NOT LISTED FOR SALE

626 Academy Rd Palmer Lake, CO 80133

Estimated Value: $471,137 - $502,000

3 Beds
2 Baths
1,092 Sq Ft
$451/Sq Ft Est. Value

Last Sold August 10, 2023

Last sale price $470,000 $430 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,735/month

37 Days on Market

Highlights

  • Panoramic View
  • Meadow
  • 3 Car Detached Garage
  • Castle Rock Middle School Rated A-
  • Ranch Style House
  • Cul-De-Sac

About This Home

As of August 2023

Totally renovated active solar home on a quiet cul-de-sac on the north end of Palmer Lake! Property abuts Douglas County with north and east beautiful open space views. Has energy efficient Andersen aluminum clad windows and slider, radiant floor heating throughout, newer front door and storm door. Landscaping has been completely redone including drought tolerant grass and plants and a nice block retaining wall. Raised beds in the front for all your gardening needs. Driveway access allows access to new detached garage (no permit on file). Easy commute to DTC, Colorado Springs and AFA. Close to restaurants and recreation. Small town living at its best! Did I mention this is a PERFECT Airbnb opportunity? (No HOA). Extremely low utilities bills and taxes!

Last Agent to Sell the Property

Travis Turner

Engel & Völkers Pikes Peak Listed on: 06/16/2023

Engel & Völkers Pikes Peak

Last Buyer's Agent

Tricia Mandeville

Exp Realty LLC

Exp Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,176

Year Built

  • Built in 1983

Lot Details

  • 7,488 Sq Ft Lot
  • Open Space
  • Cul-De-Sac
  • Level Lot
  • Meadow
  • Landscaped with Trees

Parking

  • 3 Car Detached Garage

Property Views

  • Panoramic
  • Mountain

Home Design

  • Ranch Style House
  • Shingle Roof
  • Masonite

Interior Spaces

  • 1,092 Sq Ft Home
  • Luxury Vinyl Tile Flooring

Kitchen

  • Oven
  • Plumbed For Gas In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Eco-Friendly Details

  • Heating system powered by active solar

Utilities

  • No Cooling
  • Forced Air Heating System
  • Phone Available

Community Details

  • Foothills

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,176

Year Built

Built in 1983

Lot Details

0

Parking

3

Listing Details

  • Total Bathrooms: 2
  • Property Attached Yn: No
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Sq Ft MainFloor: 1092
  • Fill Sq Ft Total: 1092
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Gas in Kitchen, Microwave Oven, Oven
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Type: None
  • Floor Plan: Ranch
  • Flooring: Luxury Vinyl
  • MainFloorBedroomYN: Yes
  • Finished Sq Ft: 1092

Exterior Features

  • New Construction: Existing Home
  • Foundation Details: Not Applicable
  • Lot Type: 360-degree View, Backs to Open Space, Cul-de-sac, Foothill, Level, Meadow, Mountain View, Sloping, Trees/Woods, See Prop Desc Remarks
  • Roof: Composite Shingle
  • Exterior Construction: Masonite Type
  • Structure: Frame

Garage/Parking

  • Garage Spaces: 3
  • Garage Type: Available, Detached

Utilities

  • Cooling: None
  • Heating: Active Solar, Forced Air
  • Utilities: Cable Available, Electricity Connected, Natural Gas, Telephone
  • Hot Water: Assoc/Distr

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable

Schools

  • School District: Lewis-Palmer-38
  • School District: Lewis-Palmer-38

Lot Info

  • Program Acres Total: 0.1719
  • Lot Size: 7488.0000

Tax Info

  • Flip Tax Amount: 1175.58
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Aug 7, 2023
Sold by
Potter Mark and Potter Kaylah
Bought by
Marble Nancy Jane
Seller's Agent
Travis Turner
Engel & Völkers Pikes Peak
Buyer's Agent
Tricia Mandeville
Exp Realty LLC
List Price
$475,000
Sold Price
$470,000
Premium/Discount to List
-$5,000
-1.05%
Views
47
Current Estimated Value
$492,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,284
Avg. Annual Appreciation
2.14%
Original Mortgage
$430,402
Outstanding Balance
$420,411
Interest Rate
6.71%
Mortgage Type
FHA
Estimated Equity
$71,873

Purchase Details

Closed on
Dec 30, 2016
Sold by
Armour Margaret Ann
Bought by
Potter Mark and Potter Kaylah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,562
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 3, 2015
Sold by
Green Sally J
Bought by
Armour Margaret Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,800
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2006
Sold by
Hornung Matthew S and Hornung Eva M
Bought by
Green Sally J

Purchase Details

Closed on
May 25, 2006
Sold by
Us Bank Na
Bought by
Hornung Matthew S and Hornung Eva M

Purchase Details

Closed on
Apr 1, 2004
Sold by
Shaw Otis R and Shaw Susan E
Bought by
Watkins Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,600
Interest Rate
6.52%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 4, 2001
Sold by
Sullivan Harry D and Sullivan Connie V
Bought by
Shaw Otis R and Shaw Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 25, 1999
Sold by
Sullivan Harry D
Bought by
Sullivan Harry D and Sullivan Connie

Purchase Details

Closed on
Jan 18, 1999
Sold by
Smith Russell Ryan and Smith Barbara Lin
Bought by
Sullivan Harry D

Purchase Details

Closed on
Jul 17, 1996
Sold by
Burkey Ricky L and Burkey Patricia A
Bought by
Smith Russell Ryan and Smith Barbara Lin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,803
Interest Rate
8.33%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 5, 1991
Bought by
Potter Mark

Purchase Details

Closed on
Jul 1, 1989
Bought by
Potter Kaylah

Purchase Details

Closed on
Jun 1, 1984
Bought by
Potter Mark
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Marble Nancy Jane $470,000 Stewart Title
Potter Mark $245,000 Fidelity National Title
Armour Margaret Ann $206,000 Fidelity National Title Ins
Green Sally J $186,000 Empire Title
Hornung Matthew S $151,000 Empire Title
Watkins Timothy $169,500 Stewart Title
Shaw Otis R $130,000 North American Title Co
Sullivan Harry D -- --
Sullivan Harry D $110,000 Security Title
Smith Russell Ryan $95,600 Stewart Title
Potter Mark -- --
Potter Kaylah -- --
Potter Mark -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marble Nancy Jane $430,402
Previous Owner Potter Mark $240,562
Previous Owner Armour Margaret Ann $164,800
Previous Owner Watkins Timothy $135,600
Previous Owner Shaw Otis R $125,000
Previous Owner Smith Russell Ryan $94,803
Closed Watkins Timothy $33,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2023 08/12/23 Off Market $470,000 -- --
08/10/2023 08/10/23 Sold $470,000 -1.1% $430 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
07/22/2023 07/22/23 For Sale $475,000 0.0% $435 / Sq Ft
07/15/2023 07/15/23 Pending -- -- --
07/12/2023 07/12/23 Price Changed $475,000 -4.0% $435 / Sq Ft
07/06/2023 07/06/23 For Sale $495,000 0.0% $453 / Sq Ft
06/25/2023 06/25/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $495,000 -- $453 / Sq Ft
Source: Pikes Peak REALTOR® Services

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
2025 $1,600 $31,300 -- --
2024 $1,496 $27,310 $4,760 $22,550
2022 $1,176 $16,780 $3,520 $13,260
2021 $1,224 $17,270 $3,630 $13,640
2020 $1,008 $13,660 $3,230 $10,430
2019 $1,003 $13,660 $3,230 $10,430
2018 $887 $11,470 $2,750 $8,720
2017 $890 $11,470 $2,750 $8,720
2016 $857 $10,780 $2,790 $7,990
2015 $749 $10,780 $2,790 $7,990
2014 $757 $9,710 $2,790 $6,920
Source: Public Records

Agents Affiliated with this Home

  • Travis Turner

    Seller's Agent in 2023

    Travis Turner

    Engel & Völkers Pikes Peak

    (719) 244-3645

    1 in this area

    77 Total Sales

    Travis Turner
    Section Image
  • Tricia Mandeville

    Buyer's Agent in 2023

    Tricia Mandeville

    Exp Realty LLC

    (719) 728-0923

    3 in this area

    161 Total Sales

    Tricia Mandeville
    Section Image
See All Agents

Map

Source: Pikes Peak REALTOR® Services

MLS Number: 7816229

Pikes Peak REALTOR® Services

APN: 71051-02-011

Colorado El Paso County Palmer Lake 80118

626 Academy Rd, Palmer Lake, CO

This home is located at 626 Academy Rd, Palmer Lake, CO 80133 since 16 June 2023 and is currently estimated at $492,284, approximately $450 per square foot. This property was built in 1983. 626 Academy Rd is a home located in El Paso County with nearby schools including Larkspur Elementary School, Castle Rock Middle School, and Castle View High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pikes Peak REALTOR® Services IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes