$325,000
$8K PRICE DROP

512 N 5th St Montrose, CO 81401

Estimated payment $1,788/month

Total Views 2,776
3 Beds
1 Bath
948 Sq Ft
$343 Price per Sq Ft

Highlights

  • Popular Property
  • Deck
  • Patio
  • RV or Boat Parking
  • 1 Car Detached Garage
  • 5-minute walk to Buckley Park

About This Home

Charming cottage located in downtown Montrose. The home sits back from street, allowing privacy. Finished basement with 2 non-conforming bedrooms or would make a great office or game room. Detached garage with electric, alley access and plenty of parking. Fresh painted deck, concrete patio, mature landscaping with fruit trees and sprinkler system.

Listing Agent

Jamie Carver

NextHome Virtual Listed on: 09/15/2025

NextHome Virtual

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,043

Year Built

  • Built in 1927

Lot Details

  • 6,098 Sq Ft Lot
  • Landscaped
  • Sprinkler System

Home Design

  • Bungalow
  • Stick Built Home

Interior Spaces

  • 948 Sq Ft Home
  • Dining Room
  • Finished Basement

Kitchen

  • Oven or Range
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • RV or Boat Parking

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 376728123004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,043

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Range Top, Refrigerator, Washer, Dryer
  • Estimated Total Acres: 0.14
  • Class: RESIDENTIAL
  • Em Deposit: 3000
  • Em Holder: Land Title
  • Exterior Inclusions: Landscaping, Patio, Deck, Lawn Sprinklers
  • Legal Lot Block: SUBD: SELIGS ADDN BLOCK: 38 LOT: 8 AND:- LOT: 9 S: 28 T: 49 R: 9
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 376728123004
  • Price Per Sq Ft: 342.83
  • Real Estate Included: Yes
  • Residence Style: Bungalow
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Street Descriptionaccess: City/Town
  • Street Designation: Street
  • Tax Account Id: R0002679
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Provider: Elevate
  • Internet Service: Yes
  • Total Taxes Dollar: 1043.00
  • Year Built: 1927
  • Foreign Owned Y N: No
  • Prop Description Remarks: Charming cottage located in downtown Montrose. The home sits back from street, allowing privacy. Finished basement with 2 non-conforming bedrooms or would make a great office or game room. Detached garage with electric, alley access and plenty of parking. Fresh painted deck, concrete patio, mature landscaping with fruit trees and sprinkler system.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Yes
  • Bedrooms: 3
  • Estimated Total Sq Ft: 948
  • Bathrooms Description: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Basement Finished Sq Ft: 256
  • Foundation: Basement-finished
  • Master Bedrm Dimensions: 10x10
  • Total Office Den: 0
  • Upper Level Sq Ft: 692

Exterior Features

  • Exterior Structures: Garage

Garage/Parking

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

Utilities

  • Utilities: Electric, Natural Gas, Internet
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Sewer Supplier: City of Montrose
  • Water Supplier: City of Montrose

Schools

  • High School: Montrose 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2025

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $673 $9,450 $2,650 $6,800
2023 $673 $13,620 $3,820 $9,800
2022 $661 $9,610 $2,780 $6,830
2021 $681 $9,880 $2,860 $7,020
2020 $545 $8,130 $2,470 $5,660
2019 $549 $8,130 $2,470 $5,660
2018 $458 $6,620 $1,990 $4,630
2017 $455 $6,620 $1,990 $4,630
2016 $515 $7,620 $2,010 $5,610
2015 $505 $7,620 $2,010 $5,610
2014 $430 $6,930 $2,010 $4,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2025 10/23/25 Price Changed $325,000 -2.4% $343 / Sq Ft
09/15/2025 09/15/25 For Sale $333,000 -- $351 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $138,000 Land Title Guarantee Co
Warranty Deed $125,000 First American Heritage Titl
Deed -- --
Deed -- --
Deed -- --
Deed $73,500 --
Deed $4,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $139,393 New Conventional
Previous Owner $100,000 New Conventional
Source: Public Records

Source: Colorado Real Estate Network (CREN)

MLS Number: 828504

Colorado Real Estate Network (CREN)

APN: R0002679