5740 Highway 160-491 Cortez, CO 81321
Estimated Value: $195,000 - $303,000
3
Beds
2
Baths
1,498
Sq Ft
$171/Sq Ft
Est. Value
About This Home
This home is located at 5740 Highway 160-491, Cortez, CO 81321 and is currently estimated at $256,624, approximately $171 per square foot. 5740 Highway 160-491 is a home located in Montezuma County with nearby schools including Montezuma-Cortez High School and Cortez Adventist Christian School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 30, 2013
Sold by
Belt Danny A
Bought by
Martin Vickie Phillips and Martin Anthony Duane
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$57,307
Interest Rate
7%
Mortgage Type
Seller Take Back
Estimated Equity
$199,317
Purchase Details
Closed on
May 21, 2012
Sold by
Seely Vance L
Bought by
Belt Danny A
Purchase Details
Closed on
Feb 6, 2012
Sold by
Medina Frank J and Medina Lindsay R
Bought by
Colorado Housing & Finance Authority
Purchase Details
Closed on
Jul 8, 2011
Sold by
Colorado Housing & Finance Authority
Bought by
Secretary Of Housing & Urban Development
Purchase Details
Closed on
Mar 16, 2009
Sold by
Rank Jim L and Rank Frances L
Bought by
Medina Frank J and Medina Lindsay R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,188
Interest Rate
5.06%
Mortgage Type
FHA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Martin Vickie Phillips | $116,500 | None Available | |
| Belt Danny A | $43,250 | None Available | |
| Seeley Vance L | $34,750 | Wtg | |
| Colorado Housing & Finance Authority | -- | None Available | |
| Secretary Of Housing & Urban Development | -- | None Available | |
| Medina Frank J | $100,000 | Colorado Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Martin Vickie Phillips | $100,000 | |
| Previous Owner | Medina Frank J | $98,188 |
Source: Public Records
Tax History Compared to Growth
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 | $403 | $14,744 | $2,003 | $12,741 |
| 2023 | $403 | $19,122 | $2,598 | $16,524 |
| 2022 | $768 | $14,816 | $2,598 | $12,218 |
| 2021 | $780 | $14,816 | $2,598 | $12,218 |
| 2020 | $591 | $11,576 | $2,598 | $8,978 |
| 2019 | $589 | $11,576 | $2,598 | $8,978 |
| 2018 | $564 | $9,600 | $2,350 | $7,250 |
| 2017 | $558 | $9,600 | $2,350 | $7,250 |
| 2016 | $530 | $9,310 | $2,600 | $6,710 |
| 2015 | $523 | $135,530 | $0 | $0 |
| 2014 | $512 | $9,310 | $0 | $0 |
Source: Public Records
Map
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