8503 Monarch Estates Dr Salida, CO 81201

Estimated Value: $703,381 - $730,000

11.85 Acres
$60,480 Price per Acre
516,186 Sq Ft Lot

Last Sold October 26, 2023

Current estimated payment $4,251/month

Highlights

  • 11.85 Acre Lot
  • Aspen Trees
  • Near a National Forest
  • Longfellow Elementary School Rated 9+
  • Mountain View
  • Meadow

About This Lot

Absolute paradise awaits you on this 11.85 acres, stunning views, towering Aspens, pines and Spruce trees! Lush, alpine setting. Building site is prepped and ready to go to the next step to build your dream home! Driveway, well and electric are in. Once you build, great opportunity to overlook and listen to the Southfork of the Arkansas River! The property has 810 feet of River frontage, and offers not only scenic beauty, but fishing too, Rainbow and Brown Trout!! The property is divided, the main use area is approx. 4-5 acres and has been groomed and prepared to live there year round! The forest is healthy and mature, the grass is thigh high, this year! The Owners have groomed this property for the utmost enjoyment; there is a mulched trail almost the entire length of the river front. There are benches along the way to sit and take in the serenity of the river and the peaceful forest setting. They have also constructed a foot bridge that is just beautiful and blends right in to the scenery. Views in every direction AND HUGE BONUS, Monarch Ski Resort is 15 minutes up the mountain for some of Colorado's best powder skiing and snowboarding! San Isabel National Forest is just steps away for more exploring and even hunting! 15 minutes east will take you back into Salida, where you will enjoy our quaint, western, mountain town! Lots of restaurants and fun awaits you there! The area offers incredible hiking, mountain biking, some of the best snowmobiling within 15-20 minutes. There is more outdoor recreation than you will ever want or need, being right in the middle of the Collegiate Peaks Mountain Range! If you're not quite ready to build, you can camp, you can also have a camp trailer for two weeks at a time. This place is truly a piece of heaven on earth!

Last Agent to Sell the Property

Carol Games

Western Mountain Real Estate Listed on: 08/12/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,719

Lot Details

  • 11.85 Acre Lot
  • Creek or Stream
  • Rural Setting
  • No Landscaping
  • Level Lot
  • Meadow
  • Aspen Trees
  • Mature Trees
  • Many Trees
  • Grass Covered Lot

HOA Fees

  • $30 Monthly HOA Fees

Property Views

  • Mountain
  • Rock

Utilities

  • 1 Water Well

Community Details

Overview

  • Near a National Forest

Recreation

  • Hiking Trails

Property Details

Property Type

Land

Est. Annual Taxes

$6,719

Lot Details

11.85 Acres

HOA Fees

$30 per month

Listing Details

  • FeaturesExtra: Existing Survey, HOA Required $, Protective Covenants, See Prop Desc Remarks
  • Prop. Type: Land
  • WellsNumberof: 1
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Landscaped: None
  • Lot Type: Borders Natl Forest, Level, Meadow, Mountain View, Rural, Stream/Creek, Trees/Woods, View of Rock Formations, See Prop Desc Remarks
  • Lot Location: Hiking Trail
  • Topography: Level, Meadow, Steep, See Prop Desc Remarks

Utilities

  • Hot Water: Well-Active

Condo/Co-op/Association

  • Association Fee: 355.00
  • Association Fee Frequency: Annual

Schools

  • School District: Salida R-32

Lot Info

  • Program Acres Total: 11.8500
  • Lot Size: 11.8500

Tax Info

  • Flip Tax Amount: 6719.00
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2023
Sold by
Hansen James W
Bought by
Ostlind James S and Ostlind Jennifer H
Current Estimated Value
$716,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Outstanding Balance
$136,930
Interest Rate
7.18%
Mortgage Type
Construction
Estimated Equity
$579,761
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Ostlind James S $675,000 None Listed On Document
Ostlind James S $675,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ostlind James S $506,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2023 10/26/23 Sold -- -- --
09/30/2023 09/30/23 Off Market $675,000 -- --
08/12/2023 08/12/23 For Sale $675,000 -- --
Source: Pikes Peak REALTOR® Services

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 $6,379 $70,440 $40,050 $30,390
2024 $6,379 $129,940 $129,940 --
2023 $6,203 $129,940 $129,940 $0
2022 $3,224 $62,350 $62,350 $0
2021 $3,145 $62,350 $62,350 $0
2020 $2,454 $46,400 $46,400 $0
2019 $2,458 $46,400 $46,400 $0
2018 $2,815 $53,800 $53,800 $0
2017 $2,748 $53,800 $53,800 $0
2016 $2,429 $46,660 $46,660 $0
2015 $2,048 $46,660 $46,660 $0
2014 $2,048 $35,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pikes Peak REALTOR® Services

MLS Number: 7447509

Pikes Peak REALTOR® Services

APN: R368531400090

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