Seller's Agent in 2022
Katie Sturm
Legacy Properties West Sotheby's Int. Realty
(970) 799-3975
10 in this area
134 Total Sales
1001 E 5th Ave Durango, CO 81301
The Grid NeighborhoodEstimated Value: $911,000 - $1,109,000
4
Beds
2
Baths
1,903
Sq Ft
$517/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Sun or Florida Room
- Great Room
- Park Elementary School Rated A-
- Corner Lot
- Covered patio or porch
About This Home
As of September 2022Charming 1930s restored historic home located in the Avenues of downtown Durango. Situated on a corner lot with lots of natural light, this 1903 SF home has lovely landscaping, a brick paver patio, and a 2 car garage. You can't beat this location! just a few blocks to downtown Durango on a quiet neighborhood block. This is an ideal place to live with easy access to Main Avenue restaurants and shops as well as the Sky Steps to Ft. Lewis College. The main floor of the home has a light-filled living room and dining room accented with curved plaster walls and flanked with large banks of windows. The main level has 3 bedrooms and 1 bath, a recently updated kitchen and serene back patio. Toward the rear of the home is sunny mud room and a staircase leading to a finished basement, which can also be accessed via its own entry off of the back patio. A large 2 car garage and basement storage and utility area round out the home. So many options for this prime property - live in the home as one large house. make it a 30 day+ rental, or permit the finished basement as an ADU (owner-occupied) since it is already equipped with a kitchenette, 3/4 bath, a bedroom, and a living area. Throughout the home are numerous unique period details including antique candle sconces, built-in nooks and shelving, wood mullioned windows with custom screens, and refinished hardwood flooring. The current owner is the third owner and has taken great care to update the home while preserving its historic character. Improvements include: new sewer line, new forced air furnace, kitchen, bath, refinished floors, vinyl plank flooring, central evaporative cooler, full landscaping and sprinkler system, upgraded electrical panel, and plumbing updates. Currently a vacation rental but permit does NOT transfer. A new owner may rent it for 30 day+ without a permit per City guidelines. Basement is typical of older homes in the city and does has lower ceilings and a basic finish level. It would be a superb secondary living space, workout studio or could be nice media room or bonus room. Showings available Sat 8/13 and Sunday 8/14 from 9-3 and on evenings thereafter due to Airbnb bookings.
Last Agent to Sell the Property
Legacy Properties West Sotheby's Int. Realty Listed on: 08/09/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,263
Year Built
- Built in 1930 | Remodeled in 2020
Lot Details
- 4,530 Sq Ft Lot
- Landscaped
- Corner Lot
- Sprinkler System
Home Design
- Bungalow
- Concrete Foundation
- Metal Roof
- Stick Built Home
- Stucco
Interior Spaces
- 1,903 Sq Ft Home
- 1-Story Property
- Wood Frame Window
- Great Room
- Family Room
- Dining Room
- Sun or Florida Room
- Finished Basement
Kitchen
- Oven or Range
- Dishwasher
Flooring
- Wood
- Laminate
- Concrete
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- In-Law or Guest Suite
Laundry
- Dryer
- Washer
Parking
- 2 Car Detached Garage
- Garage Door Opener
Schools
- Park K-5 Elementary School
- Escalante 6-8 Middle School
- Durango 9-12 High School
Utilities
- Forced Air Heating and Cooling System
- Evaporated cooling system
- Heating System Uses Natural Gas
- Gas Water Heater
- High Speed Internet
- Internet Available
- Phone Available
- Cable TV Available
Additional Features
- Covered patio or porch
- Accessory Dwelling Unit (ADU)
Listing and Financial Details
- Assessor Parcel Number 566529104009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 9, 2022
Closed on
Sep 7, 2022
Sold by
Schmitt Victoria L
Bought by
Capaccioli Revocable Living Trust
Seller's Agent
Katie Sturm
Legacy Properties West Sotheby's Int. Realty
Buyer's Agent
Christina Rinderle
Durango Land and Homes
List Price
$775,000
Sold Price
$781,271
Premium/Discount to List
$6,271
0.81%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,969
Avg. Annual Appreciation
8.31%
Purchase Details
Closed on
Dec 8, 2010
Sold by
Engle Antonia J
Bought by
Borrego Ronald J and Schmitt Victoria L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.22%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Capaccioli Revocable Living Trust | $781,271 | Durango Title | |
| Borrego Ronald J | $300,000 | Colorado Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Schmitt Victoria L | $224,800 | |
| Previous Owner | Borrego Ronald J | $225,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/08/2022 09/08/22 | Sold | $781,271 | +0.8% | $411 / Sq Ft |
| 08/16/2022 08/16/22 | Pending | -- | -- | -- |
| 08/09/2022 08/09/22 | For Sale | $775,000 | -- | $407 / 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 |
|---|---|---|---|---|
| 2024 | $1,804 | $44,880 | $10,010 | $34,870 |
| 2023 | $1,804 | $48,030 | $10,720 | $37,310 |
| 2022 | $1,258 | $50,380 | $11,240 | $39,140 |
| 2021 | $1,263 | $31,830 | $9,680 | $22,150 |
| 2020 | $1,168 | $30,390 | $9,580 | $20,810 |
| 2019 | $1,118 | $30,390 | $9,580 | $20,810 |
| 2018 | $1,037 | $28,560 | $9,080 | $19,480 |
Source: Public Records
Agents Affiliated with this Home
-
Katie Sturm
-
Christina Rinderle
Buyer's Agent in 2022
Christina Rinderle
Durango Land and Homes
(970) 946-2279
29 in this area
327 Total Sales
Map
Source: Colorado Real Estate Network (CREN)
MLS Number: 797161
APN: R004904
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