305 3rd St
Cortez, CO 81321
2 bd 2 ba 948 sqft Built 2007 Lot 8,875 sqft multi_family
Most recent sale
$225,000
Apr 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 21, 2025 | Sold | $260,000 | Public Record |
| Mar 15, 2025 | Listed | $265,000 | CREN |
| Apr 3, 2023 | Sold | $232,000 | Public Record |
| Nov 17, 2022 | Listed | $245,000 | CREN |
| Apr 15, 2022 | Sold | $225,000 | Public Record |
| Aug 24, 2021 | Price changed | $225,000 | MLS #781377 |
| May 1, 2021 | Listed | $235,000 | MLS #781377 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $12,560 | $1,450 | $14,010 | $899 |
| 2024 | $7,770 | $1,890 | $9,660 | $589 |
| 2022 | $7,740 | $1,210 | $8,950 | $495 |
| 2021 | $8,130 | $1,270 | $9,400 | $515 |
| 2020 | $7,460 | $1,400 | $8,860 | $467 |
| 2019 | $7,460 | $1,400 | $8,860 | $468 |
| 2018 | $9,130 | $1,410 | $10,540 | $672 |
| 2017 | $9,130 | $1,410 | $10,540 | $668 |
| 2016 | $8,900 | $1,550 | $10,450 | $600 |
| 2015 | $8,900 | $1,550 | $10,450 | $551 |
| 2014 | $8,900 | $1,550 | $10,450 | $642 |
| 2013 | — | — | $10,450 | $649 |
| 2012 | — | — | $12,430 | $725 |
| 2011 | — | — | $12,430 | $687 |
| 2010 | — | — | $12,430 | $697 |
Property facts
Year built
2007
Property type
multi_family
Stories
1
Beds
2
Baths
2
Living area
948 sqft
Lot size
8,875 sqft
ZIP code
81321
City
Cortez
Street
3rd St
Coordinates
37.34522, -108.58931
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,991
Gross rental yield
10.62%
Implied cap rate
6.90%
Trend-extrapolated value
—
Frequently asked questions
When did 305 3rd St last sell?
305 3rd St most recently sold on Apr 15, 2022 for $225,000.
What is the current tax assessment for 305 3rd St?
The most recent total assessment for 305 3rd St (year 2025) is $14,010 with $899 in property tax.
How does 305 3rd St's assessment compare to its last sale price?
The current assessment is 93.8% below the last sale price of $225,000.
When was 305 3rd St built?
305 3rd St was built in 2007.
How does 305 3rd St compare to others on 3rd St?
We track 8 other properties on 3rd St. Browse the list under "Other properties on 3rd St" to compare beds, baths, and sale history.
What are the property facts for 305 3rd St?
305 3rd St is a 2 bed, 2 bath, 948 sqft, 8,875 sqft lot multi_family.
Is 305 3rd St a flip candidate?
No — 305 3rd St does not appear in our flips dataset.
Is 305 3rd St a tax-appeal candidate?
No — 305 3rd St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-4.6%
Implied 1-yr
-18.5%
2026 Q3
$213.7K
2026 Q4
$199.6K
ZIP 81321 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 3rd St