NOT LISTED FOR SALE

5345 Colorado 348 Olathe, CO 81425

Estimated Value: $513,000 - $669,000

3 Beds
2.5 Baths
1,288 Sq Ft
$471/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $549,900 $427 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,546/month

1 Day on Market

Highlights

  • Horses Allowed On Property
  • Mountain View
  • Granite Countertops
  • RV or Boat Parking
  • Radiant Floor
  • Double Oven

About This Home

As of July 2021

Beautifully crafted country home on 6.45 irrigated acres with plenty of room to roam! Mature cottonwood, Chinese elm and weeping willow trees offer plenty of shade and the mountain and pasture views are spectacular from every angle. A large concrete pad is perfectly positioned at to protect mud & dirt from being tracked into the home. The exterior finish is stucco w/rusted tin accents with a ground floor 3-garage that features in-floor heating, ½ bath, epoxy floors, and LED lighting. The second level living area provides an eagles eye view of the gorgeous surroundings from every window and is so serene and peaceful. The quality finishes include granite countertops, vaulted tongue & groove ceilings, beautiful faux painted walls, 16” tiled flooring, upgraded vanity & features, pebble-stone accents in the tiled showers, cove lighting, in-floor heating and central air, and even a hidden bonus area accessed by a pull-down ladder. Several outbuildings offer extra storage, the pasture produces a quality three-cutting hay crop, the garden area allows for growing your own vegetables, the landscaping is on an automatic timer, and there is an abundance of room to park your RV, stock/horse trailer. Bring your toys and your animals and enjoy the country life you’ve always wanted to live!

Last Listed By

Debra Harmon

20 Sleeps West Real Estate Listed on: 06/09/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,555

Year Built

  • Built in 2004

Lot Details

  • 6.45 Acre Lot
  • Landscaped
  • Sprinkler System
  • Property is zoned Agriculture

Home Design

  • Metal Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 1,288 Sq Ft Home
  • 2-Story Property
  • Tongue and Groove Ceiling
  • Mountain Views

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • RV or Boat Parking

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Schools

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

Farming

  • 6 Irrigated Acres
  • Cattle

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Air
  • Heating System Uses Propane
  • Irrigation Water Rights
  • Septic Tank
  • Septic System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 372513100020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,555

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Microwave, Double Oven
  • Estimated Irrigation Acres: 6.45
  • Estimated Total Acres: 6.45
  • Class: RESIDENTIAL
  • Em Deposit: 5000
  • Em Holder: Title Company
  • Exterior Inclusions: Shed/Storage, Landscaping, Irrigation Water, Lawn Sprinklers, Irrigation Pump
  • Interior Inclusions: Granite Counters, T&G Ceilings, Walk In Closet, Heated Garage
  • Legal Lot Block: Lot 1, Blankenship Minor Subdivision, according to the Plat recorded June 6, 2002 Under Reception No. 688712, County of Montrose, State of Colorado
  • List Price per Sq Ft: 426.94
  • Livestock Allowed: Cattle, Horses, Poultry
  • Lot Size Acreage: 5-9.99
  • Parcel Id Number: 372513100020
  • Price Per Sq Ft: 426.94
  • Real Estate Included: Yes
  • Realist Id: 3725-131-00-020
  • Residence Stories: Two Story
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Stucco
  • Sold Price Sq Ft: 426.94
  • Street Designation: Highway
  • Tax Account Id: R0008575
  • Zoning: Agriculture, Residential Single Family
  • Type: Stick Built
  • Internet Service: Yes
  • Total Taxes Dollar: 1554.72
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Bedrooms: 3
  • Flooring: Carpet-Partial, Tile
  • Estimated Total Sq Ft: 1288
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Office Den: 0

Exterior Features

  • Construction Type: Wood Frame
  • Exterior Structures: Shed, Workshop
  • Roof: Metal
  • Views: Mountains

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 3

Utilities

  • Cooling: Central A/C
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Propane
  • Heating System: Floor Radiant
  • Irrigation Water Description Amount: 7 Shares
  • Irrigation Water District: UVWUA
  • Sewer Supplier: Septic
  • Water Rights Irrigation: Yes
  • Water Supplier: Tri-County Water Conservancy

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: 2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Jul 15, 2021
Sold by
Brown Cody D
Bought by
Johnson Rodney Dean
Seller's Agent
Debra Harmon
20 Sleeps West Real Estate
Buyer's Agent
Mark Shaffer
Shaffer Real Estate Company
List Price
$549,900
Sold Price
$549,900
Total Days on Market
1
Current Estimated Value
$606,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,578
Avg. Annual Appreciation
2.60%
Original Mortgage
$320,000
Outstanding Balance
$293,479
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$312,999

Purchase Details

Listed on
Jun 9, 2021
Closed on
Jul 12, 2021
Sold by
Brown Cody D
Bought by
Johnson Rodney Dean
Seller's Agent
Debra Harmon
20 Sleeps West Real Estate
Buyer's Agent
Mark Shaffer
Shaffer Real Estate Company
List Price
$549,900
Sold Price
$549,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$293,479
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$312,999

Purchase Details

Closed on
Mar 7, 2018
Sold by
Schroeder Jesse David and Schroeder Brown
Bought by
Brown Cody D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2017
Sold by
Hamer Amy
Bought by
Schroeder David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2014
Sold by
Newman Jared C and Newman Tanya B
Bought by
Hamer Amy

Purchase Details

Closed on
Jan 21, 2004
Sold by
Tobin Cheri Kim
Bought by
Newman Jared C and Newman Tanya B

Purchase Details

Closed on
Aug 3, 2001
Sold by
Tobin Cheri Kim Pr Blankenship Cleme
Bought by
Tobin Cheri Kim

Purchase Details

Closed on
Jul 28, 1995
Sold by
Blankenship Alice M
Bought by
Blankenship Clement A

Purchase Details

Closed on
Jun 17, 1993
Sold by
Blankenship Gladys F
Bought by
Blankenship Clement A

Purchase Details

Closed on
Apr 6, 1976
Sold by
Blankenship Alice M Pr Blankenship Thomas
Bought by
Blankenship Alice M and Blankenship Gladys F

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Olathe, CO

  • 5345 Highway 348, Olathe, CO 81425

    $668,000

    • 3 Beds
    • 2.5 Baths
    • 1,288 Sq Ft
    • 5345 Highway 348
    • Olathe, CO

    Gorgeous home on 6.45 irrigated acres. Great views! Amazing setting with sprawling lawn area, numerous shade trees and 4 acres of quality horse hay. Country living but close to all amenities. Ground level features a bright, spacious 3-car garage with, in floor heat and 1/2 bath with its own entrance. The living area is on the 2nd level and features 3 BR, 2 BA, open kitchen and family room with

    Kim Guthrie-Burch RE/MAX Today

    Section Image
  • 5760 Highway 348, Olathe, CO 81425

    $459,900

    • 3 Beds
    • 2 Baths
    • 1,806 Sq Ft
    • 5760 Highway 348
    • Olathe, CO

    Discover the charm of country living with this inviting farmhouse set on a peaceful 1-acre lot, surrounded by open farmland. This property offers stunning views, a sense of space, and 1 acre UVWUA irrigation water—ideal for gardening or small-scale farming. 3rd Bedroom is non-conforming. Inside, you’ll find a warm and welcoming layout featuring custom cabinetry, exotic pecan hardwood flooring

    Sara Woodward Norris-Phillips Real Estate, LLC

    Section Image
  • 2350 Mesa Dr, Olathe, CO 81425

    $599,000

    • 5 Beds
    • 2 Baths
    • 2,472 Sq Ft
    • 2350 Mesa Dr
    • Olathe, CO

    Welcome home to Ash Mesa! Sitting on almost seven acres with irrigation water and VIEWS FOR DAYS this spacious five bedroom home has so much to offer. Especially for the person looking to live the country lifestyle without the burden of restrictive covenants or an HOA. Bring your animals, toys and peace of mind and create the lifestyle you desire. Upon entering the gate, the field running

    Linda Steil Berkshire Hathaway HomeServices Colorado Properties

    Section Image
  • 61181 Falcon Rd, Olathe, CO 81425

    $715,000

    • 3 Beds
    • 2.5 Baths
    • 2,304 Sq Ft
    • 61181 Falcon Rd
    • Olathe, CO

    Nestled on 4.8 acres of land, this wonderfully updated 3-bedroom, 2.5-bath log home - log on the exterior while the 14" thick interior walls are drywall - offers the perfect blend of rustic charm and modern amenities. With an abundance of natural sunlight pouring in through large windows, this home is a true retreat. With ample outdoor parking space for all you vehicles and toys. The 2 car

    Cynthia Cheroske Coldwell Banker Distinctive Properties

    Section Image

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
Johnson Rodney Dean -- Land Title
Johnson Rodney Dean $549,900 Land Title
Johnson Rodney Dean $549,900 Land Title Guarantee
Brown Cody D $329,900 Heritage Title Co
Schroeder David $295,000 Land Title Guarantee Co
Hamer Amy $196,000 Land Title Guarantee Company
Newman Jared C $87,000 --
Tobin Cheri Kim -- --
Blankenship Clement A -- --
Blankenship Clement A -- --
Blankenship Alice M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Rodney Dean $320,000
Closed Johnson Rodney Dean $320,000
Closed Johnson Rodney Dean $320,000
Previous Owner Brown Cody D $225,000
Previous Owner Brown Cody D $190,000
Previous Owner Schroeder David $220,000
Previous Owner Newman Jared C $188,208
Previous Owner Newman Tanya B $208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2021 07/15/21 Sold $549,900 0.0% $427 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $549,900 -- $427 / 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 $2,204 $31,450 $8,160 $23,290
2023 $2,204 $36,440 $9,450 $26,990
2022 $1,535 $24,390 $4,920 $19,470
2021 $1,587 $25,090 $5,060 $20,030
2020 $1,468 $23,690 $4,730 $18,960
2019 $1,478 $23,690 $4,730 $18,960
2018 $1,428 $22,280 $3,970 $18,310
2017 $1,426 $22,280 $3,970 $18,310
2016 $1,329 $21,150 $3,820 $17,330
2015 $1,226 $21,150 $3,820 $17,330
2014 $1,058 $19,540 $3,820 $15,720
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 783094

Colorado Real Estate Network (CREN)

APN: R0008575