NOT LISTED FOR SALE

773 Timber Ridge Rd Divide, CO 80814

Estimated Value: $14,639 - $389,000

0.5 Acre
$403,640 Price per Acre
21,780 Sq Ft Lot

Last Sold September 18, 2024

Last sale price $16,500

Est. 1,123% increase in value since last sale

Current estimated payment $1,062/month

39 Days on Market

Highlights

  • Aspen Trees
  • Secluded Lot
  • Natural State Vegetation
  • Mountain View
  • Lot Has A Rolling Slope

About This Lot

As of September 2024

Beautiful Colorado Mountain Property with Amazing Views

Auction Property: List Price is the starting bid and non-reflective of value. Property is being auctioned with an undisclosed reserve. You have the opportunity to purchase this Beautiful Colorado Mountain Property with Amazing Views by an Open Bidding On-Line Auction for a perfect get away or build your dream home.

This property features magnificent views of the valley below and mountains around it, very buildable 0.50 acres with lots of trees for privacy and power on the property line. The property is located in the Rainbow Valley Subdivision with year-round access. Outdoor enthusiast will enjoy the very close proximity to 1,000’s of acres of National Forest, as well as endless hiking in the surrounding mountain ranges. You don’t want to miss out on this opportunity to own this beautiful mountain property that has so much potential.

Lifestyle in the Central Colorado Mountains

Central Colorado Mountains include several communities west of Colorado Springs including Woodland Park, Divide, Florissant, Canon City, Cripple Creek, Victor, Lake George and Hartsel. Residents have endless options for outdoor activities such as: boating on Eleven Mile and Spinney Reservoirs, fishing inYou the Gold Medal Waters of the Dream Stream, biking & hiking in Mueller State Park, exploring the Florissant Fossil Beds National Monument, and the mining towns of Cripple Creek, Victor. In addition, we are only a 1 hr 30 minute drive to World Class skiing in Breckenridge.
The property is approximately a 60-minute drive from downtown Colorado Springs, offering access to more amazing sites - including the US Air Force Academy, Garden of the Gods, plus easy air transportation from the Colorado Springs Airport. This mountain property can offer an amazing lifestyle while maintaining easy access to both small and large communities in the Pikes Peak region.

Last Agent to Sell the Property

Tod Tobiasson

United Country Timberline Realty Brokerage Email: tod@tobiassonrealty.com,719-930-3114 License #100090778 Listed on: 07/20/2024

Last Buyer's Agent

Tod Tobiasson

United Country Timberline Realty Brokerage Email: tod@tobiassonrealty.com,719-930-3114 License #100090778 Listed on: 07/20/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $157

Lot Details

  • 0.5 Acre Lot
  • Dirt Road
  • Year Round Access
  • Natural State Vegetation
  • Secluded Lot
  • Lot Has A Rolling Slope
  • Aspen Trees
  • Pine Trees
  • Wooded Lot
  • Many Trees

HOA Fees

  • $3 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Utilities

  • Electricity To Lot Line
  • Phone Available

Community Details

  • Rainbow Valley Poa, Phone Number (816) 547-1145
  • Rainbow Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number R0010053

Property Details

Property Type

Land

Est. Annual Taxes

$157

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Current Use: Vacant
  • Exclusions: None
  • Directions: Directions – From Woodland Park, West on Hwy 24, South on Hwy 67, R on Primrose Ln, R on Timber Ridge Rd, The destination is on your left, Look for the Sign.
  • SubdivisionName: Rainbow Valley
  • Ownership: Individual
  • REC_RVSpaces: 0
  • REC_WaterIncludedYN: 0
  • Ratio Close Price By Original Li: 15.15152
  • Special Features: Auction

Exterior Features

  • View: Mountain(s), Valley
  • Road Frontage Type: Public, Year Round
  • Road Surface Type: Dirt

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: Electricity To Lot Line, Phone Available

Condo/Co-op/Association

  • Association Name: Rainbow Valley POA
  • Association Fee Frequency: Annually
  • Association Fee: 30
  • Phone: 816-547-1145
  • Association: Yes

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 30.00
  • REC_AssociationFeeTotalAnnual: 30.00
  • REC_AssociationManagementType: Self Managed
  • REC_AssociationURL: https://rvpoa.com

Lot Info

  • Parcel Number: R0010053
  • Lot Size Acres: 0.5
  • Fencing: None
  • Possible Use: Residential
  • Lot Features: Many Trees, Rolling Slope, Secluded
  • Lot Size Sq Ft: 21780
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 157.32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2024
Closed on
Sep 18, 2024
Sold by
Pelaccio Dennis G and Pelaccio Mercedes
Bought by
Lazy K Cabins Llc
Seller's Agent
Tod Tobiasson
United Country Timberline Realty
Buyer's Agent
Tod Tobiasson
United Country Timberline Realty
List Price
$1,089
Sold Price
$16,500
Premium/Discount to List
$15,411
1415.15%
Views
12
Current Estimated Value
$201,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,320
Avg. Annual Appreciation
566.57%

Purchase Details

Closed on
Dec 5, 2018
Sold by
Century Escrow Corp
Bought by
Pelaccio Dennis G and Pelaccio Merceds

Purchase Details

Closed on
Nov 27, 1996
Bought by
Century Escrow Corp
Source: Public Records
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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
Lazy K Cabins Llc $15,000 Fntc
Pelaccio Dennis G -- None Available
Century Escrow Corp $4,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2024 09/18/24 Sold $16,500 +1415.2% --
08/29/2024 08/29/24 Pending -- -- --
07/20/2024 07/20/24 For Sale $1,089 -- --
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 $167 $2,370 $2,370 $0
2023 $167 $2,370 $2,370 $0
2022 $88 $1,340 $1,340 $0
2021 $87 $1,340 $1,340 $0
2020 $95 $1,480 $1,480 $0
2019 $94 $1,480 $0 $0
2018 $191 $2,910 $0 $0
2017 $191 $2,910 $0 $0
2016 $179 $2,740 $0 $0
2015 $199 $2,740 $0 $0
2014 $180 $2,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 5226940

REcolorado®

APN: R0010053