626 Academy Rd Palmer Lake, CO 80133
Estimated Value: $430,000 - $502,000
3
Beds
2
Baths
1,092
Sq Ft
$439/Sq Ft
Est. Value
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 2023Totally 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!
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,248
Avg. Annual Appreciation
3.08%
Original Mortgage
$430,402
Outstanding Balance
$422,522
Interest Rate
6.71%
Mortgage Type
FHA
Estimated Equity
$75,405
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
Similar Homes in Palmer Lake, CO
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
Average Home Value in this Area
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 Kaylah | $65,000 | |
| 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 | $95,719 | |
| Previous Owner | Smith Russell Ryan | $94,803 | |
| Closed | Watkins Timothy | $33,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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 | $1,496 | $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
76 Total Sales
-
Tricia Mandeville
Buyer's Agent in 2023
Tricia Mandeville
Exp Realty LLC
(719) 728-0923
3 in this area
149 Total Sales
Map
Source: Pikes Peak REALTOR® Services
MLS Number: 7816229
APN: 71051-02-011
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