NOT LISTED FOR SALE

405 N Coffman Ln Olathe, CO 81425

Estimated Value: $295,000 - $345,000

3 Beds
1 Bath
1,308 Sq Ft
$238/Sq Ft Est. Value

Last Sold October 02, 2021

Last sale price $250,000 $191 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,780/month

11 Days on Market

Highlights

  • Horses Allowed On Property
  • Wood Burning Stove
  • Ranch Style House
  • Mountain View
  • Den with Fireplace
  • Corner Lot

About This Home

As of October 2021

Great country setting with a quiet atmosphere and elbow room. A diamond in the rough with plenty of potential to add on and have your farm animals. This quaint home and irrigated property has beautiful views and lots of love to share. Come check it out and and find your freedom with NO COVENANTS!

Last Agent to Sell the Property

Emalee Morris

Remax Rise Up Listed on: 07/29/2021

Remax Rise Up

Last Buyer's Agent

Mark Covington

RE/MAX Alpine View

RE/MAX Alpine View

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $758

Year Built

  • Built in 1959

Lot Details

  • 1.5 Acre Lot
  • Barbed Wire
  • Corner Lot
  • Irrigation

Home Design

  • Ranch Style House
  • Studio
  • Metal Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 1,308 Sq Ft Home
  • Wood Burning Stove
  • Den with Fireplace
  • Mountain Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • 2 Carport Spaces

Schools

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

Farming

  • 2 Irrigated Acres
  • Pasture
  • Cattle
  • Hogs
  • Sheep or Goats

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Wood
  • Irrigation Water Rights
  • Gas Water Heater
  • Septic Tank
  • Septic System
  • Internet Available

Additional Features

  • Shed
  • Horses Allowed On Property

Community Details

  • Property has a Home Owners Association
  • Association fees include irrigation
  • Coffman Lane Water Association

Listing and Financial Details

  • Assessor Parcel Number 372309400007

Home Details

Home Type

Single Family

Est. Annual Taxes

$758

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Appliance Inclusions: Refrigerator, Washer, Dryer, Range/Oven
  • Estimated Irrigation Acres: 1.5
  • Estimated Total Acres: 1.5
  • Class: RESIDENTIAL
  • Em Deposit: 2500.00
  • Em Holder: Colorado Title & Closing
  • Exterior Inclusions: Shed/Storage, Irrigation Water
  • Horse Setup: Yes
  • Legal Lot Block: S: 9 T: 50 R: 10 S2FOL DES TR LD S 3A OF W 5A OF N2NW4SE4 9-50-10 EXC STRIP 12 FT W & 20 RDS LG ON S EDGE OF SD 3A
  • List Price per Sq Ft: 225.54
  • Livestock Allowed: Cattle, Horses, Poultry, Sheep, Swine
  • Lot Size Acreage: 1-1.99
  • Parcel Id Number: 372309400007
  • Price Per Sq Ft: 191.13
  • Property Attached: Yes
  • Property Description: Pasture, Corner
  • Real Estate Included: Yes
  • Realist Id: 3723-094-00-007
  • Residence Stories: One Story
  • Residence Style: Ranch, Studio
  • Sale/Rent: For Sale
  • Siding: Stucco
  • Sold Price Sq Ft: 191.13
  • Street Descriptionaccess: City/Town
  • Street Designation: Lane
  • Zoning: Residential Single Family
  • Type: Stick Built
  • HOA Fees: Yes
  • Internet Service: Yes
  • Total Taxes Dollar: 757.84
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Dining Room: Eat-in Kitchen
  • Bedrooms: 3
  • Flooring: Carpet-Partial, Laminate
  • Estimated Total Sq Ft: 1308
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 1
  • Fireplace Location Type: Den/Family Room
  • Foundation: Crawl Space
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Fence: Barbed Wire
  • Construction Type: Concrete/Block
  • Exterior Structures: Shed, Garage
  • Roof: Metal
  • Views: Mountains

Garage/Parking

  • Carport: Yes
  • Carport Spaces: 2

Utilities

  • Utilities: Electric, Natural Gas
  • Cooling: Window A/C Unit(s)
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Heating System: Wood Stove, Forced Air
  • Irrigation Water Description Amount: 1.3
  • Irrigation Water District: UVWU
  • Sewer Supplier: Septic
  • Water Heater: Electric Water Heater, Gas Water Heater
  • Water Rights Irrigation: Yes
  • Water Supplier: Chipeta Water District

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Irrigation
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: Coffman Lane Water Association

Schools

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

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Sep 27, 2021
Sold by
Meineke Bob C
Bought by
Nicolas Ronald Mike
Seller's Agent
Emalee Morris
Remax Rise Up
Buyer's Agent
Mark Covington
RE/MAX Alpine View
List Price
$305,000
Sold Price
$250,000
Premium/Discount to List
-$55,000
-18.03%
Current Estimated Value
$311,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,144
Avg. Annual Appreciation
6.01%
Original Mortgage
$245,471
Outstanding Balance
$226,261
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$87,586

Purchase Details

Closed on
Dec 22, 1972
Sold by
Hoskins Leo A and Hoskins June
Bought by
Meineke Bob C and Meineke Bettie Ann
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
Nicolas Ronald Mike $250,000 Colorado Ttl & Closing Svcs
Meineke Bob C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicolas Ronald Mike $245,471
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2021 10/02/21 Sold $250,000 -15.3% $191 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
08/02/2021 08/02/21 Price Changed $295,000 -3.3% $226 / Sq Ft
07/29/2021 07/29/21 For Sale $305,000 -- $233 / 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 $1,019 $14,540 $4,960 $9,580
2023 $1,019 $18,910 $6,450 $12,460
2022 $748 $11,890 $3,290 $8,600
2021 $387 $12,230 $3,380 $8,850
2020 $347 $11,200 $3,160 $8,040
2019 $349 $11,200 $3,160 $8,040
2018 $314 $9,790 $2,650 $7,140
2017 $313 $9,790 $2,650 $7,140
2016 $299 $9,510 $2,550 $6,960
2015 $551 $9,510 $2,550 $6,960
2014 $492 $9,100 $2,550 $6,550
Source: Public Records

Agents Affiliated with this Home

  • Emalee Morris

    Seller's Agent in 2021

    Emalee Morris

    Remax Rise Up

    (970) 275-2189

    67 Total Sales

    Emalee Morris
    Section Image
  • Mark Covington

    Buyer's Agent in 2021

    Mark Covington

    RE/MAX

    (970) 209-1956

    238 Total Sales

    Mark Covington
    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 785177

Colorado Real Estate Network (CREN)

APN: R0008516

Colorado Montrose County Olathe 81425

405 N Coffman Ln, Olathe, CO

This home is located at 405 N Coffman Ln, Olathe, CO 81425 since 29 July 2021 and is currently estimated at $311,144, approximately $237 per square foot. This property was built in 1959. 405 N Coffman Ln is a home located in Montrose County with nearby schools including Olathe Elementary School, Olathe Middle and High School, and Olathe Middle School.

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.

Colorado Real Estate Network (CREN) IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

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