Seller's Agent in 2022
Justin Osborn
The Wells Group of Durango, LLC
(970) 946-3935
332 Total Sales
10555 Highway 550 Durango, CO 81303
Estimated Value: $693,589 - $714,000
3
Beds
2
Baths
1,200
Sq Ft
$587/Sq Ft
Est. Value
Highlights
- Barn
- Horses Allowed On Property
- 24.99 Acre Lot
- Durango High School Rated A-
- RV or Boat Parking
- Mountain View
About This Home
As of July 2022One level ranch home on 25 irrigated acres with good water rights only 15 minutes from Durango. No HOA/No Covenants and No Conservation Easement. Additional improvements include a 55' x 100' hay barn, 30' x 30' shop with attached 30' x 70' equipment storage, RV hook-up, round pen, corrals, and 9 raised garden beds. Main level of the home is approximately 1,200 sq ft and there is another 1,200 sq ft of unfinished basement. Water rights consist of 8 shares of class C adjudicated water with Florida Canal and 12 acre feet of project water with Florida Canal. Located at 6,500' elevation with excellent southern exposure offering a more extended growing season than other parts of Durango. Annual taxes are only $1,215.66.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,216
Year Built
- Built in 1982
Lot Details
- 24.99 Acre Lot
- Property is Fully Fenced
- Irrigation
- Property is zoned Agriculture
Home Design
- Ranch Style House
- Metal Roof
- Stick Built Home
Interior Spaces
- 1,200 Sq Ft Home
- Living Room with Fireplace
- Mountain Views
- Unfinished Basement
Kitchen
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Parking
- 2 Car Garage
- RV or Boat Parking
Outdoor Features
- Deck
- Separate Outdoor Workshop
Schools
- Florida Mesa K-5 Elementary School
- Escalante 6-8 Middle School
- Durango 9-12 High School
Farming
- Barn
- 22 Irrigated Acres
- Pasture
- Cattle
- Hogs
- Sheep or Goats
Horse Facilities and Amenities
- Horses Allowed On Property
Utilities
- Forced Air Heating System
- Pellet Stove burns compressed wood to generate heat
- Heating System Powered By Owned Propane
- Heating System Uses Propane
- Irrigation Water Rights
- Well
- Septic Tank
- Septic System
- Internet Available
- Phone Available
Listing and Financial Details
- Assessor Parcel Number 590531400276
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 3, 2022
Closed on
Jul 6, 2022
Sold by
Catalano Justin P
Bought by
Rushworth David Daniel and Rushworth Amber Lynn
Seller's Agent
Justin Osborn
The Wells Group of Durango, LLC
Buyer's Agent
Justin Osborn
The Wells Group of Durango, LLC
List Price
$699,900
Sold Price
$625,000
Premium/Discount to List
-$74,900
-10.7%
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
$78,897
Avg. Annual Appreciation
3.16%
Original Mortgage
$625,000
Outstanding Balance
$593,802
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$110,095
Purchase Details
Closed on
Aug 3, 2017
Sold by
Catalano Sheryl L and Catalano Philip S
Bought by
Catalano Justin P and Catalano Jessica S
Purchase Details
Closed on
Jul 9, 2015
Sold by
Ledford Margaret J
Bought by
Catalano Sheryl L and Catalano Philip S
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rushworth David Daniel | $625,000 | None Listed On Document | |
| Catalano Justin P | -- | None Available | |
| Catalano Justin P | -- | None Available | |
| Catalano Sheryl L | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rushworth David Daniel | $625,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/07/2022 07/07/22 | Sold | $625,000 | -10.7% | $521 / Sq Ft |
| 05/26/2022 05/26/22 | Pending | -- | -- | -- |
| 05/03/2022 05/03/22 | For Sale | $699,900 | -- | $583 / 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 |
|---|---|---|---|---|
| 2025 | $1,787 | $36,790 | $13,590 | $23,200 |
| 2024 | $1,217 | $30,040 | $12,980 | $17,060 |
| 2023 | $1,217 | $24,730 | $3,230 | $21,500 |
| 2022 | $1,237 | $26,240 | $3,230 | $23,010 |
| 2021 | $1,263 | $22,970 | $3,990 | $18,980 |
| 2020 | $1,191 | $21,860 | $3,910 | $17,950 |
| 2019 | $1,124 | $21,860 | $3,910 | $17,950 |
| 2018 | $1,125 | $21,740 | $4,390 | $17,350 |
| 2017 | $1,190 | $23,900 | $6,320 | $17,580 |
Source: Public Records
Agents Affiliated with this Home
-
Justin Osborn
Map
Source: Colorado Real Estate Network (CREN)
MLS Number: 792967
APN: R419416
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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