NOT LISTED FOR SALE

1001 Main Ave Unit 109 Durango, CO 81301

The Grid Neighborhood

Estimated Value: $435,000 - $518,000

1 Bed
1 Bath
423 Sq Ft
2007 Built

Last Sold October 10, 2024

Last sale price $490,000 $1,158 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,602/month

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 Listed on: 08/29/2024

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
  • 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 Bathrooms: 1
  • 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

  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2024
Closed on
Oct 10, 2024
Sold by
Brown Steven Patrick and Fisher Brown Alison
Bought by
Blakstad Whitney and Riddle Bradley
Seller's Agent
Brittany McCoy
Legacy Properties West Sotheby's Int. Realty
Buyer's Agent
Dan Korman
Alpenglow Properties LLC
List Price
$475,000
Sold Price
$490,000
Premium/Discount to List
$15,000
3.16%
Views
6
Current Estimated Value
$483,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,526
Avg. Annual Appreciation
-1.11%
Original Mortgage
$367,500
Outstanding Balance
$364,404
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$119,070

Purchase Details

Listed on
Mar 7, 2023
Closed on
Mar 27, 2023
Sold by
Luminere Durango Llc
Bought by
Brown Steven Patrick and Fisher Brown Alison
Seller's Agent
Lisa Govreau
RE/MAX Pinnacle
Buyer's Agent
Brittany McCoy
Legacy Properties West Sotheby's Int. Realty
List Price
$325,000
Sold Price
$350,000
Premium/Discount to List
$25,000
7.69%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.24%

Purchase Details

Listed on
Mar 7, 2023
Closed on
Mar 20, 2023
Sold by
Briggs Tracey
Bought by
Luminere Durango Llc
Seller's Agent
Lisa Govreau
RE/MAX Pinnacle
Buyer's Agent
Brittany McCoy
Legacy Properties West Sotheby's Int. Realty
List Price
$325,000
Sold Price
$350,000
Premium/Discount to List
$25,000
7.69%
Views
22

Purchase Details

Closed on
Jul 5, 2019
Sold by
109 Main Llc
Bought by
Briggs Tracey

Purchase Details

Closed on
Dec 17, 2013
Sold by
The Bryson Richardson Irrevocable Trust
Bought by
109 Main Llc

Purchase Details

Closed on
Jan 31, 2013
Sold by
Ewing Eric S and Joyce Sondra K
Bought by
The Bryson Richardson Irrevocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Blakstad Whitney $490,000 Land Title Guarantee
Brown Steven Patrick $350,000 --
Luminere Durango Llc -- --
Briggs Tracey $270,000 Land Title Guarantee Co
109 Main Llc -- None Available
The Bryson Richardson Irrevocable Trust $190,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blakstad Whitney $367,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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 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 $749 $25,190 -- $25,190
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

Agents Affiliated with this Home

  • Brittany McCoy

    Seller's Agent in 2024

    Brittany McCoy

    Legacy Properties West Sotheby's Int. Realty

    (970) 946-3238

    4 in this area

    97 Total Sales

    Brittany McCoy
    Section Image
  • Maile King

    Seller Co-Listing Agent in 2024

    Maile King

    Legacy Properties West Sotheby's Int. Realty

    (970) 946-3237

    5 in this area

    111 Total Sales

    Maile King
    Section Image
  • Dan Korman

    Buyer's Agent in 2024

    Dan Korman

    Alpenglow Properties LLC

    (970) 382-1162

    4 in this area

    82 Total Sales

    Dan Korman
    Section Image
  • Lisa Govreau

    Seller's Agent in 2023

    Lisa Govreau

    RE/MAX

    (970) 749-4944

    1 in this area

    82 Total Sales

    Lisa Govreau
    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 817519

Colorado Real Estate Network (CREN)

APN: R431173

Colorado La Plata County Durango 81301 The Grid

1001 Main Ave Unit 109, Durango, CO

Not Listed for Sale

Condos

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