NOT LISTED FOR SALE

20 Forrest Groves Ln Durango, CO 81301

Estimated Value: $576,000 - $637,000

2 Beds
1.5 Baths
1,031 Sq Ft
$583/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $500,000 $485 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,439/month

40 Days on Market

Highlights

  • Accessory Dwelling Unit (ADU)
  • River Front
  • Creek or Stream View
  • Durango High School Rated A-
  • RV or Boat Parking
  • Deck

About This Home

As of February 2022

Welcome to your private Florida River retreat! This all one-level cabin is located right on the Florida River. Enjoy the wooded lot and privacy from your back deck while taking advantage of fishing rights and easy access. The main cabin consists of one bedroom and one bathroom recently updated. There is an open kitchen that is great for any chef. Enjoy cozy winter nights with the wood stove burning or open the windows to hear the sound of the river during spring and summer seasons. The detached studio offers another bedroom and bathroom. This is perfect for guests who want their own space and would work well for fishing outfits, hunters, and groups who are looking to enjoy recreation. Just up the road is Lemon Reservoir and further up you will find Vallecito Lake for more camping, fishing, boating, etc. Across the way is access to hiking and running trails. This property has a great rental history both as a monthly and short-term investment.

Last Agent to Sell the Property

Daniel Chowen

Coldwell Banker Mountain Properties Listed on: 12/10/2021

Coldwell Banker Mountain Properties

Co-Listed By

Robert Overfield

Coldwell Banker Mountain Properties

Last Buyer's Agent

Daniel Chowen

Coldwell Banker Mountain Properties Listed on: 12/10/2021

Coldwell Banker Mountain Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,362

Year Built

  • Built in 1946 | Remodeled in 2014

Lot Details

  • 0.46 Acre Lot
  • River Front
  • Cleared Lot
  • Wooded Lot

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • RV or Boat Parking

Home Design

  • Cabin
  • Studio
  • Log Siding
  • Stick Built Home

Interior Spaces

  • 1,031 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Wood Burning Stove
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Creek or Stream Views
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Heating System Uses Propane
  • Internet Available

Additional Features

  • Deck
  • Accessory Dwelling Unit (ADU)

Community Details

  • Association fees include sewer, water, snow removal, fishing rights, road maintenance
  • Forrest Groves HOA

Listing and Financial Details

  • Assessor Parcel Number 559536105015

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,362

Year Built

Built in 1946 | Remodeled in 2014

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Additional Living Quarters: Yes
  • Appliance Inclusions: Refrigerator, Washer, Dryer, Range/Oven
  • Estimated Total Acres: 0.456
  • Class: RESIDENTIAL
  • Em Deposit: 5000
  • Em Holder: Colorado Title and Closin
  • Exterior Inclusions: Deck
  • Interior Inclusions: Wood Stove, All Furnishings, W/D Hookup
  • Legal Lot Block: Subdivision: SILVER SPRUCE S/D Block: 0 Lot: 7 20 FORREST GROVES LN DURANGO 81301
  • List Price per Sq Ft: 532.49
  • Lot Size Acreage: .25-.5
  • Parcel Id Number: 559536105015
  • Price Per Sq Ft: 484.97
  • Property Attached: Yes
  • Property Description: Wooded Lot, Cleared
  • Real Estate Included: Yes
  • Realist Id: 5595-361-05-015
  • Residence Stories: One Story
  • Residence Style: Cabin, Studio
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Log
  • Sold Price Sq Ft: 484.97
  • Street Descriptionaccess: County
  • Street Designation: Lane
  • Waterfront Type: River
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Additional Living Type: Studio
  • HOA Fees: Yes
  • Internet Service Avail: Yes
  • Total Taxes Dollar: 1361.52
  • Year Built: 1946
  • Year Renovated: 2014
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Dining Room: Kitchen/Dining
  • Bedrooms: 2
  • Flooring: Hardwood
  • Estimated Total Sq Ft: 1031
  • Full Bathrooms: 0
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 2
  • Fireplace Location Type: Living Room
  • Main Level Sq Ft: 1031
  • Total Office Den: 0

Exterior Features

  • Construction Type: Log
  • Exterior Structures: Guest House
  • Views: Stream/River
  • Waterfront: Yes

Utilities

  • Utilities: Electric
  • Electric Supplier: La Plata Electric Association
  • Heating System: Wood Stove

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Sewer, Water, Snow Removal, Fishing Rights, Road Maintenance
  • Hoametro Fees: 125
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: Forrest Groves

Schools

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

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2022
Sold by
Bryan Gary K
Bought by
Bryan Family Properties Llc
Current Estimated Value
$581,632

Purchase Details

Listed on
Dec 10, 2021
Closed on
Feb 17, 2022
Sold by
Diamin Inc
Bought by
Bryan Gary K and Bryan Kelley D
Seller's Agent
Daniel Chowen
Coldwell Banker Mountain Properties
Buyer's Agent
Daniel Chowen
Coldwell Banker Mountain Properties
List Price
$549,000
Sold Price
$500,000
Premium/Discount to List
-$49,000
-8.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.03%
Original Mortgage
$450,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2020
Sold by
Whitewater Llc
Bought by
Diamin Inc

Purchase Details

Closed on
May 26, 2020
Sold by
Morse Ronald S and Morse Cheryl R
Bought by
Whitewater Llc

Purchase Details

Closed on
Oct 24, 2014
Sold by
Ransower Susan C and Ransower Cory H
Bought by
Morse Ronald S and Morse Cheryl R

Purchase Details

Closed on
Sep 30, 2009
Sold by
Chattaway S Julaine and Julaine Chattaway Rich S
Bought by
Ransower Susan C and Ransower Cory H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2009
Sold by
Chattaway Blake N
Bought by
Chattaway S Julaine and Julaine Chattaway Rich S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 19, 2005
Sold by
Chattway Blake N
Bought by
Chattaway S Julaine and Chattaway Rich Julaine

Purchase Details

Closed on
Nov 5, 2004
Sold by
Chattway Blake N
Bought by
Chattaway S Julaine and Chattaway Rich Julaine
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bryan Family Properties Llc -- --
Bryan Gary K $500,000 None Listed On Document
Diamin Inc $427,500 Title Durango
Whitewater Llc -- None Available
Morse Ronald S $250,500 None Available
Ransower Susan C $251,000 Colorado Land Title Co
Chattaway S Julaine -- Colorado Land Title Co
Chattaway S Julaine $97,500 None Available
Chattaway S Julaine $97,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bryan Gary K $450,000
Previous Owner Ransower Cory H $203,000
Previous Owner Ransower Susan C $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $500,000 -8.9% $485 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
12/10/2021 12/10/21 For Sale $549,000 -- $532 / 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 $1,728 $36,150 $5,260 $30,890
2024 $1,439 $31,070 $4,150 $26,920
2023 $1,439 $34,080 $4,550 $29,530
2022 $1,336 $36,060 $4,820 $31,240
2021 $1,399 $30,280 $5,380 $24,900
2020 $792 $17,620 $5,380 $12,240
2019 $0 $17,620 $5,380 $12,240
2018 $716 $16,590 $5,200 $11,390
2017 $703 $16,590 $5,200 $11,390
2016 $720 $17,300 $5,640 $11,660
2015 $680 $17,180 $5,440 $11,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 789092

Colorado Real Estate Network (CREN)

APN: R420148