NOT LISTED FOR SALE

228 E 6th Ave Durango, CO 81301

So Co Neighborhood

Estimated Value: $407,000 - $488,000

3 Beds
2 Baths
2,256 Sq Ft
$194/Sq Ft Est. Value

Sale Details

Date Sold: November 1, 2023

Last sale price $382,000 $169 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,469 / mo

2 Days on Market

Highlights

  • Accessory Dwelling Unit (ADU)
  • RV or Boat Parking
  • 1-Story Property
  • Park Elementary School Rated A-
  • Bungalow

About This Home

As of November 2023

2 structures on a 7500 sq ft lot in downtown Durango. Less than 2 blocks away from the Horse Gulch Trail System. West unit fronting 6th Ave is 1728 sq ft and east unit off the alley is 528 sq ft. Plenty of parking for RV's, boats, trailers, etc....Low annual taxes of only $943.32. Seller has never seen the property and is selling "as-is" with no Seller's Property Disclosure. Value is mostly in the land and conventional residential financing is not likely possible due to the amount of rehab work both structures need. Private financing terms offered: 35% down is 10.5% interest. 40% down is 10% interest. 45% down is 9.5% interest. 50% down is 9% interest. 2% loan origination fee. Amortization and balloon are negotiable with interest only financing terms possible.

Last Agent to Sell the Property

Justin Osborn

Wells Group Real Estate Listed on: 09/27/2023

Co-Listed By

Coby Wiegert

Wells Group Real Estate

Last Buyer's Agent

Scott Kurlander

Keller Williams Realty Southwest Associates, LLC

Keller Williams Realty Southwest Associates, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $943

Year Built

  • Built in 1911

Lot Details

  • 7,405

Parking

  • RV or Boat Parking

Home Design

  • Bungalow
  • Stick Built Home

Interior Spaces

  • 2,256 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Park K-5 Elementary School
  • Escalante 6-8 Middle School
  • Durango 9-12 High School

Utilities

  • Internet Available
  • Phone Available

Additional Features

  • 7,405 Sq Ft Lot
  • Accessory Dwelling Unit (ADU)

Community Details

  • Mountain View Subdivision

Listing and Financial Details

  • Assessor Parcel Number 566529325010

Home Details

Home Type

Single Family

Est. Annual Taxes

$943

Year Built

Built in 1911

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Additional Living Quarters: Yes
  • Estimated Total Acres: 0.17
  • Class: RESIDENTIAL
  • Em Deposit: 10,000
  • Em Holder: Title Company
  • Legal Lot Block: Subdivision: MOUNTAIN VIEW ADD Block: 6 Lot: 21 THRU:- Lot: 23 S/2 LOT 21,N/2 LOT 23, M V ADD 228 E 6TH AVE DURANGO 81301
  • Lot Dimension: See map
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 566529325010
  • Price Per Sq Ft: 169.33
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Residence Style: Bungalow
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 169.33
  • Street Descriptionaccess: City/Town, Paved
  • Street Designation: Avenue
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Additional Living Type: Guest Home
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: 943.32
  • Year Built: 1911
  • Foreign Owned Y N: No
  • Prop Description Remarks: 2 structures on a 7500 sq ft lot in downtown Durango. Less than 2 blocks away from the Horse Gulch Trail System. West unit fronting 6th Ave is 1728 sq ft and east unit off the alley is 528 sq ft. Plenty of parking for RV's, boats, trailers, etc....Low annual taxes of only $943.32. Seller has never seen the property and is selling "as-is" with no Seller's Property Disclosure. Value is mostly in the land and conventional residential financing is not likely possible due to the amount of rehab work both structures need. Private financing terms offered: 35% down is 10.5% interest. 40% down is 10% interest. 45% down is 9.5% interest. 50% down is 9% interest. 2% loan origination fee. Amortization and balloon are negotiable with interest only financing terms possible.
  • Subdv Name: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Bedrooms: 3
  • Estimated Total Sq Ft: 2256
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Utilities

  • Utilities: Electric, Phone - Landline, Natural Gas, Internet, Phone - Cell Reception
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Sewer Supplier: City of Durango
  • Water Supplier: City of Durango

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Park K-5
  • Middle School: Escalante 6-8

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2023
Closed on
Oct 31, 2023
Sold by
Bought by
Seller's Agent
Justin Osborn
Wells Group Real Estate
Buyer's Agent
Scott Kurlander
Keller Williams Realty Southwest Associates, LLC
List Price
$439,900
Sold Price
$382,000
Premium/Discount to List
-$57,900
-13.16%
Views
30
Current Estimated Value
$438,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,000
Avg. Annual Appreciation
5.12%

Purchase Details

Closed on
Jun 8, 2023
Sold by
Bought by

Purchase Details

Closed on
Apr 8, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2020
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$382,000 Durango Title
-- None Listed On Document
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $143,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/01/2023 11/01/23 Sold $382,000 -13.2% $169 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
09/27/2023 09/27/23 For Sale $439,900 -- $195 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $995 $18,400 $18,400
2025 $543 $18,790 $18,790
2024 $816 $11,490 $11,490
2023 $816 $23,200 $14,680 $8,520
2022 $1,377 $43,980 $15,740 $28,240
2021 $1,382 $34,830 $13,540 $21,290
2020 $1,284 $33,410 $13,360 $20,050
2019 $1,229 $33,410 $13,360 $20,050
2018 $1,142 $31,450 $12,650 $18,800
2017 $1,117 $31,450 $12,650 $18,800
2016 $1,017 $31,210 $12,100 $19,110
2015 $953 $31,210 $12,100 $19,110
2014 -- $28,000 $11,620 $16,380
2013 -- $28,000 $11,620 $16,380
Source: Public Records

Agents Affiliated with this Home

  • Justin Osborn

    Seller's Agent in 2023

    Justin Osborn

    Wells Group Real Estate

    (970) 946-3935

    2 in this area

    307 Total Sales

    Justin Osborn
    Section Image

  • C

    Seller Co-Listing Agent in 2023

    Coby Wiegert

    Wells Group Real Estate

    Section Image
  • Scott Kurlander

    Buyer's Agent in 2023

    Scott Kurlander

    Keller Williams Realty Southwest Associates, LLC

    (970) 749-0099

    1 in this area

    59 Total Sales

    Scott Kurlander
    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 808268

Colorado Real Estate Network (CREN)

APN: R017195

Colorado La Plata County Durango 81301 So Co

228 E 6th Ave, Durango, CO

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.

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