Seller's Agent in 2023
Michael Newton
RE/MAX
(303) 748-1713
85 Total Sales
11503 4050 Rd Paonia, CO 81428
Estimated Value: $728,000 - $2,217,000
3
Beds
2
Baths
2,174
Sq Ft
$536/Sq Ft
Est. Value
Highlights
- Corral
- 109 Acre Lot
- Meadow
- Home fronts a pond
- Deck
- Partially Wooded Lot
About This Home
As of September 2023The Sellers have dialed in the price on this Spectacular 109 Acre Paonia Ranch* The Ranch is situated in an agricultural valley, commanding spectacular views of Mt.Lamborn and the Grand Mesa* The property is adjacent to McCluskey State Wildlife Preserve and is located 89 miles from Aspen and 227 Miles Southwest of Denver*The Elk Vista Ranch offers a custom 2 bedroom, 2 bath, private office home, with vaulted ceilings and expansive mountain views. The home boasts two large cedar decks for additional mountain viewing and star gazing. Other improvements include a charming guest cabin, suitable for multiple guests with its private kitchen and bath; A large heated work shop with two RV compatible overhead doors, attaching to a private art/recording studio, with an additional kitchen and bath*A new state of the art recording studio completed in 2022. The property also includes a four-stall horse barn/corrals, a open air covered hay shed and large enclosed garden area, with two patios and an additional observation deck off the garden.
The plenitude of water that Elk Vista possesses, creates several opportunities for various agricultural endeavors such as orchards & vineyards*The water resources included in this extraordinary ranch include: 3 Bone Mesa Water Taps, 20(Twenty) shares of Minnesota ditch and reservoir company, additional spring water rights including 1 domestic well and 2 additional unused well permits*Buyer to verify all measurements
Last Agent to Sell the Property
RE/MAX Northwest Inc License #001323790 Listed on: 08/18/2022
Co-Listed By
Pete Bellande
Compass - Denver License #100042332
Last Buyer's Agent
Charlotte Martin
HomeSmart Realty Partners License #040005061
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,105
Year Built
- Built in 1995 | Remodeled
Lot Details
- 109 Acre Lot
- Home fronts a pond
- Property is Fully Fenced
- Landscaped
- Suitable For Grazing
- Front and Back Yard Sprinklers
- Irrigation
- Meadow
- Partially Wooded Lot
- Many Trees
Parking
- 2 Car Attached Garage
- Gravel Driveway
Home Design
- Mountain Contemporary Architecture
- Frame Construction
- Metal Roof
Interior Spaces
- 2,174 Sq Ft Home
- 1-Story Property
- Central Vacuum
- Ceiling Fan
- Double Pane Windows
- Great Room with Fireplace
- Carbon Monoxide Detectors
Kitchen
- Self-Cleaning Oven
- Microwave
- Dishwasher
- Quartz Countertops
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Balcony
- Deck
- Wrap Around Porch
- Patio
- Exterior Lighting
- Playground
- Rain Gutters
Schools
- Paonia Elementary And Middle School
- Paonia High School
Farming
- Hay
Horse Facilities and Amenities
- Corral
- Paddocks
- Tack Room
Utilities
- Forced Air Heating and Cooling System
- 220 Volts
- 110 Volts
- Propane
- Natural Gas Connected
- Water Rights
- Private Water Source
- Agricultural Well Water Source
- Well
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
- Elk Creek Ranch Subdivision
- Property is near a preserve or public land
Listing and Financial Details
- Exclusions: Sellers Personal Property, Desk in the office and all recording studio equipment
- Property held in a trust
- Assessor Parcel Number R009641
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 18, 2022
Closed on
Sep 29, 2023
Sold by
Rising Sun Investments Llc
Bought by
Elk Vista Ranch Llc
Seller's Agent
Michael Newton
RE/MAX Northwest Inc
Buyer's Agent
Charlotte Martin
HomeSmart Realty Partners
List Price
$1,975,000
Sold Price
$1,925,000
Premium/Discount to List
-$50,000
-2.53%
Views
295
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$759,994
Avg. Annual Appreciation
-22.91%
Purchase Details
Closed on
Sep 15, 2011
Sold by
Dean Family Trust Of 2000
Bought by
Rising Sun Investments Llc
Purchase Details
Closed on
Mar 24, 2003
Sold by
Terry Wilbur Lee
Bought by
Rising Sun Investments Llc and Dean Family Trust Of 2000
Purchase Details
Closed on
Aug 14, 1992
Sold by
Simineo
Bought by
Rising Sun Investments Llc and Capital Sources
Purchase Details
Closed on
Aug 13, 1992
Sold by
Capital Sources
Bought by
Rising Sun Investments Llc and Terry
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Elk Vista Ranch Llc | -- | Land Title | |
| Elk Vista Ranch Llc | $1,925,000 | Land Title | |
| Rising Sun Investments Llc | $960,000 | Land Title Guarantee Company | |
| Rising Sun Investments Llc | $800,000 | -- | |
| Rising Sun Investments Llc | $250,000 | -- | |
| Rising Sun Investments Llc | $115,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Rising Sun Investments Llc | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/29/2023 09/29/23 | Sold | $1,925,000 | -2.5% | $885 / Sq Ft |
| 06/18/2023 06/18/23 | For Sale | $1,975,000 | 0.0% | $908 / Sq Ft |
| 06/17/2023 06/17/23 | Pending | -- | -- | -- |
| 05/23/2023 05/23/23 | Price Changed | $1,975,000 | -8.1% | $908 / Sq Ft |
| 01/04/2023 01/04/23 | Price Changed | $2,150,000 | -9.5% | $989 / Sq Ft |
| 08/18/2022 08/18/22 | For Sale | $2,375,000 | -- | $1,092 / Sq Ft |
Source: REcolorado®
Tax History Compared to Growth
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 | $4,129 | $63,485 | $340 | $63,145 |
| 2023 | $4,129 | $63,485 | $340 | $63,145 |
| 2022 | $2,978 | $46,517 | $335 | $46,182 |
| 2021 | $3,105 | $49,733 | $368 | $49,365 |
| 2020 | $3,241 | $51,093 | $357 | $50,736 |
| 2019 | $3,188 | $51,093 | $357 | $50,736 |
| 2018 | $2,819 | $43,006 | $338 | $42,668 |
| 2017 | $2,497 | $43,006 | $338 | $42,668 |
| 2016 | $2,526 | $45,311 | $309 | $45,002 |
| 2014 | -- | $49,745 | $279 | $49,466 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Newton
-
P
Seller Co-Listing Agent in 2023
Pete Bellande
Compass - Denver
-
C
Buyer's Agent in 2023
Charlotte Martin
HomeSmart Realty Partners
Map
Source: REcolorado®
MLS Number: 3254993
APN: R009641
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