$315,000
SOLD APR 29, 2022

505 N Market St Cortez, CO 81321

3 Beds
2 Baths
1,740 Sq Ft
7,100 Sq Ft Lot

Recently Sold

$181 Per Sq Ft

7% Below List Price

89 Days on Market

Highlights

  • Guest House
  • Ranch Style House
  • Granite Countertops
  • Mountain View
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of July 2024

Large home with Shop in City Limits! Located on N Market St. This home has been remodeled with beautiful slate floors, new carpet in a bedroom, updated paint, new central AC unit and Natural Gas has been installed to the home with updated gas stove and gas water heater. Stainless steel appliances, granite counter tops and a small wall bar are featured in the kitchen. There is an extra large family size room. There is lots of storage throughout the home. The master bedroom has 2 walk in closets and an on suite with jacuzzi tub. There's a detached guest room/office that has heat an ac to it aswell. The detached garage/shop allows for off-street parking, storage, and/or projects. Home has updated security monitors and additional added to the garage. It has 3 bay doors, two with alley access. Large fenced back yard with seperate dog run. Call for your tour today

Last Agent to Sell the Property

Merridith Obletz

Stacked Real Estate Professionals Listed on: 12/20/2021

Last Buyer's Agent

Jessica Likes

Century 21 West Slope Realty

Century 21 West Slope Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $754

Year Built

  • Built in 1948

Lot Details

  • 7,100 Sq Ft Lot
  • Privacy Fence
  • Back Yard Fenced
  • Sprinkler System

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Architectural Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,740 Sq Ft Home
  • Double Pane Windows
  • Vinyl Clad Windows
  • Combination Dining and Living Room
  • Mountain Views
  • Crawl Space
  • Home Security System

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Shed
  • Outdoor Gas Grill

Additional Homes

  • Guest House

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 561126210003

Home Details

Home Type

Single Family

Est. Annual Taxes

$754

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Microwave, Freezer
  • Estimated Total Acres: 0.163
  • Class: RESIDENTIAL
  • Em Deposit: 3500
  • Em Holder: Title company
  • Exterior Inclusions: Shed/Storage, Gas Grill, Lawn Sprinklers, Covered Porch
  • Interior Inclusions: Granite Counters, Pantry, Security System, Walk In Closet
  • Legal Lot Block: SUBDIVISION: HILTZVILLE LOT: 7-8 BLOCK: 4 B436 P144 B440 P184
  • List Price per Sq Ft: 193.68
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 561126210003
  • Price Per Sq Ft: 181.03
  • Real Estate Included: Yes
  • Realist Id: 5611-262-10-003
  • Residence Stories: One Story
  • Residence Style: Ranch
  • Sale/Rent: For Sale
  • Siding: Wood
  • Sold Price Sq Ft: 181.03
  • Street Descriptionaccess: City/Town, Paved, Public
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Service: Yes
  • Total Taxes Dollar: 753.88
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Dining Room: Living Room Dining
  • Bedrooms: 3
  • Flooring: Carpet-Partial, Hardwood, Slate, Tile
  • Estimated Total Sq Ft: 1740
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Foundation: Crawl Space
  • Total Office Den: 0

Exterior Features

  • Fence: Privacy, Fenced - Back
  • Windows: Double Pane, Vinyl
  • Construction Type: Wood Frame
  • Exterior Structures: Garage, Guest House, Metal Building, Workshop
  • Roof: Architectural Shingles
  • Views: Mountains

Garage/Parking

  • Garage Type: Detached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Electric, Natural Gas, Internet
  • Cooling: Central A/C
  • Electric Supplier: Empire Electric Association, Inc
  • Gas Supplier: Atmos Energy
  • Heating System: Forced Air
  • Sewer Supplier: City of Cortez
  • Water Heater: Gas Water Heater
  • 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

Tax Info

  • Tax Year: 2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Jul 8, 2024
Sold by
Murphy Brandon E and Murphy Heather R
Bought by
Edmondson Stephen
Seller's Agent
Jessica Likes
Century 21 West Slope Realty
Buyer's Agent
Derek Beckman
United Country Blue Sky Homes and Land
List Price
$349,000
Sold Price
$340,000
Premium/Discount to List
-$9,000
-2.58%
Views
20
Current Estimated Value
$340,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$805
Avg. Annual Appreciation
1.88%
Original Mortgage
$255,000
Outstanding Balance
$253,052
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$93,998

Purchase Details

Closed on
Nov 7, 2018
Sold by
Belmont Jason William
Bought by
Cosavalente Piero

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.7%
Mortgage Type
VA

Purchase Details

Closed on
Sep 6, 2015
Sold by
Yearout Douglas W and Yearout Jennifer
Bought by
Belmont Jason William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,290
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2005
Sold by
Yearout Douglas W
Bought by
Yearout Douglas W and Yearout Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2003
Sold by
Hinton La Verne
Bought by
Yearout Douglas W

Purchase Details

Closed on
Oct 30, 2002
Sold by
Hinton Dale Dean
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 Type Sale Price Title Company
Special Warranty Deed $340,000 None Listed On Document
Warranty Deed $220,000 Colorado Title & Closing Ser
Warranty Deed $188,000 Colorado Title & Closing Ser
Interfamily Deed Transfer -- None Available
Deed $85,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $255,000 New Conventional
Previous Owner $260,000 VA
Previous Owner $220,552 VA
Previous Owner $2,213,741 VA
Previous Owner $220,000 VA
Previous Owner $201,728 No Value Available
Previous Owner $191,290 New Conventional
Previous Owner $165,600 New Conventional
Previous Owner $38,500 Unknown
Previous Owner $112,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $340,000 -2.6% $195 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
05/24/2024 05/24/24 For Sale $349,000 +10.8% $201 / Sq Ft
04/29/2022 04/29/22 Sold $315,000 -6.5% $181 / Sq Ft
03/19/2022 03/19/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $337,000 0.0% $194 / Sq Ft
02/26/2022 02/26/22 Pending -- -- --
02/07/2022 02/07/22 Price Changed $337,000 -3.7% $194 / Sq Ft
12/20/2021 12/20/21 For Sale $350,000 -- $201 / 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 $938 $18,259 $1,997 $16,262
2023 $938 $22,637 $2,475 $20,162
2022 $770 $15,920 $1,130 $14,790
2021 $783 $15,920 $1,130 $14,790
2020 $669 $14,127 $1,243 $12,884
2019 $671 $14,127 $1,243 $12,884
2018 $806 $12,640 $1,120 $11,520
2017 $802 $12,640 $1,120 $11,520
2016 $691 $12,030 $1,240 $10,790
2015 $634 $175,290 $0 $0
2014 $739 $12,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 789343

Colorado Real Estate Network (CREN)

APN: R009226