NOT LISTED FOR SALE

777 Palisade Mountain Dr Drake, CO 80515

Estimated Value: $72,029 - $77,000

0.96 Acre
$77,620 Price per Acre
41,818 Sq Ft Lot

Last Sold July 01, 2024

Last sale price $72,500

Est. 3% increase in value since last sale

Current estimated payment $540/month

47 Days on Market

Highlights

  • Mountainous Lot
  • Park
  • Agricultural
  • Big Thompson Elementary School Rated A-

About This Lot

As of July 2024

Exceptional sloping lot with snow capped Long's Peak and valley views. Phone and electric service are at the road. Community lake for fishing. PID formed for road maintenance and tax amount reflects this. Come build your dream home on this really nice site with 360 degree views. Close to Estes Park and National Forest land. Well and septic needed.

Last Agent to Sell the Property

Doug Miller

Group Mulberry Listed on: 05/15/2024

Group Mulberry

Co-Listed By

Marsha Petrovic

Group Mulberry

Last Buyer's Agent

Jeffrey Pyle

Focal Real Estate Group

Property Details

Property Type

  • Land

Lot Details

  • 0.96 Acre Lot
  • Sloped Lot
  • Mountainous Lot

HOA Fees

  • $4 Monthly HOA Fees

Schools

  • Big Thompson Elementary School
  • Clark Middle School
  • Thompson Valley High School

Additional Features

  • Agricultural
  • Propane

Listing and Financial Details

  • Assessor Parcel Number R0466794

Community Details

Overview

  • Association fees include management
  • Cedar Springs Subdivision

Recreation

  • Park

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Development Status: Architectural Approval Required, Homeowners' Association, Building Permit Ready
  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Horses: No
  • Lot Size Acres: 0.96
  • Road Surface Type: Gravel
  • Co List Office Mls Id: 9GRPN
  • Subdivision Name: Cedar Springs
  • IRESDS_HasWaterRights: No
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: No Improvements, Sloped, Agricultural, Mountains
  • Waterfront: No

Utilities

  • Electric: Electricity at Property, REA
  • Utilities: Propane
  • Sewer: No Water/Sewer
  • Water Source: No Water/Sewer, Well

Condo/Co-op/Association

  • HOA Fee Includes: Management
  • Community Features: Park
  • Senior Community: No
  • Association Fee: 52.5
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: Yes
  • IRESDS_HasAssociationFee: Yes

Schools

  • Elementary School: Big Thompson
  • HighSchool: Thompson Valley
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Clark (Walt)

Lot Info

  • Zoning: O
  • Lot Size Sq Ft: 41922
  • Parcel #: R0466794
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1630

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jul 1, 2024
Sold by
Kao Ping-Hui and Kao Sue-Lan
Bought by
Hirz Kerry D and Lux William J
Seller's Agent
Doug Miller
Group Mulberry
Buyer's Agent
Jeffrey Pyle
Focal Real Estate Group
List Price
$75,000
Sold Price
$72,500
Premium/Discount to List
-$2,500
-3.33%
Views
12
Current Estimated Value
$74,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,015
Avg. Annual Appreciation
-1.02%
Original Mortgage
$58,000
Outstanding Balance
$56,977
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$14,626

Purchase Details

Closed on
Apr 21, 2011
Sold by
Kao Ping Hui and Kao Sue Lan
Bought by
Kao Ping Hui and Kao Sue Lan

Purchase Details

Closed on
Nov 17, 2007
Sold by
Kao Sue Lan and Kao Ping Hui
Bought by
Kao Sue Lan and Kao Ping Hui

Purchase Details

Closed on
Jun 3, 1998
Sold by
Hansen Ric
Bought by
Kao Sue Lan and Kao Ping Hui

Purchase Details

Closed on
Apr 1, 1996
Sold by
Hughes John P
Bought by
Bradley William

Purchase Details

Closed on
Nov 1, 1995
Sold by
Eckard Michael R
Bought by
Hughes Joyce

Purchase Details

Closed on
Aug 1, 1995
Sold by
Rieck Tracy L By Aif
Bought by
Eckard Michael R

Purchase Details

Closed on
May 1, 1995
Sold by
Korman Louise Reed
Bought by
Gasper Kimberly K
Source: Public Records

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
Hirz Kerry D $72,500 None Listed On Document
Kao Ping Hui -- None Available
Kao Sue Lan -- None Available
Kao Sue Lan $15,500 Security Title
Bradley William $13,500 --
Hughes Joyce $20,000 --
Eckard Michael R $18,500 --
Gasper Kimberly K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hirz Kerry D $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $72,500 -3.3% --
05/15/2024 05/15/24 For Sale $75,000 -- --
Source: IRES 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
2025 $1,673 $15,903 $15,903 --
2024 $1,630 $15,903 $15,903 --
2022 $1,091 $10,498 $10,498 $0
2021 $1,087 $10,498 $10,498 $0
2020 $996 $9,570 $9,570 $0
2019 $983 $9,570 $9,570 $0
2018 $889 $8,265 $8,265 $0
2017 $796 $8,265 $8,265 $0
2016 $628 $6,380 $6,380 $0
2015 $622 $6,380 $6,380 $0
2014 $725 $7,540 $7,540 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 1009539

IRES MLS

APN: 16263-21-002