NOT LISTED FOR SALE

2002 Otter Pond Cir Montrose, CO 81401

Estimated Value: $683,000 - $723,000

5 Beds
3 Baths
3,136 Sq Ft
$226/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $430,000 $137 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,001/month

Highlights

  • Deck
  • Ranch Style House
  • 3 Car Attached Garage
  • Valley View
  • Wood Flooring
  • Walk-In Closet

About This Home

As of August 2022

Here's your chance to live in the renowned Otter Pond community! This home has all the space you're looking for with a finished, walk-out basement. It boasts 5 bedrooms, 3 bathrooms and 3 living rooms. There's an attached storage room as well as a large, attached 2-car garage. You'll also find a spacious yard with mature trees and close proximity to shopping, the recreation center, and the community pond. Enjoy that glass of iced sweet tea while sitting on the covered deck or patio and viewing the grand Colorado skies. Schedule a showing today to see the potential of this home.

Last Agent to Sell the Property

Mandy Norris-Snell

Norris-Phillips Real Estate, LLC Listed on: 06/01/2022

Last Buyer's Agent

Amanda Walker

Remax Rise Up

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,086

Year Built

  • Built in 1995

Lot Details

  • 0.61 Acre Lot
  • Landscaped

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Ranch Style House
  • Composition Roof
  • Siding
  • Stick Built Home

Interior Spaces

  • 3,136 Sq Ft Home
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Valley Views
  • Walk-Out Basement
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

  • Cottonwood K-5 Elementary School
  • Columbine 6-8 Middle School
  • Montrose 9-12 High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Internet Available

Community Details

  • Otter Pond HOA

Listing and Financial Details

  • Assessor Parcel Number 399304123012

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,086

Year Built

Built in 1995

Lot Details

0

HOA Fees

$35 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Microwave
  • Estimated Total Acres: 0.61
  • Class: RESIDENTIAL
  • Em Deposit: 4500.00
  • Em Holder: Title Company
  • Exterior Inclusions: Shed/Storage, Landscaping, Patio, Deck
  • Interior Inclusions: Ceiling Fan(s), W/D Hookup, Walk In Closet
  • Legal Lot Block: Subd: OTTER POND SUBD FILING NO 1 Lot: 27 S: 4 T: 48 R: 9
  • List Price per Sq Ft: 148.28
  • Lot Size Acreage: .5 - .99
  • Parcel Id Number: 399304123012
  • Price Per Sq Ft: 137.12
  • Real Estate Included: Yes
  • Residence Style: Ranch Basement
  • Sale/Rent: For Sale
  • Siding: Masonite
  • Sold Price Sq Ft: 137.12
  • Street Descriptionaccess: Paved
  • Street Designation: Circle
  • Tax Account Id: R0012912
  • Type: Stick Built
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Service: Yes
  • Total Taxes Dollar: 2085.72
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Kitchen/Dining
  • Bedrooms: 5
  • Flooring: Carpet-Partial, Hardwood, Laminate
  • Estimated Total Sq Ft: 3136
  • Full Bathrooms: 3
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 3
  • Foundation: Basement-walk out
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Construction Type: Wood Frame
  • Roof: Composition
  • Views: Valley

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 3

Utilities

  • Cooling: Central A/C
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Heating System: Forced Air
  • Sewer Supplier: City of Montrose
  • Water Supplier: City of Montrose

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 425
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: Otter Pond

Schools

  • High School: Montrose 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

MLS Schools

  • Elementary School: Cottonwood K-5
  • Middle School: Columbine 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Aug 12, 2022
Sold by
Follman Rhonda K
Bought by
Walker Austin and Hartman Kari
Seller's Agent
Mandy Norris-Snell
Norris-Phillips Real Estate, LLC
Buyer's Agent
Amanda Walker
Remax Rise Up
List Price
$499,900
Sold Price
$430,000
Premium/Discount to List
-$69,900
-13.98%
Current Estimated Value
$707,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,262
Avg. Annual Appreciation
16.77%

Purchase Details

Closed on
Sep 28, 2020
Sold by
Follman Martin Trust
Bought by
Follman Rhonda K and Martin Todd T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2018
Sold by
Freed Dennis
Bought by
Follman Martin Trust

Purchase Details

Closed on
Jan 8, 2004
Sold by
Ruland Family Trust
Bought by
Ruland Rose M and Mcconnell Robert L

Purchase Details

Closed on
Jul 20, 1999
Sold by
Ruland Al O and Ruland Rose M
Bought by
Ruland Family Trust

Purchase Details

Closed on
Jul 2, 1998
Sold by
Klene Stephen R and Klene Kimberly S
Bought by
Ruland Al O and Ruland Rose M

Purchase Details

Closed on
Apr 28, 1995
Sold by
Otter Pond Llc
Bought by
Klene Stephen R and Klene Kimberly S
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
Walker Austin $430,000 None Listed On Document
Follman Rhonda K -- Land Title Guarantee Co
Follman Martin Trust $265,000 None Available
Ruland Rose M -- --
Ruland Family Trust -- --
Ruland Al O $159,900 --
Klene Stephen R $34,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Follman Rhonda K $277,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2022 08/12/22 Sold $430,000 -7.5% $137 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
07/13/2022 07/13/22 Price Changed $465,000 -4.1% $148 / Sq Ft
07/05/2022 07/05/22 Price Changed $484,900 -3.0% $155 / Sq Ft
06/20/2022 06/20/22 For Sale $499,900 0.0% $159 / Sq Ft
06/05/2022 06/05/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $499,900 -- $159 / 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 $2,942 $37,390 $5,980 $31,410
2023 $2,942 $42,610 $6,810 $35,800
2022 $2,025 $29,010 $4,520 $24,490
2021 $2,086 $29,850 $4,650 $25,200
2020 $1,614 $23,740 $4,030 $19,710
2019 $1,624 $23,740 $4,030 $19,710
2018 $1,364 $19,430 $3,380 $16,050
2017 $852 $19,430 $3,380 $16,050
2016 $807 $19,730 $3,410 $16,320
2015 $1,328 $19,730 $3,410 $16,320
2014 $1,236 $19,620 $3,410 $16,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 794186

Colorado Real Estate Network (CREN)

APN: R0012912