NOT LISTED FOR SALE

4882 Colorow Rd Olathe, CO 81425

Estimated Value: $629,766 - $722,000

3 Beds
2 Baths
1,830 Sq Ft
$378/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $567,000 $310 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,073/month

15 Days on Market

Highlights

  • Barn
  • Greenhouse
  • RV Access or Parking
  • Horses Allowed On Property
  • Spa
  • 10.7 Acre Lot

About This Home

As of February 2022

Gorgeous 10+ Acre property with generous sized home located in a beautiful landscape with views of the amazing San Juan mountains to the South and the Grand Mesa to the North.  Home features include geothermal heating and cooling with a wood stove added for ambiance and practicality.  Kitchen is graced with granite countertops, beautiful cabinets and stainless steel stove, microwave and refrigerator.  A 2400 gallon Dimension 1 swim spa located in the large enclosed, heated patio provides enjoyment and relaxation after a long day. Exterior buildings have electrical running to most and offer substantial storage and functionality for wood working or other hobbies.   The 70x39 block wall barn with metal roof offers additional garage space, farm equipment storage, animal quarters (including attached chicken coops) and even an office space.  The barn has an abundant 200 AMP electric panel for welding and any other future plans. Underground irrigation system serves over 5 acres of crop land with a top of the line Netafim sand filtration system inside a new 10x12 irrigation management building complete with electricity. Are you a grower?  The 24x90 greenhouse offers the ideal location for any number of growing ventures.  This property is ideal for a micro-grower with a niche market.  A new 3 stall cedar horse barn with tack room accommodates the equestrian enthusiast with ease.   The large horse riding arena is just a short trot from the barn and offers great fencing and well kept dirt surface.   Two 10x20 storage sheds, built on-site in the last year offer excellent storage solutions.  One of the sheds had electric.  For the fruit farmers there are a few apple and pear trees and plenty of room to plant more. Western Colorado grows some of the best fruit! For the RV enthusiast, there are 2 RV hookups complete with electric and water service.  This property has it all with motivated sellers ready to consider your offer today!

Last Listed By

THE SNEDDON GROUP

KELLER WILLIAMS COLORADO WEST REALTY Listed on: 11/18/2021

KELLER WILLIAMS COLORADO WEST REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,941

Year Built

  • Built in 2003

Lot Details

  • 10.7 Acre Lot
  • Lot Dimensions are 1020' x 542'
  • Kennel
  • Split Rail Fence
  • Barbed Wire
  • Landscaped
  • Sprinkler System
  • Orchard
  • Property is zoned Agricultural

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Wood Frame Construction
  • Asphalt Roof
  • Masonite

Interior Spaces

  • 1,830 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Free Standing Fireplace
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • RV Access or Parking

Pool

  • Spa
  • Above Ground Pool

Outdoor Features

  • Covered patio or porch
  • Greenhouse
  • Shed
  • Outbuilding

Farming

  • Barn
  • 11 Irrigated Acres
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral

Utilities

  • Geothermal Heating and Cooling
  • Three-Phase Power
  • Irrigation Water Rights
  • Private Company Owned Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 3723-043-01-002

Community Details

Amenities

  • Laundry Facilities
  • Community Storage Space

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,941

Year Built

Built in 2003

Lot Details

0

Listing Details

  • 3 Phase: Yes
  • Estimated Irrigation Acres: 10.7
  • Estimated Main Sq Ft: 1830
  • Bathroom Level: M-Main Level
  • Construction: Wood Frame
  • Current Use: Residential
  • Dining Rm Lvl: Main
  • Dining Rm Size: 10x10
  • Dining Rm Type: Combo
  • Elevation: 5146
  • Exterior Features: Barn, Corral/Stable, Dog Pen, Greenhouse, Horses Allowed, Hot Tub, Outbuildings, Pool-Above Ground, Rv Hook-Up/Pad, Rv Parking, Shed, Sprinklers, Orchard
  • Fronts: SW
  • Heating Type: Geothermal
  • How Built: Site Built
  • Irrigation Description: Uncompahgre Valley
  • Irrig District: Uncompahgre Valley
  • Irrig Water: Yes
  • Kitchen Lvl: Main
  • Laundry Rm Lvl: Main
  • Laundry Rm Size: 10x8
  • Living Rm Lvl: Main
  • Living Rm Size: 23x16
  • Lot Dimensions: 1020' x 542'
  • Lvt Date: 11/20/2021
  • Master Bdrm Conforming: Yes
  • Master Bdrm Lvl: Main
  • Master Bdrm Size: 12x15
  • Bedrooms: 3
  • Patio Deck: Patio-Covered
  • Property Type: Residential
  • Real Estate Incl: Yes
  • Sewer: Septic
  • Sewer Company: Septic
  • Street Desc Access: County, Gravel, Shared Drive
  • Style: Ranch
  • Taxes: 1940.76
  • Tax Year: 2021
  • Total Acres: 10.7
  • Total Apx Sq Ft: 1830
  • Type: Single Family
  • Water: City Water, Well-Private
  • Zoning: Agricultural
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2012

Interior Features

  • Kitchen Size: 10x13
  • Bathroom Description: Main Level Full
  • Appliances: Dishwasher, Electric Range Oven, Garbage Disposal, Microwave Built-In, Range Hood, Refrigerator, Washer Hookup, Dryer Hookup, Electric Cook Top
  • Basement Foundation: Crawl Space
  • Fireplace: Free Standing
  • Floor: Carpet, Laminate, Tile
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Vaulted Ceiling(s), Walk-In Closet(s)
  • Bathrooms: 2
  • Price Per Sq Ft: 309.84

Exterior Features

  • Fence: Barbed Wire, Split Rail
  • Landscaping: Landscape All
  • Exterior Siding: Masonite, Brick
  • Roof: Asphalt Composition

Garage/Parking

  • Garage Type: Attached Garage
  • Garage Capacity: 2

Utilities

  • Cooling Type: Geothermal
  • Electric Company: Delta Montrose Electric
  • Water Company: Tri County

Condo/Co-op/Association

  • Association Amenities: Hot Tub, Laundry, Pets Allowed, Pool, Storage

Schools

  • Elementary School: Olathe
  • Middle School: Olathe
  • High School: Olathe

Lot Info

  • Lot Description: 150' + Frontage, Pasture
  • Lot Size: H: 10-19.99
  • Parcel Number: 3723-043-01-002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2021
Closed on
Feb 4, 2022
Sold by
Mae Gianforte Danna
Bought by
Wadley Jacob B and Wadley Tanya M
Seller's Agent
THE SNEDDON GROUP
KELLER WILLIAMS COLORADO WEST REALTY
Buyer's Agent
Judy Smith
GRAND JUNCTION AREA REALTOR ASSOC
List Price
$574,900
Sold Price
$567,000
Premium/Discount to List
-$7,900
-1.37%
Total Days on Market
15
Current Estimated Value
$692,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,192
Avg. Annual Appreciation
4.49%
Original Mortgage
$481,950
Outstanding Balance
$452,125
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$202,235

Purchase Details

Listed on
Feb 24, 2020
Closed on
Sep 30, 2020
Sold by
Gianforte Danna Mae
Bought by
Gianforte Danna Mae and Bell Heather
Seller's Agent
Michelle Martinez
Skytan Real Estate LLC
Buyer's Agent
Other MLS Non-REcolorado
NON MLS PARTICIPANT
List Price
$470,000
Sold Price
$450,000
Premium/Discount to List
-$20,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.67%
Original Mortgage
$414,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 24, 2020
Closed on
Sep 15, 2020
Sold by
Gilszmer Gail
Bought by
Popejoy Bert
Seller's Agent
Michelle Martinez
Skytan Real Estate LLC
Buyer's Agent
Other MLS Non-REcolorado
NON MLS PARTICIPANT
List Price
$470,000
Sold Price
$450,000
Premium/Discount to List
-$20,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2018
Sold by
Gilszemer Gail
Bought by
Popejoy Bert E and Martin Popejoy Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,660
Interest Rate
4.44%

Purchase Details

Closed on
Aug 14, 2015
Sold by
Gilszmer Gail and Felix Mindy
Bought by
Gilszmer Gail

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
Wadley Jacob B $567,000 None Listed On Document
Gianforte Danna Mae -- None Available
Gianforte Danna Mae $460,000 Fidelity National Title
Popejoy Bert -- None Available
Popejoy Bert E $420,000 Land Title Guarantee Co
Gilszmer Gail -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wadley Jacob B $107,000
Open Wadley Jacob B $481,950
Previous Owner Gianforte Danna Mae $414,000
Previous Owner Popejoy Bert E $312,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $567,000 -1.4% $310 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $574,900 +27.8% $314 / Sq Ft
09/30/2020 09/30/20 Sold $450,000 -4.3% $178 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $470,000 -- $186 / Sq Ft
Source: Grand Junction Area REALTOR® Association

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 $2,829 $40,370 $2,040 $38,330
2023 $2,829 $45,340 $2,040 $43,300
2022 $1,898 $30,150 $1,930 $28,220
2021 $1,981 $31,320 $2,110 $29,210
2020 $1,839 $29,680 $1,740 $27,940
2019 $1,851 $29,680 $1,740 $27,940
2018 $1,409 $29,180 $2,240 $26,940
Source: Public Records

Agents Affiliated with this Home

  • THE SNEDDON GROUP

    Seller's Agent in 2022

    THE SNEDDON GROUP

    KELLER WILLIAMS COLORADO WEST REALTY

    (970) 245-2700

    46 Total Sales

    THE SNEDDON GROUP
    Section Image
  • Judy Smith

    Buyer's Agent in 2022

    Judy Smith

    GRAND JUNCTION AREA REALTOR ASSOC

    (970) 216-6493

    Judy Smith
    Section Image
  • Michelle Martinez

    Seller's Agent in 2020

    Michelle Martinez

    Skytan Real Estate LLC

    (970) 901-9733

    56 Total Sales

    Section Image

  • O

    Buyer's Agent in 2020

    Other MLS Non-REcolorado

    NON MLS PARTICIPANT

See All Agents

Map

Source: Grand Junction Area REALTOR® Association

MLS Number: 20216073

Grand Junction Area REALTOR® Association

APN: R0023964

Colorado Montrose County Olathe 81425

4882 Colorow Rd, Olathe, CO

Homes for Sale in Olathe, CO

This home is located at 4882 Colorow Rd, Olathe, CO 81425 since 18 November 2021 and is currently estimated at $692,192, approximately $378 per square foot. This property was built in 2003. 4882 Colorow Rd is a home located in Montrose County with nearby schools including Olathe Elementary School, Olathe Middle and High School, and Olathe Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Grand Junction Area REALTOR® Association IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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