NOT LISTED FOR SALE

1521 1st St Paonia, CO 81428

Estimated Value: $133,000 - $192,000

0.2 Acre
$770,725 Price per Acre
8,712 Sq Ft Lot

Last Sold October 12, 2023

Last sale price $145,000

Est. 6% increase in value since last sale

Current estimated payment $914/month

66 Days on Market

About This Lot

As of October 2023

Introducing a remarkable opportunity to build your dream home on a spacious piece of vacant land in the picturesque town of Paonia, Colorado. This oversized lot, equivalent to the size of three town lots, offers an abundance of space and endless possibilities. Located at the edge of town, you'll experience the best of both worlds – the comforts of town living and the tranquility of the countryside, both a short walk or bike ride away. The lot is near a popular walking trail on the south side of town. Nestled within a quiet neighborhood, this property provides an idyllic retreat from the hustle and bustle of city life. The lot is level and nearly all useable. You’ll find established trees including an apricot and mulberry tree, and plenty of room for a large garden. Don't miss out on the opportunity to own this extraordinary piece of land in Paonia, where town living seamlessly blends with the allure of the countryside. Take the first step towards realizing your real estate dreams and make this exceptional piece of land your own.

Last Agent to Sell the Property

Bernadette Stech

Paonia Realty LLC Listed on: 06/06/2023

Last Buyer's Agent

Patti Kaech

Paonia Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $367

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Property Views

  • Mountain Views

Utilities

  • Sewer Tap Fee
  • Phone Available

Listing and Financial Details

  • Security Deposit $5,000
  • Assessor Parcel Number 324505277001

Property Details

Property Type

Land

Est. Annual Taxes

$367

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: title company
  • Legal Lot Block: Lot 1, S. Nicholoff Subdivision, according to the plat recorded July 15, 2022 under Reception No. 740811, together with, without warranty, one (1) Town of Paonia water tap and one (1) Town of Paonia sewer tap.
  • Lot Size Acreage: 0-.25 Acres
  • Parcel Id Number: 324505277001
  • Street Descriptionaccess: City/Town
  • Street Designation: Street
  • Zoning: Residential Single Family
  • Domestic Sewer: Sewer Tap Paid
  • Domestic Water: Tap Paid
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 0.2
  • Current Property Use: Residential Single Family
  • Em Deposit: 5000.00
  • Possible Property Use: Residential Single Family
  • Mineral Rights: Unknown
  • Price Acre: 717821.78
  • Topography: Level
  • Modularmobile Allow: Modular Only
  • Price per Sq Ft: 16.48
  • Sewer Paid: Yes
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 717821.78
  • Water Tap Available: Yes
  • Total Taxes Dollar: 366.96
  • Prop Description Remarks: Introducing a remarkable opportunity to build your dream home on a spacious piece of vacant land in the picturesque town of Paonia, Colorado. This oversized lot, equivalent to the size of three town lots, offers an abundance of space and endless possibilities. Located at the edge of town, you'll experience the best of both worlds – the comforts of town living and the tranquility of the countryside, both a short walk or bike ride away. The lot is near a popular walking trail on the south side of town. Nestled within a quiet neighborhood, this property provides an idyllic retreat from the hustle and bustle of city life. The lot is level and nearly all useable. You’ll find established trees including an apricot and mulberry tree, and plenty of room for a large garden. Don't miss out on the opportunity to own this extraordinary piece of land in Paonia, where town living seamlessly blends with the allure of the countryside. Take the first step towards realizing your real estate dreams and make this exceptional piece of land your own.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains

Utilities

  • Utilities: Electricity Near, Phone Near, Natural Gas Near, Phone - Landline, Phone - Cell Reception
  • Water Tap Paid: Yes
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Water Supplier: Town Of Paonia

Schools

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

Tax Info

  • Tax Year: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
Oct 12, 2023
Sold by
Nelson Janet
Bought by
Shelton Carolyn Z and Shelton James L
Seller's Agent
Bernadette Stech
Paonia Realty LLC
Buyer's Agent
Patti Kaech
Paonia Realty LLC
List Price
$145,000
Sold Price
$145,000
Views
81
Current Estimated Value
$154,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,145
Avg. Annual Appreciation
24.55%
Source: Public Records

Range of Values:

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Average Value
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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
Shelton Carolyn Z $145,000 Land Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Sold $145,000 0.0% --
08/11/2023 08/11/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $145,000 -- --
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 $885 $12,070 $12,070 --
2023 $885 $11,470 $11,470 $0
2022 $805 $5,075 $5,075 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 804307

Colorado Real Estate Network (CREN)

APN: 324505277001