NOT LISTED FOR SALE

113 & 119 Elm St Cortez, CO 81321

Estimated Value: $315,000

0.24 Acre
$1,312,500 Price per Acre
10,454 Sq Ft Lot

Last Sold December 29, 2023

Last sale price $38,500

Est. 718% increase in value since last sale

Current estimated payment $1,783/month

141 Days on Market

About This Lot

As of December 2023

2 City Lots (50 X 140) and (25 X 140) that make up Almost a 1/4 Acre in the Heart of Cortez! Want elbow room in the city? Just blocks from downtown Cortez, the city shops and restaurants. This would make an excellent location for a short-term rental house with the space for an additional ADU unit. It's also a very quiet neighborhood with little traffic because Elm St. dead-ends into the new city park. All utilities available at the lot lines. Lots close to downtown are very hard to come by! Come see this one Today!!

Last Agent to Sell the Property

Peter Singleton

4 Corners Properties Inc. Listed on: 06/20/2023

Co-Listed By

Tim Singleton

4 Corners Properties Inc.

Last Buyer's Agent

Peter Singleton

4 Corners Properties Inc. Listed on: 06/20/2023

Property Details

Property Type

  • Land

Lot Details

  • 10,454 Sq Ft Lot

Schools

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

Community Details

  • Cortez Subdivision

Listing and Financial Details

  • Security Deposit $1,000
  • Assessor Parcel Number 561126311004

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Colorado Title
  • Legal Lot Block: Lots: 4-6 Blk: 43
  • Parcel Id Number: 561126311004
  • Street Designation: Street
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 0.24
  • Current Property Use: Residential Single Family
  • Em Deposit: 1000
  • Mineral Rights: Unknown
  • Price Acre: 195833.33
  • Price per Sq Ft: 4.5
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 160416.67
  • Water Tap Available: Yes
  • Total Taxes Dollar: 800
  • Prop Description Remarks: 2 City Lots (50 X 140) and (25 X 140) that make up Almost a 1/4 Acre in the Heart of Cortez! Want elbow room in the city? Just blocks from downtown Cortez, the city shops and restaurants. This would make an excellent location for a short-term rental house with the space for an additional ADU unit. It's also a very quiet neighborhood with little traffic because Elm St. dead-ends into the new city park. All utilities available at the lot lines. Lots close to downtown are very hard to come by! Come see this one Today!!
  • Subdv Name: Cortez
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Utilities

  • Electric Supplier: Empire Electric Association, Inc
  • Gas Supplier: Atmos Energy
  • Water Supplier: City Of Cortez

Schools

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

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2023
Closed on
Dec 7, 2023
Sold by
Vass Tazewell S
Bought by
Peterson Linnea
Seller's Agent
Peter Singleton
4 Corners Properties Inc.
Buyer's Agent
Peter Singleton
4 Corners Properties Inc.
List Price
$49,000
Sold Price
$38,500
Premium/Discount to List
-$10,500
-21.43%
Views
85
Current Estimated Value
$315,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,500
Avg. Annual Appreciation
271.99%

Purchase Details

Closed on
Oct 16, 1991
Sold by
Paulson Jerald James
Bought by
First Assembly Of God Church
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Peterson Linnea $38,500 None Listed On Document
First Assembly Of God Church $20,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold $38,500 -18.1% --
11/08/2023 11/08/23 Pending -- -- --
07/18/2023 07/18/23 Price Changed $47,000 -4.1% --
06/20/2023 06/20/23 For Sale $49,000 -- --
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 $530 $9,018 $9,018 $0
2023 $530 $9,018 $9,018 $0
2022 $228 $4,118 $4,118 $0
2021 $226 $4,118 $4,118 $0
2020 $239 $4,530 $4,530 $0
2019 $239 $4,530 $4,530 $0
2018 $289 $4,530 $4,530 $0
2017 $287 $4,530 $4,530 $0
2016 $260 $4,530 $4,530 $0
2015 $239 $24,680 $0 $0
2014 $278 $4,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Peter Singleton

    Seller's Agent in 2023

    Peter Singleton

    4 Corners Properties Inc.

    (970) 739-6774

    148 Total Sales

    Section Image
  • Tim Singleton

    Seller Co-Listing Agent in 2023

    Tim Singleton

    4 Corners Properties Inc.

    (970) 739-0190

    118 Total Sales

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 804897

Colorado Real Estate Network (CREN)

APN: R009645

Colorado Montezuma County Cortez 81321

113 & 119 Elm St, Cortez, CO

This home is located at 113 & 119 Elm St, Cortez, CO 81321 since 20 June 2023 and is currently estimated at $315,000. 113 & 119 Elm St is a home located in Montezuma County with nearby schools including Montezuma-Cortez High School, Children's Kiva Montessori School, and Children's Kiva Montessori Preschool & Kindergarten.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Colorado Real Estate Network (CREN) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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