NOT LISTED FOR SALE

425 Crest Dr Cimarron, CO 81220

Estimated Value: $80,000

1 Acre
$80,000 Price per Acre
43,560 Sq Ft Lot

Last Sold November 17, 2022

Last sale price $30,000

Est. 167% increase in value since last sale

Current estimated payment $501/month

123 Days on Market

Highlights

  • Wooded Lot
  • Adjacent to Greenbelt
  • Level Lot

About This Lot

As of November 2022

Motivated Seller ready to sell below market value. Easy access level lot with a beautiful mix of aspen and pine trees. Close to water and electric connections. Common driveway already established on side of this lot. Fishing permitted in 3 nearby private lakes. Blue Mesa Reservoir, BLM and Forest Service land all nearby for your recreational enjoyment.

Last Agent to Sell the Property

Lucia Lebon

Arrowhead Ranch Real Estate Listed on: 06/27/2022

Last Buyer's Agent

Lucia Lebon

Arrowhead Ranch Real Estate Listed on: 06/27/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $266

Lot Details

  • 1 Acre Lot
  • Adjacent to Greenbelt
  • Level Lot
  • Wooded Lot

HOA Fees

  • $40 Monthly HOA Fees

Utilities

  • Phone Available

Community Details

  • Association fees include road maintenance
  • Arrowhead Improvements Assoc. HOA

Listing and Financial Details

  • Security Deposit $2,000
  • Assessor Parcel Number 398536002033

Property Details

Property Type

Land

Est. Annual Taxes

$266

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Class: Land
  • Em Holder: title company
  • Legal Lot Block: Lot 9, Blk 4, Filing 3
  • Lot Dimension: 1 circular acre
  • Lot Size Acreage: 1-5 Acres
  • Parcel Id Number: 398536002033
  • Property Description: Wooded Lot, Adj To Greenbelt
  • Street Descriptionaccess: Private, Gravel, Private Winter Maintenanc
  • Street Designation: Drive
  • Zoning: Residential Single Family
  • HOA Fee Frequency: Annually
  • Domestic Water: Public, Tap Available
  • Type: Mountain Property
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 1
  • Current Property Use: Mountain Recreation
  • Em Deposit: 2,000.00
  • Possible Property Use: Residential Single Family, Mountain Recreation
  • Topography: Level
  • Price per Sq Ft: 0.78
  • Sold Priceacre: 30000
  • Water Tap Available: Yes
  • Access: Year Round
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Total Taxes Dollar: 266.00
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Utilities

  • Utilities: Electricity Near, Phone Near, Phone - Landline, Phone - Cell Reception
  • Electric Supplier: Gunnison County Electric Association
  • Water Supplier: Arrowhead Ranch Water Company

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Road Maintenance
  • Hoametro Fees: $480/yr
  • Hoa Name: Arrowhead Improvements Assoc.

Schools

  • High School: Out of Area

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2021

MLS Schools

  • Elementary School: Out of Area
  • Middle School: Out of Area

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Nov 17, 2022
Sold by
Bates Michael A
Bought by
Martinez James F and Martinez Vincent R
Seller's Agent
Lucia Lebon
Arrowhead Ranch Real Estate
Buyer's Agent
Lucia Lebon
Arrowhead Ranch Real Estate
List Price
$49,900
Sold Price
$30,000
Premium/Discount to List
-$19,900
-39.88%
Current Estimated Value
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,000
Avg. Annual Appreciation
35.35%
Original Mortgage
$15,000
Outstanding Balance
$918
Interest Rate
7%
Mortgage Type
Seller Take Back
Estimated Equity
$79,082

Purchase Details

Closed on
Oct 22, 2021
Sold by
Bates Robert E and Bates Melanie A
Bought by
Bates Michael A

Purchase Details

Closed on
Aug 6, 1998
Sold by
Squirrell James F
Bought by
Cruz Lisa R
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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Purchase History

Date Buyer Sale Price Title Company
Martinez James F $30,000 --
Bates Michael A -- None Listed On Document
Cruz Lisa R $19,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez James F $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2022 11/17/22 Sold $30,000 -11.8% --
10/28/2022 10/28/22 Pending -- -- --
09/19/2022 09/19/22 Price Changed $34,000 -12.8% --
08/13/2022 08/13/22 Price Changed $39,000 -13.1% --
07/10/2022 07/10/22 Price Changed $44,900 -10.0% --
06/27/2022 06/27/22 For Sale $49,900 -- --
Source: Colorado Real Estate Network (CREN)

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 $550 $9,770 $9,770 $0
2023 $486 $9,770 $9,770 $0
2022 $280 $5,480 $5,480 $0
2021 $266 $5,480 $5,480 $0
2020 $252 $5,080 $5,080 $0
2019 $245 $5,080 $5,080 $0
2018 $249 $5,080 $5,080 $0
2017 $247 $5,080 $5,080 $0
2016 $335 $6,960 $6,960 $0
Source: Public Records

Agents Affiliated with this Home

  • Lucia Lebon

    Seller's Agent in 2022

    Lucia Lebon

    Arrowhead Ranch Real Estate

    (970) 209-4589

    115 Total Sales

    Lucia Lebon
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 795380

Colorado Real Estate Network (CREN)

APN: R016441

Colorado Gunnison County Cimarron 81220

425 Crest Dr, Cimarron, CO

Not Listed for Sale

Lots

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