$207,000
SOLD AUG 23, 2024

1101 S 5th St Unit D Montrose, CO 81401

2 Beds
2 Baths
1,281 Sq Ft
$200/mo HOA Fee

Recently Sold

$162 Per Sq Ft

8% Below List Price

47 Days on Market

About This Home

As of August 2024

Welcome to this charming 2-bedroom, 2-bathroom condo in the heart of Montrose, offering a comfortable and spacious living experience. This well-maintained home spans 1,281 sq. ft. and boasts a thoughtful layout that caters to both convenience and style. As you enter the main level, you're greeted by newer laminate flooring that adds a touch of modern elegance throughout. The dining room seamlessly connects to the well-appointed kitchen, creating an ideal space for entertaining. The nicely sized living room provides a cozy retreat, and sliding glass doors lead out to the fenced back yard, offering a private outdoor oasis. Descend to the lower level, where you'll discover a family room that opens up to a versatile non-conforming bedroom or office. This space comes complete with an attached bathroom for added convenience, making it perfect for guests or a home office setup. The laundry room on this level adds practicality to daily living. Venture upstairs to find two large bedrooms, each providing a comfortable retreat for rest and relaxation. The second bathroom on this floor ensures ample accommodation for all residents and guests. Included in the sale are all appliances, making this home truly turnkey. Additionally, each unit comes with two parking spaces, providing hassle-free parking for residents and their guests. Situated in a central location in Montrose, this condo offers proximity to schools, shopping centers, and parks, ensuring that daily necessities and recreational activities are easily accessible. Whether you're looking for a cozy home or an investment property, this condo offers a blend of comfort and convenience in a desirable community. Don't miss the opportunity to make this lovely condo your own!

Last Agent to Sell the Property

Christine Kersen

NextHome Virtual Listed on: 06/03/2024

NextHome Virtual

Last Buyer's Agent

Diane Haynes

CENTURY 21 Elevated Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $566

Year Built

  • Built in 1975

Lot Details

  • Back Yard Fenced

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,281 Sq Ft Home
  • Laminate Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Baseboard Heating
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 3767274320040

Community Details

Overview

  • Association fees include building maintenance
  • San Juan Place Condos HOA
  • San Juan Place Condos Subdivision

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$566

Year Built

Built in 1975

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer
  • Class: RESIDENTIAL
  • Em Deposit: 5000
  • Em Holder: Land Title
  • Legal Lot Block: SUBD: SAN JUAN PLACE CONDOS UNIT: 4 S: 27 T: 49 R: 9
  • Parcel Id Number: 3767274320040
  • Price Per Sq Ft: 161.59
  • Real Estate Included: Yes
  • Realist Id: 3767-274-32-004
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 161.59
  • Street Designation: Street
  • Tax Account Id: R0006282
  • Type: Condo
  • Hoa Dogs Allowed: Yes
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Service: Yes
  • Total Taxes Dollar: 565.64
  • Year Built: 1975
  • Foreign Owned Y N: No
  • Prop Description Remarks: Welcome to this charming 2-bedroom, 2-bathroom condo in the heart of Montrose, offering a comfortable and spacious living experience. This well-maintained home spans 1,281 sq. ft. and boasts a thoughtful layout that caters to both convenience and style. As you enter the main level, you're greeted by newer laminate flooring that adds a touch of modern elegance throughout. The dining room seamlessly connects to the well-appointed kitchen, creating an ideal space for entertaining. The nicely sized living room provides a cozy retreat, and sliding glass doors lead out to the fenced back yard, offering a private outdoor oasis. Descend to the lower level, where you'll discover a family room that opens up to a versatile non-conforming bedroom or office. This space comes complete with an attached bathroom for added convenience, making it perfect for guests or a home office setup. The laundry room on this level adds practicality to daily living. Venture upstairs to find two large bedrooms, each providing a comfortable retreat for rest and relaxation. The second bathroom on this floor ensures ample accommodation for all residents and guests. Included in the sale are all appliances, making this home truly turnkey. Additionally, each unit comes with two parking spaces, providing hassle-free parking for residents and their guests. Situated in a central location in Montrose, this condo offers proximity to schools, shopping centers, and parks, ensuring that daily necessities and recreational activities are easily accessible. Whether you're looking for a cozy home or an investment property, this condo offers a blend of comfort and convenience in a desirable community. Don't miss the opportunity to make this lovely condo your own!
  • Subdv Name: San Juan Place Condos
  • Unit Suite Number: D
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bedrooms: 2
  • Flooring: Laminate
  • Estimated Total Sq Ft: 1281
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Total Office Den: 0

Exterior Features

  • Fence: Fenced - Back
  • Construction Type: Brick

Utilities

  • Utilities: Electric, Internet
  • Electric Supplier: Delta-Montrose Electric Association
  • Heating System: Electric Baseboard
  • Sewer Supplier: City of Montrose
  • Water Supplier: City of Montrose

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Building Maintenance
  • Hoametro Fees: 200
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: San Juan Place Condos

Schools

  • Elementary School: Johnson K-5
  • Middle School: Centennial 6-8
  • High School: Montrose 9-12
  • 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
Jun 3, 2024
Closed on
Aug 23, 2024
Sold by
Romero Marlen Olivas
Bought by
Mary Jane Ponder Trust
Seller's Agent
Christine Kersen
NextHome Virtual
Buyer's Agent
Diane Haynes
CENTURY 21 Elevated Real Estate
List Price
$225,000
Sold Price
$207,000
Premium/Discount to List
-$18,000
-8%
Views
64
Current Estimated Value
$217,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,648
Avg. Annual Appreciation
5.93%

Purchase Details

Closed on
Dec 23, 2015
Sold by
Lewis Nancy C
Bought by
Romero Marlen Olivas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.03%

Purchase Details

Closed on
Oct 31, 2006
Sold by
Hill Walter H and Hill Robyn J
Bought by
Lewis Nancy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
6.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2002
Sold by
Hill Walter H
Bought by
Hill Robyn J

Purchase Details

Closed on
Nov 2, 2001
Sold by
Brown Richard J and Brown Shirley L
Bought by
Hill Walter H

Purchase Details

Closed on
Jun 1, 1998
Sold by
Patrick Richard P
Bought by
Brown Richard J and Brown Shirley L

Purchase Details

Closed on
Jun 22, 1990
Sold by
Scott Stephen R and Scott Ann E
Bought by
Patrick Richard P

Purchase Details

Closed on
Apr 8, 1985
Sold by
Bullington Robert J
Bought by
Scott Stephen R and Scott Ann E

Purchase Details

Closed on
Feb 5, 1981
Sold by
Leonard Lorraine
Bought by
Bullington Robert J

Purchase Details

Closed on
Aug 10, 1978
Sold by
Rumble James A
Bought by
Leonard Lorraine
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 Type Sale Price Title Company
Special Warranty Deed $207,000 Land Title Guarantee
Warranty Deed $80,000 Fidelity National Title Comp
Warranty Deed $108,000 Security Title
Deed -- --
Warranty Deed $74,000 --
Deed $55,000 --
Warranty Deed $39,000 --
Deed $60,000 --
Warranty Deed -- --
Warranty Deed $39,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $40,000 No Value Available
Previous Owner $740,000 New Conventional
Previous Owner $77,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $207,000 -8.0% $162 / Sq Ft
07/20/2024 07/20/24 Pending -- -- --
06/03/2024 06/03/24 For Sale $225,000 -- $176 / 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 $580 $8,150 $0 $8,150
2023 $580 $12,270 $0 $12,270
2022 $566 $8,220 $0 $8,220
2021 $583 $8,450 $0 $8,450
2020 $525 $7,830 $0 $7,830
2019 $529 $7,830 $0 $7,830
2018 $411 $5,930 $0 $5,930
2017 $407 $5,930 $0 $5,930
2016 $390 $5,780 $0 $5,780
2015 $383 $5,780 $0 $5,780
2014 $351 $5,660 $0 $5,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 814442

Colorado Real Estate Network (CREN)

APN: R0006282