NOT LISTED FOR SALE

7857 E State Highway 86 Franktown, CO 80116

Estimated Value: $691,000 - $901,000

3 Beds
2 Baths
2,000 Sq Ft
$396/Sq Ft Est. Value

Last Sold January 06, 2022

Last sale price $755,000 $378 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,773/month

3 Days on Market

Highlights

  • Horses Allowed On Property
  • Open Floorplan
  • Deck
  • Spa
  • Pine Trees
  • Property is near public transit

About This Home

As of January 2022

Come and see this COMPLETELY REMODELED home on over 4 treed acres in Franktown, a small farm and equestrian community located just minutes from Castle Rock, Parker, and Elizabeth. Close access to many parks, trails, and open spaces, such as Castlewood Canyon State Park, Hidden Mesa Open Space, Bayou Gulch Regional Park, and many more. You will find here the space and privacy you crave, with the convenience and amenities you desire.

The updated kitchen is designed to be the heart of the home completed with new soft-close white cabinets, quartz countertops and stainless steel appliances, which opens into the vaulted great room and dining area. Updated bathrooms and new flooring throughout. Beautiful pine trees and lush scrub oak offer privacy and views from every window as bountiful natural light streams in.

The exterior of the home has new James Hardie siding, new composite shingle roof, new gutters, new windows and doors. New Rheem furnace, water heater and newly installed central air conditioning. Everything is done and ready to move in.

Enjoy your evenings on the gorgeous redwood deck surrounded by trees or stargazing in the hot tub on the lower patio. Nature abounds in your own back yard for early morning or evening strolls. The entire acreage is fully fenced so no worries about pets. Gated entrance. No covenants or HOA. Douglas County Schools.

This amazing opportunity to own your own piece of natural beauty is move-in ready and no post-occupancy needed! This gem won’t last long so call to schedule your tour today!

Last Agent to Sell the Property

Christina Bell

Colorado Home and Ranch License #100092736 Listed on: 12/03/2021

Last Buyer's Agent

George Fleischmann

MB Liberty Associates LLC License #040013930

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,746

Year Built

  • Built in 1987 | Remodeled

Lot Details

  • 4.3 Acre Lot
  • Property is Fully Fenced
  • Landscaped
  • Planted Vegetation
  • Natural State Vegetation
  • Lot Has A Rolling Slope
  • Front and Back Yard Sprinklers
  • Irrigation
  • Pine Trees
  • Partially Wooded Lot
  • Many Trees
  • Private Yard
  • Grass Covered Lot
  • Property is zoned RR

Parking

  • 3 Car Garage
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Bi-Level Home
  • Frame Construction
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • Open Floorplan
  • Furnished or left unfurnished upon request
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Living Room
  • Bonus Room
  • Utility Room
  • Laundry Room
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Convection Oven
  • Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Spa
  • Deck
  • Patio

Schools

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

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Tack Room

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Well
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Smoke Free Home
  • Property is near public transit
  • Loafing Shed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: All sellers personal items. Black framed mirror in lower level bonus room. Washer & Dryer.
  • Property held in a trust
  • Assessor Parcel Number R0045129

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,746

Year Built

Built in 1987 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structure Type: House
  • Levels: Split Entry (Bi-Level)
  • Year Built: 1987
  • Above Grade Finished Sq Ft: 2000
  • Exclusions: All sellers personal items. Black framed mirror in lower level bonus room. Washer & Dryer.
  • Living Area: 2000
  • Property Condition: Updated/Remodeled
  • Directions: Property is located just east of Franktown Animal Hospital on North side of Hwy 86. After coming through the gate bear to the left to head towards the house.
  • SubdivisionName: None
  • Ownership: Corporation/Trust
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 1
  • REC_UpperLevelBedrooms: 1
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 1.04138
  • Special Features: VirtualTour

Interior Features

  • Appliances: Convection Oven, Dishwasher, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, High Speed Internet, Open Floorplan, Quartz Counters, Smoke Free, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 1
  • Basement: Daylight, Exterior Entry, Finished, Walk-Out Access
  • Basement: No
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Window Features: Double Pane Windows, Window Coverings, Window Treatments

Exterior Features

  • Roof: Composition
  • Construction Materials: Cement Siding, Frame
  • Exterior Features: Private Yard, Spa/Hot Tub
  • Patio and Porch Features: Deck, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Driveway-Gravel
  • Attached Garage: No
  • Garage Spaces: 3
  • Total Parking Spaces: 3
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected
  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Well
  • Laundry Features: Laundry Closet
  • Security: Carbon Monoxide 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
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: Sagewood

Lot Info

  • Horses: Yes
  • Parcel Number: R0045129
  • Lot Size Acres: 4.3
  • Fencing: Full
  • Building Area Total: 2000
  • Horse Amenities: Loafing Shed, Tack Room
  • Lot Features: Irrigated, Landscaped, Many Trees, Near Public Transit, Rolling Slope, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 187308
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2746

MLS Schools

  • Elementary School: Franktown
  • High School: Ponderosa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2021
Closed on
Jan 6, 2022
Sold by
Bell Living Trust
Bought by
Castro Edil E and Castro Natalie M
Seller's Agent
Christina Bell
Colorado Home and Ranch
Buyer's Agent
George Fleischmann
MB Liberty Associates LLC
List Price
$725,000
Sold Price
$755,000
Premium/Discount to List
$30,000
4.14%
Total Days on Market
3
Current Estimated Value
$792,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,445
Avg. Annual Appreciation
1.43%
Original Mortgage
$604,000
Outstanding Balance
$561,258
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$231,187

Purchase Details

Closed on
May 11, 2021
Sold by
Bell Living Trust
Bought by
Bell Matthew and Bell Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2020
Sold by
Wead Jesse Kasson
Bought by
Bell Living Trust

Purchase Details

Closed on
Mar 16, 2007
Sold by
Wead Richard C
Bought by
Wead Richard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,600
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 1998
Sold by
Wead Melanie M
Bought by
Wead Richard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,250
Interest Rate
7.09%

Purchase Details

Closed on
Dec 16, 1996
Sold by
Haugen Carl I and Haugen Ann E
Bought by
Wead Richard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,100
Interest Rate
10.05%

Purchase Details

Closed on
Nov 11, 1987
Sold by
Borchak Arlene G
Bought by
Haugen Carl I and Haugen Ann E

Purchase Details

Closed on
Oct 22, 1984
Sold by
Szymanski Fred L and Szymanski Wilma J
Bought by
Borchak David M and Borchak Arlene G
Source: Public Records

Similar Homes in Franktown, CO

  • 7596 Rafter Rd, Franktown, CO 80116

    $814,900

    • 4 Beds
    • 2.5 Baths
    • 2,144 Sq Ft
    • 7596 Rafter Rd
    • Franktown, CO

    Stunning views of Pikes Peak! Remodeled horse property near the city. This stunning 4 bedroom retreat on just under 3 acres with spectacular views of Castlewood Canyon and Pikes Peak is nestled in the sought-after Whispering Pines community. This home blends nature and convenience, with space for horses, chickens, and animals, just minutes from Parker, Castle Rock, Elizabeth, and the DTC. The

    Tamara Mattox Redfin Corporation

    Section Image
  • 2219 Meadow Green Cir, Franktown, CO 80116

    $875,000

    • 5 Beds
    • 3 Baths
    • 2,664 Sq Ft
    • 2219 Meadow Green Cir
    • Franktown, CO

    Don't miss this outstanding property on just over five acres in Franktown. Just a short drive to all the amenities of Castle Rock and Parker, enjoy your own slice of paradise in this idyllic location. This truly is Colorado close-to-nature at its best on an incredibly special plot of land ready for adventure. The property's Cape Cod-style two story features a main floor master, spacious and

    Holly Jorgensen Coldwell Banker Realty-NOCO

    Section Image
  • 2100 Bibles Hill Dr, Franktown, CO 80116

    $975,000

    • 4 Beds
    • 3 Baths
    • 2,648 Sq Ft
    • 2100 Bibles Hill Dr
    • Franktown, CO

    Rare, one-of-a-kind 4-bed, 3-bath sanctuary sprawls across just under 3,000 sf on over 7 acres of serene horse country—no HOA! This architectural gem offers breathtaking nature views from every window, flooding the home with light. The massive granite-countered kitchen is a chef’s dream, while the unique layout captivates at every turn. A stunning sunroom welcomes you with year-round comfort,

    Kimberlee Prechodko HomeSmart

    Section Image
  • 1340 Deerpath Trail, Franktown, CO 80116

    $874,000

    • 3 Beds
    • 2.5 Baths
    • 2,967 Sq Ft
    • 1340 Deerpath Trail
    • Franktown, CO

    Back on the Market - Buyer failed to secure loan approval. The lilt of birdsong, the rustle of pine groves and sweet prairie breezes—these simple pleasures aren’t confined to your imagination anymore. Wake up to them every day on your very own 5.33 idyllic acres in Franktown, and rest assured the conveniences and amenities of Castle Rock and Parker are just 15 minutes away. This truly is Colorado

    Grant Muller Compass - Denver

    Section Image
  • 2130 Frontier Ln, Franktown, CO 80116

    $950,000

    • 4 Beds
    • 3 Baths
    • 3,974 Sq Ft
    • 2130 Frontier Ln
    • Franktown, CO

    This is a rare opportunity to own an exceptionally 6.39-acre property in Franktown, located 15 minutes from downtown Castle Rock. Bannockburn is best known for its rolling hills and impressive views. The 3,974 awaits your creative ideas in redefining this estate property. One owner purchased the home in 1988, offering a rare opportunity to own this home for the next 40 years!The residence is

    Martin Yeager HomeSmart Realty

    Section Image
  • 10554 Tanglewood Rd, Franktown, CO 80116

    $950,000

    • 4 Beds
    • 3.5 Baths
    • 2,879 Sq Ft
    • 10554 Tanglewood Rd
    • Franktown, CO

    The wait is over…. This home is the perfect combination of close in acreage, impossible to find incredible views of the mountain range, horse ready with a 3 stall barn, huge carport building for storing rv/boat/rec toys, and not to mention, a completely remodeled home from top to bottom. We’re talking new vinyl windows, completely updated kitchen with granite, upgraded appliances, upgraded custom

    Sean Searle Tucker Realty of Colorado LLC

    Section Image
  • 720 N Bluff Dr, Franktown, CO 80116

    $887,500

    • 3 Beds
    • 3 Baths
    • 3,016 Sq Ft
    • 720 N Bluff Dr
    • Franktown, CO

    Check out this unique home in Franktown, an energy efficient Earth Sheltered 3 bed, 3 bath home nestled on 5 serene acres. Designed to blend seamlessly with it’s natural surroundings, this unique property offers year round comfort and exceptional insulation, keeping utility costs low. Inside, the cozy yet spacious layout features warm finishes, an open concept kitchen and living area, large

    Shannon Latino Keller Williams Action Realty LLC

    Section Image
  • 612 Nob Hill Trail, Franktown, CO 80116

    $999,000

    • 4 Beds
    • 3 Baths
    • 3,747 Sq Ft
    • 612 Nob Hill Trail
    • Franktown, CO

    Welcome to your serene retreat in the sought-after Pinewood Knolls neighborhood of Franktown. This beautifully updated 4-bedroom, 3-bath home sits on over 4.5 acres, offering the perfect balance of privacy, space, and modern comfort.Inside, you’ll find a warm and inviting atmosphere with newly stained hardwood floors and fresh interior paint throughout. The vaulted living room features a dramatic

    Elizabeth Richards LIV Sotheby's International Realty

    Section Image
  • 11840 Elkhorn Dr, Franktown, CO 80116

    $945,000

    • 4 Beds
    • 3.5 Baths
    • 2,464 Sq Ft
    • 11840 Elkhorn Dr
    • Franktown, CO

    This stunning home blends modern style with country charm, featuring neutral tones, abundant natural light, and an open-concept design. Inside, enjoy new engineered hardwood floors, plush new carpet, solid wood trim, and solid core doors. The spacious kitchen offers quartz countertops, ample storage, Samsung stainless steel appliances, and designer fixtures.The main floor features three large

    Andrew Fraser LPT Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Castro Edil E -- Stewart Title Company
Castro Edil E $755,000 Stewart Title Company
Bell Matthew -- Heritage Title Company
Bell Living Trust $457,000 None Available
Wead Richard C -- Chicago Title
Wead Richard C -- Title Services
Wead Richard C $189,000 --
Haugen Carl I $124,500 --
Borchak David M $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Edil E $604,000
Previous Owner Bell Matthew $486,500
Previous Owner Wead Richard C $265,115
Previous Owner Wead Richard C $216,056
Previous Owner Wead Richard C $50,000
Previous Owner Wead Richard C $240,000
Previous Owner Wead Richard C $238,600
Previous Owner Wead Richard C $50,000
Previous Owner Wead Richard C $169,957
Previous Owner Wead Richard C $179,250
Previous Owner Wead Richard C $170,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2022 01/06/22 Sold $755,000 +4.1% $378 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
12/03/2021 12/03/21 For Sale $725,000 -- $363 / 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 $4,055 $50,740 $26,990 $23,750
2023 $4,100 $50,740 $26,990 $23,750
2022 $2,923 $34,910 $18,540 $16,370
2021 $3,029 $34,910 $18,540 $16,370
2020 $2,746 $32,380 $14,030 $18,350
2019 $2,149 $32,380 $14,030 $18,350
2018 $1,844 $28,460 $12,160 $16,300
2017 $1,717 $28,460 $12,160 $16,300
2016 $1,283 $23,540 $9,430 $14,110
2015 $1,312 $23,540 $9,430 $14,110
2014 $2,005 $22,250 $9,150 $13,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: REcolorado®

MLS Number: 3349013

REcolorado®

APN: 2507-020-00-007