NOT LISTED FOR SALE

1499 SW Melinda Rd Cedaredge, CO 81413

Estimated Value: $1,016,000 - $1,531,566

5 Beds
6 Baths
3,482 Sq Ft
$390/Sq Ft Est. Value

Last Sold October 25, 2022

Last sale price $1,550,000 $445 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $7,815/month

6 Days on Market

Highlights

  • Lake Front
  • Arena
  • Deck
  • Barn
  • 54 Acre Lot
  • Ranch Style House

About This Home

As of October 2022

Beautifully remodeled western style home on 54 acres with amazing views including a one-of-a-kind spring fed 3.5 acre lake with exceptional fishing!! Wonderful, centrally located, private setting at the end of the road yet only a couple of minutes to downtown Cedaredge. 25 acres are currently in hay production with the possibility of irrigating more. Quality water rights including reservoirs. This peaceful property has it all! Great horse set up, perfect for livestock, horses, 4H projects and recreational activities. Would be perfect for anyone desiring a western lifestyle with easy access to all that western Colorado has to offer. Plus, high speed fiber optic internet service. Many additional possibilities include bed and breakfast, large family or corporate gatherings, agricultural production and equine events. It’s the place to make your western lifestyle dreams come true! Large 5,700 sf home has been tastefully updated. Owners spared no expense on quality construction and fixtures, including hickory wide plank hard wood floors, knotty alder doors and trim, granite counter tops, hammered copper farm sink and range hood – just to list a few! Square footage includes the finished basement that has bedrooms, bathrooms, and a large TV/game room. An expansive 1,000 sf deck overlooking the lake is perfect for entertaining and features southern exposure for enjoying sunshine year around. Large side entrance room for coats and boots plus separate spacious laundry area. 5 bedrooms and 6 bathrooms with primary suite on the main level. Beautiful modern kitchen with large walk-in pantry and wet bar area. Excellent space for entertaining! A wall of large picture windows provides commanding views of the lake and San Juan Mountains in the distance. Unobstructed views of the Grand Mesa to the north. Several good quality out buildings including large detached garage/shop and 6,000 sf multi use barn (machine shop, indoor riding arena, etc.). Livestock working facilities, multiple horse paddocks with sun shades and large outdoor riding arena with sand. There is an additional building site with utilities and plenty of room for additional buildings and/or parking. There are no covenants or restrictions.

Last Agent to Sell the Property

Mark Shaffer

Shaffer Real Estate Company Listed on: 09/26/2022

Last Buyer's Agent

Mark Shaffer

Shaffer Real Estate Company Listed on: 09/26/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,975

Year Built

  • Built in 1973 | Remodeled in 2013

Lot Details

  • 54 Acre Lot
  • Lake Front
  • Vinyl Fence
  • Barbed Wire
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Property is zoned Agriculture

Parking

  • 4 Car Detached Garage

Property Views

  • Lake
  • Mountain
  • Valley

Home Design

  • Ranch Style House
  • Ranch Property

Interior Spaces

  • 3,482 Sq Ft Home
  • Gas Log Fireplace
  • Finished Basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Deck
  • Shed

Schools

  • Cedaredge K-5 Elementary School
  • Cedaredge 6-8 Middle School
  • Cedaredge 9-12 High School

Farming

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

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral
  • Arena

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Hot Water Baseboard Heater
  • Boiler Heating System
  • Irrigation Water Rights
  • Septic System
  • Internet Available

Listing and Financial Details

  • Security Deposit $30,000
  • Assessor Parcel Number 319331200026

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,975

Year Built

Built in 1973 | Remodeled in 2013

Lot Details

0

Listing Details

  • Additional Comments: included 55,000 in machinery
  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Disposal, Exhaust Fan
  • Class: Farmranch
  • Elevation: 6000
  • Em Holder: Title Company
  • Exterior Inclusions: Landscaped, Deck, Lawn Sprinkler System
  • Horse Setup: Yes
  • Legal Lot Block: metes and bounds
  • List Price per Sq Ft: 429.35
  • Lot Size Acreage: 51-100 Acres
  • Parcel Id Number: 319331200026
  • Price Per Sq Ft: 445.15
  • Residence Stories: One Story
  • Residence Style: Ranch W/Basement
  • Sold Price Sq Ft: 445.15
  • Street Descriptionaccess: Private, Shared Drive
  • Street Designation: Road
  • Waterfront Type: Lake/Reservoir
  • Zoning: Agriculture
  • Fireplace Type Location: Gas Logs
  • Domestic Sewer: Septic
  • Domestic Water: Public
  • Property Type: Residential/Single Family, Agriculture
  • Type: With Residence
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 5
  • Estimated Irrigation Acres: 30
  • Estimated Total Acres: 54
  • Estimated Total Sq Ft: 3482
  • Current Property Use: Cattle, Horses, Ag/Livestock, Hay Production, Grazing, Irrigated Farmland
  • Em Deposit: 30000
  • Main Sf: 3482
  • Possible Property Use: Ag/Livestock, Cattle, Grazing, Hay Production, Horses, Irrigated Farmland, Orchard, Vineyard
  • Water Rights Irrigation: Yes
  • Adjudicated Yn: Yes
  • Annual Irrigation Cost: 1000
  • Barn Yn: Yes
  • Basement Sq Ft: 2250
  • Can Be Subdivided: Unknown
  • Corral Yn: Yes
  • Garage Yn: Yes
  • Improvementsstructures: Equipment Shed, Arena, Barn, Garage
  • Irrigation Systemrights: Gated Pipe
  • Irr Water Descamnt: decreed
  • Mineral Rights: Unknown
  • Pasture: Yes
  • Price Acre: 27685.19
  • Topography: Level
  • Total Officedens: 0
  • Views Type: Mountains, Valley, Lake/Pond/Reservoir
  • Internet Provider: Elevate
  • Internet Service: Yes
  • Total Taxes Dollar: 3975
  • Year Built: 1973
  • Year Renovated: 2013
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1177

Interior Features

  • Bedrooms: 5
  • Foundation: Basement
  • Full Bathrooms: 1
  • Total Bathrooms: 6
  • Basement: Finished

Exterior Features

  • Fence: Barbed Wire, Vinyl
  • Waterfront: Yes

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Capacity: 4

Utilities

  • Utilities: Electricity, Internet
  • Cooling: Central A/C
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Propane
  • Heating System: Hot Water Baseboard, Boiler
  • Irrigation Water District: Surface Creek
  • Water Supplier: Town Of Orchard City

Schools

  • Elementary School: Cedaredge K-5
  • Middle School: Cedaredge 6-8
  • High School: Cedaredge 9-12
  • High School: Cedaredge 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

MLS Schools

  • Elementary School: Cedaredge K-5
  • Middle School: Cedaredge 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2022
Closed on
Oct 25, 2022
Sold by
Cooper John W
Bought by
C & R Farms Llc
Seller's Agent
Mark Shaffer
Shaffer Real Estate Company
Buyer's Agent
Mark Shaffer
Shaffer Real Estate Company
List Price
$1,495,000
Sold Price
$1,550,000
Premium/Discount to List
$55,000
3.68%
Views
1
Current Estimated Value
$1,350,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$199,995
Avg. Annual Appreciation
-4.61%
Original Mortgage
$1,550,000
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2011
Sold by
Alpine Bank
Bought by
Cooper John W and Cooper Gena M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,500
Interest Rate
4.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 30, 2008
Sold by
Gibilterra Joseph
Bought by
Garrett Julie A

Purchase Details

Closed on
Jan 3, 2008
Sold by
Laguna Cliffs Ltd
Bought by
Gibilterra Joseph

Purchase Details

Closed on
Sep 28, 2007
Sold by
Gibilterra Joseph
Bought by
Laguna Cliffs Ltd
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
C & R Farms Llc -- --
Cr Farms Llc -- None Listed On Document
Cr Farms Llc $1,550,000 Land Title Guarantee
C & R Farms Llc -- --
Cr Farms Llc -- None Listed On Document
Cr Farms Llc $1,550,000 Land Title Guarantee
Cooper John W $550,000 None Available
Cooper John W $550,000 None Available
Garrett Julie A $1,400,000 None Available
Garrett Julie A $1,400,000 None Available
Gibilterra Joseph -- None Available
Gibilterra Joseph -- None Available
Laguna Cliffs Ltd -- None Available
Laguna Cliffs Ltd -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cr Farms Llc $1,550,000
Previous Owner Cooper John W $357,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2022 10/25/22 Sold $1,550,000 +3.7% $445 / Sq Ft
10/02/2022 10/02/22 Pending -- -- --
09/26/2022 09/26/22 For Sale $1,495,000 -- $429 / 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 $5,071 $82,008 $9,289 $72,719
2023 $5,071 $82,008 $9,289 $72,719
2022 $3,849 $64,067 $8,447 $55,620
2021 $3,975 $67,857 $9,279 $58,578
2020 $3,921 $65,887 $7,877 $58,010
2019 $3,930 $65,887 $7,877 $58,010
2018 $2,803 $45,206 $10,096 $35,110
2017 $2,803 $45,206 $10,096 $35,110
2016 $2,362 $41,848 $8,273 $33,575
2014 -- $29,059 $5,522 $23,537
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 798486

Colorado Real Estate Network (CREN)

APN: R021140