NOT LISTED FOR SALE

500 Centennial Dr Olathe, CO 81425

Estimated Value: $557,000 - $692,000

2 Beds
2 Baths
1,869 Sq Ft
$343/Sq Ft Est. Value

Sale Details

Date Sold: October 20, 2022

Last sale price $650,000 $348 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,585 / mo

24 Days on Market

Highlights

  • Horses Allowed On Property
  • 62.5 Acre Lot
  • Wooded Lot
  • Home fronts a pond
  • Wood Burning Stove
  • Ranch Style House

About This Home

As of October 2022

This one of a kind 62.5 acre property with a home, ponds and livestock setup is waiting for you! This property has a 1,869 sq.ft. 2 bedroom 2 bath home on it with in floor heat and large living spaces. The home has large windows throughout to allow you to be able to enjoy the views of your property. There is an additional room for an office, a wood burning fireplace and lots of storage in the kitchen. The property also has a 2,496 sq.ft. shop/ garage with large bays to be able to store equipment and vehicles. The property is set up with various pipe and other corals/pens, a pole barn, automatic waterers to each pen, and chute/alleyway and tub for cattle. Two pond areas bring in wildlife to the property and provide an area for you to enjoy. You can enjoy tons of privacy and space on the property. This property can easily be used for horses or a feedlot, but it is full of opportunity!

Last Agent to Sell the Property

Mark Covington

RE/MAX Alpine View Listed on: 07/25/2022

RE/MAX Alpine View

Last Buyer's Agent

Justin Covington

RE/MAX Alpine View

RE/MAX Alpine View

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,444

Year Built

  • Built in 1999

Lot Details

  • 62.5 Acre Lot
  • Home fronts a pond
  • Property is Fully Fenced
  • Barbed Wire
  • Pipe Fencing
  • Wooded Lot
  • Property is zoned Multi-Use

Parking

  • 5 Car Detached Garage

Home Design

  • Ranch Style House
  • Ranch Property
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,869 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Window Treatments
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Farming

  • Pasture
  • Cattle
  • Livestock

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral

Utilities

  • Heating System Uses Wood
  • Heating System Uses Propane
  • Propane Water Heater
  • Internet Available
  • Phone Available

Listing and Financial Details

  • Security Deposit $8,000
  • Assessor Parcel Number 372309102001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,444

Year Built

Built in 1999

Lot Details

62.5 Acres

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Microwave
  • Class: Farmranch
  • Em Holder: Land Title
  • Horse Setup: Yes
  • Interior Inclusions: Ceiling Fan(s), W/D Hookup, Window Coverings, Wood Stove
  • Legal Lot Block: Quarter: NE S: 9 T: 50 R: 10 E2NE4 9-50-10 EXCEPT PORTIONS DESC BY M/B RECPT #690023
  • List Price per Sq Ft: 369.18
  • Lot Size Acreage: 51-100 Acres
  • Parcel Id Number: 372309102001
  • Price Per Sq Ft: 347.78
  • Property Description: Pastures, Wooded Lot
  • Residence Stories: One Story
  • Residence Style: Ranch
  • Siding: Vinyl
  • Sold Price Sq Ft: 347.78
  • Street Designation: Drive
  • Waterfront Type: Pond
  • Zoning: Residential Single Family, Multi-Use
  • Fireplace Type Location: Living Room
  • Domestic Water: Public
  • Property Type: Residential/Single Family, Agriculture
  • Type: With Residence
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 62.5
  • Estimated Total Sq Ft: 1869
  • Current Property Use: Cattle, Horses, Ag/Livestock, Feed Lot, Residential Single Family
  • Em Deposit: 8000
  • Possible Property Use: Ag/Livestock, Cattle, Commercial, Dairy, Feed Lot, Hogs, Horses, Poultry, Recreation, Residential Single Family, Sheep Ranch
  • Can Be Subdivided: Unknown
  • Corral Yn: Yes
  • Garage Yn: Yes
  • Improvementsstructures: Corral, Garage, Metal Building
  • Mineral Rights: Unknown
  • Pasture: Yes
  • Total Officedens: 0
  • Internet Service: Yes
  • Total Taxes Dollar: 1443.52
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1177

Interior Features

  • Dining Room: Kitchen/Dining
  • Bedrooms: 2
  • Flooring: Tile
  • Full Bathrooms: 2
  • Total Bathrooms: 2

Exterior Features

  • Fence: Barbed Wire, Pipe, Full Property
  • Roof: Composition

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Capacity: 5

Utilities

  • Utilities: Electricity, Phone, Internet
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Propane
  • Heating System: Infloor Radiant, Fireplace, Wood Stove
  • Water Heater: Propane Water Heater
  • Water Supplier: Town Of Olathe

Schools

  • High School: Olathe 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2022
Closed on
Oct 19, 2022
Sold by
R & K Staheli Farms Llc
Bought by
Hoover Dustin
Seller's Agent
Mark Covington
RE/MAX Alpine View
Buyer's Agent
Justin Covington
RE/MAX Alpine View
List Price
$690,000
Sold Price
$650,000
Premium/Discount to List
-$40,000
-5.8%
Current Estimated Value
$641,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,466
Avg. Annual Appreciation
-0.37%
Original Mortgage
$500,000
Outstanding Balance
$174,791
Interest Rate
6%
Mortgage Type
Seller Take Back
Estimated Equity
$466,743

Purchase Details

Closed on
Sep 29, 2021
Sold by
Clw Properites Colorado Llc
Bought by
R & K Staheh Farms Llc

Purchase Details

Closed on
Apr 30, 2010
Sold by
Clarence L Werner Revocable Trust and Werner C L
Bought by
Clw Properties Colorado Llc

Purchase Details

Closed on
Dec 18, 2000
Sold by
Beamer J Russell J and Beamer Phyllis R
Bought by
Werner Clarence L Revocable Trust

Purchase Details

Closed on
Mar 9, 1994
Sold by
Byers Daisy
Bought by
Beamer J Russell J and Beamer Phyllis Rae
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Hoover Dustin $650,000 Land Title Guarantee
R & K Staheh Farms Llc $503,125 Fidelity National Title
Clw Properties Colorado Llc -- None Available
Werner Clarence L Revocable Trust $300,000 --
Beamer J Russell J $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoover Dustin $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2022 10/20/22 Sold $650,000 -5.8% $348 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
07/25/2022 07/25/22 For Sale $690,000 -- $369 / Sq Ft
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
2025 $2,198 $57,810 $30,340 $27,470
2024 $2,198 $24,180 $640 $23,540
2023 $1,914 $28,680 $640 $28,040
2022 $1,438 $19,510 $640 $18,870
2021 $1,510 $20,410 $710 $19,700
2020 $1,236 $17,000 $690 $16,310
2019 $1,198 $17,000 $690 $16,310
2018 $1,152 $15,810 $690 $15,120
2017 $1,132 $15,810 $690 $15,120
2016 $1,079 $15,250 $670 $14,580
2015 $1,004 $15,250 $670 $14,580
2014 $1,080 $17,410 $640 $16,770
Source: Public Records

Agents Affiliated with this Home

  • Mark Covington

    Seller's Agent in 2022

    Mark Covington

    RE/MAX

    (970) 209-1956

    229 Total Sales

    Mark Covington
    Section Image
  • Justin Covington

    Buyer's Agent in 2022

    Justin Covington

    RE/MAX

    (970) 275-4189

    65 Total Sales

    Justin Covington
    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 796504

Colorado Real Estate Network (CREN)

APN: R0010552

Colorado Montrose County Olathe 81425

500 Centennial Dr, Olathe, CO

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.

Colorado Real Estate Network (CREN) 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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