NOT LISTED FOR SALE

125 S Madison St Cortez, CO 81321

Estimated Value: $255,000 - $343,284

3 Beds
2 Baths
1,986 Sq Ft
$155/Sq Ft Est. Value

Last Sold August 09, 2022

Last sale price $342,500 $172 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,733/month

21 Days on Market

Highlights

  • 2-Story Property
  • Main Floor Primary Bedroom
  • Shed
  • Radiant Floor
  • Fireplace in Basement
  • Combination Kitchen and Dining Room

About This Home

As of August 2022

This unique historic home delivers the best accessibility to downtown Cortez. Neighborhood ranch style, 3 bed 2 bath just under 2000 sq.ft. Perfect for intown living or could be easily modified into an upstairs home and separate apartment downstairs. This could also serve as a perfect vacation rental. New electrical with added circuit panel and new plumbing throughout. This lovely home offers a open floor plan spacious living room with the original hardwood floors, vaulted ceiling with skylight panels to let in the nice warm sunshine. The kitchen offers laminate flooring with in-floor heat, granite counter tops, large composite sinks and plenty of room for entertaining. Down the hall you will find the original linen pantry, Bright, well-lit Laundry room with Utility sink, cabinets and shelving to match kitchen cabinetry and is ready for gas or electric dryer. The bathroom offers granite countertop with custom vanity, separate space for claw foot tub, shower with skylight above and a pocket door, porcelain tile with in-floor heat. The master has a nice sized walk-in closet and still holds the original hardwood floors. There is a large bonus room or bedroom with with built in shelving and window seat to sit and enjoy the abundant sunshine through the large window with shutters. Bring the family to enjoy the loft and set it up as the family play room or could also be used as storage. The basement has two separate entrances, 2 large rooms with closets, 2 pc bathroom, vent less gas fireplace and living area space that you could make into separate apartment. This home has custom lighting, ceiling fans throughout, original double hung windows with rope and pulley system and a swamp cooler. Outside you will find fenced front and back yards, artificial turf, RV storage with covered parking area inside double gates and two storage sheds. This is the perfect place for entertaining with a covered front porch, raised garden bed, granite rock landscaping with pavers for patio and concrete pad for outdoor kitchen and a firepit with plenty of seating. Well maintained flowers and bushes all around for a homey feel and outdoor 220 outlet for hot tub. Don't let this little slice of heaven pass by, call today for a showing. This house is truly one of a kind. You need to see it to appreciate all of its great character.

Last Agent to Sell the Property

Kyle Roberts

The Wells Group of Durango, LLC Listed on: 06/06/2022

Last Buyer's Agent

Kyle Roberts

The Wells Group of Durango, LLC Listed on: 06/06/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $656

Year Built

  • Built in 1935

Lot Details

  • 7,100

Parking

  • 2 Carport Spaces

Home Design

  • 2-Story Property
  • Composition Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 1,986 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Partially Finished Basement
  • Fireplace in Basement
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Radiant Floor
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Schools

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

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Water Heater
  • Internet Available

Additional Features

  • Shed
  • 7,100 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 561126406004

Home Details

Home Type

Single Family

Est. Annual Taxes

$656

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher
  • Estimated Total Acres: 0.163
  • Class: RESIDENTIAL
  • Em Deposit: 5000
  • Em Holder: Title Company
  • Interior Inclusions: W/D Hookup
  • Legal Lot Block: Subdivision: FR COFFINS ADD Lot: 7-8 Block: 14 B 294 P 383 B 626 P 908
  • List Price per Sq Ft: 172.46
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 561126406004
  • Price Per Sq Ft: 172.46
  • Real Estate Included: Yes
  • Realist Id: 5611-264-06-004
  • Residence Stories: Two Story, Loft
  • Residence Style: Ranch Basement
  • Sale/Rent: For Sale
  • Siding: Stucco
  • Sold Price Sq Ft: 172.46
  • Street Descriptionaccess: City/Town, Paved
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Provider: TDS
  • Internet Service: Yes
  • Total Taxes Dollar: 655.96
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 192260

Interior Features

  • Dining Room: Kitchen/Dining
  • Bedrooms: 3
  • Flooring: Hardwood, Laminate
  • Estimated Total Sq Ft: 1986
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 2
  • Fireplace Location Type: Basement
  • Foundation: Basement-partial finish
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Construction Type: Wood Frame
  • Exterior Structures: Shed
  • Roof: Composition

Garage/Parking

  • Carport: Yes
  • Carport Spaces: 2

Utilities

  • Utilities: Electric, Natural Gas, Internet
  • Cooling: Evaporative Cooler
  • Electric Supplier: Empire Electric Association, Inc
  • Gas Supplier: Atmos Energy
  • Heating System: Floor Radiant
  • Sewer Supplier: City of Cortez
  • Water Heater: Electric Water Heater
  • Water Supplier: City of Cortez

Schools

  • Elementary School: Manaugh 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: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2022
Sold by
Anderson Richard A and Anderson Wendy L
Bought by
7Th Street Llc
Current Estimated Value
$307,071

Purchase Details

Listed on
Jun 6, 2022
Closed on
Aug 4, 2022
Sold by
Edwards Keith M
Bought by
Swift Jonathan D
Seller's Agent
Kyle Roberts
The Wells Group of Durango, LLC
Buyer's Agent
Kyle Roberts
The Wells Group of Durango, LLC
List Price
$342,500
Sold Price
$342,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.35%
Original Mortgage
$325,375
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2009
Sold by
Osborn C Kelly
Bought by
Mahaffey Jody D and Edwards Keith M

Purchase Details

Closed on
Aug 26, 1993
Sold by
Johns Dorothy D
Bought by
Osborn C. Kelly
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
7Th Street Llc -- First American Title
Swift Jonathan D -- None Listed On Document
Mahaffey Jody D $62,000 Colorado Land Title Co
Osborn C. Kelly $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Swift Jonathan D $325,375
Previous Owner Osborn Christopher $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2022 08/09/22 Sold $342,500 0.0% $172 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
06/06/2022 06/06/22 For Sale $342,500 -- $172 / 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 $725 $14,101 $1,889 $12,212
2023 $725 $18,479 $2,475 $16,004
2022 $664 $13,717 $1,130 $12,587
2021 $675 $13,717 $1,130 $12,587
2020 $550 $11,619 $1,243 $10,376
2019 $552 $11,619 $1,243 $10,376
2018 $701 $11,000 $1,120 $9,880
2017 $698 $11,000 $1,120 $9,880
2016 $629 $10,950 $1,240 $9,710
2015 $577 $159,530 $0 $0
2014 $672 $10,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 794398

Colorado Real Estate Network (CREN)

APN: R010007