NOT LISTED FOR SALE

7545 Indian Wells Way Lone Tree, CO 80124

Estimated Value: $842,000 - $896,000

3 Beds
2.5 Baths
2,536 Sq Ft
$346/Sq Ft Est. Value

Last Sold September 14, 2020

Last sale price $687,000 $271 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,430/month

2 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Deck
  • Eagle Ridge Elementary School Rated A-
  • Mountain View
  • Vaulted Ceiling

About This Home

As of September 2020

Stunning home backs to lush greenbelt with 3 bedrooms, 3 baths and a designer kitchen. Features vaulted ceilings in the open-concept living and family rooms, centered by a stone tile fireplace/mantle, and an abundance of light-filled double-paned windows in family room. Recently updated with an exquisite custom-designed kitchen including slab granite countertops, Heritage light greige custom cabinets, massive single chocolate granite drop-in sink, gas cooktop in the island, and stainless steel appliances. Kitchen featured in Showplace Kitchens magazine. Freshly painted in May 2020 and a new roof and gutters installed in late 2019. Entry opens to grand main level floorplan and sweeping circular staircase with wrought iron custom stair balusters. The Hand Scrapped Walnut hardwood floors continue throughout main level and upstairs to the second level master and loft. Master features vaulted ceiling with contemporary 5-piece bath and walk-in closet with built-ins. Laundry on main level features built-in Rustic Alder stained hardwood washer/dryer compartment and granite countertops for folding. New composite Trex deck overlooks peaceful backyard and English inspired gardens, and opens to sweeping views of the lush green walking path through gate. Calming waterfall and pond among the gorgeous landscaping surrounding the home. Features gas fireplace, an over-sized 3 car garage, central vacuum, and situated on a private cul-de-sac. Views of the mountains from west facing bedrooms. Walk to the Lone Tree golf course, hike along the Bluffs, or browse shopping/restaurants nearby at Park Meadows. Some furniture negotiable. Showings begin Monday July 27th at 10am with one hour showing windows.

Last Listed By

Sandy Schiel

Schiel Real Estate Group License #100044891 Listed on: 07/13/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,380

Year Built

  • Built in 1997 | Remodeled

Lot Details

  • 9,583 Sq Ft Lot
  • Cul-De-Sac
  • West Facing Home
  • Property is Fully Fenced
  • Landscaped
  • Front and Back Yard Sprinklers
  • Many Trees
  • Private Yard
  • Garden

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Dry Walled Garage
  • Exterior Access Door

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Family Room with Fireplace
  • Mountain Views
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Convection Oven
  • Down Draft Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Butcher Block Countertops
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Sump Pump
  • Stubbed For A Bathroom

Eco-Friendly Details

  • Smoke Free Home

Outdoor Features

  • Deck
  • Outdoor Water Feature

Schools

  • Eagle Ridge Elementary School
  • Cresthill Middle School
  • Highlands Ranch

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • 110 Volts
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Seller's Personal Property, Master bedroom finials and window coverings in the master bedroom (except blinds)
  • Assessor Parcel Number R0371388

Community Details

Overview

  • Terra Ridge HOA, Phone Number (303) 779-0789
  • Built by Sheffield Homes
  • Terra Ridge Subdivision, Summerfield Floorplan
  • Greenbelt

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,380

Year Built

Built in 1997 | Remodeled

Lot Details

0

HOA Fees

$40 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structure Type: House
  • Levels: Three Or More
  • Year Built: 1997
  • Above Grade Finished Sq Ft: 2536
  • Exclusions: Seller's Personal Property, Master bedroom finials and window coverings in the master bedroom (except blinds)
  • Living Area: 2536
  • Property Condition: Updated/Remodeled
  • Directions: From I-25, go west on Lincoln past Quebec to Lone Tree Parkway. Turn right on Lone Tree Parkway, then make an immediate left into Terra Ridge at Monument sign. Make a right at the "T" on Indian Wells Drive. Turn right at second cul-de-sac on the right. Home is in far right corner of the cul-de-sac at 7545 Indian Wells Way.
  • SubdivisionName: Terra Ridge
  • Ownership: Individual
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_BelowGradeUnfinishedArea: 1284.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 2
  • REC_UpperLevelBedrooms: 3
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 1.01778
  • Special Features: VirtualTour

Interior Features

  • Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Down Draft, Dryer, Gas Water Heater, Microwave, Oven, Refrigerator, Self Cleaning Oven, Sump Pump, Washer
  • Fireplaces: 1
  • Interior Amenities: Block Counters, Breakfast Nook, Built-in Features, Ceiling Fan(s), Central Vacuum, Entrance Foyer, Five Piece Bath, Granite Counters, Kitchen Island, Primary Suite, Open Floorplan, Pantry, Smoke Free, Utility Sink, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: Family Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Common Walls: No Common Walls
  • Basement: Bath/Stubbed, Partial, Unfinished
  • Basement: Yes
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Other Equipment: Satellite Dish
  • Window Features: Double Pane Windows, Window Coverings, Window Treatments

Exterior Features

  • Direction Faces: West
  • Foundation Details: Concrete Perimeter, Structural
  • Roof: Composition
  • Construction Materials: Wood Siding
  • View: Mountain(s)
  • Exterior Features: Garden, Private Yard, Water Feature
  • Patio and Porch Features: Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Concrete, Dry Walled, Exterior Access Door, Oversized
  • Attached Garage: Yes
  • Garage Spaces: 3
  • Total Parking Spaces: 3
  • REC_ParkingCount: 2

Utilities

  • Utilities: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Electric: 110V, 220 Volts
  • Security: Security System

Condo/Co-op/Association

  • Association Name: Terra Ridge HOA
  • Association Fee Frequency: Quarterly
  • Association Amenities: Trail(s)
  • Association Fee: 120
  • Phone: 303-779-0789
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 480.00
  • REC_AssociationFeeTotalAnnual: 480.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: AllenAssociatesInc.com
  • REC_AssociationStatusLetterPercentageOrFee: $400
  • REC_AssociationTransferAmount: $325

Schools

  • Middle Or Junior School: Cresthill

Lot Info

  • Parcel Number: R0371388
  • Lot Size Acres: 0.22
  • Fencing: Full
  • Building Area Total: 3820
  • Lot Features: Cul-De-Sac, Greenbelt, Landscaped, Many Trees, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 9583

Building Info

  • Builder Name: Sheffield Homes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4380

MLS Schools

  • Elementary School: Eagle Ridge
  • High School: Highlands Ranch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Sep 14, 2020
Sold by
Hannan Peter A
Bought by
Owen David B and Owen Fmtr Leanne
Seller's Agent
Sandy Schiel
Schiel Real Estate Group
Buyer's Agent
Matt Buerger
MB Buerger & Co Residential
List Price
$675,000
Sold Price
$687,000
Premium/Discount to List
$12,000
1.78%
Total Days on Market
2
Current Estimated Value
$876,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,419
Avg. Annual Appreciation
5.32%

Purchase Details

Closed on
Dec 2, 2016
Sold by
The Hannan Family Trust
Bought by
Hannan Peter A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,250
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 26, 2016
Sold by
Hannan Peter A
Bought by
The Hannan Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2012
Sold by
Hannan Peter A
Bought by
The Hannan Family Trust

Purchase Details

Closed on
Dec 29, 2011
Sold by
The Hannan Family Trust
Bought by
Hannan Peter A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,800
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 8, 2009
Sold by
Hannan Peter A and Hannan Chyrisse I
Bought by
The Hannan Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2009
Sold by
The Hannan Family Trust
Bought by
Hannan Peter A and Hannan Chyrisse I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2008
Sold by
Hannan Peter A and Hannan Chyrisse
Bought by
The Hannan Family Trust

Purchase Details

Closed on
Jun 30, 2004
Sold by
Zylstra Joe R and Zylstra Barbara A
Bought by
Hannan Peter A and Hannan Chyrisse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,900
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 11, 1997
Sold by
Sheffield Homes
Bought by
Zylstra Joe R and Zylstra Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,800
Interest Rate
7.93%

Purchase Details

Closed on
Jul 19, 1993
Sold by
Leslea Colo Partnership & Dunbury Co
Bought by
Sheffield Homes

Range of Values:

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Average Value
Not Available
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
Owen David B $687,000 First American
Hannan Peter A -- Stewart Title
The Hannan Family Trust -- Heritage Title Co
Hannan Peter A -- Heritage Title Co
The Hannan Family Trust -- Heritage Title
Hannan Peter A -- Heritage Title
The Hannan Family Trust -- Lt
Hannan Peter A -- Lt
The Hannan Family Trust -- None Available
Hannan Peter A $379,900 Land Title Guarantee Company
Zylstra Joe R $249,811 --
Sheffield Homes $912,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hannan Peter A $398,250
Previous Owner Hannan Peter A $396,000
Previous Owner Hannan Peter A $279,800
Previous Owner Hannan Peter A $284,000
Previous Owner Hannan Peter A $76,000
Previous Owner Hannan Peter A $303,900
Previous Owner Zylstra Joe R $165,000
Previous Owner Zylstra Joe R $159,800
Closed Hannan Peter A $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2020 09/14/20 Sold $687,000 +1.8% $271 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
07/26/2020 07/26/20 For Sale $675,000 -- $266 / 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 $5,809 $58,470 $11,130 $47,340
2023 $5,862 $58,470 $11,130 $47,340
2022 $4,388 $42,490 $7,530 $34,960
2021 $4,557 $42,490 $7,530 $34,960
2020 $4,367 $41,740 $8,150 $33,590
2019 $4,380 $41,740 $8,150 $33,590
2018 $3,595 $36,350 $7,450 $28,900
2017 $3,645 $36,350 $7,450 $28,900
2016 $3,751 $36,710 $7,750 $28,960
2015 $3,820 $36,710 $7,750 $28,960
2014 $3,315 $30,090 $7,510 $22,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 3862474

REcolorado®

APN: 2231-093-06-059