NOT LISTED FOR SALE

12261 Colorado 145 Cortez, CO 81321

576.28 Acres
-- Price per Acre
25,102,760 Sq Ft Lot

Last Sold July 29, 2021

Last sale price $2,457,000

Highlights

  • Corral
  • 576.28 Acre Lot
  • Corner Lot
  • Home fronts a pond
  • Mountain View
  • Pasture

About This Lot

As of July 2021

Quarter Circle E Ranch is located less than one mile north of the town of Cortez, Colorado, in the Montezuma Valley. The ranch is comprised of 576± acres, fronting County Roads 26, M, N, and Highway 145. Mostly irrigated grass and alfalfa with 300 shares of Montezuma Valley Irrigation Company water. 3.6± acres holds a pond that is used to store water for irrigation. The water is piped to the ranch using the gravity fed method and is distributed on the land with a side roll irrigation system. Other improvements to the ranch include corrals, a large hay barn, and the ranch is fully fenced. Quarter Circle E Ranch currently runs 300 pair of cattle. Historically the area has been used for agriculture with irrigated farming and grazing. The ranch does have significant development opportunities that is accented by its proximity to amenities and attractions. Quarter Circle E Ranch currently holds a farming/ranching/grazing lease and an FAA lease, which puts some minimal restrictions on the small part of the ranch acreage. Ranch elevations range around 6,200 feet, and area elevations range from 5,500 to 7,500 feet. Big views of Sleeping Ute Mountain, sandstone mesas, and Montezuma Valley surround the ranch. Cortez is a gateway to Mesa Verde National Park, McPhee Reservoir, Dolores River, and the San Juan National Forest, making for an array of activities and sites to explore.

Last Agent to Sell the Property

Michael Murphy

Murphy Real Estate Listed on: 02/09/2021

Last Buyer's Agent

Michael Murphy

Murphy Real Estate Listed on: 02/09/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,174

Lot Details

  • 576.28 Acre Lot
  • Home fronts a pond
  • Property is Fully Fenced
  • Barbed Wire
  • Corner Lot
  • Level Lot
  • Property is zoned Agriculture

Home Design

  • Ranch Property

Schools

  • Kemper K-5 Elementary School
  • Cortez 6-8 Middle School
  • Montezuma-Cortez 9-12 High School

Farming

  • Hay Barn
  • 565 Irrigated Acres
  • Hay
  • Pasture
  • Cattle
  • Livestock

Utilities

  • Irrigation Water Rights
  • Internet Available

Additional Features

  • Mountain Views
  • Corral

Listing and Financial Details

  • Security Deposit $20,000
  • Assessor Parcel Number 561112100004

Property Details

Property Type

Land

Est. Annual Taxes

$3,174

Lot Details

0

Listing Details

  • Class: Farmranch
  • Em Holder: title Company
  • Legal Lot Block: Quarter: NW/4 Section: 31 Township: 37 Range: 15 S: 31 T: 37 R: 15 TR N1/2NW1/4 3.56AC B611 P876 B632 P326 B720 P456 (P-4-96E)B722 P691 (INCL. 100% MIN INT.MC1183) Quarter: SE/4 Section: 12 Township: 36 Range: 16 S: 12 T: 36 R: 16 TR E1/2SE1/4 5.00A R/48
  • Lot Size Acreage: 200+ Acres
  • Parcel Id Number: 561112100004
  • Property Description: Pastures, Corner
  • Street Descriptionaccess: State Highway, County, Paved
  • Waterfront Type: Pond
  • Zoning: Agriculture
  • Property Type: Agriculture
  • Type: No Residence
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Irrigation Acres: 565
  • Estimated Total Acres: 576.28
  • Current Property Use: Cattle, Ag/Livestock, Hay Production, Pasture, Grazing, Irrigated Farmland
  • Em Deposit: 20,000
  • Possible Property Use: Ag/Livestock, Ag/Row Crops, Cattle, Grazing, Hay Production, Horses, Irrigated Farmland, Pasture
  • Water Rights Irrigation: Yes
  • Adjudicated Yn: Unknown
  • Annual Irrigation Cost: 9429.5
  • Can Be Subdivided: Unknown
  • Improvementsstructures: Hay Barn, Corral
  • Irrigation Systemrights: Deeded Water, Sprinklers/Big Gun
  • Irr Water Descamnt: 300 shares
  • Mineral Rights: Unknown
  • Pasture: Yes
  • Price Acre: 4685.22
  • Topography: Level
  • Total Officedens: 0
  • Views Type: Mountains
  • Internet Service Avail: Yes
  • Total Taxes Dollar: 3173.76
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Fence: Barbed Wire, Full Property

Utilities

  • Irrigation Water District: MVIC

Schools

  • Elementary School: Kemper K-5
  • Middle School: Cortez 6-8
  • High School: Montezuma-Cortez 9-12
  • High School: Montezuma-Cortez 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

MLS Schools

  • Elementary School: Kemper K-5
  • Middle School: Cortez 6-8

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2021 07/29/21 Sold $2,457,000 -9.0% --
03/23/2021 03/23/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $2,700,000 -- --
Source: Colorado Real Estate Network (CREN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 778565

Colorado Real Estate Network (CREN)