NOT LISTED FOR SALE

TBD Honey Locust Dr Montrose, CO 81401

Estimated Value: $580,000 - $665,000

0.33 Acre
$1,885,727 Price per Acre
14,375 Sq Ft Lot

Last Sold January 05, 2021

Last sale price $40,000

Est. 1,456% increase in value since last sale

Current estimated payment $3,497/month

About This Lot

As of January 2021

Large corner lot located in the "Forest Park" area of one of Montrose's Premier Communities. Enjoy the many walking paths, open space and park areas and views the subdivision offers. The minimum home size requirement is 2000 square feet. Brown Ranch is a master planned community that prides itself in a place that, "conserves the land rather than consumes." Very beautiful, spacious country living, yet minutes away from The Bridges golf community, Montrose Rec Center, restaurants, entertainment, shopping and schools. For more information about this wonderful community, please visit brownranchmontrose website.

Last Agent to Sell the Property

Candi Amaya

Keller Williams Colorado West Realty Listed on: 07/10/2020

Keller Williams Colorado West Realty

Last Buyer's Agent

Aaron Tobler

RE/MAX Alpine View

RE/MAX Alpine View

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $519

Lot Details

  • 0.33 Acre Lot
  • Corner Lot

HOA Fees

  • $33 Monthly HOA Fees

Schools

  • Cottonwood K-5 Elementary School
  • Columbine 6-8 Middle School
  • Montrose 9-12 High School

Additional Features

  • Property is near a golf course
  • Septic System

Community Details

  • Brown Ranch HOA

Listing and Financial Details

  • Security Deposit $3,000
  • Assessor Parcel Number 399302407007

Property Details

Property Type

Land

Est. Annual Taxes

$519

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Class: Land
  • Em Holder: Colorado Title & Closing
  • Legal Lot Block: LOT A57, BROWN RANCH FILING NO. 52, COUNTY OF MONTROSE, STATE OF COLORADO
  • Lot Dimension: 14966 Sq. Ft
  • Lot Size Acreage: .25-.5 Acres
  • Parcel Id Number: 399302407007
  • Property Description: Corner, Golf Course Near
  • Street Descriptionaccess: County, Paved
  • Street Designation: Drive
  • Tax Account Id: R0021087
  • Zoning: Residential Single Family
  • HOA Fee Frequency: Annually
  • Domestic Sewer: Sewer Tap Available
  • Domestic Water: Public, Tap Available
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 0.33
  • Current Property Use: Residential Single Family
  • Em Deposit: 3000
  • Possible Property Use: Residential Single Family
  • Mineral Rights: Unknown
  • Price per Sq Ft: 3.12
  • Sewerseptic In: Yes
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 121212.12
  • Water Tap Available: Yes
  • Water Tap Installed: Yes
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 518.68
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Utilities

  • Utilities: Electricity Near, Natural Gas Near
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Water Supplier: Tri-County Water Conservancy

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 400
  • Hoa Name: Brown Ranch

Schools

  • High School: Montrose 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2019

MLS Schools

  • Elementary School: Cottonwood K-5
  • Middle School: Columbine 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2021
Sold by
Sandoval Construction Llc
Bought by
Suarez Adela and Rodriguez Angel
Current Estimated Value
$622,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Outstanding Balance
$304,370
Interest Rate
2.7%
Mortgage Type
Construction
Estimated Equity
$317,920

Purchase Details

Closed on
Jul 16, 2021
Sold by
Vilchis Jose L
Bought by
Sandoval Construction Llc

Purchase Details

Listed on
Jul 10, 2020
Closed on
Jan 5, 2021
Sold by
Walters Branden R and Walters Leah E
Bought by
Vilchis Jose L and Vilchis Ana J
Seller's Agent
Candi Amaya
Keller Williams Colorado West Realty
Buyer's Agent
Aaron Tobler
RE/MAX Alpine View
List Price
$53,000
Sold Price
$40,000
Premium/Discount to List
-$13,000
-24.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.72%

Purchase Details

Closed on
Apr 19, 2019
Sold by
Sunshine Of Montrose Inc
Bought by
Valdez Walters Branden R and Valdez Walters Leah E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Suarez Adela $50,000 Land Title Guarantee
Sandoval Construction Llc $40,000 Land Title
Vilchis Jose L $40,000 None Available
Valdez Walters Branden R $39,900 Land Title Guarantee
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suarez Adela $335,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2021 01/05/21 Sold $40,000 -10.9% --
12/18/2020 12/18/20 Pending -- -- --
10/08/2020 10/08/20 Price Changed $44,900 -8.4% --
08/06/2020 08/06/20 Price Changed $49,000 -7.5% --
07/10/2020 07/10/20 For Sale $53,000 -- --
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 $2,274 $31,550 $3,230 $28,320
2023 $2,274 $36,560 $3,750 $32,810
2022 $431 $6,170 $2,780 $3,390
2021 $589 $8,430 $8,430 $0
2020 $515 $7,580 $7,580 $0
2019 $519 $7,580 $7,580 $0
2018 $470 $6,700 $6,700 $0
2017 $440 $6,320 $6,320 $0
2016 $331 $4,830 $4,830 $0
2015 $325 $4,830 $4,830 $0
2014 $310 $4,930 $4,930 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 772035

Colorado Real Estate Network (CREN)

APN: R0021087