NOT LISTED FOR SALE

1102 Sheep Springs Durango, CO 81301

Estimated Value: $320,928

35.52 Acres
$9,035 Price per Acre
1,547,251 Sq Ft Lot

Last Sold October 26, 2023

Last sale price $305,000

Est. 5% increase in value since last sale

Current estimated payment $1,999/month

40 Days on Market

Highlights

  • Horses Allowed On Property
  • Home fronts a creek
  • Mountain View
  • Park Elementary School Rated A-
  • 35.52 Acre Lot
  • Wooded Lot

About This Lot

As of October 2023

Gorgeous 35-acre lot in a premier, gated Durango Ridge Ranch of 35-acre parcels on 1200+ acres boasting privacy and views of the La Plata mountains, Twin Buttes, and Perins Peak. Probably the most private lots on the ranch, with the domestic water well already drilled. The topography is amazing with hundreds of mature Ponderosa pines, a seasonal creek, and great views. The parcel provides privacy and beauty for your new home site, and the large, leveled building envelope encompasses most of the top of the lot, allowing for the best views. The minimum square footage for a house is 1500 SF. The subdivision allows up to 7 large farm animals (horses), and the homeowner can build a barn as well. If you are a sportsman, or outdoor enthusiast, you will enjoy the private access in the subdivision for hiking, hunting, and horseback riding into the Perins Peak State Wildlife Area. Additional recreational opportunities are within 10 minutes at Hesperus Ski Hill and enjoy unlimited winter/summer activities in nearby La Plata Canyon. The property has abundant wildlife habitat, and commonly seen are migrating elk, deer, coyote, red tail hawks, eagles, and many other small animals and sporting birds. All roads are well maintained, dust free, and Durango Ridge Ranch has been given the Firewise Community Award. There are no telephone poles to spoil the beautiful views because all phone and electric lines are underground. Direct access off highway 160 allows for a drive of about 10 minutes to downtown Durango. Taxes are $9.20/year while land is undeveloped because of an agricultural tax break. This lot provides an opportunity for the next owner to create a wonderful home with a great mix of Ponderosa pine trees, privacy and views.

Last Agent to Sell the Property

Gabi Bergstrom

RE/MAX Pinnacle Listed on: 08/14/2023

RE/MAX Pinnacle

Last Buyer's Agent

Joshua Spaeder

Keller Williams Realty Southwest Associates, LLC

Keller Williams Realty Southwest Associates, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10

Lot Details

  • 35.52 Acre Lot
  • Home fronts a creek
  • Level Lot
  • Wooded Lot
  • Property is zoned Agriculture

HOA Fees

  • $250 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Schools

  • Park K-5 Elementary School
  • Escalante 6-8 Middle School
  • Durango 9-12 High School

Utilities

  • Propane
  • Well
  • Engineered Septic

Additional Features

  • Livestock
  • Horses Allowed On Property

Community Details

  • Association fees include road maintenance, snow removal
  • Durango Ridge HOA
  • Durango Ridge Subdivision

Listing and Financial Details

  • Security Deposit $20,000
  • Assessor Parcel Number 566120300018

Property Details

Property Type

Land

Est. Annual Taxes

$10

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Class: Land
  • Em Holder: Land Title
  • Legal Lot Block: Subdivision: DURANGO RIDGE RANCH Block: 0 Lot: 21 1102 SHEEP SPRINGS RD DURANGO 81301
  • Livestock Allowed: Horses
  • Lot Size Acreage: 35-50 Acres
  • Parcel Id Number: 566120300018
  • Property Description: Wooded Lot
  • Street Descriptionaccess: County, Private, Paved, Dirt
  • Street Designation: Road
  • Waterfront Type: Creek
  • Zoning: Agriculture, Residential Single Family
  • HOA Fee Frequency: Annually
  • Domestic Sewer: Engineered Septic
  • Domestic Water: Domestic Installed/Paid, Domestic Well
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 35.52
  • Current Property Use: Grazing(no Irrig.), Ag/Livestock
  • Em Deposit: 20000
  • Possible Property Use: Residential Single Family, Grazing(no Irrigation), Horses
  • Mineral Rights: Unknown
  • Price Acre: 9825.45
  • Topography: Level, Rolling
  • Price per Sq Ft: 0.23
  • Sold Priceacre: 8586.71
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Total Taxes Dollar: 9.20
  • Prop Description Remarks: Gorgeous 35-acre lot in a premier, gated Durango Ridge Ranch of 35-acre parcels on 1200+ acres boasting privacy and views of the La Plata mountains, Twin Buttes, and Perins Peak. Probably the most private lots on the ranch, with the domestic water well already drilled. The topography is amazing with hundreds of mature Ponderosa pines, a seasonal creek, and great views. The parcel provides privacy and beauty for your new home site, and the large, leveled building envelope encompasses most of the top of the lot, allowing for the best views. The minimum square footage for a house is 1500 SF. The subdivision allows up to 7 large farm animals (horses), and the homeowner can build a barn as well. If you are a sportsman, or outdoor enthusiast, you will enjoy the private access in the subdivision for hiking, hunting, and horseback riding into the Perins Peak State Wildlife Area. Additional recreational opportunities are within 10 minutes at Hesperus Ski Hill and enjoy unlimited winter/summer activities in nearby La Plata Canyon. The property has abundant wildlife habitat, and commonly seen are migrating elk, deer, coyote, red tail hawks, eagles, and many other small animals and sporting birds. All roads are well maintained, dust free, and Durango Ridge Ranch has been given the Firewise Community Award. There are no telephone poles to spoil the beautiful views because all phone and electric lines are underground. Direct access off highway 160 allows for a drive of about 10 minutes to downtown Durango. Taxes are $9.20/year while land is undeveloped because of an agricultural tax break. This lot provides an opportunity for the next owner to create a wonderful home with a great mix of Ponderosa pine trees, privacy and views.
  • Subdv Name: Durango Ridge
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains, Valley

Utilities

  • Utilities: Propane Required, Electricity, Electricity Near
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 202703

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Road Maintenance, Snow Removal
  • Hoametro Fees: 3000
  • Hoa Name: Durango Ridge

Schools

  • Elementary School: Park K-5
  • Middle School: Escalante 6-8
  • High School: Durango 9-12
  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

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

Closed on
Apr 7, 2025
Sold by
Thompson Emily and Martin Jason J
Bought by
Workman Tyler Jonathan and Workman Hanna Liv
Current Estimated Value
$320,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,798
Outstanding Balance
$268,990
Interest Rate
6.04%
Mortgage Type
New Conventional
Estimated Equity
$52,195

Purchase Details

Listed on
Aug 14, 2023
Closed on
Oct 27, 2023
Sold by
Gray Herbert Wendell and Gray Robin Mack
Bought by
Thompson Emily and Martin Jason J
Seller's Agent
Gabi Bergstrom
RE/MAX Pinnacle
Buyer's Agent
Joshua Spaeder
Keller Williams Realty Southwest Associates, LLC
List Price
$349,000
Sold Price
$305,000
Premium/Discount to List
-$44,000
-12.61%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.87%
Original Mortgage
$243,750
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 29, 2020
Closed on
Dec 16, 2020
Sold by
Elk Horn Group Llc
Bought by
Gray Herbert Wendell and Gray Robin Mack
Seller's Agent
Gabi Bergstrom
RE/MAX Pinnacle
Buyer's Agent
Brian Cartwright
Legacy Properties West Sotheby's Int. Realty
List Price
$259,000
Sold Price
$255,000
Premium/Discount to List
-$4,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%

Purchase Details

Closed on
Jul 29, 2009
Sold by
Hall Randall and Hall Laura
Bought by
Elk Horn Group Llc

Purchase Details

Closed on
Sep 5, 2006
Sold by
Coffey Dann and Coffey Laura
Bought by
Hall Randall and Hall Laura

Purchase Details

Closed on
Aug 31, 2006
Sold by
Landry Property Management Of Leesville
Bought by
Coffey Dann and Coffey Laine
Source: Public Records

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Workman Tyler Jonathan $320,000 None Listed On Document
Thompson Emily $305,000 Land Title Guarantee
Gray Herbert Wendell $255,000 Land Title
Elk Horn Group Llc -- None Available
Hall Randall $315,000 Colorado Land Title Co
Coffey Dann -- Colorado Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Workman Tyler Jonathan $271,798
Previous Owner Thompson Emily $243,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2023 10/26/23 Sold $305,000 -12.6% --
09/23/2023 09/23/23 Pending -- -- --
08/14/2023 08/14/23 For Sale $349,000 +36.9% --
12/16/2020 12/16/20 Sold $255,000 -1.5% --
11/14/2020 11/14/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $259,000 -- --
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 $10 $100 $100 --
2024 $9 $100 $100 --
2023 $9 $100 $100 --
2022 $9 $100 $100 $0
2021 $10 $110 $110 $0
2020 $9 $110 $110 $0
2019 $0 $110 $110 $0
2018 $9 $100 $100 $0
2017 $9 $100 $100 $0
2016 $8 $90 $90 $0
2015 $3 $90 $90 $0
2014 $3 $80 $80 $0
2013 -- $80 $80 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 806988

Colorado Real Estate Network (CREN)

APN: R420185