NOT LISTED FOR SALE

1000 Red Rocks Rd Durango, CO 81301

Estimated Value: $1,918,000 - $2,194,693

1.55 Acres
$1,335,434 Price per Acre
67,518 Sq Ft Lot

Last Sold July 15, 2020

Last sale price $375,000

Est. 452% increase in value since last sale

Current estimated payment $11,597/month

Highlights

  • Mountain View
  • Durango High School Rated A-
  • Corner Lot

About This Lot

As of July 2020

Are you in the market for NEW construction, high-end luxury finishes, in one of the most desirable areas of Durango? This is what you have been looking for. Located in the coveted Red Rock Ranch Subdivision, 1000 Red Rock Drive has partnered with renowned custom home design-build firm Kogan Builders, to offer a build to suit option for this 1.5 acre lot with irrigation. All the luxury of Kogan Builders and all the conveniences of purchasing a new home. The to be constructed home inherently offers you 3 bedrooms 2.5 bathrooms, 3,000 sq. ft. of living space, and 2 car garage (all of which you can completely customize) on one of the most captivating Animas Valley lots available on the market. Whether you are looking for a turn-key build process, or would like to build to suit your dream home, or you fall in the middle with the desire to customize some features, yet don't want to complete the home building process from scratch ... you will find everything you are looking for here at 1000 Red Rocks with Kogan Builders. All design features, specifications, and pricing are subject to buyer selection and HOA approval. Further insight available on potential product finishes, opportunity to walk the lot with the builder, and more. Photos include the common area park exclusive to Red Rock members and previous home features built by Kogan Builders.

Last Agent to Sell the Property

Katherine Sumrall

Keller Williams Realty Southwest Associates, LLC Listed on: 07/01/2020

Keller Williams Realty Southwest Associates, LLC

Co-Listed By

Scott Kurlander

Keller Williams Realty Southwest Associates, LLC

Last Buyer's Agent

Durango NON MEMBER

NON-MEMBER/FSBO Durango

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,541

Year Built

  • 2021

Lot Details

  • 1.55 Acre Lot
  • Corner Lot
  • Level Lot

HOA Fees

  • $267 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Eco-Friendly Details

  • Drip Irrigation

Schools

  • Animas Valley K-5 Elementary School
  • Miller 6-8 Middle School
  • Durango 9-12 High School

Community Details

  • Association fees include irrigation, road maintenance, snow removal
  • Red Rocks Ranch HOA
  • Red Rock Ranch Subdivision

Listing and Financial Details

  • Security Deposit $7,000
  • Assessor Parcel Number 559710114042

Property Details

Property Type

Land

Est. Annual Taxes

$3,541

Year Built

2021

Lot Details

0

HOA Fees

$267 per month

Listing Details

  • Class: Land
  • Em Holder: Land Title
  • Legal Lot Block: Subdivision: RED ROCK RANGE Lot: 1A AMENDED PL/LOT CONS PROJ 99-267 #788515 6-26-00 1000 RED ROCK RD DURANGO 81301
  • Lot Size Acreage: 1-5 Acres
  • Parcel Id Number: 559710114042
  • Property Description: Corner
  • Street Descriptionaccess: Private, Paved
  • Street Designation: Road
  • Zoning: Residential Single Family
  • HOA Fee Frequency: Bi-Annual
  • Domestic Sewer: Sewer Tap Available
  • Domestic Water: Tap Available
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 1.55
  • Current Property Use: Residential Single Family
  • Em Deposit: 7000
  • Possible Property Use: Residential Single Family
  • Irrigation Systemrights: Drip System, Open Ditch
  • Mineral Rights: Unknown
  • Price Acre: 251612.9
  • Topography: Level
  • Price per Sq Ft: 5.78
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 241935.48
  • Water Tap Available: Yes
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Total Taxes Dollar: 3,541.16
  • Prop Description Remarks: Are you in the market for NEW construction, high-end luxury finishes, in one of the most desirable areas of Durango? This is what you have been looking for. Located in the coveted Red Rock Ranch Subdivision, 1000 Red Rock Drive has partnered with renowned custom home design-build firm Kogan Builders, to offer a build to suit option for this 1.5 acre lot with irrigation. All the luxury of Kogan Builders and all the conveniences of purchasing a new home. The to be constructed home inherently offers you 3 bedrooms 2.5 bathrooms, 3,000 sq. ft. of living space, and 2 car garage (all of which you can completely customize) on one of the most captivating Animas Valley lots available on the market. Whether you are looking for a turn-key build process, or would like to build to suit your dream home, or you fall in the middle with the desire to customize some features, yet don't want to complete the home building process from scratch ... you will find everything you are looking for here at 1000 Red Rocks with Kogan Builders. All design features, specifications, and pricing are subject to buyer selection and HOA approval. Further insight available on potential product finishes, opportunity to walk the lot with the builder, and more. Photos include the common area park exclusive to Red Rock members and previous home features built by Kogan Builders.
  • Subdv Name: Red Rock Ranch
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2021

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains, Valley

Utilities

  • Utilities: Electricity Near, Natural Gas Near
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Water Supplier: Animas Water Company

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Irrigation, Road Maintenance, Snow Removal
  • Hoametro Fees: 1600
  • Hoa Name: Red Rocks Ranch

Schools

  • Elementary School: Animas Valley K-5
  • Middle School: Miller 6-8
  • High School: Durango 9-12
  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2019

MLS Schools

  • Elementary School: Animas Valley K-5
  • Middle School: Miller 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Jul 15, 2020
Sold by
Wells Family Trust
Bought by
Shamburger Whitney and Shamburger Michael
Seller's Agent
Katherine Sumrall
Keller Williams Realty Southwest Associates, LLC
Buyer's Agent
Durango NON MEMBER
NON-MEMBER/FSBO Durango
List Price
$390,000
Sold Price
$375,000
Premium/Discount to List
-$15,000
-3.85%
Total Days on Market
0
Current Estimated Value
$2,069,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,694,923
Avg. Annual Appreciation
43.42%

Purchase Details

Closed on
Oct 5, 2018
Sold by
Anne G Varis Revocable Trust
Bought by
Wells Family Trust

Purchase Details

Closed on
Jan 12, 2011
Sold by
Townsend Thomas E and Townsend Marian S
Bought by
Anne G Varis Revocable Trust

Purchase Details

Closed on
May 12, 2006
Sold by
Prana Place Llc
Bought by
Townsend Thomas E and Townsend Marian S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,019
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2006
Sold by
Eolus Peak Llc
Bought by
Prana Place Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2002
Bought by
Varis Anne G Revocable Trust
Source: Public Records

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Range of Values:

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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
Shamburger Whitney $375,000 Land Title Guarantee Company
Wells Family Trust $345,000 Title Durango
Anne G Varis Revocable Trust $300,000 Stewart Title
Townsend Thomas E $315,000 Colorado Land Title Company
Prana Place Llc $322,000 Land Title
Varis Anne G Revocable Trust $249,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Townsend Thomas E $50,000
Previous Owner Townsend Thomas E $343,019
Previous Owner Prana Place Llc $268,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold $375,000 -3.8% --
07/01/2020 07/01/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $390,000 -- --
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
2024 $4,141 $95,440 $36,130 $59,310
2023 $4,141 $99,080 $37,510 $61,570
2022 $1,935 $102,830 $38,930 $63,900
2021 $4,478 $104,420 $104,420 $0
2020 $3,689 $88,600 $88,600 $0
2019 $3,541 $88,600 $88,600 $0
2018 $3,126 $79,110 $79,110 $0
2017 $3,062 $79,110 $79,110 $0
2016 $2,718 $75,940 $75,940 $0
2015 $2,561 $75,940 $75,940 $0
2014 -- $69,610 $69,610 $0
2013 -- $69,610 $69,610 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 771544

Colorado Real Estate Network (CREN)

APN: R422273