511 S Hersum Ave, Olathe, CO 81425 Property Records

Montrose County property record for 511 S Hersum Ave, Olathe, CO 81425

Property Summary

Property TypeSingle Family Home
Details2 bd · 1 ba · 956 sqft · built 1950
Lot Size0.083 acres (3,600 sqft)
OwnerIndividual Name on File
Last Sale$165,000 (May 2021)
Tax Bill$1,012 (2025)
Deeds & MortgagesFeb 2022 Mortgage
May 2021 Sale & Mortgage
+ 1 more
Flood ZoneZone AE (high risk)
APN3723-152-11-002

Property Details

APN / Parcel Number

Primary APN3723-152-11-002
Alternative APN
  • R0007035

Interior

Bedrooms2 Beds
Full Baths1 Bath
Stories1 Story
Building Area956 sqft Heated Area

Exterior

Year BuiltBuilt 1950
Effective Year BuiltEffective 1970
Exterior MaterialStucco
Construction TypeWood
Roof TypeFlat
Roof MaterialBuilt-Up Asphalt
Lot Area3,600 sqft (0.083 acres)

Utilities, Heating & Cooling

Cooling SystemNone
Heating SystemForced Air with A/C
Heating FuelGas

Location & Zoning

Account NumberR0007035
Street Address511 S HERSUM AVE
CityOLATHE
StateCO
Zip81425
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionSUBD: WORTMAN SUBD OF THE TOWN OF OLATHE BLOCK: 3 LOT: 1 THRU:- LOT: 3 N 50FT OF LOTS 1-3 EXC W 3FT S: 15 T: 50 R: 10
Legal Range10
Legal Township50
Legal Section15
Legal SubdivisionWORTMAN SUBD
Legal Block3
Legal Lot Number1-3
JurisdictionMONTROSE CO
Township / Civil DivisionOLATHE
Census Block Group2
Census Block2094
Census Tract966202

Owner

Source: Montrose County records, as of May 18, 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 AddressPO BOX 673, OLATHE, CO 81425-0673
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
Feb 16, 2022Deed of Trust, Mortgage · VA Mortgage
MORTGAGE SOLUTIONS OF COLORADO LLC
May 13, 2021Special Warranty Deed, Transfer · VA Mortgage
MORTGAGE SOLUTIONS OF COLORADO LLC
Oct 26, 2017Warranty Deed, Transfer · FHA Mortgage
BAY EQUITY LLC

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMay 13, 2021 · Amount on File
Deed SaleMay 13, 2021 · Amount on File
Prior SaleOct 26, 2017 · Amount on File
Deed Document Number2021935929
Record UpdatedJun 8, 2026

February 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMONTROSE CO
Property Address511 S HERSUM AVE, OLATHE, CO 81425
Transaction TypeMortgage
Record UpdatedFeb 24, 2022
Title CompanyLAND TITLE GUARANTY COMPANY IN, LAND TITLE GUARANTEE COMPANY

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000946971
DateFeb 16, 2022
Instrument946971
Lender
NameMORTGAGE SOLUTIONS OF COLORADO LLC
TypeMortgage Company
AddressCOLORADO SPRINGS, CO 80918
Agreement
TypeVA Mortgage
AmountAmount on Record
Term361 Months
DueMar 1, 2052

May 2021: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionMONTROSE CO
Recording DateMay 13, 2021
Property Address511 S HERSUM AVE, OLATHE, CO 81425
Document Number935929
Instrument DateMay 12, 2021
Instrument935929
Transaction TypeTransfer
Record UpdatedMay 27, 2021
Title CompanyLAND TITLE GUARANTY COMPANY IN, LAND TITLE GUARANTEE CO

Transaction

AmountAmount on Record
Loan-to-Value (LTV)LTV on Record
Tax$16.50
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
AddressPO BOX 531, OLATHE, CO 81425-0531

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants
Address511 S HERSUM AVE, OLATHE, CO 81425
InvestorPossibly a Property Investor

Mortgage

Document Number935930
DateMay 13, 2021
Instrument935930
Lender
NameMORTGAGE SOLUTIONS OF COLORADO LLC
TypeMortgage Company
Agreement
TypeVA Mortgage
AmountAmount on Record
Term361 Months
DueJun 1, 2051

October 2017: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMONTROSE CO
Recording DateOct 26, 2017
Property Address511 S HERSUM AVE, OLATHE, CO 81425
Document Number891076
Instrument DateOct 26, 2017
Instrument891076
Transaction TypeTransfer
Record UpdatedAug 6, 2021
Title CompanyLAND TITLE GUARANTEE CO

Transaction

AmountAmount on Record
Loan-to-Value (LTV)LTV on Record
Tax$9.30
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address00000

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipEt Ux (and Wife)
Address511 HERSUM AVE, OLATHE, CO 81425

Mortgage

Document Number891077
DateOct 26, 2017
Instrument891077
Lender
NameBAY EQUITY LLC
TypeMortgage Company
Agreement
TypeFHA Mortgage
AmountAmount on Record
Term361 Months
DueNov 1, 2047

Mortgage

Document Number891078
DateOct 26, 2017
Instrument891078
Lender
NameCOLORADO HOUSING & FINANCE AUTHORITY
TypeGovernment Agency
AddressDENVER, CO 80202
Agreement
TypeStand-Alone Second Mortgage
AmountAmount on Record
Term361 Months
DueNov 1, 2047

Tax Assessment & Valuation

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$1,012.00 (+47.31%)$14,140 (+62.9%)$200,640 (+54.85%) Land $23,600 Building $177,040
2024$687.00 (+3.31%)$8,680 (-32.29%) Land $1,060 Building $7,620
2023$665.00$12,820 Land $1,560 Building $11,260$129,570 Land $15,800 Building $113,770

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

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

FEMA Flood ZoneZone AE
high risk
100-Year FloodplainYes
1% annual chance
FloodwayNo
Base Flood ElevationVaries along the reach; see FIRM
Flood Insurance RequirementRequired
federally backed loans
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

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

Wildfire RiskLow
lower than 80% of the US · lower than 91% of Colorado
Wildfire Likelihood0.01% annual chance
ExposureNone
beyond 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 268 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

May also be available: Clearnetworx, Spectrum.

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