NOT LISTED FOR SALE

12435 Road 23 25 Loop Cortez, CO 81321

Estimated Value: $487,517 - $597,000

3 Beds
2 Baths
1,900 Sq Ft
$289/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $425,000 $224 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,984/month

29 Days on Market

Highlights

  • Horses Allowed On Property
  • Covered Patio or Porch
  • Walk-In Closet
  • Granite Countertops
  • 4 Car Garage
  • Shed

About This Home

As of August 2021

Beautiful home on 3 acres! Enjoy panoramic views of the valley while you relax in this custom home on 3.04 acres. Featuring 1900 sq ft of open living space, this 3 bedroom, 2 bath home has large windows, vaulted ceilings and a split floor plan. The primary bedroom has an attached bathroom with a large walk-in closet. The home features 820 sq ft. of outdoor living space, plus over 1100 sq ft. of garage space combined between an attached 2 car garage and a detached 2 car garage. With nearly 1 acre fence around the large back patio you can enjoy all that beautiful Montezuma County has to offer. An in-ground sprinkler system in the backyard and 1.5 shares of MVI irrigation water allows you to water your property as you desire. Secluded in the back corner of the Tularosa subdivision, you'll enjoy privacy and views galore! Call to schedule your viewing today.

Last Agent to Sell the Property

Eric Cheever

Montezuma Real Estate Limited Liability Co. Listed on: 06/17/2021

Last Buyer's Agent

Tel Hamilton

Blackmore Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $786

Year Built

  • Built in 2018

Lot Details

  • 3.04 Acre Lot
  • Back Yard Fenced
  • Landscaped
  • Sprinkler System

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Stick Built Home

Interior Spaces

  • 1,900 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Parking

  • 4 Car Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Irrigation Water Rights
  • Septic Tank
  • Internet Available

Additional Features

  • 2 Irrigated Acres
  • Horses Allowed On Property

Community Details

  • Tularosa HOA

Listing and Financial Details

  • Assessor Parcel Number 561109305015

Home Details

Home Type

Single Family

Est. Annual Taxes

$786

Year Built

Built in 2018

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Disposal, Microwave
  • Estimated Irrigation Acres: 2
  • Estimated Total Acres: 3.04
  • Class: RESIDENTIAL
  • Em Deposit: 5000
  • Em Holder: Colorado Title Services
  • Exterior Inclusions: Shed/Storage, Landscaping, Irrigation Water, Patio, Lawn Sprinklers, Covered Porch
  • Interior Inclusions: Window Coverings, Ceiling Fan(s), Granite Counters, Walk In Closet, Garage Door Opener
  • Legal Lot Block: Subdivision: TULAROSA PROPERTIES NORTH Lot: 15 3.04AC (NO MIN INT (MC1467) B592 P204
  • List Price per Sq Ft: 223.68
  • Livestock Allowed: Horses
  • Lot Size Acreage: 2-4.99
  • Parcel Id Number: 561109305015
  • Price Per Sq Ft: 223.68
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 223.68
  • Street Designation: Loop
  • Zoning: Residential Single Family
  • Type: Stick Built
  • HOA Fees: Yes
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: 786.12
  • Year Built: 2018
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Bedrooms: 3
  • Estimated Total Sq Ft: 1900
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 2
  • Total Office Den: 0

Exterior Features

  • Fence: Fenced - Back
  • Exterior Structures: Garage, Metal Building, Shed

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 4

Utilities

  • Cooling: Central A/C
  • Electric Supplier: Empire Electric Association, Inc
  • Gas Supplier: Propane
  • Heating System: Forced Air
  • Irrigation Water Description Amount: 1.5 Shares Water Users Assoc
  • Irrigation Water District: MVI
  • Sewer Supplier: Septic
  • Water Rights Irrigation: Yes
  • Water Supplier: Montezuma Rural Water Company

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 100
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: Tularosa HOA

Schools

  • 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
Jun 17, 2021
Closed on
Aug 13, 2021
Sold by
Cheever Eric A and Cheever Megan M
Bought by
Knoll Danielle and Knoll Randal
Seller's Agent
Eric Cheever
Montezuma Real Estate Limited Liability Co.
Buyer's Agent
Tel Hamilton
Blackmore Group
List Price
$480,000
Sold Price
$425,000
Premium/Discount to List
-$55,000
-11.46%
Current Estimated Value
$548,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,629
Avg. Annual Appreciation
6.13%
Original Mortgage
$275,000
Outstanding Balance
$250,060
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$298,569

Purchase Details

Closed on
Jun 1, 2018
Sold by
Baxstroms Llc
Bought by
Cheever Eric A and Cheever Megan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Knoll Danielle $425,000 Colorado Ttl & Closing Svcs
Cheever Eric A $315,000 Colorado Title & Closing Ser
Baxstroms Llc -- Colorado Title & Closing Ser
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knoll Danielle $275,000
Previous Owner Cheever Eric A $299,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2021 08/13/21 Sold $425,000 0.0% $224 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
07/15/2021 07/15/21 Price Changed $425,000 -5.6% $224 / Sq Ft
06/28/2021 06/28/21 Price Changed $450,000 -6.3% $237 / Sq Ft
06/17/2021 06/17/21 For Sale $480,000 -- $253 / 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 $1,193 $25,999 $4,783 $21,216
2023 $1,193 $30,376 $5,588 $24,788
2022 $929 $79,285 $20,358 $58,927
2021 $945 $79,285 $20,358 $58,927
2020 $786 $68,873 $20,358 $48,515
2019 $786 $68,873 $20,358 $48,515
2018 $43 $890 $890 $0
2017 $41 $890 $890 $0
2016 $33 $730 $730 $0
2015 $33 $3,160 $0 $0
2014 $26 $580 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Cheever

    Seller's Agent in 2021

    Eric Cheever

    Montezuma Real Estate Limited Liability Co.

    (970) 366-9495

    56 Total Sales

    Eric Cheever
    Section Image
  • Tel Hamilton

    Buyer's Agent in 2021

    Tel Hamilton

    Blackmore Group

    (970) 444-2431

    75 Total Sales

    Tel Hamilton
    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 783398

Colorado Real Estate Network (CREN)

APN: R017771

Colorado Montezuma County Cortez 81321

12435 Road 23 25 Loop, Cortez, CO

Not Listed for Sale

Detached

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