NOT LISTED FOR SALE

6125 5300 Rd Olathe, CO 81425

Estimated Value: $589,988 - $1,061,000

80 Acres
$9,897 Price per Acre
3,484,800 Sq Ft Lot

Last Sold January 30, 2015

Last sale price $465,000 $280 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,336/month

126 Days on Market

Highlights

  • 80 Acre Lot
  • Valley View
  • Eat-In Kitchen
  • Deck
  • Raised Ranch Architecture
  • Pasture

About This Lot

As of January 2015

80 acres of good farm ground with irrigation. Approximately 60 acres irrigated, another 13 in meadow, and approximately 6 in dry grazing. There are 62 shares of UVWUA irrigation. Property is perimeter fenced. The home is a raised ranch with 3 bedrooms, 2 baths, and a full unfinished basement. The home has been rented for several years and the land has been leased to a neighbor. Lessee owns the feed bunks, electric fence, and gated pipe, all of which are excluded from the sale.

Last Agent to Sell the Property

Gary Bertorello

Montrose Home & Land Company Listed on: 08/01/2014

Last Buyer's Agent

Pam Atchley

RE/MAX Today

RE/MAX Today

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,532

Year Built

  • Built in 1991

Lot Details

  • 80 Acre Lot
  • Partially Fenced Property
  • Sloped Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels
  • Property is zoned Agriculture

Home Design

  • Raised Ranch Architecture
  • Ranch Property
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 1,660 Sq Ft Home
  • Ceiling Fan
  • Valley Views
  • Eat-In Kitchen
  • Unfinished Basement

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Farming

  • 60 Irrigated Acres
  • Hay
  • Pasture

Utilities

  • Evaporated cooling system
  • Pellet Stove burns compressed wood to generate heat
  • Hot Water Baseboard Heater
  • Heating System Uses Propane
  • Irrigation Water Rights
  • Water Heater
  • Septic System

Additional Features

  • Deck
  • Accessory Dwelling Unit (ADU)

Listing and Financial Details

  • Security Deposit $7,500
  • Assessor Parcel Number 372516100001

Property Details

Property Type

Land

Est. Annual Taxes

$1,532

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Additional Living Quarters: Yes
  • Appliance Inclusions: Refrigerator, Washer, Dryer
  • Class: Farmranch
  • Em Holder: Land Title
  • Exterior Inclusions: Deck
  • Interior Inclusions: Ceiling Fan(s)
  • Legal Lot Block: S: 16 T: 50 R: 11 N2NE4
  • Lot Size Acreage: 51-100 Acres
  • Parcel Id Number: 372516100001
  • Price Per Sq Ft: 280.12
  • Residence Style: Raised Ranch
  • Siding: Metal
  • Sold Price Sq Ft: 280.12
  • Street Descriptionaccess: County, Gravel
  • Street Designation: Road
  • Zoning: Agriculture
  • Fireplace Type Location: Pellet
  • Domestic Sewer: Septic
  • Domestic Water: Public
  • Property Type: Agriculture
  • Type: With Residence
  • Estimated Irrigation Acres: 60
  • Estimated Total Acres: 80
  • Estimated Total Sq Ft: 1660
  • Current Property Use: Hay Production
  • Em Deposit: 7500.00
  • Main Sf: 1660
  • Possible Property Use: Ag/Livestock, Ag/Row Crops, Grazing, Hay Production, Horses, Pasture
  • Water Rights Irrigation: Yes
  • Annual Irrigation Cost: 2631.69
  • Basement Sq Ft: 1660
  • Can Be Subdivided: Yes
  • Income Producing: Yes
  • Irr Water Descamnt: 62 shares
  • Mineral Rights: Unknown
  • Pasture: Yes
  • Topography: Sloped
  • Views Type: Valley
  • Total Taxes Dollar: 1531.92
  • Year Built: 1991
  • Prop Description Remarks: 80 acres of good farm ground with irrigation. Approximately 60 acres irrigated, another 13 in meadow, and approximately 6 in dry grazing. There are 62 shares of UVWUA irrigation. Property is perimeter fenced. The home is a raised ranch with 3 bedrooms, 2 baths, and a full unfinished basement. The home has been rented for several years and the land has been leased to a neighbor. Lessee owns the feed bunks, electric fence, and gated pipe, all of which are excluded from the sale.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Dining Room: Eat-In Kitchen
  • Bedrooms: 2
  • Flooring: Carpet, Laminate
  • Foundation: Basement
  • Total Bathrooms: 2
  • Basement: Unfinished

Exterior Features

  • Fence: Partial Property
  • Roof: Metal

Utilities

  • Cooling: Evaporative Cooler
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Jc Propane
  • Heating System: Hot Water Baseboard
  • Irrigation Water District: UVWUA
  • Water Heater: Electric Water Heater
  • Water Supplier: Tri-County Water Conservancy

Schools

  • High School: Olathe 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2013

MLS Schools

  • Elementary School: Olathe K-5
  • Middle School: Olathe 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2017
Sold by
Lilly Eddie D and Lilly Cherri M
Bought by
Lilly Eddie D and Lilly Cherri M
Current Estimated Value
$791,747

Purchase Details

Listed on
Aug 1, 2014
Closed on
Jan 28, 2015
Sold by
Smiley Candace
Bought by
Lilly Eddie D and Lilly Cherri M
Seller's Agent
Gary Bertorello
Montrose Home & Land Company
Buyer's Agent
Pam Atchley
RE/MAX Today
List Price
$484,900
Sold Price
$465,000
Premium/Discount to List
-$19,900
-4.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.99%
Original Mortgage
$405,000
Interest Rate
3.83%
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
Lilly Eddie D -- None Available
Lilly Eddie D $465,000 Land Title Guarantee
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lilly Eddie D $405,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2015 01/30/15 Sold $465,000 -4.1% $280 / Sq Ft
12/05/2014 12/05/14 Pending -- -- --
08/01/2014 08/01/14 For Sale $484,900 -- $292 / 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 $2,350 $33,530 $5,600 $27,930
2023 $2,350 $38,610 $6,450 $32,160
2022 $1,608 $25,540 $3,290 $22,250
2021 $1,661 $26,270 $3,380 $22,890
2020 $1,492 $24,080 $3,160 $20,920
2019 $1,291 $20,700 $3,160 $17,540
2018 $1,189 $18,550 $2,650 $15,900
2017 $1,148 $17,940 $2,930 $15,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 697254

Colorado Real Estate Network (CREN)

APN: R0023766