NOT LISTED FOR SALE

503 S Madison St Cortez, CO 81321

Estimated Value: $255,000 - $283,519

3 Beds
1 Bath
1,335 Sq Ft
$203/Sq Ft Est. Value

Last Sold September 26, 2024

Last sale price $257,500 $193 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,533/month

60 Days on Market

Highlights

  • Mountain View
  • Living Room with Fireplace
  • Wood Flooring
  • Deck
  • Ranch Style House
  • Covered Patio or Porch

About This Home

As of September 2024

This charming home boasts 3 bedrooms and a spacious bath. Hardwood floors cover most of the interior, lending a classic appeal. The kitchen exudes warmth and coziness. A standout feature is the expansive open living room, illuminated by tons of natural light streaming through large windows. Step outside onto the covered patio, perfect for relaxing or entertaining. Additionally, the property includes two outbuildings with electricity. Alley access facilitates entry to the backyard and outbuildings. Ample parking is provided by the generous carport in the rear. The potential in this one is huge! Schedule your showing today!!

Last Agent to Sell the Property

Marti Spitzer

RE/MAX Mesa Verde Realty Listed on: 05/07/2024

Co-Listed By

Kimberly Spitzer

RE/MAX Mesa Verde Realty

Last Buyer's Agent

Stuart Way

The Wells Group of Durango, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $588

Year Built

  • Built in 1958

Lot Details

  • 10,454 Sq Ft Lot
  • Privacy Fence
  • Chain Link Fence
  • Sprinkler System

Parking

  • 2 Carport Spaces

Property Views

  • Mountain
  • Valley

Home Design

  • Ranch Style House
  • Metal Roof
  • Stick Built Home

Interior Spaces

  • 1,335 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Living Room with Fireplace
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Shed

Schools

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

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Pellet Stove burns compressed wood to generate heat
  • Heating System Uses Natural Gas
  • Water Heater
  • Internet Available

Community Details

  • F R Coffins Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 561126430002

Home Details

Home Type

Single Family

Est. Annual Taxes

$588

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Appliance Inclusions: Refrigerator, Washer, Dishwasher, Dryer, Microwave, Range/Oven
  • Estimated Total Acres: 0.24
  • Class: RESIDENTIAL
  • Em Deposit: 2000
  • Em Holder: CTCS
  • Exterior Inclusions: Deck, Shed/Storage, Covered Porch, Lawn Sprinklers, Patio
  • Interior Inclusions: Pellet Stove, Window Coverings, Ceiling Fan(s), W/D Hookup
  • Legal Lot Block: SUBDIVISION: FR COFFINS ADD LOT: 4-6 BLOCK: 30 B 395 P 71 B 395 P 106-8(JT) B 664 P 234(DC)
  • Lot Dimension: .245
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 561126430002
  • Price Per Sq Ft: 192.88
  • Real Estate Included: Yes
  • Realist Id: 5611-264-30-002
  • Residence Stories: One Story
  • Residence Style: Ranch
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 192.88
  • Street Descriptionaccess: City/Town
  • Street Designation: Street
  • Tax Account Id: R010215
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Service: Yes
  • Total Taxes Dollar: 588.44
  • Year Built: 1958
  • Foreign Owned Y N: No
  • Prop Description Remarks: This charming home boasts 3 bedrooms and a spacious bath. Hardwood floors cover most of the interior, lending a classic appeal. The kitchen exudes warmth and coziness. A standout feature is the expansive open living room, illuminated by tons of natural light streaming through large windows. Step outside onto the covered patio, perfect for relaxing or entertaining. Additionally, the property includes two outbuildings with electricity. Alley access facilitates entry to the backyard and outbuildings. Ample parking is provided by the generous carport in the rear. The potential in this one is huge! Schedule your showing today!!
  • 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, Vinyl, Hardwood
  • Estimated Total Sq Ft: 1335
  • Bathrooms Description: 1 full
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Fireplace Location Type: Living Room, Pellet
  • Foundation: Crawl Space
  • Main Level Sq Ft: 1335
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Fence: Privacy, Chain Link
  • Construction Type: Wood Frame
  • Exterior Structures: Shed, Workshop
  • Roof: Metal
  • Views: Mountains, Valley

Garage/Parking

  • Carport: Yes
  • Carport Spaces: 2

Utilities

  • Utilities: Electric, Natural Gas
  • Cooling: Evaporative Cooler
  • Electric Supplier: Empire Electric Association, Inc
  • Gas Supplier: Atmos Energy
  • Heating System: Forced Air
  • Sewer Supplier: Cortez Sanitation District
  • Water Heater: Electric Water Heater
  • Water Supplier: City of Cortez

Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
Sep 26, 2024
Sold by
Roberts Leroy A and Roberts Kellie F
Bought by
Benally Lyshawna S C and Hall Jeremy W
Seller's Agent
Marti Spitzer
RE/MAX Mesa Verde Realty
Buyer's Agent
Stuart Way
The Wells Group of Durango, LLC
List Price
$260,000
Sold Price
$257,500
Premium/Discount to List
-$2,500
-0.96%
Views
24
Current Estimated Value
$271,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,880
Avg. Annual Appreciation
3.85%
Original Mortgage
$248,487
Outstanding Balance
$247,118
Interest Rate
6.49%
Mortgage Type
FHA
Estimated Equity
$19,499

Purchase Details

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

Purchase Details

Closed on
Jan 11, 2017
Sold by
Fiene Esther L
Bought by
Roberts Leroy A and Roberts Kellie F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,464
Interest Rate
4.08%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 23, 2004
Sold by
Fiene Esther Lorena
Bought by
Lee Kristine
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
Benally Lyshawna S C $257,500 Colorado Title & Closing Servi
7Th Street Llc -- First American Title
Roberts Leroy A $140,000 Colorado Title & Closing Ser
Lee Kristine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benally Lyshawna S C $248,487
Previous Owner Roberts Leroy A $86,000
Previous Owner Roberts Kellie F $133,942
Previous Owner Roberts Kellie F $133,551
Previous Owner Roberts Leroy A $137,464
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2024 09/26/24 Sold $257,500 -1.0% $193 / Sq Ft
07/06/2024 07/06/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $260,000 -- $195 / 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 $647 $12,574 $2,754 $9,820
2023 $647 $16,952 $3,713 $13,239
2022 $582 $12,031 $1,695 $10,336
2021 $591 $12,031 $1,695 $10,336
2020 $489 $10,330 $1,865 $8,465
2019 $490 $10,330 $1,865 $8,465
2018 $541 $8,480 $1,690 $6,790
2017 $538 $8,480 $1,690 $6,790
2016 $470 $8,190 $1,870 $6,320
2015 $216 $110,990 $0 $0
2014 $251 $4,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marti Spitzer

    Seller's Agent in 2024

    Marti Spitzer

    RE/MAX

    (970) 739-0447

    160 Total Sales

    Marti Spitzer
    Section Image
  • Kimberly Spitzer

    Seller Co-Listing Agent in 2024

    Kimberly Spitzer

    RE/MAX

    (970) 301-0029

    53 Total Sales

    Kimberly Spitzer
    Section Image
  • Stuart Way

    Buyer's Agent in 2024

    Stuart Way

    The Wells Group of Durango, LLC

    (970) 799-5721

    103 Total Sales

    Stuart Way
    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 813301

Colorado Real Estate Network (CREN)

APN: R010215

Colorado Montezuma County Cortez 81321

503 S Madison St, Cortez, CO

This home is located at 503 S Madison St, Cortez, CO 81321 since 07 May 2024 and is currently estimated at $271,380, approximately $203 per square foot. This property was built in 1958. 503 S Madison St 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.

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