NOT LISTED FOR SALE

E Main Lot Unit 8 Cortez, CO 81321

Estimated Value: $194,320 - $290,000

0.07 Acre
$3,459,429 Price per Acre
3,049 Sq Ft Lot

Last Sold April 01, 2016

Last sale price $55,000

Est. 340% increase in value since last sale

Current estimated payment $1,465/month

26 Days on Market

About This Lot

As of April 2016

Commercial Lot 25' x 134' has septic and sewer tap. Location is center of town, North side of street, high traffic area. 3/4 " water tap shared between Lot #7 & #8

Last Agent to Sell the Property

Jo Ann Cauley

Century 21 West Slope Realty Listed on: 11/12/2015

Century 21 West Slope Realty

Last Buyer's Agent

Jo Ann Cauley

Century 21 West Slope Realty Listed on: 11/12/2015

Century 21 West Slope Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $339

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25' x 134'
  • Level Lot
  • Cleared Lot
  • Property is zoned Commercial

Schools

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

Utilities

  • Septic System
  • Sewer Tap Fee

Listing and Financial Details

  • Security Deposit $1,000
  • Assessor Parcel Number 561126246010

Property Details

Property Type

Land

Est. Annual Taxes

$339

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Century 21 WSR, Trust
  • Fronts: Main Street
  • Legal Lot Block: SUBDIVISION: CORTEZ ORIGINAL Lot: 8 Block: 30
  • Lot Dimension: 25' x 134'
  • Lot Size Acreage: 0-.25 Acres
  • Parcel Id Number: 561126246010
  • Property Description: Cleared
  • Street Descriptionaccess: State Highway, City/Town, Paved
  • Tax Account Id: R009535
  • Zoning: Commercial
  • Domestic Sewer: Sewer Tap Paid, Sewer Tap Installed
  • Type: Commercial
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 0.07
  • Current Property Use: Commercial
  • Em Deposit: 1000
  • Mineral Rights: Unknown
  • Price Acre: 1071428.57
  • Topography: Level
  • Price per Sq Ft: 24.6
  • Sewer Paid: Yes
  • Sewerseptic In: Yes
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 785714.29
  • Water Tap Available: Yes
  • Water Tap Installed: Yes
  • Total Taxes Dollar: 339.36
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Utilities

  • Utilities: Electricity Near, Natural Gas Near
  • Water Tap Paid: Yes
  • Electric Supplier: Empire Electric Association, Inc
  • Gas Supplier: Atmos Energy
  • Water Supplier: City Of Cortez

Schools

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

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2016

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2015
Closed on
Apr 1, 2016
Sold by
Armstrong William Russell
Bought by
Montezuma Partners Llc
Seller's Agent
Jo Ann Cauley
Century 21 West Slope Realty
Buyer's Agent
Jo Ann Cauley
Century 21 West Slope Realty
List Price
$75,000
Sold Price
$55,000
Premium/Discount to List
-$20,000
-26.67%
Current Estimated Value
$242,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,160
Avg. Annual Appreciation
22.30%
Original Mortgage
$110,000
Outstanding Balance
$88,396
Interest Rate
3.62%
Mortgage Type
Unknown
Estimated Equity
$263,460

Purchase Details

Closed on
Dec 18, 2012
Sold by
Armstrong Connie
Bought by
Armstrong William Russell

Purchase Details

Closed on
Nov 9, 2009
Sold by
Armstrong William Russell and Armstrong Phyllis
Bought by
Armstrong George R
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
Montezuma Partners Llc $110,000 None Available
Armstrong William Russell -- None Available
Armstrong George R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montezuma Partners Llc $110,000
Previous Owner Armstrong George R $28,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2016 04/01/16 Sold $55,000 -26.7% --
12/08/2015 12/08/15 Pending -- -- --
11/12/2015 11/12/15 For Sale $75,000 -- --
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 $1,392 $23,686 $23,686 $0
2023 $1,266 $23,686 $23,686 $0
2022 $734 $13,264 $13,264 $0
2021 $726 $13,264 $13,264 $0
2020 $685 $12,999 $12,999 $0
2019 $687 $12,999 $12,999 $0
2018 $829 $13,000 $13,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Jo Ann Cauley

    Seller's Agent in 2016

    Jo Ann Cauley

    Century 21 West Slope Realty

    (970) 749-0793

    225 Total Sales

    Jo Ann Cauley
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 713037

Colorado Real Estate Network (CREN)

APN: R009535

Colorado Montezuma County Cortez 81321

E Main Lot Unit 8, Cortez, CO

This home is located at E Main Lot Unit 8, Cortez, CO 81321 since 12 November 2015 and is currently estimated at $242,160. E Main Lot Unit 8 is a home located in Montezuma County with nearby schools including Montezuma-Cortez High School, Children's Kiva Montessori School, and Children's Kiva Montessori Preschool & Kindergarten.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Colorado Real Estate Network (CREN) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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