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Sold inner office
  • $280,000

    740 S 5th Street, Montrose, CO 81401

    2beds
    801sqft
    Stick Built
    Built in 1958
    3,746 Square Feet Lot
    $291,900 Zestimate®
    $350/sqft
    $1,429 Estimated rent

    Home value

    $291,900

    $248,000 - $342,000

    $1,429/mo

    Zestimate® history
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    What's special

    Character abounds in this little gem in the heart of Montrose. This charming home feels open and spacious. Lovely natural light pours into the living room windows as you look out onto the adorable backyard with raised garden beds. Kitchen has been beautifully updated with new appliances, cabinets, countertops and backsplash and opens to dining and living areas. The primary bedroom has nice storage and a walk in closet. This home has a very unique feature...a loft over the living room that offers open air space and adds great storage in this charming bungalow. Updated with solar power to minimize utility costs, three mini-split units to keep you cool in the summer and warm in the winter and the front room has a wood burning stove to cozy up next to in the cold winter months. In addition to the included kitchen appliances, there's also a stackable washer/dryer. Enjoy endless hot water with a tankless water heater. Front and back yards are fully fenced. Living in the heart of Montrose lends itself to the ability to walk or bike to nearly everything, like shopping, schools, the library, banking, coffee shops, restaurants, gyms, bakeries, breweries, and so much more. Most of all you’ll like the established trees that hang over the streets, and the comfort of being centrally located. Zoned Office/Residential. So many possibilities for this property...Would make a great first home, investment or vacation rental.

    Zillow last checked:

    Listing updated:

    Listed by:

    Linda Steil C:970-417-8082,

    Berkshire Hathaway HomeServices Colorado Properties

    Bought with:

    Linda Steil

    Berkshire Hathaway HomeServices Colorado Properties

    Source: CREN,MLS#: 818795MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • 3/4 bathrooms: 1
    Dining room
    • Features: Kitchen/Dining
    Cooling
    • Ductless
    Appliances
    • Included: Range, Refrigerator, Dishwasher, Washer, Dryer, Disposal
    Features
    • Flooring: Tile
    • Has fireplace: Yes
    • Fireplace features: Free Standing, Wood Burning Stove
    Interior area
    • Total structure area: 801
    • Total interior livable area: 801 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 3,746 Square Feet
    Details
    • Parcel number: 376727315002
    • Zoning description: Live/Work,Residential Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Stick Built
    Materials
    • Wood Frame
    • Foundation: Slab
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1958

    Utilities & green energy

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

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $350/sqft
    • Tax assessed value: $193,910
    • Annual tax amount: $632
    • Date on market: 1/3/2025
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    1/2/2025Sold$280,000-6.7%$350/sqft
    Source: CREN #818795 Report a problem
    10/15/2024Listed for sale$300,000+57.9%$375/sqft
    Source: CREN #818795 Report a problem
    3/28/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    3/21/2022Listed for rent$1,400$2/sqft
    Source: Zillow Rental Manager Report a problem
    6/3/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    5/24/2021Listed for rent$1,400$2/sqft
    Source: Zillow Rental Manager Report a problem
    9/24/2020Sold$190,000-2.6%$237/sqft
    Source: Public Record Report a problem
    8/20/2020Pending sale$195,000$243/sqft
    Source: Coldwell Banker Distinctive Properties #773474 Report a problem
    8/17/2020Listed for sale$195,000+30%$243/sqft
    Source: Coldwell Banker Distinctive Properties #773474 Report a problem
    7/30/2018Sold$150,000-6.2%$187/sqft
    Source: Public Record Report a problem
    6/27/2018Pending sale$159,900$200/sqft
    Source: The Real Estate Store #746787 Report a problem
    6/25/2018Price change$159,900-3%$200/sqft
    Source: The Real Estate Store #746787 Report a problem
    6/17/2018Listed for sale$164,900+39.7%$206/sqft
    Source: The Real Estate Store #746787 Report a problem
    6/23/2015Sold$118,000$147/sqft
    Source: Public Record Report a problem
    5/9/2015Listed for sale$118,000$147/sqft
    Source: The Real Estate Store #705780 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$662 -28.6%$12,990 -3.6%
    2023$928 +20.1%$13,480 +23.9%
    2022$772 +20.9%$10,880 -2.9%
    2021$639 -0.7%$11,200 +17.6%
    2020$643 $9,520
    2019$643 +32.1%$9,520 +35.4%
    2018$487 +0.8%$7,030
    2017$483 $7,030 -0.8%
    2016$483 +2.6%$7,090
    2015$470 +8.8%$7,090 +1.7%
    2014$432 +0.8%$6,970
    2013$429 -14.2%$6,970 -18.9%
    2012$500 $8,590
    2011-- $8,590
    2010-- --
    Find assessor info on the county website

    Neighborhood: 81401

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Pomona 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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    $297,738