NOT LISTED FOR SALE

601 S 10th St Unit 601-605 Montrose, CO 81401

Estimated Value: $451,000 - $598,069

4 Beds
4 Baths
2,803 Sq Ft
$182/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $435,000 $155 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,908/month

47 Days on Market

Highlights

  • Corner Lot
  • Evaporated cooling system
  • 4-minute walk to Rotary Park
  • 3 Car Detached Garage

About This Home

As of May 2023

This home is located at 601 S 10th St Unit 601-605, Montrose, CO 81401 since 23 February 2023 and is currently estimated at $509,517, approximately $181 per square foot. This property was built in 1974. 601 S 10th St Unit 601-605 is a home located in Montrose County with nearby schools including Pomona Elementary School, Columbine Middle School, and Montrose High School.

Last Agent to Sell the Property

Charles Trice

Trice and Company LLC Listed on: 02/23/2023

Last Buyer's Agent

Charles Trice

Trice and Company LLC Listed on: 02/23/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,105

Year Built

  • Built in 1974 | Remodeled in 2012

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100x125
  • Chain Link Fence
  • Corner Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Duplex

Interior Spaces

  • 2,803 Sq Ft Home
  • Crawl Space

Schools

  • Pomona K-5 Elementary School
  • Columbine 6-8 Middle School
  • Montrose 9-12 High School

Utilities

  • Evaporated cooling system
  • Pellet Stove burns compressed wood to generate heat

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for building insurance, real estate taxes, site maintenance (prop), trash, water/sewer
  • Assessor Parcel Number 376734113006

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Water Meter
  • Gross Income $30,960
  • Net Operating Income $22,196

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,105

Year Built

Built in 1974 | Remodeled in 2012

Lot Details

0

Listing Details

  • Estimated Total Acres: 0.28
  • Class: Multifamily
  • Em Deposit: 2%
  • Em Holder: Fidelity
  • Fronts: South 10th
  • Legal Lot Block: MONTROSE TOWN OF Block: 58 Lot: 13 THRU:- Lot: 16 S: 34 T: 49 R: 9
  • Lot Dimension: 100X125
  • Parcel Id Number: 376734113006
  • Price Per Sq Ft: 155.19
  • Property Attached: Yes
  • Property Description: Corner
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 155.19
  • Street Descriptionaccess: City/Town
  • Street Designation: Street
  • Tax Account Id: 1443
  • Zoning: Residential
  • Cap Rate Percent: 4.99
  • Domestic Water Sewer: City Water, City Sewer
  • Fireplace Type Location: Pellet, Blowers
  • Heating Fuelsystem: Electric, Pellet, Fireplace/Stove
  • Landlord Pays: Building Insurance, Real Estate Taxes, Site Maintenance (Prop), Trash, Water/Sewer
  • Property Mngr: Andrea--Leases in place
  • Total Number Electric Meters: 2
  • Total Number Water Meters: 1
  • Type: Duplex
  • Total Taxes Dollar: 2105
  • Year Built: 1974
  • Year Renovated: 2012
  • Prop Description Remarks: Remodeled in 2012. Hard wood floors, tile in kitchen and baths, laundry rooms. Evaporative coolers installed. Newer appliances in each unit. Some appliances and Washer/Dryer may be tenant owned. Each unit has a large private patio. Unit 601 has detached 2 car garage. Unit 605 has 1 car garage. Garage completely re-sided, re-roofed with metal in 2016. Each unit has a brick fireplace. Unit 605 has pellet stove insert. This is a very nice, easily maintained all brick duplex. The yard has a zoned sprinkler system. The property is fenced. NO HOA Owner will carry short term for an investor, 2 or 3 years 20% Dn Owner will not carry for Owner Occupied Any offers should contain 1031 Exchange language.
  • Unit Suite Number: 601 & 605
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Estimated Total Sq Ft: 2803
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 4
  • Foundation: Crawl Space
  • Main Level Sq Ft: 2803
  • Total Office Den: 0

Exterior Features

  • Fence: Chain Link

Garage/Parking

  • Garage Type: Detached Garage
  • Garage: Yes
  • Parking Spaces: 6
  • Garage Capacity: 3

Utilities

  • Cooling: Evaporative Cooler
  • Electric Supplier: Delta-Montrose Electric Association
  • Sewer Supplier: City of Montrose
  • Water Supplier: City of Montrose

Schools

  • Elementary School: Pomona K-5
  • Middle School: Columbine 6-8
  • High School: Montrose 9-12
  • High School: Montrose 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Tenant Pays: Electric
  • Furnished: Unfurnished

Multi Family

  • No. of Units: 2
  • Gross Scheduled Income: 30960
  • Net Operating Income: 22196

Tax Info

  • Tax Year: 2020

MLS Schools

  • Elementary School: Pomona K-5
  • Middle School: Columbine 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2008
Sold by
The John J Deltondo Family Trust
Bought by
Oliver Kenneth J and Oliver Andera C
Current Estimated Value
$509,517

Purchase Details

Closed on
Jul 30, 1999
Sold by
Macpherson Malcolm
Bought by
Deltondo John J and Deltondo Joe Ann

Purchase Details

Closed on
Dec 15, 1974
Sold by
Alvarado Valentino and Alvarado Helen
Bought by
Macpherson Malcolm
Source: Public Records

Range of Values:

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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
Oliver Kenneth J $180,000 Land Title
Deltondo John J $173,600 --
Macpherson Malcolm $7,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2023 05/01/23 Sold $435,000 -2.2% $155 / Sq Ft
04/11/2023 04/11/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $445,000 0.0% $159 / Sq Ft
03/05/2023 03/05/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $445,000 -- $159 / 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 $2,833 $39,790 $4,220 $35,570
2023 $2,833 $44,130 $4,680 $39,450
2022 $2,106 $30,600 $3,400 $27,200
2021 $2,218 $32,180 $3,580 $28,600
2020 $1,995 $29,730 $3,090 $26,640
2019 $2,008 $29,730 $3,090 $26,640
2016 $1,434 $21,230 $2,510 $18,720
2015 $1,408 $21,230 $2,510 $18,720
2014 $1,220 $19,680 $2,510 $17,170
Source: Public Records

Agents Affiliated with this Home

  • Charles Trice

    Seller's Agent in 2023

    Charles Trice

    Trice and Company LLC

    (970) 209-5356

    13 Total Sales

    Charles Trice
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 801150

Colorado Real Estate Network (CREN)

APN: R0001443

Colorado Montrose County Montrose 81401

601 S 10th St Unit 601-605, Montrose, CO

This home is located at 601 S 10th St Unit 601-605, Montrose, CO 81401 since 23 February 2023 and is currently estimated at $509,517, approximately $181 per square foot. This property was built in 1974. 601 S 10th St Unit 601-605 is a home located in Montrose County with nearby schools including Pomona Elementary School, Columbine Middle School, and Montrose High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Colorado Real Estate Network (CREN) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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