NOT LISTED FOR SALE

511 Hersum Ave Olathe, CO 81425

Estimated Value: $213,000 - $275,000

2 Beds
1 Bath
956 Sq Ft
$253/Sq Ft Est. Value

Last Sold May 12, 2021

Last sale price $165,000 $173 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,190/month

1 Day on Market

Highlights

  • Living Room with Fireplace
  • 1-Story Property
  • Forced Air Heating System
  • 1 Car Attached Garage
  • Landscaped
  • Ceiling Fan

About This Home

As of May 2021

This is the perfect home for a first time buyer or anyone that just needs to down size. It has two bedrooms and a full bath. The roof, plumbing and electrical of the home have recently been redone. Mature fruit trees in the fenced yard will provide plenty of shade while you relax and enjoy this oasis.

Last Agent to Sell the Property

Pete Rock

The Rock Group Real Estate Professionals, LLC Listed on: 04/07/2021

Co-Listed By

Barb Rock

Phelps Real Estate Group

Last Buyer's Agent

Katie Chapman Schmalz

Chapman Real Estate Company, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $439

Year Built

  • Built in 1950

Lot Details

  • 5,227 Sq Ft Lot
  • Landscaped

Home Design

  • Membrane Roofing
  • Stick Built Home
  • Stucco

Interior Spaces

  • 956 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Crawl Space
  • Oven or Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • 2 Carport Spaces
  • Garage Door Opener

Schools

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

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 372315211002

Home Details

Home Type

Single Family

Est. Annual Taxes

$439

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator
  • Estimated Total Acres: 0.12
  • Class: RESIDENTIAL
  • Em Deposit: 2000
  • Em Holder: Land Title
  • Exterior Inclusions: Landscaping
  • Interior Inclusions: Ceiling Fan(s), Garage Door Opener
  • Legal Lot Block: NORTH 50.0 FEET OF LOTS 1, 2 AND 3, BLOCK 3, WORTMAN SUBDIVISION OF THE TOWN OF OLATHE,EXCEPT: THE WESTERLY 3.0 FEET, COUNTY OF MONTROSE, STATE OF COLORADO.
  • List Price per Sq Ft: 162.13
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 372315211002
  • Price Per Sq Ft: 172.59
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Sale/Rent: For Sale
  • Siding: Stucco
  • Sold Price Sq Ft: 172.59
  • Street Descriptionaccess: City/Town
  • Street Designation: Avenue
  • Tax Account Id: R0007035
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: 439.16
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Bedrooms: 2
  • Flooring: Carpet-Partial, Laminate
  • Estimated Total Sq Ft: 956
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Fireplace Location Type: Gas Logs, Living Room
  • Foundation: Crawl Space
  • Total Office Den: 0

Exterior Features

  • Roof: Membrane

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Carport: Yes
  • Carport Spaces: 2
  • Garage Capacity: 1

Utilities

  • Utilities: Electric, Natural Gas, Cable TV, Internet, Phone - Cell Reception, Phone - Landline
  • Cooling: Evaporative Cooler
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Heating System: Forced Air
  • Sewer Supplier: Town of Olathe
  • Water Heater: Gas 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: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
May 12, 2021
Sold by
Hilton Courtney M and Hilton Kyle E
Bought by
Simmons Michael and Bishop Rebekkah
Seller's Agent
Pete Rock
The Rock Group Real Estate Professionals, LLC
Buyer's Agent
Katie Chapman Schmalz
Chapman Real Estate Company, LLC
List Price
$155,000
Sold Price
$165,000
Premium/Discount to List
$10,000
6.45%
Current Estimated Value
$218,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,175
Avg. Annual Appreciation
8.50%
Original Mortgage
$168,795
Outstanding Balance
$151,663
Interest Rate
3.1%
Mortgage Type
VA
Estimated Equity
$90,669

Purchase Details

Closed on
Oct 26, 2017
Sold by
Buake Kimbealy Jackey and Kamma Doris
Bought by
Hilton Courtney M and Hilton Kyle E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,315
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 20, 2013
Sold by
Luna Properties Llc
Bought by
Burke Kimberly Jackey and Danielsen Doris Kamma

Purchase Details

Closed on
Dec 17, 2004
Sold by
Burke Kimberly Jackey and Danielsen Doris Kamma
Bought by
Luna Properties Llc

Purchase Details

Closed on
Jun 27, 2003
Sold by
Moore Delbert R
Bought by
Burke Kimberly Jackey and Danielsen Doris Kamma

Purchase Details

Closed on
May 17, 1999
Sold by
Carney Roberta W Pr Est Of Hill Burt
Bought by
Moore Delbert R and Moore Lois C

Purchase Details

Closed on
Jun 28, 1990
Sold by
Volgamore Everett L
Bought by
Hill Burt

Purchase Details

Closed on
Jul 22, 1988
Sold by
Archuleta Silvano and Archuleta Benjamin R
Bought by
Volgamore Everett L

Purchase Details

Closed on
Apr 13, 1988
Sold by
Zartman James
Bought by
Archuleta Silvano

Purchase Details

Closed on
Sep 9, 1987
Sold by
Lomas Nettleton Company
Bought by
Zartman James
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Simmons Michael $165,000 Land Title Guarantee Co
Hilton Courtney M $93,000 Land Title Guarantee Co
Burke Kimberly Jackey -- None Available
Luna Properties Llc -- --
Luna Properties Llc -- None Available
Burke Kimberly Jackey $55,000 --
Moore Delbert R $64,000 --
Hill Burt $26,500 --
Volgamore Everett L $19,900 --
Archuleta Silvano $19,000 --
Zartman James $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simmons Michael $168,795
Previous Owner Hilton Courtney M $91,315
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2021 05/12/21 Sold $165,000 +6.5% $173 / Sq Ft
04/08/2021 04/08/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $155,000 -- $162 / 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 $687 $8,680 $1,060 $7,620
2023 $687 $12,820 $1,560 $11,260
2022 $566 $7,680 $900 $6,780
2021 $585 $7,900 $920 $6,980
2020 $439 $6,040 $740 $5,300
2019 $426 $6,040 $740 $5,300
2018 $392 $5,380 $620 $4,760
2017 $385 $5,380 $620 $4,760
2016 $348 $4,910 $530 $4,380
2015 $323 $4,910 $530 $4,380
2014 $300 $4,830 $530 $4,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 780447

Colorado Real Estate Network (CREN)

APN: R0007035