$490,000
SOLD OCT 10, 2024

1001 Main Ave Unit 109 Durango, CO 81301

The Grid Neighborhood
1 Bed
1 Bath
423 Sq Ft
2007 Built

Recently Sold

$1,158 Per Sq Ft

3% Above List Price

1 Day on Market

Highlights

  • Furnished
  • 1-Story Property
  • 3-minute walk to Buckley Park
  • Park Elementary School Rated A-

About This Home

As of October 2024

Looking for a property with short term rental income potential within City limits? Don't miss out on this rare chance to purchase a Jarvis Suites unit, one of just a handful of in-town complexes where short term rentals are permitted (with City approval). This property boosts further potential with the ability to accommodate commercial use. The unit comes with one assigned parking space. This unit has been completely renovated down to the studs in 2007, remodeled in 2024 with new LVP flooring, fresh paint, and furnished completely including decor and accessories so it is ready to go!

Last Agent to Sell the Property

Brittany McCoy

Legacy Properties West Sotheby's Int. Realty

Legacy Properties West Sotheby's Int. Realty

Co-Listed By

Maile King

Legacy Properties West Sotheby's Int. Realty

Last Buyer's Agent

Dan Korman

Alpenglow Properties LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $637

Year Built

  • Built in 2007 | Remodeled in 2024

Interior Spaces

  • 423 Sq Ft Home
  • 1-Story Property
  • Furnished

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Park K-5 Elementary School
  • Escalante 6-8 Middle School
  • Durango 9-12 High School

Utilities

  • Internet Available

Community Details

  • HOA YN
  • Jarvis Suites HOA
  • Jarvis Suites Condos Subdivision

Listing and Financial Details

  • Assessor Parcel Number 566529210110

Property Details

Home Type

Condominium

Est. Annual Taxes

$637

Year Built

Built in 2007 | Remodeled in 2024

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Em Deposit: 10000
  • Em Holder: Title Company
  • Legal Lot Block: Subdivision: JARVIS CONDOMINIUMS Unit: 109 1001 MAIN AVE #109 DURANGO 81301
  • Parcel Id Number: 566529210110
  • Price Per Sq Ft: 1158.39
  • Real Estate Included: Yes
  • Realist Id: 5665-292-10-110
  • Residence Stories: One Story
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 1158.39
  • Street Designation: Avenue
  • Zoning: Mixed-Use
  • Type: Condo
  • Hoa Dogs Allowed: Yes-w/restrictions
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Provider: Charter Spectrum
  • Internet Service: Yes
  • Total Taxes Dollar: 637.04
  • Year Built: 2007
  • Year Renovated: 2024
  • Foreign Owned Y N: No
  • Prop Description Remarks: Looking for a property with short term rental income potential within City limits? Don't miss out on this rare chance to purchase a Jarvis Suites unit, one of just a handful of in-town complexes where short term rentals are permitted (with City approval). This property boosts further potential with the ability to accommodate commercial use. The unit comes with one assigned parking space. This unit has been completely renovated down to the studs in 2007, remodeled in 2024 with new LVP flooring, fresh paint, and furnished completely including decor and accessories so it is ready to go!
  • Subdv Name: Jarvis Suites Condos
  • Unit Suite Number: 109
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 17

Interior Features

  • Bedrooms: 1
  • Estimated Total Sq Ft: 423
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Office Den: 0

Utilities

  • Electric Supplier: La Plata Electric Association
  • Sewer Supplier: City of Durango
  • Water Supplier: City of Durango

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: $200-$240
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: Jarvis Suites HOA

Schools

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

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Park K-5
  • Middle School: Escalante 6-8

Map

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

Property History

Date Event Price Change Sq Ft Price
10/10/2024 10/10/24 Sold $490,000 +2.3% $1,158 / Sq Ft
08/30/2024 08/30/24 Pending -- -- --
08/29/2024 08/29/24 Price Changed $479,000 +0.8% $1,132 / Sq Ft
08/29/2024 08/29/24 For Sale $475,000 +35.7% $1,123 / Sq Ft
03/23/2023 03/23/23 Sold $350,000 +7.7% $827 / Sq Ft
03/09/2023 03/09/23 Pending -- -- --
03/07/2023 03/07/23 For Sale $325,000 -- $768 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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 $637 $15,850 -- $15,850
2023 $637 $18,710 $0 $18,710
2022 $663 $20,270 $0 $20,270
2021 $666 $16,780 $0 $16,780
2020 $636 $16,550 $0 $16,550
2019 $0 $16,710 $0 $16,710
2016 $500 $15,350 $0 $15,350
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $367,500 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $490,000 Land Title Guarantee
Special Warranty Deed $350,000 --
Special Warranty Deed -- --
Special Warranty Deed $270,000 Land Title Guarantee Co
Warranty Deed -- None Available
Warranty Deed $190,000 Land Title Guarantee Company
Source: Public Records

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Source: Colorado Real Estate Network (CREN)

MLS Number: 817519

Colorado Real Estate Network (CREN)

APN: R431173