NOT LISTED FOR SALE

7582 Road 23 Cortez, CO 81321

Estimated Value: $449,000 - $616,000

3 Beds
3 Baths
1,613 Sq Ft
$326/Sq Ft Est. Value

Sale Details

Date Sold: March 1, 2024

Last sale price $420,000 $260 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,906 / mo

16 Days on Market

Highlights

  • Horses Allowed On Property
  • Mountain View
  • Eat-In Kitchen
  • 12 Acre Lot
  • Ranch Style House
  • Double Pane Windows

About This Home

As of March 2024

Welcome to your extraordinary desert retreat in the enchanting landscape of southwest Colorado! This meticulously crafted home, built in 2014, spans a spacious 1,613 square feet and seamlessly combines modern comfort with income potential. Step into the main living space, where the open layout with concrete floors provides a contemporary and inviting atmosphere. Enjoy the comfort of in-floor radiant heat, ensuring warmth and coziness throughout the home. Recent updates to cabinet hardware in the kitchen add a touch of sophistication, and stainless steel appliances have been diligently maintained and promptly repaired, ensuring a hassle-free living experience. Connected to the main living area is a self-contained 1-bedroom, 1-bath apartment, offering a flexible living arrangement or a lucrative rental opportunity. The connecting door allows for a seamless transition between the two units, providing the option for a single-family home or additional income. Currently, the apartment is leased and occupied, adding a valuable financial dimension to this exceptional property. The last lease for the main living area just recently became vacant, highlighting the potential for a sound and potential return on investment. Nestled on a sprawling 12-acre lot, the property boasts a long, private drive surrounded by cedar trees and sagebrush, creating a tranquil and picturesque setting. In addition to the captivating views of New Mexico and the mountains of Arizona, gaze upon the breathtaking La Plata Mountains—a truly spectacular sight. The outdoor space is adorned with a variety of flora, including a lilac bush, maple trees, and cactus, adding character and color to the landscape. The meticulous landscaping around the house is a perfect fit for the southwest climate, ensuring the beauty of the surroundings is effortlessly maintained. Further enhancing the property is a convenient carport, offering protection for your vehicles and adding to the overall utility of the home. Beneath the porch, the rocks have been stabilized, ensuring the longevity and safety of this outdoor space. This attention to detail extends throughout the property, making it truly move-in ready. Embrace the tranquility and beauty of the desert landscape while enjoying the convenience of modern living. This is a rare opportunity to own a turnkey home with income potential in a breathtaking desert setting. Don't miss your chance to call this southwest Colorado gem your own—schedule a viewing and experience the unique charm and endless possibilities that await you!

Last Agent to Sell the Property

Tel Hamilton

Blackmore Group Listed on: 01/06/2024

Co-Listed By

Stetson Hamilton

Blackmore Group

Last Buyer's Agent

Casey Spitzer

RE/MAX Mesa Verde Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,041

Year Built

  • Built in 2014

Lot Details

  • 12 Acre Lot
  • Back Yard Fenced
  • Corners Of The Lot Have Been Marked

Parking

  • 1 Carport Space

Home Design

  • Ranch Style House
  • Slab Foundation
  • Metal Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 1,613 Sq Ft Home
  • Partially Furnished
  • Double Pane Windows
  • Concrete Flooring
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Utilities

  • Boiler Heating System
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Tankless Water Heater
  • Septic Tank
  • Septic System
  • Internet Available

Additional Features

  • Cattle
  • Horses Allowed On Property

Community Details

  • Windmill Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 563704204005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,041

Year Built

Built in 2014

Lot Details

12 Acres

Listing Details

  • Appliance Inclusions: Range/Oven, Dishwasher, Disposal, Microwave
  • Estimated Total Acres: 12
  • Class: RESIDENTIAL
  • Em Deposit: 4500
  • Em Holder: Title Company
  • Legal Lot Block: SUBDIVISION: WINDMILL RIDGE LOT: 4 SUBDIVISION: WINDMILL RIDGE LOT: 4 12A (NO MIN INT - MC1305)
  • Livestock Allowed: Cattle, Horses
  • Lot Size Acreage: 10 - 19.99
  • Parcel Id Number: 563704204005
  • Price Per Sq Ft: 260.38
  • Property Description: Corners Marked
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Residence Style: Ranch
  • Sale/Rent: For Sale
  • Siding: Stucco
  • Sold Price Sq Ft: 260.38
  • Street Descriptionaccess: County, Gravel
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: 1041
  • Year Built: 2014
  • Foreign Owned Y N: No
  • Prop Description Remarks: Welcome to your extraordinary desert retreat in the enchanting landscape of southwest Colorado! This meticulously crafted home, built in 2014, spans a spacious 1,613 square feet and seamlessly combines modern comfort with income potential. Step into the main living space, where the open layout with concrete floors provides a contemporary and inviting atmosphere. Enjoy the comfort of in-floor radiant heat, ensuring warmth and coziness throughout the home. Recent updates to cabinet hardware in the kitchen add a touch of sophistication, and stainless steel appliances have been diligently maintained and promptly repaired, ensuring a hassle-free living experience. Connected to the main living area is a self-contained 1-bedroom, 1-bath apartment, offering a flexible living arrangement or a lucrative rental opportunity. The connecting door allows for a seamless transition between the two units, providing the option for a single-family home or additional income. Currently, the apartment is leased and occupied, adding a valuable financial dimension to this exceptional property. The last lease for the main living area just recently became vacant, highlighting the potential for a sound and potential return on investment. Nestled on a sprawling 12-acre lot, the property boasts a long, private drive surrounded by cedar trees and sagebrush, creating a tranquil and picturesque setting. In addition to the captivating views of New Mexico and the mountains of Arizona, gaze upon the breathtaking La Plata Mountains—a truly spectacular sight. The outdoor space is adorned with a variety of flora, including a lilac bush, maple trees, and cactus, adding character and color to the landscape. The meticulous landscaping around the house is a perfect fit for the southwest climate, ensuring the beauty of the surroundings is effortlessly maintained. Further enhancing the property is a convenient carport, offering protection for your vehicles and adding to the overall utility of the home. Beneath the porch, the rocks have been stabilized, ensuring the longevity and safety of this outdoor space. This attention to detail extends throughout the property, making it truly move-in ready. Embrace the tranquility and beauty of the desert landscape while enjoying the convenience of modern living. This is a rare opportunity to own a turnkey home with income potential in a breathtaking desert setting. Don't miss your chance to call this southwest Colorado gem your own—schedule a viewing and experience the unique charm and endless possibilities that await you!
  • Subdv Name: Windmill Ridge
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Dining Room: Eat-in Kitchen
  • Bedrooms: 3
  • Flooring: Stained/Stamped Concrete
  • Estimated Total Sq Ft: 1613
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 2
  • Total Bathrooms: 3
  • Foundation: Slab
  • Total Office Den: 0

Exterior Features

  • Fence: Partial Property, Fenced - Back
  • Windows: Double Pane
  • Construction Type: Wood Frame
  • Roof: Metal
  • Views: Mountains

Garage/Parking

  • Carport: Yes
  • Carport Spaces: 1

Utilities

  • Utilities: Electric, Propane-Tank Leased, Internet
  • Electric Supplier: Empire Electric Association, Inc
  • Gas Supplier: Propane
  • Heating System: Boiler
  • Sewer Supplier: Septic
  • Water Heater: Tankless
  • Water Supplier: Montezuma County Water District

Schools

  • High School: Montezuma-Cortez 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Partially Furnished

Tax Info

  • Tax Year: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2024
Closed on
Feb 24, 2024
Sold by
Gregory Catherine and Gregory Ruth
Bought by
Munroe Susan Elizabeth
Seller's Agent
Tel Hamilton
Blackmore Group
Buyer's Agent
Casey Spitzer
RE/MAX Mesa Verde Realty
List Price
$424,000
Sold Price
$420,000
Premium/Discount to List
-$4,000
-0.94%
Views
54
Current Estimated Value
$525,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,783
Avg. Annual Appreciation
11.12%
Original Mortgage
$336,000
Outstanding Balance
$328,380
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$197,403

Purchase Details

Closed on
Nov 2, 2022
Sold by
Given Not
Bought by
Given Not

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,450
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2022
Sold by
Noel Colin Michael
Bought by
Gregory Catherine and Gregory Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,450
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 26, 2021
Closed on
Jul 1, 2021
Sold by
Powers Jodee
Bought by
Noel Colin Michael and Warden Gregory Catherine
Seller's Agent
Bill Stanley
United Country Blue Sky Homes and Land
Buyer's Agent
Holly Matson
Berkshire Hathaway HomeServices Colorado Properties
List Price
$390,000
Sold Price
$395,000
Premium/Discount to List
$5,000
1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.15%
Original Mortgage
$375,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2014
Sold by
Wilkin Danny L and Wilkin Jeanie R
Bought by
Powers Jodee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Munroe Susan Elizabeth $420,000 None Listed On Document
Given Not -- --
Gregory Catherine -- Stewart Title
Noel Colin Michael $395,000 Colorado Ttl & Closing Svcs
Powers Jodee $58,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munroe Susan Elizabeth $336,000
Previous Owner Given Not $376,450
Previous Owner Gregory Catherine $376,450
Previous Owner Noel Colin Michael $375,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2024 03/01/24 Sold $420,000 -0.9% $260 / Sq Ft
01/22/2024 01/22/24 Pending -- -- --
01/06/2024 01/06/24 For Sale $424,000 +7.3% $263 / Sq Ft
07/07/2021 07/07/21 Sold $395,000 +1.3% $245 / Sq Ft View Prior Sale
06/01/2021 06/01/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $390,000 -- $242 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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 $1,652 $113,560 $0 $113,560
2024 $1,652 $96,294 $0 $96,294
2023 $1,446 $112,244 $0 $112,244
2022 $1,041 $73,244 $0 $73,244
2021 $1,059 $73,244 $0 $73,244
2020 $915 $65,311 $0 $65,311
2019 $913 $65,311 $0 $65,311
2018 $1,046 $17,800 $0 $17,800
2017 $1,034 $17,800 $0 $17,800
2016 $960 $50 $50 $0
2015 $8 $270 $0 $0
2014 $8 $50 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 810094

Colorado Real Estate Network (CREN)

APN: R017730

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