NOT LISTED FOR SALE

545 N Elm St Cortez, CO 81321

Estimated Value: $132,000 - $239,000

2 Beds
1 Bath
1,040 Sq Ft
$192/Sq Ft Est. Value

Sale Details

Date Sold: November 7, 2024

Last sale price $165,000 $159 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,113 / mo

103 Days on Market

Highlights

  • Wood Burning Stove
  • Shed
  • Forced Air Heating System
  • Ranch Style House

About This Home

As of November 2024

Classic Mid-Century In-Town Southwest Colorado Home FOR SALE! Your new and meticulously cared for Cortez downtown home is located on a large lot with a fenced back yard close to shopping, parks and recreation. Are you looking for a small town feeling in town? Cortez is in a desirable area for outdoor activities, the arts & music, with many events and festivals throughout the year. Surrounding towns include Dolores, Mancos, Durango, Telluride, Silverton and Moab. Enjoy comfort and convenience in your new home! Room To Expand - Extra Large Lot With Alley Entrance FEATURES Recently updated, this 2 bed/1 bath home is move in ready. There is a new Electrical panel with designated lines to the stove, refrigerator, and clothes washer. Upgrades include a new Whirlpool washer and dryer set, new hot water tank and water lines, and newly installed double pane windows, exterior door and front storm door. In the backyard there is a new 6-foot dividing fence with gates, a storage shed and gated alley access. The floor plan flows from the living room through the galley-style kitchen into the craft room/workshop and laundry room. Take a short trip to the lib New appliance rary or just relax on your front porch surrounded by flowers. Cortez is located amongst many archeological sites such as Mesa Verde, Canyons of the Ancients and the Crow Canyon Archeological Center. It’s near the Four Corners area which is where the states of Colorado, Utah, Arizona and New Mexico meet. Cortez has a population of fewer than 10,000 residents, it’s the county’s most populous municipality, and it’s surrounded by immense wide-open spaces and state and national parks! The area is popular with backcountry hikers and outdoor lovers, but there are cultural, art and historical attractions as well.

Last Agent to Sell the Property

Lissa Pinello

United Country Blue Sky Homes and Land Listed on: 06/17/2024

United Country Blue Sky Homes and Land

Last Buyer's Agent

Gina Buchanan

The Wells Group of Durango, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $329

Year Built

  • Built in 1949

Lot Details

  • 7,100

Home Design

  • Ranch Style House
  • Stick Built Home

Interior Spaces

  • 1,040 Sq Ft Home
  • Wood Burning Stove
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Internet Available

Additional Features

  • Shed
  • 7,100 Sq Ft Lot

Community Details

  • Slavens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 561126207002

Home Details

Home Type

Single Family

Est. Annual Taxes

$329

Year Built

Built in 1949

Lot Details

7,100 Sq Ft Lot

Listing Details

  • Appliance Inclusions: Refrigerator, Washer, Dryer, Range/Oven
  • Estimated Total Acres: 0.163
  • Class: RESIDENTIAL
  • Em Deposit: 2500
  • Em Holder: Title Company
  • Legal Lot Block: Subdivision: SLAVENS Lot: 3-4 Block: 2 B543 P359 B611 P657 B713 P628
  • Lot Dimension: 7100
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 561126207002
  • Price Per Sq Ft: 158.65
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Residence Style: Ranch
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 158.65
  • Street Designation: Street
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Service: Yes
  • Total Taxes Dollar: 328.96
  • Year Built: 1949
  • Foreign Owned Y N: No
  • Prop Description Remarks: Classic Mid-Century In-Town Southwest Colorado Home FOR SALE! Your new and meticulously cared for Cortez downtown home is located on a large lot with a fenced back yard close to shopping, parks and recreation. Are you looking for a small town feeling in town? Cortez is in a desirable area for outdoor activities, the arts & music, with many events and festivals throughout the year. Surrounding towns include Dolores, Mancos, Durango, Telluride, Silverton and Moab. Enjoy comfort and convenience in your new home! Room To Expand - Extra Large Lot With Alley Entrance FEATURES Recently updated, this 2 bed/1 bath home is move in ready. There is a new Electrical panel with designated lines to the stove, refrigerator, and clothes washer. Upgrades include a new Whirlpool washer and dryer set, new hot water tank and water lines, and newly installed double pane windows, exterior door and front storm door. In the backyard there is a new 6-foot dividing fence with gates, a storage shed and gated alley access. The floor plan flows from the living room through the galley-style kitchen into the craft room/workshop and laundry room. Take a short trip to the lib New appliance rary or just relax on your front porch surrounded by flowers. Cortez is located amongst many archeological sites such as Mesa Verde, Canyons of the Ancients and the Crow Canyon Archeological Center. It’s near the Four Corners area which is where the states of Colorado, Utah, Arizona and New Mexico meet. Cortez has a population of fewer than 10,000 residents, it’s the county’s most populous municipality, and it’s surrounded by immense wide-open spaces and state and national parks! The area is popular with backcountry hikers and outdoor lovers, but there are cultural, art and historical attractions as well.
  • Subdv Name: Slavens
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Bedrooms: 2
  • Estimated Total Sq Ft: 1040
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Fireplace Location Type: Woodstove
  • Main Level Sq Ft: 1040
  • Total Office Den: 0

Exterior Features

  • Construction Type: Wood Frame
  • Exterior Structures: Shed

Utilities

  • Utilities: Electric, Internet, Phone - Cell Reception
  • Electric Supplier: Empire Electric Association, Inc
  • Gas Supplier: Propane
  • Heating System: Forced Air
  • Sewer Supplier: City of Cortez
  • Water Supplier: City of Cortez

Schools

  • High School: Montezuma-Cortez 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2024
Closed on
Nov 5, 2024
Sold by
Kirk Susan
Bought by
Garcia Emma Adriana
Seller's Agent
Lissa Pinello
United Country Blue Sky Homes and Land
Buyer's Agent
Gina Buchanan
The Wells Group of Durango, LLC
List Price
$250,000
Sold Price
$165,000
Premium/Discount to List
-$85,000
-34%
Views
39
Current Estimated Value
$199,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,356
Avg. Annual Appreciation
13.63%
Original Mortgage
$132,000
Outstanding Balance
$129,849
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$69,507

Purchase Details

Listed on
Nov 13, 2023
Closed on
Dec 21, 2023
Sold by
Shelton Martin Lynn and Shelton Virginia Martin
Bought by
Kirk Susan
Seller's Agent
Dawn Utrup
Just Real Estate, LLC
Buyer's Agent
Lissa Pinello
United Country Blue Sky Homes and Land
List Price
$165,000
Sold Price
$140,000
Premium/Discount to List
-$25,000
-15.15%
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.53%

Purchase Details

Closed on
Feb 27, 2009
Sold by
Taylor Duane
Bought by
Martin Lynn Shelton and Martin Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Garcia Emma Adriana $165,000 None Listed On Document
Kirk Susan $140,000 None Listed On Document
Martin Lynn Shelton $35,000 Colorado Land Title Co
Martin Lynn Shelton $35,000 Colorado Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Emma Adriana $132,000
Previous Owner Martin Lynn Shelton $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2024 11/07/24 Sold $165,000 -2.9% $159 / Sq Ft
09/28/2024 09/28/24 Pending -- -- --
09/19/2024 09/19/24 Price Changed $170,000 -22.4% $163 / Sq Ft
09/08/2024 09/08/24 Price Changed $219,000 -4.8% $211 / Sq Ft
08/25/2024 08/25/24 Price Changed $230,000 -8.0% $221 / Sq Ft
06/17/2024 06/17/24 For Sale $250,000 +78.6% $240 / Sq Ft
12/22/2023 12/22/23 Sold $140,000 -15.2% $192 / Sq Ft View Prior Sale
11/21/2023 11/21/23 Pending -- -- --
11/13/2023 11/13/23 For Sale $165,000 -- $226 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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
2025 $676 $13,402 $1,469 $11,933
2024 $676 $7,044 $1,527 $5,517
2023 $361 $11,421 $2,475 $8,946
2022 $379 $7,842 $1,130 $6,712
2021 $386 $7,842 $1,130 $6,712
2020 $314 $6,621 $1,243 $5,378
2019 $314 $6,621 $1,243 $5,378
2018 $391 $6,130 $1,120 $5,010
2017 $389 $6,130 $1,120 $5,010
2016 $354 $6,160 $1,240 $4,920
2015 $325 $89,690 $0 $0
2014 $378 $6,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 814901

Colorado Real Estate Network (CREN)

APN: R009203

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