NOT LISTED FOR SALE

509 N 5th St Montrose, CO 81401

Estimated Value: $293,000 - $396,000

3 Beds
2 Baths
1,492 Sq Ft
$226/Sq Ft Est. Value

Last Sold November 03, 2023

Last sale price $275,000 $184 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,916/month

52 Days on Market

About This Home

As of November 2023

Bring your design ideas. House has many opportunities! Close to Main St. Spacious rooms with master bedroom on main floor. 2 bedrooms and 1 bathroom upstairs. Single car detached garage with access from the alley. New roof put on in 2022.

Last Agent to Sell the Property

Kathryn Travers

RE/MAX Today Listed on: 08/16/2023

RE/MAX Today

Last Buyer's Agent

Shawn Carroll

NextHome Virtual

NextHome Virtual

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $449

Year Built

  • Built in 1937

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • 1,492 Sq Ft Home
  • Asphalt Roof
  • Stick Built Home

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Northside K-5 Elementary School
  • Centennial 6-8 Middle School
  • Montrose 9-12 High School

Utilities

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

Additional Features

  • Basement

Community Details

  • Selig's Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 376728124003

Home Details

Home Type

Single Family

Est. Annual Taxes

$449

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Appliance Inclusions: Refrigerator, Washer, Dishwasher, Dryer, Range/Oven
  • Estimated Total Acres: 0.17
  • Class: RESIDENTIAL
  • Em Deposit: 3000
  • Em Holder: Land Title
  • Legal Lot Block: TBD by Title company
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 376728124003
  • Price Per Sq Ft: 184.32
  • Real Estate Included: Yes
  • Realist Id: 3767-281-24-003
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 184.32
  • Street Descriptionaccess: City/Town
  • Street Designation: Street
  • Type: Stick Built
  • Internet Service: Yes
  • Total Taxes Dollar: 449
  • Year Built: 1937
  • Foreign Owned Y N: No
  • Prop Description Remarks: Bring your design ideas. House has many opportunities! Close to Main St. Spacious rooms with master bedroom on main floor. 2 bedrooms and 1 bathroom upstairs. Single car detached garage with access from the alley. New roof put on in 2022.
  • Subdv Name: Selig's Addition
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Estimated Total Sq Ft: 1492
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Foundation: Basement-below grade
  • Total Office Den: 0

Exterior Features

  • Exterior Structures: Garage
  • Roof: Asphalt

Garage/Parking

  • Garage Type: Detached Garage
  • Garage: Yes
  • Garage Capacity: 1

Utilities

  • Utilities: Electric, Natural Gas
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Heating System: Forced Air
  • Sewer Supplier: City of Montrose
  • Water Heater: Gas Water Heater
  • Water Supplier: City of Montrose

Schools

  • Elementary School: Northside K-5
  • Middle School: Centennial 6-8
  • High School: Montrose 9-12
  • High School: Montrose 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

MLS Schools

  • Elementary School: Northside K-5
  • Middle School: Centennial 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2024
Sold by
Cairns Gregory Joseph and Hoover Charlotte Alice
Bought by
Cairns Gregory Joseph and Cairns Charlotte Alice
Current Estimated Value
$337,891

Purchase Details

Listed on
Aug 16, 2023
Closed on
Nov 6, 2023
Sold by
Jeffers Andrew E
Bought by
Cairns Gregory Joseph and Hoover Charlotte Alice
Seller's Agent
Kathryn Travers
RE/MAX Today
Buyer's Agent
Shawn Carroll
NextHome Virtual
List Price
$325,000
Sold Price
$275,000
Premium/Discount to List
-$50,000
-15.38%
Views
79

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.01%
Original Mortgage
$220,000
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 1997
Sold by
Jeffers Mary Lou
Bought by
Jeffers Mary Lou and Jeffers Andrew E

Purchase Details

Closed on
Mar 22, 1966
Sold by
Devor George W and Devor Marguerite M
Bought by
Jeffers Forrest A and Jeffers Mary Lou
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cairns Gregory Joseph -- None Listed On Document
Cairns Gregory Joseph $275,000 Land Title
Jeffers Mary Lou -- --
Jeffers Forrest A $115,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cairns Gregory Joseph $220,000
Previous Owner Jeffers Andrew $21,055
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Sold $275,000 -8.3% $184 / Sq Ft
10/07/2023 10/07/23 Pending -- -- --
09/22/2023 09/22/23 Price Changed $299,900 -7.7% $201 / Sq Ft
08/16/2023 08/16/23 For Sale $325,000 -- $218 / 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 $944 $13,260 $2,880 $10,380
2023 $944 $17,580 $3,820 $13,760
2022 $449 $13,040 $2,780 $10,260
2021 $462 $13,410 $2,860 $10,550
2020 $367 $10,940 $2,470 $8,470
2019 $369 $10,940 $2,470 $8,470
2018 $282 $8,160 $1,990 $6,170
2017 $280 $8,160 $1,990 $6,170
2016 $261 $7,720 $2,010 $5,710
2015 $512 $7,720 $2,010 $5,710
2014 $404 $6,510 $2,010 $4,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 807082

Colorado Real Estate Network (CREN)

APN: R0002724