NOT LISTED FOR SALE

112 E North St Cortez, CO 81321

Estimated Value: $242,000 - $289,000

2 Beds
1 Bath
976 Sq Ft
$267/Sq Ft Est. Value

Last Sold October 19, 2021

Last sale price $205,000 $210 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,434/month

Highlights

  • Ranch Style House
  • Double Pane Windows
  • Floor Furnace
  • Wood Flooring
  • Shed
  • High Speed Internet

About This Home

As of October 2021

Here 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.

Last Agent to Sell the Property

Scott Wallace

4 Corners Properties, Inc. Listed on: 08/23/2021

Last Buyer's Agent

Scott Wallace

4 Corners Properties, Inc. Listed on: 08/23/2021

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$457

Year Built

Built in 1937 | Remodeled in 2000

Lot Details

0

Listing Details

  • Appliance Inclusions: Refrigerator, Washer, Dryer, Range/Oven
  • Estimated Total Acres: 0.109
  • Class: RESIDENTIAL
  • Elevation: 6190
  • Em Deposit: 2000
  • Em Holder: MonDo Title
  • Legal Lot Block: CORTEZ ORIGINAL Lot: 15-18 Block: 18 CENTER 47.3FT LOTS 15-18
  • List Price per Sq Ft: 220.29
  • Lot Dimension: Varies
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 561126242009
  • Price Per Sq Ft: 210.04
  • Real Estate Included: Yes
  • Realist Id: 5611-262-42-009
  • Residence Stories: One Story
  • Residence Style: Ranch
  • Sale/Rent: For Sale
  • Siding: Wood
  • Sold Price Sq Ft: 210.04
  • Street Descriptionaccess: City/Town
  • Street Designation: Street
  • Tax Account Id: R009503
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: 456.56
  • Year Built: 1937
  • Year Renovated: 2000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Bedrooms: 2
  • Flooring: Hardwood, Linoleum
  • Estimated Total Sq Ft: 976
  • Basement Sq Ft: 364
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Foundation: Basement-unfinished, Concrete
  • Main Level Sq Ft: 976
  • Total Office Den: 0

Exterior Features

  • Fence: Fenced - Back
  • Windows: Double Pane, Vinyl
  • Construction Type: Wood Frame
  • Exterior Structures: Shed
  • Roof: Asphalt

Utilities

  • Utilities: Electric, Phone - Landline, Natural Gas, Internet - DSL
  • Electric Supplier: Empire Electric Association, Inc
  • Gas Supplier: Atmos Energy
  • Heating System: Floor Furnace
  • Sewer Supplier: Cortez Sanitation District
  • Water Heater: Gas Water Heater
  • Water Supplier: City of Cortez

Schools

  • Elementary School: Kemper K-5
  • Middle School: Cortez 6-8
  • High School: Montezuma-Cortez 9-12
  • High School: Montezuma-Cortez 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

MLS Schools

  • Elementary School: Kemper K-5
  • Middle School: Cortez 6-8

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%
Current Estimated Value
$260,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,897
Avg. Annual Appreciation
6.25%
Original Mortgage
$164,000
Outstanding Balance
$149,553
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$111,344

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
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
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 $164,000
Previous Owner Wallace Scott $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $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

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 786150

Colorado Real Estate Network (CREN)

APN: R009503