NOT LISTED FOR SALE

501 S Cedar St Cortez, CO 81321

Estimated Value: $219,000 - $262,991

3 Beds
3 Baths
1,627 Sq Ft
$144/Sq Ft Est. Value

Last Sold December 03, 2024

Last sale price $225,000 $138 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,354/month

330 Days on Market

Highlights

  • A-Frame Home
  • 1-Story Property
  • Carpet
  • Living Room with Fireplace
  • Forced Air Heating System

About This Home

As of December 2024

OLDER HOME ON LARGE LOT IN TOWN. 3 BEDROOMS PLUS OFFICE. 2 FULL BATHS AND ONE 3/4 BATH. FIREPLACE IN LIVING ROOM, BUILTIN CHINA CLOSET IN DINING ROOM. LARGE ENCLOSED PORCH IN BACK WITH HOT TUB. LAUNDRY ROOM OFF THE ENCLOSED PORCH. 2 CARPORTS. LARGE FENCED BACK YARD. PLENTY OF OFF-STREET PARKING. CLOSE TO SCHOOLS WITHIN WALKING DISTANCE OF MESA SCHOOL.

Last Agent to Sell the Property

Gerry Parker

Century 21 West Slope Realty Listed on: 12/12/2023

Century 21 West Slope Realty

Last Buyer's Agent

Gerry Parker

Century 21 West Slope Realty Listed on: 12/12/2023

Century 21 West Slope Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $854

Year Built

  • Built in 1957

Lot Details

  • 1,873 Sq Ft Lot

Parking

  • 2 Carport Spaces

Home Design

  • A-Frame Home
  • Stick Built Home

Interior Spaces

  • 1,627 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Carpet

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Utilities

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

Community Details

  • Payson Subdivision

Listing and Financial Details

  • Assessor Parcel Number 561127400029

Home Details

Home Type

Single Family

Est. Annual Taxes

$854

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Appliance Inclusions: Dishwasher, Range/Oven
  • Estimated Total Acres: 0.043
  • Class: RESIDENTIAL
  • Em Deposit: 2000
  • Em Holder: CTCS
  • Legal Lot Block: SUBDIVISION PAYSON QUARTER SE1/4 SECTION 27 TOWNSHIP 36 RANGE 16 SUBDIVISION PAYSON TR 124FT X 149FT IN TR 9 OR SE1/4SE1/4 S: 27 :36 R:16 .43A
  • Lot Size Acreage: .25-.5
  • Parcel Id Number: 561127400029
  • Price Per Sq Ft: 138.29
  • Real Estate Included: Yes
  • Realist Id: 5611-274-00-029
  • Residence Stories: One Story
  • Residence Style: A Frame
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 138.29
  • Street Descriptionaccess: City/Town
  • Tax Account Id: R010319
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Service: Yes
  • Total Taxes Dollar: 853.96
  • Year Built: 1957
  • Foreign Owned Y N: No
  • Prop Description Remarks: OLDER HOME ON LARGE LOT IN TOWN. 3 BEDROOMS PLUS OFFICE. 2 FULL BATHS AND ONE 3/4 BATH. FIREPLACE IN LIVING ROOM, BUILTIN CHINA CLOSET IN DINING ROOM. LARGE ENCLOSED PORCH IN BACK WITH HOT TUB. LAUNDRY ROOM OFF THE ENCLOSED PORCH. 2 CARPORTS. LARGE FENCED BACK YARD. PLENTY OF OFF-STREET PARKING. CLOSE TO SCHOOLS WITHIN WALKING DISTANCE OF MESA SCHOOL.
  • Subdv Name: Payson
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Dining Room: Living Room Dining
  • Dining Room: Yes
  • Bedrooms: 3
  • Flooring: Carpet-Partial
  • Estimated Total Sq Ft: 1627
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 3
  • Fireplace Location Type: Living Room
  • Main Level Sq Ft: 1627
  • Total Office Den: 0

Garage/Parking

  • Carport: Yes
  • Carport Spaces: 2

Utilities

  • Utilities: Natural Gas
  • 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

  • Elementary School: Mesa 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

Tax Info

  • Tax Year: 2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2023
Closed on
Nov 27, 2024
Sold by
Davis John C and Davis Laurisa L
Bought by
Hanson Capital Llc
Seller's Agent
Gerry Parker
Century 21 West Slope Realty
Buyer's Agent
Gerry Parker
Century 21 West Slope Realty
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%
Views
186
Current Estimated Value
$234,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,498
Avg. Annual Appreciation
6.37%
Original Mortgage
$180,000
Outstanding Balance
$179,336
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$55,162

Purchase Details

Closed on
Jun 10, 2006
Sold by
Englehart Charles D and Englehart Judy
Bought by
Davis John C and Davis Laurisa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,733
Interest Rate
6.46%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 17, 1990
Sold by
Johnson Everett C
Bought by
Englehart Charles D
Source: Public Records

Range of Values:

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Average Value
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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
Hanson Capital Llc $225,000 None Listed On Document
Hanson Capital Llc $225,000 None Listed On Document
Davis John C $99,820 None Available
Englehart Charles D $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanson Capital Llc $180,000
Closed Hanson Capital Llc $180,000
Previous Owner Davis John C $196,733
Previous Owner Englehart Charles D $91,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2024 12/03/24 Sold $225,000 -10.0% $138 / Sq Ft
11/06/2024 11/06/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $250,000 0.0% $154 / Sq Ft
09/29/2024 09/29/24 Pending -- -- --
09/03/2024 09/03/24 Price Changed $250,000 -9.1% $154 / Sq Ft
08/09/2024 08/09/24 Price Changed $275,000 -8.0% $169 / Sq Ft
07/19/2024 07/19/24 Price Changed $299,000 -9.1% $184 / Sq Ft
04/04/2024 04/04/24 Price Changed $329,000 -8.6% $202 / Sq Ft
12/12/2023 12/12/23 For Sale $359,900 -- $221 / 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 $707 $13,755 $4,628 $9,127
2023 $707 $18,133 $6,101 $12,032
2022 $683 $14,129 $2,786 $11,343
2021 $695 $14,129 $2,786 $11,343
2020 $678 $14,316 $3,065 $11,251
2019 $680 $14,316 $3,065 $11,251
2018 $823 $12,910 $2,770 $10,140
2017 $819 $12,910 $2,770 $10,140
2016 $722 $12,560 $3,060 $9,500
2015 $662 $182,980 $0 $0
2014 $771 $12,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 809764

Colorado Real Estate Network (CREN)

APN: R010319