$375,000
SOLD MAR 4, 2025

12512 4050 Rd Paonia, CO 81428

-- Bed
1 Bath
1,270 Sq Ft
20 Acres

Recently Sold

$295 Per Sq Ft

25% Below List Price

140 Days on Market

Highlights

  • Horses Allowed On Property
  • 20 Acre Lot
  • Wood Burning Stove
  • RV or Boat Parking
  • Mountain View
  • Living Room with Fireplace

About This Home

As of March 2025

Bring your tools and roll up your sleeves, here is a great opportunity to gain sweat equity on a home that was once dearly loved and now needs your TLC! The live-edge support beams in the house will catch your attention right away and adding to the charm are in-floor heat in the concrete flooring of the living room and an old iron wood stove as a house centerpiece. The open floor plan leaves several options for building in a couple of bedrooms and designing it to your liking. Sitting nearly at the base of Mt. Lamborn, this 20-acre parcel has a beautiful pasture, 3 shares of Minnesota Canal & Reservoir, a Bone Mesa domestic water tap and a spacious garage with only a single overhead garage door but plenty of room for projects. There is an old pond that's dug out, cattails are there, just add water. Oversized soaker tub in the bathroom, mature trees, metal roof. Mountain and valley views. Great potential in this diamond in the rough, and an opportunity to own your slice of this lovely area!

Last Agent to Sell the Property

Carrie Soto

RE/MAX Mountain West, Inc. - Paonia Listed on: 09/19/2024

RE/MAX Mountain West, Inc. - Paonia

Last Buyer's Agent

Patti Kaech

Paonia Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $317

Year Built

  • Built in 1924

Lot Details

  • 20 Acre Lot
  • Partially Fenced Property
  • Irrigation

Property Views

  • Mountain
  • Valley

Home Design

  • Ranch Style House
  • Metal Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1 Full Bathroom
  • 1,270 Sq Ft Home
  • Wood Burning Stove
  • Great Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Crawl Space
  • Oven or Range

Flooring

  • Radiant Floor
  • Laminate
  • Tile

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • RV or Boat Parking

Farming

  • 3 Irrigated Acres
  • Pasture
  • Cattle
  • Hogs
  • Sheep or Goats

Utilities

  • Heating System Uses Wood
  • Irrigation Water Rights
  • Water Heater
  • Septic Tank
  • Septic System
  • Internet Available

Additional Features

  • Shed
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 324518100003
  • Special Tax Authority

Home Details

Home Type

Single Family

Est. Annual Taxes

$317

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Washer, Dryer
  • Estimated Irrigation Acres: 3
  • Estimated Total Acres: 20
  • Class: RESIDENTIAL
  • Elevation: 5711
  • Em Deposit: 10000
  • Em Holder: RE/MAX Mountain West
  • Exterior Inclusions: Shed/Storage, Irrigation Water
  • Fronts: West
  • Interior Inclusions: Wood Stove, W/D Hookup
  • Legal Lot Block: Situate, lying and being in the County of Delta and State of Colorado described as follows: The South ½ of the Southwest ¼ of the Northeast ¼ of Section 18, Township 14 South, Range 91 West of the 6th P.M., except the West 30 feet, dedicated for use as a county road. Together with, without warranty, three (3) shares Minnesota Canal and Reservoir Company and one (1) share Bone Mesa Domestic Water (to be more accurately described by title commitment)
  • Livestock Allowed: Cattle, Horses, Poultry, Sheep, Swine
  • Lot Size Acreage: 20-35
  • Parcel Id Number: 324518100003
  • Price Per Sq Ft: 295.28
  • Property Description: Pasture
  • Real Estate Included: Yes
  • Realist Id: 3245-181-00-003
  • Residence Stories: One Story
  • Residence Style: Ranch
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Vinyl
  • Sold Price Sq Ft: 295.28
  • Special Assemnt: Yes
  • Street Descriptionaccess: County, Paved
  • Street Designation: Road
  • Tax Account Id: R009591
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Provider: Elevate
  • Internet Service: Yes
  • Total Taxes Dollar: 316.96
  • Year Built: 1924
  • Foreign Owned Y N: No
  • Prop Description Remarks: Bring your tools and roll up your sleeves, here is a great opportunity to gain sweat equity on a home that was once dearly loved and now needs your TLC! The live-edge support beams in the house will catch your attention right away and adding to the charm are in-floor heat in the concrete flooring of the living room and an old iron wood stove as a house centerpiece. The open floor plan leaves several options for building in a couple of bedrooms and designing it to your liking. Sitting nearly at the base of Mt. Lamborn, this 20-acre parcel has a beautiful pasture, 3 shares of Minnesota Canal & Reservoir, a Bone Mesa domestic water tap and a spacious garage with only a single overhead garage door but plenty of room for projects. There is an old pond that's dug out, cattails are there, just add water. Oversized soaker tub in the bathroom, mature trees, metal roof. Mountain and valley views. Great potential in this diamond in the rough, and an opportunity to own your slice of this lovely area!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Dining Room: Living Room Dining
  • Flooring: Tile, Laminate
  • Estimated Total Sq Ft: 1270
  • Bathrooms Description: 1 Full
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Fireplace Location Type: Living Room
  • Foundation: Crawl Space
  • Great Room: Yes
  • Main Level Sq Ft: 1270
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Fence: Partial Property
  • Construction Type: Wood
  • Exterior Structures: Garage, Shed
  • Roof: Metal
  • Views: Mountains, Valley

Garage/Parking

  • Garage Type: Detached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Electric
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Heating System: Floor Radiant, Wood Stove
  • Irrigation Water Description Amount: 3 shares
  • Irrigation Water District: Minnesota Canal & Reservo
  • Sewer Supplier: Septic
  • Water Heater: Electric Water Heater
  • Water Rights Irrigation: Yes
  • Water Supplier: Bone Mesa Domestic Water District

Schools

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

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2024
Closed on
Mar 4, 2025
Sold by
Barger Matthew D and Barger Jennifer E
Bought by
Loeffler Ian A and Spencer Hillari J
Seller's Agent
Carrie Soto
RE/MAX Mountain West, Inc. - Paonia
Buyer's Agent
Patti Kaech
Paonia Realty LLC
List Price
$499,000
Sold Price
$375,000
Premium/Discount to List
-$124,000
-24.85%
Current Estimated Value
$366,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,769
Avg. Annual Appreciation
-6.30%

Purchase Details

Listed on
Sep 19, 2024
Closed on
Feb 28, 2025
Sold by
Anthony Thomas J and Anthony Thomas Joseph
Bought by
Loeffler Ian A and Spencer Hillari J
Seller's Agent
Carrie Soto
RE/MAX Mountain West, Inc. - Paonia
Buyer's Agent
Patti Kaech
Paonia Realty LLC
List Price
$499,000
Sold Price
$375,000
Premium/Discount to List
-$124,000
-24.85%

Purchase Details

Closed on
May 10, 2023
Sold by
Barger Matthew D
Bought by
Barger Jennifer E and Barger Matthew D

Purchase Details

Closed on
Jun 29, 2016
Sold by
Anthony Thomas J
Bought by
Anthony Thomas J and Barger Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 1991
Sold by
French
Bought by
Anthony
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $375,000 Land Title
Personal Reps Deed -- Land Title
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $40,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,500 New Conventional
Previous Owner $111,000 New Conventional
Previous Owner $98,000 New Conventional
Previous Owner $80,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2025 03/04/25 Sold $375,000 -24.8% $295 / Sq Ft
02/06/2025 02/06/25 Pending -- -- --
09/19/2024 09/19/24 For Sale $499,000 -- $393 / Sq Ft
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 $317 $4,874 $2,577 $2,297
2023 $317 $4,874 $2,577 $2,297
2022 $362 $5,656 $2,346 $3,310
2021 $374 $5,985 $2,577 $3,408
2020 $348 $5,487 $2,193 $3,294
2019 $342 $5,487 $2,193 $3,294
2018 $380 $5,803 $2,796 $3,007
2017 $337 $5,803 $2,796 $3,007
2016 $321 $5,758 $2,296 $3,462
2014 -- $4,551 $1,541 $3,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 818120

Colorado Real Estate Network (CREN)

APN: R009591