
Seller's Agent in 2021
Brooke Snyder
Real Colorado Properties
(970) 379-5433
31 Total Sales
Estimated Value: $433,000 - $572,114
South River Equestrian is located just south of the quaint and nationally known western Colorado town of Olathe. The agricultural heritage in this lush valley runs deep, along with the true rural western lifestyle. This ranch encompasses all that makes this area great! Twenty-two and a half total acres - with fourteen irrigated from some of the best water in the area. A private ditch provides a half-acre foot per share, giving those 14 acres around 500 small bales per cutting, weighing in at 60 pounds each! Set up to accommodate all your equestrian needs, with a large 9-stall barn with a washroom, foaling stall, downstairs bathroom, and upstairs living quarters. This property was once a place that hosted large equine events, riding training, and boarding with its 200×300ft arena, 50' round pen, and indoor/outdoor stalls. This is the perfect income-producing property, with great horse facilities waiting for you! With the charming 1,044 sqft, 2 bed, 1 bathroom living space above the barn, the possibilities are endless. Live onsite while building your dream home with utilities already nearby. When finished you are left with guest facilities where mountain views above your grazing horses can be enjoyed from both decks. Rent it out for additional income as a VRBO with a rare opportunity for travelers with horses and trailers to stay. Upon a tour of the ranch one can see its vast potential ready to be tapped into! Call to set up a tour today before it’s too late! Olathe is just north of Montrose, Colorado by 15 minutes and only one hour to the much larger city of Grand Junction. Located nearby are regional airports, dining, shopping and more. All the amenities needed, and more, are within a short drive. Olathe is known best for its sweet corn, and come August, they celebrate the harvest each Saturday at a town festival. This agricultural community is big into its farm-to-table living. Plus, then a 10min drive form the property is the new Indoor Arena at the Montrose County Event Center with a little over 63,000 square feet of free span building space. 4-H events, JR Livestock Auctions, Rodeos, and the County Fair is hosted right here at the Montrose County Event Center. If you like to hit the trail, there are miles of trails within a short distance on thousands of acres of BLM land - expanding all the way to the Uncompahgre National Forest (955,229 acres). One hidden little gym just to the north is the Dominguez-Escalante canyon. Ride down along the famous Gunnison River and up Escalante creek to some historical landmarks. A true gem of Western Colorado, with endless recreation in every direction. Plant yourself right in the middle of it all in this federal agricultural community at South River Equestrian. Mountain views, horse facilities, water rights, lush green irrigated pastures, rural living with all life’s amenities just down the road.
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Martinez Dereka I | $470,000 | Fidelity National Title | |
Martinez Dereka L | -- | Fidelity National Title | |
Foster Jeanine | -- | None Available | |
Wallace Jeanine F | $145,000 | -- | |
Leclair Co Llc | -- | -- |
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Martinez Dereka L | $439,000 | |
Closed | Martinez Dereka I | $439,000 |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
12/20/2021 12/20/21 | Sold | $470,000 | -13.8% | $450 / Sq Ft |
11/11/2021 11/11/21 | Pending | -- | -- | -- |
08/17/2021 08/17/21 | Price Changed | $545,000 | -7.6% | $522 / Sq Ft |
07/22/2021 07/22/21 | Price Changed | $590,000 | -9.2% | $565 / Sq Ft |
06/30/2021 06/30/21 | For Sale | $650,000 | -- | $623 / Sq Ft |
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 | $1,783 | $25,450 | $11,760 | $13,690 |
2023 | $1,783 | $30,230 | $13,970 | $16,260 |
2022 | $1,195 | $18,980 | $7,310 | $11,670 |
2021 | $1,235 | $19,530 | $7,520 | $12,010 |
2020 | $1,147 | $18,510 | $7,300 | $11,210 |
2019 | $1,155 | $18,510 | $7,300 | $11,210 |
2018 | $1,046 | $16,320 | $6,130 | $10,190 |
2017 | $1,044 | $16,320 | $6,130 | $10,190 |
2016 | $1,039 | $16,540 | $5,890 | $10,650 |
2015 | $958 | $16,540 | $5,890 | $10,650 |
2014 | $678 | $12,530 | $5,890 | $6,640 |
Seller's Agent in 2021
Brooke Snyder
Real Colorado Properties
(970) 379-5433
31 Total Sales
Buyer's Agent in 2021
Gary Cooper
RE/MAX
(970) 209-7710
101 Total Sales
Source: Colorado Real Estate Network (CREN)
MLS Number: 783945
APN: R0017350