4535 Co Rd 123, Penrose, CO 81240 Property Records

Fremont County property record for 4535 Co Rd 123, Penrose, CO 81240

Property Summary

Property TypeSingle Family Home
Details3 bd · 1.75 ba · 1,820 sqft · built 1963
Lot Size3.3 acres (143,748 sqft)
Owner2 Individual Names on File
Tax Bill$723 (2025)
Deeds & MortgagesDec 2020 Mortgage
Flood ZoneZone X (minimal risk)
APNR019536

Property Details

APN / Parcel Number

Primary APNR019536
Alternative APN
  • 40002120

Interior

Bedrooms3 Beds
Full Baths1.75 Baths
Half Baths1 Half Bath
Total Rooms6 Rooms
Stories1 Story
Building Area1,820 sqft Living Area
1st Floor Area962 sqft
Basement Area858 sqft
Finished Basement858 sqft
FlooringWood
Interior WallsWallboard/Drywall

Exterior

Year BuiltBuilt 1963
Effective Year BuiltEffective 1965
Architectural StyleRanch
Exterior MaterialWood Shingle
Construction TypeWood
Roof TypeGable/Hip
Roof MaterialComposition Shingle
Lot Area143,748 sqft
Garage Area576 sqft
Parking Spaces2 Parking Spaces

Exterior Amenities

Pool TypeSpa / Hot Tub (No Pool)
PorchEnclosed Porch
Porch Area273 sqft
Deck AreaDeck Area
Patio Area272 sqft
Shed1 Shed
Shed Area144 sqft

Utilities, Heating & Cooling

Cooling SystemEvaporative
Heating SystemHot Water

Location & Zoning

Account NumberR019536
Street Address4535 COUNTY ROAD 123
CityPENROSE
StateCO
Zip81240-9137
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionA TR IN SE4SW4 & SW4SE4 22-18-69 DESC: BEG AT A PT ON THE NLY BOUNDARY OF A PUBLIC ROAD WH THE SE COR OF SEC 22 BEARS S 89DEG 02MIN E 2578.0 FT; TH S 81DEG 17MIN W ALG SD ROAD BOUNDARY 239.8 FT; TH N 12DEG 00MIN E 635 FT; TH S 78DEG 00MIN E 249.3 FT
Legal SubdivisionM & B OR UNKNOWN
Legal Tract1N
JurisdictionFREMONT CO
Township / Civil DivisionPENROSE-PORTLAND
Census Block Group1
Census Block1034
Census Tract978100

Owner

4535 Co Rd 123 is owned and occupied by two individuals.

Source: Fremont County records, as of May 29, 2026

Owner of Record2 Individual Names on File
Mailing Address4535 COUNTY ROAD 123, PENROSE, CO 81240-9137
OccupancyOwner Occupied
Owner TypeIndividual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Record UpdatedSep 20, 2026

December 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionFREMONT CO
Property Address4535 COUNTY ROAD 123, PENROSE, CO 81240-9137
Document Number0000994611
Instrument DateDec 4, 2020
Transaction TypeMortgage
Record UpdatedJan 29, 2021
Title CompanyNOT AVAILABLE

Transferred To (Grantee/Buyer)

NameVerified Name
Address4535 COUNTY ROAD 123 PENROSE CO 812409137, PENROSE, CO 81240-9137

Mortgage

Document Number0000994611
DateDec 21, 2020
Instrument994611
Lender
NameHIGH CNTRY BK
TypeBank
AddressSALIDA, CO 81201
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term360 Months
DueDec 20, 2050

Tax Assessment & Valuation

The 2025 property tax bill for 4535 Co Rd 123 was $723, up 61% from the year before.

Source: Fremont County assessment roll, as of May 27, 2026

Property Jurisdictions

TypeName
StateColorado
CountyFremont County
Unified School DistrictFremont RE-1 (KG - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$723.00 (+61.02%)$16,565 (+1.12%)$265,045
2024$449.00 (+1.35%)$16,382 (+30.6%)
2023$443.00 (-1.12%)$12,544 (+0.71%)$244,506 (+36.44%)
2022$448.00$12,455$179,209

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 4535 Co Rd 123 in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective October 23, 2022 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone A, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 9 (5% premium discount)
Nearby Flood Policies1 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 4535 Co Rd 123 is high, ranking above 78% of the US, with a 0.4% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskHigh
above 78% of the US · above 80% of Colorado
Wildfire Likelihood0.4% annual chance
ExposureIndirect
within ember reach
Adjoins Burnable LandYes

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 7 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
SECOM
Fixed Wireless · Fiber in parts of the area
300 / 50
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20
CenturyLink
DSL
10 / 1

May also be available: AT&T.

Nearby Properties on Co Rd 123

Nearby Streets

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