NOT LISTED FOR SALE

12582 Road 25 Cortez, CO 81321

Estimated Value: $492,412 - $712,000

29.8 Acres
$19,760 Price per Acre
1,298,088 Sq Ft Lot

Last Sold April 25, 2022

Last sale price $205,000 $38 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $3,221/month

65 Days on Market

Highlights

  • Horses Allowed On Property
  • 29.8 Acre Lot
  • Pasture
  • Home fronts a pond
  • Mountain View

About This Lot

As of April 2022

29.80 ACRES country life with the bonus of being in close proximity to town! Side roll irrigation equipment is in place with the option to lease irrigation shares. A large seasonal pond is a bonus for livestock, and the owner at one time used to stock it with fish. NATURAL GAS is available to this property to heat the home of your dreams. An easement is in place off Road 25 for easy access to the property. Enjoy the sprawling sunsets right over the Ute Mountain when you make this your own! Call today!

Last Agent to Sell the Property

Jessica Likes

Century 21 West Slope Realty Listed on: 01/08/2022

Century 21 West Slope Realty

Last Buyer's Agent

Julie SUCKLA

Altitude Realty

Property Details

Property Type

  • Land

Lot Details

  • 29.8 Acre Lot
  • Home fronts a pond
  • Barbed Wire
  • Corners Of The Lot Have Been Marked

Schools

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

Farming

  • Hay
  • Pasture
  • Cattle
  • Hogs
  • Livestock
  • Sheep or Goats

Additional Features

  • Mountain Views
  • Horses Allowed On Property

Listing and Financial Details

  • Security Deposit $2,000
  • Assessor Parcel Number 563703401001

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: WSR Inc. Trust Account
  • Legal Lot Block: Subdivision: VELOSO SUB Lot: 1 29.80AC B564 P532 R/467495 (100% MIN INT IN 5.19AC(MC1297)
  • Livestock Allowed: Cattle, Horses, Poultry, Sheep, Swine
  • Lot Dimension: 29.80 Acres
  • Lot Size Acreage: 21-35 Acres
  • Parcel Id Number: 563703401001
  • Property Description: Corners Marked, Boundaries Surveyed, Pasture
  • Street Descriptionaccess: County, Easement, Shared Drive
  • Tax Account Id: R018857
  • Waterfront Type: Pond
  • Zoning: Residential Single Family
  • Domestic Sewer: Sewer Tap Available
  • Domestic Water: Tap Available
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 29.8
  • Current Property Use: Cattle, Hay Pasture/Prod., Ag/Livestock, Irrigated Farmland, Pasture(irrigated)
  • Em Deposit: 2000.00
  • Possible Property Use: Residential Single Family, Ag/Row Crops, Aglivestock, Cattle, Grazing(no Irrigation), Hay Pasture/Prod., Hogs, Horses, Irrigated Farmland, Pasture (irrigated)
  • Irrigation Systemrights: Owned
  • Modularmobile Allow: Both
  • Price per Sq Ft: 0.16
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 6879.19
  • Water Tap Available: Yes
  • Total Taxes Dollar: not yet
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Fence: Barbed Wire
  • Views: Mountains

Utilities

  • Utilities: Electricity Near, Natural Gas Near
  • Electric Supplier: Empire Electric Association, Inc
  • Gas Supplier: Atmos Energy
  • Water Supplier: Montezuma Water Company

Schools

  • High School: Montezuma-Cortez 9-12

Tax Info

  • Tax Year: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2021
Closed on
Mar 10, 2021
Sold by
Peterson Agnes M
Bought by
Proffit Jacquelin F
Seller's Agent
Brenda Bates
RE/MAX Mesa Verde Realty
Buyer's Agent
Joyce Bowles
Century 21 West Slope Realty
List Price
$434,000
Sold Price
$400,000
Premium/Discount to List
-$34,000
-7.83%
Current Estimated Value
$588,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,853
Avg. Annual Appreciation
8.48%
Original Mortgage
$320,000
Interest Rate
2.73%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Proffit Jacquelin F $400,000 Colorado Title & Closing Ser
Proffit Jacquelin F $400,000 Colorado Ttl & Closing Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Proffit Jacquelin F $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2022 04/25/22 Sold $205,000 -2.4% $38 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
01/08/2022 01/08/22 For Sale $210,000 -47.5% $39 / Sq Ft
03/10/2021 03/10/21 Sold $400,000 -7.8% $74 / Sq Ft View Prior Sale
01/25/2021 01/25/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $434,000 -- $80 / 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 $1,493 $28,954 $3,734 $25,220
2023 $1,493 $33,331 $4,298 $29,033
2022 $1,167 $24,029 $5,373 $18,656
2021 $1,188 $24,029 $5,373 $18,656
2020 $1,063 $22,276 $5,094 $17,182
2019 $1,061 $22,276 $5,094 $17,182
2018 $1,296 $23,550 $4,610 $18,940
2017 $1,282 $23,550 $4,610 $18,940
2016 $1,186 $22,260 $5,090 $17,170
2015 $753 $324,170 $0 $0
2014 $735 $14,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 789550

Colorado Real Estate Network (CREN)

APN: R007222