NOT LISTED FOR SALE

173 Lake Purgatory Dr Durango, CO 81301

Estimated Value: $1,430,000 - $1,903,000

3 Beds
3.5 Baths
2,585 Sq Ft
$634/Sq Ft Est. Value

Last Sold October 25, 2022

Last sale price $1,421,775 $550 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $8,669/month

66 Days on Market

Highlights

  • Mountain View
  • Deck
  • Radiant Floor
  • Durango High School Rated A-
  • Den with Fireplace
  • Main Floor Primary Bedroom

About This Home

As of October 2022

This inviting three-story mountain home is situated on a private lot shortly after the entrance to Lake Purgatory subdivision with views of the Hermosa Cliffs and Castle Rock. The home offers 2,585 sq. ft. of living space and includes 3 bedrooms plus bonus bunk room and 3.5 baths, two-car garage with extra storage space. Keeping with the cozy cabin mountain aesthetics, this home has slate, stained concrete, hardwood flooring, and tongue and groove ceilings that create a modern yet warm feeling as you enter each room. The vaulted ceilings and exposed beams create space and airiness. The open floor plan on the home's main level is perfect for entertaining guests or family gatherings after a day on the slopes at Purgatory resort, just 2 minutes away. The large west-facing windows frame the views outside perfectly while allowing the natural light and greenery outdoors to blend into the home. At the center of the living room sits a stacked stone gas-burning fireplace. The kitchen features a sizeable butcher block countertop island, granite tile countertops, stainless steel appliances, and custom cabinetry. Off the kitchen sits the dining area with double glass doors that open to the deck and back patio, a dramatic backdrop for delighting guests or enjoying quiet, intimate moments. The sizable primary suite, also located on the main level of the home, has access to the deck and features a luxury bathroom with a soaking tub, a walk-in glass shower, and a walk-in closet. A large open loft area on the 3rd story adds to the gathering spaces in this home and overlooks the downstairs living room and dining area. The views continue to shine through on this level of the house. There are two additional bedrooms and a guest bath on this level—each with its own closet space and views of the lush mountain hillside behind the home surrounded by tall stands of Aspen trees. An oversized two-car garage, additional kids/bunk room, laundry room/mud room, and 3/4 bath are located on the home's ground floor. Other features include in-floor heating and remote-control blinds. Enjoy fishing, kayaking, or paddleboarding in the community lake and incredible hiking and mountain biking in the national forest. A few minutes from Purgatory Resort and 30 minutes to downtown Durango, this home is a great place for lots of fun and making unforgettable memories with family and friends, or simply a place to recharge surrounded by natural beauty and all nature has to offer.

Last Agent to Sell the Property

Michael Davis

Legacy Properties West Sotheby's Int. Realty Listed on: 07/11/2022

Legacy Properties West Sotheby's Int. Realty

Last Buyer's Agent

Liesl Luy

Durango Mountain Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,215

Year Built

  • Built in 2003

Lot Details

  • 1.05 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Stick Built Home

Interior Spaces

  • 2,585 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Den with Fireplace
  • Mountain Views
  • Washer

Kitchen

  • Oven or Range
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Radiant Floor
  • Concrete
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Gas Grill

Schools

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

Utilities

  • Hot Water Baseboard Heater
  • Boiler Heating System
  • Heating System Powered By Owned Propane
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Water Purifier
  • Septic Tank
  • Septic System
  • Internet Available

Community Details

  • Property has a Home Owners Association
  • Association fees include snow removal, road maintenance

Listing and Financial Details

  • Assessor Parcel Number 508925301067

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,215

Year Built

Built in 2003

Lot Details

1.05 Acres

Listing Details

  • Appliance Inclusions: Range/Oven, Range Top, Refrigerator, Dishwasher, Washer, Disposal, Microwave, Water Purifier
  • Estimated Total Acres: 1.054
  • Class: RESIDENTIAL
  • Em Deposit: 10000
  • Em Holder: Land Title
  • Exterior Inclusions: Patio, Deck, Gas Grill, Covered Porch
  • Interior Inclusions: All Furnishings
  • Legal Lot Block: LAKE PURGATORY #2 Block: 1 Lot: 3 REPLAT OF BLK 1 PROJ 95-209 173 LAKE PURGATORY DR DURANGO 81301
  • List Price per Sq Ft: 599.61
  • Lot Size Acreage: 1-1.99
  • Parcel Id Number: 508925301067
  • Price Per Sq Ft: 550.01
  • Real Estate Included: Yes
  • Residence Stories: Three Story
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 550.01
  • Street Designation: Drive
  • Zoning: Residential Single Family
  • Type: Stick Built
  • HOA Fees: Yes
  • Internet Service: Yes
  • Total Taxes Dollar: 2215.00
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 20

Interior Features

  • Bedrooms: 3
  • Flooring: Carpet-Partial, Slate, Stained/Stamped Concrete
  • Estimated Total Sq Ft: 2585
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 4
  • Fireplace Location Type: Den/Family Room
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Views: Mountains

Garage/Parking

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

Utilities

  • Utilities: Electric, Propane-Tank Owned
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Heating System: Hot Water Baseboard, Boiler, Floor Radiant
  • Sewer Supplier: Septic
  • Water Heater: Propane Water Heater
  • Water Supplier: Well
  • Water Well: Yes

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Snow Removal, Road Maintenance

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2022

MLS Schools

  • Elementary School: Animas Valley K-5
  • Middle School: Miller 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2023
Sold by
Hodges William H
Bought by
1996 Luy Revocable Trust
Current Estimated Value
$1,639,711

Purchase Details

Listed on
Jul 11, 2022
Closed on
Oct 28, 2022
Sold by
Hodges Ann S
Bought by
1996 Luy Revocable Trust
Seller's Agent
Michael Davis
Legacy Properties West Sotheby's Int. Realty
Buyer's Agent
Liesl Luy
Durango Mountain Realty LLC
List Price
$1,550,000
Sold Price
$1,421,775
Premium/Discount to List
-$128,225
-8.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.40%

Purchase Details

Closed on
Jan 1, 2008
Sold by
Hodges James R
Bought by
Hodges William H and Hodges Ann S

Purchase Details

Closed on
Jul 25, 2006
Sold by
Hodges William H and Hodges Ann S
Bought by
Whitmire Andrew G

Purchase Details

Closed on
Feb 21, 2003
Bought by
Hodges William H and Hodges Ann S
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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Purchase History

Date Buyer Sale Price Title Company
1996 Luy Revocable Trust -- Land Title
1996 Luy Revocable Trust $1,421,775 Land Title
Hodges William H -- None Available
Whitmire Andrew G -- None Available
Hodges James R -- None Available
Hodges William H $80,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2022 10/25/22 Sold $1,421,775 -8.3% $550 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $1,550,000 -- $600 / Sq Ft
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 $2,965 $84,760 $11,480 $73,280
2024 $2,470 $60,460 $6,740 $53,720
2023 $2,470 $64,140 $7,150 $56,990
2022 $2,267 $64,850 $7,420 $57,430
2021 $2,278 $54,920 $5,880 $49,040
2020 $2,161 $53,700 $6,380 $47,320
2019 $0 $53,700 $6,380 $47,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 796029

Colorado Real Estate Network (CREN)

APN: R417005

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