NOT LISTED FOR SALE

262 E 3rd Ave Durango, CO 81301

So Co Neighborhood

Estimated Value: $742,000 - $982,509

3 Beds
2 Baths
1,426 Sq Ft
$601/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $825,000 $579 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,925/month

14 Days on Market

About This Home

As of October 2021

Downtown Durango turn-key opportunity, live the in town lifestyle from this recently updated bungalow, with a versatile layout that can be used as two private residences. Beautiful scenes of Perins Peak from the front of the home and views of the Animas River from the upstairs bedroom and living room! Gorgeous garden space and outdoor deck to enjoy the summer evenings and dine al-fresco! This unique residence has 2 beautiful bedrooms and 1 office/ den which can be used as a 3rd bedroom, sans closet or by enclosing the adjoining hallway closet. The upstairs has a living room, as well as a second kitchen! Looking for the ideal set up where you can have have two private living spaces on one property? Look no further. This property has great income producing possibilities! There is also potential for an ADU with a city approved architectural design. This home is the perfect property for anyone who wants to live in downtown Durango, with easy access to Main avenue shops, restaurants and live music, taking a stroll for a night on the town or walking to Sunday brunch is always an option from this desirable location. Watch the sunset over the Durango skyline from your front patio on historic 3rd avenue and rejoice when you make this property yours! Congratulations, you live in the San Juan Mountains of Colorado, welcome home!

Last Agent to Sell the Property

Dahlia Davis

Home Sweet Home Realty Listed on: 08/13/2021

Home Sweet Home Realty

Last Buyer's Agent

Joe Clair

Keller Williams Realty Southwest Associates, LLC

Keller Williams Realty Southwest Associates, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,078

Year Built

  • Built in 1898 | Remodeled in 2019

Lot Details

  • 3,746

Home Design

  • 1,426 Sq Ft Home
  • Stick Built Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Additional Features

  • 3,746 Sq Ft Lot
  • Accessory Dwelling Unit (ADU)
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 566529322002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,078

Year Built

Built in 1898 | Remodeled in 2019

Lot Details

0

Listing Details

  • Additional Living Quarters: Yes
  • Estimated Total Acres: 0.086
  • Class: RESIDENTIAL
  • Em Deposit: 10,000
  • Em Holder: title company
  • Legal Lot Block: Subdivision: MOUNTAIN VIEW ADD Block: 3 Lot: 15 M V ADD 262 E 3RD AVE DURANGO 81301
  • List Price per Sq Ft: 578.54
  • Parcel Id Number: 566529322002
  • Price Per Sq Ft: 578.54
  • Real Estate Included: Yes
  • Realist Id: 5665-293-22-002
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 578.54
  • Street Designation: Avenue
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Provider: Spectrum/Charter
  • Internet Service: Yes
  • Total Taxes Dollar: 1078.40
  • Year Built: 1898
  • Year Renovated: 2019
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Estimated Total Sq Ft: 1426
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Total Office Den: 0

Utilities

  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Sewer Supplier: City of Durango
  • Water Supplier: City of Durango

Schools

  • Elementary School: Park K-5
  • Middle School: Escalante 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: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Oct 6, 2021
Sold by
Wilson Walter Joe and Marron Anne Drennan
Bought by
Engquist Laura Deann and Sweeney Joseph Patrick
Seller's Agent
Dahlia Davis
Home Sweet Home Realty
Buyer's Agent
Joe Clair
Keller Williams Realty Southwest Associates, LLC
List Price
$825,000
Sold Price
$825,000
Current Estimated Value
$856,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,627
Avg. Annual Appreciation
1.00%
Original Mortgage
$660,000
Outstanding Balance
$604,464
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$252,163

Purchase Details

Closed on
May 25, 2018
Sold by
Kruse Edward C
Bought by
Wilosn Walter Joe and Marron Anne Drennan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
May 15, 2003
Bought by
Kruse Edward
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
Engquist Laura Deann $825,000 Land Title Guarantee
Wilosn Walter Joe $340,000 Stewart Title
Kruse Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Engquist Laura Deann $660,000
Previous Owner Wilosn Walter Joe $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $825,000 0.0% $579 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $825,000 -- $579 / 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 $2,332 $58,170 $13,480 $44,690
2024 $1,983 $49,350 $10,130 $39,220
2023 $1,983 $52,530 $10,780 $41,750
2022 $1,636 $40,240 $9,440 $30,800
2021 $1,164 $29,320 $9,710 $19,610
2020 $1,078 $28,050 $9,580 $18,470
2019 $1,032 $28,050 $9,580 $18,470
2018 $959 $26,390 $9,070 $17,320
2017 $937 $26,390 $9,070 $17,320
2016 $857 $26,290 $8,680 $17,610
2015 $803 $26,290 $8,680 $17,610
2014 -- $23,440 $8,340 $15,100
2013 -- $23,440 $8,340 $15,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Dahlia Davis

    Home Sweet Home Realty

    Section Image
  • Joe Clair

    Buyer's Agent in 2021

    Joe Clair

    Keller Williams Realty Southwest Associates, LLC

    (970) 903-9417

    3 in this area

    196 Total Sales

    Joe Clair
    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 785834

Colorado Real Estate Network (CREN)

APN: R010990

Colorado La Plata County Durango 81301 So Co

262 E 3rd Ave, Durango, CO

This home is located at 262 E 3rd Ave, Durango, CO 81301 since 13 August 2021 and is currently estimated at $856,627, approximately $600 per square foot. This property was built in 1898. 262 E 3rd Ave is a home located in La Plata County with nearby schools including Park Elementary School, Escalante Middle School, and Durango High School.

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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