NOT LISTED FOR SALE

65836 Otter Rd Montrose, CO 81401

Estimated Value: $546,000 - $771,193

4 Beds
2 Baths
1,600 Sq Ft
$391/Sq Ft Est. Value

Last Sold March 30, 2022

Last sale price $700,000 $438 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $3,445/month

Highlights

  • Horses Allowed On Property
  • 2 Car Detached Garage
  • 10 Irrigated Acres
  • 10.5 Acre Lot

About This Home

As of March 2022

10.5 acres in two parcels make up this jewel tucked into the city of Montrose. It is just an easy walk to the state-of-the-art Rec Center and shopping. The historic 1910 home rests among 100-year-old cottonwood trees on 2.5-acres. 1600 square foot 3 bedroom, 1 ¾ bath, two story farmhouse sits in a beautifully landscaped and tree filled yard. The charming home is tastefully decorated and reflects the architecture and lifestyles of days gone by. The shaded south facing porch provides plenty of room for outdoor entertaining and relaxing during the warm summer nights. Speaking of lifestyle, the current owners fully enjoy an equestrian lifestyle, and the property is complete with all you need, including a 3-stall shaded barn with riding arena and tack shed. The gorgeous 8 acre gently rolling pasture, and ample UVWUA water rights to keep it all green and maintain the two ponds. The cottonwood tree lined ditch meanders the length of both parcels. This retreat is surrounded by the illustrious subdivisions of Otter Pond, The Brook and Wildwood, making it one of the premier rural/city locations of the Western Slope and an ideal spot to build your own estate home.

Last Agent to Sell the Property

Bryan Walchle

Eagle Land Brokerage Listed on: 01/24/2022

Co-Listed By

Brooke Snyder

Real Colorado Properties

Last Buyer's Agent

Bryan Walchle

Eagle Land Brokerage Listed on: 01/24/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,822

Year Built

  • Built in 1940

Lot Details

  • 10.5

Parking

  • 2 Car Detached Garage

Home Design

  • 1,600 Sq Ft Home
  • Stick Built Home

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Cottonwood K-5 Elementary School
  • Columbine 6-8 Middle School
  • Montrose 9-12 High School

Utilities

  • Irrigation Water Rights
  • Internet Available

Additional Features

  • 10.5 Acre Lot
  • 10 Irrigated Acres
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 399304402001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,822

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Estimated Irrigation Acres: 10
  • Estimated Total Acres: 10.5
  • Class: RESIDENTIAL
  • Em Deposit: 50000
  • Em Holder: Fidelity Title
  • Horse Setup: Yes
  • Legal Lot Block: Sixteenth: SW Quarter: SE S: 4 T: 48 R: 9 TRACT OF LAND IN THE SWSE AND SESE SEC 4-48-9 DESC BY M/B 662946 Sixteenth: SE Quarter: SE S: 4 T: 48 R: 9
  • List Price per Sq Ft: 497.19
  • Lot Size Acreage: 10 - 19.99
  • Parcel Id Number: 399304402001
  • Price Per Sq Ft: 437.5
  • Real Estate Included: Yes
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 437.5
  • Type: Stick Built
  • Internet Provider: Spectrum/Charter
  • Internet Service: Yes
  • Total Taxes Dollar: $1,349.92
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Estimated Total Sq Ft: 1600
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 2
  • Total Office Den: 0

Exterior Features

  • Exterior Structures: Garage

Garage/Parking

  • Garage Type: Detached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Irrigation Water Description Amount: 5 shares
  • Irrigation Water District: UVWUA
  • Sewer Supplier: City of Montrose
  • Water Rights Irrigation: Yes
  • Water Supplier: Tri-County Water Conservancy

Schools

  • High School: Montrose 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

MLS Schools

  • Elementary School: Cottonwood K-5
  • Middle School: Columbine 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2022
Closed on
Apr 27, 2022
Sold by
Burns Joseph C and Burns Michelle E
Bought by
Baer Dayna Ann
Seller's Agent
Bryan Walchle
Eagle Land Brokerage
Buyer's Agent
Bryan Walchle
Eagle Land Brokerage
List Price
$795,500
Sold Price
$700,000
Premium/Discount to List
-$95,500
-12.01%
Current Estimated Value
$626,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$73,952
Avg. Annual Appreciation
-3.07%

Purchase Details

Listed on
Jan 24, 2022
Closed on
Mar 30, 2022
Sold by
Tennapel James E and Tennapel Debra L
Bought by
Burns Joseph C and Burns Michelle E
Seller's Agent
Bryan Walchle
Eagle Land Brokerage
Buyer's Agent
Bryan Walchle
Eagle Land Brokerage
List Price
$795,500
Sold Price
$700,000
Premium/Discount to List
-$95,500
-12.01%
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Baer Dayna Ann $650,000 None Listed On Document
Baer Dayna Ann -- None Listed On Document
Burns Joseph C $425,000 None Listed On Document
Burns Joseph C -- None Listed On Document
Koch Christopher R -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2022 03/30/22 Sold $700,000 -12.0% $438 / Sq Ft
01/29/2022 01/29/22 Pending -- -- --
01/24/2022 01/24/22 For Sale $795,500 -- $497 / 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 $1,822 $25,590 $12,010 $13,580
2023 $1,822 $30,370 $14,250 $16,120
2022 $1,341 $19,490 $8,560 $10,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 789974

Colorado Real Estate Network (CREN)

APN: R0025960