NOT LISTED FOR SALE

20224 Road S 7 Cortez, CO 81321

Estimated Value: $431,292 - $514,000

3 Beds
2 Baths
1,650 Sq Ft
$286/Sq Ft Est. Value

Last Sold January 20, 2021

Last sale price $334,200 $203 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,562/month

3 Days on Market

Highlights

  • Barn
  • RV or Boat Parking
  • Mountain View
  • Horses Allowed On Property
  • Solar Power System
  • Deck

About This Home

As of January 2021

ARE YOU IN THE "LOOP"? Being in the loop isn't about popularity or knowing the gossip - This adorable ranch style home with 3BR2BA sits amidst 4.95 acres within a loop of a very small community of neighbors. The ideal "Loop" is creating a circle of friends. Just North of Cortez, CO, you'll be driving on paved road within 1/2 mile to your home. The County maintained gravel road loops through the neighborhood limiting growth yet gives everyone an ample view of the different mountain ranges in the County. 4.95 acres is fenced and cross fenced for numerous uses: your home adorned with huge pine and shade trees as well as lush green grass with irrigation water, an open faced barn set up for livestock, and a pastured area all set up with a sideroll for irrigation to produce hay or grass as well approx. 200-300' of additional handlines. Getting to the inside of your home: Large family room with fireplace, vaulted ceilings with wood beams and large windows for great views. Master suite is quite large with french doors for easy furniture moves and a bathroom suite with a walk-in shower. Adding to some great entertainment nights, the separate dining room and the living room surrounding the kitchen will keep the cook in the midst of the fun.

Last Agent to Sell the Property

Robin Rice

eXp Realty, LLC Listed on: 12/01/2020

eXp Realty, LLC

Last Buyer's Agent

Kyle Riddell

4 Corners Properties, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $709

Year Built

  • Built in 1979 | Remodeled in 2020

Lot Details

  • 4.95 Acre Lot
  • Cross Fenced
  • Partially Fenced Property
  • Landscaped
  • Corner Lot
  • Sprinkler System
  • Property is zoned Agriculture

Property Views

  • Mountain
  • Valley

Home Design

  • Ranch Style House
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stone Siding
  • Stick Built Home

Interior Spaces

  • 1,650 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Vinyl Clad Windows
  • Window Treatments
  • Family Room
  • Formal Dining Room
  • Den with Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Garage Door Opener
  • RV or Boat Parking

Eco-Friendly Details

  • Solar Power System
  • Solar Heating System

Outdoor Features

  • Deck
  • Patio
  • Gazebo
  • Shed

Schools

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

Farming

  • Barn
  • 3 Irrigated Acres
  • Pasture
  • Cattle

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Radiant Ceiling
  • Space Heater
  • Irrigation Water Rights
  • Water Heater
  • Septic Tank
  • Septic System
  • Internet Available

Community Details

  • Association fees include irrigation

Listing and Financial Details

  • Assessor Parcel Number 535524201004

Home Details

Home Type

Single Family

Est. Annual Taxes

$709

Year Built

Built in 1979 | Remodeled in 2020

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Microwave
  • Estimated Irrigation Acres: 3
  • Estimated Total Acres: 4.95
  • Class: RESIDENTIAL
  • Em Deposit: 3000
  • Em Holder: Mondo Title
  • Exterior Inclusions: Shed/Storage, Landscaping, Irrigation Water, Patio, Deck, Lawn Sprinklers, Irrigation Pump
  • Fronts: East
  • Horse Setup: Yes
  • Interior Inclusions: Window Coverings, Cathedral Ceiling, Ceiling Fan(s), W/D Hookup, Granite Counters, Walk In Closet, Garage Door Opener
  • Legal Lot Block: Vista Grand Estates Lot: 16
  • List Price per Sq Ft: 203.03
  • Livestock Allowed: Cattle
  • Lot Dimension: irregular
  • Lot Size Acreage: 2-4.99
  • Parcel Id Number: 535524201004
  • Price Per Sq Ft: 202.55
  • Property Description: Pasture, Corner
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Residence Style: Ranch
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Stone, Wood
  • Sold Price Sq Ft: 202.55
  • Street Descriptionaccess: County, Paved, Gravel, 150'+ Frontage
  • Tax Account Id: R001539
  • Zoning: Agriculture, Residential Single Family
  • Type: Stick Built
  • Internet Provider: Hughes Net
  • Internet Service: Yes
  • Total Taxes Dollar: 708.72
  • Year Built: 1979
  • Year Renovated: 2020
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Dining Room: Separate Dining
  • Dining Room: Yes
  • Bedrooms: 3
  • Flooring: Carpet-Partial, Tile, Laminate
  • Estimated Total Sq Ft: 1650
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 2
  • Family Room: Yes
  • Fireplace Location Type: Stove Insert, Den/Family Room
  • Foundation: Slab
  • Main Level Sq Ft: 1650
  • Master Bedrm Dimensions: 15' x 12'
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Fence: Cross Fence, Partial Property
  • Windows: Double Pane, Vinyl
  • Construction Type: Wood Frame
  • Exterior Structures: Barn, Garage, Gazebo, Shed
  • Roof: Composition
  • Views: Mountains, Valley

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 1

Utilities

  • Utilities: Electric, Solar
  • Electric Supplier: Empire Electric Association, Inc
  • Heating System: Ceiling Radiant, Space Heater
  • Irrigation Water Description Amount: 3 shares
  • Irrigation Water District: Vista WUA
  • Laundry Util Dimensions: 8'5" x 5'5"
  • Sewer Supplier: Septic
  • Water Heater: Electric Water Heater
  • Water Rights Irrigation: Yes
  • Water Supplier: Montezuma Rural Water Company

Condo/Co-op/Association

  • Hoa Inclusions: Irrigation

Schools

  • High School: Montezuma-Cortez 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

MLS Schools

  • Elementary School: Lewis-Arriola K-5
  • Middle School: Cortez 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
Jan 18, 2021
Sold by
Hallock Lloyd E and Hallock Dora M
Bought by
Brault Margaret
Seller's Agent
Robin Rice
eXp Realty, LLC
Buyer's Agent
Kyle Riddell
4 Corners Properties, Inc.
List Price
$335,000
Sold Price
$334,200
Premium/Discount to List
-$800
-0.24%
Current Estimated Value
$472,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,123
Avg. Annual Appreciation
7.35%
Original Mortgage
$501,300
Outstanding Balance
$501,078
Interest Rate
8.6%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
-$28,755

Purchase Details

Closed on
Sep 25, 1990
Sold by
Sorensen Norlen H
Bought by
Hallock Lloyd E and Hallock Dora M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Brault Margaret $334,200 None Available
Hallock Lloyd E $81,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brault Margaret $501,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2021 01/20/21 Sold $334,200 -0.2% $203 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
12/01/2020 12/01/20 For Sale $335,000 -- $203 / 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 $940 $20,271 $2,852 $17,419
2023 $940 $24,648 $3,467 $21,181
2022 $766 $17,722 $3,467 $14,255
2021 $779 $17,722 $3,467 $14,255
2020 $709 $16,821 $3,467 $13,354
2019 $709 $16,821 $3,467 $13,354
2018 $616 $12,590 $3,140 $9,450
2017 $590 $12,590 $3,140 $9,450
2016 $636 $13,760 $3,470 $10,290
2015 $631 $200,390 $0 $0
2014 $617 $13,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 776792

Colorado Real Estate Network (CREN)

APN: R001539