2278 Elizabeth Way Montrose, CO 81401
4
Beds
2.5
Baths
1,812
Sq Ft
7,841
Sq Ft Lot
Highlights
- RV or Boat Parking
- Corner Lot
- 2 Car Attached Garage
- Deck
- Formal Dining Room
- Forced Air Heating System
About This Home
As of May 2025Welcome to this inviting and incredibly flexible home tucked in the heart of the beloved English Gardens neighborhood—where comfort, space, and freedom come together in perfect harmony. With no HOA and a versatile floor plan designed for multi-generational living, this home is ready to adapt to your lifestyle. From the moment you arrive, the curb appeal draws you in, and the generous driveway and RV parking offer plenty of space for all your vehicles, toys, RVs or trailers . Inside, you’ll love the open layout—perfect for gathering with loved ones or hosting memorable get togethers. The thoughtfully designed kitchen offers abundant counter space and cabinetry, plus seamless access to the backyard for easy indoor-outdoor entertaining. With two oversized and cozy living areas, there’s room for everyone to unwind, enjoy privacy, or come together under one roof. Step outside to your fully-fenced backyard oasis, complete with a low-maintenance Trex deck—an ideal spot to enjoy your morning coffee or evening wine. A newer furnace adds peace of mind, while the freedom of no HOA means you can truly make this home your own. Whether you’re looking for space to spread out, host family, or simply enjoy your own corner of the world—this property delivers. Don’t miss this rare opportunity—schedule your private tour with your favorite agent today!
Last Agent to Sell the Property
Keller Williams Colorado West Realty Listed on: 04/09/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,467
Year Built
- Built in 1992
Lot Details
- 7,841 Sq Ft Lot
- Privacy Fence
- Vinyl Fence
- Back Yard Fenced
- Corner Lot
- Sprinkler System
Home Design
- Split Level Home
- Brick Exterior Construction
- Composition Roof
- Stick Built Home
Interior Spaces
- Formal Dining Room
- Walk-Out Basement
Kitchen
- Oven or Range
- Dishwasher
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Upstairs
Parking
- 2 Car Attached Garage
- RV or Boat Parking
Outdoor Features
- Deck
Schools
- Pomona K-5 Elementary School
- Columbine 6-8 Middle School
- Montrose 9-12 High School
Utilities
- Evaporated cooling system
- Forced Air Heating System
- Heating System Uses Natural Gas
- Gas Water Heater
- Internet Available
- Cable TV Available
Community Details
- Heatherwood Subdivision
Listing and Financial Details
- Assessor Parcel Number 376735222013
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 9, 2025
Closed on
May 15, 2025
Sold by
Reed Andrew R
Bought by
Cervantes Andrea A
Seller's Agent
Andrew Reed
Keller Williams Colorado West Realty
Buyer's Agent
Andrew Reed
Keller Williams Colorado West Realty
List Price
$420,000
Sold Price
$380,000
Premium/Discount to List
-$40,000
-9.52%
Total Days on Market
1
Views
12
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
$9,255
Avg. Annual Appreciation
45.95%
Original Mortgage
$100,000
Outstanding Balance
$100,000
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$317,668
Purchase Details
Closed on
Jul 13, 2017
Sold by
Phillips Laurence A and Phillips Barbara Ann
Bought by
Reed Andrew R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,196
Interest Rate
4.4%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 23, 1995
Sold by
H & P Construction Co Inc
Bought by
Phillips Barbara A
Purchase Details
Closed on
Jan 16, 1992
Sold by
Phillips Construction Co Inc
Bought by
H & P Construction Co Inc
Similar Homes in Montrose, 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $380,000 | Fntc (Fidelity National Title) | |
| Personal Reps Deed | $210,000 | Land Title Guarantee Co | |
| Warranty Deed | $102,400 | -- | |
| Warranty Deed | $243,200 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | New Conventional | |
| Previous Owner | $256,560 | New Conventional | |
| Previous Owner | $185,788 | FHA | |
| Previous Owner | $206,196 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2025 05/15/25 | Sold | $380,000 | -9.5% | $210 / Sq Ft |
| 04/10/2025 04/10/25 | Pending | -- | -- | -- |
| 04/09/2025 04/09/25 | For Sale | $420,000 | -- | $232 / 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 | $1,467 | $20,360 | $3,120 | $17,240 |
| 2023 | $1,467 | $24,940 | $3,820 | $21,120 |
| 2022 | $1,203 | $17,240 | $2,780 | $14,460 |
| 2021 | $1,240 | $17,740 | $2,860 | $14,880 |
| 2020 | $1,099 | $16,160 | $2,470 | $13,690 |
| 2019 | $1,106 | $16,160 | $2,470 | $13,690 |
| 2018 | $920 | $13,100 | $1,990 | $11,110 |
| 2017 | $912 | $13,100 | $1,990 | $11,110 |
| 2016 | $889 | $12,970 | $2,010 | $10,960 |
| 2015 | $873 | $12,970 | $2,010 | $10,960 |
| 2014 | $749 | $11,890 | $2,010 | $9,880 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Andrew Reed
Keller Williams Colorado West Realty
(970) 765-6546
176 Total Sales
Map
Source: Colorado Real Estate Network (CREN)
MLS Number: 822736
APN: R0009386
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