NOT LISTED FOR SALE

540 N 5th St Montrose, CO 81401

Estimated Value: $178,000 - $284,000

1 Bed
1 Bath
528 Sq Ft
$415/Sq Ft Est. Value

Last Sold December 22, 2020

Last sale price $115,000 $218 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,249/month

19 Days on Market

Highlights

  • RV or Boat Parking
  • Bungalow
  • Forced Air Heating System
  • 2 Car Detached Garage
  • 1-Story Property
  • 4-minute walk to Buckley Park

About This Home

As of December 2020

TINY HOME w/a large, shop/garage off the alley way. Off street parking on this lot. This cozy little home includes 1 bedroom and a full bath. Sunny & bright back porch w/lots of windows and washer/dryer area. Lovely yard w/rose bushes and room for a garden.

Last Agent to Sell the Property

Vicki Jones

RE/MAX Alpine View Listed on: 10/20/2020

RE/MAX Alpine View

Co-Listed By

Doug Phillips

Norris-Phillips Real Estate, LLC

Last Buyer's Agent

Kristen Hughes

Tree Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $538

Year Built

  • Built in 1948

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125

Home Design

  • Bungalow
  • Metal Roof
  • Metal Siding
  • Stick Built Home

Interior Spaces

  • 528 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Oven or Range

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • RV or Boat Parking

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
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 376728123002

Home Details

Home Type

Single Family

Est. Annual Taxes

$538

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator
  • Estimated Total Acres: 0.14
  • Class: RESIDENTIAL
  • Em Deposit: 1500
  • Em Holder: Fidelity National Title
  • Legal Lot Block: Lots 3 & 4, Block 38 SELIGS ADDN 28-49-9
  • List Price per Sq Ft: 264.96
  • Lot Dimension: 50X125
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 376728123002
  • Price Per Sq Ft: 217.8
  • Real Estate Included: Yes
  • Realist Id: 3767-281-23-002
  • Residence Stories: One Story
  • Residence Style: Bungalow
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Metal
  • Sold Price Sq Ft: 217.8
  • Street Descriptionaccess: City/Town
  • Street Designation: Street
  • Tax Account Id: R0002677
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Service Avail: Yes
  • Total Taxes Dollar: 537.56
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Bedrooms: 1
  • Flooring: Carpet-Partial, Linoleum
  • Estimated Total Sq Ft: 528
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Foundation: Crawl Space
  • Main Level Sq Ft: 528
  • Total Office Den: 0

Exterior Features

  • Roof: Metal

Garage/Parking

  • Garage Type: Detached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Heating System: Forced Air
  • Sewer Supplier: City of Montrose
  • 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: 2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2020
Closed on
Dec 22, 2020
Sold by
Jebb Llc
Bought by
Warner Stephanie R
Seller's Agent
Vicki Jones
RE/MAX Alpine View
Buyer's Agent
Kristen Hughes
Tree Realty, LLC
List Price
$139,900
Sold Price
$115,000
Premium/Discount to List
-$24,900
-17.8%
Current Estimated Value
$219,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,023
Avg. Annual Appreciation
12.62%
Original Mortgage
$80,500
Outstanding Balance
$72,768
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$128,008

Purchase Details

Closed on
May 15, 2015
Sold by
D & D Investment Rentals Llc
Bought by
Jebb Llc

Purchase Details

Closed on
Jul 28, 2008
Sold by
Estate Of Marguerite Gertrude Devor and Devor Dennis R
Bought by
D&D Investment Rentals Llc

Purchase Details

Closed on
Oct 24, 1980
Sold by
Burdick Ellen M and Warrick Carolyn L
Bought by
Devor Marquerite M
Source: Public Records

Range of Values:

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Average Value
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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
Warner Stephanie R $115,000 Fidelity National Title
Jebb Llc $69,000 Fntc
D&D Investment Rentals Llc -- None Available
Devor Marquerite M $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warner Stephanie R $80,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2020 12/22/20 Sold $115,000 -17.8% $218 / Sq Ft
11/08/2020 11/08/20 Pending -- -- --
11/06/2020 11/06/20 For Sale $139,900 0.0% $265 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
10/20/2020 10/20/20 For Sale $139,900 -- $265 / 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 $654 $9,190 $2,630 $6,560
2023 $654 $13,360 $3,820 $9,540
2022 $650 $9,440 $2,780 $6,660
2021 $669 $9,710 $2,860 $6,850
2020 $534 $7,960 $2,470 $5,490
2019 $538 $7,960 $2,470 $5,490
2018 $449 $6,490 $1,990 $4,500
2017 $446 $6,490 $1,990 $4,500
2016 $449 $6,650 $2,010 $4,640
2015 $441 $6,650 $2,010 $4,640
2014 -- $6,060 $2,010 $4,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 775738

Colorado Real Estate Network (CREN)

APN: R0002677