NOT LISTED FOR SALE

Estimated Value: $763,053

8.35 Acres
$91,384 Price per Acre
363,726 Sq Ft Lot

Last Sold March 07, 2022

Last sale price $1,057,000 $527 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $4,413/month

13 Days on Market

Highlights

  • 8.35 Acre Lot
  • 8 Irrigated Acres
  • Partially Fenced Property
  • Mountain View

About This Lot

As of March 2022

Whitewater Hill Vineyards and Winery This property located just outside of Palisade, Colorado is in the center of Colorado's wine country. In fact, the Colorado State University research vineyard is less than half a mile away. Whitewater Hill is a well-established vineyard and winery business with strong sales and a proven marketing platform. Since its inception in 1999, the ownership has created 6.6 acres of productive vineyards with 6 different varietals grown on site: Aromelia, Cabernet Franc, Merlot, Muscat Blanc, St. Vincent, and Syrah. From the six varietals, the winery produces a total of 19 wines ranging from crisp, dry reds, to fruity, balanced whites. The winery has significant tasting room and merchandise traffic, with multiple vendors and a large following with their wine club as well. Financials are good.Whitewater Hill Vineyards and Winery is located on 8.35 acres, the winery building totals 3,136 total square feet, which includes an outdoor tasting area, indoor tasting area, merchandise and storefront area, two restrooms, a large office area, and the majority of the building being allocated to winery equipment, barrels, and holding tanks. There is no home on the property, but a homesite could easily be established and a water tap purchased from the local water company.

Last Agent to Sell the Property

Jake Hubbell

United Country Colorado Brokers, Inc. Listed on: 11/11/2021

United Country Colorado Brokers, Inc.

Co-Listed By

Gary Hubbell, ALC

United Country Colorado Brokers, Inc.

Last Buyer's Agent

Delta NON MEMBER

NON-MEMBER/FSBO Delta

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,603

Lot Details

  • 8.35 Acre Lot
  • Partially Fenced Property
  • Barbed Wire
  • Chain Link Fence
  • Sloped Lot
  • Property is zoned Agriculture

Property Views

  • Mountain
  • Valley

Utilities

  • Irrigation Water Rights
  • Septic System
  • Internet Available

Additional Features

  • Drip Irrigation
  • 8 Irrigated Acres

Listing and Financial Details

  • Security Deposit $45,000
  • Assessor Parcel Number 294326309002

Property Details

Property Type

Land

Est. Annual Taxes

$3,603

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Title Company
  • Legal Lot Block: LOT 2 ED-SHEILA-CHRIS MINOR SUB SEC 26 1S 1E IN 8.35AC - to be verified by buyer
  • Lot Size Acreage: 5-10 Acres
  • Parcel Id Number: 294326309002
  • Street Descriptionaccess: County, Paved
  • Street Designation: Road
  • Zoning: Agriculture
  • Domestic Sewer: Septic Installed
  • Domestic Water: Tap Installed
  • Type: Agricultural
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Irrigation Acres: 8.35
  • Estimated Total Acres: 8.35
  • Current Property Use: Vineyard
  • Em Deposit: 45000
  • Possible Property Use: Hay Pasture/Prod., Irrigated Farmland, Orchard
  • Water Rights Irrigation: Yes
  • Income Producing: Yes
  • Irrigation Systemrights: Concrete Ditch, Drip System
  • Irr Water Descamnt: 8.35
  • Mineral Rights: Unknown
  • Topography: Sloped
  • Price per Sq Ft: 3.44
  • Sold Priceacre: 126586.83
  • Water Tap Available: Yes
  • Water Tap Installed: Yes
  • Total Taxes Dollar: 3603.06
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Fence: Chain Link, Barbed Wire, Partial Property
  • Views: Mountains, Valley

Utilities

  • Utilities: Electricity, Natural Gas, Internet, Phone - Cell Reception
  • Water Tap Paid: Yes
  • Irrigation Water District: Orchard Mesa

Schools

  • High School: Open Enrollment

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2021

MLS Schools

  • Elementary School: Open Enrollment
  • Middle School: Open Enrollment

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Mar 7, 2022
Sold by
Behrs John R
Bought by
Onbelay Vineyards Llc
Seller's Agent
Jake Hubbell
United Country Colorado Brokers, Inc.
Buyer's Agent
Delta NON MEMBER
NON-MEMBER/FSBO Delta
List Price
$1,250,000
Sold Price
$1,057,000
Premium/Discount to List
-$193,000
-15.44%
Current Estimated Value
$763,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$293,947
Avg. Annual Appreciation
-8.22%

Purchase Details

Closed on
Oct 15, 1999
Sold by
Jones Edward L
Bought by
Behrs John R and Janes Nancy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Onbelay Vineyards Llc $700,000 New Title Company Name
Behrs John R $96,500 Western Colorado Title Compa
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2022 03/07/22 Sold $1,057,000 -15.4% $527 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $1,250,000 -- $624 / 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 $4,835 $56,610 $8,150 $48,460
2023 $4,835 $56,610 $8,150 $48,460
2022 $3,876 $42,680 $6,000 $36,680
2021 $3,739 $42,930 $6,250 $36,680
2020 $3,902 $47,270 $4,990 $42,280
2019 $3,697 $47,270 $4,990 $42,280
2018 $3,329 $38,260 $5,000 $33,260
2017 $3,160 $38,260 $5,000 $33,260
2016 $3,160 $45,180 $3,620 $41,560
2015 $3,175 $45,180 $3,620 $41,560
2014 $4,402 $66,590 $2,330 $64,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 788510

Colorado Real Estate Network (CREN)

APN: 2943-263-09-002