NOT LISTED FOR SALE

1002 E Empire St Cortez, CO 81321

Estimated Value: $109,302 - $262,000

0.39 Acre
$476,028 Price per Acre
16,988 Sq Ft Lot

Sale Details

Date Sold: May 3, 2022

Last sale price $105,000

Est. 77% increase in value since last sale

Current estimated payment $1,177 / mo

53 Days on Market

About This Lot

As of May 2022

OPPORTUNITY IS KNOCKING!!!! This great lot is located directly across Empire street from City Park, and across Mildred Road from City property and Osprey Packs. Close proximity to hospital, and would be suited for a multitude of options! Single family home, multi family opportunity, business opportunity, the options are endless!!! Water and power is installed on property, sewer tap available. Think of the options in this great location with great visibility and access!! Within walking distance of schools, park, pool, ball fields, hospital, and other amenities this location would be great for 'food court', day care center, school, residential single family or multi family unit! Great location for VRBO!!! (How about a great primary residence with an ADU????) Don't miss this opportunity!!!

Last Agent to Sell the Property

Terry McCabe

RE/MAX Mesa Verde Realty Listed on: 02/11/2022

Last Buyer's Agent

Terry McCabe

RE/MAX Mesa Verde Realty Listed on: 02/11/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $542

Lot Details

  • 16,988 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Property is zoned Residential Multi Family

Property Views

  • Mountain Views

Schools

  • Downey 1-5 Elementary School
  • Cortez 6-8 Middle School
  • Montezuma-Cortez 9-12 High School

Utilities

  • Internet Available
  • Phone Available

Listing and Financial Details

  • Security Deposit $2,000
  • Assessor Parcel Number 561124331003

Property Details

Property Type

Land

Est. Annual Taxes

$542

Lot Details

0.39 Acres

Listing Details

  • Class: Land
  • Em Holder: Colorado Title
  • Fronts: Empire & Mildred
  • Legal Lot Block: SUBDIVISION: CORNETTS LOT: 1-5 BLOCK: 1 B 402 P 499 B 499 P 984 SUBDIVISION: CORNETTS SUB, AMENDED PLAT OF LOTS 6 AND 7, BL 1 LOT: 6 BLOCK: 1 LESS & EXCEPT E 7.8 FT OF LOT 6
  • Lot Dimension: .392 acres
  • Lot Size Acreage: .25-.5 Acres
  • Parcel Id Number: 561124331003
  • Property Description: Corner
  • Street Descriptionaccess: City/Town, Paved
  • Tax Account Id: R008180
  • Zoning: Residential Multi Family
  • Domestic Sewer: Sewer Tap Available
  • Domestic Water: Tap Paid, Public, Tap Installed
  • Type: Multi-Family
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 0.39
  • Em Deposit: 2000
  • Possible Property Use: Commercial, Residential Single Family, Recreation
  • Mineral Rights: Unknown
  • Topography: Level
  • Price per Sq Ft: 6.47
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 269230.77
  • Water Tap Available: Yes
  • Water Tap Installed: Yes
  • Total Taxes Dollar: 542.08
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains

Utilities

  • Utilities: Electricity, Phone Near, Natural Gas Near, Internet
  • Water Tap Paid: Yes
  • Electric Supplier: Empire Electric Association, Inc
  • Gas Supplier: Atmos Energy
  • Water Supplier: City Of Cortez

Schools

  • High School: Montezuma-Cortez 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2020

MLS Schools

  • Elementary School: Downey 1-5
  • Middle School: Cortez 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2022
Closed on
May 3, 2022
Sold by
Cl Hutton Family Trust
Bought by
City Of Cortez
Seller's Agent
Terry McCabe
RE/MAX Mesa Verde Realty
Buyer's Agent
Terry McCabe
RE/MAX Mesa Verde Realty
List Price
$109,900
Sold Price
$105,000
Premium/Discount to List
-$4,900
-4.46%
Current Estimated Value
$185,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,651
Avg. Annual Appreciation
15.23%

Purchase Details

Closed on
Apr 19, 2017
Sold by
Dorlarque Daniel Eugene and Earl Shelley T
Bought by
Hutton Chris E and Hutton Laurie A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
City Of Cortez -- None Listed On Document
Hutton Chris E $60,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2022 05/03/22 Sold $105,000 -4.5% --
04/05/2022 04/05/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $109,900 -- --
Source: Colorado Real Estate Network (CREN)

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
2025 -- $21,675 $21,675 $0
2024 -- $21,675 $21,675 $0
2023 $185 $21,675 $21,675 $0
2022 $185 $9,897 $9,897 $0
2021 $542 $9,897 $9,897 $0
2020 $574 $10,887 $10,887 $0
2019 $576 $10,887 $10,887 $0
2018 $694 $10,890 $10,890 $0
2017 $691 $10,890 $10,890 $0
2016 $626 $10,890 $10,890 $0
2015 $574 $59,320 $0 $0
2014 $669 $10,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 790432

Colorado Real Estate Network (CREN)

APN: R008180

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