NOT LISTED FOR SALE

1240 S 5th St Montrose, CO 81401

Estimated Value: $348,000 - $398,000

3 Beds
2 Baths
1,440 Sq Ft
$261/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $339,900 $236 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,107/month

30 Days on Market

Highlights

  • Wood Flooring
  • Shed
  • Forced Air Heating System
  • 1 Car Detached Garage
  • 1-Story Property
  • Evaporated cooling system

About This Home

As of August 2024

Located downtown and close to everything, this home sits on 3+ city lots with a large, fully fenced yard with a sprinkler system and mature landscaping. Bonus room off of kitchen could be a 4th bedroom, den, office or playroom. Includes a detached 2- car carport, storage sheds, and a detached 1-car garage/shop with 220 power. Opportunities are endless with what this property offers!

Last Agent to Sell the Property

Jamie Carver

NextHome Virtual Listed on: 06/02/2024

NextHome Virtual

Last Buyer's Agent

Joni Klein

Coldwell Banker Distinctive Properties

Coldwell Banker Distinctive Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,782

Year Built

  • Built in 1960

Lot Details

  • 0.26 Acre Lot
  • Privacy Fence

Home Design

  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • 2 Carport Spaces

Outdoor Features

  • Shed

Schools

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

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 376727402001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,782

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Estimated Total Acres: 0.26
  • Class: RESIDENTIAL
  • Em Deposit: 4000
  • Em Holder: Land Title
  • Legal Lot Block: SUBD: LOUTSENHIZER ADDN BLOCK: 115 LOT: 1 THRU:- LOT: 4 ESTLY 15FT OF LOT 4 S: 27 T: 49 R: 9
  • Lot Size Acreage: .25-.5
  • Parcel Id Number: 376727402001
  • Price Per Sq Ft: 236.04
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Sale/Rent: For Sale
  • Siding: Vinyl
  • Sold Price Sq Ft: 236.04
  • Street Descriptionaccess: City/Town, Paved
  • Street Designation: Street
  • Tax Account Id: R0003046
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Provider: Spectrum/Charter
  • Internet Service: Yes
  • Total Taxes Dollar: 1782.00
  • Year Built: 1960
  • Foreign Owned Y N: No
  • Prop Description Remarks: Located downtown and close to everything, this home sits on 3+ city lots with a large, fully fenced yard with a sprinkler system and mature landscaping. Bonus room off of kitchen could be a 4th bedroom, den, office or playroom. Includes a detached 2- car carport, storage sheds, and a detached 1-car garage/shop with 220 power. Opportunities are endless with what this property offers!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Bedrooms: 3
  • Flooring: Carpet-Partial, Hardwood, Vinyl
  • Estimated Total Sq Ft: 1440
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Main Level Sq Ft: 1440
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Fence: Privacy
  • Construction Type: Wood
  • Exterior Structures: Garage, Shed

Garage/Parking

  • Garage Type: Detached Garage
  • Garage: Yes
  • Carport: Yes
  • Carport Spaces: 2
  • Garage Capacity: 1

Utilities

  • Cooling: Evaporative Cooler
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Heating System: Forced Air
  • Sewer Supplier: City of Montrose
  • Water Supplier: City of Montrose

Schools

  • High School: Montrose 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

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 2, 2024
Closed on
Aug 16, 2024
Sold by
Gurule Marta Lisette and Gurule John Travis
Bought by
Jimenez Jessica Gaytan and Vasquez Josue Gutierrez
Seller's Agent
Jamie Carver
NextHome Virtual
Buyer's Agent
Joni Klein
Coldwell Banker Distinctive Properties
List Price
$359,000
Sold Price
$339,900
Premium/Discount to List
-$19,100
-5.32%
Views
67
Current Estimated Value
$376,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,269
Avg. Annual Appreciation
8.82%
Original Mortgage
$13,349
Outstanding Balance
$7,847
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$368,322

Purchase Details

Closed on
Aug 10, 2018
Sold by
Dranberg Matthew J and Dranberg Angel R
Bought by
Gurule Marta Lisette and Gurule John Travis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,969
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 1999
Sold by
Federal National Mortgage Association
Bought by
Dranberg Matthew J and Dranberg Angel R

Purchase Details

Closed on
Nov 15, 1998
Sold by
Berryman Carla J Public Trustee
Bought by
Federal National Mortgage Corporation

Purchase Details

Closed on
May 3, 1994
Sold by
Riner William E
Bought by
Riner William E and Riner Karen A

Purchase Details

Closed on
Apr 14, 1992
Sold by
Davis Charles R and Davis Helen M
Bought by
Riner William E

Purchase Details

Closed on
Nov 5, 1980
Sold by
Case Evelyn May Pr Est Of Sheperd Sam
Bought by
Davis Charles R and Davis Helen M

Purchase Details

Closed on
Mar 3, 1960
Sold by
Noland Fred
Bought by
Sheperd Sam and Shepherd Mable
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jimenez Jessica Gaytan $339,900 Land Title Guarantee
Gurule Marta Lisette $195,000 Fidelity National Title Co
Dranberg Matthew J $89,500 --
Federal National Mortgage Corporation -- --
Riner William E -- --
Riner William E $61,500 --
Davis Charles R $48,000 --
Sheperd Sam -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jimenez Jessica Gaytan $13,349
Open Jimenez Jessica Gaytan $333,743
Previous Owner Gurule Marta Lisette $196,969
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2024 08/16/24 Sold $339,900 -2.9% $236 / Sq Ft
07/02/2024 07/02/24 Pending -- -- --
06/21/2024 06/21/24 Price Changed $349,900 -2.5% $243 / Sq Ft
06/02/2024 06/02/24 For Sale $359,000 -- $249 / 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 $1,602 $22,500 $3,640 $18,860
2023 $1,602 $27,170 $4,400 $22,770
2022 $1,185 $17,220 $3,200 $14,020
2021 $1,222 $17,720 $3,290 $14,430
2020 $1,038 $15,470 $2,840 $12,630
2019 $1,045 $15,470 $2,840 $12,630
2018 $896 $12,940 $2,290 $10,650
2017 $889 $12,940 $2,290 $10,650
2016 $893 $13,220 $2,310 $10,910
2015 $877 $13,220 $2,310 $10,910
2014 $706 $11,390 $2,310 $9,080
Source: Public Records

Agents Affiliated with this Home

  • Jamie Carver

    Seller's Agent in 2024

    Jamie Carver

    NextHome Virtual

    (970) 275-6731

    36 Total Sales

    Jamie Carver
    Section Image
  • Joni Klein

    Buyer's Agent in 2024

    Joni Klein

    Coldwell Banker Distinctive Properties

    (970) 258-0056

    162 Total Sales

    Joni Klein
    Section Image
See All Agents

Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 814282

Colorado Real Estate Network (CREN)

APN: R0003046

Colorado Montrose County Montrose 81401

1240 S 5th St, 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.

Nearby Homes