NOT LISTED FOR SALE

1843 County Road 207 Durango, CO 81301

Estimated Value: $1,652,000 - $1,935,000

5 Beds
3.5 Baths
4,440 Sq Ft
$409/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $1,525,000 $343 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $9,977/month

56 Days on Market

Highlights

  • Accessory Dwelling Unit (ADU)
  • Spa
  • RV or Boat Parking
  • Park Elementary School Rated A-
  • Home fronts a creek
  • 10.01 Acre Lot

About This Home

As of September 2022

It’s a rare occasion when a property this special becomes available. This property gently slopes down towards the creek and encompasses expansive fields lined with mature cottonwoods. A beautiful walk to the creek will provide a relaxing and tranquil experience with the sound of running water. The property is uniquely positioned in the Lightner Creek area and receives generous amounts of sunlight throughout the day. Not your typical multi-family property, situated on both sides of Lightner Creek, and backs to hundreds of acres of State Public Lands. The beautiful main home has been owner occupied and well maintained with tasteful updates. The main house had a major remodel in 2008 and over time received additional updates. In 2022 new decks were added on the main house and garage/office. The basement is currently being updated with new flooring and paint. The 4,440-sf. main house sits on 10 acres and has irrigation rights. It’s settled above the creek and offers serene views of the creek below and the peaceful mountains. Relax in the hot tub and you'll be immediately enchanted by the sounds of the creek flowing and the splendid sights surrounding. Upon entering the main house, you will be delighted by an expansive living room and rock fireplace, maple hardwood floors in the living/dining room that open to the second story allowing a lot of natural light into the home. This space is great for entertaining and large family gatherings. A cook’s kitchen with granite, maple cabinets, all the organizers and space one needs with walk in pantry. Appliances included Sub-Zero, Bosh dishwasher, 4 in 1 convection oven, convection stove top and microwave. There is a pleasant breakfast nook off the kitchen looking out at the spectacular views. The beautiful primary suite is on the second level and takes advantage of the mountain view and lush property below, that can be enjoyed from inside or on the deck. The primary suite is finished with tall T&G ceilings and cork plank flooring. The bathroom encompasses a soaking tub, marble flooring, nicely updated walk-in shower and functional walk-in closet. Located on the lower level of the main home is another bedroom with a full bath and walk-in shower and large laundry room. The upper level has a total of 4 bedrooms. Downstairs is a basement equipped with a fireplace, bar and sink, new flooring and paint is being updated currently. There is an unfished expansive area that is used for storage. Also, is plumbed and has an unfinished bathroom. Other buildings on the property include an old barn, great for tractor storage. A 4 car heated garage/shop with covered RV parking on the side. Above the garage is a fully finished space that could be used as a home office/recreation room. There is a ½ bathroom in this space and new deck overlooking this stunning property. This property is a surprise that also has 2 duplex units allowing 4 rental incomes. These units are 650sf-695sf. Offer a full kitchen, bathroom with double sinks and washer/dryer on the main level. Upstairs is a bedroom with a balcony. The rental history has been exceptional on these units. The renters are on month to month terms (subject to change). There is a large parking area separated from the main residence that can fit at least 8 cars. These units are in good shape and have been updated over time. They are being sold “as is” and there is room to improve and gain even more income.The potential for this property is endless. Live in the main house and enjoy rental income, live in a rental unit and rent out the other units including the main house. Rent everything out, gain extra income by leasing out garage space, rv space or the office above the garage to tenants.Located just 10 minutes from downtown Durango and accessed on paved, County maintained roads. This property is easily accessible but gives you the feeling of being in the forest miles away from the hustle and bustle of everyday life.

Last Agent to Sell the Property

Andy Langefels

Legacy Properties West Sotheby's Int. Realty Listed on: 06/28/2022

Legacy Properties West Sotheby's Int. Realty

Last Buyer's Agent

Morgan Pavon

The Wells Group of Durango, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,646

Year Built

  • Built in 1975 | Remodeled in 2008

Lot Details

  • 10.01 Acre Lot
  • Home fronts a creek
  • Partially Fenced Property
  • Sprinkler System

Property Views

  • Creek or Stream
  • Mountain
  • Valley

Home Design

  • Metal Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 4,440 Sq Ft Home
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Low Emissivity Windows
  • Family Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Partially Finished Basement

Kitchen

  • Double Convection Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Bedroom
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Detached Garage
  • 2 Carport Spaces
  • RV or Boat Parking

Schools

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

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Heating System Powered By Owned Propane
  • Heating System Uses Propane
  • Irrigation Water Rights
  • Well
  • Tankless Water Heater
  • Septic Tank
  • Septic System
  • Internet Available

Additional Features

  • Spa
  • Accessory Dwelling Unit (ADU)
  • 9 Irrigated Acres

Listing and Financial Details

  • Assessor Parcel Number 566115200067

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,646

Year Built

Built in 1975 | Remodeled in 2008

Lot Details

10.01 Acres

Listing Details

  • Additional Living Quarters: Yes
  • Appliance Inclusions: Range Top, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave, Double Oven, Exhaust Fan, Oven-Convection
  • Estimated Irrigation Acres: 9
  • Estimated Total Acres: 10.01
  • Class: RESIDENTIAL
  • Em Deposit: 30,000
  • Em Holder: title durango
  • Exterior Inclusions: Hot Tub, Lawn Sprinklers
  • Legal Lot Block: Section: 15 Township: 35 Range: 10 TR IN SW/4 NW/4 & NW/4 NW/4 (LOT 14) 1843 CR 207 DURANGO 81301
  • List Price per Sq Ft: 343.47
  • Lot Size Acreage: 10 - 19.99
  • Parcel Id Number: 566115200067
  • Price Per Sq Ft: 343.47
  • Real Estate Included: Yes
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Stucco
  • Sold Price Sq Ft: 343.47
  • Waterfront Type: Creek
  • Type: Stick Built
  • Additional Living Type: Multiple Guest Homes
  • Internet Provider: Starlink
  • Internet Service: Yes
  • Total Taxes Dollar: 3645.64
  • Year Built: 1975
  • Year Renovated: 2008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Kitchen/Dining
  • Bedrooms: 5
  • Flooring: Hardwood, Tile
  • Estimated Total Sq Ft: 4440
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 4
  • Family Room: Yes
  • Fireplace Location Type: Stove Insert, Bedroom, Living Room
  • Foundation: Basement-partial finish
  • Master Bedroom Level: Upper Level
  • Total Office Den: 0

Exterior Features

  • Fence: Partial Property
  • Windows: Double Pane, Low Emittance
  • Exterior Structures: Garage, Guest House, RV/Boat Shelter
  • Roof: Metal
  • Views: Mountains, Valley, Stream/River

Garage/Parking

  • Garage Type: Detached Garage
  • Garage: Yes
  • Carport: Yes
  • Carport Spaces: 2
  • Garage Capacity: 4

Utilities

  • Utilities: Propane-Tank Owned, Internet
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Heating System: Forced Air
  • Irrigation Water Description Amount: 1/10 CUBIC FT
  • Irrigation Water District: Covert
  • Sewer Supplier: Septic
  • Water Heater: Tankless
  • Water Rights Irrigation: Yes
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 62576-F

Schools

  • High School: Durango 9-12

Green Features

  • Green Efficient: Water Heater

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

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
Jun 28, 2022
Closed on
Sep 30, 2022
Sold by
Morris Michael
Bought by
Aiyana K Neely And Robert J Neely Ii 2016 Tru
Seller's Agent
Andy Langefels
Legacy Properties West Sotheby's Int. Realty
Buyer's Agent
Morgan Pavon
The Wells Group of Durango, LLC
List Price
$1,525,000
Sold Price
$1,525,000
Views
2
Current Estimated Value
$1,818,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,029
Avg. Annual Appreciation
5.20%
Original Mortgage
$1,000,000
Outstanding Balance
$461,706
Interest Rate
7.38%
Mortgage Type
Seller Take Back
Estimated Equity
$1,356,323

Purchase Details

Closed on
Jun 1, 2007
Sold by
Cooney Properties 83 Llc
Bought by
Morris Michael and Morris Graziella

Purchase Details

Closed on
Sep 1, 2006
Sold by
Neiman Lavonne M
Bought by
Cooney Properties 83 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$756,164
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Aiyana K Neely And Robert J Neely Ii 2016 Tru $1,525,000 --
Morris Michael -- None Available
Cooney Properties 83 Llc $855,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aiyana K Neely And Robert J Neely Ii 2016 Tru $1,000,000
Previous Owner Cooney Properties 83 Llc $756,164
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2022 09/30/22 Sold $1,525,000 0.0% $343 / Sq Ft
08/23/2022 08/23/22 Pending -- -- --
08/12/2022 08/12/22 For Sale $1,525,000 0.0% $343 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $1,525,000 -- $343 / 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 $4,968 $118,710 $15,340 $103,370
2024 $4,253 $101,300 $12,800 $88,500
2023 $4,253 $104,990 $13,270 $91,720
2022 $3,629 $108,900 $13,760 $95,140
2021 $3,647 $87,920 $12,680 $75,240
2020 $3,373 $83,830 $13,120 $70,710
2019 $3,233 $83,830 $13,120 $70,710
2018 $2,510 $65,150 $16,930 $48,220
2017 $2,457 $65,150 $16,930 $48,220
2016 $2,252 $64,720 $18,060 $46,660
2015 $2,020 $64,720 $18,060 $46,660
2014 $2,020 $59,440 $18,060 $41,380
2013 -- $59,440 $18,060 $41,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 795458

Colorado Real Estate Network (CREN)

APN: R010845

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