NOT LISTED FOR SALE

553 N Cedar Dr Hotchkiss, CO 81419

Estimated Value: $685,000 - $806,000

5 Beds
2.5 Baths
2,800 Sq Ft
$263/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $612,700 $219 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,109/month

Highlights

  • RV or Boat Parking
  • Wood Flooring
  • 3 Car Attached Garage
  • Ranch Style House
  • 2 Home Offices
  • 1 Irrigated Acre

About This Home

As of November 2021

Completely remodeled splendid 1940's home with all of the original touches in place and in excellent condition. The kitchen comes with all new Stainless Appliances as well as stainless counter tops. Office W/closet could be 5th Bedroom. All refinished wood floors and trim. Exquisite craftsmanship throughout. R30 attic insulation backed by a 2021 High-Efficiency forced air heater and air-conditioning system will keep you warm and cozy or cool as an ice cube whichever the outside conditions call for. There is an 2nd detached one car garage with the ability to turn the Rec Room into an additional one car space. There are also outside carport spaces available. If you are looking for a classic property this is it. This is a must see home waiting for your visit. Plenty of irrigation water for lawn and landscaping all served with a sprinkler system. All this as well as garden space. Oh yes all of the country feel and only a short walk or bike ride to town. Don't wait until it's too late! Check it out.

Last Agent to Sell the Property

Robert Pennetta

WesternColoradoRealty.com Listed on: 10/05/2021

Last Buyer's Agent

Tammy Geisler

RE/MAX Mountain West, Inc. - Paonia

RE/MAX Mountain West, Inc. - Paonia

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,093

Year Built

  • Built in 1942 | Remodeled in 2021

Lot Details

  • 2

Home Design

  • Ranch Style House
  • Studio
  • Composition Roof
  • Stick Built Home

Interior Spaces

  • 2,800 Sq Ft Home
  • Family Room
  • Dining Room
  • 2 Home Offices
  • Finished Basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • 2 Carport Spaces
  • RV or Boat Parking

Schools

  • Hotchkiss K-8 Middle School
  • Hotchkiss 9-12 High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Irrigation Water Rights
  • Internet Available

Additional Features

  • 2 Acre Lot
  • Accessory Dwelling Unit (ADU)
  • 1 Irrigated Acre

Community Details

  • Property has a Home Owners Association
  • Tullis Minor HOA

Listing and Financial Details

  • Assessor Parcel Number 324330381002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,093

Year Built

Built in 1942 | Remodeled in 2021

Lot Details

0

Listing Details

  • Additional Living Quarters: Yes
  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer
  • Estimated Irrigation Acres: 1
  • Estimated Total Acres: 2
  • Class: RESIDENTIAL
  • Em Deposit: $5000
  • Em Holder: Title Company
  • Fronts: Cedar Ave.
  • Legal Lot Block: Pt NW 1/4 of SW 1/4 Sec30 Twp14 S, Rg 92W 6thPM
  • List Price per Sq Ft: 223.21
  • Parcel Id Number: 324330381002
  • Price Per Sq Ft: 218.82
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Residence Style: Ranch
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 218.82
  • Street Descriptionaccess: City/Town
  • Street Designation: Drive
  • Type: Stick Built
  • Additional Living Type: Studio
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Provider: Elevate
  • Internet Service: Yes
  • Total Taxes Dollar: 1,092.88
  • Year Built: 1942
  • Year Renovated: 2021
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Dining Room: Yes
  • Bedrooms: 5
  • Flooring: Carpet-Partial, Hardwood, Vinyl
  • Estimated Total Sq Ft: 2800
  • Bathrooms Description: 7'5 x 12
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 3
  • Family Room: Yes
  • Basement Finished Sq Ft: 1100
  • Foundation: Basement-finished
  • Main Level Sq Ft: 1700
  • Master Bedrm Dimensions: 12X16'4
  • Office Den Dimensions: 12'4 x 8'4
  • Total Office Den: 2

Exterior Features

  • Construction Type: Wood Frame
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Carport: Yes
  • Carport Spaces: 2
  • Garage Capacity: 3

Utilities

  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Heating System: Forced Air
  • Irrigation Water Description Amount: Per Willow Heights
  • Irrigation Water District: Willow Heights Irrigation
  • Laundry Util Dimensions: large
  • Sewer Supplier: Town of Hotchkiss
  • Water Rights Irrigation: Yes
  • Water Supplier: Town of Hotchkiss

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Name: Tullis Minor

Schools

  • High School: Hotchkiss 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

MLS Schools

  • Elementary School: Open Enrollment
  • Middle School: Hotchkiss K-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2021
Closed on
Nov 30, 2021
Sold by
Brian Matus
Bought by
Reed Joel
Seller's Agent
Robert Pennetta
WesternColoradoRealty.com
Buyer's Agent
Tammy Geisler
RE/MAX Mountain West, Inc. - Paonia
List Price
$625,000
Sold Price
$612,700
Premium/Discount to List
-$12,300
-1.97%
Current Estimated Value
$735,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,185
Avg. Annual Appreciation
4.80%
Original Mortgage
$426,000
Outstanding Balance
$391,703
Interest Rate
3.09%
Mortgage Type
VA
Estimated Equity
$344,182

Purchase Details

Closed on
Nov 18, 2013
Sold by
The Joanne L Tullis Revocable Trust
Bought by
Matus Brian and Matus Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,500
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 21, 2011
Sold by
Tullis Joanne L and Tullis Linda G
Bought by
Tullis Lind G and The Joanne L Tullis Revocable

Purchase Details

Closed on
Nov 14, 2007
Sold by
Honaker Howard K and Honaker Phyllis J
Bought by
Tullis Joanne L and Tullis Linda G

Purchase Details

Closed on
Mar 9, 2007
Sold by
Honaker Howard K and Honaker Phyllis J
Bought by
Honaker Howard K and Honaker Phyllis J
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
Reed Joel -- None Listed On Document
Reed Joel $612,700 Heritage Title Company
Matus Brian $206,500 Heritage Title
Tullis Lind G -- None Available
Tullis Joanne L $350,000 None Available
Honaker Howard K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Joel $426,000
Closed Reed Joel $426,000
Previous Owner Matus Brian $156,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2021 11/30/21 Sold $612,700 -2.0% $219 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
10/18/2021 10/18/21 For Sale $625,000 +2.0% $223 / Sq Ft
10/07/2021 10/07/21 Off Market $612,700 -- --
10/07/2021 10/07/21 For Sale $625,000 0.0% $223 / Sq Ft
10/07/2021 10/07/21 Price Changed $625,000 +2.0% $223 / Sq Ft
10/06/2021 10/06/21 Off Market $612,700 -- --
10/05/2021 10/05/21 Price Changed $624,500 +0.1% $223 / Sq Ft
10/05/2021 10/05/21 For Sale $624,000 -- $223 / 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 $2,851 $37,558 $7,470 $30,088
2023 $2,851 $37,558 $7,470 $30,088
2022 $1,196 $16,116 $2,884 $13,232
2021 $1,200 $16,580 $2,967 $13,613
2020 $1,093 $14,875 $2,967 $11,908
2019 $1,074 $14,875 $2,967 $11,908
2018 $1,135 $15,121 $2,952 $12,169
2017 $1,016 $15,121 $2,952 $12,169
2016 $1,052 $16,264 $2,706 $13,558
2014 -- $19,198 $3,184 $16,014
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 787538

Colorado Real Estate Network (CREN)

APN: R023917