NOT LISTED FOR SALE

146 E 4th Ave Durango, CO 81301

So Co Neighborhood

Estimated Value: $1,110,000 - $1,176,000

4 Beds
3 Baths
1,668 Sq Ft
$691/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $1,150,000 $689 Per Sq Ft

Current estimated payment $6,213/month

8 Days on Market

Highlights

  • Mountain View
  • Breakfast Bar
  • 1-Story Property
  • Park Elementary School Rated A-
  • Patio
  • Privacy Fence

About This Home

As of May 2023

This home is located at 146 E 4th Ave, Durango, CO 81301 since 30 March 2023 and is currently estimated at $1,152,278, approximately $690 per square foot. This property was built in 1925. 146 E 4th Ave is a home located in La Plata County with nearby schools including Park Elementary School, Escalante Middle School, and Durango High School.

Last Agent to Sell the Property

Abbi Munn

The Wells Group of Durango, LLC Listed on: 03/30/2023

Last Buyer's Agent

Daniel Chowen

Coldwell Banker Mountain Properties

Coldwell Banker Mountain Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,351

Year Built

  • Built in 1925 | Remodeled in 2015

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 62.5x150
  • Privacy Fence

Parking

  • 2 - 10 Parking Spaces

Home Design

  • Duplex
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3 Full Bathrooms
  • 1,668 Sq Ft Home
  • 1-Story Property
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

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

Community Details

  • 2 Units
  • Mountain View Subdivision

Listing and Financial Details

  • The owner pays for building insurance, electric, gas, water/sewer, trash
  • Assessor Parcel Number 566529326012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,351

Year Built

Built in 1925 | Remodeled in 2015

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Range Top, Refrigerator, Dishwasher, Washer, Dryer
  • Estimated Total Acres: 0.21
  • Class: Multifamily
  • Em Deposit: 25,000
  • Em Holder: Title Company
  • Exterior Inclusions: Patio
  • Legal Lot Block: MOUNTAIN VIEW ADD Block: 014 Lot: 17 THRU:- Lot: 19 N/2 LOT 19, MV ADD
  • Lot Dimension: 62.5x150
  • Lot Size Acreage: Less than 1/2
  • Parcel Id Number: 566529326012
  • Price Per Sq Ft: 689.45
  • Property Attached: Yes
  • Residence Stories: One Story
  • Sale/Rent: For Sale
  • Siding: Wood
  • Sold Price Sq Ft: 689.45
  • Street Descriptionaccess: City/Town
  • Street Designation: Avenue
  • Tax Account Id: R018582
  • Zoning: Residential Multi Family
  • Domestic Water Sewer: City Water
  • Heating Fuelsystem: Natural Gas, Forced Air
  • Landlord Pays: Building Insurance, Electric, Gas, Water/Sewer, Trash
  • Type: Duplex
  • Total Taxes Dollar: 1350.76
  • Year Built: 1925
  • Year Renovated: 2015
  • Prop Description Remarks: DEVELOPMENT AND INVESTMENT POTENTIAL, DOWNTOWN DURANGO! This 9375 SF lot is located in the heart of downtown with easy access to the Animas River trail, Santa Rita park, hiking/biking trails, and all of the wonderful restaurants and shops historic downtown offers. There is a 1668 SF duplex on the property and the City of Durango has approved an additional 3 units (total of 5) to be built on this multi-family lot with a ratio allotment of an additional 2550 SF of improvements. The duplex consists of a 3BD/2BA unit and a 1BD/1BA unit that have both been tastefully updated and cared for. Each unit has a private backyard space and off-street parking. Both units are currently on a month-to-month tenancy; the front unit is a 3/2 and rents for $2400 and the back 1/1 unit rents for $2000; each unit has washer/dryer. Landlord currently pays all utilities. Special Use Permit to operate a Multi-Unit Property in the EN-MF zone will need to be obtained by new owner if adding additional units are built. With high demand for housing, particularly in town, this is a rare investment opportunity. **Don't miss 3-D virtual tour**
  • Subdv Name: Mountain View
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1072

Interior Features

  • Dining Room: Kitchen Bar
  • Master Bedroom: Main Level
  • Estimated Total Sq Ft: 1668
  • Full Bathrooms: 3
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 3
  • Main Level Sq Ft: 1668
  • Total Office Den: 0

Exterior Features

  • Fence: Privacy
  • Roof: Metal
  • Views: Mountains

Garage/Parking

  • Parking: 2-10 Total Spaces, 1 per unit

Utilities

  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Sewer Supplier: City of Durango
  • Water Supplier: City of Durango

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Multi Family

  • No. of Units: 2

Tax Info

  • Tax Year: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
May 12, 2023
Sold by
Grounds Joshua
Bought by
Durango Bluegrass Llc
Seller's Agent
Abbi Munn
The Wells Group of Durango, LLC
Buyer's Agent
Daniel Chowen
Coldwell Banker Mountain Properties
List Price
$1,185,000
Sold Price
$1,150,000
Premium/Discount to List
-$35,000
-2.95%
Views
14
Current Estimated Value
$1,152,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,278
Avg. Annual Appreciation
0.07%

Purchase Details

Closed on
Nov 24, 2014
Sold by
Ingram Morgan Suzanne and Grounds Joshua Douglas
Bought by
Grounds Joshua and Grounds Morgan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2014
Sold by
Ingram Morgan Suzanne
Bought by
Grounds Joshua and Grounds Morgan

Purchase Details

Closed on
Jul 29, 2013
Sold by
Taliaferro William A
Bought by
Ingram Morgan Suzanne and Grounds Joshua Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2005
Sold by
Garcia Francis M
Bought by
Taliaferro William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2000
Bought by
Grounds Joshua and Grounds Morgan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Durango Bluegrass Llc $1,150,000 Land Title Guarantee
Grounds Joshua -- None Available
Grounds Joshua -- None Available
Ingram Morgan Suzanne $380,000 Colorado Land Title Co Llc
Taliaferro William A $345,000 Land Title
Grounds Joshua $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grounds Joshua $304,000
Previous Owner Ingram Morgan Suzanne $304,000
Previous Owner Taliaferro William A $34,000
Previous Owner Taliaferro William A $272,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2023 05/12/23 Sold $1,150,000 -3.0% $689 / Sq Ft
04/07/2023 04/07/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $1,185,000 -- $710 / 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
2025 $2,322 $67,190 $23,540 $43,650
2024 $1,682 $49,150 $17,680 $31,470
2023 $1,682 $44,970 $18,770 $26,200
2022 $1,351 $46,220 $19,290 $26,930
2021 $1,386 $34,930 $16,960 $17,970
2020 $1,293 $33,640 $16,730 $16,910
2019 $1,237 $33,640 $16,730 $16,910
2018 $1,151 $31,700 $15,850 $15,850
2017 $1,126 $31,700 $15,850 $15,850
2016 $1,019 $31,250 $15,150 $16,100
2015 $954 $31,250 $15,150 $16,100
2014 -- $28,350 $14,560 $13,790
2013 -- $28,350 $14,560 $13,790
Source: Public Records

Agents Affiliated with this Home

  • Abbi Munn

    Seller's Agent in 2023

    Abbi Munn

    The Wells Group of Durango, LLC

    (970) 759-2217

    4 in this area

    172 Total Sales

    Abbi Munn
    Section Image
  • Daniel Chowen

    Buyer's Agent in 2023

    Daniel Chowen

    Coldwell Banker Mountain Properties

    (303) 883-8935

    3 in this area

    83 Total Sales

    Daniel Chowen
    Section Image
  • Robert Overfield

    Buyer Co-Listing Agent in 2023

    Robert Overfield

    Coldwell Banker Mountain Properties

    (970) 317-1060

    3 in this area

    84 Total Sales

    Robert Overfield
    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 801940

Colorado Real Estate Network (CREN)

APN: R018582

Colorado La Plata County Durango 81301 So Co

146 E 4th Ave, Durango, CO

Not Listed for Sale

MultiFamily

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