NOT LISTED FOR SALE

470 County Road 511 Ignacio, CO 81137

Estimated Value: $991,328 - $1,400,000

4 Beds
2 Baths
3,360 Sq Ft
$370/Sq Ft Est. Value

Last Sold January 11, 2016

Last sale price $700,000 $208 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $6,911/month

269 Days on Market

Highlights

  • Barn
  • 164 Acre Lot
  • Deck
  • Horses Allowed On Property
  • Mountain View
  • 2-Story Property

About This Home

As of January 2016

Hard to find large acreage parcel with outstanding water rights. This working ranch has 164 +/- acres with 8 shares of King Ditch Water and 150 acres of PRID Water. Enormous views of the La Plata and Needles mountain ranges while being located only 20 minutes from Durango. The home consists of a 4 bedroom 2 bath home built in 1986 which contains approximately 3,360 square feet heated by FREE Propane (Seller represents that new owners will benefit from free propane due to the gas well on property - Buyer to verify). Surrounding the home there is mature landscaping and a well established yard. Several outbuilding are also on the property which include an insulated metal building with two roll up doors and concrete floor and a loafing shed . The property is irrigated via the King Ditch and has several ponds to take advantage of the abundant irrigation water. This is a must see property if you are looking for a large acreage parcel to raise horses or cattle near town. Properties of this size with irrigation are hard to come by in this area; come see it today!

Last Agent to Sell the Property

Isaac Fleener

Bayfield Realty Listed on: 02/16/2015

Last Buyer's Agent

Isaac Fleener

Bayfield Realty Listed on: 02/16/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,016

Year Built

  • Built in 1983

Lot Details

  • 164 Acre Lot
  • Cross Fenced
  • Property is Fully Fenced
  • Barbed Wire
  • Corner Lot
  • Lot Has A Rolling Slope

Parking

  • 2 Car Detached Garage

Property Views

  • Mountain
  • Valley

Home Design

  • 2-Story Property
  • Ranch Property
  • Concrete Foundation
  • Metal Roof

Interior Spaces

  • 3,360 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Partial Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Separate Outdoor Workshop

Schools

  • Ignacio K-6 Elementary School
  • Ignacio 7-8 Middle School
  • Ignacio 9-12 High School

Farming

  • Barn
  • Loafing Shed
  • 150 Irrigated Acres
  • Pasture
  • Cattle
  • Livestock

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Pellet Stove burns compressed wood to generate heat
  • Hot Water Baseboard Heater
  • Boiler Heating System
  • Heating System Uses Propane
  • Irrigation Water Rights
  • Well
  • Gas Water Heater
  • Septic System

Listing and Financial Details

  • Security Deposit $15,000
  • Assessor Parcel Number 590313300053

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,016

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Appliance Inclusions: Refrigerator, Dishwasher, Microwave, Range/Oven
  • Class: Farmranch
  • Em Holder: Bayfield Realty
  • Exterior Inclusions: Deck
  • Horse Setup: Yes
  • Legal Lot Block: Section: 13U Township: 34 Range: 8 SW/4
  • Lot Size Acreage: 100-200 Acres
  • Parcel Id Number: 590313300053
  • Price Per Sq Ft: 208.33
  • Property Description: Corner
  • Residence Stories: Two Story
  • Residence Style: Ranch W/Basement
  • Sold Price Sq Ft: 208.33
  • Street Descriptionaccess: County, Gravel
  • Tax Account Id: R001513
  • Fireplace Type Location: Pellet
  • Domestic Sewer: Septic
  • Domestic Water: Domestic Well
  • Property Type: Agriculture
  • Type: With Residence
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Irrigation Acres: 150
  • Estimated Total Acres: 164
  • Estimated Total Sq Ft: 3360
  • Current Property Use: Cattle, Horses, Ag/Livestock, Pasture, Residential Single Family, Irrigated Farmland
  • Em Deposit: 15000
  • Possible Property Use: Ag/Livestock, Cattle, Grazing, Hay Production, Horses, Irrigated Farmland, Residential Single Family, Sheep Ranch
  • Water Rights Irrigation: Yes
  • Adjudicated Yn: Unknown
  • Barn Yn: Yes
  • Bathroom Description: two full
  • Can Be Subdivided: Unknown
  • Garage Yn: Yes
  • Improvementsstructures: Loafing Shed, Barn, Metal Building, Workshop
  • Irrigation Systemrights: Owned, Deeded Water, Open Ditch
  • Irr Water Descamnt: Flood
  • Leased Yn: Yes
  • Mineral Rights: Unknown
  • Pasture: Yes
  • Press System Yn: Unknown
  • Price Acre: 4500
  • Topography: Rolling
  • Views Type: Mountains, Valley
  • Total Taxes Dollar: 1016
  • Year Built: 1983
  • Prop Description Remarks: Hard to find large acreage parcel with outstanding water rights. This working ranch has 164 +/- acres with 8 shares of King Ditch Water and 150 acres of PRID Water. Enormous views of the La Plata and Needles mountain ranges while being located only 20 minutes from Durango. The home consists of a 4 bedroom 2 bath home built in 1986 which contains approximately 3,360 square feet heated by FREE Propane (Seller represents that new owners will benefit from free propane due to the gas well on property - Buyer to verify). Surrounding the home there is mature landscaping and a well established yard. Several outbuilding are also on the property which include an insulated metal building with two roll up doors and concrete floor and a loafing shed . The property is irrigated via the King Ditch and has several ponds to take advantage of the abundant irrigation water. This is a must see property if you are looking for a large acreage parcel to raise horses or cattle near town. Properties of this size with irrigation are hard to come by in this area; come see it today!
  • Subdv Name: Not Applicable
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1179

Interior Features

  • Dining Room: Kitchen/Dining
  • Bedrooms: 4
  • Flooring: Laminate, Tile
  • Foundation: Concrete
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Partial

Exterior Features

  • Fence: Barbed Wire, Cross Fence, Full Property
  • Roof: Metal
  • Views: Mountian

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Capacity: 2

Utilities

  • Utilities: Electricity
  • Electric Supplier: La Plata Electric Association
  • Heating System: Boiler, Hot Water Baseboard
  • Irrigation Water District: 8 Shares King, 150 PRID
  • Water Heater: Gas Water Heater
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 119626

Schools

  • Elementary School: Ignacio K-6
  • Middle School: Ignacio 7-8
  • High School: Ignacio 9-12
  • High School: Ignacio 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2014

MLS Schools

  • Elementary School: Ignacio K-6
  • Middle School: Ignacio 7-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2015
Closed on
Jan 11, 2016
Sold by
Everett O Brandenburg Living Trust
Bought by
Mcgeeney John D and Mcgeeney Diana K
Seller's Agent
Isaac Fleener
Bayfield Realty
Buyer's Agent
Isaac Fleener
Bayfield Realty
List Price
$950,000
Sold Price
$700,000
Premium/Discount to List
-$250,000
-26.32%
Current Estimated Value
$1,241,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$541,832
Avg. Annual Appreciation
4.72%
Source: Public Records

Range of Values:

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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
Mcgeeney John D -- None Available
Mcgeeney John D $700,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2016 01/11/16 Sold $700,000 -26.3% $208 / Sq Ft
11/12/2015 11/12/15 Pending -- -- --
02/16/2015 02/16/15 For Sale $950,000 -- $283 / 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
2025 $1,883 $53,490 $7,430 $46,060
2024 $1,795 $42,490 $7,510 $34,980
2023 $1,795 $45,400 $7,510 $37,890
2022 $2,205 $47,100 $7,510 $39,590
2021 $2,158 $48,640 $9,050 $39,590
2020 $2,185 $49,230 $8,880 $40,350
2019 $1,406 $38,130 $15,130 $23,000
2018 $1,465 $39,980 $19,080 $20,900
2017 $1,492 $40,030 $19,080 $20,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 702412

Colorado Real Estate Network (CREN)

APN: R436099