NOT LISTED FOR SALE

117 Needles Way Unit 624 Durango, CO 81301

Estimated Value: $721,000 - $793,000

2 Beds
2 Baths
1,065 Sq Ft
$957/mo HOA Fee

Last Sold October 31, 2023

Last sale price $745,000 $700 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,168/month

70 Days on Market

Highlights

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

About This Home

As of October 2023

2BD/2BA MODERN MOUNTAIN RETREAT AT PURGATORY RESORT!!! This ski-in/ski-out condo has it all, completely remodeled from top to bottom, HUGE unobstructed mountain views, and furniture included in purchase price making for a turn key investment. The unit has bright and light finishes throughout with modern clean lines and a spacious open floor plan living space. The living room features a beautiful wood burning, stone faced fireplace to keep you cozy in winter and a balcony with epic mountain views for relaxing at alpenglow in the summer! Living and dining room flow well into the chef's kitchen with updated appliances, a beautiful waterfall style granite countertop feature, artsy blue porcelain backsplash, and barstool seating to accommodate extra dining guests. There is also luxury vinyl flooring throughout most of the unit and large owner's closets for extra storage options. This has been a successful rental property for the current owners and has potential for future bookings to be transferred at closing making for instant rental equity! Eolus owners become members of the private owner's club upon purchase giving them access to all of the resort off slope amenities including the pool, hot tub, fitness center, game room, tennis courts, and private owner's lounge and restaurant. Eolus also has it's own pool, parking, and ski lockers associated with ownership as an added bonus! Do not miss this opportunity to own a mountain getaway just steps from the slopes today!

Last Agent to Sell the Property

Rachel Brinley

Durango Mountain Realty LLC Listed on: 07/21/2023

Last Buyer's Agent

Erin Dale

RE/MAX Pinnacle

RE/MAX Pinnacle

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,446

Year Built

  • Built in 1984

Lot Details

  • Landscaped

HOA Fees

  • $957 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Interior Spaces

  • 1,065 Sq Ft Home
  • Furnished
  • Tongue and Groove Ceiling
  • Ceiling Fan
  • Window Treatments
  • Mud Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room

Kitchen

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

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Garage
  • Basement Garage

Outdoor Features

  • Balcony
  • 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 508924315038

Community Details

Overview

  • Association fees include building maintenance, landscaping, sewer, trash, water, snow removal, fitness facility, parking, road maintenance, common area taxes
  • Eolus HOA
  • Eolus Condos Subdivision
  • Near a National Forest
  • Property is near a preserve or public land

Recreation

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

Pet Policy

  • Dogs Allowed

Additional Features

  • Clubhouse
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,446

Year Built

Built in 1984

Lot Details

0

HOA Fees

$957 per month

Listing Details

  • Additional Comments: Seller paid 1/2 of DMMA 2% transfer fee
  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Microwave
  • Class: RESIDENTIAL
  • Common Facilities: Club House, Pool, Tennis Courts, Fitness Facility, Hot Tub
  • Em Deposit: 15,000
  • Em Holder: Land Title Guarantee Comp
  • Exterior Inclusions: Landscaping, Deck, Balcony, Covered Porch
  • Interior Inclusions: Window Coverings, Wired/Cable TV, All Furnishings, Ceiling Fan(s), W/D Hookup, Granite Counters, T&G Ceilings, Fire Sprinklers, Mud Room
  • Legal Lot Block: Subdivision: EOLUS CDO, PURG VLLG Unit: 406 117 NEEDLES WAY #624 DURANGO 81301
  • Parcel Id Number: 508924315038
  • Price Per Sq Ft: 699.53
  • Property Description: Borders Public Land, Borders National Forest, Ski In/Ski Out, Skier Access
  • Real Estate Included: Yes
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 699.53
  • Street Descriptionaccess: Paved
  • Zoning: Residential Single Family
  • Type: Condo
  • Hoa Dogs Allowed: Yes
  • HOA Fees: Yes
  • Internet Service: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 2446.04
  • Year Built: 1984
  • Foreign Owned Y N: No
  • Prop Description Remarks: 2BD/2BA MODERN MOUNTAIN RETREAT AT PURGATORY RESORT!!! This ski-in/ski-out condo has it all, completely remodeled from top to bottom, HUGE unobstructed mountain views, and furniture included in purchase price making for a turn key investment. The unit has bright and light finishes throughout with modern clean lines and a spacious open floor plan living space. The living room features a beautiful wood burning, stone faced fireplace to keep you cozy in winter and a balcony with epic mountain views for relaxing at alpenglow in the summer! Living and dining room flow well into the chef's kitchen with updated appliances, a beautiful waterfall style granite countertop feature, artsy blue porcelain backsplash, and barstool seating to accommodate extra dining guests. There is also luxury vinyl flooring throughout most of the unit and large owner's closets for extra storage options. This has been a successful rental property for the current owners and has potential for future bookings to be transferred at closing making for instant rental equity! Eolus owners become members of the private owner's club upon purchase giving them access to all of the resort off slope amenities including the pool, hot tub, fitness center, game room, tennis courts, and private owner's lounge and restaurant. Eolus also has it's own pool, parking, and ski lockers associated with ownership as an added bonus! Do not miss this opportunity to own a mountain getaway just steps from the slopes today!
  • Subdv Name: Eolus Condos
  • Unit Suite Number: 624
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room: Kitchen Bar, Kitchen/Dining
  • Bedrooms: 2
  • Flooring: Hardwood, Tile, Laminate
  • Estimated Total Sq Ft: 1065
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Fireplace Location Type: Living Room
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Pool: Community
  • Views: Mountains, Valley

Garage/Parking

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

Utilities

  • Utilities: Electric, Internet
  • Electric Supplier: La Plata Electric Association
  • Heating System: Electric Baseboard
  • 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, Landscaping, Sewer, Trash, Water, Snow Removal, Fitness Facility, Parking, Road Maintenance, Common Area Taxes
  • Hoametro Fees: 957
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: Eolus HOA

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

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
Jul 21, 2023
Closed on
Oct 31, 2023
Sold by
Edwards James T and Edwards Lori L
Bought by
Nichols Mollie Crosby
Seller's Agent
Rachel Brinley
Durango Mountain Realty LLC
Buyer's Agent
Erin Dale
RE/MAX Pinnacle
List Price
$760,000
Sold Price
$745,000
Premium/Discount to List
-$15,000
-1.97%
Views
126
Current Estimated Value
$765,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,750
Avg. Annual Appreciation
1.30%
Original Mortgage
$558,750
Outstanding Balance
$549,487
Interest Rate
8.25%
Mortgage Type
New Conventional
Estimated Equity
$216,263

Purchase Details

Closed on
Aug 30, 2021
Sold by
Bernalillo Condo Llc
Bought by
Cooney Properties 113 Llc

Purchase Details

Closed on
Dec 17, 2020
Sold by
Barry Family Trust
Bought by
Amended And Restated John J Barry Iii Revocab

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2020
Sold by
Barry Family Trust
Bought by
Iii Amended and Iii Restated

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2000
Bought by
Barry Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nichols Mollie Crosby $745,000 Land Title
Cooney Properties 113 Llc $233,000 None Listed On Document
Amended And Restated John J Barry Iii Revocab -- Land Title
Iii Amended -- None Available
Barry Family Trust $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nichols Mollie Crosby $558,750
Previous Owner Amended And Restated John J Barry Iii Revocab $284,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2023 10/31/23 Sold $745,000 -2.0% $700 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $760,000 -- $714 / 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 $2,239 $47,600 -- $47,600
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
Source: Public Records

Agents Affiliated with this Home

  • Rachel Brinley

    Seller's Agent in 2023

    Rachel Brinley

    Durango Mountain Realty LLC

    (970) 385-2198

    88 Total Sales

    Rachel Brinley
    Section Image

  • E

    Buyer's Agent in 2023

    Erin Dale

    RE/MAX

    (970) 903-3323

    19 Total Sales

    Erin Dale
    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 806154

Colorado Real Estate Network (CREN)

APN: R022551

Colorado La Plata County Durango 81301

117 Needles Way Unit 624, Durango, CO

Not Listed for Sale

Condos

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