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1002 L Way

Cortez, CO 81321

2 bd 2 ba 1,520 sqft Built 2017 Lot 8,991 sqft single_family
Most recent sale
$410,000
Aug 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 29, 2022 Sold $410,000 Public Record
Jul 20, 2022 Listed $410,000 MLS #796344
Sep 30, 2021 Listed $439,900 MLS #787383
Jun 1, 2017 Sold $102,500 Public Record
May 5, 2017 Listed $42,000 MLS #731824

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $22,670 $2,010 $24,680 $1,586
2024 $16,240 $1,790 $18,030 $1,100
2022 $16,030 $2,240 $18,270 $1,011
2021 $16,490 $2,300 $18,790 $1,029
2020 $12,950 $2,150 $15,100 $796
2019 $12,950 $2,150 $15,100 $798
2018 $10,750 $2,160 $12,910 $823
2017 $2,900 $2,900 $184
2016 $2,520 $2,520 $145
2015 $2,520 $2,520 $133
2014 $2,240 $2,240 $138
2013 $2,180 $135
2012 $3,810 $222
2011 $3,810 $210
2010 $4,000 $224

Property facts

Year built
2017
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,520 sqft
Lot size
8,991 sqft
ZIP code
81321
City
Cortez
Street
L Way
Coordinates
37.33835, -108.57535

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,192
Gross rental yield
9.34%
Implied cap rate
6.07%
Trend-extrapolated value

Frequently asked questions

When did 1002 L Way last sell?
1002 L Way most recently sold on Aug 29, 2022 for $410,000.
What is the current tax assessment for 1002 L Way?
The most recent total assessment for 1002 L Way (year 2025) is $24,680 with $1,586 in property tax.
How does 1002 L Way's assessment compare to its last sale price?
The current assessment is 94.0% below the last sale price of $410,000.
When was 1002 L Way built?
1002 L Way was built in 2017.
How does 1002 L Way compare to others on L Way?
We track 8 other properties on L Way. Browse the list under "Other properties on L Way" to compare beds, baths, and sale history.
What are the property facts for 1002 L Way?
1002 L Way is a 2 bed, 2 bath, 1,520 sqft, 8,991 sqft lot single_family.
Is 1002 L Way a flip candidate?
No — 1002 L Way does not appear in our flips dataset.
Is 1002 L Way a tax-appeal candidate?
No — 1002 L Way 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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