NOT LISTED FOR SALE

22035 P77 Rd Cimarron, CO 81220

Estimated Value: $791,000 - $4,113,000

402 Acres
$5,571 Price per Acre
17,511,120 Sq Ft Lot

Last Sold August 10, 2020

Last sale price $2,500,000 $916 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $12,150/month

Highlights

  • 402 Acre Lot
  • Aspen Trees
  • Garage

About This Lot

As of August 2020

403 Deeded acres of pristine Colorado High Country. Bordered on the East by County Road P77 and situated at the north end of the Cimarron Valley , this unique ranch is nestled among virgin aspen groves and lush mountain meadows. Views to the South of the 13,000 and 14,000 foot San Juan Mountains are unobstructed, dynamic and without a doubt, breathtaking.

Last Agent to Sell the Property

Joseph Burns

Eagle Land Brokerage License #ER40000060 Listed on: 07/11/2020

Last Buyer's Agent

Non MLS Member

Non MLS Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,271

Lot Details

  • 402 Acre Lot
  • Aspen Trees
  • Property is zoned Agricultural

Parking

  • Garage

Home Design

  • Ranch Property

Utilities

  • Well

Property Details

Property Type

Land

Est. Annual Taxes

$3,271

Lot Details

0

Listing Details

  • Directions: From Main and Townsend Montrose: East Hwy 50 approx 29 miles to Big Cimarron Road. Big Cimarron south approx 8 miles to County Road P77. County Road P77 North approx .75 miles to overhead on left.
  • Listing Member Name: Joseph C Burns
  • Listing Office Short Id: Lone
  • Major Area: 50
  • Estimated Number of Acres: 402.00
  • Prop. Type: Lots and Land
  • Selling Member Short Id: nonmem1
  • Selling Office Short Id: Nonmem
  • Access Roads: County
  • Deed Restrict: None
  • FILLSUBDIVISION: None
  • Property Sub Type: Ranch
  • Special Features: None

Interior Features

  • Disability Access: County
  • Vegetation Density: To Be Determined

Exterior Features

  • Disclosures: None
  • MiscStructures: Garage
  • Surface Water: Seasonal
  • Trees: Aspen and Spruce

Utilities

  • Electricity: Yes
  • Utilities: Electricity
  • Water Supply: Well In

Fee Information

  • Taxes: 3270.96

Lot Info

  • List Price Per Acre: 7450.25
  • Zoning: Agricultural

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2020
Closed on
Aug 10, 2020
Sold by
El Cerro Pelon Llc
Bought by
Cimarron Veo Creek Ranch Llc
Seller's Agent
Joseph Burns
Eagle Land Brokerage
Buyer's Agent
Non MLS Member
Non MLS Member
Sold Price
$2,500,000
Current Estimated Value
$2,239,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$260,580
Avg. Annual Appreciation
-2.01%

Purchase Details

Listed on
May 25, 2013
Closed on
Jan 21, 2014
Sold by
Frede Norman
Bought by
El Cerro Pelon Llc
Seller's Agent
Joseph Burns
Eagle Land Brokerage
Buyer's Agent
Joseph Burns
Eagle Land Brokerage
List Price
$2,200,000
Sold Price
$2,000,000
Premium/Discount to List
-$200,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.46%

Purchase Details

Closed on
Aug 12, 1994
Sold by
Kirk Margaret M
Bought by
Frede Norman
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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Purchase History

Date Buyer Sale Price Title Company
Cimarron Veo Creek Ranch Llc $2,500,000 Fidelity National Title
Cimarron Veo Creek Ranch Llc $2,500,000 Fidelity National Title
El Cerro Pelon Llc -- None Available
El Cerro Felon Llc $2,000,000 Fntc
Frede Norman $450,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2020 08/10/20 Sold $2,500,000 0.0% $916 / Sq Ft
08/10/2020 08/10/20 Sold $2,500,000 -16.5% $916 / Sq Ft View Prior Sale
07/11/2020 07/11/20 Pending -- -- --
07/11/2020 07/11/20 Pending -- -- --
12/23/2019 12/23/19 For Sale $2,995,000 +49.8% $1,098 / Sq Ft
01/21/2014 01/21/14 Sold $2,000,000 -9.1% $733 / Sq Ft View Prior Sale
01/04/2014 01/04/14 Pending -- -- --
05/25/2013 05/25/13 For Sale $2,200,000 -- $806 / 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 $5,276 $80,760 $8,750 $72,010
2023 $5,276 $86,500 $9,200 $77,300
2022 $3,415 $54,390 $7,950 $46,440
2021 $3,575 $56,750 $8,500 $48,250
2020 $3,410 $55,380 $7,710 $47,670
2019 $3,437 $55,380 $7,710 $47,670
2018 $3,271 $51,330 $6,920 $44,410
2017 $2,770 $50,680 $6,920 $43,760
2016 $2,053 $38,360 $6,310 $32,050
2015 $1,978 $38,360 $6,310 $32,050
2014 $1,600 $33,510 $5,570 $27,940
Source: Public Records

Agents Affiliated with this Home

  • Joseph Burns

    Seller's Agent in 2020

    Joseph Burns

    Eagle Land Brokerage

    (970) 209-4400

    99 Total Sales

    Joseph Burns
    Section Image
  • Reese Lovell

    Seller Co-Listing Agent in 2020

    Reese Lovell

    Reese Lovell, Independent Broker

    (479) 209-0060

    37 Total Sales

    Reese Lovell
    Section Image

  • N

    Buyer's Agent in 2020

    Non MLS Member

    Non MLS Member

  • Bryan Walchle

    Buyer's Agent in 2020

    Bryan Walchle

    Eagle Land Brokerage

    (970) 209-7500

    70 Total Sales

    Bryan Walchle
    Section Image
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Map

Source: Telluride Association of REALTORS®

MLS Number: 37781

Telluride Association of REALTORS®

APN: R0002445

Colorado Montrose County Cimarron 81220

22035 P77 Rd, Cimarron, CO

Not Listed for Sale

Lots

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