NOT LISTED FOR SALE

117 Needles Way Unit 324 Durango, CO 81301

Estimated Value: $719,000 - $900,000

3 Beds
2 Baths
1,125 Sq Ft
$989/mo HOA Fee

Last Sold March 23, 2023

Last sale price $659,000 $586 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,471/month

176 Days on Market

Highlights

  • Ski Accessible
  • Fitness Center
  • Clubhouse
  • Durango High School Rated A-
  • Mountain View
  • Deck

About This Home

As of March 2023

MOUNTAIN VIEWS, MODERN FINISHES AND PRIME SKI-IN/SKI-OUT LOCATION-- this 3 bedroom condo at Purgatory Resort has it all! This unit has been beautifully updated and boasts new vinyl wood flooring in the living room and primary room, new carpet in bedrooms, natural stone kitchen countertops and backsplash, and granite countertops in both bathrooms. Other NEW luxurious upgrades in the last year, including: retextured walls, fresh paint, stylish decor, modern light fixtures and mirrors, brand new bedding and linens, and almost all new furniture throughout! Enjoy your morning coffee or afternoon cocktail on the spacious deck while taking in the fabulous views of the Needles Mountain range. Warm up after a day on the slopes by the cozy wood burning fireplace in the living room (firewood provided by the HOA!). With two full size bedrooms and an added bunkroom, this condo has plenty of space for all. This turnkey unit is sold fully furnished and ready for you to personally enjoy or take advantage of the great short term rental potential it has to offer! The Eolus building is one of the most coveted locations at the resort, conveniently located near lift 4 for winter skiing access and during the summer you can enjoy the mountain coaster, alpine slide and mountain biking. Eolus has its own private pool, 2 large hot tubs, private ski locker and a covered parking space for owners and guests. Additionally, Owners of this unit are also part of the Durango Mountain Master Association (DMMA) which gives you access to the resort amenities including the year-round heated pool, hot tub, fitness center, owners' restaurant and lounge, tennis courts and a discount on select stores. Don't miss out on this opportunity to own for 2023 ski season!

Last Listed By

Liesl Luy

Durango Mountain Realty LLC Listed on: 09/09/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,032

Year Built

  • Built in 1985 | Remodeled in 2021

HOA Fees

  • $989 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,125 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Fireplace Features Blower Fan
  • Double Pane Windows
  • Window Treatments
  • Wood Frame Window
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Basement Garage

Outdoor Features

  • Deck

Schools

  • Animas Valley K-5 Elementary School
  • Miller 6-8 Middle School
  • Durango 9-12 High School

Utilities

  • Baseboard Heating
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 508924315006

Community Details

Overview

  • Association fees include building maintenance, insurance, sewer, trash, water, snow removal, parking, common area taxes
  • Eolus Condominiums HOA

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park
  • Ski Accessible

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,032

Year Built

Built in 1985 | Remodeled in 2021

Lot Details

0

HOA Fees

$989 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave
  • Class: RESIDENTIAL
  • Common Facilities: Club House, Pool, Tennis Courts, Park, Fitness Facility, Hot Tub, Playground
  • Elevation: 8900
  • Em Deposit: 15,000
  • Em Holder: Title Company
  • Exterior Inclusions: Deck
  • Interior Inclusions: Window Coverings, Wired/Cable TV, All Furnishings, Ceiling Fan(s), W/D Hookup, Granite Counters
  • Legal Lot Block: Subdivision: EOLUS CDO, PURG VLLG Unit: 106 117 NEEDLES WAY #324 DURANGO 81301
  • List Price per Sq Ft: 600
  • Parcel Id Number: 508924315006
  • Price Per Sq Ft: 585.78
  • Property Description: Ski In/Ski Out, Skier Access
  • Real Estate Included: Yes
  • Realist Id: 5089-243-15-006
  • Residence Stories: One Story
  • Residence Style: Contemporary
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 585.78
  • Street Descriptionaccess: Paved, Public Winter Maintenance
  • Street Designation: Way
  • Tax Account Id: 508924315006
  • Type: Condo
  • Hoa Dogs Allowed: Yes-w/restrictions
  • HOA Fees: Yes
  • Internet Service: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: $1,991.00
  • Year Built: 1985
  • Year Renovated: 2021
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 17

Interior Features

  • Dining Room: Kitchen Bar, Kitchen/Dining
  • Bedrooms: 3
  • Flooring: Carpet-Partial, Tile, Vinyl
  • Estimated Total Sq Ft: 1125
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Fireplace Location Type: Fireplace Blowers, Glass Doors, Living Room
  • Main Level Sq Ft: 1125
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Windows: Double Pane, Wood
  • Pool: Community
  • Views: Mountains

Garage/Parking

  • Garage Type: Basement Garage
  • Garage: Yes
  • Garage Capacity: 1

Utilities

  • Utilities: Electric, Cable TV, Internet, Phone - Cell Reception
  • Electric Supplier: La Plata Electric Association
  • Heating System: Electric Baseboard, Fireplace
  • Sewer Supplier: Purgatory Metropolitan District
  • Water Supplier: Purgatory Metropolitan District

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Building Maintenance, Insurance, Sewer, Trash, Water, Snow Removal, Parking, Common Area Taxes
  • Hoametro Fees: $988.94
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: Eolus Condominiums

Schools

  • Elementary School: Animas Valley K-5
  • Middle School: Miller 6-8
  • High School: Durango 9-12
  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

MLS Schools

  • Elementary School: Animas Valley K-5
  • Middle School: Miller 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Mar 23, 2023
Sold by
Serbousek Robyn
Bought by
Herbmann Llc
Seller's Agent
Liesl Luy
Durango Mountain Realty LLC
Buyer's Agent
Gayle Webster
Coldwell Banker Mountain Properties
List Price
$699,000
Sold Price
$659,000
Premium/Discount to List
-$40,000
-5.72%
Total Days on Market
176
Views
102
Current Estimated Value
$778,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,002
Avg. Annual Appreciation
2.31%

Purchase Details

Closed on
Jul 7, 2021
Sold by
Grasky Brian and Grasky Stephanie
Bought by
Serbousek Robyn and Serbousek Kristofer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,600
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2020
Sold by
Reefside Escapes Inc
Bought by
Grasky Brian and Grasky Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2015
Sold by
Brewer Dwight C and Brewer Deborah A
Bought by
Reefside Escapes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2000
Bought by
Reefside Escapes Inc

Range of Values:

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Average Value
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List Price
Sold Price
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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
Herbmann Llc $659,000 Land Title
Serbousek Robyn $46,000 The Title Durango
Serbousek Robyn $460,000 None Listed On Document
Grasky Brian $320,000 Land Title
Reefside Escapes Inc $309,000 Colorado Land Title Co Llc
Reefside Escapes Inc $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Serbousek Robyn $36,600
Previous Owner Serbousek Robyn $356,000
Previous Owner Serbousek Robyn $366,000
Previous Owner Grasky Brian $224,000
Previous Owner Reefside Escapes Inc $186,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2023 03/23/23 Sold $659,000 -2.4% $586 / Sq Ft
03/04/2023 03/04/23 Pending -- -- --
02/11/2023 02/11/23 Price Changed $675,000 -3.4% $600 / Sq Ft
02/11/2023 02/11/23 For Sale $699,000 0.0% $621 / Sq Ft
02/04/2023 02/04/23 Pending -- -- --
12/14/2022 12/14/22 For Sale $699,000 0.0% $621 / Sq Ft
10/24/2022 10/24/22 Pending -- -- --
10/17/2022 10/17/22 Price Changed $699,000 -6.7% $621 / Sq Ft
09/09/2022 09/09/22 For Sale $749,000 -- $666 / Sq Ft
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
2024 $2,032 $29,320 -- $29,320
2023 $2,032 $32,300 $0 $32,300
2022 $1,965 $35,060 $0 $35,060
2021 $1,991 $28,940 $0 $28,940
2020 $1,665 $24,650 $0 $24,650
2019 $1,547 $23,480 $0 $23,480
2018 $1,461 $22,190 $0 $22,190
2017 $1,443 $22,190 $0 $22,190
2016 $1,495 $24,070 $0 $24,070
Source: Public Records

Agents Affiliated with this Home

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Source: Colorado Real Estate Network (CREN)

MLS Number: 798121

Colorado Real Estate Network (CREN)

APN: R022519