NOT LISTED FOR SALE

8425 Colonial Dr Lone Tree, CO 80124

Estimated Value: $2,170,929 - $2,394,000

5 Beds
4.5 Baths
5,736 Sq Ft
$396/Sq Ft Est. Value

Last Sold May 16, 2024

Last sale price $2,498,000 $435 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $13,175/month

20 Days on Market

Highlights

  • On Golf Course
  • Primary Bedroom Suite
  • Open Floorplan
  • Eagle Ridge Elementary School Rated A-
  • 0.59 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of May 2024

Embrace the elegance and thoughtful design of this completely updated residence in the exclusive gated community of Heritage Estates, situated on over 1/2 an acre. Step inside to discover a main floor that celebrates open-concept living without sacrificing intimacy. The chef’s kitchen boasts state-of-the-art appliances, sleek cabinetry, a walk-in pantry, and an expansive island that seamlessly transitions to a cozy breakfast area. Adjacent to the kitchen is a gracious living room, anchored by a chic fireplace, offering plush comfort and sophistication, and oversized windows bringing the outdoors in. The expansive dining room is bathed in natural light, and leads to a custom cocktail room complete with a full bar. The oversized mudroom offers a dog wash, ample storage, and is conveniently located on the main floor just off the garage. Ascend to the second floor where the primary suite serves as a sanctuary, complete with a lavish 5-piece en-suite bath, private balcony, and custom walk-in closet. Three additional bedrooms promise rest and rejuvenation, one featuring an en-suite bath, while the other two share a convenient jack-and-jill bath. The lower level is an entertainer's paradise with a media/rec room that includes a wet bar, alongside a versatile studio room, additional bedroom, and a 3/4 bath, ensuring ample space for guests. Outdoor living is redefined with a large deck featuring an outdoor kitchen. The property's generous yard invites playful afternoons and peaceful evenings. Nestled on the 11th hold of the prestigious Lone Tree Golf Course, this Heritage Estates gem offers a three-car attached garage and is a stone's throw from a community pool and tennis courts. The prime location boasts proximity to Lone Tree's finest shops with convenient freeway and light rail access, ensuring that DTC, Sky Ridge Medical Center, downtown Denver, and DIA are just a short commute away.

Last Agent to Sell the Property

Nicole Scholle

LIV Sotheby's International Realty Brokerage Email: nicole@thebehrteam.com,720-326-2363 License #100068251 Listed on: 04/03/2024

LIV Sotheby's International Realty

Co-Listed By

Josh Behr

LIV Sotheby's International Realty Brokerage Email: nicole@thebehrteam.com,720-326-2363 License #100022951

Last Buyer's Agent

Kylie Russell

LIV Sotheby's International Realty License #40037823

LIV Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,506

Year Built

  • Built in 1991 | Remodeled

Lot Details

  • 0.59 Acre Lot
  • On Golf Course
  • Cul-De-Sac
  • South Facing Home
  • Property is Fully Fenced
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Private Yard

HOA Fees

  • $258 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Storage or Cabinetry
  • Lighted Parking
  • Dry Walled Garage
  • Epoxy
  • Circular Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Double Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • 1 Bedroom in Basement
  • Natural lighting in basement

Home Security

  • Smart Security System
  • Smart Thermostat
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Smoke Free Home

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Fire Pit
  • Exterior Lighting
  • Outdoor Gas Grill
  • Rain Gutters

Schools

  • Eagle Ridge Elementary School
  • Cresthill Middle School
  • Highlands Ranch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Association fees include ground maintenance, snow removal, trash
  • Keystone Pacific Management Association, Phone Number (949) 833-2600
  • Heritage Estates Subdivision

Listing and Financial Details

  • Exclusions: Seller's Personal Property.
  • Assessor Parcel Number R0329107

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,506

Year Built

Built in 1991 | Remodeled

Lot Details

0

HOA Fees

$258 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structure Type: House
  • Levels: Two
  • Year Built: 1991
  • Above Grade Finished Sq Ft: 4026
  • Exclusions: Seller's Personal Property.
  • Living Area: 5736
  • Property Condition: Updated/Remodeled
  • SubdivisionName: Heritage Estates
  • Co List Office Mls Id: RECLIV01
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • REC_BasementLevelBedrooms: 1
  • REC_BelowGradeUnfinishedArea: 367.00
  • REC_ExpectedActiveDate: 2024-04-03
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 3
  • REC_UpperLevelBedrooms: 4
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.93383
  • Special Features: VirtualTour

Interior Features

  • Appliances: Bar Fridge, Dishwasher, Disposal, Double Oven, Dryer, Gas Water Heater, Microwave, Oven, Range, Range Hood, Refrigerator, Washer, Wine Cooler
  • Fireplaces: 3
  • Interior Amenities: Breakfast Nook, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Five Piece Bath, Granite Counters, High Ceilings, Jack & Jill Bathroom, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Smart Thermostat, Smoke Free, Walk-In Closet(s), Wet Bar
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: Basement, Family Room, Gas, Gas Log, Primary Bedroom
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Common Walls: No Common Walls
  • Basement: Daylight, Exterior Entry, Finished, Interior Entry, Walk-Out Access
  • Basement: Yes
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1710
  • Main Level Bathrooms: 1

Exterior Features

  • Direction Faces: South
  • Foundation Details: Structural
  • Roof: Cement Shake, Other
  • Construction Materials: Brick, Wood Siding
  • Exterior Features: Balcony, Fire Pit, Gas Grill, Lighting, Private Yard, Rain Gutters
  • Patio and Porch Features: Covered, Deck, Front Porch, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Circular Driveway, Concrete, Dry Walled, Floor Coating, Lighted, Storage
  • Attached Garage: Yes
  • Garage Spaces: 3
  • Total Parking Spaces: 3

Utilities

  • Utilities: Cable Available, Electricity Available
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Laundry Features: In Unit
  • Security: Carbon Monoxide Detector(s), Smart Security System, Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Snow Removal, Trash
  • Association Name: Keystone Pacific Management
  • Association Fee Frequency: Quarterly
  • Association Fee: 775
  • Phone: 949-833-2600
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 3100.00
  • REC_AssociationFeeTotalAnnual: 3100.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_AssociationURL: https://www.kppm.com/

Schools

  • Middle Or Junior School: Cresthill

Lot Info

  • Parcel Number: R0329107
  • Lot Size Acres: 0.59
  • Fencing: Full
  • Building Area Total: 6103
  • Lot Features: Cul-De-Sac, Landscaped, Level, On Golf Course, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 25744
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 13506

MLS Schools

  • Elementary School: Eagle Ridge
  • High School: Highlands Ranch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
May 16, 2024
Sold by
Baker Cory J and Baker Erin Marie
Bought by
Musgrave Scott and Musgrave Stacie
Seller's Agent
Nicole Scholle
LIV Sotheby's International Realty
Buyer's Agent
Kylie Russell
LIV Sotheby's International Realty
List Price
$2,675,000
Sold Price
$2,498,000
Premium/Discount to List
-$177,000
-6.62%
Views
61
Current Estimated Value
$2,270,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$227,268
Avg. Annual Appreciation
-5.46%
Original Mortgage
$1,500,000
Outstanding Balance
$1,474,518
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$796,214

Purchase Details

Closed on
Apr 29, 2022
Sold by
Larimer Vance R and Larimer Meredith T
Bought by
Baker Cory J and Baker Erin Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2015
Sold by
Adams Karen
Bought by
Larimer Vance R and Larimer Meredith T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$794,500
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2014
Sold by
Adams Matthew and Adams Karen
Bought by
Adams Karen

Purchase Details

Closed on
May 9, 2008
Sold by
Deutsche Bank Trust Co Americas
Bought by
Adams Matthew and Adams Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 1, 2008
Sold by
Kopriva Joseph and Kopriva Michelle
Bought by
Deutsche Bank Trust Co Americas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 1, 2007
Sold by
Cohen Laurence B
Bought by
Kopriva Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,200
Interest Rate
7.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 1998
Sold by
Spizale Felix C and Spizale Patricia I
Bought by
Cohen Laurence B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
8.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 18, 1991
Sold by
Celebrity Builders
Bought by
Spizale Felix C and Spizale Patricia I

Purchase Details

Closed on
Dec 29, 1989
Sold by
Leslea Colorado Partnership
Bought by
Celebrity Development Corp

Purchase Details

Closed on
Jul 30, 1989
Sold by
Leslea Corp
Bought by
Leslea Colo Partnership

Purchase Details

Closed on
Jul 17, 1989
Sold by
Lone Tree Joint Venture
Bought by
Leslea Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Musgrave Scott $2,498,000 Land Title
Baker Cory J $2,600,000 None Listed On Document
Larimer Vance R $1,135,000 Land Title Guarantee
Adams Karen -- Land Title Guarantee Company
Adams Matthew $850,000 Guardian Title Agency
Deutsche Bank Trust Co Americas -- None Available
Kopriva Joseph $956,500 Land Title
Cohen Laurence B $560,000 --
Spizale Felix C $452,900 --
Celebrity Development Corp $3,415,000 --
Leslea Colo Partnership -- --
Leslea Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Musgrave Scott $1,500,000
Previous Owner Baker Cory J $2,000,000
Previous Owner Larimer Vance R $794,500
Previous Owner Adams Matthew $680,000
Previous Owner Kopriva Joseph $765,200
Previous Owner Cohen Laurence B $448,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2024 05/16/24 Sold $2,498,000 0.0% $435 / Sq Ft
04/15/2024 04/15/24 Price Changed $2,498,000 -6.6% $435 / Sq Ft
04/03/2024 04/03/24 For Sale $2,675,000 -- $466 / Sq Ft
Source: REcolorado®

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 $13,371 $129,360 $24,080 $105,280
2024 $13,371 $146,450 $25,330 $121,120
2023 $13,506 $146,450 $25,330 $121,120
2022 $9,788 $107,640 $18,070 $89,570
2021 $10,506 $107,640 $18,070 $89,570
2020 $9,716 $101,290 $18,740 $82,550
2019 $9,663 $101,290 $18,740 $82,550
2018 $9,468 $105,430 $19,880 $85,550
2017 $9,272 $105,430 $19,880 $85,550
2016 $9,055 $100,880 $23,040 $77,840
2015 $9,256 $100,880 $23,040 $77,840
2014 -- $82,560 $18,390 $64,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 5939408

REcolorado®

APN: 2231-161-01-007