NOT LISTED FOR SALE

508 S 5th St Olathe, CO 81425

Estimated Value: $186,000 - $222,273

2 Beds
1 Bath
1,070 Sq Ft
$191/Sq Ft Est. Value

Last Sold October 23, 2023

Last sale price $170,000 $159 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,188/month

Highlights

  • 1 Car Detached Garage
  • Bungalow
  • 1-Story Property

About This Home

As of October 2023

This home is located at 508 S 5th St, Olathe, CO 81425 since 17 September 2023 and is currently estimated at $204,568, approximately $191 per square foot. This property was built in 1911. 508 S 5th St is a home located in Montrose County with nearby schools including Olathe Elementary School, Olathe Middle and High School, and Olathe Middle School.

Last Agent to Sell the Property

Christine Kersen

NextHome Virtual Listed on: 09/17/2023

NextHome Virtual

Last Buyer's Agent

Montrose NON MEMBER

NON-MEMBER/FSBO Montrose

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $626

Year Built

  • Built in 1911

Lot Details

  • 6,098

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Stick Built Home

Interior Spaces

  • 1,070 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Additional Features

  • 6,098 Sq Ft Lot
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 372315203004

Home Details

Home Type

Single Family

Est. Annual Taxes

$626

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Estimated Total Acres: 0.14
  • Class: RESIDENTIAL
  • Em Deposit: 1000
  • Em Holder: Land Title
  • Legal Lot Block: SUBD: ALAMO HEIGHTS SUBD BLOCK: 220 LOT: 7 AND:- LOT: 8 S: 15 T: 50 R: 10
  • Parcel Id Number: 372315203004
  • Price Per Sq Ft: 158.88
  • Real Estate Included: Yes
  • Realist Id: 3723-152-03-004
  • Residence Stories: One Story
  • Residence Style: Bungalow
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 158.88
  • Street Designation: Street
  • Tax Account Id: R0007078
  • Type: Stick Built
  • Internet Service: Yes
  • Total Taxes Dollar: 626.32
  • Year Built: 1911
  • Foreign Owned Y N: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Bedrooms: 2
  • Estimated Total Sq Ft: 1070
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Total Office Den: 0

Garage/Parking

  • Garage Type: Detached Garage
  • Garage: Yes
  • Garage Capacity: 1

Utilities

  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Sewer Supplier: Town of Olathe
  • Water Supplier: Town of Olathe

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

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
Sep 17, 2023
Closed on
Oct 23, 2023
Sold by
Reynolds Eric Allen and Reynolds Rodney Matthew
Bought by
Green Warren Clark
Seller's Agent
Christine Kersen
NextHome Virtual
Buyer's Agent
Montrose NON MEMBER
NON-MEMBER/FSBO Montrose
List Price
$170,000
Sold Price
$170,000
Current Estimated Value
$204,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,568
Avg. Annual Appreciation
9.56%
Original Mortgage
$153,000
Outstanding Balance
$117,008
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$83,171

Purchase Details

Closed on
Sep 8, 2011
Sold by
Reynolds Matthew A
Bought by
Reynolds Rodney Matthew and Reynolds Brandon Kelly

Purchase Details

Closed on
Mar 30, 2004
Sold by
Bollinger Janet R
Bought by
Reynolds Matthew A

Purchase Details

Closed on
Aug 1, 2003
Sold by
Belvill Kenneth D
Bought by
Bollinger Janet R

Purchase Details

Closed on
Aug 4, 1980
Sold by
Moreland Steve C
Bought by
Belvill Emma L and Belvill Kenneth D
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Green Warren Clark $170,000 Land Title
Reynolds Rodney Matthew -- None Available
Reynolds Matthew A $95,000 --
Bollinger Janet R $45,000 --
Belvill Emma L $27,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Warren Clark $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2023 10/23/23 Sold $170,000 0.0% $159 / Sq Ft
09/17/2023 09/17/23 Pending -- -- --
09/17/2023 09/17/23 For Sale $170,000 -- $159 / 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 $693 $8,750 $2,120 $6,630
2023 $693 $12,900 $3,130 $9,770
2022 $626 $8,500 $1,790 $6,710
2021 $647 $8,740 $1,840 $6,900
2020 $476 $6,540 $1,470 $5,070
2019 $461 $6,540 $1,470 $5,070
2018 $415 $5,700 $1,240 $4,460
2017 $408 $5,700 $1,240 $4,460
2016 $365 $5,160 $1,050 $4,110
2015 $340 $5,160 $1,050 $4,110
2014 $333 $5,370 $1,050 $4,320
Source: Public Records

Agents Affiliated with this Home

  • Christine Kersen

    Seller's Agent in 2023

    Christine Kersen

    NextHome Virtual

    (970) 318-1389

    93 Total Sales

    Section Image

  • M

    Buyer's Agent in 2023

    Montrose NON MEMBER

    NON-MEMBER/FSBO Montrose

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 808876

Colorado Real Estate Network (CREN)

APN: R0007078

Colorado Montrose County Olathe 81425

508 S 5th St, Olathe, CO

This home is located at 508 S 5th St, Olathe, CO 81425 since 17 September 2023 and is currently estimated at $204,568, approximately $191 per square foot. This property was built in 1911. 508 S 5th St 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.

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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