NOT LISTED FOR SALE

1408 N Mildred Rd Cortez, CO 81321

0.23 Acre
-- Price per Acre
10,019 Sq Ft Lot

Last Sold January 20, 2022

Last sale price $40,000

83 Days on Market

About This Lot

As of January 2022

CALLING ALL INVESTORS! Zoned residential multi-family, up to 3 units allowed on this lot (per City of Cortez Planning & Zoning). 1 water and 4 sewer taps already paid & installed, valued over $20,000! Awesome location across from hospital. Corporate rental, AirBNB, long term rentals all a possibility, or do one of each!

Last Agent to Sell the Property

JaCee Apple

Keller Williams Colorado West Realty Listed on: 10/13/2021

Keller Williams Colorado West Realty

Last Buyer's Agent

Vernon Hoffman

Regents Real Estate Group Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $322

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot
  • Property is zoned Commercial

Schools

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

Utilities

  • Septic System
  • Sewer Tap Fee
  • Phone Available

Listing and Financial Details

  • Security Deposit $1,000
  • Assessor Parcel Number 561124343002

Property Details

Property Type

Land

Est. Annual Taxes

$322

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: CTS
  • Legal Lot Block: Russell Subdivision Lot 2 Tract A
  • Lot Size Acreage: 0-.25 Acres
  • Parcel Id Number: 561124343002
  • Street Descriptionaccess: City/Town, Paved, 75'-100' Frontage, Public, Public Winter Maintenance
  • Street Designation: Road
  • Zoning: Commercial
  • Domestic Sewer: Sewer Tap Paid, Sewer Tap Installed
  • Domestic Water: Domestic Installed/Paid
  • Type: Multi-Family
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 0.23
  • Em Deposit: 1000
  • Possible Property Use: Commercial
  • Mineral Rights: Unknown
  • Price Acre: 195652.17
  • Topography: Level
  • Price per Sq Ft: 4.49
  • Sewer Paid: Yes
  • Sewerseptic In: Yes
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 173913.04
  • Water Tap Available: Yes
  • Water Tap Installed: Yes
  • Total Taxes Dollar: 321.60
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Utilities

  • Utilities: Electricity Near, Phone Near, Natural Gas Near
  • Water Tap Paid: Yes
  • Electric Supplier: Empire Electric Association, Inc
  • Gas Supplier: Atmos Energy
  • Water Supplier: City Of Cortez

Schools

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

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2021
Closed on
Jan 18, 2022
Sold by
Weber Jace L
Bought by
Lone Cone Investments Llc
Seller's Agent
JaCee Apple
Keller Williams Colorado West Realty
Buyer's Agent
Vernon Hoffman
Regents Real Estate Group Inc.
List Price
$55,000
Sold Price
$40,000
Premium/Discount to List
-$15,000
-27.27%

Purchase Details

Closed on
Sep 21, 2018
Sold by
Johncarp Investments Llc
Bought by
Weber Jace L and Weber Elizabeth Anna Marie Tipton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2003
Sold by
Allen Donald L
Bought by
Cw Properties Llp
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lone Cone Investments Llc -- None Listed On Document
Weber Jace L $130,000 Colorado Title & Closing Ser
Cw Properties Llp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weber Jace L $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2022 01/20/22 Sold $40,000 -11.1% --
01/04/2022 01/04/22 Pending -- -- --
11/15/2021 11/15/21 Price Changed $45,000 -18.2% --
10/13/2021 10/13/21 For Sale $55,000 -- --
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
2021 $313 $5,655 $5,655 $0
2020 $322 $6,104 $6,104 $0
2019 $322 $6,104 $6,104 $0
2018 $389 $6,100 $6,100 $0
2017 $387 $6,100 $6,100 $0
2016 $350 $6,100 $6,100 $0
2015 $322 $33,250 $0 $0
2014 $375 $6,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 787789

Colorado Real Estate Network (CREN)

APN: R014767