R
Seller's Agent in 2020
Rick Lorenz
The Wells Group of Durango, Inc.
0 Ute Junction Cir Durango, CO 81303
Estimated Value: $1,381,000 - $1,836,000
35.39
Acres
$46,834
Price per Acre
1,541,588
Sq Ft Lot
Highlights
- 35.39 Acre Lot
- Creek or Stream View
- Property is near a preserve or public land
- Durango High School Rated A-
- Wooded Lot
- Partially Fenced Property
About This Lot
As of November 2020Spectacular top of the mountain 35 acre property with tons of Ponderosa pine trees, acres of flat land on which to build adjoining Ute land and 6,000 acres of State of Colorado land on the west side. Spectacular views of Lake Nighthorse and the absolute ultimate in privacy, less than 15 minutes to town under normal driving circumstances. Depending on where you are on the property, you would also have views of Black Ridge, the 14,000 foot peaks near Purgatory and Wolf Creek Pass in the distant east. A roughed-in road has been cut to the top of the property and there is so much flatland up there you could easily build a house, barn, riding arena, workshop and still have plenty of room left over. The building envelope on the upper site of the 35 acre tract is 2.3 acres in size. There is a 2nd building envelope lower down of 2.66 acres in size on this same parcel. This 35 acre tract could be subdivided one time so that you could end up with 2 legally distinct building sites. There is an 800 foot deep high-capacity water well on the lot and there is also one Lake Durango Water Authority water tap included. You would own an undivided 1/3 interest in the water well; the other 2/3 interest is owned by the other two lots in Wapiti Ridge. This is not actually in the Shenandoah subdivision so the owners created their own covenants; you could change them if you purchased the other 2 lots in the subdivision. Access is over the paved roads in Shenandoah Estates so you do have some road fees to pay, but you are not a part of the Shenandoah or Shenandoah Estates Homeowners Association. The only fees that would be due are any special assessment for road repairs and excessive snow removal in Shenandoah Estates.(Seller currently pays $805 per year for road maintenance.) Seller will split with the buyer on a 50/50 basis the $12,000 in road assessments due at closing. You are committed to abide by the Shenandoah Estates architectural guidelines. A large portion of the land to the north and to the east has a conservation easement on it so that will help maintain the natural look and privacy. Property can be purchased with lots 2 and 3 of Wapiti Ridge to make a large family estate type property. Lot 2 directly adjoins Lot 1 and Lot 3 adjoins Lot 2. See MLS numbers 725701 and 725702. Ideal for somebody wanting to do an impressive family compound because the property is already divided up into 3 separate lots. A portion of the 35 acre lot also has a conservation easement on it. The 3 lots are as follows: Lot 1 is 35.395 acres and has 2016 property taxes of $3,000; lot 2 is 4.1 acres in size and has property taxes of $1440; and finally, lot 3 is 4.788 acres in size and also has property taxes of $1440.
Last Agent to Sell the Property
Rick Lorenz
The Wells Group of Durango, Inc. Listed on: 11/26/2014
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,000
Lot Details
- 35.39 Acre Lot
- Partially Fenced Property
- Barbed Wire
- Level Lot
- Wooded Lot
Property Views
- Creek or Stream
- Mountain
- Valley
Schools
- Fort Lewis Mesa K-5 Elementary School
- Escalante 6-8 Middle School
- Durango 9-12 High School
Utilities
- Shared Well
- Well
- Septic System
- Phone Available
Community Details
- Property is near a preserve or public land
Listing and Financial Details
- Security Deposit $25,000
- Assessor Parcel Number 566306200169
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 28, 2024
Sold by
Dagenais Lionel Henry and Dagenais Sandra Kay
Bought by
Caglioti Thomas A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$592,526
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$1,064,940
Purchase Details
Listed on
Aug 31, 2018
Closed on
Dec 14, 2018
Sold by
Palmer John P
Bought by
Dagenais Lionel Henry and Dagenais Sandra Kay
Seller's Agent
Linda Buzzalini
Linda Buzzalini, Independent Broker
Buyer's Agent
Patrick Jones
Coldwell Banker Distinctive Properties
List Price
$895,000
Sold Price
$875,000
Premium/Discount to List
-$20,000
-2.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.41%
Purchase Details
Closed on
Jan 30, 2002
Bought by
Palmer John P
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Caglioti Thomas A | -- | None Listed On Document | |
| Dagenais Lionel Henry | $875,000 | Colorado Title & Closing Ser | |
| Palmer John P | $166,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Caglioti Thomas A | $600,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/30/2020 11/30/20 | Sold | $395,000 | -3.7% | $128 / Sq Ft | |
| 10/27/2020 10/27/20 | Pending | -- | -- | -- | |
| 07/30/2020 07/30/20 | Price Changed | $410,000 | -8.9% | $133 / Sq Ft | |
| 01/11/2020 01/11/20 | Price Changed | $450,000 | -48.6% | $146 / Sq Ft | |
| 12/14/2018 12/14/18 | Sold | $875,000 | -2.2% | $284 / Sq Ft | View Prior Sale |
| 10/24/2018 10/24/18 | Pending | -- | -- | -- | |
| 09/18/2018 09/18/18 | For Sale | $895,000 | 0.0% | $290 / Sq Ft | |
| 09/09/2018 09/09/18 | Pending | -- | -- | -- | |
| 08/31/2018 08/31/18 | For Sale | $895,000 | +80.8% | $290 / Sq Ft | |
| 07/18/2018 07/18/18 | Price Changed | $495,000 | +200.0% | $161 / Sq Ft | |
| 04/16/2018 04/16/18 | Sold | $165,000 | -87.3% | $54 / Sq Ft | View Prior Sale |
| 03/19/2018 03/19/18 | Pending | -- | -- | -- | |
| 10/12/2017 10/12/17 | Sold | $1,295,000 | -4.0% | $307 / Sq Ft | View Prior Sale |
| 08/22/2017 08/22/17 | Pending | -- | -- | -- | |
| 07/02/2017 07/02/17 | Price Changed | $1,349,000 | +693.5% | $319 / Sq Ft | |
| 05/10/2017 05/10/17 | Sold | $170,000 | -87.6% | $55 / Sq Ft | View Prior Sale |
| 04/11/2017 04/11/17 | Pending | -- | -- | -- | |
| 04/03/2017 04/03/17 | For Sale | $1,375,000 | +36.1% | $326 / Sq Ft | |
| 12/29/2016 12/29/16 | Sold | $1,010,000 | +494.1% | $285 / Sq Ft | View Prior Sale |
| 11/17/2016 11/17/16 | Pending | -- | -- | -- | |
| 10/24/2016 10/24/16 | For Sale | $170,000 | -5.6% | $55 / Sq Ft | |
| 10/24/2016 10/24/16 | For Sale | $180,000 | -84.4% | $58 / Sq Ft | |
| 09/01/2016 09/01/16 | For Sale | $1,155,000 | +16.1% | $326 / Sq Ft | |
| 11/26/2014 11/26/14 | For Sale | $995,000 | +437.8% | $323 / Sq Ft | |
| 02/20/2013 02/20/13 | Sold | $185,000 | -7.5% | $60 / Sq Ft | View Prior Sale |
| 02/03/2013 02/03/13 | Pending | -- | -- | -- | |
| 06/25/2012 06/25/12 | For Sale | $199,900 | -17.4% | $65 / Sq Ft | |
| 01/11/2012 01/11/12 | Sold | $242,000 | -11.7% | $78 / Sq Ft | View Prior Sale |
| 12/07/2011 12/07/11 | Pending | -- | -- | -- | |
| 06/13/2011 06/13/11 | For Sale | $274,000 | -- | $89 / Sq Ft |
Source: Colorado Real Estate Network (CREN)
Tax History Compared to Growth
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 | $4,035 | $97,070 | $17,530 | $79,540 |
| 2024 | $3,455 | $82,280 | $14,650 | $67,630 |
| 2023 | $3,455 | $85,970 | $15,310 | $70,660 |
| 2022 | $2,384 | $89,180 | $15,880 | $73,300 |
| 2021 | $2,397 | $57,770 | $12,630 | $45,140 |
| 2020 | $2,416 | $60,030 | $13,120 | $46,910 |
| 2019 | $2,315 | $60,030 | $13,120 | $46,910 |
| 2018 | $2,412 | $62,600 | $16,700 | $45,900 |
| 2017 | $2,361 | $62,600 | $16,700 | $45,900 |
| 2016 | $2,333 | $67,050 | $17,360 | $49,690 |
Source: Public Records
Agents Affiliated with this Home
-
-
Aspen Groen
Buyer's Agent in 2020
Aspen Groen
Aspen Groen, Independent Broker
(505) 215-0455
106 Total Sales
-
Linda Buzzalini
Seller's Agent in 2018
Linda Buzzalini
Linda Buzzalini, Independent Broker
(970) 749-4249
9 Total Sales
-
P
Buyer's Agent in 2018
Patrick Jones
Coldwell Banker Distinctive Properties
-
Kristin Daly
Buyer's Agent in 2018
Kristin Daly
The Wells Group of Durango, LLC
(970) 749-7798
82 Total Sales
-
Bobbie Carll
Seller's Agent in 2017
Bobbie Carll
Coldwell Banker Mountain Properties
(970) 946-6737
65 Total Sales
Map
Source: Colorado Real Estate Network (CREN)
MLS Number: 700571
APN: R423040
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