NOT LISTED FOR SALE

56752 E20 Rd Olathe, CO 81425

Estimated Value: $529,000

51.13 Acres
$10,346 Price per Acre
2,227,223 Sq Ft Lot

Last Sold August 17, 2021

Last sale price $520,000 $428 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,276/month

5 Days on Market

Highlights

  • 51.13 Acre Lot
  • Living Room with Fireplace
  • Pasture
  • Mountain View
  • Ranch Style House
  • 36 Irrigated Acres

About This Lot

As of August 2021

Outstanding farm property, located just a few miles North of Montrose. Irrigation water, views and so much more. At about 5,300 ft. in elevation, this property offers mild winters along with excellent soils for farming, raising horses or an additional homesite. The property is currently enrolled in hay production and winter grazing. The 1200+sq. ft. home is tenant occupied with a move out scheduled for the end of March, 2021. Some TLC would turn it into a nice home/caretaker unit. The present Owner is selling it "as is, where as". Come see this beautiful and quiet setting for yourself!

Last Agent to Sell the Property

Jennifer Weber

Norris-Phillips Real Estate, LLC Listed on: 06/10/2021

Co-Listed By

Teddy Berger

Colorado Land Home & Ranch

Last Buyer's Agent

Dana Gleason

Coldwell Banker Distinctive Properties

Coldwell Banker Distinctive Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,169

Year Built

  • Built in 1946

Lot Details

  • 51.13 Acre Lot
  • Partially Fenced Property
  • Corners Of The Lot Have Been Marked
  • Cleared Lot
  • Property is zoned Agriculture

Home Design

  • Ranch Style House
  • Ranch Property
  • Composition Roof

Interior Spaces

  • 1,216 Sq Ft Home
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Mountain Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Farming

  • 36 Irrigated Acres
  • Hay
  • Pasture

Utilities

  • Irrigation Water Rights
  • Water Heater
  • Septic System
  • Internet Available

Listing and Financial Details

  • Security Deposit $15,000
  • Assessor Parcel Number 372307100003

Property Details

Property Type

Land

Est. Annual Taxes

$1,169

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: Farmranch
  • Em Holder: Land Title Guarantee
  • Legal Lot Block: S: 7 T: 50 R: 10 NW4SE4 7-50-10 EXC THT POR LYG W OF DRY CRK & DESC AS BEG AT SW COR SD NW4SE4 TH N 2652 FT TH E 70FT TH IN SLY DIR ALG DRY CRK TO S BNDY SD NW4SE4 TH W 240 FT POB
  • List Price per Sq Ft: 431.74
  • Lot Size Acreage: 51-100 Acres
  • Parcel Id Number: 372307100003
  • Price Per Sq Ft: 427.63
  • Property Description: Cleared, Corners Marked
  • Residence Stories: One Story
  • Residence Style: Ranch
  • Sold Price Sq Ft: 427.63
  • Street Designation: Road
  • Zoning: Agriculture
  • Fireplace Type Location: Living Room
  • Domestic Sewer: Septic
  • Property Type: Agriculture
  • Type: With Residence
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Irrigation Acres: 36
  • Estimated Total Acres: 51.13
  • Estimated Total Sq Ft: 1216
  • Current Property Use: Hay Production
  • Em Deposit: 15000.00
  • Main Sf: 1216
  • Possible Property Use: Ag/Livestock, Horses
  • Water Rights Irrigation: Yes
  • Annual Irrigation Cost: 1560
  • Can Be Subdivided: Unknown
  • Irrigation Systemrights: Gated Pipe
  • Irr Water Descamnt: 36.9
  • Mineral Rights: Unknown
  • Pasture: Yes
  • Total Officedens: 0
  • Views Type: Mountains
  • Internet Provider: Dishnet
  • Internet Service: Yes
  • Total Taxes Dollar: 1169
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 1177

Interior Features

  • Dining Room: Kitchen/Dining
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Exterior Features

  • Fence: Partial Property
  • Roof: Composition
  • Views: mountains

Utilities

  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Propane
  • Irrigation Water District: UVWUA
  • Water Heater: Electric Water Heater
  • Water Supplier: Tri-County Water Conservancy

Schools

  • High School: Olathe 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2012
Sold by
Hopping Donald W and Hopping Elsie F
Bought by
Urquhart Robert A
Current Estimated Value
$529,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Outstanding Balance
$91,364
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2001
Sold by
Hopping Donald W
Bought by
Hopping Donald W and Hopping Elsie F

Purchase Details

Closed on
Sep 6, 2001
Sold by
Hopping Donald W and Hopping Ralph L Pr Hopping Frances E
Bought by
Hopping Donald W and Hopping Elsie F

Purchase Details

Closed on
Mar 6, 1962
Sold by
Pierce Carl F
Bought by
Hopping Francis E and Hopping Joe F
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Urquhart Robert A -- None Available
Urquhart Robert A $245,000 None Available
Hopping Donald W -- --
Hopping Donald W $125,000 --
Hopping Francis E -- --
Hopping Donald W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Urquhart Robert A $122,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2021 08/17/21 Sold $520,000 -1.0% $428 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $525,000 -- $432 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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
2020 $1,161 $18,740 $10,120 $8,620
2019 $1,202 $18,740 $10,120 $8,620
2018 $1,258 $19,660 $11,910 $7,750
2017 $1,258 $19,660 $11,910 $7,750
2016 $1,078 $18,660 $11,060 $7,600
2015 $1,082 $18,660 $11,060 $7,600
2014 $925 $17,070 $9,410 $7,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 783157

Colorado Real Estate Network (CREN)

APN: R0006875