NOT LISTED FOR SALE

118 River Oaks Dr Durango, CO 81303

Estimated Value: $363,000 - $1,040,000

0.29 Acre
$1,934,941 Price per Acre
12,632 Sq Ft Lot

Last Sold August 26, 2021

Last sale price $360,000

Est. 56% increase in value since last sale

Current estimated payment $3,493/month

222 Days on Market

Highlights

  • Fishing Allowed
  • River Front
  • Adjacent to Greenbelt
  • Park Elementary School Rated A-
  • Creek or Stream View
  • Level Lot

About This Lot

As of August 2021

This level lot is available for immediate build with Animas River frontage and direct access to the Animas River Trail. It is set in a quiet, upscale neighborhood of stately homes. It is the only building site available on River Oaks Drive. The lot rear is south facing with a postcard view of the Purple Cliffs and Durango's south river valley. Walk to area shopping/services or utilize paved city maintained roads to access US Hwy 160/550 nearby. This location is ideal for those wanting to build a showcase home in a quiet, cohesive neighborhood with superior access to all that Durango has to offer including DRO airport, Mercy Medical Center, downtown Durango, the eastern growth corridor and area attractions/recreation.

Last Listed By

Patrick Jones

Coldwell Banker Distinctive Properties Listed on: 01/06/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,829

Year Built

  • 2023

Lot Details

  • 0.29 Acre Lot
  • River Front
  • Adjacent to Greenbelt
  • Open Space
  • Level Lot
  • Corners Of The Lot Have Been Marked

Property Views

  • Creek or Stream
  • Mountain
  • Valley

Schools

  • Sunnyside K-5 Elementary School
  • Escalante 6-8 Middle School
  • Durango 9-12 High School

Utilities

  • Internet Available
  • Phone Available

Community Details

  • Fishing Allowed

Listing and Financial Details

  • Security Deposit $10,000
  • Assessor Parcel Number 566909202016

Property Details

Property Type

Land

Est. Annual Taxes

$2,829

Year Built

2023

Lot Details

0

Listing Details

  • Class: Land
  • Elevation: 6380
  • Em Holder: Title Durango
  • Fronts: Animas River/River Trail
  • Legal Lot Block: ESCALANTE CROSSING PD Lot: 16 118 RIVER OAKS DR DURANGO 81303
  • Lot Dimension: Prox 95' X 135'
  • Lot Size Acreage: .25-.5 Acres
  • Parcel Id Number: 566909202016
  • Property Description: Adj To Greenbelt, Adj To Open Space, Corners Marked, Fishing Rights
  • Street Descriptionaccess: City/Town, Paved
  • Street Designation: Drive
  • Waterfront Type: River/Stream
  • Zoning: Residential Single Family
  • Domestic Sewer: Sewer Tap Available
  • Domestic Water: Public
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 0.29
  • Current Property Use: Residential Single Family
  • Em Deposit: 10000
  • Possible Property Use: Residential Single Family
  • Mineral Rights: Unknown
  • Price Acre: 1706896.55
  • Topography: Level
  • Price per Sq Ft: 39.18
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 1241379.31
  • Water Tap Available: Yes
  • Total Taxes Dollar: 2829.40
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2023

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains, Valley, Stream/River
  • Waterfront: Yes

Utilities

  • Utilities: Electricity, Phone, Natural Gas, Internet, Phone - Landline, Phone - Cell Reception
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Water Supplier: City Of Durango

Schools

  • Elementary School: Sunnyside K-5
  • Middle School: Escalante 6-8
  • High School: Durango 9-12
  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2019

MLS Schools

  • Elementary School: Sunnyside K-5
  • Middle School: Escalante 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2023
Sold by
Cooney Properties 110 Llc
Bought by
Keefover Dion Family Trust
Total Days on Market
222
Current Estimated Value
$561,133

Purchase Details

Listed on
Jan 6, 2021
Closed on
Aug 25, 2021
Sold by
Rinkenberger Timothy J and Rinkenberger Gwenn R
Bought by
Cooney Properties 110 Llc
Seller's Agent
Patrick Jones
Coldwell Banker Distinctive Properties
Buyer's Agent
Amber Johnson
Durango Land and Homes
List Price
$525,000
Sold Price
$360,000
Premium/Discount to List
-$165,000
-31.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.46%

Purchase Details

Closed on
Jun 27, 2002
Bought by
Rinkenberger Gwenn R and Rinkenberger Timothy J

Range of Values:

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Average Value
Not Available
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
Keefover Dion Family Trust -- None Listed On Document
Cooney Properties 110 Llc $360,000 T Title Durango
Rinkenberger Gwenn R $1,100,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2021 08/26/21 Sold $360,000 -27.3% --
08/16/2021 08/16/21 Pending -- -- --
06/24/2021 06/24/21 Price Changed $495,000 -5.7% --
01/06/2021 01/06/21 For Sale $525,000 -- --
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 $4,407 $42,490 $24,410 $18,080
2023 $4,407 $110,480 $110,480 $0
2022 $3,128 $114,840 $114,840 $0
2021 $3,054 $77,520 $77,520 $0
2020 $2,958 $77,520 $77,520 $0
2019 $2,829 $77,520 $77,520 $0
2018 $2,587 $71,780 $71,780 $0
2017 $2,530 $71,780 $71,780 $0
2016 $1,968 $60,870 $60,870 $0
2015 $1,843 $60,870 $60,870 $0
2014 -- $63,160 $63,160 $0
2013 -- $63,160 $63,160 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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