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Mineral 81154
53 Lower Terrace Dr
$265,000
● House - Off Market

53 Lower Terrace Dr

South Fork, CO 81154
bedrooms
1 Bed
bathrooms
1 Bath
square feet
894 Ft²
$263,516
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Step back in time to a little piece of paradise steps away from the Rio Grande River. With breathtaking views of the cliffs outside of Creede and wild animals strolling through the meadow that is your backyard, this house is nestled in one of the most coveted, private, and gated communities in all of Colorado. Lovingly maintained by the owners for the past 29 years, this one bedroom, one bathroom summer cabin has had many upgrades and additions. Local artisans have hand-crafted custom-made alder cabinets, aspen accents, vaulted ceilings with rough cedar, and the discovery of exposed logs in the bedroom show cozy mountain charm in each nook and cranny. From the custom kitchen granite table, to the addition of the 20X20 living room to showcase the meadow and mountain views, you will be in awe of every view from every room. Big picture windows, vaulted ceilings, a full size washer/dryer, and a small walk-in closet make the tiny cabin feel like you are 'living large'. Professionally landscaped by the current owners, there are mature aspen and spruce planted decades ago to provide privacy and shade.  Enjoy gardening in a raised bed with vegetables, or simply use the current watering system to keep the garden vibrant and lovely. There is room enough for 2 cars in the driveway, and ample storage for all your toys in the sheds. Big River Ranch is a small community with shared fishing access on the Rio Grande River. NO RENTALS ALLOWED and a private gated entry helps maintain a close knit community. It is currently NOT set up for winter use due to being on the shared well and septic and electric only heat. It's an easy 'show up and leave' kind of place where you don't have to worry about a thing while you're away! HOA dues cover water & sewer (May to October), trash service, and common area maintenance. You only pay separately for electricity and Wi-Fi. Wild turkeys, deer, fox, bear, and so much more also call this place home.
Unit Size
894 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$296
Property Type
House
Property Taxes
$34
HOA Dues
$48
Year Built
1938

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Last updated: 12 months ago (REcolorado MLS #7928755)

Price History

Date / Event Date Event Price
Aug 23, 2023 Sold
Sold
Aug 9, 2023 Listed by Mountain Dream Real Estate, LLC $265,000
Listed by Mountain Dream Real Estate, LLC
Step back in time to a little piece of paradise steps away from the Rio Grande River. With breathtaking views of the cliffs outside of Creede and wild animals strolling through the meadow that is your backyard, this house is nestled in one of the most coveted, private, and gated communities in all of Colorado. Lovingly maintained by the owners for the past 29 years, this one bedroom, one bathroom summer cabin has had many upgrades and additions. Local artisans have hand-crafted custom-made alder cabinets, aspen accents, vaulted ceilings with rough cedar, and the discovery of exposed logs in the bedroom show cozy mountain charm in each nook and cranny. From the custom kitchen granite table, to the addition of the 20X20 living room to showcase the meadow and mountain views, you will be in awe of every view from every room. Big picture windows, vaulted ceilings, a full size washer/dryer, and a small walk-in closet make the tiny cabin feel like you are ‘living large’. Professionally landscaped by the current owners, there are mature aspen and spruce planted decades ago to provide privacy and shade. Enjoy gardening in a raised bed with vegetables, or simply use the current watering system to keep the garden vibrant and lovely. There is room enough for 2 cars in the driveway, and ample storage for all your toys in the sheds. Big River Ranch is a small community with shared fishing access on the Rio Grande River. NO RENTALS ALLOWED and a private gated entry helps maintain a close knit community. It is currently NOT set up for winter use due to being on the shared well and septic and electric only heat. It’s an easy ‘show up and leave’ kind of place where you don’t have to worry about a thing while you’re away! HOA dues cover water & sewer (May to October), trash service, and common area maintenance. You only pay separately for electricity and Wi-Fi. Wild turkeys, deer, fox, bear, and so much more also call this place home.
Aug 15, 1994 Sold
Sold

Property Highlights


Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1972
  • Total Rooms: 2
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 26
  • Exterior Walls Type: 0
  • Interior Walls Type: 10
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 894
  • Gross Building Area: 1,154
  • Building Area: 894
  • Building Area Measurement: E

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 894
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BIG RIVER RANCH
  • Land Acres: 0000000460
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: LOT 8 BLOCK 1 BIG RIVER RANCH .28 AC COMMON AREA

Neighborhood

  • School District Name: Creede Consolidated School District 1
  • Census Tract: 973600

Geography

  • Account Number: R001770
  • Parcel: 484531201008
  • Block: 1
  • Lot: 8
  • Latitude: 37.7679
  • Longitude: -106.798

    Address

  • Full Address: 53 Lower Terrace Dr
  • Address - House Number: 53
  • Address - Street Name: Lower Terrace
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Creede
  • Zip Code: 81130

Valuation

    Tax

  • Total Area: 875
  • Tax Year: 2022
  • Tax Amount: $41,332
  • Tax Rate Code Area: 19D

    Appraisal Valuation

  • Standard Deviation: 0.1823
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 76
  • Final Value: 225,119
  • High Value: 266,174
  • Low Value: 184,064

    Market Valuation

  • Market Total Value: $85,904
  • Market Land Value: $32,292
  • Market Improvement Value: $53,612

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $5,970
  • Assessed Land Value: $2,244
  • Assessed Improvements Value: $3,726

    Sales

  • Current Sale Recording Date: Aug 15, 1994
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 15, 1994
  • Previous Sale Contract Date: Aug 15, 1994
  • Previous Sale Amount: $28,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Mineral


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Frequently Asked Questions

When was property at 53 Lower Terrace Drive built and last sold?
The property at 53 Lower Terrace Drive was built in 1938 and last sold on Jan 1, 1970 for $28,000.
How much is this home worth?
The estimated value of the home located at 53 Lower Terrace Drive is $0.
What are some comparable homes to 53 Lower Terrace Drive?
There are currently no comparable homes to 53 Lower Terrace Drive.