262 E 3rd Ave Durango, CO 81301
So Co NeighborhoodEstimated Value: $899,000 - $1,007,166
3
Beds
2
Baths
1,426
Sq Ft
$662/Sq Ft
Est. Value
About This Home
As of October 2021Downtown 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 Listed By
Dahlia Davis
Home Sweet Home Realty Listed on: 08/13/2021
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
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
Total Days on Market
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,542
Avg. Annual Appreciation
5.89%
Original Mortgage
$660,000
Outstanding Balance
$610,927
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$401,756
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
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Similar Homes in Durango, CO
Home Values in the Area
Average Home Value in this Area
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
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 | $1,983 | $49,350 | $10,130 | $39,220 |
| 2023 | $1,983 | $52,530 | $10,780 | $41,750 |
| 2022 | $1,636 | $55,010 | $11,290 | $43,720 |
| 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
-
Seller's Agent in 2021
Dahlia Davis
Home Sweet Home Realty
(970) 759-4630
-
Joe Clair
Buyer's Agent in 2021
Joe Clair
Keller Williams Realty Southwest Associates, LLC
(970) 903-9417
4 in this area
199 Total Sales
Map
Source: Colorado Real Estate Network (CREN)
MLS Number: 785834
APN: R010990
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