$336,000
SOLD JAN 28, 2021

519 Palisade Mountain Dr Drake, CO 80515

1 Bed
1 Bath
576 Sq Ft
1.48 Acres

Recently Sold

$583 Per Sq Ft

4% Below List Price

88 Days on Market

Highlights

  • Horses Allowed On Property
  • Open Floorplan
  • Deck
  • Big Thompson Elementary School Rated A-
  • Mountain View
  • Meadow

About This Home

As of June 2025

Cozy cabin with rustic charm & spectacular views of Longs Peak & continental divide. Aprox 1.5 acre corner lot in Cedar Springs with oversized 3 car detached heated garage(1040 sq ft w/ 10x10 office) circular driveway. Beautiful hardwood floors & custom cabinets. Hearthstone gas direct vent stove warms up the whole cabin. Covered deck. New siding/windows/water heater. great producing well. Two storage sheds. Plenty of room for a garden and pets. Very low HOA. Roads maintained by Larimer county. Watch the wild life outside of your front door. Easy access to Natl Forest w/hiking & 4x4 trails nearby. Next door property also available check MLS#925065 for details.

Last Agent to Sell the Property

Javier Gomez

RE/MAX Mountain Brokers Listed on: 09/25/2020

Last Buyer's Agent

Katy Baumgaertner

C3 Real Estate Solutions, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,064

Year Built

  • Built in 1983

Lot Details

  • 1.48 Acre Lot
  • Dirt Road
  • Cul-De-Sac
  • Unincorporated Location
  • Southwest Facing Home
  • Corner Lot
  • Lot Has A Rolling Slope
  • Meadow
  • Property is zoned open

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 3 Car Detached Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Cabin
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 576 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Gas Log Fireplace
  • Window Treatments
  • Wood Frame Window
  • Mountain Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • No Interior Steps
  • Accessible Approach with Ramp

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Outdoor Storage

Schools

  • Big Thompson Elementary School
  • Clark Middle School
  • Thompson Valley High School

Utilities

  • Heating Available
  • Propane
  • Septic System
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Green Energy Fireplace or Wood Stove
  • Horses Allowed On Property

Community Details

  • Cedar Springs Subdivision

Listing and Financial Details

  • Assessor Parcel Number R0466271

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,064

Year Built

Built in 1983

Lot Details

0

HOA Fees

$2 per month

Parking

3

Listing Details

  • Year Built: 1983
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 1.48
  • Road Surface Type: Dirt
  • Subdivision Name: Cedar Springs
  • Directions: From hwy 34 & 43 intersection in Drake go West .3 mi on hwy 43. Take RT on Storm Mtn Dr & go 2 miles to "T" intersection. Take Rt and go .6 of a mile to Buff Ct. Property is at intersection of Buff Ct & Palisade Mtn Dr on the Left.
  • Above Grade Finished Sq Ft: 576
  • Architectural Style: Cabin, Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 576
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Gas Range/Oven, Refrigerator, Washer, Dryer, Microwave
  • Accessibility Features: Accessible Approach with Ramp, No Stairs
  • Has Basement: Crawl Space, Radon Unknown
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas, Gas Logs Included
  • Fireplace: Yes
  • Flooring: Wood Floors
  • Interior Amenities: Satellite Avail, High Speed Internet, Eat-in Kitchen, Open Floorplan
  • Living Area: 576
  • Window Features: Window Coverings, Wood Frames
  • Dining Room Features: Wood Floor
  • IRESDS_HasFamilyRoom: No
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 11
  • Master Bedroom Features: Carpet
  • Room Kitchen Features: Wood Floor
  • Room Living Room Area: 165
  • Living Room Features: Carpet
  • Room Kitchen Area: 66
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 132
  • Room Dining Room Area: 120
  • Master Bathroom Features: Full Primary Bath
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Corner Lot, Rolling Slope, Meadow, Unincorporated
  • View: Mountain(s)
  • Waterfront: No
  • Construction Type: Wood/Frame, Wood Siding
  • Direction Faces: Southwest
  • Other Structures: Workshop, Storage
  • Patio And Porch Features: Deck
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Garage Door Opener, Heated Garage, Oversized
  • IRESDS_Garage Sq Ft: 1040
  • IRESDS_GarageType: Detached

Utilities

  • Electric: Electric, Poudre valley
  • Heating: Wood Stove
  • Utilities: Electricity Available, Propane, Cable Available
  • Laundry Features: Washer/Dryer Hookups, Main Level
  • Heating Yn: Yes
  • Sewer: Septic
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 25
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: Yes

Schools

  • Elementary School: Big Thompson
  • HighSchool: Thompson Valley
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Clark (Walt)

Lot Info

  • Zoning: open
  • Current Use: Horses
  • Lot Size Sq Ft: 64469
  • Parcel #: R0466271
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1064.46

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2025
Closed on
Jun 27, 2025
Sold by
Anderson Bridgette Sandra
Bought by
Michiels Brooke E and Michiels Justin K
Seller's Agent
Steve Baumgaertner
C3 Real Estate Solutions, LLC
Buyer's Agent
Joy Basia
Keller Williams Top of the Rockies Real Estate
List Price
$480,000
Sold Price
$480,000
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.32%
Original Mortgage
$18,852
Outstanding Balance
$18,836
Interest Rate
6.89%
Mortgage Type
FHA
Estimated Equity
$453,558

Purchase Details

Listed on
Sep 25, 2020
Closed on
Jan 28, 2021
Sold by
Loeffler Lawrence P
Bought by
Anderson Bridgette Sandra
Seller's Agent
Javier Gomez
RE/MAX Mountain Brokers
Buyer's Agent
Katy Baumgaertner
C3 Real Estate Solutions, LLC
List Price
$350,000
Sold Price
$336,000
Premium/Discount to List
-$14,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%
Original Mortgage
$150,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1994
Sold by
Loeffler Lawrence P
Bought by
Loeffler Lawrence P

Purchase Details

Closed on
Mar 1, 1994
Sold by
Mourning Donald B
Bought by
Loeffler Lawrence P
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 Type Sale Price Title Company
Warranty Deed $480,000 Nuway Title & Escrow
Special Warranty Deed $336,000 Ascent Escrow & Title
Quit Claim Deed -- --
Warranty Deed $18,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $18,852 FHA
Open $471,306 FHA
Closed $18,852 FHA
Previous Owner $80,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Previous Owner $150,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Sold $480,000 0.0% $469 / Sq Ft
05/22/2025 05/22/25 For Sale $480,000 +42.9% $469 / Sq Ft
04/28/2022 04/28/22 Off Market $336,000 -- --
01/28/2021 01/28/21 Sold $336,000 -0.9% $583 / Sq Ft
11/05/2020 11/05/20 Price Changed $339,000 -0.3% $589 / Sq Ft
10/12/2020 10/12/20 Price Changed $340,000 -2.9% $590 / Sq Ft
09/25/2020 09/25/20 For Sale $350,000 -- $608 / Sq Ft
Source: IRES MLS

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
2025 $3,343 $35,463 $3,819 $31,644
2024 $1,906 $22,284 $3,819 $18,465
2022 $1,543 $14,838 $2,516 $12,322
2021 $1,581 $15,265 $2,588 $12,677
2020 $1,079 $10,368 $2,360 $8,008
2019 $1,064 $10,368 $2,360 $8,008
2018 $1,101 $10,231 $2,052 $8,179
2017 $985 $10,231 $2,052 $8,179
2016 $985 $10,013 $1,751 $8,262
2015 $976 $10,010 $1,750 $8,260
2014 $871 $9,060 $2,070 $6,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 925079

IRES MLS

APN: 16263-19-013