NOT LISTED FOR SALE

1580 Chipeta Rd Montrose, CO 81403

Estimated Value: $318,000 - $331,000

3 Beds
1 Bath
1,213 Sq Ft
$267/Sq Ft Est. Value

Sale Details

Date Sold: March 8, 2024

Last sale price $275,000 $227 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,844 / mo

130 Days on Market

About This Home

As of March 2024

Opportunity awaits! This home sits on 1.41 acres close to all the amenities, paths, parks, and stores that Montrose has to offer. No HOA, No Covenants! This partially updated home is ready for the next owner or investor to take full advantage of the all that it has to offer. The original 1917 home has been worked on and has updated plumbing and electrical but still has its charm and character! The home is move-in ready with some final projects to make it your own. A nice open living area ties into the kitchen with numerous windows offering abundant natural light. The bathroom is also conveniently on the main floor. The stairs lead to a large upstairs that spans the depth of the house and it has a partition wall for an additional bedroom while maintaining a living area or keep it all open for storage, toys, movie room, craft room, office, or whatever your needs may be. There is a cellar on site behind the home and tucked into the hill below the irrigation ditch that slowly passes through the property. Previously there was a garden on the other side of the ditch to the East that could be reworked as well. A retired RV/Camper pad with an electrical hookup is on the south side of the property as well and may be inspected and put back into service. The lot size is simply amazing with a number of options... think secondary residence, shop, storage building, etc. Property with a home on lots this size are becoming a rare thing to find as you likely already know. Call today for your private showing and don't miss out on the potential in this opportunity!

Last Agent to Sell the Property

Aaron Tobler

RE/MAX Alpine View Listed on: 09/29/2023

RE/MAX Alpine View

Last Buyer's Agent

Sean Cleary

Cleary Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $692

Year Built

  • Built in 1917

Lot Details

  • 1.41 Acre Lot
  • Waterfront

Home Design

  • 1,213 Sq Ft Home
  • Stick Built Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 376733302014

Home Details

Home Type

Single Family

Est. Annual Taxes

$692

Year Built

Built in 1917

Lot Details

1.41 Acres

Listing Details

  • Estimated Total Acres: 1.41
  • Class: RESIDENTIAL
  • Em Deposit: 3500
  • Em Holder: Fidelity National Title
  • Legal Lot Block: SUBD: FRUIT LAND TRACT LOT: 1 THAT PART OF LOT 1 IN THE SE4SW4 SEC 33 DESC AS BEG AT THE SE CORNER LOT 1 FRUITLAND TRACT TH
  • Parcel Id Number: 376733302014
  • Price Per Sq Ft: 226.71
  • Real Estate Included: Yes
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 226.71
  • Street Designation: Road
  • Tax Account Id: R0007746
  • Type: Stick Built
  • Internet Service: Yes
  • Total Taxes Dollar: 692.16
  • Year Built: 1917
  • Foreign Owned Y N: No
  • Prop Description Remarks: Opportunity awaits! This home sits on 1.41 acres close to all the amenities, paths, parks, and stores that Montrose has to offer. No HOA, No Covenants! This partially updated home is ready for the next owner or investor to take full advantage of the all that it has to offer. The original 1917 home has been worked on and has updated plumbing and electrical but still has its charm and character! The home is move-in ready with some final projects to make it your own. A nice open living area ties into the kitchen with numerous windows offering abundant natural light. The bathroom is also conveniently on the main floor. The stairs lead to a large upstairs that spans the depth of the house and it has a partition wall for an additional bedroom while maintaining a living area or keep it all open for storage, toys, movie room, craft room, office, or whatever your needs may be. There is a cellar on site behind the home and tucked into the hill below the irrigation ditch that slowly passes through the property. Previously there was a garden on the other side of the ditch to the East that could be reworked as well. A retired RV/Camper pad with an electrical hookup is on the south side of the property as well and may be inspected and put back into service. The lot size is simply amazing with a number of options... think secondary residence, shop, storage building, etc. Property with a home on lots this size are becoming a rare thing to find as you likely already know. Call today for your private showing and don't miss out on the potential in this opportunity!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Estimated Total Sq Ft: 1213
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Total Office Den: 0

Exterior Features

  • Waterfront: Yes

Utilities

  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Sewer Supplier: West Montrose Sanitation District
  • Water Supplier: Chipeta Water District

Schools

  • High School: Montrose 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Mar 8, 2024
Sold by
Walnut Rentals Llc
Bought by
Diaz-Franco Joel
Seller's Agent
Aaron Tobler
RE/MAX Alpine View
Buyer's Agent
Sean Cleary
Cleary Realty Group
List Price
$325,000
Sold Price
$275,000
Premium/Discount to List
-$50,000
-15.38%
Views
343
Current Estimated Value
$324,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,318
Avg. Annual Appreciation
8.21%
Original Mortgage
$165,000
Outstanding Balance
$161,320
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$162,998

Purchase Details

Closed on
Oct 11, 2022
Sold by
Franck Julia M
Bought by
Walnut Rentals Llc

Purchase Details

Closed on
Oct 30, 2018
Sold by
Viator Jeary Paul
Bought by
Franck David A and Franck Julia M

Purchase Details

Closed on
Sep 3, 2010
Sold by
Kinne Mary Louise
Bought by
Viator Jerry Paul and Kinne Mary Louise

Purchase Details

Closed on
Jul 26, 2010
Sold by
Morrow John and Morrow Alice
Bought by
Kinne Mary Louise

Purchase Details

Closed on
Dec 2, 1998
Sold by
Hawks Dolly
Bought by
Morrow Alice and Morrow John

Purchase Details

Closed on
Jun 30, 1997
Sold by
Love Paul R and Love Stella
Bought by
Morrow Alice and Morrow John

Purchase Details

Closed on
Feb 11, 1976
Sold by
Young Floyd and Young Alma
Bought by
Love Paul R and Love Stella
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Diaz-Franco Joel $275,000 None Listed On Document
Walnut Rentals Llc -- --
Franck David A $60,000 Land Title Guarantee Co
Viator Jerry Paul -- None Available
Kinne Mary Louise -- None Available
Morrow Alice -- --
Morrow Alice $50,000 --
Love Paul R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz-Franco Joel $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2024 03/08/24 Sold $275,000 -1.8% $227 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
01/24/2024 01/24/24 Price Changed $279,900 -3.4% $231 / Sq Ft
12/22/2023 12/22/23 Price Changed $289,900 -3.4% $239 / Sq Ft
10/24/2023 10/24/23 Price Changed $299,999 -7.7% $247 / Sq Ft
09/29/2023 09/29/23 For Sale $325,000 -- $268 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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
2025 $1,162 $32,770 $17,370 $15,400
2024 $1,162 $12,330 $4,330 $8,000
2023 $909 $14,760 $5,840 $8,920
2022 $692 $9,650 $3,090 $6,560
2021 $711 $9,920 $3,170 $6,750
2020 $518 $7,370 $2,760 $4,610
2019 $521 $7,370 $2,760 $4,610
2018 $436 $5,990 $2,320 $3,670
2017 $432 $5,990 $2,320 $3,670
2016 $421 $5,920 $2,230 $3,690
2015 $414 $5,920 $2,230 $3,690
2014 $380 $5,790 $2,230 $3,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 808367

Colorado Real Estate Network (CREN)

APN: R0007746

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