NOT LISTED FOR SALE

122 Rancho Paraiso Dr Durango, CO 81303

Estimated Value: $718,000

11.17 Acres
$64,279 Price per Acre
486,565 Sq Ft Lot

Last Sold August 23, 2024

Last sale price $220,000

Est. 226% increase in value since last sale

Current estimated payment $4,151/month

46 Days on Market

Highlights

  • Horses Allowed On Property
  • 11.17 Acre Lot
  • Pasture
  • Durango High School Rated A-
  • Mountain View
  • 11 Irrigated Acres

About This Lot

As of August 2024

Welcome to Rancho Paraiso. This new 2-lot subdivision is located on Florida Mesa with mountain views and rolling hills in every direction. Rancho Paraiso is the perfect blend of Colorado country living and the convenience of in-town living; shopping, dining, entertainment, and more are an easy drive to Durango and Three Springs. Each lot is just over 11 acres and each has 11 acre feet of water/irrigation rights, making it perfect for small hobby farms or equestrian estates. Rancho Paraiso is located just 10 miles south of Historic downtown Durango. Three Springs, Mercy Hospital, Walmart, Home Depot, and the Durango Airport are 8 miles. Electricity runs on the West and North property boundaries. The buyer will be responsible for installing septic, electric, and water well. Installation of the irrigation lines is complete! New Gated entrance! A guest home or ADU/Apartment is allowed. Modular homes are allowed with approval. An RV pad is also allowed and can be used during construction. Call today for more information and a private showing!

Last Agent to Sell the Property

Jeron Plotnik

R1 Colorado Listed on: 06/10/2024

Last Buyer's Agent

Makala Jewell

EXIT Realty Home & Ranch

EXIT Realty Home & Ranch

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,965

Lot Details

  • 11.17 Acre Lot
  • Property is Fully Fenced
  • Barbed Wire
  • Lot Has A Rolling Slope
  • Property is zoned Agriculture

Schools

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

Farming

  • 11 Irrigated Acres
  • Hay
  • Pasture
  • Cattle
  • Livestock
  • Sheep or Goats

Utilities

  • Propane
  • Irrigation Water Rights
  • Phone Available

Additional Features

  • Mountain Views
  • Horses Allowed On Property

Listing and Financial Details

  • Security Deposit $5,000
  • Assessor Parcel Number 590528100086

Property Details

Property Type

Land

Est. Annual Taxes

$2,965

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Title
  • Legal Lot Block: Subdivision: PARAISO SD Lot: 1 PROJ NO 2022-0177 PER PLAT 1223558
  • Livestock Allowed: Cattle, Horses, Poultry, Sheep
  • Lot Size Acreage: 11-20 Acres
  • Parcel Id Number: 590528100086
  • Property Description: Pasture
  • Street Descriptionaccess: County, Paved, Shared Drive
  • Street Designation: Drive
  • Zoning: Agriculture, Residential Single Family
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Irrigation Acres: 10.89
  • Estimated Total Acres: 11.17
  • Current Property Use: Cattle, Horses, Poultry, Hay Pasture/Prod., Residential Single Family, Grazing(no Irrig.), Ag/Livestock, Pasture(irrigated)
  • Em Deposit: 5000
  • Possible Property Use: Residential Single Family, Aglivestock, Cattle, Hay Pasture/Prod., Horses, Pasture (irrigated), Poultry
  • Water Rights Irrigation: Yes
  • Irr Water Descamnt: Florida
  • Mineral Rights: Unknown
  • Price Acre: 21038.5
  • Topography: Rolling
  • Modularmobile Allow: Modular Only
  • Price per Sq Ft: 0.48
  • Sold Priceacre: 19695.61
  • Prop Description Remarks: Welcome to Rancho Paraiso. This new 2-lot subdivision is located on Florida Mesa with mountain views and rolling hills in every direction. Rancho Paraiso is the perfect blend of Colorado country living and the convenience of in-town living; shopping, dining, entertainment, and more are an easy drive to Durango and Three Springs. Each lot is just over 11 acres and each has 11 acre feet of water/irrigation rights, making it perfect for small hobby farms or equestrian estates. Rancho Paraiso is located just 10 miles south of Historic downtown Durango. Three Springs, Mercy Hospital, Walmart, Home Depot, and the Durango Airport are 8 miles. Electricity runs on the West and North property boundaries. The buyer will be responsible for installing septic, electric, and water well. Installation of the irrigation lines is complete! New Gated entrance! A guest home or ADU/Apartment is allowed. Modular homes are allowed with approval. An RV pad is also allowed and can be used during construction. Call today for more information and a private showing!
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Fence: Barbed Wire, Full Property
  • Views: Mountains

Utilities

  • Utilities: Propane Required, Electricity Near, Phone Near
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Irrigation Water District: Florida
  • Water Supplier: Well

Schools

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

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Florida Mesa K-5
  • Middle School: Escalante 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2024
Closed on
Aug 30, 2024
Sold by
Chapman Georgean
Bought by
Glover Reese Elizabeth and Glover Marion Elizabeth
Seller's Agent
Jeron Plotnik
R1 Colorado
Buyer's Agent
Makala Jewell
EXIT Realty Home & Ranch
List Price
$249,000
Sold Price
$220,000
Premium/Discount to List
-$29,000
-11.65%
Views
29
Current Estimated Value
$718,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$498,000
Source: Public Records

Range of Values:

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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
Glover Reese Elizabeth $220,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $220,000 -6.4% --
07/26/2024 07/26/24 Pending -- -- --
06/29/2024 06/29/24 Price Changed $235,000 -5.6% --
06/10/2024 06/10/24 For Sale $249,000 -- --
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
2025 $2,965 $38,280 $38,280 --
2024 -- $49,080 $49,080 --
2023 -- $51,010 $51,010 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 814597

Colorado Real Estate Network (CREN)

APN: R438877