$310,000
SOLD DEC 18, 2025

506 E 1st Ave Otis, CO 80743

4 Beds
3 Baths
2,350 Sq Ft
37,462 Sq Ft Lot

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

0.86 Acres

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
Current Estimated Value
$306,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,278
Avg. Annual Appreciation
-3.86%
Original Mortgage
$232,500
Outstanding Balance
$232,500
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
$74,222

Purchase Details

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

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
2025 $2,090 $20,846 $469 $20,377
2024 $2,090 $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

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Map

Source: IRES MLS

MLS Number: IRE1048602

IRES MLS

APN: 98045001001

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