NOT LISTED FOR SALE

7822 E State Highway 86 Franktown, CO 80116

Estimated Value: $873,000 - $1,080,000

3 Beds
3 Baths
3,483 Sq Ft
$284/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $782,500 $225 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,943/month

60 Days on Market

Highlights

  • Horses Allowed On Property
  • Pine Trees
  • Meadow
  • Primary Bedroom Suite
  • Mountain View
  • Outdoor Fireplace

About This Home

As of August 2021

Incredible opportunity for a live/work lifestyle in Franktown, Colorado! This property is perfect for the person who loves to tinker or has a home based business and needs a lot of storage space in their set up. Enjoy convenient access to Franktown and the Front Range cities on this 2.7 acre property featuring an expansive 3500 square foot, split level home and 3 outbuildings. The property consists of over 9600 square feet of total home and outbuildings! The home is 3 bedrooms and 3 bathrooms with kitchen, dining room, living room, family room, and game room in the basement with a sunroom off the lower level. The home has plenty of room for your family or business and is ready for an update remodel with your personalized ideas. The main shop features 3800 square feet of space with 3 large oversized garage doors and is set up perfectly as an auto mechanics garage. The 2nd shop is 1500 square feet and set up as a perfect space for a wood working shop. The 3rd outbuilding is 948 square feet per county record and was a barn but is currently used for storage. If you are looking for country living in Franktown with easy access to Castle Rock, Parker or Elizabeth, and
you need space for your hobbies or home based business, this is a wonderful opportunity that you must check out! Come have a look today and start planning for your future!

Last Agent to Sell the Property

Matt Prowant

Prowant and Company License #40007172 Listed on: 05/12/2021

Last Buyer's Agent

Lin Miklas

RE/MAX Alliance License #040024510

RE/MAX Alliance

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,283

Year Built

  • Built in 1969

Lot Details

  • 2.71 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Meadow
  • Pine Trees
  • Partially Wooded Lot
  • Many Trees
  • Private Yard
  • Garden

Parking

  • 2 Car Attached Garage
  • Lighted Parking
  • Gravel Driveway

Property Views

  • Mountain
  • Meadow

Home Design

  • Fixer Upper
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Multi-Level Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Double Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Laminate Countertops
  • Utility Sink
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Sump Pump

Outdoor Features

  • Patio
  • Outdoor Fireplace
  • Fire Pit
  • Outdoor Grill
  • Rain Gutters

Schools

  • Franktown Elementary School
  • Sagewood Middle School
  • Ponderosa High School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral

Utilities

  • No Cooling
  • Forced Air Heating System
  • Baseboard Heating
  • Propane
  • Natural Gas Connected
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Smoke Free Home
  • Loafing Shed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: All sellers personal property, too substantial to list in this space.
  • Assessor Parcel Number R0040803

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,283

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: Multi/Split
  • Year Built: 1969
  • Above Grade Finished Sq Ft: 2833
  • Current Use: Live/Work
  • Exclusions: All sellers personal property, too substantial to list in this space.
  • Living Area: 3483
  • Property Condition: Fixer
  • Directions: From the intersection in Franktown, head 1/2 mile east on Highway 86 to property on the right, or south side of the Hwy. Property does have a shared driveway with 7824 e. highway 86. Home is on the right as you go down the driveway.
  • SubdivisionName: Metes & Bounds
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 2
  • REC_UpperLevelBedrooms: 3
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.71461
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Electric Water Heater, Refrigerator, Trash Compactor, Washer
  • Fireplaces: 1
  • Interior Amenities: Kitchen Island, Laminate Counters, Primary Suite, Pantry, Smoke Free, Utility Sink, Walk-In Closet(s)
  • Flooring: Carpet, Linoleum, Wood
  • Fireplace Features: Family Room, Outside, Wood Burning
  • Full Bathrooms: 1
  • Basement: Finished, Partial, Sump Pump
  • Basement: Yes
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 650
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Construction Materials: Brick, Wood Siding
  • View: Meadow, Mountain(s)
  • Exterior Features: Barbecue, Fire Pit, Garden, Private Yard, Rain Gutters
  • Patio and Porch Features: Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Driveway-Gravel, Lighted
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Propane
  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Baseboard, Electric, Forced Air
  • Water Source: Well
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Sagewood

Lot Info

  • Horses: Yes
  • Parcel Number: R0040803
  • Lot Size Acres: 2.71
  • Fencing: Partial
  • Building Area Total: 3483
  • Horse Amenities: Corral(s), Loafing Shed
  • Lot Features: Level, Many Trees, Meadow, Sloped
  • Lot Size Sq Ft: 118047.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3283

MLS Schools

  • Elementary School: Franktown
  • High School: Ponderosa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Aug 27, 2021
Sold by
Reinhardt Andrew T and Estate Of Arlyn Thomas Reinhar
Bought by
Mabry Kyle B and Chadwick Brittany M
Seller's Agent
Matt Prowant
Prowant and Company
Buyer's Agent
Lin Miklas
RE/MAX Alliance
List Price
$1,095,000
Sold Price
$782,500
Premium/Discount to List
-$312,500
-28.54%
Total Days on Market
60
Current Estimated Value
$990,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,234
Avg. Annual Appreciation
6.43%
Original Mortgage
$626,000
Outstanding Balance
$575,786
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$412,612

Purchase Details

Closed on
May 29, 1986
Sold by
Guaranty Bank & Trust Co
Bought by
Reinhardt T Reinhardt A and Reinhardt Patricia

Purchase Details

Closed on
Jul 5, 1973
Sold by
Cowan Thomas W and Cowan Shirley A
Bought by
Hadden Willard R and Haddan Carolyn K
Source: Public Records

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Range of Values:

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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
Mabry Kyle B $782,500 First American Title Ins Co
Reinhardt T Reinhardt A $132,000 --
Hadden Willard R $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mabry Kyle B $626,000
Previous Owner Reinhardt A T $235,000
Previous Owner Reinhardt A T $159,000
Previous Owner Reinhardt A T $318,000
Previous Owner Reinhardt A T $50,000
Previous Owner Reinhardt A T $100,000
Previous Owner Reinhardt A T $56,515
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $782,500 -13.0% $225 / Sq Ft
07/11/2021 07/11/21 Pending -- -- --
07/05/2021 07/05/21 Price Changed $899,000 -1.7% $258 / Sq Ft
07/01/2021 07/01/21 Price Changed $915,000 -2.1% $263 / Sq Ft
06/21/2021 06/21/21 Price Changed $935,000 -3.1% $268 / Sq Ft
06/14/2021 06/14/21 Price Changed $965,000 -3.0% $277 / Sq Ft
05/25/2021 05/25/21 Price Changed $995,000 -9.1% $286 / Sq Ft
05/12/2021 05/12/21 For Sale $1,095,000 -- $314 / 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 $4,764 $58,960 $24,160 $34,800
2023 $4,817 $58,960 $24,160 $34,800
2022 $3,480 $41,560 $16,130 $25,430
2021 $3,622 $41,690 $16,130 $25,560
2020 $3,283 $45,860 $12,170 $33,690
2019 $3,299 $45,860 $12,170 $33,690
2018 $2,928 $40,950 $10,680 $30,270
2017 $2,726 $40,950 $10,680 $30,270
2016 $2,508 $38,410 $10,350 $28,060
2015 $2,565 $38,410 $10,350 $28,060
2014 $2,328 $33,790 $10,350 $23,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 2089042

REcolorado®

APN: 2507-020-00-013