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1204 Montelores Avenue, Cortez, CO, 81321

2beds
1baths
775sqft
$145,000
$187price/sqft
$994/moest. monthly cost
$39,760/yrincome needed

About This Home

Investment Opportunity | 2BD/1BA | Cortez, CO Priced to move and sold as-is, this 2-bedroom, 1-bathroom home in Cortez is ready for the right buyer to bring it back to life. Whether you're an investor looking to add to your portfolio or a buyer ready to build equity with some sweat, the bones are here and the location delivers. Situated close to Southwest Memorial Hospital, Parque De Via, and the Cortez Recreation Center, this property sits in a convenient, established part of town with everyday amenities within easy reach. Sold as-is. Priced accordingly. Opportunity is knocking.

Getting Around

15
WalkingCar-Dependent
0
TransitVery Limited Transit
46
BikeSomewhat Bikeable

Schools

5/10
Kemper Elementary SchoolGrades K-50.8 mi
6/10
Cortez Middle SchoolGrades 6-81.6 mi
3/10

Construction

Condition

  • Year built: 1957

Materials

  • Roof: Metal
  • Construction materials: Wood Frame

Type & Style

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

Interior

Bedrooms & Bathrooms

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

Dining Room

  • Features: Eat-in Kitchen

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Evaporative Cooling

Interior Area

  • Total structure area: 775
  • Total interior livable area: 775 sqft

Property

Details

  • Parcel number: 561124313008
  • Zoning description: Residential Single Family

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 7,013 sqft
  • Features: Boundaries Marked

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
    LightningVery High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Lightning
Winter Weather
Cold Wave
Wildfire

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 $733$8,796
Home Insurance *$40$480
Property Taxes $35$420
Electricity $186$2,232
Total$994$11,928
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$34,080/yr
40% on housing$29,820/yr
45% on housing$26,506/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: 12.1%
12.1%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$187This listing

vs Other Active Listings

Avg $/sqft

ZIP 81321$239
Montezuma County$310

vs Homes Sold Last Month

Median $/sqft

ZIP 81321
Montezuma County$236

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
2026-07-01Price change$145,000
2026-06-12Listed for sale$155,000
2024-03-13Listing removed--
2024-03-08Price change$125,000
2024-03-04Listed for sale$160,000
2024-02-21Listing removed--
2024-01-02Listed for sale$160,000
2019-04-20Listing removed$102,500
2019-01-15Listed for sale$102,500
2018-06-19Listing removed$95,000
2018-02-11Price change$95,000
2018-01-13Price change$99,000
2017-07-18Listed for sale$101,000
2012-12-21Sold$53,400
2012-11-22Listing removed$590
2012-11-06Price change$590
2012-11-05Listed for rent$550
2012-10-21Listed for sale$55,000
2012-08-17Listing removed$52,500
2012-07-24Price change$52,500
2012-05-03Price change$58,000
2012-03-16Listed for sale$62,500

For Sale by Agent

AgentDerek Beckman
BrokerageUnited Country Blue Sky Homes and Land

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