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216 North Stough Avenue

216 North Stough Avenue, Montrose, CO 81401
Multifamily in Montrose
Sold Apr 21, 2020
$560,000
Sold Jul 18, 2014
$475,000
216 North Stough Avenue has been categorized by the local assessors in Montrose, CO as a residential type of property. The building on the property was first built in 2002 and is 22 years old. The building has a total of 2 stories. In addition, 216 North Stough Avenue has 5,232 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 14,000 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with a evaporative cooler at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. 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, 216 North Stough Avenue sold most recently in Apr 20, 2020 for a total of $560,000. If you work out the math, that's approximately a cost of $107.03 per sqft. Before that, the property was also sold for $475,000 in Jul 18, 2014. 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 $3,099 in taxes each year. The initial year of tax delinquency occurred in 2022. 216 North Stough Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $49,400. If we break it down further, the land itself was valued at $5,100. Improvements to the property, however, were assessed at a total of $44,300. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2002
  • Effective Year Built: 2002
  • Total Rooms: 4
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,000
  • Total Building Area: 5,232
  • Gross Building Area: 5,232
  • Building Area: 5,232
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Evaporative cooler
  • Heating: Forced air unit
  • Heated Square Feet: 5,232
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CEDAR ADDN
  • Land Acres: 0.321
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: SUBD: CEDAR ADDN BLOCK: 2 LOT: 5 THRU:- LOT: 8 S: 27 T: 49 R: 9

Ownership

  • Current Owner : MOSLEY DAVID J
  • Previous Owner : MEEK RANCH INC
  • Owner Before Previous Owner: SOUTH COAST HOLDINGS LLC

Neighborhood

  • School District Name: Montrose County School District RE-1J
  • Census Tract: 966302

Geography

  • Account Number: R0003803
  • Parcel: 3767-272-41-024
  • Block: 2
  • Meridian: SEC 27 TWN 49 RNG 09
  • Latitude: 38.4875
  • Longitude: -107.87

    Address

  • Full Address: 216 N Stough Ave
  • Address - House Number: 216
  • Street Direction: N
  • Address - Street Name: Stough
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Montrose
  • Carrier Code: C001
  • 4-Digit Zip Code: 3770
  • Zip Code: 81401

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,099
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 1140

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 867,368
  • High Value: 1,261,854
  • Low Value: 472,881

    Market Valuation

  • Market Total Value: $726,420
  • Market Land Value: $75,000
  • Market Improvement Value: $651,420

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,400
  • Assessed Land Value: $5,100
  • Assessed Improvements Value: $44,300

    Sales

  • Current Sale Contract Date: Apr 20, 2020
  • Current Sale Recording Date: Apr 21, 2020
  • Current Sale Transaction ID: 11756029387
  • Current Sale Price: $560,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 920092
  • Previous Sale Recording Date: Jul 18, 2014
  • Previous Sale Contract Date: Jul 18, 2014
  • Previous Sale Amount: $475,000
  • Previous Sale Document Type: Warranty Deed

About Montrose



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Frequently Asked Questions

What neighborhood is 216 North Stough Avenue located in?
The 216 North Stough Avenue is a multifamily located in the neighborhood of Montrose in Montrose, Montrose.
What is the average sales price for listings in 216 North Stough Avenue?
The average sales price for units in 216 North Stough Avenue is $0 currently.

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