1418 Balsam St Cortez, CO 81321
Estimated payment $312/month
Total Views
14,256
1
Acre
$50,000
Price per Acre
43,560
Sq Ft Lot
About This Lot
Large 1.0 acre Residential Lot! Currently zoned R1 but could possibly changed to R2 as there is a series of duplex apartments to the south. Zoning change would need City of Cortez approval. Currently 2 Cortez Sanitation sewer lines run through the parcel, buyer would need to confirm potential building plans with the City of Cortez and the Cortez Sanitation District. The Sanitation District could confirm the sewer line locations. The seller believes the lot is split into approximately 3 even pieces. With a zoning change, could possibly build 3 duplexes. May be possible to subdivide into 3 lots. Any potential plans would need approval by the City of Cortez and the Sanitation District.
Property Details
Property Type
- Land
Est. Annual Taxes
- $557
Lot Details
- 1 Acre Lot
- Level Lot
Schools
- Kemper K-5 Elementary School
- Cortez 6-8 Middle School
- Montezuma-Cortez 9-12 High School
Additional Features
- Mountain Views
- Phone Available
Community Details
- Montezuma Heights Subdivision
Listing and Financial Details
- Security Deposit $500
- Assessor Parcel Number 561124117004
Map
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Home Values in the Area
Average Home Value in this Area
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 | $557 | $9,483 | $9,483 | $0 |
| 2023 | $557 | $9,483 | $9,483 | $0 |
| 2022 | $525 | $9,483 | $9,483 | $0 |
| 2021 | $519 | $9,483 | $9,483 | $0 |
| 2020 | $900 | $17,069 | $17,069 | $0 |
| 2019 | $902 | $17,069 | $17,069 | $0 |
| 2018 | $1,088 | $17,070 | $17,070 | $0 |
| 2017 | $1,083 | $17,070 | $17,070 | $0 |
| 2016 | $981 | $17,070 | $17,070 | $0 |
| 2015 | $900 | $93,000 | $0 | $0 |
| 2014 | $1,048 | $17,070 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2025 08/19/25 | Pending | -- | -- | -- |
| 05/12/2025 05/12/25 | For Sale | $50,000 | -- | -- |
Source: Colorado Real Estate Network (CREN)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $150,000 | -- |
Source: Public Records
About the Listing Agent
I'm an expert real estate agent with Summit Vista Realty, LLC in Cortez, CO and the nearby area, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.
David's Other Listings
Source: Colorado Real Estate Network (CREN)
MLS Number: 823996
APN: R007867
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