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    • Price cut: $14.5K (6/9)
    $275,000

    1011 S 5th Street, Montrose, CO 81401

    1beds
    810sqft
    : 
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    Stick Built
    Built in 1955
    6,229 Square Feet Lot
    $266,200 Zestimate®
    $340/sqft
    $-- HOA

    What's special

    Seize this investment opportunity. Discover the potential in this classic 1955 single-family home, perfectly positioned on a generous 6,250-square-foot lot within the City of Montrose’s Redevelopment Overlay (REDO) District. Featuring 1 bedroom and 1 bathroom, this 810 sq. ft. wood-frame residence is an ideal fit for those seeking a cozy lifestyle, a strategic starter home, or a high-potential investment property in the heart of Montrose.
    67 days
    |
    333
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Janece Culver 970-275-1373,

    NextHome Virtual

    Source: CREN,MLS#: 834729MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bedroom
      • Level: Main
      Dining room
      • Features: Eat-in Kitchen
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Range, Refrigerator
      Features
      • Flooring: Carpet-Partial, Linoleum
      Interior area
      • Total structure area: 810
      • Total interior livable area: 810 sqft
      • Finished area above ground: 810

      Property

      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 6,229 Square Feet
      Details
      • Additional structures: Shed(s), Shed/Storage
      • Parcel number: 376727405006
      • Zoning description: Residential Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Stick Built
      Materials
      • Wood Frame, Vinyl Siding
      • Foundation: Slab
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1955

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: Loutsenhizer Addn
      HOA
      • Has HOA: No
      Location
      • Region: Montrose

      Financial & listing details

      • Price per square foot: $340/sqft
      • Tax assessed value: $195,280
      • Annual tax amount: $1,049
      • Date on market: 5/15/2026
      • Electric utility on property: Yes

        Estimated market value

        $266,200

        $253,000 - $280,000

        $1,293/mo

        Price history

        DateEventPrice
        6/9/2026Price change$275,000-5%$340/sqft
        Source: CREN #834729 Report a problem
        5/15/2026Listed for sale$289,500$357/sqft
        Source: CREN #834729 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$669 -28.3%$13,090 -3.5%
        2023$934 +46.6%$13,570 +51.1%
        2022$637 +20.5%$8,980 -2.8%
        2021$529 +98.7%$9,240 +17.3%
        2020$266 $7,880
        2019$266 +16.1%$7,880 +19%
        2018$229 +0.8%$6,620
        2017$227 $6,620 -1.9%
        2016$227 -49.2%$6,750
        2015$448 +17.6%$6,750 +9.9%
        2014$381 +0.8%$6,140
        2013$378 -18.7%$6,140 -23.2%
        2012$465 $7,990
        2011-- $7,990
        2010-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 81401

        Getting around

        71 / 100
        Very Walkable
        54 / 100
        Bikeable

        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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