NOT LISTED FOR SALE

48 E Montezuma Ave Cortez, CO 81321

Estimated Value: $365,207 - $445,000

3 Beds
2 Baths
1,980 Sq Ft
$203/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $294,000 $148 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,353/month

66 Days on Market

Highlights

  • Home Theater
  • Mountain View
  • Radiant Floor
  • Solar Power System
  • Wood Burning Stove
  • Corner Lot

About This Home

As of September 2020

This stunning 3 bed/2 bath home is located on the highly desired Montezuma Avenue, two blocks from Main Street in the center of Cortez. It is within walking distance to everything, the city parks, library, post office, Rec Center, grocery stores, schools and the Carpenter trail. You are just a few blocks from all of the downtown Cortez stores, restaurants, Farmers Market, Sunflower Theatre and breweries. This home has been completely rebuilt since 2010 with many recent upgrades which include the 3.66 kW solar power system, and the garage has been wired for a Level 2 electric vehicle charger. The transformer is upgraded to allow for fast charging. A new Lochinvar Noble 199k BTU/hr combination boiler has been installed. It's a 95% fuel efficiency boiler. Other upgrades include new stainless steel oven, cooktop and sink, energy saving cordless cellular shades, LED lighting throughout the house, additional insulation in the attic and crawlspace, efficient gable fans in the attic, and water saving toilets and fixtures. All the windows are vinyl clad, low E windows. There is a security door on the front for additional air flow. There is a studio in the back yard that could be used for an additional living space. There is a covered rear patio. Everything that you want! Please schedule a showing for this amazing home! You will want to see this!!

Last Agent to Sell the Property

Vernon Hoffman

Regents Real Estate Group Inc. Listed on: 06/22/2020

Last Buyer's Agent

Terry Woodrow

4 Corners Properties, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $618

Year Built

  • Built in 1927 | Remodeled in 2016

Lot Details

  • 6,708 Sq Ft Lot
  • Picket Fence
  • Privacy Fence
  • Landscaped
  • Corner Lot
  • Sprinkler System

Home Design

  • Bungalow
  • Studio
  • Metal Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 1,980 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Double Pane Windows
  • Vinyl Clad Windows
  • Window Treatments
  • Formal Dining Room
  • Home Theater
  • Mountain Views
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Built-In Convection Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Solar Power System

Outdoor Features

  • Covered patio or porch
  • Separate Outdoor Workshop

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

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

Utilities

  • Hot Water Baseboard Heater
  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • Cortez Original Subdivision

Listing and Financial Details

  • Assessor Parcel Number 561126231006

Home Details

Home Type

Single Family

Est. Annual Taxes

$618

Year Built

Built in 1927 | Remodeled in 2016

Lot Details

0

Listing Details

  • Additional Comments: Thank you Terry !!
  • Additional Living Quarters: Yes
  • Appliance Inclusions: Range Top, Refrigerator, Washer, Oven-Convection, Oven-Wall, Dishwasher, Dryer
  • Estimated Total Acres: 0.154
  • Class: RESIDENTIAL
  • Em Deposit: 5000
  • Em Holder: CTCS
  • Exterior Inclusions: Landscaping, Lawn Sprinklers, Covered Porch
  • Interior Inclusions: Wood Stove, Window Coverings, Ceiling Fan(s), Garage Door Opener, Media Room
  • Legal Lot Block: Subdivision: CORTEZ ORIGINAL Lot: 1-2 Block: 14 B443 P997 B450 P900 B664 P704
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 561126231006
  • Price Per Sq Ft: 148.48
  • Property Attached: Yes
  • Property Description: Corner
  • Real Estate Included: Yes
  • Realist Id: 5611-262-31-006
  • Residence Stories: One Story
  • Residence Style: Bungalow
  • Sale/Rent: For Sale
  • Siding: Stucco
  • Sold Price Sq Ft: 148.48
  • Street Descriptionaccess: City/Town
  • Street Designation: Avenue
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Additional Living Type: Studio
  • Internet Provider: Baja Broadband
  • Internet Service: Yes
  • Total Taxes Dollar: 618.00
  • Year Built: 1927
  • Year Renovated: 2016
  • Foreign Owned Y N: No
  • Prop Description Remarks: This stunning 3 bed/2 bath home is located on the highly desired Montezuma Avenue, two blocks from Main Street in the center of Cortez. It is within walking distance to everything, the city parks, library, post office, Rec Center, grocery stores, schools and the Carpenter trail. You are just a few blocks from all of the downtown Cortez stores, restaurants, Farmers Market, Sunflower Theatre and breweries. This home has been completely rebuilt since 2010 with many recent upgrades which include the 3.66 kW solar power system, and the garage has been wired for a Level 2 electric vehicle charger. The transformer is upgraded to allow for fast charging. A new Lochinvar Noble 199k BTU/hr combination boiler has been installed. It's a 95% fuel efficiency boiler. Other upgrades include new stainless steel oven, cooktop and sink, energy saving cordless cellular shades, LED lighting throughout the house, additional insulation in the attic and crawlspace, efficient gable fans in the attic, and water saving toilets and fixtures. All the windows are vinyl clad, low E windows. There is a security door on the front for additional air flow. There is a studio in the back yard that could be used for an additional living space. There is a covered rear patio. Everything that you want! Please schedule a showing for this amazing home! You will want to see this!!
  • Subdv Name: Cortez Original
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Dining Room: Breakfast Nook, Separate Dining
  • Bedrooms: 3
  • Flooring: Tile, Carpet-Partial
  • Estimated Total Sq Ft: 1980
  • Basement Sq Ft: 609
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Basement Finished Sq Ft: 609
  • Fireplace Location Type: Woodstove
  • Foundation: Basement-finished
  • Main Level Sq Ft: 1371
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Fence: Picket, Privacy
  • Windows: Double Pane, Vinyl
  • Construction Type: Wood Frame
  • Exterior Structures: Workshop
  • Roof: Metal
  • Views: Mountains

Garage/Parking

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

Utilities

  • Utilities: Electric, Natural Gas, Solar, Cable TV, Internet, Phone - Cell Reception
  • Electric Supplier: Empire Electric Association, Inc
  • Gas Supplier: Atmos Energy
  • Heating System: Boiler, Hot Water Baseboard, Wood Stove, Floor Radiant
  • Sewer Supplier: Cortez Sanitation District
  • Water Heater: Gas Water Heater, Tankless
  • 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

Green Features

  • Green Power: Solar(Photovoltaic)
  • Green Efficient: Appliances, Water Heater, Heating

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2021
Sold by
Dougan Laura Ann and Hampton Laura Ann
Bought by
Hampton Laura Ann and Dougan Laura Ann
Total Days on Market
66
Current Estimated Value
$402,552

Purchase Details

Listed on
Jun 22, 2020
Closed on
Sep 22, 2020
Sold by
Mapula Justin A and Cutright Smith Elisabeth
Bought by
Hampton Laura Kablau
Seller's Agent
Vernon Hoffman
Regents Real Estate Group Inc.
Buyer's Agent
Terry Woodrow
4 Corners Properties, Inc.
List Price
$319,000
Sold Price
$294,000
Premium/Discount to List
-$25,000
-7.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%

Purchase Details

Closed on
Jun 29, 2018
Sold by
Hinrichsen Janel R
Bought by
Mapula Justin A and Cutright Smith Elisabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2010
Sold by
Virginia Mosher Trust
Bought by
Hinrichsen Janel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,980
Interest Rate
5.12%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Hampton Laura Ann -- None Listed On Document
Hampton Laura Kablau $294,000 Colorado Ttl & Closing Svcs
Mapula Justin A $415,000 Clt Closing & Title Services
Hinrichsen Janel R $152,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mapula Justin A $177,000
Previous Owner Hinrichsen Janel R $148,000
Previous Owner Hinrichsen Janel R $149,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $294,000 -1.7% $148 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
08/24/2020 08/24/20 Price Changed $299,000 -3.5% $151 / Sq Ft
07/16/2020 07/16/20 Price Changed $310,000 -2.8% $157 / Sq Ft
06/22/2020 06/22/20 For Sale $319,000 -- $161 / 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 $1,242 $24,162 $1,294 $22,868
2023 $1,242 $28,540 $1,528 $27,012
2022 $1,102 $22,786 $1,552 $21,234
2021 $1,120 $22,786 $1,552 $21,234
2020 $617 $13,035 $1,173 $11,862
2019 $618 $13,035 $1,173 $11,862
2018 $682 $10,700 $1,060 $9,640
2017 $679 $10,700 $1,060 $9,640
2016 $587 $10,210 $1,170 $9,040
2015 $538 $138,510 $0 $0
2014 $314 $5,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 771116

Colorado Real Estate Network (CREN)

APN: R009409