NOT LISTED FOR SALE

5371 Highway 348 Olathe, CO 81425

Estimated Value: $190,828

6.88 Acres
$27,737 Price per Acre
299,693 Sq Ft Lot

Last Sold August 10, 2021

Last sale price $157,000

Est. 22% increase in value since last sale

Current estimated payment $1,036/month

5 Days on Market

About This Lot

As of August 2021

Very nice 6.8 acre irrigated tract of land in a great location west of Olathe. Nice views of Grand Mesa. Domestic water tap is installed and paid for. A great spot for your dream home!

Last Agent to Sell the Property

Gary Cooper

RE/MAX Alpine View Listed on: 07/12/2021

RE/MAX Alpine View

Last Buyer's Agent

Mark Shaffer

Shaffer Real Estate Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,272

Lot Details

  • 6.88 Acre Lot
  • Lot Dimensions are 640x470
  • Property is zoned Agriculture

HOA Fees

  • $27 Monthly HOA Fees

Schools

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

Farming

  • Crops Farm
  • 7 Irrigated Acres

Utilities

  • Irrigation Water Rights

Community Details

  • Association fees include irrigation
  • Blankenship Minor HOA

Listing and Financial Details

  • Security Deposit $2,500
  • Assessor Parcel Number 372513100021

Property Details

Property Type

Land

Est. Annual Taxes

$1,272

Lot Details

0

HOA Fees

$27 per month

Listing Details

  • Class: Land
  • Em Holder: Land Title Guarantee Co.
  • Legal Lot Block: Blankenship Minor Lot:2
  • Lot Dimension: 640x470
  • Lot Size Acreage: 5-10 Acres
  • Parcel Id Number: 372513100021
  • Zoning: Agriculture
  • HOA Fee Frequency: Annually
  • Domestic Water: Tap Paid, Domestic Installed/Paid, Tap Installed
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Irrigation Acres: 6.8
  • Estimated Total Acres: 6.88
  • Current Property Use: Ag/Row Crops
  • Em Deposit: 2500
  • Possible Property Use: Residential Single Family, Ag/Row Crops
  • Water Rights Irrigation: Yes
  • Irrigation Systemrights: Gated Pipe
  • Irr Water Descamnt: HOA
  • Mineral Rights: Unknown
  • Price per Sq Ft: 0.53
  • Sold Priceacre: 22819.77
  • Water Tap Available: Yes
  • Water Tap Installed: Yes
  • HOA Fees: Yes
  • Total Taxes Dollar: 1272.16
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Utilities

  • Utilities: Electricity, Natural Gas
  • Water Tap Paid: Yes
  • Gas Supplier: Black Hills Energy
  • Irrigation Water District: UVWUA
  • Water Supplier: Tri-County Water Conservancy

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Irrigation
  • Hoametro Fees: 318
  • Hoa Name: Blankenship Minor

Schools

  • High School: Olathe 9-12

Lot Info

  • Geo Subdivision: CO

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
Jul 12, 2021
Closed on
Aug 10, 2021
Sold by
Macias Venancio and Macias Maria Socorro
Bought by
Johnson Rodney
Seller's Agent
Gary Cooper
RE/MAX Alpine View
Buyer's Agent
Mark Shaffer
Shaffer Real Estate Company
List Price
$160,000
Sold Price
$157,000
Premium/Discount to List
-$3,000
-1.88%
Current Estimated Value
$190,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,828
Avg. Annual Appreciation
4.50%

Purchase Details

Closed on
Nov 30, 2005
Sold by
Newman Jared C and Newman Tanya B
Bought by
Macias Venancio and Macias Maria Socorro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,116
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2004
Sold by
Tobin Cheri Kim
Bought by
Newman Jared C and Newman Tanya B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Purchase History

Date Buyer Sale Price Title Company
Johnson Rodney -- Land Title Guarantee Company
Johnson Rodney $157,000 Land Title Guarantee Company
Macias Venancio $125,000 None Available
Newman Jared C $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Macias Venancio $103,116
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2021 08/10/21 Sold $157,000 -1.9% --
07/17/2021 07/17/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $160,000 -- --
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 $129 $1,840 $1,840 $0
2023 $129 $39,440 $39,440 $0
2022 $1,292 $20,530 $20,530 $0
2021 $1,298 $20,530 $20,530 $0
2020 $1,190 $19,200 $19,200 $0
2019 $1,198 $19,200 $19,200 $0
2018 $1,026 $16,010 $16,010 $0
2017 $1,024 $16,010 $16,010 $0
2016 $875 $13,920 $13,920 $0
2015 $807 $13,920 $13,920 $0
2014 $754 $13,920 $13,920 $0
Source: Public Records

Agents Affiliated with this Home

  • Gary Cooper

    Seller's Agent in 2021

    Gary Cooper

    RE/MAX

    (970) 209-7710

    97 Total Sales

    Gary Cooper
    Section Image
  • Mark Shaffer

    Buyer's Agent in 2021

    Mark Shaffer

    Shaffer Real Estate Company

    (970) 835-9350

    44 Total Sales

    Mark Shaffer
    Section Image
See All Agents

Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 784576

Colorado Real Estate Network (CREN)

APN: R0016689

Colorado Montrose County Olathe 81425

5371 Highway 348, Olathe, CO

Not Listed for Sale

Lots

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Colorado Real Estate Network (CREN) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes