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    • $315,000

    512 N 5th Street, Montrose, CO 81401

    1beds
    948sqft
    : 
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    Stick Built
    Built in 1927
    6,098 Square Feet Lot
    $304,000 Zestimate®
    $332/sqft
    $-- HOA

    What's special

    Creative studioSpacious lotRoom to gardenWorkout areaCozy second living spaceHome officeFlexible lower-level space
    Welcome to simple living in the heart of Montrose, Colorado — where life moves just a little slower and community still matters. This charming one-bedroom, one-bath home is perfectly positioned just down the street from a local school and only minutes from downtown Montrose’s coffee shops, local restaurants, and small businesses. Whether it’s a morning stroll, an evening bike ride, or a quick trip to grab dinner with friends, you’ll love the convenience of this central location. Set on a spacious lot, the home is tucked back from the road, creating a sense of privacy and space that’s hard to find this close to town. There’s room to garden, gather with friends under the Colorado sky, or simply enjoy a quiet evening in your own backyard retreat. Inside, the flexible lower-level space offers opportunity — a home office, workout area, creative studio, or cozy second living space. It’s a layout that adapts to your lifestyle and grows with your needs. Whether you’re looking for your first home, a downsizing option with room to breathe, or an investment in one of Western Colorado’s most welcoming communities, this property captures the heart of Montrose living — comfortable, convenient, and full of possibility.
    148 days
    |
    217
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Dana Gleason C:970-209-2451,

    Coldwell Banker Distinctive Properties

    Source: CREN,MLS#: 831818MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Dining room
      • Features: Kitchen/Dining
      Cooling
      • Ceiling Fan(s)
      Appliances
      • Included: Dryer, Range, Refrigerator, Washer
      Features
      • Ceiling Fan(s)
      • Flooring: Carpet-Partial, Hardwood
      • Windows: Vinyl
      • Basement: Finished
      • Has fireplace: Yes
      • Fireplace features: Other
      Interior area
      • Total structure area: 948
      • Total interior livable area: 948 sqft
      • Finished area above ground: 948
      • Finished area below ground: 256

      Property

      Parking
      • Total spaces: 1
      • Parking features: Detached Garage
      • Garage spaces: 1
      Features
      • Patio & porch: Deck
      • Exterior features: Landscaping, Lawn Sprinklers
      Lot
      • Size: 6,098 Square Feet
      Details
      • Additional structures: Garage(s)
      • Parcel number: 376728123004
      • Zoning description: Residential Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow
      • Property subtype: Stick Built
      Materials
      • Vinyl Siding
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1927

      Utilities & green energy

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

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $332/sqft
      • Tax assessed value: $196,070
      • Annual tax amount: $1,020
      • Date on market: 2/20/2026
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $304,000

        $289,000 - $319,000

        $1,244/mo

        Price history

        DateEventPrice
        6/14/2026Listed for sale$315,000$332/sqft
        Source: CREN #831818 Report a problem
        6/1/2026Contingent$315,000$332/sqft
        Source: CREN #831818 Report a problem
        2/20/2026Listed for sale$315,000-5.4%$332/sqft
        Source: CREN #831818 Report a problem
        2/1/2026Listing removed$333,000+2.5%$351/sqft
        Source: NextHome #828504 Report a problem
        10/23/2025Price change$325,000-2.4%$343/sqft
        Source: CREN #828504 Report a problem
        9/15/2025Listed for sale$333,000+141.3%$351/sqft
        Source: CREN #828504 Report a problem
        7/21/2017Sold$138,000+41.2%$146/sqft
        Source: Public Record Report a problem
        3/24/2015Listing removed$97,700$103/sqft
        Source: Montrose Real Estate Group #701684 Report a problem
        1/24/2015Listed for sale$97,700-21.8%$103/sqft
        Source: Montrose Real Estate Group #701684 Report a problem
        2/24/2006Sold$125,000$132/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$673 -28.2%$13,140 -3.5%
        2023$937 +37.6%$13,620 +41.7%
        2022$681 +24.9%$9,610 -2.7%
        2021$545 -0.6%$9,880 +21.5%
        2020$549 $8,130
        2019$549 +19.8%$8,130 +22.8%
        2018$458 +0.8%$6,620
        2017$455 $6,620 -13.1%
        2016$455 -10.1%$7,620
        2015$505 +17.6%$7,620 +10%
        2014$430 +0.8%$6,930
        2013$426 -18.7%$6,930 -23.1%
        2012$524 $9,010
        2011-- $9,010
        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

        77 / 100
        Very Walkable
        59 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Northside 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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