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1612 Downey Ave

Cortez, CO 81321

3 bd 2 ba 1,800 sqft Built 2022 single_family
Most recent sale
$400,000
Jan 27, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 28, 2025 Sold $425,000 Public Record
Jan 28, 2025 Price changed $449,000 CREN
Sep 24, 2024 Price changed $455,000 CREN
Aug 14, 2024 Price changed $465,000 CREN
Jun 28, 2024 Price changed $475,000 CREN
May 10, 2024 Price changed $485,000 CREN
Mar 11, 2024 Listed $498,500 CREN
Jan 27, 2023 Sold $400,000 Public Record
Nov 16, 2022 Listing removed CREN
Sep 13, 2022 Listing removed CREN
Sep 13, 2022 Listed $399,999 MLS #798181
Aug 5, 2022 Listed $399,999 MLS #797004
Jun 15, 2022 Sold $554,900 Public Record
Feb 12, 2021 Sold $140,000 Public Record
Jun 10, 2019 Sold $150,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $20,620 $1,340 $21,960 $1,411
2024 $17,900 $2,040 $19,940 $1,217
2022 $4,780 $4,780 $264
2021 $4,780 $4,780 $261
2020 $2,100 $2,100 $110
2019 $2,100 $2,100 $111
2018 $2,100 $2,100 $133
2017 $2,100 $2,100 $133
2016 $2,100 $2,100 $120
2015 $2,100 $2,100 $110
2014 $2,100 $2,100 $128
2013 $2,100 $130
2012 $2,480 $144
2011 $2,480 $137
2010 $2,480 $139

Property facts

Year built
2022
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,800 sqft
Lot size
ZIP code
81321
City
Cortez
Street
Downey Ave
Coordinates
37.35325, -108.56489

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
$3,780
Gross rental yield
11.34%
Implied cap rate
7.37%
Trend-extrapolated value

Frequently asked questions

When did 1612 Downey Ave last sell?
1612 Downey Ave most recently sold on Jan 27, 2023 for $400,000.
What is the current tax assessment for 1612 Downey Ave?
The most recent total assessment for 1612 Downey Ave (year 2025) is $21,960 with $1,411 in property tax.
How does 1612 Downey Ave's assessment compare to its last sale price?
The current assessment is 94.5% below the last sale price of $400,000.
When was 1612 Downey Ave built?
1612 Downey Ave was built in 2022.
How does 1612 Downey Ave compare to others on Downey Ave?
We track 8 other properties on Downey Ave. Browse the list under "Other properties on Downey Ave" to compare beds, baths, and sale history.
What are the property facts for 1612 Downey Ave?
1612 Downey Ave is a 3 bed, 2 bath, 1,800 sqft single_family.
Is 1612 Downey Ave a flip candidate?
Yes — 1612 Downey Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1612 Downey Ave a tax-appeal candidate?
No — 1612 Downey Ave 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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