$310,000
SOLD DEC 18, 2025

506 E 1st Ave Otis, CO 80743

4 Beds
3 Baths
2,350 Sq Ft
0.86 Acres

Recently Sold

$132 Per Sq Ft

0 Day on Market

Highlights

  • Open Floorplan
  • No HOA
  • Walk-In Closet
  • Wood Flooring
  • 3 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of December 2025

This home is located at 506 E 1st Ave, Otis, CO 80743 and is currently priced at $310,000, approximately $131 per square foot. This property was built in 1919. 506 E 1st Ave is a home located in Washington County with nearby schools including Otis Elementary School and Otis Junior/Senior High School.

Last Agent to Sell the Property

Marty Major

Major Rural Realty, LLC Listed on: 10/17/2025

Last Buyer's Agent

Marty Major

Major Rural Realty, LLC Listed on: 10/17/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $934

Year Built

  • Built in 1919

Lot Details

  • 0.86 Acre Lot
  • Level Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,350 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Free Standing Fireplace
  • Window Treatments
  • Dining Room
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Otis Elementary And Middle School
  • Otis High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • East Mercure Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 98045001001

Home Details

Home Type

Single Family

Est. Annual Taxes

$934

Year Built

Built in 1919

Lot Details

0

Parking

3

Listing Details

  • Inclusions: Window Coverings,Electric Range/Oven,Dishwasher,Refrigerator,Clothes Washer,Clothes Dryer,Microwave
  • Year Built: 1919
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.86
  • Subdivision Name: East Mercure Add
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • New Construction: No
  • Building Stories: 3
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2350
  • Special Features: None
  • Stories: 3

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave
  • Accessibility Features: Level Lot
  • Has Basement: Partially Finished
  • Total Bedrooms: 4
  • Fireplace Features: Free Standing
  • Fireplace: Yes
  • Interior Amenities: Separate Dining Room, Open Floorplan, Walk-In Closet(s)
  • Window Features: Window Coverings
  • IRESDS_HasFamilyRoom: No
  • Master Bedroom Master Bedroom Level: Upper
  • Master Bedroom Features: Hardwood
  • Room Kitchen Features: Hardwood
  • Master Bathroom Features: Tub+Shower Primary

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Disclosures: Seller's Property Disclosure, Lead Paint Disclosure
  • Home Warranty: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • IRESDS_GarageType: Detached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Utilities: Natural Gas Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: No
  • Sewer: City Sewer
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Otis
  • HighSchool: Otis
  • Junior High Dist: Otis R-3
  • Middle Or Junior School: Otis

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 37462
  • Parcel #: 98045001001
  • Irrigation Water Rights: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 934

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2025
Closed on
Dec 18, 2025
Sold by
Taylor Aaron R and Taylor Natalie R
Bought by
Ringlein Tessa Noel
Seller's Agent
Marty Major
Major Rural Realty, LLC
Buyer's Agent
Marty Major
Major Rural Realty, LLC
List Price
$310,000
Sold Price
$310,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
84.43%
Original Mortgage
$232,500
Outstanding Balance
$232,500
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
$83,245

Purchase Details

Closed on
Jan 18, 2021
Sold by
Schoenfeld Steven C and Schoenfeld Beverly J
Bought by
Taylor Aaron R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Grant Deed $196,500 Other
Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $232,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2025 12/18/25 Sold $310,000 0.0% $132 / Sq Ft
10/17/2025 10/17/25 Pending -- -- --
10/17/2025 10/17/25 For Sale $310,000 -- $132 / Sq Ft
Source: IRES MLS

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 $934 $13,331 $502 $12,829
2023 $934 $79,992 $3,018 $76,974
2022 $693 $6,952 $521 $6,431
2021 $699 $7,152 $536 $6,616
2020 $729 $7,445 $0 $0
2019 $721 $7,446 $536 $6,910
2018 $613 $6,110 $540 $5,570
2016 -- $5,697 $597 $5,100
2015 -- $0 $0 $0
2013 -- $5,565 $597 $4,968
2012 -- $5,565 $597 $4,968
Source: Public Records

Agents Affiliated with this Home

  • Marty Major

    Seller's Agent in 2025

    Marty Major

    Major Rural Realty, LLC

    (970) 425-6464

    31 Total Sales

    Marty Major
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Map

Source: IRES MLS

MLS Number: 1048602

IRES MLS

APN: 98045001001

Colorado Washington County Otis 80743

506 E 1st Ave, Otis, CO

Sold

Detached

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.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

Listing information is provided exclusively for consumers' 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 deemed reliable but not guaranteed by the MLS.

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