NOT LISTED FOR SALE

40818 German Creek Dr Paonia, CO 81428

Estimated Value: $612,000 - $798,000

4 Beds
2.5 Baths
2,426 Sq Ft
$292/Sq Ft Est. Value

Last Sold October 21, 2020

Last sale price $440,000 $181 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,078/month

71 Days on Market

Highlights

  • Horses Allowed On Property
  • RV or Boat Parking
  • Deck
  • Home Theater
  • Mountain View
  • Cathedral Ceiling

About This Home

As of October 2020

The classic Country estate on small irrigated acreage five minutes from downtown Paonia. You'll know this is where you want to live before you stop the car. The dormer windows on the second level have already caught your eye as you drive up. Then the lawn, the trees, and landscaping invite you to take the wide steps up to the porch across the entire front of the home that makes you want to pause and enjoy the first impression. When you open the door, it keeps on getting better. Hardwood floors just glide past the home office and powder room into the Massive Great Room with 15' ceilings and a wall of windows taking in a West Elk Mountain vista you'll never grow tired of. You're torn between whether to see the rest of the interior or step outside again onto the massive rear deck to enjoy not only the mountain views but also the newly planted lawn, the mature trees, and lilac hedges, enclosed with your dog tight chain link fence. Don't take too long because you've got to go through the double doors to see the 700 square foot master suite with large bedroom, luxurious bath with spa tub, two sided walk-in closet and through its French Doored exit onto the deck. The Great Room includes the well designed kitchen with beautiful cabinets and counters, a breakfast bar, and dining area. The entire layout begs for entertaining large parties of family and friends that flow from the inside to the outside. The laundry room just off the kitchen with a custom built dog area has 3 directions to go: an oversized two car garage with shop space, an extra large pantry, or a stairway to the 26' x 13' family room that doubles as the guest bedroom complete with a Murphy bed and a projection system for television or movies. Walking back through the Great Room, you'll love the balcony that overlooks it. Take the stairs up to the other two bedrooms and full bath. All upstairs rooms in either wing take advantage of the 2nd floor roof design with extra closets and storage room. The home office downstairs at the entrance offers privacy from the family activity in the living areas and also has plenty of room. The grounds are irrigated with a sprinkler system fed with water from the Minnesota Canal and Ditch Company and there's still lots of space, good soil, and water for you to add your own touch to more landscaping or vegetable gardens and fruit trees that could feed the whole neighborhood. The covenants provide for horses, chickens, and other animals if you are so inclined. So much more, but you need to see it for yourself.

Last Agent to Sell the Property

Dave Mitchell

WesternColoradoRealty.com Listed on: 07/15/2020

Last Buyer's Agent

Myles Roberts

WesternColoradoRealty.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 2000

Lot Details

  • 1.3 Acre Lot
  • Lot Dimensions are 301.72' x 187.73'
  • Back Yard Fenced
  • Chain Link Fence
  • Landscaped
  • Corners Of The Lot Have Been Marked
  • Sprinkler System
  • Cleared Lot

Home Design

  • Farmhouse Style Home
  • Concrete Foundation
  • Raised Foundation
  • Metal Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Great Room
  • Family Room
  • Combination Kitchen and Dining Room
  • Home Theater
  • 1 Home Office
  • Mountain Views
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • RV or Boat Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Schools

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

Farming

  • 1 Irrigated Acre
  • Cattle
  • Hogs
  • Sheep or Goats

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Evaporated cooling system
  • Hot Water Baseboard Heater
  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Irrigation Water Rights
  • Gas Water Heater
  • Septic Tank
  • Septic System
  • Internet Available
  • Phone Available

Community Details

  • Property has a Home Owners Association
  • Association fees include irrigation
  • Garlic Farm Minor Subdivision HOA

Listing and Financial Details

  • Assessor Parcel Number 324507114003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,500

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Microwave
  • Estimated Irrigation Acres: 1
  • Estimated Total Acres: 1.3
  • Class: RESIDENTIAL
  • Elevation: 5800
  • Em Deposit: 5000
  • Em Holder: title company
  • Exterior Inclusions: Shed/Storage, Landscaping, Irrigation Water, Deck, Lawn Sprinklers, Irrigation Pump, Covered Porch
  • Fronts: German Creek
  • Interior Inclusions: Cathedral Ceiling, Ceiling Fan(s), W/D Hookup, Jetted Tub, Pantry, Walk In Closet, Garage Door Opener, Media Room, Heated Garage
  • Legal Lot Block: Garlic Farm Minor Subdivision Lot 3 Section 7 T14S R91W Together with all water and water rights including but not limited to one (1) Town of Paonia Domestic Water tap and one (1) Share Minnesota Ditch and Reservoir without warranty.
  • List Price per Sq Ft: 193.73
  • Livestock Allowed: Cattle, Horses, Poultry, Sheep, Swine
  • Lot Dimension: 301.72' x 187.73'
  • Lot Size Acreage: 1-1.99
  • Parcel Id Number: 324507114003
  • Price Per Sq Ft: 181.37
  • Property Attached: Yes
  • Property Description: Cleared, Boundaries Surveyed, Corners Marked
  • Real Estate Included: Yes
  • Realist Id: 3245-071-14-003
  • Residence Stories: Two Story
  • Residence Style: Farm House
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Vinyl
  • Sold Price Sq Ft: 181.37
  • Street Descriptionaccess: County, Paved, Shared Drive, 150'+ Frontage
  • Street Designation: Drive
  • Tax Account Id: R017703
  • Type: Stick Built
  • Internet Provider: Elevate
  • Internet Service: Yes
  • Total Taxes Dollar: 1500
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Kitchen Bar, Kitchen/Dining
  • Dining Room: Yes
  • Bedrooms: 4
  • Flooring: Carpet-Partial, Hardwood, Vinyl
  • Estimated Total Sq Ft: 2426
  • Bathrooms Description: 2 full one powder room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 3
  • Family Room: Yes
  • Foundation: Stemwall, Crawl Space, Concrete
  • Great Room: Yes
  • Main Level Sq Ft: 1552
  • Master Bedrm Dimensions: 15' x 16'10"
  • Master Bedroom Level: Lower Level
  • Office Den Dimensions: 12' x 13'8"
  • Total Office Den: 1
  • Upper Level Sq Ft: 874

Exterior Features

  • Fence: Chain Link, Partial Property, Fenced - Back
  • Windows: Double Pane, Low Emittance
  • Construction Type: Wood Frame
  • Exterior Structures: Shed
  • Roof: Metal
  • Views: Mountains

Garage/Parking

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

Utilities

  • Utilities: Electric, Natural Gas, Internet, Phone - Landline
  • Cooling: Evaporative Cooler
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Heating System: Hot Water Baseboard, Boiler
  • Irrigation Water Description Amount: One share
  • Irrigation Water District: Minnesota Creek
  • Laundry Util Dimensions: 9'8" x 7'9"
  • Sewer Supplier: Septic
  • Water Heater: Gas Water Heater
  • Water Rights Irrigation: Yes
  • Water Supplier: Town of Paonia

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Irrigation
  • Hoa Name: Garlic Farm Minor Subdivision

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: 2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2022
Sold by
Rbvnfv Llc
Bought by
Riley Michelle
Current Estimated Value
$705,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,240
Outstanding Balance
$399,095
Interest Rate
3.2%
Mortgage Type
Seller Take Back
Estimated Equity
$312,870

Purchase Details

Listed on
Jul 15, 2020
Closed on
Oct 21, 2020
Sold by
Pack Jin Ho D and Pack Christopher
Bought by
Rbvnfv Llc
Seller's Agent
Dave Mitchell
WesternColoradoRealty.com
Buyer's Agent
Myles Roberts
WesternColoradoRealty.com
List Price
$518,000
Sold Price
$440,000
Premium/Discount to List
-$78,000
-15.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.50%

Purchase Details

Listed on
Jul 15, 2020
Closed on
Oct 20, 2020
Sold by
Pack Jon Ho D and Pack Christopher
Bought by
Rbvnfv Llc
Seller's Agent
Dave Mitchell
WesternColoradoRealty.com
Buyer's Agent
Myles Roberts
WesternColoradoRealty.com
List Price
$518,000
Sold Price
$440,000
Premium/Discount to List
-$78,000
-15.06%

Purchase Details

Closed on
Sep 7, 2017
Sold by
Holt Clara R
Bought by
Pack Jin Ho D and Pack Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,933
Interest Rate
3.92%
Mortgage Type
VA

Purchase Details

Closed on
Mar 21, 2000
Sold by
Klein Johannes George
Bought by
Pack Jin Ho D and Pack Holt

Purchase Details

Closed on
Jan 28, 1989
Sold by
Klein and Stevens
Bought by
Klein Pack Jin Ho D and Klein Pack
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
Riley Michelle $441,816 --
Riley Michelle -- --
Rbvnfv Llc $440,000 Heritage Title Company
Rbvnfv Llc -- Heritage Title Co
Pack Jin Ho D $369,000 Heritage Title Co
Pack Jin Ho D $42,500 --
Klein Pack Jin Ho D $99,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riley Michelle $425,240
Previous Owner Pack Jin Ho D $376,933
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2020 10/21/20 Sold $440,000 -6.4% $181 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
09/12/2020 09/12/20 Price Changed $470,000 -4.1% $194 / Sq Ft
08/06/2020 08/06/20 Price Changed $490,000 -5.4% $202 / Sq Ft
07/15/2020 07/15/20 For Sale $518,000 -- $214 / 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 $2,825 $43,457 $7,090 $36,367
2023 $2,825 $43,457 $7,090 $36,367
2022 $2,225 $34,771 $6,497 $28,274
2021 $2,232 $35,772 $6,684 $29,088
2020 $1,688 $26,626 $5,570 $21,056
2019 $1,661 $26,626 $5,570 $21,056
2018 $944 $21,606 $5,609 $15,997
2017 $836 $21,606 $5,609 $15,997
2016 $775 $21,866 $3,590 $18,276
2014 -- $22,883 $4,406 $18,477
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 772213

Colorado Real Estate Network (CREN)

APN: R017703