NOT LISTED FOR SALE

8576 Burning Tree Dr Franktown, CO 80116

Estimated Value: $1,341,000 - $1,448,000

4 Beds
3.5 Baths
4,154 Sq Ft
$334/Sq Ft Est. Value

Sale Details

Date Sold: January 8, 2025

Last sale price $1,300,000 $313 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,122 / mo

100 Days on Market

Highlights

  • Deck
  • Bonus Room
  • Home Office
  • Contemporary Architecture
  • Great Room
  • Covered Patio or Porch

About This Home

As of January 2025

Beautifully remodeled two-story custom estate nestled on 5 acres in the prestigious Burning Tree Ranch in Franktown Colorado. This stunning property features a 1,250 square foot barn. Located just south of Parker, close enough to the amenities of the city, but far enough away to enjoy peaceful country living. Multiple updates have been made throughout the house. Brand new Central air, and also a brand new roof.

Last Agent to Sell the Property

Nicholas Varra

HomeSmart Brokerage Phone: 303-888-6388 License #100069738 Listed on: 08/16/2024

HomeSmart

Last Buyer's Agent

Andrew Livingston

Freedom Realty Group LLC License #100081028

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,100

Year Built

  • Built in 1991 | Remodeled

Lot Details

  • 5 Acre Lot
  • Partially Fenced Property
  • Property is zoned RR

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Great Room
  • Family Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Utility Room

Bedrooms and Bathrooms

Basement

  • Walk-Out Basement
  • 1 Bedroom in Basement

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Community Details

  • Burning Tree HOA, Phone Number (801) 708-1749
  • Burning Tree Subdivision

Listing and Financial Details

  • Exclusions: Sellers personal property, washer and dryer
  • Assessor Parcel Number R0229833

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,100

Year Built

Built in 1991 | Remodeled

Lot Details

5 Acres

HOA Fees

$8 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Structure Type: House
  • Levels: Two
  • Year Built: 1991
  • Above Grade Finished Sq Ft: 2382
  • Exclusions: Sellers personal property, washer and dryer
  • Living Area: 4154
  • Property Condition: Updated/Remodeled
  • SubdivisionName: Burning Tree
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBedrooms: 1
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_ExpectedActiveDate: 2024-08-16
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 1
  • REC_UpperLevelBedrooms: 2
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.89655
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Walk-Out Access
  • Basement: Yes
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1772
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame, Stone, Wood Siding
  • Exterior Features: Balcony
  • Patio and Porch Features: Covered, Deck, Front Porch, Patio

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Total Parking Spaces: 3

Utilities

  • Utilities: Electricity Connected
  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air

Condo/Co-op/Association

  • Association Name: Burning Tree HOA
  • Association Fee Frequency: Annually
  • Association Fee: 100
  • Phone: 801-708-1749
  • 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

Schools

  • Middle Or Junior School: Sagewood

Lot Info

  • Parcel Number: R0229833
  • Lot Size Acres: 5
  • Fencing: Partial
  • Building Area Total: 4154
  • Lot Size Sq Ft: 217800
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6100

MLS Schools

  • Elementary School: Franktown
  • High School: Ponderosa

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2024
Closed on
Jan 8, 2025
Sold by
Varra Patricia R and Varra Darren S
Bought by
Seller's Agent
Nicholas Varra
HomeSmart
Buyer's Agent
Andrew Livingston
Freedom Realty Group LLC
List Price
$1,450,000
Sold Price
$1,300,000
Premium/Discount to List
-$150,000
-10.34%
Views
53
Current Estimated Value
$1,386,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,022
Avg. Annual Appreciation
3.98%
Original Mortgage
$1,040,000
Interest Rate
6.81%
Mortgage Type
VA

Purchase Details

Closed on
Aug 5, 2022
Sold by
Scott Compton
Bought by
Varra Patricia R and Varra Darren S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2018
Sold by
Compton Scott
Bought by
Compton Scott and Compton Alison

Purchase Details

Closed on
Mar 23, 2018
Sold by
Compton Scott and Compton Alison
Bought by
Compton Scott

Purchase Details

Closed on
May 4, 2017
Sold by
Equity Direct Llc
Bought by
Compton Scott and Compton Alison

Purchase Details

Closed on
Jan 18, 2017
Sold by
Gilbert Donald D
Bought by
Equity Direct Llc

Purchase Details

Closed on
Feb 10, 2011
Sold by
The Donald D Gilbert & Judy A Gilbert Tr
Bought by
Gilbert Donald D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
2.51%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Mar 1, 2001
Sold by
Gilbert Donald D and Gilbert Judy A
Bought by
The Donald D & Judy A Gilbert Trust

Purchase Details

Closed on
Jan 10, 2001
Sold by
The Donald D & Judy A Gilbert Trust
Bought by
Gilbert Donald D and Gilbert Judy A

Purchase Details

Closed on
Aug 5, 2000
Sold by
The Donald D & Judy A Gilbert Trust
Bought by
Gilbert Donald D and Gilbert Judy A

Purchase Details

Closed on
Jan 14, 2000
Sold by
Martin Robert P and Martin Bonita A
Bought by
The Donald D & Judy A Gilbert Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,924
Interest Rate
7.86%

Purchase Details

Closed on
Mar 22, 1990
Sold by
Beabout James C and Beabout Cheryl L
Bought by
Martin Robert P and Martin Bonita A

Purchase Details

Closed on
Jul 22, 1983
Sold by
Streelman Bryan P and Streelman Jane A
Bought by
Beabout James C and Beabout Cheryl L
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,300,000 Htc
Varra Patricia R $1,400,000 Homestead Land & Title
Compton Scott -- Land Title Guarantee Co
Compton Scott -- Land Title Guarantee Company
Compton Scott $168,009 None Available
Equity Direct Llc $2,000 None Available
Gilbert Donald D -- None Available
The Donald D & Judy A Gilbert Trust -- --
Gilbert Donald D -- --
Gilbert Donald D -- --
The Donald D & Judy A Gilbert Trust -- --
The Donald D & Judy A Gilbert Trust $435,000 North American Title Co
Martin Robert P $48,500 --
Beabout James C $51,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $800,000
Closed Jones Matthew $1,040,000
Previous Owner Varra Patricia R $278,800
Previous Owner Varra Patricia R $1,120,000
Previous Owner Gilbert Donald D $630,000
Previous Owner The Donald D & Judy A Gilbert Trust $434,924
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/08/2025 01/08/25 Sold $1,300,000 -1.9% $313 / Sq Ft
11/24/2024 11/24/24 Pending -- -- --
11/23/2024 11/23/24 Price Changed $1,325,000 -4.7% $319 / Sq Ft
10/16/2024 10/16/24 Price Changed $1,390,000 -4.1% $335 / Sq Ft
08/16/2024 08/16/24 For Sale $1,450,000 -- $349 / Sq Ft
Source: REcolorado®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,033 $95,020 $35,920 $59,100
2025 $6,033 $95,020 $35,920 $59,100
2024 $6,033 $73,680 $35,830 $37,850
2023 $6,100 $73,680 $35,830 $37,850
2022 $4,112 $49,120 $24,370 $24,750
2021 $4,262 $49,120 $24,370 $24,750
2020 $3,937 $46,430 $20,310 $26,120
2019 $3,956 $46,430 $20,310 $26,120
2018 $3,602 $41,530 $16,670 $24,860
2017 $2,772 $41,530 $16,670 $24,860
2016 $2,544 $38,840 $15,200 $23,640
2015 $1,301 $38,840 $15,200 $23,640
2014 $1,981 $29,920 $9,150 $20,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 5738669

REcolorado®

APN: 2349-360-04-005

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