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518 Park Ave

Montrose, CO 81401

3 bd 1 ba 1,280 sqft Built 1909 Lot 8,400 sqft single_family
Most recent sale
$350,000
Jul 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 26, 2022 Sold $350,000 Public Record
Jun 21, 2022 Listed $350,000 MLS #795114
Nov 11, 2017 Listing removed $175,000 CREN
Oct 17, 2017 Listed $175,000 MLS #738748

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $9,410 $3,200 $12,610 $867
2021 $9,680 $3,290 $12,970 $894
2020 $8,070 $2,840 $10,910 $732
2019 $8,070 $2,840 $10,910 $737
2018 $5,680 $2,290 $7,970 $552
2017 $5,680 $2,290 $7,970 $274
2016 $5,280 $2,310 $7,590 $256
2015 $5,280 $2,310 $7,590 $251
2014 $4,130 $2,310 $6,440 $427
2013 $4,130 $2,310 $6,440 $399
2012 $5,540 $3,660 $9,200 $566
2011 $5,540 $3,660 $9,200 $535
2010 $10,260 $624
2009 $10,260 $589
2008 $9,780 $284

Property facts

Year built
1909
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,280 sqft
Lot size
8,400 sqft
ZIP code
81401
City
Montrose
Street
Park Ave
Coordinates
38.48531, -107.87888

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,688
Gross rental yield
9.22%
Implied cap rate
5.99%
Trend-extrapolated value

Frequently asked questions

When did 518 Park Ave last sell?
518 Park Ave most recently sold on Jul 26, 2022 for $350,000.
What is the current tax assessment for 518 Park Ave?
The most recent total assessment for 518 Park Ave (year 2022) is $12,610 with $867 in property tax.
How does 518 Park Ave's assessment compare to its last sale price?
The current assessment is 96.4% below the last sale price of $350,000.
When was 518 Park Ave built?
518 Park Ave was built in 1909.
How does 518 Park Ave compare to others on Park Ave?
We track 8 other properties on Park Ave. Browse the list under "Other properties on Park Ave" to compare beds, baths, and sale history.
What are the property facts for 518 Park Ave?
518 Park Ave is a 3 bed, 1 bath, 1,280 sqft, 8,400 sqft lot single_family.
Is 518 Park Ave a flip candidate?
No — 518 Park Ave does not appear in our flips dataset.
Is 518 Park Ave a tax-appeal candidate?
No — 518 Park 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
+2.1%
Implied 1-yr
+8.4%
2026 Q3
$545.5K
2026 Q4
$555.6K
ZIP 81401 — Median Price History + Forecast

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