NOT LISTED FOR SALE

1201 Main Ave Unit 205R Durango, CO 81301

The Grid Neighborhood

Estimated Value: $756,690 - $975,000

2 Beds
2 Baths
1,444 Sq Ft
$425/mo HOA Fee

Last Sold April 16, 2019

Last sale price $535,000 $370 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,468/month

Highlights

  • Mountain View
  • Balcony
  • 2 Car Garage
  • Park Elementary School Rated A-
  • Central Air
  • 1-minute walk to Buckley Park

About This Home

As of April 2019

This could be one of a few exceptional top shelf residential units with great deck space, light and location. This unit is currently a professional office space however it can be a residential unit. It was originally designed as a residential unit (two bedroom and two baths). We have estimates from Sachs Construction for converting it to residential. A 7 x 15 balcony provides for a nice space to entertain. Included with this unit is one daytime and one night time parking space, and a storage room in a secure garage.

Last Listed By

John Wells

The Wells Group of Durango, LLC Listed on: 04/02/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,149

Year Built

  • Built in 2007

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,444 Sq Ft Home
  • Mountain Views

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Internet Available

Community Details

  • Association fees include building maintenance, insurance, sewer, trash, water
  • The Lofts At 1201 HOA

Listing and Financial Details

  • Assessor Parcel Number 566529202030

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,149

Year Built

Built in 2007

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Class: RESIDENTIAL
  • Em Deposit: 10,000
  • Em Holder: CTS
  • Exterior Inclusions: Balcony
  • Legal Lot Block: The Lofts at 1201 unit 205
  • Listed In Other Class: Yes
  • List Price per Sq Ft: 394.74
  • Parcel Id Number: 566529202030
  • Price Per Sq Ft: 370.5
  • Real Estate Included: Yes
  • Realist Id: 5665-292-02-030
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 370.5
  • Street Descriptionaccess: City/Town
  • Street Designation: Avenue
  • Zoning: Residential Single Family, Commercial
  • Type: Condo
  • Hoa Dogs Allowed: Yes-w/restrictions
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Provider: Charter Spectrum
  • Internet Service: Yes
  • Lvt Date: 04/02/2019
  • Total Taxes Dollar: 5148.56
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bedrooms: 2
  • Estimated Total Sq Ft: 1444
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Main Level Sq Ft: 1444
  • Total Office Den: 0

Exterior Features

  • Views: Mountains

Garage/Parking

  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Electric, Natural Gas, Internet
  • Cooling: Central A/C
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Sewer Supplier: City of Durango
  • Water Supplier: City of Durango

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Building Maintenance, Insurance, Sewer, Trash, Water
  • Hoametro Fees: 425.44
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: The Lofts at 1201

Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2021
Sold by
Tyler Corinne B
Bought by
Double Properties Llc
Total Days on Market
0
Current Estimated Value
$880,423

Purchase Details

Listed on
Apr 2, 2019
Closed on
Apr 16, 2019
Sold by
A2 Holdings Llc
Bought by
Tyler Corinne B
Seller's Agent
John Wells
The Wells Group of Durango, LLC
Buyer's Agent
Jarrod Nixon
Coldwell Banker Mountain Properties
List Price
$570,000
Sold Price
$535,000
Premium/Discount to List
-$35,000
-6.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%

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
Double Properties Llc -- None Available
Doubletop Properties Llc -- None Available
Tyler Corinne B $535,000 Colorado Ttl & Closing Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bank Of Colord $46,161
Previous Owner A2 Holdings Llc $458,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2019 04/16/19 Sold $535,000 -6.1% $370 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $570,000 -- $395 / 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 $1,663 $41,370 -- $41,370
2023 $1,663 $44,470 $0 $44,470
2022 $1,530 $46,730 $0 $46,730
2021 $1,536 $38,700 $0 $38,700
2020 $1,471 $38,250 $0 $38,250
2019 $6,531 $177,580 $0 $177,580
2018 $6,050 $166,550 $0 $166,550
2017 $5,915 $166,550 $0 $166,550
2016 $5,149 $157,960 $0 $157,960
2015 $4,424 $157,960 $0 $157,960
2014 $4,424 $139,200 $0 $139,200
2013 -- $38,380 $0 $38,380
Source: Public Records

Agents Affiliated with this Home

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Source: Colorado Real Estate Network (CREN)

MLS Number: 755494

Colorado Real Estate Network (CREN)

APN: R432345