NOT LISTED FOR SALE

701 Buttercup Dr Lake City, CO 81235

Estimated Value: $661,500

4 Beds
2.5 Baths
2,554 Sq Ft
$259/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $575,000 $225 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,662/month

26 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • 2 Car Attached Garage
  • Deck
  • Log Cabin
  • Double Pane Windows

About This Home

As of June 2023

Lovely 2,554± Square foot log cabin overlooking the Ball Flats area. The cabin offers an attached 2 car garage with bedrooms and a bathroom above, this was added to the cabin and done with log siding. The cabin offers views of the mountains and valley throughout its space. Offering 4 bedrooms and 2 ½ bathrooms. Two bedrooms are located on the main level and two bedrooms are located on the second level. The main level has an eat-in kitchen opening up to a very large living area with a stone fireplace containing a woodboring insert. A full bath and half bath are located on the main level along with a laundry room and a flex space with entrance to the covered deck, which could function as extra sleeping space, den, or a mudroom. The cabin sits on two lots (.779 ± of an acre), giving you plenty of outdoor recreation space. You have two decks to enjoy, one right off the living area and one right off the kitchen. The deck off the kitchen has stairs that lead up to Buttercup Lane or you have a driveway into the garage from Buttercup Lane. The views of the mountains can be found all around the cabin, with trees planted in the front and some along the back. The historic town of Lake City is a short distance away providing many amenities to enjoy. The Lake Fork of the Gunnison River is a short walk or drive from the cabin with nice walking trails to enjoy. Lake City offers many outdoor recreational activities plus lots of arts to enjoy.

Last Agent to Sell the Property

Sandy Murphy

Murphy Real Estate Listed on: 01/26/2023

Co-Listed By

Michael Murphy

Murphy Real Estate

Last Buyer's Agent

Michael Murphy

Murphy Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,451

Year Built

  • Built in 1979

Lot Details

  • 0.78

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding
  • Stick Built Home

Interior Spaces

  • 2,554 Sq Ft Home
  • 1.5-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Window Treatments
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Mountain Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Schools

  • Lake City K-12 Elementary And Middle School
  • Lake City K-12 High School

Utilities

  • Heating System Uses Wood
  • Vented Exhaust Fan
  • Baseboard Heating
  • Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Internet Available
  • Phone Available

Additional Features

  • Deck
  • 0.78 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 450927401018

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,451

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Microwave, Exhaust Fan
  • Estimated Total Acres: 0.779
  • Class: RESIDENTIAL
  • Em Deposit: 6,000
  • Em Holder: Title Company
  • Exterior Inclusions: Deck
  • Interior Inclusions: Window Coverings, Part Furnished, Ceiling Fan(s), W/D Hookup, Pantry, Garage Door Opener
  • Legal Lot Block: LOTS 2 & 4, MTN VIEW ADDN TOWN OF LAKE CITY
  • Lot Size Acreage: .5 - .99
  • Parcel Id Number: 450927401018
  • Price Per Sq Ft: 225.14
  • Real Estate Included: Yes
  • Realist Id: 450927401018
  • Residence Stories: 1.5 Story
  • Residence Style: Log, Cabin
  • Sale/Rent: For Sale
  • Siding: Log
  • Sold Price Sq Ft: 225.14
  • Street Descriptionaccess: City/Town, Dirt, Public Winter Maintenance
  • Street Designation: Lane
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Access: Year Round
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: 1450.60
  • Year Built: 1979
  • Foreign Owned Y N: No
  • Prop Description Remarks: Lovely 2,554± Square foot log cabin overlooking the Ball Flats area. The cabin offers an attached 2 car garage with bedrooms and a bathroom above, this was added to the cabin and done with log siding. The cabin offers views of the mountains and valley throughout its space. Offering 4 bedrooms and 2 ½ bathrooms. Two bedrooms are located on the main level and two bedrooms are located on the second level. The main level has an eat-in kitchen opening up to a very large living area with a stone fireplace containing a woodboring insert. A full bath and half bath are located on the main level along with a laundry room and a flex space with entrance to the covered deck, which could function as extra sleeping space, den, or a mudroom. The cabin sits on two lots (.779 ± of an acre), giving you plenty of outdoor recreation space. You have two decks to enjoy, one right off the living area and one right off the kitchen. The deck off the kitchen has stairs that lead up to Buttercup Lane or you have a driveway into the garage from Buttercup Lane. The views of the mountains can be found all around the cabin, with trees planted in the front and some along the back. The historic town of Lake City is a short distance away providing many amenities to enjoy. The Lake Fork of the Gunnison River is a short walk or drive from the cabin with nice walking trails to enjoy. Lake City offers many outdoor recreational activities plus lots of arts to enjoy.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 18

Interior Features

  • Dining Room: Kitchen/Dining
  • Bedrooms: 4
  • Flooring: Carpet-Partial, Hardwood, Tile
  • Estimated Total Sq Ft: 2554
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 3
  • Fireplace Location Type: Stove Insert, Living Room
  • Foundation: Crawl Space
  • Total Office Den: 0

Exterior Features

  • Windows: Double Pane
  • Construction Type: Log, Wood
  • Roof: Metal
  • Views: Mountains

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Electric, Internet - DSL, Phone - Cell Reception, Phone - Landline
  • Electric Supplier: Gunnison County Electric Association
  • Heating System: Electric Baseboard, Fireplace
  • Sewer Supplier: Septic
  • Water Heater: Electric Water Heater
  • Water Supplier: Town of Lake City

Schools

  • Elementary School: Lake City K-12
  • Middle School: Lake City K-12
  • High School: Lake City K-12
  • High School: Lake City K-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Partially Furnished

Tax Info

  • Tax Year: 2022

MLS Schools

  • Elementary School: Lake City K-12
  • Middle School: Lake City K-12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
May 26, 2023
Sold by
Fairchild Patricia B
Bought by
Burroughs R & G 2021 Living Tr
Seller's Agent
Sandy Murphy
Murphy Real Estate
Buyer's Agent
Michael Murphy
Murphy Real Estate
List Price
$615,000
Sold Price
$575,000
Premium/Discount to List
-$40,000
-6.5%
Views
81
Current Estimated Value
$661,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,500
Original Mortgage
$431,250
Outstanding Balance
$422,515
Interest Rate
6.71%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Burroughs R & G 2021 Living Tr $575,000 Heritage Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burroughs R & G 2021 Living Tr $431,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2023 06/02/23 Sold $575,000 -6.5% $225 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $615,000 -- $241 / 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 $1,644 $26,740 $5,850 $20,890
2023 $1,652 $26,740 $5,850 $20,890
2022 $1,451 $23,840 $6,440 $17,400
2021 $1,466 $24,530 $0 $24,530
2020 $1,402 $24,530 $6,630 $17,900
2019 $1,398 $24,530 $6,630 $17,900
2018 $1,428 $24,700 $0 $24,700
2017 $1,347 $24,700 $0 $24,700
2016 $1,488 $27,310 $7,380 $19,930
2015 $1,427 $27,310 $7,380 $19,930
2014 $1,427 $26,280 $7,380 $18,900
2013 $1,359 $26,280 $0 $0
2012 $1,476 $28,670 $7,380 $21,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 800676

Colorado Real Estate Network (CREN)

APN: R000435