NOT LISTED FOR SALE

36962 U S 550 Montrose, CO 81403

Estimated Value: $291,000 - $486,000

4 Beds
2 Baths
2,552 Sq Ft
$145/Sq Ft Est. Value

Sale Details

Date Sold: June 25, 2024

Last sale price $335,000 $131 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,073 / mo

7 Days on Market

Highlights

  • RV or Boat Parking
  • Wood Burning Stove
  • Ranch Style House
  • Creek or Stream View
  • Den with Fireplace
  • Furnished

About This Home

As of June 2024

Welcome to your picturesque retreat in Colona, where the majestic San Juan Mountains and the tranquil Uncompahgre River create the backdrop for your everyday living. This remodeled home offers not just a dwelling, but a get-away to Colorado outdoor lifestyle and adventure. From the wrap-around deck, panoramic views of Storm King and sounds of the Uncompahgre River below greet you, inviting moments of relaxation and reflection. The first floor of this spacious 2,552 sqft abode has been thoughtfully remodeled, ensuring a seamless transition into your new home. With three bedrooms, a full bath, and five new mini splits for individual climate control, comfort is perfected. A new wood-burning stove adds warmth and ambiance, perfect for cozy evenings indoors. The kitchen boasts all-new appliances, complemented by a new stackable washer and dryer for added convenience. The living room has plenty of windows for both natural light and for viewing nature's beauty. Venture downstairs to discover even more possibilities. The basement features a non-conforming bedroom, a three-quarter bath, and impressive storage, offering flexibility for your lifestyle needs. A second wood-burning stove and a walk-out entrance/exit enhance the functionality of this level, creating opportunities for additional living space or rental income. Beyond the comforts of home, the location of this property is truly unbeatable. Situated in Colona, it serves as an ideal midpoint for commuters between Montrose and Ridgway, providing easy access to both towns. Additionally, the Ridgway Reservoir is a mere 10 minutes away, offering endless opportunities for outdoor recreation. Furthermore, Colona sits as a gateway to the San Juans: from hiking, off-roading, and climbing in Ouray to world-class skiing and festivals in Telluride... all within less than an hour from the front door. This property presents a unique opportunity for savvy investors or those seeking a multi-functional home. With the potential to create split-level residences, the options are limitless. Live on the top level and rent out the bottom, or vice versa—the choice is yours. This turnkey, move-in-ready home offers more than just a place to live, it offers a lifestyle enriched by stunning views, modern amenities, and endless possibilities. Don't miss your chance to make this Colorado retreat your own.

Last Agent to Sell the Property

Adam Renfrow

Renfrow Realty Listed on: 04/30/2024

Last Buyer's Agent

Karen Maxner

Prestige Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $626

Year Built

  • Built in 1965 | Remodeled in 2022

Lot Details

  • 14,810 Sq Ft Lot
  • Corners Of The Lot Have Been Marked
  • Property is zoned Commercial

Parking

  • RV or Boat Parking

Property Views

  • Creek or Stream
  • Mountain
  • Valley

Home Design

  • Ranch Style House
  • Metal Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,552 Sq Ft Home
  • Furnished
  • Wood Burning Stove
  • Den with Fireplace
  • Unfinished Basement
  • Fireplace in Basement
  • Oven or Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Cottonwood K-5 Elementary School
  • Columbine 6-8 Middle School
  • Montrose 9-12 High School

Utilities

  • Hot Water Baseboard Heater
  • Propane Water Heater
  • Septic Tank
  • Septic System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 404117200006

Home Details

Home Type

Single Family

Est. Annual Taxes

$626

Year Built

Built in 1965 | Remodeled in 2022

Lot Details

0.34 Acres

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Washer, Dryer
  • Estimated Total Acres: 0.34
  • Class: RESIDENTIAL
  • Em Deposit: 2.0% of purchase price
  • Em Holder: Land Title Guarantee
  • Legal Lot Block: S: 17 T: 47 R: 8 TRACT IN SW1/4NW1/4
  • Lot Dimension: .33
  • Lot Size Acreage: .25-.5
  • Parcel Id Number: 404117200006
  • Price Per Sq Ft: 131.27
  • Property Description: Corners Marked
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Residence Style: Ranch Basement
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Vinyl
  • Sold Price Sq Ft: 131.27
  • Street Descriptionaccess: State Highway, 75'-100' Frontage
  • Zoning: Commercial
  • Type: Stick Built
  • Internet Service Avail: Yes
  • Total Taxes Dollar: ~ 626.42
  • Year Built: 1965
  • Year Renovated: 2022
  • Foreign Owned Y N: No
  • Prop Description Remarks: Welcome to your picturesque retreat in Colona, where the majestic San Juan Mountains and the tranquil Uncompahgre River create the backdrop for your everyday living. This remodeled home offers not just a dwelling, but a get-away to Colorado outdoor lifestyle and adventure. From the wrap-around deck, panoramic views of Storm King and sounds of the Uncompahgre River below greet you, inviting moments of relaxation and reflection. The first floor of this spacious 2,552 sqft abode has been thoughtfully remodeled, ensuring a seamless transition into your new home. With three bedrooms, a full bath, and five new mini splits for individual climate control, comfort is perfected. A new wood-burning stove adds warmth and ambiance, perfect for cozy evenings indoors. The kitchen boasts all-new appliances, complemented by a new stackable washer and dryer for added convenience. The living room has plenty of windows for both natural light and for viewing nature's beauty. Venture downstairs to discover even more possibilities. The basement features a non-conforming bedroom, a three-quarter bath, and impressive storage, offering flexibility for your lifestyle needs. A second wood-burning stove and a walk-out entrance/exit enhance the functionality of this level, creating opportunities for additional living space or rental income. Beyond the comforts of home, the location of this property is truly unbeatable. Situated in Colona, it serves as an ideal midpoint for commuters between Montrose and Ridgway, providing easy access to both towns. Additionally, the Ridgway Reservoir is a mere 10 minutes away, offering endless opportunities for outdoor recreation. Furthermore, Colona sits as a gateway to the San Juans: from hiking, off-roading, and climbing in Ouray to world-class skiing and festivals in Telluride... all within less than an hour from the front door. This property presents a unique opportunity for savvy investors or those seeking a multi-functional home. With the potential to create split-level residences, the options are limitless. Live on the top level and rent out the bottom, or vice versa—the choice is yours. This turnkey, move-in-ready home offers more than just a place to live, it offers a lifestyle enriched by stunning views, modern amenities, and endless possibilities. Don't miss your chance to make this Colorado retreat your own.
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Bedrooms: 4
  • Flooring: Carpet-Partial, Vinyl
  • Estimated Total Sq Ft: 2552
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Fireplace Location Type: Basement, Den/Family Room, Woodstove
  • Foundation: Basement-unfinished
  • Main Level Sq Ft: 1276
  • Total Office Den: 0

Exterior Features

  • Construction Type: Wood Frame
  • Roof: Metal
  • Views: Mountains, Valley, Stream/River

Utilities

  • Utilities: Electric
  • Electric Supplier: San Miguel Power Association
  • Gas Supplier: Black Hills Energy
  • Heating System: Hot Water Baseboard
  • Sewer Supplier: Septic
  • Water Heater: Propane Water Heater
  • Water Supplier: Tri-County Water Conservancy

Schools

  • High School: Montrose 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Cottonwood K-5
  • Middle School: Columbine 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2024
Closed on
Jun 25, 2024
Sold by
Walker Richard J and Walker Linda J
Bought by
Jp Leasing Llc
Seller's Agent
Adam Renfrow
Renfrow Realty
Buyer's Agent
Karen Maxner
Prestige Real Estate
List Price
$339,000
Sold Price
$335,000
Premium/Discount to List
-$4,000
-1.18%
Views
24
Current Estimated Value
$369,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,366
Avg. Annual Appreciation
5.36%

Purchase Details

Closed on
Jan 13, 2022
Sold by
Tore Oberg Harry
Bought by
Oberg Angela and Walker Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2004
Bought by
Oberg Harry T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Purchase 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 Buyer Sale Price Title Company
Jp Leasing Llc $335,000 Land Title Guarantee
Oberg Angela $170,000 None Listed On Document
Oberg Harry T $245,900 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner Oberg Angela $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2024 06/25/24 Sold $335,000 -1.2% $131 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $339,000 -- $133 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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
2025 $884 $15,210 $4,630 $10,580
2024 $884 $8,310 $3,440 $4,870
2023 $451 $11,090 $4,590 $6,500
2022 $659 $12,610 $4,990 $7,620
2021 $719 $14,100 $5,140 $8,960
2020 $636 $12,710 $5,140 $7,570
2019 $636 $12,710 $5,140 $7,570
2018 $533 $10,520 $5,170 $5,350
2017 $525 $10,520 $5,170 $5,350
2016 $682 $13,520 $7,760 $5,760
2015 -- $13,520 $7,760 $5,760
2012 -- $16,500 $7,760 $8,740
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 813025

Colorado Real Estate Network (CREN)

APN: R004099

Your Personal Tour Guide

Ask me questions while you tour the home.