NOT LISTED FOR SALE

31 S 5th St Montrose, CO 81401

Estimated Value: $281,000 - $311,000

3 Beds
1 Bath
1,018 Sq Ft
$295/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $275,000 $270 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,644/month

Highlights

  • Covered Patio or Porch
  • Shed
  • Forced Air Heating and Cooling System
  • Double Pane Windows
  • 1-Story Property
  • Property is Fully Fenced

About This Home

As of August 2022

Charming home downtown Montrose. This home has been extensively remodeled, including a new kitchen with new cabinets, counter tops, and appliances. There is a new electrical panel with updated wiring throughout the home and new light fixtures. There is a whole house surge protector installed to the main service panel. The home has new carpet and windows. A barn door leads to the nicely sized bedrooms. The bathroom has been updated as well and has built in cabinets for storage. With central air and natural gas forced air heat this home is super efficient. The furnace was replaced in 2017 and the water heater is new. The back yard has 2 large sheds. The larger shed has it's own electrical panel and has been insulated with an a/c - heat unit installed. The property is fully fenced with alley access from the back and plenty of parking. The front and back porch are newly added and the roof was replaced in 2019. There have been so many great improvements to this home you must come take a look for yourself!!

Last Agent to Sell the Property

Christine Kersen

NextHome Virtual Listed on: 06/20/2022

NextHome Virtual

Last Buyer's Agent

Andrew Reed

Keller Williams Colorado West Realty

Keller Williams Colorado West Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $656

Year Built

  • Built in 1914

Lot Details

  • 6,273 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Composition Roof
  • Stick Built Home

Interior Spaces

  • 1,018 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • Pomona K-5 Elementary School
  • Centennial 6-8 Middle School
  • Montrose 9-12 High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 376733102008

Home Details

Home Type

Single Family

Est. Annual Taxes

$656

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave, Freezer
  • Estimated Total Acres: 0.144
  • Class: RESIDENTIAL
  • Em Deposit: 5000.00
  • Em Holder: Land Title
  • Exterior Inclusions: Shed/Storage, Covered Porch
  • Legal Lot Block: SUBD: SELIGS ADDN BLOCK: 87 LOT: 19 AND:- LOT: 20 S: 33 T: 49 R: 9
  • List Price per Sq Ft: 265.13
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 376733102008
  • Price Per Sq Ft: 270.14
  • Real Estate Included: Yes
  • Realist Id: 3767-331-02-008
  • Residence Stories: One Story
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 270.14
  • Street Designation: Street
  • Tax Account Id: R0003008
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Service: Yes
  • Total Taxes Dollar: 655.56
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Bedrooms: 3
  • Estimated Total Sq Ft: 1018
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Foundation: Basement-unfinished
  • Total Office Den: 0

Exterior Features

  • Fence: Full Property
  • Windows: Double Pane
  • Construction Type: Wood Frame
  • Exterior Structures: Shed
  • Roof: Composition

Utilities

  • Utilities: Electric, Natural Gas, Internet
  • Cooling: Central A/C
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Heating System: Forced Air
  • Sewer Supplier: City of Montrose
  • Water Supplier: City of Montrose

Schools

  • Elementary School: Pomona K-5
  • Middle School: Centennial 6-8
  • High School: Montrose 9-12
  • High School: Montrose 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

MLS Schools

  • Elementary School: Pomona K-5
  • Middle School: Centennial 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2022
Closed on
Sep 29, 2022
Sold by
Romano Jesus
Bought by
Romano Jesus and Rodriguez Gerardo Segura
Seller's Agent
Christine Kersen
NextHome Virtual
Buyer's Agent
Andrew Reed
Keller Williams Colorado West Realty
List Price
$299,999
Sold Price
$275,000
Premium/Discount to List
-$24,999
-8.33%
Current Estimated Value
$300,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,601
Avg. Annual Appreciation
2.84%
Original Mortgage
$268,823
Outstanding Balance
$256,573
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$44,028

Purchase Details

Listed on
Jun 20, 2022
Closed on
Aug 22, 2022
Sold by
Saunders Greg E
Bought by
Romano Jesus
Seller's Agent
Christine Kersen
NextHome Virtual
Buyer's Agent
Andrew Reed
Keller Williams Colorado West Realty
List Price
$299,999
Sold Price
$275,000
Premium/Discount to List
-$24,999
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,823
Outstanding Balance
$256,573
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$44,028

Purchase Details

Closed on
Nov 20, 2017
Sold by
Salzar Steve and Salzar Tara
Bought by
Saunder Rs Lisa R and Saunder Greg E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,313
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2005
Sold by
Wynne L Jean
Bought by
Salazar Steve and Salazar Tara

Purchase Details

Closed on
Nov 5, 1973
Sold by
Chatham Paul M and Chatham Ethel E
Bought by
Chatham Ernest C and Chatham Jean Wynne
Source: Public Records

Range of Values:

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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
Romano Jesus -- --
Romano Jesus $275,000 None Listed On Document
Saunder Rs Lisa R $130,000 Land Title Guarantee Co
Salazar Steve $60,000 First American Heritage Titl
Chatham Ernest C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romano Jesus $268,823
Previous Owner Saunder Rs Lisa R $131,313
Closed Romano Jesus $10,752
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2022 08/22/22 Sold $275,000 +1.9% $270 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
06/29/2022 06/29/22 Price Changed $269,900 -10.0% $265 / Sq Ft
06/20/2022 06/20/22 For Sale $299,999 -- $295 / 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 $820 $11,520 $2,790 $8,730
2023 $820 $15,780 $3,820 $11,960
2022 $741 $10,770 $2,780 $7,990
2021 $764 $11,080 $2,860 $8,220
2020 $635 $9,470 $2,470 $7,000
2019 $640 $9,470 $2,470 $7,000
2018 $513 $7,410 $1,990 $5,420
2017 $601 $8,750 $1,990 $6,760
2016 $602 $8,910 $2,010 $6,900
2015 $591 $8,910 $2,010 $6,900
2014 $522 $8,420 $2,010 $6,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 795089

Colorado Real Estate Network (CREN)

APN: R0003008