As a dedicated real estate agent with eXp Realty, I bring passion, expertise, and a deep connection to the Woodland Park community, where I’ve lived since 1989.
719-331-5237 shelleyfish11@yahoo.com 1191 Ptarmigan Drive, Woodland Park, CO, 80863
Wit alway brin
h 17 years of experi s been committed g that same dedica clients across Par
With 17 years of experience in education, I’ve always been committed to helping others—now, I bring that same dedication to my real estate clients across Teller, Park, and El Paso counties.
For the past two years, I’ve provided personalized, high-level service to buyers and sellers, ensuring they achieve their real estate goals. Whether you’re searching for your dream home or looking to get top dollar when selling, I am here to guide you every step of the way.
For the past two ye high-leve sellers, they a Whether se home or to get t am here to you e
My enthusiastic and client-focused approach extends beyond closing—I strive to be a trusted resource for all your real estate needs, now and in the future.
My enthusiastic and cli extends beyond closing resource for all your real fu
Property Details
Maps
Local Schools
Community Utilities & Resources
Title & Escrow
The information contained is provided by WFG’s Customer Service Department to our customers, and while deemed reliable, is not guaranteed.
PROPERTY DETAILS
1311MASTERSDRWOODLANDPARKCO80863
6229.114040040
TELLERCOUNTYCO
OwnerInformation
Owner Name: ELLERTHOMASJ/ELLERANNEL
Vesting: JOINTTENANT
Mail Address: 1311MASTERSDRWOODLANDPARKCO80863
Owner Status: OwnerOccupied
LocationInformation
Legal Desc: L4FAIRWAYPINES#1
County: TELLER
Census/Block: 010103/1009
Tsp-Rng-Sec: T12S-R69W-S11
Lot / Block: Lot:4Block:
Housing Tract: FAIRWAYPINES#1(11/95)
LastMarketSale
Date: 2005-08-10/2005-08-04
Sale Price: 567530
Document #: 583690
Doc Type: WARRANTYDEED
$ Sqft: $169.31
PriorSaleInformation
Alt Parcel # 6229.114040040
School District: WOODLANDPARKRE-2
Municipality:
Parcel #: 6229.114040040
Lender: WASHINGTONMUTUALFSB
Loan: 453931
Document #: 583691
Loan Type: CONVENTIONAL
Loan Term:
Date: / Lender:
Price:Loan:
Document #:Document #:
Doc Type:Loan Type:
1311MASTERSDRWOODLANDPARKCO80863
6229.114040040
TELLERCOUNTYCO
PropertyCharacteristics
Gross Area: Garage Area:Interior Wall
Living
Bedrooms:
Fireplace:
PropertyInformation
MAPS
ASSESSOR MAP
This map/plat is being furnished as an aid in locating described land in relation to adjoining streets, natural boundaries and other land, and is not a survey of the land depicted. Except to the extent a policy of title insurance is expressly modi ed by endorsement, if any, the company does not insure dimensions, distances, location of easements, acreage or other matters shown thereon.
STREET MAP
This map/plat is being furnished as an aid in locating described land in relation to adjoining streets, natural boundaries and other land, and is not a survey of the land depicted. Except to the extent a policy of title insurance is expressly modi ed by endorsement, if any, the company does not insure dimensions, distances, location of easements, acreage or other matters shown thereon.
AERIAL MAP
This map/plat is being furnished as an aid in locating described land in relation to adjoining streets, natural boundaries and other land, and is not a survey of the land depicted. Except to the extent a policy of title insurance is expressly modi ed by endorsement, if any, the company does not insure dimensions, distances, location of easements, acreage or other matters shown thereon.
CITY BOUNDARY MAP
This map/plat is being furnished as an aid in locating described land in relation to adjoining streets, natural boundaries and other land, and is not a survey of the land depicted. Except to the extent a policy of title insurance is expressly modi ed by endorsement, if any, the company does not insure dimensions, distances, location of easements, acreage or other matters shown thereon.
SCHOOLS
1311MASTERSDRWOODLANDPARKCO80863
6229.114040040
TELLERCOUNTYCO
WoodlandParkSchoolDistrictNo.Re-2
ElementarySchools
ColumbineElementarySchool719-686-2300
175KelleysRoadWOODLANDPARKCO80863
Area Desc:
Grades: PKto05 Distance: 1.12 Miles
Charter School: N
Magnet School: N
Title One: NO
GatewayElementarySchool719-686-2051
100PantherWayWOODLANDPARKCO80863
Area Desc:
Grades: PKto05 Distance: 2.04 Miles
Charter School: N
MiddleSchools
Magnet School: N
Title One: AEP
WoodlandParkMiddleSchool719-686-2200
600EKelleysRoadWOODLANDPARKCO80863
Area Desc:
Grades: 06to08 Distance: 1.38 Miles
Charter School: N Magnet School: N
Title One: NO
WoodlandUpperElementarySchool918-738-4286
100North6thStreetFairfaxOK74637
Area Desc:
Grades: 06to08 Distance: 495.39 Miles
Charter School: N Magnet School: U
HighSchools
Title One: SWP
WoodlandParkHighSchool719-686-2067
151PantherWayWOODLANDPARKCO80863
Area Desc:
Grades: 09to12 Distance: 2.07 Miles
Charter School: N
Magnet School: N
Title One: NO
WoodlandHs918-642-3295
100North6thStreetFairfaxOK74637
Area Desc:
Grades: 09to12 Distance: 495.39 Miles
Charter School: N
Magnet School: U Title One: SWP Your assigned school should be the first school in each category, but it is recommended you check with the district or school. The above is believed to be accurate, but is not guaranteed.
What strategies have been put in place to address root causes? Improve achievement and growth of students in disaggregated populations. Focus on schoolwide performance on
What strategies have been put in place to address root causes?
Curriculum alignment to the PSAT/SAT benchmarks. Academic growth in students qualified for Free/Reduced lunch.
Functioning
2023-24
Skill Development Curriculum alignment and Proficiency Scales aligned to Standards Curricular Alignment
Achievement in EBRW as evidenced by the SAT Suite of Standardized Exams List continues. Click below to view more.
of Standardized Exams
COMMUNITY
CITY OF WOODLAND PARK
8,077
POPULATION
2024 Estimate
$88,514
MEDIAN INCOME
2024 Estimate
50.6
MEDIAN AGE
2024 Estimate
Woodland Park, Colorado, was originally established in the late 1800s as a resort destination, attracting visitors with its stunning views of Pikes Peak and the surrounding natural beauty. Initially known as "Hodge's Park," it was a popular spot for people seeking fresh mountain air and respite from the heat of lower elevations. In 1889, the town was o cially incorporated, and it quickly became a hub for tourism and summer retreats.
SCHOOL DISTRICTS
Woodland Park SD RE-2
HOUSING
2024 Estimate
77.12% of homes owner occupied
22.88% of homes rented
POPULATION DENSITY
2024 Estimate
1,220.27 inhabitants per sq. mile
3,405 housing units at an average density of 514.46 per sq. mile
AGE DEMOGRAPHIC
2024 Estimate
16.24% under age 18
7.76% between ages 18 to 24
19.25% between ages 25 to 44
30.02% between ages 45 to 64
CITY QUICK FACTS
Home of the Woodland Park Dinosaur.
6.61 square miles
8,465 feet elevation
Highest Average Temperature 81º Lowest Average Temperature 13º
Over the years, Woodland Park grew from a small resort community into a thriving town. With its picturesque setting and proximity to Colorado Springs, Woodland Park gradually evolved into a residential community while still retaining its charm as a gateway to the outdoors. Today, the town is known for its scenic beauty, outdoor recreational opportunities, and its role as a popular base for those exploring Pikes Peak and the surrounding areas.
TELLER COUNTY BASE MAP
1311MASTERSDRWOODLANDPARKCO80863
6229.114040040
Cooper, Gregory S DVM - Compa312 W Midland Ave719-687-60001.71
Conrad, Kevin P DVM - Woodlan550 Chester Ave719-687-10602.13
Volz, David DVM - Animal Clin801 E Us-24719-687-94062.43
Roasa, Lance DVM - Animal Med15226 W Us Highway 24719-687-92013.62
Lemons, Shannon DVM - Teller-1084 Cedar Mountain Rd719-687-22016.59
1311MASTERSDRWOODLANDPARKCO80863
6229.114040040
OfficesandClinicsofDentists
Family Dentistry207 N West St719-687-62251.61 Mi Robert C Elliott750 E Us Highway 24 #100719-686-18002.40
OfficesandClinicsofMedicalDoctors
Cooper Gregory S DVM312 Midland Ave719-687-60001.72
Amy Shandy- Speech-Language P111 N Center St719-597-08221.72
Hofmeister Connie Msw LCSW320 Burdette St719-687-69271.75 Mi Woodland Veterinary Clinic550 Chester Ave719-687-10602.14 Mi Lowe Robert F Veterinarian801 E Us-24719-687-94062.43 Mi
Life Chiropractic And808 W Browning Ave719-687-76001.73
City Market Pharmacy777 Gold Hill Pl S719-687-60071.80
Dorsey Dental Care, Inc.491 Forest Edge Road719-687-63661.88 Mi County Of Teller School Distr211 South Baldwin Street719-686-20182.02 Mi
Church Of Jesus Christ Of Lds758 Apache Trl719-687-06880.53
Rocky Mountain Christian CtrPO Box 237N/A5.87 Mi Little Chapel Of Hills69 County Road 5719-686-12346.85
UTILITIES & RESOURCES
TELLER COUNTY UTILITIES
Emergency/Police/Medical/Fire 911
Poison Control (800) 222-1222 www.aapcc.org
United States Postal Service (800) 275-8777 www.usps.com
X nity (800) 266-2278 www.x nity.com
Dish Network (800) 318-0572 www.dish.com
DIRECT TV (800) 531-5000 www.directtv.com
Century Link (866) 963-6665 www.centurylink.com/internet
Pikes Peak Courier www.thepikespeakcourier.com
Colorado Springs Gazette www.gazette.com
The Cripple Creek News www.thecreeknews.com
Teller County Transportation (TCT) (719) 687-5311 www.tellertransit.org
Xcel Energy (800) 895-4999 co.my.xcelenergy.com
Black Hills Energy 1-888-890-5554 Www.blackhillsenergy.com
Woodmoor Water District (719) 488-2525 www.woodmoorwater.com
Woodland Park SD RE-2 https://www.wpsdk12.org/ (719) 686-2000
CHANGE OF ADDRESS
USPS
Below is the website if you would like to change your address online or you can visit your local post o ce, they will provide you with the change of address packet.
https://moversguide.usps.com
Bene ts you will receive when you change your address online are:
Exclusive mover savings coupons
Safe and secure with identity veri cation by a simple $1.00 charge to your credit or debt card
Email con rmation at the end of registration of your change of address
* Must have valid email address and credit card to register online.
Colorado Department of Transportation
Below is the website if you would like to change your address online or have any questions.
Region 2 Headquarters Southeast /Central Colorado 5615 Wills Blvd., Pueblo, CO 81008 (719) 562-5568
www.codot.gov
VOTER REGISTRATION
Below is the website if you would like to change your address online or you can ll out the paperwork provided and mail it back to your County Elections O ce listed below.
sos.state.co.us/voter/pages/pub/home.xhtml
County Elections O ce Contacts
Teller County Clerk
101 W. Bennett Ave., Cripple Creek, CO 80813 (719) 689-2951
Department of Motor Vehicles
Cripple Creek O ce
101 W Bennett Ave, Cripple Creek, CO 80813 (719) 689-2951
Woodland Park Branch O ce
Tamarac Business Center 800 Research Drive, Suite 200, Woodland Park, CO 80863 (719) 689-2951
MOVING CHECKLIST
UTILITIES
Electric
NW Natural Gas
Water District
Sewer District
Garbage Provider
Cable/Satellite
Fuel (Propane)
Phone Services
Internet
FINANCIAL INSTITUTIONS
Banks and Credit Unions
Credit Card Companies (including department store credit cards)
Retirement (Pension plans, 401K, Social Security, Veterans A airs)
Investments (Investment Agencies and Brokers)
Online Bill Payer
Paypal
GOVERNMENT OFFICES
US Post O ce
Department of Motor Vehicles
(Obtain your driver’s license and change vehicle registration)
IRS
Passport O ce
Veteran A airs
Unemployment O ce
(If you are currently receiving unemployment bene ts)
HEALTH
Physician
Pharmacies
SERVICE PROVIDERS
Childcare
Housecleaning Services
Delivery Services
Lawn Care Services
Veterinarian
Pool Service
MEMBERSHIPS
Health Clubs
Membership Clubs (AAA or similar)
Community Groups (PTA, Neighborhood Associations, Civic Clubs)
Children’s Extracurricular Activities (Dance Classes, Music Lesson, Sports Clubs)
SUBSCRIPTIONS
Newspapers
Magazine (USPS will only forward 2 months)
Movie Subscriptions
(Net ix, Blockbuster, etc)
Book or Music Clubs
OTHER
Friends and Family Employers
(typically notify the Human Resources Department)
MOVING CHECKLIST
8 WEEKS BEFORE YOUR MOVE
Inventory Sheets: Create an inventory sheet of all your belongings which need to be moved
Research Moving Options: You ’ll need to decide if yours is a do-it-yourself move or if you’ll be using a moving company.
Request Moving Quote: Solicit moving quotes from as many moving companies and movers as possible. There can be a large di erence between rates and services within moving companies.
Discard Unnecessary Items: Moving is a great time for ridding yourself of unnecessary items. Have a yard sale or donate unnecessary items to charity.
Packing Material: Gather moving boxes and packing material for your move.
Contact Insurance Companies: You ’ll need to contact your insurance agent to cancel/transfer your insurance policy.
4 WEEKS BEFORE YOUR MOVE
Start Packing: Begin packing all things destined for your new location.
Obtain Your Medical Records: Contact your doctor, physician, dentist and other medical specialists who may currently be retaining any of your family’s medical records. Obtain these records or make plans for them to be delivered to your new medical facilities if changing. Security is critical of personal records.
Note Food Inventory Levels: Check your cupboards, refrigerator and freezer. Use up as much of your perishable food as possible.
Small Engines: Service small engines for your move by extracting gas and oil from the machines. This will reduce that chance to catch re during your move.
Protect Jewelry and Valuables: Transfer your jewelry and valuables to a safety deposit box; you don’t want them to be lost or stolen during your move.
Borrowed and Rented Items: Return items which you may have borrowed or rented. Collect items borrowed to others.
1 WEEK BEFORE YOUR MOVE
Your Change of Address: Change your address with the USPS, DMV, Financial Institutions, Utilities, Government O ces, Health Care Service Providers, Memberships, Subscriptions and Insurance Provisions.
Bank Accounts: Transfer or close bank accounts if changing banks. Make sure to have a money order for paying the moving company.
Service Automobiles: If automobiles are to be driven long distance, you’ll want to have them serviced so you have a trouble-free drive.
Cancel Services: Notify any remaining service providers (newspapers, lawn services, etc.) of your move.
Travel Items: Set aside all items you ’ll need while traveling. Make sure these are not packed on the moving truck..
Contact Utility Companies: Set utility turno date, seek refunds and deposits and notify them of your new address.
MOVING DAY
Plan Your Itinerary: Make plans to spend the entire day at the house or at least until the movers are on their way. Someone will need to be around to make decisions. Make plans for kids and pets to be at a sitters for the day.
Review the House: Once the house is empty, check the entire house (closets, attic, basement, etc.) to ensure no items are left or no home issues exist.
Double Check With Your Mover: Ensure the mover has the new property address and all of your most recent contact information, should they have any questions during your move.
Vacate Your Home: Make sure utilities are o , doors and windows are locked and notify your real estate agent you’ve vacated the property.
Questions To Ask: Where is the garage door opener? Where are the keys to the house, mailbox and other lockable area? Did you retrieve all keys from neighbors and friends?
Black Hills Energy 1-888-890-5554 Www.blackhillsenergy.com
San Isabel Electric Association (719) 549-4999 www.siea.com
NEWSPAPERS
Pikes Peak Courier www.thepikespeakcourier.com
Colorado Springs Gazette www.gazette.com
The Cripple Creek News www.thecreeknews.com
RECREATION
Pikes Peak
North Slope Recreation Area
Rainbow Hills Campground
Rampart Resivoir
Woodland Park
TITLE & ESCROW
CYBER SECURITY
Because of you… we obsess over cyber security!
Cyber fraud and email hacking is on the rise. Fraudsters may access individual email accounts and monitor the life of your transaction. At the time funds are due to the escrow, fraudsters intercept the information for wiring funds and the fraudsters change the information without the knowledge of the sender or recipient, resulting in the funds being sent to an outside account and never credited to the intended party.
To protect and reduce your risk, WFG has implemented the following procedures for outgoing and incoming wires:
Outgoing Wire from WFG to seller or borrower for proceeds
In the escrow paperwork provided you will be asked to provide written instructions on how you want funds dispersed at the close of escrow. If you choose to have the funds sent via wire transfer, WFG will contact you by phone to con rm the wire information provided.
Incoming Wires from buyer and/or lender to WFG bank account
For funds that are to be wired to WFG for your transaction, we will send speci c wire instructions to the remitting person via an encrypted email. We recommend you reach out to your WFG contact to con rm the wire instructions prior to remittance.
We look forward to processing your escrow transaction for you. We know that this can be a stressful time and we are here to assist you in any way we can to make this a good experience.
PROTECT YOUR MONEY WHEN BUYING A HOME: YOUR WIRE FRAUD CHECKLIST
Every day, hackers try to steal your money by emailing fake wire instructions. Criminals will use a similar email address and steal a logo and other info to make it look like the email came from your real estate agent or title company. You can protect yourself and your money by following the steps below.
Don’t send sensitive nancial information via email.
Call, don’t email. Con rm your wiring instructions by phone using a known number before transferring funds.
We will never email wiring instructions to you nor change WFG account information after it’s been provided to you by our sta .
Keep your email account clean, remove any stale messages. Hackers can watch your business patterns and use this information against you.
Ask your bank to con rm the name on the account before sending a wire.
Call your title company or real estate agent within four to eight hours to con rm they have received your money.
This is for informational purposes only and should not be considered legal advice.
WHY IS OWNER’S TITLE INSURANCE IMPORTANT?
The purchase of a home is likely going to be one of the most expensive and important purchases you will ever make. You and your mortgage lender want to make sure the property is indeed yours and that no individual or government entity has any right, lien, claim, or encumbrance to your property.
The title insurance company’s function is to make sure your rights and interests to the property are clear, that transfer of title takes place e ciently, and correctly, and your interests as a homebuyer are protected. Title insurance companies provide services to buyers, sellers, real estate developers and builders, mortgage lenders, and others who have an interest in the real estate transfer. Title companies issue two types of policies - “Owners Policy” (which covers the homebuyer) and “Lenders Policy” (which covers the bank, savings and loan, or other lending institution over the life of a loan). Both are issued at the time of purchase for a one-time premium.
The title company conducts an extensive search of public records to determine if anyone other than you has an interest in the property before issuing a policy. The search may be performed by title company personnel using either public records, or more likely, information gathered, reorganized, and indexed in the company’s title “plant”. With such a thorough examination of records, title problems can usually be found and cleared up prior to purchase of the property. Once a title policy is issued, if for some reason any claim, which is covered under your title policy, is ever led against your property, the title company will pay the legal fees involved in defense of your rights as well as any covered loss arising from a valid claim. That protection, which is in e ect as long as you or your heirs own the property, is yours for a one-time premium paid at the time of purchase.
The title company works to eliminate risks before they develop. This makes title insurance di erent from other types of insurance. Most forms of insurance assume risks by providing nancial protection through a pooling of risks or losses arising from unforeseen events, like re, theft, or accident. The purpose of title insurance, on the other hand, is to eliminate risks and prevent losses caused by defects in title that happened in the past. Risks are examined and mitigated before property changes hands. Eliminating risk has bene ts to both of you, the home buyer, as well as the title company. It reduces the chance adverse claims might be raised, and by doing so reduces the number of claims that have to be defended or satis ed. This keeps costs down for the title company and your title premiums low. With title insurance you are assured that any valid claim against your property will be taken on by the title company, and that the odds of a claim being led is slim.
WHAT IS ESCROW
When your o er has been accepted and conveyed, escrow is opened. An escrow is an arrangement made under contract between a buyer and seller. As the neutral third party, escrow is responsible for receiving and disbursing money and/ or documents. Both the buyer and seller expect the escrow agent to carry out their written instructions associated with the transaction and also to advise them if any of their instructions are not being met, or cannot be met. If the instructions from all parties to an escrow are clearly set out, the escrow o cer can proceed on behalf of the buyer and seller without further consultation.
TYPICAL ROLES IN THE CLOSING PROCESS
The Seller/Agent
• Delivers Purchase Sale Agreement to the escrow agent
• Prepares the paperwork necessary to close the transaction
• Approves the commitment for title insurance, or other items as called for by the Purchase Sale Agreement
The Buyer/Agent
• Deposits funds required to close with the escrow agent
• Executes the paperwork and loan documents necessary to close the transaction
The Lender
• Deposits loan documents to be provided by the buyer
• Deposits the loan funds
• Informs the escrow agent of the conditions under which the loan funds may be used
The Escrow Agent
• Clears Title
• Obtains title insurance
• Obtains payo s and release documents for underlying loans on the property
• Receives funds from the buyer and/or lender
• Prepares vesting document a davit on seller’s behalf
• Prorates insurance, taxes, rents, etc.
• Prepares a nal statement (often referred to as the Closing Disclosure or CD) for each party, indicating amounts paid in conjunction with the closing of your transaction
• Forwards deed to the county for recording
• Once the proper documents have been recorded, the escrow agent will distribute funds to the proper parties
Escrow is the process that gathers and processes many of the components of a real estate transaction. The escrow agent is a neutral third party acting on behalf of the buyer and seller.
WHAT IS TITLE
Title insurance insures against nancial loss from defects in title, liens, or other matters. It protects both purchasers and lenders against loss by the issuance of a title insurance policy. Usually, during a purchase transaction the lender requests a policy (commonly referred to as the Lender’s Policy) while the buyers receive their own policy (commonly referred to as an Owner’s Policy).
It will protect against lawsuits if the status of the title to a parcel or real property is other than as represented, and if the insured (either the owner or lender) su ers a loss as a result of a title defect. The insurer will reimburse the insured for that loss and any related legal expenses.
How is title insurance di erent than other types of insurance?
While the purpose of most other types of insurance is to assume risk through the pooling of monies for losses happening because of unforeseen future events (like sickness or accidents), the primary purpose of title insurance is to eliminate risks and prevent losses caused by defects in title arising out of events that have happened in the past. To achieve this, title insurers perform a thorough search and examination of the public records to determine whether there are any adverse claims (title defects) attached to the subject property. These defects/claims are either eliminated prior to the issuance of a title policy or their existence is excepted from coverage. The policy is issued after the closing of your new home, for a one time nominal fee, and is good for as long as you own the property.
What’s involved in a title search?
A title search is made up of three separate searches:
• Chain of Title – History of the ownership of the subject property
• Lien & Encumbrance Search – Discloses liens and encumbrances on the subject property
• Exceptions from Coverage Search –Includes Easements, Covenants, Conditions and Restrictions, etc.
After the three searches have been completed, the le is reviewed by an examiner who determines:
• If the Chain of Title shows that the party selling the property has the rights to do so.
• Whether there are any unsatis ed judgments on the Judgment and Name Search against the previous owners, sellers, or/and purchasers.
Rights established by judgment decrees, unpaid federal income taxes, and mechanics liens all may be prior claims on the property, ahead of the buyer’s or lender’s rights. The title search will only uncover issues in title that are of public record and therefore allowing the title company to work with the seller to clear up these issues and provide the new buyer with title insurance.
Once the searches have been examined, the title company will issue a commitment, stating the conditions under which it will insure title. The buyer, seller, and the mortgage lender will proceed with the closing of the transaction after clearing up any defects in the title that have been uncovered by the search and examination.
WHO PAYS FOR WHAT IN COLORADO
The examples below are typical. However, the real estate purchase agreement will ultimately determine who is paying for what expenses.
The Seller
• Real Estate Commission
• Document preparation fee for Deed
• Payo of all loans in the seller’s name (or existing loan balance if being assumed by Buyer)
• Interest accrued to lender being paid o
• Statement Fees, Reconveyance Fees, and any prepayment penalties to Payo Lender
• Home Warranty (according to contract)
• Any judgments, tax liens, etc. against the seller
• Tax proration (for any taxes unpaid at time of transfer of title)
• Any unpaid Homeowners’ Association dues
• Recording charges to clear documents of record against seller
• Any bonds or assessments (according to contract)
• Any and all delinquent taxes
• Notary Fees
Personal Property vs. Real Property
The Buyer
• Title Insurance Premium for Lender’s Policy
• Escrow Fee (one half)
• Document preparation (if applicable)
• Notary fees
• Recording charges for all documents in Buyers’ names
• Tax proration (from date of acquisition)
• Homeowners’ Association transfer fee
• HOA proration (from date of acquisition)
• All new loan charges (except those required by lender for seller to pay
• Interest on new loan from date of funding to 30 days prior to rst payment date
• Assumption/Change of Record fees for takeover of existing loan (if applicable)
• Bene ciary Statement Fee for assumption of existing loan (if applicable)
• Any bonds or assessments (according to contract)
The distinction between personal property and real property can be the source of di culties in a real estate transaction. A purchase contract is normally written to include all real property; that is, all aspects of the property that are fastened down or which are an integral part of the structure. For example, this would include light xtures, drapery rods, attached mirrors, and trees and shrubs in the ground. It would not include potted plants, free-standing refrigerators, washer/dryer, microwave, bookcases, lamps, etc. If there is any uncertainty whether an item is included in the sale or not, it is best to be sure that the particular item is mentioned in the purchase agreement as being included or excluded.
DISCLAIMER:
This information is provided for informational purposes only and no warranties are made.
TITLE VESTING
TENANCY IN SEVERALTY
Ownership of property vested in one person rather than held jointly with another.
JOINT TENANCY WITH RIGHT OF SURVIVORSHIP TENANCY IN COMMON
Parties need not be married; may be more than two persons.
Parties need not be married; may be more than two persons.
Also called sole tenancy.
The sole owner may use, encumber, rent, sell, and convey at their discretion.
The owner may transfer the property via a Will, Trust, or a Bene ciary Deed upon their death.
Each joint tenant holds an equal and undivided interest in the estate, unity of interest.
Upon death, the estate of the decedent must be “cleared” through probate or adjudication.
One joint tenant can partition the property by selling his or her joint interest.
Each joint tenant holds an undivided fractional interest in the estate. May be disproportionate interest e.g. 20% and 80%; 40% and 60%; etc.
Each tenant’s share can be conveyed, mortgaged, or devised to a third party.
Requires signatures of all joint tenants to convey or encumber the whole.
Requires signatures of all to convey or encumber the whole.
Estate passes to surviving joint tenants outside of probate.
No court action required to “clear” title upon the death of joint tenant(s).
Upon death, the tenant’s proportionate share passes to his or her heirs by will or intestacy.
Upon death, the estate of the decedent must be “cleared” through probate or adjudication.
DISCLAIMER – The foregoing contains informational examples only and is not to be construed as legal advice. Given the complexities involved in acquiring and holding legal title to real property, WFG strongly recommends that you seek legal advice from an attorney prior to doing so.
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METRO OFFICE
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TABLE OF CONTENTS
Altos Market Report
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Woodland Park, CO 80863
REPORT FOR 3/7/2025
Single-Family Homes
This week the median list price for Woodland Park, CO 80863 is $735,000 with the market action index hovering around 37. This is an increase over last month's market action index of 36. Inventory has increased to 59.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Real-Time Market Profile
Median List Price$735,000
Median Price of New Listings $750,000 Per Square Foot$295 Average Days on Market 123
Slight Seller's Advantage
Market Narrative
The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.
Market Segments
Slight Seller's Advantage
Each segment below represents approximately 25% of the market ordered by price.
$1,224,0003,9072.5 - 5
$455,0001,3160.25
Median List Price
In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general over the last several weeks.
Segments
In the quartile market segments, we see prices in this zip code generally settled at a plateau, although Quartile 3 is on a bit of an up trend in recent weeks. We'll need to see a persistent shift in the Market Action Index before we see prices across the board move from these levels.
Price Per Square Foot
In a market where prices are rising fairly consistently, price per square foot is essentially flat. This often implies that new homes coming on the market are pricier, and also larger than older homes. As a result the value one can buy stays the same. 7-Day
Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.
Market Action Index
The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.
Market Action Segments
Not surprisingly, all segments in this zip code are showing high levels of demand. Watch the quartiles for changes before the whole market changes. Often one end of the market (e.g. the highend) will weaken before the rest of the market and signal a slowdown for the whole group.
Median Days on Market (DOM)
The properties have been on the market for an average of 147 days. Half of the listings have come newly on the market in the past 117 or so days. Watch the 90-day DOM trend for signals of a changing market.
Segments
It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
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