NOT LISTED FOR SALE

0 Payne Ln Ignacio, CO 81137

Estimated Value: $137,631 - $420,000

2 Beds
2 Baths
1,504 Sq Ft
$196/Sq Ft Est. Value

Last Sold June 16, 2017

Last sale price $87,500 $58 Per Sq Ft

Est. 237% increase in value since last sale

Current estimated payment $1,549/month

178 Days on Market

Highlights

  • Horses Allowed On Property
  • Wood Burning Stove
  • Formal Dining Room
  • Mountain View
  • Wooded Lot
  • Separate Outdoor Workshop

About This Home

As of June 2017

Great opportunity for investor or first-time home buyer. Two-bedroom single wide on 3 acres with a 400 ft.² addition as well as an attached two-car carport and a small workshop. At $117,500 contract price, seller will purge the title, put on a permanent foundation. With this work done, this home would qualify for financing at Community Bank, talk with Claire. This would make a great rental property for a very low investment. The home sits on a hill with Pinon and Juniper trees all around, with a great view of the La Plata mountains. Home currently is on a well and cistern but it is estimated that in approximately 3-4 years the La Plata/Archuleta water system will be coming down Highway 172, making central water available. Parents with children are allowed to apply for open enrollment in the Durango or Bayfield school systems. Some Durango elementary schools are at capacity already, so you may not get your school of first choice.

Last Agent to Sell the Property

Rick Lorenz

The Wells Group of Durango, Inc. Listed on: 12/02/2016

Last Buyer's Agent

Michael Rudd

Rudd Realty

Property Details

Home Type

  • Mobile/Manufactured

Year Built

  • 1980

Lot Details

  • 3 Acre Lot
  • Wooded Lot

Parking

  • 2 Carport Spaces

Home Design

  • Metal Roof

Interior Spaces

  • 1,504 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Family Room
  • Formal Dining Room
  • Carpet
  • Mountain Views

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Farming

  • Cattle
  • Sheep or Goats

Utilities

  • Forced Air Heating System
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Cistern
  • Well
  • Gas Water Heater
  • Septic Tank
  • Septic System

Additional Features

  • Property is near golf course
  • Horses Allowed On Property
  • Single Wide

Community Details

  • Property has a Home Owners Association
  • Association fees include snow removal
  • Payne Subdivision Homeowners Association

Listing and Financial Details

  • Assessor Parcel Number 590327101004

Property Details

Home Type

Mobile/Manufactured

Year Built

1980

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher
  • Estimated Total Acres: 3
  • Class: RESIDENTIAL
  • Em Deposit: 5000
  • Em Holder: Colorado Title & Closing
  • Fronts: Payne Lane
  • Interior Inclusions: Wood Stove
  • Legal Lot Block: Lot 4, PAYNE SUBDIVISION ACCORDING TO THE PLAT THEREOF FILED FOR RECORD IN THE OFFICE OF THE CLERK AND RECORDER NOVEMBER 23, 1977 UNDER RECEPTION NUMBER 415051, COUNTY OF LA PLATA, STATE OF COLORADO
  • List Price per Sq Ft: 71.48
  • Livestock Allowed: Cattle, Horses, Poultry, Sheep
  • Lot Dimension: Roughly 303 x 358
  • Lot Size Acreage: 2-4.99
  • Parcel Id Number: 590327101004
  • Property Attached: Yes
  • Property Description: Wooded Lot, Golf Course Near
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Residence Style: Single Wide
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 58.18
  • Street Descriptionaccess: Gravel
  • Street Designation: Lane
  • Tax Account Id: R011389
  • Zoning: Residential Single Family
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1
  • Year Built: 1980

Interior Features

  • Dining Room: Separate Dining
  • Bedrooms: 2
  • Flooring: Carpet-Partial
  • Estimated Total Sq Ft: 1504
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Family Room: Yes
  • Main Level Sq Ft: 1504
  • Master Bedrm Dimensions: 15' X 14'
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Exterior Structures: Shed, Workshop
  • Roof: Metal
  • Views: Mountains

Garage/Parking

  • Carport: Yes
  • Carport Spaces: 2

Utilities

  • Utilities: Electric, Propane-Tank Leased
  • Heating System: Forced Air, Wood Stove
  • Laundry Util Dimensions: 42" X 60"
  • Sewer Supplier: Septic
  • Water Heater: Gas Water Heater
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 121784

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Snow Removal
  • HOA Metro Fees Frequency: Unknown
  • Hoa Name: Payne Subdivision Homeowners Association

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2016
Closed on
Jun 15, 2017
Sold by
Sporl Jeff and Sporl Abbie
Bought by
Michaud John
Seller's Agent
Rick Lorenz
The Wells Group of Durango, Inc.
Buyer's Agent
Michael Rudd
Rudd Realty
List Price
$139,500
Sold Price
$87,500
Premium/Discount to List
-$52,000
-37.28%
Current Estimated Value
$295,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,710
Avg. Annual Appreciation
15.26%

Purchase Details

Closed on
Aug 6, 2001
Bought by
Michaud John
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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Purchase History

Date Buyer Sale Price Title Company
Michaud John $87,500 Colorado Title
Michaud John $87,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2017 06/16/17 Sold $87,500 -18.6% $58 / Sq Ft
05/29/2017 05/29/17 Pending -- -- --
05/24/2017 05/24/17 Price Changed $107,500 -22.9% $71 / Sq Ft
12/02/2016 12/02/16 For Sale $139,500 -65.6% $93 / Sq Ft
05/31/2016 05/31/16 Sold $406,000 -2.1% $146 / Sq Ft View Prior Sale
04/14/2016 04/14/16 Pending -- -- --
10/30/2015 10/30/15 For Sale $414,900 -- $149 / 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 -- $1,550 -- $1,550
2024 $67 $1,430 $5,190 $1,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 726662

Colorado Real Estate Network (CREN)

APN: M025534