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$265,000   Price Analysis
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500 S Market St
Cortez, CO 81321
Unknown bed None bath 9,516 SqFt ($27/SqFt)
0.45 acre lot. Built 1958
Listed 2024-03-01, Taxes $459
USDA Eligible
near Cortez, CO
 Restrictions may apply
due to home size

CITY APPROVED FOR MULTIFAMILY.

UNIQUE HUGE 9, 516 sf. Multiple Use on .45 acres corner lot and alley access. LOTS OF POSSIBILITIES!!! Zoning is Manufactured can be used for single family dwelling, could use the vacant lot for a manufactured home without removing building. Zoning to be approved through City for future use, Conditional Use Permit could possibly be used for Education, Church or Storage, Manufactured homes Utilities include 2 water line, gas lines, 2 electric phase (120, 240).

Structure is cinder blocks, open ceiling, five garage doors, separate office and large entrance area into building. The building was used years ago as a Laundry Mat/Dry Cleaning faci lity and has an EPA Report showing clean hazardous report. Again, LOTS OF POSSIBILITES!!!!


Presented by Jo Ann Cauley at
CENTURY 21 West Slope Realty.
Listing Agent Photo

Property MLS #811219 from CREN

Furnished Description: Unfurnished

Heating Fuel: Natural Gas, Electric

Lot Description: Corner
Lot Size Acres: 0.45
Lot Size Dimensions: 137.5' x142'
Lot Size Square Feet: 19602

Garage Spaces: 1

Roads: City/Town, Paved, 100'-150' Frontage

Association: No
Calculated Total Monthly Association Fees: 0

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

Montezuma-Cortez High School is a public high school located approximately 0.2 miles away.
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Manaugh Elementary School is a public elementary school located approximately 0.2 miles away.
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Cortez Middle School is a public middle school located approximately 0.5 miles away.
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Cortez Adventist Christian School is a private elementary and middle school located approximately 0.5 miles away.
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Number of Units: 1

Horse Amenities: No

Annual Tax Amount: 971.88
Source Listing Status: Active
County: Montezuma
Directions: South of Main Street on Market Street - approximately 5 Blocks. Property on East Side of the Street
Tax Year: 2024
Source Property Type: MULTIFAMILY
Area: Cortez
Source Neighborhood: Chamberlins Addition
Subdivision: Chamberlins Addition
Zoning: Residential Multi Family,
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $8,300
$8,300
$459
2021$unknown + $8,300
$8,300
$454
2020$unknown + $9,130
$9,130
$481
2019$unknown + $9,130
$9,130
$482
2018$unknown + $9,130
$9,130
$581
2017$unknown + $9,130
$9,130
$579
2016$unknown + $9,130
$9,130
$524
2015$unknown + $9,130
$9,130
$481
2014$unknown + $9,130
$9,130
$560
2013$unknown + $unknown
$9,130
$567
2012$unknown + $unknown
$11,040
$643
2011$unknown + $unknown
$11,040
$609
2010$unknown + $unknown
$8,620
$483

Price Changed 2024-04-18
$265,000
CREN
Listed 2024-03-01
$260,000
CREN
Sold 2015-07-23
$47,600
Public Record
Listing removed 2015-07-09
$47,500
CREN
Price Changed 2015-05-13
$47,500
CREN
Price Changed 2015-03-11
$55,900
CREN
Price Changed 2014-08-05
$59,900
CREN
Listed 2013-10-08
$79,900
CREN
Listing removed 2013-01-25
$45,000
CREN
Price Changed 2011-10-06
$45,000
CREN
Relisted 2011-09-08
$50,000
CREN
Listing removed 2011-06-08
$50,000
CREN
Price Changed 2011-01-25
$50,000
CREN
Listed 2010-11-15
$100,000
CREN
Listing removed 2009-11-05
$200,000
CREN
Listed 2009-05-04
$200,000
CREN

Total Square Feet Living: 9516
Year Built: 1958
Foundation Details: Slab, Concrete
Property Age: 66

Sewer: City Water, City Sewer
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.