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1209 East Main Street

1209 East Main Street, Cortez, CO 81321
Commercial in Montezuma
1 Units For Sale
Unit for sale at 1209 E Main Street, Cortez, CO 81321

$1,496,500

  • Commercial
  • 4,071 ft²
1209 E Main Street, Cortez, CO 81321 Listing by Nickolas Johnson

1209 East Main Street has been categorized by the local assessors in Cortez, CO as a unknown type of property. The building on the property was first built in 2003 and is 21 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1209 East Main Street has 4,071 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 42,732 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as unknown. From what we've gathered, the quality of these control joints have been graded with a letter grade of unknown by the local assessor. The building has a unknown style roof. The inside of the home is being cooled with unknown at the moment. In terms of heating, it is utilizing unknown. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1209 East Main Street was last sold in Jun 1, 2007 for $85,000. According to our calculations, that's $20.88 per sqft. Current property owners are expected to pay $10,503 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 1209 East Main Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $182,155. To break that down further, the land itself was valued at $74,279. While improvements to the property were assessed at a total of $107,876. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.

This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210719
07/19/2021
Loft
-
4071 ft²
$1,496,500
bedrooms
Loft
bathrooms
-
square feet
4071 ft²
-
-
-
Nickolas Johnson
EXIT Realty Home & Ranch
20200318
03/18/2020
Studio
-
4071 ft²
$1,300,000
bedrooms
Studio
bathrooms
-
square feet
4071 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 2
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 42,732
  • Total Building Area: 4,071
  • Gross Building Area: 4,071
  • Building Area: 4,071
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,071
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: SUBWAY MINOR
  • Land Acres: 0.981
  • Legal Description 1: SUBDIVISION: SUBWAY MINOR LOT: 2-A QUARTER: SW/4 SECTION: 25 TOWNSHIP: 36 RANGE: 16 SUBDIVISION: SUBWAY MINOR LOT: 2-A .98AC

Ownership

  • Current Owner : PARGA DALLAS W
  • Current Owner 2: PARGA LEILA J
  • Previous Owner : J & L DEVELOPMENT LLC
  • Owner Before Previous Owner: J & L DEVELOPMENT LLC

Neighborhood

  • School District Name: Montezuma-Cortez School District RE-1
  • Census Tract: 969400

Zoning

  • Zoning: C

Geography

  • Account Number: R016280
  • Parcel: 561125312004
  • Lot: 2
  • Meridian: SEC 25 TWN 36N RNG 16W
  • Municipality: MONTEZUMA-CORTEZ RE-1
  • Latitude: 37.3484
  • Longitude: -108.57

    Address

  • Full Address: 1209 E Main St
  • Address - House Number: 1209
  • Street Direction: E
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: CO
  • City Name: Cortez
  • Carrier Code: C007
  • 4-Digit Zip Code: 2910
  • Zip Code: 81321

Valuation

    Tax

  • Total Area: 4,071
  • Tax Year: 2023
  • Tax Amount: $10,503
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 11001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $235,367
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK
  • First Open Lien Mortgage Recording Date: May 10, 2017
  • First Open Lien Mortgage Loan Amount: $235,367
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: May 10, 2047

    Market Valuation

  • Market Total Value: $628,118
  • Market Land Value: $256,133
  • Market Improvement Value: $371,985

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $182,155
  • Assessed Land Value: $74,279
  • Assessed Improvements Value: $107,876

    Sales

  • Current Sale Contract Date: Jun 01, 2007
  • Current Sale Recording Date: Jun 01, 2007
  • Current Sale Transaction ID: 1055997483
  • Current Sale Price: $85,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 548974
  • Previous Sale Recording Date: Jul 08, 2002
  • Previous Sale Contract Date: Jul 08, 2002
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY FIRST MORTGAGE CORP
  • First Mortgage Transaction Date: Jun 01, 2007
  • First Mortgage Loan Amount: $990,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown

About Cortez



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Frequently Asked Questions

What neighborhood is 1209 East Main Street located in?
The 1209 East Main Street is a commercial located in the neighborhood of Montezuma in Cortez, Cortez.
How many listings are currently for sale in 1209 East Main Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 1209 East Main Street?
The average sales price for units in 1209 East Main Street is $1,496,500 , or $368/sqft. currently.

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