NOT LISTED FOR SALE

69141 Racine Rd Montrose, CO 81401

Estimated Value: $618,000 - $1,035,129

3 Beds
2.5 Baths
2,809 Sq Ft
$302/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $745,000 $265 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,679/month

Highlights

  • 80 Acre Lot
  • Deck
  • 2-Story Property
  • Mountain View
  • Wood Burning Stove
  • Pasture

About This Home

As of November 2020

This very quiet, private but yet close to town 80 acre farm that would be perfect for a variety of different uses. Perfect for a cattle operation for the winter months, raise plenty of hay plus pasture for your horses. Property backs up to the BLM providing for many added activities right out your back door. A well kept, comfortable two story home, with an open floor plan, a walk out basement, four bedrooms, covered porch and all sits over looking the property with great San Jaun views makes the property even more unique. The property has a shop and most of the irrigation system is recently installed. Come take a look!

Last Agent to Sell the Property

Burton Bullington

Shaffer Real Estate Company Listed on: 10/02/2020

Last Buyer's Agent

Christine Kersen

NextHome Virtual

NextHome Virtual

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,658

Year Built

  • Built in 1980

Lot Details

  • 80 Acre Lot
  • Cross Fenced
  • Partially Fenced Property
  • Barbed Wire
  • Level Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels
  • Property is zoned Agriculture

Home Design

  • 2-Story Property
  • Ranch Property
  • Metal Roof
  • Log Siding

Interior Spaces

  • 2,809 Sq Ft Home
  • Wood Burning Stove
  • Window Treatments
  • Mountain Views
  • Finished Basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Schools

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

Farming

  • 44 Irrigated Acres
  • Hay
  • Pasture
  • Cattle
  • Livestock

Utilities

  • Evaporated cooling system
  • Boiler Heating System
  • Heating System Uses Propane
  • Baseboard Heating
  • Irrigation Water Rights
  • Propane Water Heater
  • Septic System
  • Internet Available
  • Phone Available

Community Details

  • Foothills
  • Property is near a preserve or public land

Listing and Financial Details

  • Security Deposit $15,000
  • Assessor Parcel Number 399107300005

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,658

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Appliance Inclusions: Refrigerator, Washer, Dishwasher, Dryer, Range/Oven
  • Class: Farmranch
  • Em Holder: Fidelity Title Company
  • Exterior Inclusions: Deck
  • Interior Inclusions: Window Coverings
  • Legal Lot Block: U.S. GOVT. LOT 3 and LOT 4, the W1/2 of the SW1/4 of SEC. 7, T48W, R8W
  • List Price per Sq Ft: 272.34
  • Lot Size Acreage: 51-100 Acres
  • Parcel Id Number: 399107300005
  • Price Per Sq Ft: 265.22
  • Property Description: Foothills, Pastures, Borders Public Land
  • Residence Stories: Two Story
  • Residence Style: Ranch W/Basement
  • Siding: Log
  • Sold Price Sq Ft: 265.22
  • Street Descriptionaccess: County, Gravel
  • Street Designation: Road
  • Zoning: Agriculture
  • Fireplace Type Location: Wood Stove
  • Domestic Sewer: Septic
  • Domestic Water: Public
  • Property Type: Agriculture, Residential/Single Family
  • Type: With Residence
  • Half Bathrooms: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Estimated Irrigation Acres: 44
  • Estimated Total Acres: 80
  • Estimated Total Sq Ft: 2809
  • Current Property Use: Cattle, Ag/Livestock, Hay Production, Pasture, Grazing, Irrigated Farmland
  • Em Deposit: 15,000
  • Possible Property Use: Ag/Livestock, Ag/Row Crops, Cattle, Grazing, Hay Production, Horses, Irrigated Farmland, Pasture, Residential Single Family, Sheep Ranch, Tree Farm
  • Water Rights Irrigation: Yes
  • Annual Irrigation Cost: 1100
  • Can Be Subdivided: Yes
  • Improvementsstructures: Equipment Shed, Metal Building
  • Income Producing: Yes
  • Irrigation Systemrights: Gated Pipe
  • Mineral Rights: Unknown
  • Pasture: Yes
  • Topography: Level, Sloped
  • Total Officedens: 0
  • Views Type: Mountains
  • Internet Provider: Mountain Broadband
  • Internet Service: Yes
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1179

Interior Features

  • Bedrooms: 3
  • Flooring: Carpet, Vinyl
  • Foundation: Basement
  • Full Bathrooms: 0
  • Total Bathrooms: 3
  • Basement: Finished

Exterior Features

  • Fence: Barbed Wire, Cross Fence, Partial Property
  • Roof: Metal

Utilities

  • Utilities: Electricity, Phone
  • Cooling: Evaporative Cooler
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Propane
  • Heating System: Boiler, Electric Baseboard
  • Irrigation Water District: UVWUA
  • Water Heater: Propane Water Heater
  • 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: 2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Nov 13, 2020
Sold by
Edgell Linda D
Bought by
Haynes Eric B and Haynes Rachel M
Seller's Agent
Burton Bullington
Shaffer Real Estate Company
Buyer's Agent
Christine Kersen
NextHome Virtual
List Price
$765,000
Sold Price
$745,000
Premium/Discount to List
-$20,000
-2.61%
Current Estimated Value
$847,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,282
Avg. Annual Appreciation
2.63%
Original Mortgage
$510,000
Outstanding Balance
$453,828
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$393,454
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
Haynes Eric B $745,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haynes Eric B $510,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2020 11/16/20 Off Market $745,000 -- --
11/16/2020 11/16/20 For Sale $765,000 +2.7% $272 / Sq Ft
11/13/2020 11/13/20 Sold $745,000 -- $265 / 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 $2,658 $39,630 $9,640 $29,990
2023 $2,658 $44,480 $9,640 $34,840
2022 $1,935 $29,870 $8,940 $20,930
2021 $2,043 $31,490 $9,820 $21,670
Source: Public Records

Agents Affiliated with this Home

  • Burton Bullington

    Seller's Agent in 2020

    Burton Bullington

    Shaffer Real Estate Company

    (970) 596-4744

    44 Total Sales

    Burton Bullington
    Section Image
  • Christine Kersen

    Buyer's Agent in 2020

    Christine Kersen

    NextHome Virtual

    (970) 318-1389

    91 Total Sales

    Christine Kersen
    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 776518

Colorado Real Estate Network (CREN)

APN: R0025131

Colorado Montrose County Montrose 81401

69141 Racine Rd, Montrose, CO

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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