Montezuma County property record for 505 E Main St, Cortez, CO 81321
| Property Type | Motel |
|---|---|
| Details | 20,493 sqft · built 1985 |
| Lot Size | 0.98 acres (42,689 sqft) |
| Owner | Company Name on Record |
| Last Sale | $2,650,000 (Jul 2023) |
| Tax Bill | $42,237 (2025) |
| Deeds & Mortgages | Jul 2023 Sale & Line of Credit May 2018 Mortgage |
| Flood Zone | Zone X (minimal risk) |
| APN | R009975 |
| Primary APN | R009975 |
|---|---|
| Alternative APN |
|
| Stories | 1 Story |
|---|---|
| Building Area | 20,493 sqft Total Area |
| Year Built | Built 1985 |
|---|---|
| Effective Year Built | Effective 1985 |
| Roof Type | Gable |
| Lot Area | 42,689 sqft (0.98 acres) |
| Total Buildings | 2 Buildings |
| Heating System | Radiant |
|---|---|
| Sewer | Municipal |
| Account Number | R009975 |
|---|---|
| Street Address | 505 E MAIN ST |
| City | CORTEZ |
| State | CO |
| Zip | 81321-3319 |
| Property Category | Commercial |
| Property Type | Commercial > Retail > Motel |
| Local Zoning Code | C |
| Legal Description | SUBDIVISION: FR COFFINS ADD LOT: 8-19 BLOCK: 9 B507 P169 B516 P953 B577 P651 B674 P830 B718 P287 |
| Legal Range | 16W |
| Legal Township | 36N |
| Legal Section | 25 |
| Legal Subdivision | FR COFFINS ADD |
| Legal Block | 9 |
| Legal Lot Number | 8-19 |
| Jurisdiction | MONTEZUMA CO |
| Township / Civil Division | CORTEZ |
| Census Block Group | 1 |
| Census Block | 1010 |
| Census Tract | 969400 |
Source: Montezuma County records, as of May 13, 2026
Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.
| Owner of Record | Company Name on Record |
|---|---|
| Mailing Address | 150 S 200 E, 5202, SALT LAKE CITY, UT 84111-2880 |
| Owner Type | Company |
| Vesting | Company |
| Date | Document |
|---|---|
| Jul 5, 2023 | Special Warranty Deed, Transfer · Line of Credit STATE BANK OF SOUTHERN UTAH |
| May 3, 2018 | Deed of Trust, Mortgage · Commercial Mortgage HERMESMAN FAMILY PARTNERSHIP LLLP |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Jul 5, 2023 · Amount on Record |
| Deed Sale | Jul 5, 2023 · Amount on Record |
| Prior Sale | Nov 17, 2016 · Amount on Record |
| Deed Document Number | 2023651512 |
| Record Updated | Jun 8, 2026 |
| Document Type | Special Warranty Deed |
|---|---|
| Jurisdiction | MONTEZUMA CO |
| Recording Date | Jul 5, 2023 |
| Property Address | 505 E MAIN ST, CORTEZ, CO 81321-3319 |
| Document Number | 0000651512 |
| Map Reference | MB 1 PG 9 |
| Instrument Date | Jun 30, 2023 |
| Instrument | 651512 |
| Transaction Type | Transfer |
| Record Updated | Jul 25, 2023 |
| Title Company | COLORADO TITLE AND CLOSING SERVICES, COLORADO TTL & CLOSING SVCS |
| Amount | Amount Recorded |
|---|---|
| Downpayment | Downpayment on Record |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $265.00 |
| Amount Accuracy | Rounded by County |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 505 E MAIN ST, CORTEZ, CO 81321-3319 |
| Document Number | 0000651516 |
|---|---|
| Date | Jul 5, 2023 |
| Instrument | 651516 |
| Name | STATE BANK OF SOUTHERN UTAH |
|---|---|
| Type | Bank |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Rate Type | Adjustable Rate |
|---|
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | MONTEZUMA CO |
| Property Address | 505 E MAIN ST, CORTEZ, CO 81321-3319 |
| Transaction Type | Mortgage |
| Record Updated | May 23, 2023 |
| Title Company | LAND TITLE GUARANTY COMPANY IN, LAND TITLE GUARANTEE CO |
| Name | Verified Name |
|---|---|
| Investor | Possibly a Property Investor |
| Document Number | 0000616925 |
|---|---|
| Date | May 3, 2018 |
| Instrument | 616925 |
| Name | HERMESMAN FAMILY PARTNERSHIP LLLP |
|---|---|
| Type | Non-Lending Institution |
| Address | DURANGO, CO 81301 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 24 Months |
| Due | May 1, 2020 |
Source: Montezuma County assessment roll, as of March 24, 2026
| Type | Name |
|---|---|
| State | Colorado |
| County | Montezuma County |
| Municipality | Cortez City |
| Unified School District | Montezuma-Cortez School District RE-1 (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $42,237.00 (+120.56%) | $751,310 (+130.37%) Land $308,850 Building $442,460 | $2,590,724 (+130.37%) Land $1,065,000 Building $1,525,724 |
| 2024 | $19,150.00 (+9.84%) | $326,135 (-2.6%) Land $77,830 Building $248,305 | $1,124,603 (-2.6%) Land $268,380 Building $856,223 |
| 2023 | $17,435.00 (+16.48%) | $334,835 (+23.89%) Land $77,830 Building $257,005 | $1,154,603 (+23.89%) Land $268,380 Building $886,223 |
| 2022 | $14,968.00 | $270,264 Land $48,181 Building $222,083 | $931,944 Land $166,140 Building $765,804 |
Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.
Source: FEMA National Flood Hazard Layer, effective September 26, 2008
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
Values are read at the parcel center point; lenders make the official flood determination.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 80% of the US · lower than 91% of Colorado |
|---|---|
| Wildfire Likelihood | 0.01% annual chance |
| Exposure | None beyond ember reach |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | CITY OF CORTEZ serves 8,770 people · EPA ID CO0142200 |
|---|---|
| Water Source | Surface water |
| Last State Inspection | Jun 2025 |
| Lead | 2 ppb (2023–2025) action level 15 ppb |
| Water Quality | Turbidity resolved · Jan 2020 |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | None last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.
Source: FCC Broadband Data Collection, based on 401 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Clearnetworx Fiber | 1,000 / 1,000 |
| TDS Telecom Cable | 1,000 / 20 |
| Choice Broadband Fixed Wireless | 400 / 80 |
| Nimbus Solutions Fixed Wireless | 100 / 100 |
| Visionary Broadband Fixed Wireless | 100 / 20 |
May also be available: Farmers Telecommunications, FastTrack Communications, T-Mobile.
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