NOT LISTED FOR SALE

Estimated Value: $279,000 - $321,000

2 Beds
1 Bath
900 Sq Ft
1973 Built

Sale Details

Date Sold: September 21, 2022

Last sale price $231,000 $257 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,038 / mo

26 Days on Market

Highlights

  • Community Playground
  • Open Space
  • Dining Room
  • Durango High School Rated A-
  • Shed
  • Ceiling Fan

About This Home

As of September 2022

Affordable Terrace Gardens 2 bedroom, 1 bath, 900 s.f. in town Durango condominium. The kitchen has bar seating and opens to the dining and living areas. There is a 12x7 sunroom at the end of the living room which is a nice flex space for an office, workouts, hobbies or a den. The 2 spacious bedrooms share the full bath. Large hall linen closet with shelving. This unit is ready for updating and is priced accordingly. The assigned parking spaces for this unit are in the 2-car tandem carport. Bonus! There is a 12x4 storage closet included. Coin operated laundry facility is located just a few units to the east. Building C is the back building which is tucked against the hillside backing to HOA common land which adds a feeling of privacy and wildlife viewing. Close to everything; downtown Durango, Fort Lewis College, the River trail, mountain biking, hiking, the rec center making it easy to enjoy the Durango lifestyle. It’s easy to commute on the trolley from here. The $280 HOA dues include building maintenance, insurance, heat, hot water, landscaping, trash, water, sewer and snow removal. Owners pay electricity which averages $52 per month and their internet. There is a playground, horseshoe pit, barbeque grills for occupants use, plus a live in on-site manager. Please note the complex does not allow pets.

Last Agent to Sell the Property

Tierney Skahill

R1 Colorado Listed on: 08/09/2022

Last Buyer's Agent

Christine Serwe

Wells Group Real Estate

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $484

Year Built

  • Built in 1973

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 2 Carport Spaces

Interior Spaces

  • 900 Sq Ft Home
  • Ceiling Fan
  • Dining Room

Kitchen

  • Oven or Range
  • Microwave
  • 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

Additional Features

  • Shed
  • Open Space

Listing and Financial Details

  • Assessor Parcel Number 566516406044

Community Details

Overview

  • Association fees include building maintenance, gas, insurance, landscaping, sewer, trash, water, snow removal, management
  • Terrace Gardens HOA

Amenities

  • Laundry Facilities

Recreation

  • Community Playground

Property Details

Home Type

Condominium

Est. Annual Taxes

$484

Year Built

Built in 1973

Lot Details

0 Sq Ft Lot

HOA Fees

$280 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Microwave
  • Class: RESIDENTIAL
  • Common Facilities: Laundry Facilities, Playground
  • Em Deposit: 3,000
  • Em Holder: Durango Title
  • Exterior Inclusions: Shed/Storage
  • Fronts: Front looks to hillside
  • Interior Inclusions: Ceiling Fan(s)
  • Legal Lot Block: Subdivision: TERRACE GARDEN CONDO Unit: 7 DESC: BLDG C, TERRACE GARDENS
  • List Price per Sq Ft: 254.44
  • Parcel Id Number: 566516406044
  • Price Per Sq Ft: 256.67
  • Property Description: Adj to Open Space
  • Real Estate Included: Yes
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 256.67
  • Street Descriptionaccess: City/Town, Paved
  • Tax Account Id: R015536
  • Type: Condo
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Provider: Spectrum/Charter
  • Internet Service: Yes
  • Total Taxes Dollar: 483.84
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room: Yes
  • Bedrooms: 2
  • Estimated Total Sq Ft: 900
  • Bathrooms Description: 1 Full Bath
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Main Level Sq Ft: 900
  • Master Bedrm Dimensions: No master
  • Office Den Dimensions: 12x7 Sunroom great flex space
  • Total Office Den: 0

Garage/Parking

  • Carport: Yes
  • Carport Spaces: 2

Utilities

  • Utilities: Electric, Natural Gas, Phone - Cell Reception
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Heating System: Hot Water Baseboard
  • Laundry Util Dimensions: Complex shared laundry
  • Sewer Supplier: City of Durango
  • Water Supplier: City of Durango

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Building Maintenance, Gas, Insurance, Landscaping, Sewer, Trash, Water, Snow Removal, Management
  • Hoametro Fees: 280
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: Terrace Gardens HOA

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

MLS Schools

  • Elementary School: Riverview K-5
  • Middle School: Miller 6-8

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2022
Closed on
Sep 21, 2022
Sold by
Bought by
Seller's Agent
Tierney Skahill
R1 Colorado
Buyer's Agent
Christine Serwe
Wells Group Real Estate
List Price
$229,000
Sold Price
$231,000
Premium/Discount to List
$2,000
0.87%
Current Estimated Value
$305,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,266
Avg. Annual Appreciation
7.37%

Purchase Details

Closed on
Aug 25, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Riverview, CO

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$231,000 --
$119,000 Land Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $95,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/21/2022 09/21/22 Sold $231,000 +0.9% $257 / Sq Ft
09/04/2022 09/04/22 Pending -- -- --
08/31/2022 08/31/22 For Sale $229,000 0.0% $254 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
08/09/2022 08/09/22 For Sale $229,000 -- $254 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $992 $18,340 $18,340
2025 $511 $18,730 $18,730
2024 $434 $10,810 $10,810
2023 $434 $13,620 $0 $13,620
2022 $496 $15,030 $0 $15,030
2021 $498 $12,540 $0 $12,540
2020 $433 $11,270 $0 $11,270
2019 $414 $11,270 $0 $11,270
2018 $361 $9,940 $0 $9,940
2017 $353 $9,940 $0 $9,940
2016 $326 $9,990 $0 $9,990
2015 $281 $9,990 $0 $9,990
2014 $281 $8,850 $0 $8,850
2013 -- $8,850 $0 $8,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 797164

Colorado Real Estate Network (CREN)

APN: R015536

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