NOT LISTED FOR SALE

117 Needles Way Unit 720 Durango, CO 81301

Estimated Value: $1,192,779 - $1,307,000

3 Beds
3 Baths
1,559 Sq Ft
$1,300/mo HOA Fee

Last Sold November 21, 2024

Last sale price $1,300,000 $834 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $8,239/month

657 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 November 2024

A rare three-bedroom condo with a lockout master suite. Top floor, with breathtaking panoramic views and direct ski in/ski out access! 2 master bedrooms with balconies and private baths, with 3 bedrooms and 3 bathrooms total. This unit faces both the ski slopes and stunning Needles Mountains and is being sold fully furnished. All new furnishing bought in the last 6 months. The Eolus building has two large hot tubs and a seasonal pool strictly for use by its owner and guests. Additionally, owners will have full access to the DMMA private club across the plaza in the Purgatory Lodge. Private year-round pool and expansive hot tub, fitness facility, tennis courts. Private owner's restaurant and Bar.

Last Agent to Sell the Property

Sean Wren

Durango Mountain Realty LLC Listed on: 12/23/2022

Last Buyer's Agent

Liesl Luy

Durango Mountain Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,120

Year Built

  • Built in 1985 | Remodeled in 2022

HOA Fees

  • $1,300 Monthly HOA Fees

Interior Spaces

  • 1,559 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Formal Dining Room
  • Den with Fireplace
  • Mountain Views

Kitchen

  • Convection Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Bedroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Basement Garage

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 508924315043

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,120

Year Built

Built in 1985 | Remodeled in 2022

Lot Details

0

HOA Fees

$1,300 per month

Listing Details

  • Appliance Inclusions: Refrigerator, Washer, Oven-Convection, Dishwasher, Disposal, Dryer, Microwave, Range/Oven
  • Class: RESIDENTIAL
  • Common Facilities: Club House, Pool, Spa, Tennis Courts, Fitness Facility, Hot Tub, Playground
  • Em Deposit: 100000
  • Em Holder: Title Company
  • Interior Inclusions: Window Coverings, Wired/Cable TV, All Furnishings, Ceiling Fan(s), Granite Counters, Pantry
  • Legal Lot Block: Subdivision: EOLUS CDO, PURGATORY VILLAGE UNIT: 502 117 NEEDLES WAY #720 DURANGO COLORADO 81301
  • Parcel Id Number: 508924315043
  • Price Per Sq Ft: 833.87
  • Property Description: Borders Public Land, Borders National Forest, Ski In/Ski Out, Skier Access
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Residence Style: Modern
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 833.87
  • Street Designation: Way
  • Zoning: Residential Single Family
  • Type: Condo
  • Hoa Dogs Allowed: Yes-w/restrictions
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Service: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 3120.00
  • Year Built: 1985
  • Year Renovated: 2022
  • Foreign Owned Y N: No
  • Prop Description Remarks: A rare three-bedroom condo with a lockout master suite. Top floor, with breathtaking panoramic views and direct ski in/ski out access! 2 master bedrooms with balconies and private baths, with 3 bedrooms and 3 bathrooms total. This unit faces both the ski slopes and stunning Needles Mountains and is being sold fully furnished. All new furnishing bought in the last 6 months. The Eolus building has two large hot tubs and a seasonal pool strictly for use by its owner and guests. Additionally, owners will have full access to the DMMA private club across the plaza in the Purgatory Lodge. Private year-round pool and expansive hot tub, fitness facility, tennis courts. Private owner's restaurant and Bar.
  • Subdv Name: Eolus Condos
  • Unit Suite Number: #720
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 17

Interior Features

  • Dining Room: Island, Separate Dining
  • Bedrooms: 3
  • Estimated Total Sq Ft: 1559
  • Full Bathrooms: 3
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 3
  • Fireplace Location Type: Bedroom, Den/Family Room
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Pool: Community
  • Views: Mountains

Garage/Parking

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

Utilities

  • Utilities: Electric, Phone - Landline, 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, Management, Parking, Common Area Taxes
  • Hoametro Fees: 1300
  • 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: 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
Dec 23, 2022
Closed on
Nov 21, 2024
Sold by
Bordano William and Bordano Karen
Bought by
Boer Sydney and Curtis Justin Lee
Seller's Agent
Sean Wren
Durango Mountain Realty LLC
Buyer's Agent
Liesl Luy
Durango Mountain Realty LLC
List Price
$1,600,000
Sold Price
$1,300,000
Premium/Discount to List
-$300,000
-18.75%
Views
332
Current Estimated Value
$1,261,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,555
Avg. Annual Appreciation
-2.75%
Original Mortgage
$1,040,000
Outstanding Balance
$1,031,663
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$229,782

Purchase Details

Listed on
May 20, 2022
Closed on
Aug 18, 2022
Sold by
Alexander Jr Thomas P
Bought by
Bordano William and Bordano Karen
Seller's Agent
Sean Wren
Durango Mountain Realty LLC
Buyer's Agent
Liesl Luy
Durango Mountain Realty LLC
List Price
$1,200,000
Sold Price
$1,000,000
Premium/Discount to List
-$200,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.31%

Purchase Details

Closed on
Jan 31, 2017
Sold by
Alexander Thomas P and Alexander Cynthia Elizabeth
Bought by
Alexander Thomas P

Purchase Details

Closed on
Nov 28, 2011
Sold by
Alexander Bettye M
Bought by
Alexander Bettye M
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
Boer Sydney $1,300,000 Land Title
Boer Sydney $1,300,000 Land Title
Bordano William $1,000,000 None Listed On Document
Alexander Thomas P -- None Available
Alexander Bettye M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boer Sydney $1,040,000
Closed Boer Sydney $1,040,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2024 11/21/24 Sold $1,300,000 -7.1% $834 / Sq Ft
10/10/2024 10/10/24 Pending -- -- --
07/20/2024 07/20/24 Price Changed $1,400,000 -3.4% $898 / Sq Ft
03/06/2024 03/06/24 Price Changed $1,450,000 -3.3% $930 / Sq Ft
07/18/2023 07/18/23 Price Changed $1,500,000 -6.3% $962 / Sq Ft
12/23/2022 12/23/22 For Sale $1,600,000 +60.0% $1,026 / Sq Ft
08/18/2022 08/18/22 Sold $1,000,000 -16.7% $641 / Sq Ft View Prior Sale
07/28/2022 07/28/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $1,200,000 -- $770 / 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 $3,718 $76,480 -- $76,480
2024 $3,374 $48,690 -- $48,690
2023 $3,374 $54,290 $0 $54,290
2022 $3,080 $56,210 $0 $56,210
2021 $3,120 $45,350 $0 $45,350
2020 $2,610 $38,640 $0 $38,640
2019 $2,425 $36,810 $0 $36,810
2018 $2,290 $34,780 $0 $34,780
2017 $2,262 $34,780 $0 $34,780
2016 $2,343 $37,720 $0 $37,720
2015 $2,098 $37,720 $0 $37,720
2014 $2,098 $34,230 $0 $34,230
2013 -- $34,230 $0 $34,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 800181

Colorado Real Estate Network (CREN)

APN: R022556