$1,550,000
SOLD JUN 20, 2025

897 E Rim Rd Franktown, CO 80116

4 Beds
4 Baths
4,323 Sq Ft
35.07 Acres

Recently Sold

$359 Per Sq Ft

14% Below List Price

19 Days on Market

Highlights

  • Horses Allowed On Property
  • Primary Bedroom Suite
  • 35.07 Acre Lot
  • Home fronts a pond
  • Gated Community
  • Open Floorplan

About This Home

As of June 2025

If you value views of Pikes Peak and absolute natural beauty, this property is for you! Wanting to get out of the city to peace and quiet and room for projects? The soaring wall of windows as you enter perfectly frame Pikes Peak and Castlewood Canyon State Park. Exterior paint, roof, flooring, secondary baths are all new and remodelled. The location is a 10+ and we cannot create more of that!! Your backyard is Castlewood Canyon State Park and your own pond. The 20 home neighborhood is gated and entry road is paved. You are 15 minutes to Parker and Castle Rock shopping, 45 minutes to DIA. The moment you open the front door the views draw you into the great room with 20' ceilings. The kitchen and attached screened sun room could easily be remodeled and updated. Main floor has primary suite/bath, office, wet bar, dining, great room, kitchen, 3/4 bath and huge pantry closet. Upstairs is a loft with two extra large bedrooms and full bath. Full walk-out basement has a huge great room room, bedroom with a full bath. 3-car attached garage with auto openers. There is also a pond and dock year around to play in and attracts wildlife galore. Horse-friendly neighborhood so bring the critters. Water rights also convey. Private well is in the Upper Dawson aquifer so you have great water, and only pay to pump it. The 1000- gallon propane tank is owned and buried. Schedule showings through Broker Bay. Click on Supplements for more information about well, septic, property survey and water rights.

Last Agent to Sell the Property

Camille Courtney

Courtney Associates Brokerage Email: camille@camillecourtney.com,720-390-8434 License #100040486 Listed on: 05/23/2025

Last Buyer's Agent

Heather Schott

RE/MAX Professionals License #100055870

RE/MAX Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,108

Year Built

  • Built in 1998 | Remodeled

Lot Details

  • 35.07 Acre Lot
  • Home fronts a pond
  • Property fronts a private road
  • Open Space
  • Landscaped
  • Natural State Vegetation
  • Suitable For Grazing
  • Front and Back Yard Sprinklers
  • Meadow
  • Private Yard
  • Grass Covered Lot
  • Property is zoned A1

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Insulated Garage
  • Dry Walled Garage
  • Exterior Access Door
  • Circular Driveway
  • Gravel Driveway

Home Design

  • Frame Construction
  • Composition Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • High Ceiling
  • Double Pane Windows
  • Entrance Foyer
  • Great Room with Fireplace
  • Home Office
  • Loft
  • Bonus Room
  • Laundry in unit

Kitchen

  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Primary Bedroom Suite

Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • 1 Bedroom in Basement
  • Natural lighting in basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Outdoor Water Feature
  • Fire Pit
  • Rain Gutters
  • Front Porch

Schools

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

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • 110 Volts
  • Propane
  • Water Rights
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number R0393447

Community Details

Overview

  • Association fees include reserves, insurance, road maintenance, snow removal
  • East Rim Ranch Property Ownes Assoc. Association, Phone Number (303) 717-1492
  • East Rim Ranch Subdivision
  • Property is near a preserve or public land

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,108

Year Built

Built in 1998 | Remodeled

Lot Details

0

HOA Fees

$250 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Rustic
  • Structure Type: House
  • Levels: Two
  • Year Built: 1998
  • Above Grade Finished Sq Ft: 3274
  • Below Grade Sq Ft: 56
  • Exclusions: none.
  • Living Area: 4323
  • Pets Allowed: Cats OK, Dogs OK
  • Property Condition: Updated/Remodeled
  • Directions: GPS
  • SubdivisionName: East Rim Ranch
  • Co List Office Mls Id: RECM9103
  • Co List Office Phone: 303-660-5290
  • Ownership: Individual
  • Property Attached Yn: No
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 1
  • REC_ExpectedActiveDate: 2025-05-23
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 1
  • REC_UpperLevelBedrooms: 2
  • REC_WaterIncludedYN: 1
  • REC_WaterMineralRights: Water Rights
  • Ratio Close Price By Original Li: 0.86111
  • Attribution Contact: camille@camillecourtney.com,720-390-8434
  • Special Features: VirtualTour

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Range Hood, Refrigerator
  • Fireplaces: 1
  • Interior Amenities: Breakfast Bar, Entrance Foyer, Granite Counters, High Ceilings, Open Floorplan, Pantry, Primary Suite, Wet Bar
  • Flooring: Carpet, Tile
  • Fireplace Features: Great Room
  • Full Bathrooms: 2
  • Basement: Daylight, Exterior Entry, Finished, Interior Entry, Walk-Out Access
  • Basement: Yes
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1049
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Window Features: Double Pane Windows

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame, Stone, Stucco
  • Exterior Features: Fire Pit, Gas Valve, Private Yard, Rain Gutters, Water Feature
  • Patio and Porch Features: Deck, Front Porch, Patio
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Waterfront Features: Pond

Garage/Parking

  • Parking Features: Circular Driveway, Gravel, Dry Walled, Exterior Access Door, Finished Garage, Insulated Garage, Oversized
  • Attached Garage: Yes
  • Garage Spaces: 3
  • Total Parking Spaces: 3
  • REC_ParkingCount: 1

Utilities

  • Utilities: Electricity Connected, Propane
  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Electric: 110V
  • Laundry Features: In Unit
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Reserves, Insurance, Road Maintenance, Snow Removal
  • Association Name: East Rim Ranch Property Ownes assoc.
  • Association Fee Frequency: Monthly
  • Association Amenities: Gated
  • Association Fee: 250
  • Phone: 303-717-1492
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 3000.00
  • REC_AssociationFeeTotalAnnual: 3000.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: Sagewood

Lot Info

  • Horses: Yes
  • Parcel Number: R0393447
  • Lot Size Acres: 35.07
  • Building Area Total: 4379
  • Lot Features: Borders Public Land, Landscaped, Meadow, Open Space, Sprinklers In Front, Sprinklers In Rear, Suitable For Grazing
  • Lot Size Sq Ft: 1527649.2

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7108

MLS Schools

  • Elementary School: Franktown
  • High School: Ponderosa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2025
Closed on
Jun 20, 2025
Sold by
Stamey Justin Ray and Stamey Caitlin Ray
Bought by
Reed Paul K and Reed Kimberly M
Seller's Agent
Camille Courtney
Courtney Associates
Buyer's Agent
Heather Schott
RE/MAX Professionals
List Price
$1,800,000
Sold Price
$1,550,000
Premium/Discount to List
-$250,000
-13.89%
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.48%

Purchase Details

Listed on
Jun 24, 2022
Closed on
May 1, 2023
Sold by
Witter Joshua D
Bought by
Stamey Justin Ray and Stamey Caitlin Marie
Seller's Agent
Camille Courtney
Courtney Associates
Buyer's Agent
Camille Courtney
Courtney Associates
List Price
$1,725,000
Sold Price
$1,725,000
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.90%
Original Mortgage
$1,446,124
Interest Rate
3.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 1, 2016
Sold by
Richard L Packer Family Trust
Bought by
Mcdevitt Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 9, 2012
Sold by
Richard L Packer Family Trust
Bought by
Richard L Packer Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.11%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 17, 2006
Sold by
Packer Jane L and Packer Richard L
Bought by
Richard L Packer Family Trust

Purchase Details

Closed on
Aug 12, 1997
Sold by
Packer Jane L
Bought by
Packer Jane L and Packer Richard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.6%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 26, 1996
Sold by
Western Water Company Dba Wwtr Company
Bought by
Packer Jane L
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 Type Sale Price Title Company
Special Warranty Deed $1,550,000 Land Title Guarantee Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $1,725,000 None Listed On Document
Special Warranty Deed $1,000,000 None Available
Interfamily Deed Transfer -- First American
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Land Title
Warranty Deed -- --
Corporate Deed $167,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,446,124 Seller Take Back
Previous Owner $256,875 Unknown
Previous Owner $150,000 Construction
Previous Owner $850,000 Seller Take Back
Previous Owner $250,000 Credit Line Revolving
Previous Owner $142,857 Credit Line Revolving
Previous Owner $400,000 Credit Line Revolving
Previous Owner $359,650 Credit Line Revolving
Previous Owner $196,000 Unknown
Previous Owner $367,000 Credit Line Revolving
Previous Owner $250,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Previous Owner $11,000 Stand Alone Second
Previous Owner $200,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Sold $1,550,000 -8.8% $359 / Sq Ft
06/11/2025 06/11/25 Pending -- -- --
06/04/2025 06/04/25 Price Changed $1,700,000 -5.6% $393 / Sq Ft
05/23/2025 05/23/25 For Sale $1,800,000 +4.3% $416 / Sq Ft
06/17/2023 06/17/23 Sold $1,725,000 0.0% $399 / Sq Ft
05/04/2023 05/04/23 Sold $1,725,000 0.0% $399 / Sq Ft
10/26/2022 10/26/22 Rented $4,000 0.0% --
10/26/2022 10/26/22 Off Market $1,725,000 -- --
08/23/2022 08/23/22 For Rent $4,000 0.0% --
06/24/2022 06/24/22 For Sale $1,725,000 -- $399 / 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 $9,353 $112,210 $51,130 $61,080
2023 $9,457 $112,210 $51,130 $61,080
2022 $6,859 $81,920 $40,000 $41,920
2021 $7,108 $81,920 $40,000 $41,920
2020 $6,033 $71,150 $29,770 $41,380
2019 $6,062 $71,150 $29,770 $41,380
2018 $4,939 $56,950 $21,870 $35,080
2017 $4,598 $56,950 $21,870 $35,080
2016 $3,795 $54,050 $22,050 $32,000
2015 $3,882 $54,050 $22,050 $32,000
2014 $3,334 $44,950 $15,120 $29,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 6900166

REcolorado®

APN: 2507-230-00-015