NOT LISTED FOR SALE

1584 Ridge Rd Durango, CO 81303

Estimated Value: $550,000 - $1,388,000

3 Beds
2.5 Baths
2,353 Sq Ft
$436/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $1,200,000 $510 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $5,676/month

71 Days on Market

Highlights

  • RV or Boat Parking
  • Mountain View
  • Vaulted Ceiling
  • Durango High School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of October 2023

Presenting an exquisite contemporary home nestled on a mountainside, offering breathtaking views of Wildcat Canyon and the majestic surrounding mountains. This custom built home with walls of windows to maximize natural light and provides unobstructed views of the surrounding vistas. The open floor plan creates a harmonious transition between indoor and outdoor living spaces. This immaculate property boasts numerous updates, including a brand new air conditioning system, modernized bathrooms, and newly installed flooring. A fantastic Saltwater hot tub stays with the property. Located just a short 10-minute drive from the serene Lake Nighthorse and a mere 15-minute commute to downtown Durango, the home provides both convenience and tranquility. Additionally, the freshly painted modern exterior and resurfaced asphalt driveway enhance the overall appeal. Situated in the desirable King Mountain/Rafter J area, the property benefits from paved roads, ensuring ease of access and a smooth commuting experience.

Last Agent to Sell the Property

Kathy Hall

Coldwell Banker Mountain Properties Listed on: 06/29/2023

Coldwell Banker Mountain Properties

Co-Listed By

Rebecca Applegate

Coldwell Banker Mountain Properties

Last Buyer's Agent

Jennifer Kade

Realty ONE Group Four Corners

Realty ONE Group Four Corners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,446

Year Built

  • Built in 2002 | Remodeled in 2020

Lot Details

  • 4.7 Acre Lot
  • Open Space
  • Landscaped

HOA Fees

  • $104 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Home Design

  • Asphalt Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,353 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Window Treatments
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Walk-Out Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • RV or Boat Parking

Outdoor Features

  • Deck

Schools

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

Utilities

  • Boiler Heating System
  • Heating System Powered By Owned Propane
  • Heating System Uses Propane
  • Propane Water Heater
  • Engineered Septic
  • Septic Tank
  • Internet Available

Community Details

  • Association fees include snow removal, road maintenance
  • Rafter J HOA
  • King Mountain Subdivision

Listing and Financial Details

  • Assessor Parcel Number 566126301015

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,446

Year Built

Built in 2002 | Remodeled in 2020

Lot Details

0

HOA Fees

$104 per month

Listing Details

  • Appliance Inclusions: Refrigerator, Washer, Dishwasher, Disposal, Dryer, Microwave, Range/Oven
  • Estimated Total Acres: 4.7
  • Class: RESIDENTIAL
  • Em Deposit: 25000
  • Em Holder: Colorado Title
  • Exterior Inclusions: Deck, Landscaping
  • Interior Inclusions: Window Coverings, Vaulted Ceiling, Garage Door Opener
  • Legal Lot Block: Subdivision: KING MOUNTAIN EST Block: 0 Lot: 26 RESUB OF RAFTER J 1584 RIDGE RD DURANGO 81303
  • Lot Size Acreage: 2-4.99
  • Parcel Id Number: 566126301015
  • Price Per Sq Ft: 509.99
  • Property Attached: Yes
  • Property Description: Adj to Open Space
  • Real Estate Included: Yes
  • Residence Stories: Two Story
  • Residence Style: 3307
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Wood
  • Sold Price Sq Ft: 509.99
  • Street Descriptionaccess: Paved
  • Street Designation: Road
  • Zoning: Residential Single Family
  • Type: Stick Built
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: 2446.20
  • Year Built: 2002
  • Year Renovated: 2020
  • Foreign Owned Y N: No
  • Prop Description Remarks: Presenting an exquisite contemporary home nestled on a mountainside, offering breathtaking views of Wildcat Canyon and the majestic surrounding mountains. This custom built home with walls of windows to maximize natural light and provides unobstructed views of the surrounding vistas. The open floor plan creates a harmonious transition between indoor and outdoor living spaces. This immaculate property boasts numerous updates, including a brand new air conditioning system, modernized bathrooms, and newly installed flooring. A fantastic Saltwater hot tub stays with the property. Located just a short 10-minute drive from the serene Lake Nighthorse and a mere 15-minute commute to downtown Durango, the home provides both convenience and tranquility. Additionally, the freshly painted modern exterior and resurfaced asphalt driveway enhance the overall appeal. Situated in the desirable King Mountain/Rafter J area, the property benefits from paved roads, ensuring ease of access and a smooth commuting experience.
  • Subdv Name: King Mountain
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Kitchen/Dining
  • Bedrooms: 3
  • Flooring: Hardwood, Laminate
  • Estimated Total Sq Ft: 2353
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 3
  • Family Room: Yes
  • Fireplace Location Type: Living Room
  • Foundation: Basement-walk out
  • Great Room: Yes
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Construction Type: Wood
  • Roof: Asphalt
  • Views: Mountains, Valley

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Propane-Tank Owned, Internet
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Heating System: Boiler, Fireplace
  • Sewer Supplier: Septic
  • Water Heater: Propane Water Heater
  • Water Supplier: Lake Durango Water Authority

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Snow Removal, Road Maintenance
  • Hoametro Fees: 1250.00
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: Rafter J HOA

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2023
Closed on
Oct 31, 2023
Sold by
Buchanan Evan G and Buchanan Amy M
Bought by
Walker George and Walker Susan
Seller's Agent
Kathy Hall
Coldwell Banker Mountain Properties
Buyer's Agent
Jennifer Kade
Realty ONE Group Four Corners
List Price
$1,497,500
Sold Price
$1,200,000
Premium/Discount to List
-$297,500
-19.87%
Views
216
Current Estimated Value
$1,026,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$173,942
Avg. Annual Appreciation
-6.99%

Purchase Details

Closed on
Aug 31, 2018
Sold by
Ernest O Norris O and Ernest Margaret Ann Norris
Bought by
Buchanan Evan G and Buchanan Amy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,100
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2012
Sold by
The Ernest O Norris & Margaret Ann Norri
Bought by
Norris Ernest O and Li Margaret Ann Norris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,500
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2010
Sold by
Norris Ernest O and Norris Margaret A
Bought by
Ernest O & Margaret A Norris Trust

Purchase Details

Closed on
Jan 18, 2007
Sold by
Vaughn William A
Bought by
Norris Ernest O

Purchase Details

Closed on
May 25, 1994
Bought by
Norris Ernest O & Margaret A Liv Trust
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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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
Walker George $1,200,000 Three Rivers Title Company
Buchanan Evan G $576,900 Colorado Title & Closing
Norris Ernest O -- Land Title Guarantee Company
Ernest O & Margaret A Norris Trust -- None Available
Norris Ernest O $170,000 Land Title
Norris Ernest O & Margaret A Liv Trust $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buchanan Evan G $453,100
Previous Owner Norris Ernest O $149,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2023 10/31/23 Sold $1,200,000 -4.0% $510 / Sq Ft
09/08/2023 09/08/23 Pending -- -- --
08/31/2023 08/31/23 Price Changed $1,250,000 -10.6% $531 / Sq Ft
07/15/2023 07/15/23 Price Changed $1,397,500 -6.7% $594 / Sq Ft
06/29/2023 06/29/23 For Sale $1,497,500 -- $636 / 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 $2,543 $66,330 $13,920 $52,410
2024 $2,177 $51,860 $8,150 $43,710
2023 $2,177 $55,080 $8,660 $46,420
2022 $1,620 $57,620 $9,060 $48,560
2021 $1,628 $39,250 $9,320 $29,930
2020 $1,215 $30,200 $8,730 $21,470
2019 $1,313 $34,040 $8,730 $25,310
2018 $908 $30,780 $8,790 $21,990
2017 $889 $30,780 $8,790 $21,990
2016 $849 $32,360 $10,240 $22,120
2015 $799 $32,360 $10,240 $22,120
2014 -- $29,570 $10,240 $19,330
2013 -- $29,570 $10,240 $19,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 805237

Colorado Real Estate Network (CREN)

APN: R020651