945 N Selig Ave Montrose, CO 81401
Estimated payment $1,210/month
Highlights
- Wood Flooring
- Bungalow
- 1-Story Property
- Covered Patio or Porch
- Shed
- Space Heater
About This Home
NO HOA or Covenants! Prime Development Opportunity Situated on a large .37-acre lot, this 3 bedroom, 1 full bath property offers exceptional redevelopment potential. Convenient in-town location close to shopping, schools, and amenities adds to its long-term value. Located within the City’s REDO (Redevelopment Overlay) District, this property presents multiple value-add possibilities. Investors may explore adding an ADU (Accessory Dwelling Unit) to increase rental income or consider higher-density redevelopment options such as a duplex or triplex (buyer to verify all intended uses with the City). The existing home has been utilized as a rental property and provides the option to renovate, hold as income-producing property, or redevelop the site. A 6’ x 20’ shed offers additional storage. . Seller has not occupied the property; no Seller’s Property Disclosure will be provided. Property is being sold in its current condition. Strong opportunity for investors seeking land use flexibility and future upside.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $930
Year Built
- Built in 1940
Lot Details
- 0.37 Acre Lot
- Partially Fenced Property
Home Design
- Bungalow
- Composition Roof
- Wood Siding
- Stick Built Home
Interior Spaces
- 1,076 Sq Ft Home
- 1-Story Property
Kitchen
- Oven or Range
- Range
- Dishwasher
Flooring
- Wood
- Carpet
- Linoleum
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Covered Patio or Porch
- Shed
Schools
- Northside K-5 Elementary School
- Centennial 6-8 Middle School
- Montrose 9-12 High School
Utilities
- Space Heater
- Water Heater
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 376728232002
Map
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 | $909 | $7,610 | $2,820 | $4,790 |
| 2023 | $549 | $11,720 | $4,340 | $7,380 |
| 2022 | $653 | $9,360 | $3,040 | $6,320 |
| 2021 | $673 | $9,630 | $3,130 | $6,500 |
| 2020 | $524 | $7,710 | $2,590 | $5,120 |
| 2019 | $528 | $7,710 | $2,590 | $5,120 |
| 2018 | $421 | $5,990 | $2,090 | $3,900 |
| 2017 | $417 | $5,990 | $2,090 | $3,900 |
| 2016 | $386 | $5,630 | $2,010 | $3,620 |
| 2015 | $379 | $5,630 | $2,010 | $3,620 |
| 2014 | -- | $5,420 | $2,010 | $3,410 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/29/2025 09/29/25 | For Sale | $220,000 | -- | $204 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $65,000 | None Available |
Source: Colorado Real Estate Network (CREN)
MLS Number: 828839
APN: R0003730
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Ask me questions while you tour the home.