1012 L Way
Cortez, CO 81321
3 bd 3 ba 1,482 sqft Built 2022 Lot 7,256 sqft single_family
Most recent sale
$24,000
Jan 14, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 6, 2023 | Sold | $380,000 | Public Record |
| Mar 8, 2023 | Listed | $410,000 | CREN |
| May 23, 2022 | Listed | $410,000 | MLS #793742 |
| Jan 14, 2021 | Sold | $24,000 | Public Record |
| Dec 24, 2020 | Listed | $26,000 | MLS #777255 |
| Aug 7, 2019 | Listed | $26,000 | MLS #761688 |
| Jul 18, 2019 | Price changed | $26,000 | MLS #752859 |
| Dec 18, 2018 | Listed | $22,500 | MLS #752859 |
| Mar 2, 2011 | Listing removed | $30,000 | CREN |
| Mar 19, 2010 | Listed | $30,000 | MLS #640126 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $21,760 | $2,010 | $23,770 | $1,527 |
| 2024 | $15,470 | $1,780 | $17,250 | $1,053 |
| 2022 | — | $5,960 | $5,960 | $330 |
| 2021 | — | $5,960 | $5,960 | $326 |
| 2020 | — | $2,900 | $2,900 | $153 |
| 2019 | — | $2,900 | $2,900 | $153 |
| 2018 | — | $2,900 | $2,900 | $185 |
| 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
2022
Property type
single_family
Stories
—
Beds
3
Baths
3
Living area
1,482 sqft
Lot size
7,256 sqft
ZIP code
81321
City
Cortez
Street
L Way
Coordinates
37.33812, -108.57577
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$144
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1012 L Way last sell?
1012 L Way most recently sold on Jan 14, 2021 for $24,000.
What is the current tax assessment for 1012 L Way?
The most recent total assessment for 1012 L Way (year 2025) is $23,770 with $1,527 in property tax.
How does 1012 L Way's assessment compare to its last sale price?
The current assessment is 1.0% below the last sale price of $24,000.
When was 1012 L Way built?
1012 L Way was built in 2022.
How does 1012 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 1012 L Way?
1012 L Way is a 3 bed, 3 bath, 1,482 sqft, 7,256 sqft lot single_family.
Is 1012 L Way a flip candidate?
No — 1012 L Way does not appear in our flips dataset.
Is 1012 L Way a tax-appeal candidate?
No — 1012 L Way 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