NOT LISTED FOR SALE

755 Spring Creek Rd Montrose, CO 81403

Estimated Value: $426,000 - $3,348,000

72.03 Acres
$17,806 Price per Acre
3,137,627 Sq Ft Lot

Last Sold March 13, 2024

Last sale price $1,900,000

Est. 32% decrease in value since last sale

Current estimated payment $6,974/month

2,868 Days on Market

Highlights

  • Stables
  • River Front
  • 72.03 Acre Lot
  • Home fronts a creek
  • Lake View
  • Pasture

About This Lot

As of March 2024

72+ ACRES OF DEVELOPMENT LAND WITH INCREDIBLE POTENTIAL Excellent Investment Property 72.03 acres (MOL) (2 separate parcels) investment property. 755 Spring Creek has 55.22 acres (MOL) zoned B2, R3, R4 and MHR within the City of Montrose. Also boasts a 2,112 sq.ft. 3bd/2.5ba home with a horse barn that is currently leased. The Uncompahgre River runs approximately .35 miles along the property. 14750 Marine Rd has 16.81 acres (MOL) zoned B-4 and R-3 within the City of Montrose. Property has 696 sq.ft. 1bd/1ba home, pasture, ponds and horse stalls that are currently leased. Properties are in a prime location next to the new Colorado Outdoors, a 164-acre multi-use river development. The possibilities are endless with this land!

Last Agent to Sell the Property

John Renfrow

Renfrow Realty Listed on: 02/25/2016

Last Buyer's Agent

John Renfrow

Renfrow Realty Listed on: 02/25/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,129

Lot Details

  • 72.03 Acre Lot
  • Home fronts a creek
  • Home fronts a pond
  • River Front
  • Barbed Wire
  • Pipe Fencing
  • Level Lot
  • Property is zoned Business, Commercial, Residential Multi Family

Property Views

  • Lake
  • Creek or Stream
  • Mountain
  • Valley

Schools

  • Northside K-5 Elementary School
  • Centennial 6-8 Middle School
  • Montrose 9-12 High School

Farming

  • 65 Irrigated Acres
  • Pasture
  • Cattle
  • Hogs
  • Livestock
  • Sheep or Goats

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral
  • Stables

Utilities

  • Irrigation Water Rights
  • Well
  • Septic System
  • Sewer Tap Fee
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 376728310002
  • Special Tax Authority

Community Details

Overview

  • Property is near a preserve or public land

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$3,129

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Alpine Title
  • Legal Lot Block: See Associated Docs
  • Livestock Allowed: Cattle, Horses, Poultry, Sheep, Swine
  • Lot Dimension: 72.03 Acres
  • Lot Size Acreage: 51-99 Acres
  • Parcel Id Number: 376728310002
  • Property Description: Borders Public Land
  • Street Descriptionaccess: City/Town, Paved, 150'+ Frontage, Public
  • Waterfront Type: Creek, Pond, River/Stream
  • Zoning: Business, Commercial, Residential Multi Family, Residential Single Family
  • Domestic Sewer: Septic, Sewer Tap Available, Sewer Tap Paid, Sewer Tap Installed
  • Domestic Water: Tap Available, Tap Installed, Tap Paid, Domestic Installed/Paid, Domestic Well, Public
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Irrigation Acres: 65
  • Estimated Total Acres: 72.03
  • Current Property Use: Cattle, Horses, Hogs, Poultry, Recreation, Residential Single Family, Grazing(no Irrig.), Ag/Livestock, Irrigated Farmland, Pasture(irrigated)
  • Em Deposit: 2.0% of Purchase price
  • Possible Property Use: Commercial, Residential Single Family, Aglivestock, Cattle, Horses, Irrigated Farmland, Pasture (irrigated)
  • Special Assemnt Yn: Yes
  • Water Rights Irrigation: Yes
  • Irrigation Systemrights: Waste Water, Well, Open Ditch
  • Irr Water Descamnt: Call LO
  • Mineral Rights: Unknown
  • Price Acre: 33944.19
  • Topography: Level
  • Modularmobile Allow: Both
  • Outbuildngsstructures: Misc Sheds, Corral, Stables
  • Price per Sq Ft: 0.78
  • Sewer Paid: Yes
  • Sewerseptic In: Yes
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 26377.9
  • Water Tap Available: Yes
  • Water Tap Installed: Yes
  • Total Taxes Dollar: 3128.80
  • Prop Description Remarks: 72+ ACRES OF DEVELOPMENT LAND WITH INCREDIBLE POTENTIAL Excellent Investment Property 72.03 acres (MOL) (2 separate parcels) investment property. 755 Spring Creek has 55.22 acres (MOL) zoned B2, R3, R4 and MHR within the City of Montrose. Also boasts a 2,112 sq.ft. 3bd/2.5ba home with a horse barn that is currently leased. The Uncompahgre River runs approximately .35 miles along the property. 14750 Marine Rd has 16.81 acres (MOL) zoned B-4 and R-3 within the City of Montrose. Property has 696 sq.ft. 1bd/1ba home, pasture, ponds and horse stalls that are currently leased. Properties are in a prime location next to the new Colorado Outdoors, a 164-acre multi-use river development. The possibilities are endless with this land!
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Fence: Barbed Wire, Pipe
  • Views: Lake/Pond/Reservoir, Mountains, Stream/River, Valley
  • Waterfront: Yes

Utilities

  • Utilities: Cable Tv, Electricity, Natural Gas, Phone
  • Water Tap Paid: Yes
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Irrigation Water District: Rice Ditch
  • Water Well: Yes
  • Well Permit Number: 249066

Schools

  • Elementary School: Northside K-5
  • Middle School: Centennial 6-8
  • High School: Montrose 9-12
  • High School: Montrose 9-12

Tax Info

  • Tax Year: 2020

MLS Schools

  • Elementary School: Northside K-5
  • Middle School: Centennial 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2021
Sold by
Montrose Valley Development Llc
Bought by
Young Jerrod
Current Estimated Value
$1,282,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Outstanding Balance
$301,333
Interest Rate
2.6%
Mortgage Type
Commercial
Estimated Equity
$981,266
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
Young Jerrod -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Jerrod $337,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2024 03/13/24 Sold $1,900,000 -22.3% --
01/02/2024 01/02/24 Pending -- -- --
01/09/2023 01/09/23 Price Changed $2,445,000 -2.0% --
05/02/2022 05/02/22 For Sale $2,495,000 0.0% --
05/02/2022 05/02/22 Price Changed $2,495,000 +31.3% --
01/21/2022 01/21/22 Off Market $1,900,000 -- --
01/21/2022 01/21/22 Pending -- -- --
10/10/2020 10/10/20 For Sale $2,199,888 0.0% --
08/14/2020 08/14/20 Pending -- -- --
03/18/2020 03/18/20 For Sale $2,199,888 0.0% --
03/05/2020 03/05/20 Pending -- -- --
06/28/2018 06/28/18 Price Changed $2,199,888 +15.8% --
10/26/2017 10/26/17 For Sale $1,899,888 0.0% --
10/26/2017 10/26/17 Price Changed $1,899,888 0.0% --
08/28/2017 08/28/17 Off Market $1,900,000 -- --
02/25/2016 02/25/16 For Sale $1,395,000 -- --
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 $2,325 $33,810 $4,740 $29,070
2023 $2,325 $38,460 $5,480 $32,980
2022 $1,830 $27,430 $3,870 $23,560
2021 $1,925 $28,860 $4,050 $24,810
2020 $1,662 $25,260 $3,600 $21,660
2019 $1,673 $25,260 $3,600 $21,660
2018 $1,593 $23,330 $3,190 $20,140
2017 $1,625 $23,330 $3,190 $20,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 715191

Colorado Real Estate Network (CREN)

APN: R0023634