NOT LISTED FOR SALE

61240 Falcon Rd Olathe, CO 81425

Estimated Value: $225,810

10 Acres
$22,581 Price per Acre
435,600 Sq Ft Lot

Last Sold May 30, 2024

Last sale price $220,000

Est. 3% increase in value since last sale

Current estimated payment $1,198/month

13 Days on Market

Highlights

  • Horses Allowed On Property
  • Cattle
  • 10 Irrigated Acres
  • Mountain View
  • Shed
  • Partially Fenced Property

About This Lot

As of May 2024

Irrigated pasture, gated pipe and gorgeous San Juan Mountain views from this 10 acre parcel nestled just off Falcon Road. Enjoy quiet evenings, spectacular vistas as you gaze Southerly over the rich and fragrant alfalfa field. This ideal location for your new dream home is waiting for you. The existing 2017 24 foot Jayco trailer on the property is included in the purchase. The detached 8x10' storage shed has a concrete floor. A chicken coop welcomes your chicks. Make this your next home with all the amenities country living offers. Utilities are already installed. Elevate WiFi services this location. The solar powered security gate makes access safe, easy and secure. Take a look at this turn-key property today! You won't be disappointed.

Last Agent to Sell the Property

Jennifer Weber

Norris-Phillips Real Estate, LLC Listed on: 04/09/2024

Last Buyer's Agent

Mark Covington

RE/MAX Alpine View

RE/MAX Alpine View

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $248

Lot Details

  • 10 Acre Lot
  • Partially Fenced Property
  • Barbed Wire
  • Level Lot
  • Cleared Lot
  • Property is zoned Agriculture

Schools

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

Farming

  • 10 Irrigated Acres
  • Hay
  • Cattle
  • Hogs
  • Livestock
  • Sheep or Goats

Utilities

  • Heating System Powered By Owned Propane
  • Irrigation Water Rights
  • Septic System
  • Internet Available
  • Cable TV Available

Additional Features

  • Mountain Views
  • Horses Allowed On Property

Listing and Financial Details

  • Security Deposit $5,000
  • Assessor Parcel Number 372324200013

Community Details

Overview

  • Association fees include irrigation
  • Orchard Home Subdivision

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$248

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Land Title
  • Legal Lot Block: Lot 22 S: 24 T: 50 R: 10
  • Livestock Allowed: Cattle, Horses, Poultry, Sheep, Swine
  • Lot Size Acreage: 5-10 Acres
  • Parcel Id Number: 372324200013
  • Property Description: Cleared
  • Street Descriptionaccess: Gravel
  • Street Designation: Road
  • Zoning: Agriculture
  • Domestic Sewer: Septic Installed
  • Domestic Water: Domestic Installed/Paid
  • Type: Agricultural
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Irrigation Acres: 9.5
  • Estimated Total Acres: 10
  • Current Property Use: Cattle, Horses, Hay Pasture/Prod., Ag/Livestock, Irrigated Farmland
  • Em Deposit: 5000
  • Possible Property Use: Pasture (irrigated), Poultry, Vineyard
  • Water Rights Irrigation: Yes
  • Income Producing: Yes
  • Irrigation Systemrights: Gated Pipe
  • Irr Water Descamnt: HOA
  • Mineral Rights: Unknown
  • Topography: Level
  • Modularmobile Allow: Both
  • Outbuildngsstructures: Misc Sheds
  • Price per Sq Ft: 0.59
  • Sewer Paid: Yes
  • Sewerseptic In: Yes
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 22000
  • Water Tap Available: Yes
  • Water Tap Installed: Yes
  • Total Taxes Dollar: 248.00
  • Prop Description Remarks: Irrigated pasture, gated pipe and gorgeous San Juan Mountain views from this 10 acre parcel nestled just off Falcon Road. Enjoy quiet evenings, spectacular vistas as you gaze Southerly over the rich and fragrant alfalfa field. This ideal location for your new dream home is waiting for you. The existing 2017 24 foot Jayco trailer on the property is included in the purchase. The detached 8x10' storage shed has a concrete floor. A chicken coop welcomes your chicks. Make this your next home with all the amenities country living offers. Utilities are already installed. Elevate WiFi services this location. The solar powered security gate makes access safe, easy and secure. Take a look at this turn-key property today! You won't be disappointed.
  • Subdv Name: Orchard Home
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Fence: Barbed Wire, Partial Property
  • Views: Mountains

Utilities

  • Utilities: Electricity, Cable Tv, Internet, Propane-Tank Owned, Phone - Cell Reception
  • Water Tap Paid: Yes
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Propane
  • Irrigation Water District: UVWUA
  • Water Supplier: Menoken Water Company

Condo/Co-op/Association

  • Hoa Inclusions: Irrigation

Schools

  • High School: Olathe 9-12

Lot Info

  • Geo Subdivision: CO

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
Apr 9, 2024
Closed on
May 30, 2024
Sold by
Tesa Enterprises Trust
Bought by
Padilla Juan Carlos
Seller's Agent
Jennifer Weber
Norris-Phillips Real Estate, LLC
Buyer's Agent
Mark Covington
RE/MAX Alpine View
List Price
$259,000
Sold Price
$220,000
Premium/Discount to List
-$39,000
-15.06%
Views
21
Current Estimated Value
$225,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,810
Avg. Annual Appreciation
1.58%
Original Mortgage
$157,427
Outstanding Balance
$155,449
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$70,361

Purchase Details

Closed on
Aug 4, 2020
Sold by
Jiffi Enterrpises Llc
Bought by
Tesa Enterprises Trusts

Purchase Details

Closed on
Mar 20, 2017
Sold by
Garrett Janetta Kaye
Bought by
Jiffi Enterprises Llc

Purchase Details

Closed on
Oct 15, 1992
Sold by
Balster Clyde O
Bought by
Garrett Janetta K and Garrett John B
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Padilla Juan Carlos $220,000 Land Title
Tesa Enterprises Trusts -- None Available
Jiffi Enterprises Llc $11,500 Land Title Gurantee Co
Garrett Janetta K $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padilla Juan Carlos $157,427
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2024 05/30/24 Sold $220,000 -15.1% --
04/22/2024 04/22/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $259,000 -- --
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 $277 $3,940 $2,030 $1,910
2023 $276 $3,940 $2,030 $1,910
2022 $207 $3,290 $1,900 $1,390
2021 $229 $3,620 $2,090 $1,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 812407

Colorado Real Estate Network (CREN)

APN: R0009268