NOT LISTED FOR SALE

1477 La Posta Canyon Rd Durango, CO 81303

Estimated Value: $307,000

35 Acres
$8,771 Price per Acre
1,524,600 Sq Ft Lot

Last Sold November 22, 2023

Last sale price $100,000

Est. 207% increase in value since last sale

Current estimated payment $1,658/month

18 Days on Market

Highlights

  • 35 Acre Lot
  • Durango High School Rated A-
  • Wooded Lot

About This Lot

As of November 2023

Extremely private setting yet only 11 miles to Durango city limits! The property has been surveyed (see associated docs) and there are no covenants or restrictions. The land is mostly treed with several flatter areas and the views are beautiful. There is one drainage that goes through the property that would likely be a good place for a well. There were tons of elk and deer tracks on the property when I walked for photos. Electricity is about 1,100' away from the building site. The property is not fenced and there is a gas well pad on the SW corner but access to the pad does not come near the building site area.

Last Agent to Sell the Property

Thad Trujillo

The Wells Group of Durango, LLC Listed on: 09/05/2023

Last Buyer's Agent

Jeremy Deas

Jeremy Deas, Independent Broker

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $636

Lot Details

  • 35 Acre Lot
  • Wooded Lot

Schools

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

Community Details

  • Rancho Durango Subdivision

Listing and Financial Details

  • Security Deposit $5,000
  • Assessor Parcel Number 594903400163

Property Details

Property Type

Land

Est. Annual Taxes

$636

Lot Details

35 Acres

Listing Details

  • Class: Land
  • Em Holder: title company
  • Lot Size Acreage: 35-50 Acres
  • Parcel Id Number: 594903400163
  • Property Description: Wooded Lot
  • Street Designation: Road
  • Zoning: Residential Single Family
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 35
  • Current Property Use: Dry Land
  • Em Deposit: 5,000
  • Possible Property Use: Hunting
  • Mineral Rights: Unknown
  • Price per Sq Ft: 0.07
  • Sold Priceacre: 2857.14
  • Total Taxes Dollar: 636
  • Prop Description Remarks: Extremely private setting yet only 11 miles to Durango city limits! The property has been surveyed (see associated docs) and there are no covenants or restrictions. The land is mostly treed with several flatter areas and the views are beautiful. There is one drainage that goes through the property that would likely be a good place for a well. There were tons of elk and deer tracks on the property when I walked for photos. Electricity is about 1,100' away from the building site. The property is not fenced and there is a gas well pad on the SW corner but access to the pad does not come near the building site area.
  • Subdv Name: Rancho Durango
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Utilities

  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Water Supplier: Well

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Nov 22, 2023
Sold by
Rice Michael C and Keene-Rice Kandyce J
Bought by
Skeele Drew T
Seller's Agent
Thad Trujillo
The Wells Group of Durango, LLC
Buyer's Agent
Jeremy Deas
Jeremy Deas, Independent Broker
List Price
$110,000
Sold Price
$100,000
Premium/Discount to List
-$10,000
-9.09%
Views
133
Current Estimated Value
$307,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,000
Avg. Annual Appreciation
65.00%

Purchase Details

Closed on
Mar 31, 2000
Bought by
Rice Michael C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Skeele Drew T $100,000 None Listed On Document
Rice Michael C $47,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2023 11/22/23 Sold $100,000 -9.1% --
09/23/2023 09/23/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $110,000 -- --
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 $919 $18,980 $18,980 --
2024 $348 $18,310 $18,310 --
2023 $348 $13,190 $13,190 --
2022 $348 $14,600 $14,600 $0
2021 $350 $8,220 $8,220 $0
2020 $340 $8,220 $8,220 $0
2019 $314 $8,220 $8,220 $0
2018 $302 $7,920 $7,920 $0
2017 $296 $7,920 $7,920 $0
2016 $274 $7,960 $7,960 $0
2015 -- $7,960 $7,960 $0
2014 $8 $7,960 $7,960 $0
2013 -- $13,400 $13,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 807639

Colorado Real Estate Network (CREN)

APN: R439056

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