NOT LISTED FOR SALE

1521 Ogden Rd and Tbd S Townsend Ave Montrose, CO 81401

Estimated Value: $576,807

1.14 Acres
$505,971 Price per Acre
49,658 Sq Ft Lot

Last Sold August 02, 2021

Last sale price $299,888

Est. 92% increase in value since last sale

Current estimated payment $3,790/month

About This Lot

As of August 2021

RARE COMMERCIAL LOT ON S TOWNSEND! Foundation Ready for You to Build! 1.136-acre (MOL) lot adjacent to the busy and booming S Townsend Corridor. Excellent visibility with 26,000+ daily vehicles and more than 350 feet of S Townsend/Hwy 550 frontage. B-2 zoning allows for retail, restaurant, services and other commercial ventures in the City of Montrose. Property has a 6,306 sq.ft. foundation for a commercial condominium structure. Utilities are in to pad. Major fire destroyed previous building, but it is ready for you to rebuild. Paved off-street parking. Located in regional destination for shopping and dining and next to city bike path between new Rec Center and Colorado Outdoors. Possible owner carry to qualified buyer.

Last Agent to Sell the Property

John Renfrow

Renfrow Realty Listed on: 02/05/2021

Last Buyer's Agent

John Renfrow

Renfrow Realty Listed on: 02/05/2021

Property Details

Property Type

  • Land

Lot Details

  • 1.14 Acre Lot
  • Level Lot
  • Property is zoned Business, Commercial

HOA Fees

  • $52 Monthly HOA Fees

Schools

  • Cottonwood K-5 Elementary School
  • Columbine 6-8 Middle School
  • Montrose 9-12 High School

Utilities

  • Septic System
  • Sewer Tap Fee
  • Phone Available

Community Details

  • Association fees include landscaping, road maintenance
  • South Gate Owner's Association

Listing and Financial Details

  • Assessor Parcel Number 399304233003

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$52 per month

Listing Details

  • Class: Land
  • Em Holder: Title Company
  • Fronts: Townsend
  • Legal Lot Block: Subd: SOUTH GATE SUBD FILING NO 2 Lot: 4 S: 4 T: 48 R: 9
  • Lot Dimension: 1.14
  • Lot Size Acreage: 1-5 Acres
  • Parcel Id Number: 399304233003
  • Street Descriptionaccess: State Highway, City/Town, Paved, Concrete, Shared Drive, 150'+ Frontage, Private Winter Maintenanc
  • Tax Account Id: R0017162
  • Zoning: Business, Commercial
  • HOA Fee Frequency: Annually
  • Domestic Sewer: Sewer Tap Paid, Septic Installed
  • Domestic Water: Domestic Installed/Paid
  • Type: Commercial
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 1.14
  • Current Property Use: Commercial
  • Em Deposit: 2.0% of purchase price
  • Possible Property Use: Commercial
  • Mineral Rights: Unknown
  • Topography: Level
  • Price per Sq Ft: 6.04
  • Sewer Paid: Yes
  • Sewerseptic In: Yes
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 263059.65
  • Water Tap Available: Yes
  • Water Tap Installed: Yes
  • HOA Fees: Yes
  • Total Taxes Dollar: 7711.08
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Utilities

  • Utilities: Electricity, Phone, Natural Gas
  • Water Tap Paid: Yes
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Water Supplier: City Of Montrose

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Landscaping, Road Maintenance
  • Hoametro Fees: $621
  • Hoa Name: South Gate Owner's Association

Schools

  • High School: Montrose 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2020

MLS Schools

  • Elementary School: Cottonwood K-5
  • Middle School: Columbine 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2023
Sold by
Barela Walter
Bought by
Rost Bros Storage Llc
Current Estimated Value
$576,807

Purchase Details

Closed on
Sep 8, 2022
Sold by
Craig Forbes
Bought by
Berala Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,126
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 5, 2021
Closed on
Jul 28, 2021
Sold by
Sbh Hilltop Family Partnership Ltd
Bought by
Forbes Craig
Seller's Agent
John Renfrow
Renfrow Realty
Buyer's Agent
John Renfrow
Renfrow Realty
List Price
$299,888
Sold Price
$299,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.68%
Original Mortgage
$99,888
Interest Rate
4%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 15, 2003
Sold by
Perpar John L
Bought by
Sbh Hilltop Family Partnership Ltd
Source: Public Records

Range of Values:

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
Rost Bros Storage Llc $540,000 Land Title
Berala Walter $425,000 --
Forbes Craig $299,888 Land Title
Sbh Hilltop Family Partnership Ltd $367,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berala Walter $2,126
Previous Owner Forbes Craig $99,888
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2021 08/02/21 Sold $299,888 0.0% --
06/17/2021 06/17/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $299,888 -- --
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 $8,443 $117,140 $114,040 $3,100
2023 $8,443 $130,460 $118,540 $11,920
2022 $7,601 $108,910 $98,810 $10,100
2021 $7,610 $108,910 $98,810 $10,100
2020 $7,711 $113,420 $91,470 $21,950
2019 $7,761 $113,420 $91,470 $21,950
2018 $7,478 $106,510 $87,000 $19,510
2017 $7,418 $106,510 $87,000 $19,510
2016 $6,487 $94,670 $79,090 $15,580
2015 $6,372 $94,670 $79,090 $15,580
2014 $6,223 $98,810 $83,630 $15,180
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 778459

Colorado Real Estate Network (CREN)

APN: R0017162