Seller's Agent in 2022
Justin Osborn
The Wells Group of Durango, LLC
(970) 946-3935
347 Total Sales
Estimated Value: $435,000 - $945,000
280 acres with senior water rights, tons of wildlife, No HOA, No Covenants & No Conservation Easement. Located off of a quiet county road southeast of Ignacio, this ranch is for the buyer that wants to put some elbow grease into the land for some great equity. While it is extremely private, and isolated from it's neighbors thanks to the plateau that it sits on, it's not too remote by any means. Priced at only $2,500 an acre, this is one of the best valued properties you'll find with water rights in all of Southwest Colorado. The ranch is located at 6300' elevation in the Banana Belt Region of Southwest Colorado where there is 300+ days of sunshine a year. 80 shares of Pine River Canal are included. Note that in September of 2021 when all the other irrigation districts in Southwest Colorado were already shut down for the year, this ranch was still getting it's water. Annual taxes are under $1,000 a year! Old homestead is abandoned and sellers make no representation regarding the infrastructure or the improvements. There are two gas pads on the property. No mineral rights included.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Graham Steven Lee | $1,060,000 | Cts (Colorado Title & Closing | |
| Graham Steve | $690,000 | None Listed On Document | |
| Graham Steve | $180,000 | None Listed On Document | |
| Espinosa Fred & Verna Trustees | -- | -- |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/18/2022 04/18/22 | Sold | $690,000 | -1.4% | $1,380 / Sq Ft |
| 01/07/2022 01/07/22 | Pending | -- | -- | -- |
| 09/04/2021 09/04/21 | For Sale | $700,000 | -- | $1,400 / Sq Ft |
| 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 |
|---|---|---|---|---|
| 2025 | $785 | $23,310 | $18,140 | $5,170 |
| 2024 | $744 | $19,840 | $18,190 | $1,650 |
| 2023 | $744 | $22,560 | $18,190 | $4,370 |
| 2022 | $973 | $23,720 | $18,190 | $5,530 |
| 2021 | $962 | $24,270 | $19,950 | $4,320 |
| 2020 | $919 | $23,200 | $18,900 | $4,300 |
| 2019 | $745 | $23,200 | $18,900 | $4,300 |
| 2018 | $820 | $25,730 | $21,670 | $4,060 |
| 2017 | $837 | $25,730 | $21,670 | $4,060 |
| 2016 | $675 | $22,740 | $16,100 | $6,640 |
Seller's Agent in 2022
Justin Osborn
The Wells Group of Durango, LLC
(970) 946-3935
347 Total Sales
Buyer's Agent in 2022
Kalei Pitcher
Jann C Pitcher Real Estate
(970) 759-8165
119 Total Sales
Source: Colorado Real Estate Network (CREN)
MLS Number: 786601
APN: R004977