NOT LISTED FOR SALE

8885 Branch Place Colorado Springs, CO 80908

Estimated Value: $764,000 - $871,000

4 Beds
3 Baths
2,375 Sq Ft
$353/Sq Ft Est. Value

Last Sold November 18, 2020

Last sale price $600,000 $253 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,955/month

54 Days on Market

Highlights

  • Arena
  • 5 Acre Lot
  • Mountainous Lot
  • Ray E Kilmer Elementary School Rated A-
  • Deck
  • No HOA

About This Home

As of November 2020

Beautifully maintained, fully treed 5 acre horse property. The lot includes perimeter fencing and is cross fenced to include two pastures and additional backyard fencing. This property provides plenty of room to enjoy the outdoors, equipped with a 5,000 sq ft barn/stall/arena ready for horses. The large indoor arena is 60'*80' and is connected to a 3 stall barn. Inside the home contains great features such as new modern flooring and paint throughout the home. The kitchen comes complete with tile backsplash, breakfast bar, and walk out access to the spacious deck. The vaulted ceilings add height to the living and dining room. The wooden ceilings and beams add the perfect touch of rustic character. Stay cozy during the winter months with both a wood fireplace and a pellet stove. Enjoy outdoor views from the bay window in the master bedroom. With four beds, three baths and plenty of outdoor space this Black Forest home provides great opportunities to grow!

Last Agent to Sell the Property

Jason Daniels

Finch & Gable Real Estate Company License #40033830 Listed on: 08/24/2020

Last Buyer's Agent

PPAR Agent Non-REcolorado

NON MLS PARTICIPANT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,273

Year Built

  • Built in 1985

Lot Details

  • 5 Acre Lot
  • Mountainous Lot
  • Many Trees
  • Property is zoned RR-5

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Bay Window
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • 1 Bedroom in Basement

Schools

  • Ray E. Kilmer Elementary School
  • Lewis-Palmer Middle School
  • Lewis-Palmer High School

Utilities

  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • Heating System Uses Wood
  • Natural Gas Connected
  • Well
  • Septic Tank
  • Phone Available

Additional Features

  • Deck
  • Arena

Community Details

  • No Home Owners Association
  • Rampart View Subdivision

Listing and Financial Details

  • Exclusions: Owner's Personal Property
  • Property held in a trust
  • Assessor Parcel Number 51220-01-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,273

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: One
  • Year Built: 1985
  • Above Grade Finished Sq Ft: 1535
  • Exclusions: Owner's Personal Property
  • Living Area: 2375
  • Directions: On Hodgen Road head East to Winchester, Turn Left (North) go to Branch PL., Turn Left home is on the corner
  • SubdivisionName: Rampart View
  • Ownership: Corporation/Trust
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 1
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 2
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 1.00017
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Nook, Ceiling Fan(s)
  • Fireplace Features: Basement
  • Full Bathrooms: 1
  • Basement: Full
  • Basement: Yes
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 840
  • Main Level Bedrooms: 3
  • Window Features: Bay Window(s)

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame
  • Patio and Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available
  • Sewer: Septic Tank
  • Cooling: Other
  • Heating: Baseboard, Pellet Stove, Wood
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: Lewis-Palmer

Lot Info

  • Parcel Number: 51220-01-024
  • Lot Size Acres: 5
  • Building Area Total: 2375
  • Horse Amenities: Arena
  • Lot Features: Many Trees, Mountainous
  • Lot Size Sq Ft: 217800

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2273

MLS Schools

  • Elementary School: Ray E. Kilmer
  • High School: Lewis-Palmer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2020
Closed on
Nov 18, 2020
Sold by
Dominus Investments Inc
Bought by
Shashukov Maksud A
Seller's Agent
Jason Daniels
Finch & Gable Real Estate Company
Buyer's Agent
PPAR Agent Non-REcolorado
NON MLS PARTICIPANT
List Price
$599,900
Sold Price
$600,000
Premium/Discount to List
$100
0.02%
Total Days on Market
54
Current Estimated Value
$838,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,577
Avg. Annual Appreciation
7.65%
Original Mortgage
$479,000
Outstanding Balance
$432,036
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$406,541

Purchase Details

Closed on
Jul 26, 2019
Sold by
Bowen John
Bought by
Dominus Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 8, 2019
Sold by
Manduley And Associates Inc
Bought by
Bowen John

Purchase Details

Closed on
Dec 3, 2014
Sold by
Tappero Shirley L
Bought by
Manduley & Associates Inc

Purchase Details

Closed on
Jan 24, 1992
Bought by
Manduley & Associates Inc

Purchase Details

Closed on
Dec 27, 1985
Bought by
Manduley & Associates Inc
Source: Public Records

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Range of Values:

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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
Shashukov Maksud A $600,000 Land Title Guarantee Co
Dominus Investments Inc -- Capstone Title Services Llc
Bowen John -- Capstone Title Services Llc
Manduley & Associates Inc $405,000 Unified Title Company
Manduley & Associates Inc $158,500 --
Manduley & Associates Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shashukov Maksud A $479,000
Previous Owner Dominus Investments Inc $350,000
Previous Owner Manduley & Associates Inc $240,000
Previous Owner Tappero Shirley L $280,000
Previous Owner Tappero Shirley L $62,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2020 11/18/20 Sold $600,000 0.0% $253 / Sq Ft
10/17/2020 10/17/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $599,900 0.0% $253 / Sq Ft
09/29/2020 09/29/20 For Sale $599,900 0.0% $253 / Sq Ft
09/05/2020 09/05/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $599,900 -- $253 / 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 $2,961 $53,100 $21,070 $32,030
2023 $2,961 $53,100 $21,070 $32,030
2022 $2,334 $36,630 $15,710 $20,920
2021 $2,431 $37,670 $16,160 $21,510
2020 $2,285 $33,890 $13,490 $20,400
2019 $2,273 $33,890 $13,490 $20,400
2018 $2,144 $30,190 $11,380 $18,810
2017 $1,964 $30,190 $11,380 $18,810
2016 $1,955 $29,230 $11,230 $18,000
2015 $1,954 $29,230 $11,230 $18,000
2014 $1,510 $29,510 $10,680 $18,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 2303954

REcolorado®

APN: 51220-01-024