NOT LISTED FOR SALE

53 Lower Terrace Dr South Fork, CO 81154

Estimated Value: $225,000 - $371,000

1 Bed
1 Bath
894 Sq Ft
$340/Sq Ft Est. Value

Last Sold August 23, 2023

Last sale price $265,000 $296 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,679/month

2 Days on Market

Highlights

  • Gated Community
  • Deck
  • Secluded Lot
  • Mountain View
  • Meadow
  • Vaulted Ceiling

About This Home

As of August 2023

Step back in time to a little piece of paradise steps away from the Rio Grande River. With breathtaking views of the cliffs outside of Creede and wild animals strolling through the meadow that is your backyard, this house is nestled in one of the most coveted, private, and gated communities in all of Colorado. Lovingly maintained by the owners for the past 29 years, this one bedroom, one bathroom summer cabin has had many upgrades and additions. Local artisans have hand-crafted custom-made alder cabinets, aspen accents, vaulted ceilings with rough cedar, and the discovery of exposed logs in the bedroom show cozy mountain charm in each nook and cranny. From the custom kitchen granite table, to the addition of the 20X20 living room to showcase the meadow and mountain views, you will be in awe of every view from every room. Big picture windows, vaulted ceilings, a full size washer/dryer, and a small walk-in closet make the tiny cabin feel like you are ‘living large’. Professionally landscaped by the current owners, there are mature aspen and spruce planted decades ago to provide privacy and shade. Enjoy gardening in a raised bed with vegetables, or simply use the current watering system to keep the garden vibrant and lovely. There is room enough for 2 cars in the driveway, and ample storage for all your toys in the sheds. Big River Ranch is a small community with shared fishing access on the Rio Grande River. NO RENTALS ALLOWED and a private gated entry helps maintain a close knit community. It is currently NOT set up for winter use due to being on the shared well and septic and electric only heat. It’s an easy ‘show up and leave’ kind of place where you don’t have to worry about a thing while you’re away! HOA dues cover water & sewer (May to October), trash service, and common area maintenance. You only pay separately for electricity and Wi-Fi. Wild turkeys, deer, fox, bear, and so much more also call this place home.

Last Agent to Sell the Property

Kristin Walter

Mountain Dream Real Estate, LLC License #100017697 Listed on: 08/09/2023

Last Buyer's Agent

Kristin Walter

Mountain Dream Real Estate, LLC License #100017697 Listed on: 08/09/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $413

Year Built

  • Built in 1938 | Remodeled

Lot Details

  • 0.46 Acre Lot
  • Property fronts a private road
  • Year Round Access
  • Landscaped
  • Secluded Lot
  • Level Lot
  • Front and Back Yard Sprinklers
  • Meadow
  • Mountainous Lot
  • Many Trees
  • Garden

HOA Fees

  • $48 Monthly HOA Fees

Property Views

  • Mountain
  • Meadow

Home Design

  • Slab Foundation
  • Metal Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 894 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Wood Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Bay Window

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Granite Countertops

Flooring

  • Laminate
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Gravel Driveway
  • Shared Driveway

Accessible Home Design

  • Accessible Approach with Ramp

Outdoor Features

  • Deck
  • Fire Pit

Schools

  • Creede Elementary And Middle School
  • Creede High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Propane
  • Shared Well
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Personal Property-list to be included as part of due diligence.
  • Assessor Parcel Number 484531201008

Community Details

Overview

  • Association fees include ground maintenance, road maintenance, security, sewer, snow removal, trash, water
  • Big River Ranch Association, Phone Number (970) 368-2124
  • Big River Ranch Subdivision

Recreation

  • Community Playground

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$413

Year Built

Built in 1938 | Remodeled

Lot Details

0

HOA Fees

$48 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: One
  • Year Built: 1938
  • Above Grade Finished Sq Ft: 894
  • Accessibility Features: Accessible Approach with Ramp
  • Exclusions: Personal Property-list to be included as part of due diligence.
  • Living Area: 894
  • Pets Allowed: Only for Owner
  • Property Condition: Updated/Remodeled
  • Directions: From South Fork or Creede, turn south at the sign on the highway that says "Big River Ranch". Follow across railroad tracks, go through gated entryway over Rio Grande River. Take a left. At each Y stay left. Property on left across from shared pavilion.
  • SubdivisionName: Big River Ranch
  • Ownership: Agent Owner
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Special Features: None

Interior Features

  • Appliances: Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Interior Amenities: Breakfast Nook, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, High Ceilings, High Speed Internet, No Stairs, Solid Surface Counters, T&G Ceilings, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Concrete, Laminate, Tile
  • Full Bathrooms: 1
  • Common Walls: No Common Walls
  • Basement: No
  • Total Bedrooms: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Window Features: Bay Window(s), Window Coverings

Exterior Features

  • Foundation Details: Slab
  • Roof: Metal
  • Construction Materials: Log, Wood Siding
  • View: Meadow, Mountain(s)
  • Exterior Features: Fire Pit, Garden
  • Patio and Porch Features: Deck
  • Road Frontage Type: Private Road, Shared Drive, Year Round
  • Road Surface Type: Gravel

Garage/Parking

  • Parking Features: Driveway-Gravel
  • Attached Garage: No
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Utilities: Electricity Connected, Phone Connected, Propane
  • Sewer: Community Sewer
  • Cooling: None
  • Heating: Baseboard
  • Water Source: Shared Well
  • Laundry Features: In Unit

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Road Maintenance, Security, Sewer, Snow Removal, Trash, Water
  • Association Name: Big River Ranch
  • Association Fee Frequency: Annually
  • Association Amenities: Gated, Playground, Security
  • Association Fee: 575
  • Phone: 9703682124
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 575.00
  • REC_AssociationFeeTotalAnnual: 575.00
  • REC_AssociationManagementType: Self Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: www.MountainDreamTeam.com

Schools

  • Middle Or Junior School: Creede

Lot Info

  • Horses: No
  • Parcel Number: 484531201008
  • Lot Size Acres: 0.46
  • Building Area Total: 894
  • Lot Features: Landscaped, Level, Many Trees, Meadow, Mountainous, Secluded, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 20037.6
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Partially

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 413

MLS Schools

  • Elementary School: Creede
  • High School: Creede

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
Aug 23, 2023
Sold by
Sanders Jerry H and Sanders Theresa M
Bought by
Barker Charles and Young Pamela
Seller's Agent
Kristin Walter
Mountain Dream Real Estate, LLC
Buyer's Agent
Kristin Walter
Mountain Dream Real Estate, LLC
List Price
$265,000
Sold Price
$265,000
Views
78
Current Estimated Value
$303,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,528
Avg. Annual Appreciation
6.77%

Purchase Details

Closed on
Aug 15, 1994
Bought by
Sanders Jerry H and Sanders Theresa M
Source: Public Records

Range of Values:

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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
Barker Charles $265,000 Simplifile Lc
Sanders Jerry H $28,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2023 08/23/23 Sold $265,000 0.0% $296 / Sq Ft
08/09/2023 08/09/23 For Sale $265,000 -- $296 / 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 $245 $7,251 $2,423 $4,828
2023 $242 $3,566 $1,192 $2,374
2022 $413 $5,970 $2,244 $3,726
2021 $436 $6,142 $2,309 $3,833
2020 $433 $6,142 $2,309 $3,833
2019 $433 $6,142 $2,309 $3,833
2018 $407 $5,752 $2,061 $3,691
2017 $408 $5,752 $2,061 $3,691
2016 $399 $5,647 $2,279 $3,368
2015 $403 $5,647 $2,279 $3,368
2014 $403 $5,647 $2,279 $3,368
2012 $264 $58,722 $16,410 $42,312
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 7928755

REcolorado®

APN: 484531201008