NOT LISTED FOR SALE

7116 Road 25 Cortez, CO 81321

Estimated Value: $342,000 - $394,000

Studio
1 Bath
1,440 Sq Ft
$255/Sq Ft Est. Value

About This Home

This home is located at 7116 Road 25, Cortez, CO 81321 and is currently estimated at $367,444, approximately $255 per square foot. 7116 Road 25 is a home located in Montezuma County with nearby schools including Montezuma-Cortez High School, Children's Kiva Montessori School, and Children's Kiva Montessori Preschool & Kindergarten.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2024
Sold by
Palmer John Charles
Bought by
Palmer John Charles and Browne Shanda Jean
Current Estimated Value
$367,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Outstanding Balance
$163,415
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$204,029

Purchase Details

Closed on
Sep 16, 2016
Sold by
Gordanier Ann L
Bought by
Palmer John Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,886
Interest Rate
3.45%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Palmer John Charles -- None Listed On Document
Palmer John Charles $198,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer John Charles $165,000
Previous Owner Palmer John Charles $49,886
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
2025 $1,019 $20,068 $6,695 $13,373
2024 $1,019 $18,109 $5,392 $12,717
2023 $934 $22,487 $6,695 $15,792
2022 $967 $19,911 $7,725 $12,186
2021 $985 $19,911 $7,725 $12,186
2020 $720 $15,088 $7,385 $7,703
2019 $718 $15,088 $7,385 $7,703
2018 $751 $13,640 $6,680 $6,960
2017 $743 $13,640 $6,680 $6,960
2016 $732 $13,740 $7,390 $6,350
2015 $362 $200,040 $0 $0
2014 $353 $6,870 $0 $0
Source: Public Records

Map

Colorado Montezuma County Cortez 81321

7116 Road 25, Cortez, CO

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.

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