NOT LISTED FOR SALE

S Madison St Unit 320 / 324 East 3rd S Cortez, CO 81321

8 Beds
4 Baths
2,904 Sq Ft
10,454 Sq Ft Lot

Last Sold August 09, 2012

Last sale price $170,000 $59 Per Sq Ft

55 Days on Market

Highlights

  • Corner Lot
  • 1-Story Property
  • Wood Siding
  • Shed
  • Privacy Fence
  • Carpet

About This Home

As of August 2012

This home is located at S Madison St Unit 320 / 324 East 3rd S, Cortez, CO 81321 since 04 May 2012. This property was built in 1958. S Madison St Unit 320 / 324 East 3rd S 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.

Last Agent to Sell the Property

Brenda Bates

RE/MAX Mesa Verde Realty Listed on: 05/04/2012

Last Buyer's Agent

Steve Setka

R1 Colorado

Property Details

Home Type

  • Multi-Family

Year Built

  • 1958

Lot Details

  • 10,454 Sq Ft Lot
  • Privacy Fence
  • Chain Link Fence
  • Corner Lot

Home Design

  • Concrete Foundation
  • Architectural Shingle Roof
  • Rolled or Hot Mop Roof
  • Wood Siding

Interior Spaces

  • 2,904 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Oven or Range

Flooring

  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Gravel Driveway
  • Paved Parking
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Shed

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for building insurance, real estate taxes, ext maintenance (bldg)
  • Assessor Parcel Number 561126414004
  • Special Tax Authority

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $5,410
  • Gross Income $24,000
  • Net Operating Income $1,859

Property Details

Home Type

Multi-Family

Year Built

1958

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Washer, Dryer
  • Estimated Total Acres: 0.24
  • Em Deposit: 5000
  • Em Holder: title company
  • Exterior Inclusions: Shed/Storage, Fence
  • Interior Inclusions: W/D Hookup
  • Legal Lot Block: Block 19; Lots 10-12 FR Coffins Addition
  • List Price per Sq Ft: 74.21
  • Lot Dimension: 10,650 sf
  • Lot Size Acreage: Less than 1/2
  • Parcel Id Number: 561126414004
  • Property Description: Corner
  • Residence Stories: One Story
  • Sale/Rent: For Sale
  • Siding: Wood
  • Sold Price Sq Ft: 58.54
  • Special Assemnt: Yes
  • Street Descriptionaccess: City/Town, Private, Paved, Gravel, Dirt
  • Domestic Water Sewer: City Water
  • Heating Fuelsystem: Natural Gas
  • Landlord Pays: Building Insurance, Real Estate Taxes, Ext Maintenance (Bldg)
  • Metered: Metered for Gas, Metered for Electricity, Metered for Water
  • Property Mngr: Owner
  • Total Number Electric Meters: 4
  • Total Number Gas Meters: 4
  • Total Number Water Meters: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1958

Interior Features

  • Flooring: Carpet, Vinyl
  • Estimated Total Sq Ft: 2904
  • Foundation: Crawl Space, Concrete

Exterior Features

  • Fence: Chain Link, Privacy
  • Roof: Rolled Asphalt, Architectural Shingles

Garage/Parking

  • Parking: Off Street, On Street, Gravel, Paved

Utilities

  • Electric Supplier: Empire Electric Association, Inc
  • Gas Supplier: Atmos Energy
  • Sewer Supplier: Cortez Sanitation District
  • Water Supplier: City of Cortez

Schools

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

Rental Info

  • Tenant Pays: Electric, Gas

Multi Family

  • No. of Units: 4
  • Gross Annual Expenses: 5410
  • Gross Scheduled Income: 24000
  • Net Operating Income: 1859

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2012 08/09/12 Sold $170,000 -21.1% $59 / Sq Ft
06/28/2012 06/28/12 Pending -- -- --
05/04/2012 05/04/12 For Sale $215,500 -- $74 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 667923

Colorado Real Estate Network (CREN)