Seller's Agent in 2024
Jared Foster
Group Centerra
(970) 690-5707
133 Total Sales
Estimated Value: $363,000 - $391,000
1
Bed
1
Bath
816
Sq Ft
$467/Sq Ft
Est. Value
Highlights
- Horses Allowed On Property
- Panoramic View
- Wood Flooring
- Big Thompson Elementary School Rated A-
- Deck
- No HOA
About This Home
As of July 2024Escape to Storm Mountain and enjoy the breathtaking views from this one-of-a-kind cabin! Situated on 1.6 acres of pristine land, you can bask in the natural beauty that surrounds you. The outdoor kitchen and pool table allows for plenty of entertainment options when hosting family and friends. Enjoy a leisurely day outside under the beautiful pergolas and arbors -- perfect for grilling up a delicious meal or just taking in nature's beauty with a cup of coffee. Whether it's your vacation getaway or full-time residence, you can enjoy all the comforts this property has to offer while taking advantage of nearby climbing, hiking and reservoir access - truly a one-of-a kind opportunity.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,965
Year Built
- Built in 1994
Lot Details
- 1.62 Acre Lot
- Dirt Road
Property Views
- Panoramic
- Mountain
Home Design
- Wood Frame Construction
- Composition Roof
- Log Siding
Interior Spaces
- 816 Sq Ft Home
- 1-Story Property
- Free Standing Fireplace
- Window Treatments
- Wood Flooring
- Crawl Space
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Schools
- Big Thompson Elementary School
- Clark Middle School
- Thompson Valley High School
Utilities
- Heating System Uses Wood
- Propane
- Septic System
Additional Features
- Green Energy Fireplace or Wood Stove
- Deck
- Horses Allowed On Property
Community Details
- No Home Owners Association
- Cedar Springs Estates, 1St Filing Subdivision
Listing and Financial Details
- Assessor Parcel Number R0503398
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 10, 2024
Closed on
Jul 12, 2024
Sold by
Waller Michael A and Waller Kimberly A
Bought by
Morse Jacob M
Seller's Agent
Jared Foster
Group Centerra
Buyer's Agent
Mike Richardson
Richardson Team Realty
List Price
$415,000
Sold Price
$390,000
Premium/Discount to List
-$25,000
-6.02%
Total Days on Market
93
Views
70
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,231
Avg. Annual Appreciation
-3.08%
Original Mortgage
$100,000
Outstanding Balance
$99,419
Interest Rate
7.03%
Mortgage Type
FHA
Estimated Equity
$281,067
Purchase Details
Closed on
Aug 11, 2005
Sold by
Federal National Mortgage Association
Bought by
Waller Michael A and Waller Kimberly A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,905
Interest Rate
8.15%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 10, 2005
Sold by
Schmeltz Edna G
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Oct 27, 2000
Sold by
Dilka Karen K
Bought by
Riemersma Sara L D and Riemersma Todd
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
9.75%
Purchase Details
Closed on
May 30, 1997
Sold by
Gilbert Randy O
Bought by
Dilka Karen K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,130
Interest Rate
7.37%
Purchase Details
Closed on
May 1, 1994
Sold by
Parsons Elizabeth D
Bought by
Gilbert Randy O
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Morse Jacob M | $390,000 | None Listed On Document | |
| Waller Michael A | $119,900 | Security Title | |
| Federal National Mortgage Association | -- | -- | |
| Riemersma Sara L D | $125,000 | -- | |
| Dilka Karen K | $75,900 | -- | |
| Gilbert Randy O | $6,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Morse Jacob M | $100,000 | |
| Previous Owner | Waller Michael A | $126,170 | |
| Previous Owner | Waller Michael A | $113,905 | |
| Previous Owner | Riemersma Sara L D | $112,500 | |
| Previous Owner | Dilka Karen K | $37,650 | |
| Previous Owner | Dilka Karen K | $53,130 | |
| Closed | Dilka Karen K | $12,770 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2024 07/12/24 | Sold | $390,000 | -1.8% | $478 / Sq Ft |
| 05/17/2024 05/17/24 | Price Changed | $397,000 | -4.3% | $487 / Sq Ft |
| 04/10/2024 04/10/24 | For Sale | $415,000 | -- | $509 / Sq Ft |
Source: IRES MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $2,131 | $24,482 | $3,819 | $20,663 |
| 2024 | $2,131 | $24,482 | $3,819 | $20,663 |
| 2022 | $1,965 | $18,904 | $2,516 | $16,388 |
| 2021 | $2,014 | $19,448 | $2,588 | $16,860 |
| 2020 | $1,549 | $14,894 | $2,360 | $12,534 |
| 2019 | $1,529 | $14,894 | $2,360 | $12,534 |
| 2018 | $1,380 | $12,823 | $2,052 | $10,771 |
| 2017 | $1,234 | $12,823 | $2,052 | $10,771 |
| 2016 | $979 | $9,950 | $1,751 | $8,199 |
| 2015 | $970 | $9,950 | $1,750 | $8,200 |
| 2014 | $759 | $7,900 | $2,070 | $5,830 |
Source: Public Records
Agents Affiliated with this Home
-
Jared Foster
-
Mike Richardson
Buyer's Agent in 2024
Mike Richardson
Richardson Team Realty
(970) 215-2722
136 Total Sales
Map
Similar Homes in Drake, CO
Source: IRES MLS
MLS Number: 1006953
APN: 16262-06-003
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed by the MLS.
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