$425,000 Price Analysis   ♡   Cortez, CO 81321 2 bed 2 bath 1,320 SqFt ($321/SqFt) 5,227SqFt lot. Built 1938 Listed 2024-06-08, Taxes $685 | ✓ USDA Eligible near Cortez, CO |
Hidden in a tranquil downtown Cortez neighborhood
A unique property with income potential awaits. The 1, 320 sq ft main house, constructed in the 1940s, offers 2 bedrooms and 2 baths brimming with character. Walls crafted f rom recycled railroad ties provide exceptional insulation, creating a cozy retreat from the winter's chill and the summer's heat. Original hardwood floors, a rustic wood beam and purlin ceiling and an abundance of light from new double paned downstairs windows and vintage upstairs panes invite you in. But the jewel of this property is the detached 900 sq ft guest house, complete with 1 bedroom, 1 bath, kitchenette, laundry and mini split heat and air-conditioning. Envision transforming this flexible space into a cozy short-term rental, serene home office, inspiring artist's studio or welcoming escape for visiting friends and family. With its own paid water tap and approved as a legal rental by the City of Cortez, the income possibilities are endless. Step outside into an urban gardener's paradise. Newly constructed raised beds overflow with vibrant medicinal herbs such s lavender, elderberry, hibiscus, primrose and echinacea. You will find a variety of native plants with gorgeous flowers that add pops of color and beauty to the yard. There is also an apricot, plum and cherry trees along with three kinds of grapes and currents adding to your own urban food forest!
A water-conserving drip irrigation system keeps this lush oasis thriving. Retreat to the backyard, where an apricot tree offers dappled shade and a hot tub that's perfect for soaking and enjoying the peaceful surroundings. This exceptional property seamlessly blends vintage charisma with modern amenities and income potential. Don't miss your chance to make this hidden downtown Cortez gem your own and craft a truly unique living experience.
Presented by Allison Klein at
United Country Blue Sky Homes And Land.
Property MLS #814563 from CREN
Full Bathrooms: 2
Flooring: Hardwood
Window Features: Double Pane, Vinyl
Hot Tub
Other Structures: Guest House
Lot Size Square Feet: 5227
Calculated Total Monthly Association Fees: 0
High School: Montezuma-Cortez 9-12
Middle School: Cortez 6-8
Map directions Map directions Map directionsSource Listing Status: Active
County: Montezuma
Current Use: Residential
Directions: On N. Washington between Arbecam and Montezuma
Tax Year: 2024
Source Property Type: RESIDENTIAL
Possible Use: Residential
Area: Cortez
Source Neighborhood: Cortez
Zoning: Residential Single Family
Property Subtype: Stick Built
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $11,080 + $1,300 $12,380 | $685 |
| 2021 | $11,400 + $1,340 $12,740 | $697 |
| 2020 | $10,110 + $1,340 $11,450 | $603 |
| 2019 | $10,110 + $1,340 $11,450 | $605 |
| 2018 | $7,890 + $1,350 $9,240 | $588 |
| 2017 | $7,890 + $1,350 $9,240 | $586 |
| 2016 | $7,470 + $1,490 $8,960 | $514 |
| 2015 | $7,470 + $1,490 $8,960 | $472 |
| 2014 | $7,470 + $1,490 $8,960 | $550 |
| 2013 | $unknown + $unknown $8,960 | $556 |
| 2012 | $unknown + $unknown $10,600 | $618 |
| 2011 | $unknown + $unknown $9,930 | $548 |
| 2010 | $unknown + $unknown $10,030 | $562 |
$425,000
CREN
Sold 2006-08-09
$149,000
Public Record
Year Built: 1938
Construction Materials: Wood Frame
Property Age: 86
Property Attached: No
Levels or Stories: 2
Electric
Natural Gas
Internet
Phone - Cell Reception
Water Source: City Water
Water Well: No
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.