NOT LISTED FOR SALE

61769 Le Rd Collbran, CO 81624

Estimated Value: $576,000 - $1,200,000

2 Beds
1 Bath
2,368 Sq Ft
$382/Sq Ft Est. Value

Sale Details

Date Sold: August 20, 2021

Last sale price $6,300,000 $2,660 Per Sq Ft

Current estimated payment $5,198 / mo

1132 Days on Market

Highlights

  • 1,720 Acre Lot
  • No HOA
  • Agricultural
  • Main Floor Primary Bedroom

About This Home

As of August 2021

Situated on the north slope of the Grand Mesa in western Colorado, this scenic 1,720± acre mountain ranch is highlighted by excellent big game hunting combined with abundant water resources and agricultural production. The diverse landscape rises from lower-elevation irrigated meadows and oaks up through expansive aspen and conifer forests that reach to the national forest boundary along two sides. Several creeks course through separate drainages on the ranch providing water for fishing, wildlife, livestock, and irrigation of hay meadows and pastures. The resulting wildlife habitat is ideal for a variety of species including elk, mule deer, moose, black bear, cougar, and turkey. In addition to wild brook trout in Grove Creek, there are a number of ponds well suited for stocking. Productive water rights anchor the agricultural operation, which is complemented by additional revenue from a hunting lease and rental unit income. Improvements include several modest homes and cabins for owner and guest usage, along with multiple barns and agricultural accessory buildings. Bordering a county road for easy access, the ranch is also served by electric power and has an extensive interior network of roads and trails. Grove Creek Ranch has an end-of-the-road setting, yet is only 10 minutes from the local ranching town of Collbran, 40 minutes from Powderhorn Mountain Resort ski area, and less than an hour from the city of Grand Junction and the commercial airport. There has been no mineral development on the ranch, however it is located in a well-known natural gas basin, and seller-owned minerals amounting to 50% of 1,120± acres are included. This means it would be unlikely that the minerals are developed without the mutual agreement of the ranch owner, and for a buyer desiring mineral royalty income, could result in a significant future revenue stream. Productive water rights anchor the agricultural operation, which is complemented by additional revenue from a hunting lease and rental unit income. Improvements include several modest homes and cabins for owner and guest usage, along with multiple barns and agricultural accessory buildings. Bordering a county road for easy access, the ranch is also served by electric power and has an extensive interior network of roads and trails. Grove Creek Ranch has an end-of-the-road setting, yet is only 10 minutes from the local ranching town of Collbran, 40 minutes from Powderhorn Mountain Resort ski area, and less than an hour from the city of Grand Junction and the commercial airport. There has been no mineral development on the ranch, however it is located in a well-known natural gas basin, and seller-owned minerals amounting to 50% of 1,120± acres are included. This means it would be unlikely that the minerals are developed without the mutual agreement of the ranch owner, and for a buyer desiring mineral royalty income, could result in a significant future revenue stream.

Last Agent to Sell the Property

Brian Smith

Hall and Hall Partners Brokerage Phone: (970) 879-5544 License #EA40008667 Listed on: 01/27/2021

Last Buyer's Agent

Dave Harrigan

Harrigan Land Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,954

Year Built

  • Built in 1998

Lot Details

  • 1,720 Acre Lot
  • Property is zoned Agricultural

Parking

  • No Garage

Interior Spaces

  • 2,368 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Bathroom

Farming

  • Agricultural

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 271720100129

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,954

Year Built

Built in 1998

Lot Details

1,720 Acres

Listing Details

  • Property Sub Type: Agricultural
  • Prop. Type: Residential
  • Lot Size Acres: 1720.0
  • Subdivision Name: None
  • Directions: Call listing broker for directions
  • Master Model: No
  • Year Built: 1998
  • Tax Parcel Letter: R022290
  • Attribution Contact: (970) 879-5544
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Agricultural
  • General Info:Main Floor Master: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • General Info:Levels: 1.5
  • Financing Info:Taxes2: 5954.08
  • Financing Info:Tax Year2: 2019
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 2368.0

Garage/Parking

  • Keywords Info:Garage: None

Association/Amenities

  • Listing Info:Member Association: Glenwood Association

Lot Info

  • Lot Size Sq Ft: 74923200.0
  • Parcel #: 271720100129
  • Zoning: Agricultural
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5954.08
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2002
Sold by
Swanson Gary R and Swanson Audreyetta
Bought by
Glas Rosemarie
Current Estimated Value
$905,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,137
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 1996
Sold by
Anderson Hereford Ranch Inc and Anderson W D
Bought by
Swanson Gary Robert and Swanson Audreyetta
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
Glas Rosemarie -- --
Glas Rosemarie $400,000 Abstract & Title Company
Glas Rosemarie $4,250,000 Abstract & Title Company
Swanson Gary Robert $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glas Rosemarie $62,137
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2021 08/20/21 Sold $6,300,000 -6.7% $2,660 / Sq Ft
07/05/2021 07/05/21 Pending -- -- --
05/29/2018 05/29/18 For Sale $6,750,000 -- $2,851 / Sq Ft
Source: Aspen Glenwood MLS

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
2025 $4,373 $60,970 $1,590 $59,380
2024 $2,593 $47,840 $1,570 $46,270
2023 $2,593 $47,840 $1,570 $46,270
2022 $2,158 $50,390 $1,520 $48,870
2021 $2,466 $53,100 $1,670 $51,430
2020 $2,329 $52,030 $1,600 $50,430
2019 $2,065 $52,030 $1,600 $50,430
2018 $2,744 $56,940 $1,530 $55,410
2017 $2,656 $56,940 $1,530 $55,410
2016 $2,704 $57,720 $1,430 $56,290
2015 $2,596 $57,720 $1,430 $56,290
2014 $2,573 $56,890 $1,330 $55,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 154259

Aspen Glenwood MLS

APN: 2717-201-00-129

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