NOT LISTED FOR SALE

521 Royal Ridge Dr Bailey, CO 80421

Estimated Value: $724,000 - $815,778

3 Beds
3 Baths
2,266 Sq Ft
$340/Sq Ft Est. Value

Last Sold March 04, 2024

Last sale price $765,000 $338 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,631/month

3 Days on Market

Highlights

  • Primary Bedroom Suite
  • Mountain View
  • Vaulted Ceiling
  • Open Floorplan
  • Deck
  • Wood Flooring

About This Home

As of March 2024

Discover your dream home in the tranquil Deer Creek Valley, a south-facing gem on the northern ridge. This special property, originally chosen by the neighborhood developer for his personal residence, enjoys an ideal alignment with the valley, ensuring sunlight throughout the day. Experience breathtaking sunrises and sunsets, with spectacular rainbows spanning the valley after rain. Surrounding this home are stunning views of Mount Rosalie, Mount Logan, Lone Rock, and Crooked Top Mountain. From your deck, relax to the soothing sounds of Deer Creek flowing below, enhancing the peaceful atmosphere. At night, the dark sky reveals clear views of numerous constellations and the Milky Way, perfect for stargazers. Nature surrounds you here. A family of foxes plays nearby, while deer, occasional moose, and bighorn sheep roam the area. Bird enthusiasts will enjoy hummingbirds in summer and other beautiful species year-round. This home is part of a tranquil neighborhood on a privately maintained road, offering peace and quiet. With southern exposure, the house often enjoys a warm, sunlit interior and a mostly snow-free driveway in winter. Inside, high vaulted ceilings grace the main floor, including the bedrooms. The living area, bright and open, features a wall of windows and a custom rock wall with a pellet stove. The versatile finished walkout basement serves as a home theater, workout area, or office, with direct access to an open patio. For outdoor enthusiasts, several National Forest trailheads are conveniently close. Pet owners will appreciate the fenced dog playpen and secure roofed kennel in the backyard. An oversized 2-car garage provides ample storage with additional workshop space. This home is more than a residence; it's a lifestyle choice, blending nature's serenity with modern living comforts. Embrace this opportunity to own a piece of paradise in Deer Creek Valley.

Last Agent to Sell the Property

Tupper's Team

Madison & Company Properties Brokerage Email: TalkToUs@TuppersTeam.com,720-248-8757 Listed on: 02/14/2024

Madison & Company Properties

Last Buyer's Agent

Abell To Sell

Compass - Denver

Compass - Denver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,954

Year Built

  • Built in 1999

Lot Details

  • 3.06 Acre Lot
  • Property fronts a private road
  • Dirt Road
  • Dog Run
  • Partially Fenced Property

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Exterior Access Door
  • Dirt Driveway

Home Design

  • Mountain Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Radon Mitigation System
  • Cedar

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Furnished or left unfurnished upon request
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Mountain Views
  • Finished Basement
  • Walk-Out Basement
  • Home Security System

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Deer Creek Elementary School
  • Fitzsimmons Middle School
  • Platte Canyon High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Pellet Stove burns compressed wood to generate heat
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Well
  • Gas Water Heater
  • Septic Tank

Community Details

  • Forest Ridge Homeowners Association
  • Forest Ridge Subdivision

Listing and Financial Details

  • Exclusions: Sellers prefer to sell the home furnished
  • Assessor Parcel Number 44458

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,954

Year Built

Built in 1999

Lot Details

0

HOA Fees

$46 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mountain Contemporary
  • Structure Type: House
  • Levels: One
  • Year Built: 1999
  • Above Grade Finished Sq Ft: 1516
  • Exclusions: Sellers prefer to sell the home furnished
  • Living Area: 2266
  • Directions: GPS works
  • SubdivisionName: Forest Ridge
  • Ownership: Individual
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 0
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 1.02136
  • Attribution Contact: TalkToUs@TuppersTeam.com,720-248-8757
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Oven, Refrigerator, Washer
  • Fireplaces: 1
  • Interior Amenities: Ceiling Fan(s), Laminate Counters, Open Floorplan, Primary Suite, Radon Mitigation System, Vaulted Ceiling(s)
  • Flooring: Carpet, Laminate, Tile, Wood
  • Fireplace Features: Living Room, Pellet Stove
  • Full Bathrooms: 2
  • Basement: Finished, Walk-Out Access
  • Basement: Yes
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 750
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3

Exterior Features

  • Foundation Details: Slab
  • Roof: Composition
  • Construction Materials: Cedar, Frame, Wood Siding
  • View: Mountain(s)
  • Exterior Features: Dog Run
  • Patio and Porch Features: Deck, Front Porch
  • Road Frontage Type: Private Road
  • Road Surface Type: Dirt

Garage/Parking

  • Parking Features: Driveway-Dirt, Exterior Access Door, Oversized
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Forced Air, Natural Gas, Pellet Stove
  • Water Source: Well
  • Security: Security System

Condo/Co-op/Association

  • Association Name: Forest Ridge Homeowners Association
  • Association Fee Frequency: Annually
  • Association Fee: 555
  • Phone: 000-000-0000
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 555.00
  • REC_AssociationFeeTotalAnnual: 555.00
  • REC_AssociationManagementType: Self Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: board@frhoa.com

Schools

  • Middle Or Junior School: Fitzsimmons

Lot Info

  • Parcel Number: 44458
  • Lot Size Acres: 3.06
  • Fencing: Partial
  • Building Area Total: 2266
  • Lot Size Sq Ft: 133293.6
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2954

MLS Schools

  • Elementary School: Deer Creek
  • High School: Platte Canyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
Feb 29, 2024
Sold by
Herrman William J and Herrman Kristi A
Bought by
Munkel Carl
Seller's Agent
Tupper's Team
Madison & Company Properties
Buyer's Agent
Abell To Sell
Compass - Denver
List Price
$749,000
Sold Price
$765,000
Premium/Discount to List
$16,000
2.14%
Views
30
Current Estimated Value
$791,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,828
Avg. Annual Appreciation
2.11%
Original Mortgage
$300,000
Outstanding Balance
$286,135
Interest Rate
5.96%
Mortgage Type
New Conventional
Estimated Equity
$502,422

Purchase Details

Closed on
Oct 23, 2019
Sold by
Berger Jesse
Bought by
Herman William J and Herman Kristi A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$482,310
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2017
Sold by
Fennessey Randy and Berger Jesse
Bought by
Berger Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,200
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2015
Sold by
Dickson Harvey M and Dickson Janis A
Bought by
Fennessey Randy and Berger Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,300
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2013
Sold by
Schmidt Charles G and Schmidt Patricia A
Bought by
Dickson Harvey M and Dickson Janis A

Purchase Details

Closed on
Mar 5, 2008
Sold by
Pitts Betty J
Bought by
Schmidt Charles G and Schmidt Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2007
Sold by
Pitts Phillip J and Pitts Betty J
Bought by
Pitts Betty J
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
Munkel Carl $765,000 Land Title
Herman William J $535,900 First American
Berger Jesse -- Land Title Guarantee Co
Fennessey Randy $394,000 Guardian Title
Dickson Harvey M $327,500 None Available
Schmidt Charles G $280,000 Security Title
Pitts Betty J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munkel Carl $300,000
Previous Owner Herrman William J $476,000
Previous Owner Herman William J $482,310
Previous Owner Berger Jesse $407,200
Previous Owner Berger Jesse $373,600
Previous Owner Fennessey Randy $374,300
Previous Owner Schmidt Charles G $222,200
Previous Owner Schmidt Charles G $220,477
Previous Owner Schmidt Charles G $224,000
Previous Owner Pitts Phillip J $98,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2024 03/04/24 Sold $765,000 +2.1% $338 / Sq Ft
02/18/2024 02/18/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $749,000 -- $331 / 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 $3,003 $50,760 $19,610 $31,150
2023 $3,003 $50,760 $19,610 $31,150
2022 $2,400 $37,904 $12,360 $25,544
2021 $2,381 $39,000 $12,720 $26,280
2020 $2,058 $32,380 $6,460 $25,920
2019 $2,030 $32,380 $6,460 $25,920
2018 $1,742 $32,380 $6,460 $25,920
2017 $1,740 $26,930 $5,710 $21,220
2016 $1,601 $24,660 $6,520 $18,140
2015 $1,615 $24,660 $6,520 $18,140
2014 $1,591 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 5881997

REcolorado®

APN: 44458