NOT LISTED FOR SALE

909 & 909 1/2 N 7th St Montrose, CO 81401

Estimated Value: $355,000 - $403,000

-- Bed
3 Baths
1,612 Sq Ft
$231/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $335,000 $208 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,085/month

237 Days on Market

Highlights

  • Den with Fireplace
  • 1-Story Property
  • Carpet

About This Home

As of July 2023

This home is located at 909 & 909 1/2 N 7th St, Montrose, CO 81401 since 06 November 2022 and is currently estimated at $373,080, approximately $231 per square foot. This property was built in 1977. 909 & 909 1/2 N 7th St is a home located in Montrose County with nearby schools including Northside Elementary School, Centennial Middle School, and Montrose High School.

Last Agent to Sell the Property

Christine Kersen

NextHome Virtual Listed on: 11/06/2022

NextHome Virtual

Last Buyer's Agent

Kendra Barten

Remax Rise Up

Remax Rise Up

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,222

Year Built

  • Built in 1977

Lot Details

  • 7,841 Sq Ft Lot
  • Chain Link Fence

Parking

  • Off-Street Parking

Home Design

  • Duplex

Interior Spaces

  • 3 Full Bathrooms
  • 1,612 Sq Ft Home
  • 1-Story Property
  • Den with Fireplace
  • Oven or Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 376721401004

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,222

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Washer, Dryer
  • Estimated Total Acres: 0.18
  • Class: Multifamily
  • Em Deposit: 5000
  • Em Holder: Land Title
  • Legal Lot Block: SUBD: MARCHANT PEABODYS SUBD BLOCK: 3 LOT: 1 THRU:- LOT: 7 TRCT OF LAND DESC BY M/B RECEPT #907901 ('19) & DEED BK985 PG20
  • Lot Size Acreage: Less than 1/2
  • Parcel Id Number: 376721401004
  • Price Per Sq Ft: 207.82
  • Residence Stories: One Story
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 207.82
  • Street Descriptionaccess: City/Town
  • Street Designation: Street
  • Tax Account Id: R0006549
  • Zoning: Residential Multi Family
  • Domestic Water Sewer: City Water, City Sewer
  • Fireplace Type Location: Den/Family Room
  • Heating Fuelsystem: Electric Baseboard, Fireplace/Stove
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 1
  • Total Number Water Meters: 1
  • Type: Duplex
  • Total Taxes Dollar: 1222.25
  • Year Built: 1977
  • Prop Description Remarks: Great multi-unit property. This property features a 3 bedroom 2 bath unit off the front of the duplex and a 1 bedroom 1 bath off the back. The 3bedroom unit has a nice open floorplan with a spacious kitchen, dining room and living room. The living room has a gas fireplace that also heats the home along with the baseboards heat in the winter months. The primary bedroom is nicely sized with an attached full bathroom. This unit also has a laundry room off the hallway. The front of the property is fully fenced with another fenced area on the east side of the home. The one bedroom unit has a charming kitchen open to the living room. The bedroom is also nicely sized with a full bath. This property has so many options. You could live in one unit and rent out the other, it would be a great mother-in law suite, short term rental or just buy as investment and keep tenants in place. This property has a great rental history. Located close to the event center, many parks and within walking distance to downtown. So much potential you need to take a look!!
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1072

Interior Features

  • Flooring: Carpet, Vinyl, Laminate
  • Estimated Total Sq Ft: 1612
  • Full Bathrooms: 3
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 3
  • Total Office Den: 0

Exterior Features

  • Fence: Chain Link

Garage/Parking

  • Parking: Off Street

Utilities

  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Sewer Supplier: City of Montrose
  • Water Supplier: City of Montrose

Schools

  • Elementary School: Northside 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

Multi Family

  • No. of Units: 2

Tax Info

  • Tax Year: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2022
Closed on
Jul 28, 2023
Sold by
Williamson Rueben S
Bought by
Pierce Arthur B and Pierce Jennifer M
Seller's Agent
Christine Kersen
NextHome Virtual
Buyer's Agent
Kendra Barten
Remax Rise Up
List Price
$390,000
Sold Price
$335,000
Premium/Discount to List
-$55,000
-14.1%
Views
299
Current Estimated Value
$373,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,080
Avg. Annual Appreciation
4.99%
Original Mortgage
$318,250
Outstanding Balance
$310,835
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$62,245

Purchase Details

Closed on
Apr 9, 2019
Sold by
White Lynn A
Bought by
Williamson Rueben S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 1998
Sold by
Jubb George F
Bought by
White Lynn

Purchase Details

Closed on
Jan 25, 1980
Bought by
Jubb George F
Source: Public Records

Range of Values:

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Average Value
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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
Pierce Arthur B $335,000 Land Title
Williamson Rueben S $150,000 Land Title Guarantee Co
White Lynn $92,500 --
Jubb George F $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierce Arthur B $318,250
Previous Owner Williamson Rueben S $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2023 07/28/23 Sold $335,000 0.0% $208 / Sq Ft
07/01/2023 07/01/23 Pending -- -- --
07/01/2023 07/01/23 Off Market $335,000 -- --
06/07/2023 06/07/23 Price Changed $329,900 -2.9% $205 / Sq Ft
05/31/2023 05/31/23 Price Changed $339,900 -2.9% $211 / Sq Ft
05/09/2023 05/09/23 Price Changed $349,900 -2.8% $217 / Sq Ft
04/18/2023 04/18/23 Price Changed $359,900 -2.5% $223 / Sq Ft
02/09/2023 02/09/23 Price Changed $369,000 -2.6% $229 / Sq Ft
01/17/2023 01/17/23 Price Changed $379,000 -2.8% $235 / Sq Ft
11/06/2022 11/06/22 For Sale $390,000 -- $242 / 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 $1,279 $17,960 $3,060 $14,900
2023 $1,279 $24,590 $3,820 $20,770
2022 $1,220 $17,730 $2,780 $14,950
2021 $1,257 $18,240 $2,860 $15,380
2020 $1,052 $15,680 $2,470 $13,210
2019 $1,059 $15,680 $2,470 $13,210
2018 $817 $11,800 $1,990 $9,810
2017 $810 $11,800 $1,990 $9,810
2016 $747 $11,060 $2,010 $9,050
2015 $734 $11,060 $2,010 $9,050
2014 $586 $9,450 $2,010 $7,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 799437

Colorado Real Estate Network (CREN)

APN: R0006549