1221 South 3rd Street

Montrose, CO 81401

$579,000
Last Sold Price
4
Beds
3
Baths
2,474 Sq. Ft.
$234 / Sq. Ft.
2,474
Sq. Ft.
$234
per Sq. Ft.

Description

Rare investment opportunity in the heart of downtown Montrose, Colorado with 2 homes on 3 city lots! The property has been tastefully renovated to include a detached 657 sq ft ADU, perfect for additional rental income or to be used as a guest home for visitors. The additional dwelling unit has a full sized kitchen, washer/dryer, tiled shower, t&g pine ceiling, recessed lighting, bedroom with closet, and private outdoor space. The main home boasts a kitchen renovation to include vaulted ceilings,...Rare investment opportunity in the heart of downtown Montrose, Colorado with 2 homes on 3 city lots! The property has been tastefully renovated to include a detached 657 sq ft ADU, perfect for additional rental income or to be used as a guest home for visitors. The additional dwelling unit has a full sized kitchen, washer/dryer, tiled shower, t&g pine ceiling, recessed lighting, bedroom with closet, and private outdoor space. The main home boasts a kitchen renovation to include vaulted ceilings, recessed lighting, gas range, engineered red oak flooring, new cabinets and appliances, an eight foot butcher block island, separate coffee bar, and open shelving. The endless counter space and open floor plan make the kitchen and living room space a dream come true for hosting gatherings. The entertainment extends outside to the back and sides with a fenced yard, new grass, mulched beds, hot tub, and plenty of privacy. Enjoy the lovely shade trees in the front yard from your adorable porch. Just steps away is a wonderful sidewalk system allowing for nice morning, afternoon, and evening strolls. With distance from the busier roads but impeccable proximity to the downtown shops and restaurants, bike paths, schools, churches and hospital, you have it all with this location. The two homes have separate utilities running to each house on individual meters, separate water and sewer taps and new sewer lines to both homes, making the ease of rental a breeze. In addition to all the updates the sellers have made, a brand new 30-year roof will be completed on the home before the end of August. If one-of-a-kind homes in downtown Montrose are what you've been searching for, schedule your home tour today!
  1. Listed by Jamie Carver • NextHome Virtual

Property Details for 1221 South 3rd Street

Water Front
No
Zoning
Residential Single Family
Subdv Name
None

Location

Listing Courtesy of NextHome Virtual, Jamie Carver

Sold By NextHome Virtual, Jamie Carver

Add your commute
LISTING UPDATED: 09/01/2022 06:17 PM

Property Details for 1221 South 3rd Street

StatusSold Inner Office
MLS #795584
Days on Market61
Taxes$1,626 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeRESIDENTIAL / Stick Built
Year Built1912
Lot Size0.22 AC / 9,583 SF
CountyMontrose County

Location

Listing Courtesy of NextHome Virtual, Jamie Carver

Sold By NextHome Virtual, Jamie Carver

Add your commute

Building Information for 1221 South 3rd Street

Stories1Year Built1912Building Size-Lot Size0.22 AC / 9,583 SF

Payment Calculator

$3,295 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,160

Property Taxes

$136

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1221 South 3rd Street

Summary
Location and General Information
  • Year Remodeled: 2020
  • Directions: From Townsend Ave, go east on South 3rd Street to property.
Owner
  • Owner Name: Betzing
Parking
  • RV Parking: No
  • Carport Y/N: No
  • Garage Y/N: No
School Information
  • Elementary School: Johnson K-5
  • Middle School: Centennial 6-8
  • High School: Montrose 9-12
Taxes and HOA Information
  • Tax Account ID: 001000
  • HOA Y/N: No
  • Other Transfer Fees Y/N: No
  • Tax Year: 2022
  • Total Taxes $: 1625.52
Property
Property and Assessments
  • FIPS Code: 08085
  • Legal/Lot Block: LOUTSENHIZER ADDN Block: 112 Lot: 17 THRU:- Lot: 19
  • Foreign Owned Y/N: No
  • Photo Count: 35
  • New Construction Y/N: No
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: No
  • Lot Size/Acerage: Less than .25
  • Current Property Use: Residential
  • Possible Property Use: Residential
  • Parcel ID #: 3.76727109007E11
Green Features
  • Green Certification Y/N: No
  • HERS Rated Y/N: No
  • Energy Star Qualified Y/N: No
  • LEED for Homes Y/N: No
  • NAHB/NGBS-ICC 700 Y/N: No
Utilities
  • Internet Service Y/N: Yes
  • Internet Provider: Elevate
  • Addit Living Quarters: Yes
  • Water Well: No
Multi Family
Multi-Family Information
  • Residence Stories: 1.5 Story
Interior and Exterior Features
Room Information
  • 1/2 Baths: 0
  • 3/4 Baths: 2
  • 1/4 Baths: 0
  • Total Bathrooms: 3.00
  • Primary Bedroom Level: Main Level
  • Total Office/Den(s): 0
Interior Features
  • Furnished: Unfurnished
  • Addit Living Type: Guest Home
  • Foundation/ Basement: Basement-dug out, Concrete
  • Heating Fuel/Source: Natural Gas, Wood
  • Cooling: Evaporative Cooler
  • Heating System: Forced Air, Other
Exterior Features
  • Residence Style: Victorian
  • Fence: Privacy
  • Exterior Structures: Guest House, Shed

Property History for 1221 South 3rd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1221 South 3rd Street

Taxable ValueLand$4,400Additions$32,780Total$37,180
Tax Record2023$2,188 ($182 / month)
Home Facts
Beds3Total Finished SqFt1,817 SqFtAbove Grade Finished SqFt1,817 SqFtStories2Lot Size9,375 SqFtStyleSingle Family ResidenceYear Built1912CountyMONTROSEAPN3767-271-09-007

Schools near 1221 South 3rd Street

This home is within Montrose County Re-1j School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Johnson Elementary School
PublicPK to 5

Centennial Middle School
Public6 to 8

Montrose High School
Public9 to 12

Peak Virtual Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NextHome Virtual, Jamie Carver

Based on information from one of the following Multiple Listing Services: CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.