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240 Chestnut St

Cortez, CO 81321

3 bd 2 ba 1,379 sqft Built 1927 Lot 7,100 sqft single_family
Most recent sale
$263,000
Sep 1, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 15, 2024 Sold $350,000 Public Record
Apr 11, 2024 Listing removed CREN
Mar 29, 2024 Price changed $354,500 CREN
Feb 24, 2024 Listed $357,500 CREN
Sep 1, 2021 Sold $263,000 Public Record
Aug 14, 2021 Listing removed CREN
Jul 16, 2021 Listed $260,000 CREN
Mar 19, 2021 Listing removed CREN
Mar 12, 2021 Listed $235,000 CREN
Apr 28, 2015 Sold $170,000 Public Record
Jan 19, 2015 Listing removed $185,000 CREN
Oct 1, 2014 Listed $185,000 CREN

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $17,760 $1,150 $18,910 $1,215
2024 $10,270 $1,590 $11,860 $724
2022 $10,210 $990 $11,200 $620
2021 $10,510 $1,020 $11,530 $631
2020 $9,020 $1,120 $10,140 $534
2019 $9,020 $1,120 $10,140 $535
2018 $9,450 $1,120 $10,570 $673
2017 $9,450 $1,120 $10,570 $670
2016 $8,790 $1,240 $10,030 $576
2015 $8,790 $1,240 $10,030 $528
2014 $8,790 $1,240 $10,030 $615
2013 $10,030 $623
2012 $12,050 $702
2011 $12,050 $665
2010 $12,200 $683

Property facts

Year built
1927
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,379 sqft
Lot size
7,100 sqft
ZIP code
81321
City
Cortez
Street
Chestnut St
Coordinates
37.35171, -108.58620

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,896
Gross rental yield
13.21%
Implied cap rate
8.59%
Trend-extrapolated value

Frequently asked questions

When did 240 Chestnut St last sell?
240 Chestnut St most recently sold on Sep 1, 2021 for $263,000.
What is the current tax assessment for 240 Chestnut St?
The most recent total assessment for 240 Chestnut St (year 2025) is $18,910 with $1,215 in property tax.
How does 240 Chestnut St's assessment compare to its last sale price?
The current assessment is 92.8% below the last sale price of $263,000.
When was 240 Chestnut St built?
240 Chestnut St was built in 1927.
How does 240 Chestnut St compare to others on Chestnut St?
We track 8 other properties on Chestnut St. Browse the list under "Other properties on Chestnut St" to compare beds, baths, and sale history.
What are the property facts for 240 Chestnut St?
240 Chestnut St is a 3 bed, 2 bath, 1,379 sqft, 7,100 sqft lot single_family.
Is 240 Chestnut St a flip candidate?
No — 240 Chestnut St does not appear in our flips dataset.
Is 240 Chestnut St a tax-appeal candidate?
No — 240 Chestnut St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-4.6%
Implied 1-yr
-18.5%
2026 Q3
$213.7K
2026 Q4
$199.6K
ZIP 81321 — Median Price History + Forecast

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