NOT LISTED FOR SALE

200 Homestead Rd Gunnison, CO 81230

Estimated Value: $3,091,106 - $3,803,000

3 Beds
4 Baths
5,997 Sq Ft
$594/Sq Ft Est. Value

Last Sold May 26, 2017

Last sale price $1,750,000 $292 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $17,351/month

392 Days on Market

Highlights

  • Accessory Dwelling Unit (ADU)
  • Barn
  • Home fronts a creek
  • Crested Butte Community School Rated A-
  • Indoor Arena
  • 170.7 Acre Lot

About This Home

As of May 2017

The ultimate small Ranch operation complete with enclosed riding arena, roughly 150 acres of productive hay meadow, pasture and water rights. The main home is a comfortable 5,000+ square foot log home built in 1999. Additional structures include a 2 bedroom guest home, three rentals for care takers or added rental income, corrals and hay barn. The property adjoins Tomichi Creek with additional access to 1.5 miles of creek for recreational purposes. Solar panels provide complete electric demand for main house and indoor riding arena.

Last Agent to Sell the Property

Erich Ferchau

RE/MAX Community Brokers Listed on: 03/15/2016

Last Buyer's Agent

Tom Courtney

W. Tom Courtney, Independent Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,613

Year Built

  • Built in 1999

Lot Details

  • 170.7 Acre Lot
  • Home fronts a creek
  • Landscaped

Parking

  • 3 Car Garage

Home Design

  • Log Cabin
  • Ranch Property
  • Metal Roof
  • Log Siding

Interior Spaces

  • 5,997 Sq Ft Home
  • 2-Story Property
  • Mountain Views

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Patio
  • Outdoor Gas Grill

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

  • Gunnison 1-5 Elementary School
  • Gunnison 6-8 Middle School
  • Gunnison 9-12 High School

Farming

  • Barn
  • 130 Irrigated Acres
  • Hay
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral
  • Indoor Arena

Utilities

  • Heating System Uses Propane
  • Irrigation Water Rights
  • Well
  • Propane Water Heater
  • Septic System
  • Internet Available
  • Phone Available

Community Details

  • Property has a Home Owners Association
  • Lost Miner HOA

Listing and Financial Details

  • Security Deposit $100,000
  • Assessor Parcel Number 378900002001

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,613

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Additional Living Quarters: Yes
  • Appliance Inclusions: Refrigerator, Dishwasher, Range/Oven
  • Class: Farmranch
  • Em Holder: RE/MAX Community Brokers
  • Exterior Inclusions: Gas Grill, Landscaped, Patio
  • Horse Setup: Yes
  • Legal Lot Block: Homestead Lot Lost Miner Ranch Subd according to the Corrected RePlat of Homestead Lot & HQ Lot (Boundary Line Adjust). Approx 170.7 Acres #625758
  • Parcel Id Number: 378900002001
  • Price Per Sq Ft: 291.81
  • Residence Stories: Two Story
  • Residence Style: Log
  • Siding: Log
  • Sold Price Sq Ft: 291.81
  • Street Descriptionaccess: County
  • Street Designation: Road
  • Tax Account Id: R071363
  • Waterfront Type: Creek
  • Domestic Sewer: Septic
  • Property Type: Residential/Single Family
  • Type: With Residence
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 4
  • Estimated Irrigation Acres: 130
  • Estimated Total Acres: 170.7
  • Estimated Total Sq Ft: 5997
  • Current Property Use: Horses, Hay Production, Pasture, Residential Single Family
  • Em Deposit: 100,000
  • Possible Property Use: Hay Production, Horses, Pasture, Recreation, Residential Single Family
  • Water Rights Irrigation: Yes
  • Adjudicated Yn: Unknown
  • Barn Yn: Yes
  • Can Be Subdivided: Unknown
  • Corral Yn: Yes
  • Garage Yn: Yes
  • HOA Fee Frequency: Annually
  • Improvementsstructures: Barn, Corral, Garage, Guest House, Indoor Arena
  • Irrigation Systemrights: Well, Deeded Water
  • Irr Water Descamnt: unknown
  • Mineral Rights: Unknown
  • Pasture: Yes
  • Press System Yn: Unknown
  • Price Acre: 11687.17
  • Views Type: Mountains
  • Access: Year Round
  • Additional Living Type: Multiple Guest Homes
  • Internet Service: Yes
  • Total Taxes Dollar: 10,613.42
  • Year Built: 1999
  • Prop Description Remarks: The ultimate small Ranch operation complete with enclosed riding arena, roughly 150 acres of productive hay meadow, pasture and water rights. The main home is a comfortable 5,000+ square foot log home built in 1999. Additional structures include a 2 bedroom guest home, three rentals for care takers or added rental income, corrals and hay barn. The property adjoins Tomichi Creek with additional access to 1.5 miles of creek for recreational purposes. Solar panels provide complete electric demand for main house and indoor riding arena.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1179

Interior Features

  • Bedrooms: 3
  • Flooring: Wood, Tile
  • Full Bathrooms: 0
  • Total Bathrooms: 4

Exterior Features

  • Roof: Metal
  • Waterfront: Yes

Garage/Parking

  • Garage Type: Attached Garage
  • Garage Capacity: 3

Utilities

  • Utilities: Electricity, Phone
  • Electric Supplier: Gunnison County Electric Association
  • Heating System: Infloor Radiant
  • Irrigation Water District: unkown
  • Water Heater: Propane Water Heater
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: unkown

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: $250
  • Hoa Name: Lost Miner

Schools

  • Elementary School: Gunnison 1-5
  • Middle School: Gunnison 6-8
  • High School: Gunnison 9-12
  • High School: Gunnison 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2015

MLS Schools

  • Elementary School: Gunnison 1-5
  • Middle School: Gunnison 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2016
Closed on
May 26, 2017
Sold by
Lost Miner Enterprises
Bought by
Double M Llc
Seller's Agent
Erich Ferchau
RE/MAX Community Brokers
Buyer's Agent
Tom Courtney
W. Tom Courtney, Independent Broker
List Price
$2,399,000
Sold Price
$1,750,000
Premium/Discount to List
-$649,000
-27.05%
Current Estimated Value
$3,022,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,272,002
Avg. Annual Appreciation
-0.44%
Original Mortgage
$1,800,000
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Double M Llc $1,750,000 Abstract Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Double M Llc $1,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2017 05/26/17 Sold $1,750,000 -27.1% $292 / Sq Ft
04/11/2017 04/11/17 Pending -- -- --
03/15/2016 03/15/16 For Sale $2,399,000 -- $400 / 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 $10,614 $203,940 $17,680 $186,260
2023 $10,457 $200,250 $17,680 $182,570
2022 $10,209 $170,610 $17,140 $153,470
2021 $9,562 $182,230 $18,830 $163,400
2020 $9,390 $169,010 $18,010 $151,000
2019 $9,180 $169,010 $18,010 $151,000
2018 $9,876 $177,180 $17,370 $159,810
2017 $10,009 $177,180 $17,370 $159,810
2016 $10,745 $190,940 $16,430 $174,510
2015 $5,648 $190,940 $16,430 $174,510
2014 $5,648 $198,700 $15,310 $183,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 715957

Colorado Real Estate Network (CREN)

APN: R071363