NOT LISTED FOR SALE

117 Needles Way Unit 426 Durango, CO 81301

Estimated Value: $737,000 - $827,000

2 Beds
2 Baths
1,202 Sq Ft
$1,018/mo HOA Fee

Last Sold October 31, 2023

Last sale price $695,000 $578 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,570/month

135 Days on Market

Highlights

  • Ski Accessible
  • Fitness Center
  • Mountain View
  • Durango High School Rated A-
  • In Ground Pool
  • Clubhouse

About This Home

As of October 2023

Beautiful, fully furnished condo with stunning views of the Needle Mountains, overlooking the lift at Purgatory Resort. This 2 bedroom, 2 bath condo is ski-in ski-out and located in the center of it all. After a day of fun on the mountain, ski up to your condo and snuggle up in front of the fireplace for a relaxing evening, or take advantage of all of the wonderful amenities the resort has to offer. This includes a pool, hot tub, fitness facility, private club, restaurant, and bar, as well as 2 additional private hot tubs and swimming pool for this particular complex only. With Durango only 30 minutes away, this is a great opportunity for a permanent residence or a short term rental. This unit is currently used as a part-time rental and bookings could easily be transferred to the new owner. Schedule a tour today or check out our virtual walkthrough!

Last Listed By

Jessica Low

EXIT Realty Home & Ranch Listed on: 05/01/2023

EXIT Realty Home & Ranch

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,761

Year Built

  • Built in 1985

HOA Fees

  • $1,018 Monthly HOA Fees

Interior Spaces

  • 1,202 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Fireplace Features Blower Fan
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Gym
  • Tile Flooring
  • Mountain Views

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

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

Utilities

  • Baseboard Heating
  • Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 508924315019

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,761

Year Built

Built in 1985

Lot Details

0

HOA Fees

$1,018 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave
  • Class: RESIDENTIAL
  • Common Facilities: Club House, Pool, Tennis Courts, Fitness Facility, Hot Tub
  • Em Deposit: 15,000
  • Em Holder: Title Company
  • Exterior Inclusions: Deck, Hot Tub, Covered Porch
  • Interior Inclusions: All Furnishings, Ceiling Fan(s), W/D Hookup, Granite Counters, Hot Tub, Elevator, Fitness Room
  • Legal Lot Block: EOLUS CDO, PURG VLLG UNIT: 208 117 NEEDLES WAY #426 DURANGO 81301
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 508924315019
  • Price Per Sq Ft: 578.2
  • Property Description: Ski In/Ski Out
  • Real Estate Included: Yes
  • Realist Id: 5089-243-15-019
  • Residence Stories: One Story
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 578.2
  • Street Descriptionaccess: County, Paved
  • Street Designation: Way
  • Tax Account Id: R022532
  • Zoning: Residential Single Family
  • Type: Condo
  • Hoa Dogs Allowed: Yes
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Service: Yes
  • Total Taxes Dollar: 1,760.92
  • Year Built: 1985
  • Foreign Owned Y N: No
  • Prop Description Remarks: Beautiful, fully furnished condo with stunning views of the Needle Mountains, overlooking the lift at Purgatory Resort. This 2 bedroom, 2 bath condo is ski-in ski-out and located in the center of it all. After a day of fun on the mountain, ski up to your condo and snuggle up in front of the fireplace for a relaxing evening, or take advantage of all of the wonderful amenities the resort has to offer. This includes a pool, hot tub, fitness facility, private club, restaurant, and bar, as well as 2 additional private hot tubs and swimming pool for this particular complex only. With Durango only 30 minutes away, this is a great opportunity for a permanent residence or a short term rental. This unit is currently used as a part-time rental and bookings could easily be transferred to the new owner. Schedule a tour today or check out our virtual walkthrough!
  • Subdv Name: Eolus Condos
  • Unit Suite Number: 426
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 17

Interior Features

  • Dining Room: Living Room Dining
  • Bedrooms: 2
  • Flooring: Tile
  • Estimated Total Sq Ft: 1202
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Fireplace Location Type: Fireplace Blowers, Living Room
  • Main Level Sq Ft: 1202
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Pool: In-Ground
  • Views: Mountains

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 Heater: Electric Water Heater
  • Water Supplier: Purgatory Metropolitan District

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Building Maintenance, Insurance, Landscaping, Sewer, Trash, Water, Snow Removal, Parking, Road Maintenance, Common Area Taxes
  • Hoametro Fees: 1018
  • 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: 2022

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
May 1, 2023
Closed on
Oct 31, 2023
Sold by
Bayne Gary Wilfred and Bachnik Lisa Jo
Bought by
Gosnell Scott T and Gosnell Lisa M
Seller's Agent
Jessica Low
EXIT Realty Home & Ranch
Buyer's Agent
Hal Lott
Legacy Properties West Sotheby's Int. Realty
List Price
$715,000
Sold Price
$695,000
Premium/Discount to List
-$20,000
-2.8%
Total Days on Market
135
Views
232
Current Estimated Value
$781,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,405
Avg. Annual Appreciation
8.07%
Original Mortgage
$347,500
Outstanding Balance
$342,597
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$438,808

Purchase Details

Listed on
Dec 20, 2021
Closed on
Feb 10, 2022
Sold by
Rogers Bruce A
Bought by
Bayne Gary Wilfred and Bachnik Lisa Jo
Seller's Agent
Phil
Durango Mountain Realty LLC
Buyer's Agent
Jessica Low
EXIT Realty Home & Ranch
List Price
$649,000
Sold Price
$654,500
Premium/Discount to List
$5,500
0.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.55%
Original Mortgage
$567,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2020
Closed on
Sep 16, 2020
Sold by
Gray Lisa L and Littlefield Lisa L
Bought by
Lisa L Littlefield Famly Partnership Ltd
Seller's Agent
Rachel Brinley
Durango Mountain Realty LLC
Buyer's Agent
Phil
Durango Mountain Realty LLC
List Price
$349,000
Sold Price
$325,000
Premium/Discount to List
-$24,000
-6.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.88%

Purchase Details

Listed on
Jun 5, 2020
Closed on
Sep 15, 2020
Sold by
Lisa Littlefield Famly Partnership Ltd
Bought by
Rogers Bruce A
Seller's Agent
Rachel Brinley
Durango Mountain Realty LLC
Buyer's Agent
Phil
Durango Mountain Realty LLC
List Price
$349,000
Sold Price
$325,000
Premium/Discount to List
-$24,000
-6.88%

Purchase Details

Closed on
Dec 11, 2012
Sold by
Littlefield Lisa L and Gray Lisa L
Bought by
Lisa Littlefield Family Partnership Ltd

Purchase Details

Closed on
Oct 1, 2007
Sold by
Wenger Ronald J and Wenger Linda D
Bought by
Gray Lisa

Purchase Details

Closed on
Apr 1, 1993
Bought by
Gray Lisa

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
Gosnell Scott T $695,000 Land Title
Bayne Gary Wilfred $654,500 Land Title
Lisa L Littlefield Famly Partnership Ltd -- Land Title
Rogers Bruce A $325,000 Land Title
Lisa Littlefield Family Partnership Ltd -- None Available
Gray Lisa $515,000 Land Title
Gray Lisa $20,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gosnell Scott T $347,500
Previous Owner Bayne Gary Wilfred $567,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $695,000 0.0% $578 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
06/21/2023 06/21/23 Price Changed $695,000 -2.8% $578 / Sq Ft
05/01/2023 05/01/23 For Sale $715,000 +9.2% $595 / Sq Ft
02/10/2022 02/10/22 Sold $654,500 +0.8% $545 / Sq Ft
12/30/2021 12/30/21 Pending -- -- --
12/20/2021 12/20/21 For Sale $649,000 +99.7% $540 / Sq Ft
09/16/2020 09/16/20 Sold $325,000 -6.9% $270 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $349,000 -- $290 / 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 $2,637 $38,060 -- $38,060
2023 $2,637 $41,120 $0 $41,120
2022 $1,761 $44,260 $0 $44,260
2021 $1,783 $25,920 $0 $25,920
2020 $1,654 $24,490 $0 $24,490
2019 $1,661 $25,210 $0 $25,210
2018 $1,568 $23,820 $0 $23,820
2017 $1,549 $23,820 $0 $23,820
2016 $1,604 $25,830 $0 $25,830
2015 $1,437 $25,830 $0 $25,830
2014 $1,437 $23,440 $0 $23,440
2013 -- $23,440 $0 $23,440
Source: Public Records

Agents Affiliated with this Home

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Source: Colorado Real Estate Network (CREN)

MLS Number: 802896

Colorado Real Estate Network (CREN)

APN: R022532