NOT LISTED FOR SALE

7490 6025 Rd Olathe, CO 81425

Estimated Value: $326,000 - $435,000

3 Beds
1 Bath
1,481 Sq Ft
$264/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $285,000 $192 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,149/month

18 Days on Market

Highlights

  • Horses Allowed On Property
  • Mountain View
  • Farmhouse Style Home
  • RV or Boat Parking
  • Wood Burning Stove
  • Formal Dining Room

About This Home

As of December 2021

Views, Views and Views! Older farm house with numerous outbuildings. Home needs work! Live in it while you build your dream home on this gorgeous location! Built in 1951, this 3 bedroom, 1 bath home sits on 9+ acres of irrigated pasture. There is an attached 1 car garage, and enclosed porch. The outbuildings provide storage and shelter for your pets and all of your toys. One 6.7 acre pasture sits alongside the home, and another 2.1 acre pasture is on other side of the canal.

Last Agent to Sell the Property

Kelly Landen

Norris-Phillips Real Estate, LLC Listed on: 10/19/2021

Last Buyer's Agent

Justin Covington

RE/MAX Alpine View

RE/MAX Alpine View

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $859

Year Built

  • Built in 1951

Lot Details

  • 9.42 Acre Lot
  • Property is Fully Fenced
  • Irrigation

Home Design

  • Farmhouse Style Home
  • Slab Foundation
  • Metal Roof
  • Siding
  • Stick Built Home

Interior Spaces

  • 1,481 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Window Treatments
  • Wood Frame Window
  • Living Room with Fireplace
  • Formal Dining Room
  • Den with Fireplace
  • Mountain Views
  • Crawl Space
  • Storm Windows

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • RV or Boat Parking

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Schools

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

Farming

  • 8 Irrigated Acres
  • Pasture
  • Cattle
  • Hogs
  • Sheep or Goats

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 372323301005

Home Details

Home Type

Single Family

Est. Annual Taxes

$859

Year Built

Built in 1951

Lot Details

9.42 Acres

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Microwave
  • Estimated Irrigation Acres: 8
  • Estimated Total Acres: 9.42
  • Class: RESIDENTIAL
  • Em Deposit: 5000.00
  • Em Holder: Title Company
  • Exterior Inclusions: Shed/Storage, Irrigation Water, Irrigation Pump
  • Horse Setup: Yes
  • Interior Inclusions: Wood Stove, Window Coverings, Ceiling Fan(s)
  • Legal Lot Block: LOT 49, ORCHARD HOME SUBDIVISION, COUNTY OF MONTROSE, STATE OF COLORADO. **PLEASE SEE DEED FOR COMPLETE LEGAL DESCRIPTION**
  • List Price per Sq Ft: 201.89
  • Livestock Allowed: Cattle, Horses, Poultry, Sheep, Swine
  • Lot Size Acreage: 5-9.99
  • Parcel Id Number: 372323301005
  • Price Per Sq Ft: 192.44
  • Property Description: Pasture
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Residence Style: Farm House
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Masonite
  • Sold Price Sq Ft: 192.44
  • Street Descriptionaccess: County, Dirt
  • Street Designation: Road
  • Type: Stick Built
  • Internet Service: Yes
  • Total Taxes Dollar: 858.84
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Dining Room: Kitchen Bar, Separate Dining
  • Bedrooms: 3
  • Flooring: Carpet-Partial, Linoleum
  • Estimated Total Sq Ft: 1481
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Fireplace Location Type: Living Room, Den/Family Room, Woodstove
  • Foundation: Slab, Crawl Space
  • Main Level Sq Ft: 1481
  • Total Office Den: 0

Exterior Features

  • Fence: Full Property
  • Windows: Metal, Storm Windows, Wood
  • Construction Type: Wood
  • Exterior Structures: Corral, Garage, Shed, Woodshed, Workshop
  • Roof: Metal
  • Views: Mountains

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 1

Utilities

  • Cooling: Evaporative Cooler
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Propane
  • Heating System: Electric Baseboard, Fireplace, Wood Stove
  • Irrigation Water Description Amount: 203.04
  • Irrigation Water District: UVWUA
  • Sewer Supplier: Septic
  • Water Heater: Electric Water Heater
  • Water Rights Irrigation: Yes
  • Water Supplier: Menoken Water Company

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
Oct 19, 2021
Closed on
Dec 17, 2021
Sold by
Albert P & Virginia M Martinez Liv Tr
Bought by
Mcmillan Joshua and Mcmillan Dea Lynn
Seller's Agent
Kelly Landen
Norris-Phillips Real Estate, LLC
Buyer's Agent
Justin Covington
RE/MAX Alpine View
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%
Current Estimated Value
$391,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,410
Avg. Annual Appreciation
7.91%
Original Mortgage
$267,000
Outstanding Balance
$245,504
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$145,906

Purchase Details

Closed on
Jul 28, 2021
Sold by
Fister Rocky Samuel
Bought by
Ray Amy

Purchase Details

Closed on
Apr 22, 2011
Sold by
Marrion Oruilla S
Bought by
Marting Arburt P and Marting Virgina M

Purchase Details

Closed on
May 2, 2005
Sold by
Martinez Albert P and Martinez Virginia M
Bought by
Albert P & Virginia M Martinez Living Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mcmillan Joshua $285,000 Land Title Guarantee Co
Ray Amy $500 None Listed On Document
Marting Arburt P -- None Available
Albert P & Virginia M Martinez Living Tr -- None Available
Albert P & Virginia M Martinez Living Tr -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmillan Joshua $267,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2021 12/17/21 Sold $285,000 -4.7% $192 / Sq Ft
11/06/2021 11/06/21 Pending -- -- --
11/05/2021 11/05/21 Price Changed $299,000 0.0% $202 / Sq Ft
11/05/2021 11/05/21 For Sale $299,000 -14.6% $202 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $350,000 -- $236 / 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 $1,598 $20,070 $9,170 $10,900
2023 $1,406 $24,640 $11,260 $13,380
2022 $997 $15,840 $5,840 $10,000
2021 $579 $16,300 $6,010 $10,290
2020 $429 $13,860 $5,010 $8,850
2019 $432 $13,860 $5,010 $8,850
2018 $389 $12,130 $4,200 $7,930
2017 $776 $12,130 $4,200 $7,930
2016 $377 $12,010 $3,880 $8,130
2015 $646 $11,160 $3,880 $7,280
2014 $519 $9,600 $3,500 $6,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 787932

Colorado Real Estate Network (CREN)

APN: R0022830

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