NOT LISTED FOR SALE

117 Needles Way Unit 521 Durango, CO 81301

Estimated Value: $877,000 - $959,000

2 Beds
3 Baths
1,466 Sq Ft
$899/mo HOA Fee

Last Sold February 04, 2021

Last sale price $485,000 $331 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $5,979/month

Highlights

  • Ski Accessible
  • Fitness Center
  • Mountain View
  • Durango High School Rated A-
  • In Ground Pool
  • Near a National Forest

About This Home

As of February 2021

VERY UNIQUE AND WONDERFULLY UPDATED SLOPESIDE CONDO WITH INCREDIBLE VIEWS! This is one of the only condos in the main base area with two bedrooms, THREE bathrooms, two decks and two fireplaces. It is designed as a "lock-off" where it can be rented three different ways: A 2BR/3BA which sleeps eight or a 1BR/2BA plus a full studio. Each side has it's own fireplace and deck and separate entry with a lockable door between the two sides. This set up makes it one of the best performing rental units in the Eolus building! Each side has wonderful views of both the Needles Mts. and the base of the ski slopes. Beautifully furnished with many wonderful updates throughout. This condo is being sold fully turn key!

Last Agent to Sell the Property

Phil

Durango Mountain Realty LLC Listed on: 12/31/2020

Last Buyer's Agent

Brandon Ryan

Real Estate PROS LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,095

Year Built

  • Built in 1985 | Remodeled in 2015

HOA Fees

  • $899 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,466 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Tongue and Groove Ceiling
  • Fireplace With Glass Doors
  • Fireplace Features Blower Fan
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Mountain Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Bedroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Garage
  • Basement Garage

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

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

Utilities

  • Baseboard Heating
  • High Speed Internet
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 508924315025

Community Details

Overview

  • Association fees include building maintenance, gas, insurance, sewer, trash, water, snow removal, parking, road maintenance, common area taxes
  • Eolus Condominiums HOA
  • Near a National Forest

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

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

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,095

Year Built

Built in 1985 | Remodeled in 2015

Lot Details

0

HOA Fees

$899 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave
  • Class: RESIDENTIAL
  • Common Facilities: Club House, Pool, Spa, Tennis Courts, Park, Fitness Facility, Hot Tub, Playground, Storage
  • Em Deposit: 7500
  • Em Holder: Title Company
  • Exterior Inclusions: Balcony
  • Fronts: Ski slopes
  • Interior Inclusions: Window Coverings, Wired/Cable TV, All Furnishings, W/D Hookup, T&G Ceilings, Fire Sprinklers
  • Legal Lot Block: EOLUS CDO, PURG VLLG Unit: 303
  • List Price per Sq Ft: 330.83
  • Parcel Id Number: 508924315025
  • Price Per Sq Ft: 330.83
  • Property Description: Borders National Forest, Ski In/Ski Out, Skier Access
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Residence Style: Contemporary
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 330.83
  • Street Descriptionaccess: Paved
  • Street Designation: Way
  • Tax Account Id: R022538
  • Type: Condo
  • Hoa Dogs Allowed: Yes-w/restrictions
  • HOA Fees: Yes
  • Internet Service: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 2095
  • Year Built: 1985
  • Year Renovated: 2015
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 17

Interior Features

  • Dining Room: Kitchen Bar, Separate Dining
  • Bedrooms: 2
  • Flooring: Carpet-Partial, Tile
  • Estimated Total Sq Ft: 1466
  • Full Bathrooms: 3
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 3
  • Fireplace Location Type: Fireplace Blowers, Glass Doors, Bedroom, Living Room
  • Great Room: Yes
  • Main Level Sq Ft: 1466
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Windows: Double Pane
  • Pool: Community, In-Ground
  • Views: Mountains

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Building Maintenance, Gas, Insurance, Sewer, Trash, Water, Snow Removal, Parking, Road Maintenance, Common Area Taxes
  • Hoametro Fees: 899
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: Eolus Condominiums

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2021
Sold by
Hill Terry D and Hill Vickie M
Bought by
Hill Terry D and Hill Vickie M
Current Estimated Value
$921,429

Purchase Details

Listed on
Dec 31, 2020
Closed on
Feb 4, 2021
Sold by
Miner John G and Miner Madine E
Bought by
Hill Terry D and Hill Vickie M
Seller's Agent
Phil
Durango Mountain Realty LLC
Buyer's Agent
Brandon Ryan
Real Estate PROS LLC
List Price
$485,000
Sold Price
$485,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.06%
Original Mortgage
$363,750
Outstanding Balance
$323,846
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$597,583

Purchase Details

Closed on
Feb 25, 2013
Sold by
Ocelot Lllp
Bought by
Miner John G and Miner Nadine E

Purchase Details

Closed on
Jun 13, 2012
Sold by
Yates Drilling Family Investment Limited
Bought by
Ocelot Lllp

Purchase Details

Closed on
Dec 29, 2005
Sold by
Yates Peyton
Bought by
Yates Drilling Company Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hill Terry D -- None Available
Hill Terry D $485,000 Land Title
Miner John G $305,000 Colorado Land Title Co Llc
Ocelot Lllp -- None Available
Yates Drilling Company Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Terry D $363,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2021 02/04/21 Sold $485,000 0.0% $331 / Sq Ft
12/31/2020 12/31/20 Pending -- -- --
12/31/2020 12/31/20 For Sale $485,000 -- $331 / 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
2025 $2,846 $59,450 -- $59,450
2024 $2,583 $37,270 -- $37,270
2023 $2,583 $40,330 $0 $40,330
2022 $2,454 $35,170 $0 $35,170
2021 $2,485 $36,120 $0 $36,120
2020 $2,095 $31,010 $0 $31,010
2019 $1,936 $29,380 $0 $29,380
2018 $2,046 $31,080 $0 $31,080
Source: Public Records

Agents Affiliated with this Home

  • Phil

    Seller's Agent in 2021

    Phil

    Durango Mountain Realty LLC

    (970) 946-9984

    161 Total Sales

    Phil
    Section Image
  • Brandon Ryan

    Buyer's Agent in 2021

    Brandon Ryan

    Real Estate PROS LLC

    (505) 321-6766

    54 Total Sales

    Brandon Ryan
    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 777351

Colorado Real Estate Network (CREN)

APN: R022538

Colorado La Plata County Durango 81301

117 Needles Way Unit 521, Durango, CO

Not Listed for Sale

Condos

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