505 N Market St Cortez, CO 81321
3
Beds
2
Baths
1,740
Sq Ft
7,100
Sq Ft Lot
Highlights
- Guest House
- Wood Flooring
- Covered Patio or Porch
- Ranch Style House
- Granite Countertops
- Formal Dining Room
About This Home
As of July 2024Welcome to your charming home in the heart of town! As you enter this 3 bedroom, 2 full bath home nestled on a large lot , you will notice the offering of both comfort and convenience. Upon entering, you'll be greeted by the versatile, spacious dining room, which could also be utilized as a combined dining/living room area. You will notice the stunning combination of slate floors and original hardwood throughout much of the home. Next you will enter the kitchen that boasts granite countertops and stainless steel appliances, as well as a bar area for eat-in dining. The LARGE living room awaits you and is perfect for entertaining guests or cozying up with loved ones. The primary bedroom has 2 walk in closets as well as an en suite bathroom with a full shower and jacuzzi tub and updated vanity area. The home boasts many recent updates, including tongue and groove accents that infuse warmth and character throughout. Fresh paint adorns both the interior and exterior, adding a modern feel to this classic beauty. The updated porch columns and railing add to the home's curb appeal, welcoming you home with style. You will also enjoy the plush comfort of new carpeting in the living room and two bedrooms. Step outside onto the covered patio, where you can unwind and soak in the tranquil surroundings. But that's not all!!! There is a BONUS room with electricity and heat just off the breezeway that can be used as a guest room, office, craft room, you name it! For the hobbyist or car enthusiast, a detached oversized 2-car garage/shop beckons, complete with an electric opener for added convenience. Alley access ensures easy entry and exit, making storage and maintenance a breeze. Stay cool during the warmer months with central air conditioning, while natural gas forced air heating keeps you cozy when the temperatures dip. Don't miss your chance to make this gem your own. Schedule a showing today and discover the perfect blend of comfort, convenience, and style in this inviting home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,059
Year Built
- Built in 1948
Lot Details
- 7,100 Sq Ft Lot
- Privacy Fence
- Back Yard Fenced
Home Design
- Ranch Style House
- Architectural Shingle Roof
- Wood Siding
- Stick Built Home
Interior Spaces
- 1,740 Sq Ft Home
- Tongue and Groove Ceiling
- Ceiling Fan
- Double Pane Windows
- Vinyl Clad Windows
- Family Room
- Formal Dining Room
- Crawl Space
Kitchen
- Eat-In Kitchen
- Oven or Range
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Carpet
- Slate Flooring
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 2 Car Detached Garage
- Garage Door Opener
Outdoor Features
- Covered Patio or Porch
- Shed
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
Community Details
- Hiltzville Subdivision
Listing and Financial Details
- Assessor Parcel Number 561126210003
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
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
Similar Homes in Cortez, CO
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 | $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
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
-
Seller's Agent in 2024
Jessica Likes
Century 21 West Slope Realty
(970) 769-4894
164 Total Sales
-
Buyer's Agent in 2024
Derek Beckman
United Country Blue Sky Homes and Land
(801) 828-6405
44 Total Sales
-
Seller's Agent in 2022
Merridith Obletz
Stacked Real Estate Professionals
(970) 739-1153
38 Total Sales
Map
Source: Colorado Real Estate Network (CREN)
MLS Number: 814017
APN: R009226
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