NOT LISTED FOR SALE

5371 Highway 348 Olathe, CO 81425

Estimated Value: $187,183 - $386,000

6.88 Acres
$41,656 Price per Acre
299,693 Sq Ft Lot

Last Sold August 10, 2021

Last sale price $157,000

Est. 83% increase in value since last sale

Current estimated payment $1,599/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 Acre: 23255.81
  • 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

  • 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

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
$286,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,592
Avg. Annual Appreciation
25.09%

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:

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Average Value
Not Available
List Price
Sold Price
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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 -- 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 Change Sq Ft Price
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

    102 Total Sales

    Gary Cooper
    Section Image
  • Mark Shaffer

    Buyer's Agent in 2021

    Mark Shaffer

    Shaffer Real Estate Company

    (970) 835-9350

    47 Total Sales

    Mark Shaffer
    Section Image
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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

This home is located at 5371 Highway 348, Olathe, CO 81425 since 12 July 2021 and is currently estimated at $286,592. 5371 Highway 348 is a home located in Montrose County with nearby schools including Olathe Elementary School, Olathe Middle and High School, and Olathe Middle School.

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.

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