$215,000
SOLD JUL 27, 2020

0 Highway 348 Olathe, CO 81425

14 Acres
$15,035 Price per Acre
622,908 Sq Ft Lot

Recently Sold

$60 Per Sq Ft

87% Above List Price

881 Days on Market

Highlights

  • Horses Allowed On Property
  • Mountain View
  • Crops Farm
  • 14.3 Acre Lot
  • Cattle
  • 10 Irrigated Acres

About This Lot

As of December 2020

Two contiguous parcels with two paid water taps ( worth about $7000 EACH) comprising approximately 14 acres with numerous possibilities and no covenants. 10 acres of the property is currently being farmed and the remaining 4 would make a wonderful home site. Utilities are available and there is ample irrigation water.

Last Agent to Sell the Property

Gary Bertorello

Montrose Home & Land Company Listed on: 01/04/2018

Last Buyer's Agent

Gary Bertorello

Montrose Home & Land Company Listed on: 01/04/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $230

Lot Details

  • 14.3 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Property is zoned Agriculture

Schools

  • Olathe K-5 Elementary School
  • Olathe 6-8 Middle School
  • Olathe 9-12 High School

Farming

  • Crops Farm
  • 10 Irrigated Acres
  • Cattle

Utilities

  • Irrigation Water Rights
  • Septic System

Additional Features

  • Mountain Views
  • Horses Allowed On Property

Listing and Financial Details

  • Security Deposit $2,500
  • Assessor Parcel Number 372513201002

Property Details

Property Type

Land

Est. Annual Taxes

$230

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Land Title
  • Legal Lot Block: SUBD: LOGAN MINOR SUBD LOTS 2 and 3, S: 13 T: 50 R: 11
  • Livestock Allowed: Cattle, Horses, Poultry
  • Lot Size Acreage: 11-20 Acres
  • Parcel Id Number: 372513201002
  • Street Descriptionaccess: State Highway, Paved
  • Tax Account Id: R0019652
  • Zoning: Agriculture
  • Domestic Sewer: Septic
  • Domestic Water: Domestic Installed/Paid
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Irrigation Acres: 10
  • Estimated Total Acres: 14.3
  • Current Property Use: Ag/Row Crops, Irrigated Farmland
  • Em Deposit: 2500.00
  • Possible Property Use: Residential Single Family, Ag/Row Crops, Aglivestock, Cattle, Horses, Irrigated Farmland
  • Water Rights Irrigation: Yes
  • Income Producing: Yes
  • Irrigation Systemrights: Open Ditch
  • Irr Water Descamnt: UVWUA
  • Mineral Rights: Unknown
  • Price Acre: 15377.62
  • Topography: Level
  • Modularmobile Allow: Both
  • Price per Sq Ft: 0.35
  • Sold Priceacre: 15034.97
  • Water Tap Available: Yes
  • Total Taxes Dollar: 230.36
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Fence: Partial Property
  • Views: Mountains

Utilities

  • Utilities: Electricity Near, Natural Gas Near
  • Water Tap Paid: Yes
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Irrigation Water District: UVWUA
  • Water Supplier: Tri-County Water Conservancy

Schools

  • Elementary School: Olathe K-5
  • Middle School: Olathe 6-8
  • High School: Olathe 9-12
  • High School: Olathe 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2019

MLS Schools

  • Elementary School: Olathe K-5
  • Middle School: Olathe 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2020
Closed on
Dec 10, 2020
Sold by
Davdnport Joseph
Bought by
Silkowski Timothy Andrew
Seller's Agent
Leslie Gore
CENTURY 21 Elevated Real Estate
Buyer's Agent
Jennifer Johnson
NextHome Virtual
List Price
$899,500
Sold Price
$777,000
Premium/Discount to List
-$122,500
-13.62%
Current Estimated Value
$1,184,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,893
Avg. Annual Appreciation
9.27%
Original Mortgage
$325,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2019
Sold by
Wadley Tanya and Wadley Jacob
Bought by
Davenport Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2016
Sold by
Wadley Tanya
Bought by
Wadley Tanya and Wadley Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,793
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 25, 2014
Sold by
Strantz John R and Strantz Gayle
Bought by
Wadley Tanya
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 $777,000 Land Title Guarantee Co
Quit Claim Deed -- Heritage Title Company
Warranty Deed -- None Available
Warranty Deed $145,000 Closing & Title Services
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 New Conventional
Closed $325,000 New Conventional
Previous Owner $269,000 New Conventional
Previous Owner $278,180 New Conventional
Previous Owner $275,793 FHA
Previous Owner $275,793 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2020 12/15/20 Sold $777,000 -0.4% $217 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
09/29/2020 09/29/20 Price Changed $780,000 +262.8% $218 / Sq Ft
07/27/2020 07/27/20 Sold $215,000 -75.0% $60 / Sq Ft
07/15/2020 07/15/20 Price Changed $860,000 -4.4% $240 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
03/25/2020 03/25/20 For Sale $899,500 +309.0% $251 / Sq Ft
05/16/2019 05/16/19 Price Changed $219,900 +12.8% $61 / Sq Ft
05/07/2018 05/07/18 Sold $195,000 +712.5% $116 / Sq Ft
04/09/2018 04/09/18 Sold $24,000 -88.8% $7 / Sq Ft
03/30/2018 03/30/18 Pending -- -- --
03/27/2018 03/27/18 For Sale $215,000 +795.8% $128 / Sq Ft
02/06/2018 02/06/18 Pending -- -- --
02/06/2018 02/06/18 For Sale $24,000 -79.1% $7 / Sq Ft
01/04/2018 01/04/18 For Sale $114,900 -25.9% $32 / Sq Ft
04/24/2017 04/24/17 Sold $155,000 0.0% $43 / Sq Ft
04/23/2017 04/23/17 Pending -- -- --
04/23/2017 04/23/17 For Sale $155,000 -26.5% $43 / Sq Ft
04/07/2017 04/07/17 Sold $210,750 -2.0% $130 / Sq Ft
03/13/2017 03/13/17 Pending -- -- --
03/02/2017 03/02/17 For Sale $215,000 -27.1% $132 / Sq Ft
01/26/2017 01/26/17 Sold $295,000 +9.3% $199 / Sq Ft
01/10/2017 01/10/17 Sold $270,000 -10.0% $133 / Sq Ft
12/12/2016 12/12/16 Pending -- -- --
12/07/2016 12/07/16 Pending -- -- --
11/01/2016 11/01/16 For Sale $300,000 -11.7% $202 / Sq Ft
09/14/2016 09/14/16 For Sale $339,900 +518.0% $167 / Sq Ft
05/14/2015 05/14/15 Sold $55,001 +12.2% $26 / Sq Ft
04/20/2015 04/20/15 Pending -- -- --
04/14/2015 04/14/15 For Sale $49,000 -55.3% $24 / Sq Ft
12/04/2014 12/04/14 Sold $109,500 -44.1% $83 / Sq Ft
11/24/2014 11/24/14 For Sale $196,000 0.0% $152 / Sq Ft
11/21/2014 11/21/14 Sold $196,000 +85.1% $152 / Sq Ft
10/25/2014 10/25/14 Pending -- -- --
09/05/2014 09/05/14 Pending -- -- --
07/15/2014 07/15/14 For Sale $105,900 -31.7% $80 / Sq Ft
06/25/2014 06/25/14 Sold $155,000 -3.1% $43 / Sq Ft
06/07/2014 06/07/14 Pending -- -- --
03/21/2014 03/21/14 For Sale $159,900 +461.1% $45 / Sq Ft
11/02/2012 11/02/12 Sold $28,500 -59.3% $14 / Sq Ft
06/02/2012 06/02/12 Pending -- -- --
03/04/2012 03/04/12 For Sale $69,950 -- $35 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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 $6,120 $87,330 $5,970 $81,360
2023 $4,889 $78,140 $6,430 $71,710
2022 $3,426 $54,430 $3,720 $50,710
2021 $3,605 $57,000 $3,900 $53,100
2020 $3,406 $54,960 $3,680 $51,280
2019 $3,428 $54,960 $3,680 $51,280
2018 $3,411 $53,200 $3,220 $49,980
2017 $3,404 $53,200 $3,220 $49,980
2016 $3,261 $51,900 $3,080 $48,820
2015 $1,853 $31,950 $3,080 $28,870
2014 $63 $1,170 $990 $180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 740501

Colorado Real Estate Network (CREN)

APN: R0019286