Charming home on a generous irrigated lot surrounded by mature trees and expansive yard space. Located in picturesque western Olathe, adjacent to scenic farmland for a tranquil, country-like setting. This delightful 2-bedroom, 2-bathroom home features a 3-car garage, with one bay currently set up as a workshop complete with a wood stove. Inside the home, you’ll find two inviting living rooms and a beautifully remodeled main bathroom with a walk-in shower. Upstairs includes a versatile bedroom or den with its own half bath. Includes irrigation water for easy and low cost lawn and garden care.
Sold non member
$340,000
5385 Highway 348, Olathe, CO 81425
2beds
1,584sqft
Stick Built
Built in 1915
0.65 Acres Lot
$350,800 Zestimate®
$215/sqft
$1,818 Estimated rent
Home value
$350,800
$326,000 - $375,000
$1,818/mo
Zestimate® history
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$1,920/mo
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List your homeWhat's special
Mature treesScenic farmlandGenerous irrigated lotExpansive yard spaceVersatile bedroom or den
Zillow last checked:
Listing updated:
Listed by:
Doug Phillips C:970-209-0135,
Norris-Phillips Real Estate, LLC,
Mandy Powell 970-209-6326,
Norris-Phillips Real Estate, LLC
Bought with:
Montrose NON MEMBER
NON-MEMBER/FSBO Montrose
Source: CREN,MLS#: 823507
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Level: Main
Dining room
- Features: Living Room Dining
Appliances
- Included: Range, Refrigerator
- Laundry: W/D Hookup
Features
- Pantry
- Flooring: Carpet-Partial, Laminate
- Has fireplace: Yes
- Fireplace features: Living Room, Pellet Stove
Interior area
- Total structure area: 1,584
- Total interior livable area: 1,584 sqft
- Finished area above ground: 1,584
Property
Parking
- Total spaces: 3
- Parking features: Detached Garage
- Garage spaces: 3
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Covered Porch
Lot
- Size: 0.65 Acres
Details
- Additional structures: Garage(s), Workshop
- Parcel number: 372513100003
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Farm House
- Property subtype: Stick Built
Materials
- Wood Frame
- Roof: Metal
Condition
- New construction: No
- Year built: 1915
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: Other
HOA
- Has HOA: No
Location
- Region: Olathe
Financial & listing details
- Price per square foot: $215/sqft
- Tax assessed value: $283,560
- Annual tax amount: $1,073
- Date on market: 5/1/2025
- Has irrigation water rights: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2025 | Sold | $340,000-6.8%$215/sqft |
Source:  CREN #823507 Report a problem | ||
| 6/9/2025 | Contingent | $364,900$230/sqft |
Source: CREN #823507 Report a problem | ||
| 5/1/2025 | Listed for sale | $364,900+73.3%$230/sqft |
Source: CREN #823507 Report a problem | ||
| 10/3/2008 | Sold | $210,500+28.4%$133/sqft |
Source: Public Record Report a problem | ||
| 11/9/2005 | Sold | $164,000$104/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,074 -13.5% | $19,000 -3.6% |
| 2023 | $1,241 +42.2% | $19,710 +47.1% |
| 2022 | $872 +12.9% | $13,400 -2.8% |
| 2021 | $773 -0.7% | $13,790 +10.6% |
| 2020 | $778 | $12,470 |
| 2019 | $778 +10.8% | $12,470 +13.9% |
| 2018 | $702 +0.2% | $10,950 |
| 2017 | $701 | $10,950 +2.8% |
| 2016 | $701 +13.5% | $10,650 |
| 2015 | $618 +12.3% | $10,650 +4.9% |
| 2014 | $550 -0.2% | $10,150 |
| 2013 | $551 -16.5% | $10,150 -21.9% |
| 2012 | $660 | $13,000 |
| 2011 | -- | $13,000 |
| 2010 | -- | -- |
Find assessor info on the county website
Neighborhood: 81425
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Nearby schools
GreatSchools rating
- 4/10Olathe Elementary SchoolGrades: PK-5Distance: 3.4 mi
- NAOlathe Middle SchoolGrades: 6-8Distance: 3.4 mi
- 5/10Olathe High SchoolGrades: 6-12Distance: 3.7 mi
Schools provided by the listing agent
- Elementary: Olathe K-5
- Middle: Olathe 6-8
- High: Olathe 9-12
Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Colorado
- Montrose County
- Olathe
- 81425
- 5385 Highway 348
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