NOT LISTED FOR SALE

605 Old Mill Rd Creede, CO 81130

Estimated Value: $225,000 - $594,000

3.17 Acres
$125,487 Price per Acre
138,085 Sq Ft Lot

Last Sold October 25, 2021

Last sale price $485,000

Est. 18% decrease in value since last sale

Current estimated payment $2,195/month

Highlights

  • Creek or Stream View
  • Property is near a preserve or public land
  • Level Lot

About This Lot

As of October 2021

This 3.17-acre parcel is located in the Historical Mining Town of Creede Colorado and overlooks the town and surrounding mountains.  Creede is known for its fly fishing on the Rio Grande River, hiking and 4 wheeling trails along with its lively downtown that includes shops, restaurants and the Creede Repertory Theater. The property is close to the town park and is within walking distance to town. The property currently has two homes on it with one that is being rented. The other home is a mobile home which also could be rented. With affordable housing being a problem in every small town in the USA, this could be the perfect location to offer housing to many who are seeking homes in our area. There is room to add another home and possibly room for two smaller homes. There is public water and sewer taps available for additional homes to be added. If you are looking for an income producing property, this could be it. You could also live in one home and rent the other home out.  Short term rentals are also allowed and high-speed fiber optic internet for anyone looking for the convenience of working from home! There are several options to consider with this property. With Creede being 99% national forest, there are not many properties left here especially this size located  so close to town. Come and check out this opportunity. You may even see more possibilities! A 5,000 dollar bonus is being offered to the agent that brings an offer by September 1st.

Last Agent to Sell the Property

Lesley Gannon-Meiering

Legacy Properties West Sotheby's Int. Realty Listed on: 07/14/2020

Legacy Properties West Sotheby's Int. Realty

Co-Listed By

Connie Goodnight

Land Properties, LLC

Last Buyer's Agent

Durango NON MEMBER

NON-MEMBER/FSBO Durango

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,200

Lot Details

  • 3.17 Acre Lot
  • Level Lot
  • Property is zoned Residential Multi Family

Property Views

  • Creek or Stream
  • Mountain

Schools

  • Creede K-6 Elementary School
  • Creede 7-12 Middle School
  • Creede 7-12 High School

Utilities

  • Septic System
  • Sewer Tap Fee
  • Phone Available

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Security Deposit $25,000
  • Assessor Parcel Number 476336124003

Property Details

Property Type

Land

Est. Annual Taxes

$1,200

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Allpine Title
  • Legal Lot Block: LOTS 8 THRU 12-28 THRU 33 LK 51 SO CREEDE, PARTS OF LTS 3,14,21,22,23,24,25,&26 BLK 51 S CREEDE, TRADCT OF LAND W. OF BLOCK 51 & 52 & A TRACT OF LAND E. OF BLK 51 TO CO. HWY 149
  • Lot Size Acreage: 1-5 Acres
  • Parcel Id Number: 476336124003
  • Property Description: Borders Public Land
  • Street Descriptionaccess: State Highway, City/Town
  • Street Designation: Road
  • Zoning: Residential Multi Family, Residential Single Family
  • Domestic Sewer: Sewer Tap Available, Sewer Tap Paid
  • Domestic Water: Tap Paid, Public
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 3.17
  • Current Property Use: Residential Single Family
  • Em Deposit: 25,000
  • Possible Property Use: Residential Single Family
  • Mineral Rights: Unknown
  • Price Acre: 173186.12
  • Topography: Level, Sloped
  • Modularmobile Allow: Both
  • Price per Sq Ft: 3.98
  • Sewer Paid: Yes
  • Sewerseptic In: Yes
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 152996.85
  • Water Tap Available: Yes
  • Water Tap Installed: Yes
  • Total Taxes Dollar: 1200
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains, Stream/River

Utilities

  • Utilities: Electricity, Phone, Phone - Landline, Phone - Cell Reception
  • Water Tap Paid: Yes
  • Electric Supplier: San Luis Valley Rural Electric Cooperative
  • Gas Supplier: Monte Vista Coop
  • Water Supplier: City Of Creede

Schools

  • Elementary School: Creede K-6
  • Middle School: Creede 7-12
  • High School: Creede 7-12
  • High School: Creede 7-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2019

MLS Schools

  • Elementary School: Creede K-6
  • Middle School: Creede 7-12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2011
Bought by
Kolisch Alyce Ann Trust
Current Estimated Value
$397,795
Source: Public Records

Range of Values:

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Average Value
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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
Kolisch Alyce Ann Trust -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2021 10/25/21 Sold $485,000 -11.7% --
08/11/2021 08/11/21 Pending -- -- --
06/14/2021 06/14/21 Price Changed $549,000 -8.3% --
03/31/2021 03/31/21 For Sale $599,000 +23.5% --
12/08/2020 12/08/20 Off Market $485,000 -- --
07/14/2020 07/14/20 For Sale $599,000 -- --
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 $1,032 $15,872 $5,750 $10,122
2023 $1,023 $12,187 $4,415 $7,772
2022 $1,153 $13,844 $5,187 $8,657
2021 $1,140 $13,080 $5,336 $7,744
2020 $1,133 $13,080 $5,336 $7,744
2019 $1,133 $13,080 $5,336 $7,744
2018 $531 $12,220 $4,887 $7,333
2017 $530 $12,220 $4,887 $7,333
2016 $811 $13,220 $5,402 $7,818
2015 $805 $13,220 $5,402 $7,818
2014 $805 $13,235 $5,402 $7,833
2012 $891 $166,279 $67,869 $98,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 772107

Colorado Real Estate Network (CREN)

APN: 476336124003