NOT LISTED FOR SALE

1881 Lake Purgatory Dr Durango, CO 81301

Estimated Value: $76,104 - $162,000

1.1 Acres
$108,214 Price per Acre
47,916 Sq Ft Lot

Last Sold February 12, 2021

Last sale price $60,000

Est. 98% increase in value since last sale

Current estimated payment $773/month

172 Days on Market

Highlights

  • Fishing Allowed
  • Mountain View
  • Wooded Lot
  • Durango High School Rated A-
  • Near a National Forest
  • Level Lot

About This Lot

As of February 2021

Spectacular 1.1 acre lot with breathtaking mountain views that borders the San Juan National Forest for great hiking, biking and hunting. This beautiful lot is very level and has a roughed in driveway. Enjoy fishing, paddleboarding, canoeing or kayaking at Columbine Lake which is right in the subdivision. Purgatory ski resort is less than 5 minutes away for world class skiing, cross country skiing, snowmobiling, snowshoeing and much more. This lot has towering spruce, pine and aspen trees and is one of the few lots in the subdivision that is very level and easy to build on. Don't miss this opportunity to own a spectacular lot with amazing views that borders national forest and has access to a beautiful lake. Vacation rentals are allowed.

Last Agent to Sell the Property

Mary Rigby

RE/MAX Pinnacle Listed on: 07/31/2020

Last Buyer's Agent

Dan Korman

Alpenglow Properties LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $814

Lot Details

  • 1.1 Acre Lot
  • Level Lot
  • Wooded Lot

HOA Fees

  • $52 Monthly HOA Fees

Property Views

  • Mountain Views

Schools

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

Utilities

  • Well
  • Septic System
  • Internet Available
  • Phone Available

Listing and Financial Details

  • Security Deposit $2,000
  • Assessor Parcel Number 508936403025

Community Details

Overview

  • Association fees include road maintenance, snow removal
  • Lppo HOA
  • Near a National Forest
  • Property is near a preserve or public land

Recreation

  • Fishing Allowed

Property Details

Property Type

Land

Est. Annual Taxes

$814

Lot Details

0

HOA Fees

$52 per month

Listing Details

  • Class: Land
  • Em Holder: Colorado Title & Closing
  • Legal Lot Block: Lake Purgatory #1 Lot 25
  • Lot Dimension: 1.1 acre
  • Lot Size Acreage: 1-5 Acres
  • Parcel Id Number: 508936403025
  • Property Description: Wooded Lot, Borders Public Land, Borders National Forest, Fishing Rights
  • Street Descriptionaccess: Private, Gravel, Private Winter Maintenanc
  • Zoning: Residential Single Family
  • HOA Fee Frequency: Annually
  • Domestic Sewer: Septic
  • Domestic Water: Domestic Well
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 1.1
  • Current Property Use: Residential Single Family, Mountain Recreation, Fishing Rights
  • Em Deposit: 2000
  • Possible Property Use: Residential Single Family, Mountain Recreation, Fishing Rights
  • Mineral Rights: Unknown
  • Price Acre: 68181.82
  • Topography: Level
  • Price per Sq Ft: 1.57
  • Sold Priceacre: 54545.45
  • HOA Fees: Yes
  • Total Taxes Dollar: 814
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains

Utilities

  • Utilities: Internet, Phone - Landline, Phone - Cell Reception
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Water Supplier: Well

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Road Maintenance, Snow Removal
  • Hoametro Fees: 620
  • Hoa Name: LPPO

Schools

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

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2019

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
May 16, 2023
Sold by
Hall Scott
Bought by
Hallstead Properties Llc
Current Estimated Value
$119,035

Purchase Details

Listed on
Jul 31, 2020
Closed on
Jan 12, 2021
Sold by
Gustafson Joe H and Gustafson Pam
Bought by
Hall Scott
Seller's Agent
Mary Rigby
RE/MAX Pinnacle
Buyer's Agent
Dan Korman
Alpenglow Properties LLC
List Price
$84,900
Sold Price
$60,000
Premium/Discount to List
-$24,900
-29.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.42%

Purchase Details

Closed on
Apr 26, 2005
Sold by
Gustafson Joe H and Gustafson Pamela J
Bought by
Gustafson Joe H and Gustafson Pam
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hallstead Properties Llc -- None Listed On Document
Hall Scott $60,000 Colorado Ttl & Closing Svcs
Gustafson Joe H -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $60,000 -20.0% --
01/19/2021 01/19/21 Pending -- -- --
08/11/2020 08/11/20 Price Changed $75,000 -11.7% --
07/31/2020 07/31/20 For Sale $84,900 -- --
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 $876 $29,700 $29,700 --
2024 $750 $17,860 $17,860 --
2023 $750 $17,860 $17,860 $0
2022 $799 $18,560 $18,560 $0
2021 $781 $18,830 $18,830 $0
2020 $851 $21,140 $21,140 $0
2019 $815 $21,140 $21,140 $0
2018 $755 $19,600 $19,600 $0
2017 $739 $19,600 $19,600 $0
2016 $689 $19,790 $19,790 $0
2015 $648 $19,790 $19,790 $0
2014 $744 $21,900 $21,900 $0
2013 -- $21,900 $21,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Rigby

    Seller's Agent in 2021

    Mary Rigby

    RE/MAX

    (970) 946-4975

    136 Total Sales

    Mary Rigby
    Section Image
  • Dan Korman

    Buyer's Agent in 2021

    Dan Korman

    Alpenglow Properties LLC

    (970) 382-1162

    85 Total Sales

    Dan Korman
    Section Image
See All Agents

Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 772817

Colorado Real Estate Network (CREN)

APN: R017288

Colorado La Plata County Durango 81301

1881 Lake Purgatory Dr, Durango, CO

This home is located at 1881 Lake Purgatory Dr, Durango, CO 81301 since 31 July 2020 and is currently estimated at $119,035. 1881 Lake Purgatory Dr is a home located in La Plata County with nearby schools including Animas Valley Elementary School, Miller Middle School, and Durango High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Colorado Real Estate Network (CREN) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes