NOT LISTED FOR SALE

547 N 5th St Montrose, CO 81401

Estimated Value: $268,000 - $332,000

2 Beds
1 Bath
1,064 Sq Ft
$288/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $260,000 $244 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,751/month

4 Days on Market

Highlights

  • Ranch Style House
  • Furnished
  • Double Pane Windows
  • Corner Lot
  • 2 Car Detached Garage
  • 5-minute walk to Buckley Park

About This Home

As of January 2022

Very clean and partially furnished 2 bedroom/1 bathroom home with a 2 car detached garage. New sewer line and tap in September of 2021 and new metal roof in 2021.***All of the furniture and furnishings left on-site (house and garage) stay with the property. Neither the sellers nor the listing brokerage or listing agent will be responsible for removing anything prior to or after closing.*** The trailer in the back yard is excluded and will be removed prior to closing.

Last Agent to Sell the Property

Bill Scharf

Phelps Real Estate Group Listed on: 09/27/2021

Last Buyer's Agent

Todd Gordon

Todd Gordon, Independent Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $764

Year Built

  • Built in 1959

Lot Details

  • 7,797 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Metal Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,064 Sq Ft Home
  • Furnished
  • Double Pane Windows
  • Crawl Space

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Evaporated cooling system
  • Baseboard Heating
  • Water Heater
  • Internet Available
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 376728124006

Home Details

Home Type

Single Family

Est. Annual Taxes

$764

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Freezer
  • Estimated Total Acres: 0.179
  • Class: RESIDENTIAL
  • Em Deposit: 2500
  • Em Holder: Title company
  • Exterior Inclusions: Lawn Sprinklers
  • Interior Inclusions: All Furnishings
  • Legal Lot Block: SELIGS ADDN Block: 37 Lot: 22 THRU:- Lot: 24 E 1/2 OF LT 22
  • List Price per Sq Ft: 253.76
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 376728124006
  • Price Per Sq Ft: 244.36
  • Property Description: Corner
  • Real Estate Included: Yes
  • Realist Id: 3767-281-24-006
  • Residence Stories: One Story
  • Residence Style: Ranch
  • Sale/Rent: For Sale
  • Siding: Vinyl
  • Sold Price Sq Ft: 244.36
  • Street Descriptionaccess: City/Town
  • Street Designation: Street
  • Type: Stick Built
  • Internet Provider: Spectrum/Charter
  • Internet Service: Yes
  • Total Taxes Dollar: 763.52
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Bedrooms: 2
  • Flooring: Carpet-Partial, Vinyl
  • Estimated Total Sq Ft: 1064
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Foundation: Crawl Space
  • Total Office Den: 0

Exterior Features

  • Fence: Partial Property
  • Windows: Double Pane
  • Construction Type: Wood Frame
  • Exterior Structures: Garage
  • Roof: Metal

Garage/Parking

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

Utilities

  • Utilities: Electric, Internet, Phone - Landline
  • Cooling: Evaporative Cooler
  • Electric Supplier: Delta-Montrose Electric Association
  • Heating System: Electric Baseboard
  • Sewer Supplier: City of Montrose
  • Water Heater: Electric Water Heater
  • 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: Partially Furnished

Tax Info

  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2021
Closed on
Jan 21, 2022
Sold by
Stan Lutz
Bought by
Vasquez Pedro Lopez
Seller's Agent
Bill Scharf
Phelps Real Estate Group
Buyer's Agent
Todd Gordon
Todd Gordon, Independent Broker
List Price
$270,000
Sold Price
$260,000
Premium/Discount to List
-$10,000
-3.7%
Current Estimated Value
$306,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,453
Avg. Annual Appreciation
4.63%
Original Mortgage
$256,300
Outstanding Balance
$241,416
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$64,737

Purchase Details

Closed on
Mar 27, 2002
Sold by
Smuin Pat and Smuin Nicole
Bought by
Lutz Stan and Lutz Ethel

Purchase Details

Closed on
Jul 30, 1999
Sold by
Edwards Gary B
Bought by
Smuin Pat and Smuin Nicole

Purchase Details

Closed on
Oct 8, 1993
Sold by
Babcock Richard N and Babcock Elaine R
Bought by
Edwards Gary B

Purchase Details

Closed on
Jan 24, 1991
Sold by
Freeman Ray M and Freeman Lavonne Freeman
Bought by
Babcock Richard N and Babcock Elaine R

Purchase Details

Closed on
Dec 15, 1987
Sold by
Franzmeier Howard W and Franzmeier Elberta M
Bought by
Freeman Ray M and Freeman Lavonne Freeman

Purchase Details

Closed on
Jun 24, 1987
Sold by
Franzmeier Grace E
Bought by
Franzmeier Howard W and Franzmeier Elberta M

Purchase Details

Closed on
Mar 14, 1959
Sold by
Dutcher James A
Bought by
Franzmeier Ernest H and Franzmeier Grace E
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
Vasquez Pedro Lopez $260,000 Land Title
Lutz Stan $95,000 --
Smuin Pat $92,000 --
Edwards Gary B $70,000 --
Babcock Richard N $44,300 --
Freeman Ray M $38,500 --
Franzmeier Howard W -- --
Franzmeier Ernest H $1,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasquez Pedro Lopez $256,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2022 01/21/22 Sold $260,000 -3.7% $244 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
09/27/2021 09/27/21 For Sale $270,000 -- $254 / 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 $1,014 $14,240 $2,930 $11,310
2023 $1,014 $18,580 $3,820 $14,760
2022 $442 $12,850 $2,780 $10,070
2021 $456 $13,220 $2,860 $10,360
2020 $382 $11,380 $2,470 $8,910
2019 $384 $11,380 $2,470 $8,910
2018 $298 $8,620 $1,990 $6,630
2017 $296 $8,620 $1,990 $6,630
2016 $275 $8,130 $2,010 $6,120
2015 $539 $8,130 $2,010 $6,120
2014 $437 $7,050 $2,010 $5,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 787265

Colorado Real Estate Network (CREN)

APN: R0002727