6 months on rocket

1559 Paddock St, Elizabeth, CO, 80107

$429,900

7.15 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #8206323
Lot Size7.15 Acres
StatusActive

About 1559 Paddock St

HUGE PRICE REDUCTION - Introducing a prime 7.15-acre property in Elbert County, perfect for building your dream home. Nestled in the desirable Southern Hills subdivision, this land offers a serene environment with excellent proximity to top-rated schools, including Running Creek Elementary, Elizabeth Middle, and Elizabeth High School. Zoned RA-1, the property provides flexibility for various residential and agricultural uses. Significant improvements since 2020 include a well house with a concrete foundation, extended wellhead, copper piping to three hydrants, and electrical wiring to one hydrant for potential greenhouse development. Additionally, a drain near the pump house directs water to the driveway. The fully fenced property features a well installed three years ago with a new pump, pipe, and wiring, delivering a minimum flow rate of 17 gallons per minute at a depth of 280 feet. The well is permitted for both domestic and livestock use, offering state-tested, high-quality hard water. Natural gas is available with a meter located at the back corner of the lot. Don’t miss this opportunity to own a slice of Colorado’s beautiful landscape, just a short drive from local amenities and the charm of Elizabeth’s town center.

Property Details

Property Features

Listing Office:

  • Office Name: Atlas Real Estate Group
  • Office Phone: (801) 450-2675
  • Listing Agent: Christopher Nehren

Exterior Features

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 7.15 Acres

Other

Directions Information:

  • Directions: Take exit 182 from I-25 and head east on CO-86 for about 15 miles. Turn left onto Legacy Ridge St, then turn right onto Paddock St; your destination, 1559 Paddock St, will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $429,900

Tax Information:

  • Annual Amount: $3,367
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Elizabeth, CO.

Med. Sold Price

$615.3K

Med. Price/SqFt

$281

Avg. Days On Market

53

# of Sold Homes

28

1559 Paddock St vs Elizabeth

184 DAYS ON ROCKET

+131 Days

$429,900

-$185.4K Less

KEY TAKEAWAY

This property is $185.4K less than the Median Sold Price in Elizabeth, CO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RECOLORADO
  • MLS Number: #8206323

Listing Office:

  • Office Name: Atlas Real Estate Group
  • Office Phone: (801) 450-2675
  • Listing Agent: Christopher Nehren

IDX Listings courtesy of REColorado as distributed by MLS GRID.

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IDX ©2024 METROLIST, INC., DBA RECOLORADO® - All Rights Reserved.

Presented by Rocket Homes Real Estate, LLC
Licensed in Colorado Brokerage License # EC. 100073419

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Rocket Homes Real Estate, LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

Equal Housing

© 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA

ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 12:12:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,367$42,050
2019$1,417$20,010
2018$1,418$17,500
2017$1,251$17,500

History based on county public records data.

Payment Calculator

$2,213

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,355

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-966791
6
/10
  • Running Creek elementary School

  • 900 South Elbert Street

  • 0.99 miles

  • Public District Grades KG-5

school-card-donut-966792
3
/10
  • Kiowa Elementary School

  • 525 Comanche St

  • 7.67 miles

  • Public District Grades PK-5

school-card-donut-966793
8
/10
  • Franktown Elementary School

  • 1384 North State Highway 83

  • 8.27 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,911. Most Elizabeth, CO residents have annual incomes between $35k-100k. Most families are married, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1559 Paddock St

What is the listing price of this property?

The listing price of 1559 Paddock St property is $429,900.

What type of property is this?

The property 1559 Paddock St is land located in Elizabeth, Colorado, 80107.

Is this property for sale now?

Active Listing: 1559 Paddock St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,367 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1559 Paddock St is 7.15 acres.
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Rocket HomesColoradoElbert CountyElizabeth801071559 Paddock St

This home is located at 1559 Paddock St in Elizabeth, CO and zip code 80107 in the Southern Hills neighborhood. This home sits on a 7.15 acre lot. It has been listed on Rocket Homes since June 20, 2024 and is currently priced at $429,900.

Over 3 listings were sold over their listed price in November 2024 in Elizabeth, CO. In the same period over 11 listings were sold below the listed price and 14 listings were sold for the listed price. Between October 2024 and November 2024, Elizabeth, CO real estate market has seen decrease in the number of listings by 1.1%. In November 2024, listings were on the market for 53 days. During the same period, the median list price in this real estate market was $615,300.

From Rocket Homes Real Estate and based on county public records data.

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