$225,000
SOLD MAY 18, 2022

217 N Highway 50 Business Loop Olathe, CO 81425

3 Beds
2 Baths
1,584 Sq Ft
9,409 Sq Ft Lot

Recently Sold

$142 Per Sq Ft

2% Above List Price

About This Home

As of May 2022

This home is located at 217 N Highway 50 Business Loop, Olathe, CO 81425 and is currently priced at $225,000, approximately $142 per square foot. This property was built in 1950. 217 N Highway 50 Business Loop is a home located in Montrose County with nearby schools including Olathe Elementary School, Olathe Middle and High School, and Olathe Middle School.

Last Agent to Sell the Property

Seth Craft

M4 Ranch Group, LLC Listed on: 04/18/2022

Last Buyer's Agent

Leslie Musselmann

Vision Real Estate Investments

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $881

Year Built

  • Built in 1950

Parking

  • 1 Car Attached Garage

Home Design

  • 1,584 Sq Ft Home
  • Brick Exterior Construction
  • Stick Built Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Olathe K-5 Elementary School
  • Olathe 6-8 Middle School
  • Olathe 9-12 High School

Additional Features

  • 9,409 Sq Ft Lot
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 372310315011

Home Details

Home Type

Single Family

Est. Annual Taxes

$881

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Estimated Total Acres: 0.216
  • Class: RESIDENTIAL
  • Em Deposit: 5000
  • Em Holder: title company
  • Legal Lot Block: Block: 3 Lot: 2 THRU:- Lot: 6 BEG AT #5 REBAR WITH SURVEY CAP STAMPED LS12180 MARKING AT PT ON THE NORTH LI OF SAID BLK 3 FROM WH THE NW COR OF SD LT 5 BRS N 89D43M57S E 3.27 FT TH S 0D16M3S E 89.3FT TO A #5 REBAR WITH SURVEY CAP STAMPED LS121
  • List Price per Sq Ft: 138.89
  • Parcel Id Number: 372310315011
  • Price Per Sq Ft: 142.05
  • Real Estate Included: Yes
  • Realist Id: 3723-103-15-011
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 142.05
  • Street Descriptionaccess: State Highway
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Service Avail: Yes
  • Total Taxes Dollar: 881.20
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Estimated Total Sq Ft: 1584
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Office Den: 0

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 1

Utilities

  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Sewer Supplier: Town of Olathe
  • Water Supplier: Town of Olathe

Schools

  • Elementary School: Olathe K-5
  • Middle School: Olathe 6-8
  • High School: Olathe 9-12
  • High School: Olathe 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

MLS Schools

  • Elementary School: Olathe K-5
  • Middle School: Olathe 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2022
Closed on
May 20, 2022
Sold by
Craft Seth B
Bought by
Davis Tara D and Davis Sean M
Seller's Agent
Seth Craft
M4 Ranch Group, LLC
Buyer's Agent
Leslie Musselmann
Vision Real Estate Investments
List Price
$220,000
Sold Price
$225,000
Premium/Discount to List
$5,000
2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.77%
Original Mortgage
$220,924
Outstanding Balance
$211,656
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$97,022

Purchase Details

Closed on
May 22, 2020
Sold by
Anderson Larry M and Anderson Juliann
Bought by
Craft Seth B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
3.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 1, 2018
Sold by
Anderson Larry Max and Anderson Juliann
Bought by
Brnum Marelen

Purchase Details

Closed on
Oct 25, 1989
Sold by
Underwood Glenn
Bought by
Anderson Larry M and Anderson Juliann

Purchase Details

Closed on
Mar 20, 1989
Sold by
Spectrum Properties Inc
Bought by
Underwood Glenn
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 Type Sale Price Title Company
Special Warranty Deed $225,000 None Listed On Document
Warranty Deed $60,000 None Available
Warranty Deed -- None Available
Deed $28,000 --
Special Warranty Deed $22,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $220,924 FHA
Previous Owner $48,000 Unknown
Closed $8,836 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2025 03/25/25 Price Changed $315,000 -1.6% $199 / Sq Ft
03/11/2025 03/11/25 For Sale $320,000 +42.2% $202 / Sq Ft
05/18/2022 05/18/22 Sold $225,000 +2.3% $142 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $220,000 -- $139 / 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 $1,074 $13,560 $2,730 $10,830
2023 $1,074 $17,890 $3,600 $14,290
2022 $853 $11,580 $2,060 $9,520
2021 $881 $11,910 $2,120 $9,790
2020 $318 $8,750 $1,690 $7,060
2019 $308 $8,750 $1,690 $7,060
2018 $278 $7,630 $1,420 $6,210
2017 $273 $7,630 $1,420 $6,210
2016 $237 $6,700 $1,210 $5,490
2015 $441 $6,700 $1,210 $5,490
2014 $433 $6,980 $1,210 $5,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 792459

Colorado Real Estate Network (CREN)

APN: R0008155