NOT LISTED FOR SALE

540 N Nevada Ave Montrose, CO 81401

Estimated Value: $313,000 - $360,000

2 Beds
1.5 Baths
1,318 Sq Ft
$259/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $320,000 $243 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,879/month

3 Days on Market

Highlights

  • Wood Burning Stove
  • Wood Flooring
  • Great Room
  • Den with Fireplace
  • Corner Lot
  • 2-minute walk to Buckley Park

About This Home

As of May 2024

Welcome to this stunning home with a seamless, open floor plan designed for effortless entertaining. The kitchen and backyard provide the ideal setting for your next gathering, featuring unique custom cabinetry and a spacious island with a breakfast bar for ample seating. Natural light floods through the dining room's floor-to-ceiling windows, adding a warm and inviting ambiance. The beautifully updated cork flooring with in-floor heating ensures comfort in every season. Central air conditioning and high-quality appliances elevate your living experience. Retreat to the remodeled master bathroom, which showcases a sleek, walk-in shower with glass doors and a floating vanity, offering a spa-like feel. This home sits on a generous corner lot, providing a blank canvas for your landscaping and outdoor design ideas. Call your favorite agent for a showing today, this home is a must-see!

Last Agent to Sell the Property

Andrew Reed

Keller Williams Colorado West Realty Listed on: 05/01/2024

Keller Williams Colorado West Realty

Last Buyer's Agent

Michelle Klippert

CENTURY 21 Elevated Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,422

Year Built

  • Built in 1948

Lot Details

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

Parking

  • 1 Car Detached Garage

Home Design

  • Stick Built Home

Interior Spaces

  • 1,318 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Great Room
  • Family Room
  • Den with Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Patio
  • Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Internet Available
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 376728105006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,422

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher
  • Estimated Total Acres: 0.14
  • Class: RESIDENTIAL
  • Em Deposit: 2%
  • Em Holder: Land Title
  • Exterior Inclusions: Landscaping, Patio, Lawn Sprinklers
  • Legal Lot Block: SUBD: MARCHANT PEABODYS SUBD BLOCK: 12 LOT: 14 THRU:- LOT: 17 FRONT OR WLY 1/2 OF ALL LOTS S: 28 T: 49 R: 9
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 376728105006
  • Price Per Sq Ft: 242.79
  • Property Description: Corner
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 242.79
  • Street Descriptionaccess: City/Town
  • Street Designation: Avenue
  • Tax Account Id: R0002732
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Service Avail: Yes
  • Total Taxes Dollar: 1421.66
  • Year Built: 1948
  • Foreign Owned Y N: No
  • Prop Description Remarks: Welcome to this stunning home with a seamless, open floor plan designed for effortless entertaining. The kitchen and backyard provide the ideal setting for your next gathering, featuring unique custom cabinetry and a spacious island with a breakfast bar for ample seating. Natural light floods through the dining room's floor-to-ceiling windows, adding a warm and inviting ambiance. The beautifully updated cork flooring with in-floor heating ensures comfort in every season. Central air conditioning and high-quality appliances elevate your living experience. Retreat to the remodeled master bathroom, which showcases a sleek, walk-in shower with glass doors and a floating vanity, offering a spa-like feel. This home sits on a generous corner lot, providing a blank canvas for your landscaping and outdoor design ideas. Call your favorite agent for a showing today, this home is a must-see!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Bedrooms: 2
  • Flooring: Carpet-Partial, Hardwood, Tile, Vinyl
  • Estimated Total Sq Ft: 1318
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Family Room: Yes
  • Fireplace Location Type: Den/Family Room, Woodstove
  • Great Room: Yes
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Exterior Structures: Shed

Garage/Parking

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

Utilities

  • Utilities: Electric, Internet, Phone - Landline
  • Cooling: Central A/C
  • 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

  • High School: Montrose 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
May 31, 2024
Sold by
Palumbo Eric
Bought by
Morgan Charley
Seller's Agent
Andrew Reed
Keller Williams Colorado West Realty
Buyer's Agent
Michelle Klippert
CENTURY 21 Elevated Real Estate
List Price
$299,000
Sold Price
$320,000
Premium/Discount to List
$21,000
7.02%
Views
13
Current Estimated Value
$340,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,747
Avg. Annual Appreciation
4.56%
Original Mortgage
$12,160
Outstanding Balance
$6,349
Interest Rate
7.1%
Mortgage Type
FHA
Estimated Equity
$334,398

Purchase Details

Closed on
Aug 29, 2016
Sold by
Gingell Sandra L
Bought by
Palumbo Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2014
Sold by
Gingell Sandra L
Bought by
Gingell Sandra L

Purchase Details

Closed on
Aug 29, 2003
Sold by
Webb Richard Earl and Webb Lori Ann
Bought by
Conner John A and Conner Mary E

Purchase Details

Closed on
May 8, 2001
Sold by
Webb Bessie L
Bought by
Webb Richard Earl and Webb Lori Ann

Purchase Details

Closed on
Mar 19, 2001
Sold by
Elam Arleen Imes
Bought by
Webb Bessie L

Purchase Details

Closed on
Dec 5, 1986
Sold by
Miles Ray Allen and Miles Deborah Gail
Bought by
Elam Arleen Imes and Webb Bessie L

Purchase Details

Closed on
Feb 13, 1981
Sold by
Brooks John Alford and Brooks Dorothy Gayle
Bought by
Miles Ray Allen and Miles Deborah Gail
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
Morgan Charley $320,000 None Listed On Document
Palumbo Eric $150,000 Land Title Guarantee
Gingell Sandra L -- None Available
Conner John A $113,000 --
Webb Richard Earl $80,000 --
Webb Bessie L -- --
Elam Arleen Imes $49,500 --
Miles Ray Allen $49,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Charley $12,160
Open Morgan Charley $304,000
Previous Owner Palumbo Eric $142,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2024 05/31/24 Sold $320,000 0.0% $243 / Sq Ft
05/16/2024 05/16/24 Price Changed $320,000 +7.0% $243 / Sq Ft
05/04/2024 05/04/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $299,000 -- $227 / 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 $1,156 $16,230 $3,000 $13,230
2023 $1,156 $20,660 $3,820 $16,840
2022 $1,027 $14,930 $2,780 $12,150
2021 $1,059 $15,360 $2,860 $12,500
2020 $894 $13,330 $2,470 $10,860
2019 $900 $13,330 $2,470 $10,860
2018 $697 $10,070 $1,990 $8,080
2017 $691 $10,070 $1,990 $8,080
2016 $613 $9,080 $2,010 $7,070
2015 $602 $9,080 $2,010 $7,070
2014 $486 $7,840 $2,010 $5,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 813059

Colorado Real Estate Network (CREN)

APN: R0002732