NOT LISTED FOR SALE

403 E Montezuma 136 Madison Cortez, CO 81321

Estimated Value: $403,234 - $435,000

8 Beds
4 Baths
3,312 Sq Ft
$127/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $450,000 $136 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,356/month

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Wood Siding

About This Home

As of May 2022

This home is located at 403 E Montezuma 136 Madison, Cortez, CO 81321 since 23 March 2022 and is currently estimated at $419,309, approximately $126 per square foot. This property was built in 1940. 403 E Montezuma 136 Madison 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.

Last Agent to Sell the Property

Katherine Chaffin

Fine Feather Realty Listed on: 03/23/2022

Last Buyer's Agent

Leigh Holmes

United Country Blue Sky Homes and Land

United Country Blue Sky Homes and Land

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,352

Year Built

  • Built in 1940 | Remodeled in 2022

Lot Details

  • 9,583 Sq Ft Lot
  • Chain Link Fence

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Wood Siding
  • Vinyl Siding
  • Adobe

Interior Spaces

  • 4 Full Bathrooms
  • 2-Story Property
  • Free Standing Fireplace
  • Living Room with Fireplace
  • Unfinished Basement

Flooring

  • Wood
  • Tile
  • Vinyl

Schools

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

Utilities

  • Window Unit Cooling System

Listing and Financial Details

  • Assessor Parcel Number 561126118010

Community Details

Overview

  • 4 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,352

Year Built

Built in 1940 | Remodeled in 2022

Lot Details

0

Listing Details

  • Estimated Total Acres: 0.22
  • Class: Multifamily
  • Elevation: 6200
  • Em Deposit: 3000
  • Em Holder: title company
  • Legal Lot Block: Subdivision: FR COFFINS ADD Lot: 10-12 Block: 2 B284 P89 B376 P25 B591 P771 R/480941
  • List Price per Sq Ft: 153.38
  • Lot Size Acreage: Less than 1/2
  • Parcel Id Number: 561126118010
  • Price Per Sq Ft: 135.87
  • Residence Stories: Two Story
  • Residence Style: Adobe
  • Sale/Rent: For Sale
  • Siding: Wood, Vinyl
  • Sold Price Sq Ft: 135.87
  • Street Descriptionaccess: City/Town
  • Zoning: Residential Multi Family, Residential
  • Domestic Water Sewer: City Water, City Sewer
  • Fireplace Type Location: Free Standing, Living Room
  • Heating Fuelsystem: Boiler
  • Multi Story: Yes
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Type: Fourplex
  • Listed In Other Class: Yes
  • Total Taxes Dollar: 1352.44
  • Year Built: 1940
  • Year Renovated: 2022
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 1074

Interior Features

  • Flooring: Wood, Tile, Vinyl
  • Estimated Total Sq Ft: 3312
  • Full Bathrooms: 4
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 4
  • Foundation: Basement-below grade, Basement-unfinished
  • Main Level Sq Ft: 1076
  • Total Office Den: 0
  • Upper Level Sq Ft: 724

Exterior Features

  • Fence: Chain Link

Garage/Parking

  • Parking Spaces: 4
  • Parking: 1 per unit

Utilities

  • Cooling: Window Unit(s)
  • Electric Supplier: Empire Electric Association, Inc
  • Gas Supplier: Atmos Energy
  • Sewer Supplier: Cortez Sanitation District
  • 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

Multi Family

  • No. of Units: 4

Tax Info

  • Tax Year: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2022
Sold by
Anderson Richard A and Anderson Wendy L
Bought by
7Th Street Llc
Current Estimated Value
$419,309

Purchase Details

Listed on
Mar 23, 2022
Closed on
May 23, 2022
Sold by
James Parr
Bought by
Confluence Capital Llc
Seller's Agent
Katherine Chaffin
Fine Feather Realty
Buyer's Agent
Leigh Holmes
United Country Blue Sky Homes and Land
List Price
$508,000
Sold Price
$450,000
Premium/Discount to List
-$58,000
-11.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.07%
Original Mortgage
$360,000
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2014
Sold by
Hill Patsy A and Glenn Darlena R
Bought by
Parr James and Parr Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 8, 2013
Sold by
Glenn Darlena
Bought by
Hill Patsy A and Glenn Darlena R
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
7Th Street Llc -- First American Title
Confluence Capital Llc -- None Listed On Document
Parr James $185,000 Colorado Land Title Co Llc
Hill Patsy A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Confluence Capital Llc $360,000
Previous Owner Parr James $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2022 05/24/22 Sold $450,000 -11.4% $136 / Sq Ft
03/26/2022 03/26/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $508,000 -- $153 / 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 $1,484 $28,871 $3,033 $25,838
2023 $1,351 $33,249 $3,493 $29,756
2022 $1,368 $26,715 $1,595 $25,120
2021 $1,391 $26,715 $1,595 $25,120
2020 $999 $20,752 $1,754 $18,998
2019 $1,001 $20,752 $1,754 $18,998
2018 $1,226 $19,230 $1,380 $17,850
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Katherine Chaffin

    Fine Feather Realty

    Section Image
  • Leigh Holmes

    Buyer's Agent in 2022

    Leigh Holmes

    United Country Blue Sky Homes and Land

    (970) 888-0151

    45 Total Sales

    Leigh Holmes
    Section Image
See All Agents

Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 791615

Colorado Real Estate Network (CREN)

APN: R013807

Colorado Montezuma County Cortez 81321

403 E Montezuma 136 Madison, Cortez, CO

This home is located at 403 E Montezuma 136 Madison, Cortez, CO 81321 since 23 March 2022 and is currently estimated at $419,309, approximately $126 per square foot. This property was built in 1940. 403 E Montezuma 136 Madison 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.

Nearby Homes