NOT LISTED FOR SALE

117 Needles Way Unit 723 Durango, CO 81301

Estimated Value: $870,000 - $1,137,000

2 Beds
2 Baths
1,454 Sq Ft
$882/mo HOA Fee

Last Sold September 21, 2020

Last sale price $489,000 $336 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $6,504/month

38 Days on Market

Highlights

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

About This Home

As of September 2020

PURE LUXURY SKI-IN/SKI-OUT PENTHOUSE 2BD/2BA CONDO WITH PRIVATE HOT TUB AND BBQ DECK AT PURGATORY RESORT! This is one of the very rare and special properties in all of the resort area to feature a large, private, outdoor living space with owner's personal hot tub and custom built-in BBQ, overlooking the Needles mountain range on the 7th floor, end unit, penthouse suite. This unique property has been completely remodeled with granite countertops/backsplash, custom wood flooring/cabinetry, updated bathrooms/fixtures, and luxurious furnishings throughout. With a large kitchen and dining area, and an airy open floor plan, the condo offers ample space for you and your family to start making your mountain memories and providing the opportunity for incredible rental potential for the investment minded buyer. 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

Kathy Hall

Coldwell Banker Mountain Properties

Coldwell Banker Mountain Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,429

Year Built

  • Built in 1984

HOA Fees

  • $882 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Interior Spaces

  • 1,454 Sq Ft Home
  • Furnished
  • Window Treatments
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Indoor Spa

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Garage
  • Basement Garage

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck
  • Outdoor Gas Grill

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 508924315046

Community Details

Overview

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

$2,429

Year Built

Built in 1984

Lot Details

0

HOA Fees

$882 per month

Listing Details

  • Appliance Inclusions: Refrigerator, Washer, Dishwasher, Disposal, Dryer, Microwave, Range/Oven
  • Class: RESIDENTIAL
  • Common Facilities: Club House, Pool, Tennis Courts, Storage, Fitness Facility, Hot Tub, Playground
  • Em Deposit: 7500
  • Em Holder: title company
  • Exterior Inclusions: Deck, Gas Grill, Hot Tub, Balcony
  • Interior Inclusions: Window Coverings, Wired/Cable TV, All Furnishings, Skylight(s), Granite Counters, Hot Tub, Fire Sprinklers
  • Legal Lot Block: Subdivision: EOLUS CDO, PURG VLLG Unit: 505 117 NEEDLES WAY #723 DURANGO 81301
  • Parcel Id Number: 508924315046
  • Price Per Sq Ft: 336.31
  • Property Description: Borders National Forest, Ski In/Ski Out, Skier Access
  • Real Estate Included: Yes
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 336.31
  • Street Descriptionaccess: Paved
  • Zoning: Residential Single Family
  • Type: Condo
  • Hoa Dogs Allowed: Yes-w/restrictions
  • HOA Fees: Yes
  • Internet Service: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 2,429.04
  • Year Built: 1984
  • Foreign Owned Y N: No
  • Prop Description Remarks: PURE LUXURY SKI-IN/SKI-OUT PENTHOUSE 2BD/2BA CONDO WITH PRIVATE HOT TUB AND BBQ DECK AT PURGATORY RESORT! This is one of the very rare and special properties in all of the resort area to feature a large, private, outdoor living space with owner's personal hot tub and custom built-in BBQ, overlooking the Needles mountain range on the 7th floor, end unit, penthouse suite. This unique property has been completely remodeled with granite countertops/backsplash, custom wood flooring/cabinetry, updated bathrooms/fixtures, and luxurious furnishings throughout. With a large kitchen and dining area, and an airy open floor plan, the condo offers ample space for you and your family to start making your mountain memories and providing the opportunity for incredible rental potential for the investment minded buyer. 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.
  • Subdv Name: Eolus Condos
  • Unit Suite Number: 723
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room: Kitchen Bar, Living Room Dining
  • Bedrooms: 2
  • Flooring: Tile, Carpet-Partial, Hardwood
  • Estimated Total Sq Ft: 1454
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Fireplace Location Type: Living Room, Bedroom
  • Total Office Den: 0

Exterior Features

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

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, Landscaping, Sewer, Trash, Water, Snow Removal, Parking, Road Maintenance, Common Area Taxes
  • Hoametro Fees: 882.40
  • 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

Closed on
Aug 8, 2023
Sold by
Johnson Robert W
Bought by
Johnson Robert W and Johnson Kerry K
Current Estimated Value
$1,025,197

Purchase Details

Listed on
Jul 13, 2020
Closed on
Sep 21, 2020
Sold by
Whitney William R and Elliott Denise L
Bought by
Johnson Robert W and Johnson Kerry K
Seller's Agent
Rachel Brinley
Durango Mountain Realty LLC
Buyer's Agent
Kathy Hall
Coldwell Banker Mountain Properties
List Price
$499,000
Sold Price
$489,000
Premium/Discount to List
-$10,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.17%

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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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
Johnson Robert W -- None Listed On Document
Johnson Robert W $489,000 None Listed On Document
Whitney William R $425,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2020 09/21/20 Sold $489,000 -2.0% $336 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $499,000 0.0% $343 / Sq Ft
08/09/2020 08/09/20 Pending -- -- --
08/04/2020 08/04/20 Price Changed $499,000 -10.9% $343 / Sq Ft
07/13/2020 07/13/20 For Sale $560,000 -- $385 / 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 $2,804 $58,640 -- $58,640
2024 $2,804 $58,640 -- $58,640
2023 $2,545 $39,780 $0 $39,780
2022 $2,448 $43,660 $0 $43,660
2021 $2,479 $36,040 $0 $36,040
2020 $2,491 $36,870 $0 $36,870
2019 $2,314 $35,120 $0 $35,120
2015 $2,002 $35,990 $0 $35,990
2014 $2,002 $32,660 $0 $32,660
2013 -- $1,670 $0 $1,670
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
  • Kathy Hall

    Buyer's Agent in 2020

    Kathy Hall

    Coldwell Banker Mountain Properties

    (970) 769-0004

    45 Total Sales

    Kathy Hall
    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 772093

Colorado Real Estate Network (CREN)

APN: R022559

Colorado La Plata County Durango 81301

117 Needles Way Unit 723, Durango, CO

Not Listed for Sale

Condos

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