$435,000

1885 Nichols Way Montrose, CO 81401

Estimated payment $2,490/month

Total Views 7,996
3 Beds
1 Bath
1,064 Sq Ft
$409 Price per Sq Ft

Highlights

  • Ranch Style House
  • 1 Fireplace
  • Forced Air Heating System

About This Home

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 skiing!

Listing Agent

Leslie Musselmann

Vision Real Estate Investments License #II100003212 Listed on: 06/23/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $976

Year Built

  • Built in 1965

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • 1,064 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Propane

Additional Features

  • Green Energy Fireplace or Wood Stove
  • 1.04 Acre Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$976

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Directions: In Montrose, take Townsend to Niagra and turn east to Nichols Way. Turn south and look for the sign.
  • Listing Member Name: Leslie A Musselmann
  • Listing Office Short Id: vrei
  • Major Area: None
  • Estimated Number of Acres: 1.04
  • Open House Office I D: 20191002184608991365000000
  • Prop. Type: Residential
  • Home Age: 40+ Years
  • Deed Restrict: None
  • FILLSUBDIVISION: None
  • Property Sub Type: Within Township/City Limits
  • Year Built: 1965
  • Building Style: Ranch
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Elec Oven/Range, Refrigerator, Washer
  • EstFinishedSqFt: 1064.00
  • Source Sq Ft: Assessor
  • Disability Access: City, Paved
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: 1, Woodstove

Exterior Features

  • Exterior Construction: Frame
  • Disclosures: None
  • Lot Number: 2
  • View: Pond

Garage/Parking

  • Covered Parking: 2 Car
  • OpenAreaParking: 3 Car +
  • Parking: 2 Car Garage

Utilities

  • Electric: Power Company
  • Gas Company: Propane Services, Propane Tanks
  • Hot Water: Public
  • Heating: Forced Air, Gas, Wood Stove

Condo/Co-op/Association

  • HOAMangmentCompanyInfo: San Juan Heights
  • HOA Fees Includes: Other

Fee Information

  • Taxes: 975.92

Lot Info

  • Irrigation: Yes
  • Zoning: Residential
  • Lofts: None

Tax Info

  • Tax Year: 2024

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





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

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 For Sale $435,000 -- $409 / Sq Ft
Source: Telluride Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $19,300 --
Source: Public Records

Similar Homes in Montrose, CO

  • 1400 Bristol Dr, Montrose, CO 81401

    $440,000

    • 5 Beds
    • 2.5 Baths
    • 2,408 Sq Ft
    • 1400 Bristol Dr
    • Montrose, CO

    Welcome to 1400 Bristol, a charming, move-in ready home in English Gardens nestled in the center of Montrose. This 5BR/2.5BA bi-level house has been well-maintained with thoughtful upgrades creating both an inviting and functional space. Enter into the spacious living room that flows into the kitchen and dining space, ideal for gatherings and entertaining. The updated kitchen features ample

    Amanda F. Swain LIV Sotheby's International Realty - Mountain Village

    Section Image
  • 85 Colorado Ave, Montrose, CO 81401

    $325,000

    • 2 Beds
    • 1 Bath
    • 696 Sq Ft
    • 85 Colorado Ave
    • Montrose, CO

    Completely Renovated & Full of Possibilities Investment Opportunity in Montrose’s REDO District This home is a fresh take on in-town living, right in the heart of Montrose’s dynamic and evolving REDO District. It has been reimagined from the ground up with quality upgrades that balance both style and function. Step inside and you’ll immediately notice the thoughtful touches: natural light pours

    Delphine Jadot Keller Williams Realty Southwest Associates, LLC - Montrose

    Section Image
  • 1300 Weminuche, Montrose, CO 81401

    $435,000

    • 3 Beds
    • 2 Baths
    • 1,301 Sq Ft
    • 1300 Weminuche
    • Montrose, CO

    Located in the well-established Bear Creek subdivision, this newly built home by Ridgeline offers a practical, well-designed layout in one of Montrose’s most desirable neighborhoods. The home includes 3 bedrooms, 2 full bathrooms, and two separate living areas—ideal for flexible living, guests, or a home office. The kitchen features solid-surface countertops, custom cabinetry, and modern

    Delphine Jadot Keller Williams Realty Southwest Associates, LLC - Montrose

    Section Image
  • 12309 6300 Rd, Montrose, CO 81401

    $460,000

    • 3 Beds
    • 1 Bath
    • 1,843 Sq Ft
    • 12309 6300 Rd
    • Montrose, CO

    2.71 acres Zoned B-3 with many uses and many possibilities. Auto sales, auto body, building materials, car wash, farm equipment, hotel/motel, travel, home, work and many other possibilities. Large 3-bedroom home plus a detached 1,200 sqft garage/shop area. Ideal for a live/work situation, easy access to the highway. The property is currently leased and will need an extensive amount of work.

    Brian Byrd Byrd & Company Real Estate LLC

    Section Image
  • 1885 Nichols Way, Montrose, CO 81401

    $435,000

    • 3 Beds
    • 1 Bath
    • 1,064 Sq Ft
    • 1885 Nichols Way
    • Montrose, CO

    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

    Leslie Musselmann Vision Real Estate Investments

    Section Image
  • 2520 Balsam Ct, Montrose, CO 81401

    $397,500

    • 2 Beds
    • 2 Baths
    • 1,339 Sq Ft
    • 2520 Balsam Ct
    • Montrose, CO

    Recently updated Townhome located in a desirable Montrose location that offers an ideal lock and leave set up. All new luxury vinyl plank flooring and new base and case trim work throughout the home was just installed as well as a brand new butcher block kitchen island that gives you additional dining/seating and cabinet space. The layout was also improved by having the wall from the living area

    Daniel Tietz RE/MAX Mountain West, Inc. - Cedaredge

    Section Image
  • 1608 Ash Way, Montrose, CO 81401

    $512,000

    • 4 Beds
    • 2 Baths
    • 1,649 Sq Ft
    • 1608 Ash Way
    • Montrose, CO

    This one is a good affordable living in a great location with access to either East Main Street or South Townsend Ave. 4 bedroom with one bedroom being large enough to be a TV/Media room. Large open concept living, dining and kitchen. Two covered patios front and rear (back patio is fenced). Quiet cul-de-sac location and room to park your R.V. (allowed by HOA). Large master bedroom with

    David Kienholz RE/MAX Alpine View

    Section Image
  • 2652 Maya Way, Montrose, CO 81401

    $389,000

    • 4 Beds
    • 2 Baths
    • 1,438 Sq Ft
    • 2652 Maya Way
    • Montrose, CO

    This charming 4-bedroom, 2-bathroom home offers a comfortable and convenient lifestyle in Montrose, Colorado. One bedroom could be an office or hobby room as it is located in front of the house entry. The open-concept kitchen, living, and dining areas create a spacious and airy feel, perfect for entertaining or everyday living. With new LVP flooring in main area and carpet in the bedrooms. All

    Julia Seglund Canyon Creek Realty, LLC

    Section Image
  • 2274 London Way, Montrose, CO 81401

    $524,999

    • 4 Beds
    • 3 Baths
    • 2,986 Sq Ft
    • 2274 London Way
    • Montrose, CO

    Step into comfort and style at 2274 London Way. This beautifully updated 4-bedroom, 3-bathroom home is tucked away in an established neighborhood in the heart of Montrose. Located on a very quiet street with no through traffic, it offers peace and privacy while being just minutes from shopping, schools, and parks. Renovated in 2022, the home features brand-new flooring throughout, all new

    Brayden Reese Canyon Creek Realty, LLC

    Section Image

Source: Telluride Association of REALTORS®

MLS Number: 43657

Telluride Association of REALTORS®

APN: R0007144