NOT LISTED FOR SALE

7418 County Road 43 Bailey, CO 80421

Estimated Value: $310,000 - $347,000

1 Bed
1 Bath
640 Sq Ft
$501/Sq Ft Est. Value

Last Sold February 22, 2023

Last sale price $271,000 $423 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,728/month

6 Days on Market

Highlights

  • Pine Trees
  • Deck
  • Wood Flooring
  • Mountain View
  • Vaulted Ceiling
  • Butcher Block Countertops

About This Home

As of February 2023

Come check out this cozy, charming 1950's cabin getaway that blends the authentic old world with the new. The large 390 S.F deck is the centerpiece of this quaint mountain retreat. The only thing you hear from the deck is the sounds of wild birds and the gentle babble of the water across the road as it moves down the creek. Very little traffic ever passes down the dead end road that leads to Mt. Evans Hiking Trail Loop. There is some of the best fly fishing in Colorado along the South Platte river, a free gun range and the 11.2 mile Slaughterhouse Gulch 4x4 trail all within a few miles. The cabin is newly remodeled with vaulted ceilings, skylights, new kitchen, pellet stove, bathroom ( shower to be installed soon) and vinyl flooring. There is a new septic system and water storage, but no well. This gem could be converted to full time living with the installation of a larger holding tank for water, or a well drilled.. The property has room for several cars and space to add a garage and storage areas.

Last Agent to Sell the Property

Alice Minaga

Brokers Guild Real Estate License #40018824 Listed on: 01/23/2023

Brokers Guild Real Estate

Last Buyer's Agent

Jorge Becerra

8z Real Estate License #100085296

8z Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $966

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 1.03 Acre Lot
  • Rock Outcropping
  • Lot Has A Rolling Slope
  • Pine Trees
  • Partially Wooded Lot

Home Design

  • Cottage
  • Block Foundation
  • Metal Roof
  • Log Siding

Interior Spaces

  • 640 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Wood Ceilings
  • Vaulted Ceiling
  • Skylights
  • Great Room with Fireplace
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Butcher Block Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Bathroom

Parking

  • 3 Parking Spaces
  • Dirt Driveway

Schools

  • Deer Creek Elementary School
  • Fitzsimmons Middle School
  • Platte Canyon High School
  • School of Choice Available

Utilities

  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • Cistern
  • Septic Tank

Additional Features

  • Smoke Free Home
  • Deck

Community Details

  • Royals Subdivision
  • Foothills

Listing and Financial Details

  • Assessor Parcel Number 18160

Home Details

Home Type

Single Family

Est. Annual Taxes

$966

Year Built

Built in 1953 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Structure Type: House
  • Levels: One
  • Above Grade Price per Sq Ft: 423.44
  • Finished Price per Sq Ft: 423.44
  • Total Price per Sq Ft: 423.44
  • School Of Choice Yn: Yes
  • Year Built: 1953
  • Above Grade Finished Sq Ft: 640.00
  • Current Use: Live/Work
  • Living Area: 640.00
  • Offstreet Spaces: 3
  • P P A: 263106.80
  • Water Included: Yes
  • Property Condition: Updated/Remodeled
  • Directions: Hwy 285 to CR 43A about 7 miles, watch for sign that takes CR43 to the left by the bank of mailboxes. Cabin is the second cabin on the right on a shared driveway.
  • SubdivisionName: Royals
  • Special Features: None

Interior Features

  • Appliances: Oven, Range, Refrigerator
  • Fireplaces: 1
  • Interior Amenities: Butcher Counters, Eat-in Kitchen, High Ceilings, Smoke Free, T&G Ceilings, Vaulted Ceiling(s)
  • Flooring: Laminate, Wood
  • Fireplace Features: Great Room
  • Room Count: 4
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Window Features: Skylight(s)

Exterior Features

  • Foundation Details: Block
  • Roof: Metal
  • Construction Materials: Log
  • View: Mountain(s)
  • Patio and Porch Features: Deck
  • Road Frontage Type: Public Road
  • Road Surface Type: Gravel

Garage/Parking

  • Parking Features: Driveway-Dirt
  • Total Parking Spaces: 3

Utilities

  • Utilities: Electricity Connected
  • Sewer: Septic Tank
  • Heating: Baseboard, Electric, Pellet Stove
  • Water Source: Cistern

Schools

  • Middle Or Junior School: Fitzsimmons

Lot Info

  • Parcel Number: 18160
  • Lot Size Acres: 1.03
  • Building Area Total: 640.00
  • Lot Features: Foothills, Rock Outcropping, Rolling Slope
  • Lot Size Sq Ft: 44866.80

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 966.00

MLS Schools

  • Elementary School: Deer Creek
  • High School: Platte Canyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2023
Closed on
Feb 21, 2023
Sold by
Montez Gilbert Lee
Bought by
Ramos-Portillo Guillermo
Seller's Agent
Alice Minaga
Brokers Guild Real Estate
Buyer's Agent
Jorge Becerra
8z Real Estate
List Price
$265,000
Sold Price
$271,000
Premium/Discount to List
$6,000
2.26%
Views
46
Current Estimated Value
$320,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,477
Avg. Annual Appreciation
5.91%
Original Mortgage
$10,514
Outstanding Balance
$7,663
Interest Rate
6.13%
Mortgage Type
FHA
Estimated Equity
$312,814

Purchase Details

Closed on
Jun 1, 2021
Sold by
Burns Charles Robert
Bought by
Montez Gilbert Lee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ramos-Portillo Guillermo $271,000 --
Montez Gilbert Lee $60,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramos-Portillo Guillermo $10,514
Open Ramos-Portillo Guillermo $262,870
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2023 02/22/23 Sold $271,000 +2.3% $423 / Sq Ft
01/29/2023 01/29/23 Pending -- -- --
01/23/2023 01/23/23 For Sale $265,000 -- $414 / Sq Ft
Source: REcolorado®

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 $830 $14,030 $4,630 $9,400
2023 $830 $14,030 $4,630 $9,400
2022 $565 $8,913 $2,647 $6,266
2021 $966 $15,815 $10,226 $5,589
2020 $693 $10,910 $8,130 $2,780
2019 $684 $10,910 $8,130 $2,780
2018 $699 $10,910 $8,130 $2,780
2017 $698 $10,800 $8,020 $2,780
2016 $694 $10,690 $7,720 $2,970
2015 $700 $10,690 $7,720 $2,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 2692670

REcolorado®

APN: 18160