340 N Coffman Ln Olathe, CO 81425
Estimated Value: $219,000 - $342,000
3
Beds
2
Baths
1,114
Sq Ft
$265/Sq Ft
Est. Value
Highlights
- Accessory Dwelling Unit (ADU)
- RV or Boat Parking
- 2 Car Detached Garage
- Horses Allowed On Property
- Farmhouse Style Home
- Eat-In Kitchen
About This Home
As of May 2021Located 15 Minutes outside of Montrose and 45 Minutes from Grand Junction. This .61 acre property with a 1114 sf, single level, ranch style home with updates and new paint inside. New hard surface vinyl laminate flooring & new tile flooring. Kitchen features, stainless steel dishwasher, two stainless steel kitchen sinks with island and flat top burners, a stainless steel refrigerator, a all steel kitchen with a 15ft bar and three TVs wall mounted for all of your sports and entertaining needs. Guest bathroom features, Bathtub/shower & sink. Master bathroom features, a large shower with eight shower heads, two vanity sinks and a walk in closet. Two Bedrooms & one master. Built-in closets. Nice sized living room with new plank flooring, new paint. Exterior of home is spacious for all of your toys, RV, camper, vehicles or room for expansion. New 675 sqft detached two car garage with 20ft ceiling so you can put a vehicle lift in or double your square footage and make it a second level for a apartment or storage. Large/tall, two car carport. New metal roof on home, has vinyl Windows. This property has an additional living unit. And a additional break room/office. The additional living unit is roughly 500sqft two Bedroom, one bathroom with shower, kitchen, tankless hot water, installed fiber internet and pellet stove for heat. Over 16" of blown-in pink panther insulation. Natural gas forced air furnaces. Tankless hot water. Fiber internet installed. All Personal Belongings will be removed prior to closing. Lawn is turf and zero scape. Irrigation ditch on the front of the property with one share. Septic tank and leach field were installed in 2012 and have no issues, was just pumped and checked. No covenants. No HOA. And Located in the Montrose County Limits. Take a look at this one Today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $592
Year Built
- Built in 1944 | Remodeled in 2020
Lot Details
- 0.61 Acre Lot
- Xeriscape Landscape
- Property is zoned Mixed-Use
Home Design
- Farmhouse Style Home
- Concrete Foundation
- Permanent Foundation
- Wood Siding
- Stick Built Home
Interior Spaces
- 1,114 Sq Ft Home
- 1-Story Property
- Family Room
Kitchen
- Eat-In Kitchen
- Oven or Range
- Microwave
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 2 Car Detached Garage
- RV or Boat Parking
Schools
- Olathe K-5 Elementary School
- Olathe 6-8 Middle School
- Olathe 9-12 High School
Farming
- Cattle
- Sheep or Goats
Utilities
- Forced Air Heating System
- Pellet Stove burns compressed wood to generate heat
- Heating System Uses Natural Gas
- Tankless Water Heater
- Septic Tank
- Septic System
- Internet Available
- Phone Available
Additional Features
- Accessory Dwelling Unit (ADU)
- Horses Allowed On Property
Listing and Financial Details
- Assessor Parcel Number 372309400009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 21, 2021
Closed on
May 7, 2021
Sold by
Jensen Gary Eugene
Bought by
Osburn Cory Brian and Osburn Nydia Lorena
Seller's Agent
Chase Girard
Ponderosa Real Estate The Source For Real Estate
Buyer's Agent
Mark and Tammy Monroe
Keller Williams Realty Southwest Associates, LLC - Montrose
List Price
$249,000
Sold Price
$237,500
Premium/Discount to List
-$11,500
-4.62%
Total Days on Market
29
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,375
Avg. Annual Appreciation
4.69%
Original Mortgage
$229,502
Outstanding Balance
$210,619
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$74,542
Purchase Details
Closed on
Jun 22, 2016
Sold by
Jenson Gary Eugene and Jenson Ii Gary
Bought by
Jensen Gary Eugene
Purchase Details
Closed on
Dec 29, 2014
Sold by
Jensen Rose Angelica Flores
Bought by
Jensen Gary Eugene
Purchase Details
Closed on
Dec 8, 2014
Sold by
Flores Rose Angelica
Bought by
Jensen Gary Eugene
Purchase Details
Closed on
Feb 10, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Flores Jensen Ii Gary Eugene and Flores Jensen Rose Angelica
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,040
Interest Rate
4.05%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 20, 2011
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corp
Purchase Details
Closed on
Oct 4, 2011
Sold by
Huntington Eugene M and Huntington Jennie
Bought by
Wells Fargo Bank Na
Purchase Details
Closed on
Nov 1, 2005
Sold by
Haynes Larry D
Bought by
Huntington Eugene M and Huntington Jennie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,650
Interest Rate
5.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 10, 2004
Sold by
Colson Donald Lyle Pr Colson Jessie J
Bought by
Haynes Larry D
Purchase Details
Closed on
Nov 14, 1951
Sold by
Sheets Earl and Sheets Erma Dean
Bought by
Colson Archie B and Colson Jessie J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Olathe, CO
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Osburn Cory Brian | $237,500 | Land Title | |
| Jensen Gary Eugene | -- | None Available | |
| Jensen Gary Eugene | -- | None Available | |
| Jensen Gary Eugene | -- | None Available | |
| Flores Jensen Ii Gary Eugene | $51,000 | Chicago Title Servicelink | |
| Federal Home Loan Mortgage Corp | $122,721 | None Available | |
| Wells Fargo Bank Na | -- | None Available | |
| Huntington Eugene M | $127,000 | First American Heritage Titl | |
| Haynes Larry D | $89,500 | -- | |
| Colson Archie B | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Osburn Cory Brian | $229,502 | |
| Closed | Jensen Gary Eugene | $100,000 | |
| Closed | Jensen Gary Eugene | $100,000 | |
| Previous Owner | Flores Jensen Ii Gary Eugene | $52,040 | |
| Previous Owner | Huntington Eugene M | $120,650 | |
| Previous Owner | Huntington Eugene M | $120,650 | |
| Previous Owner | Haynes Larry D | $25,078 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/14/2021 05/14/21 | Sold | $237,500 | +2.2% | $213 / Sq Ft |
| 02/19/2021 02/19/21 | Pending | -- | -- | -- |
| 02/16/2021 02/16/21 | Price Changed | $232,500 | -6.6% | $209 / Sq Ft |
| 02/10/2021 02/10/21 | For Sale | $249,000 | 0.0% | $224 / Sq Ft |
| 02/03/2021 02/03/21 | Pending | -- | -- | -- |
| 01/21/2021 01/21/21 | For Sale | $249,000 | -- | $224 / Sq Ft |
Source: Colorado Real Estate Network (CREN)
Tax History Compared to Growth
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 | $1,021 | $14,570 | $5,640 | $8,930 |
| 2023 | $1,021 | $26,440 | $6,840 | $19,600 |
| 2022 | $1,124 | $17,860 | $3,350 | $14,510 |
| 2021 | $663 | $10,490 | $2,330 | $8,160 |
| 2020 | $592 | $9,550 | $2,180 | $7,370 |
| 2019 | $596 | $9,550 | $2,180 | $7,370 |
| 2016 | $502 | $7,990 | $1,760 | $6,230 |
| 2015 | $463 | $7,990 | $1,760 | $6,230 |
| 2014 | $415 | $7,680 | $1,760 | $5,920 |
Source: Public Records
Agents Affiliated with this Home
-
Chase Girard
Seller's Agent in 2021
Chase Girard
Ponderosa Real Estate The Source For Real Estate
(970) 729-2399
178 Total Sales
-
Mark and Tammy Monroe
Buyer's Agent in 2021
Mark and Tammy Monroe
Keller Williams Realty Southwest Associates, LLC - Montrose
(970) 596-0770
110 Total Sales
Map
Source: Colorado Real Estate Network (CREN)
MLS Number: 778067
APN: R0008506
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