NOT LISTED FOR SALE

M50 Road Hotchkiss, CO 81419

Estimated Value: $767,000 - $1,215,000

3 Beds
2 Baths
2,880 Sq Ft
$329/Sq Ft Est. Value

Last Sold June 07, 2016

Last sale price $550,000 $191 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $5,142/month

Highlights

  • Accessory Dwelling Unit (ADU)
  • Horses Allowed On Property
  • Waterfront
  • Barn
  • RV or Boat Parking
  • Mountain View

About This Home

As of June 2016

A "Must See" Craftsman Custom home built with unbelievable attention to detail and taste positioned on the five acre irrigated lot to maximize the West Elk Mountain views throughout the home. From the Korbel roof supports on the exterior to the hand milled alder wood trimmed fireplace in the living room and coffered ceiling of the dining room the quality of the construction is immediately apparent. The open floor plan flows with the well designed kitchen as the heartbeat of the home. The large master suite sits off to itself with a bay window and a his and her walk in closet on either side of the hall as you enter the master bath. Pleated, top down-bottom up shades allow you to adjust the light and view from any room in the house. Upstairs is 600+ square feet of bonus room. The barn is not only a functional part of the property complete with concrete floor and a shop. but the bunk house upstairs is the ultimate in a recreational area. A decorative stamped tin ceiling adds to the old time saloon atmosphere with the center piece a giant bar along with sitting areas for watching the big screen television, a game table, a 3/4 bath and bunk beds for the kids, the hunters, or whoever. Your guests are going to love it and there's not another place like it in the whole area. The irrigated pastures make plenty of hay and it could be a perfect place for horses or livestock and the high priority Sheppard-Wilmott water is not only plentiful, but year round. You'll find the Midway location very convenient being five minutes to either Hotchkiss or Paonia. To see it is to want it!

Last Agent to Sell the Property

Deborah Kimball

Deborah Kimball, Independent Broker Listed on: 09/09/2015

Co-Listed By

Dave Mitchell

WesternColoradoRealty.com

Last Buyer's Agent

Dave Mitchell

WesternColoradoRealty.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,271

Year Built

  • 2008

Lot Details

  • 5 Acre Lot
  • Waterfront
  • Barbed Wire
  • Landscaped
  • Sprinkler System
  • Cleared Lot

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Raised Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 2,880 Sq Ft Home
  • 1.5-Story Property
  • Sound System
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Formal Dining Room
  • Mountain Views
  • Crawl Space
  • Home Security System
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • RV or Boat Parking

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Doors

Farming

  • Barn
  • 5 Irrigated Acres
  • Pasture
  • Cattle
  • Hogs
  • Sheep or Goats

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Geothermal Heating and Cooling
  • Irrigation Water Rights
  • Water Heater
  • Water Purifier
  • Engineered Septic
  • Septic Tank
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Patio
  • Accessory Dwelling Unit (ADU)
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 324316105002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,271

Year Built

2008

Lot Details

0

Listing Details

  • Additional Living Quarters: Yes
  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Disposal, Microwave, Exhaust Fan, Water Purifier
  • Estimated Irrigation Acres: 5
  • Estimated Total Acres: 5
  • Class: RESIDENTIAL
  • Em Deposit: 10,000
  • Em Holder: Heritage Title
  • Exterior Inclusions: Satellite Dish, Landscaping, Irrigation Water, Patio, Lawn Sprinklers
  • Interior Inclusions: Window Coverings, Wired/Cable TV, Ceiling Fan(s), W/D Hookup, Sound System, Skylight(s), Guest Quarters, Security System, Walk In Closet
  • Legal Lot Block: Lot 2, XTW Ranch Minor Subdivision, together with, without warranty, one (1) Sunshine Mesa Domestic Water Company tap and two (2) shares of Shepard-Wilmott Ditch.
  • List Price per Sq Ft: 190.97
  • Livestock Allowed: Cattle, Horses, Poultry, Sheep, Swine
  • Lot Dimension: 5 acres
  • Lot Size Acreage: 5-9.99
  • Parcel Id Number: 324316105002
  • Property Description: Pasture, Cleared, Boundaries Surveyed
  • Real Estate Included: Yes
  • Residence Stories: 1.5 Story
  • Residence Style: Contemporary
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 190.97
  • Street Descriptionaccess: County, Paved, 150'+ Frontage
  • Street Designation: Road
  • Tax Account Id: R02388
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2008

Interior Features

  • Dining Room: Kitchen Bar, Separate Dining
  • Dining Room: Yes
  • Bedrooms: 3
  • Flooring: Hardwood, Tile
  • Estimated Total Sq Ft: 2880
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Fireplace Location Type: Gas Logs, Glass Doors, Living Room
  • Foundation: Stemwall, Crawl Space, Concrete
  • Main Level Sq Ft: 1930
  • Master Bedrm Dimensions: 12-9 x 18-5
  • Master Bedroom Level: Main Level

Exterior Features

  • Fence: Barbed Wire
  • Construction Type: Wood Frame
  • Exterior Structures: Barn, Guest House
  • Roof: Architectural Shingles
  • Views: Mountains
  • Waterfront: Yes

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Electric, Natural Gas
  • Cooling: Geo Thermal, Central A/C
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: SourceGas
  • Heating System: Forced Air
  • Irrigation Water Description Amount: gated pipe
  • Irrigation Water District: Sheppard-Wilmott
  • Sewer Supplier: Septic
  • Water Heater: Electric Water Heater
  • Water Rights Irrigation: Yes
  • Water Supplier: Sunshine Mesa Domestic Water Company

Green Features

  • Green Power: Geothermal
  • Green Efficient: Construction, Insulation, Doors, Appliances, Heating, Cooling

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2015
Closed on
Jun 7, 2016
Sold by
Compton Sharon K
Bought by
Niermann Erich J and Niermann Lisa M
Seller's Agent
Deborah Kimball
Deborah Kimball, Independent Broker
Buyer's Agent
Dave Mitchell
WesternColoradoRealty.com
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$946,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,299
Avg. Annual Appreciation
5.94%
Original Mortgage
$412,500
Outstanding Balance
$329,264
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$617,035

Purchase Details

Closed on
Mar 9, 2009
Sold by
Midway Land & Cattle Co Llc
Bought by
Compton Sharon K
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
Niermann Erich J $550,000 Heritage Title
Compton Sharon K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Niermann Erich J $412,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2016 06/07/16 Sold $550,000 0.0% $191 / Sq Ft
09/09/2015 09/09/15 Pending -- -- --
09/09/2015 09/09/15 For Sale $550,000 -- $191 / 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 $2,271 $34,941 $689 $34,252
2023 $2,271 $34,941 $689 $34,252
2022 $2,121 $33,150 $627 $32,523
2021 $2,131 $34,146 $688 $33,458
2020 $1,721 $27,155 $585 $26,570
2019 $1,694 $27,155 $585 $26,570
2018 $1,484 $22,655 $748 $21,907
2017 $1,315 $22,655 $748 $21,907
2016 $1,469 $26,366 $614 $25,752
2014 -- $19,257 $410 $18,847
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 711218

Colorado Real Estate Network (CREN)

APN: R023088