NOT LISTED FOR SALE

0 Sage Brush Or Sage Grouse Tr Unit 718076 Montrose, CO 81401

Estimated Value: $749,000

120 Acres
$6,242 Price per Acre
5,227,200 Sq Ft Lot

Last Sold June 22, 2018

Last sale price $325,000

Est. 130% increase in value since last sale

Current estimated payment $4,766/month

Highlights

  • Horses Allowed On Property
  • 120 Acre Lot
  • Wooded Lot
  • Ridgway Elementary School Rated A-
  • Mountain View
  • Property is near a preserve or public land

About This Lot

As of June 2018

Private 120+ acres on the north end of Loghill Mesa, year around road access. The parcel adjoins 15,000+/- acres of BLM, offers excellent hunting/recreation opportunities and outstanding home sites with beautiful mountain views. Elk, deer, turkeys and other game animals can be found on the property and live in this area among canyons, pinion, ponderosa and cedar trees. Located on Loghil Mesa, less than 50 miles from Telluride, you can easily access world class skiing, hiking, ATV riding, fishing, hunting, water sports and much more. This property is at the gateway to alpine mountains (The San Juan Mountains with the unbelievable Sneffels Range, the rugged Cimarron Range as well as others), rivers, lakes, deserts and much more. The towns of Ridgway (The Original True Grit movie filming site and hot springs), Ouray (county seat and known as the Switzerland of America, with several hot springs and swimming pool) and Montrose (large regional airport, shopping and medical) are minutes away. Power is available, a well would have to be drilled or domestic water system is in the area. The rural property is located in an unincorporated area of Ouray County and does not involve a restrictive homeowners association. There is a possibility to buy 40 acres of this great property. There is a survey of the property in the associated documents. The property originally was 166 acres the SW 1/4 has been sold. The survey shows the other 3 40+ acre properties that can be purchased individually for $140,000 per 40 acres or $395,000 for the full 120+ acres.

Last Agent to Sell the Property

Alan Stapleton

RE/MAX Cimarron Realty Listed on: 05/02/2016

RE/MAX Cimarron Realty

Last Buyer's Agent

Alan Stapleton

RE/MAX Cimarron Realty Listed on: 05/02/2016

RE/MAX Cimarron Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,640

Lot Details

  • 120 Acre Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Schools

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

Additional Features

  • Mountain Views
  • Horses Allowed On Property
  • Engineered Septic

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Security Deposit $20,000
  • Assessor Parcel Number 425703200222

Property Details

Property Type

Land

Est. Annual Taxes

$4,640

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Land Title
  • Horse Setup: Yes
  • Legal Lot Block: Lot 3, Lot 4, Sw1/2 W 1/4, Sec 3, T 46, R 9
  • Lot Size Acreage: 101-200 Acres
  • Parcel Id Number: 425703200222
  • Property Description: Wooded Lot, Borders Public Land
  • Street Descriptionaccess: County, Gravel
  • Zoning: Residential Single Family
  • Domestic Sewer: Engineered Septic
  • Type: Mountain Property
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 120
  • Current Property Use: Mountain Recreation
  • Em Deposit: 20000
  • Possible Property Use: Residential Single Family, Mountain Recreation
  • Mineral Rights: Unknown
  • Topography: Rolling
  • Modularmobile Allow: Both
  • Price per Sq Ft: 0.08
  • Sold Priceacre: 2708.33
  • Total Taxes Dollar: 4640
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains

Utilities

  • Utilities: Electricity
  • Electric Supplier: San Miguel Power Association

Schools

  • High School: Ridgway 9-12

Tax Info

  • Tax Year: 2017

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2016
Closed on
Jun 22, 2018
Sold by
Wenger Grace L
Bought by
Smith Toby W and Ford Smith Jennifer
Seller's Agent
Alan Stapleton
RE/MAX Cimarron Realty
Buyer's Agent
Alan Stapleton
RE/MAX Cimarron Realty
List Price
$482,500
Sold Price
$325,000
Premium/Discount to List
-$157,500
-32.64%
Current Estimated Value
$749,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$424,000
Original Mortgage
$227,500
Outstanding Balance
$134,375
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 2010
Sold by
Wenger Charles R and Wenger Grace L
Bought by
Wenger Charles R and Wenger Grace L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Smith Toby W $162,500 Fidelity National Title
Wenger Charles R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Toby W $227,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2018 06/22/18 Sold $325,000 -17.7% --
05/02/2018 05/02/18 Pending -- -- --
09/06/2017 09/06/17 Price Changed $395,000 -18.1% --
05/02/2016 05/02/16 For Sale $482,500 -- --
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 $10,153 $198,030 $178,680 $19,350
2023 $10,153 $198,030 $178,680 $19,350
2022 $7,064 $126,770 $113,450 $13,320
2021 $6,862 $126,340 $113,450 $12,890
2020 $5,498 $112,480 $112,480 $0
2019 $5,498 $112,480 $112,480 $0
2018 $4,663 $91,400 $91,400 $0
2017 $4,640 $91,400 $91,400 $0
2016 $7,320 $144,710 $144,710 $0
2015 -- $144,710 $144,710 $0
2012 -- $162,470 $162,470 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 718076

Colorado Real Estate Network (CREN)

APN: R003190