$212,000
SOLD AUG 29, 2024

85 Colorado Ave Montrose, CO 81401

2 Beds
1 Bath
696 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$305 Per Sq Ft

4% Below List Price

Highlights

  • Bungalow
  • 1-Story Property
  • Back and Front Yard Fenced
  • Shed
  • Forced Air Heating System

About This Home

As of August 2024

Charming Bungalow that needs some love. This home is affordable and ready to move into while you make the final touches to meet your style and taste. Fenced front and back yards. Investors...this home is in the in Cities "Opportunity Zone". Confirm your plans with the planning department at the City of Montrose. With the nice sized rectangle lot, you may be able to add an ADU. Put a little work into this home and you will get an instant return on your investment. No covenants.

Last Agent to Sell the Property

Terri Fletcher

Norris-Phillips Real Estate, LLC Listed on: 08/08/2024

Co-Listed By

Jennifer Weber

Norris-Phillips Real Estate, LLC

Last Buyer's Agent

Jennifer Weber

Norris-Phillips Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $252

Year Built

  • Built in 1950

Lot Details

  • 8,276 Sq Ft Lot
  • Back and Front Yard Fenced
  • Privacy Fence
  • Chain Link Fence

Home Design

  • Bungalow
  • Asphalt Roof
  • Stick Built Home

Interior Spaces

  • 696 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Oven or Range

Flooring

  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 376734246013

Home Details

Home Type

Single Family

Est. Annual Taxes

$252

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Appliance Inclusions: Refrigerator, Washer, Dryer, Range/Oven
  • Estimated Total Acres: 0.19
  • Class: RESIDENTIAL
  • Em Deposit: 2,500
  • Em Holder: Title Company
  • Exterior Inclusions: Shed/Storage
  • Legal Lot Block: See Documents/ Disclosures for full legal description
  • Lot Size Acreage: .25-.5
  • Parcel Id Number: 376734246013
  • Price Per Sq Ft: 304.6
  • Real Estate Included: Yes
  • Realist Id: 3767-342-46-013
  • Residence Stories: One Story
  • Residence Style: Bungalow
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 304.6
  • Street Designation: Avenue
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Provider: Elevate
  • Internet Service: Yes
  • Total Taxes Dollar: 252.18
  • Year Built: 1950
  • Foreign Owned Y N: No
  • Prop Description Remarks: Charming Bungalow that needs some love. This home is affordable and ready to move into while you make the final touches to meet your style and taste. Fenced front and back yards. Investors...this home is in the in Cities "Opportunity Zone". Confirm your plans with the planning department at the City of Montrose. With the nice sized rectangle lot, you may be able to add an ADU. Put a little work into this home and you will get an instant return on your investment. No covenants.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Bedrooms: 2
  • Flooring: Laminate, Linoleum
  • Estimated Total Sq Ft: 696
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Foundation: Crawl Space
  • Main Level Sq Ft: 696
  • Total Office Den: 0

Exterior Features

  • Fence: Privacy, Fenced - Back, Fenced - Front, Chain Link
  • Construction Type: Wood
  • Exterior Structures: Shed
  • Roof: Asphalt

Utilities

  • Utilities: Electric, Natural Gas, Internet
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Heating System: Forced Air
  • Sewer Supplier: City of Montrose
  • Water Heater: Electric Water Heater
  • Water Supplier: City of Montrose

Schools

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

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Aug 29, 2024
Sold by
Gonzalez Jose L and Church Ashlee D
Bought by
Walter Eric L
Seller's Agent
Terri Fletcher
Norris-Phillips Real Estate, LLC
Buyer's Agent
Jennifer Weber
Norris-Phillips Real Estate, LLC
List Price
$221,500
Sold Price
$212,000
Premium/Discount to List
-$9,500
-4.29%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.00%
Original Mortgage
$212,000
Outstanding Balance
$127,131
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$175,194

Purchase Details

Listed on
Nov 9, 2021
Closed on
Jan 20, 2022
Sold by
Connor Kathleen A
Bought by
Gonzalez Jose L and Church Ashlee D
Seller's Agent
Holly Hensley
CENTURY 21 Elevated Real Estate
Buyer's Agent
Leslie Musselmann
Vision Real Estate Investments
List Price
$155,000
Sold Price
$160,000
Premium/Discount to List
$5,000
3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.38%
Original Mortgage
$155,200
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2021
Sold by
Warren Rebecca Ann
Bought by
Connor Kathleen A and Tolin Lois J

Purchase Details

Closed on
Jan 19, 2021
Sold by
Conner Kathleen A and Tolin Lois J
Bought by
Warren Rebecca Ann

Purchase Details

Closed on
Nov 13, 2002
Sold by
Miller Coy and Miller Neoma Jean
Bought by
Tolin Lois J and Conner Kathleen A

Purchase Details

Closed on
Aug 1, 1961
Bought by
Miller Coy and Miller Neoma Jean
Source: Public Records

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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 Type Sale Price Title Company
Special Warranty Deed $212,000 Land Title Guarantee
Special Warranty Deed $160,000 Land Title
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed -- --
Warranty Deed $4,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,707 New Conventional
Open $212,000 New Conventional
Previous Owner $155,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 For Sale $325,000 +53.3% $467 / Sq Ft
08/29/2024 08/29/24 Sold $212,000 -4.3% $305 / Sq Ft
08/08/2024 08/08/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $221,500 +38.4% $318 / Sq Ft
01/20/2022 01/20/22 Sold $160,000 +3.2% $230 / Sq Ft
12/18/2021 12/18/21 Pending -- -- --
12/17/2021 12/17/21 For Sale $155,000 0.0% $223 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
12/10/2021 12/10/21 Price Changed $155,000 0.0% $223 / Sq Ft
12/10/2021 12/10/21 For Sale $155,000 -6.1% $223 / Sq Ft
11/18/2021 11/18/21 Pending -- -- --
11/09/2021 11/09/21 For Sale $165,000 -- $237 / 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 $528 $7,320 $2,820 $4,500
2023 $528 $11,410 $4,400 $7,010
2022 $534 $7,650 $3,200 $4,450
2021 $550 $7,870 $3,290 $4,580
2020 $420 $6,180 $2,840 $3,340
2019 $423 $6,180 $2,840 $3,340
2018 $345 $4,920 $2,290 $2,630
2017 $343 $4,920 $2,290 $2,630
2016 $334 $4,880 $2,310 $2,570
2015 $328 $4,880 $2,310 $2,570
2014 $298 $4,730 $2,310 $2,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 816906

Colorado Real Estate Network (CREN)

APN: R0003416