$2,450,000
SOLD OCT 18, 2021

227 Sultan Dr Durango, CO 81301

3 Beds
4 Baths
3,897 Sq Ft
10,846 Sq Ft Lot

Recently Sold

$629 Per Sq Ft

2% Below List Price

55 Days on Market

Highlights

  • Ski Accessible
  • Near a National Forest
  • 2 Car Attached Garage
  • Durango High School Rated A-
  • Furnished

About This Home

As of September 2023

This Magnificent one-of-a-kind 3897 SF home is located in the Exclusive Engineer Village development. Perched on a wood lot boarding on San Juan National Forest, you can view outdoor wildlife among the Douglas firs, Pines and Aspen trees out your window or from your patio hot tub. This amazing 3 bedroom 3-3/4 bathroom also boasts a large game/bunk room with mini kitchen and bar -- could be 4th bedroom. This comes fully furnished with luxurious designer treatment and high end fixtures throughout. Stunning highlights are the floor-to-ceiling stone fireplace, one of 3 fireplaces total. Open kitchen with custom cabinetry, and expansive windows with amazing views of Engineer Mountain, Castle Rock and the Hermosa Cliffs. DMMA club amenities include pool, hot tub, fitness center, on demand resort shuttle, private restaurant and lounge.

Last Agent to Sell the Property

Sean Wren

Durango Mountain Realty LLC Listed on: 06/30/2021

Last Buyer's Agent

Lisa Govreau

RE/MAX Pinnacle

RE/MAX Pinnacle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,227

Year Built

  • Built in 2016

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Stick Built Home

Interior Spaces

  • 3,897 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Additional Features

  • 10,846 Sq Ft Lot
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 508925203028

Community Details

Overview

  • Durango Mountain Master Association
  • Near a National Forest

Recreation

  • Ski Accessible

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,227

Year Built

Built in 2016

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Estimated Total Acres: 0.249
  • Class: RESIDENTIAL
  • Elevation: 8800
  • Em Deposit: 150,000
  • Em Holder: Land Title
  • Legal Lot Block: Subdivision: DMR Engineer Village PH III Lot: 83 227 Sultan Dr. Durango 81301
  • List Price per Sq Ft: 640.24
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 508925203028
  • Price Per Sq Ft: 628.69
  • Property Description: Borders National Forest, Skier Access
  • Real Estate Included: Yes
  • Realist Id: 5089-252-03-028
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 628.69
  • Street Designation: Drive
  • Zoning: Residential Single Family
  • Type: Stick Built
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Provider: Spectrum/Charter
  • Internet Service: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 7227
  • Year Built: 2016
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Estimated Total Sq Ft: 3897
  • Full Bathrooms: 3
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 4
  • Total Office Den: 0

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Durango Mountain Utilities
  • Sewer Supplier: Purgatory Metropolitan District
  • Water Supplier: Purgatory Metropolitan District

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 2400
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: Durango Mountain Master Association

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

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2020

MLS Schools

  • Elementary School: Animas Valley K-5
  • Middle School: Miller 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2022
Closed on
Sep 27, 2023
Sold by
Dreger William D and Dreger Deborah H
Bought by
Toti Michael E and Toti Jana L
Seller's Agent
Bruce Campbell
Coldwell Banker Mountain Properties
Buyer's Agent
Cyrilla Cass
Durango Mountain Realty LLC
List Price
$2,950,000
Sold Price
$2,850,000
Premium/Discount to List
-$100,000
-3.39%
Views
488
Current Estimated Value
$2,888,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,347
Avg. Annual Appreciation
0.74%
Original Mortgage
$1,500,000
Outstanding Balance
$1,473,079
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$1,415,268

Purchase Details

Listed on
Jun 30, 2021
Closed on
Oct 18, 2021
Sold by
Brusto Resort Llc
Bought by
Dreger William D and Dreger Deborah H
Seller's Agent
Sean Wren
Durango Mountain Realty LLC
Buyer's Agent
Lisa Govreau
RE/MAX Pinnacle
List Price
$2,495,000
Sold Price
$2,450,000
Premium/Discount to List
-$45,000
-1.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%
Original Mortgage
$548,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2019
Sold by
Brusto Resort Llc
Bought by
Brusto Curtis and Brusto Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2015
Sold by
Durango Mountain Land Company Llc
Bought by
Brusto Curtis and Brusto Kathleen
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $2,850,000 Land Title Guarantee
Warranty Deed $2,450,000 Land Title Guarantee
Quit Claim Deed -- Land Title Guarantee Co
Special Warranty Deed $180,000 Colorado Title & Closing Ser
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,500,000 New Conventional
Previous Owner $548,250 New Conventional
Previous Owner $484,000 New Conventional
Previous Owner $600,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2023 09/27/23 Sold $2,850,000 -3.4% $731 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
12/19/2022 12/19/22 For Sale $2,950,000 +20.4% $757 / Sq Ft
10/18/2021 10/18/21 Sold $2,450,000 -1.8% $629 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $2,495,000 -- $640 / 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 $14,831 $181,060 $18,650 $162,410
2024 $13,686 $162,350 $11,420 $150,930
2023 $13,686 $166,630 $11,730 $154,900
2022 $8,059 $95,070 $10,770 $84,300
2021 $8,183 $97,650 $11,080 $86,570
2020 $7,227 $87,540 $11,550 $75,990
2019 $6,768 $83,680 $11,550 $72,130
2017 $1,822 $22,760 $9,880 $12,880
2016 $794 $10,300 $10,300 $0
2015 $801 $9,960 $9,960 $0
2014 $801 $10,500 $10,500 $0
2013 -- $10,180 $10,180 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 783985

Colorado Real Estate Network (CREN)

APN: R429064