NOT LISTED FOR SALE

521 Andes Rd Cripple Creek, CO 80813

Estimated Value: $521,000 - $546,000

3 Beds
2 Baths
1,632 Sq Ft
$328/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $565,000 $346 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,909/month

6 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Loft
  • 1.01 Acre Lot
  • Wood Flooring
  • Furnished

About This Home

As of June 2023

Quintessential Colorado log cabin surrounded by natural beauty! Tucked away on a quiet cul-de-sac in Cripple Creek Mountain Estate sits this lovely home that has spectacular views of the Sangre de Cristo Mountains and Pikes Peak both inside and out. Step inside the front door and be immediately wowed by the soaring 20-foot tongue and grove ceilings, abundant natural light, beautiful hardwood floors and walls. The spacious open concept floorplan connects to the wraparound deck via 2 sets of new sliding glass doors for a seamless transition to outdoor entertaining. Gather around the cozy electric fireplace in the living room on a chilly evening or try out a new recipe from the kitchen that has updated appliances and an island. The main floor is completed by a full bathroom and a sprawling bedroom with 3 closets. The private primary retreats takes up the entire second floor and delights with breathtaking mountain views, a bathroom, a flexible loft space, and vast bedroom with 2 closets. Renovated in 2017, the finished walk-out basement provides excellent additional living space with a non-conforming bedroom, the laundry room, and an expansive family room that connects to the covered patio via oversized sliding glass doors. Situated on 1 acre, the outdoor space offers peace and solitude as well as low-maintenance native landscaping and mature trees. This gem serves as the perfect home base for hiking, fly fishing, and wildlife viewing with Horsethief Park and miles of trails found nearby. Also nearby is the lovely community center that features an indoor pool, gym, clubhouse, tennis courts, and park. Don't miss out on this fantastic investment opportunity: the property taxes are very low, the home has a proven short-term rental history (see the supplements section for the numbers) and comes fully-furnished!

Last Agent to Sell the Property

Mercede Ragghianti

Redfin Corporation License #100055635 Listed on: 05/16/2023

Redfin Corporation

Last Buyer's Agent

Chad Rocke

eXp Realty, LLC License #100091512

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $904

Year Built

  • Built in 1992

Lot Details

  • 1.01 Acre Lot

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Metal Roof
  • Log Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Electric Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Loft
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Finished Basement

  • Walk-Out Basement
  • 1 Bedroom in Basement

Schools

  • Cresson Elementary School
  • Cripple Creek-Victor Middle School
  • Cripple Creek-Victor High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number R0009418

Community Details

Overview

  • Cripple Creek Mountain Estates Association, Phone Number (719) 689-2549
  • Cripple Creek Mountain Estates Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$904

Year Built

Built in 1992

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: Two
  • Year Built: 1992
  • Above Grade Finished Sq Ft: 1224
  • Exclusions: None
  • Living Area: 1632
  • Directions: From the Cripple Creek Mountain Estate Country Club head northwest on Teller County Rd 1 for about half a mile. Turn left onto Andes Rd and the home will be on your right at the end of the cul-de-sac.
  • SubdivisionName: Cripple Creek Mountain Estates
  • Ownership: Individual
  • REC_BasementLevelBedrooms: 1
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 1
  • REC_UpperLevelBedrooms: 1
  • REC_WaterIncludedYN: 1
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Flooring: Carpet, Wood
  • Fireplace Features: Electric
  • Full Bathrooms: 1
  • Basement: Finished, Walk-Out Access
  • Basement: Yes
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 408
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1

Exterior Features

  • Roof: Metal
  • Construction Materials: Log

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Cripple Creek Mountain Estates
  • Association Fee Frequency: Annually
  • Association Amenities: Clubhouse, Fitness Center, Pool, Tennis Court(s), Trail(s)
  • Association Fee: 248
  • Phone: 719-689-2549
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 248.00
  • REC_AssociationFeeTotalAnnual: 248.00
  • REC_AssociationManagementType: Professionally Managed

Schools

  • Middle Or Junior School: Cripple Creek-Victor

Lot Info

  • Parcel Number: R0009418
  • Lot Size Acres: 1.01
  • Building Area Total: 1632
  • Lot Size Sq Ft: 43995.6
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 904

MLS Schools

  • Elementary School: Cresson
  • High School: Cripple Creek-Victor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2015
Sold by
Hoover Gregory
Bought by
Ortner Michael J
Current Estimated Value
$534,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$108,087
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$426,836

Purchase Details

Closed on
Oct 23, 2014
Sold by
Koval Stephen L and Koval Marjorie A
Bought by
Hoover Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
4.16%
Mortgage Type
VA

Purchase Details

Closed on
Jul 19, 2002
Sold by
Olvey Evelyn G and Olvey Stuart K
Bought by
Koval Stephen L and Koval Marjorie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,900
Interest Rate
6.73%
Mortgage Type
VA

Purchase Details

Closed on
Aug 19, 1996
Bought by
Ortner Michael J
Source: Public Records

Range of Values:

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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
Ortner Michael J $208,000 Empire Title Woodland Park
Hoover Gregory $201,000 Empire Title
Koval Stephen L $184,900 --
Ortner Michael J $158,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortner Michael J $140,000
Previous Owner Hoover Gregory $201,000
Previous Owner Koval Stephen L $184,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2023 06/30/23 Sold $565,000 -0.9% $346 / Sq Ft
05/22/2023 05/22/23 For Sale $570,000 0.0% $349 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $570,000 -- $349 / Sq Ft
Source: REcolorado®

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 $1,059 $25,000 $1,302 $23,698
2023 $1,059 $25,000 $1,300 $23,700
2022 $904 $20,750 $640 $20,110
2021 $934 $21,350 $660 $20,690
2020 $686 $17,810 $670 $17,140
2019 $682 $17,810 $0 $0
2018 $647 $15,650 $0 $0
2017 $645 $15,650 $0 $0
2016 $778 $18,450 $0 $0
2015 $794 $18,450 $0 $0
2014 $617 $14,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 8205070

REcolorado®

APN: R0009418