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1242 Highland Way

Erie, CO 80516

5 bd 5 ba 7,038 sqft Built 2013 Lot 79,279 sqft single_family
Most recent sale
$1,765,000
Jul 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 18, 2022 Sold $1,765,000 Public Record
Jul 15, 2022 Sold $1,765,000 MLS #965845
Jun 9, 2022 Price changed $1,750,000 MLS #965845
May 27, 2022 Price changed $1,840,000 MLS #965845
May 18, 2022 Listed $1,987,500 MLS #965845
Feb 3, 2018 Sold $1,150,000 MLS #833593
Sep 29, 2017 Listed $1,300,000 MLS #833593
Jun 13, 2014 Sold $689,000 MLS #733776
Apr 25, 2014 Listed $689,000 MLS #733776
Aug 16, 2012 Sold $160,000 Public Record
Jun 2, 2011 Listing removed $169,000 IRES
Feb 1, 2011 Listing removed $199,000 IRES
Feb 10, 2010 Listed $169,000 MLS #619450
Jan 31, 2010 Listing removed $199,000 IRES
Nov 25, 2009 Listed $199,000 MLS #614612
Jun 30, 2009 Listing removed $199,000 IRES
Feb 21, 2009 Listing removed $199,000 IRES
Jan 26, 2009 Listed $199,000 MLS #589235
May 6, 2008 Listed $199,000 MLS #537923

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $86,430 $18,260 $104,690 $10,619
2024 $86,430 $18,260 $104,690 $9,391
2023 $84,500 $19,570 $104,070 $9,005
2022 $66,560 $14,680 $81,240 $7,624
2021 $68,470 $15,100 $83,570 $7,758
2020 $60,940 $14,370 $75,310 $6,929
2019 $60,940 $14,370 $75,310 $7,008
2018 $59,100 $11,920 $71,020 $6,528
2017 $51,730 $11,920 $63,650 $5,613
2016 $42,850 $10,780 $53,630 $4,760
2015 $42,850 $10,780 $53,630 $4,598
2014 $32,770 $11,580 $44,350 $3,791
2013 $7,410 $11,580 $18,990 $1,642
2012 $32,530 $32,530 $2,808
2011 $32,530 $32,530 $2,616
2010 $32,530 $32,530 $3,172
2009 $39,820 $39,820 $3,148
2008 $29,260 $29,260 $2,423
2007 $29,260 $29,260 $1,952

Property facts

Year built
2013
Property type
single_family
Stories
1
Beds
5
Baths
5
Living area
7,038 sqft
Lot size
79,279 sqft
ZIP code
80516
City
Erie
Street
Highland Way
Coordinates
40.08564, -105.03184

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$14,780
Gross rental yield
10.05%
Implied cap rate
6.53%
Trend-extrapolated value

Frequently asked questions

When did 1242 Highland Way last sell?
1242 Highland Way most recently sold on Jul 15, 2022 for $1,765,000.
What is the current tax assessment for 1242 Highland Way?
The most recent total assessment for 1242 Highland Way (year 2025) is $104,690 with $10,619 in property tax.
How does 1242 Highland Way's assessment compare to its last sale price?
The current assessment is 94.1% below the last sale price of $1,765,000.
When was 1242 Highland Way built?
1242 Highland Way was built in 2013.
How does 1242 Highland Way compare to others on Highland Way?
We track 1 other property on Highland Way. Browse the list under "Other properties on Highland Way" to compare beds, baths, and sale history.
What are the property facts for 1242 Highland Way?
1242 Highland Way is a 5 bed, 5 bath, 7,038 sqft, 79,279 sqft lot single_family.
Is 1242 Highland Way a flip candidate?
No — 1242 Highland Way does not appear in our flips dataset.
Is 1242 Highland Way a tax-appeal candidate?
No — 1242 Highland Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-5.0%
Implied 1-yr
-19.9%
2026 Q3
$641.4K
2026 Q4
$594.4K
ZIP 80516 — Median Price History + Forecast

Explore nearby

Other properties on Highland Way