NOT LISTED FOR SALE

0 Cr 331 Ignacio, CO 81137

Estimated Value: $606,869 - $907,000

4 Beds
3 Baths
2,784 Sq Ft
$271/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $430,000 $154 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,299/month

41 Days on Market

Highlights

  • Horses Allowed On Property
  • Mountain View
  • Wooded Lot
  • 39.5 Acre Lot
  • Deck
  • Vaulted Ceiling

About This Home

As of October 2014

This 39.5 acres is near Navajo Lake and has approx. 27.5 irrigated acres has long views with Navajo Lake in the distance. This horse and livestock property has good privacy and FREE natural gas! This spacious 4 bedroom 3 bath has approx. 2,784 sq ft home has room for every activity with a large kitchen, two separate dining rooms, a great room with a fireplace, a separate sun room facing the views and a family room on the walk-out level. Property is treed and has a pond and includes a 30' X 40' Cleary metal shed and four other out buildings including a dog run and detached green house.

Last Listed By

Victor Schultheiss

The Wells Group of Durango, Inc. Listed on: 07/16/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,437

Year Built | Renovated

  • 1973 | 2009

Lot Details

  • 39.5 Acre Lot
  • Property is Fully Fenced
  • Barbed Wire
  • Landscaped
  • Irrigation
  • Wooded Lot

Parking

  • 6 Car Detached Garage

Property Views

  • Mountain
  • Valley

Home Design

  • Raised Ranch Architecture
  • Concrete Foundation
  • Metal Roof

Interior Spaces

  • 2,784 Sq Ft Home
  • 2-Story Property
  • Tongue and Groove Ceiling
  • Vaulted Ceiling
  • Window Treatments
  • Family Room
  • Formal Dining Room
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Oven or Range
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Natural Gas
  • Irrigation Water Rights
  • Well
  • Septic Tank
  • Septic System

Additional Features

  • 28 Irrigated Acres
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 616303200204

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,437

Year Built | Renovated

1973 | 2009

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Range Top, Refrigerator, Dishwasher, Washer, Dryer, Microwave
  • Estimated Irrigation Acres: 27.5
  • Estimated Total Acres: 39.5
  • Class: RESIDENTIAL
  • Em Deposit: 5,000.00
  • Em Holder: The Wells Group
  • Exterior Inclusions: Shed/Storage, Landscaping, Irrigation Water, Deck
  • Horse Setup: Yes
  • Interior Inclusions: Window Coverings, W/D Hookup, Vaulted Ceiling, T&G Ceilings
  • Legal Lot Block: 6163-032-00-204, 5957-343-00-043
  • List Price per Sq Ft: 156.25
  • Lot Dimension: 39.5
  • Lot Size Acreage: 20-35
  • Parcel Id Number: 616303200204
  • Property Description: Wooded Lot
  • Real Estate Included: Yes
  • Realist Id: 6163-032-00-204
  • Residence Stories: Two Story
  • Residence Style: Raised Ranch
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 154.45
  • Street Descriptionaccess: County, Gravel
  • Tax Account Id: R422328
  • Zoning: Residential Single Family
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1973
  • Year Renovated: 2009

Interior Features

  • Dining Room: Separate Dining
  • Dining Room: Yes
  • Bedrooms: 4
  • Flooring: Carpet-Partial, Tile, Vinyl
  • Estimated Total Sq Ft: 2784
  • Family Room: Yes
  • Foundation: Basement-walk out, Basement-finished, Concrete
  • Master Bedroom Level: Upper Level

Exterior Features

  • Fence: Barbed Wire, Full Property
  • Construction Type: Wood
  • Roof: Metal
  • Views: Mountains, Valley

Garage/Parking

  • Garage Type: Detached Garage
  • Garage: Yes
  • Garage Capacity: 6

Utilities

  • Electric Supplier: La Plata Electric Association
  • Heating System: Hot Water Baseboard
  • Irrigation Water Description Amount: 27.5
  • Irrigation Water District: The Pine River Canal Comp
  • Sewer Supplier: Septic
  • Water Rights Irrigation: Yes
  • Water Supplier: Well

Schools

  • Elementary School: Ignacio K-6
  • Middle School: Ignacio 7-8
  • High School: Ignacio 9-12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2014
Closed on
Oct 30, 2014
Sold by
Foster Thomas L and Foster Deborah S
Bought by
Hitti Michael J and Hitti Kristy L
Seller's Agent
Victor Schultheiss
The Wells Group of Durango, Inc.
Buyer's Agent
Victor Schultheiss
The Wells Group of Durango, Inc.
List Price
$435,000
Sold Price
$430,000
Premium/Discount to List
-$5,000
-1.15%
Total Days on Market
41
Current Estimated Value
$753,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,717
Avg. Annual Appreciation
5.78%
Original Mortgage
$228,000
Outstanding Balance
$180,169
Interest Rate
4.25%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$596,562

Purchase Details

Closed on
Aug 17, 2009
Sold by
Exum Sherry M and Mortellaro Vincent P
Bought by
Foster Thomas L and Foster Deborah S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,110
Interest Rate
5.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2000
Bought by
Hitti Michael J and Hitti Kristy L

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
Hitti Michael J $430,000 Colorado Land Title Co Llc
Hitti Michael J $229,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hitti Michael J $228,000
Previous Owner Mortellaro Vincent P $49,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2014 10/31/14 Sold $430,000 -1.1% $154 / Sq Ft
08/26/2014 08/26/14 Pending -- -- --
07/16/2014 07/16/14 For Sale $435,000 -- $156 / 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
2024 $1,437 $33,820 $3,060 $30,760
2023 $1,437 $37,510 $3,060 $34,450
2022 $1,658 $38,370 $3,060 $35,310
2021 $1,620 $36,300 $3,750 $32,550
2020 $1,696 $38,000 $3,660 $34,340
2019 $1,411 $38,000 $3,660 $34,340
2018 $1,358 $36,820 $4,080 $32,740
2017 $1,117 $29,760 $2,030 $27,730
2016 $984 $28,370 $1,020 $27,350
2015 $850 $28,370 $1,020 $27,350
2014 $850 $27,780 $1,160 $26,620
2013 -- $27,780 $1,160 $26,620
Source: Public Records

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Source: Colorado Real Estate Network (CREN)

MLS Number: 696459

Colorado Real Estate Network (CREN)

APN: R422328