NOT LISTED FOR SALE

0 Nevada Unit 718307 Montrose, CO 81401

Estimated Value: $200,000 - $232,000

2 Beds
1 Bath
784 Sq Ft
$273/Sq Ft Est. Value

Last Sold August 12, 2016

Last sale price $86,000 $110 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $1,171/month

About This Home

As of August 2016

Great starter home, or rental. (it would rent for over $650 easily) Some nice, upgrades recently with 7-8 NEW windows and metal newer siding.(the new metal siding requires no maintenance) Newer stained fence and brand new horizontal modern fence also. Great porch and room to expand! New flooring and painting, recently remodeled. There is value at this price point with the upgrades and flooring ect. You can "Own for cheaper than renting" A house at this price would be around $zero-$1,500 down (FHA/rural loan/VA) and your monthly mortgage payment would be about $300/month+/-, depending on your credit and would include taxes and insurance and escrow. That's well below the $600+ market rent someone would be charging you. Not sure if you qualify for a mortgage??? I can put you in touch with experts ready to help you get financing lined up!!! (Sorry, this is NOT a rent-to-own). There are only 4 homes in the city that are under 120k that I am aware of, not much supply, and this home has been fixed up!

Last Agent to Sell the Property

Scott Elkins

Telluride Realty, LLC Listed on: 05/05/2016

Last Buyer's Agent

Tami Distel

Skytan Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $558

Year Built | Renovated

  • 1951 | 2010

Lot Details

  • 2,178

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 784 Sq Ft Home
  • 2,178 Sq Ft Lot
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 376727317002

Home Details

Home Type

Single Family

Est. Annual Taxes

$558

Year Built | Renovated

1951 | 2010

Lot Details

0

Listing Details

  • Appliance Inclusions: Refrigerator
  • Estimated Total Acres: 0.05
  • Class: RESIDENTIAL
  • Em Deposit: 1500
  • Em Holder: title
  • Legal Lot Block: Subd: MONTROSE TOWN OF Block: 35 REAR 62 1/2FT LT
  • List Price per Sq Ft: 106.82
  • Parcel Id Number: 376727317002
  • Real Estate Included: Yes
  • Realist Id: 3767-273-17-002
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 109.69
  • Zoning: Residential Single Family
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951
  • Year Renovated: 2010

Interior Features

  • Bedrooms: 2
  • Estimated Total Sq Ft: 784
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Main Level Sq Ft: 785
  • Total Office Den: 0

Utilities

  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: SourceGas
  • Water Supplier: City of Montrose

Schools

  • Elementary School: Johnson K-5
  • Middle School: Open Enrollment
  • High School: Montrose 9-12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2016
Closed on
Aug 12, 2016
Sold by
Come Monday Inkcorporated
Bought by
Lamberson Gail M
Seller's Agent
Scott Elkins
Telluride Realty, LLC
Buyer's Agent
Tami Distel
Skytan Real Estate, LLC
List Price
$89,750
Sold Price
$86,000
Premium/Discount to List
-$3,750
-4.18%
Current Estimated Value
$214,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,369
Avg. Annual Appreciation
10.43%
Original Mortgage
$83,129
Outstanding Balance
$67,397
Interest Rate
3.99%
Mortgage Type
FHA
Estimated Equity
$146,972

Purchase Details

Closed on
Sep 30, 2004
Sold by
Schmidt Cynthia L
Bought by
Come Monday Incorporated

Purchase Details

Closed on
Jul 15, 2002
Sold by
Cantor Allan
Bought by
Schmidt Cynthia L

Purchase Details

Closed on
Apr 7, 1995
Sold by
Goodwin John L and Goodwin Lydia L
Bought by
Cantor Allan

Purchase Details

Closed on
Feb 23, 1983
Sold by
Goodwin John L and Goodwin Lydia L
Bought by
Goodwin John L and Goodwin Lydia L

Purchase Details

Closed on
Dec 12, 1980
Sold by
Hawks William D and Hawks Opal J
Bought by
Goodwin John L and Goodwin Lydia L

Purchase Details

Closed on
Dec 21, 1978
Sold by
Hawks John W and Hawks Trilby M
Bought by
Hawks William D and Hawks Opal J
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
Lamberson Gail M $86,000 Fidelity National Title
Come Monday Incorporated $70,000 --
Schmidt Cynthia L $52,500 --
Cantor Allan $42,700 --
Goodwin John L -- --
Goodwin John L $24,500 --
Hawks William D $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamberson Gail M $83,129
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2016 08/12/16 Sold $86,000 -4.2% $110 / Sq Ft
06/28/2016 06/28/16 Pending -- -- --
05/05/2016 05/05/16 For Sale $89,750 -- $114 / Sq Ft
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 $558 $7,830 $1,250 $6,580
2023 $558 $11,950 $1,910 $10,040
2022 $557 $8,100 $1,390 $6,710
2021 $574 $8,330 $1,430 $6,900
2020 $458 $6,820 $1,240 $5,580
2019 $461 $6,820 $1,240 $5,580
2018 $360 $5,200 $1,000 $4,200
2017 $357 $5,200 $1,000 $4,200
2016 $330 $4,890 $1,000 $3,890
2015 $324 $4,890 $1,000 $3,890
2014 $293 $4,730 $1,000 $3,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 718307

Colorado Real Estate Network (CREN)

APN: R0001536