NOT LISTED FOR SALE

1201 S 5th St Unit 437 S Stough Ave Montrose, CO 81401

Estimated Value: $436,000 - $516,828

3 Beds
2 Baths
2,268 Sq Ft
$211/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $315,000 $139 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,705/month

Highlights

  • Wood Burning Stove
  • Patio
  • Combination Kitchen and Dining Room
  • Corner Lot
  • 1-Story Property
  • Carpet

About This Home

As of December 2020

This home is located at 1201 S 5th St Unit 437 S Stough Ave, Montrose, CO 81401 since 21 October 2020 and is currently estimated at $479,207, approximately $211 per square foot. This property was built in 1976. 1201 S 5th St Unit 437 S Stough Ave is a home located in Montrose County with nearby schools including Johnson Elementary School, Centennial Middle School, and Montrose High School.

Last Agent to Sell the Property

Vicki Jones

RE/MAX Alpine View Listed on: 10/21/2020

RE/MAX Alpine View

Co-Listed By

Doug Phillips

Norris-Phillips Real Estate, LLC

Last Buyer's Agent

Jessamy Pressler

NextHome Virtual

NextHome Virtual

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,246

Year Built

  • Built in 1976

Lot Details

  • 9,148 Sq Ft Lot
  • Corner Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,268 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Combination Kitchen and Dining Room

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Patio

Schools

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

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for building insurance, real estate taxes, ext maintenance (bldg), water/sewer, trash
  • Assessor Parcel Number 376727107005

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,246

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher
  • Estimated Total Acres: 0.21
  • Class: Multifamily
  • Em Deposit: 5000
  • Em Holder: Land Title Guarantee Co
  • Exterior Inclusions: Patio
  • Interior Inclusions: Wood Stove
  • Legal Lot Block: Lots 13 thru 15, Block 114, Loutsenhizer Addn. 27-49-9
  • List Price per Sq Ft: 144.4
  • Lot Dimension: 9375 sq ft
  • Lot Size Acreage: Less than 1/2
  • Parcel Id Number: 376727107005
  • Price Per Sq Ft: 138.89
  • Property Description: Corner
  • Residence Stories: One Story
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 138.89
  • Street Descriptionaccess: City/Town
  • Street Designation: Street
  • Tax Account Id: R0003113
  • Zoning: Residential Multi Family
  • Fireplace Type Location: Woodstove
  • Heating Fuelsystem: Electric Baseboard
  • Landlord Pays: Building Insurance, Real Estate Taxes, Ext Maintenance (Bldg), Water/Sewer, Trash
  • Total Number Electric Meters: 2
  • Total Number Water Meters: 1
  • Type: Duplex
  • Total Taxes Dollar: 1245.96
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1072

Interior Features

  • Dining Room: Kitchen/Dining
  • Flooring: Carpet, Vinyl
  • Estimated Total Sq Ft: 2268
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Main Level Sq Ft: 2268
  • Total Office Den: 0

Exterior Features

  • Roof: Composition

Garage/Parking

  • Parking: Off Street, 1 per unit

Utilities

  • Electric Supplier: Delta-Montrose Electric Association
  • Sewer Supplier: City of Montrose
  • Water Supplier: City of Montrose

Schools

  • High School: Montrose 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Tenant Pays: Electric
  • Furnished: Unfurnished

Multi Family

  • No. of Units: 2

Tax Info

  • Tax Year: 2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Dec 18, 2020
Sold by
Posey Properties Llc
Bought by
Neilson Daniel and Borchardt Marisa
Seller's Agent
Vicki Jones
RE/MAX Alpine View
Buyer's Agent
Jessamy Pressler
NextHome Virtual
List Price
$327,500
Sold Price
$315,000
Premium/Discount to List
-$12,500
-3.82%
Current Estimated Value
$479,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,207
Avg. Annual Appreciation
9.02%
Original Mortgage
$267,750
Outstanding Balance
$238,377
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$240,830

Purchase Details

Closed on
Apr 19, 2018
Sold by
Hughes Steven C and Hughes Pamala M
Bought by
Posey Properties Llc

Purchase Details

Closed on
Dec 20, 2013
Sold by
Keltz Brandon E and Keltz Michelle E
Bought by
Hughes Steven C and Hughes Pamala M

Purchase Details

Closed on
Feb 11, 2009
Sold by
Straughan Lois Lee
Bought by
Keltz Brandon E and Keltz Michelle E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 1995
Sold by
Hammans Lois Lee
Bought by
Straughan Lois Lee

Purchase Details

Closed on
Nov 30, 1992
Sold by
Lowrey Michael Robert
Bought by
Hammans Lois Lee

Purchase Details

Closed on
Feb 28, 1990
Sold by
Aufderheide Norman J and Aufderheide Dixie J
Bought by
Lowrey Michael Robert

Purchase Details

Closed on
Nov 13, 1978
Sold by
Lay Robert V
Bought by
Aufderheide Norman J and Aufderheide Dixie J
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
Neilson Daniel $315,000 Land Title Guarantee Co
Posey Properties Llc -- None Available
Hughes Steven C $160,000 None Available
Keltz Brandon E $130,000 United Title Company
Straughan Lois Lee -- --
Hammans Lois Lee $84,000 --
Lowrey Michael Robert $72,300 --
Aufderheide Norman J $60,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neilson Daniel $267,750
Previous Owner Keltz Brandon E $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold $315,000 -3.8% $139 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $327,500 -- $144 / 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 $2,286 $32,100 $3,800 $28,300
2023 $2,286 $41,050 $4,300 $36,750
2022 $1,486 $21,590 $3,130 $18,460
2021 $1,565 $22,700 $3,290 $19,410
2020 $1,238 $18,450 $2,840 $15,610
2019 $1,246 $18,450 $2,840 $15,610
2016 $1,041 $15,410 $2,310 $13,100
2015 $1,022 $15,410 $2,310 $13,100
2014 $988 $15,940 $2,310 $13,630
Source: Public Records

Agents Affiliated with this Home

  • Vicki Jones

    Seller's Agent in 2020

    Vicki Jones

    RE/MAX

    (970) 209-3018

    100 Total Sales

    Vicki Jones
    Section Image
  • Doug Phillips

    Seller Co-Listing Agent in 2020

    Doug Phillips

    Norris-Phillips Real Estate, LLC

    (970) 209-0135

    132 Total Sales

    Doug Phillips
    Section Image
  • Jessamy Pressler

    Buyer's Agent in 2020

    Jessamy Pressler

    NextHome Virtual

    (970) 433-0961

    150 Total Sales

    Jessamy Pressler
    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 775793

Colorado Real Estate Network (CREN)

APN: R0003113

Colorado Montrose County Montrose 81401

1201 S 5th St Unit 437 S Stough Ave, Montrose, CO

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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