NOT LISTED FOR SALE

Estimated Value: $499,000 - $589,000

0.13 Acre
$4,194,285 Price per Acre
5,663 Sq Ft Lot

Last Sold December 10, 2019

Last sale price $280,000 $372 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $3,097/month

43 Days on Market

Highlights

  • Shed
  • Partially Fenced Property
  • Level Lot
  • Park Elementary School Rated A-

About This Lot

As of December 2019

Downtown on-the-grid development opportunity! Property has tons of potential. Cottage in SoCo (south of College). As it is - It's a cozy and warm 752 SF home with great light inside. Functional, affordable and the most inexpensive home in-town currently available in MLS. As a re/development - It's a rare opportunity to build a downtown home + ADU (detached or attached). There is a lot of room to build 1 or 2 structures(main house, and garage + ADU) on the lot. Design/build your custom home here. The cottage sits at the far back of the property against the alley. Quiet, historic neighborhood, walking distance to schools, parks, college, river, river trail, trails, downtown and restaurants. Current owner operated this as a rental property until end of September 2019 when the tenant vacated due to the sale. Rented at $1,450/month plus all bills,excellent rental history, little or no vacancy. Works well as an income property OR as a re/development. Large partially fenced lot. Lot dimensions are 37.5' x 150' ft. For re/development - Buyer should verify building options with City Planning regarding ADU requirements,parking spaces, additional taps, set backs, etc.

Last Agent to Sell the Property

Melissa Glick

EXIT Realty Home & Ranch Listed on: 10/07/2019

EXIT Realty Home & Ranch

Last Buyer's Agent

Stuart Way

The Wells Group of Durango, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $711

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 37.5 x 150
  • Partially Fenced Property
  • Level Lot

Schools

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

Additional Features

  • Shed
  • Septic System

Listing and Financial Details

  • Security Deposit $5,000
  • Assessor Parcel Number 566529327006

Property Details

Property Type

Land

Est. Annual Taxes

$711

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Title Durango
  • Legal Lot Block: MTN VW ADD Block: 15 Lot: 9 AND:- Lot: 10 S/2LOT
  • Lot Dimension: 37.5 X 150
  • Lot Size Acreage: 0-.25 Acres
  • Parcel Id Number: 566529327006
  • Tax Account Id: 5665-293-27-006
  • Zoning: Residential Single Family
  • Domestic Sewer: Sewer Tap Installed
  • Domestic Water: Public, Tap Installed
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 0.13
  • Current Property Use: Residential Single Family
  • Em Deposit: 5000
  • Mineral Rights: Unknown
  • Price Acre: 2423076.92
  • Topography: Level
  • Outbuildngsstructures: Misc Sheds
  • Price per Sq Ft: 55.63
  • Sewer Paid: Yes
  • Sewerseptic In: Yes
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 2153846.15
  • Water Tap Available: Yes
  • Water Tap Installed: Yes
  • Lvt Date: 10/07/2019
  • Total Taxes Dollar: $711.92
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Fence: Partial Property

Utilities

  • Utilities: Electricity, Natural Gas
  • Water Tap Paid: Yes
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Water Supplier: City Of Durango

Schools

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

Tax Info

  • Tax Year: 2018

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2019
Closed on
Dec 10, 2019
Sold by
Glick Matthew S and Glick Erin B
Bought by
Pirrone David J and Pirrone Monica A
Seller's Agent
Melissa Glick
EXIT Realty Home & Ranch
Buyer's Agent
Stuart Way
The Wells Group of Durango, LLC
List Price
$349,900
Sold Price
$280,000
Premium/Discount to List
-$69,900
-19.98%
Current Estimated Value
$545,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,257
Avg. Annual Appreciation
11.62%

Purchase Details

Closed on
Aug 20, 2014
Sold by
Hartley Parker S
Bought by
Glick Matthew S and Glick Erin B

Purchase Details

Closed on
Mar 24, 2006
Sold by
Valdez Daniel M
Bought by
Valdez Daniel M and Valdez Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving
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
Pirrone David J $280,000 Title Durango
Glick Matthew S $261,500 Land Title Guarantee Company
Hartley Parker S $218,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hartley Parker S $199,049
Previous Owner Hartley Parker S $50,000
Previous Owner Hartley Parker S $120,000
Previous Owner Hartley Parker S $196,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2019 12/10/19 Sold $280,000 -11.1% $372 / Sq Ft
11/19/2019 11/19/19 Pending -- -- --
10/21/2019 10/21/19 Price Changed $315,000 -10.0% $419 / Sq Ft
10/07/2019 10/07/19 For Sale $349,900 -- $465 / 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 $1,018 $29,430 $18,790 $10,640
2024 $866 $21,550 $12,960 $8,590
2023 $866 $24,470 $14,710 $9,760
2022 $846 $26,180 $15,740 $10,440
2021 $850 $21,410 $13,540 $7,870
2020 $799 $20,770 $13,360 $7,410
2019 $764 $20,770 $13,360 $7,410
2018 $712 $19,600 $12,650 $6,950
2017 $696 $19,600 $12,650 $6,950
2016 $625 $19,160 $12,100 $7,060
2015 $585 $19,160 $12,100 $7,060
2014 -- $17,670 $11,620 $6,050
2013 -- $17,670 $11,620 $6,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 763689

Colorado Real Estate Network (CREN)

APN: R012743