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801 S 7Th Street, Montrose, CO, 81401

2beds
1baths
1,024sqft
$310,000
$303price/sqft
$1,926/moest. monthly cost
$77,040/yrincome needed

About This Home

Downtown Montrose opportunity in the desirable REDO District! Situated on a corner lot, this property offers flexibility and future potential with room to add an additional dwelling. Just minutes from the hospital, shops, dining, and downtown amenities, the location is ideal for both convenience and long-term value. Whether you’re a first-time buyer looking to get into homeownership or an investor seeking a property with expansion and income potential, this home checks the boxes. A rare chance to own in a high-demand area with upside for growth.

Getting Around

62
WalkingSomewhat Walkable
0
TransitVery Limited Transit
54
BikeBikeable

Schools

4/10
Pomona Elementary SchoolGrades K-50.4 mi
6/10
Centennial Middle SchoolGrades 6-80.2 mi
6/10
Montrose High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1979

Materials

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

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Stick Built

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Range,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Features: Eat-in Kitchen,Kitchen/Dining,Separate Dining

Features

  • Flooring: Carpet-Partial
  • Fireplace features: Pellet Stove
  • Fireplace: Yes

Interior Area

  • Total structure area: 1,024
  • Total interior livable area: 1,024 sqft

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 376727408010
  • Zoning description: Residential Single Family

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered Porch
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 6,098 sqft
  • Features: Corner Lot

Parking

  • Total spaces: 2
  • Parking features: Carport
  • Covered spaces: 2
  • Carport: Yes
  • Carport 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
    LightningRelatively 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 $1,567$18,804
Home Insurance *$80$960
Property Taxes $93$1,116
Electricity $186$2,232
Total$1,926$23,112
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$66,034/yr
40% on housing$57,780/yr
45% on housing$51,360/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

$303This 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
2026-06-10Listed for sale$310,000
2026-05-20Contingent$310,000
2026-05-13Listed for sale$310,000
2026-04-16Listing removed$310,000
2026-01-15Listed for sale$310,000
2004-02-27Sold$112,000

For Sale by Agent

AgentSara Woodward
BrokerageNorris-Phillips Real Estate, LLC

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