226 N Elm St Cortez, CO 81321
Estimated Value: $255,833 - $280,000
3
Beds
1
Bath
960
Sq Ft
$275/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Detached Garage
- 1-Story Property
- Victorian Architecture
- Double Pane Windows
- Forced Air Heating and Cooling System
About This Home
As of August 2022Ideal downtown Cortez home - just a couple blocks to Wildedge Brewing, the farmers market and downtown restaurants. The house is zoned neighborhood business, meaning you can run certain low-impact businesses out of it. High ceilinged, light-filled interior and artistically remodeled. Hardwood floors in the main part of the house. Relatively recent double pane windows, upgraded wiring and light fixtures with LED lighting throughout. Heating and A/C are a forced air natural gas system. House features an active sub-slab radon mitigation system to keep radon levels safe. There’s an unfinished walk-in basement for more storage and easy utility access. A recent home inspection report is available and the home is scheduled to have a fresh coat of paint this week. The detached garage has been finished out as an office, which could make for a great workshop or studio. The wide gravel driveway can hold multiple vehicles. The front yard is mostly established with native plants, while the backyard, which is completely fenced, is mostly a large garden with several young trees. The entire property has been managed organically for the last 5 years, with no chemicals of any kind applied. The backyard also features an adobe horno oven that's great for pizza, bread or other baking.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $640
Year Built
- Built in 1943
Lot Details
- 7,100 Sq Ft Lot
- Partially Fenced Property
- Property is zoned Live/Work, Mixed-Use
Parking
- Detached Garage
Home Design
- Victorian Architecture
- Metal Roof
- Stick Built Home
- Stucco
Interior Spaces
- 960 Sq Ft Home
- 1-Story Property
- Partially Furnished
- Double Pane Windows
- Wood Flooring
- Oven or Range
- Unfinished Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Eco-Friendly Details
- Reclaimed Water Irrigation System
Schools
- Kemper K-5 Elementary School
- Cortez 6-8 Middle School
- Montezuma-Cortez 9-12 High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
- Internet Available
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 561126233007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 8, 2022
Closed on
Aug 15, 2022
Sold by
Olaf Bye
Bought by
Selby Judith L
Seller's Agent
Paul Adams
Regents Real Estate Group Inc.
Buyer's Agent
Paul Adams
Regents Real Estate Group Inc.
List Price
$260,000
Sold Price
$260,000
Total Days on Market
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,208
Avg. Annual Appreciation
0.57%
Original Mortgage
$110,000
Outstanding Balance
$105,868
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$158,340
Purchase Details
Closed on
Nov 30, 2016
Sold by
4 Living Real Estate Investments Llc
Bought by
Bye Olaf
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,963
Interest Rate
3.52%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 14, 2012
Sold by
Federal National Mortgage Association
Bought by
Kay Marjorie
Purchase Details
Closed on
Jun 6, 2012
Sold by
Douglas Connie
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
May 30, 2012
Sold by
Bank Of America Na
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Sep 19, 2006
Sold by
Tripp Gregg A and Tripp Renee L
Bought by
Douglas Connie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.55%
Mortgage Type
Future Advance Clause Open End Mortgage
Similar Homes in Cortez, CO
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Selby Judith L | -- | None Listed On Document | |
| Bye Olaf | $114,000 | None Available | |
| Kay Marjorie | $44,500 | First American | |
| Federal National Mortgage Association | -- | None Available | |
| Federal National Mortgage Association | -- | None Available | |
| Douglas Connie | $125,000 | Colorado Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Selby Judith L | $50,000 | |
| Open | Selby Judith L | $110,000 | |
| Previous Owner | Bye Olaf | $91,963 | |
| Previous Owner | Douglas Connie | $100,000 | |
| Previous Owner | Tripp Gregg A | $48,500 | |
| Previous Owner | Tripp Gregg A | $150,000 | |
| Previous Owner | Tripp Gregg A | $25,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2022 08/18/22 | Sold | $260,000 | 0.0% | $271 / Sq Ft |
| 07/14/2022 07/14/22 | Pending | -- | -- | -- |
| 07/08/2022 07/08/22 | For Sale | $260,000 | -- | $271 / Sq Ft |
Source: Colorado Real Estate Network (CREN)
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 | $741 | $14,404 | $1,898 | $12,506 |
| 2023 | $741 | $18,782 | $2,475 | $16,307 |
| 2022 | $629 | $13,002 | $1,130 | $11,872 |
| 2021 | $640 | $13,002 | $1,130 | $11,872 |
| 2020 | $548 | $11,568 | $1,243 | $10,325 |
| 2019 | $549 | $11,568 | $1,243 | $10,325 |
| 2018 | $569 | $8,930 | $1,120 | $7,810 |
| 2017 | $566 | $8,930 | $1,120 | $7,810 |
| 2016 | $456 | $7,940 | $1,240 | $6,700 |
| 2015 | $419 | $115,730 | $0 | $0 |
| 2014 | $488 | $7,940 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Adams
Seller's Agent in 2022
Paul Adams
Regents Real Estate Group Inc.
(970) 394-0688
65 Total Sales
Map
Source: Colorado Real Estate Network (CREN)
MLS Number: 795915
APN: R009429
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