$484,000
SOLD AUG 8, 2025

4024 5945 Rd Olathe, CO 81425

3 Beds
2 Baths
1,401 Sq Ft
1 Acres

Recently Sold

$345 Per Sq Ft

2% Below List Price

47 Days on Market

Highlights

  • Spa
  • Living Room with Fireplace
  • 2 Car Garage
  • Wood Burning Stove
  • Corner Lot
  • Double Pane Windows

About This Home

As of August 2025

3 Bed 2 Bath in Olathe, Colorado a peaceful haven set on an acre of beautiful Western Slope land, where open skies and quiet country living come together. This inviting property offers a great combination of space and comfort, both inside and out. The home features a warm and thoughtfully designed interior, with generously sized living areas bathed in natural light, creating a cozy yet open atmosphere perfect for everyday living or entertaining guests. Soft, neutral tones and natural textures throughout the home evoke a sense of calm and ease, while the spacious kitchen and inviting living room make it easy to call home, the spacious rooms give great space for privacy and growth. Step outside, and you’ll find room to roam, garden, or simply sit back and enjoy the wide-open surroundings. A standout feature is the 60X30 insulated and heated metal building ideal for a workshop, storage or a hobby space, offering year-round functionality and incredible versatility. Located just minutes from the heart of Olathe, this property offers the peace of rural life with convenient access to nearby towns and services.

Last Agent to Sell the Property

Oscar Cisneros

NextHome Virtual Listed on: 05/22/2025

NextHome Virtual

Last Buyer's Agent

Makura Casias

Keller Williams Realty Southwest Associates, LLC - Montrose

Keller Williams Realty Southwest Associates, LLC - Montrose

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,095

Year Built

  • Built in 1997

Lot Details

  • 1 Acre Lot
  • Corner Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,401 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Shed
  • Outdoor Gas Grill

Schools

  • Olathe K-5 Elementary School
  • Olathe 6-8 Middle School
  • Olathe 9-12 High School

Utilities

  • Evaporated cooling system
  • Hot Water Baseboard Heater
  • Heating System Uses Natural Gas
  • Heating System Uses Wood
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Tank
  • Septic System
  • Internet Available

Community Details

  • Association fees include irrigation
  • Terrace Heights HOA

Listing and Financial Details

  • Assessor Parcel Number 372303201001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,095

Year Built

Built in 1997

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Microwave
  • Estimated Total Acres: 1.003
  • Class: RESIDENTIAL
  • Em Deposit: 3,000
  • Em Holder: Land Title
  • Exterior Inclusions: Shed/Storage, Gas Grill, Hot Tub
  • Interior Inclusions: Wood Stove
  • Legal Lot Block: Subd: TERRACE HEIGHTS SUBD FILING NO 1 Lot: 1 S: 3 T: 50 R: 10
  • Lot Size Acreage: 1-1.99
  • Parcel Id Number: 372303201001
  • Price Per Sq Ft: 345.47
  • Property Description: Corner
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Sale/Rent: For Sale
  • Siding: Vinyl
  • Sold Price Sq Ft: 345.47
  • Street Descriptionaccess: County, Public
  • Zoning: Residential Single Family
  • Type: Stick Built
  • HOA Fees: Yes
  • Internet Provider: Mountain Broadband
  • Internet Service: Yes
  • Total Taxes Dollar: 1095.28
  • Year Built: 1997
  • Foreign Owned Y N: No
  • Prop Description Remarks: 3 Bed 2 Bath in Olathe, Colorado a peaceful haven set on an acre of beautiful Western Slope land, where open skies and quiet country living come together. This inviting property offers a great combination of space and comfort, both inside and out. The home features a warm and thoughtfully designed interior, with generously sized living areas bathed in natural light, creating a cozy yet open atmosphere perfect for everyday living or entertaining guests. Soft, neutral tones and natural textures throughout the home evoke a sense of calm and ease, while the spacious kitchen and inviting living room make it easy to call home, the spacious rooms give great space for privacy and growth. Step outside, and you’ll find room to roam, garden, or simply sit back and enjoy the wide-open surroundings. A standout feature is the 60X30 insulated and heated metal building ideal for a workshop, storage or a hobby space, offering year-round functionality and incredible versatility. Located just minutes from the heart of Olathe, this property offers the peace of rural life with convenient access to nearby towns and services.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Dining Room: Kitchen/Dining
  • Bedrooms: 3
  • Flooring: Carpet-Partial, Laminate
  • Estimated Total Sq Ft: 1401
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Fireplace Location Type: Living Room
  • Foundation: Crawl Space
  • Total Office Den: 0

Exterior Features

  • Windows: Double Pane
  • Construction Type: Wood Frame
  • Exterior Structures: Garage, Metal Building, Shed
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Electric, Natural Gas, Internet
  • Cooling: Evaporative Cooler
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Heating System: Hot Water Baseboard, Wood Stove
  • Sewer Supplier: Septic
  • Water Heater: Gas Water Heater, Tankless
  • Water Supplier: Tri-County Water Conservancy

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Irrigation
  • Hoametro Fees: 100
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: Terrace Heights

Schools

  • High School: Olathe 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Olathe K-5
  • Middle School: Olathe 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2012
Sold by
Conner Scott L
Bought by
Ragsdale Radney G and Ragsdale Susan A
Current Estimated Value
$473,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,171
Outstanding Balance
$19,059
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$454,232

Purchase Details

Closed on
May 1, 2002
Sold by
Tomlinson Matt J and Tomlinson Jennifer J
Bought by
Harris Joy Ann

Purchase Details

Closed on
Jan 6, 1998
Sold by
Powell Don and Powell Gloria
Bought by
Tomlinson Matt J and Tomlinson Jennifer J

Purchase Details

Closed on
Feb 14, 1997
Sold by
Hulen Penn Development Corp
Bought by
Powell Don and Powell Gloria K
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Personal Reps Deed $159,200 Land Title
Warranty Deed $129,900 --
Deed $118,000 --
Deed $29,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $119,171 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2025 08/08/25 Sold $484,000 -2.0% $345 / Sq Ft
07/08/2025 07/08/25 Pending -- -- --
06/18/2025 06/18/25 For Sale $494,000 0.0% $353 / Sq Ft
06/05/2025 06/05/25 Pending -- -- --
05/22/2025 05/22/25 For Sale $494,000 -- $353 / 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 $1,095 $22,330 $5,440 $16,890
2023 $1,095 $26,990 $6,570 $20,420
2022 $1,158 $18,400 $3,290 $15,110
2021 $1,197 $18,920 $3,380 $15,540
2020 $1,042 $16,820 $2,930 $13,890
2019 $1,049 $16,820 $2,930 $13,890
2018 $971 $15,140 $2,460 $12,680
2017 $969 $15,140 $2,460 $12,680
2016 $954 $15,180 $2,270 $12,910
2015 $855 $14,770 $2,270 $12,500
2014 $673 $12,450 $2,070 $10,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 824471

Colorado Real Estate Network (CREN)

APN: R0013797