1608 American Way Montrose, CO 81401
Estimated Value: $528,000 - $596,000
5
Beds
3
Baths
2,030
Sq Ft
$274/Sq Ft
Est. Value
About This Home
This home is located at 1608 American Way, Montrose, CO 81401 and is currently estimated at $557,187, approximately $274 per square foot. 1608 American Way is a home located in Montrose County with nearby schools including Johnson Elementary School, Centennial Middle School, and Montrose High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 22, 2019
Sold by
Richmond Jeff and Richmond Dana
Bought by
Richmond Jeffrey and Richmond Dana
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Outstanding Balance
$235,771
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$321,416
Purchase Details
Closed on
Aug 15, 2006
Sold by
English Construction Llc
Bought by
Richmond Jeff and Richmond Dana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,946
Interest Rate
6.79%
Mortgage Type
Credit Line Revolving
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Richmond Jeffrey | -- | Land Title Guarantee Co | |
| Richmond Jeff | $219,640 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Richmond Jeffrey | $268,000 | |
| Closed | Richmond Jeff | $32,946 | |
| Closed | Richmond Jeff | $175,712 |
Source: Public Records
Tax History Compared to Growth
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 | $2,234 | $30,990 | $4,190 | $26,800 |
| 2023 | $2,234 | $35,980 | $4,870 | $31,110 |
| 2022 | $1,801 | $25,810 | $3,130 | $22,680 |
| 2021 | $1,855 | $26,550 | $3,220 | $23,330 |
| 2020 | $1,602 | $23,560 | $2,870 | $20,690 |
| 2019 | $1,764 | $23,560 | $2,870 | $20,690 |
| 2018 | $1,518 | $19,350 | $1,990 | $17,360 |
| 2017 | $1,515 | $19,350 | $1,990 | $17,360 |
| 2016 | $1,510 | $19,480 | $2,010 | $17,470 |
| 2015 | $1,311 | $19,480 | $2,010 | $17,470 |
| 2014 | $1,076 | $17,080 | $2,010 | $15,070 |
Source: Public Records
Map
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