BUSINESS, HOME or RENTAL! Lots of options here as this corner lot in Cortez is approximately 2 blocks from Main Street (Hwy 160) and is zoned Neighborhood Business. It is presently used as two apartments (main floor and basement) with a rent potential of $1800 per month. Main floor apartment is a 2BR1BA, spacious with large living room, dining room, laundry room as well as access to a very nice outdoor concrete patio, small baseketball court, yard, privacy fence and a 1 car detached garage. The Basement apartment is a 1BR 3/4BA unit w/a small portion of basement unfinished. No doubt this is an older home and needs upgrades. Great opportunities being located within walking distance to shopping and schools whether you use it as a business, home or a rental.
Active
Price cut: $7.5K (5/27)
$282,500
204 S Chestnut Street, Cortez, CO 81321
3beds
2,028sqft
Stick Built
Built in 1946
6,185 Square Feet Lot
$276,500 Zestimate®
$139/sqft
$-- HOA
What's special
Privacy fenceCorner lotDining roomLaundry room
- 67 days |
- 335 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Robin Rice O:970-739-0455,
eXp Realty, LLC
Source: CREN,MLS#: 834036
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Dining room
- Features: Separate Dining
Cooling
- Evaporative Cooling
Appliances
- Included: Dryer, Range, Refrigerator, Washer
- Laundry: W/D Hookup
Features
- Flooring: Carpet-Partial, Laminate
- Windows: Window Coverings, Metal, Single Pane
- Basement: Walk-Out Access
Interior area
- Total structure area: 2,028
- Total interior livable area: 2,028 sqft
- Finished area above ground: 1,014
- Finished area below ground: 800
Property
Parking
- Total spaces: 1
- Parking features: Detached Garage
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Frontage length: 50'-75' Frontage
Lot
- Size: 6,185 Square Feet
Details
- Additional structures: Garage(s)
- Parcel number: 561126320012
- Zoning description: Mixed-Use,Residential Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Stick Built
Materials
- Stucco
- Foundation: Concrete Perimeter
- Roof: Membrane
Condition
- New construction: No
- Year built: 1946
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water, Installed Paid
- Utilities for property: Natural Gas Connected
Community & HOA
Community
- Subdivision: Cortez Original
HOA
- Has HOA: No
Location
- Region: Cortez
Financial & listing details
- Price per square foot: $139/sqft
- Tax assessed value: $146,709
- Annual tax amount: $1,011
- Date on market: 4/27/2026
- Road surface type: Paved
Estimated market value
$276,500
$263,000 - $290,000
$1,816/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/27/2026 | Price change | $282,500-2.6%$139/sqft |
Source: | ||
| 4/27/2026 | Listed for sale | $290,000+286.7%$143/sqft |
Source: | ||
| 11/15/2013 | Sold | $75,000-16.7%$37/sqft |
Source: Public Record Report a problem | ||
| 8/30/2013 | Listed for sale | $90,000-33.3%$44/sqft |
Source: West Slope Realty #684723 Report a problem | ||
| 2/6/2013 | Listing removed | $135,000$67/sqft |
Source: West Slope Realty #672195 Report a problem | ||
| 8/30/2012 | Listed for sale | $135,000$67/sqft |
Source: West Slope Realty #672195 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $600 +9.9% | $9,830 |
| 2023 | $546 -13.6% | $9,830 -12.5% |
| 2022 | $632 | $11,240 -2.7% |
| 2021 | -- | $11,550 +17.5% |
| 2020 | -- | $9,830 +7.4% |
| 2017 | -- | $9,150 +15.1% |
| 2016 | $457 | $7,950 -93.1% |
| 2015 | $457 | $115,720 +1355.6% |
| 2014 | -- | $7,950 -10.6% |
| 2013 | -- | $8,890 -16.2% |
| 2012 | -- | $10,610 |
| 2011 | -- | $10,610 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 81321
Nearby schools
GreatSchools rating
- 5/10Kemper Elementary SchoolGrades: K-5Distance: 0.7 mi
- 6/10Cortez Middle SchoolGrades: 6-8Distance: 0.3 mi
- 3/10Montezuma-Cortez High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Mesa K-5
- Middle: Cortez 6-8
- High: Montezuma-Cortez 9-12
Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Colorado
- Montezuma County
- Cortez
- 81321
- 204 S Chestnut Street





