$288,750
SOLD SEP 22, 2025

1885 Nichols Way Montrose, CO 81401

3 Beds
1 Bath
1,064 Sq Ft
1.04 Acres

Recently Sold

$271 Per Sq Ft

34% Below List Price

57 Days on Market

Highlights

  • Lake View
  • Living Room with Fireplace
  • 2 Car Attached Garage
  • Wood Burning Stove
  • Ranch Style House
  • Shed

About This Home

As of September 2025

Peaceful Living with incredible mountain views, fruit trees & a pond—right in town! Tucked away in a quiet setting that feels like country living, this well-maintained home on 1+ acre offers the best of both worlds—peace and privacy, with the convenience of all the south Montrose amenities including restaurants, shopping and more. Enjoy stunning mountain views, your very own pond, and an abundance of mature fruit trees, including apple, cherry, and mulberry. You'll love the ease of irrigation water for your yard, and the warmth of both a pellet stove and forced air heat. Stay cool in these hot summer months with a swamp cooler. This home is as comfortable as it is charming. Whether you're into outdoor recreation or just love a scenic drive, you're only about 1 to 1.5 hours from great skiing in several directions. This is a rare find—in town, yet it truly feels like a peaceful retreat.

Last Agent to Sell the Property

Leslie Musselmann

Vision Real Estate Investments Listed on: 06/23/2025

Last Buyer's Agent

Leslie Musselmann

Vision Real Estate Investments Listed on: 06/23/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $976

Year Built

  • Built in 1965

Lot Details

  • 1.04 Acre Lot
  • Irrigation

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Ranch Style House
  • Stick Built Home

Interior Spaces

  • 1,064 Sq Ft Home
  • Wood Burning Stove
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Pellet Stove burns compressed wood to generate heat
  • Heating System Powered By Owned Propane
  • Heating System Uses Propane
  • Irrigation Water Rights
  • Septic Tank
  • Septic System
  • Internet Available
  • Phone Available
  • Cable TV Available

Additional Features

  • Shed
  • 1 Irrigated Acre

Community Details

  • Association fees include irrigation
  • San Juan Heights Irrigation HOA

Listing and Financial Details

  • Assessor Parcel Number 376735402007

Home Details

Home Type

Single Family

Est. Annual Taxes

$976

Year Built

Built in 1965

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Additional Comments: Sold to a family member for below market value.
  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer
  • Estimated Irrigation Acres: 1
  • Estimated Total Acres: 1.043
  • Class: RESIDENTIAL
  • Em Deposit: 5000
  • Em Holder: Land Title Guarantee Co
  • Exterior Inclusions: Irrigation Water
  • Legal Lot Block: Subd: SAN JUAN HEIGHTS Block: 2 Lot: 2 ALSO DESC BY M/B DEED BK 608 PG 538 S: 35 T: 49 R: 9
  • Lot Dimension: 1.043 acres
  • Lot Size Acreage: 1-1.99
  • Parcel Id Number: 376735402007
  • Price Per Sq Ft: 271.38
  • Real Estate Included: Yes
  • Realist Id: 3767-354-02-007
  • Residence Stories: One Story
  • Residence Style: Ranch
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 271.38
  • Street Descriptionaccess: City/Town, Paved
  • Street Designation: Way
  • Tax Account Id: R0007144
  • Zoning: Residential Single Family
  • Type: Stick Built
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Service: Yes
  • Total Taxes Dollar: 975.92
  • Year Built: 1965
  • Foreign Owned Y N: No
  • Prop Description Remarks: Peaceful Living with incredible mountain views, fruit trees & a pond—right in town! Tucked away in a quiet setting that feels like country living, this well-maintained home on 1+ acre offers the best of both worlds—peace and privacy, with the convenience of all the south Montrose amenities including restaurants, shopping and more. Enjoy stunning mountain views, your very own pond, and an abundance of mature fruit trees, including apple, cherry, and mulberry. You'll love the ease of irrigation water for your yard, and the warmth of both a pellet stove and forced air heat. Stay cool in these hot summer months with a swamp cooler. This home is as comfortable as it is charming. Whether you're into outdoor recreation or just love a scenic drive, you're only about 1 to 1.5 hours from great skiing in several directions. This is a rare find—in town, yet it truly feels like a peaceful retreat.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Dining Room: Kitchen/Dining
  • Bedrooms: 3
  • Flooring: Carpet-Partial, Laminate
  • Estimated Total Sq Ft: 1064
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Fireplace Location Type: Living Room
  • Main Level Sq Ft: 1064
  • Master Bedrm Dimensions: 11.6x11.3
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Construction Type: Wood Frame
  • Exterior Structures: Shed
  • Views: Mountains, Lake/Pond/Reservoir

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Electric, Propane-Tank Owned, Cable TV, Internet, Phone - Cell Reception, Phone - Landline
  • Cooling: Evaporative Cooler
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Propane
  • Heating System: Forced Air, Wood Stove, Pellet Stove
  • Irrigation Water Description Amount: HOA Irrigation
  • Irrigation Water District: San Juan Heights HOA
  • Sewer Supplier: Septic
  • Water Rights Irrigation: Yes
  • Water Supplier: Tri-County Water Conservancy

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Irrigation
  • Hoametro Fees: 41
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: San Juan Heights Irrigation

Schools

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

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2025
Closed on
Sep 22, 2025
Sold by
Davidson Willene C
Bought by
Funk Kyle T and Davidson Olivia L
Seller's Agent
Leslie Musselmann
Vision Real Estate Investments
Buyer's Agent
Leslie Musselmann
Vision Real Estate Investments
List Price
$435,000
Sold Price
$288,750
Premium/Discount to List
-$146,250
-33.62%
Views
62

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26578.79%
Original Mortgage
$252,655
Outstanding Balance
$252,655
Interest Rate
6.63%
Mortgage Type
VA
Estimated Equity
$174,272

Purchase Details

Closed on
May 3, 1974
Sold by
Wilcox David L and Wilcox Rachel J
Bought by
Davidson Lendell W and Davidson Willene C
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Bargain Sale Deed -- Land Title Guarantee
Personal Reps Deed $288,750 Land Title
Deed $19,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $252,655 VA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2025 09/22/25 Sold $288,750 0.0% $271 / Sq Ft
08/19/2025 08/19/25 Pending -- -- --
08/05/2025 08/05/25 Off Market $288,750 -- --
06/23/2025 06/23/25 For Sale $435,000 -- $409 / Sq Ft
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 $493 $13,540 $3,160 $10,380
2023 $493 $17,860 $4,170 $13,690
2022 $443 $12,690 $3,130 $9,560
2021 $456 $13,060 $3,220 $9,840
2020 $381 $11,200 $2,970 $8,230
2019 $383 $11,200 $2,970 $8,230
2018 $329 $9,370 $2,390 $6,980
2017 $326 $9,370 $2,390 $6,980
2016 $305 $8,900 $2,400 $6,500
2015 $599 $8,900 $2,400 $6,500
2014 $504 $8,010 $2,400 $5,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 825745

Colorado Real Estate Network (CREN)

APN: R0007144