NOT LISTED FOR SALE

54156 Faith Trail Olathe, CO 81425

Estimated Value: $452,000 - $544,000

3 Beds
2 Baths
1,760 Sq Ft
$288/Sq Ft Est. Value

Last Sold November 23, 2022

Last sale price $429,000 $244 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,957/month

7 Days on Market

Highlights

  • Under Construction
  • Vaulted Ceiling
  • Granite Countertops
  • Mountain View
  • Ranch Style House
  • 3 Car Attached Garage

About This Home

As of November 2022

Embrace a western Colorado lifestyle in a tranquil setting. This NEW CONSTRUCTION is located on 1.24 irrigated acres with mountain views. With an estimated completion date of 8/1/2022, there are so many things to be excited about as construction continues. Custom built by Red Mountain Construction, this home will include a 3 car garage, radon mitigation system, vaulted ceilings, pantry, granite countertops, stainless steel appliances, large kitchen island, separate laundry room, central air conditioning, open floor plan, patio and much more! Call agent for more details.

Last Agent to Sell the Property

Debra Harmon

20 Sleeps West Real Estate Listed on: 04/04/2022

Last Buyer's Agent

Julie Piland

Real Colorado Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,174

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 1.24 Acre Lot
  • Irrigation

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Ranch Style House
  • Architectural Shingle Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 1,760 Sq Ft Home
  • Vaulted Ceiling
  • Mountain Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Irrigation Water Rights
  • Engineered Septic
  • Septic Tank
  • Internet Available

Additional Features

  • Patio
  • 1 Irrigated Acre

Community Details

  • Association fees include irrigation, road maintenance
  • 3 Bar M Ranch Estates HOA

Listing and Financial Details

  • Assessor Parcel Number 372523303002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,174

Year Built

Built in 2022 | Under Construction

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Disposal, Microwave
  • Estimated Irrigation Acres: 1.24
  • Estimated Total Acres: 1.24
  • Class: RESIDENTIAL
  • Em Deposit: 5000
  • Em Holder: Title Company
  • Estimated Completion Date: 08/01/2022
  • Exterior Inclusions: Irrigation Water, Patio
  • Interior Inclusions: Vaulted Ceiling, Granite Counters, Pantry, Walk In Closet
  • Legal Lot Block: LOT 2 OF GARRETT MINOR SUBDIVISION 5 AND BOUNDARY LINE ADJUSTMENT, ACCORDING TO THE PLAT THEREOF RECORDED JUNE 21, 2021 UNDER RECEPTION NO. 937554, COUNTY OF MONTROSE, STATE OF COLORADO
  • List Price per Sq Ft: 241.48
  • Lot Size Acreage: 1-1.99
  • New Construction: Yes
  • New Construction Type: Under Construction
  • Parcel Id Number: 372523303002
  • Price Per Sq Ft: 243.75
  • Real Estate Included: Yes
  • Realist Id: 3725-233-03-002
  • Residence Stories: One Story
  • Residence Style: Ranch
  • Sale/Rent: For Sale
  • Siding: Stucco
  • Sold Price Sq Ft: 243.75
  • Street Descriptionaccess: County, Gravel
  • Street Designation: Trail
  • Zoning: Residential Single Family
  • Type: Stick Built
  • HOA Fees: Yes
  • Internet Service Avail: Yes
  • Year Built: 2022
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Bedrooms: 3
  • Flooring: Carpet-Partial, Tile, Laminate
  • Estimated Total Sq Ft: 1760
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Foundation: Crawl Space
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Construction Type: Wood Frame
  • Roof: Architectural Shingles
  • Views: Mountains

Garage/Parking

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

Utilities

  • Utilities: Electric, Propane-Tank Leased
  • Cooling: Central A/C
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Propane
  • Heating System: Forced Air
  • Irrigation Water Description Amount: Delivered via HOA
  • Irrigation Water District: UVWUA
  • Sewer Supplier: Septic
  • Water Rights Irrigation: Yes
  • Water Supplier: Tri-County Water Conservancy

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Irrigation, Road Maintenance
  • Hoametro Fees: 400
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: 3 Bar M Ranch Estates

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: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2022
Closed on
Nov 22, 2022
Sold by
Garrett Lawrence David
Bought by
Grundy Jason Robert and Grundy Emily Jean
Seller's Agent
Debra Harmon
20 Sleeps West Real Estate
Buyer's Agent
Julie Piland
Real Colorado Properties
List Price
$425,000
Sold Price
$429,000
Premium/Discount to List
$4,000
0.94%
Views
2
Current Estimated Value
$507,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,232
Avg. Annual Appreciation
5.75%
Original Mortgage
$429,000
Interest Rate
7.08%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Grundy Jason Robert $429,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grundy Jason Robert $468,100
Closed Grundy Jason Robert $466,000
Closed Grundy Jason Robert $429,000
Previous Owner Garrett Lawrence David $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2022 11/23/22 Sold $429,000 +0.9% $244 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $425,000 -- $241 / 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 $2,174 $31,020 $5,560 $25,460
2023 $2,174 $36,000 $6,450 $29,550
2022 $684 $10,870 $10,870 $0
2021 $6 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 792024

Colorado Real Estate Network (CREN)

APN: R0025429