NOT LISTED FOR SALE

2132 Odelle Rd Montrose, CO 81401

Estimated Value: $229,000 - $423,000

1.75 Acres
$174,667 Price per Acre
76,230 Sq Ft Lot

Last Sold June 10, 2021

Last sale price $204,000

Est. 50% increase in value since last sale

Current estimated payment $1,826/month

About This Lot

As of June 2021

This is a perfect opportunity for a 'hold then build' type investor, or a builder that's ready to do a multifamily project that starts slow and builds as the units sell. Most local multi-family parcels are much larger-this is a more reasonable size. City of Montrose has given a verbal ok to 17 or 18 units-making the price per door of only 15k! The price has been lowered now substantially and it has become attractive to buyers as a single family homesite--1.75 acres in town with irrigation water--great views. Call agent for more information and to walk the property.

Last Agent to Sell the Property

Todd Schroedel

United Country Sneffels Realty License #ER40026092 Listed on: 04/09/2021

United Country Sneffels Realty

Last Buyer's Agent

Non MLS Member

Non MLS Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $972

Lot Details

  • 1.75

Additional Features

  • 1.75 Acre Lot
  • Water Tap Fee Is Paid

Property Details

Property Type

Land

Est. Annual Taxes

$972

Lot Details

0

Listing Details

  • Directions: South on Townsend to Odelle.(Corner with Denny's, City Market and McDonalds). Go east on Odelle until you hit the Bridges at Black Canyon. Property is on your right
  • Listing Member Name: Todd R Schroedel
  • Listing Office Short Id: UCSR
  • Major Area: None
  • Estimated Number of Acres: 1.75
  • Prop. Type: Lots and Land
  • Selling Member Short Id: nonmem1
  • Selling Office Short Id: Nonmem
  • Access Roads: City
  • Deed Restrict: None
  • Legal Info Block: Aquarius Estates
  • FILLSUBDIVISION: None
  • Property Sub Type: Multi-Family
  • Special Features: None

Interior Features

  • Disability Access: City, Gravel
  • Vegetation Density: To Be Determined

Exterior Features

  • Disclosures: None
  • Trees: None

Utilities

  • Electricity: Yes
  • Water Supply: Tap Fee Paid

Fee Information

  • Taxes: 971.76

Lot Info

  • List Price Per Acre: 117142.86
  • LotDimensionsLotDimensions: 1
  • Zoning: Residential

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
Jun 10, 2021
Sold by
Odelle Holdings Llc
Bought by
Hendrix Gary L and Hendrix Dorothy E
Seller's Agent
Todd Schroedel
United Country Sneffels Realty
Buyer's Agent
Non MLS Member
Non MLS Member
Sold Price
$204,000
Current Estimated Value
$305,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,667
Avg. Annual Appreciation
9.67%

Purchase Details

Closed on
Aug 4, 2005
Sold by
Christ For The Rockies
Bought by
Odelle Holdings Llc

Purchase Details

Closed on
Jan 30, 2002
Sold by
Evans L Gayle
Bought by
Christ For The Rockies

Purchase Details

Closed on
Jun 28, 1993
Sold by
Hampton L Gayle
Bought by
Evans Gayle L
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
Hendrix Gary L $204,000 Fidelity National Title
Odelle Holdings Llc -- Security Title
Odelle Holdings Llc $150,000 Security Title
Christ For The Rockies $58,900 --
Evans Gayle L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2021 06/10/21 Sold $204,000 0.0% --
06/10/2021 06/10/21 Sold $204,000 -0.5% -- View Prior Sale
04/09/2021 04/09/21 Pending -- -- --
04/09/2021 04/09/21 Pending -- -- --
11/20/2020 11/20/20 For Sale $205,000 -- --
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 $2,614 $36,270 $36,270 $0
2023 $2,614 $37,700 $37,700 $0
2022 $1,773 $25,400 $25,400 $0
2021 $1,775 $25,400 $25,400 $0
2020 $1,615 $23,750 $23,750 $0
2019 $1,625 $23,750 $23,750 $0
2018 $1,191 $16,970 $16,970 $0
2017 $1,182 $16,970 $16,970 $0
2016 $1,057 $15,430 $15,430 $0
2015 $1,039 $15,430 $15,430 $0
2014 $972 $15,430 $15,430 $0
Source: Public Records

Agents Affiliated with this Home

  • Todd Schroedel

    Seller's Agent in 2021

    Todd Schroedel

    United Country Sneffels Realty

    (970) 318-2160

    258 Total Sales

    Todd Schroedel
    Section Image

  • N

    Buyer's Agent in 2021

    Non MLS Member

    Non MLS Member

  • Vicki Jones

    Buyer's Agent in 2021

    Vicki Jones

    RE/MAX

    (970) 209-3018

    101 Total Sales

    Vicki Jones
    Section Image
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Map

Source: Telluride Association of REALTORS®

MLS Number: 31266

Telluride Association of REALTORS®

APN: R0004751

Colorado Montrose County Montrose 81401

2132 Odelle Rd, Montrose, CO

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