NOT LISTED FOR SALE

0 Pinon Ridge Rd Unit 760700 Montrose, CO 81403

Estimated Value: $436,000 - $460,000

1 Bed
1 Bath
829 Sq Ft
$538/Sq Ft Est. Value

Last Sold September 25, 2019

Last sale price $239,000 $288 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,405/month

Highlights

  • Horses Allowed On Property
  • 40 Acre Lot
  • Deck
  • RV or Boat Parking
  • Mountain View
  • Wood Burning Stove

About This Home

As of September 2019

A perfect summer get-away! Come play, hunt, and relax on this beautiful low alpine 40-acre mountain parcel in Ouray County, located just 5 miles from Colona. The darling, cozy cabin is perched atop a hill in the southeast corner of the lot in a wide clearing where you can enjoy near 360-degree views of the Sneffels and Cimarron Mountains to the south, the Elk Mountains to the Northeast, the Grand Mesa and Montrose Valley to the north, and the Uncompahgre Plateau to the west. There is plenty of room for several RV's or to build a much larger, custom permanent home. A trail on a permissive easement through the adjoining property leads to BLM land in Hunting Unit 62. The cabin provides all the creature comforts you might need, including electricity, running water, a full kitchen, bathroom with flush toilet, flex room, satellite internet service, swamp cooler, and electric heat supplemented by a wood-burning stove. Cell phone service is also good. The expansive picture windows in the living room frame the gorgeous views and bring the outdoors in. Enjoy outdoor living and dining on the front wooden deck. A separate 10' x 14' wood shed provides additional storage space. Note: Water is supplied by a cistern system and must be hauled. You can fill your water tank at the conveniently located water station in Colona at the junction of Hwy 550 and Buckhorn Road. Pinion Ridge Road is a private road privately and well-maintained by a neighboring property owner, who also maintains the seller's .3-mile long driveway, affording year-round access for those who might want it.

Last Agent to Sell the Property

Ninah Hunter

Hunter Realty Listed on: 07/15/2019

Last Buyer's Agent

JJ Ossola

LIV Sotheby's International Realty - Telluride

LIV Sotheby's International Realty - Telluride

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $506

Year Built

  • Built in 1991

Lot Details

  • 40 Acre Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned Agriculture

Parking

  • RV or Boat Parking

Property Views

  • Mountain
  • Valley

Home Design

  • Cabin
  • Metal Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 829 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Great Room
  • Living Room with Fireplace
  • 1 Home Office

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Deck
  • Shed

Schools

  • Cottonwood K-5 Elementary School
  • Columbine 6-8 Middle School
  • Montrose 9-12 High School

Farming

  • Cattle
  • Hogs
  • Sheep or Goats

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Evaporated cooling system
  • Heating System Uses Wood
  • Heating System Powered By Owned Propane
  • Cistern
  • Water Heater
  • Septic Tank
  • Septic System
  • Internet Available

Community Details

  • Foothills

Listing and Financial Details

  • Assessor Parcel Number 403936100096

Home Details

Home Type

Single Family

Est. Annual Taxes

$506

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator
  • Estimated Total Acres: 40
  • Class: RESIDENTIAL
  • Em Deposit: 5000
  • Em Holder: Colorado Title & Closing
  • Exterior Inclusions: Shed/Storage, Deck
  • Interior Inclusions: Wood Stove, Ceiling Fan(s)
  • Legal Lot Block: NW1/4 NE1/4, SECTION 36, TOWNSHIP 47 NORTH, RANGE 9 WEST, NEW MEXICO PRINCIPAL MERIDIAN, COUNTY OF OURAY, STATE OF COLORADO
  • List Price per Sq Ft: 288.9
  • Livestock Allowed: Cattle, Horses, Poultry, Sheep, Swine
  • Lot Size Acreage: 35+
  • Parcel Id Number: 403936100096
  • Price Per Sq Ft: 288.3
  • Property Description: Foothills, Wooded Lot, Cleared
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Residence Style: Cabin
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Wood
  • Sold Price Sq Ft: 288.3
  • Street Descriptionaccess: Private, Gravel
  • Street Designation: Road
  • Zoning: Agriculture, Residential Single Family
  • Type: Stick Built
  • Internet Provider: Rise Broadband
  • Internet Service: Yes
  • Lvt Date: 07/17/2019
  • Total Taxes Dollar: 506.34
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dining Room: Eat-in Kitchen
  • Bedrooms: 1
  • Flooring: Hardwood, Laminate
  • Estimated Total Sq Ft: 829
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 1
  • Fireplace Location Type: Living Room, Woodstove
  • Great Room: Yes
  • Total Office Den: 1

Exterior Features

  • Construction Type: Wood Frame
  • Exterior Structures: Shed
  • Roof: Metal
  • Views: Mountains, Valley

Utilities

  • Utilities: Electric, Propane-Tank Owned, Internet, Phone - Cell Reception
  • Cooling: Evaporative Cooler
  • Electric Supplier: San Miguel Power Association
  • Gas Supplier: Propane
  • Heating System: Central Electric, Wood Stove
  • Sewer Supplier: Septic
  • Water Heater: Electric Water Heater

Schools

  • High School: Montrose 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018

MLS Schools

  • Elementary School: Cottonwood K-5
  • Middle School: Columbine 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2019
Closed on
Sep 25, 2019
Sold by
Huffman Robert W
Bought by
Ossola Ryan J and Ossola Ruby Alicia
Seller's Agent
Ninah Hunter
Hunter Realty
Buyer's Agent
JJ Ossola
LIV Sotheby's International Realty - Telluride
List Price
$239,500
Sold Price
$239,000
Premium/Discount to List
-$500
-0.21%
Current Estimated Value
$445,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,949
Avg. Annual Appreciation
10.78%
Original Mortgage
$215,100
Outstanding Balance
$188,411
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$257,538

Purchase Details

Listed on
Jul 15, 2019
Closed on
Sep 23, 2019
Sold by
Huffman Anna P
Bought by
Ossola Ryan J and Ossola Ruby Alicia
Seller's Agent
Ninah Hunter
Hunter Realty
Buyer's Agent
JJ Ossola
LIV Sotheby's International Realty - Telluride
List Price
$239,500
Sold Price
$239,000
Premium/Discount to List
-$500
-0.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,100
Outstanding Balance
$188,411
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$257,538

Purchase Details

Closed on
Nov 19, 2013
Sold by
Lone Cat Llc
Bought by
Huffman Robert W and Huffman Anna P

Purchase Details

Closed on
Sep 7, 2010
Sold by
Enggren Lars
Bought by
Lone Cat Llc

Purchase Details

Closed on
May 7, 2010
Sold by
Leonard Laura
Bought by
Enggren Lars

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 16, 2010
Sold by
Enggren Lars
Bought by
Lone Cat Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
5%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Ossola Ryan J -- Colorado Ttl & Closing Svcs
Ossola Ryan J $239,000 Colorado Ttl & Closing Svcs
Huffman Robert W $204,000 Land Title Guarantee Company
Lone Cat Llc -- None Available
Enggren Lars -- None Available
Lone Cat Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ossola Ryan J $215,100
Previous Owner Enggren Lars $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2019 09/25/19 Sold $239,000 -0.2% $288 / Sq Ft
07/29/2019 07/29/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $239,500 -- $289 / 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 $848 $17,630 $11,510 $6,120
2023 $918 $21,970 $13,260 $8,710
2022 $714 $15,190 $8,010 $7,180
2021 $718 $15,630 $8,240 $7,390
2020 $608 $13,520 $8,240 $5,280
2019 $608 $13,520 $8,240 $5,280
2018 $506 $11,090 $5,330 $5,760
2017 $503 $11,090 $5,330 $5,760
2016 $729 $15,930 $10,750 $5,180
2015 -- $15,930 $10,750 $5,180
2012 -- $13,570 $9,310 $4,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 760700

Colorado Real Estate Network (CREN)

APN: R004145