NOT LISTED FOR SALE

61113 Falcon Rd Olathe, CO 81425

Estimated Value: $483,123 - $524,000

2 Beds
1 Bath
1,728 Sq Ft
$289/Sq Ft Est. Value

Last Sold July 22, 2024

Last sale price $485,000 $281 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,815/month

32 Days on Market

Highlights

  • Horses Allowed On Property
  • Mountain View
  • Wood Burning Stove
  • RV or Boat Parking
  • Deck
  • Living Room with Fireplace

About This Home

As of July 2024

This charming custom log home boasts a large log workshop and a four-car log carport, showcasing meticulous attention to detail, nestled in a private countryside setting. On the main level, a beautifully appointed living room boasts southern windows and a centrally located woodstove encased in block walls, providing efficient heat, also open from the kitchen. Propane service is available for the antique range/oven in the quaint kitchen, which also offers generous shelving space and a sink overlooking northern scenery. Adjacent to the kitchen, a separate laundry room currently houses a washer. Throughout the property are stained glass panes from a historic church in Cedaredge, and old local bricks situated as perfect accent pieces. Don’t miss the mud room showing off more of the craftsmanship. The home offers two bedrooms upstairs, both are non-conforming due to the absence of closets but compensated by ample shelving. Both bedrooms provide access to a covered north-facing deck, offering stunning Grand Mesa views. An additional family room upstairs features built-in seating beneath south-facing windows, offering picturesque San Juan views, accentuated by a masterful curved wooden ceiling. Offering tranquility and charm, this home is an absolute dollhouse! The expansive log workshop is equipped with ample workspace and a large woodstove, complemented by essential tools such as a table saw, lathe, drill press, and lawn mower. Outside, garden beds, fruit trees including apple, cherry, apricot, and walnut, a chicken coop, and a small livestock shed adorn the property, with the western side benefiting from irrigation.

Last Agent to Sell the Property

Doug Phillips

Norris-Phillips Real Estate, LLC Listed on: 05/13/2024

Co-Listed By

Mandy Norris-Snell

Norris-Phillips Real Estate, LLC

Last Buyer's Agent

Marc Hitchcox

NextHome Virtual

NextHome Virtual

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,413

Year Built

  • Built in 1991

Lot Details

  • 10 Acre Lot
  • Irrigation

HOA Fees

  • $17 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding
  • Stick Built Home

Interior Spaces

  • 1,728 Sq Ft Home
  • 2-Story Property
  • Tongue and Groove Ceiling
  • Wood Burning Stove
  • Mud Room
  • Living Room with Fireplace
  • Washer

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • 1 Full Bathroom

Parking

  • 4 Carport Spaces
  • RV or Boat Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Shed

Schools

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

Farming

  • 3 Irrigated Acres
  • Cattle

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Heating System Uses Wood
  • Irrigation Water Rights
  • Water Heater
  • Septic Tank
  • Septic System
  • Internet Available

Community Details

  • Association fees include irrigation
  • Irrigation Only HOA
  • Orchard Home Subdivision

Listing and Financial Details

  • Assessor Parcel Number 372313300018

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,413

Year Built

Built in 1991

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Washer
  • Estimated Irrigation Acres: 2.5
  • Estimated Total Acres: 10
  • Class: RESIDENTIAL
  • Em Deposit: 6,000.00
  • Em Holder: Title Co
  • Exterior Inclusions: Shed/Storage, Irrigation Water, Deck, Covered Porch
  • Interior Inclusions: Wood Stove, T&G Ceilings, Mud Room
  • Legal Lot Block: Subd: ORCHARD HOME SUBD Lot: 4 S: 13 T: 50 R: 10
  • Livestock Allowed: Cattle, Horses
  • Lot Size Acreage: 10 - 19.99
  • Parcel Id Number: 372313300018
  • Price Per Sq Ft: 280.67
  • Real Estate Included: Yes
  • Realist Id: 3723-133-00-018
  • Residence Stories: Two Story
  • Residence Style: Log
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Log
  • Sold Price Sq Ft: 280.67
  • Street Descriptionaccess: Gravel
  • Street Designation: Road
  • Tax Account Id: R0010580
  • Type: Stick Built
  • HOA Fees: Yes
  • Internet Service: Yes
  • Total Taxes Dollar: 1,412.68
  • Year Built: 1991
  • Foreign Owned Y N: No
  • Prop Description Remarks: This charming custom log home boasts a large log workshop and a four-car log carport, showcasing meticulous attention to detail, nestled in a private countryside setting. On the main level, a beautifully appointed living room boasts southern windows and a centrally located woodstove encased in block walls, providing efficient heat, also open from the kitchen. Propane service is available for the antique range/oven in the quaint kitchen, which also offers generous shelving space and a sink overlooking northern scenery. Adjacent to the kitchen, a separate laundry room currently houses a washer. Throughout the property are stained glass panes from a historic church in Cedaredge, and old local bricks situated as perfect accent pieces. Don’t miss the mud room showing off more of the craftsmanship. The home offers two bedrooms upstairs, both are non-conforming due to the absence of closets but compensated by ample shelving. Both bedrooms provide access to a covered north-facing deck, offering stunning Grand Mesa views. An additional family room upstairs features built-in seating beneath south-facing windows, offering picturesque San Juan views, accentuated by a masterful curved wooden ceiling. Offering tranquility and charm, this home is an absolute dollhouse! The expansive log workshop is equipped with ample workspace and a large woodstove, complemented by essential tools such as a table saw, lathe, drill press, and lawn mower. Outside, garden beds, fruit trees including apple, cherry, apricot, and walnut, a chicken coop, and a small livestock shed adorn the property, with the western side benefiting from irrigation.
  • Subdv Name: Orchard Home
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Eat-in Kitchen
  • Bedrooms: 2
  • Flooring: Hardwood, Tile
  • Estimated Total Sq Ft: 1728
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Basement Finished Sq Ft: 864
  • Fireplace Location Type: Living Room, Woodstove
  • Main Level Sq Ft: 864
  • Master Bedroom Level: Upper Level

Exterior Features

  • Construction Type: Log
  • Exterior Structures: Shed, Workshop
  • Roof: Metal
  • Views: Mountains, Valley

Garage/Parking

  • Carport: Yes
  • Carport Spaces: 4

Utilities

  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Propane
  • Heating System: Wood Stove
  • Irrigation Water Description Amount: Appx through irr HOA
  • Irrigation Water District: UVWUA
  • Sewer Supplier: Septic
  • Water Heater: Electric Water Heater
  • Water Rights Irrigation: Yes
  • Water Supplier: Menoken Water Company

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Irrigation
  • Hoametro Fees: 200
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: Irrigation Only

Schools

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

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

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 13, 2024
Closed on
Jul 22, 2024
Sold by
Betzen Nicholas M and Betzen Helen M
Bought by
Swift Garret and Swift Tara Saadet
Seller's Agent
Doug Phillips
Norris-Phillips Real Estate, LLC
Buyer's Agent
Marc Hitchcox
NextHome Virtual
List Price
$524,900
Sold Price
$485,000
Premium/Discount to List
-$39,900
-7.6%
Views
31
Current Estimated Value
$499,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,281
Avg. Annual Appreciation
0.64%
Original Mortgage
$390,000
Outstanding Balance
$387,385
Interest Rate
6.99%
Mortgage Type
VA
Estimated Equity
$101,020

Purchase Details

Closed on
Oct 31, 1989
Sold by
Moats George and Moats Mary
Bought by
Betzen Nicholas M and Betzen Helen M
Source: Public Records

Range of Values:

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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
Swift Garret $485,000 Land Title Guarantee
Betzen Nicholas M $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swift Garret $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2024 07/22/24 Sold $485,000 -7.6% $281 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $524,900 -- $304 / Sq Ft
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 $995 $20,900 $9,230 $11,670
2023 $995 $25,500 $11,260 $14,240
2022 $588 $16,290 $5,840 $10,450
2021 $608 $16,760 $6,010 $10,750
2020 $448 $14,380 $5,010 $9,370
2019 $451 $14,380 $5,010 $9,370
2018 $408 $12,730 $4,200 $8,530
2017 $407 $12,730 $4,200 $8,530
2016 $831 $13,230 $3,880 $9,350
2015 $766 $13,230 $3,880 $9,350
2014 $632 $11,690 $3,500 $8,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 813649

Colorado Real Estate Network (CREN)

APN: R0010580