NOT LISTED FOR SALE

4632 Colorow Rd Olathe, CO 81425

Estimated Value: $499,000 - $986,000

3 Beds
2 Baths
2,176 Sq Ft
$325/Sq Ft Est. Value

Last Sold March 23, 2016

Last sale price $385,000 $177 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $4,936/month

247 Days on Market

Highlights

  • Corral
  • Mountain View
  • 2 Car Attached Garage
  • 35 Acre Lot
  • Deck
  • Pasture

About This Home

As of March 2016

Step out of the hustle and bustle of the workday and come home to the quiet seclusion of your own style of country living. This 2100+sqft home is located on 35 acres of very productive farm ground. The ground is currently in grass/mix hay and corn, but you can grow whatever you desire, or just lease the ground to your neighbor for added income! Newer, complete irrigation system is in place for your convenience as well. Fruit trees, xeriscape and mature landscaping set the scene for the relaxation you deserve after a long days work. Centrally located between Montrose and Delta, the 3 bed/2 bath home is open and spacious; perfect for relaxed, family living!

Last Agent to Sell the Property

Burton Bullington

Shaffer Real Estate Company Listed on: 06/16/2015

Last Buyer's Agent

Burton Bullington

Shaffer Real Estate Company Listed on: 06/16/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $725

Year Built

  • Built in 2001 | Remodeled in 2006

Lot Details

  • 35 Acre Lot
  • Landscaped
  • Property is zoned Agriculture

Parking

  • 2 Car Attached Garage

Property Views

  • Mountain
  • Valley

Home Design

  • Ranch Property
  • Metal Roof

Interior Spaces

  • 2,176 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Farming

  • Crops Farm
  • 23 Irrigated Acres
  • Hay
  • Pasture
  • Livestock

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Propane
  • Irrigation Water Rights
  • Septic System

Additional Features

  • Deck
  • Corral

Listing and Financial Details

  • Security Deposit $6,000
  • Assessor Parcel Number 372305100010

Home Details

Home Type

Single Family

Est. Annual Taxes

$725

Year Built

Built in 2001 | Remodeled in 2006

Lot Details

0

Listing Details

  • Appliance Inclusions: Refrigerator, Washer, Dishwasher, Dryer, Range/Oven
  • Class: Farmranch
  • Elevation: 5703
  • Em Holder: RE/MAX Alpine View
  • Exterior Inclusions: Deck, Landscaped
  • Fronts: Canal
  • Interior Inclusions: Ceiling Fan(s), W/D Hookup
  • Legal Lot Block: S: 5 T: 50 R: 10 TRT IN GOV LOT 1 & SESE SEC 32-51-10 MB DESC 725233 (04)
  • Lot Size Acreage: 35-50 Acres
  • Parcel Id Number: 372305100010
  • Price Per Sq Ft: 176.93
  • Residence Stories: One Story
  • Sold Price Sq Ft: 176.93
  • Street Designation: Road
  • Tax Account Id: R0015868
  • Zoning: Agriculture
  • Fireplace Type Location: Angle-Nook, Gas Logs, Glass Doors
  • Domestic Sewer: Septic
  • Property Type: Agriculture, Residential/Single Family
  • Type: With Residence
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Irrigation Acres: 23
  • Estimated Total Acres: 35
  • Estimated Total Sq Ft: 2176
  • Current Property Use: Ag/Livestock, Ag/Row Crops, Hay Production, Residential Single Family, Irrigated Farmland
  • Em Deposit: $6000.
  • Possible Property Use: Ag/Livestock, Ag/Row Crops, Cattle, Grazing, Hay Production, Horses, Irrigated Farmland, Orchard, Pasture, Poultry, Residential Single Family, Tree Farm, Vineyard
  • Water Rights Irrigation: Yes
  • Annual Irrigation Cost: 905.22
  • Can Be Subdivided: Unknown
  • Garage Yn: Yes
  • Improvementsstructures: Corral, Metal Building
  • Income Producing: Yes
  • Irrigation Systemrights: Deeded Water, Gated Pipe
  • Irr Water Descamnt: 21.4 Share
  • Mineral Rights: Unknown
  • Pasture: Yes
  • Price Acre: 10857.14
  • Views Type: Mountains, Valley
  • Total Taxes Dollar: 724.92
  • Year Built: 2001
  • Year Renovated: 2006
  • Prop Description Remarks: Step out of the hustle and bustle of the workday and come home to the quiet seclusion of your own style of country living. This 2100+sqft home is located on 35 acres of very productive farm ground. The ground is currently in grass/mix hay and corn, but you can grow whatever you desire, or just lease the ground to your neighbor for added income! Newer, complete irrigation system is in place for your convenience as well. Fruit trees, xeriscape and mature landscaping set the scene for the relaxation you deserve after a long days work. Centrally located between Montrose and Delta, the 3 bed/2 bath home is open and spacious; perfect for relaxed, family living!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1177

Interior Features

  • Bedrooms: 3
  • Flooring: Carpet, Vinyl
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2

Exterior Features

  • Roof: Metal
  • Views: Mountains/Valleys

Garage/Parking

  • Garage Type: Attached Garage
  • Garage Capacity: 2

Utilities

  • Cooling: Evaporative Cooler
  • Electric Supplier: Delta-Montrose Electric Association
  • Heating System: Fireplace, Forced Air
  • Irrigation Water District: UVWUA
  • Water Supplier: Tri-County Water Conservancy

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

Tax Info

  • Tax Year: 2014

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2015
Closed on
Mar 22, 2016
Sold by
Robertson John O and Robertson Glenda S
Bought by
Gingerich Aden and Gingerich Kristin
Seller's Agent
Burton Bullington
Shaffer Real Estate Company
Buyer's Agent
Burton Bullington
Shaffer Real Estate Company
List Price
$395,000
Sold Price
$385,000
Premium/Discount to List
-$10,000
-2.53%
Current Estimated Value
$707,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,982
Avg. Annual Appreciation
6.60%
Original Mortgage
$288,750
Outstanding Balance
$212,991
Interest Rate
3.65%
Mortgage Type
Unknown
Estimated Equity
$485,788

Purchase Details

Closed on
Dec 13, 2013
Sold by
Yarborough Roy A
Bought by
Robertson John O and Robertson Glenda S

Purchase Details

Closed on
Dec 21, 2004
Sold by
Robertson John O and Robertson Glenda S
Bought by
Robertson John O and Robertson Glenda S

Purchase Details

Closed on
Aug 31, 2004
Sold by
Berryman John R and Berryman Cindy L
Bought by
Robertson John O and Robertson Glenda S

Purchase Details

Closed on
Jan 23, 2001
Sold by
Peters Bruce W and Peters Kimberly Peters
Bought by
Berryman John R and Berryman Cindy L
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
Gingerich Aden $385,000 None Available
Robertson John O -- None Available
Robertson John O -- None Available
Robertson John O $80,000 --
Robertson John O $310,000 --
Berryman John R $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gingerich Aden $288,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2016 03/23/16 Sold $385,000 -2.5% $177 / Sq Ft
02/18/2016 02/18/16 Pending -- -- --
06/16/2015 06/16/15 For Sale $395,000 -- $182 / 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 $12,310 $175,660 $4,700 $170,960
2023 $10,510 $166,970 $4,790 $162,180
2022 $7,724 $122,710 $4,090 $118,620
2021 $7,834 $123,860 $4,290 $119,570
2020 $7,357 $118,720 $3,710 $115,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 707746

Colorado Real Estate Network (CREN)

APN: R0015868