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122 South Wortman Avenue

122 South Wortman Avenue, Olathe, CO 81425
Property in Montrose
Sold Jul 02, 2020
$195,000
$201,010 by Cornerstone Home Lending Inc
Mortgage Due Aug 01, 2050
Sold Jan 24, 2006
$100,000
$100,000 by Montrose Fcu
Mortgage Due Feb 01, 2011
122 South Wortman Avenue has been categorized by the local assessors in Olathe, CO as a residential type of property. The building on the property was first built in 1975 and is 49 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 122 South Wortman Avenue has 1,344 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 22,251 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. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. The building has a gable or hip style roof made of metal. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a radiant heating system and being fueled with electricity. The property was last sold in Jul 1, 2020 for $195,000. That's $145.09 per sqft. Prior to that sales transaction, the property was also sold in Jan 23, 2006 for $100,000. 122 South Wortman Avenue was last assessed in 2023. The total value of the property was assessed at $19,710. Specifically, the land the property is located on was valued at $5,480. While improvements on the property were assessed at a total of $14,230. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,175. The initial tax year of delinquency was in 2017. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Wood
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 22,251
  • Total Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Radiant
  • Heated Square Feet: 1,344
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ALAMO HEIGHTS
  • Land Acres: 0.511
  • Standard Land Use Code: Single family residential
  • Legal Description 1: S: 10 T: 50 R: 10 A TRT OF LAND IN THE SWSW DESC BY M/B RECPT #922475

Ownership

  • Current Owner : PADILLA LAURA
  • Current Owner 2: VILLARREAL ISAAC
  • Previous Owner : PALUMBO JACK
  • Previous Owner 2: PALUMBO MICHELLE
  • Owner Before Previous Owner: MOUNT DAVID O
  • Owner Before Previous Owner 2: MOUNT STEVEN C

Neighborhood

  • School District Name: Montrose County School District RE-1J
  • Census Tract: 966202

Geography

  • Account Number: R0007383
  • Parcel: 3723-103-00-019
  • Block: 204
  • Meridian: SEC 10 TWN 50 RNG 10
  • Latitude: 38.6083
  • Longitude: -107.983

    Address

  • Full Address: 122 S Wortman Ave
  • Address - House Number: 122
  • Street Direction: S
  • Address - Street Name: Wortman
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Olathe
  • Zip Code: 81425

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,175
  • Intital Tax Deliquent Year: 2017
  • Tax Rate Code Area: 15000

    Appraisal Valuation

  • Standard Deviation: 0.1982
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 321,185
  • High Value: 384,873
  • Low Value: 257,497

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $201,010
  • First Open Lien Mortgage Lender: CORNERSTONE HOME LENDING INC
  • First Open Lien Mortgage Recording Date: Jul 02, 2020
  • First Open Lien Mortgage Loan Amount: $201,010
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Market Valuation

  • Market Total Value: $283,550
  • Market Land Value: $78,800
  • Market Improvement Value: $204,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,710
  • Assessed Land Value: $5,480
  • Assessed Improvements Value: $14,230

    Sales

  • Current Sale Contract Date: Jul 01, 2020
  • Current Sale Recording Date: Jul 02, 2020
  • Current Sale Transaction ID: 11770801352
  • Current Sale Price: $195,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 922475
  • Previous Sale Recording Date: Jan 24, 2006
  • Previous Sale Contract Date: Jan 23, 2006
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORNERSTONE HOME LENDING INC
  • First Mortgage Transaction Date: Jul 02, 2020
  • First Mortgage Loan Amount: $201,010
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MONTROSE FCU
  • Previous Mortgage Transaction Date: Jan 24, 2006
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2011

About Olathe



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Frequently Asked Questions

What neighborhood is 122 South Wortman Avenue located in?
The 122 South Wortman Avenue is a located in the neighborhood of Montrose in Olathe, Olathe.
What is the average sales price for listings in 122 South Wortman Avenue?
The average sales price for units in 122 South Wortman Avenue is $0 currently.

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