NOT LISTED FOR SALE

58202 Falcon Rd Olathe, CO 81425

Estimated Value: $620,911 - $643,000

32.6 Acres
$19,385 Price per Acre
1,420,056 Sq Ft Lot

Last Sold March 31, 2021

Last sale price $300,000

Est. 111% increase in value since last sale

Current estimated payment $3,376/month

60 Days on Market

Highlights

  • Barn
  • Home fronts a pond
  • Mountain View
  • Horses Allowed On Property
  • 32.6 Acre Lot
  • Separate Outdoor Workshop

About This Lot

As of March 2021

Great place for your new home. Property already has electricity, water and there is a septic system installed. Nice new 30x40 barn, 12x20 shed, corrals with automatic water, a big pond, trees, fenced and cross fenced, many great locations for a home with big views and all this just minutes from Olathe.

Last Agent to Sell the Property

Burton Bullington

Shaffer Real Estate Company Listed on: 01/11/2021

Last Buyer's Agent

Jan Pappas

Mason Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $414

Lot Details

  • 32.6 Acre Lot
  • Home fronts a pond
  • Barbed Wire
  • Corners Of The Lot Have Been Marked
  • Lot Has A Rolling Slope
  • Property is zoned Agriculture

Property Views

  • Mountain
  • Valley

Schools

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

Farming

  • Barn
  • Cattle
  • Hogs
  • Livestock
  • Sheep or Goats

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral

Utilities

  • Propane
  • Septic System
  • Internet Available
  • Phone Available

Listing and Financial Details

  • Security Deposit $3,000
  • Assessor Parcel Number 372321200018

Community Details

Overview

  • Foothills

Recreation

  • Separate Outdoor Workshop
  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$414

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Fidelity Title
  • Horse Setup: Yes
  • Legal Lot Block: S: 21 T: 50 R: 10 NW4NW4 21-50-10 LESS 677-500 CONTG 5.70 AMOL LESS BLISS MINOR 735-528
  • Livestock Allowed: Cattle, Horses, Poultry, Sheep, Swine
  • Lot Size Acreage: 21-35 Acres
  • Parcel Id Number: 372321200018
  • Property Description: Foothills, Corners Marked
  • Street Descriptionaccess: Gravel
  • Street Designation: Road
  • Waterfront Type: Pond
  • Zoning: Agriculture
  • Domestic Sewer: Septic Installed
  • Domestic Water: Domestic Installed/Paid
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 32.6
  • Current Property Use: Cattle, Horses, Grazing(no Irrig.), Ag/Livestock
  • Em Deposit: 3000
  • Possible Property Use: Residential Single Family, Aglivestock, Cattle, Grazing(no Irrigation), Horses
  • Mineral Rights: Unknown
  • Topography: Rolling
  • Modularmobile Allow: Both
  • Outbuildngsstructures: Barn, Equipment Shed, Misc Sheds, Workshop, Corral, Metal Building
  • Price per Sq Ft: 0.23
  • Sewer Paid: Yes
  • Sewerseptic In: Yes
  • Sold Priceacre: 9202.45
  • Water Tap Available: Yes
  • Water Tap Installed: Yes
  • Total Taxes Dollar: 413.60
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Fence: Barbed Wire
  • Views: Mountains, Valley

Utilities

  • Utilities: Electricity, Internet, Propane Required, Phone - Landline
  • Water Tap Paid: Yes
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Propane
  • Water Supplier: Tri-County Water Conservancy

Schools

  • High School: Olathe 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2021
Closed on
Mar 31, 2021
Sold by
Lee Hall Derrick and Lee Hall Freda
Bought by
Skillo Gabriel M and Skillo Brooke J
Seller's Agent
Burton Bullington
Shaffer Real Estate Company
Buyer's Agent
Jan Pappas
Mason Real Estate, Inc.
List Price
$320,000
Sold Price
$300,000
Premium/Discount to List
-$20,000
-6.25%
Current Estimated Value
$631,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,956
Avg. Annual Appreciation
16.75%
Original Mortgage
$180,000
Outstanding Balance
$117,695
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$514,261

Purchase Details

Closed on
Mar 29, 2011
Sold by
Lowry Mike and Lowry Amy
Bought by
Hall Derrick Lee and Hall Freda Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2010
Sold by
Tyler Melva Lynn and Dull Melva Lynn
Bought by
Lowry Mike and Lowry Amy

Purchase Details

Closed on
Apr 20, 1992
Sold by
Dull Melvin
Bought by
Dull Melvin and Tyler Melva Lynn

Purchase Details

Closed on
Mar 18, 1980
Sold by
Bliss Jack
Bought by
Dull Melvin and Dull Elaine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Skillo Gabriel M $300,000 Fidelity National Title
Hall Derrick Lee $145,000 Fidelity National Title Insu
Lowry Mike $55,000 Fidelity National Title Insu
Dull Melvin -- --
Dull Melvin $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skillo Gabriel M $180,000
Previous Owner Hall Derrick Lee $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2021 03/31/21 Sold $300,000 -6.3% --
03/12/2021 03/12/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $320,000 -- --
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 $1,249 $17,820 $1,580 $16,240
2023 $1,249 $14,680 $1,580 $13,100
2022 $699 $11,100 $1,480 $9,620
2021 $438 $6,920 $1,630 $5,290
2020 $411 $6,630 $1,270 $5,360
2019 $414 $6,630 $1,270 $5,360
2018 $448 $6,990 $1,770 $5,220
2017 $447 $6,990 $1,770 $5,220
2016 $415 $6,610 $1,380 $5,230
2015 $152 $2,630 $1,380 $1,250
2014 $79 $1,460 $1,140 $320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 777742

Colorado Real Estate Network (CREN)

APN: R0009025