NOT LISTED FOR SALE

20490 Highway 550 Montrose, CO 81403

Estimated Value: $546,000 - $733,000

2 Beds
2.5 Baths
1,893 Sq Ft
$339/Sq Ft Est. Value

Last Sold July 09, 2015

Last sale price $198,000 $105 Per Sq Ft

Est. 224% increase in value since last sale

Current estimated payment $3,604/month

Highlights

  • Guest House
  • Corral
  • Detached Garage

About This Home

As of July 2015

You'll love the 'Oasis', located just six miles south of Montrose, and close to the towns of Ridgway, Ouray and Telluride. There are over three acres ofirrigated property that are fully fenced and crossed fenced. Roughly half the property is carefully laid out for a garden area and one of the area's bestknown orchards. Trees include not only apples, apricots and cherries, but even pears, peaches and walnuts are harvested here. The remainder is thehome site as well as a quite large, level back area that is ready for your building project or additional irrigated ground. The main house is all on one level and has a great, historic ranch house feel. The master bedroom and baths were added in recent years, and this walks out to a patio area on the shady side of the home.

Last Agent to Sell the Property

Todd Schroedel

United Country Sneffels Realty License #ER40026092 Listed on: 05/15/2015

United Country Sneffels Realty

Last Buyer's Agent

Non MLS Member

Non MLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,517

Year Built

  • Built in 1941

Lot Details

  • 3.26

Parking

  • Detached Garage

Home Design

  • Metal Roof

Interior Spaces

  • 1,893 Sq Ft Home
  • Partially Furnished
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • 3.26 Acre Lot
  • Guest House
  • Corral

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,517

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Directions: South from Montrose on 550. Home is on left side--east--beyond Trout Road. Just south and across highway from Ray's Jerky.
  • Listing Member Name: Todd R Schroedel
  • Listing Office Short Id: UCSR
  • Major Area: None
  • Estimated Number of Acres: 3.26
  • Open House Office I D: 20081028201313619588000000
  • Prop. Type: Residential
  • Selling Member Short Id: nonmem1
  • Selling Office Short Id: Nonmem
  • Home Age: 40+ Years
  • Deed Restrict: None
  • FILLSUBDIVISION: None
  • Property Sub Type: 35 Acres and Below
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Appliances: Gas Oven/Range, Refrigerator
  • EstFinishedSqFt: 1893.00
  • Lower Floor 1 Half Bathrooms: 1
  • Source Sq Ft: Assessor
  • Disability Access: Paved
  • Lower Floor 1 Bedrooms: 2
  • Furnished: Partial

Exterior Features

  • Disclosures: Other See Addendum
  • Roof: Metal
  • Water Extras: Corral, Detached Garage, Guest House

Garage/Parking

  • Covered Parking: 2 Car
  • Parking: 2 Car

Utilities

  • Electric: Power Company
  • Gas Company: Natural
  • Hot Water: Other

Fee Information

  • Taxes: 1517.10

Lot Info

  • Zoning: Residential
  • Lofts: None

Tax Info

  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2022
Sold by
Woods Larel R
Bought by
Krueger Albert R and Krueger Mary K
Current Estimated Value
$641,923

Purchase Details

Closed on
Aug 9, 2021
Sold by
Lightfoot Cody and Lightfoot Amber
Bought by
Lightfoot Cody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,500
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2017
Sold by
Lightfoot Richard Tanner and Lightfoot Rebecca
Bought by
Lightfoot Cody and Lightfoot Amber

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 15, 2015
Closed on
Jul 9, 2015
Sold by
Passmore Lisa
Bought by
Lightfoot Richard Tanner and Lightfoot Rebecca A Baude
Seller's Agent
Todd Schroedel
United Country Sneffels Realty
Buyer's Agent
Non MLS Member
Non MLS Member
Sold Price
$198,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.17%
Original Mortgage
$178,200
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2011
Sold by
Passmore Lindsey D
Bought by
Maria Alessi

Purchase Details

Closed on
Jul 20, 2004
Sold by
Greve Jacalyn M Camp and Greve Guillaume
Bought by
Passmore Larry and Passmore Lisa

Purchase Details

Closed on
Sep 7, 1999
Sold by
Hasler John J and Hasler Lucille A
Bought by
Greve Jacalyn M Camp and Greve Guillaume

Purchase Details

Closed on
Jan 22, 1982
Sold by
Spratlin Lois
Bought by
Frenze Henry and Frenze Nelva B

Purchase Details

Closed on
Jan 12, 1982
Sold by
Frenze Henry and Frenze Nelva B
Bought by
Hasler John J and Hasler Lucille A

Purchase Details

Closed on
Jun 12, 1979
Sold by
Spratlin Lois
Bought by
Frence Henry and Frenze Nelva B
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Krueger Albert R $525,000 Land Title
Lightfoot Cody -- None Available
Lightfoot Cody $235,000 None Available
Lightfoot Richard Tanner $198,000 None Available
Maria Alessi -- None Available
Passmore Larry $225,000 --
Greve Jacalyn M Camp $158,000 --
Frenze Henry -- --
Hasler John J $57,500 --
Frence Henry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lightfoot Cody $206,500
Previous Owner Lightfoot Cody $189,000
Previous Owner Lightfoot Richard Tanner $178,200
Previous Owner Passmore Larry $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2015 07/09/15 Sold $198,000 0.0% $105 / Sq Ft
07/09/2015 07/09/15 Sold $198,000 -17.2% $105 / Sq Ft
06/09/2015 06/09/15 Pending -- -- --
05/15/2015 05/15/15 Pending -- -- --
06/29/2009 06/29/09 For Sale $239,000 -- $126 / Sq Ft
Source: Telluride Association of REALTORS®

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 $2,208 $31,010 $9,760 $21,250
2023 $2,208 $35,990 $11,330 $24,660
2022 $1,704 $24,770 $7,580 $17,190
2021 $1,757 $25,480 $7,790 $17,690
2020 $1,467 $21,870 $7,090 $14,780
2019 $1,477 $21,870 $7,090 $14,780
2018 $1,238 $17,880 $5,100 $12,780
2017 $1,228 $17,880 $5,100 $12,780
2016 $1,174 $17,390 $5,130 $12,260
2015 $1,219 $18,380 $5,940 $12,440
2014 $1,115 $17,980 $5,940 $12,040
Source: Public Records

Agents Affiliated with this Home

  • Todd Schroedel

    Seller's Agent in 2015

    Todd Schroedel

    United Country Sneffels Realty

    (970) 318-2160

    268 Total Sales

    Todd Schroedel
    Section Image

  • N

    Buyer's Agent in 2015

    Non MLS Member

    Non MLS Member

  • Judy Smith

    Buyer's Agent in 2015

    Judy Smith

    GRAND JUNCTION AREA REALTOR ASSOC

    (970) 216-6493

    Judy Smith
    Section Image
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Map

Source: Telluride Association of REALTORS®

MLS Number: 30994

Telluride Association of REALTORS®

APN: R0006264

Colorado Montrose County Montrose 81403

20490 Highway 550, Montrose, CO

This home is located at 20490 Highway 550, Montrose, CO 81403 since 15 May 2015 and is currently estimated at $641,923, approximately $339 per square foot. This property was built in 1941. 20490 Highway 550 is a home located in Montrose County with nearby schools including Cottonwood Elementary School, Centennial Middle School, and Montrose High School.

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