NOT LISTED FOR SALE

59792 East Mesa Rd Olathe, CO 81425

Estimated Value: $396,000 - $573,291

14 Beds
7 Baths
1,330 Sq Ft
$364/Sq Ft Est. Value

Last Sold October 25, 2023

Last sale price $460,000 $346 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,939/month

115 Days on Market

About This Home

As of October 2023

This home is located at 59792 East Mesa Rd, Olathe, CO 81425 since 15 May 2023 and is currently estimated at $484,646, approximately $364 per square foot. This property was built in 1889. 59792 East Mesa Rd is a home located in Montrose County with nearby schools including Olathe Elementary School, Olathe Middle and High School, and Olathe Middle School.

Last Agent to Sell the Property

Valerie Meyers

Coldwell Banker Distinctive Properties Listed on: 05/15/2023

Coldwell Banker Distinctive Properties

Last Buyer's Agent

Makura Casias

Keller Williams Realty Southwest Associates, LLC - Montrose

Keller Williams Realty Southwest Associates, LLC - Montrose

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,397

Year Built

  • Built in 1889

Lot Details

  • 8.36 Acre Lot
  • Lot Dimensions are 617' x 590'
  • Cleared Lot

Home Design

  • Composition Roof
  • Metal Roof

Interior Spaces

  • 7 Full Bathrooms
  • 1,330 Sq Ft Home
  • 1.5-Story Property
  • Mountain Views

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Schools

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

Utilities

  • Septic Tank

Listing and Financial Details

  • The owner pays for real estate taxes, trash, water/sewer, electric, gas
  • Assessor Parcel Number 372315100048

Community Details

Overview

  • 7 Units

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,397

Year Built

Built in 1889

Lot Details

8.36 Acres

Listing Details

  • Estimated Total Acres: 8.36
  • Class: Multifamily
  • Em Deposit: 16000
  • Em Holder: Land title
  • Fronts: East Mesa
  • Legal Lot Block: SUBD: D W INTRAFAMILY SUBD S: 15 T: 50 R: 10
  • Lot Dimension: 617' x 590'
  • Lot Size Acreage: 5-9.99
  • Parcel Id Number: 372315100048
  • Price Per Sq Ft: 345.86
  • Property Description: Cleared
  • Residence Stories: One Story, 1.5 Story
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 345.86
  • Street Descriptionaccess: County, 100'-150' Frontage
  • Street Designation: Road
  • Tax Account Id: R0008660
  • Domestic Water Sewer: Septic, District Water
  • Landlord Pays: Real Estate Taxes, Trash, Water/Sewer, Electric, Gas
  • Metered: Metered for Electricity, Metered for Gas, Metered for Water
  • Property Mngr: on site tenant
  • Total Number Electric Meters: 7
  • Total Number Water Meters: 7
  • Total Taxes Dollar: 3397.16
  • Year Built: 1889
  • Prop Description Remarks: RARE 8.36 acre parcel with seven individual homes and one garage. Fantastic opportunity for an investor! Priced to sell, and being sold As-Is. Six of the seven homes are rented. No written leases are in place. Recently, some electrical panels have been updated and replaced.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 10721073

Interior Features

  • Master Bedroom: Main Level
  • Estimated Total Sq Ft: 1330
  • Full Bathrooms: 7
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 7
  • Main Level Sq Ft: 6585
  • Total Office Den: 0

Exterior Features

  • Roof: Composition, Metal
  • Views: Mountains

Garage/Parking

  • Garage Type: Detached Garage
  • Garage: Yes
  • Parking Spaces: 35
  • Garage Capacity: 2
  • Parking: Off Street

Utilities

  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Sewer Supplier: Septic
  • Water Supplier: Menoken Water Company

Schools

  • High School: Olathe 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Multi Family

  • No. of Units: 7

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
May 15, 2023
Closed on
Oct 17, 2023
Sold by
Robert J Eckert Trust
Bought by
Cartho Llc
Seller's Agent
Valerie Meyers
Coldwell Banker Distinctive Properties
Buyer's Agent
Makura Casias
Keller Williams Realty Southwest Associates, LLC - Montrose
List Price
$875,000
Sold Price
$460,000
Premium/Discount to List
-$415,000
-47.43%
Views
87
Current Estimated Value
$484,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,646
Avg. Annual Appreciation
2.29%

Purchase Details

Closed on
Jan 20, 2022
Sold by
Greener Fields Llc
Bought by
Tucker Robert and Tucker Margaret E

Purchase Details

Closed on
Jun 14, 2010
Sold by
Eckert Robert J
Bought by
Eckert Robert J

Purchase Details

Closed on
Nov 4, 1991
Sold by
Wilson Danny E
Bought by
Eckert Robert J

Purchase Details

Closed on
Sep 27, 1991
Sold by
Wilson Dolores
Bought by
Wilson Danny E
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
Cartho Llc $460,000 Land Title
Tucker Robert $450,000 Land Title
Eckert Robert J -- None Available
Eckert Robert J $100,000 --
Wilson Danny E -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2023 10/25/23 Sold $460,000 -7.8% $346 / Sq Ft
09/07/2023 09/07/23 Pending -- -- --
08/09/2023 08/09/23 Price Changed $499,000 -28.6% $375 / Sq Ft
07/31/2023 07/31/23 Price Changed $699,000 -9.8% $526 / Sq Ft
05/31/2023 05/31/23 Price Changed $775,000 -11.4% $583 / Sq Ft
05/15/2023 05/15/23 For Sale $875,000 -- $658 / 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
2024 $5,298 $75,260 $30,400 $44,860
2023 $5,274 $81,890 $33,080 $48,810
2022 $3,397 $53,970 $16,810 $37,160
2021 $3,511 $55,520 $17,290 $38,230
2020 $2,924 $47,180 $14,410 $32,770
2019 $2,943 $47,180 $14,410 $32,770
2016 $2,595 $41,290 $11,140 $30,150
2015 $2,391 $41,290 $11,140 $30,150
2014 $2,009 $37,140 $10,030 $27,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 803374

Colorado Real Estate Network (CREN)

APN: R0008660

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