NOT LISTED FOR SALE

57831 Us Highway 285 Bailey, CO 80421

Estimated Value: $330,000 - $428,000

2 Beds
1.5 Baths
1,418 Sq Ft
$274/Sq Ft Est. Value

Last Sold October 08, 2020

Last sale price $255,500 $180 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,106/month

40 Days on Market

Highlights

  • Wood Burning Stove
  • 1 Car Detached Garage
  • Double Pane Windows
  • Log Cabin

About This Home

As of October 2020

Don't miss this great value-add opportunity! Log cabin with easy year-round access directly off of Hwy 285. The home has 2 bedrooms 1.5 bathrooms and an abundant amount of potential through a variety of options. This is only 40 minutes outside of Denver and is close to a Park & Ride public transit location so it can easily be a primary residence, vacation home, or investment property. The home has newer double pane windows, gutters, and stainless steel gas range. The living room has a wood burning stove to keep the home heated all winter in a cost effective manner. The backyard is completely fenced. The additional room adjacent to the laundry area could be another bedroom, office, storage room or whatever your needs may be. The one-car detached garage is surrounded by space for multiple vehicles and parking spots. This home is being sold as-is, but with some simple clean-up and a few projects the return is there. This is just a short drive from schools, restaurants, and other amenities but feels like true CO mountain living. Setup your showing today!

Last Agent to Sell the Property

Aaron Tobler

RE/MAX Alpine View Listed on: 07/04/2020

RE/MAX Alpine View

Last Buyer's Agent

Montrose NON MEMBER

NON-MEMBER/FSBO Montrose

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $742

Year Built

  • Built in 1949

Lot Details

  • 9,148 Sq Ft Lot
  • Back Yard Fenced
  • Property is zoned Mixed-Use

Parking

  • 1 Car Detached Garage

Home Design

  • Log Cabin
  • Stick Built Home

Interior Spaces

  • 1.5-Story Property
  • Wood Burning Stove
  • Double Pane Windows

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Heating System Uses Wood
  • Heating System Powered By Owned Propane
  • Heating System Uses Propane
  • Well
  • Gas Water Heater
  • Septic Tank
  • Septic System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 598000000598

Home Details

Home Type

Single Family

Est. Annual Taxes

$742

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Washer, Dryer, Microwave
  • Estimated Total Acres: 0.21
  • Class: RESIDENTIAL
  • Em Deposit: 5000
  • Em Holder: Fidelity National Title
  • Legal Lot Block: SUBD:M/B T07 R73 T07 R73 S26 NW4 TRACT IN NE4NW4 DESC R494455 26-7-73
  • List Price per Sq Ft: 183.36
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 598000000598
  • Price Per Sq Ft: 180.18
  • Real Estate Included: Yes
  • Residence Stories: 1.5 Story
  • Residence Style: Log
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 180.18
  • Street Descriptionaccess: State Highway, County
  • Zoning: Residential Single Family, Mixed-Use
  • Type: Stick Built
  • Internet Service Avail: Yes
  • Total Taxes Dollar: 742
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 18

Interior Features

  • Bedrooms: 2
  • Estimated Total Sq Ft: 1418
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Fireplace Location Type: Woodstove
  • Main Level Sq Ft: 878
  • Total Office Den: 0
  • Upper Level Sq Ft: 540

Exterior Features

  • Fence: Fenced - Back
  • Windows: Double Pane
  • Exterior Structures: Garage

Garage/Parking

  • Garage Type: Detached Garage
  • Garage: Yes
  • Garage Capacity: 1

Utilities

  • Utilities: Electric, Propane-Tank Owned, Internet, Phone - Cell Reception
  • Cooling: Window A/C Unit(s)
  • Electric Supplier: Intermountain Rural Electric Association
  • Gas Supplier: Propane
  • Heating System: Wood Stove
  • Sewer Supplier: Septic
  • Water Heater: Gas Water Heater
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 241887

Schools

  • High School: Open Enrollment

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

MLS Schools

  • Elementary School: Open Enrollment
  • Middle School: Open Enrollment

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2020
Closed on
Oct 8, 2020
Sold by
Hebb James and Jereaux Hebb Michele
Bought by
Volk Elaina and Mcgrew Deborah
Seller's Agent
Aaron Tobler
RE/MAX Alpine View
Buyer's Agent
Montrose NON MEMBER
NON-MEMBER/FSBO Montrose
List Price
$260,000
Sold Price
$255,500
Premium/Discount to List
-$4,500
-1.73%
Current Estimated Value
$387,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,327
Avg. Annual Appreciation
8.22%
Original Mortgage
$242,725
Outstanding Balance
$215,891
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$171,936

Purchase Details

Closed on
Mar 30, 2016
Sold by
Feist Andrea
Bought by
Michelle Hebb James and Michelle Jereaux Hebb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,500
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2016
Sold by
Kieser Andrea L
Bought by
Feist Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,500
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2014
Sold by
Kieser Andrea
Bought by
Feist Andrea

Purchase Details

Closed on
Mar 15, 2006
Sold by
The Secretary Of Hud Of Washington D C
Bought by
Kieser Andrea L

Purchase Details

Closed on
Sep 15, 2005
Sold by
Turner Laura L
Bought by
Secretary Hud
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Volk Elaina $255,500 Fidelity National Title
Michelle Hebb James $150,000 Heritage Title
Feist Andrea -- None Available
Feist Andrea -- None Available
Kieser Andrea L -- Southern Title Insurance Cor
Secretary Hud -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Volk Elaina $242,725
Previous Owner Michelle Hebb James $145,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2020 10/08/20 Sold $255,500 -1.7% $180 / Sq Ft
08/13/2020 08/13/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $260,000 0.0% $183 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
07/04/2020 07/04/20 For Sale $260,000 -- $183 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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 $1,172 $19,810 $2,020 $17,790
2023 $1,172 $19,810 $2,020 $17,790
2022 $739 $11,669 $1,061 $10,608
2021 $733 $12,000 $1,090 $10,910
2020 $752 $11,830 $550 $11,280
2019 $742 $11,830 $550 $11,280
2018 $593 $11,830 $550 $11,280
2017 $592 $9,160 $540 $8,620
2016 $650 $10,010 $700 $9,310
2015 $656 $10,010 $700 $9,310
2014 $555 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 771763

Colorado Real Estate Network (CREN)

APN: 15949