$190,000
SOLD NOV 21, 2014

0 Falcon Way Durango, CO 81301

1.1 Acres
$172,727 Price per Acre
47,916 Sq Ft Lot

Recently Sold

$55 Per Sq Ft

34% Below List Price

Highlights

  • Mountain View
  • Durango High School Rated A-
  • Wooded Lot

About This Lot

As of March 2018

In town executive lot available! The last one acre lot in premier subdivision, at the edge of downtown Durango and with world class views of Smelter Mountain, Missionary Ridge, the College Mesa and to the south as far as the eye can see. Located less than a half mile from the Animas River and restaurant/business district, yet situated among million dollar homes with privacy, this executive caliber parcel offers it all: proximity to town, city water and sewer, access to trails, high end neighboring homes, and outstanding views in all directions. Gently sloping, this south facing lot offer multiple options for building your dream mountain home! This is the last lot available in Falcon Heights, and one of the only large lots in the greater downtown area with views of this magnitude available.

Last Agent to Sell the Property

Judi Mora

RE/MAX Pinnacle Listed on: 04/14/2014

RE/MAX Pinnacle

Last Buyer's Agent

Max Hutcheson

The Wells Group of Durango, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,520

Lot Details

  • 1.1 Acre Lot
  • Sloped Lot
  • Wooded Lot

HOA Fees

  • $50 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Schools

  • Needham K-5 Elementary School
  • Miller 6-8 Middle School
  • Durango 9-12 High School

Community Details

  • Falcon Way HOA

Listing and Financial Details

  • Security Deposit $7,500
  • Assessor Parcel Number 566519415005

Property Details

Property Type

Land

Est. Annual Taxes

$1,520

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Class: Land
  • Em Holder: Colorado Land Title
  • Legal Lot Block: S:19 T:35 R:9 SUB:Falcon Heights, BLK:0 LOT: 5
  • Lot Dimension: 120x 330x 120 x330+
  • Lot Size Acreage: 1-5 Acres
  • Parcel Id Number: 566519415005
  • Property Description: Wooded Lot
  • Street Descriptionaccess: Private, Paved
  • Street Designation: Way
  • Zoning: Residential Single Family
  • HOA Fee Frequency: Annually
  • Domestic Sewer: Sewer Tap Available
  • Domestic Water: Public
  • Type: Residential
  • Estimated Total Acres: 1.1
  • Em Deposit: 7500
  • Possible Property Use: Residential Single Family
  • Price Acre: 226363.64
  • Topography: Sloped
  • Price per Sq Ft: 5.2
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 172727.27
  • Water Tap Available: Yes
  • Total Taxes Dollar: 1520
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Views: Mountains, Valley

Utilities

  • Utilities: Electricity, Natural Gas
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 595
  • Hoa Name: falcon way

Schools

  • Elementary School: Needham K-5
  • Middle School: Miller 6-8
  • High School: Durango 9-12
  • High School: Durango 9-12

Tax Info

  • Tax Year: 2014

MLS Schools

  • Elementary School: Needham K-5
  • Middle School: Miller 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2020
Sold by
Mankins Jaaron and Riekenberg Jennifer
Bought by
Graves Daniel A and Graves Angelia K
Current Estimated Value
$2,017,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$858,625
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,196,769

Purchase Details

Closed on
May 31, 2018
Sold by
Mankins Jaaron and Riekenberg Jennifer
Bought by
Mankins Jaaron and Riekenberg Jennifer

Purchase Details

Closed on
Aug 22, 2016
Sold by
Mankins Jaaron
Bought by
Riekenberg Jennifer and Mankins Jaaron

Purchase Details

Listed on
Apr 14, 2014
Closed on
Nov 21, 2014
Sold by
Ozaki Ronald T and Ozaki Carol S
Bought by
Mankins Jaaron
Seller's Agent
Judi Mora
RE/MAX Pinnacle
Buyer's Agent
Max Hutcheson
The Wells Group of Durango, LLC
List Price
$289,000
Sold Price
$190,000
Premium/Discount to List
-$99,000
-34.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.49%
Original Mortgage
$142,500
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 1994
Bought by
Riekenberg Jennifer and Mankins Jaaron
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Special Warranty Deed $1,300,000 Land Title Guarantee Co
Interfamily Deed Transfer -- None Available
Warranty Deed -- None Available
Warranty Deed $190,000 Colorado Land Title Co Llc
Warranty Deed $117,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Previous Owner $142,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $935,000 -6.4% $262 / Sq Ft
02/26/2018 02/26/18 Pending -- -- --
07/31/2017 07/31/17 For Sale $999,000 +28.9% $280 / Sq Ft
06/26/2015 06/26/15 Sold $775,000 0.0% $204 / Sq Ft
05/26/2015 05/26/15 Pending -- -- --
05/19/2015 05/19/15 For Sale $775,000 +307.9% $204 / Sq Ft
11/21/2014 11/21/14 Sold $190,000 -34.3% $55 / Sq Ft
10/14/2014 10/14/14 Pending -- -- --
04/14/2014 04/14/14 For Sale $289,000 -- $84 / 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 $4,684 $108,560 $24,840 $83,720
2024 $3,985 $99,140 $23,740 $75,400
2023 $3,985 $102,810 $24,620 $78,190
2022 $2,796 $68,770 $17,380 $51,390
2021 $2,808 $70,750 $17,880 $52,870
2020 $2,625 $68,290 $15,190 $53,100
2019 $2,511 $68,290 $15,190 $53,100
2018 $2,322 $63,930 $14,400 $49,530
2017 $2,271 $63,930 $14,400 $49,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 691426

Colorado Real Estate Network (CREN)

APN: R024358