$900,000
SOLD NOV 1, 2024

117 Needles Way Unit Eolus 422 Durango, CO 81301

3 Beds
3 Baths
1,562 Sq Ft
$1,298/mo HOA Fee

Recently Sold

$576 Per Sq Ft

3% Below List Price

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 November 2024

GORGEOUSLY REMODELED SKI-IN SKI-OUT CONDO WITH INCREDIBLE VIEWS AND AN AMAZING LOCATION! Discover luxury and convenience with this beautifully remodeled three-bedroom condo in the heart of Purgatory Resort. With an enviable ski-in ski-out location, this home offers not only breathtaking mountain views but also a host of exquisite features and amenities. Upon entering, you'll be captivated by the designer-level furnishings, accents, and artwork that adorn every corner of this meticulously renovated space. The main master suite is a sanctuary in itself, featuring expansive views of both the mountains and slopes, a private fireplace, and a stunning new bathroom. A second master suite, equally luxurious, opens onto a private balcony, providing a serene retreat for guests. Ideal for accommodating multiple families or a large group, the third bedroom is thoughtfully designed with four bunk beds, ensuring comfort and convenience for up to ten guests. The living room is a cozy haven with a charming tongue and groove ceiling, a second fireplace, and mountain views accessible through a private balcony door. The kitchen is equipped with quartz countertops, new cabinetry, stainless steel appliances, and high-end vinyl plank flooring that extends throughout the living spaces. Both master bathrooms feature custom showers, complemented by new plumbing and lighting fixtures, as well as stylish new window coverings and baseboard heaters throughout the condo. Residents of the Eolus building enjoy exclusive access to a private pool and two commercial hot tubs, perfect for relaxing après-ski. Additionally, owners benefit from full access to the resort's main lodge amenities, including a year-round pool and hot tub, fitness center, spa services, private owners lounge and bar, and a dedicated game room for children. Exclusive discounts are also available at nearby shops and restaurants, along with access to the tennis court in Engineer Village. Whether you're seeking a luxurious mountain retreat for yourself or a lucrative vacation rental investment, this turnkey condo offers both. Don't miss your chance to own a piece of paradise in the premier location of Purgatory Resort. Schedule your private showing today and envision the lifestyle this exceptional property affords.

Last Agent to Sell the Property

Phil

Durango Mountain Realty LLC Listed on: 06/24/2024

Last Buyer's Agent

Randall Burton

Berkshire Hathaway HomeServices Colorado Properties

Berkshire Hathaway HomeServices Colorado Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,160

Year Built

  • Built in 1985 | Remodeled in 2024

HOA Fees

  • $1,298 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,562 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Tongue and Groove Ceiling
  • Double Pane Windows
  • Window Treatments
  • Wood Frame Window
  • Great Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Mountain Views

Kitchen

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

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Bedroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Garage
  • Basement Garage

Outdoor Features

  • In Ground Pool
  • Deck

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 508924315015

Community Details

Overview

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

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

$3,160

Year Built

Built in 1985 | Remodeled in 2024

Lot Details

0

HOA Fees

$1,298 per month

Listing Details

  • Appliance Inclusions: Refrigerator, Washer, Dishwasher, Disposal, Dryer, Microwave, Range/Oven
  • Class: RESIDENTIAL
  • Common Facilities: Pool, Spa, Tennis Courts, Fitness Facility, Hot Tub, Park, Playground
  • Elevation: 9000
  • Em Deposit: 15000
  • Em Holder: Title Company
  • Exterior Inclusions: Deck
  • Interior Inclusions: Window Coverings, Wired/Cable TV, All Furnishings, W/D Hookup, Granite Counters, T&G Ceilings, Fire Sprinklers
  • Legal Lot Block: Subdivision: EOLUSCDO, PURG VLLG Unit: 204
  • Parcel Id Number: 508924315015
  • Price Per Sq Ft: 576.18
  • Property Attached: Yes
  • Property Description: Borders National Forest, Ski In/Ski Out, Skier Access
  • Real Estate Included: Yes
  • Realist Id: 5089-243-15-015
  • Residence Stories: One Story
  • Residence Style: Contemporary
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 576.18
  • Street Descriptionaccess: Paved, Cul-de-Sac, Public Winter Maintenance
  • Street Designation: Way
  • 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: 3160
  • Year Built: 1985
  • Year Renovated: 2024
  • Foreign Owned Y N: No
  • Prop Description Remarks: GORGEOUSLY REMODELED SKI-IN SKI-OUT CONDO WITH INCREDIBLE VIEWS AND AN AMAZING LOCATION! Discover luxury and convenience with this beautifully remodeled three-bedroom condo in the heart of Purgatory Resort. With an enviable ski-in ski-out location, this home offers not only breathtaking mountain views but also a host of exquisite features and amenities. Upon entering, you'll be captivated by the designer-level furnishings, accents, and artwork that adorn every corner of this meticulously renovated space. The main master suite is a sanctuary in itself, featuring expansive views of both the mountains and slopes, a private fireplace, and a stunning new bathroom. A second master suite, equally luxurious, opens onto a private balcony, providing a serene retreat for guests. Ideal for accommodating multiple families or a large group, the third bedroom is thoughtfully designed with four bunk beds, ensuring comfort and convenience for up to ten guests. The living room is a cozy haven with a charming tongue and groove ceiling, a second fireplace, and mountain views accessible through a private balcony door. The kitchen is equipped with quartz countertops, new cabinetry, stainless steel appliances, and high-end vinyl plank flooring that extends throughout the living spaces. Both master bathrooms feature custom showers, complemented by new plumbing and lighting fixtures, as well as stylish new window coverings and baseboard heaters throughout the condo. Residents of the Eolus building enjoy exclusive access to a private pool and two commercial hot tubs, perfect for relaxing après-ski. Additionally, owners benefit from full access to the resort's main lodge amenities, including a year-round pool and hot tub, fitness center, spa services, private owners lounge and bar, and a dedicated game room for children. Exclusive discounts are also available at nearby shops and restaurants, along with access to the tennis court in Engineer Village. Whether you're seeking a luxurious mountain retreat for yourself or a lucrative vacation rental investment, this turnkey condo offers both. Don't miss your chance to own a piece of paradise in the premier location of Purgatory Resort. Schedule your private showing today and envision the lifestyle this exceptional property affords.
  • Subdv Name: Eolus Condos
  • Unit Suite Number: 422
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 17

Interior Features

  • Dining Room: Kitchen Bar, Living Room Dining
  • Bedrooms: 3
  • Flooring: Tile, Vinyl, Engineered Flooring, Carpet-Partial
  • Estimated Total Sq Ft: 1562
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 2
  • Fireplace Location Type: Living Room, Bedroom
  • Great Room: Yes
  • Main Level Sq Ft: 1562
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

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

Garage/Parking

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

Utilities

  • Utilities: Electric, Phone - Landline, Cable TV, Internet - DSL, Phone - Cell Reception
  • 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, Sewer, Trash, Water, Snow Removal, Parking, Common Area Taxes
  • Hoametro Fees: 1298
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: Eolus Condominiums

Schools

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

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

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
Jun 24, 2024
Closed on
Nov 1, 2024
Sold by
Williams Cynthia K and Williams Justin Thomas
Bought by
Kn Purgy Llc
Seller's Agent
Phil
Durango Mountain Realty LLC
Buyer's Agent
Randall Burton
Berkshire Hathaway HomeServices Colorado Properties
List Price
$925,000
Sold Price
$900,000
Premium/Discount to List
-$25,000
-2.7%
Total Days on Market
87
Views
25
Current Estimated Value
$903,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,679
Avg. Annual Appreciation
0.66%
Original Mortgage
$225,000
Outstanding Balance
$223,435
Interest Rate
6.09%
Mortgage Type
Construction
Estimated Equity
$680,244

Purchase Details

Closed on
May 24, 2021
Sold by
Into The Music Llc
Bought by
Williams Cynthia K and Williams Justin Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2018
Sold by
Durago Mountain Land Company Llc
Bought by
Into The Music Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
May 27, 2015
Sold by
Jmg & Lrg Properties Llc
Bought by
Durango Mountain Land Company Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $900,000 Land Title Guarantee
Warranty Deed $480,000 Colorado Escrow & Title
Special Warranty Deed $375,000 Colorado Title & Clordlg Svc
Special Warranty Deed $400,000 Colorado Land Title Co Llc
Warranty Deed -- Colorado Land Title Co Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $225,000 Construction
Previous Owner $360,000 New Conventional
Previous Owner $360,000 New Conventional
Previous Owner $262,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Sold $900,000 -2.7% $576 / Sq Ft
09/19/2024 09/19/24 Pending -- -- --
06/24/2024 06/24/24 For Sale $925,000 -- $592 / 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
2024 $2,800 $40,410 -- $40,410
2023 $2,800 $45,600 $0 $45,600
2022 $2,646 $37,930 $0 $37,930
2021 $2,680 $38,960 $0 $38,960
2020 $2,241 $33,170 $0 $33,170
2019 $2,083 $31,620 $0 $31,620
2018 $1,948 $29,590 $0 $29,590
2017 $1,924 $29,590 $0 $29,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 815141

Colorado Real Estate Network (CREN)

APN: R022528