NOT LISTED FOR SALE

39968 Panorama Rd Paonia, CO 81428

Estimated Value: $500,004

9.7 Acres
$51,547 Price per Acre
422,532 Sq Ft Lot

Last Sold July 31, 2023

Last sale price $482,500

Est. 4% increase in value since last sale

Current estimated payment $3,062/month

22 Days on Market

Highlights

  • Horses Allowed On Property
  • Mountain View
  • Wooded Lot
  • Solar Power System
  • Orchard
  • Pasture

About This Lot

As of July 2023

This is probably one of the last remaining vacant parcels of land on the very edge of Pitkin Mesa and is one of the most spectacular building sites in the entire North Fork Valley. The property sits on the south edge of Pitkin Mesa looking over the town and valley below, and looking straight out at Mt. Lamborn and Lands End Mountain and the rest of the West Elk Mountain Range. Water tap is installed and there is a frost-free hydrant on the north end of the property. There is a nice storage shed on the property, a small unfinished gazebo, as well as a portable storage shed building that was intended to be finished into a tiny house/cabin. It is unfinished, but the windows have been installed and it has solar panels & a small solar system installed for it. Finish the tiny house to live in while you build, it could be a great little guest cabin, or use it as a workshop, office or storage shed. Seller uses it to camp out in while in town working on the property. There is ample irrigation water for the irrigable acreage and there are a number of older fruit trees still on the property (some are producing and some are not). The property is a nice, gentle south slope to the edge of the mesa. Whether you want to do sustainable living and grow your own food, have an orchard or vineyard, or have some pasture for your horses or livestock, this property could do it. Lots of trees, & some of the most incredible mountain & valley views that you can find anywhere!!! This is a spectacular spot for your dream home, or it's partially set up to come camp out on weekends while you work on the property and come to the valley to visit until you are ready to build. They don't make any more like this one, so don't let it get away!!!

Last Agent to Sell the Property

Myles Roberts

WesternColoradoRealty.com Listed on: 06/19/2023

Last Buyer's Agent

Dave Mitchell

WesternColoradoRealty.com

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,134

Lot Details

  • 9.7 Acre Lot
  • Partially Fenced Property
  • Barbed Wire
  • Level Lot
  • Orchard
  • Wooded Lot

Property Views

  • Mountain
  • Valley

Home Design

  • Cabin

Farming

  • 6 Irrigated Acres
  • Pasture
  • Cattle
  • Hogs
  • Sheep or Goats
  • Fenced For Cattle

Utilities

  • Irrigation Water Rights
  • Septic System

Additional Features

  • Solar Power System
  • Horses Allowed On Property

Listing and Financial Details

  • Security Deposit $10,000
  • Assessor Parcel Number 318731300073

Community Details

Overview

  • Foothills

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$2,134

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Heritage Title Company
  • Fronts: Panorama Road
  • Legal Lot Block: Parcel B, Thorne/Thorne Boundary Adjustment; more particularly described on Exhibit A, attached hereto and made a part herein by reference.
  • Livestock Allowed: Cattle, Horses, Poultry, Sheep, Swine
  • Lot Dimension: +/-9.698 acres
  • Lot Size Acreage: 5-10 Acres
  • Parcel Id Number: 318731300073
  • Property Description: Wooded Lot, Foothills, Boundaries Surveyed, Pasture
  • Street Descriptionaccess: County, Private, Paved, Gravel, Shared Drive
  • Street Designation: Road
  • Tax Account Id: R024240
  • Domestic Sewer: Septic
  • Domestic Water: Tap Paid, Domestic Installed/Paid, Public, Tap Installed
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Irrigation Acres: 6
  • Estimated Total Acres: 9.7
  • Current Property Use: Recreation, Orchard, Residential Single Family
  • Em Deposit: 10,000
  • Possible Property Use: Residential Single Family, Mountain Recreation, Aglivestock, Cattle, Dairy, Hay Pasture/Prod., Hogs, Horses, Hunting, Irrigated Farmland, Orchard, Pasture (irrigated), Poultry, Recreation, Sheep Ranch, Tree Farm, Vineyard
  • Water Rights Irrigation: Yes
  • Irrigation Systemrights: Owned
  • Irr Water Descamnt: 198 shares
  • Mineral Rights: Unknown
  • Price Acre: 51453.91
  • Topography: Level, Sloped
  • Modularmobile Allow: Both
  • Outbuildngsstructures: Misc Sheds, Cabin
  • Price per Sq Ft: 1.18
  • Sold Priceacre: 49752.53
  • Water Tap Available: Yes
  • Water Tap Installed: Yes
  • Total Taxes Dollar: 2,133.88
  • Prop Description Remarks: This is probably one of the last remaining vacant parcels of land on the very edge of Pitkin Mesa and is one of the most spectacular building sites in the entire North Fork Valley. The property sits on the south edge of Pitkin Mesa looking over the town and valley below, and looking straight out at Mt. Lamborn and Lands End Mountain and the rest of the West Elk Mountain Range. Water tap is installed and there is a frost-free hydrant on the north end of the property. There is a nice storage shed on the property, a small unfinished gazebo, as well as a portable storage shed building that was intended to be finished into a tiny house/cabin. It is unfinished, but the windows have been installed and it has solar panels & a small solar system installed for it. Finish the tiny house to live in while you build, it could be a great little guest cabin, or use it as a workshop, office or storage shed. Seller uses it to camp out in while in town working on the property. There is ample irrigation water for the irrigable acreage and there are a number of older fruit trees still on the property (some are producing and some are not). The property is a nice, gentle south slope to the edge of the mesa. Whether you want to do sustainable living and grow your own food, have an orchard or vineyard, or have some pasture for your horses or livestock, this property could do it. Lots of trees, & some of the most incredible mountain & valley views that you can find anywhere!!! This is a spectacular spot for your dream home, or it's partially set up to come camp out on weekends while you work on the property and come to the valley to visit until you are ready to build. They don't make any more like this one, so don't let it get away!!!
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Fence: Barbed Wire, Partial Property, Game Fence
  • Views: Mountains, Valley

Utilities

  • Utilities: Electricity Near, Natural Gas Near, Solar, Phone - Cell Reception
  • Water Tap Paid: Yes
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Irrigation Water District: Fire Mountain Canal & Res
  • Water Supplier: Pitkin Mesa Pipe Line Company

Schools

  • Elementary School: Open Enrollment
  • Middle School: Open Enrollment
  • High School: Open Enrollment
  • High School: Open Enrollment

Tax Info

  • Tax Year: 2022

MLS Schools

  • Elementary School: Open Enrollment
  • Middle School: Open Enrollment

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2023
Closed on
Jul 31, 2023
Sold by
Thorne Robert
Bought by
Higher Ground Holdings Llc
Seller's Agent
Myles Roberts
WesternColoradoRealty.com
Buyer's Agent
Dave Mitchell
WesternColoradoRealty.com
List Price
$499,000
Sold Price
$482,500
Premium/Discount to List
-$16,500
-3.31%
Views
25
Current Estimated Value
$500,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,504
Avg. Annual Appreciation
0.51%
Original Mortgage
$3,866
Outstanding Balance
$2,581
Interest Rate
6%
Mortgage Type
Seller Take Back
Estimated Equity
$485,059

Purchase Details

Closed on
Sep 28, 2015
Sold by
Grupp Margaret C
Bought by
Thorne Robert
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
Higher Ground Holdings Llc $482,500 None Listed On Document
Thorne Robert $235,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Higher Ground Holdings Llc $3,866
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $482,500 -3.3% --
07/11/2023 07/11/23 Pending -- -- --
06/19/2023 06/19/23 For Sale $499,000 -- --
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 $4,052 $62,343 $61,380 $963
2023 $4,052 $61,380 $61,380 $0
2022 $2,134 $33,350 $33,350 $0
2021 $2,081 $33,350 $33,350 $0
2020 $1,838 $29,000 $29,000 $0
2019 $1,809 $29,000 $29,000 $0
2018 $1,900 $29,000 $29,000 $0
2017 $1,683 $29,000 $29,000 $0
2016 $1,608 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 804906

Colorado Real Estate Network (CREN)

APN: 318731300073