NOT LISTED FOR SALE

581 Balsam Rd Cimarron, CO 81220

Estimated Value: $348,000 - $556,000

3 Beds
1.5 Baths
1,548 Sq Ft
$287/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $270,000 $174 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,613/month

32 Days on Market

Highlights

  • Deck
  • Wood Burning Stove
  • Wooded Lot
  • Crested Butte Community School Rated A-
  • Living Room with Fireplace
  • Eat-In Kitchen

About This Home

As of May 2021

Charming 3 bedroom, 1 1/2 bath cabin on a treed 3/4 acre lot! First & second floors have been renovated! First floor has new flooring, new appliances and a lovely, renovated full bath! Second floor has new carpet in the loft, stained wood plank floors, 1/2 bath has been updated, too! Cabin comes partially furnished. Wonderful graveled driveway and lovely front deck for BBQing and relaxing! Seller is offering a $5000 credit to Buyer at closing for painting/staining of the exterior siding plus the metal skirting for the base of the outside of cabin. This is a must see! The mountain is calling! Winter time access using snowmobiles or tracked UTV only on groomed filing roads. Blue Mesa Reservoir, BLM and Forest Service Land nearby! Fishing in 3 private lakes!

Last Listed By

Tammy Bensley

Arrowhead Seven Ten Listed on: 03/09/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $890

Year Built

  • Built in 1982

Lot Details

  • 0.72 Acre Lot
  • Seasonal Access to Property
  • Wooded Lot

HOA Fees

  • $40 Monthly HOA Fees

Home Design

  • Cabin
  • Concrete Foundation
  • Metal Roof
  • Siding
  • Stick Built Home

Interior Spaces

  • 1,548 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Wood Burning Stove
  • Double Pane Windows
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Wood
  • Baseboard Heating
  • Water Heater
  • Water Purifier
  • Septic Tank
  • Septic System
  • Internet Available
  • Phone Available

Community Details

  • Association fees include fishing rights, road maintenance
  • Arrowhead Improvements Association

Listing and Financial Details

  • Assessor Parcel Number 404918004011

Home Details

Home Type

Single Family

Est. Annual Taxes

$890

Year Built

Built in 1982

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave, Water Purifier
  • Estimated Total Acres: 0.72
  • Class: RESIDENTIAL
  • Elevation: 9300 Ft
  • Em Deposit: 5000.00
  • Em Holder: Title Company
  • Exterior Inclusions: Deck
  • Interior Inclusions: Wood Stove, Part Furnished
  • Legal Lot Block: Lot 8, Block 8, Arrowhead Subdivision, Filing No. 1
  • List Price per Sq Ft: 193.15
  • Lot Size Acreage: .5 - .99
  • Parcel Id Number: 404918004011
  • Price Per Sq Ft: 174.42
  • Property Description: Wooded Lot
  • Real Estate Included: Yes
  • Realist Id: 404918004011
  • Residence Stories: Two Story
  • Residence Style: Cabin
  • Sale/Rent: For Sale
  • Siding: Masonite
  • Sold Price Sq Ft: 174.42
  • Street Descriptionaccess: Seasonal, Gravel, No Winter Maintenance
  • Street Designation: Road
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Access: Seasonal
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Service Avail: Yes
  • Total Taxes Dollar: 889.53
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Eat-in Kitchen
  • Bedrooms: 3
  • Flooring: Vinyl, Laminate
  • Estimated Total Sq Ft: 1548
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Fireplace Location Type: Living Room, Woodstove
  • Foundation: Block, Crawl Space, Concrete
  • Master Bedroom Level: Lower Level
  • Total Office Den: 0

Exterior Features

  • Windows: Double Pane
  • Construction Type: Concrete/Block
  • Roof: Metal

Utilities

  • Utilities: Electric, Internet, Phone - Landline
  • Electric Supplier: Gunnison County Electric Association
  • Gas Supplier: Propane
  • Heating System: Electric Baseboard, Wood Stove
  • Sewer Supplier: Septic
  • Water Heater: Electric Water Heater
  • Water Supplier: Arrowhead Ranch Water Company

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Fishing Rights, Road Maintenance
  • Hoametro Fees: 480
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: Arrowhead Improvements Association

Schools

  • Elementary School: Out of Area
  • Middle School: Out of Area
  • High School: Out of Area
  • High School: Out of Area

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Partially Furnished

Tax Info

  • Tax Year: 2020

MLS Schools

  • Elementary School: Out of Area
  • Middle School: Out of Area

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2021
Closed on
May 21, 2021
Sold by
Henrich Jeffrey S and Henrich Shannon
Bought by
Advanta Ira Administration Llc
Seller's Agent
Tammy Bensley
Arrowhead Seven Ten
Buyer's Agent
Carol Bond
Tamarack at Arrowhead, Inc
List Price
$305,000
Sold Price
$270,000
Premium/Discount to List
-$35,000
-11.48%
Total Days on Market
32
Current Estimated Value
$444,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,352
Avg. Annual Appreciation
13.33%

Purchase Details

Listed on
Aug 25, 2020
Closed on
Sep 30, 2020
Sold by
Alva Kareen Stoll Revocable Trust
Bought by
Henrich Jeffery S and Henrich Shannon
Seller's Agent
Tammy Bensley
Arrowhead Seven Ten
Buyer's Agent
Tammy Bensley
Arrowhead Seven Ten
List Price
$219,000
Sold Price
$207,500
Premium/Discount to List
-$11,500
-5.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.89%
Original Mortgage
$150,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2015
Sold by
Stoll Alva Kareen and Stoll Alva K
Bought by
Alva Kareen Stoll Revocable Trust

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
Advanta Ira Administration Llc $270,000 Fidelity National Title
Henrich Jeffery S $207,500 Colorado Escrow & Title
Alva Kareen Stoll Revocable Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Henrich Jeffery S $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $270,000 -9.7% $174 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
03/23/2021 03/23/21 Price Changed $299,000 -2.0% $193 / Sq Ft
03/09/2021 03/09/21 For Sale $305,000 +47.0% $197 / Sq Ft
09/30/2020 09/30/20 Sold $207,500 -5.3% $134 / Sq Ft
08/29/2020 08/29/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $219,000 -- $141 / 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 $1,313 $29,200 $5,360 $23,840
2023 $1,313 $25,510 $4,680 $20,830
2022 $1,058 $17,910 $3,830 $14,080
2021 $953 $18,430 $3,940 $14,490
2020 $890 $16,230 $2,970 $13,260
2019 $869 $16,230 $2,970 $13,260
2018 $808 $14,690 $2,700 $11,990
2017 $819 $14,690 $2,700 $11,990
2016 $1,073 $19,410 $3,700 $15,710
2015 $498 $19,410 $3,700 $15,710
2014 $498 $17,750 $4,420 $13,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 779506

Colorado Real Estate Network (CREN)

APN: R012095