NOT LISTED FOR SALE

3404 Mahogany Dr Montrose, CO 81401

Estimated Value: $758,000 - $908,000

0.41 Acre
$1,995,476 Price per Acre
17,860 Sq Ft Lot

Last Sold April 01, 2022

Last sale price $78,500

Est. 967% increase in value since last sale

Current estimated payment $4,765/month

About This Lot

As of April 2022

This lot is located in the Cottonwood Pointe area of Brown Ranch subdivision. A 40 acre area which encompasses 40 lots, open space, pond, detention pond and walking paths. Minimum size home to build on this lot is 2,500 square feet. Includes under ground irrigation water that is filtered and pressurized to the lot. All other city utilities at the lot. Brown Ranch is a Master Planned Community where land is preserved rather than consumed. Open space, walking trails, parks and astounding views are enjoyed by the people who call this community home. Lot sizes range from approximately 1/4 acre to 3/4 acre. One of Montrose’s premier communities is tucked in the south east corner of Montrose, where you still see deer, and other wildlife, yet it is located just a five minute drive to the Montrose Community Recreation Center, restaurants, shopping and the Bridges Golf Course.

Last Agent to Sell the Property

Valerie Meyers

Coldwell Banker Distinctive Properties Listed on: 07/09/2020

Coldwell Banker Distinctive Properties

Last Buyer's Agent

Kerri Noonan-Inda

NextHome Virtual

NextHome Virtual

Property Details

Property Type

  • Land

Lot Details

  • 0.41 Acre Lot
  • Corner Lot
  • Sloped Lot

HOA Fees

  • $52 Monthly HOA Fees

Schools

  • Cottonwood K-5 Elementary School
  • Centennial 6-8 Middle School
  • Montrose 9-12 High School

Utilities

  • Irrigation Water Rights
  • Septic System
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include irrigation
  • Brown Ranch Cottonwood Pointe HOA

Listing and Financial Details

  • Security Deposit $1,500
  • Assessor Parcel Number 399302307015
  • Special Tax Authority

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$52 per month

Listing Details

  • Class: Land
  • Em Holder: Land Title
  • Fronts: Mahogany & Sienna
  • Legal Lot Block: SUBD: BROWN RANCH SUBD (FILING #1) LOT: 15 S: 2 T: 48 R: 9
  • Lot Size Acreage: .25-.5 Acres
  • Parcel Id Number: 399302307015
  • Property Description: Corner
  • Street Descriptionaccess: City/Town, Paved, 150'+ Frontage
  • Street Designation: Drive
  • Tax Account Id: R0017374
  • Zoning: Residential Single Family
  • HOA Fee Frequency: Annually
  • Domestic Sewer: Sewer Tap Available, Sewer Tap Installed
  • Domestic Water: Tap Available, Tap Installed
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Irrigation Acres: 0.41
  • Estimated Total Acres: 0.41
  • Current Property Use: Residential Single Family
  • Em Deposit: 1,500
  • Possible Property Use: Residential Single Family
  • Special Assemnt Yn: Yes
  • Water Rights Irrigation: Yes
  • Irrigation Systemrights: Owned
  • Irr Water Descamnt: HOA
  • Mineral Rights: Unknown
  • Topography: Sloped
  • Price per Sq Ft: 4.4
  • Sewerseptic In: Yes
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 191463.41
  • Water Tap Available: Yes
  • Water Tap Installed: Yes
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Total Taxes Dollar: 1304.04
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Utilities

  • Utilities: Electricity, Natural Gas, Cable Tv, Internet, Phone - Landline, Phone - Cell Reception
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Irrigation Water District: HOA
  • Water Supplier: Tri-County Water Conservancy

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Irrigation
  • Hoametro Fees: 625.00
  • Hoa Name: Brown Ranch - Cottonwood Pointe

Schools

  • High School: Montrose 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2020

MLS Schools

  • Elementary School: Cottonwood K-5
  • Middle School: Centennial 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2020
Closed on
Mar 31, 2022
Sold by
Sunshine Of Montrose Inc
Bought by
Powers Benjamin Cameron and Powers Kaytlin Carretta
Seller's Agent
Valerie Meyers
Coldwell Banker Distinctive Properties
Buyer's Agent
Kerri Noonan-Inda
NextHome Virtual
List Price
$68,750
Sold Price
$78,500
Premium/Discount to List
$9,750
14.18%
Current Estimated Value
$837,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$759,453
Avg. Annual Appreciation
92.46%
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
Powers Benjamin Cameron $78,500 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2022 04/01/22 Sold $78,500 0.0% --
03/10/2022 03/10/22 Pending -- -- --
03/07/2022 03/07/22 Price Changed $78,500 +4.0% --
12/21/2021 12/21/21 Price Changed $75,500 +9.8% --
12/21/2021 12/21/21 For Sale $68,750 0.0% --
12/09/2021 12/09/21 Pending -- -- --
08/01/2021 08/01/21 Price Changed $68,750 +10.0% --
06/16/2021 06/16/21 Price Changed $62,500 +13.6% --
07/09/2020 07/09/20 For Sale $55,000 -- --
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 $3,669 $51,530 $4,640 $46,890
2023 $3,669 $22,230 $5,160 $17,070
2022 $1,100 $15,980 $15,980 $0
2021 $1,102 $15,980 $15,980 $0
2020 $1,296 $19,310 $19,310 $0
2019 $1,304 $19,310 $19,310 $0
2018 $1,393 $20,120 $20,120 $0
2017 $1,382 $20,120 $20,120 $0
2016 $1,185 $17,540 $17,540 $0
2015 $1,163 $17,540 $17,540 $0
2014 $1,087 $17,540 $17,540 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 771920

Colorado Real Estate Network (CREN)

APN: R0017374