NOT LISTED FOR SALE

50886 Olson Rd Boone, CO 81025

Estimated Value: $385,000 - $539,000

3 Beds
2 Baths
1,836 Sq Ft
$252/Sq Ft Est. Value

Last Sold April 23, 2013

Last sale price $475,000 $259 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,844/month

Highlights

  • Horses Allowed On Property
  • Ranch Style House
  • No HOA
  • 51.1 Acre Lot
  • Lawn
  • Covered patio or porch

About This Home

As of April 2013

Small Farm with 45 shares of Bessemer Ditch Water. 51 acres total with 33 acres in cultivation. Includes foundation and materials for construction of a Quonset building. Adjudicated well included. Hay crop is being farmed by the neighbor based on a ground lease agreement with rent charged on a 60/40 split. Comfortable, spacious home. Large covered patio. Concrete ditch. Fort Reynolds lateral.

Last Agent to Sell the Property

Team Gary Miller

RE/MAX Of Pueblo Inc Listed on: 03/31/2012

RE/MAX Of Pueblo Inc

Last Buyer's Agent

Team Gary Miller

RE/MAX Of Pueblo Inc Listed on: 03/31/2012

RE/MAX Of Pueblo Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,165

Year Built

  • Built in 1984

Lot Details

  • 51.1 Acre Lot
  • Landscaped with Trees
  • Lawn
  • Garden
  • Property is zoned A-2

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Copper Plumbing
  • Lead Paint Disclosure

Interior Spaces

  • 1,836 Sq Ft Home
  • Ceiling Fan
  • Wood Frame Window
  • Family Room
  • Living Room
  • Dining Room
  • Tile Flooring
  • Crawl Space
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting
  • Shed
  • Outbuilding

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • No Cooling
  • Baseboard Heating
  • Irrigation Water Rights
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Boone Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,165

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Directions: Hwy 50 E to Martin Rd (Between 50th and 51st Lanes) Go south and turn left on Olson Rd. Go to 50886 turn right. Drive across irrigation ditch veer right, follow ditch to home.
  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 51.1
  • Road Surface Type: Paved, Unimproved
  • Subdivision Name: Boone
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1984
  • Kitchen Level: Main
  • NAV29_Water_Heater: Electric
  • NAV29_Dining_Rm_Type: No
  • NAV29_rets_property_type: Residential
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range Oven, Washer, Dryer
  • Interior Amenities: Ceiling Fan(s)
  • Has Basement: Crawl Space
  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Tile
  • Living Area: 1836
  • Window Features: Wood Frames
  • Room Kitchen Area: 128.78
  • Room Bedroom2 Area: 184.37
  • Room Bedroom3 Area: 109.8
  • Room Bedroom2 Level: Main
  • Room Bedroom3 Level: Main
  • Room Dining Room Area: 86.742
  • Room Family Room Area: 317.738
  • Room Living Room Area: 331.43
  • Dining Room Dining Room Level: Main
  • Room Family Room Level: Main
  • Living Room Living Room Level: Main
  • Room Master Bedroom Area: 205.2
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 17.1

Exterior Features

  • Exterior Features: Garden Area-Rear, Outdoor Lighting-Front, Outdoor Lighting-Rear
  • Roof: Composition
  • Lot Features: Horses Allowed, Lawn-Front, Lawn-Rear, Trees-Front, Trees-Rear
  • Disclosures: Lead Based Paint Disclosure, Property Disclosure Available
  • Construction Type: Frame, Wood Siding, Copper Plumbing, Plastic Plumbing
  • Other Structures: Shed(s), Outbuilding
  • Patio And Porch Features: Porch-Covered-Front, Patio-Open-Rear

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Parking Features: 2 Car Garage Attached, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Cooling: None
  • Heating: Electric, Baseboard
  • Laundry Features: Main, Vinyl
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Public, Well
  • Gas Company: Other

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 70

Lot Info

  • Zoning: A-2
  • Lot Size Sq Ft: 2225916
  • Additional Parcels: No
  • Irrigation Water Rights: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2164.66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2012
Closed on
Apr 23, 2013
Sold by
Crossman Constance S
Bought by
Rusler Thomas S and Rusler Mari Lynn
Seller's Agent
Team Gary Miller
RE/MAX Of Pueblo Inc
Buyer's Agent
Team Gary Miller
RE/MAX Of Pueblo Inc
List Price
$650,000
Sold Price
$475,000
Premium/Discount to List
-$175,000
-26.92%
Current Estimated Value
$463,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,771
Avg. Annual Appreciation
-1.12%
Original Mortgage
$475,000
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 1982
Sold by
Keator M Duane + Elizabeth A
Bought by
Shea Robert H + Matilda M
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
Rusler Thomas S $200,000 Fnt
Shea Robert H + Matilda M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rusler Thomas S $475,000
Previous Owner Shea Robert H $25,000
Previous Owner Shea Robert H $18,561
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2013 04/23/13 Sold $475,000 -26.9% $259 / Sq Ft
03/31/2012 03/31/12 Pending -- -- --
03/31/2012 03/31/12 For Sale $650,000 -- $354 / Sq Ft
Source: Pueblo Association of REALTORS®

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 $3,169 $27,640 -- --
2023 $3,202 $31,330 $9,470 $21,860
2022 $2,950 $25,740 $11,390 $14,350
2021 $3,116 $27,280 $12,510 $14,770
2020 $3,081 $26,930 $12,950 $13,980
2019 $3,074 $26,926 $12,949 $13,977
2018 $3,203 $28,074 $16,277 $11,797
2017 $3,207 $28,074 $16,277 $11,797
2016 $2,717 $23,780 $13,004 $10,776
2015 $2,369 $23,780 $13,004 $10,776
2014 $2,369 $20,853 $10,375 $10,478
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pueblo Association of REALTORS®

MLS Number: 139510

Pueblo Association of REALTORS®

APN: 1-2-00-0-01-002