112 E North St Cortez, CO 81321
Estimated Value: $248,000 - $305,000
2
Beds
1
Bath
976
Sq Ft
$272/Sq Ft
Est. Value
Highlights
- Ranch Style House
- Double Pane Windows
- Floor Furnace
- Wood Flooring
- Shed
- High Speed Internet
About This Home
As of October 2021Here is an opportunity to own a home that has a historic designation and has designated by the City of Cortez and included to the City Register of Historic Structures, Sites and Districts. This 1937 2 bedroom 1 bath home has been well maintained while keeping as much of the original character and charm as possible. The original wood floors have been carefully refinished along with some upgrades to the roof, foundation, windows, furnace and electrical. The exterior was just recently refinished and painted while keeping the original siding but extensive sanding, filling, sealing and priming was performed before 3 layer final paint coat was applied. The chimney above roof line was just completely rebuilt using brick matching the original design. The main home GLA measures approximately 975 sf but there is an attached storage area that may have been used as additional living at one point that is close to 300 sf. plus another 364 of concrete basement that's awesome for more storage and has a great little workroom area. The zoning is Neighborhood Business and this beautiful home has been a great income producer with the tenants just loving the location with easy access to restaurants and shopping and night life yet far enough back for peace and security.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $457
Year Built
- Built in 1937 | Remodeled in 2000
Lot Details
- 4,748 Sq Ft Lot
- Back Yard Fenced
Home Design
- Ranch Style House
- Concrete Foundation
- Asphalt Roof
- Wood Siding
- Stick Built Home
Interior Spaces
- 976 Sq Ft Home
- Double Pane Windows
- Vinyl Clad Windows
- Oven or Range
- Unfinished Basement
Flooring
- Wood
- Linoleum
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Shed
Schools
- Kemper K-5 Elementary School
- Cortez 6-8 Middle School
- Montezuma-Cortez 9-12 High School
Utilities
- Floor Furnace
- Heating System Uses Natural Gas
- Gas Water Heater
- High Speed Internet
- Internet Available
- Phone Available
Listing and Financial Details
- Assessor Parcel Number 561126242009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 23, 2021
Closed on
Oct 19, 2021
Sold by
Scott Wallace
Bought by
Burke Spencer D and Reagan Andrew H
Seller's Agent
Scott Wallace
4 Corners Properties, Inc.
Buyer's Agent
Scott Wallace
4 Corners Properties, Inc.
List Price
$215,000
Sold Price
$205,000
Premium/Discount to List
-$10,000
-4.65%
Total Days on Market
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,702
Avg. Annual Appreciation
7.69%
Original Mortgage
$164,000
Outstanding Balance
$151,486
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$117,173
Purchase Details
Closed on
Apr 11, 2013
Sold by
Wallace Sharon A
Bought by
Wallace Scott and Wallace Sharon A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
3.56%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 24, 2012
Sold by
Wallace Scott M and Wallace Sharon A
Bought by
Wallace Sharon A
Purchase Details
Closed on
Aug 12, 2004
Sold by
United States District Court
Bought by
Wallace Scott and Wallace Sharon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,786
Interest Rate
5.86%
Mortgage Type
Unknown
Similar Homes in Cortez, CO
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Burke Spencer D | -- | None Listed On Document | |
| Wallace Scott | -- | None Available | |
| Wallace Sharon A | -- | None Available | |
| Wallace Scott | $40,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Burke Spencer D | $43,000 | |
| Open | Burke Spencer D | $164,000 | |
| Previous Owner | Wallace Scott | $99,000 | |
| Previous Owner | Wallace Scott | $102,400 | |
| Previous Owner | Wallace Scott | $27,924 | |
| Previous Owner | Wallace Scott | $32,786 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/19/2021 10/19/21 | Sold | $205,000 | -4.7% | $210 / Sq Ft |
| 09/03/2021 09/03/21 | Pending | -- | -- | -- |
| 08/23/2021 08/23/21 | For Sale | $215,000 | -- | $220 / Sq Ft |
Source: Colorado Real Estate Network (CREN)
Tax History Compared to Growth
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 | $611 | $11,879 | $1,088 | $10,791 |
| 2023 | $611 | $16,257 | $1,489 | $14,768 |
| 2022 | $554 | $11,464 | $1,489 | $9,975 |
| 2021 | $564 | $11,464 | $1,489 | $9,975 |
| 2020 | $457 | $9,637 | $1,489 | $8,148 |
| 2019 | $458 | $9,637 | $1,489 | $8,148 |
| 2018 | $351 | $5,510 | $1,350 | $4,160 |
| 2017 | $349 | $5,510 | $1,350 | $4,160 |
| 2016 | $307 | $5,350 | $1,490 | $3,860 |
| 2015 | $282 | $77,830 | $0 | $0 |
| 2014 | $329 | $5,350 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Wallace
S
Seller's Agent in 2021
Scott Wallace
4 Corners Properties, Inc.
(970) 749-7992
81 Total Sales
Map
Source: Colorado Real Estate Network (CREN)
MLS Number: 786150
APN: R009503
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