Sold inner office

$485,000

1406 Sherwood Drive, Montrose, CO 81401

5beds

2,658sqft

Stick Built

Built in 1983

8,494 Square Feet Lot

$486,700 Zestimate^®

$182/sqft

$2,856 Estimated rent

Home value

$486,700

Estimated sales range

Not available

$2,856/mo

Zestimate^® history

Owner options

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$2,856/mo

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$2,856/mo

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$2,777/mo

Est. payment

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$2,777/mo

Est. payment

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What's special

Expansive basementHot tubAutomated sprinklersSingle-story livingFully finished basementWood-burning insert

This centrally located Montrose home delivers exceptional space, updates, and versatility with 5 bedrooms, 3 remodeled bathrooms, and a fully finished basement. The main level offers single-story living with central A/C, real hardwood floors in the dining room, a wood-burning insert added last year, and a kitchen equipped with newer appliances. The expansive basement is a standout feature—complete with a fireplace, kitchenette, wet bar, and optional 6th bedroom, making it ideal for entertaining, extended stays, or multi-use living. Outside, enjoy a hot tub, raised garden bed with drip system, automated sprinklers, and a fully insulated shed featuring electricity, heat, a window A/C unit, and loft storage. RV parking with an outlet, a carport, and an insulated 2-car garage add valuable functionality. Ring cameras are included. With its prime location near schools, shopping, and recreation, this property offers both convenience and impressive amenities.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 1
3/4 bathrooms: 2

Primary bedroom

Level: Main

Dining room

Features: Kitchen Bar, Separate Dining

Heating

Fireplace(s), Forced Air, Wood Stove

Cooling

Central Air, Forced Air, Ceiling Fan(s)

Appliances

Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
Laundry: W/D Hookup

Features

Ceiling Fan(s)
Flooring: Carpet-Partial, Hardwood, Tile
Windows: Window Coverings, Vinyl
Basement: Finished
Has fireplace: Yes
Fireplace features: Basement, Living Room, Wood Stove

Interior area

Total structure area: 2,658
Total interior livable area: 2,658 sqft

Property

Parking

Total spaces: 3
Parking features: Attached Garage, Garage Door Opener
Attached garage spaces: 2
Carport spaces: 1
Covered spaces: 3

Features

Levels: One
Stories: 1
Patio & porch: Covered Porch, Deck, Patio
Exterior features: Landscaping, Lawn Sprinklers, Storm Windows/Doors, Garden
Has spa: Yes
Spa features: Hot Tub

Lot

Size: 8,494 Square Feet

Details

Additional structures: Shed(s), Shed/Storage
Parcel number: 376735214026
Zoning description: Residential Single Family

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch Basement
Property subtype: Stick Built

Materials

Brick
Roof: Architectural Shingles

Condition

New construction: No
Year built: 1983

Utilities & green energy

Sewer: Public Sewer
Water: City Water
Utilities for property: Cable Connected, Electricity Connected, Internet, Natural Gas Connected, Phone - Cell Reception

Community & HOA

Community

Security: Security System
Subdivision: Heatherwood

HOA

Has HOA: No

Location

Region: Montrose

Financial & listing details

Price per square foot: $182/sqft
Tax assessed value: $456,540
Annual tax amount: $2,165
Date on market: 7/14/2026
Electric utility on property: Yes

Price history

Date	Event	Price
7/14/2026	Sold	$485,000+2.1%$182/sqft
Source: CREN #834636 Report a problem
5/28/2026	Listed for sale	$475,000$179/sqft
Source: CREN #834636 Report a problem
5/14/2026	Pending sale	$475,000$179/sqft
Source: NextHome #834636 Report a problem
5/13/2026	Listed for sale	$475,000-77.2%$179/sqft
Source: CREN #834636 Report a problem
3/2/2015	Sold	$2,080,000+849.8%$783/sqft
Source: Public Record Report a problem
1/13/2015	Price change	$219,000-0.5%$82/sqft
Source: Keller Williams Colorado West Realty LLC #700996 Report a problem
12/21/2014	Listed for sale	$220,000+3.8%$83/sqft
Source: Keller Williams Colorado West Realty LLC #700996 Report a problem
6/20/2008	Sold	$212,000$80/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,939 -12.5%	$30,590 -3.6%
2023	$2,215 +45.7%	$31,730 +50%
2022	$1,520 +14.7%	$21,150 -2.8%
2021	$1,326 -0.6%	$21,760 +11.6%
2020	$1,334	$19,500
2019	$1,334 +19.9%	$19,500 +23%
2018	$1,113 +0.8%	$15,850
2017	$1,104	$15,850 +12.2%
2016	$1,104 +16.1%	$14,130
2015	$951 +6.7%	$14,130 -0.2%
2014	$892 +0.8%	$14,160
2013	$885 -9.2%	$14,160 -14%
2012	$974	$16,470
2011	--	$16,470
2010	--	--