Seller's Agent in 2021
Jaime Marquez
Coldwell Banker Mountain Properties
(970) 759-8919
24 in this area
73 Total Sales
11 Terra Blue (Lot 15) Way Durango, CO 81301
Edgemont NeighborhoodEstimated Value: $766,284 - $876,000
0.1
Acre
$8,175,710
Price per Acre
4,356
Sq Ft Lot
Highlights
- Fishing Allowed
- Mountain View
- Cul-De-Sac
- Durango High School Rated A-
- Wooded Lot
About This Lot
As of February 2021This lot comes with conceptual house plans for a single family 2-story 1922 square foot home offering open concept living with 3 bedrooms plus a den and a 2 car garage. Elements 2 is a newer subdivision, within the 500-acre master planned community of Edgemont Highlands, and conveniently located about 5 miles east of historic downtown Durango. Situated at approximately 7500 feet among the Ponderosa Pines and the Oak, it is a true Colorado dream setting. The first few homes have just been completed and you can bring your own builder or we can introduce you to some! Conceptual plans are available for homes ranging from 1,300 to 2,200 square feet. Situated along a cul-de-sac and backing to acres and acres of forest to explore, these 17 lots are unique. The Elements subdivision was designed as "clustered homes" with smaller lots to offer more common area open space. This minimizes maintenance for the homeowners without compromising on the overall open area in the neighborhood. Some of the lots are platted for individual homes and some are platted for duplex townhomes – there is a variety. The Elements Homeowners Association maintains all the common areas and native xeriscaping there as well for the owners. Elements is served by central water and sewer, high speed internet and natural gas. Enjoy all the neighborhood amenities that Edgemont Highlands offers including: Community Lodge with full kitchen and oversized porch, neighborhood Herb Garden, 10+ miles of Hiking Trails, over 1.5 miles of Florida River access for blue ribbon fly fishing and over 200 acres of Open Space to explore! Social community gatherings are planned at the Lodge periodically for BBQs and holidays. A recent (April 2020) CBRE appraisal for the Elements subdivision reported these demographics: Within a 1 mile radius: 2019 population - 721 2019 avg household income - $120,425 Within a 5 mile radius: 2019 population - 15,722 2019 avg household income - $93,760 Elements assessments are $125 per lot per quarter + Edgemont assessments are $135 per lot per quarter. Lot buyer is responsible for these items per lot at closing: $500 to reserve fund for Elements Assoc., $500 reserve fund to Edgemont Assoc., and $250 HOA Admin fee for each Elements and Edgemont.
Property Details
Property Type
- Land
Est. Annual Taxes
- $320
Year Built
- 2021
Lot Details
- 4,356 Sq Ft Lot
- Cul-De-Sac
- Sloped Lot
- Wooded Lot
- Property is zoned Residential Multi Family
HOA Fees
- $87 Monthly HOA Fees
Property Views
- Mountain Views
Schools
- Riverview K-5 Elementary School
- Miller 6-8 Middle School
- Durango 9-12 High School
Utilities
- Septic System
- Internet Available
- Phone Available
- Cable TV Available
Listing and Financial Details
- Security Deposit $10,000
- Assessor Parcel Number 567107317001
Community Details
Overview
- Association fees include road maintenance, clubhouse, snow removal, fishing rights
- Elements & Edgemont Highlands HOA
Recreation
- Fishing Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 30, 2022
Sold by
Rjg Investments Llc
Bought by
Wolanow Ilane and Hendrex Alex
Total Days on Market
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Outstanding Balance
$553,472
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$238,608
Purchase Details
Listed on
Jan 4, 2021
Closed on
Feb 20, 2021
Sold by
Elements Durango Llc
Bought by
Rjg Investments Llc
Seller's Agent
Jaime Marquez
Coldwell Banker Mountain Properties
Buyer's Agent
Scott Takacs
R1 Colorado
List Price
$104,500
Sold Price
$94,500
Premium/Discount to List
-$10,000
-9.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.10%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wolanow Ilane | $715,000 | None Listed On Document | |
| Rjg Investments Llc | $94,500 | Land Title Guarantee Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wolanow Ilane | $572,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/26/2021 02/26/21 | Sold | $94,500 | -9.6% | -- |
| 01/26/2021 01/26/21 | Pending | -- | -- | -- |
| 01/04/2021 01/04/21 | For Sale | $104,500 | -- | -- |
Source: Colorado Real Estate Network (CREN)
Tax History Compared to Growth
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 | $1,663 | $33,190 | $6,020 | $27,170 |
| 2023 | $1,663 | $36,210 | $6,560 | $29,650 |
| 2022 | $546 | $38,240 | $6,930 | $31,310 |
| 2021 | $339 | $6,660 | $6,660 | $0 |
| 2020 | $339 | $6,800 | $6,800 | $0 |
| 2019 | $318 | $6,600 | $6,600 | $0 |
| 2018 | $374 | $7,710 | $7,710 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jaime Marquez
-
Cindy Marquez
Seller Co-Listing Agent in 2021
Cindy Marquez
Coldwell Banker Mountain Properties
(970) 769-0842
22 in this area
54 Total Sales
-
Buyer's Agent in 2021
Scott Takacs
R1 Colorado
(970) 844-5001
Map
Source: Colorado Real Estate Network (CREN)
MLS Number: 777545
APN: R436546
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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