NOT LISTED FOR SALE

5399 Government Springs Rd Montrose, CO 81403

Estimated Value: $531,000 - $658,000

3 Beds
2 Baths
1,621 Sq Ft
$352/Sq Ft Est. Value

Last Sold November 21, 2023

Last sale price $490,000 $302 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,112/month

399 Days on Market

Highlights

  • Barn
  • Solar Power System
  • Mountain View
  • Ridgway Elementary School Rated A-
  • 40 Acre Lot
  • Wood Burning Stove

About This Home

As of November 2023

**REDUCED** Becoming harder to find - this off-grid home was built in 2001 on 40 acres and is nearly surrounded by BLM with incredible views. Conveniently located on Government Springs Rd. this home is approximately 15 minutes from Montrose. Included in these serene surroundings is a large shop with 2 bays and plenty of storage and work space. There is also small building the seller states had solar and propane and is described by the county as a "bunkhouse". There is also a barn with a fenced in area for livestock. The owners will be independent of public utilities with their own well, septic system, solar system, propane tank and generator. The propane stove was replaced August 2023. Enjoy the expansive views from almost any window and even the drive coming and going from this unique property. This is a private and tranquil place - and it can be YOURS.

Last Agent to Sell the Property

CHERYL LARSEN

RE/MAX Today Listed on: 09/09/2022

RE/MAX Today

Last Buyer's Agent

Jared Abell

NextHome Virtual

NextHome Virtual

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,527

Year Built

  • Built in 2001

Lot Details

  • 40 Acre Lot
  • Partially Fenced Property

Parking

  • 2 Car Detached Garage

Home Design

  • Farmhouse Style Home
  • Metal Roof
  • Metal Siding
  • Stick Built Home

Interior Spaces

  • 2-Story Property
  • Tongue and Groove Ceiling
  • Wood Burning Stove
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Mountain Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Shed

Utilities

  • Vented Exhaust Fan
  • Heating System Powered By Owned Propane
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Septic Tank
  • Septic System
  • Internet Available

Additional Features

  • Solar Power System
  • Barn

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 403921200032

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,527

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Exhaust Fan
  • Estimated Total Acres: 40
  • Class: RESIDENTIAL
  • Em Deposit: 8000
  • Em Holder: Colorado Title & Closing
  • Exterior Inclusions: Shed/Storage, Covered Porch
  • Interior Inclusions: Wood Stove, W/D Hookup, T&G Ceilings
  • Legal Lot Block: S:21 T:47 NW 1/4 NW 1/4
  • Lot Dimension: 39 acres
  • Lot Size Acreage: 35+
  • Parcel Id Number: 403921200032
  • Price Per Sq Ft: 302.28
  • Property Description: Borders Public Land
  • Real Estate Included: Yes
  • Residence Stories: Two Story
  • Residence Style: Farm House
  • Sale/Rent: For Sale
  • Siding: Metal
  • Sold Price Sq Ft: 302.28
  • Street Descriptionaccess: County, Gravel
  • Tax Account Id: 202-202
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Provider: Hughes Net
  • Internet Service: Yes
  • Total Taxes Dollar: 1527.28
  • Year Built: 2001
  • Foreign Owned Y N: No
  • Prop Description Remarks: **REDUCED** Becoming harder to find - this off-grid home was built in 2001 on 40 acres and is nearly surrounded by BLM with incredible views. Conveniently located on Government Springs Rd. this home is approximately 15 minutes from Montrose. Included in these serene surroundings is a large shop with 2 bays and plenty of storage and work space. There is also small building the seller states had solar and propane and is described by the county as a "bunkhouse". There is also a barn with a fenced in area for livestock. The owners will be independent of public utilities with their own well, septic system, solar system, propane tank and generator. The propane stove was replaced August 2023. Enjoy the expansive views from almost any window and even the drive coming and going from this unique property. This is a private and tranquil place - and it can be YOURS.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Living Room Dining
  • Bedrooms: 3
  • Flooring: Carpet-Partial, Hardwood, Vinyl
  • Estimated Total Sq Ft: 1621
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Fireplace Location Type: Living Room
  • Foundation: Crawl Space
  • Main Level Sq Ft: 960
  • Master Bedroom Level: Upper Level
  • Total Office Den: 0
  • Upper Level Sq Ft: 662

Exterior Features

  • Fence: Partial Property
  • Construction Type: Wood Frame
  • Exterior Structures: Barn, Garage, Workshop
  • Roof: Metal
  • Views: Mountains

Garage/Parking

  • Garage Type: Detached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Electric, Propane-Tank Owned, Solar
  • Electric Supplier: Solar
  • Gas Supplier: Propane
  • Heating System: Wood Stove
  • Sewer Supplier: Septic
  • Water Heater: Propane Water Heater
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 226730

Schools

  • High School: Out of Area

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

MLS Schools

  • Elementary School: Out of Area
  • Middle School: Out of Area

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Nov 21, 2023
Sold by
Haugland Linda J
Bought by
Backus Bryan and Backus Tammie
Seller's Agent
CHERYL LARSEN
RE/MAX Today
Buyer's Agent
Jared Abell
NextHome Virtual
List Price
$720,000
Sold Price
$490,000
Premium/Discount to List
-$230,000
-31.94%
Views
577
Current Estimated Value
$570,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,149
Avg. Annual Appreciation
7.95%
Original Mortgage
$440,000
Outstanding Balance
$431,765
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$138,384

Purchase Details

Closed on
Aug 12, 1994
Bought by
Haugland Monte W
Source: Public Records

Range of Values:

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Average Value
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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
Backus Bryan $490,000 Colorado Title & Closing Servi
Haugland Monte W $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Backus Bryan $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2023 11/21/23 Sold $490,000 -14.8% $302 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
08/03/2023 08/03/23 Price Changed $575,000 -8.7% $355 / Sq Ft
06/13/2023 06/13/23 Price Changed $630,000 -2.3% $389 / Sq Ft
03/29/2023 03/29/23 Price Changed $645,000 -10.4% $398 / Sq Ft
09/09/2022 09/09/22 For Sale $720,000 -- $444 / 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 $1,343 $29,070 $8,620 $20,450
2023 $1,343 $32,040 $9,460 $22,580
2022 $1,162 $30,050 $10,640 $19,410
2021 $1,161 $30,890 $10,920 $19,970
2020 $766 $24,890 $8,250 $16,640
2019 $766 $24,890 $8,250 $16,640
2018 $646 $20,870 $5,890 $14,980
2017 $642 $20,870 $5,890 $14,980
2016 $664 $22,150 $7,470 $14,680
2015 -- $22,150 $7,470 $14,680
2012 -- $26,250 $14,420 $11,830
Source: Public Records

Agents Affiliated with this Home

  • CHERYL LARSEN

    Seller's Agent in 2023

    CHERYL LARSEN

    RE/MAX Today

    (970) 596-8801

    38 Total Sales

    CHERYL LARSEN
    Section Image

  • J

    Buyer's Agent in 2023

    Jared Abell

    NextHome Virtual

    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 798089

Colorado Real Estate Network (CREN)

APN: R002335

Colorado Ouray County Montrose 81403

5399 Government Springs Rd, Montrose, CO

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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