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15 West 5th Street

15 West 5th Street, Cortez, CO 81321
Property in Montezuma
Sold Jul 12, 2017
$136,000
$114,200 by Academy Mortgage Corp
Mortgage Due Aug 01, 2047
Sold Aug 10, 2012
$85,000
15 West 5th Street has been categorized by the local assessors in Cortez, CO as a residential type of property. The building on the property was first built in 1995 and is 29 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 15 West 5th Street has 1,624 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 10,629 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a mobile home style.

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 average. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 15 West 5th Street sold most recently in Jul 10, 2017 for a total of $136,000. If you work out the math, that's approximately a cost of $83.74 per sqft. Before that, the property was also sold for $85,000 in Aug 7, 2012. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $482 in taxes each year. 15 West 5th Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $11,438. If we break it down further, the land itself was valued at $1,695. Improvements to the property, however, were assessed at a total of $9,743. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Style: Mobile home
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,629
  • Total Building Area: 1,624
  • Gross Building Area: 1,624
  • Building Area: 1,624
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,624
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHAMBERLINS ADDITION
  • Land Acres: 0.244
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T
  • Legal Description 1: SUBDIVISION: CHAMBERLINS ADDITION LOT: 13 - 15 BLOCK: 77 R/468915 R/470368

Ownership

  • Current Owner : NICKOSON STARR L
  • Previous Owner : CASE PETER GILL
  • Owner Before Previous Owner: VANEK BRADLEY J
  • Owner Before Previous Owner 2: VANEK SUSAN R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R2

Geography

  • Account Number: R009910
  • Parcel: 561126346022
  • Block: 77
  • Lot: 13-15
  • Municipality: MONTEZUMA-CORTEZ RE-1
  • Latitude: 37.3432
  • Longitude: -108.586

    Address

  • Full Address: 15 W 5th St
  • Address - House Number: 15
  • Street Direction: W
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: CO
  • City Name: Cortez
  • Carrier Code: C002
  • 4-Digit Zip Code: 3618
  • Zip Code: 81321

Valuation

    Tax

  • Total Area: 1,624
  • Tax Year: 2023
  • Tax Amount: $482
  • Tax Rate Code Area: 11001

    Appraisal Valuation

  • Standard Deviation: 0.2412
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 275,595
  • High Value: 342,077
  • Low Value: 209,114

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $114,200
  • First Open Lien Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jul 12, 2017
  • First Open Lien Mortgage Loan Amount: $114,200
  • 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, 2047

    Market Valuation

  • Market Total Value: $143,704
  • Market Land Value: $21,300
  • Market Improvement Value: $122,404

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $11,438
  • Assessed Land Value: $1,695
  • Assessed Improvements Value: $9,743

    Sales

  • Current Sale Contract Date: Jul 10, 2017
  • Current Sale Recording Date: Jul 12, 2017
  • Current Sale Transaction ID: 1589901486
  • Current Sale Price: $136,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 612148
  • Previous Sale Recording Date: Aug 10, 2012
  • Previous Sale Contract Date: Aug 07, 2012
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Mortgage Transaction Date: Jul 12, 2017
  • First Mortgage Loan Amount: $114,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2047

About Cortez



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Frequently Asked Questions

What neighborhood is 15 West 5th Street located in?
The 15 West 5th Street is a located in the neighborhood of Montezuma in Cortez, Cortez.
What is the average sales price for listings in 15 West 5th Street?
The average sales price for units in 15 West 5th Street is $0 currently.

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