Score
0Woodland Park, CO
700 Markus Rd
550K
4 beds
2 baths
2,358 sqft
4 bd • 2 ba • 2,358 sf
This analysis was generated on 2/21/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
AI Property Analysis
0:000:00 / 0:00
List Price
$549,900
Price/Sq.Ft
$233
Year Built
1982
AI Property Analysis
A comprehensive evaluation of this property's features, market position, and investment potential.
The Good
• Breathtaking Views and Tranquil Setting: The property offers panoramic views of Pikes Peak and Ute Pass. The 2.07-acre lot provides a sense of privacy and seclusion while remaining close to town.
• Gardening and Homesteading Potential: The expansive attached solar room, barn, and detached garage with a greenhouse and upper level offer opportunities for gardening, small livestock, and storage. This is ideal for gardening enthusiasts or aspiring homesteaders.
• Unique Home Design: The earth-integrated design provides year-round comfort. The solarium bathes the living space in natural light and offers a versatile area for relaxation and entertaining.
• Proximity to Woodland Park: The property is located just 5 minutes from the center of Woodland Park, providing convenient access to local amenities, shopping, dining, and services.
• Price per Square Foot: At $233.21 per square foot, the property is competitively priced compared to the Woodland Park average of $250 - $350 per square foot for single-family homes.
The Bad
• High School Rating: Woodland Park High School has a rating of 4/10, which may be a concern for buyers with older children. This is below the Colorado average of 6.4/10.
• Reliance on Well and Cistern: The property's water supply depends on a well feeding into a cistern. This system may require more maintenance and monitoring compared to a municipal water supply. Well water quality should be tested regularly, and the cistern needs periodic cleaning.
• Baseboard Electric Heat: Baseboard electric heat can be less efficient and more costly than other heating systems, especially during cold winters. Consider the potential for high electricity bills during peak heating months. The wood-burning stove provides supplemental heat but requires manual operation and wood supply.
• Limited Job Market: The local job market is relatively small, primarily driven by tourism, small businesses, and government services. If you're planning to work remotely, ensure reliable internet access.
The Ugly
• Severe Fire Risk (7/10): The property's location in a wildfire-prone area poses a significant risk. This can lead to higher insurance premiums and the potential need for costly fire mitigation measures. The estimated insurance cost is $1979.64/year, and this is likely due to the fire risk.
• Potential Septic System Issues: With the home built in 1982, the septic system may be nearing the end of its lifespan. A thorough inspection is crucial to avoid potential costly repairs or replacement, which can range from $10,000 to $25,000.
• High Altitude: The high altitude (8,500 ft) can pose health challenges for some individuals. Spend some time in Woodland Park before committing to ensure you can acclimate.
Who is this property for?
These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.
Best For
• Gardening and Homesteading Enthusiasts: The property features an expansive solar room, barn, and greenhouse, ideal for cultivating plants and housing small livestock. The 2.07-acre lot offers ample space for gardening and outdoor activities.
• Buyers Seeking Panoramic Views and Privacy: The property provides unobstructed views of Pikes Peak and Ute Pass. The 2.07-acre lot size provides a sense of seclusion while remaining conveniently close to Woodland Park's center.
• Buyers Comfortable with Mountain Living: The property's unique design integrates with the earth, providing year-round comfort. The wood-burning stove complements the baseboard heating system.
• Buyers Seeking a Blend of Accessibility and Tranquility: Located just 5 minutes from the center of Woodland Park, the property offers a balance between accessibility to town amenities and a tranquil, remote-like setting.
Not For
• Buyers Seeking Minimalist Living: With 4 bedrooms, a solarium, a barn, a detached garage, a greenhouse, and an upper level that can be utilized for various purposes, the property may be too large for those seeking a minimalist lifestyle.
• Buyers Prioritizing Low Insurance Costs: The severe fire risk (7/10) may result in higher insurance premiums.
• Buyers Requiring City Amenities: While the property is located 5 minutes from the center of Woodland Park, it is approximately 30-45 minutes from Colorado Springs for broader services.
• Buyers Sensitive to Altitude: The high altitude (8,500 ft) may pose health challenges for some individuals.
Demographics
Area Median Income
$81,387
Property History
Price History
Ownership Timeline
$385,000Financed
Aug 3, 2018Darren J Hargrove, Shannon M HargroveKenneth W Prickett
Warranty Deed
Standard Sale (Purchase/Resales)
$309,700Financed
Apr 29, 2016Joseph E Mendygral, Felicia M MendygralDarren J Hargrove, Shannon M Hargrove
Warranty Deed
Standard Sale (Purchase/Resales)
$0Financed
Jun 10, 2010Leslie L Crowley, Estate Of David L BrunsJoseph E Mendygral, Felicia M Mendygral
Personal Representative Deed
Non-Arm's Length Transactions
Property Taxes
$1,589
2023 Tax Assessment
0.0%from previous year
Assessed Value$35,360
Tax Rate4.49%
Sunlight Analysis
Visualize how sunlight affects this property throughout the day and year.
Sunlight Analysis
Data provided by Shadowmap
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Schools
Nearby school quality by education level
Elementary
7.0/10
GoodMiddle
6.0/10
GoodHigh
4.0/10
AverageFinancials
Monthly Costs
Market Rent (4 bed)
Get a detailed estimate on Zillow$1,390
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Location & Comparables
Subject Property
Comparable Sales
Subject Property
Price
$549,900
Price/sqft
$233
Layout
4 bd•2 ba
Days on market
3 daysat time of analysis
Stats in the Area
Based on 4 comparable properties nearby
Average Price
$575,250
4.4%
Your price is 4.4% below average
Median Price
$609,000
9.7%
Based on 4 recent sales
Price per Sq.Ft
$254
8.2%
Your price is 8.2% below average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 221 Potlatch Trail, Woodland Park, CO 80863 | $609,000 | 2,520 | 4 | 3 | $2423.6% | 9/6/2024 |
| 221 Potlatch Trail, Woodland Park, CO 80863 | $609,000 | 2,520 | 4 | 3 | $2423.6% | 9/6/2024 |
| 134 Broken Wheel Road, Woodland Park, CO 80863 | $723,000 | 2,098 | 3 | 3 | $34547.8% | 9/19/2024 |
| 21 Valley Lane, Woodland Park, CO 80863 | $360,000 | 1,902 | 3 | 3 | $18918.8% | 9/6/2024 |
221 Potlatch Trail, Woodland Park, CO 80863
Price: $609,000
Sq.Ft: 2,520
Beds/Baths: 4/3
$/Sq.Ft:
$2423.6%
Sale Date: 9/6/2024
221 Potlatch Trail, Woodland Park, CO 80863
Price: $609,000
Sq.Ft: 2,520
Beds/Baths: 4/3
$/Sq.Ft:
$2423.6%
Sale Date: 9/6/2024
134 Broken Wheel Road, Woodland Park, CO 80863
Price: $723,000
Sq.Ft: 2,098
Beds/Baths: 3/3
$/Sq.Ft:
$34547.8%
Sale Date: 9/19/2024
21 Valley Lane, Woodland Park, CO 80863
Price: $360,000
Sq.Ft: 1,902
Beds/Baths: 3/3
$/Sq.Ft:
$18918.8%
Sale Date: 9/6/2024
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