NOT LISTED FOR SALE

40435 Stewart Mesa Rd Paonia, CO 81428

Estimated Value: $431,000 - $495,000

2 Beds
1 Bath
1,040 Sq Ft
$449/Sq Ft Est. Value

Last Sold January 25, 2024

Last sale price $420,000 $404 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,620/month

97 Days on Market

Highlights

  • Horses Allowed On Property
  • 1 Car Detached Garage
  • 8 Irrigated Acres
  • 13.72 Acre Lot
  • Shed
  • 1-Story Property

About This Home

As of January 2024

Seller offering 2% to assist with financing! A Haven of Tranquility and Sustainable Living at the base of Mount Lamborn. Experience the perfect blend of privacy, natural beauty, and eco-conscious living in this charming 2-bedroom, 1-bathroom farm home, nestled on 13.72 acres in the heart of Colorado's Western Slope. Key Features: Historic Beauty: This 1910 bungalow, spanning 1,040 sq ft, is a harmonious blend of rustic charm and modern convenience. With an open floor plan, original wood floors, and a beautifully remodeled bathroom, this home is a nod to its rich history while offering contemporary comfort. Captivating Surroundings: The property boasts stunning views of lush landscapes, with the majestic Mount Lamborne as a backdrop. Nearby vineyards and abundant lush organic farms embrace the spirit of the area's rich agricultural heritage. Ample Amenities: Featuring a large detached garage, functional barns, a chicken coop, and expansive pastures. The inclusion of a pond and water rights enhances its appeal for those interested in gardening or small-scale farming. Prime Location: Located in the serene North Fork Valley, renowned for its vibrant community and commitment to sustainable and organic practices. The North Fork Valley Lifestyle: Eco-Friendly Community: Embrace life in an area celebrated for its commitment to organic farming and sustainable living. The North Fork Valley is a hub for organic produce, artisanal foods, and a community deeply connected to the land. Cultural Richness: Paonia, a gem in the valley, is known for its artistic soul and friendly community. Engage with local artists, enjoy seasonal festivals, and partake in community events that reflect a deep appreciation for the environment and local culture. Your Sustainable Dream Home: With 8.00 acres of irrigable land and 5 shares in the Minnesota Ditch, this property is a canvas for those who dream of a self-sufficient lifestyle. Cultivate your own organic garden, raise livestock, or simply relish the privacy and beauty of your surroundings. A Home for Nature Lovers and Cultural Enthusiasts: Offered by the Veteran's Housing Network, this property is an ideal match for anyone, from military families to nature enthusiasts and cultural aficionados, seeking a life in harmony with nature and community.

Last Agent to Sell the Property

Michelle Roberts

Lovemore Real Estate Listed on: 09/18/2023

Last Buyer's Agent

Patrice Floyd

Elite Real Estate Partners, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $815

Year Built

  • Built in 1910

Lot Details

  • 13.72 Acre Lot
  • Partially Fenced Property
  • Barbed Wire

Parking

  • 1 Car Detached Garage

Home Design

  • Stick Built Home

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Window Treatments

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Irrigation Water Rights
  • Water Heater
  • Septic Tank
  • Septic System
  • Internet Available

Additional Features

  • Shed
  • 8 Irrigated Acres
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 324518200027

Home Details

Home Type

Single Family

Est. Annual Taxes

$815

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher
  • Estimated Irrigation Acres: 8
  • Estimated Total Acres: 13.72
  • Class: RESIDENTIAL
  • Em Deposit: 5000
  • Em Holder: Title Company
  • Horse Setup: Yes
  • Interior Inclusions: Window Coverings
  • Legal Lot Block: 40435 Stewart Mesa Rd Paonia 81428 S: 18 T: 14S R: 91W Subdivision: Rural Area , Total Ac 13.72+- Pt E4n2nw4 Sec 18 T14s R91w
  • Lot Size Acreage: 10 - 19.99
  • Parcel Id Number: 324518200027
  • Price Per Sq Ft: 403.85
  • Real Estate Included: Yes
  • Realist Id: 3245-182-00-027
  • Residence Stories: One Story
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 403.85
  • Street Designation: Drive
  • Type: Stick Built
  • Internet Provider: Elevate
  • Internet Service: Yes
  • Total Taxes Dollar: 814.72
  • Year Built: 1910
  • Foreign Owned Y N: No
  • Prop Description Remarks: Seller offering 2% to assist with financing! A Haven of Tranquility and Sustainable Living at the base of Mount Lamborn. Experience the perfect blend of privacy, natural beauty, and eco-conscious living in this charming 2-bedroom, 1-bathroom farm home, nestled on 13.72 acres in the heart of Colorado's Western Slope. Key Features: Historic Beauty: This 1910 bungalow, spanning 1,040 sq ft, is a harmonious blend of rustic charm and modern convenience. With an open floor plan, original wood floors, and a beautifully remodeled bathroom, this home is a nod to its rich history while offering contemporary comfort. Captivating Surroundings: The property boasts stunning views of lush landscapes, with the majestic Mount Lamborne as a backdrop. Nearby vineyards and abundant lush organic farms embrace the spirit of the area's rich agricultural heritage. Ample Amenities: Featuring a large detached garage, functional barns, a chicken coop, and expansive pastures. The inclusion of a pond and water rights enhances its appeal for those interested in gardening or small-scale farming. Prime Location: Located in the serene North Fork Valley, renowned for its vibrant community and commitment to sustainable and organic practices. The North Fork Valley Lifestyle: Eco-Friendly Community: Embrace life in an area celebrated for its commitment to organic farming and sustainable living. The North Fork Valley is a hub for organic produce, artisanal foods, and a community deeply connected to the land. Cultural Richness: Paonia, a gem in the valley, is known for its artistic soul and friendly community. Engage with local artists, enjoy seasonal festivals, and partake in community events that reflect a deep appreciation for the environment and local culture. Your Sustainable Dream Home: With 8.00 acres of irrigable land and 5 shares in the Minnesota Ditch, this property is a canvas for those who dream of a self-sufficient lifestyle. Cultivate your own organic garden, raise livestock, or simply relish the privacy and beauty of your surroundings. A Home for Nature Lovers and Cultural Enthusiasts: Offered by the Veteran's Housing Network, this property is an ideal match for anyone, from military families to nature enthusiasts and cultural aficionados, seeking a life in harmony with nature and community.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Bedrooms: 2
  • Estimated Total Sq Ft: 1040
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Main Level Sq Ft: 1040
  • Total Office Den: 0

Exterior Features

  • Fence: Barbed Wire, Partial Property
  • Exterior Structures: Garage, Shed

Garage/Parking

  • Garage Type: Detached Garage
  • Garage: Yes
  • Garage Capacity: 1

Utilities

  • Utilities: Electric
  • Electric Supplier: Delta-Montrose Electric Association
  • Irrigation Water Description Amount: 5 shares
  • Irrigation Water District: Minnesota Ditch
  • Sewer Supplier: Septic
  • Water Heater: Electric Water Heater
  • Water Rights Irrigation: Yes
  • Water Supplier: Stewart Mesa 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: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2023
Closed on
Jan 25, 2024
Sold by
Keim Jonas J and Keim Ella A
Bought by
Mcpherson Stephen and Mcpherson Jolyn
Seller's Agent
Michelle Roberts
Lovemore Real Estate
Buyer's Agent
Patrice Floyd
Elite Real Estate Partners, LLC
List Price
$465,000
Sold Price
$420,000
Premium/Discount to List
-$45,000
-9.68%
Views
122
Current Estimated Value
$467,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,449
Avg. Annual Appreciation
4.99%

Purchase Details

Closed on
Mar 25, 2019
Sold by
Peaceful Acres Property Land Trust
Bought by
Keim Jonas J and Keim Ella A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,250
Interest Rate
4.4%

Purchase Details

Closed on
Jul 16, 2018
Sold by
Peaceful Acres Property Land Trust
Bought by
Peaceful Acres Property Land Trust and Paonia 13 Llc

Purchase Details

Closed on
Jun 15, 2018
Sold by
L J B Revocable Living Trust
Bought by
Peaceful Acres Property Land Trust

Purchase Details

Closed on
Jun 1, 2017
Sold by
Brinkerhoff Laura J
Bought by
L J B Revocable Living Trust

Purchase Details

Closed on
May 2, 2008
Sold by
My Savers Llc
Bought by
Brinkerhoff Laura J

Purchase Details

Closed on
May 9, 2007
Sold by
Brinkerhoff Laura J
Bought by
My Savers Llc
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
Mcpherson Stephen -- None Listed On Document
Mcpherson Stephen $420,000 Land Title
Keim Jonas J -- None Available
Keim Jonas J $275,000 Land Title Guarantee Co
Peaceful Acres Property Land Trust -- Land Title Guarantee Co
Peaceful Acres Property Land Trust $212,500 Land Title Guarantee Co
L J B Revocable Trust -- Land Title Guarantee Co
L J B Revocable Living Trust -- None Available
Brinkerhoff Laura J -- None Available
My Savers Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keim Jonas J $262,000
Previous Owner Keim Jonas J $261,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2024 01/25/24 Sold $420,000 -9.7% $404 / Sq Ft
12/24/2023 12/24/23 Pending -- -- --
09/18/2023 09/18/23 For Sale $465,000 -- $447 / 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 $935 $14,382 $1,721 $12,661
2023 $935 $14,382 $1,721 $12,661
2022 $815 $12,733 $1,567 $11,166
2021 $851 $13,640 $1,722 $11,918
2020 $822 $12,963 $1,465 $11,498
2019 $808 $12,963 $1,465 $11,498
2018 $474 $7,238 $1,867 $5,371
2017 $420 $7,238 $1,867 $5,371
2016 $427 $7,659 $1,533 $6,126
2014 -- $6,913 $1,030 $5,883
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 808022

Colorado Real Estate Network (CREN)

APN: R009601