NOT LISTED FOR SALE

1187 Cherry Gulch Rd Durango, CO 81301

Estimated Value: $1,532,000 - $1,831,000

4 Beds
3.5 Baths
3,519 Sq Ft
$474/Sq Ft Est. Value

Sale Details

Date Sold: September 14, 2021

Last sale price $1,307,500 $372 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $9,231 / mo

43 Days on Market

Highlights

  • RV or Boat Parking
  • 39.74 Acre Lot
  • 4 Car Attached Garage
  • Park Elementary School Rated A-
  • Great Room

About This Home

As of September 2021

Live your Colorado dream in a rare, true Timber Frame home on 39+ rolling acres only ten minutes from town! Quiet and serene as you amble down the driveway and pull up to this understated beauty. Timber Frame accents greet you as you walk up to the front porch and enter this jewel that has been meticulously maintained, so let your eyes sweep to the expert craftsmanship on display throughout this home. Living room opens to the covered, private balcony allowing for many mornings, afternoons & evenings to enjoy all nature has to provide. Well laid out kitchen opens to offer ample counter space for all your cooking and entertainment needs. Dining area has its own "deck," giving expansive views to feed your soul. Main floor master is also accentuated by timber framing, embracing well-earned rest after a day of Colorado play. Access to a dual vanity, shower, walk-in closet, water closet and an oversized dream laundry room with storage and lots of counter space, round out the main floor while leading to the oversized 2+ car attached garage. Mosey on downstairs, passing by the "stair to ceiling" bank of windows and enter the family room with doorwall-to-paver bricked patio along with a bank of storage cabinets to house most things you can think of, from linens to games. Two additional, well-sized bedrooms with large windows let the outside in and are serviced by a full bathroom. As you head outside, take the stone path to the freshly installed greenhouse, where all the plants you can fit in will flourish - complete with hookup for watering/misting capabilities, right next to the fenced garden with raised beds to complete the gardening aficionado needs. And wait - there's more!! Continue to the sweet, oversized shop with 2 overhead doors which could easily fit 2 vehicles or provide all the room you need for your recreational toys, while boasting full outside RV hookup service. Nestled on top of the shop is the 576 square foot, 1 bedroom guest quarters accentuated by strategically placed windows and skylights, making for light and bright accommodations. Offering a minimized great room concept, with kitchen opening to living room, enjoying the wood stove while preparing meals or just enjoying the space in general. Additionally, full bath and bedroom round out this wonderfully designed space - keeping guests close and comfortable while not underfoot. Just when you think you couldn't possibly have any more features, walk further down the driveway to the pole barn & shed, offering additional storage options. Additionally, the entire property is efficiently solar-powered, minimizing electricity consumption while being environmentally friendly, and extensive timber mitigation has created beautifully open acreage for your enjoyment and safety. This property just keeps on giving, schedule your viewing experience today!

Last Agent to Sell the Property

Samantha Gallant

Keller Williams Realty Southwest Associates, LLC Listed on: 06/20/2021

Keller Williams Realty Southwest Associates, LLC

Last Buyer's Agent

Brian Willemin

RE/MAX Pinnacle

RE/MAX Pinnacle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,402

Year Built

  • Built in 2014

Lot Details

  • 39.74 Acre Lot

Home Design

  • Stick Built Home

Interior Spaces

  • 3,519 Sq Ft Home
  • Great Room
  • Family Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 4 Car Attached Garage
  • RV or Boat Parking

Schools

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

Utilities

  • Well
  • Septic Tank
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 566121201008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,402

Year Built

Built in 2014

Lot Details

39.74 Acres

Listing Details

  • Estimated Total Acres: 39.74
  • Class: RESIDENTIAL
  • Em Deposit: 30,000
  • Em Holder: LTGC
  • Legal Lot Block: Subdivision: DURANGO WEST PRJ #1 Lot: 2 AND:- Lot: 3 LOT 3 & PT OF LOT 2, DEPOSIT PL #1484 PROJ 2002-073
  • List Price per Sq Ft: 397.8
  • Parcel Id Number: 566121201008
  • Price Per Sq Ft: 371.55
  • Real Estate Included: Yes
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 371.55
  • Tax Account Id: R428965
  • Type: Stick Built
  • Internet Service: Yes
  • Total Taxes Dollar: 2402.28
  • Year Built: 2014
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Estimated Total Sq Ft: 3519
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 4
  • Family Room: Yes
  • Great Room: Yes
  • Total Office Den: 0

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 4

Utilities

  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Sewer Supplier: Septic
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 285596

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2021
Closed on
Sep 9, 2021
Sold by
Teraberry David G and Teraberry Heidi A
Bought by
Norgaard Larsen Lasse and Gade Jessica M
Seller's Agent
Samantha Gallant
Keller Williams Realty Southwest Associates, LLC
Buyer's Agent
Brian Willemin
RE/MAX Pinnacle
List Price
$1,399,875
Sold Price
$1,307,500
Premium/Discount to List
-$92,375
-6.6%
Current Estimated Value
$1,668,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,432
Avg. Annual Appreciation
5.46%
Original Mortgage
$957,500
Outstanding Balance
$869,953
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$798,979

Purchase Details

Closed on
Aug 13, 2007
Sold by
Simpson Matilda K
Bought by
Teraberry David G
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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Purchase History

Date Buyer Sale Price Title Company
Norgaard Larsen Lasse $1,307,500 Land Title Guarantee Co
Teraberry David G $285,000 Colorado Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norgaard Larsen Lasse $957,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2021 09/14/21 Sold $1,307,500 -6.6% $372 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
06/20/2021 06/20/21 For Sale $1,399,875 -- $398 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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 $3,862 $105,820 $14,840 $90,980
2024 $3,307 $78,760 $12,310 $66,450
2023 $3,307 $82,240 $12,860 $69,380
2022 $2,464 $85,520 $13,370 $72,150
2021 $2,477 $59,700 $12,990 $46,710
2020 $2,183 $54,250 $12,060 $42,190
2019 $2,092 $54,250 $12,060 $42,190
2018 $1,984 $51,490 $13,770 $37,720
2017 $1,942 $51,490 $13,770 $37,720
2016 $1,842 $52,930 $14,750 $38,180
2015 $747 $52,930 $14,750 $38,180
2014 $747 $21,970 $14,750 $7,220
2013 -- $21,970 $14,750 $7,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 783550

Colorado Real Estate Network (CREN)

APN: R428965

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