Check Availability

1117 South 2nd Street

1117 South 2nd Street, Montrose, CO 81401
Property in Montrose
Sold Nov 01, 2021
$210,000
$195,000 by Montrose Rental House Llc
Mortgage Due Nov 01, 2031
Sold Feb 04, 2003
$99,000
1117 South 2nd Street in Montrose, CO was first built in 1916 and is 108 years old. Although, the building on the property was most recently renovated and altered in 1985. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1117 South 2nd Street has 894 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 linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 6,250 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of composition shingle. 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 wood control joints. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home 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, 1117 South 2nd Street sold most recently in Oct 25, 2021 for a total of $210,000. If you work out the math, that's approximately a cost of $234.90 per sqft. Before that, the property was also sold for $99,000 in Feb 4, 2003. 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 $888 in taxes each year. 1117 South 2nd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $17,360. If we break it down further, the land itself was valued at $3,820. Improvements to the property, however, were assessed at a total of $13,540. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1916
  • Effective Year Built: 1985
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,250
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 894
  • Building Area: 894
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 894
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LOUTSENHIZER ADDN
  • Land Acres: 0.143
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBD: LOUTSENHIZER ADDN BLOCK: 110 LOT: 15 AND:- LOT: 16 S: 27 T: 49 R: 9

Ownership

  • Current Owner : BRAKE HOLLIS JOHN
  • Current Owner 2: BRAKE SUSANNA LYNN
  • Previous Owner : MOTNROSE RENTAL HOUSE LLC
  • Owner Before Previous Owner: CROSMAN CINDY K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montrose County School District RE-1J
  • Census Tract: 966301

Geography

  • Account Number: R0003262
  • Parcel: 3767-272-35-008
  • Block: 110
  • Meridian: SEC 27 TWN 49 RNG 09
  • Latitude: 38.4833
  • Longitude: -107.868

    Address

  • Full Address: 1117 S 2nd St
  • Address - House Number: 1117
  • Street Direction: S
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: CO
  • City Name: Montrose
  • Carrier Code: C002
  • 4-Digit Zip Code: 4035
  • Zip Code: 81401

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $888
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.2257
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 282,745
  • High Value: 346,577
  • Low Value: 218,913

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $195,000
  • First Open Lien Mortgage Lender: MONTROSE RENTAL HOUSE LLC
  • First Open Lien Mortgage Recording Date: Nov 01, 2021
  • First Open Lien Mortgage Loan Amount: $195,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2031

    Market Valuation

  • Market Total Value: $249,850
  • Market Land Value: $55,000
  • Market Improvement Value: $194,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,360
  • Assessed Land Value: $3,820
  • Assessed Improvements Value: $13,540

    Sales

  • Current Sale Contract Date: Oct 25, 2021
  • Current Sale Recording Date: Nov 01, 2021
  • Current Sale Transaction ID: 11863528738
  • Current Sale Price: $210,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 943101
  • Previous Sale Recording Date: Feb 04, 2003
  • Previous Sale Contract Date: Feb 04, 2003
  • Previous Sale Amount: $99,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MONTROSE RENTAL HOUSE LLC
  • First Mortgage Transaction Date: Nov 01, 2021
  • First Mortgage Loan Amount: $195,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Seller take-back
  • First Mortgage Loan Due Date: Nov 01, 2031

About Montrose



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1117 South 2nd Street located in?
The 1117 South 2nd Street is a located in the neighborhood of Montrose in Montrose, Montrose.
What is the average sales price for listings in 1117 South 2nd Street?
The average sales price for units in 1117 South 2nd Street is $0 currently.

Quantcast