NOT LISTED FOR SALE

6800 5600 Rd Olathe, CO 81425

Estimated Value: $490,000 - $2,014,000

150.4 Acres
$8,785 Price per Acre
6,551,424 Sq Ft Lot

Last Sold March 08, 2021

Last sale price $1,525,000 $1,288 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $6,862/month

Highlights

  • 150.4 Acre Lot
  • Pasture
  • Crops Farm

About This Lot

As of March 2021

This home is located at 6800 5600 Rd, Olathe, CO 81425 since 10 August 2020 and is currently estimated at $1,321,283, approximately $1,115 per square foot. This property was built in 1915. 6800 5600 Rd is a home located in Montrose County with nearby schools including Olathe Elementary School, Olathe Middle and High School, and Olathe Middle School.

Last Agent to Sell the Property

Joseph Burns

Eagle Land Brokerage Listed on: 08/10/2020

Last Buyer's Agent

Myles Roberts

WesternColoradoRealty.com

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,406

Year Built

  • Built in 1915

Lot Details

  • 150.4

Home Design

  • 1,184 Sq Ft Home
  • Ranch Property

Schools

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

Farming

  • Crops Farm
  • Pasture

Additional Features

  • 1 Full Bathroom
  • 150.4 Acre Lot
  • Internet Available

Listing and Financial Details

  • Security Deposit $20,000
  • Assessor Parcel Number 372318300018

Property Details

Property Type

Land

Est. Annual Taxes

$2,406

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: Farmranch
  • Em Holder: Fidelity National Title
  • Legal Lot Block: Parcel: 3723-183-00-020 S: 18 T: 50 R: 10 A TR OF LAND SITUATED IN US GOVT LOT 4 & IN THE SE4SW4 SEC 18 & US GOVT LOT 1 & NE4NW4 SEC 19 DESC BY M/B DEED #909404 ('19); ALSO SHOWN ON PLAT OF IMPROVEMENT SURVEY RECEPT #909266 S: 19 T: 50 R: 10
  • List Price per Sq Ft: 1288.01
  • Parcel Id Number: 372318300018
  • Price Per Sq Ft: 1288.01
  • Sold Price Sq Ft: 1288.01
  • Street Designation: Road
  • Property Type: Agriculture
  • Type: With Residence
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 150.4
  • Estimated Total Sq Ft: 1184
  • Current Property Use: Ag/Row Crops
  • Em Deposit: 20000
  • Possible Property Use: Ag/Livestock
  • Can Be Subdivided: Unknown
  • Mineral Rights: Unknown
  • Pasture: Yes
  • Total Officedens: 0
  • Internet Service Avail: Yes
  • Total Taxes Dollar: 2405.88
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 1
  • Total Bathrooms: 1

Utilities

  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Water Supplier: Tri-County Water Conservancy

Schools

  • High School: Olathe 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2020
Closed on
Mar 8, 2021
Sold by
Vista Development Llc
Bought by
Fassett Hay And Cattle Llc
Seller's Agent
Joseph Burns
Eagle Land Brokerage
Buyer's Agent
Myles Roberts
WesternColoradoRealty.com
List Price
$1,525,000
Sold Price
$1,525,000
Current Estimated Value
$1,321,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$203,717
Avg. Annual Appreciation
-2.88%
Original Mortgage
$1,067,500
Outstanding Balance
$956,938
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
$364,345
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Fassett Hay And Cattle Llc -- --
Fassett Hay And Cattle Llc $1,525,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fassett Hay And Cattle Llc $1,067,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2021 03/11/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $1,525,000 0.0% $1,288 / Sq Ft
03/08/2021 03/08/21 Sold $1,525,000 -- $1,288 / 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 $11 $113,420 $34,540 $78,880
2023 $6 $90 $90 $0
2022 $3,823 $60,740 $30,640 $30,100
2021 $3,921 $90 $90 $0
2020 $3,304 $90 $90 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph Burns

    Seller's Agent in 2021

    Joseph Burns

    Eagle Land Brokerage

    (970) 209-4400

    98 Total Sales

    Joseph Burns
    Section Image
  • Myles Roberts

    Buyer's Agent in 2021

    Myles Roberts

    WesternColoradoRealty.com

    (970) 234-3391

    113 Total Sales

    Myles Roberts
    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 779551

Colorado Real Estate Network (CREN)

APN: R0650193

Colorado Montrose County Olathe 81425

6800 5600 Rd, Olathe, CO

Not Listed for Sale

Lots

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Colorado Real Estate Network (CREN) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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