$1,067,000
SOLD JUL 1, 2024

0 E 72nd Ave Unit REC7813609 Watkins, CO 80137

156 Acres
$6,840 Price per Acre
6,795,360 Sq Ft Lot

Recently Sold

18% Below List Price

95 Days on Market

Highlights

  • Horses Allowed On Property
  • No HOA
  • Level Lot
  • 156 Acre Lot

About This Lot

As of July 2024

ATTN: Land Bankers, Developers, and Green & Renewable Energy companies! Now available, 156 acres just north of Colorado’s Space Port & Port Colorado. This unimproved agricultural zoned parcel is very special because it falls just within the boundary of Adams County’s brand new Air & Space Port Sub Area Plan, which allows for elevated uses such as Sustainable Agricultural & Agricultural Support Industries & GREEN/ RENEWABLE ENERGY production & support installations! Expanded uses may be approved as per Adams County, subject to application. Current AG zoning also allows for subdivision in to 35+ acre homesites with farming. Water rights transfer with title. See link for Adams County’s newly published area plan.

The property is situated about 10 minutes north of I-70 / Watkins exit, and about 1 mile north of Colo Air & Space Port land, minutes from DIA, Gaylord Hotel. and Green Valley Ranch. As the E 56th Ave corridor is improved and developed, this location will be sure to follow.

Buy now at agricultural pricing and hold to be a part of the peripheral development resulting from the tremendous Port Colorado Redevelopment District!
Unincorporated Adams County, no street number designated thus far on E 72nd Ave, city of Watkins.

Sub Area Plan: https://adcogov.org/sites/default/files/CASP-Subarea-Plan-Final-081321.pdf

Last Agent to Sell the Property

Brian Furer

VIP Real Estate LLC Brokerage Email: brian@viprealestateco.com,720-251-0778 License #40047921 Listed on: 03/09/2024

Last Buyer's Agent

Sean Nelson

Keller Williams DTC License #100082771

Keller Williams DTC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $362

Lot Details

  • 156 Acre Lot
  • Dirt Road
  • Suitable For Grazing
  • Level Lot
  • Subdivision Possible
  • Property is zoned A-3

Additional Features

  • Horses Allowed On Property
  • Water Rights

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Crops belonging to farmer leasing seasonally.
  • Assessor Parcel Number R0083290

Property Details

Property Type

Land

Est. Annual Taxes

$362

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Current Use: Agricultural
  • Exclusions: Crops belonging to farmer leasing seasonally.
  • Directions: From Watkins, take County Rd 25 N (Imboden Road) north to e 72nd Ave, turn RIGHT/East. Travel approx 1.5 Miles, property on your right (south side of 72nd), property starts at the first sign encountered with VIP phone number. OR - put "E 72nd Ave & Cavanaugh Rd" in to google maps. E 72nd Ave & Cavanaugh Rd is the NE corner of the property, at the small arrow sign. North border of property runs from sign to sign, one half mile between them. Note: 72nd is dirt road, caution in wet weather
  • SubdivisionName: none
  • Ownership: Individual
  • REC_RVSpaces: 0
  • REC_WaterIncludedYN: 0
  • REC_WaterMineralRights: Water Rights
  • Ratio Close Price By Original Li: 0.82077
  • Attribution Contact: brian@viprealestateco.com,720-251-0778
  • Special Features: VirtualTour

Exterior Features

  • Road Frontage Type: Public
  • Road Surface Type: Dirt

Garage/Parking

  • Attached Garage: No
  • REC_ParkingCount: 0

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Lot Info

  • Horses: Yes
  • Parcel Number: R0083290
  • Lot Size Acres: 156
  • Fencing: None
  • Possible Use: Agricultural, Industrial
  • Lot Features: Level, Subdividable, Suitable For Grazing
  • Lot Size Sq Ft: 6795360
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 362

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2024
Closed on
Jul 1, 2024
Sold by
Abrams Farm Llc
Bought by
Malireddy S Reddy 2012 Irrevocable Trust
Seller's Agent
Brian Furer
VIP Real Estate LLC
Buyer's Agent
Sean Nelson
Keller Williams DTC
List Price
$1,300,000
Sold Price
$1,067,000
Premium/Discount to List
-$233,000
-17.92%
Total Days on Market
95
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$219,733
Interest Rate
1.2%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 10, 2018
Sold by
Abrams Robert
Bought by
Abrams Farm Llc

Purchase Details

Closed on
Sep 20, 2018
Sold by
The Harold W Tupps Family Bypass Trust
Bought by
Abrams Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 5, 1999
Sold by
Tupps Charlotte M
Bought by
Tupps Charlotte M
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $1,067,000 Bronco Title & Escrow
Interfamily Deed Transfer -- None Available
Warranty Deed $203,364 Fidelity National Title
Warranty Deed $203,364 Fidelity National Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,000 Seller Take Back
Previous Owner $176,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $1,067,000 -10.7% --
04/24/2024 04/24/24 Price Changed $1,195,000 -8.1% --
03/09/2024 03/09/24 For Sale $1,300,000 -- --
Source: REcolorado®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $371 -- -- --
2023 $370 -- -- --
2022 $394 $5,240 $5,240 $0
2021 $394 $5,760 $5,760 $0
2020 $465 $6,930 $6,930 $0
2019 $482 $6,930 $6,930 $0
2018 $570 $7,440 $7,440 $0
2017 $569 $7,440 $7,440 $0
2016 $492 $6,740 $6,740 $0
2015 $488 $6,740 $6,740 $0
2014 -- $5,600 $5,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 7813609

REcolorado®

APN: 1817-00-0-00-007