NOT LISTED FOR SALE

1408 Colonial Dr Montrose, CO 81401

Estimated Value: $417,812 - $447,000

4 Beds
2 Baths
1,825 Sq Ft
$234/Sq Ft Est. Value

Last Sold August 25, 2020

Last sale price $285,000 $156 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,395/month

Highlights

  • Contemporary Architecture
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Wood Flooring
  • Shed
  • Combination Kitchen and Dining Room

About This Home

As of August 2020

This 4 bedroom, 2 bathroom beauty is a must see! Located in the heart of Montrose, you will be minutes away from shopping, the farmers market, delicious food, and medical care. The HOA provides care for the neighborhood park, so you can take the family or pet for a fun time whenever you want. New hot water heater and paint in 2019. This home is low maintenance and move in ready. Come take a look!

Last Agent to Sell the Property

Kimberly Kettle

NextHome Virtual Listed on: 07/10/2020

NextHome Virtual

Last Buyer's Agent

HB Mason

Mason Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,185

Year Built

  • Built in 2003

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 120 x 64
  • Privacy Fence
  • Back Yard Fenced

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2-Story Property
  • Combination Kitchen and Dining Room
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Shed

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available

Community Details

  • Colonial Estates HOA
  • Colonial Estate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 376727130016

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,185

Year Built

Built in 2003

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Estimated Total Acres: 0.17
  • Class: RESIDENTIAL
  • Elevation: 5830
  • Em Deposit: 3,000
  • Em Holder: Land Title Guarantee Co.
  • Fronts: NW
  • Legal Lot Block: LOT 28, COLONIAL ESTATES SUBDIVISION FILING NO. 3, COUNTY OF MONTROSE, STATE OF COLORADO.
  • Lot Dimension: 120 X 64
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 376727130016
  • Price Per Sq Ft: 156.16
  • Real Estate Included: Yes
  • Realist Id: 3767-271-30-016
  • Residence Stories: Two Story
  • Residence Style: Contemporary
  • Sale/Rent: For Sale
  • Siding: Vinyl
  • Sold Price Sq Ft: 156.16
  • Street Descriptionaccess: City/Town, Paved
  • Street Designation: Drive
  • Zoning: Residential Single Family
  • Type: Stick Built
  • HOA Fees: Yes
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: 1,185.16
  • Year Built: 2003
  • Foreign Owned Y N: No
  • Prop Description Remarks: This 4 bedroom, 2 bathroom beauty is a must see! Located in the heart of Montrose, you will be minutes away from shopping, the farmers market, delicious food, and medical care. The HOA provides care for the neighborhood park, so you can take the family or pet for a fun time whenever you want. New hot water heater and paint in 2019. This home is low maintenance and move in ready. Come take a look!
  • Subdv Name: Colonial Estate
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Kitchen/Dining
  • Bedrooms: 4
  • Flooring: Tile, Carpet-Partial, Hardwood
  • Estimated Total Sq Ft: 1825
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Foundation: Crawl Space
  • Main Level Sq Ft: 1099
  • Total Office Den: 0
  • Upper Level Sq Ft: 726

Exterior Features

  • Fence: Privacy, Fenced - Back
  • Construction Type: Wood Frame
  • Exterior Structures: Shed
  • Roof: Architectural Shingles

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Heating System: Forced Air
  • Sewer Supplier: City of Montrose
  • Water Heater: Gas Water Heater
  • Water Supplier: City of Montrose

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 120.00
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: Colonial Estates

Schools

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

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2017
Sold by
Bilowith Kathleen L
Bought by
Gonzales Shannon Kay and Gonzales Brandon M
Current Estimated Value
$427,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Outstanding Balance
$131,524
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$295,929

Purchase Details

Closed on
Oct 1, 2007
Sold by
Keltz Barndon E and Keltz Michelle E
Bought by
Bilowith Kathlenn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2007
Sold by
Alexander Charlotte R
Bought by
Keltz Brandon E and Keltz Michelle E

Purchase Details

Closed on
Aug 21, 2003
Sold by
Coffey Development Llc
Bought by
Cameron Charlotte R

Purchase Details

Closed on
Apr 1, 2003
Sold by
High Country Corporation
Bought by
Coffey Development Llc
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
Gonzales Shannon Kay $225,000 Land Title Guarantee Co
Bilowith Kathlenn L $195,000 United Title Compnay
Keltz Brandon E -- None Available
Cameron Charlotte R $147,400 --
Coffey Development Llc $30,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzales Shannon Kay $157,500
Previous Owner Bilowith Kathlenn L $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2020 08/25/20 Sold $285,000 +1.1% $156 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $282,000 -- $155 / 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 $1,710 $23,720 $3,480 $20,240
2023 $1,710 $28,420 $4,170 $24,250
2022 $1,362 $19,510 $3,130 $16,380
2021 $1,402 $20,070 $3,220 $16,850
2020 $1,178 $17,320 $2,720 $14,600
2019 $1,185 $17,320 $2,720 $14,600
2018 $1,082 $15,410 $2,200 $13,210
2017 $1,073 $15,410 $2,200 $13,210
2016 $1,046 $15,270 $2,200 $13,070
2015 $1,028 $15,270 $2,200 $13,070
2014 $795 $12,620 $2,200 $10,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 771977

Colorado Real Estate Network (CREN)

APN: R0016980