NOT LISTED FOR SALE

7185 Co Road 5 Fairplay, CO 80440

Estimated Value: $1,159,820 - $1,544,000

4 Beds
2.5 Baths
2,928 Sq Ft
$447/Sq Ft Est. Value

Last Sold December 06, 2018

Last sale price $775,000 $265 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $7,392/month

Highlights

  • Lake View
  • Vaulted Ceiling
  • Tile Flooring
  • 105.62 Acre Lot
  • 1 Car Garage
  • Forced Air Heating System

About This Home

As of December 2018

The recently renovated & upgraded beautiful mountain contemporary home sets elevated overlooking the surrounding mountains & creek valley. 6 Stall Barn is supported by 800 sq ft shop, arena, paddocks, & loafing sheds-fenced & cross fenced. Plus 340sqft guest cottage/studio, 375sqft greenhouse, & historic homestead cabin.

Last Agent to Sell the Property

Bill Davis

Keller Williams Foothills R.E. License #FA100035328 Listed on: 08/16/2018

Keller Williams Foothills R.E.

Last Buyer's Agent

Agent Not In Board

NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,122

Year Built

  • Built in 1989

Lot Details

  • 105.62 Acre Lot
  • Zoning described as Residential Rural

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Log Siding

Interior Spaces

  • 2,928 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Vaulted Ceiling
  • Wood Burning Fireplace

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Propane
  • Well
  • Septic Tank
  • Septic System

Community Details

  • Black Mountain Subdivision

Listing and Financial Details

  • Assessor Parcel Number 41316

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,122

Year Built

Built in 1989

Lot Details

0

HOA Fees

$8 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 105.62
  • Subdivision Name: BLACK MOUNTAIN
  • Directions: From stoplight in Fairplay 4.7 miles turn Rt County Rd 5 6.3 miles: Cross Creek Ranch on Rt
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Year Built: 1989
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Appliances: Cooktop, Dishwasher, Microwave, Refrigerator, Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Fireplace, Vaulted Ceiling(s)
  • Living Area: 2928.0

Exterior Features

  • Lot Features: See Remarks
  • View: Lake, Mountain(s)
  • View: Yes
  • Exclusions: Do Not Know
  • Construction Type: Log, Wood Frame
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached, Detached, Garage, Three or more Spaces

Utilities

  • Green Building Features: Not Applicable
  • Heating: Baseboard, Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Propane, Septic Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: None
  • Association Fee: 90.0
  • Association Fee Frequency: Annually
  • Pets Allowed: Owner Only, Pet Restrictions

Fee Information

  • Association Fee Includes: See Remarks

Lot Info

  • Lot Size Sq Ft: 4600807.2
  • Parcel #: 41316
  • Zoning Description: Residential Rural

Tax Info

  • Tax Annual Amount: 2122.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2022
Sold by
Danyel Newcom
Bought by
Newcom Derek
Current Estimated Value
$1,310,205

Purchase Details

Listed on
Aug 16, 2018
Closed on
Dec 6, 2018
Sold by
Jones William K and Jones Sandra S
Bought by
Newcom Derek A and Newcom Danyel M
Seller's Agent
Bill Davis
Keller Williams Foothills R.E.
Buyer's Agent
Agent Not In Board
NON-BOARD OFFICE
List Price
$775,000
Sold Price
$775,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$581,250
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Newcom Derek $180,000 None Listed On Document
Newcom Derek A $775,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newcom Derek A $581,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2018 12/06/18 Sold $775,000 0.0% $265 / Sq Ft
11/06/2018 11/06/18 Pending -- -- --
08/16/2018 08/16/18 For Sale $775,000 -- $265 / Sq Ft
Source: Summit 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
2024 $4,839 $79,610 $34,120 $45,490
2023 $4,839 $79,610 $34,120 $45,490
2022 $3,339 $52,182 $35,568 $16,614
2021 $3,265 $53,680 $36,590 $17,090
2020 $2,601 $41,420 $18,150 $23,270
2019 $2,519 $41,420 $18,150 $23,270
2018 $2,354 $41,420 $18,150 $23,270
2017 $2,122 $37,890 $16,770 $21,120
2016 $2,239 $41,310 $18,460 $22,850
2015 $2,283 $41,310 $18,460 $22,850
2014 $1,927 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Summit MLS

MLS Number: S1010616

Summit MLS

APN: 41316