NOT LISTED FOR SALE

0 Cherry Gulch Rd Unit 744499 Durango, CO 81301

Estimated Value: $1,014,000 - $1,194,000

4 Beds
3 Baths
2,505 Sq Ft
$431/Sq Ft Est. Value

Last Sold July 23, 2018

Last sale price $555,000 $222 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $5,910/month

Highlights

  • Horses Allowed On Property
  • 22.12 Acre Lot
  • Radiant Floor
  • Park Elementary School Rated A-
  • Wooded Lot
  • Main Floor Primary Bedroom

About This Home

As of July 2018

This property boasts over 22 acres and amazing views of the La Plata Mountains to the West from the back patio, dinning table, living room and even the master and master bathroom. The location offers a get-a-way from downtown, yet only minutes from Main Street and its amenities. This home is good size with 4 bedrooms and 2.75 bath with most of the living space on the first level and a loft above the garage with a 3/4 bath - great for guests and children alike. Two additional structures on the property; one under ground storage and one above ground covered storage is great for boats, cars and more. With recently update landscaping and a entrance water feature, this property has a great outdoor living space. Come see this great property today! See associated documents for previous inspection, radon report, and more helpful due diligence documents.

Last Agent to Sell the Property

Zane Wells

The Wells Group of Durango, LLC Listed on: 05/01/2018

Co-Listed By

Kayden Hyson

Coldwell Banker Mountain Properties

Last Buyer's Agent

Patrick Jones

Coldwell Banker Distinctive Properties

Coldwell Banker Distinctive Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,320

Year Built

  • Built in 2000

Lot Details

  • 22.12 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Southwestern Architecture
  • Asphalt Roof
  • Cedar Siding
  • Stick Built Home

Interior Spaces

  • 2,505 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Combination Kitchen and Dining Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Compactor

Flooring

  • Carpet
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Schools

  • Park K-5 Elementary School
  • Escalante 6-8 Middle School
  • Durango 9-12 High School

Utilities

  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Cistern
  • Well
  • Propane Water Heater
  • Engineered Septic
  • Septic Tank
  • Internet Available

Additional Features

  • Shed
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 566121201006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,320

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Appliance Inclusions: Compactor, Refrigerator, Dishwasher, Microwave, Range/Oven
  • Estimated Total Acres: 22.12
  • Class: RESIDENTIAL
  • Em Deposit: 7,500
  • Em Holder: Land Title
  • Legal Lot Block: SECTION: 21 TOWNSHIP: 35 RANGE: 10 MALBERG BOUNDARY ADJUSTMENT DGO WEST PORT LOT 8 900 CHERRY GULCH RD DURANGO 81301
  • List Price per Sq Ft: 239.48
  • Livestock Allowed: Horses
  • Lot Size Acreage: 20-35
  • Parcel Id Number: 566121201006
  • Price Per Sq Ft: 221.56
  • Property Description: Wooded Lot
  • Real Estate Included: Yes
  • Realist Id: 5661-212-01-006
  • Residence Stories: One Story, Two Story
  • Residence Style: Southwest
  • Sale/Rent: For Sale
  • Siding: Cedar
  • Sold Price Sq Ft: 221.56
  • Street Descriptionaccess: Dirt, Private Winter Maintenanc
  • Tax Account Id: R420792
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Service: Yes
  • Lvt Date: 05/01/2018
  • Total Taxes Dollar: 1,320
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Kitchen/Dining
  • Bedrooms: 4
  • Flooring: Tile, Carpet-Partial
  • Estimated Total Sq Ft: 2505
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 3
  • Fireplace Location Type: Gas Logs
  • Foundation: Crawl Space
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Windows: Vinyl
  • Construction Type: Wood Frame
  • Exterior Structures: Shed
  • Roof: Asphalt

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Electric, Propane-Tank Leased
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Basin Co-Op
  • Heating System: Floor Radiant
  • Sewer Supplier: Septic
  • Water Heater: Propane Water Heater
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 160148

Schools

  • Elementary School: Park K-5
  • Middle School: Escalante 6-8
  • High School: Durango 9-12
  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2017

MLS Schools

  • Elementary School: Park K-5
  • Middle School: Escalante 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2020
Sold by
Powell Melissa Lee
Bought by
Powell Melissa Lee and Powell Ashley
Current Estimated Value
$1,079,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Outstanding Balance
$219,693
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$859,745

Purchase Details

Listed on
May 1, 2018
Closed on
Jul 23, 2018
Sold by
Olson Sandra Lee and Sandra Lee Olson Revocable Tru
Bought by
Powell Melissa Lee
Seller's Agent
Zane Wells
The Wells Group of Durango, LLC
Buyer's Agent
Patrick Jones
Coldwell Banker Distinctive Properties
List Price
$599,900
Sold Price
$555,000
Premium/Discount to List
-$44,900
-7.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Original Mortgage
$255,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 27, 2015
Sold by
Olson Sandra L
Bought by
Sandra Lee Olson Revocable Trust

Purchase Details

Closed on
Jul 1, 2003
Bought by
Olson Sandra Lee Revocable Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Powell Melissa Lee -- Colorado Ttl & Closing Svcs
Powell Melissa Lee $555,000 Land Title Guarantee Co
Sandra Lee Olson Revocable Trust -- None Available
Olson Sandra Lee Revocable Trust $429,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Melissa Lee $247,000
Closed Powell Melissa Lee $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2018 07/23/18 Sold $555,000 -7.5% $222 / Sq Ft
05/12/2018 05/12/18 Pending -- -- --
05/01/2018 05/01/18 For Sale $599,900 -- $239 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,174 $50,280 $10,940 $39,340
2024 $1,862 $44,340 $8,770 $35,570
2023 $1,862 $47,470 $9,390 $38,080
2022 $1,619 $38,140 $9,300 $28,840
2021 $1,628 $39,240 $9,570 $29,670
2020 $1,434 $35,640 $8,880 $26,760
2019 $1,397 $36,220 $8,880 $27,340
2018 $1,348 $34,990 $10,140 $24,850
2017 $1,320 $34,990 $10,140 $24,850
2016 $1,254 $36,030 $10,870 $25,160
2015 $1,180 $36,030 $10,870 $25,160
2014 -- $33,750 $10,870 $22,880
2013 -- $33,750 $10,870 $22,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 744499

Colorado Real Estate Network (CREN)

APN: R420792