NOT LISTED FOR SALE

307 W Montezuma Ave Cortez, CO 81321

Studio
5 Baths
2,734 Sq Ft
6,098 Sq Ft Lot Lot

Sale Details

Date Sold: June 25, 2025

Last sale price $339,000 $124 Per Sq Ft

88 Days on Market

Highlights

  • Patio
  • Central Air
  • Privacy Fence

About This Home

As of June 2025

This home is located at 307 W Montezuma Ave, Cortez, CO 81321 since 05 February 2025. This property was built in 1948. 307 W Montezuma Ave 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.

Last Agent to Sell the Property

Gina Buchanan

Wells Group Real Estate Listed on: 02/05/2025

Last Buyer's Agent

Robin Rice

eXp Realty, LLC

eXp Realty, LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,180

Year Built

  • Built in 1948

Lot Details

  • 6,098 Sq Ft Lot
  • Privacy Fence

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 5 Full Bathrooms
  • 2,734 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Laminate Flooring
  • Crawl Space
  • Oven or Range

Parking

  • 5 Parking Spaces
  • Off-Street Parking

Schools

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

Additional Features

  • Patio
  • Central Air

Community Details

  • 5 Units
  • Cortez Original Subdivision

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for building insurance, real estate taxes, ext maintenance (bldg), water/sewer, trash
  • Assessor Parcel Number 561126237003

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,180

Year Built

Built in 1948

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator
  • Estimated Total Acres: 0.14
  • Class: Multifamily
  • Em Deposit: 5000
  • Em Holder: Title
  • Exterior Inclusions: Patio
  • Interior Inclusions: Window Coverings
  • Legal Lot Block: Subdivision: Cortez Original Lot: 5-6 Block: 23
  • Lot Size Acreage: Less than 1/2
  • Parcel Id Number: 561126237003
  • Price Per Sq Ft: 123.99
  • Residence Stories: Two Story
  • Sale/Rent: For Sale
  • Siding: Stucco
  • Sold Price Sq Ft: 123.99
  • Street Descriptionaccess: City/Town, Paved
  • Zoning: Live/Work, Residential
  • Domestic Water Sewer: City Water, City Sewer
  • Heating Fuelsystem: Natural Gas, Forced Air
  • Landlord Pays: Building Insurance, Real Estate Taxes, Ext Maintenance (Bldg), Water/Sewer, Trash
  • Metered: Metered for Electricity
  • Multi Story: Yes
  • Type: Apartment Bldg.
  • Total Taxes Dollar: 1179.76
  • Year Built: 1948
  • Prop Description Remarks: RARE MULTIFAMILY INVESTMENT OPPORTUNITY IN CORTEZ CO! This 4-plex plus an additional ADU is located on a fantastic street in downtown Cortez. The 4-plex generates strong cash flow and is easy to keep rented. The new owner could create a ton of value by potentially redeveloping the back ADU into more units. Each unit is 1bd 1ba. Unit 1 was left vacant to allow for showings. Do not miss this prime multi family investment opportunity! Call me today for a showing!
  • Subdv Name: Cortez Original
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1074

Interior Features

  • Flooring: Laminate
  • Estimated Total Sq Ft: 2734
  • Full Bathrooms: 5
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 5
  • Foundation: Crawl Space
  • Total Office Den: 0

Exterior Features

  • Fence: Privacy
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 5
  • Parking: Off Street, 1 per unit, In Rear of Building

Utilities

  • Cooling: Central Air
  • Electric Supplier: Empire Electric Association, Inc
  • Gas Supplier: Atmos Energy
  • Sewer Supplier: Cortez Sanitation District
  • Water Supplier: City of Cortez

Schools

  • High School: Montezuma-Cortez 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Tenant Pays: Electric, Gas
  • Furnished: Unfurnished

Multi Family

  • No. of Units: 5

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Kemper K-5
  • Middle School: Cortez 6-8
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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/25/2025 06/25/25 Sold $339,000 -10.6% $124 / Sq Ft
05/04/2025 05/04/25 Pending -- -- --
04/14/2025 04/14/25 For Sale $379,000 0.0% $139 / Sq Ft
02/09/2025 02/09/25 Pending -- -- --
02/05/2025 02/05/25 For Sale $379,000 -- $139 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,667 $33,036 $1,990 $31,046
2024 $1,667 $22,971 $1,284 $21,687
2023 $1,180 $27,348 $1,528 $25,820
2022 $1,047 $22,116 $1,990 $20,126
2021 $1,087 $22,116 $1,990 $20,126
2020 $873 $18,428 $1,990 $16,438
2019 $875 $18,428 $1,990 $16,438
2018 $992 $15,570 $1,800 $13,770
2017 $987 $15,570 $1,800 $13,770
2016 $884 $15,390 $2,000 $13,390
2015 $812 $223,940 $0 $0
2014 $945 $15,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 821002

Colorado Real Estate Network (CREN)
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