NOT LISTED FOR SALE

117 Needles Way Unit 722 Durango, CO 81301

Estimated Value: $340,000 - $513,000

-- Bed
1 Bath
485 Sq Ft
$321/mo HOA Fee

Last Sold October 22, 2020

Last sale price $239,000 $493 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,449/month

87 Days on Market

Highlights

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

About This Home

As of October 2020

COZY PENTHOUSE STUDIO SUITE WITH MAGNIFICENT VIEWS AT PURGATORY RESORT! This is a one of a kind opportunity to own a studio on the top floor of the ski-in/ski-out Eolus building at beautiful Purgatory Resort. Being offered fully furnished and completely turn-key, this property features many upgrades including custom wood flooring/cabinetry, granite countertops/backsplash, modern bathroom tile/fixtures, new appliances, and a beautiful furniture package. With it's remarkable location and views, this property has proven to be a successful rental over the years and is ready for you and your family to just move right in and start enjoying the mountain lifestyle! Cozy up next to the wood burning fireplace in the winter and enjoy the private balcony with spectacular views of the Needles mountains in the summer. As an added convenience and luxury, ownership includes assigned parking, an assigned ski locker/owner's storage closet, and exclusive access to the Eolus owner's pool and hot tub facilities. Another added bonus to ownership in Eolus is your membership to the DMMA which will give you and your family access to all of the off slope amenities here at the resort including the private owner's lounge, game room, pool, hot tub, fitness center, optional spa services,and tennis courts.

Last Agent to Sell the Property

Rachel Brinley

Durango Mountain Realty LLC Listed on: 07/13/2020

Co-Listed By

Sean Brinley

SCB and Associates

Last Buyer's Agent

Lesley Gannon-Meiering

Legacy Properties West Sotheby's Int. Realty

Legacy Properties West Sotheby's Int. Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $744

Year Built

  • Built in 1984

HOA Fees

  • $321 Monthly HOA Fees

Interior Spaces

  • 1 Full Bathroom
  • 485 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Window Treatments
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Mountain Views

Kitchen

  • Oven or Range
  • Microwave
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

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
  • Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 508924315045

Community Details

Overview

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

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

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

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$744

Year Built

Built in 1984

Lot Details

0

HOA Fees

$321 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Disposal, Microwave
  • Class: RESIDENTIAL
  • Common Facilities: Club House, Pool, Tennis Courts, Fitness Facility, Hot Tub, Playground, Storage
  • Em Deposit: 3500
  • Em Holder: title company
  • Exterior Inclusions: Balcony
  • Interior Inclusions: Window Coverings, Wired/Cable TV, All Furnishings, Granite Counters, Fire Sprinklers
  • Legal Lot Block: Subdivision: EOLUS CDO, PURG VLLG Unit: 504 117 NEEDLES WAY #722 DURANGO 81301
  • List Price per Sq Ft: 492.78
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 508924315045
  • Price Per Sq Ft: 492.78
  • Property Description: Borders National Forest, Ski In/Ski Out, Skier Access
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 492.78
  • Street Descriptionaccess: Paved
  • 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: 743.80
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 17

Interior Features

  • Dining Room: Kitchen/Dining
  • Flooring: Hardwood, Tile
  • Estimated Total Sq Ft: 485
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Fireplace Location Type: Living Room
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Pool: Community, In-Ground
  • Views: Mountains

Garage/Parking

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

Utilities

  • Utilities: Electric, Cable TV, Internet, Phone - Cell Reception, Phone - Landline
  • 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, Landscaping, Sewer, Trash, Water, Snow Removal, Parking, Road Maintenance, Common Area Taxes
  • Hoametro Fees: 321.45
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: Eolus

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

Listed on
Jul 13, 2020
Closed on
Oct 22, 2020
Sold by
Whitney William R and Elliott Denise L
Bought by
Sanford Emily Johnson and Sanford Larry E
Seller's Agent
Rachel Brinley
Durango Mountain Realty LLC
Buyer's Agent
Lesley Gannon-Meiering
Legacy Properties West Sotheby's Int. Realty
List Price
$239,000
Sold Price
$239,000
Current Estimated Value
$390,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,698
Avg. Annual Appreciation
10.05%

Purchase Details

Listed on
Jul 13, 2020
Closed on
Oct 20, 2020
Sold by
Whitney William R and Elliott Denise L
Bought by
Johnson Emily and Sanford Larry E
Seller's Agent
Rachel Brinley
Durango Mountain Realty LLC
Buyer's Agent
Lesley Gannon-Meiering
Legacy Properties West Sotheby's Int. Realty
List Price
$239,000
Sold Price
$239,000

Purchase Details

Closed on
May 1, 2000
Bought by
Whitney William R
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
Sanford Emily Johnson $239,000 T Title Durango
Johnson Emily $239,000 New Title Company Name
Whitney William R $425,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2020 10/22/20 Sold $239,000 0.0% $493 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $239,000 -- $493 / 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 $901 $21,740 -- $21,740
2024 $818 $11,800 -- $11,800
2023 $818 $14,610 $0 $14,610
2022 $901 $16,060 $0 $16,060
2021 $912 $13,260 $0 $13,260
2020 $763 $11,290 $0 $11,290
2019 $709 $10,760 $0 $10,760
2015 $613 $11,020 $0 $11,020
2014 $613 $10,000 $0 $10,000
2013 -- $560 $0 $560
Source: Public Records

Agents Affiliated with this Home

  • Rachel Brinley

    Seller's Agent in 2020

    Rachel Brinley

    Durango Mountain Realty LLC

    (970) 385-2198

    88 Total Sales

    Rachel Brinley
    Section Image

  • S

    Seller Co-Listing Agent in 2020

    Sean Brinley

    SCB and Associates

    (970) 749-4040

    10 Total Sales

    Sean Brinley
    Section Image

  • L

    Buyer's Agent in 2020

    Lesley Gannon-Meiering

    Legacy Properties West Sotheby's Int. Realty

    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 772092

Colorado Real Estate Network (CREN)

APN: R022558

Colorado La Plata County Durango 81301

117 Needles Way Unit 722, Durango, CO

Not Listed for Sale

Condos

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