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15 West Main Street

15 West Main Street, Cortez, CO 81321
Commercial in Montezuma
15 West Main Street in Cortez, CO was first built in 1937 and is 87 years old. Although, the building on the property was most recently renovated and altered in 1965. This has been categorized as a commercial property type. It is a single story home. 15 West Main Street has 3,350 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 850 sqft and has been categorized as a unknown. In total, the area measurement of the land is 3,485 square feet.

Learn more about the property and building on this page. The home has a flat style roof. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The condition of the building has been evaluated as average. As for heating, the home is utilizing a forced air unit. 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, 15 West Main Street was last sold in Dec 28, 2020 for $170,000. According to our calculations, that's $50.75 per sqft. Prior to that sales transaction, the property was sold for $206,000 in Sep 20, 2016. Current property owners are expected to pay $2,453 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 15 West Main Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $53,781. To break that down further, the land itself was valued at $7,074. While improvements to the property were assessed at a total of $46,707. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200318
03/18/2020
Loft
-
3350 ft²
$199,500
bedrooms
Loft
bathrooms
-
square feet
3350 ft²
$170,000 -14.79%
12/30/2020
-
Merridith (Breezy) Obletz

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1965
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Masonry
  • Roof Shape Type: Flat
  • Floor Count: 1
  • Basement Area: 850
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,485
  • Total Building Area: 3,350
  • Gross Building Area: 3,350
  • Building Area: 3,350
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,350
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: TOWN OF CORTEZ
  • Land Acres: 0.08
  • Standard Land Use Code: Retail stores (personal services, photography, travel)
  • Legal Description 1: SUBDIVISION: TOWN OF CORTEZ LOT: 4 BLOCK: 36 B435 P72 R/486828

Ownership

  • Current Owner : 15 W MAIN LLC
  • Previous Owner : OBLETZ MERRIDITH PAGE
  • Previous Owner 2: OBLETZ PAUL ARTHUR
  • Owner Before Previous Owner: KECK JOSEPH M
  • Owner Before Previous Owner 2: KECK SUSAN L
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: CBD

Geography

  • Account Number: R009604
  • Parcel: 561126304003
  • Block: 36
  • Lot: 4
  • Meridian: SEC 8 TWN 36N RNG 13W
  • Municipality: MONTEZUMA-CORTEZ RE-1
  • Latitude: 37.3483
  • Longitude: -108.586

    Address

  • Full Address: 15 W Main St
  • Address - House Number: 15
  • Street Direction: W
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: CO
  • City Name: Cortez
  • Carrier Code: C007
  • 4-Digit Zip Code: 3133
  • Zip Code: 81321

Valuation

    Tax

  • Total Area: 4,200
  • Tax Year: 2023
  • Tax Amount: $2,453
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 11001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,544
  • First Open Lien Mortgage Lender: THE DOLORES STATE BANK
  • First Open Lien Mortgage Recording Date: Dec 30, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $120,544
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Dec 30, 2040

    Market Valuation

  • Market Total Value: $185,453
  • Market Land Value: $24,394
  • Market Improvement Value: $161,059

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $53,781
  • Assessed Land Value: $7,074
  • Assessed Improvements Value: $46,707

    Sales

  • Current Sale Contract Date: Dec 28, 2020
  • Current Sale Recording Date: Dec 30, 2020
  • Current Sale Transaction ID: 11809399472
  • Current Sale Price: $170,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 634057
  • Previous Sale Recording Date: Sep 21, 2016
  • Previous Sale Contract Date: Sep 20, 2016
  • Previous Sale Amount: $206,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE DOLORES STATE BANK
  • First Mortgage Transaction Date: Dec 30, 2020
  • First Mortgage Loan Amount: $120,544
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Dec 30, 2040

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: FOUR CORNERS COMMUNITY BANK
  • Previous Mortgage Transaction Date: Sep 21, 2016
  • Previous Mortgage Loan Amount: $164,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Cortez



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Frequently Asked Questions

What neighborhood is 15 West Main Street located in?
The 15 West Main Street is a commercial located in the neighborhood of Montezuma in Cortez, Cortez.
What is the average sales price for listings in 15 West Main Street?
The average sales price for units in 15 West Main Street is $199,500 , or $60/sqft. currently.

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