481 Collins Way
Montrose, CO 81403
3 bd 2 ba 2,142 sqft Built 2004 Lot 14,198 sqft single_family
Most recent sale
$584,000
Oct 8, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 7, 2022 | Sold | $620,000 | Public Record |
| Sep 29, 2022 | Price changed | $630,000 | MLS #798415 |
| Sep 22, 2022 | Listed | $649,000 | MLS #798415 |
| Sep 1, 2022 | Relisted | $649,900 | MLS #797444 |
| Aug 19, 2022 | Listed | $649,900 | MLS #797444 |
| Oct 8, 2021 | Sold | $584,000 | Public Record |
| Aug 5, 2021 | Listed | $584,000 | MLS #785452 |
| Sep 7, 2017 | Listing removed | $394,900 | CREN |
| Jul 17, 2017 | Listed | $394,900 | MLS #735462 |
| Jun 16, 2006 | Sold | $332,000 | Public Record |
| Jul 22, 2004 | Sold | $66,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | $25,330 | $4,970 | $30,300 | $2,085 |
| 2021 | $26,060 | $5,110 | $31,170 | $2,148 |
| 2020 | $24,010 | $5,340 | $29,350 | $1,969 |
| 2019 | $24,010 | $5,340 | $29,350 | $1,982 |
| 2018 | $22,480 | $4,310 | $26,790 | $1,855 |
| 2017 | $22,480 | $4,310 | $26,790 | $1,840 |
| 2016 | $19,240 | $4,760 | $24,000 | $1,621 |
| 2015 | $19,240 | $4,760 | $24,000 | $1,588 |
| 2014 | $16,530 | $4,760 | $21,290 | $1,412 |
| 2013 | $16,530 | $4,760 | $21,290 | $1,320 |
| 2012 | $19,900 | $7,450 | $27,350 | $1,682 |
| 2011 | $19,900 | $7,450 | $27,350 | $1,591 |
| 2010 | — | — | $30,540 | $1,856 |
| 2009 | — | — | $30,540 | $1,753 |
| 2008 | — | — | $29,830 | $1,732 |
Property facts
Year built
2004
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,142 sqft
Lot size
14,198 sqft
ZIP code
81403
City
Montrose
Street
Collins Way
Coordinates
38.43517, -107.88672
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,498
Gross rental yield
9.24%
Implied cap rate
6.01%
Trend-extrapolated value
—
Frequently asked questions
When did 481 Collins Way last sell?
481 Collins Way most recently sold on Oct 8, 2021 for $584,000.
What is the current tax assessment for 481 Collins Way?
The most recent total assessment for 481 Collins Way (year 2022) is $30,300 with $2,085 in property tax.
How does 481 Collins Way's assessment compare to its last sale price?
The current assessment is 94.8% below the last sale price of $584,000.
When was 481 Collins Way built?
481 Collins Way was built in 2004.
How does 481 Collins Way compare to others on Collins Way?
We track 7 other properties on Collins Way. Browse the list under "Other properties on Collins Way" to compare beds, baths, and sale history.
What are the property facts for 481 Collins Way?
481 Collins Way is a 3 bed, 2 bath, 2,142 sqft, 14,198 sqft lot single_family.
Is 481 Collins Way a flip candidate?
No — 481 Collins Way does not appear in our flips dataset.
Is 481 Collins Way a tax-appeal candidate?
No — 481 Collins 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
+1.6%
Implied 1-yr
+6.2%
2026 Q3
$909.2K
2026 Q4
$922K
ZIP 81403 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Collins Way