$648,000
$20K PRICE DROP

5345 Highway 348 Olathe, CO 81425

Estimated payment $3,620/month

Total Views 5,959
3 Beds
2.5 Baths
1,288 Sq Ft
$503 Price per Sq Ft

Highlights

  • Spa
  • Vaulted Ceiling
  • Great Room
  • Mountain View
  • Radiant Floor
  • Granite Countertops

About This Home

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 vaulted ceiling, two storage bench seats, granite countertops with gas cooktop. Appliances are less than two years old. There is also in floor radiant heat upstairs and central A/C! 3 outbuildings offer plenty of space for extra storage. 19.6 shares of irrigation water are allocated to the 3 subdivision lots and the lawn sprinkling system is on an auto timer. So much to offer here! Come see for yourself!

Listing Agent

Mandy Norris-Snell

Norris-Phillips Real Estate, LLC Listed on: 05/01/2025

Co-Listing Agent

Kim Guthrie-Burch

RE/MAX Today

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,204

Year Built

  • Built in 2004

Lot Details

  • 6.45 Acre Lot
  • Landscaped
  • Sprinkler System

Home Design

  • Metal Roof
  • Metal Siding
  • Stick Built Home
  • Stucco

Interior Spaces

  • 1,288 Sq Ft Home
  • 2-Story Property
  • Tongue and Groove Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Vinyl Clad Windows
  • Window Treatments
  • Great Room
  • Mountain Views

Kitchen

  • Double Convection Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Covered Patio or Porch
  • Shed

Schools

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

Farming

  • 4 Irrigated Acres

Utilities

  • Central Air
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Irrigation Water Rights
  • Propane Water Heater
  • Septic Tank
  • Septic System
  • Internet Available

Community Details

  • Association fees include irrigation

Listing and Financial Details

  • Assessor Parcel Number 372513100020

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,204

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Appliance Inclusions: Range Top, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave, Double Oven, Oven-Convection
  • Estimated Irrigation Acres: 4
  • Estimated Total Acres: 6.45
  • Class: RESIDENTIAL
  • Em Deposit: 10,000
  • Em Holder: Land Title
  • Exterior Inclusions: Shed/Storage, Landscaping, Irrigation Water, Hot Tub, Lawn Sprinklers, Irrigation Pump, Covered Porch
  • Interior Inclusions: Window Coverings, Ceiling Fan(s), W/D Hookup, Vaulted Ceiling, Granite Counters, Pantry, T&G Ceilings, Walk In Closet, Garage Door Opener, Heated Garage
  • Legal Lot Block: Lot 1, Blankenship Minor Subdivision, according to the plat recorded June 6, 2022 under reception No. 688712, County of Montrose, State of Colorado.
  • Lot Dimension: 6.45 Acres
  • Lot Size Acreage: 5-9.99
  • Parcel Id Number: 372513100020
  • Price Per Sq Ft: 503.11
  • Property Attached: Yes
  • Real Estate Included: Yes
  • Realist Id: 3725-131-00-020
  • Residence Stories: Two Story
  • Sale/Rent: For Sale
  • Siding: Metal, Stucco
  • Street Descriptionaccess: Paved
  • Type: Stick Built
  • Internet Provider: Elevate
  • Internet Service: Yes
  • Total Taxes Dollar: 2203.88
  • Year Built: 2004
  • Foreign Owned Y N: No
  • Prop Description Remarks: 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 vaulted ceiling, two storage bench seats, granite countertops with gas cooktop. Appliances are less than two years old. There is also in floor radiant heat upstairs and central A/C! 3 outbuildings offer plenty of space for extra storage. 19.6 shares of irrigation water are allocated to the 3 subdivision lots and the lawn sprinkling system is on an auto timer. So much to offer here! Come see for yourself!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Bedrooms: 3
  • Flooring: Carpet-Partial, Tile
  • Estimated Total Sq Ft: 1288
  • Bathrooms Description: 2 full 1 half
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 3
  • Great Room: Yes
  • Main Level Sq Ft: 1288
  • Master Bedrm Dimensions: 13x12
  • Master Bedroom Level: Upper Level
  • Total Office Den: 0

Exterior Features

  • Windows: Vinyl
  • Construction Type: Wood Frame
  • Exterior Structures: Shed
  • Roof: Metal
  • Views: Mountains

Garage/Parking

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

Utilities

  • Utilities: Electric, Propane-Tank Leased, Internet, Phone - Cell Reception
  • Cooling: Central A/C
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: AmeriGas
  • Heating System: Floor Radiant
  • Irrigation Water Description Amount: 19.6 SH alloc betw 3 lots
  • Irrigation Water District: UVWUA
  • Laundry Util Dimensions: 7x10
  • Sewer Supplier: Septic
  • Water Heater: Propane Water Heater
  • Water Rights Irrigation: Yes
  • Water Supplier: Tri-County Water Conservancy

Condo/Co-op/Association

  • Hoa Inclusions: Irrigation

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: 2024

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2025 07/22/25 Price Changed $648,000 -3.0% $503 / Sq Ft
05/01/2025 05/01/25 For Sale $668,000 -- $519 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- Land Title
Warranty Deed $549,900 Land Title
Warranty Deed $549,900 Land Title Guarantee
Warranty Deed $329,900 Heritage Title Co
Warranty Deed $295,000 Land Title Guarantee Co
Warranty Deed $196,000 Land Title Guarantee Company
Deed $87,000 --
Deed -- --
Warranty Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $320,000 New Conventional
Closed $320,000 New Conventional
Closed $320,000 New Conventional
Previous Owner $190,000 New Conventional
Previous Owner $220,000 New Conventional
Source: Public Records

Source: Colorado Real Estate Network (CREN)

MLS Number: 823543

Colorado Real Estate Network (CREN)

APN: R0008575