NOT LISTED FOR SALE

8501 Colonial Dr Lone Tree, CO 80124

Estimated Value: $2,080,000 - $2,281,000

5 Beds
4.5 Baths
6,267 Sq Ft
$349/Sq Ft Est. Value

Last Sold November 19, 2024

Last sale price $2,275,000 $363 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $13,548/month

65 Days on Market

Highlights

  • On Golf Course
  • Home Theater
  • Open Floorplan
  • Eagle Ridge Elementary School Rated A-
  • Gated Community
  • Clubhouse

About This Home

As of November 2024

Nestled on the 11th hole in the private community of Heritage Estates, this completely remodeled 5-bedroom, 5-bathroom property offers luxury living at its finest. Upon entering the home, you are immediately greeted with gorgeous hardwood floors that span the entirety of the main level. The expansive living areas feature an open floor plan, large windows for that amazing Colorado sunshine, elegant finishes and modern touches. The gourmet kitchen showcases state-of-the-art appliances, custom cabinetry and a large center island that opens up to the main living space. The formal dining room is perfect for hosting dinner parties or holiday celebrations and connects directly to the butler's pantry/wine bar. The grand staircase takes you to the first 4 bedrooms of the home. The primary suite is a luxurious retreat with its own fireplace, a spa-like bathroom with a designer stand-alone soaker tub, full shower wet room with body jets and dual shower heads and a fully custom walk-in closet with an island for folding clothes. The second bedroom showcases a private en suite, and the remaining two bedrooms are joined by a fantastic adjoining bathroom. The walk-out basement offers even more space, perfect for entertaining or hosting long-term guests. Enjoy movie nights in the theater room, game nights in the family room, or step just outside the doors to practice your short game on the brand new private putting green. The custom kitchen and bar area ensure that you and your guests will have easy access to food and drinks without trips upstairs! The outdoor kitchen is an entertainer's dream with a built-in grill, refrigerator and plenty of space for seating, perfect for hosting gatherings. Situated on the Lone Tree Golf Course, this home provides ample space for both relaxation and entertainment within a secure, gated community. Don’t miss the opportunity to own this exquisite property!

Last Listed By

Theron Johnson

Thrive Real Estate Group Brokerage Email: theron@thrivedenver.com,720-706-2444 License #100088854 Listed on: 07/25/2024

Thrive Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,245

Year Built

  • Built in 1994 | Remodeled

Lot Details

  • 0.32 Acre Lot
  • On Golf Course

HOA Fees

  • $258 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Concrete Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Home Theater Equipment
  • Bar Fridge
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Smart Thermostat
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Quartz Countertops
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Jack-and-Jill Bathroom

Finished Basement

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

Eco-Friendly Details

  • Smoke Free Home

Outdoor Features

  • Deck
  • Outdoor Grill
  • Front Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Sellers' personal property, all staging items.
  • Assessor Parcel Number R0360461

Community Details

Overview

  • Association fees include reserves, ground maintenance, road maintenance
  • Keystone Property Mgmt Association, Phone Number (720) 617-3263
  • Heritage Estates Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Park

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,245

Year Built

Built in 1994 | Remodeled

Lot Details

0

HOA Fees

$258 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: Two
  • Year Built: 1994
  • Above Grade Finished Sq Ft: 4198
  • Exclusions: Sellers' personal property, all staging items.
  • Living Area: 6267
  • Property Condition: Updated/Remodeled
  • SubdivisionName: Heritage Estates
  • Co List Office Mls Id: RECTRG10
  • Co List Office Phone: 720-457-4400
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 1
  • REC_BelowGradeUnfinishedArea: 230.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 3
  • REC_UpperLevelBedrooms: 4
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.92857
  • Attribution Contact: theron@thrivedenver.com,720-706-2444
  • Special Features: VirtualTour

Interior Features

  • Appliances: Bar Fridge, Dishwasher, Disposal, Double Oven, Microwave, Range, Range Hood, Refrigerator, Wine Cooler
  • Fireplaces: 4
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Five Piece Bath, Jack & Jill Bathroom, Kitchen Island, Open Floorplan, Pantry, Quartz Counters, Smart Thermostat, Smoke Free, Utility Sink, Wet Bar
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: Basement, Family Room, Gas, Living Room, Primary Bedroom
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Finished, Full, Walk-Out Access
  • Basement: Yes
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 2069
  • Main Level Bathrooms: 1
  • Other Equipment: Home Theater

Exterior Features

  • Roof: Concrete
  • Construction Materials: Stucco
  • Exterior Features: Barbecue
  • Patio and Porch Features: Deck, Front Porch

Garage/Parking

  • Parking Features: Concrete
  • Attached Garage: Yes
  • Garage Spaces: 3
  • Total Parking Spaces: 3
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Access (Wired)
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Includes: Reserves, Maintenance Grounds, Road Maintenance
  • Association Name: Keystone Property Mgmt
  • Association Fee Frequency: Quarterly
  • Association Amenities: Clubhouse, Gated, Park, Pool, Tennis Court(s)
  • Association Fee: 775
  • Phone: 7206173263
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 3100.00
  • REC_AssociationFeeTotalAnnual: 3100.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: Cresthill

Lot Info

  • Parcel Number: R0360461
  • Lot Size Acres: 0.32
  • Building Area Total: 6497
  • Lot Features: On Golf Course
  • Lot Size Sq Ft: 13809
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 13245

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Nov 19, 2024
Sold by
Acme Homes Llc
Bought by
Marks Seth S and Marks Allison M
Seller's Agent
Theron Johnson
Thrive Real Estate Group
Buyer's Agent
Eva Stadelmaier
RE/MAX Professionals
List Price
$2,350,000
Sold Price
$2,275,000
Premium/Discount to List
-$75,000
-3.19%
Total Days on Market
65
Views
88
Current Estimated Value
$2,189,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$85,515
Avg. Annual Appreciation
-8.52%
Original Mortgage
$622,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 21, 2024
Closed on
May 14, 2024
Sold by
Dienstag Cynthia J
Bought by
Acme Homes Llc
Seller's Agent
Parker Loveless
Kentwood Real Estate DTC, LLC
Buyer's Agent
Theron Johnson
Thrive Real Estate Group
List Price
$1,699,000
Sold Price
$1,600,000
Premium/Discount to List
-$99,000
-5.83%
Views
90

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
96.77%
Original Mortgage
$1,100,000
Interest Rate
6.82%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 5, 2010
Sold by
Smith James P and Smith Lisa Lynn
Bought by
Mccauley John R and Mccauley Danielle B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 15, 2005
Sold by
Poole Don V
Bought by
Smith James P and Smith Lisa Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$749,000
Interest Rate
5.58%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 11, 2004
Sold by
Cappellucci Steven A and Cappellucci Kathy L
Bought by
Deutsche Bank National Trust Co

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
5.66%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 29, 2004
Sold by
Deutsche Bank National Trust Co
Bought by
Poole Don V

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
5.66%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 1, 2000
Sold by
Yvonne D Cobb Trustees The Cobb Family Trust
Bought by
Cappellucci Steven A and Cappellucci Kathy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
8.5%

Purchase Details

Closed on
Mar 10, 1998
Sold by
Cobb Yvonne D and Cobb Jerry L
Bought by
Cobb Jerry L and Cobb Yvonne D

Purchase Details

Closed on
Dec 11, 1996
Sold by
Heckendorf Francis A and Heckendorf Kirsten
Bought by
Cobb Yvonne D and Cobb Jerry L

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
5.87%

Purchase Details

Closed on
Jul 29, 1994
Sold by
Bainbridge Inc
Bought by
Heckendorf Francis A and Heckendorf Kirsten

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
5.87%

Purchase Details

Closed on
Jan 15, 1993
Sold by
Celebrity Dev Corp
Bought by
Bainbridge Inc

Range of Values:

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Average Value
Not Available
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
Marks Seth S $2,275,000 None Listed On Document
Marks Seth S $2,275,000 None Listed On Document
Acme Homes Llc $1,600,000 None Listed On Document
Mccauley John R $985,850 Land Title Guarantee Company
Smith James P $1,070,000 Land Title Guarantee Company
Deutsche Bank National Trust Co -- --
Poole Don V $725,000 Guardian Title
Cappellucci Steven A $845,000 --
Cobb Jerry L -- --
Cobb Yvonne D $600,000 --
Heckendorf Francis A $625,000 Land Title
Bainbridge Inc $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marks Seth S $500,000
Closed Marks Seth S $622,000
Previous Owner Acme Homes Llc $1,100,000
Previous Owner Mccauley John R $150,000
Previous Owner Mccauley John R $417,000
Previous Owner Smith James P $100,000
Previous Owner Smith James P $749,000
Previous Owner Poole Don $587,000
Previous Owner Poole Don $250,000
Previous Owner Poole Don V $580,000
Previous Owner Cappellucci Kathy L $160,484
Previous Owner Cappellucci Steven A $80,000
Previous Owner Cappellucci Steven A $760,500
Previous Owner Cappellucci Steven A $650,000
Previous Owner Cobb Yvonne D $50,000
Previous Owner Cobb Jerry L $459,000
Previous Owner Cobb Yvonne D $450,000
Previous Owner Heckendorf Francis A $415,000
Closed Cappellucci Steven A $100,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2024 11/19/24 Sold $2,275,000 -3.2% $363 / Sq Ft
09/26/2024 09/26/24 For Sale $2,350,000 +3.3% $375 / Sq Ft
09/26/2024 09/26/24 Off Market $2,275,000 -- --
09/05/2024 09/05/24 Price Changed $2,375,000 -1.0% $379 / Sq Ft
08/08/2024 08/08/24 Price Changed $2,400,000 -2.0% $383 / Sq Ft
07/25/2024 07/25/24 For Sale $2,450,000 +53.1% $391 / Sq Ft
05/14/2024 05/14/24 Sold $1,600,000 -3.0% $255 / Sq Ft
04/09/2024 04/09/24 Price Changed $1,650,000 -2.9% $263 / Sq Ft
03/21/2024 03/21/24 For Sale $1,699,000 +13.3% $271 / Sq Ft
04/28/2023 04/28/23 Sold $1,500,000 -14.3% $239 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $1,750,000 -- $279 / 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 $13,113 $143,690 $20,540 $123,150
2023 $13,245 $143,690 $20,540 $123,150
2022 $9,806 $104,140 $14,810 $89,330
2021 $10,141 $104,140 $14,810 $89,330
2020 $8,615 $93,360 $14,640 $78,720
2019 $8,643 $93,360 $14,640 $78,720
2018 $9,157 $101,840 $14,730 $87,110
2017 $9,291 $101,840 $14,730 $87,110
2016 $8,528 $95,000 $15,590 $79,410
2015 $8,716 $95,000 $15,590 $79,410
2014 $7,972 $81,470 $18,390 $63,080
Source: Public Records

Agents Affiliated with this Home

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Source: REcolorado®

MLS Number: 1611951

REcolorado®

APN: 2231-161-01-015