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Sold for $375,000
  • $375,000

    485 Grazing Bit Trl, Penrose, CO 81240

    2beds
    1,296sqft
    Single Family Residence
    Built in 1998
    40 Acres Lot
    $417,400 Zestimate®
    $289/sqft
    $2,040 Estimated rent

    Home value

    $417,400

    $384,000 - $451,000

    $2,040/mo

    Zestimate® history
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    $2,040/mo

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    $2,146/mo

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    $2,146/mo

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    What's special

    Tucked into the rolling foothills with dramatic mountain backdrops, this tranquil 40-acre property offers a peaceful mountain retreat with sweeping panoramic views. Relish in the expansive sights extending to the horizon from this private oasis, conveniently located near Penrose, Colorado Springs, Pueblo, and Canon City. The inviting two-bedroom, two-bathroom home is adorned with tasteful, modern finishes, large windows, and a deck facing south to bring the stunning landscape into your living space. Adventure awaits on your vast land, which backs onto 16,000 acres of Table Mountain State Trust Land and Beaver Creek State Wildlife Area—perfect for ATV enthusiasts or those seeking quiet communion with nature. The residence is updated with a contemporary kitchen featuring stylish cabinetry, countertops, and stainless steel appliances. The master suite is a spacious haven with a generous walk-in closet. Laminate flooring throughout the living areas and a cozy wood stove add to the home's charm. Embrace sustainability with a 9.6 kW solar system to keep energy costs low, a 1500-gallon cistern and private gated road for your security and solitude. Enjoy on-demand hot water, partial fencing around the home's perimeter, and uninterrupted views of the Sangre De Cristo range. Exterior updates include a new patio and front doors, an awning for the rear deck, and a security camera system, 2 chicken coops, the property is well-suited for animal lovers and those with a passion for the great

    Zillow last checked:

    Listing updated:

    Listed by:

    Scott S. Coddington,

    Pulse Real Estate Group Llc

    Bought with:

    Comps, Only

    Source: Royal Gorge AOR,MLS#: 69957MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Wood
    Cooling
    • None
    Features
    • Windows: Vinyl
    • Attic: None
    Interior area
    • Total structure area: 1,296
    • Total interior livable area: 1,296 sqft

    Property

    Parking
    • Parking features: None
    Lot
    • Size: 40 Acres
    • Topography: Rough Rolling,Level,Sloping,Wooded
    Details
    • Parcel number: 000099404104

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    Condition
    • Year built: 1998

    Utilities & green energy

    • Gas: Propane
    • Water: Cistern

    Community & neighborhood

    Location
    • Region: Penrose

    Other

    Other facts
    • Listing terms: Cash

    Price history

    DateEventPrice
    8/5/2024Sold$375,000-3.8%$289/sqft
    Source: Royal Gorge AOR #69957 Report a problem
    6/19/2024Pending sale$389,900$301/sqft
    Source: Royal Gorge AOR #69957 Report a problem
    6/19/2024Contingent$389,900$301/sqft
    Source: PAR #218956 Report a problem
    4/4/2024Listed for sale$389,900$301/sqft
    Source: elevateMLS #5131841 Report a problem
    3/1/2024Contingent$389,900$301/sqft
    Source: PAR #218956 Report a problem
    3/1/2024Pending sale$389,900$301/sqft
    Source: REcolorado as distributed by MLS GRID #3780176 Report a problem
    2/5/2024Listed for sale$389,900$301/sqft
    Source: elevateMLS #5131841 Report a problem
    1/4/2024Pending sale$389,900$301/sqft
    Source: REcolorado as distributed by MLS GRID #3780176 Report a problem
    1/4/2024Contingent$389,900$301/sqft
    Source: PAR #218956 Report a problem
    11/22/2023Price change$389,900-2.5%$301/sqft
    Source: elevateMLS #5131841 Report a problem
    11/16/2023Listed for sale$399,900+90.4%$309/sqft
    Source: elevateMLS #5131841 Report a problem
    6/26/2017Sold$210,000+61.5%$162/sqft
    Source: Public Record Report a problem
    4/29/2005Sold$130,000$100/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,154 +37.9%$18,974 +36%
    2023$837 -9.7%$13,949 -8.7%
    2022$927 -1.1%$15,283 -2.8%
    2021$937 +39.4%$15,723 +14.5%
    2020$672 +2.5%$13,728 +4%
    2019$655 +31.2%$13,197 +32.8%
    2018$499 $9,937
    2017$499 -8.1%$9,937 -9.3%
    2016$544 +1.3%$10,950
    2015$537 $10,950

    Find assessor info on the county website

    Neighborhood: 81240

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Penrose

    Source: Royal Gorge AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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