$265,000
SOLD APR 22, 2015

632 Palisade Dr Drake, CO 80515

2 Beds
2 Baths
1,875 Sq Ft
1.59 Acres

Recently Sold

$141 Per Sq Ft

5% Below List Price

28 Days on Market

Highlights

  • Parking available for a boat
  • Horses Allowed On Property
  • Open Floorplan
  • Big Thompson Elementary School Rated A-
  • Spa
  • Mountain View

About This Home

As of June 2022

BEAUTIFUL MOUNTAIN RETREAT! TRULY ONE OF A KIND! UNBELIEVABLE WOODWORK-ALL HAND-CRAFTED~ WOOD SPIRAL STAIRCASE TO MSTR BRM~ ARCHED DOORWAYS~ GORGEOUS BEETLE KILL DOORS~ VAULTED CEILINGS~ HARDWOOD INLAY IN COUNTER TOPS~ HOT TUB RM FINISHED IN ASPEN~ BREATHTAKING MOUNTAIN VIEWS~ WATCH WILDLIFE FROM THE HUGE DECK~ 2-SIDED MOSS ROCK FIREPLACE~ WET BAR~ 3 HEAT SOURCES~ 2 HOT WATER HEATERS~ 2 OUTBLDGS~ SOME FURNITURE. 1 Bedroom non-conforming. Sold AS-IS. Listing agent related to seller.

Last Agent to Sell the Property

Laura Nelson

Keller Williams 1st Realty Listed on: 02/03/2015

Last Buyer's Agent

Mike Richardson

Richardson Team Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,714

Year Built

  • Built in 1980

Lot Details

  • 1.59 Acre Lot
  • Southern Exposure
  • Partially Fenced Property
  • Rock Outcropping
  • Level Lot
  • Wooded Lot

HOA Fees

  • $27 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking available for a boat

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,875 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Double Sided Fireplace
  • Double Pane Windows
  • Window Treatments
  • Family Room
  • Living Room with Fireplace
  • Recreation Room with Fireplace
  • Loft
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Outbuilding

Schools

  • Big Thompson Elementary School
  • Clark Middle School
  • Thompson Valley High School

Utilities

  • Cooling Available
  • Heating System Uses Wood
  • Baseboard Heating
  • Propane
  • Septic System

Additional Features

  • Green Energy Fireplace or Wood Stove
  • Horses Allowed On Property

Community Details

  • Association fees include snow removal
  • Cedar Springs Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number R0466123

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,714

Year Built

Built in 1980

Lot Details

0

HOA Fees

$27 per month

Parking

3

Listing Details

  • Year Built: 1980
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 1.59
  • Road Surface Type: Gravel
  • Subdivision Name: Cedar Springs Estates
  • Directions: West on Hwy 34 to Drake. Take Right on CO Rd 43 where road forks. 1st Right onto Storm Mountain Rd to the top. Go Right at stop sign onto Palisade Mountain Dr. Continue Right thru the bears to the gates of the property.
  • Above Grade Finished Sq Ft: 1875
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Southern Exposure
  • Building Stories: 1
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1875
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: 2 or more H20 Heaters, Electric Range/Oven, Dishwasher, Refrigerator
  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Double Sided, Living Room, Family/Recreation Room Fireplace
  • Fireplace: Yes
  • Flooring: Wood Floors
  • Interior Amenities: Eat-in Kitchen, Cathedral/Vaulted Ceilings, Open Floorplan, Stain/Natural Trim, Loft, Wet Bar
  • Living Area: 1875
  • Window Features: Window Coverings, Skylight(s), Double Pane Windows
  • Dining Room Features: Wood Floor
  • IRESDS_HasFamilyRoom: Yes
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Upper
  • Room Bedroom2 Area: 80
  • Master Bedroom Master Bedroom Width: 10
  • Room Family Room Area: 308
  • Room Bedroom2 Level: Main
  • Master Bedroom Features: Wood Floor
  • Room Family Room Level: Main
  • Room Kitchen Features: Wood Floor
  • Room Living Room Area: 364
  • Family Room Features: Carpet
  • Living Room Features: Carpet
  • Room Kitchen Area: 117
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 200
  • Room Dining Room Area: 195
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Wooded, Level, Rock Outcropping
  • View: Mountain(s), Foothills View
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Exterior Features: Hot Tub Included
  • Other Structures: Workshop, Storage, Outbuildings
  • Patio And Porch Features: Patio, Deck
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Garage Door Opener, RV/Boat Parking, Heated Garage, Oversized
  • IRESDS_Garage Sq Ft: 800
  • IRESDS_GarageType: Attached

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric, REA
  • Heating: Baseboard, Wood Stove, 2 or more Heat Sources, Wood/Coal
  • Utilities: Electricity Available, Propane
  • Laundry Features: Washer/Dryer Hookups, Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal
  • Senior Community: No
  • Association Fee: 325
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: Yes

Schools

  • Elementary School: Big Thompson
  • HighSchool: Thompson Valley
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Clark (Walt)

Lot Info

  • Zoning: O
  • Current Use: Horses
  • Lot Size Sq Ft: 69152
  • Parcel #: R0466123
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 1713.67

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Jun 3, 2022
Sold by
Hawf Brian D
Bought by
Lynn Lori Susan and Barbe Jane Suzanne
Seller's Agent
Ryan Leahy
RE/MAX Mountain Brokers
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$575,000
Sold Price
$650,000
Premium/Discount to List
$75,000
13.04%
Current Estimated Value
$643,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,373
Avg. Annual Appreciation
0.22%
Original Mortgage
$511,200
Outstanding Balance
$487,055
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$167,626

Purchase Details

Listed on
Feb 3, 2015
Closed on
Apr 22, 2015
Sold by
Weed Debra D
Bought by
Hawf Brian D
Seller's Agent
Laura Nelson
Keller Williams 1st Realty
Buyer's Agent
Mike Richardson
Richardson Team Realty
List Price
$280,000
Sold Price
$265,000
Premium/Discount to List
-$15,000
-5.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.43%
Original Mortgage
$270,408
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2005
Sold by
Likely Gary D and Likely Jimmie E
Bought by
Weed Roger T and Weed Debra D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,900
Interest Rate
6.06%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 18, 2001
Sold by
Likely Gary P and Likely Jimmie E
Bought by
Likely Gary D and Likely Jimmie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,250
Interest Rate
7.11%

Purchase Details

Closed on
Nov 12, 1999
Sold by
Gilbert Jimmy D
Bought by
Likely Gary P and Likely Jimmie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.83%

Purchase Details

Closed on
May 1, 1977
Bought by
Gilbert Jimmy D
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $650,000 None Listed On Document
Warranty Deed $265,000 Land Title Guarantee Company
Warranty Deed $269,900 Guardian Title Agency
Interfamily Deed Transfer -- Chicago Title Co
Warranty Deed $225,000 --
Warranty Deed $4,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $511,200 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $329,250 New Conventional
Previous Owner $320,000 New Conventional
Previous Owner $270,408 New Conventional
Previous Owner $215,900 Fannie Mae Freddie Mac
Previous Owner $26,900 Balloon
Previous Owner $163,250 No Value Available
Previous Owner $175,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2022 06/04/22 Sold $650,000 +13.0% $392 / Sq Ft
05/06/2022 05/06/22 For Sale $575,000 +117.0% $347 / Sq Ft
05/03/2020 05/03/20 Off Market $265,000 -- --
04/22/2015 04/22/15 Sold $265,000 -5.4% $141 / Sq Ft
03/23/2015 03/23/15 Pending -- -- --
02/03/2015 02/03/15 For Sale $280,000 -- $149 / Sq Ft
Source: IRES MLS

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 $4,083 $42,498 $3,819 $38,679
2024 $3,978 $42,498 $3,819 $38,679
2022 $2,930 $28,182 $2,516 $25,666
2021 $3,003 $28,993 $2,588 $26,405
2020 $3,162 $30,395 $2,360 $28,035
2019 $3,121 $30,395 $2,360 $28,035
2018 $2,819 $26,194 $2,052 $24,142
2017 $2,522 $26,194 $2,052 $24,142
2016 $2,041 $20,744 $1,751 $18,993
2015 $2,021 $20,740 $1,750 $18,990
2014 $1,714 $17,830 $2,070 $15,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 754669

IRES MLS

APN: 16263-18-002