NOT LISTED FOR SALE

5509 Highway 6&24 Parachute, CO 81635

Estimated Value: $438,995 - $554,000

113.3 Acres
$4,195 Price per Acre
4,935,348 Sq Ft Lot

Last Sold December 14, 2018

Last sale price $250,000

Est. 90% increase in value since last sale

Current estimated payment $2,589/month

171 Days on Market

Highlights

  • River Front
  • Green Building
  • Livestock
  • 113.3 Acre Lot
  • No HOA
  • Level Lot

About This Lot

As of December 2018

Bulk offering of 113+ acres with multiple value added components. Two cabins on separate 2 acre parcels that need a little work to become income producers. 33 acres that lies adjacent to Colorado river with water rights. 77 acres of future development ground with great visibility from I-70. Great access to I-70 from new off ramp in West Parachute. This buy/hold opportunity may have a shorter holding period with the most recent activity in the oil/gas industry.

Last Agent to Sell the Property

Brian Bray

Bray Commercial Brokerage Phone: (970) 241-2909 Listed on: 04/25/2018

Last Buyer's Agent

Brian Bray

Bray Commercial Brokerage Phone: (970) 241-2909 Listed on: 04/25/2018

Property Details

Property Type

  • Land

Lot Details

  • 113.3 Acre Lot
  • River Front
  • Level Lot
  • Property is zoned Industrial

Utilities

  • Electricity To Lot Line
  • Propane
  • Water Rights
  • Well
  • Septic Tank
  • Septic Design Installed

Additional Features

  • Green Building
  • Mineral Rights Excluded
  • Livestock

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 240927100076

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Commercial Land
  • Prop. Type: Commercial Land
  • Lot Size Acres: 113.3
  • Subdivision Name: None
  • Directions: I-70 to west parachute about 1.5 miles west on Highway 6 & 24. 3 Parcels on North Side of Highway and 1 Parcel on South Side of Highway
  • Tax Parcel Letter: R260098
  • Attribution Contact: (970) 241-2909
  • General Info:Zoning2: Industrial
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Financing Info:Taxes2: 9126.0
  • Financing Info:Tax Year2: 2018
  • Mineral Rights:No2: Yes
  • Lot Description:Flat: Yes
  • Lot Description:Livestock Permitted: Yes
  • Lot Description:Rolling: Yes
  • Electric:Electric at Property: Yes
  • Water:Well Installed: Yes
  • Sanitation:Septic Installed: Yes
  • Water Rights:Domestic: Yes
  • Lot Description:River Frontage2: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Exterior Features

  • Water Rights Available: Yes

Utilities

  • Building Features: Yes
  • Electric: Electric at Property
  • Sewer: Septic Tank
  • Utilities: Propane
  • Water Source: Well Installed
  • Gas/Propane: Yes

Association/Amenities

  • Listing Info:Member Association: Glenwood Association

Lot Info

  • Lot Size Sq Ft: 4935348.0
  • Parcel #: 240927100076
  • Zoning: Industrial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9126.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2024
Sold by
Scott Hudson Ziegler Trust and Ziegler Scott H
Bought by
35023 Hwy 6 Llc
Current Estimated Value
$475,249

Purchase Details

Listed on
Apr 25, 2018
Closed on
Dec 14, 2018
Sold by
Fts Interantional Services Llc
Bought by
Bray Brian and Porter Nathan
Seller's Agent
Brian Bray
Bray Commercial
Buyer's Agent
Brian Bray
Bray Commercial
List Price
$425,000
Sold Price
$250,000
Premium/Discount to List
-$175,000
-41.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.80%

Purchase Details

Closed on
Sep 6, 2006
Sold by
Hoffpauir Robert R and Hoffpauir Teresa A
Bought by
Frac Tech Services Llc

Purchase Details

Closed on
Nov 29, 2005
Sold by
Verkerk Eugene and Fay Alice
Bought by
Hoffpauir Robert R and Hoffpauir Teresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,400
Interest Rate
6.06%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 19, 1993
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
35023 Hwy 6 Llc -- None Listed On Document
Bray Brian $5,000 Land Title Guarantee Co
Frac Tech Services Llc $425,000 None Available
Hoffpauir Robert R $295,000 --
-- $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoffpauir Robert R $277,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2018 12/14/18 Sold $250,000 -41.2% --
10/14/2018 10/14/18 Pending -- -- --
04/25/2018 04/25/18 For Sale $425,000 -- --
Source: Aspen Glenwood MLS

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 $1,165 $20,890 $3,990 $16,900
2023 $1,165 $20,890 $20,340 $550
2022 $821 $15,180 $14,630 $550
2021 $951 $15,620 $15,060 $560
2020 $1,176 $20,460 $19,970 $490
2019 $141 $2,650 $2,650 $0
2018 $144 $2,650 $2,650 $0
2017 $135 $2,650 $2,650 $0
2016 $147 $19,600 $3,660 $15,940
2015 $790 $19,600 $3,660 $15,940
2014 $496 $13,080 $3,340 $9,740
Source: Public Records

Agents Affiliated with this Home

  • Brian Bray

    Seller's Agent in 2018

    Brian Bray

    Bray Commercial

    (970) 263-2950

    78 Total Sales

    Brian Bray
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Map

Source: Aspen Glenwood MLS

MLS Number: 153702

Aspen Glenwood MLS

APN: R260098

Colorado Garfield County Parachute 81635

5509 Highway 6&24, Parachute, CO

This home is located at 5509 Highway 6&24, Parachute, CO 81635 since 25 April 2018 and is currently estimated at $475,249. 5509 Highway 6&24 is a home located in Garfield County with nearby schools including Bea Underwood Elementary School, Grand Valley Middle School, and Grand Valley High 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.

Aspen Glenwood MLS 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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