NOT LISTED FOR SALE

341 N Townsend Ave Montrose, CO 81401

Estimated Value: $338,443

0.64 Acre
$528,817 Price per Acre
27,878 Sq Ft Lot

Last Sold April 30, 2024

Last sale price $330,000 $375 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,172/month

280 Days on Market

About This Lot

As of April 2024

Large Corner, Commercial Lot on Busy North Townsend Near Downtown. Great Location With Versatile Zoning! Large fenced lot on the corner of North Townsend and North 4th street. Property includes an 880 sq. ft. (MOL) warehouse building with loading dock on .64 acre (MOL). Property is Zoned B-3 “General Commercial District” which allows for heavier commercial uses including but not limited to retail, professional offices, hotels, restaurants, automobile service and sales, and rental businesses. Property centrally located on the West side of Townsend and is between the heart of downtown and the Montrose airport. High visibility and traffic count of 19,000+ daily vehicles. Possible owner carry or build-to-suite options with the right terms. Incredible tax break with Opportunity Zone designation!

Last Agent to Sell the Property

John Renfrow

Renfrow Realty Listed on: 06/09/2023

Last Buyer's Agent

John Renfrow

Renfrow Realty Listed on: 06/09/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,363

Lot Details

  • 0.64 Acre Lot
  • Chain Link Fence
  • Corner Lot
  • Cleared Lot
  • Property is zoned Business

Outdoor Features

  • Shed

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 376728410005

Property Details

Property Type

Land

Est. Annual Taxes

$4,363

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Title company
  • Legal Lot Block: Subd: SELIGS ADDN Block: 65 Lot: 1 THRU:- Lot: 9 ADD 1/2 OF ALLEY VACATED ORD#393; LESS RR ROW BK 12 PG 15 S: 28 T: 49 R: 9
  • Lot Size Acreage: .5-.99 Acres
  • Parcel Id Number: 376728410005
  • Property Description: Cleared, Corner
  • Street Descriptionaccess: City/Town, 100'-150' Frontage
  • Street Designation: Avenue
  • Zoning: Business
  • 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: 0.64
  • Current Property Use: Dry Land
  • Em Deposit: 2.0% purchase price
  • Possible Property Use: Commercial
  • Mineral Rights: Unknown
  • Price Acre: 702950
  • Outbuildngsstructures: Equipment Shed
  • Price per Sq Ft: 16.14
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 515625
  • Water Tap Available: Yes
  • Total Taxes Dollar: 4362.68
  • Prop Description Remarks: Large Corner, Commercial Lot on Busy North Townsend Near Downtown. Great Location With Versatile Zoning! Large fenced lot on the corner of North Townsend and North 4th street. Property includes an 880 sq. ft. (MOL) warehouse building with loading dock on .64 acre (MOL). Property is Zoned B-3 “General Commercial District” which allows for heavier commercial uses including but not limited to retail, professional offices, hotels, restaurants, automobile service and sales, and rental businesses. Property centrally located on the West side of Townsend and is between the heart of downtown and the Montrose airport. High visibility and traffic count of 19,000+ daily vehicles. Possible owner carry or build-to-suite options with the right terms. Incredible tax break with Opportunity Zone designation!
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Fence: Chain Link

Utilities

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

Schools

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

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Apr 30, 2024
Sold by
Bynum Blake
Bought by
Repair Park Llc
Seller's Agent
John Renfrow
Renfrow Realty
Buyer's Agent
John Renfrow
Renfrow Realty
List Price
$449,888
Sold Price
$330,000
Premium/Discount to List
-$119,888
-26.65%
Total Days on Market
280
Views
133
Current Estimated Value
$338,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,443
Avg. Annual Appreciation
-0.08%
Original Mortgage
$230,000
Outstanding Balance
$212,254
Interest Rate
5.5%
Mortgage Type
Seller Take Back
Estimated Equity
$117,388
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
Repair Park Llc $330,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Repair Park Llc $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $330,000 -26.6% $375 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
10/30/2023 10/30/23 For Sale $449,888 0.0% $511 / Sq Ft
10/06/2023 10/06/23 Pending -- -- --
08/03/2023 08/03/23 Price Changed $449,888 -10.0% $511 / Sq Ft
06/09/2023 06/09/23 For Sale $499,888 +108.3% $568 / Sq Ft
03/17/2023 03/17/23 Sold $240,000 -7.7% $273 / Sq Ft
10/05/2022 10/05/22 Pending -- -- --
09/23/2022 09/23/22 For Sale $260,000 -- $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 $4,120 $57,870 $56,870 $1,000
2023 $4,120 $63,400 $59,110 $4,290
2022 $5,030 $73,100 $70,350 $2,750
2021 $5,039 $73,100 $70,350 $2,750
2020 $4,533 $67,560 $65,140 $2,420
2019 $4,562 $67,560 $65,140 $2,420
2018 $4,422 $63,870 $61,880 $1,990
2017 $4,386 $63,870 $61,880 $1,990
2016 $4,321 $63,980 $61,880 $2,100
2015 $4,244 $63,980 $61,880 $2,100
2014 $4,170 $67,270 $65,140 $2,130
Source: Public Records

Agents Affiliated with this Home

  • John Renfrow

    Seller's Agent in 2024

    John Renfrow

    Renfrow Realty

    (970) 275-4004

    175 Total Sales

    John Renfrow
    Section Image

  • K

    Seller's Agent in 2023

    Kelsay Heath

    Coldwell Banker Commercial Prime Properties LLC

    Section Image
See All Agents

Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 804468

Colorado Real Estate Network (CREN)

APN: R0650804

Colorado Montrose County Montrose 81401

341 N Townsend Ave, Montrose, CO

This home is located at 341 N Townsend Ave, Montrose, CO 81401 since 09 June 2023 and is currently estimated at $338,443, approximately $384 per square foot. 341 N Townsend Ave is a home located in Montrose County with nearby schools including Northside Elementary School, Centennial Middle School, and Montrose High School.

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