$1,550,000
SOLD OCT 17, 2024

8304 Burning Tree Dr Franktown, CO 80116

5 Beds
5.5 Baths
7,764 Sq Ft
5 Acres

Recently Sold

$200 Per Sq Ft

22% Below List Price

208 Days on Market

Highlights

  • Horses Allowed On Property
  • Open Floorplan
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Mountain View
  • Deck

About This Home

As of October 2024

Welcome to the epitome of Colorado living at 8304 Burning Tree Ranch Dr. This custom home offers over 7,000 sq ft of finished living space, meticulously designed to exceed your every expectation. This amazing home was conceptualized by the seller, sitting under a tree on the beautiful 5 acre setting, and gazing at the stunning mountain views where she began to sketch her dream home. Every room in this home offers stellar Colorado mountain views, creating a sense of tranquility and awe-inspiring beauty. The open design of this home allows for seamless flow and abundant natural light, creating a warm and inviting atmosphere for family and guests. CAR ENTHUSIASTS! You will delight in the two garages capable of holding over 16 cars, providing ample space for your prized collection. The 12-car garage has temperature sensing ceiling heaters, so your 4-wheeled friends will stay warm and safe, also giving a comfortable environment to work on your projects. This amazing space also has a loft for added workspace, and a main floor office area. Within the home, The primary suite is a sanctuary, taking up half of the second floor, with a fireplace, sitting area for morning coffee, and a walk-in closet that you can get lost in! Three of the remaining four bedrooms are also En Suite, providing convenience and privacy for family or guests. The walkout basement isn't just a space; it's an immersive escape for added enjoyment. The fun and entertainment never stops, with a pool table/gaming area, along with a wet bar for entertaining, and a fourth fireplace and TV space for catching your favorite games or creating a theater experience. Situated on 5 acres of horse property, this estate offers endless opportunities for outdoor enjoyment and relaxation. Welcome to a residence that transcends the ordinary, offering you an unparalleled sanctuary for a life well-lived!

Last Agent to Sell the Property

Kelly Nichols

RE/MAX Professionals Brokerage Email: KELLYNICHOLS@REMAX.NET,303-973-3313 License #100031189 Listed on: 02/23/2024

RE/MAX Professionals

Last Buyer's Agent

Jennifer Briseno

Success Realty Experts, LLC License #100031161

Success Realty Experts, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,045

Year Built

  • Built in 1997

Lot Details

  • 5 Acre Lot
  • Landscaped
  • Partially Wooded Lot
  • Many Trees
  • Private Yard
  • Property is zoned RR

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 16 Car Attached Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Lighted Parking
  • Dry Walled Garage
  • Epoxy
  • Exterior Access Door
  • Circular Driveway

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Bay Window
  • Entrance Foyer
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room
  • Mountain Views
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Down Draft Cooktop
  • Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Fireplace in Basement
  • Bedroom in Basement
  • 2 Bedrooms in Basement

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 110 Volts
  • Natural Gas Connected
  • Well
  • Gas Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Additional Features

  • Smoke Free Home
  • Deck
  • Horses Allowed On Property

Community Details

  • Burning Tree Ranch Homeowner's Association, Phone Number (801) 631-4346
  • Burning Tree Ranch Subdivision

Listing and Financial Details

  • Exclusions: seller's personal property and any staging items, cars negotiable
  • Property held in a trust
  • Assessor Parcel Number R0229809

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,045

Year Built

Built in 1997

Lot Details

0

HOA Fees

$8 per month

Parking

16

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Structure Type: House
  • Levels: Two
  • Year Built: 1997
  • Above Grade Finished Sq Ft: 5432
  • Exclusions: seller's personal property and any staging items, cars negotiable
  • Living Area: 7764
  • SubdivisionName: Burning Tree Ranch
  • Ownership: Corporation/Trust
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • REC_BasementLevelBathrooms: 2
  • REC_BasementLevelBedrooms: 2
  • REC_BelowGradeUnfinishedArea: 584.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 2
  • REC_UpperLevelBedrooms: 2
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.78481
  • Attribution Contact: KELLYNICHOLS@REMAX.NET,303-973-3313
  • Special Features: VirtualTour

Interior Features

  • Appliances: Cooktop, Double Oven, Down Draft, Dryer, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven
  • Fireplaces: 4
  • Interior Amenities: Breakfast Nook, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Five Piece Bath, Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Smoke Free, Walk-In Closet(s), Wet Bar
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: Basement, Family Room, Gas Log, Living Room, Primary Bedroom
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Common Walls: No Common Walls
  • Basement: Exterior Entry, Full, Walk-Out Access
  • Basement: Yes
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 2332
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Window Features: Bay Window(s), Double Pane Windows, Window Coverings

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick, Frame, Wood Siding
  • View: Mountain(s)
  • Exterior Features: Private Yard
  • Patio and Porch Features: Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Circular Driveway, Concrete, Dry Walled, Exterior Access Door, Finished, Floor Coating, Heated Garage, Lighted, Oversized, Storage
  • Attached Garage: Yes
  • Garage Spaces: 16
  • Total Parking Spaces: 16
  • REC_ParkingCount: 2

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available
  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Well
  • Electric: 110V
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)

Condo/Co-op/Association

  • Association Name: Burning Tree Ranch Homeowner's Association
  • Association Fee Frequency: Annually
  • Association Fee: 100
  • Phone: 801-631-4346
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 100.00
  • REC_AssociationFeeTotalAnnual: 100.00
  • REC_AssociationManagementType: Voluntary
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: www.burningtreeranchhoa.com

Schools

  • Middle Or Junior School: Sagewood

Lot Info

  • Horses: Yes
  • Parcel Number: R0229809
  • Lot Size Acres: 5
  • Fencing: None
  • Building Area Total: 8348
  • Lot Features: Landscaped, Many Trees
  • Lot Size Sq Ft: 217800
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5045

MLS Schools

  • Elementary School: Franktown
  • High School: Ponderosa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Oct 17, 2024
Sold by
Christ Family Trust
Bought by
Martinez Gabriel Mathew and Martinez Kayla Rose
Seller's Agent
Kelly Nichols
RE/MAX Professionals
Buyer's Agent
Jennifer Briseno
Success Realty Experts, LLC
List Price
$1,975,000
Sold Price
$1,550,000
Premium/Discount to List
-$425,000
-21.52%
Views
273
Current Estimated Value
$1,587,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,528
Avg. Annual Appreciation
-0.67%
Original Mortgage
$700,000
Outstanding Balance
$696,612
Interest Rate
6.2%
Mortgage Type
VA
Estimated Equity
$844,590

Purchase Details

Closed on
May 3, 2010
Sold by
Christ Donald L and Christ Judith E
Bought by
Christ Donald L and Christ Judith E

Purchase Details

Closed on
Apr 29, 2010
Sold by
Christ Judith E and Christ Donald L
Bought by
Christ Judith E and Christ Donald L

Purchase Details

Closed on
Mar 17, 2009
Sold by
Eavenson Judith H and Christ Donald L
Bought by
Christ Judith E and Christ Donald L

Purchase Details

Closed on
Aug 21, 2001
Sold by
Eavenson Judith H and Christ Donald J
Bought by
Eavenson Judith H and Christ Donald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,500
Interest Rate
6.88%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 14, 1999
Sold by
Eavenson Judith H and Christ Donald J
Bought by
Eavenson Judith H and Christ Donald J

Purchase Details

Closed on
Jan 16, 1997
Sold by
Mcc & Associates Inc
Bought by
Eavenson Judith H and Christ Donald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.43%

Purchase Details

Closed on
May 1, 1992
Sold by
American Fin Mgmt Group Inc
Bought by
Mcc & Assoc

Purchase Details

Closed on
Apr 30, 1992
Sold by
Dennington Michael L and Dennington Donna L
Bought by
American Fin Mgmt Group Inc

Purchase Details

Closed on
Jul 1, 1981
Sold by
Unavailable
Bought by
Unavailable
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 Type Sale Price Title Company
Warranty Deed $1,550,000 Land Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Warranty Deed $591,734 --
Warranty Deed $55,000 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed $57,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $700,000 VA
Previous Owner $63,000 Unknown
Previous Owner $86,500 Unknown
Previous Owner $170,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2024 10/17/24 Sold $1,550,000 -8.8% $200 / Sq Ft
09/12/2024 09/12/24 Price Changed $1,700,000 -5.3% $219 / Sq Ft
08/09/2024 08/09/24 Price Changed $1,795,000 -4.8% $231 / Sq Ft
05/23/2024 05/23/24 Price Changed $1,885,000 -4.6% $243 / Sq Ft
02/23/2024 02/23/24 For Sale $1,975,000 -- $254 / 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 $7,959 $102,730 $35,830 $66,900
2023 $8,048 $102,730 $35,830 $66,900
2022 $5,045 $67,200 $24,370 $42,830
2021 $5,228 $67,200 $24,370 $42,830
2020 $4,952 $65,540 $20,310 $45,230
2019 $4,976 $65,540 $20,310 $45,230
2018 $4,530 $59,450 $16,670 $42,780
2017 $4,218 $59,450 $16,670 $42,780
2016 $4,350 $60,780 $15,200 $45,580
2015 $2,224 $60,780 $15,200 $45,580
2014 $1,949 $51,210 $9,150 $42,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 5760348

REcolorado®

APN: 2349-360-04-008