NOT LISTED FOR SALE

2051 E 2nd Ave Durango, CO 81301

Estimated Value: $483,354 - $2,204,000

0.16 Acre
$5,980,244 Price per Acre
6,970 Sq Ft Lot

Last Sold June 24, 2024

Last sale price $409,000 $594 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $5,899/month

5 Days on Market

Highlights

  • Partially Fenced Property
  • Durango High School Rated A-
  • Level Lot

About This Lot

As of June 2024

This exceptional in-town lot offers an incredible opportunity to build your dream home from the ground up. Situated in a well-established neighborhood, this lot is just moments away from shops, restaurants, schools, parks, and all the amenities that make small-town living so appealing. It's important to note that the existing structure will most likely need to be removed at the buyer's expense. However, this allows you to customize the lot exactly as you desire and ensures that you're starting fresh with a pristine canvas. Per zoning, this 7000 sq ft lot is eligible to accommodate an Accessory Dwelling Unit (ADU). Property being sold As is, Where is. Check out associated documents regarding Seller research on Zoning and Land Use and a Seller's checklist on what has been done to the property recently, including, but not limited to, Cleaning and removing debris, removing trees, checking utilities, building a fence, and the inventory of vegetation.

Last Agent to Sell the Property

Coby Wiegert

The Wells Group of Durango, LLC Listed on: 05/23/2024

Last Buyer's Agent

Melissa Mayer

Legacy Properties West Sotheby's Int. Realty

Legacy Properties West Sotheby's Int. Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $929

Lot Details

  • 6,970 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Schools

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

Utilities

  • Septic System

Community Details

  • North Durango Subdivision

Listing and Financial Details

  • Security Deposit $5,000
  • Assessor Parcel Number 566520214003

Property Details

Property Type

Land

Est. Annual Taxes

$929

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Title Durango
  • Legal Lot Block: Lot Three (3), Block Fifty-three (53) in that part of the City of Durango, La Plata County, Colorado, known and platted as North Durango
  • Lot Size Acreage: 0-.25 Acres
  • Parcel Id Number: 566520214003
  • Street Designation: Avenue
  • Domestic Sewer: Central
  • Domestic Water: Public
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 0.16
  • Current Property Use: Residential Single Family
  • Em Deposit: 5000
  • Mineral Rights: Unknown
  • Price Acre: 2556250
  • Topography: Level
  • Price per Sq Ft: 58.68
  • Sewer Paid: Yes
  • Sewerseptic In: Yes
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 2556250
  • Water Tap Available: Yes
  • Water Tap Installed: Yes
  • Total Taxes Dollar: 928.84
  • Prop Description Remarks: This exceptional in-town lot offers an incredible opportunity to build your dream home from the ground up. Situated in a well-established neighborhood, this lot is just moments away from shops, restaurants, schools, parks, and all the amenities that make small-town living so appealing. It's important to note that the existing structure will most likely need to be removed at the buyer's expense. However, this allows you to customize the lot exactly as you desire and ensures that you're starting fresh with a pristine canvas. Per zoning, this 7000 sq ft lot is eligible to accommodate an Accessory Dwelling Unit (ADU). Property being sold As is, Where is. Check out associated documents regarding Seller research on Zoning and Land Use and a Seller's checklist on what has been done to the property recently, including, but not limited to, Cleaning and removing debris, removing trees, checking utilities, building a fence, and the inventory of vegetation.
  • Subdv Name: North Durango
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Fence: Partial Property

Utilities

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

Schools

  • Elementary School: Needham 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: 2024

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Jun 24, 2024
Sold by
Welch Aaron and Mackley Stephanie
Bought by
Williamson Mark T and Phillppon James
Seller's Agent
Coby Wiegert
The Wells Group of Durango, LLC
Buyer's Agent
Melissa Mayer
Legacy Properties West Sotheby's Int. Realty
List Price
$409,000
Sold Price
$409,000
Views
5
Current Estimated Value
$1,063,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$654,333
Avg. Annual Appreciation
134.69%

Purchase Details

Listed on
Nov 4, 2023
Closed on
Dec 5, 2023
Sold by
Pearce Doris J
Bought by
Welch Aaron and Mackley Stephanie
Seller's Agent
Coby Wiegert
The Wells Group of Durango, LLC
Buyer's Agent
Coby Wiegert
The Wells Group of Durango, LLC
List Price
$389,000
Sold Price
$391,000
Premium/Discount to List
$2,000
0.51%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%
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
Williamson Mark T $409,000 None Listed On Document
Welch Aaron $391,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $409,000 0.0% $594 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $409,000 +4.6% $594 / Sq Ft
12/05/2023 12/05/23 Sold $391,000 +0.5% $568 / Sq Ft
11/13/2023 11/13/23 Pending -- -- --
11/04/2023 11/04/23 For Sale $389,000 -- $565 / 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 $918 $26,650 $14,930 $11,720
2024 $781 $19,430 $10,120 $9,310
2023 $781 $23,110 $12,040 $11,070
2022 $767 $23,970 $12,490 $11,480
2021 $770 $19,410 $10,740 $8,670
2020 $719 $18,710 $10,570 $8,140
2019 $688 $18,710 $10,570 $8,140
2018 $649 $17,870 $10,070 $7,800
2017 $635 $17,870 $10,070 $7,800
2016 $575 $17,630 $9,610 $8,020
2015 $538 $17,630 $9,610 $8,020
2014 -- $15,600 $9,240 $6,360
2013 -- $15,600 $9,240 $6,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 814026

Colorado Real Estate Network (CREN)

APN: R011404