Seller's Agent in 2026
Lisa Govreau
RE/MAX
(970) 749-4944
2 in this area
83 Total Sales
Terrace Gardens Condominiums 1135 Florida Rd Unit 27 Durango, CO 81301
Riverview Neighborhood
2
Beds
1
Bath
900
Sq Ft
$470/ mo
HOA Fee
About This Home
As of February 2026This two bedroom, one bath condo in Terrace Gardens is priced below market value, perfect for investors and first-time home buyers. It is located in town Durango, just a short drive to Ft Lewis, Bread Bakery, the river trail, various restaurants and multiple hiking and biking trails. The condo includes a designated storage unit, coin-op laundry on site, and plenty of parking. Currently, there is a long-term tenant in the property with a contract until June 2026. So, you can start earning income on this unit right away. The HOA fees include: Building Maintenance,Sewer,Water,Gas,Snow Removal and Parking. This is a great opportunity for someone looking to start investing in real estate or a couple looking for their first home. The seller is motivated so make your offer today.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,053
Year Built
- Built in 1973
HOA Fees
- $470 Monthly HOA Fees
Parking
- 1 Carport Space
Home Design
- 900 Sq Ft Home
Kitchen
- Oven or Range
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Riverview K-5 Elementary School
- Miller 6-8 Middle School
- Durango 9-12 High School
Utilities
- Hot Water Baseboard Heater
- Heating System Uses Natural Gas
- Internet Available
Community Details
- Association fees include building maintenance, gas, insurance, sewer, water, snow removal
- Terrace Gardens HOA
- Terrace Gardens Subdivision
Listing and Financial Details
- Assessor Parcel Number 566516406052
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 5, 1999
Bought by
Lyons Barbara
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/10/2026 02/10/26 | Sold | $235,000 | -2.1% | $261 / Sq Ft |
| 01/25/2026 01/25/26 | Pending | -- | -- | -- |
| 10/26/2025 10/26/25 | Price Changed | $240,000 | -4.0% | $267 / Sq Ft |
| 08/25/2025 08/25/25 | For Sale | $250,000 | 0.0% | $278 / Sq Ft |
| 08/22/2025 08/22/25 | Pending | -- | -- | -- |
| 07/11/2025 07/11/25 | For Sale | $250,000 | -- | $278 / 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 | $577 | $20,540 | -- | $20,540 |
| 2024 | $491 | $12,210 | -- | $12,210 |
| 2023 | $491 | $15,030 | $0 | $15,030 |
| 2022 | $544 | $16,490 | $0 | $16,490 |
| 2021 | $546 | $13,750 | $0 | $13,750 |
| 2020 | $475 | $12,360 | $0 | $12,360 |
| 2019 | $455 | $12,360 | $0 | $12,360 |
| 2018 | $396 | $10,910 | $0 | $10,910 |
| 2017 | $387 | $10,910 | $0 | $10,910 |
| 2016 | $357 | $10,960 | $0 | $10,960 |
| 2015 | $281 | $10,960 | $0 | $10,960 |
| 2014 | $281 | $8,850 | $0 | $8,850 |
| 2013 | -- | $8,850 | $0 | $8,850 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Govreau
-
Jaime Marquez
Buyer's Agent in 2026
Jaime Marquez
Coldwell Banker Mountain Properties
(970) 759-8919
1 in this area
69 Total Sales
-
Luis Marquez
Buyer Co-Listing Agent in 2026
Luis Marquez
Coldwell Banker Mountain Properties
(970) 769-0842
1 in this area
59 Total Sales
About Terrace Gardens Condominiums
Map
Source: Colorado Real Estate Network (CREN)
MLS Number: 826403
APN: R015528
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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