NOT LISTED FOR SALE

562 Gold Flake Terrace Bailey, CO 80421

Estimated Value: $455,000 - $513,000

2 Beds
1 Bath
633 Sq Ft
$762/Sq Ft Est. Value

Last Sold October 10, 2023

Last sale price $482,500 $762 Per Sq Ft

Current estimated payment $2,675/month

2 Days on Market

Highlights

  • Mountain View
  • Deck
  • Vaulted Ceiling
  • A-Frame Home
  • Wood Burning Stove
  • Furnished

About This Home

As of October 2023

This newly constructed A-frame-esque home in Bailey, Colorado, offers the perfect blend of modern comfort surrounded by stunning natural beauty. Immerse yourself in the breathtaking panoramic views of the Rocky Mountains from just about every room in the house including the thoughtfully constructed trex-deck patio. Inside, you'll find high-end finishes with beautiful tile selections and gleaming luxury plank vinyl floors providing lasting durability. The vaulted tongue and groove ceilings create a sense of spaciousness and warmth while floor-to-ceiling windows invite an abundance of natural light, allowing you to fully appreciate the surrounding beauty from the comfort of your home.This charming mountain home features two cozy bedrooms, providing ample space for both family and guests. The living room features a wood burning stove and a center meet sliding door that overlooks the Rockies and opens onto the front patio. Just off the kitchen and living room you’ll locate the dining room centered around a globe ratan chandelier. On the main floor you’ll find the first bedroom equipped with built in bunk beds, storage shelving and the washer / dryer hookup. Step up the ladder or head around back to the staircase to discover the spacious loft style second bedroom, showcasing more stunning mountain views. Conveniently located just 55 minutes from Denver, you can enjoy the city's amenities while still savoring the tranquility of mountain living. A short 15-minute drive will take you to the highway, offering convenient access to a multitude of surrounding activities. For entertainment and dining options, Bailey Main Street and Mad Jack Brewery are a mere 20 minutes away. Nature enthusiasts will love the proximity to the scenic Guanella Pass, only 40 minutes away, and the picturesque Kenosha Pass, just a 30-minute drive. Don't miss your chance to make this mountain sanctuary your own while staying conveniently connected to Denver and the surrounding attractions

Last Agent to Sell the Property

Jason Cummings

Compass - Denver License #100005307 Listed on: 09/07/2023

Compass - Denver

Co-Listed By

Samantha Black

Compass - Denver License #100099702

Last Buyer's Agent

Chantal Duame

Good Neighbor LLC License #100078764

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $753

Year Built

  • Built in 2023

Lot Details

  • 0.82

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • A-Frame Home
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 633 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Wood Burning Stove
  • Great Room
  • Dining Room
  • Vinyl Flooring
  • Mountain Views
  • Crawl Space
  • Laundry in unit

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Full Bathroom

Schools

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Private Water Source
  • Septic Tank

Additional Features

  • Deck
  • 0.82 Acre Lot

Community Details

  • Elk Creek Highlands Subdivision

Listing and Financial Details

  • Exclusions: Pillows, bedding and fake plants (partial staging).
  • Assessor Parcel Number 15476

Home Details

Home Type

Single Family

Est. Annual Taxes

$753

Year Built

Built in 2023

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: A-Frame
  • Structure Type: House
  • Levels: Two
  • Year Built: 2023
  • Above Grade Finished Sq Ft: 633
  • Exclusions: Pillows, bedding and fake plants (partial staging).
  • Living Area: 633
  • SubdivisionName: Elk Creek Highlands
  • Co List Office Mls Id: RECCCLL2
  • Ownership: Individual
  • ResoBuildingAreaSource: Appraiser
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 1
  • REC_WaterIncludedYN: 1
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Vaulted Ceiling(s)
  • Flooring: Vinyl
  • Fireplace Features: Wood Burning Stove
  • Full Bathrooms: 1
  • Basement: Crawl Space
  • Basement: No
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame, Wood Siding
  • View: Mountain(s)
  • Patio and Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 1

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Baseboard, Electric, Wood Stove
  • Water Source: Private
  • Laundry Features: In Unit

Condo/Co-op/Association

  • Association Name: Unknown
  • Association Fee Frequency: Annually
  • Association Fee: 50
  • Phone: 111-111-1111
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 50.00
  • REC_AssociationFeeTotalAnnual: 50.00
  • REC_AssociationManagementType: Voluntary

Schools

  • Middle Or Junior School: Fitzsimmons

Lot Info

  • Parcel Number: 15476
  • Lot Size Acres: 0.82
  • Building Area Total: 633
  • Lot Size Sq Ft: 35719
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 753

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Oct 4, 2023
Sold by
Valentine Keith V and Gebremedhin Hawzienawit
Bought by
Ghetmiri Seena A and Fitzgerald Kacia
Seller's Agent
Jason Cummings
Compass - Denver
Buyer's Agent
Chantal Duame
Good Neighbor LLC
List Price
$475,000
Sold Price
$482,500
Premium/Discount to List
$7,500
1.58%
Views
92
Current Estimated Value
$482,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40
Avg. Annual Appreciation
0.00%
Original Mortgage
$433,800
Outstanding Balance
$425,366
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$57,174

Purchase Details

Closed on
Oct 9, 2020
Sold by
Knecht Ryan L
Bought by
Valentine Keith V and Gebremedhin Hawzienawit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 15, 2018
Sold by
Randez Roy N and Randez Mouica R
Bought by
Knecht Ryan L

Purchase Details

Closed on
Aug 5, 2016
Sold by
Eames Johnnie W
Bought by
Randez Roy N and Randez Monica R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ghetmiri Seena A $482,500 First Alliance Title
Valentine Keith V $90,000 Land Title Guarantee
Knecht Ryan L $72,000 Fidelity National Title
Randez Roy N $24,000 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghetmiri Seena A $433,800
Previous Owner Valentine Keith V $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2023 10/10/23 Sold $482,500 +1.6% $762 / Sq Ft
09/07/2023 09/07/23 For Sale $475,000 -- $750 / 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 $1,720 $29,080 $5,580 $23,500
2023 $1,720 $27,400 $5,540 $21,860
2022 $753 $11,905 $11,905 $0
2021 $726 $11,905 $11,905 $0
2020 $692 $10,890 $10,890 $0
2019 $683 $10,890 $10,890 $0
2018 $510 $10,890 $10,890 $0
2017 $509 $7,880 $7,880 $0
2016 $542 $8,350 $8,350 $0
2015 $547 $8,350 $8,350 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 5042471

REcolorado®

APN: 15476