NOT LISTED FOR SALE

516 W 4th St Cortez, CO 81321

Estimated Value: $193,569 - $271,000

-- Bed
2 Baths
1,353 Sq Ft
$177/Sq Ft Est. Value

Last Sold December 29, 2020

Last sale price $150,001 $111 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,353/month

10 Days on Market

About This Home

As of December 2020

This home is located at 516 W 4th St, Cortez, CO 81321 since 20 November 2020 and is currently estimated at $239,642, approximately $177 per square foot. This property was built in 1943. 516 W 4th St is a home located in Montezuma County with nearby schools including Montezuma-Cortez High School, Children's Kiva Montessori School, and Children's Kiva Montessori Preschool & Kindergarten.

Last Agent to Sell the Property

Bill Stanley

United Country Blue Sky Homes and Land Listed on: 11/20/2020

United Country Blue Sky Homes and Land

Last Buyer's Agent

Cody Wells

Xtrov

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $434

Year Built

  • Built in 1943

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • Duplex
  • Composition Roof
  • Stucco

Interior Spaces

  • 2 Full Bathrooms
  • 1,353 Sq Ft Home
  • 1-Story Property
  • Basement
  • Crawl Space
  • Oven or Range

Flooring

  • Carpet
  • Linoleum

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

  • Mesa K-5 Elementary School
  • Cortez 6-8 Middle School
  • Montezuma-Cortez 9-12 High School

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 561127405009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$434

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator
  • Estimated Total Acres: 0.16
  • Class: Multifamily
  • Em Deposit: 2000
  • Em Holder: Closing Company Trust
  • Legal Lot Block: Subdivision: WESTERN Lot: 28 Block: 6 Subdivision: WESTERN Lot: 27 Block: 6 SUBDIVISION: WESTERN BLOCK: 6 LOT: 27 AND:- LOT: 28
  • List Price per Sq Ft: 110.79
  • Parcel Id Number: 561127405009
  • Price Per Sq Ft: 110.87
  • Residence Stories: One Story
  • Sale/Rent: For Sale
  • Siding: Stucco
  • Sold Price Sq Ft: 110.87
  • Street Descriptionaccess: City/Town, Paved
  • Street Designation: Street
  • Zoning: Residential Multi Family
  • Domestic Water Sewer: City Water
  • Heating Fuelsystem: Natural Gas
  • Type: Duplex
  • Total Taxes Dollar: 434.00
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1072

Interior Features

  • Flooring: Carpet, Linoleum
  • Estimated Total Sq Ft: 1353
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Foundation: Basement-below grade, Crawl Space
  • Total Office Den: 0

Exterior Features

  • Roof: Composition

Garage/Parking

  • Parking Spaces: 2
  • Parking: Off Street

Utilities

  • Electric Supplier: Empire Electric Association, Inc
  • Gas Supplier: Atmos Energy
  • Sewer Supplier: Cortez Sanitation District
  • Water Supplier: City of Cortez

Schools

  • Elementary School: Mesa K-5
  • Middle School: Cortez 6-8
  • High School: Montezuma-Cortez 9-12
  • High School: Montezuma-Cortez 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Multi Family

  • No. of Units: 2

Tax Info

  • Tax Year: 2020

MLS Schools

  • Elementary School: Mesa K-5
  • Middle School: Cortez 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2021
Sold by
Wells Dillon John and Wells Danielle Alexis
Bought by
Ddwells 4Th Street Llc
Current Estimated Value
$239,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Outstanding Balance
$101,761
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$133,755

Purchase Details

Listed on
Nov 20, 2020
Closed on
Dec 28, 2020
Sold by
Gregory Danielle R and Estate Of Harold Atwood
Bought by
Wells Dillon John and Wells Danielle Alexis
Seller's Agent
Bill Stanley
United Country Blue Sky Homes and Land
Buyer's Agent
Cody Wells
Xtrov
List Price
$149,900
Sold Price
$150,001
Premium/Discount to List
$101
0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.59%

Purchase Details

Closed on
Feb 24, 2014
Sold by
Pina Silvia M
Bought by
Atwood Harold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,429
Interest Rate
4.55%
Mortgage Type
VA

Purchase Details

Closed on
Apr 26, 2013
Sold by
Pina Silvia M
Bought by
Pina Silvia M and Rezek Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,656
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2004
Sold by
Singleton Silvia P
Bought by
Singleton Silvia P and Singleton Timothy G
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
Ddwells 4Th Street Llc -- None Available
Wells Dillon John $150,001 None Available
Atwood Harold $113,000 Colorado Land Title Co
Pina Silvia M -- Colorado Land Title Co
Pina Silvia M -- Colorado Land Title Inc
Singleton Silvia P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ddwells 4Th Street Llc $112,500
Previous Owner Atwood Harold $115,429
Previous Owner Pina Silvia M $83,656
Previous Owner Singleton Timothy G $17,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2020 12/29/20 Sold $150,001 +0.1% $111 / Sq Ft
11/30/2020 11/30/20 Pending -- -- --
11/28/2020 11/28/20 For Sale $149,900 0.0% $111 / Sq Ft
11/21/2020 11/21/20 Pending -- -- --
11/20/2020 11/20/20 For Sale $149,900 -- $111 / 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 $220 $4,292 $1,225 $3,067
2023 $201 $8,670 $2,475 $6,195
2022 $389 $8,215 $1,130 $7,085
2021 $404 $8,215 $1,130 $7,085
2020 $433 $9,146 $1,243 $7,903
2019 $434 $9,146 $1,243 $7,903
2018 $490 $7,690 $1,120 $6,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 776640

Colorado Real Estate Network (CREN)

APN: R010403