NOT LISTED FOR SALE

54481 Banner Rd Delta, CO 81416

Estimated Value: $525,000 - $644,000

4 Beds
2.5 Baths
2,004 Sq Ft
$285/Sq Ft Est. Value

Last Sold February 27, 2023

Last sale price $475,000 $237 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,350/month

48 Days on Market

Highlights

  • Arena
  • Mountain View
  • Great Room
  • RV or Boat Parking
  • Ranch Style House
  • Formal Dining Room

About This Home

As of February 2023

Welcome to this classic home set atop California Mesa with beautiful bucolic views in every direction! The farm features 3 acres, irrigation water, a full size arena, a massive shop that is currently set up to store onions, 3 large silos, and a megashop for storing your vehicles and toys. The home itself boasts 4 bedrooms, 2.5 bathrooms, and both formal and informal living spaces. The open concept kitchen flows into the dining room, and you can look out the picture windows from each room to take in the gorgeous Western Colorado views. A stately fireplace warms the home from the living area just off of the kitchen and dining. There is also an easily accessed 1/2 bath for guests and conveniently located laundry here. Walk out to a secluded courtyard patio from this space and you will find yourself in a peaceful and protected enclave perfect for relaxing, entertaining, and more. Exit out the other side of the living room to the back patio. The fully fenced yard has mature shade trees and lush grass, all watered via an underground sprinkler system. Back inside through the front door you come in to a spacious entryway and another living space. Form here the primary bed and bath are on the West side of the home, compete with multiple closets. All 3 additional bedrooms and another full bathroom are on the East side. The 4th bedroom is extremely large and could also serve as another living space, game room, toy room, or more. This room features a walk-in closet. Hot water baseboard heat keeps the home cozy and a swamp cooler provides relief from the heat in the summer. This property receives income annually from leasing out the silos and onion storage. If you are looking for the quintessential Western Colorado home, this is it. A little bit of acreage, space all around, a classically styled and extremely well built home, and income-producing outbuildings. Located about equidistant between Delta and Olathe, this home is in an ideal location. No covenants!! Come see for yourself all that this little slice of paradise has to offer!

Last Agent to Sell the Property

Katie Chapman-Schmalz

Chapman Real Estate Company, LLC Listed on: 12/01/2022

Last Buyer's Agent

Kimberly Kettle

NextHome Virtual

NextHome Virtual

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,934

Year Built

  • Built in 1945 | Remodeled in 2022

Lot Details

  • 3 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Sprinkler System

Property Views

  • Mountain
  • Valley

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Composition Roof
  • Stick Built Home

Interior Spaces

  • 2,004 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Window Treatments
  • Great Room
  • Family Room
  • Formal Dining Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 8 Car Detached Garage
  • RV or Boat Parking

Outdoor Features

  • Patio

Schools

  • Delta 6-8 Middle School
  • Delta 9-12 High School

Farming

  • 2 Irrigated Acres
  • Cattle
  • Hogs
  • Sheep or Goats

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Arena

Utilities

  • Evaporated cooling system
  • Hot Water Baseboard Heater
  • Heating System Uses Natural Gas
  • Irrigation Water Rights
  • Water Heater
  • Septic Tank
  • Septic System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 349326300006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,934

Year Built

Built in 1945 | Remodeled in 2022

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Microwave
  • Estimated Irrigation Acres: 1.5
  • Estimated Total Acres: 3
  • Class: RESIDENTIAL
  • Em Deposit: 5000
  • Em Holder: Title CO
  • Exterior Inclusions: Landscaping, Irrigation Water, Patio, Lawn Sprinklers
  • Fronts: South
  • Horse Setup: Yes
  • Interior Inclusions: Window Coverings, Ceiling Fan(s), W/D Hookup
  • Legal Lot Block: Subd: WEBB LARGE TRACT EXEEMPTION TRACT 1 S: 26 T: 51 R: 11 according to the recorded plat in the Office of the County Clerk and Recorder filled January 10, 2022
  • List Price per Sq Ft: 249.45
  • Livestock Allowed: Cattle, Horses, Poultry, Sheep, Swine
  • Lot Size Acreage: 2-4.99
  • Parcel Id Number: 349326300006
  • Price Per Sq Ft: 237.03
  • Real Estate Included: Yes
  • Realist Id: 3493-263-00-006
  • Residence Stories: One Story
  • Residence Style: Ranch
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Brick
  • Sold Price Sq Ft: 237.03
  • Street Descriptionaccess: County, Paved
  • Street Designation: Road
  • Tax Account Id: R0016740
  • Type: Stick Built
  • Internet Service Avail: Yes
  • Total Taxes Dollar: 1934.34
  • Year Built: 1945
  • Year Renovated: 2022
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Dining Room: Island, Separate Dining
  • Dining Room: Yes
  • Bedrooms: 4
  • Flooring: Carpet-Partial, Tile, Vinyl
  • Estimated Total Sq Ft: 2004
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 3
  • Family Room: Yes
  • Great Room: Yes
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Fence: Partial Property
  • Windows: Double Pane, Vinyl
  • Exterior Structures: Arena, Garage, Metal Building
  • Roof: Composition
  • Views: Mountains, Valley

Garage/Parking

  • Garage Type: Detached Garage
  • Garage: Yes
  • Garage Capacity: 8

Utilities

  • Utilities: Electric, Natural Gas, Phone - Cell Reception
  • Cooling: Evaporative Cooler
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Propane
  • Heating System: Hot Water Baseboard
  • Irrigation Water Description Amount: 2.9 shares
  • Irrigation Water District: UVWUA
  • Sewer Supplier: Septic
  • Water Heater: Electric Water Heater
  • Water Rights Irrigation: Yes
  • Water Supplier: Tri-County Water Conservancy

Schools

  • Elementary School: Open Enrollment
  • Middle School: Delta 6-8
  • High School: Delta 9-12
  • High School: Delta 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

MLS Schools

  • Elementary School: Open Enrollment
  • Middle School: Delta 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2022
Closed on
Feb 27, 2023
Sold by
Webb James E
Bought by
Webb Skylyn
Seller's Agent
Katie Chapman-Schmalz
Chapman Real Estate Company, LLC
Buyer's Agent
Kimberly Kettle
NextHome Virtual
List Price
$499,900
Sold Price
$475,000
Premium/Discount to List
-$24,900
-4.98%
Views
94
Current Estimated Value
$571,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,966
Avg. Annual Appreciation
8.59%
Original Mortgage
$16,625
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2022
Sold by
Webb James E
Bought by
Webb James E

Purchase Details

Closed on
Aug 19, 2002
Sold by
Webb Robert L and Webb Charlotte L
Bought by
Webb James E and Webb Willyn A
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
Webb Skylyn $475,000 --
Webb James E -- None Listed On Document
Webb James E $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schlauger Lorena $468,722
Closed Webb Skylyn $16,625
Closed Webb Skylyn $466,396
Previous Owner Webb James E $151,900
Previous Owner Webb James E $114,766
Previous Owner Webb James E $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2023 02/27/23 Sold $475,000 -5.0% $237 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
01/16/2023 01/16/23 For Sale $499,900 0.0% $249 / Sq Ft
12/29/2022 12/29/22 Pending -- -- --
12/01/2022 12/01/22 For Sale $499,900 -- $249 / 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 $2,292 $32,890 $6,750 $26,140
2023 $2,292 $42,360 $680 $41,680
2022 $1,925 $30,830 $640 $30,190
2021 $2,042 $32,550 $700 $31,850
2020 $1,903 $30,990 $560 $30,430
2019 $1,917 $30,990 $560 $30,430
2018 $1,877 $29,530 $760 $28,770
2017 $1,873 $29,530 $760 $28,770
2016 $1,867 $29,980 $700 $29,280
2015 $1,722 $29,980 $700 $29,280
2014 $1,955 $36,460 $570 $35,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 799848

Colorado Real Estate Network (CREN)

APN: R0016740