1616 Freedom Way Montrose, CO 81401
Estimated Value: $550,000 - $560,000
            
                4
                Beds
            
            
            
                2
                Baths
            
            
            
                2,072
                Sq Ft
            
            
                
                    $268/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 1616 Freedom Way, Montrose, CO 81401 and is currently estimated at $555,332, approximately $268 per square foot. 1616 Freedom 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
            
            
                Oct 9, 2006
            
        
                Sold by
            
            
                Sonssime Ii Construction & Devbelopment
            
        
                Bought by
            
            
                Merriman Terry L and Merriman Kyong S
            
        
                            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
            
            
                $196,425
            
        
                Outstanding Balance
            
            
                $114,993
            
        
                Interest Rate
            
            
                6.12%
            
        
                Mortgage Type
            
            
                Adjustable Rate Mortgage/ARM
            
        
                Estimated Equity
            
            
                $440,339
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Merriman Terry L | $245,500 | None Available | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Merriman Terry L | $196,425 | 
                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 | $2,317 | $32,140 | $4,210 | $27,930 | 
| 2023 | $2,317 | $37,160 | $4,870 | $32,290 | 
| 2022 | $1,861 | $26,670 | $3,130 | $23,540 | 
| 2021 | $1,917 | $27,440 | $3,220 | $24,220 | 
| 2020 | $1,672 | $24,590 | $2,870 | $21,720 | 
| 2019 | $1,834 | $24,590 | $2,870 | $21,720 | 
| 2018 | $1,664 | $21,430 | $1,990 | $19,440 | 
| 2017 | $1,660 | $21,430 | $1,990 | $19,440 | 
| 2016 | $1,642 | $21,410 | $2,010 | $19,400 | 
| 2015 | $1,441 | $21,410 | $2,010 | $19,400 | 
| 2014 | $1,209 | $19,200 | $2,010 | $17,190 | 
                Source: Public Records
                    
            
        Map
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