$263,000
SOLD FEB 7, 2025

240 S Elm St Cortez, CO 81321

2 Beds
2 Baths
1,491 Sq Ft
7,100 Sq Ft Lot

Recently Sold

$176 Per Sq Ft

9% Below List Price

140 Days on Market

About This Home

As of February 2025

Discover your dream home! This updated (2018) 2 bed, 2 bath gem features vaulted ceilings and elegant ceramic baths. The gorgeous staircase with a charming landing adds a touch of sophistication. The kitchen is equipped with modern appliances, ready for your culinary adventures. Nestled in a prime in-town location, you can easily walk to stores and restaurants. The fenced yard is perfect for pets, and you'll appreciate the convenience of two outbuildings. Call today to view this lovely home.

Last Agent to Sell the Property

Crystal Gutherie

eXp Realty, LLC Listed on: 07/31/2024

eXp Realty, LLC

Co-Listed By

Hannah VanMeter

eXp Realty, LLC

Last Buyer's Agent

Tim Singleton

4 Corners Properties Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $151

Year Built

  • Built in 1937

Home Design

  • 1,491 Sq Ft Home
  • Stick Built Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Additional Features

  • 7,100 Sq Ft Lot
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 561126321007

Home Details

Home Type

Single Family

Est. Annual Taxes

$151

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Estimated Total Acres: 0.163
  • Class: RESIDENTIAL
  • Em Deposit: 2000.00
  • Em Holder: Colorado Title
  • Legal Lot Block: Subdivision: TOWN OF CORTEZ Lot: 21-22 Block: 53 B608 P933 B609 P910 B623 P112 R/475044 R/474772 R/477936
  • Parcel Id Number: 561126321007
  • Price Per Sq Ft: 176.39
  • Property Attached: Yes
  • Real Estate Included: Yes
  • Realist Id: 5611-263-21-007
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 176.39
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Service: Yes
  • Total Taxes Dollar: 150.60
  • Year Built: 1937
  • Foreign Owned Y N: No
  • Prop Description Remarks: Discover your dream home! This updated (2018) 2 bed, 2 bath gem features vaulted ceilings and elegant ceramic baths. The gorgeous staircase with a charming landing adds a touch of sophistication. The kitchen is equipped with modern appliances, ready for your culinary adventures. Nestled in a prime in-town location, you can easily walk to stores and restaurants. The fenced yard is perfect for pets, and you'll appreciate the convenience of two outbuildings. Call today to view this lovely home.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Estimated Total Sq Ft: 1491
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Total Office Den: 0

Utilities

  • Electric Supplier: Empire Electric Association, Inc
  • Gas Supplier: Atmos Energy
  • Sewer Supplier: City of Cortez
  • Water Supplier: City of Cortez

Schools

  • Elementary School: Mesa 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

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Mesa K-5
  • Middle School: Cortez 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2024
Closed on
Feb 7, 2025
Sold by
Shepherd Morgan and Shepherd Izik
Bought by
Mounier John M and Mounier Hope E
Seller's Agent
Crystal Gutherie
eXp Realty, LLC
Buyer's Agent
Tim Singleton
4 Corners Properties Inc.
List Price
$289,000
Sold Price
$263,000
Premium/Discount to List
-$26,000
-9%
Views
61
Current Estimated Value
$256,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,365
Avg. Annual Appreciation
0.99%
Original Mortgage
$10,329
Outstanding Balance
$8,728
Interest Rate
6.85%
Mortgage Type
FHA
Estimated Equity
$255,854

Purchase Details

Closed on
Mar 26, 2020
Sold by
Shepherd Morgan M and Mcafee Morgan M
Bought by
Shepherd Morgan and Shepherd Izik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2013
Sold by
Raymond Ella M and White Ella Mae
Bought by
Mcafee Morgan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,632
Interest Rate
3.67%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 7, 2013
Sold by
Raymond Ella M
Bought by
Mcafee Morgan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,632
Interest Rate
3.67%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 24, 2008
Sold by
White Ella Mae
Bought by
Raymond Ella M

Purchase Details

Closed on
Jan 9, 2008
Sold by
White Marsh Edson
Bought by
White Ella Mae

Purchase Details

Closed on
Jun 1, 1989
Sold by
Tallerico Dianne T
Bought by
Jones Ella M
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 Type Sale Price Title Company
Special Warranty Deed $263,000 None Listed On Document
Interfamily Deed Transfer -- Colorado Ttl & Closing Svcs
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed $12,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,329 FHA
Open $258,236 FHA
Previous Owner $235,000 New Conventional
Previous Owner $136,000 New Conventional
Previous Owner $98,400 Commercial
Previous Owner $57,600 Credit Line Revolving
Previous Owner $20,632 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2025 02/07/25 Sold $263,000 -2.2% $176 / Sq Ft
12/18/2024 12/18/24 Pending -- -- --
12/18/2024 12/18/24 Price Changed $269,000 -3.1% $180 / Sq Ft
12/05/2024 12/05/24 Price Changed $277,500 -2.6% $186 / Sq Ft
10/09/2024 10/09/24 Price Changed $284,900 -1.4% $191 / Sq Ft
07/31/2024 07/31/24 For Sale $289,000 -- $194 / 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 $165 $3,227 $1,050 $2,177
2023 $165 $7,605 $2,475 $5,130
2022 $248 $5,130 $1,130 $4,000
2021 $252 $5,130 $1,130 $4,000
2020 $229 $4,836 $1,243 $3,593
2019 $230 $4,836 $1,243 $3,593
2018 $206 $3,230 $1,120 $2,110
2017 $205 $3,230 $1,120 $2,110
2016 $190 $3,310 $1,240 $2,070
2015 $175 $48,220 $0 $0
2014 $203 $3,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Crystal Gutherie

    Seller's Agent in 2025

    Crystal Gutherie

    eXp Realty, LLC

    (970) 394-0215

    115 Total Sales

    Crystal Gutherie
    Section Image
  • Hannah VanMeter

    Seller Co-Listing Agent in 2025

    Hannah VanMeter

    eXp Realty, LLC

    (217) 520-1393

    66 Total Sales

    Hannah VanMeter
    Section Image
  • Tim Singleton

    Buyer's Agent in 2025

    Tim Singleton

    4 Corners Properties Inc.

    (970) 739-0190

    117 Total Sales

    Tim Singleton
    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 816588

Colorado Real Estate Network (CREN)

APN: R009718

Colorado Montezuma County Cortez 81321

240 S Elm St, Cortez, CO

This home is located at 240 S Elm St, Cortez, CO 81321 and is currently priced at $263,000, approximately $176 per square foot. This property was built in 1937. 240 S Elm St is a home located in Montezuma County with nearby schools including Montezuma-Cortez High School, Children's Kiva Montessori School, and Children's Kiva Montessori Preschool & Kindergarten.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Colorado Real Estate Network (CREN) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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