NOT LISTED FOR SALE

53661 Easter Rd Olathe, CO 81425

Estimated Value: $1,552,791 - $2,027,000

3 Beds
3.5 Baths
4,718 Sq Ft
$366/Sq Ft Est. Value

Last Sold March 07, 2014

Last sale price $850,000 $180 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $9,533/month

709 Days on Market

Highlights

  • Barn
  • Home fronts a pond
  • 94.4 Acre Lot
  • Horses Allowed On Property
  • RV or Boat Parking
  • Creek or Stream View

About This Home

As of March 2014

Spectacular home on 94 acres. Huge views, countless possibilities. Very Special property priced for immediate liquidation.

Last Agent to Sell the Property

Joseph Burns

Eagle Land Brokerage Listed on: 09/13/2011

Co-Listed By

Bryan Walchle

Eagle Land Brokerage

Last Buyer's Agent

Bryan Walchle

Eagle Land Brokerage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,857

Year Built

  • Built in 2005

Lot Details

  • 94.4 Acre Lot
  • Home fronts a pond
  • Barbed Wire
  • Landscaped
  • Lot Has A Rolling Slope
  • Sprinkler System
  • Wooded Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels
  • Property is zoned Agriculture

Property Views

  • Creek or Stream
  • Mountain
  • Valley

Home Design

  • Contemporary Architecture
  • Raised Ranch Architecture
  • Log Cabin
  • Ranch Property
  • Brick Exterior Construction
  • Composition Roof
  • Log Siding
  • Stucco

Interior Spaces

  • 2-Story Property
  • Sound System
  • Cathedral Ceiling
  • Fireplace With Glass Doors
  • Living Room with Fireplace
  • Formal Dining Room
  • Crawl Space
  • Home Security System

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Bedroom
  • 3.5 Bathrooms

Parking

  • 6 Car Attached Garage
  • RV or Boat Parking

Schools

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

Farming

  • Barn
  • Crops Farm
  • 43 Irrigated Acres
  • Hay
  • Pasture
  • Livestock

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral

Utilities

  • Forced Air Heating System
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Irrigation Water Rights
  • Gas Water Heater
  • Septic System
  • Phone Available

Additional Features

  • Patio
  • Accessory Dwelling Unit (ADU)

Community Details

  • Foothills

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Security Deposit $40,000
  • Assessor Parcel Number 372510400017

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,857

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Additional Living Quarters: Yes
  • Appliance Inclusions: Dishwasher, Disposal
  • Class: Farmranch
  • Em Holder: Fidelity Title of Montros
  • Exterior Inclusions: Rv Storage, Landscaped, Lawn Sprinkler System, Patio
  • Fronts: Easter
  • Horse Setup: Yes
  • Interior Inclusions: Cathedral Ceiling, Security System, Sound System, Vaulted Ceiling
  • Legal Lot Block: Call Office
  • Lot Size Acreage: 51-100 Acres
  • Parcel Id Number: 372510400017
  • Price Per Sq Ft: 180.16
  • Property Description: Foothills, Pastures, Wooded Lot
  • Reo Lender Owned: Yes
  • Residence Stories: Two Story
  • Residence Style: Raised Ranch, Log, Contemporary
  • Siding: Brick, Stucco, Log
  • Sold Price Sq Ft: 180.16
  • Street Descriptionaccess: Paved, County, Gravel
  • Street Designation: Road
  • Waterfront Type: Pond
  • Zoning: Agriculture
  • Fireplace Type Location: Living Room, Bedroom, Glass Doors
  • Domestic Sewer: Septic
  • Domestic Water: Installed Paid
  • Property Type: Residential/Single Family
  • Type: With Residence
  • Estimated Irrigation Acres: 43
  • Estimated Total Acres: 94.4
  • Estimated Total Sq Ft: 4718
  • Current Property Use: Ag/Livestock, Ag/Row Crops, Hay Production, Recreation
  • Em Deposit: 40,000.00
  • Main Sf: 2728
  • Upper Level Sq Ft: 1450
  • Water Rights Irrigation: Yes
  • Annual Irrigation Cost: 1793.57
  • Barn Yn: Yes
  • Can Be Subdivided: Yes
  • Corral Yn: Yes
  • Irrigation Systemrights: Gated Pipe
  • Irr Water Descamnt: 47.1
  • Leased Yn: Yes
  • Mineral Rights: Unknown
  • Pasture: Yes
  • Topography: Rolling
  • Views Type: Mountains, Stream/River, Valley
  • Total Taxes Dollar: 3857.44
  • Year Built: 2005
  • Prop Description Remarks: Spectacular home on 94 acres. Huge views, countless possibilities. Very Special property priced for immediate liquidation.
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1179

Interior Features

  • Dining Room: Kitchen Bar, Separate Dining
  • Bedrooms: 3
  • Master Bedroom Dimensions: 24x16
  • Flooring: Wood, Carpet, Slate, Tile
  • Foundation: Crawl Space
  • Total Bathrooms: 3.5

Exterior Features

  • Fence: Barbed Wire
  • Roof: Composition
  • Views: Great

Garage/Parking

  • Garage Type: Attached Garage
  • Garage Capacity: 6

Utilities

  • Utilities: Electricity, Phone
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Amerigas
  • Heating System: Forced Air, Infloor Radiant
  • Irrigation Water District: UVWUA
  • Laundry Util Dimensions: 13x8
  • Water Heater: Gas Water Heater
  • Water Supplier: Tri-County Water Conservancy

Schools

  • High School: Olathe 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2010

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2011
Closed on
Feb 28, 2014
Sold by
American Agcredit Flca
Bought by
Steed Ranch Llc
Seller's Agent
Joseph Burns
Eagle Land Brokerage
Buyer's Agent
Bryan Walchle
Eagle Land Brokerage
List Price
$1,050,000
Sold Price
$850,000
Premium/Discount to List
-$200,000
-19.05%
Current Estimated Value
$1,725,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$875,930
Avg. Annual Appreciation
6.16%

Purchase Details

Closed on
Aug 1, 2011
Sold by
Murthy Rosemary M
Bought by
Farm Credit Services Of The Mountain Pla

Purchase Details

Closed on
Jul 20, 2001
Sold by
Towner Margaret M Trust
Bought by
Keehfuss Jeffrey L and Keehfuss Lark E
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
Steed Ranch Llc $850,000 Fntc
Farm Credit Services Of The Mountain Pla -- None Available
Keehfuss Jeffrey L $375,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2014 03/07/14 Sold $850,000 -19.0% $180 / Sq Ft
08/22/2013 08/22/13 Pending -- -- --
09/13/2011 09/13/11 For Sale $1,050,000 -- $223 / 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 $6,096 $86,990 $15,620 $71,370
2023 $6,096 $93,600 $16,060 $77,540
2022 $4,332 $68,820 $12,760 $56,060
2021 $4,530 $71,620 $13,840 $57,780
2020 $4,449 $71,800 $11,500 $60,300
2019 $4,479 $71,800 $11,500 $60,300
2018 $4,793 $74,760 $14,030 $60,730
2017 $4,784 $74,760 $14,030 $60,730
2016 $4,661 $74,180 $13,100 $61,080
2015 $4,301 $74,180 $13,100 $61,080
2014 $3,589 $66,250 $11,100 $55,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 662284

Colorado Real Estate Network (CREN)

APN: R0016185