NOT LISTED FOR SALE

1301 N 2nd St Montrose, CO 81401

Estimated Value: $372,000 - $427,000

2 Beds
1 Bath
1,346 Sq Ft
$301/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $379,900 $282 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,672/month

142 Days on Market

Highlights

  • RV or Boat Parking
  • Ranch Style House
  • 1 Home Office
  • Wood Burning Stove
  • Great Room
  • Shed

About This Home

As of March 2023

Tucked away on 6 city lots, this immaculate home has been extensively remodeled with tasteful modern updates and is move-in ready. Recent improvements include new windows, doors, flooring, fixtures, trim, vents, and so much more! Zoned ‘Office Residential’ and located in the Redevelopment Overlay District district this unique parcel presents an excellent opportunity for the homeowner to maximize the use of their land by adding an ADU. ADU's can provide rental income or affordable independent living arrangements for relatives. Additionally, this parcel is also an Opportunity Zone prospectus. Other interior features include stainless steel appliances, updated cabinetry, and finished flex space that can be converted into a 3rd bedroom, used for an office, craft room, studio, home gym, and so much more! Partially fenced, the lush green grass and landscaping include mature trees, beautiful walk pathway, and an abundance of parking. A partially finished detached shop has been strategically designed to incorporate ‘one-trip’ (new) shipping containers for air/water tight storage. A separate container has been converted into a beautiful full-functioning office space with heat, electricity, insulation and windows. Other home features include metal roof, spacious deck, and two water hydrants. There are SO MANY opportunities for this property that includes extra income producing options---- to truly appreciate the value of this rare find, call and schedule your showing today!

Last Agent to Sell the Property

Debra Harmon

20 Sleeps West Real Estate Listed on: 10/08/2022

Last Buyer's Agent

Debra Harmon

20 Sleeps West Real Estate Listed on: 10/08/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $932

Year Built

  • Built in 1926 | Remodeled in 2020

Lot Details

  • 0.48 Acre Lot
  • Partially Fenced Property
  • Privacy Fence
  • Landscaped

Home Design

  • Ranch Style House
  • Metal Roof
  • Stick Built Home

Interior Spaces

  • 1,346 Sq Ft Home
  • Wood Burning Stove
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • 1 Home Office
  • Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • RV or Boat Parking

Outdoor Features

  • Shed

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Wood
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Well
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 376727241013

Home Details

Home Type

Single Family

Est. Annual Taxes

$932

Year Built

Built in 1926 | Remodeled in 2020

Lot Details

0

Listing Details

  • Appliance Inclusions: Refrigerator, Washer, Dishwasher, Disposal, Dryer, Microwave, Range/Oven
  • Estimated Total Acres: 0.48
  • Class: RESIDENTIAL
  • Em Deposit: 4,000
  • Em Holder: Land Title Guarantee Comp
  • Exterior Inclusions: Shed/Storage, Landscaping
  • Legal Lot Block: Lots 10, 11, 12, 13, 14 and 15 of Block 3, Cedar Addition, County of Mesa, State of Colorado
  • List Price per Sq Ft: 282.24
  • Lot Size Acreage: .25-.5
  • Parcel Id Number: 376727241013
  • Price Per Sq Ft: 282.24
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Residence Style: Ranch
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 282.24
  • Street Descriptionaccess: City/Town, Paved
  • Street Designation: Street
  • Tax Account Id: R0003813
  • Type: Stick Built
  • Internet Provider: Charter
  • Internet Service: Yes
  • Total Taxes Dollar: 932.11
  • Year Built: 1926
  • Year Renovated: 2020
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Dining Room: Living Room Dining
  • Bedrooms: 2
  • Flooring: Tile, Carpet-Partial, Laminate
  • Estimated Total Sq Ft: 1346
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Family Room: Yes
  • Fireplace Location Type: Woodstove
  • Foundation: Basement-dug out
  • Great Room: Yes
  • Master Bedroom Level: Main Level
  • Total Office Den: 1

Exterior Features

  • Fence: Privacy, Partial Property
  • Construction Type: Wood Frame
  • Exterior Structures: Storage Container, RV/Boat Shelter
  • Roof: Metal

Garage/Parking

  • Carport: Yes
  • Carport Spaces: 2

Utilities

  • Utilities: Electric, Propane-Tank Leased, Internet
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Propane
  • Heating System: Wood Stove, Forced Air
  • Sewer Supplier: City of Montrose
  • Water Supplier: City of Montrose
  • Water Well: Yes
  • Well Permit Number: 28151

Schools

  • High School: Montrose 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

MLS Schools

  • Elementary School: Northside K-5
  • Middle School: Centennial 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2022
Closed on
Mar 15, 2023
Sold by
Dodds Logan A
Bought by
Keller Thomas B and Keller Stephanie A
Seller's Agent
Debra Harmon
20 Sleeps West Real Estate
Buyer's Agent
Debra Harmon
20 Sleeps West Real Estate
List Price
$379,900
Sold Price
$379,900
Views
255
Current Estimated Value
$404,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,624
Avg. Annual Appreciation
2.43%
Original Mortgage
$304,900
Outstanding Balance
$164,004
Interest Rate
6.09%
Mortgage Type
Seller Take Back
Estimated Equity
$240,520

Purchase Details

Closed on
Jun 30, 2017
Sold by
Myerss Paul Scott
Bought by
Dodds Logan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2013
Sold by
Pekus Peggy Marie
Bought by
Myers Paul Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,600
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2005
Sold by
Pekus Peggy Maire and Whisnant Bennett Paul
Bought by
Pekus Peggy Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,100
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 1995
Sold by
Whisnant Olive Enid
Bought by
Pekus Peggy Marie and Whisnant Bennett Paul

Purchase Details

Closed on
Apr 28, 1948
Sold by
Hunt Laurence V and Hunt Esther C
Bought by
Whisnant Justin Paul and Whisnant Olive Enid
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
Keller Thomas B $379,900 Land Title Guarantee
Dodds Logan A $125,000 Land Title Guarantee Co
Myers Paul Scott $67,000 None Available
Pekus Peggy Marie -- Security Title
Pekus Peggy Marie -- --
Whisnant Justin Paul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keller Thomas B $304,900
Previous Owner Dodds Logan A $118,750
Previous Owner Myers Paul Scott $53,600
Previous Owner Pekus Peggy Marie $50,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2023 03/15/23 Sold $379,900 0.0% $282 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
12/02/2022 12/02/22 For Sale $379,900 0.0% $282 / Sq Ft
12/02/2022 12/02/22 Price Changed $379,900 -5.0% $282 / Sq Ft
11/04/2022 11/04/22 Pending -- -- --
10/20/2022 10/20/22 Price Changed $399,999 -5.9% $297 / Sq Ft
10/08/2022 10/08/22 For Sale $425,000 -- $316 / 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 $6,645 $92,190 $19,180 $73,010
2023 $6,645 $23,190 $4,780 $18,410
2022 $931 $13,340 $3,480 $9,860
2021 $959 $13,730 $3,580 $10,150
2020 $780 $11,480 $3,090 $8,390
2019 $786 $11,480 $3,090 $8,390
2018 $613 $8,730 $2,490 $6,240
2017 $608 $8,730 $2,490 $6,240
2016 $573 $8,360 $2,510 $5,850
2015 $563 $8,360 $2,510 $5,850
2014 $506 $8,030 $2,510 $5,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 798817

Colorado Real Estate Network (CREN)

APN: R0003813