NOT LISTED FOR SALE

New Castle, CO 81647

Estimated Value: $907,000 - $2,233,581

3 Beds
2 Baths
1,582 Sq Ft
$993/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $1,725,000 $1,090 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $8,575/month

151 Days on Market

Highlights

  • Barn
  • 20 Acre Lot
  • No HOA
  • Horse Property
  • Lake, Pond or Stream
  • Agricultural

About This Home

As of December 2021

Situated on the banks of bucolic Main Elk Creek, this professional equine facility is equipped to board, train and grow a strong equestrian business. The property consists of a top of the line barn featuring a 205 x 96 indoor riding arena, 14 indoor stalls with turnouts, tack closets, wash bay, kitchen facilities, a bathroom with shower, managers office and more. Outside you will find a 210x130 pipe fenced arena, additional outdoor stalls, fenced paddocks and round pen. In addition the large hay barn features an oversized garage with heated workshop/man cave. Use the sweet ranch house as a temporary home while you build your dream home along the banks of Main Elk Creek. See the list of amenities and take a gander at this irreplaceable property located between Aspenand Vail. A legacy property in the heart of Colorado. and Vail. A legacy property in the heart of Colorado.

Last Agent to Sell the Property

Erin Bassett

Coldwell Banker Mason Morse-GWS Brokerage Phone: (970) 928-9000 License #FA40042409 Listed on: 10/07/2021

Coldwell Banker Mason Morse-GWS

Last Buyer's Agent

Erin Bassett

Coldwell Banker Mason Morse-GWS Brokerage Phone: (970) 928-9000 License #FA40042409 Listed on: 10/07/2021

Coldwell Banker Mason Morse-GWS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,823

Year Built

  • Built in 1993

Lot Details

  • 20 Acre Lot
  • Southern Exposure
  • Property is zoned AG

Parking

  • 2 Car Garage

Interior Spaces

  • 1,582 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Lake, Pond or Stream
  • Horse Property

Farming

  • Barn
  • Agricultural

Utilities

  • Water Rights
  • Well
  • Septic Tank
  • Septic System

Community Details

  • No Home Owners Association
  • Hud

Listing and Financial Details

  • HUD Owned
  • Assessor Parcel Number 212525200104

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,823

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Sub Type: Agricultural
  • Prop. Type: Residential
  • Lot Size Acres: 20.0
  • Subdivision Name: None
  • Directions: Main St New Castle to 7th St/ Midland bear left onto CR 245, property on left past Elk Creek Campground
  • Master Model: HUD
  • Year Built: 1993
  • Tax Parcel Letter: R013246
  • Attribution Contact: (970) 928-9000
  • Keywords Info:Pre-Fabricated Home: HUD
  • General Info:Zoning2: AG
  • General Info:Main Floor Master: Yes
  • Listing Info:REO: No
  • General Info:Levels: 1.0
  • Financing Info:Taxes2: 2823.08
  • Financing Info:Tax Year2: 2020
  • Sanitation:Septic: Yes
  • Water Rights:Yes3: Yes
  • Water:Well - Domestic: Yes
  • Extras:Barn or Corral: Yes
  • Water:Other4: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1582.0

Garage/Parking

  • Keywords Info:Garage: 2 Car

Utilities

  • Sewer: Septic Tank
  • Water Source: Other, Well

Association/Amenities

  • Listing Info:Member Association: Glenwood Association
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Horse Property: Yes
  • Location Amenities:Pond Stream Lake: Yes

Lot Info

  • Lot Size Sq Ft: 871200.0
  • Parcel #: 212525200104
  • Zoning: AG
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2823.08
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Dec 30, 2021
Sold by
4J Llc
Bought by
Tssq Llc
Seller's Agent
Erin Bassett
Coldwell Banker Mason Morse-GWS
Buyer's Agent
Erin Bassett
Coldwell Banker Mason Morse-GWS
List Price
$2,499,000
Sold Price
$1,725,000
Premium/Discount to List
-$774,000
-30.97%
Current Estimated Value
$1,570,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$154,709
Avg. Annual Appreciation
-2.33%

Purchase Details

Closed on
May 30, 2012
Sold by
Joel T Leonard Revocable Trust
Bought by
4J Llc

Purchase Details

Closed on
Sep 1, 2005
Sold by
Creekside Ranch Enterprises Llc
Bought by
Joel T Leonard Revocable Trust and The Joel T Leonard Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2000
Sold by
Stark Albert L
Bought by
Creekside Ranch Enterprises Llc

Purchase Details

Closed on
Nov 15, 1994

Purchase Details

Closed on
Apr 1, 1991
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tssq Llc $1,725,000 Land Title
4J Llc $1,000,000 None Available
Joel T Leonard Revocable Trust $875,000 Land Title
Creekside Ranch Enterprises Llc -- --
-- $408,800 --
-- $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Joel T Leonard Revocable Trust $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2021 12/30/21 Sold $1,725,000 -31.0% $1,090 / Sq Ft
11/26/2021 11/26/21 Pending -- -- --
06/27/2021 06/27/21 For Sale $2,499,000 -- $1,580 / Sq Ft
Source: Aspen Glenwood MLS

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 $4,163 $71,640 $4,660 $66,980
2023 $4,163 $69,290 $2,310 $66,980
2022 $3,000 $54,390 $4,690 $49,700
2021 $2,924 $46,940 $3,800 $43,140
2020 $2,578 $45,910 $3,860 $42,050
2019 $2,474 $45,910 $3,860 $42,050
2018 $2,477 $45,230 $5,310 $39,920
2017 $2,176 $45,230 $5,310 $39,920
2016 $1,795 $40,050 $4,390 $35,660
2015 $1,624 $40,050 $4,390 $35,660
2014 -- $39,830 $3,830 $36,000
Source: Public Records

Agents Affiliated with this Home

  • Erin Bassett

    Seller's Agent in 2021

    Erin Bassett

    Coldwell Banker Mason Morse-GWS

    (970) 309-3319

    77 Total Sales

    Erin Bassett
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Source: Aspen Glenwood MLS

MLS Number: 170759

Aspen Glenwood MLS

APN: R013246

Colorado Garfield County New Castle

81647

Not Listed for Sale

Detached

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