NOT LISTED FOR SALE

8105 5550 Rd Olathe, CO 81425

Estimated Value: $816,000 - $1,071,919

3 Beds
4 Baths
2,726 Sq Ft
$338/Sq Ft Est. Value

Last Sold January 31, 2019

Last sale price $552,500 $203 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $5,336/month

180 Days on Market

Highlights

  • Horses Allowed On Property
  • Lake View
  • Deck
  • Home fronts a pond
  • 52.08 Acre Lot
  • Contemporary Architecture

About This Home

As of January 2019

Country dream home with fantastic irrigation rights! This Lindal Cedar Home is perched on a knoll that overlooks the irrigated farm ground to the west. Gated and underground pipe with UVWUA shares. Home features vaulted ceilings, three master suites, cherry cabinetry and recessed lighting in kitchen, large island counter with cook top, Fisher & Paykel Oven, Jenn-Aire Dishwasher, built-in microwave, and other stainless built-ins. The first floor features two master suites with french doors to the exterior deck. There is a third bathroom on the first floor and a bonus room with no closet that could be used as an office, storage, or additional bedroom. The loft area features a master suite with bathroom and private balcony. The front entry features a covered wood porch and there are open decks on both the north and south side of the home. This home is energy efficient with geo-thermal heating/cooling and the home has a double-sided gas (propane) fireplace on the first floor for those cold winter nights.

Last Agent to Sell the Property

Ken Greenhill

Greenhill Properties Listed on: 03/22/2018

Last Buyer's Agent

Justin Gleason

Coldwell Banker Distinctive Properties

Coldwell Banker Distinctive Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,238

Year Built

  • Built in 2004

Lot Details

  • 52.08 Acre Lot
  • Home fronts a pond
  • Barbed Wire
  • Lot Has A Rolling Slope
  • May Be Possible The Lot Can Be Split Into 2+ Parcels
  • Property is zoned Agriculture

Property Views

  • Lake
  • Mountain

Home Design

  • Contemporary Architecture
  • Ranch Property
  • Concrete Foundation
  • Tile Roof
  • Cedar Siding

Interior Spaces

  • 2,726 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Den with Fireplace
  • Unfinished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Schools

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

Farming

  • Crops Farm
  • 51 Irrigated Acres
  • Hay
  • Pasture
  • Cattle
  • Livestock

Utilities

  • Forced Air Heating System
  • Geothermal Heating and Cooling
  • Heating System Powered By Owned Propane
  • Irrigation Water Rights
  • Water Heater
  • Septic System
  • Internet Available
  • Phone Available

Additional Features

  • Energy-Efficient HVAC
  • Deck
  • Horses Allowed On Property

Listing and Financial Details

  • Security Deposit $8,000
  • Assessor Parcel Number 372525200011

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,238

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Appliance Inclusions: Range Top, Refrigerator, Washer, Dishwasher, Dryer, Microwave, Range/Oven
  • Class: Farmranch
  • Em Holder: Fidelity National Title
  • Exterior Inclusions: Deck, Storm Windows/Doors
  • Horse Setup: Yes
  • Interior Inclusions: Cathedral Ceiling, Security System, W/D Hookup
  • Legal Lot Block: S: 25 T: 50 R: 11 N 70A N2NW4 25-50-11 LESS 10A DITCH, LESS 7.92A 593-162
  • Lot Size Acreage: 51-100 Acres
  • Parcel Id Number: 372525200011
  • Price Per Sq Ft: 202.68
  • Property Description: Pastures
  • Residence Stories: 1.5 Story
  • Residence Style: Contemporary
  • Siding: Cedar
  • Sold Price Sq Ft: 202.68
  • Street Descriptionaccess: Gravel
  • Street Designation: Road
  • Waterfront Type: Pond
  • Zoning: Agriculture
  • Fireplace Type Location: Living Room, Den/Family Room
  • Domestic Sewer: Septic Installed
  • Domestic Water: Installed Paid
  • Property Type: Agriculture, Residential/Single Family
  • Type: With Residence
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Estimated Irrigation Acres: 50.8
  • Estimated Total Acres: 52.08
  • Estimated Total Sq Ft: 2726
  • Current Property Use: Cattle, Horses, Ag/Livestock, Ag/Row Crops, Hay Production, Pasture, Grazing, Residential Single Family, Irrigated Farmland
  • Em Deposit: 8,000
  • Possible Property Use: Ag/Livestock, Ag/Row Crops, Cattle, Grazing, Hay Production, Horses, Irrigated Farmland, Pasture, Residential Single Family
  • Water Rights Irrigation: Yes
  • Adjudicated Yn: Yes
  • Annual Irrigation Cost: 2148.84
  • Can Be Subdivided: Yes
  • Irrigation Systemrights: Gated Pipe
  • Irr Water Descamnt: 50.8 share
  • Mineral Rights: Unknown
  • Pasture: Yes
  • Press System Yn: Unknown
  • Price Acre: 11136.71
  • Topography: Rolling
  • Total Officedens: 0
  • Views Type: Lake/Pond/Reservoir, Mountains
  • Internet Service: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 3,237.64
  • Year Built: 2004
  • Prop Description Remarks: Country dream home with fantastic irrigation rights! This Lindal Cedar Home is perched on a knoll that overlooks the irrigated farm ground to the west. Gated and underground pipe with UVWUA shares. Home features vaulted ceilings, three master suites, cherry cabinetry and recessed lighting in kitchen, large island counter with cook top, Fisher & Paykel Oven, Jenn-Aire Dishwasher, built-in microwave, and other stainless built-ins. The first floor features two master suites with french doors to the exterior deck. There is a third bathroom on the first floor and a bonus room with no closet that could be used as an office, storage, or additional bedroom. The loft area features a master suite with bathroom and private balcony. The front entry features a covered wood porch and there are open decks on both the north and south side of the home. This home is energy efficient with geo-thermal heating/cooling and the home has a double-sided gas (propane) fireplace on the first floor for those cold winter nights.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1178

Interior Features

  • Dining Room: Eat-In Kitchen, Island, Kitchen/Dining
  • Bedrooms: 3
  • Flooring: Wood, Carpet, Tile
  • Foundation: Concrete
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Basement: Unfinished, Walk Out

Exterior Features

  • Fence: Barbed Wire
  • Roof: Tile
  • Views: Mountain

Utilities

  • Utilities: Propane-Tank Owned, Electricity, Phone
  • Cooling: Geo Thermal
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Propane
  • Heating System: Forced Air
  • Irrigation Water District: UVWUA
  • Water Heater: Electric Water Heater
  • Water Supplier: Tri-County Water Conservancy

Schools

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

Green Features

  • Green Efficient: Cooling, Heating

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2018
Closed on
Jan 31, 2019
Sold by
Archuletta Joseph and Archuletta Esther
Bought by
Frigetto Derek A and Frigetto Jessica Ann
Seller's Agent
Ken Greenhill
Greenhill Properties
Buyer's Agent
Justin Gleason
Coldwell Banker Distinctive Properties
List Price
$580,000
Sold Price
$552,500
Premium/Discount to List
-$27,500
-4.74%
Current Estimated Value
$920,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,480
Avg. Annual Appreciation
8.22%
Original Mortgage
$442,000
Interest Rate
4.6%

Purchase Details

Closed on
Aug 26, 2003
Sold by
Archuletta Joseph J and Archuletta Esther
Bought by
Archuletta Joseph & Esther Trust The

Purchase Details

Closed on
Jan 7, 1972
Bought by
Archuleta Joseph J and Archuleta Esther
Source: Public Records

Range of Values:

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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
Frigetto Derek A $552,500 Fidelity National Title
Archuletta Joseph & Esther Trust The -- --
Archuleta Joseph J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Frigetto Derek A $200,000
Open Frigetto Jessica Ann $456,300
Closed Frigetto Derek A $442,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2019 01/31/19 Sold $552,500 -4.7% $203 / Sq Ft
12/15/2018 12/15/18 For Sale $580,000 0.0% $213 / Sq Ft
09/18/2018 09/18/18 Pending -- -- --
09/16/2018 09/16/18 Pending -- -- --
08/31/2018 08/31/18 Price Changed $580,000 -0.4% $213 / Sq Ft
06/30/2018 06/30/18 Price Changed $582,500 -10.4% $214 / Sq Ft
03/22/2018 03/22/18 For Sale $650,000 -- $238 / 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 $3,819 $54,500 $13,290 $41,210
2023 $3,819 $59,840 $13,290 $46,550
2022 $2,841 $45,140 $12,510 $32,630
2021 $2,993 $47,330 $13,740 $33,590
2020 $2,922 $47,160 $13,630 $33,530
2019 $2,942 $47,160 $13,630 $33,530
2018 $3,244 $50,600 $16,650 $33,950
2017 $3,238 $50,600 $16,650 $33,950
2016 $2,899 $46,130 $15,450 $30,680
2015 $2,675 $46,130 $15,450 $30,680
2014 $2,231 $41,190 $12,990 $28,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 742973

Colorado Real Estate Network (CREN)

APN: R0008879