NOT LISTED FOR SALE

5271 E State Highway 86 Franktown, CO 80116

Estimated Value: $941,000 - $976,320

5 Beds
3 Baths
2,857 Sq Ft
$334/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $907,500 $318 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,455/month

72 Days on Market

Highlights

  • Horses Allowed On Property
  • Deck
  • Secluded Lot
  • 16.93 Acre Lot
  • Meadow
  • No HOA

About This Home

As of January 2024

Extremely Rare Prestigious Property Ownership opportunity! Very hard to find “trophy“ acreage with older five bedroom, three bathroom home located just west of Franktown! This (almost 17 acres) gorgeous parcel has it’s own private gated access off of Highway 86 and Features breathtaking views, lots of Timber and scrub oak along with some rock outcropping‘s that are sure to impress! This horse property is fully fenced with open pasture land and room for outbuildings. These types of “very close-in" larger acreage properties rarely change hands and don’t go on the market very often. Being sold “as is-where is”.

Last Agent to Sell the Property

Brian Janes

Landmark Premier Properties Brokerage Email: BRIAN@LANDMARKPREMIER.COM, License #40010230 Listed on: 06/02/2023

Last Buyer's Agent

Ruth Bolas-Wordelman

Front Range Real Estate Professionals LLC License #1195525

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,065

Year Built

  • Built in 1974

Lot Details

  • 16.93 Acre Lot
  • Property is Fully Fenced
  • Secluded Lot
  • Lot Has A Rolling Slope
  • Meadow
  • Property is zoned LRR

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction
  • Wood Roof

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Schools

  • Franktown Elementary School
  • Sagewood Middle School
  • Ponderosa High School

Farming

  • Livestock Fence
  • Pasture

Utilities

  • No Cooling
  • Baseboard Heating
  • Septic Tank

Additional Features

  • Deck
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Oakland Heights Subdivision

Listing and Financial Details

  • Exclusions: Seller's Personal Property
  • Assessor Parcel Number R0054324

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,065

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: Two
  • Year Built: 1974
  • Above Grade Finished Sq Ft: 2040
  • Exclusions: Seller's Personal Property
  • Living Area: 2857
  • Directions: From Franktown, head west on CO-86 W for approximately 2.3 miles. Destination will be on the left (north) side.
  • SubdivisionName: Oakland Heights
  • Ownership: Relo Company
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_BelowGradeUnfinishedArea: 205.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 1
  • REC_UpperLevelBedrooms: 2
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.76261
  • Attribution Contact: BRIAN@LANDMARKPREMIER.COM,
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 3
  • Basement: Finished, Full, Unfinished
  • Basement: Yes
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 817
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3

Exterior Features

  • Roof: Wood
  • Construction Materials: Frame
  • Patio and Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Baseboard

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Sagewood

Lot Info

  • Horses: Yes
  • Parcel Number: R0054324
  • Lot Size Acres: 16.93
  • Fencing: Fenced Pasture, Full
  • Building Area Total: 3062
  • Horse Amenities: Pasture
  • Lot Features: Meadow, Rolling Slope, Secluded
  • Lot Size Sq Ft: 737470.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4065

MLS Schools

  • Elementary School: Franktown
  • High School: Ponderosa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jan 17, 2024
Sold by
Treptow Adam L and Treptow Kyle R
Bought by
Sks Holdings Limited
Seller's Agent
Brian Janes
Landmark Premier Properties
Buyer's Agent
Ruth Bolas-Wordelman
Front Range Real Estate Professionals LLC
List Price
$995,000
Sold Price
$907,500
Premium/Discount to List
-$87,500
-8.79%
Views
187
Current Estimated Value
$953,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,080
Avg. Annual Appreciation
2.94%
Original Mortgage
$200,000
Interest Rate
7.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 3, 2022
Sold by
Treptow Steven R
Bought by
Treptow Steven R and Treptow Adam L

Purchase Details

Closed on
Sep 27, 1999
Sold by
Treptow Steven R and Treptow Daniel E
Bought by
Treptow Steven R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,600
Interest Rate
8.02%

Purchase Details

Closed on
Dec 2, 1997
Sold by
Treptow Steven R and Treptow Karen J
Bought by
Treptow Steven R and Treptow Daniel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
10.25%

Purchase Details

Closed on
Jul 23, 1993
Sold by
Werner Philip J and Werner Candice R
Bought by
Treptow Steven R and Treptow Karen J

Purchase Details

Closed on
May 18, 1978
Sold by
Unavailable
Bought by
Unavailable
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 Buyer Sale Price Title Company
Sks Holdings Limited -- Htc
Sks Holdings Limited $907,500 Htc
Treptow Steven R -- None Listed On Document
Treptow Steven R -- --
Treptow Steven R -- Empire Title & Escrow
Treptow Steven R $166,000 --
Unavailable $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sks Holdings Limited $200,000
Open Sks Holdings Limited $675,000
Previous Owner Treptow Steven R $268,600
Previous Owner Treptow Steven R $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2024 01/19/24 Sold $907,500 -6.9% $318 / Sq Ft
11/02/2023 11/02/23 Price Changed $975,000 -1.0% $341 / Sq Ft
10/27/2023 10/27/23 Price Changed $985,000 -1.0% $345 / Sq Ft
09/28/2023 09/28/23 Price Changed $995,000 0.0% $348 / Sq Ft
09/28/2023 09/28/23 For Sale $995,000 -9.1% $348 / Sq Ft
08/13/2023 08/13/23 Pending -- -- --
07/29/2023 07/29/23 Price Changed $1,095,000 +9.5% $383 / Sq Ft
07/29/2023 07/29/23 Price Changed $1,000,095 -16.0% $350 / Sq Ft
06/02/2023 06/02/23 For Sale $1,190,000 -- $417 / 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 $4,553 $56,510 $38,050 $18,460
2023 $4,604 $56,510 $38,050 $18,460
2022 $3,923 $46,860 $29,270 $17,590
2021 $4,065 $46,860 $29,270 $17,590
2020 $3,342 $39,410 $21,400 $18,010
2019 $3,358 $39,410 $21,400 $18,010
2018 $2,946 $33,970 $17,840 $16,130
2017 $2,743 $33,970 $17,840 $16,130
2016 $2,390 $29,020 $15,090 $13,930
2015 $2,444 $29,020 $15,090 $13,930
2014 $1,960 $21,750 $10,980 $10,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 9938405

REcolorado®

APN: 2349-330-01-002