NOT LISTED FOR SALE

226 N Elm St Cortez, CO 81321

Estimated Value: $259,934 - $281,000

3 Beds
1 Bath
960 Sq Ft
$283/Sq Ft Est. Value

Last Sold August 18, 2022

Last sale price $260,000 $271 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,560/month

6 Days on Market

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 2022

Ideal 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.

Last Agent to Sell the Property

Paul Adams

Regents Real Estate Group Inc. Listed on: 07/08/2022

Last Buyer's Agent

Paul Adams

Regents Real Estate Group Inc. Listed on: 07/08/2022

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$640

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Washer, Dryer
  • Estimated Total Acres: 0.163
  • Class: RESIDENTIAL
  • Em Deposit: 3000
  • Em Holder: Title Company
  • Interior Inclusions: Part Furnished
  • Legal Lot Block: SUBDIVISION: CORTEZ ORIGINAL LOT: 15-16 BLOCK: 12 B635 P229 B715 P58 B713 P115 R/487375-76
  • List Price per Sq Ft: 270.83
  • Livestock Allowed: Poultry
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 561126233007
  • Price Per Sq Ft: 270.83
  • Real Estate Included: Yes
  • Realist Id: 5611-262-33-007
  • Residence Stories: One Story
  • Residence Style: Victorian
  • Sale/Rent: For Sale
  • Siding: Stucco
  • Sold Price Sq Ft: 270.83
  • Street Descriptionaccess: City/Town
  • Tax Account Id: R009429
  • Zoning: Residential Single Family, Live/Work, Mixed-Use
  • Type: Stick Built
  • Internet Provider: TDS
  • Internet Service: Yes
  • Total Taxes Dollar: 639.52
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Bedrooms: 3
  • Flooring: Hardwood
  • Estimated Total Sq Ft: 960
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Foundation: Basement-dug out, Basement-unfinished
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Fence: Partial Property
  • Windows: Double Pane
  • Construction Type: Wood
  • Exterior Structures: Garage
  • Roof: Metal

Utilities

  • Utilities: Electric, Natural Gas, Cable TV, Internet, Phone - Landline
  • Cooling: Central A/C
  • Electric Supplier: Empire Electric Association, Inc
  • Gas Supplier: Atmos Energy
  • Heating System: Forced Air
  • Sewer Supplier: Cortez Sanitation District
  • Water Heater: Gas Water Heater
  • 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

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Water Conservation: Reclamation

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
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
Current Estimated Value
$271,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,214
Avg. Annual Appreciation
-0.08%
Original Mortgage
$110,000
Outstanding Balance
$106,418
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$152,969

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
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 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

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 $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

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 795915

Colorado Real Estate Network (CREN)

APN: R009429