NOT LISTED FOR SALE

0 Elkridge Ln Unit 708710 Durango, CO 81301

Estimated Value: $971,000 - $2,281,770

1 Bed
6 Baths
299 Sq Ft
$4,740/Sq Ft Est. Value

Last Sold August 31, 2015

Last sale price $435,000 $1,455 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $8,073/month

5 Days on Market

Highlights

  • Creek or Stream View
  • 2 Car Attached Garage
  • 1-Story Property
  • Durango High School Rated A-
  • Patio
  • Landscaped

About This Home

As of August 2015

As the gates open to Elk Ridge Lane, you drive under a gorgeous shaded canopy of giant Cottonweeds trees and you know you are in a very special community. This spectacular property not only has an immaculate guesthouse with a two car garage for you to live in while you build your dream home but has amazing views up the Animas Valley with river views and town views. The property straddles both sides of Elk Ridge Lane with the guest home sitting one side and the building lot sitting high to take advantage of the Colorado mountain views. The guesthomewas built in 2009 has a large two car heated garage, a cozy living area with a one bedroom and large back patio that has been landscaped with a Rain Bird sprinkler system that can be set for autamatic timing for a maintenance free living. There are 5 lots in this exclusive subdivision with gorgeous homes being built with a quiet setting just a few miles from downtown Durango with city water so you have all the amenities of city living with a quiet country view. This is the only lot in Elk Ridge that also has access on CR 250. You cannot drive up to the lot but there is a pullout on CR 250 if you would like to access that area. Don't miss this opportunity!

Last Agent to Sell the Property

Tina Miely

Berkshire Hathaway HomeServices Colorado Properties Listed on: 07/08/2015

Berkshire Hathaway HomeServices Colorado Properties

Last Buyer's Agent

Gabi Bergstrom

RE/MAX Pinnacle

RE/MAX Pinnacle

Home Details

Home Type

  • Single Family

Year Built

  • 2009

Lot Details

  • 6.62 Acre Lot
  • Landscaped
  • Sprinkler System

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Creek or Stream
  • Mountain
  • Valley

Home Design

  • Stucco

Interior Spaces

  • 1 Bedroom
  • 299 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Association fees include snow removal
  • Elkridge HOA

Listing and Financial Details

  • Assessor Parcel Number 566515100155

Home Details

Home Type

Single Family

Year Built

2009

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator
  • Estimated Total Acres: 6.62
  • Class: RESIDENTIAL
  • Em Deposit: 5000
  • Em Holder: CBHHR
  • Exterior Inclusions: Landscaping, Patio, Lawn Sprinklers
  • Interior Inclusions: Wired/Cable TV
  • Legal Lot Block: Subdivision: ELKRIDGE S/D Block: 0 Lot: 4 ELKRIDGE SUB PROJ #92-143 255 ELKRIDGE LN DURANGO 81301
  • List Price per Sq Ft: 1421.4
  • Lot Dimension: 6.62
  • Lot Size Acreage: 5-9.99
  • Parcel Id Number: 566515100155
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Sale/Rent: For Sale
  • Siding: Stucco
  • Sold Price Sq Ft: 1454.85
  • Street Descriptionaccess: City/Town, Private, Paved, Cul-de-Sac
  • Street Designation: Lane
  • Zoning: Residential Single Family
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2009

Interior Features

  • Bedrooms: 1
  • Estimated Total Sq Ft: 299
  • Main Level Sq Ft: 299

Exterior Features

  • Views: Mountains, Valley, Stream/River

Garage/Parking

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

Utilities

  • Utilities: Electric, Natural Gas
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Heating System: Forced Air
  • Sewer Supplier: Septic

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Snow Removal
  • Hoametro Fees: 150
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: elkridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2015
Closed on
Aug 31, 2015
Sold by
Cooper Cameron Ian and Cooper Amy Lea
Bought by
Rice Kenneth D and Goodpastor Sarah E
Seller's Agent
Tina Miely
Berkshire Hathaway HomeServices Colorado Properties
Buyer's Agent
Gabi Bergstrom
RE/MAX Pinnacle
List Price
$425,000
Sold Price
$435,000
Premium/Discount to List
$10,000
2.35%
Current Estimated Value
$1,417,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$982,257
Avg. Annual Appreciation
12.19%
Original Mortgage
$326,750
Outstanding Balance
$257,073
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,160,184

Purchase Details

Closed on
Apr 6, 2007
Sold by
Cooper Cameron Lan
Bought by
Cooper Cameron Ian and Cooper Amy Lea

Purchase Details

Closed on
Jun 1, 2006
Sold by
Cooper Properties Partnership Lllp
Bought by
Cooper Cameron Ian
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rice Kenneth D $435,000 Stewart Title
Cooper Cameron Ian -- None Available
Cooper Cameron Ian -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rice Kenneth D $326,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2015 08/31/15 Sold $435,000 +2.4% $1,455 / Sq Ft
07/13/2015 07/13/15 Pending -- -- --
07/08/2015 07/08/15 For Sale $425,000 -- $1,421 / 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 $5,878 $168,510 $27,680 $140,830
2024 $5,056 $116,540 $25,300 $91,240
2023 $5,056 $120,220 $26,100 $94,120
2022 $4,527 $124,710 $27,070 $97,640
2021 $4,351 $101,470 $24,920 $76,550
2020 $3,982 $95,630 $23,160 $72,470
2019 $3,822 $95,630 $23,160 $72,470
2018 $3,583 $90,670 $21,840 $68,830
2017 $1,868 $48,250 $21,840 $26,410
2016 $1,065 $29,760 $23,170 $6,590
2015 $930 $29,760 $23,170 $6,590
2014 $930 $26,580 $20,890 $5,690
2013 -- $26,580 $20,890 $5,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 708710

Colorado Real Estate Network (CREN)

APN: R024352