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131 Faraday Street, Monte Vista, CO, 81144

4beds
3baths
1,740sqft
$324,900
$187price/sqft
$2,083/moest. monthly cost
$83,320/yrincome needed

About This Home

When you step inside this beautifully updated home, you immediately feel at ease. This home has had a complete glow up that was finished in 2025! The old plaster was removed, replaced the outdated electrical & plumbing, installed new windows and made some huge improvements throughout the home. Let’s start in the kitchen, it’s spacious with beautiful custom made cabinetry, quartz and butcher block countertops that complement each other perfectly. The quartz island has a large, farmhouse sink and countertop seating for 4. Perfect for gathering for a visit with your favorite people, and even still be involved while cleaning up the dishes! There’s also a walk-in pantry directly off the kitchen, no shortage of storage in the kitchen! The laundry room has a front load washer & dryer set, along with cabinetry for ample storage space. They have added a new main floor bedroom, complete with a new closet with custom built storage solutions inside. Work from home? Need a crafting space? Just a place to manage household chaos? There’s an office on the main floor too. Up on the second floor there’s a brand new bathroom that was added during the renovation that connects to the primary bedroom. That means this old home has a modern twist with your own primary suite! It has a vanity with a shower and access to extra closet space too. The second floor also has an additional 2 bedrooms and a full bathroom. Outside there is a large fence yard with an established lawn and a 1 car garage that is accessed off of the alley. The exterior of the home has brand new siding and exterior lighting. This home is ready for new memories and truly move-in ready. Schedule a showing today and see this updated gem yourself!

Getting Around

40
WalkingCar-Dependent
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

--
Marsh Elementary SchoolGrades PK-10.2 mi
4/10
3/10

Construction

Condition

  • Year built: 1906

Materials

  • Foundation: Concrete Perimeter
  • Roof: Architectural Shingles
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: A Frame
  • Property subType: Stick Built

Interior

Appliances

  • Appliances included: Dishwasher,Range,Refrigerator

Bedrooms & Bathrooms

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

Dining Room

  • Features: Kitchen Island

Features

  • Walk-In Closet(s)
  • Flooring: Vinyl

Interior Area

  • Total structure area: 1,740
  • Total interior livable area: 1,740 sqft

Master Bedroom

  • Level: Upper

Property

Details

  • Parcel number: 3531402009
  • Zoning description: Residential Single Family

Features

  • Levels: One and One Half
  • Stories: 1
  • Patio & porch: Patio

Lot

  • Lot size: 7,405 sqft

Parking

  • Total spaces: 1
  • Parking features: Detached Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Earthquake
    EarthquakeModerate

How This Home’s Risks Compare

Lightning
Cold Wave
Inland Flooding
Winter Weather
Drought
Earthquake

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 $1,642$19,704
Home Insurance *$136$1,632
Property Taxes $119$1,428
Electricity $186$2,232
Total$2,083$24,996
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$71,417/yr
40% on housing$62,490/yr
45% on housing$55,546/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: 14.9%
14.9%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
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 81144$109
Rio Grande County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 81144
Rio Grande County$286

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
2026-03-02Price change$339,600
2025-10-08Price change$349,000
2025-07-10Listed for sale$399,000
2021-08-23Sold$150,000
2021-07-09Listed for sale$175,000
2014-04-13Listing removed$112,000
2013-04-06Price change$112,000
2012-11-19Listed for sale$110,000

For Sale by Agent

AgentLinette Nye Schmidt
BrokerageeXp Realty, LLC

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