NOT LISTED FOR SALE

12562 Road 23 25 Loop Cortez, CO 81321

Estimated Value: $555,000 - $675,000

3 Beds
2 Baths
1,922 Sq Ft
$318/Sq Ft Est. Value

Last Sold March 14, 2024

Last sale price $580,000 $302 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,337/month

20 Days on Market

Highlights

  • Horses Allowed On Property
  • Ranch Style House
  • Covered Patio or Porch
  • Mountain View
  • Granite Countertops
  • 4 Car Detached Garage

About This Home

As of March 2024

The property that has it ALL! This meticulously maintained 3 Bedroom, 2 Bath home is situatued on 3.13 acres and includes many extras. The home boasts an open layout with a cathedral celing in the living/kitchen area making it a focal point for the home. The split floor plan and an abundance of storage make the layout of this home even more desirable. Granite countertops adorn the home, as well as tasteful neutral colors throughout the home that bring it all together. The primary bedroom includes a large walk in closet, as well as double sinks in the primary bathroom. The inside of the home has already been plumbed to accomodate a propane fireplace if the new owner wishes. Special care has been put into creating an outdoor area just as impressive as the inside of the home. The covered back patio offers an propane hookup for an outdoor kitchen/grill area. In addition to the 2 car attached garage, you will enjoy the endless possibilites of the 25' x 25' shop which can be used as an additional 2 car garage. A large portion of the property has been pipe fenced with top rail, as well as cross fenced. The property also includes a horse shelter, as well as IRRIGATION! Whether you prefer to enjoy the front or back covered patios.....the views of both are sure to amaze you. This home is a MUST SEE and is conveniently located less than 10 minutes from town! Call today for your showing!

Last Agent to Sell the Property

Jessica Likes

Century 21 West Slope Realty Listed on: 02/01/2024

Century 21 West Slope Realty

Last Buyer's Agent

Peter Singleton

4 Corners Properties Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,088

Year Built

  • Built in 2020

Lot Details

  • 3.13 Acre Lot
  • Cross Fenced
  • Partially Fenced Property
  • Pipe Fencing
  • Landscaped
  • Sprinkler System

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Permanent Foundation
  • Composition Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 1,922 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Dining Room
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 4 Car Detached 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

Farming

  • 2 Irrigated Acres

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral

Utilities

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

Community Details

  • Association fees include irrigation, snow removal, road maintenance
  • Tularosa HOA

Listing and Financial Details

  • Assessor Parcel Number 561109305006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,088

Year Built

Built in 2020

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Appliance Inclusions: Refrigerator, Dishwasher, Microwave, Range/Oven
  • Estimated Irrigation Acres: 2
  • Estimated Total Acres: 3.13
  • Class: RESIDENTIAL
  • Em Deposit: 6000.00
  • Em Holder: Title Company
  • Exterior Inclusions: Shed/Storage, Covered Porch, Irrigation Water, Landscaping, Lawn Sprinklers, Patio
  • Fronts: Road 23.25
  • Horse Setup: Yes
  • Interior Inclusions: Window Coverings, Ceiling Fan(s), W/D Hookup, Granite Counters, Pantry, Walk In Closet, Garage Door Opener
  • Legal Lot Block: Subdivision: TULAROSA PROPERTIES NORTH Lot: 6 3.13AC (NO MIN INT(MC1467 & MC1468) B592 P204
  • Livestock Allowed: Horses
  • Lot Size Acreage: 2-4.99
  • Parcel Id Number: 561109305006
  • Price Per Sq Ft: 301.77
  • Property Attached: Yes
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Residence Style: Ranch
  • Sale/Rent: For Sale
  • Siding: Stucco
  • Sold Price Sq Ft: 301.77
  • Street Descriptionaccess: County, Gravel
  • Tax Account Id: R017762
  • Zoning: Residential Single Family
  • Type: Stick Built
  • HOA Fees: Yes
  • Internet Service: Yes
  • Total Taxes Dollar: 1088.12
  • Year Built: 2020
  • Foreign Owned Y N: No
  • Prop Description Remarks: The property that has it ALL! This meticulously maintained 3 Bedroom, 2 Bath home is situatued on 3.13 acres and includes many extras. The home boasts an open layout with a cathedral celing in the living/kitchen area making it a focal point for the home. The split floor plan and an abundance of storage make the layout of this home even more desirable. Granite countertops adorn the home, as well as tasteful neutral colors throughout the home that bring it all together. The primary bedroom includes a large walk in closet, as well as double sinks in the primary bathroom. The inside of the home has already been plumbed to accomodate a propane fireplace if the new owner wishes. Special care has been put into creating an outdoor area just as impressive as the inside of the home. The covered back patio offers an propane hookup for an outdoor kitchen/grill area. In addition to the 2 car attached garage, you will enjoy the endless possibilites of the 25' x 25' shop which can be used as an additional 2 car garage. A large portion of the property has been pipe fenced with top rail, as well as cross fenced. The property also includes a horse shelter, as well as IRRIGATION! Whether you prefer to enjoy the front or back covered patios.....the views of both are sure to amaze you. This home is a MUST SEE and is conveniently located less than 10 minutes from town! Call today for your showing!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Dining Room: Yes
  • Bedrooms: 3
  • Flooring: Vinyl, Carpet-Partial
  • Estimated Total Sq Ft: 1922
  • Bathrooms Description: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Foundation: Permanent
  • Main Level Sq Ft: 1922
  • Master Bedrm Dimensions: 13'5" x 16'3"
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Fence: Pipe, Cross Fence, Partial Property
  • Exterior Structures: Corral, Garage
  • Roof: Composition
  • Views: Mountains

Garage/Parking

  • Garage: Yes
  • Garage Capacity: 4

Utilities

  • Utilities: Electric, Propane-Tank Owned, Internet, Phone - Cell Reception
  • Cooling: Central A/C
  • Electric Supplier: Empire Electric Association, Inc
  • Gas Supplier: Propane
  • Heating System: Forced Air
  • Irrigation Water Description Amount: Water User Association
  • Irrigation Water District: Tularosa Water User Assoc
  • Laundry Util Dimensions: 8'10" x 13'
  • Sewer Supplier: Septic
  • Water Rights Irrigation: Yes
  • Water Supplier: Montezuma Water Company

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Irrigation, Snow Removal, Road Maintenance
  • Hoametro Fees: 300.00
  • 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: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Mar 14, 2024
Sold by
Schafer Alan B and Fami Pamela
Bought by
Bugg Robert A and Bugg Diane R
Seller's Agent
Jessica Likes
Century 21 West Slope Realty
Buyer's Agent
Peter Singleton
4 Corners Properties Inc.
List Price
$609,000
Sold Price
$580,000
Premium/Discount to List
-$29,000
-4.76%
Views
102
Current Estimated Value
$611,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,456
Avg. Annual Appreciation
3.12%

Purchase Details

Closed on
Nov 4, 2022
Sold by
Schafer Alan B
Bought by
Alan B Schafer And Pamela J Schafer Family Tr

Purchase Details

Listed on
Dec 9, 2020
Closed on
Jan 4, 2021
Sold by
Baxstroms Llc
Bought by
Schafer Alan B and Schafer Pamela J
Seller's Agent
Carol Click
RE/MAX Mesa Verde Realty
Buyer's Agent
Carol Click
RE/MAX Mesa Verde Realty
List Price
$365,000
Sold Price
$365,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.08%
Original Mortgage
$171,000
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Bugg Robert A $580,000 None Listed On Document
Alan B Schafer And Pamela J Schafer Family Tr -- --
Schafer Alan B $365,000 Colorado Escrow & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schafer Alan B $171,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2024 03/14/24 Sold $580,000 -4.8% $302 / Sq Ft
02/21/2024 02/21/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $609,000 +66.8% $317 / Sq Ft
01/04/2021 01/04/21 Sold $365,000 0.0% $197 / Sq Ft View Prior Sale
12/09/2020 12/09/20 Pending -- -- --
12/09/2020 12/09/20 For Sale $365,000 -- $197 / 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 $1,257 $27,390 $4,818 $22,572
2023 $1,257 $31,768 $5,588 $26,180
2022 $1,088 $92,884 $20,358 $72,526
2021 $1,107 $92,884 $20,358 $72,526
2020 $25 $552 $552 $0
2019 $25 $552 $552 $0
2018 $44 $920 $920 $0
2017 $42 $920 $920 $0
2016 $34 $750 $750 $0
2015 $34 $3,260 $0 $0
2014 $26 $600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 810563

Colorado Real Estate Network (CREN)

APN: R017762