NOT LISTED FOR SALE

848 Cottonwood Lake Dr Divide, CO 80814

Estimated Value: $492,143 - $576,000

3 Beds
2 Baths
1,587 Sq Ft
$334/Sq Ft Est. Value

Last Sold September 30, 2023

Last sale price $499,900 $315 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,975/month

16 Days on Market

Highlights

  • Car Lift
  • Open Floorplan
  • Clubhouse
  • Primary Bedroom Suite
  • Aspen Trees
  • Deck

About This Home

As of September 2023

Up at the top of the street, this immaculate and impeccably maintained home has unobstructed views of Pikes Peak and is within walking distance of the idyllic lakes in picturesque and highly desirable Highland Lakes. Along with the vaulted ceiling and skylights, abundant windows let in the gorgeous views and light for a feeling of space and cheer. One-level living in a convenient open floor plan; in addition to the 3 bedrooms and 2 full baths, there is plenty of storage and display space in extra closets, niches and shelving. The living room walks out to the 10' X 35' back deck, which faces Pikes Peak and has plenty of space for patio furniture and a BBQ grill and features a gate and a couple of steps down into the yard. The 480 sq ft oversized, detached garage is just a few steps away on a concrete sidewalk from the main entrance to the home and includes power, an additional walk-through door, an opener and work benches. With easy access on a level driveway from county-maintained roads, it's almost to the end of the cul-de-sac, so there will be very few vehicles passing by. Less than 4 miles from Pike National Forest with its myriad of recreational choices and just a short distance to world-class fishing, skiing, rafting, mountaineering, whatever Colorado fun you enjoy. Only a 15-minute drive to Woodland Park and all its amenities including the UC Health Hospital, and less than an hour to Colorado Springs. Nothing to do here but move in your belongings and start enjoying the mountain lifestyle and sharing it with your friends and family.

Last Agent to Sell the Property

Mike Slaback

Your Neighborhood Realty Inc License #40012563 Listed on: 08/17/2023

Last Buyer's Agent

Amy Hitch

HomeSmart License #40037668

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,012

Year Built

  • Built in 1995

Lot Details

  • 1.01 Acre Lot
  • Cul-De-Sac
  • West Facing Home
  • Planted Vegetation
  • Natural State Vegetation
  • Level Lot
  • Meadow
  • Aspen Trees
  • Pine Trees
  • Partially Wooded Lot
  • Many Trees
  • Grass Covered Lot

HOA Fees

  • $7 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Car Lift
  • Parking Storage or Cabinetry
  • Exterior Access Door
  • Gravel Driveway

Home Design

  • Mountain Contemporary Architecture
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Cedar

Interior Spaces

  • 1,587 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Free Standing Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Bay Window
  • Living Room with Fireplace
  • Dining Room
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Smoke Free Home

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Fire Pit

Schools

  • Summit Elementary School
  • Woodland Park Middle School
  • Woodland Park High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Private Water Source
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Seller's personal property.
  • Assessor Parcel Number R0017206

Community Details

Overview

  • Highland Lakes Poa, Phone Number (719) 581-9180
  • Highland Lakes Subdivision
  • Foothills

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,012

Year Built

Built in 1995

Lot Details

0

HOA Fees

$7 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mountain Contemporary
  • Structure Type: House
  • Levels: One
  • Year Built: 1995
  • Above Grade Finished Sq Ft: 1587
  • Exclusions: Seller's personal property.
  • Living Area: 1587
  • Directions: From the light at Hwy 24 and Hwy 67 in Divide, north on County Rd 5, left at the fork onto County Rd 51, left onto CR 512, left on Twin Lakes, left on Cottonwood Lake Dr to property on the right up at the top of the hill.
  • SubdivisionName: Highland Lakes
  • Ownership: Individual
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator
  • Fireplaces: 1
  • Interior Amenities: Ceiling Fan(s), Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, No Stairs, Open Floorplan, Pantry, Primary Suite, Smoke Free, Vaulted Ceiling(s)
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: Free Standing, Gas, Gas Log, Living Room
  • Full Bathrooms: 2
  • Basement: Crawl Space
  • Basement: No
  • Total Bedrooms: 3
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Window Features: Bay Window(s), Double Pane Windows, Skylight(s)

Exterior Features

  • Direction Faces: West
  • Roof: Composition
  • Construction Materials: Cedar, Frame, Wood Siding
  • Exterior Features: Fire Pit
  • Patio and Porch Features: Covered, Deck, Front Porch
  • Road Frontage Type: Public
  • Road Surface Type: Gravel

Garage/Parking

  • Parking Features: Concrete, Driveway-Gravel, Exterior Access Door, Lift, Storage
  • Attached Garage: No
  • Garage Spaces: 2
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Sewer: Septic Tank
  • Cooling: Other
  • Heating: Forced Air, Natural Gas
  • Water Source: Private
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Condo/Co-op/Association

  • Association Name: Highland Lakes POA
  • Association Fee Frequency: Annually
  • Association Amenities: Clubhouse, Park, Playground
  • Association Fee: 85
  • Phone: 719-581-9180
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 85.00
  • REC_AssociationFeeTotalAnnual: 85.00
  • REC_AssociationManagementType: Voluntary
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: hlpoa.net

Schools

  • Middle Or Junior School: Woodland Park

Lot Info

  • Horses: No
  • Parcel Number: R0017206
  • Lot Size Acres: 1.01
  • Fencing: None
  • Building Area Total: 1587
  • Lot Features: Cul-De-Sac, Foothills, Level, Many Trees, Meadow, Rolling Slope
  • Lot Size Sq Ft: 43995.6
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1012

MLS Schools

  • Elementary School: Summit
  • High School: Woodland Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2023
Closed on
Sep 29, 2023
Sold by
Schauer Living Trust
Bought by
Avenell Alan David and Avenell Michelle Lynn
Seller's Agent
Mike Slaback
Your Neighborhood Realty Inc
Buyer's Agent
Amy Hitch
HomeSmart
List Price
$525,000
Sold Price
$499,900
Premium/Discount to List
-$25,100
-4.78%
Views
34
Current Estimated Value
$530,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,386
Avg. Annual Appreciation
2.93%
Original Mortgage
$260,000
Outstanding Balance
$254,858
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$275,428

Purchase Details

Closed on
Dec 17, 2014
Sold by
Schauer Larry
Bought by
Schauer Living Trust

Purchase Details

Closed on
Jul 26, 2007
Sold by
Hud
Bought by
Schauer Larry

Purchase Details

Closed on
May 23, 2007
Sold by
Bailey Robert S and Watkins Sherie
Bought by
Hud

Purchase Details

Closed on
Sep 30, 2004
Sold by
Hagan Stephen J and Capri Norah E
Bought by
Bailey Robert S and Watkins Sherie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,053
Interest Rate
5.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 9, 2002
Sold by
Capri Norah E
Bought by
Hagan Stephen J and Capri Norah E

Purchase Details

Closed on
Oct 5, 2001
Sold by
Moscaluk Gary P and Moscaluk Deborah L
Bought by
Capri Norah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,650
Interest Rate
6.84%

Purchase Details

Closed on
Apr 29, 1998
Bought by
Schauer Living Trust

Purchase Details

Closed on
Jul 15, 1996
Bought by
Schauer Living Trust

Purchase Details

Closed on
May 5, 1994
Bought by
Schauer Living Trust
Source: Public Records

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
Avenell Alan David $499,900 None Listed On Document
Schauer Living Trust -- None Available
Schauer Larry -- None Available
Hud -- None Available
Bailey Robert S $192,900 --
Hagan Stephen J -- --
Capri Norah E $167,000 --
Schauer Living Trust $144,900 --
Schauer Living Trust -- --
Schauer Living Trust -- --
Schauer Living Trust $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avenell Alan David $260,000
Previous Owner Bailey Robert S $190,053
Previous Owner Capri Norah E $158,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2023 09/30/23 Sold $499,900 0.0% $315 / Sq Ft
09/03/2023 09/03/23 Pending -- -- --
08/21/2023 08/21/23 Price Changed $499,900 -4.8% $315 / Sq Ft
08/17/2023 08/17/23 For Sale $525,000 -- $331 / 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 $1,872 $27,530 $1,934 $25,596
2023 $1,872 $20,830 $1,460 $19,370
2022 $1,012 $16,150 $870 $15,280
2021 $1,033 $16,610 $890 $15,720
2020 $883 $14,390 $1,020 $13,370
2019 $868 $14,390 $0 $0
2018 $515 $8,170 $0 $0
2017 $971 $15,380 $0 $0
2016 $908 $14,370 $0 $0
2015 $1,003 $14,370 $0 $0
2014 $1,017 $14,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: REcolorado®

MLS Number: 4639704

REcolorado®

APN: R0017206