Seller's Agent in 2020
Eric Saunders
Telluride Properties
(970) 708-2447
114 Total Sales
990 Thunder Rd Norwood, CO 81423
Estimated Value: $272,078 - $466,000
3
Beds
2
Baths
1,653
Sq Ft
$222/Sq Ft
Est. Value
Highlights
- Ranch Style House
- Forced Air Heating System
- Wood Siding
- Fire Pit
- Green Energy Fireplace or Wood Stove
About This Home
As of November 2020The Fortunate Ranch is one of the best values in the entire region. At $249,000 and located on 5 acres there is nothing else in the market with this much land below $300,000. Set high on a hillside with sweeping views of Wrights Mesa and comprised of an updated 3bed/2 bath home . A paved road leads you from downtown Norwood, which is less than 2.5 miles directly to the property allowing for easy year-round access. The Fortunate Ranch is also located on the OHV route and 1.7 miles from the Thunder Canyon Trail system and 19 miles of trails and less than 1/2 mile to millions of acres of BLM and USFS. Ride/walk from your home and get to downtown Norwood or access the limitless possibilities that this property offers. Great cash flow investment or personal residence. Motivated Seller.
Last Agent to Sell the Property
Telluride Properties License #FA40015810 Listed on: 08/15/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $661
Year Built
- Built in 2003
Lot Details
- 5
Parking
- 3 Open Parking Spaces
Home Design
- Ranch Style House
- Poured Concrete
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- 1,653 Sq Ft Home
- Wood Burning Fireplace
- Crawl Space
- Gas Oven or Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating System
- Propane
- Well
Additional Features
- Green Energy Fireplace or Wood Stove
- Fire Pit
- 5 Acre Lot
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 15, 2020
Closed on
Nov 30, 2020
Sold by
Fortune Matthew J
Bought by
Scanlon Sean and Tucker Whitney
Seller's Agent
Eric Saunders
Telluride Properties
Buyer's Agent
Denise Scanlon
Telluride Properties
Sold Price
$188,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,270
Avg. Annual Appreciation
13.82%
Original Mortgage
$178,600
Outstanding Balance
$159,652
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$187,546
Purchase Details
Closed on
Oct 18, 2019
Sold by
Evans Lynzi C
Bought by
Fortune Matthew J
Purchase Details
Closed on
Jul 14, 2006
Sold by
Bennett Kimberly D
Bought by
Evans Lynzi C and Fortune Matthew J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
6.67%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Scanlon Sean | $188,000 | Land Title Guarantee | |
| Fortune Matthew J | -- | None Available | |
| Evans Lynzi C | $187,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Scanlon Sean | $178,600 | |
| Closed | Tuclr Whitney | $7,144 | |
| Previous Owner | Evans Lynzi C | $178,200 | |
| Previous Owner | Evans Lynzi C | $187,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/30/2020 11/30/20 | Sold | $188,000 | 0.0% | $114 / Sq Ft |
| 11/30/2020 11/30/20 | Sold | $188,000 | -21.3% | $114 / Sq Ft |
| 08/27/2020 08/27/20 | Pending | -- | -- | -- |
| 08/15/2020 08/15/20 | Pending | -- | -- | -- |
| 08/04/2020 08/04/20 | Price Changed | $239,000 | +13.8% | $145 / Sq Ft |
| 08/04/2020 08/04/20 | Price Changed | $210,000 | -15.7% | $127 / Sq Ft |
| 06/11/2020 06/11/20 | For Sale | $249,000 | -- | $151 / Sq Ft |
Source: Telluride Association of REALTORS®
Tax History Compared to Growth
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 | $827 | $16,560 | $3,820 | $12,740 |
| 2023 | $625 | $16,720 | $3,860 | $12,860 |
| 2022 | $798 | $16,580 | $3,720 | $12,860 |
| 2021 | $826 | $16,930 | $3,930 | $13,000 |
| 2020 | $654 | $12,200 | $3,930 | $8,270 |
| 2019 | $661 | $12,200 | $3,930 | $8,270 |
| 2018 | $545 | $9,550 | $0 | $0 |
| 2017 | $517 | $9,550 | $3,600 | $5,950 |
| 2016 | $509 | $9,780 | $5,170 | $4,610 |
| 2015 | $411 | $9,780 | $5,170 | $4,610 |
| 2014 | $424 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Saunders
-
Denise Scanlon
Buyer's Agent in 2020
Denise Scanlon
Telluride Properties
(970) 708-2220
57 Total Sales
Map
Source: Telluride Association of REALTORS®
MLS Number: 38232
APN: 203-0070002
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The data relating to real estate on this web site comes from REALTORS who submit listing information to the Internet Data Exchange (IDX) Program of the Telluride Association of REALTORS, Inc. The inclusion of IDX Program data on this web site does not constitute an endorsement, acceptance, or approval by the Telluride Association of REALTORS of this web site, or the content of this web site. The data on this web site may not be reliable or accurate and is not guaranteed by the Telluride Association of REALTORS, Inc. The IDX data on this web site is provided exclusively for the web site user’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the user may be interested in purchasing. ©Copyright 2025 by Telluride Association of REALTORS, Inc. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Telluride Association of REALTORS, Inc.
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