
Terrace Gardens Condominiums 1135 Florida Rd Unit B1 Durango, CO 81301
Riverview NeighborhoodEstimated payment $2,224/month
Highlights
- Community Playground
- 1 Car Garage
- Laundry Facilities
- Durango High School Rated A-
About This Home
Looking for an "in town investment"? Here's an opportunity to purchase a 2 bedroom condo with income potential or for an owner occupant. The condo has 2 bedrooms and an extra "bump out area" that these tenants use for another sleeping area near the window. Terrace Garden end unit. 2 Bedroom, 2 parking spots (1 carport, 1 uncovered). There is one covered parking space directly under the unit and another designated uncovered parking space. A large storage room comes with the unit and is located in front of the covered parking space. Natural gas is included in the HOA dues which also cover building maintenance, insurance, landscaping, trash, water, sewer and snow removal and a common laundry room is also on site. Located on the trolley line with easy and quick access to downtown Durango, Fort Lewis College and the mountains. This unit is in Building B. This would be great for a first time owner or an investor and is subject to the tenants lease which runs thru July 2025.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $404
Year Built
- Built in 1973
HOA Fees
- $470 Monthly HOA Fees
Home Design
- 900 Sq Ft Home
Kitchen
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Parking
- 1 Car Garage
- 1 Carport Space
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 566516406022
Community Details
Overview
- Association fees include building maintenance, gas, insurance, sewer, trash, water, snow removal
- Terrace Gardens HOA
- Terrace Gardens Subdivision
Amenities
- Laundry Facilities
Recreation
- Community Playground
Map
About Terrace Gardens Condominiums
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 |
---|---|---|---|---|
2024 | $404 | $10,060 | -- | $10,060 |
2023 | $404 | $12,870 | $0 | $12,870 |
2022 | $470 | $14,260 | $0 | $14,260 |
2021 | $472 | $11,900 | $0 | $11,900 |
2020 | $411 | $10,690 | $0 | $10,690 |
2019 | $393 | $10,690 | $0 | $10,690 |
2018 | $331 | $9,110 | $0 | $9,110 |
2016 | $299 | $9,160 | $0 | $9,160 |
2015 | $281 | $9,160 | $0 | $9,160 |
2014 | $281 | $8,850 | $0 | $8,850 |
2013 | -- | $8,850 | $0 | $8,850 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
12/17/2024 12/17/24 | For Sale | $307,900 | -- | $342 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $57,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $96,900 | Adjustable Rate Mortgage/ARM | |
Closed | $11,000 | Credit Line Revolving |
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Source: Colorado Real Estate Network (CREN)
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