NOT LISTED FOR SALE

538 N Elm St Cortez, CO 81321

Estimated Value: $237,000 - $290,000

2 Beds
1 Bath
979 Sq Ft
$264/Sq Ft Est. Value

Last Sold April 24, 2024

Last sale price $275,000 $281 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,412/month

7 Days on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Double Pane Windows
  • Wood Flooring
  • Formal Dining Room
  • Shed

About This Home

As of April 2024

Here is a Gem !! This Cute little bungalow style home received a foundation up restoration in 2009 and updates in 2020. This historic home was once one of the package home kits that were available for purchase at the local lumber yard. According to Jim Olsen of Slavens True Value, customers in the late 1940's and 50's could order the home from a number of designs and then the home was constructed on site. The Slavens family created this subdivision and a number of the homes in this subdivision are of this type of construction. All electrical, plumbing, sewer and water main lines have been replaced. Beautifully refinished original wood floors, alder cabinets, and lots of quality lighting. The efficient kitchen is accented with ceramic and glass tile with a spacious separate dining room right around the corner. The back yard is completely privacy fenced and both front and back yards have automatic sprinklers. The back yard is wonderfully landscaped with a stone accented seating area and fire pit surrounded by lovely perennial gardens and raised garden beds for vegetable gardening. The gated alley access is great for additional parking and access to the backyard. The seller recently installed a fantastic 16 X 12 storage shed that includes a quaint covered porch for relaxing and enjoying the beautiful flowers and plants. All the fencing was recently maintained and painted so there's not much to do but enjoy life at home in a wonderful setting.

Last Agent to Sell the Property

Scott Wallace

4 Corners Properties, Inc. Listed on: 03/12/2024

Last Buyer's Agent

Jessica Likes

Century 21 West Slope Realty

Century 21 West Slope Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $667

Year Built

  • Built in 1948 | Remodeled in 2009

Lot Details

  • 7,100 Sq Ft Lot
  • Privacy Fence
  • Back Yard Fenced
  • Sprinkler System

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Architectural Shingle Roof
  • Stone Siding
  • Stick Built Home
  • Stucco

Interior Spaces

  • 979 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Construction
  • Energy-Efficient Insulation

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

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

Community Details

  • Slavens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 561126208003

Home Details

Home Type

Single Family

Est. Annual Taxes

$667

Year Built

Built in 1948 | Remodeled in 2009

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave
  • Estimated Total Acres: 0.163
  • Class: RESIDENTIAL
  • Em Deposit: 2500
  • Em Holder: CTCS
  • Exterior Inclusions: Patio, Lawn Sprinklers, Covered Porch
  • Interior Inclusions: Ceiling Fan(s)
  • Legal Lot Block: Lots 16-17 Block 1 Slavens Subdivision
  • Lot Dimension: 7100
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 561126208003
  • Price Per Sq Ft: 280.9
  • Property Attached: Yes
  • Real Estate Included: Yes
  • Realist Id: 5611-262-08-003
  • Residence Stories: One Story
  • Residence Style: Ranch
  • Sale/Rent: For Sale
  • Siding: Stone, Stucco
  • Sold Price Sq Ft: 280.9
  • Street Descriptionaccess: City/Town, Paved
  • Tax Account Id: R009215
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: 667
  • Year Built: 1948
  • Year Renovated: 2009
  • Foreign Owned Y N: No
  • Prop Description Remarks: Here is a Gem !! This Cute little bungalow style home received a foundation up restoration in 2009 and updates in 2020. This historic home was once one of the package home kits that were available for purchase at the local lumber yard. According to Jim Olsen of Slavens True Value, customers in the late 1940's and 50's could order the home from a number of designs and then the home was constructed on site. The Slavens family created this subdivision and a number of the homes in this subdivision are of this type of construction. All electrical, plumbing, sewer and water main lines have been replaced. Beautifully refinished original wood floors, alder cabinets, and lots of quality lighting. The efficient kitchen is accented with ceramic and glass tile with a spacious separate dining room right around the corner. The back yard is completely privacy fenced and both front and back yards have automatic sprinklers. The back yard is wonderfully landscaped with a stone accented seating area and fire pit surrounded by lovely perennial gardens and raised garden beds for vegetable gardening. The gated alley access is great for additional parking and access to the backyard. The seller recently installed a fantastic 16 X 12 storage shed that includes a quaint covered porch for relaxing and enjoying the beautiful flowers and plants. All the fencing was recently maintained and painted so there's not much to do but enjoy life at home in a wonderful setting.
  • Subdv Name: Slavens
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Dining Room: Separate Dining
  • Dining Room: Yes
  • Bedrooms: 2
  • Flooring: Hardwood, Tile
  • Estimated Total Sq Ft: 979
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Foundation: Crawl Space, Concrete
  • Main Level Sq Ft: 979
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Fence: Privacy, Partial Property, Fenced - Back
  • Windows: Double Pane, Low Emittance, Vinyl
  • Construction Type: Wood
  • Exterior Structures: Shed
  • Roof: Architectural Shingles

Utilities

  • Utilities: Electric, Natural Gas
  • Cooling: Window A/C Unit(s)
  • Electric Supplier: Empire Electric Association, Inc
  • Gas Supplier: Atmos Energy
  • Heating System: Forced Air
  • Sewer Supplier: City of Cortez
  • Water Heater: Electric Water Heater
  • Water Supplier: City of Cortez

Schools

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

Green Features

  • Green Efficient: Construction, Insulation

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
Apr 23, 2024
Sold by
Baer Clara M
Bought by
Chace Karla
Seller's Agent
Scott Wallace
4 Corners Properties, Inc.
Buyer's Agent
Jessica Likes
Century 21 West Slope Realty
List Price
$275,000
Sold Price
$275,000
Views
29
Current Estimated Value
$258,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,482
Avg. Annual Appreciation
-4.20%

Purchase Details

Listed on
Sep 9, 2020
Closed on
Oct 9, 2020
Sold by
James L Erger Family Trust
Bought by
Baer Clara M
Seller's Agent
Scott Wallace
4 Corners Properties, Inc.
Buyer's Agent
Scott Wallace
4 Corners Properties, Inc.
List Price
$175,000
Sold Price
$164,000
Premium/Discount to List
-$11,000
-6.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.72%
Original Mortgage
$64,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2009
Sold by
Nash Robert and Nash Teresa
Bought by
James L Erger Family Trust

Purchase Details

Closed on
Oct 31, 2005
Sold by
Ferrin Robert W and Ferrin Darlene Pino
Bought by
Nash Teresa and Nash Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,257
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2005
Sold by
Ashton Investment Management
Bought by
Ashton Merle E and Ashton Judith

Purchase Details

Closed on
Apr 22, 1998
Sold by
Irvin Linda C
Bought by
Ferrin Robert W
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Chace Karla $275,000 None Listed On Document
Baer Clara M $164,000 Colorado Ttl & Closing Svcs
James L Erger Family Trust $75,300 None Available
Nash Teresa $71,850 None Available
Ashton Merle E -- None Available
Ferrin Robert W $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baer Clara M $64,000
Previous Owner Nash Teresa $68,257
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/24/2024 04/24/24 Sold $275,000 0.0% $281 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $275,000 +67.7% $281 / Sq Ft
10/09/2020 10/09/20 Sold $164,000 -6.3% $173 / Sq Ft View Prior Sale
09/09/2020 09/09/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $175,000 -- $185 / 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 $507 $9,881 $1,715 $8,166
2023 $507 $14,259 $2,475 $11,784
2022 $482 $9,977 $1,130 $8,847
2021 $491 $9,977 $1,130 $8,847
2020 $385 $8,132 $1,243 $6,889
2019 $386 $8,132 $1,243 $6,889
2018 $662 $10,380 $1,120 $9,260
2017 $658 $10,380 $1,120 $9,260
2016 $591 $10,280 $1,240 $9,040
2015 $542 $149,720 $0 $0
2014 $631 $10,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 811550

Colorado Real Estate Network (CREN)

APN: R009215