NOT LISTED FOR SALE

0 Electra Lake Rd Durango, CO 81301

Estimated Value: $1,224,000 - $1,467,000

4 Beds
3 Baths
2,418 Sq Ft
$538/Sq Ft Est. Value

Last Sold January 13, 2016

Last sale price $637,500 $264 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $7,039/month

Highlights

  • Horses Allowed On Property
  • Spa
  • RV or Boat Parking
  • Durango High School Rated A-
  • Home fronts a pond
  • Lake View

About This Home

As of January 2016

One of a kind property! The Historic "Rapp House" log cabin built in 1948 has been recently renovated to offer modern luxury, convenience and amenities while retaining its classic mountain and historic charm. This home has 5 possible bedrooms, 3 updated bathrooms, forced air heat and air conditioning. Relax in the comfortable living room with an impressive rock fireplace and T&G ceilings. The completely renovated kitchen features stainless appliances and modern updates such as a stainless steal work counter, yet retains character with the original "Great Majestic" 6 burner wood stove. Cook a mountain feast in luxury! Fabulous cliff views and wrap around deck add to the ambiance. The cabin sits on over 3 prime Animas Valley acres (wood cross fenced) and offers plenty of room to explore. Enjoy the 3 tranquil spring fed ponds as well as a hot tub, and fire pit. There is a detached garage with workshop, and a separate storage/stall area with history built into it as well (bits of the old Durango fairgrounds). A Huge plus for this properties location, besides the PRIME location, is the very easy year round access. No long dirt road or steep drive to contend with. The historic cabin is only 5 miles from Purgatory (Durango Mountain Resort) and 19 miles from historic downtown Durango. The cabin sits at the entrance to Electra Lake, perhaps one of the most extraordinary lakes in all of the mountain west. You can enjoy boating, fishing, paddle boarding, hiking, or dining on the lake in a historic sporting club built in 1928. Once you get to the lake, the views over the lake and mountains are breathtaking! Haviland Lake is also a short 5 minute drive. The area surrounding the home is called Lakewood Meadows, and it’s appropriately named for it’s beautiful wildflower meadows, incredible mountain and Hermosa Cliffs views. The Rapp House would make an exceptional primary or second home (with income potential if desired). Current owner has verifiable documentation of rental history from times when not in their use (30k a year). This is a popular destination!

Last Agent to Sell the Property

Tina Bonecutter

Keller Williams Realty Southwest Associates, LLC Listed on: 10/12/2015

Keller Williams Realty Southwest Associates, LLC

Last Buyer's Agent

Tina Bonecutter

Keller Williams Realty Southwest Associates, LLC Listed on: 10/12/2015

Keller Williams Realty Southwest Associates, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,363

Year Built

  • 1948

Lot Details

  • 3.17 Acre Lot
  • Home fronts a pond
  • Cross Fenced
  • Partially Fenced Property
  • Landscaped
  • Corner Lot
  • Sprinkler System
  • Cleared Lot
  • Wooded Lot

Property Views

  • Lake
  • Mountain

Home Design

  • Log Cabin
  • Metal Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 2,418 Sq Ft Home
  • 3-Story Property
  • Tongue and Groove Ceiling
  • Wood Burning Stove
  • Window Treatments
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • 1 Home Office
  • Basement
  • Crawl Space
  • Home Security System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • RV or Boat Parking

Outdoor Features

  • Spa
  • Deck
  • Separate Outdoor Workshop
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Wood
  • Heating System Powered By Owned Propane
  • Heating System Uses Propane
  • Irrigation Water Rights
  • Propane Water Heater
  • Water Purifier
  • Septic Tank
  • Septic System

Additional Features

  • 1 Irrigated Acre
  • Horses Allowed On Property

Community Details

  • Property has a Home Owners Association
  • Association fees include irrigation, water
  • Stream Seasonal

Listing and Financial Details

  • Assessor Parcel Number 532514400029

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,363

Year Built

1948

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave, Water Purifier
  • Estimated Irrigation Acres: 0.5
  • Estimated Total Acres: 3.17
  • Class: RESIDENTIAL
  • Em Deposit: 15,000
  • Em Holder: Keller Williams Realty
  • Exterior Inclusions: Shed/Storage, Landscaping, Irrigation Water, Deck, Hot Tub, Lawn Sprinklers
  • Interior Inclusions: Wood Stove, Window Coverings, W/D Hookup, Pantry, Security System, T&G Ceilings, Walk In Closet
  • Legal Lot Block: Section: 14 Township: 38 Range: 9 LOTS 2A-2 RAPP LOTS 2A-1 & 1B BA PROJ 2004-0297 Section: 23 Township: 38 Range: 9 TR IN 47 ELECTR LAKE RD DURANGO 81301
  • List Price per Sq Ft: 279.16
  • Livestock Allowed: Horses, Poultry
  • Lot Dimension: irregular
  • Lot Size Acreage: 2-4.99
  • Parcel Id Number: 532514400029
  • Property Description: Wooded Lot, Cleared, Corner
  • Real Estate Included: Yes
  • Residence Stories: Three Story, Finished Attic
  • Residence Style: Log, Cabin
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Log, Wood
  • Sold Price Sq Ft: 263.65
  • Street Descriptionaccess: Private
  • Waterfront Type: Pond, Seasonal Stream/Spring
  • Zoning: Residential Single Family
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 1948

Interior Features

  • Dining Room: Living Room Dining
  • Dining Room: Yes
  • Bedrooms: 4
  • Flooring: Carpet-Partial, Hardwood, Tile
  • Estimated Total Sq Ft: 2418
  • Full Bathrooms: 3
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 3
  • Family Room: Yes
  • Fireplace Location Type: Living Room
  • Foundation: Basement-below grade, Basement-dug out, Crawl Space
  • Master Bedroom Level: Upper Level
  • Total Office Den: 1

Exterior Features

  • Fence: Cross Fence, Partial Property
  • Construction Type: Log
  • Exterior Structures: Garage, Shed, Workshop
  • Roof: Metal
  • Views: Mountains, Lake/Pond/Reservoir
  • Waterfront: Yes

Garage/Parking

  • Garage Type: Detached Garage
  • Garage: Yes
  • Garage Capacity: 1

Utilities

  • Utilities: Electric, Propane-Tank Owned
  • Cooling: Forced Air, Central A/C
  • Electric Supplier: La Plata Electric Association
  • Heating System: Forced Air, Fireplace, Wood Stove
  • Irrigation Water Description Amount: unk
  • Irrigation Water District: community
  • Sewer Supplier: Septic
  • Water Heater: Propane Water Heater
  • Water Rights Irrigation: Yes

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Irrigation, Water
  • HOA Metro Fees Frequency: Annually

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2015
Closed on
Jan 13, 2016
Sold by
Daniels Family Joint Revocable Trust
Bought by
Dooley Thomas W and Dooley Nancy J
Seller's Agent
Tina Bonecutter
Keller Williams Realty Southwest Associates, LLC
Buyer's Agent
Tina Bonecutter
Keller Williams Realty Southwest Associates, LLC
List Price
$675,000
Sold Price
$637,500
Premium/Discount to List
-$37,500
-5.56%
Current Estimated Value
$1,300,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$663,305
Avg. Annual Appreciation
7.56%

Purchase Details

Closed on
Dec 5, 2014
Sold by
Daniels Robert Gerald
Bought by
Daniels Family Joint Revocable Trust

Purchase Details

Listed on
Jun 27, 2013
Closed on
Dec 4, 2013
Sold by
Kczc Investments Ltd
Bought by
Daniels Robert Gerald
Seller's Agent
Joe Burtoni
Durango Land and Homes
Buyer's Agent
Joe Burtoni
Durango Land and Homes
List Price
$559,900
Sold Price
$545,000
Premium/Discount to List
-$14,900
-2.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$395,000
Interest Rate
4.17%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Dooley Thomas W $637,500 Land Title
Daniels Family Joint Revocable Trust -- None Available
Daniels Robert Gerald $545,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daniels Robert Gerald $395,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/13/2016 01/13/16 Sold $637,500 -5.6% $264 / Sq Ft
10/25/2015 10/25/15 Pending -- -- --
10/12/2015 10/12/15 For Sale $675,000 +23.9% $279 / Sq Ft
12/04/2013 12/04/13 Sold $545,000 -2.7% $245 / Sq Ft View Prior Sale
10/01/2013 10/01/13 Pending -- -- --
06/27/2013 06/27/13 For Sale $559,900 -- $252 / 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 $2,363 $62,590 $11,040 $51,550
2024 $2,023 $48,190 $10,820 $37,370
2023 $2,023 $51,360 $11,530 $39,830
2022 $2,144 $53,810 $12,080 $41,730
2021 $2,155 $51,950 $9,580 $42,370
2020 $1,942 $48,270 $9,170 $39,100
2019 $1,862 $48,270 $9,170 $39,100
2018 $1,658 $43,030 $8,620 $34,410
2017 $1,623 $43,030 $8,620 $34,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 712057

Colorado Real Estate Network (CREN)

APN: R427795