NOT LISTED FOR SALE

403 E 3rd St Cortez, CO 81321

Estimated Value: $192,000 - $279,000

3 Beds
2 Baths
1,572 Sq Ft
$150/Sq Ft Est. Value

Last Sold October 30, 2024

Last sale price $185,000 $118 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,303/month

238 Days on Market

Highlights

  • Living Room with Fireplace
  • Corner Lot
  • Formal Dining Room
  • Ranch Style House
  • Covered Patio or Porch
  • Shed

About This Home

As of October 2024

Welcome to this slice of vintage Americana in the heart of Cortez, Colorado! This 1941 home, with 3 bedrooms and 2 baths, is a gem just waiting to be discovered. Nestled just a stone's throw from downtown Cortez, this 1572 square foot property is full of character and offers ample space for new owners to bring their own creativity. A basement storage area ensures that you have room for all your belongings, while a large quarter acre lot provides endless opportunities for outdoor enjoyment and expansion. There is an abundance of natural light filtering through numerous windows in every room, and the living room features a gas fireplace, complete with a brick surround, perfect for creating a focal point in the home. Vintage charm abounds with arched doorways, adding a touch of character to the sturdy bones of this home. With a little imagination, this property is primed for customization, ready for new owners to infuse it with their unique style and personality. Outside you’ll discover the expansive backyard awaiting your personal touch. This space has both a covered and uncovered patio, so there's no shortage of space for outdoor relaxation and entertainment. A convenient shed offers additional storage options, while the vast yard presents limitless possibilities for creating the outdoor space of your dreams. Located in the southwestern corner of Colorado, Cortez offers a perfect blend of history and adventure, with its proximity to the surrounding mountains providing ample opportunities for exploration and outdoor recreation. Whether you're a history buff, agricultural entrepreneur, or outdoor enthusiast, this corner of Colorado has something to offer everyone. Don't miss your chance to own a piece of Cortez's rich history and create your own legacy in this vintage treasure.

Last Agent to Sell the Property

Reece Stanley

The Christi Reece Group Listed on: 02/08/2024

Last Buyer's Agent

Adam Priestley

Regents Real Estate Group Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $711

Year Built

  • Built in 1941 | Remodeled in 1970

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 76x142
  • Property is Fully Fenced
  • Chain Link Fence
  • Corner Lot

Parking

  • 1 Carport Space

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,572 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Formal Dining Room
  • Unfinished Basement
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Parquet
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available

Community Details

  • F R Coffins Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 561126418012

Home Details

Home Type

Single Family

Est. Annual Taxes

$711

Year Built

Built in 1941 | Remodeled in 1970

Lot Details

0

Listing Details

  • Appliance Inclusions: Refrigerator, Dishwasher, Range/Oven
  • Estimated Total Acres: 0.25
  • Class: RESIDENTIAL
  • Em Deposit: 2500
  • Em Holder: Title Company
  • Exterior Inclusions: Shed/Storage, Covered Porch, Patio
  • Interior Inclusions: Window Coverings, Ceiling Fan(s), W/D Hookup
  • Legal Lot Block: Subdivision: FR COFFINS ADD Lot: 13-15 Block: 23 B710 P526-29 B717 P628 R/466489 R/489743
  • Lot Dimension: 76x142
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 561126418012
  • Price Per Sq Ft: 117.68
  • Property Description: Corner
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Residence Style: Ranch Basement
  • Sale/Rent: For Sale
  • Siding: Wood
  • Sold Price Sq Ft: 117.68
  • Street Descriptionaccess: City/Town, Paved, 150'+ Frontage
  • Street Designation: Street
  • Tax Account Id: R010116
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: 711.24
  • Year Built: 1941
  • Year Renovated: 1970
  • Foreign Owned Y N: No
  • Prop Description Remarks: Welcome to this slice of vintage Americana in the heart of Cortez, Colorado! This 1941 home, with 3 bedrooms and 2 baths, is a gem just waiting to be discovered. Nestled just a stone's throw from downtown Cortez, this 1572 square foot property is full of character and offers ample space for new owners to bring their own creativity. A basement storage area ensures that you have room for all your belongings, while a large quarter acre lot provides endless opportunities for outdoor enjoyment and expansion. There is an abundance of natural light filtering through numerous windows in every room, and the living room features a gas fireplace, complete with a brick surround, perfect for creating a focal point in the home. Vintage charm abounds with arched doorways, adding a touch of character to the sturdy bones of this home. With a little imagination, this property is primed for customization, ready for new owners to infuse it with their unique style and personality. Outside you’ll discover the expansive backyard awaiting your personal touch. This space has both a covered and uncovered patio, so there's no shortage of space for outdoor relaxation and entertainment. A convenient shed offers additional storage options, while the vast yard presents limitless possibilities for creating the outdoor space of your dreams. Located in the southwestern corner of Colorado, Cortez offers a perfect blend of history and adventure, with its proximity to the surrounding mountains providing ample opportunities for exploration and outdoor recreation. Whether you're a history buff, agricultural entrepreneur, or outdoor enthusiast, this corner of Colorado has something to offer everyone. Don't miss your chance to own a piece of Cortez's rich history and create your own legacy in this vintage treasure.
  • Subdv Name: F R Coffins Addition
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Dining Room: Separate Dining
  • Dining Room: Yes
  • Bedrooms: 3
  • Flooring: Tile, Carpet-Partial, Laminate, Parquet
  • Estimated Total Sq Ft: 1572
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 2
  • Fireplace Location Type: Living Room, Gas Logs
  • Foundation: Basement-below grade, Basement-unfinished, Crawl Space
  • Main Level Sq Ft: 1575
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Fence: Chain Link, Full Property
  • Construction Type: Wood Frame
  • Exterior Structures: Shed
  • Roof: Asphalt

Garage/Parking

  • Carport: Yes
  • Carport Spaces: 1

Utilities

  • Utilities: Electric, Natural Gas, Internet
  • Cooling: Window A/C Unit(s)
  • Electric Supplier: Empire Electric Association, Inc
  • Gas Supplier: Atmos Energy
  • Heating System: Forced Air
  • Sewer Supplier: Cortez Sanitation District
  • Water Heater: Gas Water Heater
  • Water Supplier: City of Cortez

Schools

  • High School: Montezuma-Cortez 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Oct 25, 2024
Sold by
Reece Stanley and Reece Nicole Stanley
Bought by
Culhane Sheila M
Seller's Agent
Reece Stanley
The Christi Reece Group
Buyer's Agent
Adam Priestley
Regents Real Estate Group Inc.
List Price
$210,000
Sold Price
$185,000
Premium/Discount to List
-$25,000
-11.9%
Views
221
Current Estimated Value
$235,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,382
Avg. Annual Appreciation
24.48%
Original Mortgage
$148,000
Outstanding Balance
$146,366
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$89,016

Purchase Details

Closed on
Oct 26, 2023
Sold by
Berthold Daniel E and Berthold Barbara A
Bought by
Stanley Reece and Stanley Gary

Purchase Details

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

Purchase Details

Closed on
Dec 27, 2011
Sold by
Baker Christine
Bought by
Berthold Daniel E and Berthold Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,244
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2000
Sold by
Dunn Robert A and Dunn Phyllis
Bought by
Nickell Kathleen R

Purchase Details

Closed on
Oct 30, 1997
Sold by
Dillon Brian P and Dillon Lavern
Bought by
Dunn Robert A and Dunn Phyllis M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Culhane Sheila M $185,000 None Listed On Document
Stanley Reece $85,000 None Listed On Document
7Th Street Llc -- First American Title
Berthold Daniel E $107,000 Colorado Land Title Co
Nickell Kathleen R $99,000 --
Dunn Robert A $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Culhane Sheila M $148,000
Previous Owner Berthold Daniel E $112,244
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2024 10/30/24 Sold $185,000 0.0% $118 / Sq Ft
10/03/2024 10/03/24 Pending -- -- --
09/06/2024 09/06/24 Price Changed $185,000 -7.5% $118 / Sq Ft
08/12/2024 08/12/24 Price Changed $200,000 -4.8% $127 / Sq Ft
08/12/2024 08/12/24 For Sale $210,000 0.0% $134 / Sq Ft
07/21/2024 07/21/24 Pending -- -- --
07/01/2024 07/01/24 Price Changed $210,000 -6.7% $134 / Sq Ft
04/29/2024 04/29/24 Price Changed $225,000 -5.9% $143 / Sq Ft
04/01/2024 04/01/24 Price Changed $239,000 -4.0% $152 / Sq Ft
03/22/2024 03/22/24 For Sale $249,000 0.0% $158 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
02/27/2024 02/27/24 Price Changed $249,000 -3.3% $158 / Sq Ft
02/08/2024 02/08/24 For Sale $257,500 -- $164 / 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 $782 $15,197 $2,883 $12,314
2023 $782 $19,575 $3,713 $15,862
2022 $677 $14,011 $1,695 $12,316
2021 $689 $14,011 $1,695 $12,316
2020 $580 $12,236 $1,865 $10,371
2019 $581 $12,236 $1,865 $10,371
2018 $593 $9,310 $1,690 $7,620
2017 $590 $9,310 $1,690 $7,620
2016 $510 $8,880 $1,870 $7,010
2015 $468 $129,310 $0 $0
2014 $545 $8,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 810745

Colorado Real Estate Network (CREN)

APN: R010116