NOT LISTED FOR SALE

0 Thoroughbred Rd Unit 724963 Durango, CO 81303

Estimated Value: $1,131,000 - $1,386,000

3 Beds
2 Baths
2,204 Sq Ft
$578/Sq Ft Est. Value

Last Sold December 16, 2016

Last sale price $650,000 $295 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $7,041/month

Highlights

  • Horses Allowed On Property
  • Spa
  • RV or Boat Parking
  • Durango High School Rated A-
  • River Front
  • 35 Acre Lot

About This Home

As of December 2016

Beautifully designed contemporary home located on fabulous lot which is on the Florida River. This oasis in the Florida River Valley has approximately 1000 feet of river frontage. Fishing rights, to the owner of this spectacular property. Open and airy one-level home has two true bedrooms and one room that may be used as a third bedroom; plus a separate office/den. There are two full baths. The abundance of windows provides plentiful light and cross-breezes for a year-round comfortable residence. Open floor plan with custom rock fireplace and finished wood beams in the main living area. The over sized attached two-car garage has a side room for storage and a tiled dog bathing area. In addition, there is a detached garage/carport plus a separate shed. Covered porches look out to the beautiful flowing Florida River and views of the surrounding mountains. There is an upper pasture to this property (approx. 29 acres) for keeping animals or where a barn could be built. The combination of river-front and pasture makes this an ideal country property.

Last Agent to Sell the Property

Shannon Kunkel

Coldwell Banker Mountain Properties Listed on: 09/26/2016

Coldwell Banker Mountain Properties

Last Buyer's Agent

Linda Buzzalini

Linda Buzzalini, Independent Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,013

Year Built

  • 2000

Lot Details

  • 35 Acre Lot
  • River Front
  • Landscaped
  • Irrigation
  • Wooded Lot

HOA Fees

  • $55 Monthly HOA Fees

Property Views

  • Creek or Stream
  • Mountain
  • Valley

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Southwestern Architecture
  • Property Attached
  • Concrete Foundation
  • Slab Foundation
  • Metal Roof
  • Stucco

Interior Spaces

  • 2,204 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • 1 Home Office

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Compactor
  • Disposal

Flooring

  • Radiant Floor
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • 1 Carport Space
  • Garage Door Opener
  • RV or Boat Parking

Outdoor Features

  • Spa
  • Covered Patio or Porch
  • Shed

Farming

  • 15 Irrigated Acres
  • Pasture
  • Cattle
  • Sheep or Goats

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Vented Exhaust Fan
  • Heating System Uses Propane
  • Irrigation Water Rights
  • Well
  • Propane Water Heater
  • Septic Tank
  • Septic System
  • Internet Available
  • Phone Available

Community Details

  • Association fees include irrigation, snow removal, fishing rights, road maintenance
  • Florida River Ranch HOA

Listing and Financial Details

  • Assessor Parcel Number 595120201015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,013

Year Built

2000

Lot Details

0

HOA Fees

$55 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave, Compactor, Exhaust Fan
  • Estimated Irrigation Acres: 15
  • Estimated Total Acres: 35
  • Class: RESIDENTIAL
  • Elevation: 6140
  • Em Deposit: 15,000
  • Em Holder: CBHHR
  • Exterior Inclusions: Shed/Storage, Landscaping, Irrigation Water, Patio, Hot Tub, Covered Porch
  • Fronts: river
  • Interior Inclusions: Ceiling Fan(s), W/D Hookup, Vaulted Ceiling, Granite Counters, Walk In Closet, Hot Tub, Garage Door Opener
  • Legal Lot Block: FLORIDA RIVER RANCH Block: 0 Lot: 2A FLORIDA RIVER RANCH AMEND NO 2
  • List Price per Sq Ft: 306.26
  • Livestock Allowed: Cattle, Horses, Poultry, Sheep
  • Lot Dimension: irreg
  • Lot Size Acreage: 20-35
  • Parcel Id Number: 595120201015
  • Property Attached: Yes
  • Property Description: Pasture, Wooded Lot
  • Real Estate Included: Yes
  • Realist Id: 5951-202-01-015
  • Residence Stories: One Story
  • Residence Style: Ranch, Contemporary, Southwest
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Stucco
  • Sold Price Sq Ft: 294.92
  • Street Descriptionaccess: State Highway, County, Private, Paved, Gravel, Dirt, Private Winter Maintenanc
  • Waterfront Type: River
  • Zoning: Residential Single Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 2000

Interior Features

  • Dining Room: Kitchen Bar, Living Room Dining
  • Bedrooms: 3
  • Flooring: Stained/Stamped Concrete
  • Estimated Total Sq Ft: 2204
  • Bathrooms Description: 2 full
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Fireplace Location Type: Gas Logs, Living Room
  • Foundation: Slab, Concrete
  • Great Room: Yes
  • Main Level Sq Ft: 2204
  • Master Bedrm Dimensions: 15' x 15'
  • Master Bedroom Level: Main Level
  • Office Den Dimensions: 15'1 x 11'2
  • Total Office Den: 1

Exterior Features

  • Construction Type: Wood Frame
  • Exterior Structures: Garage, Shed
  • Roof: Metal
  • Views: Mountains, Valley, Stream/River
  • Waterfront: Yes

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Carport: Yes
  • Carport Spaces: 1
  • Garage Capacity: 2

Utilities

  • Utilities: Electric, Natural Gas, Internet, Phone - Landline
  • Electric Supplier: La Plata Electric Association
  • Heating System: Floor Radiant, Fireplace
  • Irrigation Water Description Amount: HOA
  • Irrigation Water District: Florida River
  • Laundry Util Dimensions: 7'8 x 7'3
  • Sewer Supplier: Septic
  • Water Heater: Propane Water Heater
  • Water Rights Irrigation: Yes
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 211197

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Irrigation, Snow Removal, Fishing Rights, Road Maintenance
  • Hoametro Fees: 165
  • HOA Metro Fees Frequency: Quarterly
  • Hoa Name: Florida River Ranch

Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2023
Sold by
Martin Adam Ray and Martin Kelsey Kay
Bought by
Custer Revocable Trust
Current Estimated Value
$1,274,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$836,500
Outstanding Balance
$813,898
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$460,170

Purchase Details

Closed on
Aug 24, 2023
Sold by
Martin Adam Ray and Martin Kelsey Kay
Bought by
Custer Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$836,500
Outstanding Balance
$813,898
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$460,170

Purchase Details

Listed on
Sep 26, 2016
Closed on
Dec 16, 2016
Sold by
Teets Anthony and Teets Lorene
Bought by
Martin Adam Ray and Martin Kelsey Kay
Seller's Agent
Shannon Kunkel
Coldwell Banker Mountain Properties
Buyer's Agent
Linda Buzzalini
Linda Buzzalini, Independent Broker
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%
Source: Public Records

Range of Values:

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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
Custer Revocable Trust $1,195,000 Land Title Guarantee
Custer Revocable Trust -- Land Title Guarantee
Martin Adam Ray $650,000 Land Title
Martin Adam Ray -- Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Custer Revocable Trust $836,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2016 12/16/16 Sold $650,000 -3.7% $295 / Sq Ft
10/27/2016 10/27/16 Pending -- -- --
09/26/2016 09/26/16 For Sale $675,000 -- $306 / 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 $3,013 $74,380 $26,560 $47,820
2024 $2,487 $57,700 $19,460 $38,240
2023 $2,487 $58,300 $20,550 $37,750
2022 $2,297 $60,940 $21,480 $39,460
2021 $2,314 $51,770 $23,750 $28,020
2020 $2,120 $48,790 $22,650 $26,140
2019 $1,674 $48,790 $22,650 $26,140
2018 $1,585 $46,260 $20,580 $25,680
2017 $1,554 $46,440 $32,820 $13,620
2016 $1,511 $53,690 $30,400 $23,290
2015 -- $53,690 $30,400 $23,290
2014 $696 $51,170 $30,400 $20,770
2013 -- $134,390 $134,390 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 724963

Colorado Real Estate Network (CREN)

APN: R419719