NOT LISTED FOR SALE

217 Summit Dr Arboles, CO 81121

Estimated Value: $921,000

1.5 Acres
$614,000 Price per Acre
65,340 Sq Ft Lot

Last Sold March 30, 2023

Last sale price $265,000

Est. 248% increase in value since last sale

Current estimated payment $4,925/month

25 Days on Market

Highlights

  • Horses Allowed On Property
  • Corner Lot
  • Open Space
  • Mountain View
  • Cul-De-Sac
  • Cattle

About This Lot

As of March 2023

Bring your RV, this property includes a 50 Amp RV HOOKUP, graveled RV PAD with frost-free water spigot and beautiful mountain views. ELECTRIC installed and METRO WATER connected. This hard to find, 1.5 Acre corner lot in Arboles also backs to .5 acres owned by the Metro district, adding even more privacy. Brand New 40 X 40 metal building/workshop with LED lighting, numerous electrical outlets, large covered south facing patio, great for year round use. Two lighted entry doors plus Two Large roll up doors for easy storage. Rough-in plumbing for a bathroom. Located in an area with great cell service. Enjoy the peace and quiet with No HOA! Minutes to Navajo Lake, 30 minutes to Pagosa or Durango. Centrally located, making this the perfect spot to work and play. Seller is a licensed broker.

Last Agent to Sell the Property

Martha Murphy

Best of Pagosa Springs Listed on: 02/01/2023

Last Buyer's Agent

Martha Murphy

Best of Pagosa Springs Listed on: 02/01/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $536

Lot Details

  • 1.5 Acre Lot
  • Open Space
  • Cul-De-Sac
  • Corner Lot
  • Corners Of The Lot Have Been Marked

Property Views

  • Mountain
  • Valley

Farming

  • Cattle
  • Hogs
  • Sheep or Goats

Horse Facilities and Amenities

  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 616108307025

Property Details

Property Type

Land

Est. Annual Taxes

$536

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Title Company
  • Legal Lot Block: PIEDRA PARK 2A Block: 7 Lot: 1-2-3 PP 2A Sec: 8 Twn: 32 Rng: 5W
  • Livestock Allowed: Cattle, Horses, Poultry, Sheep, Swine
  • Lot Size Acreage: 1-5 Acres
  • Parcel Id Number: 616108307025
  • Property Description: Corner, Cul-De-Sac, Adj To Open Space, Corners Marked
  • Street Descriptionaccess: County, Gravel
  • Street Designation: Drive
  • Zoning: Residential Single Family
  • Domestic Water: Tap Paid, Public, Tap Installed
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 1.5
  • Current Property Use: Recreation, Residential Single Family
  • Em Deposit: negotiable
  • Possible Property Use: Residential Single Family, Mountain Recreation, Aglivestock, Hogs, Horses, Poultry, Recreation
  • Mineral Rights: Unknown
  • Modularmobile Allow: Both
  • Outbuildngsstructures: Metal Building
  • Price per Sq Ft: 4.06
  • Sold Priceacre: 176666.67
  • Water Tap Available: Yes
  • Water Tap Installed: Yes
  • Total Taxes Dollar: 535.60
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains, Valley

Utilities

  • Utilities: Electricity
  • Water Tap Paid: Yes
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Water Supplier: Piedra Park Metropolitan District

Schools

  • High School: Open Enrollment

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Open Enrollment
  • Middle School: Open Enrollment

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2023
Closed on
Mar 30, 2023
Sold by
Murphy Martha Ann
Bought by
Lukens Travis and Lukens Jessica
Seller's Agent
Martha Murphy
Best of Pagosa Springs
Buyer's Agent
Martha Murphy
Best of Pagosa Springs
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Views
37
Current Estimated Value
$921,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$656,000
Avg. Annual Appreciation
55.79%

Purchase Details

Listed on
Jun 22, 2020
Closed on
Dec 31, 2020
Sold by
Reddy Robert D and Reddy Joann
Bought by
Murphy Martha Ann
Seller's Agent
Deborah Archuleta
Archuleta Properties LLC
Buyer's Agent
Martha Murphy
Best of Pagosa Springs
List Price
$60,000
Sold Price
$45,000
Premium/Discount to List
-$15,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
119.91%

Purchase Details

Closed on
Oct 14, 2004
Sold by
Arboles Land Llc
Bought by
Reddy Robert D and Reddy Joann

Purchase Details

Closed on
Apr 19, 2004
Sold by
Newman J R
Bought by
Arboles Land Llc

Purchase Details

Closed on
Oct 16, 1998
Sold by
Vannord Inc
Bought by
Newman J R

Purchase Details

Closed on
Oct 31, 1995
Sold by
Scott Hunt Properties Co
Bought by
Vannord Inc

Purchase Details

Closed on
May 14, 1993
Sold by
Washburn Frances A
Bought by
Hunt Scott Properties Co

Purchase Details

Closed on
May 20, 1988
Sold by
Mckelvey Charles R
Bought by
Washburn Frances A

Purchase Details

Closed on
Jul 1, 1981
Bought by
Mckelvey Charles and Mckelvey P
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Lukens Travis -- --
Murphy Martha Ann $45,000 High Country Title
Reddy Robert D $22,500 --
Arboles Land Llc -- --
Newman J R $30,000 --
Vannord Inc $75,000 --
Hunt Scott Properties Co -- --
Washburn Frances A $13,000 --
Mckelvey Charles $3,100 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2023 03/30/23 Sold $265,000 0.0% --
02/26/2023 02/26/23 Pending -- -- --
02/26/2023 02/26/23 Price Changed $265,000 -1.9% --
02/11/2023 02/11/23 Price Changed $270,000 -1.8% --
02/01/2023 02/01/23 For Sale $275,000 +511.1% --
12/30/2020 12/30/20 Sold $45,000 -25.0% -- View Prior Sale
12/12/2020 12/12/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $60,000 -- --
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
2024 $1,887 $36,150 $16,150 $20,000
2023 $1,887 $36,150 $16,150 $20,000
2022 $536 $9,430 $9,430 $0
2021 $569 $9,430 $9,430 $0
2020 $762 $13,490 $13,490 $0
2019 $650 $13,490 $13,490 $0
2018 $450 $9,220 $9,220 $0
2017 $456 $9,220 $9,220 $0
2016 $430 $9,220 $9,220 $0
2015 -- $9,220 $9,220 $0
2014 -- $7,240 $7,240 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 800785

Colorado Real Estate Network (CREN)

APN: 616108307025