NOT LISTED FOR SALE

1048 S 1st St Montrose, CO 81401

Estimated Value: $259,000 - $300,000

2 Beds
1 Bath
864 Sq Ft
$319/Sq Ft Est. Value

Last Sold February 14, 2024

Last sale price $254,000 $294 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,499/month

139 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • 1-Story Property
  • Corner Lot
  • Bungalow
  • Forced Air Heating System

About This Home

As of February 2024

Discover the charm of downtown Montrose living in this delightful 2-bedroom, 1-bath home. Situated on a spacious corner lot, this property boasts a nice-sized yard and a welcoming covered front porch. Step inside to find beautiful hardwood floors throughout and an abundance of natural light streaming in from the newer windows. The large kitchen offers ample space for culinary creations. You will enjoy the deck off the kitchen great for your summer BBQ's. The large back yard is fully fenced and has a shed for extra storage. This property is located in the REDO district witch would allow for an ADU to be built on the property. ADUs can provide rental income or affordable independent living arrangements for relatives. Don't miss this opportunity to own a piece of Montrose with all its character and convenience.

Last Agent to Sell the Property

Christine Kersen

NextHome Virtual Listed on: 08/26/2023

NextHome Virtual

Last Buyer's Agent

Beckie Pendergrass

Keller Williams Realty Southwest Associates, LLC - Montrose

Keller Williams Realty Southwest Associates, LLC - Montrose

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $589

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot
  • Back Yard Fenced
  • Corner Lot

Home Design

  • Bungalow
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

  • Johnson K-5 Elementary School
  • Centennial 6-8 Middle School
  • Montrose 9-12 High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 376727236001

Home Details

Home Type

Single Family

Est. Annual Taxes

$589

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher
  • Estimated Total Acres: 0.14
  • Class: RESIDENTIAL
  • Em Deposit: 4000
  • Em Holder: Land Title
  • Exterior Inclusions: Covered Porch
  • Legal Lot Block: SUBD: LOUTSENHIZER ADDN BLOCK: 101 LOT: 1 AND:- LOT: 2 S: 27 T: 49 R: 9
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 376727236001
  • Price Per Sq Ft: 293.98
  • Property Description: Corner
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Residence Style: Bungalow
  • Sale/Rent: For Sale
  • Siding: Wood
  • Sold Price Sq Ft: 293.98
  • Street Descriptionaccess: City/Town
  • Street Designation: Street
  • Tax Account Id: R0003267
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Service: Yes
  • Total Taxes Dollar: 589.04
  • Year Built: 1910
  • Foreign Owned Y N: No
  • Prop Description Remarks: Discover the charm of downtown Montrose living in this delightful 2-bedroom, 1-bath home. Situated on a spacious corner lot, this property boasts a nice-sized yard and a welcoming covered front porch. Step inside to find beautiful hardwood floors throughout and an abundance of natural light streaming in from the newer windows. The large kitchen offers ample space for culinary creations. You will enjoy the deck off the kitchen great for your summer BBQ's. The large back yard is fully fenced and has a shed for extra storage. This property is located in the REDO district witch would allow for an ADU to be built on the property. ADUs can provide rental income or affordable independent living arrangements for relatives. Don't miss this opportunity to own a piece of Montrose with all its character and convenience.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Bedrooms: 2
  • Flooring: Hardwood, Linoleum
  • Estimated Total Sq Ft: 864
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Total Office Den: 0

Exterior Features

  • Fence: Fenced - Back
  • Construction Type: Wood
  • Roof: Composition

Utilities

  • Utilities: Electric, Natural Gas, Internet
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Heating System: Forced Air
  • Sewer Supplier: City of Montrose
  • Water Supplier: City of Montrose

Schools

  • High School: Montrose 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

MLS Schools

  • Elementary School: Johnson K-5
  • Middle School: Centennial 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2023
Closed on
Feb 14, 2024
Sold by
Reynolds Rodney Matthew and Reynolds Eric Allen
Bought by
Friesen Gunnar and Freeman Anna Elizabeth
Seller's Agent
Christine Kersen
NextHome Virtual
Buyer's Agent
Beckie Pendergrass
Keller Williams Realty Southwest Associates, LLC - Montrose
List Price
$289,000
Sold Price
$254,000
Premium/Discount to List
-$35,000
-12.11%
Views
100
Current Estimated Value
$275,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,917
Avg. Annual Appreciation
4.99%

Purchase Details

Closed on
Nov 13, 2002
Sold by
Gugin Kevin E
Bought by
Reynolds Matthew Allen

Purchase Details

Closed on
May 22, 1996
Sold by
Troncoso Robert
Bought by
Gugin Kevin E

Purchase Details

Closed on
Aug 4, 1993
Sold by
Frasier Greg
Bought by
Troncoso Robert

Purchase Details

Closed on
Oct 16, 1992
Sold by
Mccaslin Michael D and Mccaslin Lynda K
Bought by
Frasier Greg

Purchase Details

Closed on
Mar 29, 1978
Sold by
Smith William R and Smith Jo Ann
Bought by
Mccaslin Michael D and Mccaslin Lynda K
Source: Public Records

Range of Values:

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Average Value
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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
Friesen Gunnar $254,000 Land Title
Reynolds Matthew Allen $90,900 --
Gugin Kevin E $70,000 --
Troncoso Robert $40,000 --
Frasier Greg $17,300 --
Mccaslin Michael D $22,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2024 02/14/24 Sold $254,000 -3.8% $294 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
01/04/2024 01/04/24 Price Changed $264,000 -5.4% $306 / Sq Ft
10/24/2023 10/24/23 Price Changed $279,000 -3.5% $323 / Sq Ft
10/19/2023 10/19/23 For Sale $289,000 0.0% $334 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
08/26/2023 08/26/23 For Sale $289,000 -- $334 / 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 $622 $8,730 $2,590 $6,140
2023 $622 $12,880 $3,820 $9,060
2022 $589 $8,560 $2,780 $5,780
2021 $607 $8,810 $2,860 $5,950
2020 $501 $7,470 $2,470 $5,000
2019 $504 $7,470 $2,470 $5,000
2018 $435 $6,280 $1,990 $4,290
2017 $431 $6,280 $1,990 $4,290
2016 $427 $6,330 $2,010 $4,320
2015 $420 $6,330 $2,010 $4,320
2014 $363 $5,860 $2,010 $3,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 807394

Colorado Real Estate Network (CREN)

APN: R0003267