Terrace Gardens Condominiums 1135 Florida Rd Unit 28 Durango, CO 81301
Riverview NeighborhoodEstimated payment $2,147/month
2
Beds
1
Bath
885
Sq Ft
$338
Price per Sq Ft
Highlights
- Community Playground
- Laundry Facilities
- Carpet
- Durango High School Rated A-
About This Home
$8k Price Reduction on this now vacant and move in ready 2-bedroom, 1-bathroom condo that offers a comfortable living space in a prime location on Florida Road. The unit features high ceilings, updated kitchen cabinets, and an open living space creating a welcoming and functional atmosphere. The two spacious bedrooms are separated by a full bathroom, while a bonus bump-out area provides flexibility for use as a small office, additional room or home gym. The property includes one covered parking spot, one uncovered parking spot, and a private storage room. Natural gas is included in the HOA dues, along with building maintenance, insurance, landscaping, trash, water, sewer, and snow removal. An onsite laundry facility adds convenience, while the community offers amenities such as a BBQ area, playground, and horseshoe pit. Ideally located, this condo is close to downtown Durango, Fort Lewis College, the River Trail, mountain biking and hiking trails, and the recreation center. A trolley stop right outside the door adds to its convenience. With a strong rental history and potential for higher income, this property is an excellent investment opportunity or a perfect choice for first-time homebuyers. Don’t miss your chance to own this well-located and versatile property—schedule a showing today!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $565
Year Built
- Built in 1973
HOA Fees
- $470 Monthly HOA Fees
Parking
- 1 Carport Space
Interior Spaces
- 885 Sq Ft Home
- Carpet
Kitchen
- Oven or Range
- Dishwasher
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
Listing and Financial Details
- Assessor Parcel Number 566516406020
Community Details
Overview
- Association fees include building maintenance, gas, insurance, landscaping, sewer, trash, water, snow removal
- Terrace Gardens HOA
- Terrace Gardens Subdivision
Amenities
- Laundry Facilities
Recreation
- Community Playground
Map
About Terrace Gardens Condominiums
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Home Values in the Area
Average Home Value in this Area
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 | $495 | $18,340 | -- | $18,340 |
| 2024 | $421 | $10,470 | -- | $10,470 |
| 2023 | $421 | $13,280 | $0 | $13,280 |
| 2022 | $484 | $14,690 | $0 | $14,690 |
| 2021 | $486 | $12,250 | $0 | $12,250 |
| 2020 | $423 | $11,010 | $0 | $11,010 |
| 2019 | $405 | $11,010 | $0 | $11,010 |
| 2018 | $366 | $10,070 | $0 | $10,070 |
| 2017 | $358 | $10,070 | $0 | $10,070 |
| 2016 | $330 | $10,120 | $0 | $10,120 |
| 2015 | $281 | $10,120 | $0 | $10,120 |
| 2014 | $281 | $8,850 | $0 | $8,850 |
| 2013 | -- | $8,850 | $0 | $8,850 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2025 05/23/25 | Price Changed | $299,000 | -1.0% | $338 / Sq Ft |
| 05/06/2025 05/06/25 | Price Changed | $302,000 | -2.6% | $341 / Sq Ft |
| 01/28/2025 01/28/25 | For Sale | $310,000 | -- | $350 / Sq Ft |
Source: Colorado Real Estate Network (CREN)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $147,000 | None Available | |
| Warranty Deed | $130,000 | Colorado Land Title Co Llc | |
| Warranty Deed | $158,000 | None Available | |
| Deed | $60,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $104,000 | Purchase Money Mortgage | |
| Previous Owner | $118,500 | New Conventional |
Source: Public Records
Similar Homes in Durango, CO
Source: Colorado Real Estate Network (CREN)
MLS Number: 820815
APN: R015520
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