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  • $350,000

    1001 S 5th Street, Montrose, CO 81401

    2beds
    1,402sqft
    Stick Built
    Built in 1903
    9,147 Square Feet Lot
    $401,600 Zestimate®
    $250/sqft
    $1,889 Estimated rent

    Home value

    $401,600

    $382,000 - $426,000

    $1,889/mo

    Zestimate® history
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    What's special

    Fully fenced yardLarge shedNewer forced air heatingLarge corner lotReal wood trimCovered front porchWalking paths
    Picture Perfect, Downtown Dream Home With Character, Walkability, and Function Throughout! Sitting on a large corner lot with off-street parking, additional access off the alley, and only minutes away from downtown Montrose, this property provides value everywhere you look. Quality curb appeal is complemented by a covered front porch, a fully fenced yard, and plenty of room for additional outbuildings or a shop. Bring your RV, toys, and imagination to this large and functional property, which also features a large shed and raised garden beds. Stepping into the home, a warm character is tangible from beautiful hardwood floors to ornate, real wood trim and accents. Natural light floods through each room in this elegant and character-filled layout, creating an uplifting atmosphere throughout the whole home. A formal dining room could easily function as an office or workout space. Enjoy an exceptionally laid-out kitchen, with solid granite countertops, vaulted ceilings, and a massive walk-in pantry. The en-suite bedroom features an updated walk-in shower and plenty of closet space. All bases are covered with all appliances including a washer and dryer, a newer forced air heating and cooling system, as well as high-speed fiber internet. Future potential abounds in a large and open 2nd floor, which would be perfect for more bedrooms, living space, or extra storage. In addition to this wonderful home itself, you have the added enjoyment of being blocks away from superb health care, breweries and restaurants, parks and walking paths, as well as shopping and recreation. All of this translates into what would also be an excellent income-producing property. Solidify Your Assets with a Quality Short or Long Term Rental Property, or Make the Dream a Reality for Yourself with this Downtown Exclusive; Take a Tour Today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Diana Atha Team 970-417-9375,

    Keller Williams Colorado West Realty

    Bought with:

    Andrew Reed

    Keller Williams Colorado West Realty

    Source: CREN,MLS#: 806616MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: Main
    Dining room
    • Features: Separate Dining
    Cooling
    • Forced Air, Ceiling Fan(s)
    Appliances
    • Included: Range, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave
    Features
    • Ceiling Fan(s), Vaulted Ceiling(s), Granite Counters, Pantry
    • Flooring: Hardwood, Tile
    Interior area
    • Total structure area: 1,402
    • Total interior livable area: 1,402 sqft
    • Finished area above ground: 1,402

    Property

    Features
    • Levels: One,Other
    • Stories: 1
    • Patio & porch: Patio, Covered Porch
    • Exterior features: Lawn Sprinklers
    Lot
    • Size: 9,147 Square Feet
    • Features: Corner Lot
    Details
    • Additional structures: Shed(s), Shed/Storage
    • Parcel number: 376727405005

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Stick Built
    Materials
    • Wood Frame
    • Foundation: Block
    • Roof: Architectural Shingles
    Condition
    • New construction: No
    • Year built: 1903

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water
    • Utilities for property: Electricity Connected, Natural Gas Connected

    Community & HOA

    Community
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Montrose

    Financial & listing details

    • Price per square foot: $250/sqft
    • Tax assessed value: $335,550
    • Annual tax amount: $1,048
    • Date on market: 9/6/2024
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    10/2/2023Sold$350,000-6.7%$250/sqft
    Source: CREN #806616 Report a problem
    9/7/2023Contingent$375,000$267/sqft
    Source: CREN #806616 Report a problem
    8/3/2023Listed for sale$375,000+25%$267/sqft
    Source: CREN #806616 Report a problem
    5/9/2022Sold$300,000+566.7%$214/sqft
    Source: Public Record Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    1/29/2019Listing removed$1,100$1/sqft
    Source: Owner Report a problem
    1/26/2019Listed for rent$1,100$1/sqft
    Source: Owner Report a problem
    2/2/2012Sold$45,000+12.8%$32/sqft
    Source: Public Record Report a problem
    1/15/2012Price change$39,900-11.1%$28/sqft
    Source: Coldwell Banker Bailey & Co. #664101 Report a problem
    12/10/2011Listed for sale$44,900$32/sqft
    Source: foreclosure.com Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,338 -16.6%$22,480 -3.6%
    2023$1,605 +48.5%$23,320 +53%
    2022$1,081 +21.9%$15,240 -2.8%
    2021$887 -0.6%$15,680 +18.6%
    2020$893 $13,220
    2019$893 +16.5%$13,220 +16%
    2016$766 +16.1%$11,400 +14.6%
    2015$660 +13.9%$9,950 +6.4%
    2014$580 +0.8%$9,350
    2013$575 -16.6%$9,350 -21.2%
    2012$690 $11,860
    2011-- $11,860
    2010-- --
    Find assessor info on the county website

    Neighborhood: 81401

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Johnson K-5
    • Middle: Centennial 6-8
    • High: Montrose 9-12

    Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $409,632