NOT LISTED FOR SALE

5142 5800 Rd Olathe, CO 81425

Estimated Value: $399,000

52 Acres
$7,673 Price per Acre
2,265,120 Sq Ft Lot

Sale Details

Date Sold: October 21, 2019

Last sale price $290,000 $104 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,500 / mo

57 Days on Market

Highlights

  • 52 Acre Lot
  • 34 Irrigated Acres
  • Grass Covered Lot
  • Farm

About This Lot

As of October 2019

The Harris farm is a family property in Olathe, Colorado that has been productive farm ground for generations. Olathe, Colorado is just minutes down the road and is known for its delicious sweet corn production. The town of Olathe formerly grew sugar beets and barley, but by the late 1970s, it was discovered that Olathe has the ideal climate for growing sweet corn - hot days and cool nights. The Uncompaghre River and Paradox Valley are the Agricultural hub of the western slope. This property is only 12 miles to Montrose, the home to the Black Canyon of the Gunnison National Park, as well as the Gunnison Gorge National Recreation and Wilderness Areas. If you are looking for a small piece of farm ground with 34 irrigated acres ready to grow anything from corn, to beans, to hemp, then this is it!

Last Agent to Sell the Property

Reese Lovell

EAGLE LAND BROKERAGE Listed on: 07/16/2019

Last Buyer's Agent

Reese Lovell

EAGLE LAND BROKERAGE Listed on: 07/16/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,063

Lot Details

  • 52 Acre Lot
  • Chain Link Fence
  • Grass Covered Lot
  • Property is zoned Ag

Home Design

  • Wood Frame Construction

Farming

  • Farm
  • Crops
  • 34 Irrigated Acres
  • Hay

Utilities

  • Septic Tank

Property Details

Property Type

Land

Est. Annual Taxes

$1,063

Lot Details

52 Acres

Listing Details

  • 3 Phase: Unknown
  • Estimated Irrigation Acres: 34
  • Construction: Wood Frame
  • Current Use: Agriculture
  • Elevation: 5400
  • Fronts: R
  • Gas Company: Blackhill
  • Irrig District: UVWUA
  • Irrig Water: Yes
  • Lot Dimensions: Irreg
  • Lvt Date: 07/16/2019
  • Property Type: Land
  • Real Estate Incl: Yes
  • Sewer: Septic
  • Sewer Company: Septic
  • Street Desc Access: County
  • Taxes: 1063
  • Tax Year: 2019
  • Total Acres: 52
  • Type: Rec/Farm&ranch- 10+ Acres
  • Water: City Water, Tap Installed
  • Zoning: Ag
  • Crops: Corn, Grasses, Hay
  • Curbs Gutters: No Curbs, No Gutters
  • Possible Use: Farm, Single Family
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fence: Chain Link

Utilities

  • Electric Company: DMEA
  • Water Company: Tri-County

Lot Info

  • Lot Description: Farm
  • Lot Size: J: 40-99.99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2024
Sold by
Davis Tyler Kyle Collins and Davis Jessika Lynne
Bought by
Montrose County
Current Estimated Value
$399,000

Purchase Details

Closed on
Nov 25, 2020
Sold by
Davis Tyler Kyle Collins
Bought by
Davis Tyler Kyle Collins

Purchase Details

Listed on
Jul 16, 2019
Closed on
Oct 17, 2019
Sold by
Harris David R and Harris Kevin J
Bought by
Collins Davis Tyler Kyle
Seller's Agent
Reese Lovell
EAGLE LAND BROKERAGE
Buyer's Agent
Reese Lovell
EAGLE LAND BROKERAGE
List Price
$350,000
Sold Price
$290,000
Premium/Discount to List
-$60,000
-17.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 16, 2019
Closed on
Oct 7, 2019
Sold by
Harris David R and Harris Kevin J
Bought by
Collins Davis Tyler Kyle
Seller's Agent
Reese Lovell
EAGLE LAND BROKERAGE
Buyer's Agent
Reese Lovell
EAGLE LAND BROKERAGE
List Price
$350,000
Sold Price
$290,000
Premium/Discount to List
-$60,000
-17.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 11, 2015
Sold by
Harris David Roy and Harris Larry Roy
Bought by
Harris David R and Harris Kevin J
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Montrose County -- None Listed On Document
Davis Tyler Kyle Collins -- None Available
Collins Davis Tyler Kyle $290,000 Fidelity National Title
Collins Davis Tyler Kyle -- Fidelity National Title
Harris David R -- None Available
Harris David R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collins Davis Tyler Kyle $227,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2019 10/21/19 Sold $290,000 -7.9% $104 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
08/07/2019 08/07/19 Price Changed $315,000 -10.0% $113 / Sq Ft
07/16/2019 07/16/19 For Sale $350,000 -- $125 / Sq Ft
Source: Grand Junction Area REALTOR® Association

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
2023 $3,151 $50,060 $8,010 $42,050
2022 $475 $7,550 $7,550 $0
2021 $524 $8,290 $8,290 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Grand Junction Area REALTOR® Association

MLS Number: 20194044

Grand Junction Area REALTOR® Association

APN: R0025163

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