NOT LISTED FOR SALE

0 Lakeside Durango, CO 81303

Estimated Value: $1,556,000 - $1,882,000

5 Beds
3.5 Baths
5,950 Sq Ft
$280/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $860,000 $145 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $9,050/month

500 Days on Market

Highlights

  • Horses Allowed On Property
  • RV or Boat Parking
  • Deck
  • Durango High School Rated A-
  • Mountain View
  • Living Room with Fireplace

About This Home

As of March 2020

SELLER MOTIVATED! BRING ALL OFFERS! HUGE PRICE REDUCTION- OVER $125K! Large home in sought after, Lake Durango Estates. This 5950 SF home has it all on 5 treed acres, 5 BD + office, 4 BA, and 5 car garage. This private home enjoys easy, paved access, conveniently located just minutes from town; recreation at Lake Nighthorse, and all of the activities that the Colorado lifestyle has to offer. Lake Durango is a private lake with deeded access exclusively to homeowners. Enjoy paddle boarding, kayaking, swimming, and some of the best large mouth bass fishing around. Recent connection to Nighthorse ensures healthy lake levels. Originally built in 1993, an extension addition was completed in 2006 which included two bedrooms, an office, bathroom, game room and the kitchen was beautifully remodeled. The home is set back from the road offering a stately approach on the paved drive. The functional floor plan provides privacy for family members with a variety of living spaces and is a great place for entertaining. The covered front porch welcomes you inside to the foyer which leads to the formal living room with vaulted ceilings highlighted with exposed trusses, knotty pine tongue and groove, rock fireplace, wet bar, and sliding doors to the back deck. From there, head to the large kitchen complete with granite counters, big island with Viking 4 burner cook-top, griddle and veggie sink; ice maker, dishwasher, double wall ovens, double refrigerators, and microwave. Plenty of seating at the bar area or in the formal dining room off the kitchen. From there step down into the large family/rec room. This is a great spot to entertain or hang out as a family. Another river rock fireplace and wet bar can be found here. Access to the back covered patio, open flagstone patio, and backyard with lawn and gardens. The outdoor living space is inviting and spacious; quiet and private. The landscaping is complete with automatic sprinklers. Also on the main level is a half bathroom and laundry room. Upstairs, you will find five bedrooms, office and a loft sitting area. The master bedroom is complete with large walk-in closet and recently updated bathroom with soaking tub, separate shower, double vanity, and attractive tile accents. On the east upper wing, you will find the office, four bedrooms and two bathrooms. There is ample storage throughout the house including a 2- car garage that is attached plus a detached 3 car garage with heat and a "man cave" above. Other bonuses are natural gas and central water supply. Lake Durango Estates is great neighborhood and comprised of 18 lots of five acres each and offers the best features of rural living with wide open spaces for peaceful picnics, recreation on the community lake, mountain views, and abundant wildlife. The topography is rolling and timbered with Ponderosa pine with peekaboo views of the La Platas. Horses are allowed; two per the CC&Rs.This is a must see to appreciate! This private home enjoys easy, paved access, conveniently located just minutes from town; recreation at Lake Nighthorse, and all the activities that the Colorado lifestyle has to offer. Call today for your private tour-

Last Agent to Sell the Property

Abbi Munn

The Wells Group of Durango, LLC Listed on: 08/28/2018

Co-Listed By

Joe Bob Mcguire

The Wells Group of Durango, LLC

Last Buyer's Agent

Joe Bob Mcguire

The Wells Group of Durango, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993 | Remodeled in 2006

Lot Details

  • 5 Acre Lot
  • Landscaped
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $67 Monthly HOA Fees

Home Design

  • Split Level Home
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 5,950 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Tongue and Groove Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Living Room with Fireplace
  • Formal Dining Room
  • Den with Fireplace
  • Game Room
  • Mountain Views
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Built-In Double Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Parking

  • 5 Car Garage
  • Heated Garage
  • Garage Door Opener
  • RV or Boat Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Schools

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

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Engineered Septic
  • Septic Tank
  • Internet Available

Community Details

  • Association fees include snow removal, fishing rights, road maintenance
  • Lake Durango Estates HOA

Listing and Financial Details

  • Assessor Parcel Number 566129401014

Home Details

Home Type

Single Family

Year Built

Built in 1993 | Remodeled in 2006

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Appliance Inclusions: Range Top, Refrigerator, Dishwasher, Disposal, Microwave, Double Oven, Oven-Wall
  • Estimated Total Acres: 5
  • Class: RESIDENTIAL
  • Em Deposit: 25,000
  • Em Holder: Title Durango
  • Exterior Inclusions: Shed/Storage, Landscaping, Patio, Deck, Lawn Sprinklers, Covered Porch
  • Interior Inclusions: Window Coverings, Ceiling Fan(s), W/D Hookup, Skylight(s), Wet Bar, Vaulted Ceiling, Granite Counters, Jetted Tub, Pantry, T&G Ceilings, Walk In Closet, Garage Door Opener, Game Room, Heated Garage
  • Legal Lot Block: SUBDIVISION: LAKE DURANGO ESTATES LOT: 14 395 N LAKESIDE DR DURANGO 81303
  • List Price per Sq Ft: 146.05
  • Livestock Allowed: Horses
  • Lot Size Acreage: 5-9.99
  • Parcel Id Number: 566129401014
  • Price Per Sq Ft: 144.54
  • Property Attached: Yes
  • Property Description: Wooded Lot
  • Real Estate Included: Yes
  • Residence Stories: Two Story
  • Residence Style: Split-Level
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Wood
  • Sold Price Sq Ft: 144.54
  • Street Descriptionaccess: Private, Paved
  • Tax Account Id: R021084
  • Zoning: Residential Single Family
  • Type: Stick Built
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Service: Yes
  • Lvt Date: 08/28/2018
  • Total Taxes Dollar: $3,040.24
  • Year Built: 1993
  • Year Renovated: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Kitchen Bar, Separate Dining
  • Bedrooms: 5
  • Flooring: Carpet-Partial, Hardwood, Tile
  • Estimated Total Sq Ft: 5950
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 4
  • Fireplace Location Type: Living Room, Den/Family Room
  • Foundation: Crawl Space
  • Master Bedroom Level: Upper Level
  • Total Office Den: 0

Exterior Features

  • Windows: Double Pane
  • Construction Type: Wood Frame
  • Exterior Structures: Garage, Shed
  • Roof: Composition
  • Views: Mountains

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 5

Utilities

  • Utilities: Electric, Natural Gas
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Heating System: Hot Water Baseboard, Floor Radiant
  • Sewer Supplier: Septic
  • Water Heater: Gas Water Heater
  • Water Supplier: Lake Durango Water Authority

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Snow Removal, Fishing Rights, Road Maintenance
  • Hoametro Fees: 800
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: Lake Durango Estates

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

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

Listed on
Aug 28, 2018
Closed on
Mar 20, 2020
Sold by
Foreman Kevin Gale and Foreman Valerie Anne
Bought by
Shadid Scott D and Shadid Monica A
Seller's Agent
Abbi Munn
The Wells Group of Durango, LLC
Buyer's Agent
Joe Bob Mcguire
The Wells Group of Durango, LLC
List Price
$1,100,000
Sold Price
$860,000
Premium/Discount to List
-$240,000
-21.82%
Current Estimated Value
$1,666,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$806,618
Avg. Annual Appreciation
11.82%
Original Mortgage
$688,000
Outstanding Balance
$606,832
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$1,059,786

Purchase Details

Closed on
Mar 15, 2018
Sold by
Wild Wings Ranch Llc
Bought by
Foreman Kevin G and Foreman Cvlaeire A

Purchase Details

Closed on
Oct 20, 1997
Bought by
Foreman Kevin Gale and Foreman Valerie Anne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Purchase History

Date Buyer Sale Price Title Company
Shadid Scott D $860,000 Land Title Guarantee Company
Foreman Kevin G -- Colorado Title & Closing Ser
Foreman Kevin Gale $490,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shadid Scott D $688,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2020 03/20/20 Sold $860,000 -1.0% $145 / Sq Ft
01/10/2020 01/10/20 Pending -- -- --
11/13/2019 11/13/19 Price Changed $869,000 -0.7% $146 / Sq Ft
08/29/2019 08/29/19 Price Changed $875,000 -2.7% $147 / Sq Ft
07/26/2019 07/26/19 Price Changed $899,000 -9.1% $151 / Sq Ft
03/13/2019 03/13/19 Price Changed $989,000 -10.1% $166 / Sq Ft
08/28/2018 08/28/18 For Sale $1,100,000 -- $185 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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 $3,951 $105,120 $15,860 $89,260
2024 $3,383 $80,580 $15,520 $65,060
2023 $3,383 $84,070 $16,190 $67,880
2022 $2,919 $87,410 $16,830 $70,580
2021 $2,934 $70,720 $13,300 $57,420
2020 $2,896 $71,970 $12,470 $59,500
2019 $2,776 $71,970 $12,470 $59,500
2018 $3,105 $80,600 $12,560 $68,040
2017 $3,040 $80,600 $12,560 $68,040
2016 $2,844 $81,740 $13,110 $68,630
2015 $2,676 $81,740 $13,110 $68,630
2014 -- $61,290 $13,110 $48,180
2013 -- $61,290 $13,110 $48,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 749741

Colorado Real Estate Network (CREN)

APN: R021084

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