$1,000,000
SOLD MAR 14, 2025

7305 County Road 160 Salida, CO 81201

2.45 Acres
$408,163 Price per Acre
106,722 Sq Ft Lot

Recently Sold

$1,488 Per Sq Ft

43% Below List Price

129 Days on Market

Highlights

  • Water Views
  • 2.45 Acre Lot
  • Circular Driveway
  • Longfellow Elementary School Rated 9+
  • No HOA
  • Development of the land is complete

About This Lot

As of March 2025

Prime development opportunity on the mesa at the edge of town. Bordered on two sides by R2 zoned neighborhoods, this parcel sits within the City of Salida's Future Land Use Map for residential development. City water across the street, City sewer at the property line. Annex into the City with the potential to subdivide into 12 single-family residential lots or 24 multi-family residential lots with R2 zoning. Level building site with commanding views of the valley and Collegiate Peaks. Property also includes a 672 sq ft remodeled one bed / one bath home for residence, rental, or sales / development office. Connected to City trail system, easy walk / bike to golf course and downtown. Preliminary development plans and surveys available. Buyers are recommended to confirm details of annexation, potential zoning and permitted uses directly with City of Salida.

Last Agent to Sell the Property

Hayden Mellsop

Pinon Real Estate Group LLC Brokerage Email: hmellsop@pinonrealestate.com,719-539-0200 License #100009876 Listed on: 07/16/2024

Co-Listed By

Kym Mellsop

Pinon Real Estate Group LLC Brokerage Email: hmellsop@pinonrealestate.com,719-539-0200 License #40045935

Last Buyer's Agent

Kenny Layton

Pinon Real Estate Group LLC License #100031224

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,772

Lot Details

  • 2.45 Acre Lot
  • Partially Fenced Property
  • Natural State Vegetation
  • Level Lot
  • Grass Covered Lot
  • Development of the land is complete
  • Subdivision Possible
  • Property is zoned Rural

Parking

  • Circular Driveway

Property Views

  • Water
  • Golf Course
  • City
  • Mountain
  • Valley

Utilities

  • 220 Volts
  • 110 Volts
  • Well
  • Septic Tank
  • Phone Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Seller's personal property
  • Property held in a trust
  • Assessor Parcel Number R368131400014

Property Details

Property Type

Land

Est. Annual Taxes

$1,772

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Improved Land
  • Current Use: Office
  • Exclusions: Seller's personal property
  • SubdivisionName: None
  • Co List Office Mls Id: RECR0065
  • Ownership: Corporation/Trust
  • REC_RVSpaces: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.57471
  • Special Features: None

Exterior Features

  • View: City, Golf Course, Mountain(s), Valley, Water
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Circular Driveway
  • Attached Garage: No

Utilities

  • Utilities: Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected
  • Sewer: Septic Tank
  • Water Source: Well
  • Electric: 110V, 220 Volts

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Lot Info

  • Horses: No
  • Parcel Number: R368131400014
  • Lot Size Acres: 2.45
  • Fencing: Partial
  • Possible Use: Multi-Family, Residential
  • Lot Features: Level, Subdividable
  • Lot Size Sq Ft: 106722
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1772

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2024
Closed on
Mar 14, 2025
Sold by
Rgy Interests Llc
Bought by
Block 7 Development Llc
Seller's Agent
Hayden Mellsop
Pinon Real Estate Group LLC
Buyer's Agent
Kenny Layton
Pinon Real Estate Group LLC
List Price
$1,740,000
Sold Price
$1,000,000
Premium/Discount to List
-$740,000
-42.53%
Views
36
Current Estimated Value
$1,066,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,505
Avg. Annual Appreciation
10.94%

Purchase Details

Closed on
Feb 7, 2019
Sold by
Pultz Frederick R and Fullerton Anna M
Bought by
Rgy Interests Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 15, 2014
Sold by
Dieffenbaugh Jeannie Woods
Bought by
Pultz Frederick R and Fullerton Anna M
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Special Warranty Deed $1,000,000 None Listed On Document
Special Warranty Deed $642,500 None Available
Warranty Deed $2,500,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $260,000 Credit Line Revolving
Closed $0 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2025 03/14/25 Sold $1,000,000 -33.1% $1,488 / Sq Ft
10/17/2024 10/17/24 Price Changed $1,495,000 -14.1% $2,225 / Sq Ft
07/16/2024 07/16/24 For Sale $1,740,000 -- $2,589 / Sq Ft
Source: REcolorado®

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 $1,827 $36,850 $21,930 $14,920
2023 $1,772 $36,850 $21,930 $14,920
2022 $2,277 $43,610 $12,930 $30,680
2021 $2,288 $44,860 $13,300 $31,560
2020 $1,302 $24,360 $7,440 $16,920
2019 $1,304 $24,360 $7,440 $16,920
2018 $932 $17,740 $7,670 $10,070
2017 $909 $17,740 $7,670 $10,070
2016 $919 $17,500 $6,070 $11,430
2015 $862 $17,500 $6,070 $11,430
2014 $862 $15,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 5511966

REcolorado®

APN: R368131400014