NOT LISTED FOR SALE

9560 SE Cherry Creek Rd Franktown, CO 80116

Estimated Value: $563,333

40 Acres
$14,066 Price per Acre
1,744,578 Sq Ft Lot

Last Sold October 24, 2024

Last sale price $565,000

Current estimated payment $4,174/month

305 Days on Market

Highlights

  • Horses Allowed On Property
  • Pasture Views
  • Partially Fenced Property
  • 40.05 Acre Lot
  • No HOA
  • Level Lot

About This Lot

As of October 2024

Excellent opportunity to own 40 Acres in highly desirable Franktown, Colorado in Douglas County. Perfect land to build your multi generational family compound with up to 3 residential units per Douglas County. This property features incredible Front Range mountain views reaching from Pikes Peak to well north of Longs Peak! The property is 100% usable topography currently in grass hay and the parcel includes a brand new, fully installed unused septic system designed for a 5 bedroom home. There is also underground power brought to the best build site and as well as an additional power transformer box brought onto the parcel for a guest house. The seller will include blueprints for a 5 bedroom home if desired. As this site has no HOA or Covenants, there are vast opportunities to use this land above and beyond most other nearby parcels. All this opportunity and only 45 minutes to the Denver Tech Center or 40 minutes to Colorado Springs, all on paved roads. I have access to a bank land loan with a down payment as low as 15%! Please contact the listing agent for your private showing!

Last Listed By

Matt Prowant

Prowant and Company Brokerage Email: matt.prowant@gmail.com,303-810-2145 License #40007172 Listed on: 10/08/2023

Property Details

Property Type

  • Land

Lot Details

  • 40.05 Acre Lot
  • Lot Dimensions are 1122x1554
  • Partially Fenced Property
  • Level Lot
  • Grass Covered Lot
  • Property is zoned AG1

Property Views

  • Pasture
  • Mountain

Utilities

  • 220 Volts
  • Private Water Source
  • Septic Tank

Additional Features

  • Hay
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Rural Subdivision

Listing and Financial Details

  • Exclusions: Sellers personal items and vehicles. Conex Box is not available.
  • Assessor Parcel Number R0494829

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Current Use: Vacant
  • Exclusions: Sellers personal items and vehicles. Conex Box is not available.
  • Directions: From Franktown intersection South on Highway 83 13 miles, Turn left on Gillian Ave. 1 mile to SE Cherry Creek road. Turn Right. Property is immediately on the left.
  • SubdivisionName: Rural
  • Ownership: Individual
  • REC_RVSpaces: 0
  • REC_WaterIncludedYN: 0
  • Ratio Close Price By Original Li: 0.80714
  • Attribution Contact: matt.prowant@gmail.com,303-810-2145
  • Special Features: None

Exterior Features

  • View: Mountain(s), Plains
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: No
  • REC_ParkingCount: 0

Utilities

  • Utilities: Electricity Available
  • Sewer: Septic Tank
  • Water Source: Private
  • Electric: 220 Volts

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

Lot Info

  • Horses: Yes
  • Lot Size: 1122x1554
  • Parcel Number: R0494829
  • Lot Size Acres: 40.05
  • Fencing: Partial
  • Possible Use: Agricultural, Livestock, Residential, Vacant
  • Lot Features: Level
  • Lot Size Sq Ft: 1744578
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8880

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2023
Closed on
Oct 21, 2024
Sold by
Beasley Michael and Beasley Marjorie
Bought by
1031 Pros Titleholder 1264 Llc
Seller's Agent
Matt Prowant
Prowant and Company
Buyer's Agent
Lindsey Talafuse
LPT Realty
List Price
$700,000
Sold Price
$565,000
Premium/Discount to List
-$135,000
-19.29%
Total Days on Market
305
Views
87
Current Estimated Value
$563,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,667
Avg. Annual Appreciation
-0.59%

Purchase Details

Closed on
Jun 29, 2017
Sold by
Jordan Daniel C and Jordan Laura A
Bought by
Beasley Michael and Beasley Marjorie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.95%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 27, 2016
Sold by
Jordan Daniel C and Jordan Laura A
Bought by
Jordan Daniel C and Jordan Laura A

Range of Values:

Collateral Analytics

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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
1031 Pros Titleholder 1264 Llc $565,000 First American Title
1031 Pros Titleholder 1264 Llc $565,000 First American Title
Beasley Michael $239,900 Colorado Escrow & Title
Beasley Michael $239,900 --
Jordan Daniel C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beasley Michael $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2024 10/24/24 Sold $565,000 -5.0% --
07/25/2024 07/25/24 Price Changed $595,000 -7.0% --
02/23/2024 02/23/24 Price Changed $640,000 -8.6% --
10/09/2023 10/09/23 For Sale $700,000 -- --
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 $12,427 $144,190 $144,190 --
2023 $12,566 $144,190 $144,190 $0
2022 $8,880 $106,070 $106,070 $0
2021 $187 $106,070 $106,070 $0
2020 $266 $3,140 $3,140 $0
2019 $268 $3,140 $3,140 $0
2018 $221 $2,550 $2,550 $0
2017 $206 $2,550 $2,550 $0
Source: Public Records

Agents Affiliated with this Home

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Source: REcolorado®

MLS Number: 2518874

REcolorado®

APN: 2603-333-00-002