NOT LISTED FOR SALE

1601 E Montezuma Ave Cortez, CO 81321

Estimated Value: $43,091 - $273,000

0.92 Acre
$171,789 Price per Acre
40,075 Sq Ft Lot

Last Sold September 30, 2022

Last sale price $42,500

Est. 272% increase in value since last sale

Current estimated payment $956/month

43 Days on Market

About This Lot

As of September 2022

Endless possibilities with this commercial lot! On .92 of an acre, and right next to the Safeway! Not only that this lot is near restaurants, Walgreens, Walmart etc. This is an ideal lot for your commercial use!

Last Listed By

Stefany Borunda Sierra

Real Broker, LLC DBA Real Listed on: 06/29/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $411

Lot Details

  • 0.92 Acre 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

  • Phone Available

Listing and Financial Details

  • Security Deposit $1,000
  • Assessor Parcel Number 561125217004

Property Details

Property Type

Land

Est. Annual Taxes

$411

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Ttle company
  • Legal Lot Block: Subdivision: HENRY SUB, LOTS 1-6, BL 4 AMD Lot: 3 Block: 4 B657 P36 R/463764
  • Parcel Id Number: 561125217004
  • Street Descriptionaccess: City/Town
  • Zoning: Commercial
  • Type: Commercial
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 0.92
  • Current Property Use: Commercial
  • Em Deposit: 1,000
  • Mineral Rights: Unknown
  • Price Acre: 53260.87
  • Topography: Level
  • Price per Sq Ft: 1.22
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 46195.65
  • Water Tap Available: Yes
  • Total Taxes Dollar: 410.64
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Utilities

  • Utilities: Electricity Near, Phone Near, Natural Gas Near
  • 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
Jun 29, 2022
Closed on
Sep 1, 2022
Sold by
Mattress Outlet Llc
Bought by
Santo Beverly G
Seller's Agent
Stefany Borunda Sierra
Real Broker, LLC DBA Real
Buyer's Agent
Allison Klein
United Country Blue Sky Homes and Land
List Price
$49,000
Sold Price
$42,500
Premium/Discount to List
-$6,500
-13.27%
Total Days on Market
43
Current Estimated Value
$158,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,546
Avg. Annual Appreciation
63.24%

Purchase Details

Closed on
Apr 28, 2016
Sold by
Zb Na
Bought by
The Mattress Outlet Llc

Purchase Details

Closed on
Oct 22, 2015
Sold by
Spear Donna Sue and Spear Randall R
Bought by
Vectra Bank Colorado National Associatio

Purchase Details

Closed on
Mar 11, 2015
Sold by
Spear Donna Sue
Bought by
Clarity Counseling Pc

Purchase Details

Closed on
Oct 26, 2012
Sold by
Spear Randall R
Bought by
Clarity Counseling Pc

Range of Values:

Collateral Analytics

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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
Santo Beverly G -- None Listed On Document
The Mattress Outlet Llc $30,000 First American Title
The Mattress Outlet Llc $30,000 First American Title
Vectra Bank Colorado National Associatio -- None Available
Clarity Counseling Pc -- None Available
Clarity Counseling Pc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Mattress Outlet Llc $94,125
Previous Owner Spear Donna Sue $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $42,500 -15.0% --
08/11/2022 08/11/22 Pending -- -- --
08/03/2022 08/03/22 Price Changed $49,999 +2.0% --
07/21/2022 07/21/22 For Sale $49,000 0.0% --
06/29/2022 06/29/22 Pending -- -- --
06/29/2022 06/29/22 For Sale $49,000 -- --
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
2024 $965 $16,423 $16,423 $0
2023 $965 $16,423 $16,423 $0
2022 $415 $7,499 $7,499 $0
2021 $411 $7,499 $7,499 $0
2020 $435 $8,249 $8,249 $0
2019 $436 $8,249 $8,249 $0
2018 $526 $8,250 $8,250 $0
2017 $523 $8,250 $8,250 $0
2016 $474 $8,250 $8,250 $0
2015 $435 $44,950 $0 $0
2014 $507 $8,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Stefany Borunda Sierra

    Real Broker, LLC DBA Real

  • Allison Klein

    Buyer's Agent in 2022

    Allison Klein

    United Country Blue Sky Homes and Land

    (970) 946-9409

    110 Total Sales

    Allison Klein
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Map

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Source: Colorado Real Estate Network (CREN)

MLS Number: 795511

Colorado Real Estate Network (CREN)

APN: R013725

Colorado Montezuma County Cortez 81321

1601 E Montezuma Ave, Cortez, CO

Homes for Sale in Cortez, CO

This home is located at 1601 E Montezuma Ave, Cortez, CO 81321 since 29 June 2022 and is currently estimated at $158,046. 1601 E Montezuma Ave is a home located in Montezuma County with nearby schools including Montezuma-Cortez High School, Children's Kiva Montessori School, and Southwest Open Charter School.

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.