Seller's Agent in 2023
Valerie Meyers
Coldwell Banker Distinctive Properties
(970) 209-1378
271 Total Sales
6530 5400 Rd Olathe, CO 81425
Estimated Value: $646,000 - $1,150,000
160.1
Acres
$5,889
Price per Acre
6,973,956
Sq Ft Lot
Highlights
- 160.1 Acre Lot
- Wood Flooring
- Hay Barn
- Mountain View
- Farmhouse Style Home
- Crops Farm
About This Lot
As of April 2023Just west of the town of Olathe off HWY 348, is a parcel of Land that has been in the same family for nearly 75 years. Magnificent views of the San Juan Mountain and the Cimarron Mountain ranges to the south. To the north views of the Grand Mesa. The opportunity to own prime farm ground in Olathe, Co is yours if you want it. Currently farmed and leased through growing season of 2024 this parcel has 131.8 shares of UVWUA water. There is a 2062 square foot home on the property that is in need of a renovation. Also included on the property is a 960 square foot pole barn and 1120 SF farm building.
Last Agent to Sell the Property
Coldwell Banker Distinctive Properties Listed on: 09/25/2022
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,209
Year Built
- Built in 1920
Lot Details
- 160.1 Acre Lot
- Level Lot
- Property is zoned Agriculture
Home Design
- Farmhouse Style Home
- Ranch Property
- Composition Roof
- Stucco
Interior Spaces
- 1.5-Story Property
- Wood Flooring
- Mountain Views
- Partial Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Shed
Schools
- Olathe K-5 Elementary School
- Olathe 6-8 Middle School
- Olathe 9-12 High School
Farming
- Hay Barn
- Crops Farm
- 132 Irrigated Acres
Utilities
- Irrigation Water Rights
- Septic System
- Internet Available
Listing and Financial Details
- Security Deposit $25,000
- Assessor Parcel Number 372514200002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 25, 2022
Closed on
Apr 20, 2023
Sold by
Vanderpool James Ray
Bought by
Poteet Jeremiah and Willsie-Poteet Delana
Seller's Agent
Valerie Meyers
Coldwell Banker Distinctive Properties
Buyer's Agent
Deborah Reed
Phelps Real Estate Group
List Price
$1,150,000
Sold Price
$1,050,000
Premium/Discount to List
-$100,000
-8.7%
Views
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$107,100
Avg. Annual Appreciation
-3.73%
Purchase Details
Closed on
Apr 12, 2022
Sold by
Helen Louise Thomas 1991 Trust
Bought by
Vanderpool James Ray
Purchase Details
Closed on
Jun 26, 1991
Sold by
Thomas Helen Louise
Bought by
Thomas Helen Louise Trust
Purchase Details
Closed on
Aug 12, 1974
Sold by
Vanderpool Helen Louise
Bought by
Thomas Helen Louise
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Poteet Jeremiah | $1,050,000 | Land Title | |
| Vanderpool James Ray | $500 | None Listed On Document | |
| Thomas Helen Louise Trust | -- | -- | |
| Thomas Helen Louise | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/20/2023 04/20/23 | Sold | $1,050,000 | -8.7% | $509 / Sq Ft |
| 03/03/2023 03/03/23 | Pending | -- | -- | -- |
| 02/05/2023 02/05/23 | For Sale | $1,150,000 | 0.0% | $558 / Sq Ft |
| 01/23/2023 01/23/23 | Pending | -- | -- | -- |
| 09/25/2022 09/25/22 | For Sale | $1,150,000 | -- | $558 / Sq Ft |
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 | $4,305 | $51,100 | $38,250 | $12,850 |
| 2023 | $3,581 | $55,920 | $39,410 | $16,510 |
| 2022 | $2,963 | $47,070 | $34,750 | $12,320 |
| 2021 | $3,209 | $50,730 | $37,990 | $12,740 |
| 2020 | $2,650 | $42,770 | $31,420 | $11,350 |
| 2019 | $2,668 | $42,770 | $31,420 | $11,350 |
| 2018 | $3,192 | $49,790 | $39,620 | $10,170 |
| 2017 | $3,186 | $49,790 | $39,620 | $10,170 |
| 2016 | $2,926 | $46,570 | $36,610 | $9,960 |
| 2015 | $2,700 | $46,570 | $36,610 | $9,960 |
| 2014 | $2,146 | $39,610 | $30,250 | $9,360 |
Source: Public Records
Agents Affiliated with this Home
-
Valerie Meyers
-
Deborah Reed
Buyer's Agent in 2023
Deborah Reed
Phelps Real Estate Group
(970) 209-1396
23 Total Sales
Map
Source: Colorado Real Estate Network (CREN)
MLS Number: 798480
APN: R0006844
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