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402 Montezuma Ave

Cortez, CO 81321

3 bd 2 ba 1,292 sqft Built 1926 Lot 11,250 sqft single_family
Most recent sale
$375,000
Aug 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 15, 2022 Sold $375,000 Public Record
Jul 6, 2022 Price changed $389,900 MLS #793529
Jun 20, 2022 Price changed $409,900 MLS #793529
May 17, 2022 Listed $449,000 MLS #793529
Jan 21, 2022 Listed $400,000 MLS #789853
Oct 27, 2021 Sold $205,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $20,590 $1,830 $22,420 $1,440
2024 $14,830 $2,730 $17,560 $1,072
2022 $8,820 $1,560 $10,380 $574
2021 $9,070 $1,610 $10,680 $585
2020 $7,670 $1,770 $9,440 $497
2019 $7,670 $1,770 $9,440 $498
2018 $5,260 $1,780 $7,040 $448
2017 $5,260 $1,780 $7,040 $446
2016 $5,120 $1,970 $7,090 $407
2015 $5,120 $1,970 $7,090 $373
2014 $5,120 $1,970 $7,090 $217
2013 $7,090 $220
2012 $4,160 $242
2011 $8,330 $460
2010 $10,530 $590

Property facts

Year built
1926
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,292 sqft
Lot size
11,250 sqft
ZIP code
81321
City
Cortez
Street
Montezuma Ave
Coordinates
37.35124, -108.57974

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
$2,713
Gross rental yield
8.68%
Implied cap rate
5.64%
Trend-extrapolated value

Frequently asked questions

When did 402 Montezuma Ave last sell?
402 Montezuma Ave most recently sold on Aug 15, 2022 for $375,000.
What is the current tax assessment for 402 Montezuma Ave?
The most recent total assessment for 402 Montezuma Ave (year 2025) is $22,420 with $1,440 in property tax.
How does 402 Montezuma Ave's assessment compare to its last sale price?
The current assessment is 94.0% below the last sale price of $375,000.
When was 402 Montezuma Ave built?
402 Montezuma Ave was built in 1926.
How does 402 Montezuma Ave compare to others on Montezuma Ave?
We track 8 other properties on Montezuma Ave. Browse the list under "Other properties on Montezuma Ave" to compare beds, baths, and sale history.
What are the property facts for 402 Montezuma Ave?
402 Montezuma Ave is a 3 bed, 2 bath, 1,292 sqft, 11,250 sqft lot single_family.
Is 402 Montezuma Ave a flip candidate?
Yes — 402 Montezuma Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 402 Montezuma Ave a tax-appeal candidate?
No — 402 Montezuma 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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