NOT LISTED FOR SALE

2605 S Townsend Ave Montrose, CO 81401

Estimated Value: $611,045

1.05 Acres
$581,948 Price per Acre
45,738 Sq Ft Lot

Last Sold March 14, 2022

Last sale price $700,000

Est. 13% decrease in value since last sale

Current estimated payment $4,127/month

About This Lot

As of March 2022

Prime Commercial Lot in Booming S. Townsend Corridor Excellent South Townsend/Hwy 550 Visibility 1.06 acres (MOL) vacant paved lot. Excellent investment/development potential. Great location in booming South Corridor. 180+ feet of Townsend/Hwy 550 frontage. Accesses on both Townsend and Anderson Road. Zoned B-3 in the City of Montrose. Located just North of Home Depot, Walmart and Target on South Townsend. High visibility and traffic count with 26,000+ daily vehicles.

Last Agent to Sell the Property

John Renfrow

Renfrow Realty Listed on: 01/21/2021

Last Buyer's Agent

Montrose NON MEMBER

NON-MEMBER/FSBO Montrose

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,325

Lot Details

  • 1.05 Acre Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned Business, Commercial

Schools

  • Cottonwood K-5 Elementary School
  • Columbine 6-8 Middle School
  • Montrose 9-12 High School

Additional Features

  • Mountain Views
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 399304256001

Property Details

Property Type

Land

Est. Annual Taxes

$8,325

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Title Company
  • Legal Lot Block: Subd: DEL TACO SUBD AMENDED Lot: 1 S: 4 T: 48 R: 9
  • Lot Dimension: 46086 sq ft
  • Lot Size Acreage: 1-5 Acres
  • Parcel Id Number: 399304256001
  • Property Description: Cleared
  • Street Descriptionaccess: State Highway, City/Town, Paved, 150'+ Frontage
  • Street Designation: Avenue
  • Tax Account Id: R0023563
  • Zoning: Business, Commercial
  • Domestic Sewer: Sewer Tap Available
  • Domestic Water: Public, Tap Available
  • Type: Commercial
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 1.05
  • Current Property Use: Commercial
  • Em Deposit: 2.0% of purchase price
  • Possible Property Use: Commercial
  • Topography: Level
  • Price per Sq Ft: 16.4
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 666666.67
  • Water Tap Available: Yes
  • Total Taxes Dollar: 8325.00
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains

Utilities

  • Utilities: Electricity Near, Phone Near, Natural Gas Near
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Water Supplier: City Of Montrose

Schools

  • High School: Montrose 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2020

MLS Schools

  • Elementary School: Cottonwood K-5
  • Middle School: Columbine 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2025
Sold by
Milk Creek Development Llc
Bought by
James E Obannon And Susie C Obannon Revocable and Obannon
Current Estimated Value
$611,045

Purchase Details

Listed on
Jan 21, 2021
Closed on
Mar 11, 2022
Sold by
Hill Companies Colorado Llc
Bought by
Milk Crate Development Llc
Seller's Agent
John Renfrow
Renfrow Realty
Buyer's Agent
Montrose NON MEMBER
NON-MEMBER/FSBO Montrose
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.67%

Purchase Details

Closed on
Jan 31, 2018
Sold by
Hiden Lakeland Company Llc
Bought by
The Hill Companies Colorado Lllc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
James E Obannon And Susie C Obannon Revocable $608,548 None Listed On Document
Milk Crate Development Llc $700,000 Land Title
The Hill Companies Colorado Lllc $559,000 Land Title Guarantee Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2022 03/14/22 Sold $700,000 -6.7% --
10/11/2021 10/11/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $750,000 -- --
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 $10,959 $152,050 $152,050 $0
2023 $10,959 $158,040 $158,040 $0
2022 $9,098 $130,350 $130,350 $0
2021 $9,108 $130,350 $130,350 $0
2020 $8,325 $122,450 $122,450 $0
2019 $8,379 $122,450 $122,450 $0
2018 $8,216 $117,020 $117,020 $0
2017 $8,150 $117,020 $117,020 $0
Source: Public Records

Agents Affiliated with this Home

  • John Renfrow

    Seller's Agent in 2022

    John Renfrow

    Renfrow Realty

    (970) 275-4004

    172 Total Sales

    John Renfrow
    Section Image

  • M

    Buyer's Agent in 2022

    Montrose NON MEMBER

    NON-MEMBER/FSBO Montrose

See All Agents

Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 778074

Colorado Real Estate Network (CREN)

APN: R0023563

Colorado Montrose County Montrose 81401

2605 S Townsend Ave, Montrose, CO

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.

Nearby Homes