NOT LISTED FOR SALE

12648 Road 25 Cortez, CO 81321

Estimated Value: $177,884 - $195,000

5.57 Acres
$33,566 Price per Acre
242,629 Sq Ft Lot

Last Sold July 09, 2024

Last sale price $190,000

Est. 2% decrease in value since last sale

Current estimated payment $999/month

42 Days on Market

Highlights

  • Barn
  • Home fronts a creek
  • Pasture
  • Horses Allowed On Property
  • Mountain View
  • Shed

About This Lot

As of July 2024

DRINKING WATER, IRRIGATION WATER, AND BARN! Where's your home going to be? Perhaps further from the County Road but closer to the creek running through the property. There are 5.5 acres, slightly rolling with amazing views of the LaPlata Mountains and the Mesa Verde. Domestic water has been paid and installed, electricity near, 3 shares of Montezuma Valley Irrigation water as well as adjudicated water, large pole barn, smaller shed, full fencing, corrals, and only a couple miles from Cortez on a paved County Road. There are no covenants, no HOA. The current driveway off Road 25 is adorned by large shade trees - choose the perfect location and build your home taking full advantage of those views.

Last Agent to Sell the Property

Robin Rice

eXp Realty, LLC Listed on: 04/22/2024

eXp Realty, LLC

Last Buyer's Agent

Jessica Likes

Century 21 West Slope Realty

Century 21 West Slope Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $178

Lot Details

  • 5.57 Acre Lot
  • Home fronts a creek
  • Property is Fully Fenced
  • Level Lot
  • Cleared Lot
  • Property is zoned Agriculture

Property Views

  • Mountain
  • Valley

Schools

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

Farming

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

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral

Utilities

  • Propane
  • Irrigation Water Rights
  • Septic System

Listing and Financial Details

  • Security Deposit $5,000
  • Assessor Parcel Number 561111200035

Community Details

Overview

  • Association fees include irrigation, domestic water

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$178

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: MonDo Title Company
  • Horse Setup: Yes
  • Legal Lot Block: A tr in SW4NW4 in 11-36-16 Beg at a point on the West section line of Section 11, T 36 N, R 16 W, N.M.P.M., whence the West 1/4 corner of said Section 11 bears S 00 degree 15` E a distance of 520.0 feet; thence N 00 degree 15` W 182.0 feet along the Section line to a point; thence E 1411 feet to a point in Hartman Creek; thence S 47 degrees 29` E 291.3` to a point in Hartman Creek; thence N 89 degree 23` W 1624.9 feet to the point of beginning. Except any portion lying in and being used as a County Road.
  • Livestock Allowed: Cattle, Horses, Poultry, Sheep, Swine
  • Lot Dimension: Rectangular
  • Lot Size Acreage: 5-10 Acres
  • Parcel Id Number: 561111200035
  • Property Description: Cleared, Pasture
  • Street Descriptionaccess: County, Paved, 150'+ Frontage
  • Waterfront Type: Creek
  • Zoning: Agriculture, Residential Single Family
  • Domestic Sewer: Septic
  • Domestic Water: Tap Paid, Public, Tap Installed
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Irrigation Acres: 3
  • Estimated Total Acres: 5.57
  • Current Property Use: Ag/Livestock, Pasture(irrigated)
  • Em Deposit: 5000
  • Possible Property Use: Residential Single Family, Aglivestock, Cattle, Hay Pasture/Prod., Hogs, Horses, Irrigated Farmland, Pasture (irrigated), Sheep Ranch
  • Water Rights Irrigation: Yes
  • Irrigation Systemrights: Waste Water, Gated Pipe, Shared Head Gate
  • Irr Water Descamnt: 3 sh + adj
  • Topography: Level, Rolling
  • Modularmobile Allow: Both
  • Outbuildngsstructures: Barn, Misc Sheds, Corral
  • Price per Sq Ft: 0.78
  • Sold Priceacre: 34111.31
  • Water Tap Available: Yes
  • Water Tap Installed: Yes
  • Total Taxes Dollar: 178.04
  • Prop Description Remarks: DRINKING WATER, IRRIGATION WATER, AND BARN! Where's your home going to be? Perhaps further from the County Road but closer to the creek running through the property. There are 5.5 acres, slightly rolling with amazing views of the LaPlata Mountains and the Mesa Verde. Domestic water has been paid and installed, electricity near, 3 shares of Montezuma Valley Irrigation water as well as adjudicated water, large pole barn, smaller shed, full fencing, corrals, and only a couple miles from Cortez on a paved County Road. There are no covenants, no HOA. The current driveway off Road 25 is adorned by large shade trees - choose the perfect location and build your home taking full advantage of those views.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Fence: Full Property
  • Views: Mountains, Valley
  • Waterfront: Yes

Utilities

  • Utilities: Electricity Near, Propane Required
  • Water Tap Paid: Yes
  • Electric Supplier: Empire Electric Association, Inc
  • Gas Supplier: Propane
  • Irrigation Water District: MVI & adj
  • Water Supplier: Montezuma Rural Water Company

Condo/Co-op/Association

  • Hoa Inclusions: Irrigation, Domestic Water

Schools

  • High School: Montezuma-Cortez 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
Jul 9, 2024
Sold by
Gregory Revocable Living Trust and Gregory Thelma J
Bought by
Sheley Investments Llc
Seller's Agent
Robin Rice
eXp Realty, LLC
Buyer's Agent
Jessica Likes
Century 21 West Slope Realty
List Price
$200,000
Sold Price
$190,000
Premium/Discount to List
-$10,000
-5%
Views
37
Current Estimated Value
$186,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,039
Avg. Annual Appreciation
-1.14%
Original Mortgage
$142,500
Outstanding Balance
$140,782
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$46,179

Purchase Details

Closed on
Jul 16, 2013
Sold by
Gregory Thelma J
Bought by
Gregory Thelma J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sheley Investments Llc -- None Listed On Document
Sheley Investments Llc $190,000 None Listed On Document
Gregory Thelma J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheley Investments Llc $142,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2024 07/09/24 Sold $190,000 0.0% --
06/03/2024 06/03/24 Pending -- -- --
05/24/2024 05/24/24 Price Changed $190,000 -5.0% --
04/22/2024 04/22/24 For Sale $200,000 -- --
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 $195 $3,513 $982 $2,531
2023 $195 $3,513 $982 $2,531
2022 $157 $3,095 $1,145 $1,950
2021 $170 $3,095 $1,145 $1,950
2020 $90 $1,704 $1,162 $542
2019 $90 $1,704 $1,162 $542
2018 $135 $2,450 $1,930 $520
2017 $133 $2,450 $1,930 $520
2016 $109 $2,050 $1,590 $460
2015 $108 $9,370 $0 $0
2014 $88 $1,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 812799

Colorado Real Estate Network (CREN)

APN: R017540