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1035 Margo Court #C, Montrose, CO, 81401

2beds
2baths
1,738sqft
$424,000
$244price/sqft
$2,566/moest. monthly cost
$102,640/yrincome needed

About This Home

Elevated Townhome Living with Golf Course Views Discover this beautifully updated 2-bedroom, 2-bathroom townhouse offering an inviting open-concept design and effortless, low-maintenance living. The thoughtfully renovated kitchen features updated countertops, modern cabinetry, and a seamless flow into the main living space—perfect for entertaining or everyday comfort. A versatile loft provides the ideal space for a home office, reading nook, or flex room, all enhanced by elevated views. Step into the sunroom to unwind and take in serene vistas as the home backs directly to the Black Canyon Golf Course, showcasing views of the 11th green and fairway. Recent updates add peace of mind and style, including newer flooring, refreshed bathrooms, new windows, updated interior and exterior paint, a newer roof, and a new water heater. Whether you're seeking a full-time residence, a second home, or a lock-and-leave lifestyle, this property delivers comfort, convenience, and scenic surroundings.

Getting Around

11
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

3/10
Johnson Elementary SchoolGrades PK-51.3 mi
6/10
Centennial Middle SchoolGrades 6-80.8 mi
6/10
Montrose High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1990

Materials

  • Roof: Composition
  • Construction materials: Brick,Wood Frame,Masonite

Type & Style

  • Home type: Townhouse
  • Architectural style: Other
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Washer
  • Laundry features: W/D Hookup

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Cooling

  • Cooling features: Central Air,Ceiling Fan(s)

Dining Room

  • Features: Kitchen Bar,Living Room Dining

Features

  • Ceiling Fan(s),Granite Counters,Walk-In Closet(s),Sun Room
  • Window features: Window Coverings,Double Pane Windows
  • Flooring: Carpet-Partial,Laminate,Tile
  • Finished area above ground: 1,738

Interior Area

  • Total structure area: 1,738
  • Total interior livable area: 1,738 sqft

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 376726326016

Features

  • Levels: One and One Half
  • Stories: 1
  • Exterior features: Landscaping
  • Has view: Yes
  • View description: Other

Lot

  • Lot size: 2,526 sqft
  • Features: Borders Golf Course,Near Golf Course

Parking

  • Total spaces: 2
  • Parking features: Attached Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Earthquake
Inland Flooding
Winter Weather

FEMA Declared Disasters Across Colorado Counties

Fire
Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,143$25,716
Home Insurance *$110$1,320
Property Taxes $127$1,524
Electricity $186$2,232
Total$2,566$30,792
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$87,977/yr
40% on housing$76,980/yr
45% on housing$68,426/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.7%
13.7%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 5.0%
5.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$244This listing

vs Other Active Listings

Avg $/sqft

ZIP 81401$208
Montrose County$398

vs Homes Sold Last Month

Median $/sqft

ZIP 81401$265
Montrose County$258

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-25Listed for sale$425,000
2023-06-07Sold$400,000
2023-05-17Contingent$414,000
2023-05-12Listed for sale$414,000
2023-04-17Contingent$414,000
2023-04-04Price change$414,000
2023-03-06Listed for sale$419,000
2015-01-07Sold$160,000
2014-12-07Listed for sale$163,500

For Sale by Agent

AgentMichelle Klippert
BrokerageCENTURY 21 Elevated Real Estate

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