503 S 3rd St, Olathe, CO 81425 Property Records

Montrose County property record for 503 S 3rd St, Olathe, CO 81425

Property Summary

Property TypeSingle Family Home
Details1 ba · 504 sqft · built 1982
Lot Size0.287 acres (12,500 sqft)
OwnerIndividual Name on File
Last Sale$42,000 (Nov 2002)
Tax Bill$589 (2025)
Flood ZoneZone X (minimal risk)
APN3723-103-29-005

Property Details

APN / Parcel Number

Primary APN3723-103-29-005
Alternative APN
  • R0007374

Interior

Full Baths1 Bath
Stories1 Story
Building Area504 sqft Heated Area

Exterior

Year BuiltBuilt 1982
Effective Year BuiltEffective 1982
Architectural StyleMobile Home
Exterior MaterialOther
Construction TypeWood
Roof TypeGable/Hip
Roof MaterialComposition Shingle
Lot Area12,500 sqft (0.287 acres)
Lot Dimensions125 ft deep x 200 ft wide
Utility Building240 sqft
Total Buildings2 Buildings

Utilities, Heating & Cooling

Cooling SystemNone
Heating SystemWood Furnace
Heating FuelGas

Location & Zoning

Account NumberR0007374
Street Address503 S 3RD ST
CityOLATHE
StateCO
Zip81425
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionSUBD: ALAMO HEIGHTS SUBD OF THE TOWN OF OLATHE BLOCK: 207 LOT: 13 THRU:- LOT: 16 S: 10 T: 50 R: 10
Legal Range10
Legal Township50
Legal Section10
Legal SubdivisionALAMO HEIGHTS SUBD
Legal Block207
JurisdictionMONTROSE CO
Township / Civil DivisionOLATHE
Census Block Group2
Census Block2040
Census Tract966202

Owner

503 S 3rd St is owned by an individual who bought it in November 2002.

Source: Montrose County records, as of October 9, 2026

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

Owner of RecordIndividual Name on File
Mailing Address61133 FALCON RD, OLATHE, CO 81425-9200
Owner TypeIndividual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleNov 6, 2002 · Amount on File
Deed SaleNov 6, 2002 · Amount on File
Prior SaleFeb 20, 2002
Record UpdatedOct 29, 2026

Tax Assessment & Valuation

The 2025 property tax bill for 503 S 3rd St was $589, up 112.6% from the year before.

Source: Montrose County assessment roll, as of May 18, 2026

Property Jurisdictions

TypeName
StateColorado
CountyMontrose County
MunicipalityOlathe Town
Unified School DistrictMontrose County School District RE-1J (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$589.00 (+112.64%)$8,240 (+135.43%)$116,930 Land $59,000 Building $57,930
2024$277.00 (+3.36%)$3,500 (-53.02%) Land $1,840 Building $1,660
2023$268.00$7,450 Land $3,910 Building $3,540$52,250 Land $27,400 Building $24,850

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

FEMA maps place 503 S 3rd St in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 2010.

Source: FEMA National Flood Hazard Layer, effective May 13, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies9 in force
Nearby Flood Claims1 (2010)
Most Recent ClaimMar 2010 · other causes

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

The area around 503 S 3rd St has no burnable land within ember reach, so its wildfire risk is not rated.

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

Wildfire RiskNot rated
no burnable land within ember reach

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

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemTOWN OF OLATHE
serves 3,015 people · EPA ID CO0143582
Water SourcePurchased surface water from several systems
Last State InspectionJan 2023

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting1
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 97 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Elevate Internet
Fiber
6,000 / 6,000
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20

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