723 2ndOlathe, CO 81425

Property Details for 723 2nd

Year built

1980

Construction

WOOD

Lot size

0.32 AC

Property size (Sq ft)

6,000 SF

Property type

Residential income properties

Property subtype

Other apartment buildings

APN

3723-103-22-008

APU

372310322008

• CAP approach

  CAP return

  Valuation

  6%

  $1,367,289

  6.5%

  $1,262,113

  7%

  $1,171,962

• Comparable approach

  Method

  Valuation

  Method 1

  $1,892,602

  Method 2

  $768,366

• Alternative Use

  Use

  Valuation

  Residential

  $1,262,113

  Hospitality

  $1,156,089

  Educational

  $961,852

  Medical

  $994,932

  Retail

  $1,496,215

Location Insight

City

Olathe

County

Montrose

State

Colorado

Latitude

38.6085

Longitude

-107.977

CBSA code

33940

CBSA name

MONTROSE, CO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $39,690
• Assessed land value
  $3,830
• Assessed value
  $43,520
• Tax year
  2023
• Tax bill
  $3,006

FAQs

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