506 E 1st Ave Otis, CO 80743
Property details
About 506 E 1st Ave
This charming rural property exudes modern elegance and comfort. The home has been transformed and boasts a completely updated interior with fresh, contemporary paint, finishes and 9-foot ceilings. Gleaming new hardwood flooring flows seamlessly throughout, complemented by stylish new baseboards, trim, and door casings. Trendy barn door decor accentuates the open-concept living spaces, adding a rustic flair. The heart of the home shines with a fully modern kitchen and renovated bathrooms featuring sleek fixtures and stylish design. Year-round, a state-of-the-art dual fuel furnace, tankless water heater, and new PEX lines ensure energy-efficient comfort. The exterior is equally impressive, with new roofing, siding, windows, and gutters enhancing durability and curb appeal. Outside, the property delights with thoughtfully updated landscaping, creating a picturesque setting. A large backyard includes new sod, a cozy firepit, a dedicated dog run, garden beds and a large storage shed. The property offers a blend of modern upgrades and rural charm, making it a true gem.
Highlights
Summary
- Partial Bathrooms: 2
- Full Bathrooms: 1
- Appliances: Gas Range, Dishwasher, Refrigerator, Washer, Dryer, Microwave
- Basement: Yes
- Interior: Satellite Avail
- Fireplace: Family/Recreation Room Fireplace
- Total Bedroom Count: 5
- Garage Space: 3 spaces
- Attached Garage: No
- Parking: Alley Access, Oversized
- Architectural Style: Contemporary/Modern
- Heating: Forced Air, Heat Pump
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $315,000
- Price/SqFt: $118
- Annual Tax Amount: $932
- Tax Year: 2023
- Lot: Level
- Year Built: 1919
- Stories: 3
- Living Area: 2,665 SqFt
- Lot Size: 0.86 Acres
- MLS Number: 1031554
- MLS Name: IRES MLS
- Office Name: Major Rural Realty, LLC
- Office Phone: (970) 425-6464
- Listing Agent: Marty Major
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. Copyright © 2025 IRES. Information deemed reliable but not guaranteed by the MLS.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.
Broker Reciprocity is the current compilation of active listings of all Broker Reciprocity subscribers except those listings where the seller or the seller’s agency has opted out of Internet publication by so indicating on the listing contract or by written notice to the Multiple Listing Service. Real estate listings held by other brokerage firms are included in this site and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/26/2025, 5:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$315,000
506 E 1st Ave
$3,741
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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 | $79,992 | $932 |
| 2022 | $6,952 | $692 |
| 2021 | $7,152 | $698 |
| 2020 | $7,445 | $728 |
| 2019 | $7,498 | $721 |
| 2018 | $6,110 | $612 |
| 2017 | $6,110 | $613 |
History based on county public records data.
Nearby schools
4
Kenneth P. Morris Elementary School
Public District KG-4
12.2 mi
•416 S Elm St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,580. Most Otis, CO residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Figure Skating
Hunting
NASCAR
Where do the neighbors shop?
Dollar General
Academy Sports & Outdoors
Wal-Mart
Where do the neighbors go to eat?
Applebees
Jimmy Johns
Hardee's
What do the neighbors drive?
Cadillac
Chevrolet
Ram
What do the neighbors listen to?
Classic Country
New Country
Oldies
Frequently asked questions
About 506 E 1st Ave
The listing price of 506 E 1st Ave property is $315,000.
The property 506 E 1st Ave is a house located in Otis, Colorado, 80743.
Active Listing: 506 E 1st Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 506 E 1st Ave are: Kenneth P. Morris Elementary School (GreatSchools Rating 4/10), Yuma Middle School (GreatSchools Rating 4/10), Yuma High School (GreatSchools Rating 4/10), Akron High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $932 (source: MLS/based on county public records data).
The property at 506 E 1st Ave has 5 bedrooms and 1 full and 2 half bathrooms.
The property 506 E 1st Ave is 2,665 SqFt (source: MLS/tax record).
The year of construction for 506 E 1st Ave is 1919.
This home is located at 506 E 1st Ave in Otis, CO and zip code 80743. This 2,665 square foot home, which was built in 1919, sits on a 0.86 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 18, 2025 and is currently priced at $315,000.