Sold for $288,750

$288,750

1885 Nichols Way, Montrose, CO 81401

3beds

1,064sqft

Single Family Residence

Built in 1965

1.04 Acres Lot

$350,800 Zestimate^®

$271/sqft

$1,720 Estimated rent

Home value

$350,800

$312,000 - $389,000

$1,720/mo

Zestimate^® history

Owner options

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$1,720/mo

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$1,720/mo

Rent Zestimate^®

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$1,630/mo

Est. payment

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$1,630/mo

Est. payment

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What's special

Peaceful Living with incredible mountain views, fruit trees & a pond--right in town! Tucked away in a quiet setting that feels like country living, this well-maintained home on 1+ acre offers the best of both worlds--peace and privacy, with the convenience of all the south Montrose amenities including restaurants, shopping and more. Enjoy stunning mountain views, your very own pond, and an abundance of mature fruit trees, including apple, cherry, and mulberry. You'll love the ease of irrigation water for your yard, and the warmth of both a pellet stove and forced air heat. Stay cool in these hot summer months with a swamp cooler. This home is as comfortable as it is charming. Whether you're into outdoor recreation or just love a scenic drive, you're only about 1 to 1.5 hours from skiing!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Heating

Forced Air, Natural Gas, Wood Stove

Appliances

Included: Dishwasher, Dryer, Elec Oven/Range, Refrigerator, Washer

Features

Lofts: None
Number of fireplaces: 1
Fireplace features: 1, Wood Burning Stove

Interior area

Total structure area: 1,064
Total interior livable area: 1,064 sqft

Property

Parking

Total spaces: 5
Parking features: 2 Car Garage
Garage spaces: 2
Has uncovered spaces: Yes
Details: Covered Parking: 2 Car

Features

Has view: Yes
View description: Mountains, Pond

Lot

Size: 1.04 Acres

Details

Additional structures: Storage Shed
Parcel number: 376735402007
Zoning description: Residential
Other equipment: Irrigation Equipment

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Frame

Condition

40+ Years
New construction: No
Year built: 1965

Utilities & green energy

Electric: Power Company
Gas: Propane Services, Propane Tanks
Sewer: Septic Tank
Water: Public

Community & HOA

Community

Subdivision: None

HOA

Services included: Other

Location

Region: Montrose

Financial & listing details

Price per square foot: $271/sqft
Tax assessed value: $257,020
Annual tax amount: $975
Date on market: 8/20/2025
Road surface type: Paved

Price history

Date	Event	Price
9/22/2025	Sold	$288,750-33.6%$271/sqft
Source: TRIDEMLS #43657 Report a problem
8/20/2025	Pending sale	$435,000$409/sqft
Source: TRIDEMLS #43657 Report a problem
6/23/2025	Listed for sale	$435,000$409/sqft
Source: CREN #825745 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$976 -21.7%	$17,220 -3.6%
2023	$1,247 +36.6%	$17,860 +40.7%
2022	$913 +19.8%	$12,690 -2.8%
2021	$761 +98.7%	$13,060 +16.6%
2020	$383	$11,200
2019	$383 +16.5%	$11,200 +19.5%
2018	$329 +0.8%	$9,370
2017	$326	$9,370 +5.3%
2016	$326 -45.5%	$8,900
2015	$599 +18.8%	$8,900 +11.1%
2014	$504 +0.8%	$8,010
2013	$500 -17.2%	$8,010 -21.6%
2012	$604	$10,220
2011	--	$10,220
2010	--	--