NOT LISTED FOR SALE

38845 Coburn Rd Paonia, CO 81428

Estimated Value: $391,000 - $833,000

4 Beds
2 Baths
2,422 Sq Ft
$216/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $352,000 $145 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,948/month

139 Days on Market

Highlights

  • Barn
  • Spa
  • Mountain View
  • Horses Allowed On Property
  • RV or Boat Parking
  • A-Frame Home

About This Home

As of November 2022

This nice roomy house is great for a growing family with room for dogs and farm animals. There is also a second address with this property, with electric already to go. This would be perfect for adding a shop. This home is in need of some cosmetic work but has good bones. This is home to buy at a discount and fix it up for a growing family. There is also enough room an investor could make a nice profit on a fix and flip. The house could use paint and carpet. The house sits on 2 acers with 3 shares of irrigation water. It is big enough for a fun hobby farm. This home is what quit county living is all about. Being only 3 miles out of town its close enough to be convent and far enough that your on your own. On a dead end road to boot. The seller is only interested in cash offers or conventional leading.

Last Agent to Sell the Property

DEREK DAVIS

RONIN Real Estate Professionals Listed on: 05/24/2022

RONIN Real Estate Professionals

Last Buyer's Agent

Greta Gibb

Paonia Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,539

Year Built

  • Built in 1912 | Remodeled in 1976

Lot Details

  • 2.2 Acre Lot
  • Barbed Wire
  • Irrigation
  • Property is zoned Agriculture

Parking

  • RV or Boat Parking

Property Views

  • Mountain
  • Valley

Home Design

  • A-Frame Home
  • Post and Beam
  • Farmhouse Style Home
  • Metal Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2-Story Property
  • Furnished
  • Wood Burning Stove
  • Free Standing Fireplace
  • Vinyl Clad Windows
  • Mud Room
  • Great Room
  • Family Room
  • Combination Kitchen and Dining Room
  • Den with Fireplace
  • Unfinished Basement
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms

Outdoor Features

  • Spa
  • Deck
  • Shed

Schools

  • Paonia K-6 Elementary School
  • Paonia 7-12 Middle School
  • Paonia 7-12 High School

Farming

  • Barn
  • 2 Irrigated Acres

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Evaporated cooling system
  • Hot Water Baseboard Heater
  • Boiler Heating System
  • Heating System Uses Wood
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Irrigation Water Rights
  • Water Heater
  • Septic Tank
  • Septic System
  • Internet Available
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 324311400035

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,539

Year Built

Built in 1912 | Remodeled in 1976

Lot Details

0

Listing Details

  • Estimated Irrigation Acres: 2
  • Estimated Total Acres: 2.2
  • Class: RESIDENTIAL
  • Em Deposit: 4000
  • Em Holder: Title Company
  • Exterior Inclusions: Shed/Storage, Irrigation Water, Deck, Hot Tub
  • Horse Setup: Yes
  • Interior Inclusions: Wood Stove, All Furnishings, Mud Room
  • Legal Lot Block: 38845 COBURN RD PAONIA 81428 38839 COBURN RD PAONIA 81428 S: 11 T: 14S R: 92W Subdivision: RURAL AREA TOTAL ACRES 2.2+- PT NE4SE4 S11 T14S R92W 6PM BEG PT S/LINE OF SAID SEC 659.7? W OF E/LINE SAID SEC TH W ON S/LINE 349.6? N 214? TO SOUTH BOUNDARY DENVER
  • List Price per Sq Ft: 162.68
  • Lot Size Acreage: 1-1.99, 2-4.99
  • Parcel Id Number: 324311400035
  • Price Per Sq Ft: 145.33
  • Real Estate Included: Yes
  • Realist Id: 3243-114-00-035
  • Residence Stories: Two Story
  • Residence Style: Farm House, A Frame
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Vinyl
  • Sold Price Sq Ft: 145.33
  • Street Descriptionaccess: Paved
  • Street Designation: Road
  • Zoning: Agriculture, Residential Single Family
  • Type: Stick Built
  • Internet Service Avail: Yes
  • Total Taxes Dollar: 1538.60
  • Year Built: 1912
  • Year Renovated: 1976
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Kitchen/Dining
  • Dining Room: Yes
  • Bedrooms: 4
  • Flooring: Carpet-Partial, Hardwood, Linoleum
  • Estimated Total Sq Ft: 2422
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Family Room: Yes
  • Fireplace Location Type: Free Standing, Den/Family Room, Woodstove
  • Foundation: Basement-unfinished, Crawl Space
  • Great Room: Yes
  • Main Level Sq Ft: 1311
  • Master Bedroom Level: Upper Level
  • Total Office Den: 0
  • Upper Level Sq Ft: 1111

Exterior Features

  • Fence: Barbed Wire
  • Windows: Metal, Vinyl
  • Construction Type: Wood Frame, Post & Beam
  • Exterior Structures: Barn, Shed
  • Roof: Metal
  • Views: Mountains, Valley

Utilities

  • Utilities: Electric, Propane-Tank Leased, Phone - Landline
  • Cooling: Evaporative Cooler
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Propane
  • Heating System: Hot Water Baseboard, Boiler, Wood Stove
  • Irrigation Water Description Amount: 3
  • Irrigation Water District: Paonia Ditch Company
  • Sewer Supplier: Septic
  • Water Heater: Electric Water Heater
  • Water Rights Irrigation: Yes
  • Water Supplier: West Paonia Domestic Water Company

Schools

  • Elementary School: Paonia K-6
  • Middle School: Paonia 7-12
  • High School: Paonia 7-12
  • High School: Paonia 7-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

MLS Schools

  • Elementary School: Paonia K-6
  • Middle School: Paonia 7-12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2025
Sold by
Rajeana Gable Trust
Bought by
Johnson Taylor C and Johnson Lauren M
Current Estimated Value
$523,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Outstanding Balance
$295,011
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$228,448

Purchase Details

Listed on
May 24, 2022
Closed on
Nov 9, 2022
Sold by
Properties4you Llc
Bought by
Rajeana Gable Trust
Seller's Agent
DEREK DAVIS
RONIN Real Estate Professionals
Buyer's Agent
Greta Gibb
Paonia Realty LLC
List Price
$419,000
Sold Price
$352,000
Premium/Discount to List
-$67,000
-15.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.46%

Purchase Details

Closed on
May 25, 2018
Sold by
Bateman Richard and Bateman Kathleen A
Bought by
Deffert Aimee and Farris Shaun Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2014
Sold by
National Residential Nominee Services In
Bought by
Bateman Richard and Bateman Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2012
Sold by
Fizer Randall E and Fizer Joyce Ann Ryan
Bought by
National Residential Nominee Services In

Purchase Details

Closed on
Jun 18, 1993
Sold by
Johnson
Bought by
Fizer

Purchase Details

Closed on
Oct 29, 1990
Sold by
Johnson
Bought by
Johnson
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
Johnson Taylor C $370,000 None Listed On Document
Rajeana Gable Trust $352,000 None Listed On Document
Deffert Aimee $265,000 None Available
Bateman Richard $146,000 Fidelity National Title Ins
National Residential Nominee Services In $219,500 Fidelity National Title Insu
Fizer $87,000 --
Johnson $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Taylor C $296,000
Previous Owner Deffert Aimee $140,000
Previous Owner Bateman Richard $116,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $352,000 -10.7% $145 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
09/09/2022 09/09/22 Price Changed $394,000 -3.7% $163 / Sq Ft
08/08/2022 08/08/22 Price Changed $409,000 -2.4% $169 / Sq Ft
08/08/2022 08/08/22 For Sale $419,000 0.0% $173 / Sq Ft
06/19/2022 06/19/22 Pending -- -- --
06/01/2022 06/01/22 Price Changed $419,000 -2.3% $173 / Sq Ft
05/24/2022 05/24/22 For Sale $429,000 -- $177 / 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 $1,416 $21,791 $8,023 $13,768
2023 $1,416 $21,775 $8,022 $13,753
2022 $1,533 $23,966 $7,923 $16,043
2021 $1,539 $24,656 $8,151 $16,505
2020 $1,385 $21,854 $8,151 $13,703
2019 $1,363 $21,854 $8,151 $13,703
2018 $1,440 $21,970 $8,208 $13,762
2017 $1,275 $21,970 $8,208 $13,762
2016 $1,162 $20,864 $4,872 $15,992
2014 -- $14,033 $4,872 $9,161
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 793805

Colorado Real Estate Network (CREN)

APN: R007285