NOT LISTED FOR SALE

Estimated Value: $688,000 - $3,098,000

4 Beds
4 Baths
7,594 Sq Ft
$280/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $2,215,000 $292 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $12,295/month

Highlights

  • Guest House
  • Horses Allowed On Property
  • RV Access or Parking
  • Barn
  • In Ground Pool
  • 40 Acre Lot

About This Home

As of August 2021

Rainbow Ranch is an Exceptional 40 acre parcel of fertile land with a classic, ranch style, headquarters home. Located just 10 minutes north of Grand Junction, Colorado and literally just 1500 yards from the trail head to over 7000 acres of BLM land with biking, hiking, horseback trails and recreation under the Bookcliffs. Imagine, spectacular views and the potential to fill just about any dream you can dream. Irrigated farm land, Premium Equestrian and/or cattle facilities with fully equipped 15 stall heated stable with office, restroom and lab, 38x100 unheated barn, full indoor arena and 2 outdoor riding arenas, round pen, 14 fenced paddocks with shelters and water, enclosed equipment/shop and hay building, fenced pastures and a historic 2BR, 1BTH Homestead log cabin and other outbuildings.

Last Agent to Sell the Property

Jay Fellhauer

RE/MAX MOUNTAIN WEST License #ER276521 Listed on: 04/26/2021

RE/MAX MOUNTAIN WEST

Last Buyer's Agent

Patti Poschman

RE/MAX 4000, INC License #FA1316518

RE/MAX 4000, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,583

Year Built

  • Built in 1985

Lot Details

  • 40 Acre Lot
  • Cross Fenced
  • Partially Fenced Property
  • Landscaped
  • Sprinkler System
  • Property is zoned AFT

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • Dry Bar
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Family Room Downstairs
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • RV Access or Parking

Outdoor Features

  • In Ground Pool
  • Covered Deck
  • Covered Patio or Porch
  • Shed
  • Outbuilding

Additional Homes

  • Guest House

Farming

  • Barn
  • 30 Irrigated Acres

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral

Utilities

  • Refrigerated Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 2701-211-00-545

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,583

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Estimated Irrigation Acres: 30
  • Estimated Finished Basement Sq Ft: 3697
  • Estimated Main Sq Ft: 3797
  • Estimated Unfinished Basement Sq Ft: 100
  • Bathroom Level: L-Lower Level, M-Main Level
  • Bedroom 2 Conforming: Yes
  • Bedroom 2 Level: Main
  • Bedroom 2 Size: 15x22
  • Bedroom 3 Conforming: Yes
  • Bedroom 3 Level: Lower
  • Bedroom 3 Size: 18x18
  • Bedroom 4 Conforming: Yes
  • Bedroom 4 Level: Lower
  • Bedroom 4 Size: 15x20
  • Construction: Wood Frame
  • Current Use: Residential
  • Dining Rm Lvl: Main
  • Dining Rm Size: 15x23
  • Dining Rm Type: Formal
  • Elevation: 4730
  • Exterior Features: Barn, Corral/Stable, Guest House, Horses Allowed, Outbuildings, Pool-In Ground, Rv Parking, Shed, Sprinklers
  • Family Room Level: Lower
  • Family Rm Size: 36x48
  • Fronts: E
  • Gas Company: Xcel
  • Heating Type: Baseboard, Hot Water, Natural Gas
  • How Built: Site Built
  • Irrigation Description: 39.4 Class 1 acres*
  • Irrig District: GV Water User Assoc.
  • Irrig Water: Yes
  • Kitchen Lvl: Main
  • Laundry Rm Location: Room
  • Laundry Rm Lvl: Main
  • Laundry Rm Size: 10x18
  • Living Rm Lvl: Main
  • Living Rm Size: 30x30
  • Lot Dimensions: 1320x1320 +/-
  • Lvt Date: 04/26/2021
  • Master Bdrm Conforming: Yes
  • Master Bdrm Lvl: Main
  • Master Bdrm Size: 22x27
  • Bedrooms: 4
  • Other Rm1 Lvl: Main
  • Other Rm1 Name: Office
  • Other Rm1 Size: 14x24
  • Other Rm2 Lvl: Main
  • Other Rm2 Name: Pantry
  • Other Rm2 Size: 7x10
  • Other Rm3 Lvl: Lower
  • Other Rm3 Name: Dry Stor
  • Other Rm3 Size: 20x30
  • Patio Deck: Deck-Covered, Patio-Covered, Patio-Open
  • Property Type: Residential
  • Real Estate Incl: Yes
  • Sewer: Septic
  • Sewer Company: Septic
  • Street Desc Access: County, Paved
  • Style: Ranch W/Basement
  • Taxes: 6583
  • Tax Year: 2020
  • Total Acres: 40
  • Total Apx Sq Ft: 7594
  • Type: Single Family
  • Water: Community System
  • Zoning: AFT
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Kitchen Size: 21x21
  • Bathroom Description: 1, 3/4, 3/4, 3/4
  • Appliances: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Refrigerator, Electric Cook Top
  • Basement Foundation: Completely Finished, Full Basement, Poured Concrete, Walkout
  • Eating Space: Yes
  • Fireplace: Gas Log(s), Living Room
  • Floor: Carpet, Hardwood, Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Dry Bar, Garage Door Opener, Walk-In Closet(s), Window Coverings
  • Bathrooms: 4
  • Price Per Sq Ft: 291.68

Exterior Features

  • Fence: Cross Fence, Partial
  • Landscaping: Landscape All
  • Exterior Siding: Wood, Brick
  • Roof: Asphalt Composition

Garage/Parking

  • Garage Type: Attached Garage
  • Garage Capacity: 2

Utilities

  • Cooling Type: Refrigerated Central Air
  • Electric Company: GVRP
  • Water Company: Ute

Schools

  • Elementary School: Appleton
  • Middle School: Fruita
  • High School: Fruita Monument

Lot Info

  • Lot Description: 150' + Frontage
  • Lot Size: J: 40-99.99
  • Parcel Number: 2701-211-00-545

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2021
Closed on
Aug 2, 2021
Sold by
Reimer Marlo D and Reimer Judith C
Bought by
Mueller David B and Mueller Annie
Seller's Agent
Jay Fellhauer
RE/MAX MOUNTAIN WEST
Buyer's Agent
Patti Poschman
RE/MAX 4000, INC
List Price
$1,999,900
Sold Price
$2,215,000
Premium/Discount to List
$215,100
10.76%
Current Estimated Value
$2,123,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$91,015
Avg. Annual Appreciation
-3.01%
Original Mortgage
$1,250,000
Outstanding Balance
$1,140,750
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$810,498

Purchase Details

Closed on
Dec 15, 2020
Sold by
Reimer Rainbow Ranch Llc
Bought by
Reimer Marlo D and Reimer Judith C

Purchase Details

Closed on
Jan 21, 2000
Sold by
Reimer Rainbow Ranch Ltd Partn Ership
Bought by
The Reimer 1987 Trust

Purchase Details

Closed on
Dec 27, 1995
Sold by
Reimer Marlo D
Bought by
Reimer Rainbow Ranch Llc

Purchase Details

Closed on
Jun 9, 1995
Sold by
Nylund J W
Bought by
Reimer Rainbow Ranch Llc
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
Mueller David B $2,215,000 None Available
Reimer Marlo D -- None Available
The Reimer 1987 Trust -- --
Reimer Steven M -- --
Reimer Kevin L -- --
Ketchem Cheryl D Reimer -- --
Reimer Rainbow Ranch Ltd Liability Co -- --
Reimer Rainbow Ranch Llc -- --
Reimer Rainbow Ranch Llc $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mueller David B $1,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $2,215,000 +10.8% $292 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $1,999,900 -- $263 / Sq Ft
Source: Grand Junction Area REALTOR® Association

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 $12,410 $175,640 $10,600 $165,040
2023 $12,410 $175,640 $10,600 $165,040
2022 $9,618 $133,990 $8,500 $125,490
2021 $6,483 $102,380 $9,330 $93,050
2020 $6,107 $99,060 $7,270 $91,790
2019 $5,555 $99,060 $7,270 $91,790
2018 $7,147 $113,350 $9,100 $104,250
2017 $7,133 $113,350 $9,100 $104,250
2016 $6,652 $119,740 $7,240 $112,500
2015 $6,711 $119,740 $7,240 $112,500
2014 $7,238 $128,580 $5,650 $122,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Grand Junction Area REALTOR® Association

MLS Number: 20211924

Grand Junction Area REALTOR® Association

APN: 2701-211-00-545