125 S Madison St Cortez, CO 81321
Estimated Value: $274,000 - $353,000
3
Beds
2
Baths
1,986
Sq Ft
$158/Sq Ft
Est. Value
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 2022This 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.
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
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
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
-2.50%
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
Similar Homes in Cortez, CO
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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
Average Home Value in this Area
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
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
-
Kyle Roberts
Seller's Agent in 2022
Kyle Roberts
The Wells Group of Durango, LLC
(970) 764-7700
106 Total Sales
Map
Source: Colorado Real Estate Network (CREN)
MLS Number: 794398
APN: R010007
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