NOT LISTED FOR SALE

1521 Ogden Rd Montrose, CO 81401

Estimated Value: $576,807

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

Last Sold October 27, 2023

Last sale price $540,000

Est. 7% increase in value since last sale

Current estimated payment $3,790/month

70 Days on Market

Highlights

  • Mountain View
  • Adjacent to Greenbelt
  • Level Lot

About This Lot

As of October 2023

Looking for a rare commercial lot in the busy and booming S Townsend Corridor? This 1.136-acre lot might be just what you're looking for! With excellent visibility and more than 350 feet of S Townsend/Hwy 550 frontage, this B-2 zoned property allows for various commercial ventures such as retail, restaurant, and services, muti-use commercial/residential and more! in the City of Montrose. The lot comes with a 6,306 sq.ft. foundation for a commercial condominium structure, and utilities are already in place. Ready for nearly limitless possibilities, designs and Plus, the lot also features paved off-street parking and is conveniently located near the city bike path, making it a regional destination for shopping and dining. Check it out today!

Last Agent to Sell the Property

Chase Girard

Ponderosa Real Estate The Source For Real Estate Listed on: 07/28/2023

Last Buyer's Agent

Makura Casias

Keller Williams Realty Southwest Associates, LLC - Montrose

Keller Williams Realty Southwest Associates, LLC - Montrose

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,601

Lot Details

  • 1.14 Acre Lot
  • Adjacent to Greenbelt
  • Open Space
  • Level Lot
  • Property is zoned Commercial, Residential Multi Family

HOA Fees

  • $52 Monthly HOA Fees

Property Views

  • Mountain Views

Utilities

  • Septic System
  • Sewer Tap Fee
  • Internet Available
  • Phone Available

Community Details

  • Association fees include snow removal
  • South Gate Owners Association

Listing and Financial Details

  • Security Deposit $10,000
  • Assessor Parcel Number 399304233003

Property Details

Property Type

Land

Est. Annual Taxes

$7,601

Lot Details

0

HOA Fees

$52 per month

Listing Details

  • Class: Land
  • Em Holder: Land Title Guarantee Comp
  • Legal Lot Block: SUBD: SOUTH GATE SUBD FILING NO 2 LOT: 4 S: 4 T: 48 R: 9
  • Lot Size Acreage: 1-5 Acres
  • Parcel Id Number: 399304233003
  • Property Description: Adj To Greenbelt, Adj To Open Space
  • Street Descriptionaccess: State Highway, City/Town, Paved, Concrete
  • Street Designation: Road
  • Tax Account Id: R0017162
  • Zoning: Commercial, Residential Multi Family
  • HOA Fee Frequency: Annually
  • Domestic Sewer: Sewer Tap Paid, Sewer Tap Installed
  • Domestic Water: Tap Installed, Tap Paid, Public
  • Type: Commercial
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 1.14
  • Current Property Use: Commercial
  • Em Deposit: 10000
  • Possible Property Use: Commercial
  • Mineral Rights: Unknown
  • Topography: Level
  • Price per Sq Ft: 12.06
  • Sewer Paid: Yes
  • Sewerseptic In: Yes
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 473684.21
  • Water Tap Available: Yes
  • Water Tap Installed: Yes
  • HOA Fees: Yes
  • Total Taxes Dollar: 7601.48
  • Prop Description Remarks: Looking for a rare commercial lot in the busy and booming S Townsend Corridor? This 1.136-acre lot might be just what you're looking for! With excellent visibility and more than 350 feet of S Townsend/Hwy 550 frontage, this B-2 zoned property allows for various commercial ventures such as retail, restaurant, and services, muti-use commercial/residential and more! in the City of Montrose. The lot comes with a 6,306 sq.ft. foundation for a commercial condominium structure, and utilities are already in place. Ready for nearly limitless possibilities, designs and Plus, the lot also features paved off-street parking and is conveniently located near the city bike path, making it a regional destination for shopping and dining. Check it out today!
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains

Utilities

  • Utilities: Phone - Landline, Phone - Cell Reception, Electricity, Natural Gas, Internet
  • 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: Snow Removal
  • Hoametro Fees: 621
  • Hoa Name: South Gate Owners Association

Schools

  • High School: Open Enrollment

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2022

MLS Schools

  • Elementary School: Open Enrollment
  • Middle School: Open Enrollment

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Oct 27, 2023
Sold by
Barela Walter
Bought by
Rost Bros Storage Llc
Seller's Agent
Chase Girard
Ponderosa Real Estate The Source For Real Estate
Buyer's Agent
Makura Casias
Keller Williams Realty Southwest Associates, LLC - Montrose
List Price
$599,000
Sold Price
$540,000
Premium/Discount to List
-$59,000
-9.85%
Views
35
Current Estimated Value
$576,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,807
Avg. Annual Appreciation
3.35%

Purchase Details

Listed on
May 10, 2022
Closed on
Sep 8, 2022
Sold by
Craig Forbes
Bought by
Berala Walter
Seller's Agent
John Renfrow
Renfrow Realty
Buyer's Agent
Chase Girard
Ponderosa Real Estate The Source For Real Estate
List Price
$449,888
Sold Price
$425,000
Premium/Discount to List
-$24,888
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.61%
Original Mortgage
$2,126
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2021
Sold by
Sbh Hilltop Family Partnership Ltd
Bought by
Forbes Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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 Prior Sale
10/27/2023 10/27/23 Sold $540,000 -9.8% --
10/06/2023 10/06/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $599,000 +40.9% --
09/08/2022 09/08/22 Sold $425,000 -5.5% -- View Prior Sale
08/02/2022 08/02/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $449,888 0.0% --
07/21/2022 07/21/22 Price Changed $449,888 -10.0% --
05/31/2022 05/31/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $499,888 -- --
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

  • Chase Girard

    Seller's Agent in 2023

    Chase Girard

    Ponderosa Real Estate The Source For Real Estate

    (970) 729-2399

    177 Total Sales

    Chase Girard
    Section Image
  • Makura Casias

    Buyer's Agent in 2023

    Makura Casias

    Keller Williams Realty Southwest Associates, LLC - Montrose

    (970) 417-0710

    132 Total Sales

    Makura Casias
    Section Image
  • John Renfrow

    Seller's Agent in 2022

    John Renfrow

    Renfrow Realty

    (970) 275-4004

    172 Total Sales

    John Renfrow
    Section Image
See All Agents

Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 806401

Colorado Real Estate Network (CREN)

APN: R0017162

Colorado Montrose County Montrose 81401

1521 Ogden Rd, Montrose, CO

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Colorado Real Estate Network (CREN) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes