NOT LISTED FOR SALE

25174 Road N.8 Loop Cortez, CO 81321

Estimated Value: $662,000 - $1,043,000

3 Beds
2.5 Baths
2,517 Sq Ft
$330/Sq Ft Est. Value

Last Sold May 05, 2021

Last sale price $650,000 $258 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,532/month

35 Days on Market

Highlights

  • 3 Car Attached Garage
  • 3 Irrigated Acres
  • Ceiling Fan
  • Sound System
  • Landscaped

About This Home

As of May 2021

An exquisite home on 3 acres, this custom built Santa Fe style home has incredible character and attention to detail. From the handmade doors sourced from an artisan in Santa Fe, to the custom tiling and cabinetry, the attention to detail is immaculate. Enjoy relaxing evenings in front of your large fireplace soaking in sunsets over Mesa Verde in the amazing living room, with full height floor-to-ceiling windows. The 12' ceiling height lends itself to an open and inviting atmosphere, while the in-floor radiant heat and concrete floors keep the home quiet and soothing. ICF construction from the footings to the roofline ensure superior insulation and quiet. A large den space provides for an excellent work area, and enjoys its own exterior doors and outdoor patio. The extensive landscaping ensures low maintenance, from the mature trees to the rock walls, you'll enjoy your privacy and views. The attached oversized 3 car garage allows ample space to store your vehicles and toys. Come see this stunning home for yourself and enjoy the details layered throughout the home. It truly is stunning. Call and schedule your private viewing today!

Last Agent to Sell the Property

Eric Cheever

Montezuma Real Estate Limited Liability Co. Listed on: 02/18/2021

Last Buyer's Agent

Monique Flora

The Wells Group of Durango, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,398

Year Built

  • Built in 2016

Lot Details

  • 3.01 Acre Lot
  • Landscaped
  • Sprinkler System

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Stick Built Home

Interior Spaces

  • 2,517 Sq Ft Home
  • Sound System
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Schools

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

Farming

  • 3 Irrigated Acres

Utilities

  • Irrigation Water Rights
  • Septic Tank
  • Internet Available

Community Details

  • Lebanon Estates Association

Listing and Financial Details

  • Assessor Parcel Number 561102201011

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,398

Year Built

Built in 2016

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Range Top, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave, Oven-Wall
  • Estimated Irrigation Acres: 3
  • Estimated Total Acres: 3.01
  • Class: RESIDENTIAL
  • Em Deposit: 10000
  • Em Holder: Colorado Title Services
  • Exterior Inclusions: Landscaping, Lawn Sprinklers
  • Interior Inclusions: Window Coverings, Ceiling Fan(s), Sound System, Pantry, Garage Door Opener
  • Legal Lot Block: Subdivision: LEBANON ESTATES MAJOR Lot: 11 3.01AC (NO MIN INT(MC1402) B624 P106
  • List Price per Sq Ft: 268.18
  • Parcel Id Number: 561102201011
  • Price Per Sq Ft: 258.24
  • Real Estate Included: Yes
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 258.24
  • Street Designation: Loop
  • Type: Stick Built
  • HOA Fees: Yes
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: 1398.12
  • Year Built: 2016
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Estimated Total Sq Ft: 2517
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 3
  • Total Office Den: 0

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 3

Utilities

  • Electric Supplier: Empire Electric Association, Inc
  • Gas Supplier: Propane
  • Irrigation Water Description Amount: 2 Shares
  • Irrigation Water District: MVI
  • Sewer Supplier: Septic
  • Water Rights Irrigation: Yes
  • Water Supplier: Montezuma Rural Water Company

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 300
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: Lebanon Estates Association

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: Kemper K-5
  • Middle School: Cortez 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
May 5, 2021
Sold by
Fox Nina and Dougherty Nina M
Bought by
Bobdurant Robert Hadley
Seller's Agent
Eric Cheever
Montezuma Real Estate Limited Liability Co.
Buyer's Agent
Monique Flora
The Wells Group of Durango, LLC
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%
Current Estimated Value
$830,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,269
Avg. Annual Appreciation
5.48%
Original Mortgage
$520,000
Outstanding Balance
$471,250
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$359,019

Purchase Details

Closed on
Jul 10, 2020
Sold by
Dougherty Michael J
Bought by
Dougherty Nina M

Purchase Details

Closed on
Dec 15, 2015
Sold by
Lee Raquel Maria
Bought by
Dougherty Michael J and Dougherty Nina M

Purchase Details

Closed on
Jul 12, 2011
Sold by
Matthews Jerrie L
Bought by
Lee Raquel Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 14, 2007
Sold by
Akey Robert H and Akey Jerrie L
Bought by
Matthews Jerrie L

Purchase Details

Closed on
Oct 31, 2006
Sold by
Haybridge Properties Llc
Bought by
Akey Robert H and Matthews-Akey Jerrie L
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
Bobdurant Robert Hadley $650,000 Colorado Ttl & Closing Svcs
Dougherty Nina M -- None Available
Dougherty Michael J $84,500 None Available
Lee Raquel Maria $87,500 Colorado Land Title Co
Matthews Jerrie L -- None Available
Akey Robert H $55,000 Colorado Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bobdurant Robert Hadley $520,000
Closed Bobdurant Robert Hadley $65,000
Previous Owner Lee Raquel Maria $37,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2021 05/05/21 Sold $650,000 -3.7% $258 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $675,000 -- $268 / 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 $1,670 $32,378 $3,857 $28,521
2023 $1,670 $36,756 $4,378 $32,378
2022 $1,371 $102,855 $15,950 $86,905
2021 $1,396 $102,855 $15,950 $86,905
2020 $1,398 $106,762 $17,110 $89,652
2019 $1,395 $106,762 $17,110 $89,652
2018 $942 $17,110 $17,110 $0
2017 $931 $17,110 $17,110 $0
2016 $952 $17,860 $17,860 $0
2015 $940 $97,320 $0 $0
2014 $917 $17,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 778831

Colorado Real Estate Network (CREN)

APN: R015591