NOT LISTED FOR SALE

321 E N Cortez, CO 81321

Estimated Value: $340,241

4 Beds
2 Baths
1,479 Sq Ft
$230/Sq Ft Est. Value

Last Sold March 11, 2024

Last sale price $327,300 $221 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,189/month

522 Days on Market

Highlights

  • Wood Flooring
  • Double Pane Windows
  • 1-Story Property
  • Corner Lot
  • Shed
  • Landscaped

About This Home

As of March 2024

This property just north of Main St in Cortez is a must see! Having historically been used as professional office space, this property would also make a great residence! The home is warm and comfortable, with custom wood trim and lovely wood floors. Walk in to a spacious and welcoming living area adjacent to a sunny, large kitchen space. There are currently 4 office spaces that could be converted to bedrooms and 2 bathrooms. ADA guidelines have been followed to allow full accessibility for everyone. The garage space was remodeled in 2021 to provide 2 additional office spaces and a bathroom, and is also ADA accessible. For additional income, this structure could remain rentable office space or could easily be converted to a studio apartment. Outside, the property provides ample off street parking. The front is xeriscaped, has a drip system for watering and a heated sidewalk for ease of access. There is an area on the west end of the property where an additional structure of up to 800 square feet can be built (there is a sewer line and water line to the location and the architectural plans have been approved by the city). The options for this property are endless: income producing for the investor, a space for your business, or a wonderful residence. Schedule a showing today!

Last Agent to Sell the Property

Allison Klein

United Country Blue Sky Homes and Land Listed on: 08/29/2022

United Country Blue Sky Homes and Land

Last Buyer's Agent

Mindi Clark

United Country Blue Sky Homes and Land

United Country Blue Sky Homes and Land

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,189

Year Built

  • Built in 1926

Lot Details

  • 10,454 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped
  • Corner Lot
  • Property is zoned Mixed-Use

Home Design

  • Metal Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 1,479 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Microwave
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Shed

Schools

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

Utilities

  • Baseboard Heating
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 561126125011

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,189

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Appliance Inclusions: Refrigerator, Microwave
  • Estimated Total Acres: 0.24
  • Class: RESIDENTIAL
  • Em Deposit: 4500
  • Em Holder: Title Company
  • Exterior Inclusions: Shed/Storage, Landscaping
  • Legal Lot Block: Subdivision: FR COFFINS ADD Lot: 16-18 Block: 6B326 P669 B513 P206
  • Lot Dimension: 10454
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 561126125011
  • Price Per Sq Ft: 221.3
  • Property Description: Corner
  • Real Estate Included: Yes
  • Realist Id: 5611-261-25-011
  • Residence Stories: One Story
  • Sale/Rent: For Sale
  • Siding: Stucco
  • Sold Price Sq Ft: 221.3
  • Street Descriptionaccess: City/Town
  • Zoning: Mixed-Use
  • Type: Stick Built
  • Internet Provider: TDS
  • Internet Service: Yes
  • Total Taxes Dollar: 2189.08
  • Year Built: 1926
  • Foreign Owned Y N: No
  • Prop Description Remarks: This property just north of Main St in Cortez is a must see! Having historically been used as professional office space, this property would also make a great residence! The home is warm and comfortable, with custom wood trim and lovely wood floors. Walk in to a spacious and welcoming living area adjacent to a sunny, large kitchen space. There are currently 4 office spaces that could be converted to bedrooms and 2 bathrooms. ADA guidelines have been followed to allow full accessibility for everyone. The garage space was remodeled in 2021 to provide 2 additional office spaces and a bathroom, and is also ADA accessible. For additional income, this structure could remain rentable office space or could easily be converted to a studio apartment. Outside, the property provides ample off street parking. The front is xeriscaped, has a drip system for watering and a heated sidewalk for ease of access. There is an area on the west end of the property where an additional structure of up to 800 square feet can be built (there is a sewer line and water line to the location and the architectural plans have been approved by the city). The options for this property are endless: income producing for the investor, a space for your business, or a wonderful residence. Schedule a showing today!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Dining Room: Kitchen/Dining
  • Bedrooms: 4
  • Flooring: Hardwood
  • Estimated Total Sq Ft: 1479
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Foundation: Basement-below grade
  • Total Office Den: 0

Exterior Features

  • Fence: Partial Property
  • Windows: Double Pane, Vinyl
  • Construction Type: Wood Frame
  • Exterior Structures: Shed
  • Roof: Metal

Utilities

  • Utilities: Electric, Natural Gas, Internet
  • Electric Supplier: Empire Electric Association, Inc
  • Gas Supplier: Atmos Energy
  • Heating System: Electric Baseboard
  • Sewer Supplier: City of Cortez
  • Water Heater: Gas Water Heater
  • Water Supplier: City of Cortez

Schools

  • Elementary School: Kemper 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: 2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2022
Closed on
Mar 11, 2024
Sold by
Bryan Wellness Center Llc
Bought by
County Of Montezuma And State Of Colorado
Seller's Agent
Allison Klein
United Country Blue Sky Homes and Land
Buyer's Agent
Mindi Clark
United Country Blue Sky Homes and Land
List Price
$480,000
Sold Price
$327,300
Premium/Discount to List
-$152,700
-31.81%
Views
291
Current Estimated Value
$340,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,941
Avg. Annual Appreciation
2.48%

Purchase Details

Closed on
Nov 17, 2022
Sold by
Anderson Richard A
Bought by
7Th Street Llc

Purchase Details

Closed on
Jun 27, 2019
Sold by
Cain Jeanne E
Bought by
Bryan Wellness Center Llc

Purchase Details

Closed on
Nov 2, 1999
Sold by
Simpson Carl R
Bought by
Cain Leonard W and Cain Jeanne E
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
County Of Montezuma And State Of Colorado $327,300 None Listed On Document
7Th Street Llc -- First American Title
Bryan Wellness Center Llc $215,000 None Available
Cain Leonard W $131,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2024 03/11/24 Sold $327,300 -11.3% $221 / Sq Ft
02/02/2024 02/02/24 Pending -- -- --
12/01/2023 12/01/23 Price Changed $369,000 -6.6% $249 / Sq Ft
05/25/2023 05/25/23 Price Changed $395,000 -1.3% $267 / Sq Ft
04/20/2023 04/20/23 Price Changed $400,000 -6.3% $270 / Sq Ft
11/15/2022 11/15/22 Price Changed $427,000 -8.2% $289 / Sq Ft
10/07/2022 10/07/22 Price Changed $465,000 -3.1% $314 / Sq Ft
08/29/2022 08/29/22 For Sale $480,000 -- $325 / 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 $4,535 $77,201 $5,568 $71,633
2023 $4,535 $85,901 $5,568 $80,333
2022 $2,214 $39,976 $5,655 $34,321
2021 $2,189 $39,976 $5,655 $34,321
2020 $1,716 $32,549 $6,104 $26,445
2019 $1,720 $32,549 $6,104 $26,445
2018 $2,849 $44,690 $6,100 $38,590
2017 $2,834 $44,690 $6,100 $38,590
2016 $2,217 $38,590 $6,100 $32,490
2015 $2,035 $210,280 $0 $0
2014 $2,370 $38,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 797748

Colorado Real Estate Network (CREN)

APN: R009134