Seller's Agent in 2023
Joni Klein
Coldwell Banker Distinctive Properties
(970) 258-0056
163 Total Sales
623 and 625 S 4th St Montrose, CO 81401
Estimated Value: $337,000 - $411,856
3
Beds
2
Baths
1,542
Sq Ft
$240/Sq Ft
Est. Value
Highlights
- RV or Boat Parking
- Wood Flooring
- Wood Siding
- Living Room with Fireplace
- Bungalow
- 4-minute walk to Fox Park
About This Home
As of July 2023Introducing a fantastic investment opportunity at 623 and 625 S 1st Street, Montrose, CO, 81401! This charming property features a 2-bedroom bungalow with a bonus back porch space, as well as an adorable 1-bedroom Accessory Dwelling Unit (ADU) in the rear off of the alley. Nestled on a spacious 6250 square feet lot, this delightful property is perfect for investors or homeowners looking to generate income from a second unit. Currently housing great tenants who would love to stay, both units exude charm and character. The bungalow boasts a peaceful, fenced yard, while the ADU offers its own charming outdoor space. Experience the convenience of a prime downtown location, with easy access to all amenities including the hospital. This property presents a unique opportunity for traveling nurses or those considering a vacation rental business. Or live in one unit and rent out the other. Explore the endless possibilities that this charming property has to offer. Don't miss out on this incredible opportunity in beautiful Montrose Colorado– schedule your viewing today!
Last Agent to Sell the Property
Coldwell Banker Distinctive Properties Listed on: 05/31/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,085
Year Built
- Built in 1904 | Remodeled in 2015
Lot Details
- 6,229
Parking
- RV or Boat Parking
Home Design
- Bungalow
- Wood Siding
- Vinyl Siding
- Stick Built Home
Interior Spaces
- 1,542 Sq Ft Home
- 2-Story Property
- Gas Log Fireplace
- Living Room with Fireplace
- Oven or Range
- Washer and Dryer Hookup
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Schools
- Pomona K-5 Elementary School
- Columbine 6-8 Middle School
- Montrose 9-12 High School
Utilities
- Heating System Uses Natural Gas
- Internet Available
Additional Features
- 6,229 Sq Ft Lot
- Accessory Dwelling Unit (ADU)
Listing and Financial Details
- Assessor Parcel Number 376727323009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 8, 2025
Sold by
47 Investment Holdings
Bought by
Mitchell Alexandra
Current Estimated Value
Purchase Details
Listed on
May 31, 2023
Closed on
Jul 18, 2023
Sold by
Lemons To Lemonade Charitable Remainder
Bought by
Mitchell Alexandra and 47 Investment Holdings Llc
Seller's Agent
Joni Klein
Coldwell Banker Distinctive Properties
Buyer's Agent
Kristen Hughes
Tree Realty, LLC
List Price
$439,000
Sold Price
$415,000
Premium/Discount to List
-$24,000
-5.47%
Views
27
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.83%
Purchase Details
Closed on
Nov 18, 2014
Sold by
Hemstrom Heather
Bought by
Cary James D
Purchase Details
Closed on
Jun 16, 2011
Sold by
Brock Bobbie S
Bought by
Hemstrom Heather
Purchase Details
Closed on
Feb 9, 2011
Sold by
Brock Bobbie S
Bought by
Brock Bobbie S
Purchase Details
Closed on
Aug 28, 2000
Sold by
Kaser John A and Kaser Eileen M
Bought by
Sprouse Ben D
Purchase Details
Closed on
Mar 26, 1996
Sold by
Despain Jane L Reed
Bought by
Kaser John A and Kaser Eileen M
Purchase Details
Closed on
Feb 2, 1993
Sold by
Johnson Kenneth H and Johnson Grace J
Bought by
Despain Jane L Reed
Purchase Details
Closed on
Mar 29, 1960
Sold by
Fender Raymond
Bought by
Johnson Kenneth H and Johnson Grace J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mitchell Alexandra | $62,000 | None Listed On Document | |
| Mitchell Alexandra | $415,000 | Land Title | |
| Cary James D | -- | None Available | |
| Hemstrom Heather | $95,000 | Land Title | |
| Brock Bobbie S | -- | None Available | |
| Sprouse Ben D | $75,000 | -- | |
| Kaser John A | $46,000 | -- | |
| Despain Jane L Reed | $39,000 | -- | |
| Johnson Kenneth H | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/18/2023 07/18/23 | Sold | $415,000 | -5.5% | $269 / Sq Ft |
| 06/13/2023 06/13/23 | Pending | -- | -- | -- |
| 05/31/2023 05/31/23 | For Sale | $439,000 | -- | $285 / Sq Ft |
Source: Colorado Real Estate Network (CREN)
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 | $1,085 | $15,240 | $2,970 | $12,270 |
| 2023 | $1,085 | $19,630 | $3,820 | $15,810 |
| 2022 | $941 | $13,670 | $2,780 | $10,890 |
| 2021 | $969 | $14,060 | $2,860 | $11,200 |
| 2020 | $780 | $11,630 | $2,470 | $9,160 |
| 2019 | $785 | $11,630 | $2,470 | $9,160 |
| 2016 | $663 | $9,820 | $2,010 | $7,810 |
| 2015 | $452 | $6,820 | $2,010 | $4,810 |
| 2014 | $390 | $6,290 | $2,010 | $4,280 |
Source: Public Records
Agents Affiliated with this Home
-
Joni Klein
-
Kristen Hughes
K
Buyer's Agent in 2023
Kristen Hughes
Tree Realty, LLC
(970) 708-2174
43 Total Sales
Map
Source: Colorado Real Estate Network (CREN)
MLS Number: 804145
APN: R0001716
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