NOT LISTED FOR SALE

2248 5965 Ln Olathe, CO 81425

Estimated Value: $525,000 - $712,000

3 Beds
2 Baths
2,183 Sq Ft
$280/Sq Ft Est. Value

Last Sold July 13, 2022

Last sale price $525,000 $240 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,456/month

Highlights

  • Barn
  • RV or Boat Parking
  • Deck
  • Arena
  • Mountain View
  • Vaulted Ceiling

About This Home

As of July 2022

Have you ever wanted a gentleman's farm and a turn key horse set up, your own place that you could grow a garden or raise your own chickens or cows? This property is complete with a 36' x36' barn, stalls , panels, sheds, and a 150' x 150' arena. There are lights in each barn stall, a birthing stall and automatic waterers. Security Cameras (not in use). Chicken coop and more! There is 3.4 possible irrigated acres with underground irrigation lines and a watering system for garden area. Mini peach orchard started! Every detail has been thought through to make this a smooth operation. Enter through the solar operated entry gate onto 8.73 acres with sweeping views. Gorgeous home in great condition. Split floor plan, tray ceilings, fresh neutral paint scheme. This home offers a huge living room with an additional family room that could be another bedroom or office. Great kitchen with two pantries, stainless steel appliances, granite countertops, and custom cabinetry. Step out to the new back deck and enjoy unobstructed views of the valley, San Juan Mountain range, and the Cimarrons. Property is fenced and cross-fenced. 4-H ready! This is a unique opportunity for any horse lover with no covenants!

Last Agent to Sell the Property

Valerie Meyers

Coldwell Banker Distinctive Properties Listed on: 04/21/2022

Coldwell Banker Distinctive Properties

Last Buyer's Agent

Myles Roberts

WesternColoradoRealty.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,779

Year Built

  • Built in 2004

Lot Details

  • 8.74 Acre Lot
  • Lot Dimensions are 649' x 588'
  • Cross Fenced
  • Property is Fully Fenced
  • Irrigation

Home Design

  • Ranch Style House
  • Metal Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,183 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Vinyl Clad Windows
  • Window Treatments
  • Family Room
  • Formal Dining Room
  • Mountain Views
  • Crawl Space
  • Home Security System
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • RV or Boat Parking

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Shed

Schools

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

Farming

  • Barn
  • 3 Irrigated Acres
  • Cattle
  • Hogs
  • Sheep or Goats

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral
  • Arena

Utilities

  • Forced Air Heating System
  • Geothermal Heating and Cooling
  • Irrigation Water Rights
  • Septic Tank
  • Septic System
  • Internet Available

Community Details

  • Association fees include irrigation

Listing and Financial Details

  • Assessor Parcel Number 349527100026

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,779

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Disposal, Microwave
  • Estimated Irrigation Acres: 3.4
  • Estimated Total Acres: 8.74
  • Class: RESIDENTIAL
  • Elevation: 5308
  • Em Deposit: 10,000
  • Em Holder: Land Title
  • Exterior Inclusions: Shed/Storage, Irrigation Water, Deck, Irrigation Pump
  • Horse Setup: Yes
  • Interior Inclusions: Window Coverings, Ceiling Fan(s), W/D Hookup, Vaulted Ceiling, Granite Counters, Pantry, Security System
  • Legal Lot Block: LOT B, TRACT 4, AS SHOWN ON PLAT OF DESCRIPTION OF COLLINS FARMS RECORDED IN PLAT BOOK 12 AT PAGE 578, BEING SITUATE IN SECTION 27, TOWNSHIP 51 NORTH, RANGE 10 WEST, NEW MEXICO PRINCIPAL MERIDIAN, EXCEPT THAT PORTION OF SUBJECT PROPERTY CONVEYED TO THE CO
  • List Price per Sq Ft: 240.49
  • Livestock Allowed: Cattle, Horses, Poultry, Sheep, Swine
  • Lot Dimension: 649' x 588'
  • Lot Size Acreage: 5-9.99
  • Parcel Id Number: 349527100026
  • Price Per Sq Ft: 240.49
  • Real Estate Included: Yes
  • Realist Id: 3495-271-00-026
  • Residence Stories: One Story
  • Residence Style: Ranch
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Vinyl
  • Sold Price Sq Ft: 240.49
  • Street Descriptionaccess: County, Gravel
  • Street Designation: Lane
  • Tax Account Id: R0011343
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Provider: Mountain Broadband
  • Internet Service: Yes
  • Total Taxes Dollar: 1,779.12
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Dining Room: Separate Dining
  • Dining Room: Yes
  • Bedrooms: 3
  • Flooring: Carpet-Partial, Tile, Laminate
  • Estimated Total Sq Ft: 2183
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Family Room: Yes
  • Foundation: Crawl Space
  • Main Level Sq Ft: 2183
  • Master Bedrm Dimensions: 15'5 x 13'2
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Fence: Cross Fence, Full Property
  • Windows: Vinyl
  • Construction Type: Wood Frame
  • Exterior Structures: Arena, Barn, Corral, Metal Building, Shed, Workshop
  • Roof: Metal
  • Views: Mountains

Garage/Parking

  • Garage Type: Detached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Electric, Internet, Phone - Cell Reception
  • Cooling: Geo Thermal
  • Electric Supplier: Delta-Montrose Electric Association
  • Heating System: Forced Air
  • Irrigation Water Description Amount: HOA for Irrigation
  • Irrigation Water District: UVWUA
  • Laundry Util Dimensions: 6'10 x 5'2
  • Sewer Supplier: Septic
  • Water Rights Irrigation: Yes
  • Water Supplier: Tri-County Water Conservancy

Condo/Co-op/Association

  • Hoa Inclusions: Irrigation

Schools

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

Green Features

  • Green Power: Geothermal

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 21, 2022
Closed on
Jul 11, 2022
Sold by
Megel Marc C
Bought by
Borgman Justin D and Borgman Leah M
Seller's Agent
Valerie Meyers
Coldwell Banker Distinctive Properties
Buyer's Agent
Myles Roberts
WesternColoradoRealty.com
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$610,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,895
Avg. Annual Appreciation
6.56%
Original Mortgage
$275,000
Outstanding Balance
$263,515
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$379,025

Purchase Details

Closed on
Jun 19, 2017
Sold by
Mulcahy John E and Hornbaker Mulcahy Charlene
Bought by
Megel Marc C and Megel Robin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2013
Sold by
Sinkovits Angela M
Bought by
Mulcahy John E and Hornbaker Mulcahy Charlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,300
Interest Rate
3.43%
Mortgage Type
VA

Purchase Details

Closed on
Jun 17, 2010
Sold by
Fannie Mae
Bought by
Sinksvils Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2009
Sold by
Leach Robert T and Leach Heather L
Bought by
Aurora Loan Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,231
Interest Rate
5.41%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 1, 2009
Sold by
Aurora Loan Services Llc
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
5.21%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 6, 2003
Sold by
Neely R Kent R and Neely Muriel
Bought by
Leach Robert T and Leach Heather L

Purchase Details

Closed on
Mar 19, 1999
Sold by
Collins Farms & Collins Sidney W & Colli
Bought by
Neely R Kent R and Neely Muriel

Purchase Details

Closed on
Jun 10, 1985
Sold by
District Court Montrose County
Bought by
Collins Sidney W and Collins Marshall L
Source: Public Records

Range of Values:

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Average Value
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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
Borgman Justin D $525,000 Land Title
Megel Marc C $335,000 Land Title Guarantee Co
Mulcahy John E $220,078 None Available
Sinksvils Angela M $169,575 None Available
Aurora Loan Services Llc -- None Available
Federal National Mortgage Association -- None Available
Leach Robert T $45,900 --
Neely R Kent R $85,000 --
Collins Sidney W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borgman Justin D $154,800
Open Borgman Justin D $275,000
Previous Owner Megel Marc C $291,700
Previous Owner Megel Marc C $251,250
Previous Owner Mulcahy John E $227,300
Previous Owner Sinkovits Angela M $48,000
Previous Owner Sinksvils Angela M $161,000
Previous Owner Leach Robert T $257,231
Previous Owner Leach Robert T $248,000
Previous Owner Leach Robert T $13,048
Previous Owner Leach Robert T $117,403
Previous Owner Leach Robert T $248,000
Previous Owner Leach Robert T $46,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2022 07/13/22 Sold $525,000 0.0% $240 / Sq Ft
05/12/2022 05/12/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $525,000 0.0% $240 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $525,000 -- $240 / 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 $2,407 $34,350 $8,230 $26,120
2023 $2,407 $39,450 $9,450 $30,000
2022 $1,721 $27,340 $4,800 $22,540
2021 $1,779 $28,130 $4,940 $23,190
2020 $1,505 $24,280 $4,120 $20,160
2019 $1,515 $24,280 $4,120 $20,160
2018 $1,451 $22,630 $3,460 $19,170
2017 $1,448 $22,630 $3,460 $19,170
2016 $1,414 $22,510 $3,180 $19,330
2015 $1,303 $22,510 $3,180 $19,330
2014 $1,053 $19,460 $2,870 $16,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 792558

Colorado Real Estate Network (CREN)

APN: R0011343