#820203, Vernon Hoffman, Listing Office: Regents Real Estate Group Inc.
$50,000 List price
1418 Balsam St Cortez, CO 81321
1.0 acres
Land
Property details
About 1418 Balsam St
Large 1.0 acre Residential Lot! Currently zoned R1 but could possibly changed to R2 as there is a series of duplex apartments to the south. Zoning change would need City of Cortez approval. Currently 2 Cortez Sanitation sewer lines run through the parcel, buyer would need to confirm potential building plans with the City of Cortez and the Cortez Sanitation District. The Sanitation District could confirm the sewer line locations. The seller believes the lot is split into approximately 3 even pieces. With a zoning change, could possibly build 3 duplexes. May be possible to subdivide into 3 lots. Any potential plans would need approval by the City of Cortez and the Sanitation District.
Highlights
Home typeResidential Land
StatusActive
Lot size1 Acres
MLS #823996
ViewMountain(s)
Summary
- View: Mountain(s)
- List Price: $50,000
- Annual Tax Amount: $506
- Tax Year: 2023
- Directions: From east Cortez - Turn north on Highway 145 for 1/2 mile - Turn west on Rampart St for 2 blocks - turn north on Balsam for 4 blocks - Sign on the right
- Lot Size: 1 Acres
- MLS Number: 823996
- Office Name: Summit Vista Realty, LLC
- Listing Agent: David Lamke
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Last updated on: 5/19/2025, 5:20:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$50,000
1418 Balsam St
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $9,483 | $506 |
| 2022 | $9,483 | $525 |
| 2021 | $9,483 | $519 |
| 2020 | $17,069 | $899 |
| 2019 | $17,069 | $902 |
| 2018 | $17,070 | $1,088 |
| 2017 | $17,070 | $1,082 |
History based on county public records data.
Nearby schools
4
Kemper Elementary School
Public District KG-5
1.3 mi
•620 E Montezuma Ave
5
Mesa Elementary School
Public District KG-5
2.6 mi
•703 W 7th St
4
Dolores Elementary School
Public District KG-6
8.5 mi
•12th and Hillside
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
All data from GreatSchools
Neighborhood
The neighbors living near this home have an average income of $65,000. Typical income of Cortez, CO residents is between $35k-100k annually. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
30%
<35k
43%
35k-100k
23%
100k-200k
4%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
33%
Single, No Kids
5%
Single, with Kids
46%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
7%
12-17 yrs old
13%
18-34 yrs old
43%
35-64 yrs old
24%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
PGA/LPGA
Soccer
Where do the neighbors shop?
Kmart
Stein Mart
Old Navy
Where do the neighbors go to eat?
Bob Evans
Jimmy Johns
Texas Roadhouse
What do the neighbors drive?
Buick
Lincoln
GMC
What do the neighbors listen to?
Oldies
News/Talk/Information
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1418 Balsam St
The listing price of 1418 Balsam St property is $50,000.
The property 1418 Balsam St is land located in Cortez, Colorado, 81321.
Active Listing: 1418 Balsam St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1418 Balsam St are: Kemper Elementary School (GreatSchools Rating 4/10), Mesa Elementary School (GreatSchools Rating 5/10), Dolores Elementary School (GreatSchools Rating 4/10), Montezuma-Cortez Middle School (GreatSchools Rating 5/10), Southwest Open Charter School (GreatSchools Rating 1/10), Montezuma-Cortez High School (GreatSchools Rating 4/10), Dolores High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $506 (source: MLS/based on county public records data).
The property 1418 Balsam St is 1 acres.
This home is located at 1418 Balsam St in Cortez, CO and zip code 81321. Features: 0 bathroom. It has been listed on Rocket Homes since May 13, 2025 and is currently priced at $50,000.
The number of homes for sale in Cortez, CO increased by 56.3% between March and April 2025. Listings spent 94 days on the market in April 2025, and had a median list price of $415,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.