$420,000
SOLD SEP 13, 2024

61388 Jay Jay Rd Montrose, CO 81403

8 Acres
$54,404 Price per Acre
336,283 Sq Ft Lot

Recently Sold

12% Below List Price

176 Days on Market

Highlights

  • No HOA
  • Development of the land is complete
  • Partially Fenced Property

About This Lot

As of September 2024

Now offering a rare heavy industrial zoned 6.45 acre parcel which includes a commercial water tap with installed fire hydrant, and electricity. This property under current zoning for Montrose County could be used for almost anything. There is also a 1.25 acre zoned commercial parcel subject to a current option. Please call for details.

Last Agent to Sell the Property

Ryan Bertorello

Montrose Home and Land Company Brokerage Email: ryanbertorello@gmail.com,970-200-1035 License #100079996 Listed on: 12/11/2023

Last Buyer's Agent

Ryan Bertorello

Montrose Home and Land Company Brokerage Email: ryanbertorello@gmail.com,970-200-1035 License #100079996 Listed on: 12/11/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,135

Lot Details

  • 7.72 Acre Lot
  • Dirt Road
  • Year Round Access
  • Partially Fenced Property
  • Development of the land is complete
  • Property is zoned heavy industrial

Parking

  • Shared Driveway

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Crane
  • Assessor Parcel Number R0010520

Property Details

Property Type

Land

Est. Annual Taxes

$2,135

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Improved Land
  • Current Use: Commercial, Industrial
  • Exclusions: Crane
  • SubdivisionName: na
  • Ownership: Individual
  • REC_RVSpaces: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.88421
  • Attribution Contact: ryanbertorello@gmail.com,970-200-1035
  • Special Features: None

Exterior Features

  • Road Frontage Type: Shared Drive, Year Round
  • Road Surface Type: Dirt

Garage/Parking

  • Attached Garage: No
  • REC_ParkingCount: 0

Utilities

  • Utilities: Electricity Connected, Natural Gas Available
  • Sewer: Community Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Lot Info

  • Parcel Number: R0010520
  • Lot Size Acres: 7.72
  • Fencing: Partial
  • Possible Use: Commercial, Industrial
  • Lot Size Sq Ft: 336283.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2135

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2023
Closed on
Aug 13, 2024
Sold by
Tamayo Michelle
Bought by
Colorado States Group Llc
Seller's Agent
Ryan Bertorello
Montrose Home and Land Company
Buyer's Agent
Ryan Bertorello
Montrose Home and Land Company
List Price
$475,000
Sold Price
$420,000
Premium/Discount to List
-$55,000
-11.58%
Views
44
Current Estimated Value
$420,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194
Avg. Annual Appreciation
-2.14%
Original Mortgage
$315,000
Outstanding Balance
$250,547
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$161,278

Purchase Details

Closed on
Dec 3, 2021
Sold by
Wind River Log Homes Llc
Bought by
Tamayo Michelle

Purchase Details

Closed on
Aug 31, 2001
Sold by
Aldasoro Brothers Partnership
Bought by
Wind River Log Homes Llc

Purchase Details

Closed on
Jan 3, 1979
Sold by
Noble Roger and Noble Gail
Bought by
Aldasoro Brothers
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 Type Sale Price Title Company
Special Warranty Deed $420,000 Land Title Guarantee
Special Warranty Deed $275,000 Land Title
Warranty Deed $43,000 --
Warranty Deed $20,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $315,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2024 09/13/24 Sold $420,000 -11.6% --
06/05/2024 06/05/24 Pending -- -- --
12/11/2023 12/11/23 For Sale $475,000 -- --
Source: REcolorado®

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 $5,831 $81,900 $78,180 $3,720
2023 $6,188 $89,920 $86,050 $3,870
2022 $2,135 $31,030 $30,240 $790
2021 $2,139 $31,030 $30,240 $790
2019 $24 $37,406 $28,000 $9,406
2018 $26 $370 $0 $370
2017 $25 $370 $0 $370
2016 $23 $340 $0 $340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 3642454

REcolorado®

APN: R0010520