NOT LISTED FOR SALE

725 E 2nd St Cortez, CO 81321

Estimated Value: $277,000 - $356,000

4 Beds
2 Baths
1,400 Sq Ft
$222/Sq Ft Est. Value

Last Sold April 15, 2022

Last sale price $291,900 $208 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,737/month

About This Home

As of April 2022

Beautiful home with secondary dwelling/guest house! The main house is a 3 bed 1 bath newly painted inside/outside and the recently installed metal roof will last for years to come. You will appreciate the stylish new doors/storm doors on the front and back of home, they really add to the overall look. The front yard has nice grass and a cobble stone bordered front walk with a 2 car driveway. Go out to the back and relax in the fully fenced xeriscape backyard. On the inside are nice wood floors with neutral colors throughout the home. the hand made breakfast bar between the kitchen and living room gives it an open feel. Check out the fully remodeled bathroom with new floor and fixtures. The second home is a cozy 1 bedroom 1 bath in good condition with a metal roof, xeriscape fenced yard and a single car driveway. Garage/shop approximately 18x28 with metal roof and siding. The inside is insulated with drywall. 120/240 electric. This place feels like home!

Last Agent to Sell the Property

Terry Tevault

Century 21 West Slope Realty Listed on: 03/14/2022

Century 21 West Slope Realty

Last Buyer's Agent

Coby Wiegert

The Wells Group of Durango, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $535

Year Built

  • Built in 1958

Lot Details

  • 0.25

Parking

  • 1 Car Detached Garage

Home Design

  • 1,400 Sq Ft Home
  • Stick Built Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Manaugh K-5 Elementary School
  • Cortez 6-8 Middle School
  • Montezuma-Cortez 9-12 High School

Additional Features

  • 0.25 Acre Lot
  • Accessory Dwelling Unit (ADU)
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 561126409003

Home Details

Home Type

Single Family

Est. Annual Taxes

$535

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Additional Living Quarters: Yes
  • Estimated Total Acres: 0.25
  • Class: RESIDENTIAL
  • Em Deposit: 2500
  • Em Holder: Colorado Title & Closing
  • Legal Lot Block: Subdivision: MCBRIDE ADDITION Lot: 6 Block: 1 B 470 P 630 B 490 P 147
  • List Price per Sq Ft: 214.29
  • Parcel Id Number: 561126409003
  • Price Per Sq Ft: 208.5
  • Real Estate Included: Yes
  • Realist Id: 5611-264-09-003
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 208.5
  • Street Designation: Street
  • Type: Stick Built
  • Additional Living Type: ADU-Accessory Dwelling Unit
  • Internet Service Avail: Yes
  • Total Taxes Dollar: 535.48
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Estimated Total Sq Ft: 1400
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Total Office Den: 0

Garage/Parking

  • Garage Type: Detached Garage
  • Garage: Yes
  • Garage Capacity: 1

Utilities

  • Electric Supplier: Empire Electric Association, Inc
  • Gas Supplier: Atmos Energy
  • Sewer Supplier: Cortez Sanitation District
  • Water Supplier: City of Cortez

Schools

  • Elementary School: Manaugh K-5
  • Middle School: Cortez 6-8
  • High School: Montezuma-Cortez 9-12
  • High School: Montezuma-Cortez 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

MLS Schools

  • Elementary School: Manaugh K-5
  • Middle School: Cortez 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Tevault Terry R
Current Estimated Value
$311,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,526
Outstanding Balance
$70,185
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$241,261

Purchase Details

Closed on
May 3, 2012
Sold by
Merritt Vermilia E and Merritt Kyle C
Bought by
Colorado Housing & Finance Authority

Purchase Details

Closed on
May 2, 2012
Sold by
Colorado Housing & Finance Authority
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Feb 29, 2008
Sold by
Wheeler Terri J and Wheeler Russell E
Bought by
Merritt Kyle C and Merritt Vermilia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,230
Interest Rate
6.29%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 29, 2005
Sold by
Bennetts Andrew M
Bought by
Wheller Terri J and Wheller Russell E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tevault Terry R -- None Available
Colorado Housing & Finance Authority -- None Available
The Secretary Of Housing & Urban Develop -- None Available
Merritt Kyle C -- None Available
Wheller Terri J $104,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tevault Terry R $98,526
Previous Owner Merritt Kyle C $4,230
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2022 04/15/22 Sold $291,900 -2.7% $209 / Sq Ft
03/26/2022 03/26/22 Pending -- -- --
03/19/2022 03/19/22 For Sale $300,000 0.0% $214 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $300,000 -- $214 / 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 $942 $18,335 $2,322 $16,013
2023 $942 $22,713 $2,876 $19,837
2022 $527 $10,890 $1,313 $9,577
2021 $535 $10,890 $1,313 $9,577
2020 $434 $9,159 $1,445 $7,714
2019 $435 $9,159 $1,445 $7,714
2018 $427 $6,700 $1,310 $5,390
2017 $425 $6,700 $1,310 $5,390
2016 $376 $6,550 $1,440 $5,110
2015 $345 $95,500 $0 $0
2014 $402 $6,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 791328

Colorado Real Estate Network (CREN)

APN: R010030