NOT LISTED FOR SALE

1042 Waterfall Ln Durango, CO 81301

Estimated Value: $877,000 - $1,004,000

4 Beds
2.5 Baths
2,003 Sq Ft
$467/Sq Ft Est. Value

Last Sold June 16, 2021

Last sale price $750,000 $374 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,124/month

14 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Breakfast Bar
  • Durango High School Rated A-
  • 2 Car Attached Garage
  • Open Space

About This Home

As of June 2021

Rare single level home in Waterfall Village! Cul-de-sac living, expansive views of the Animas Valley, 2 miles from the Durango hot springs and less than 10 minutes to downtown Durango. This home offers ample space for entertaining guests. The split floor plan offers excellent privacy to the master suite which includes a walk in closet, oversized tub and a large dual head shower. The master bedroom also features its own private deck overlooking the beautiful Valley. Hardwood floors throughout,12-foot ceilings, and a gas fireplace to keep you cozy during the winter months. The large modern kitchen offers plenty of cabinet space, stainless steel appliances, granite counter tops and a HUGE breakfast bar. Many features include- 4 large bedrooms, 2 car garage, sprinkler system, and additional parking/storage on the north side of the home. Waterfall village owners enjoy a private pond and access to the beautiful waterfall hiking trail. Don't miss your chance to own in the coveted Animas Valley.

Last Agent to Sell the Property

Chessie Hollibaugh

eXp Realty, LLC Listed on: 05/07/2021

eXp Realty, LLC

Last Buyer's Agent

Katherine Sumrall

Keller Williams Realty Southwest Associates, LLC

Keller Williams Realty Southwest Associates, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 0.31 Acre Lot
  • Open Space

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Mountain
  • Valley

Home Design

  • Split Level Home
  • Concrete Foundation
  • Composition Roof
  • Stick Built Home

Interior Spaces

  • 2,003 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Den with Fireplace
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available

Community Details

  • Waterfall Villiage HOA

Listing and Financial Details

  • Assessor Parcel Number 559728402027

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Range Top, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave
  • Estimated Total Acres: 0.31
  • Class: RESIDENTIAL
  • Em Deposit: 10,000
  • Em Holder: Title Company
  • Legal Lot Block: Subdivision: WATERFALL VILLAGE P1 Block: 0 Lot: 27 WATERFALL VILLAGE PUD PHASE, III - PROJ 93-242 1042 WATERFALL LN DURANGO 81301
  • List Price per Sq Ft: 349.43
  • Lot Size Acreage: .25-.5
  • Parcel Id Number: 559728402027
  • Price Per Sq Ft: 374.44
  • Property Description: Adj to Open Space
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Residence Style: Split-Level
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 374.44
  • Street Designation: Lane
  • Tax Account Id: 5597-284-02-027
  • Zoning: Residential Single Family
  • Type: Stick Built
  • HOA Fees: Yes
  • Internet Provider: Spectrum/Charter
  • Internet Service: Yes
  • Total Taxes Dollar: $1,377.00
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Dining Room: Kitchen Bar, Kitchen/Dining
  • Bedrooms: 4
  • Flooring: Hardwood
  • Estimated Total Sq Ft: 2003
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 3
  • Fireplace Location Type: Den/Family Room
  • Foundation: Concrete
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Construction Type: Concrete/Block
  • Roof: Composition
  • Views: Mountains, Valley

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Natural Gas
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Heating System: Forced Air, Fireplace
  • Sewer Supplier: Animas Water Company
  • Water Heater: Gas Water Heater
  • Water Supplier: Animas Water Company

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 75.00
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: Waterfall villiage

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2021
Sold by
Gann Christopher Howard
Bought by
Christopher And Linda Gann Trust
Current Estimated Value
$935,504

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 16, 2021
Sold by
Muse Ian and Muse For
Bought by
Gann Christopher Howard
Seller's Agent
Chessie Hollibaugh
eXp Realty, LLC
Buyer's Agent
Katherine Sumrall
Keller Williams Realty Southwest Associates, LLC
List Price
$699,900
Sold Price
$750,000
Premium/Discount to List
$50,100
7.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%
Original Mortgage
$548,250
Outstanding Balance
$496,372
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$439,132

Purchase Details

Closed on
Nov 20, 2013
Sold by
Ahern Adam C and Ahern Elizabeth A
Bought by
Muse Ian and Muse Flor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2010
Sold by
Kern Rick E and Kern Susanne
Bought by
Ahern Adam C and Ahern Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,750
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2002
Bought by
Muse Ian and Muse Flor
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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Purchase History

Date Buyer Sale Price Title Company
Christopher And Linda Gann Trust -- None Available
Gann Christopher Howard $750,000 Colorado Ttl & Closing Svcs
Muse Ian $375,000 Land Title Guarantee Company
Ahern Adam C $365,000 Land Title Guarantee Company
Muse Ian $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gann Christopher Howard $548,250
Previous Owner Muse Ian $356,250
Previous Owner Ahern Adam C $346,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2021 06/16/21 Sold $750,000 +7.2% $374 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $699,900 -- $349 / 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 $2,309 $52,910 $13,930 $38,980
2024 $1,986 $45,770 $10,230 $35,540
2023 $1,986 $48,910 $10,930 $37,980
2022 $1,497 $51,290 $11,460 $39,830
2021 $1,507 $35,130 $7,400 $27,730
2020 $1,377 $33,070 $6,860 $26,210
2019 $1,322 $33,070 $6,860 $26,210
2018 $1,151 $29,140 $6,480 $22,660
2017 $1,128 $29,140 $6,480 $22,660
2016 $1,066 $29,790 $7,040 $22,750
2015 $1,005 $29,790 $7,040 $22,750
2014 -- $27,980 $6,450 $21,530
2013 -- $27,570 $6,450 $21,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 781710

Colorado Real Estate Network (CREN)

APN: R417594