NOT LISTED FOR SALE

61220 Falcon Rd Olathe, CO 81425

Estimated Value: $274,000 - $481,000

10.14 Acres
$35,197 Price per Acre
441,698 Sq Ft Lot

Last Sold January 18, 2022

Last sale price $245,000

Est. 46% increase in value since last sale

Current estimated payment $2,026/month

4 Days on Market

Highlights

  • Horses Allowed On Property
  • Pasture
  • Level Lot
  • 10.14 Acre Lot
  • 10 Irrigated Acres

About This Lot

As of January 2022

This 10.14 acre parcel is ready to go!!! All of the utilities are installed to a previous home site and there is a 1,200 sq.ft. shop/garage with new electrical service and wiring and it is heated with a wood stove. There are 50 amp and 30 amp RV plug-ins on the exterior of the shop. There are also 2 small sheds on the property. The parcel is irrigated with gated pipe and there is a pump for the sprinkler system. The irrigation water amounts to 10 shares of UVWUA irrigation water and is paid through the HOA. The owner stated that the lot can be subdivided into two 5 acre parcels which is currently being verified through Montrose County Planning. The HOA dues are $100/year plus approximately $260/year for the irrigation water. Manufactured and modular homes are allowed.

Last Agent to Sell the Property

Bill Scharf

Phelps Real Estate Group Listed on: 12/02/2021

Last Buyer's Agent

Mario Ramirez

NextHome Virtual

NextHome Virtual

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $656

Lot Details

  • 10.14 Acre Lot
  • Level Lot
  • Property is zoned Agriculture

HOA Fees

  • $8 Monthly HOA Fees

Schools

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

Farming

  • 10 Irrigated Acres
  • Pasture
  • Cattle
  • Sheep or Goats

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

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

Community Details

  • Association fees include irrigation
  • Orchard Homes Association

Listing and Financial Details

  • Security Deposit $2,500
  • Assessor Parcel Number 372324200011

Property Details

Property Type

Land

Est. Annual Taxes

$656

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: Land
  • Em Holder: Title company
  • Legal Lot Block: Lot 11, Orchard Home Subdivision S: 24 T: 50 R: 10
  • Livestock Allowed: Cattle, Horses, Poultry, Sheep
  • Parcel Id Number: 372324200011
  • Street Descriptionaccess: County, Paved
  • Street Designation: Road
  • Zoning: Agriculture
  • HOA Fee Frequency: Annually
  • Domestic Sewer: Septic Installed
  • Domestic Water: Tap Paid, Domestic Installed/Paid, Public, Tap Installed
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Irrigation Acres: 10
  • Estimated Total Acres: 10.14
  • Current Property Use: Residential Single Family, Pasture(irrigated)
  • Em Deposit: 2500
  • Possible Property Use: Residential Single Family, Ag/Row Crops, Aglivestock, Cattle, Hay Pasture/Prod., Horses, Pasture (irrigated)
  • Water Rights Irrigation: Yes
  • Irrigation Systemrights: Gated Pipe
  • Irr Water Descamnt: 10 shares
  • Mineral Rights: Unknown
  • Price Acre: 24644.97
  • Topography: Level
  • Modularmobile Allow: Both
  • Outbuildngsstructures: Metal Building
  • Price per Sq Ft: 0.57
  • Sewerseptic In: Yes
  • Sold Priceacre: 24161.74
  • Water Tap Available: Yes
  • Water Tap Installed: Yes
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 656.20
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Utilities

  • Utilities: Electricity, Phone, Natural Gas, Internet, Phone - Cell Reception
  • Water Tap Paid: Yes
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Irrigation Water District: UVWUA
  • Water Supplier: Menoken Water Company

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Irrigation
  • Hoametro Fees: $100
  • Hoa Name: Orchard Homes Association

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

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
Dec 2, 2021
Closed on
Jan 18, 2022
Sold by
Maguire Lori A
Bought by
Almanza Victor and Almanza Raquel
Seller's Agent
Bill Scharf
Phelps Real Estate Group
Buyer's Agent
Mario Ramirez
NextHome Virtual
List Price
$249,900
Sold Price
$245,000
Premium/Discount to List
-$4,900
-1.96%
Current Estimated Value
$356,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,898
Avg. Annual Appreciation
6.56%
Original Mortgage
$171,500
Outstanding Balance
$159,874
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$148,257

Purchase Details

Closed on
May 5, 2017
Sold by
Letterhos William M and Pollard Letterhos Patricia N
Bought by
Maguire Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,558
Interest Rate
4.23%

Purchase Details

Closed on
Nov 30, 2000
Sold by
Tofflemoyer R William R and Tofflemoyer Leanne
Bought by
Letterhos William M and Letterhos Patricia N Pollard

Purchase Details

Closed on
Jul 24, 1998
Sold by
Tofflemoyer Stout Dennis Lee and Tofflemoyer Stout William
Bought by
Tofflemoyer R William R and Tofflemoyer Leanne

Purchase Details

Closed on
Aug 30, 1990
Sold by
Mitchell Mary C
Bought by
Tofflemoyer Stout Dennis Lee and Tofflemoyer Stout William
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Almanza Victor $245,000 Land Title Guarantee
Maguire Lori A $190,000 Land Title Guarantee
Letterhos William M $126,500 --
Tofflemoyer R William R -- --
Tofflemoyer Stout Dennis Lee $18,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Almanza Victor $171,500
Previous Owner Maguire Lori A $186,558
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2022 01/18/22 Sold $245,000 -2.0% --
12/06/2021 12/06/21 Pending -- -- --
12/02/2021 12/02/21 For Sale $249,900 -- --
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 $876 $12,500 $10,850 $1,650
2023 $135 $2,140 $0 $2,140
2022 $1,894 $30,090 $24,390 $5,700
2021 $103 $13,020 $6,010 $7,010
2020 $656 $10,590 $5,010 $5,580
2019 $661 $10,590 $5,010 $5,580
2018 $542 $8,450 $4,200 $4,250
2017 $541 $8,450 $4,200 $4,250
2016 $495 $7,870 $3,880 $3,990
2015 $456 $7,870 $3,880 $3,990
2014 $427 $7,900 $3,500 $4,400
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Bill Scharf

    Phelps Real Estate Group

    (970) 209-2352

    35 Total Sales

    Bill Scharf
    Section Image
  • Mario Ramirez

    Buyer's Agent in 2022

    Mario Ramirez

    NextHome Virtual

    (970) 497-0247

    93 Total Sales

    Mario Ramirez
    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 788959

Colorado Real Estate Network (CREN)

APN: R0008484

Colorado Montrose County Olathe 81425

61220 Falcon Rd, Olathe, CO

This home is located at 61220 Falcon Rd, Olathe, CO 81425 since 02 December 2021 and is currently estimated at $356,898. 61220 Falcon Rd is a home located in Montrose County with nearby schools including Olathe Elementary School, Olathe Middle and High School, and Olathe Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Colorado Real Estate Network (CREN) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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