NOT LISTED FOR SALE

121 Grand Ave Paonia, CO 81428

Estimated Value: $74,140

0.06 Acre
$1,235,667 Price per Acre
2,614 Sq Ft Lot

Last Sold May 24, 2024

Last sale price $75,525

Est. 2% decrease in value since last sale

Current estimated payment $488/month

28 Days on Market

About This Lot

As of May 2024

We don’t see many of these: a prime commercial lot in the heart of Paonia’s beautiful Grand Avenue business district! The .06-acre property comes with paid water and sewer taps. C-1 zoning means dwelling units are allowed if secondary to business use.

Last Agent to Sell the Property

Robert Lario

RE/MAX Mountain West, Inc. - Paonia Listed on: 03/11/2024

RE/MAX Mountain West, Inc. - Paonia

Last Buyer's Agent

Tammy Geisler

RE/MAX Mountain West, Inc. - Paonia

RE/MAX Mountain West, Inc. - Paonia

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $879

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 25 x 125
  • Level Lot
  • Cleared Lot
  • Property is zoned Commercial

Utilities

  • Sewer Tap Fee
  • Internet Available

Listing and Financial Details

  • Security Deposit $5,000
  • Assessor Parcel Number 324506132011

Property Details

Property Type

Land

Est. Annual Taxes

$879

Lot Details

0

Listing Details

  • Class: Land
  • Elevation: 5676
  • Em Holder: REMAX Mountain West
  • Fronts: West
  • Legal Lot Block: The north 10 feet of Lot 31 and the south 15 feet of Lot 30; Block 13, Goodenow’s Addition to the Town of Paonia; together with, without warranty, one water tap and one sewer tap from the Town of Paonia
  • Lot Dimension: 25 x 125
  • Lot Size Acreage: 0-.25 Acres
  • Parcel Id Number: 324506132011
  • Property Description: Cleared
  • Street Descriptionaccess: Paved
  • Street Designation: Avenue
  • Tax Account Id: R009052
  • Zoning: Commercial
  • Domestic Sewer: Sewer Tap Paid
  • Domestic Water: Public
  • Type: Commercial
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 0.06
  • Current Property Use: Commercial
  • Em Deposit: 5000
  • Possible Property Use: Commercial
  • Mineral Rights: Unknown
  • Price Acre: 1325000
  • Topography: Level
  • Price per Sq Ft: 30.42
  • Sewer Paid: Yes
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 1258750
  • Water Tap Available: Yes
  • Total Taxes Dollar: 879.36
  • Prop Description Remarks: We don’t see many of these: a prime commercial lot in the heart of Paonia’s beautiful Grand Avenue business district! The .06-acre property comes with paid water and sewer taps. C-1 zoning means dwelling units are allowed if secondary to business use.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Utilities

  • Utilities: Electricity, Natural Gas, Internet
  • Water Tap Paid: Yes
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Water Supplier: Town Of Paonia

Schools

  • Elementary School: Open Enrollment
  • Middle School: Open Enrollment
  • High School: Open Enrollment
  • High School: Open Enrollment

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Open Enrollment
  • Middle School: Open Enrollment

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
May 24, 2024
Sold by
Madison Trust and Schwartz Scott
Bought by
Schneller Tyson C and Schneller Oithip
Seller's Agent
Robert Lario
RE/MAX Mountain West, Inc. - Paonia
Buyer's Agent
Tammy Geisler
RE/MAX Mountain West, Inc. - Paonia
List Price
$79,500
Sold Price
$75,525
Premium/Discount to List
-$3,975
-5%
Total Days on Market
28
Views
21
Current Estimated Value
$74,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,385
Avg. Annual Appreciation
-2.57%
Original Mortgage
$45,000
Outstanding Balance
$37,191
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$36,109

Purchase Details

Closed on
Jan 25, 2024
Sold by
American Esate & Trust
Bought by
Madison Trust and Schwartz

Purchase Details

Closed on
Jun 21, 2017
Sold by
Schlein Martin I and Ellison Susan J
Bought by
American Estate & Trust and Michelle M Champagne Roth Ira

Purchase Details

Closed on
Feb 21, 2006
Sold by
Gannon Daniel R and Gannon Jacquelyn Adell
Bought by
Schlein Martin I and Ellison Susan J
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 Buyer Sale Price Title Company
Schneller Tyson C $75,525 First National Title
Madison Trust -- None Listed On Document
American Estate & Trust $44,900 Heritage Title
Schlein Martin I $45,000 Fahtco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schneller Tyson C $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $75,525 -5.0% --
04/08/2024 04/08/24 Pending -- -- --
03/11/2024 03/11/24 For Sale $79,500 -- --
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 $919 $12,527 $12,527 --
2023 $919 $12,527 $12,527 $0
2022 $818 $11,310 $11,310 $0
2021 $800 $11,310 $11,310 $0
2020 $811 $11,310 $11,310 $0
2019 $799 $11,310 $11,310 $0
2018 $602 $8,156 $8,156 $0
2017 $541 $8,156 $8,156 $0
2016 $522 $8,156 $8,156 $0
2014 -- $7,917 $7,917 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 811496

Colorado Real Estate Network (CREN)

APN: R009052