NOT LISTED FOR SALE

37440 County Road 43 Severance, CO 80615

Estimated Value: $781,000 - $5,927,000

3 Beds
2 Baths
1,970 Sq Ft
$2,033/Sq Ft Est. Value

Sale Details

Date Sold: September 16, 2020

Last sale price $4,150,000 $2,107 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $23,216 / mo

7 Days on Market

Highlights

  • Barn or Stable
  • 260 Acre Lot
  • 2 Car Detached Garage
  • Horses Allowed On Property
  • No HOA
  • Pasture

About This Home

As of September 2020

Unique property with an incredible indoor arena creating limitless opportunities for any equine discipline. The 200x300 indoor arena has box stalls, offices, concession stand, restrooms and balcony overlooking the arena. Excellent crop production under three pivots supplied by non tributary wells located in an area with high feed demand. The feedlot has 1,400 feet of bunk space in eight lots. Two recently renovated homes provide comfortable living arrangements and there are multiple outbuildings. Outbuildings consist of a 48x98 shop, scale and several open faced sheds. The North Weld water tap consists of seven allocations of water and seven plant investment fees. Three Use By Special Review permits for the feedlot and the indoor arena.

Last Agent to Sell the Property

Trevor Thiel

3T Realty, LLC License #40038006 Listed on: 08/03/2020

Last Buyer's Agent

Ryan Hostetler

AGPROfessionals, LLC License #40017095

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $20,750

Year Built

  • Built in 1920

Lot Details

  • 260 Acre Lot
  • Property is zoned Ag/3 USR's

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Property
  • Farm

Interior Spaces

  • 1,970 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Farming

  • Barn or Stable
  • Loafing Shed
  • Machine Shed
  • Pasture
  • Cattle
  • Hogs
  • Livestock
  • Sheep or Goats
  • Buffalo Allowed
  • Llama Allowed

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Irrigated Pasture
  • Corral
  • Tack Room
  • Hay Storage
  • Arena

Utilities

  • Water Rights

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R0918586

Property Details

Property Type

Other

Est. Annual Taxes

$20,750

Year Built

Built in 1920

Lot Details

260 Acres

Parking

2

Listing Details

  • Year Built: 1920
  • Property Sub Type: Farm and Ranch
  • Prop. Type: Farm
  • Horses: Yes
  • Lot Size Acres: 260
  • Subdivision Name: None
  • Directions: Property is located between CR 76 and CR 78 on the East side of CR 43.
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • New Construction: No
  • Building Stories: 3
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1970
  • Special Features: None
  • Stories: 3

Interior Features

  • Possible Use: Farm
  • Total Bedrooms: 3
  • IRESDS_HasFamilyRoom: No
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: Pasture, Dry, Irrigated, Water Rights Included, Cows Allowed, Horses Allowed, Pigs Allowed, Buffalo Allowed, Llama Allowed, Goats Allowed, Sheep Allowed
  • Waterfront: No
  • Other Structures: Corral(s), Barn(s), Machine Shed, Livestock Shed
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • IRESDS_GarageType: Detached

Utilities

  • Water Source: District Water, North Weld

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Eaton RE-2

Lot Info

  • Zoning: Ag/3 USR's
  • Current Use: Zoning Appropriate for 4+ Horses
  • Horse Amenities: Barn with 3+ Stalls, Corral(s), Pasture, Arena, Tack Room, Loafing Shed, Hay Storage
  • Lot Size Sq Ft: 11325600
  • Parcel #: R0918586
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 20750

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Sep 14, 2020
Sold by
Grand Hills Arena Llc
Bought by
Art Guttersen Llc
Seller's Agent
Trevor Thiel
3T Realty, LLC
Buyer's Agent
Ryan Hostetler
AGPROfessionals, LLC
List Price
$4,250,000
Sold Price
$4,150,000
Premium/Discount to List
-$100,000
-2.35%
Current Estimated Value
$4,004,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$145,571
Avg. Annual Appreciation
-0.64%
Original Mortgage
$2,500,000
Outstanding Balance
$2,214,470
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,789,959

Purchase Details

Closed on
Jan 9, 2019
Sold by
Twisted M Llc
Bought by
Grand Hills Arena Llc

Purchase Details

Closed on
Nov 1, 2008
Sold by
Spicer Ranches Ltd
Bought by
Meyring Rebecca J

Purchase Details

Closed on
Jun 15, 2001
Sold by
1031 Ww Land Corp
Bought by
Spicer Ranches Ltd

Purchase Details

Closed on
Jan 16, 2001
Sold by
Mckay W M and Mckay Sharon
Bought by
1031-Ww Land Corp

Purchase Details

Closed on
Jan 8, 1999
Sold by
Jack Stern
Bought by
Mckay W M and Mckay Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,207
Interest Rate
6.74%

Purchase Details

Closed on
May 3, 1985

Purchase Details

Closed on
Aug 23, 1978

Purchase Details

Closed on
Mar 23, 1978
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Art Guttersen Llc -- None Available
Art Guttersen Llc $4,150,000 Land Title Guarantee Co
Grand Hills Arena Llc $3,125,000 Land Title Guarantee Co
Meyring Rebecca J -- None Available
Spicer Ranches Ltd $1,982,998 --
1031-Ww Land Corp $797,000 --
Mckay W M $600,000 --
-- -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Art Guttersen Llc $2,500,000
Previous Owner Mckay W M $239,207
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2021 12/15/21 Off Market $4,150,000 -- --
09/16/2020 09/16/20 Sold $4,150,000 -2.4% $2,107 / Sq Ft
08/03/2020 08/03/20 For Sale $4,250,000 -- $2,157 / Sq Ft
Source: IRES MLS

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
2025 $23,820 $321,790 $58,310 $263,480
2024 $23,820 $321,790 $58,310 $263,480
2023 $21,324 $331,750 $65,700 $266,050
2022 $19,400 $277,550 $73,640 $203,910
2021 $19,864 $253,540 $49,900 $203,640
2020 $18,798 $261,960 $48,120 $213,840
2019 $19,250 $261,960 $48,120 $213,840
Source: Public Records

Agents Affiliated with this Home

  • Trevor Thiel

    Seller's Agent in 2020

    Trevor Thiel

    3T Realty, LLC

    (970) 978-0800

    53 Total Sales

    Trevor Thiel
    Section Image
  • Ryan Hostetler

    Buyer's Agent in 2020

    Ryan Hostetler

    AGPROfessionals, LLC

    (970) 475-1938

    67 Total Sales

    Ryan Hostetler
    Section Image
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Map

Source: IRES MLS

MLS Number: IRE920125

IRES MLS

APN: R0918586

Colorado Weld County Severance 80615

37440 County Road 43, Severance, CO

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed by the MLS.
Based on information submitted to the MLS GRID
Listings courtesy of IRES MLS as distributed by MLS GRID

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