NOT LISTED FOR SALE

W Mac Arthur Ave Cortez, CO 81321

Estimated Value: $179,000 - $261,000

3 Beds
1 Bath
3,132 Sq Ft
$73/Sq Ft Est. Value

Last Sold September 22, 2017

Last sale price $102,500 $33 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $1,276/month

63 Days on Market

Highlights

  • Living Room with Fireplace
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Ranch Style House
  • Breakfast Bar
  • Combination Kitchen and Dining Room

About This Home

As of September 2017

HUD #052-553089 this home is being sold "As-Is" without any guarantee or warranty from Seller. No repairs will be allowed by Seller. Initial bid period for Owner-Occupants, Nonprofits and Government Agencies only. Eligible Bidders then will include all bidders and investors. This property is categorized as IE which could qualify for 203k rehabilitatiion FHA loan financing with $4200 for repairs. Note: No one may alter or occupy the property until after closing and funding.

Last Agent to Sell the Property

Barbara Smith

Southwest Realty Listed on: 06/08/2017

Last Buyer's Agent

Robin Rice

eXp Realty, LLC

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $314

Year Built

  • 1958

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Linoleum Flooring
  • Walk-Out Basement

Kitchen

  • Breakfast Bar
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 561126204008

Home Details

Home Type

Single Family

Est. Annual Taxes

$314

Year Built

1958

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven
  • Estimated Total Acres: 0.16
  • Class: RESIDENTIAL
  • Em Deposit: 1000
  • Em Holder: CTCS
  • Fronts: Mac Arthur
  • Legal Lot Block: Lot 9, Block 3
  • List Price per Sq Ft: 34.48
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 561126204008
  • Real Estate Included: Yes
  • Realist Id: 5611-262-04-008
  • Reo Lender Owned: Yes
  • Residence Stories: One Story
  • Residence Style: Ranch
  • Sale/Rent: For Sale
  • Siding: Wood
  • Sold Price Sq Ft: 32.73
  • Street Descriptionaccess: City/Town, Paved
  • Tax Account Id: R009191
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1958

Interior Features

  • Dining Room: Kitchen Bar, Kitchen/Dining
  • Bedrooms: 3
  • Flooring: Linoleum
  • Estimated Total Sq Ft: 3132
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Basement Finished Sq Ft: 1400
  • Fireplace Location Type: Living Room
  • Foundation: Basement-walk out
  • Lower Level Sq Ft: 308
  • Main Level Sq Ft: 1424
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Construction Type: Wood
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Electric, Natural Gas
  • Electric Supplier: Empire Electric Association, Inc
  • Gas Supplier: Atmos Energy
  • Heating System: Forced Air
  • Sewer Supplier: Cortez Sanitation District
  • Water Heater: Gas Water Heater
  • Water Supplier: City of Cortez

Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2017
Closed on
Sep 22, 2017
Sold by
Secretary Of H U D
Bought by
Bird Myrl N and Bird Aimee R
Seller's Agent
Barbara Smith
Southwest Realty
Buyer's Agent
Robin Rice
eXp Realty, LLC
List Price
$135,000
Sold Price
$102,500
Premium/Discount to List
-$32,500
-24.07%
Current Estimated Value
$229,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,036
Avg. Annual Appreciation
10.31%
Original Mortgage
$84,016
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 10, 2017
Closed on
Apr 25, 2017
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development
Seller's Agent
Nicole Traweek
RE/MAX Mesa Verde Realty
Buyer's Agent
Marti Spitzer
RE/MAX Mesa Verde Realty
List Price
$117,500
Sold Price
$110,000
Premium/Discount to List
-$7,500
-6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-19.26%

Purchase Details

Listed on
Jan 10, 2017
Closed on
Apr 6, 2017
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Wells Fargo Bank Na
Seller's Agent
Nicole Traweek
RE/MAX Mesa Verde Realty
Buyer's Agent
Marti Spitzer
RE/MAX Mesa Verde Realty
List Price
$117,500
Sold Price
$110,000
Premium/Discount to List
-$7,500
-6.38%

Purchase Details

Closed on
Sep 7, 2016
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Aug 30, 2016
Sold by
Kinney Richard Alan
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Nov 12, 2014
Sold by
Barr Eppinger Trust
Bought by
Kinney Richard

Purchase Details

Closed on
Oct 10, 2008
Sold by
Sextro Russell R
Bought by
Kinney Richard Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
6.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 6, 2007
Sold by
Sectro Cheryl L
Bought by
Sextro Russell R
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
Bird Myrl N $102,500 Old Republic Title
Secretary Of Housing & Urban Development -- None Available
Wells Fargo Bank Na -- Meridian Title Corp
Secretary Of Housing & Urban Development -- None Available
Wells Fargo Bank Na -- None Available
Kinney Richard -- None Available
Kinney Richard Alan $169,900 None Available
Sextro Russell R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bird Myrl $55,000
Closed Bird Myrl N $84,016
Previous Owner Kinney Richard Alan $177,431
Previous Owner Kinney Richard Alan $177,045
Previous Owner Kinney Richard Alan $163,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2017 09/22/17 Sold $102,500 -5.1% $33 / Sq Ft
08/10/2017 08/10/17 Pending -- -- --
07/30/2017 07/30/17 Price Changed $108,000 -20.0% $34 / Sq Ft
06/08/2017 06/08/17 For Sale $135,000 +22.7% $43 / Sq Ft
05/26/2017 05/26/17 Sold $110,000 -6.4% $95 / Sq Ft
05/03/2017 05/03/17 Pending -- -- --
01/10/2017 01/10/17 For Sale $117,500 -- $102 / 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 $314 $6,113 $1,442 $4,671
2023 $314 $10,491 $2,475 $8,016
2022 $619 $12,805 $1,130 $11,675
2021 $630 $12,805 $1,130 $11,675
2020 $538 $11,359 $1,243 $10,116
2019 $540 $11,359 $1,243 $10,116
2018 $741 $11,630 $1,120 $10,510
2017 $738 $11,630 $1,120 $10,510
2016 $630 $10,970 $1,240 $9,730
2015 $1,117 $159,740 $0 $0
2014 $1,156 $10,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 733586

Colorado Real Estate Network (CREN)

APN: R009191