$395,000
PENDING $30K PRICE DROP

40532 M75 Rd Paonia, CO 81428

Estimated payment $2,686/month

Total Views 10,229
9 Acres
$43,407 Price per Acre
396,396 Sq Ft Lot

Highlights

  • Horses Allowed On Property
  • Mountain View
  • Cattle
  • Home fronts a pond
  • Corner Lot
  • 2 Irrigated Acres

About This Lot

Build your new home on this lovely acreage just south of Paonia! The 9.1-acre Stewart Mesa property comes with a spectacular close-up view of Mt. Lamborn and the North Fork Valley, along with several excellent building sites, irrigation, three functioning ponds and a fourth pond already excavated. Approximately one-third of the property is wetlands and wildlife habitat. A 4,400-sq ft metal warehouse building with in-floor heat brings myriad possibilities for running a business or homesteading. Please see Seller Remarks in Associated Docs for detailed information regarding utilities, irrigation system and domestic water.

Listing Agent

Carrie Soto

RE/MAX Mountain West, Inc. - Paonia

RE/MAX Mountain West, Inc. - Paonia

Property Details

Property Type

  • Land

Year Built

  • 2008

Lot Details

  • 9.1 Acre Lot
  • Lot Dimensions are 623 x 623
  • Home fronts a pond
  • Barbed Wire
  • Corner Lot
  • Level Lot
  • Property is zoned Agriculture

Property Views

  • Mountain
  • Valley

Farming

  • 2 Irrigated Acres
  • Cattle
  • Sheep or Goats

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Heating System Powered By Leased Propane
  • Spring water is a source of water for the property
  • Irrigation Water Rights
  • Septic System
  • Internet Available
  • Phone Available

Listing and Financial Details

  • Security Deposit $9,000
  • Assessor Parcel Number 324518100005

Property Details

Property Type

Land

Year Built

2008

Lot Details

0

Listing Details

  • Class: Land
  • Elevation: 5,760
  • Em Holder: RE/MAX Mountain West
  • Horse Setup: Yes
  • Legal Lot Block: See Exhibit A - Legal Description, attached hereto and made a part thereof by reference, together with, without warranty, irrigation water and water rights, pipeline and pipeline rights, diversion structure and diversion rights used in connection with and appurtenant to, including but not limited to two (2) shares of Minnesota Canal and Reservoir Company
  • Livestock Allowed: Cattle, Horses, Poultry, Sheep
  • Lot Dimension: 623 x 623
  • Lot Size Acreage: 5-10 Acres
  • Parcel Id Number: 324518100005
  • Property Description: Corner
  • Street Descriptionaccess: County, Paved, Dirt
  • Street Designation: Road
  • Tax Account Id: R009593
  • Waterfront Type: Pond
  • Zoning: Agriculture
  • Domestic Sewer: Septic
  • Domestic Water: Spring
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Irrigation Acres: 2
  • Estimated Total Acres: 9.1
  • Em Deposit: 9,000
  • Possible Property Use: Residential Single Family, Ag/Row Crops, Aglivestock, Cattle, Hay Pasture/Prod., Horses, Irrigated Farmland, Orchard, Pasture (irrigated), Poultry, Sheep Ranch, Tree Farm, Vineyard
  • Water Rights Irrigation: Yes
  • Irrigation Systemrights: Gated Pipe
  • Irr Water Descamnt: 2 shares
  • Mineral Rights: Unknown
  • Price Acre: 43406.59
  • Topography: Level, Rolling
  • Modularmobile Allow: Both
  • Price per Sq Ft: 1
  • Total Taxes Dollar: 5945.68
  • Prop Description Remarks: Build your new home on this lovely acreage just south of Paonia! The 9.1-acre Stewart Mesa property comes with a spectacular close-up view of Mt. Lamborn and the North Fork Valley, along with several excellent building sites, irrigation, three functioning ponds and a fourth pond already excavated. Approximately one-third of the property is wetlands and wildlife habitat. A 4,400-sq ft metal warehouse building with in-floor heat brings myriad possibilities for running a business or homesteading. Please see Seller Remarks in Associated Docs for detailed information regarding utilities, irrigation system and domestic water.
  • Special Features: UnderContract
  • Property Sub Type: LotsLands
  • Year Built: 2008

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Fence: Barbed Wire
  • Views: Mountains, Valley
  • Waterfront: Yes

Utilities

  • Utilities: Electricity, Phone, Natural Gas, Internet, Propane-Tank Leased
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Irrigation Water District: Minnesota Canal&Reservoir
  • Water Supplier: Spring

Schools

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

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2024

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2023 $5,946 $91,427 $38,056 $53,371
2022 $4,200 $65,598 $20,677 $44,921
2021 $4,096 $65,598 $20,677 $44,921
2020 $3,796 $59,855 $17,980 $41,875
2019 $3,735 $59,855 $17,980 $41,875
2018 $3,527 $53,798 $17,980 $35,818
2017 $3,124 $53,798 $17,980 $35,818
2016 $2,898 $51,980 $16,856 $35,124
2014 -- $56,489 $17,255 $39,234
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2024 12/05/24 Pending -- -- --
04/27/2024 04/27/24 Price Changed $395,000 -7.1% --
12/06/2023 12/06/23 For Sale $425,000 -- --
Source: Colorado Real Estate Network (CREN)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $177,500 Heritage Title
Warranty Deed $167,034 None Available
Deed $102,000 --
Deed $12,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $152,053 Commercial
Closed $0 Credit Line Revolving
Source: Public Records

Source: Colorado Real Estate Network (CREN)

MLS Number: 809684

Colorado Real Estate Network (CREN)

APN: R009593