NOT LISTED FOR SALE

260 Edgemont Meadows Rd Durango, CO 81301

Edgemont Neighborhood

Estimated Value: $992,000 - $1,250,000

3 Beds
2.5 Baths
1,986 Sq Ft
$542/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $777,334 $391 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,220/month

8 Days on Market

Highlights

  • Under Construction
  • Mountain View
  • 2-Story Property
  • Durango High School Rated A-
  • Adjacent to Greenbelt
  • Main Floor Primary Bedroom

About This Home

As of February 2022

Brand new custom home with high-end finish work. Main level living. Open floor plan with mountain views and a covered back porch backing up to open space. Main level has master suite. Upstairs has two bedrooms and one bathroom. Construction scheduled to be completed approximately late winter 2022. Quality construction by Meadows Homes, LLC....Tom Gorton & Tom Umbhau have a combined 60+ years in the construction business!

Last Listed By

Justin Osborn

The Wells Group of Durango, LLC Listed on: 06/07/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,545

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 9,757 Sq Ft Lot
  • Adjacent to Greenbelt
  • Open Space

HOA Fees

  • $45 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • 2-Story Property
  • Stick Built Home

Interior Spaces

  • 1,986 Sq Ft Home
  • Gas Log Fireplace
  • Den with Fireplace
  • Mountain Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Internet Available
  • Phone Available

Community Details

  • Association fees include snow removal, road maintenance
  • Edgemont Meadows HOA

Listing and Financial Details

  • Assessor Parcel Number 567118108011

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,545

Year Built

Built in 2021 | Under Construction

Lot Details

0

HOA Fees

$45 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Microwave
  • Estimated Total Acres: 0.224
  • Class: RESIDENTIAL
  • Em Deposit: 30000
  • Em Holder: Title Durango
  • Estimated Completion Date: 12/31/2021
  • Exterior Inclusions: Patio, Covered Porch
  • Legal Lot Block: Subdivision: EDGEMONT MEADOWS PH 2-A Lot: 114 PER PLAT 1159869
  • List Price per Sq Ft: 387.21
  • Lot Size Acreage: Less than .25
  • New Construction: Yes
  • New Construction Type: Under Construction
  • Parcel Id Number: 567118108011
  • Price Per Sq Ft: 391.41
  • Property Description: Adj to Greenbelt, Adj to Open Space
  • Real Estate Included: Yes
  • Realist Id: 5671-181-08-011
  • Residence Stories: Two Story
  • Residence Style: Ranch
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 391.41
  • Street Descriptionaccess: Private, Paved
  • Street Designation: Road
  • Zoning: Residential Single Family
  • Type: Stick Built
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Year Built: 2021
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Bedrooms: 3
  • Estimated Total Sq Ft: 1986
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Fireplace Location Type: Gas Logs, Den/Family Room
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Views: Mountains

Garage/Parking

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

Utilities

  • Utilities: Electric, Natural Gas, Internet, Phone - Cell Reception, Phone - Landline
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Heating System: Forced Air, Fireplace
  • Sewer Supplier: Edgemont Ranch Metro District
  • Water Supplier: Edgemont Ranch Metro District

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Snow Removal, Road Maintenance
  • Hoametro Fees: 135
  • HOA Metro Fees Frequency: Quarterly
  • Hoa Name: Edgemont Meadows

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: Unfurnished

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
Sep 1, 2022
Sold by
Farino Janet D
Bought by
Farino Robert J and Farino Tiffany J
Total Days on Market
8
Current Estimated Value
$1,075,681

Purchase Details

Listed on
Jun 7, 2021
Closed on
Feb 28, 2022
Sold by
Meadows Homes Llc
Bought by
Farino Robert and Farino Janet D
Seller's Agent
Justin Osborn
The Wells Group of Durango, LLC
Buyer's Agent
Lauren Ammerman
The Wells Group of Durango, LLC
List Price
$769,000
Sold Price
$777,334
Premium/Discount to List
$8,334
1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$549,000
Interest Rate
3.55%
Mortgage Type
New Conventional

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
Farino Robert J -- --
Farino Robert $777,334 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farino Robert $549,000
Previous Owner Meadows Homes Llc $474,721
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $777,334 +1.1% $391 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $769,000 -- $387 / 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
2024 $2,545 $50,030 $7,430 $42,600
2023 $2,545 $53,210 $7,900 $45,310
2022 $688 $55,710 $8,270 $47,440
2021 $1,180 $22,820 $22,820 $0
2020 $1,178 $23,280 $23,280 $0
2019 $0 $2,900 $2,900 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Colorado Real Estate Network (CREN)

MLS Number: 783033

Colorado Real Estate Network (CREN)

APN: R437332