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Feature Home - Private Cul-de-Sac Home

$335,000 Price Improvement

Front view of home

Address: 18924 Cypress Pt.	City/ST: Monument, CO	Zip Code: 80132
Location: Woodmoor	Property Type: Single Family Home	New or Resale: Resale
Square Footage: 3626	Bedrooms: 6	Bathrooms: 4
MLS# 517766

SPACE, SPACE, SPACE... ON PRIVATE TREED 3/4 ACRE CUL-DE-SAC LOT. OVER 3,600SF WITH 6 BEDROOMS - OR 4 BEDROOMS, PLUS OFFICE AND THEATRE/GAME ROOM. MASTER SUITE HAS COFFERED CEILING, WALK-IN CLOSET, AND PRIVATE 5-PIECE BATH WITH JET TUB. WALK-OUT RANCH PLAN WITH 3 LARGE LIVING AREAS, FIREPLACE ON MAIN LEVEL AND PELLET STOVE AND WET BAR DOWNSTAIRS. THIS HOME IS A BLANK SLATE WAITING FOR YOUR PERSONAL DESIGN TOUCHES. WELL-MAINTAINED HOME, READY TO MOVE-IN. WALK TO COUNTRY CLUB WITH TENNIS, GOLF, POOL, AND FITNESS!

Last Updated: 12/9/2009 4:08:20 PM

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Front view of home
Kitchen
Eat-in area
Formal dining
Formal living
Master suite
5-pc master bath
Family room
Rec room
2nd view of rec room
Secondary bedroom
Secondary bedroom
Great deck & backyard
Rear view of home

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Tax Considerations >Not at ARMs Length

A sale of a house is just a sale, right? Not necessarily. If you are selling your house to your children or transferring title outside the open market, then the transaction may be characterized as "not at arm's length". Since such a transfer may have tax consequences, you should discuss it with a tax attorney or accountant before taking action.

The transfer of title to a son or daughter may cause the parents to lose favorable property tax treatment, require the payment of state gift taxes, or have other unexpected consequences. From a capital gains point of view, it may be more prudent for children to inherit property than to receive it as a gift. The disposition of any real estate should be considered within the entire framework of your tax and estate planning.

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Q	Which islands are considered the largest islands in the US?
A	The Hawaiian Islands with 10,456 square miles are followed by Kodiak Island in Alaska at 9,510 square miles.
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First Class Team, REALTOR�, real estate agent and broker for Colorado Springs, Monument and Black Forest, Colorado home listings, property and land for sale

Claire Boynton
The Platinum Group Realtors
6760 Corporate Dr. #300
Colorado Springs, CO 80919
719-481-1000
Fax: 866-719-1275
platinumgrouprealtors@BestImageAgent.com

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