Property borders a national or state park
- Open Space
- Cul-De-Sac
- Landscaped
- Rock Outcropping
- Sloped Lot
- Many Trees
- Property is zoned RR-5
Parking
- 8 Car Attached Garage
Home Design
- Frame Construction
- Spanish Tile Roof
Interior Spaces
- 2-Story Property
- Wood Burning Fireplace
- Gas Fireplace
- Living Room with Fireplace
- 3 Fireplaces
- Laundry in unit
Kitchen
- Double Oven
- Microwave
- Dishwasher
- Trash Compactor
- Disposal
Bedrooms and Bathrooms
- Fireplace in Primary Bedroom
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- 2 Bedrooms in Basement
Outdoor Features
- Deck
- Covered patio or porch
Schools
- Bear Creek Elementary School
- Lewis-Palmer Middle School
- Lewis-Palmer High School
Utilities
- Forced Air Heating System
- Radiant Heating System
- Well
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Exclusions: Personal and staging items in the home to include stereo equipment on main level.
- Assessor Parcel Number 71000-00-345
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2020
Closed on
Jul 10, 2020
Sold by
Schmidt Connie M
Bought by
Bergmeier Gene and Buyer Brandy Bergmeier
Seller's Agent
Kathy Loidolt
Engel & Voelkers Pikes Peak
Buyer's Agent
Kathy Loidolt
Engel & Voelkers Pikes Peak
List Price
$2,100,000
Sold Price
$1,900,000
Premium/Discount to List
-$200,000
-9.52%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,703
Avg. Annual Appreciation
3.27%
Original Mortgage
$2,017,485
Interest Rate
3.1%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 13, 2013
Sold by
Schmidt Connie B
Bought by
Schmidt Leroy S and Schmidt Connie M
Purchase Details
Closed on
Aug 17, 2011
Sold by
Schmidt Leroy S
Bought by
Schmidt Connie M
Purchase Details
Closed on
May 1, 2000
Sold by
Charlie Coble and Charlie Jean
Bought by
Schmidt Leroy S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 7, 1993
Bought by
Schmidt Connie M
Similar Homes in Monument, CO
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bergmeier Gene | -- | Capstone Title Services Llc | |
| Bergmeier Gene | $1,900,000 | Capstone Title | |
| Schmidt Leroy S | -- | None Available | |
| Schmidt Connie M | -- | None Available | |
| Schmidt Leroy S | $525,000 | Security Title | |
| Schmidt Connie M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bergmeier Gene | $1,287,000 | |
| Closed | Bergmeier Gene | $2,017,485 | |
| Previous Owner | Schmidt Leroy S | $450,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2020 07/10/20 | Sold | $1,900,000 | -9.5% | $229 / Sq Ft |
| 05/31/2020 05/31/20 | Pending | -- | -- | -- |
| 05/08/2020 05/08/20 | For Sale | $2,100,000 | -- | $253 / Sq Ft |
Source: REcolorado®
Tax History Compared to Growth
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 | $9,685 | $152,120 | $27,460 | $124,660 |
| 2023 | $9,685 | $152,120 | $27,460 | $124,660 |
| 2022 | $7,413 | $109,580 | $21,200 | $88,380 |
| 2021 | $7,671 | $112,740 | $21,810 | $90,930 |
| 2020 | $6,883 | $97,020 | $19,580 | $77,440 |
| 2019 | $6,849 | $97,020 | $19,580 | $77,440 |
| 2018 | $6,058 | $81,270 | $19,710 | $61,560 |
| 2017 | $6,057 | $81,270 | $19,710 | $61,560 |
| 2016 | $5,827 | $83,510 | $21,800 | $61,710 |
| 2015 | $5,823 | $83,510 | $21,800 | $61,710 |
| 2014 | $5,749 | $78,790 | $21,800 | $56,990 |
Source: Public Records
Agents Affiliated with this Home
-
Kathy Loidolt
Seller's Agent in 2020
Kathy Loidolt
Engel & Voelkers Pikes Peak
2 in this area
179 Total Sales
Map
Source: REcolorado®
MLS Number: 8822695
APN: 71000-00-345
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