NOT LISTED FOR SALE

326 E 1st St Cortez, CO 81321

Estimated Value: $205,000 - $240,000

2 Beds
1 Bath
973 Sq Ft
$234/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $223,000 $229 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,284/month

80 Days on Market

About This Home

As of July 2024

Wether you're an investor, first time home buyer, or just wanting to downsize and live closer to town this quaint 2bed 1 bath home is waiting for you! Sitting on a large corner lot there's plenty of room for an addition, a garden, or business zoning may allow for a home business opportunity! The home has been consistently rented for three plus years. Current owner will consider carrying financing for a qualified buyer with appropriate down payment contact agent for terms and details. Plans for an addition are available upon request. Schedule showing today! This adorable updated 2br. 1 bath sits on a large lot and could be used as commercial or residential. Some of the updates include new flooring, completely remolded bathroom, fresh paint throughout, and new tile in the kitchen and laundry room. Conveniently located in downtown Cortez! Come take a look today!

Last Agent to Sell the Property

Gina Buchanan

The Wells Group of Durango, LLC Listed on: 03/20/2024

Last Buyer's Agent

Steven Mills

Bluebird Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $672

Year Built

  • Built in 1945

Lot Details

  • 6,970

Parking

  • 1 Car Attached Garage

Home Design

  • 973 Sq Ft Home
  • Stick Built Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Additional Features

  • 6,970 Sq Ft Lot
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 561126403010

Home Details

Home Type

Single Family

Est. Annual Taxes

$672

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Estimated Total Acres: 0.16
  • Class: RESIDENTIAL
  • Em Deposit: 2,000
  • Em Holder: Title company
  • Legal Lot Block: Subdivision: FR COFFINS ADD Lot: 23-24 Block: 11 B449 P615 B473 P164
  • Parcel Id Number: 561126403010
  • Price Per Sq Ft: 229.19
  • Real Estate Included: Yes
  • Realist Id: 5611-264-03-010
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 229.19
  • Type: Stick Built
  • Internet Provider: Spectrum/Charter
  • Internet Service: Yes
  • Total Taxes Dollar: 672.36
  • Year Built: 1945
  • Foreign Owned Y N: No
  • Prop Description Remarks: Wether you're an investor, first time home buyer, or just wanting to downsize and live closer to town this quaint 2bed 1 bath home is waiting for you! Sitting on a large corner lot there's plenty of room for an addition, a garden, or business zoning may allow for a home business opportunity! The home has been consistently rented for three plus years. Current owner will consider carrying financing for a qualified buyer with appropriate down payment contact agent for terms and details. Plans for an addition are available upon request. Schedule showing today! This adorable updated 2br. 1 bath sits on a large lot and could be used as commercial or residential. Some of the updates include new flooring, completely remolded bathroom, fresh paint throughout, and new tile in the kitchen and laundry room. Conveniently located in downtown Cortez! Come take a look today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Estimated Total Sq Ft: 973
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Total Office Den: 0

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 1

Utilities

  • Electric Supplier: Empire Electric Association, Inc
  • Gas Supplier: Atmos Energy
  • Sewer Supplier: City of Cortez
  • 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: 2024

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
Jun 27, 2024
Sold by
Youngquist Trust
Bought by
Mills Davis Errol and Prout Suzanne Sydney
Seller's Agent
Gina Buchanan
The Wells Group of Durango, LLC
Buyer's Agent
Steven Mills
Bluebird Real Estate, LLC
List Price
$245,700
Sold Price
$223,000
Premium/Discount to List
-$22,700
-9.24%
Views
72
Current Estimated Value
$227,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,750
Avg. Annual Appreciation
2.41%

Purchase Details

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

Purchase Details

Listed on
Jun 28, 2021
Closed on
Jul 27, 2021
Sold by
Imel Noel D and Imel Mary M
Bought by
The Youngquist Trust
Seller's Agent
Gina Buchanan
The Wells Group of Durango, LLC
Buyer's Agent
Gina Buchanan
The Wells Group of Durango, LLC
List Price
$188,000
Sold Price
$180,000
Premium/Discount to List
-$8,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%

Purchase Details

Listed on
Dec 7, 2020
Closed on
Dec 31, 2020
Sold by
Mckelvie Nancy and Estate Of Byron Mckelvie
Bought by
Imel Noel D and Imel Mary M
Seller's Agent
Scott Wallace
4 Corners Properties, Inc.
Buyer's Agent
Crystal Gutherie
eXp Realty, LLC
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
91.77%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mills Davis Errol $223,000 None Listed On Document
7Th Street Llc -- First American Title
The Youngquist Trust $180,000 Colorado Ttl & Closing Svcs
Imel Noel D $125,000 Colorado Ttl & Closing Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mckelvie Byron $5,250
Previous Owner Mckelvie Byron $127,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $223,000 -9.2% $229 / Sq Ft
06/08/2024 06/08/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $245,700 +36.5% $253 / Sq Ft
07/28/2021 07/28/21 Sold $180,000 -4.3% $185 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $188,000 +50.4% $193 / Sq Ft
01/05/2021 01/05/21 Sold $125,000 0.0% $128 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
12/07/2020 12/07/20 For Sale $125,000 -- $128 / 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 $514 $9,992 $1,063 $8,929
2023 $514 $14,369 $1,528 $12,841
2022 $302 $6,238 $1,552 $4,686
2021 $307 $6,238 $1,552 $4,686
2020 $303 $6,387 $1,676 $4,711
2019 $303 $6,387 $1,676 $4,711
2018 $427 $6,700 $1,520 $5,180
2017 $425 $6,700 $1,520 $5,180
2016 $383 $6,670 $1,680 $4,990
2015 $176 $90,380 $0 $0
2014 $204 $3,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gina Buchanan

    Seller's Agent in 2024

    Gina Buchanan

    The Wells Group of Durango, LLC

    (970) 799-2133

    80 Total Sales

    Gina Buchanan
    Section Image
  • Steven Mills

    Buyer's Agent in 2024

    Steven Mills

    Bluebird Real Estate, LLC

    (970) 596-0292

    38 Total Sales

    Steven Mills
    Section Image

  • S

    Seller's Agent in 2021

    Scott Wallace

    4 Corners Properties, Inc.

    (970) 749-7992

    78 Total Sales

    Scott Wallace
    Section Image
  • Crystal Gutherie

    Seller Co-Listing Agent in 2021

    Crystal Gutherie

    eXp Realty, LLC

    (970) 394-0215

    118 Total Sales

    Crystal Gutherie
    Section Image
  • Sharon Wallace

    Seller Co-Listing Agent in 2021

    Sharon Wallace

    4 Corners Properties, Inc.

    (970) 749-6169

    13 Total Sales

    Sharon Wallace
    Section Image
See All Agents

Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 811760

Colorado Real Estate Network (CREN)

APN: R009994

Colorado Montezuma County Cortez 81321

326 E 1st St, Cortez, CO

This home is located at 326 E 1st St, Cortez, CO 81321 since 20 March 2024 and is currently estimated at $227,750, approximately $234 per square foot. This property was built in 1945. 326 E 1st St 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.

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.

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