NOT LISTED FOR SALE

1903 Shady Ln Cortez, CO 81321

Estimated Value: $67,000 - $456,000

0.32 Acre
$875,756 Price per Acre
13,939 Sq Ft Lot

Last Sold November 02, 2023

Last sale price $65,000

Est. 331% increase in value since last sale

Current estimated payment $1,648/month

194 Days on Market

About This Lot

As of November 2023

This large level building lot in Northeast Cortez is on a 1/3 of an acre in a quiet neighborhood. Close to the Golf Course, trails, and a public neighborhood park sits across the street. All Utilities are to the property line.

Last Agent to Sell the Property

Gina Buchanan

The Wells Group of Durango, LLC Listed on: 03/04/2023

Last Buyer's Agent

Allison Klein

United Country Blue Sky Homes and Land

United Country Blue Sky Homes and Land

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $445

Lot Details

  • 0.32 Acre Lot

Schools

  • Kemper K-5 Elementary School
  • Cortez 6-8 Middle School
  • Montezuma-Cortez 9-12 High School

Community Details

  • Cottonwood Knoll Subdivision

Listing and Financial Details

  • Security Deposit $1,000
  • Assessor Parcel Number 561124111019

Property Details

Property Type

Land

Est. Annual Taxes

$445

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: title company
  • Legal Lot Block: Subdivision: COTTONWOOD KNOLL SUB & ADD Lot: 14 Block: 7B439 P249 B440 P172 R/470799
  • Parcel Id Number: 561124111019
  • Zoning: Residential Single Family
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 0.32
  • Current Property Use: Residential Single Family
  • Em Deposit: 1,000
  • Mineral Rights: Unknown
  • Price Acre: 232812.5
  • Price per Sq Ft: 5.34
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 203125
  • Water Tap Available: Yes
  • Total Taxes Dollar: 444.60
  • Prop Description Remarks: This large level building lot in Northeast Cortez is on a 1/3 of an acre in a quiet neighborhood. Close to the Golf Course, trails, and a public neighborhood park sits across the street. All Utilities are to the property line.
  • Subdv Name: Cottonwood Knoll
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Utilities

  • 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
Mar 4, 2023
Closed on
Oct 26, 2023
Sold by
Cordova Michael A and Ragland Daisy E
Bought by
Zaborowski Laura J
Seller's Agent
Gina Buchanan
The Wells Group of Durango, LLC
Buyer's Agent
Allison Klein
United Country Blue Sky Homes and Land
List Price
$76,500
Sold Price
$65,000
Premium/Discount to List
-$11,500
-15.03%
Views
54
Current Estimated Value
$280,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,242
Avg. Annual Appreciation
71.21%

Purchase Details

Closed on
Apr 17, 2023
Sold by
Ragland Daisy E
Bought by
Ragland Daisy E

Purchase Details

Closed on
Mar 25, 2022
Sold by
Threlkeld Michael D
Bought by
Cordova Michael A and Cordova Daisy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,664
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 1998
Sold by
Hawkins Jack W
Bought by
H & W Investments
Source: Public Records

Range of Values:

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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
Zaborowski Laura J $65,000 Cts
Ragland Daisy E -- None Listed On Document
Cordova Michael A -- None Listed On Document
H & W Investments $4,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cordova Michael A $42,664
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2023 11/02/23 Sold $65,000 -12.8% --
09/14/2023 09/14/23 Pending -- -- --
08/17/2023 08/17/23 Price Changed $74,500 -2.6% --
03/04/2023 03/04/23 For Sale $76,500 -- --
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 $1,045 $29,136 $4,881 $24,255
2023 $1,045 $17,783 $17,783 $0
2022 $450 $8,120 $8,120 $0
2021 $445 $8,120 $8,120 $0
2020 $471 $8,932 $8,932 $0
2019 $472 $8,932 $8,932 $0
2018 $569 $8,930 $8,930 $0
2017 $566 $8,930 $8,930 $0
2016 $513 $8,930 $8,930 $0
2015 $471 $48,660 $0 $0
2014 $548 $8,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 801380

Colorado Real Estate Network (CREN)

APN: R007859