NOT LISTED FOR SALE

8588 Colonial Dr Lone Tree, CO 80124

Estimated Value: $2,054,000 - $2,313,188

6 Beds
5.5 Baths
6,563 Sq Ft
$340/Sq Ft Est. Value

Last Sold October 14, 2020

Last sale price $1,815,000 $277 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $13,747/month

319 Days on Market

Highlights

  • On Golf Course
  • Steam Room
  • Private Pool
  • Eagle Ridge Elementary School Rated A-
  • Tennis Courts
  • Primary Bedroom Suite

About This Home

As of October 2020

There is no interior lot like this one!! The VIEWS ARE AMAZING AND UNBELIEVABLE! Welcome to this designer home on the 17th tee box of the Lone Tree Golf Course. Gated community, directly across the street from the clubhouse, pool, and tennis courts. This home was fully remodeled, up to $700,000k in upgrades - plantation shutters, custom 4-inch walnut plank hardwood flooring and molding throughout. The special feature of this home is the two folding panel doors that open to the custom deck with wrought iron railing and beautiful brickwork with amazing golf course views year-round that are breathtaking! Main floor includes an enormous, stunning kitchen with Thermador appliances. The luxury rod-iron staircase leads to 5 bedrooms, including two master suites, 4 bathrooms, and laundry. Retreat to walk-out basement that offers theater room, wet bar, workout room, bedroom, 2nd laundry room, steam room/bathroom. Come see the heart and soul of this luxury living masterpiece today!

Last Listed By

Melissa Gallegos

HomeSmart Realty License #100035252 Listed on: 10/11/2019

HomeSmart Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,417

Year Built

  • Built in 1994 | Remodeled

Lot Details

  • 0.38 Acre Lot
  • On Golf Course
  • Open Space
  • North Facing Home
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Private Yard

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 4 Car Garage

Property Views

  • Golf Course
  • Mountain

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Concrete Roof

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Home Theater Equipment
  • Sound System
  • Wired For Data
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Dining Room with Fireplace
  • Steam Room
  • Wood Flooring
  • Fire and Smoke Detector
  • Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Cooktop with Range Hood
  • Warming Drawer
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 1 Bedroom in Basement

Outdoor Features

  • Private Pool
  • Tennis Courts
  • Deck
  • Exterior Lighting
  • Rain Gutters

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Garage doors are at least 85 inches wide
  • Smoke Free Home
  • Property is near public transit

Listing and Financial Details

  • Exclusions: Sellers personal property.
  • Assessor Parcel Number R0360464

Community Details

Overview

  • Association fees include trash
  • Heritage Estates Subdivision HOA, Phone Number (303) 369-1800
  • Heritage Estates Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,417

Year Built

Built in 1994 | Remodeled

Lot Details

0

HOA Fees

$225 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structure Type: House
  • Levels: Two
  • Year Built: 1994
  • Above Grade Finished Sq Ft: 4807
  • Exclusions: Sellers personal property.
  • Living Area: 6563
  • Pets Allowed: Yes
  • Property Condition: Updated/Remodeled
  • SubdivisionName: Heritage Estates
  • Ownership: Individual
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 1
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 4
  • REC_UpperLevelBedrooms: 5
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.84419
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven, Range Hood, Refrigerator, Trash Compactor, Warming Drawer, Washer, Washer/Dryer
  • Fireplaces: 1
  • Interior Amenities: Breakfast Nook, Eat-in Kitchen, Entrance Foyer, Five Piece Bath, Granite Counters, Heated Basement, Jack & Jill Bathroom, Kitchen Island, Primary Suite, Open Floorplan, Pantry, Smoke Free, Sound System, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Wired for Data
  • Flooring: Wood
  • Fireplace Features: Dining Room, Gas, Gas Log
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Finished, Full, Walk-Out Access
  • Basement: Yes
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1756
  • Main Level Bathrooms: 1
  • Other Equipment: Home Theater
  • Spa Features: Steam Room
  • Window Features: Double Pane Windows, Window Coverings

Exterior Features

  • Direction Faces: North
  • Roof: Concrete
  • Construction Materials: Brick, Frame
  • View: Golf Course, Mountain(s)
  • Exterior Features: Lighting, Private Yard, Rain Gutters, Tennis Court(s)
  • Patio and Porch Features: Deck
  • Pool Features: Private
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Concrete, Garage, Oversized Door
  • Attached Garage: No
  • Garage Spaces: 4
  • Total Parking Spaces: 4
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Electric: 220 Volts
  • Security: Security Entrance, Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Trash
  • Association Name: Heritage Estates Subdivision HOA
  • Association Fee Frequency: Quarterly
  • Association Amenities: Clubhouse, Gated, Golf Course, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 675
  • Phone: 303-369-1800
  • Association: Yes

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 2700.00
  • REC_AssociationFeeTotalAnnual: 2700.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: silvia@westwindmanagement.com

Schools

  • Middle Or Junior School: Cresthill

Lot Info

  • Parcel Number: R0360464
  • Lot Size Acres: 0.38
  • Building Area Total: 6563
  • Lot Features: Landscaped, Level, Near Public Transit, On Golf Course, Open Space, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 16335

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 9417

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2019
Closed on
Oct 14, 2020
Sold by
Gallegos Charles B and Gallegos Elizabeth B
Bought by
Jones David and Jones Tracy
Seller's Agent
Melissa Gallegos
HomeSmart Realty
Buyer's Agent
Claire Averill
Corcoran Perry & Co.
List Price
$1,250,000
Sold Price
$1,815,000
Premium/Discount to List
$565,000
45.2%
Total Days on Market
319
Current Estimated Value
$2,230,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415,047
Avg. Annual Appreciation
4.58%
Original Mortgage
$1,150,000
Outstanding Balance
$1,032,632
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,197,415

Purchase Details

Closed on
Mar 14, 2008
Sold by
Johnson Christine A and Johnson Eric K
Bought by
Gallegos Charles B and Gallegos Elizabeth B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$792,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2003
Sold by
Johnson Christine A
Bought by
Johnson Eric K and Johnson Christine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$473,000
Interest Rate
5.57%

Purchase Details

Closed on
May 11, 2002
Sold by
Johnson Eric K and Johnson Christine A
Bought by
Johnson Christine A

Purchase Details

Closed on
Apr 23, 2001
Sold by
Kearney Thomas J and Kearney Patricia D
Bought by
Johnson Eric K and Johnson Christine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
6.5%

Purchase Details

Closed on
Jun 11, 1999
Sold by
Kearney Thomas J
Bought by
Kearney Patricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 1998
Sold by
Kinsey John R and Paloma Joyce Allen Kinsey
Bought by
Kearney Thomas J and Kearney Patricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,500
Interest Rate
6.81%
Mortgage Type
Unknown

Purchase Details

Closed on
May 28, 1997
Sold by
Kinsey John R
Bought by
Kinsey John R and Paloma Joyce Allen Kinsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
8.17%

Purchase Details

Closed on
Sep 8, 1995
Sold by
Dahl Jon C and Dahl Janice M
Bought by
Dahl Jon C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,350
Interest Rate
6%

Purchase Details

Closed on
Sep 7, 1995
Sold by
Dahl Jon C and Dahl Janice M
Bought by
Dahl Jon C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,350
Interest Rate
6%

Purchase Details

Closed on
Feb 28, 1994
Sold by
Falcon Homes Inc
Bought by
Dahl Jon C and Dahl Janice M

Purchase Details

Closed on
Mar 8, 1993
Sold by
Celebrity Dev Corp
Bought by
Falcon Homes Inc

Range of Values:

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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
Jones David $1,815,000 Stewart Title
Gallegos Charles B $990,000 Land Title
Johnson Eric K -- --
Johnson Christine A -- --
Johnson Eric K $905,000 Land Title
Kearney Patricia D -- --
Kearney Thomas J $715,000 --
Kinsey John R -- North American Title
Kinsey John R $625,000 North American Title
Dahl Jon C -- --
Dahl Jon C -- North American Title
Dahl Jon C $490,463 --
Falcon Homes Inc $94,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones David $1,150,000
Previous Owner Gallegos Charles B $720,000
Previous Owner Gallegos Charles B $300,000
Previous Owner Gallegos Charles B $740,000
Previous Owner Gallegos Charles B $69,296
Previous Owner Gallegos Charles B $792,000
Previous Owner Johnson Eric K $473,000
Previous Owner Johnson Eric K $475,000
Previous Owner Johnson Eric K $475,000
Previous Owner Kearney Patricia D $100,000
Previous Owner Kearney Patricia D $40,000
Previous Owner Kearney Patricia D $656,000
Previous Owner Kearney Patricia D $71,500
Previous Owner Kearney Thomas J $572,000
Previous Owner Kinsey John R $100,000
Previous Owner Kinsey John R $468,000
Previous Owner Dahl Jon C $12,750
Previous Owner Dahl Jon C $61,400
Previous Owner Dahl Jon C $470,500
Previous Owner Dahl Jon C $471,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2020 10/14/20 Sold $1,815,000 -9.2% $277 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
05/06/2020 05/06/20 Price Changed $1,999,000 +59.9% $305 / Sq Ft
10/10/2019 10/10/19 For Sale $1,250,000 -- $190 / 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 $13,189 $144,500 $21,730 $122,770
2023 $13,321 $144,500 $21,730 $122,770
2022 $9,845 $108,260 $15,630 $92,630
2021 $10,236 $108,260 $15,630 $92,630
2020 $9,413 $102,010 $15,650 $86,360
2019 $9,444 $102,010 $15,650 $86,360
2018 $9,417 $108,790 $15,970 $92,820
2017 $9,568 $108,790 $15,970 $92,820
2016 $9,235 $102,880 $17,330 $85,550
2015 $9,439 $102,880 $17,330 $85,550
2014 $8,606 $87,950 $18,390 $69,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 3926479

REcolorado®

APN: 2231-161-03-014