506 E 1st Ave, Otis, CO 80743
Property image
Property image
SOLD
DEC 18, 2025

$309,800

Trulia Estimate
  • 4 Beds
  • 3 Baths
  • 2,350 sqft (on 0.86 acres)

506 E 1st Ave, Otis, CO 80743

Currently Off Market - Sold Dec 18, 2025 for $310,000

Home Value

Trulia Estimate
$310K
Since last month
Decreased$200 (-0.1%)
Since last year
Increased$3K (+1%)
Since last sale
Decreased$300 (-0.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +1% in the last 10 years
MonthEstimated value
2026
September 2026$310K
August 2026$310K
July 2026$310K
June 2026$312K
May 2026$310K
April 2026$309K
March 2026$309K
February 2026$308K
January 2026$309K
2025

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.24
Single-Family Home
$330,000
05/27/26
3
2
2,186
0.31
Single-Family Home
$150,000
07/24/26
4
3
1,972

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.07
$226,500
4
1
1,866
Off Market
0.12
$176,700
2
1
1,244
Off Market
0.13
$291,600
4
3
2,856
Off Market
0.17
$190,000
3
2
2,364
For Sale
0.18
$180,100
5
1
2,438
Off Market
0.21
$335,000
3
3
3,322
For Sale
0.22
$180,900
2
3
1,692
Off Market
0.21
$208,600
2
2
1,442
Off Market
0.22
$135,100
2
1
1,300
Off Market
0.25
$105,700
2
1
1,072
Off Market
0.24
$330,000
3
2
2,186
Recently Sold

Local Information

  • Map ViewExplore the area around 506 E 1st Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1919
0.86 acre lot
2,350 sqft
$132/sqft
Garage

About this House

This single-family home is located at 506 E 1st Ave, Otis, CO. 506 E 1st Ave is in Otis, CO and in ZIP code 80743. This property has 4 bedrooms, 3 bathrooms and approximately 2,350 sqft of floor space. The last sold price per dimension was $132/sqft. This property has a lot size of 0.86 acres and was built in 1919.
506 E 1st Ave, Otis, CO 80743 is a 4 bedroom, 3 bathroom, 2,350 sqft single-family home built in 1919. It last sold for the $310,000 asking price on Dec 18, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $309,800, with a rent estimate of $2,393/month.
Last check for updates: about 13 hours ago
Listed by Marty Major, (970) 425-6464
Major Rural Realty, LLC
Bought with: Marty Major, (970) 425-6464, Major Rural Realty, LLC
Source: IRES as distributed by MLS GRID, MLS#1048602

Home Details for 506 E 1st Ave

Interior Features

Interior Details
Basement: Partially FinishedNumber of Rooms: 2Types of Rooms: Primary Bedroom, Kitchen
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3
Dimensions and Layout
Living Area: 2350 Square Feet
Appliances & Utilities
Utilities: Natural Gas AvailableAppliances: Electric Range, Dishwasher, Refrigerator, Washer, Dryer, MicrowaveDishwasherDryerLaundry: Washer/Dryer HookupMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Fireplace: Free StandingHas a Fireplace
Windows, Doors, Floors & Walls
Window: Window Coverings
Levels, Entrance, & Accessibility
Levels: Tri-LevelAccessibility: Level Lot
View
No View

Exterior Features

Exterior Home Features
Roof: Composition
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3Other Parking: DetachedNo CarportHas a GarageNo Attached GarageParking Spaces: 3Parking: Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Does Not Include Irrigation Water Rights
Finished Area
Finished Area (above surface): 2038 Square Feet

Property Information

Year Built
Year Built: 1919
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: FrameNot a New ConstructionNot Attached Property
Property Information
Usage of Home: Single FamilyParcel Number: 98045001001

Price & Status

Price
List Price: $310,000Price Per Sqft: $132/sqft

Active Status

MLS Status: Sold

Location

Direction & Address
City: OtisCommunity: East Mercure Add
School Information
Elementary School: OtisJr High / Middle School: OtisHigh School: OtisHigh School District: Otis R-3

Building

Building Area
Building Area: 2038 Square Feet

HOA

No HOA

Lot Information

Lot Area: 0.86 acres

Listing Info

Special Conditions: Private Owner

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Miscellaneous

BasementMls Number: 1048602Attribution Contact: 970-425-6464Above Grade Unfinished Area: 2038Activation Date: Fri Oct 17 2025

Price and Tax history

DateEventPrice
Dec 18, 2025
Source: IRES as distributed by MLS GRID #1048602
Sold
$310,000
Jul 16, 2025
Source: IRES as distributed by MLS GRID #1031554
ListingRemoved
$315,000
Jun 23, 2025
Source: IRES as distributed by MLS GRID #1031554
PriceChange
$315,000
Price decreased by 5%
Apr 18, 2025
Source: IRES as distributed by MLS GRID #1031554
Listed For Sale
$330,000

Market trends in Otis

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
5

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-20 18:18:20 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

Frequently asked questions about 506 E 1st Ave

  • What is 506 E 1st Ave estimated to be worth?
    Trulia's estimated value for 506 E 1st Ave in Otis, CO is $309,800.
  • What is the price history for 506 E 1st Ave?
    506 E 1st Ave in Otis, CO last sold for $310,000 in December 2025.
  • Is Otis a buyer's or seller's market?
    Otis is currently a seller's market, based on recent for-sale activity.
  • What are the closest schools to 506 E 1st Ave?
    The closest schools to 506 E 1st Ave in Otis, CO are Otis Elementary School (Pre-K, rated 5/10), Otis Junior-Senior High School (Middle, rated 8/10).
  • Does 506 E 1st Ave have air conditioning?
    Yes, 506 E 1st Ave in Otis, CO has air conditioning.
  • Does 506 E 1st Ave have laundry facilities?
    Yes, 506 E 1st Ave in Otis, CO has in-unit laundry.

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