Seller's Agent in 2025
Christine Kersen
NextHome Virtual
(970) 318-1389
94 Total Sales
501 S 7th St Montrose, CO 81401
3
Beds
1.5
Baths
1,218
Sq Ft
6,098
Sq Ft Lot
Highlights
- Wood Burning Stove
- Wood Flooring
- Corner Lot
- Living Room with Fireplace
- Victorian Architecture
- 4-minute walk to Fox Park
About This Home
As of February 2025Charming Downtown Montrose Home with Endless Potential! This delightful 3-bedroom, 1.5-bath home is nestled on a spacious corner lot with a charming picket fence. Right in the heart of downtown Montrose. With ample room to build a garage and an ADU, this property offers incredible potential for growth and versatility. As you step inside, you're greeted by a cozy living room featuring a wood stove and large windows that fill the space with natural light. Just off the living room is a well-sized dining room—perfect for enjoying family meals. The kitchen is full of character, boasting plenty of space, an island for additional workspace, a pantry, and a unique brick wood-burning pizza oven that’s sure to impress. The main level also features a versatile downstairs bedroom that could easily serve as a home office or den, along with an updated full bath. A small bonus room at the back of the house offers access to the backyard, providing even more functional space. Upstairs, you'll find two additional bedrooms. One features an attached half bath for added convenience. The backyard is a gardener's paradise with raised beds connected to sprinklers, fruit trees, and a spacious shed. Fully fenced for privacy, the yard offers plenty of space to relax or entertain. With so much to offer, this charming home is a must-see! Don't miss out on the opportunity to make it your own.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,346
Year Built
- Built in 1904
Lot Details
- 6,098 Sq Ft Lot
- Back and Front Yard Fenced
- Corner Lot
- Sprinkler System
Home Design
- Victorian Architecture
- Stick Built Home
Interior Spaces
- 1,218 Sq Ft Home
- 2-Story Property
- Wood Burning Stove
- Living Room with Fireplace
- Wood Flooring
- Unfinished Basement
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Shed
Schools
- Pomona K-5 Elementary School
- Centennial 6-8 Middle School
- Montrose 9-12 High School
Utilities
- Evaporated cooling system
- Forced Air Heating System
- Heating System Uses Natural Gas
- Heating System Uses Wood
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 376727335006
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 23, 2024
Closed on
Feb 6, 2025
Sold by
Gowins John J and Gowins Kathleen M
Bought by
Reines Jessie and Reines Anne
Seller's Agent
Christine Kersen
NextHome Virtual
Buyer's Agent
Kendra Barten
Remax Rise Up
List Price
$374,000
Sold Price
$364,000
Premium/Discount to List
-$10,000
-2.67%
Views
27
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,735
Avg. Annual Appreciation
1.95%
Original Mortgage
$172,000
Outstanding Balance
$170,815
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$197,920
Purchase Details
Listed on
Nov 24, 2020
Closed on
Jan 18, 2021
Sold by
Maclaskey Huntyr and Brookshire Hayley
Bought by
Gowins John J and Gowins Kathleen M
Seller's Agent
Kerri Noonan-Inda
NextHome Virtual
Buyer's Agent
Richard Gowins
Rick Gowins & Associates, Inc.
List Price
$240,000
Sold Price
$252,500
Premium/Discount to List
$12,500
5.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.48%
Original Mortgage
$214,625
Interest Rate
2.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 28, 2016
Sold by
Gregory Monique
Bought by
Maclaskey Huntyr and Brookshire Hayley
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,320
Interest Rate
3.47%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 22, 2006
Sold by
Field Todd B and Field Monica M
Bought by
Gregory Monique
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Interest Rate
6.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 26, 2001
Sold by
Field Todd B
Bought by
Field Todd B and Field Monica M
Purchase Details
Closed on
Jun 17, 1998
Sold by
Allen Wendi Prestina
Bought by
Field Todd B
Purchase Details
Closed on
Apr 21, 1997
Sold by
Lea Terry E and Lea Sharon K
Bought by
Allen Wendi Prestina
Purchase Details
Closed on
Nov 24, 1993
Sold by
Brougham Beth Ann
Bought by
Lea Terry E and Lea Sharon K
Purchase Details
Closed on
Apr 6, 1992
Sold by
Lay Karra Anne By Brougham Beth Ann Cons
Bought by
Brougham Beth Ann
Purchase Details
Closed on
Mar 5, 1992
Sold by
Towle Jason G
Bought by
Brougham Beth Ann
Purchase Details
Closed on
Feb 24, 1992
Sold by
Polk Milo
Bought by
Brougham Beth Ann and Towle Jason G
Purchase Details
Closed on
Jan 8, 1992
Sold by
Brougham Beth Ann
Bought by
Brougham Beth Ann and Towle Jason G
Purchase Details
Closed on
Nov 15, 1991
Sold by
Moore Louise A
Bought by
Brougham Beth Ann
Purchase Details
Closed on
Oct 4, 1991
Sold by
Nichols Louise A
Bought by
Moore Louise A
Purchase Details
Closed on
Sep 11, 1991
Sold by
Moore Charles R
Bought by
Moore Louise A
Purchase Details
Closed on
Aug 29, 1988
Sold by
Lucchese Martha Anne
Bought by
Moore Charles R and Nichols Louise A
Purchase Details
Closed on
Jul 14, 1979
Sold by
Fell Janet R
Bought by
Lucchese Martha Anne
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $364,000 | Land Title | |
| Warranty Deed | $252,500 | Land Title Guarantee Co | |
| Warranty Deed | $147,900 | Colorado Title & Closing Ser | |
| Warranty Deed | $154,900 | Security Title | |
| Deed | -- | -- | |
| Warranty Deed | $77,000 | -- | |
| Warranty Deed | $84,500 | -- | |
| Deed | $64,900 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Warranty Deed | $56,500 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $40,000 | -- | |
| Warranty Deed | $38,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $172,000 | New Conventional | |
| Previous Owner | $214,625 | New Conventional | |
| Previous Owner | $118,320 | New Conventional | |
| Previous Owner | $104,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/06/2025 02/06/25 | Sold | $364,000 | 0.0% | $299 / Sq Ft | |
| 01/03/2025 01/03/25 | Pending | -- | -- | -- | |
| 01/02/2025 01/02/25 | Price Changed | $364,000 | -2.7% | $299 / Sq Ft | |
| 12/23/2024 12/23/24 | For Sale | $374,000 | +48.1% | $307 / Sq Ft | |
| 01/22/2021 01/22/21 | Sold | $252,500 | +5.2% | $194 / Sq Ft | View Prior Sale |
| 11/27/2020 11/27/20 | Pending | -- | -- | -- | |
| 11/24/2020 11/24/20 | For Sale | $240,000 | -- | $184 / Sq Ft |
Source: Colorado Real Estate Network (CREN)
Tax History Compared to Growth
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 | $1,080 | $15,170 | $2,960 | $12,210 |
| 2023 | $1,080 | $19,560 | $3,820 | $15,740 |
| 2022 | $894 | $12,990 | $2,780 | $10,210 |
| 2021 | $921 | $13,360 | $2,860 | $10,500 |
| 2020 | $737 | $10,980 | $2,470 | $8,510 |
| 2019 | $742 | $10,980 | $2,470 | $8,510 |
| 2018 | $594 | $8,580 | $1,990 | $6,590 |
| 2017 | $589 | $8,580 | $1,990 | $6,590 |
| 2016 | $565 | $8,360 | $2,010 | $6,350 |
| 2015 | $555 | $8,360 | $2,010 | $6,350 |
| 2014 | $483 | $7,790 | $2,010 | $5,780 |
Source: Public Records
Agents Affiliated with this Home
-
Christine Kersen
-
Kendra Barten
Buyer's Agent in 2025
Kendra Barten
Remax Rise Up
(970) 623-6742
65 Total Sales
-
Kerri Noonan-Inda
Seller's Agent in 2021
Kerri Noonan-Inda
NextHome Virtual
(970) 275-1378
231 Total Sales
-
R
Buyer's Agent in 2021
Richard Gowins
Rick Gowins & Associates, Inc.
Map
Source: Colorado Real Estate Network (CREN)
MLS Number: 820116
APN: R0001669
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