$84,000
SOLD DEC 30, 2014

0 Oak Rd Durango, CO 81303

3.6 Acres
$23,333 Price per Acre
156,816 Sq Ft Lot

Recently Sold

44% Below List Price

309 Days on Market

About This Lot

As of January 2016

Bright sunny lot (3.6 acres) with flat area to build amongst the Oak and Ponderosa Pines in Rafter J only minutes from downtown Durango. Water well and septic in place (should be tested by Buyer). Horses allowed. Road maintenance agreement. Existing structure(s) on property was not given value in calculating asking price. Please call Listing Broker for more details about improvements.

Last Agent to Sell the Property

James Wotkyns

The Wells Group of Durango, Inc. Listed on: 01/14/2014

Last Buyer's Agent

James Wotkyns

The Wells Group of Durango, Inc. Listed on: 01/14/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $539

Lot Details

  • 3.6 Acre Lot

Schools

  • Fort Lewis Mesa K-5 Elementary School
  • Escalante 6-8 Middle School
  • Durango 9-12 High School

Utilities

  • Well
  • Septic System

Listing and Financial Details

  • Security Deposit $5,000
  • Assessor Parcel Number 566133405032

Property Details

Property Type

Land

Est. Annual Taxes

$539

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: The Wells Group
  • Legal Lot Block: Sub: RAFTER J OPEN A Blk: 0 Lot: 4C RSUB LOTS...
  • Lot Dimension: 315x416 irreg.
  • Parcel Id Number: 566133405032
  • Street Designation: Road
  • Type: Residential
  • Estimated Total Acres: 3.6
  • Em Deposit: 5,000
  • Price Acre: 27500
  • Price per Sq Ft: 0.63
  • Sewerseptic In: Yes
  • Sold Priceacre: 23333.33
  • Total Taxes Dollar: 538.80
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Electric Supplier: La Plata Electric Association
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 64326

Schools

  • Elementary School: Fort Lewis Mesa K-5
  • Middle School: Escalante 6-8
  • High School: Durango 9-12
  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2012

MLS Schools

  • Elementary School: Fort Lewis Mesa K-5
  • Middle School: Escalante 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2021
Sold by
Oak Road Llc
Bought by
Moolamalla Praveen and Moolamalla Kavitha
Current Estimated Value
$1,206,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$747,600
Outstanding Balance
$635,733
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$539,261

Purchase Details

Listed on
Nov 9, 2015
Closed on
Jan 8, 2016
Sold by
Veracity Construction Llc
Bought by
Brant Keith A and Brant Sabrina A
Seller's Agent
Andy Langefels
Legacy Properties West Sotheby's Int. Realty
Buyer's Agent
Chris Bettin
Durango Land and Homes
List Price
$585,000
Sold Price
$570,000
Premium/Discount to List
-$15,000
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.84%

Purchase Details

Listed on
Jan 14, 2014
Closed on
Dec 30, 2014
Sold by
Tucker Coleman M
Bought by
Veracity Construction
Seller's Agent
James Wotkyns
The Wells Group of Durango, Inc.
Buyer's Agent
James Wotkyns
The Wells Group of Durango, Inc.
List Price
$150,000
Sold Price
$84,000
Premium/Discount to List
-$66,000
-44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
553.57%

Purchase Details

Closed on
Mar 16, 1994
Bought by
Oak Road Llc
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 $934,500 Land Title Guarantee
Warranty Deed $570,000 Stewart Title
Warranty Deed $84,000 Colorado Land Title Co Llc
Quit Claim Deed $5,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $747,600 New Conventional
Previous Owner $156,000 New Conventional
Previous Owner $262,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2016 01/08/16 Sold $570,000 -2.6% $237 / Sq Ft
11/18/2015 11/18/15 Pending -- -- --
11/09/2015 11/09/15 For Sale $585,000 +596.4% $243 / Sq Ft
12/30/2014 12/30/14 Sold $84,000 -44.0% --
11/19/2014 11/19/14 Pending -- -- --
01/14/2014 01/14/14 For Sale $150,000 -- --
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 $2,776 $67,950 $10,840 $57,110
2024 $2,377 $56,610 $8,850 $47,760
2023 $2,377 $59,870 $9,360 $50,510
2022 $2,014 $47,440 $7,490 $39,950
2021 $2,025 $48,810 $7,710 $41,100
2020 $1,791 $44,500 $7,710 $36,790
2019 $1,716 $44,500 $7,710 $36,790
2018 $1,608 $41,740 $7,760 $33,980
2017 $1,574 $41,740 $7,760 $33,980
2016 $1,456 $41,840 $9,030 $32,810
2015 $330 $10,090 $9,030 $1,060
2014 -- $13,860 $9,030 $4,830
2013 -- $13,860 $9,030 $4,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 688505

Colorado Real Estate Network (CREN)

APN: R015897