NOT LISTED FOR SALE

1040 E 3rd Ave Durango, CO 81301

The Grid Neighborhood

Estimated Value: $1,183,391 - $1,488,000

3 Beds
2 Baths
2,264 Sq Ft
$588/Sq Ft Est. Value

About This Home

This home is located at 1040 E 3rd Ave, Durango, CO 81301 and is currently estimated at $1,331,598, approximately $588 per square foot. 1040 E 3rd Ave is a home located in La Plata County with nearby schools including Park Elementary School, Escalante Middle School, and Durango High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2021
Sold by
Gervais Guy Joseph and Gervais Kathryn J
Bought by
Gk Gervais Family Trust
Current Estimated Value
$1,331,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$455,501
Interest Rate
2.88%
Estimated Equity
$876,097

Purchase Details

Closed on
Apr 10, 2019
Sold by
Gervais Guy and Gervais Kathryn J
Bought by
Gk Gervais Family Trust

Purchase Details

Closed on
May 22, 2017
Sold by
Gervais Guy J and Gervais Kathryn J
Bought by
Gervais Kathryn J and Gervais Guy Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
3.27%
Mortgage Type
VA

Purchase Details

Closed on
Jan 14, 2002
Bought by
Gervais Guy Joseph and Gervais Kathryn J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

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Quantarium

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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
Gk Gervais Family Trust -- Land Title Guarantee
Gk Gervais Family Trust -- None Available
Gervais Kathryn J -- Colorado Title
Gervais Guy Joseph $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gk Gervais Family Trust $500,000
Closed Gervais Kathryn J $201,000
Source: Public Records

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 $2,405 $66,930 $13,400 $53,530
2024 $2,046 $57,610 $10,190 $47,420
2023 $2,046 $61,290 $10,840 $50,450
2022 $1,660 $63,570 $11,240 $52,330
2021 $1,667 $49,160 $9,680 $39,480
2020 $1,519 $46,650 $9,580 $37,070
2019 $1,453 $46,650 $9,580 $37,070
2018 $1,328 $43,770 $9,080 $34,690
2017 $1,299 $43,770 $9,080 $34,690
2016 $1,164 $43,670 $8,680 $34,990
2015 $1,090 $43,670 $8,680 $34,990
2014 -- $38,240 $8,340 $29,900
2013 -- $38,240 $8,340 $29,900
Source: Public Records

Map

Colorado La Plata County Durango 81301 The Grid

1040 E 3rd Ave, Durango, CO

Not Listed for Sale

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