NOT LISTED FOR SALE

301 Balsam Rd Cimarron, CO 81220

Estimated Value: $74,277 - $80,000

0.75 Acre
$102,852 Price per Acre
32,670 Sq Ft Lot

Last Sold November 10, 2023

Last sale price $70,000

Est. 10% increase in value since last sale

Current estimated payment $536/month

26 Days on Market

Highlights

  • Fishing Allowed
  • Wooded Lot
  • Level Lot
  • Crested Butte Community School Rated A-

About This Lot

As of November 2023

This home is located at 301 Balsam Rd, Cimarron, CO 81220 since 27 September 2023 and is currently estimated at $77,139. 301 Balsam Rd is a home located in Gunnison County with nearby schools including Gunnison Elementary School, Gunnison Middle School, and Crested Butte Community School.

Last Listed By

Carol Bond

Tamarack at Arrowhead, Inc Listed on: 09/27/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $817

Lot Details

  • 0.75 Acre Lot
  • Seasonal Access to Property
  • Level Lot
  • Wooded Lot

HOA Fees

  • $40 Monthly HOA Fees

Utilities

  • Phone Available

Listing and Financial Details

  • Security Deposit $1,500
  • Assessor Parcel Number 404918004019

Community Details

Overview

  • Association fees include road maintenance, fishing rights
  • Arrowhead Improvements Association
  • Arrowhead Subdivision

Recreation

  • Fishing Allowed

Property Details

Property Type

Land

Est. Annual Taxes

$817

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Class: Land
  • Em Holder: Fidelity National Title
  • Legal Lot Block: LOT 14, BLOCK 8, ARROWHEAD SUBDIVISION, FILING NO. 1
  • Lot Dimension: 200' Diameter
  • Lot Size Acreage: .5-.99 Acres
  • Parcel Id Number: 404918004019
  • Property Description: Wooded Lot, Fishing Rights
  • Street Descriptionaccess: Seasonal, Gravel, Shared Drive
  • Street Designation: Road
  • Zoning: Residential Single Family
  • HOA Fee Frequency: Monthly
  • Domestic Water: Tap Paid
  • Type: Mountain Property
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 0.75
  • Current Property Use: Mountain Recreation
  • Em Deposit: 1,500.00
  • Possible Property Use: Residential Single Family
  • Price Acre: 113333.33
  • Topography: Level
  • Price per Sq Ft: 2.6
  • Sold Priceacre: 93333.33
  • Water Tap Available: Yes
  • Water Tap Installed: Yes
  • Access: Seasonal
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 817
  • Subdv Name: Arrowhead
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Utilities

  • Utilities: Phone - Cell Reception, Electricity, Phone Near
  • Water Tap Paid: Yes
  • Electric Supplier: Gunnison County Electric Association
  • Gas Supplier: Propane
  • Water Supplier: Arrowhead Ranch Water Company

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Road Maintenance, Fishing Rights
  • Hoametro Fees: 40
  • Hoa Name: Arrowhead Improvements Association

Schools

  • Elementary School: Out of Area
  • Middle School: Out of Area
  • High School: Out of Area
  • High School: Out of Area

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2022

MLS Schools

  • Elementary School: Out of Area
  • Middle School: Out of Area

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2024
Sold by
Price Jeffrey Lane and Price Cheryl Kay
Bought by
Oren Terri
Total Days on Market
26
Current Estimated Value
$77,139

Purchase Details

Listed on
Sep 27, 2023
Closed on
Nov 10, 2023
Sold by
Garmong Donald and Garmong Toni
Bought by
Price Jeffrey Lane and Price Cheryl Kay
Seller's Agent
Carol Bond
Tamarack at Arrowhead, Inc
Buyer's Agent
Debbie Thomas
DKT Realty, Inc
List Price
$85,000
Sold Price
$70,000
Premium/Discount to List
-$15,000
-17.65%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.22%

Purchase Details

Closed on
Oct 22, 2018
Sold by
Kirk Danny L and Kirk Linda J
Bought by
Garmong Donald and Garmong Toni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
4.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 24, 2013
Sold by
Moore Michael Thomas and Moore Sharon Kay
Bought by
Kirk Danny L and Kirk Linda J

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
Oren Terri $75,000 Fntc
Price Jeffrey Lane $70,000 Fntc
Garmong Donald $40,000 Fidelity National Title
Kirk Danny L $13,000 Clt Closing & Titles Service
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garmong Donald $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2023 11/10/23 Sold $70,000 -17.6% --
10/23/2023 10/23/23 Pending -- -- --
09/27/2023 09/27/23 For Sale $85,000 -- --
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 $815 $15,830 $15,830 $0
2023 $815 $15,830 $15,830 $0
2022 $817 $13,830 $13,830 $0
2021 $715 $13,830 $13,830 $0
2020 $620 $11,310 $11,310 $0
2019 $606 $11,310 $11,310 $0
2018 $519 $9,430 $9,430 $0
2017 $525 $9,430 $9,430 $0
2016 $641 $11,600 $11,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 808352

Colorado Real Estate Network (CREN)

APN: R011139