Seller's Agent in 2022
Jaime Marquez
Coldwell Banker Mountain Properties
(970) 759-8919
24 in this area
73 Total Sales
27 Terra Blue Way Durango, CO 81301
Edgemont NeighborhoodEstimated Value: $1,055,000 - $1,473,000
0.08
Acre
$14,786,612
Price per Acre
3,485
Sq Ft Lot
Highlights
- Fishing Allowed
- Mountain View
- Cul-De-Sac
- Durango High School Rated A-
- Wooded Lot
About This Lot
As of August 2022The BEST value for a residential lot in Edgemont Highlands today! Offering the best lot values in Edgemont Highlands today, Elements 2 is a newer subdivision, within the 500-acre master planned community of Edgemont Highlands, and conveniently located about 5 miles east of historic downtown Durango. Situated at approximately 7500 feet among the Ponderosa Pines and the Oak, it is a true Colorado dream setting. The first few homes are completed with a few under construction. Bring your own builder or we can introduce you to some! Situated along a cul-de-sac and backing to acres and acres of forest to explore, this collection of 17 lots is unique. The Elements subdivision was designed as "clustered homes" with smaller lots to offer more common area open space. This minimizes maintenance for the homeowners without compromising on the overall open area in the neighborhood. Lot lines are essentially the building envelope. Standard setbacks do not apply. Some of the lots are platted for individual homes and some are platted for duplex townhomes – there is a variety. The Elements Homeowners Association maintains all the common areas and native xeriscaping there as well for the owners. Elements is served by central water and sewer, high speed internet and natural gas. Enjoy all the neighborhood amenities that Edgemont Highlands offers including: Community Lodge with full kitchen and oversized porch, neighborhood Herb Garden, 10+ miles of Hiking Trails, over 1.5 miles of Florida River access for blue ribbon fly fishing and over 200 acres of Open Space to explore! Social community gatherings are planned at the Lodge periodically for BBQs and holidays. Elements assessments are $125 per lot per quarter + Edgemont assessments are $135 per lot per quarter. Lot buyer is responsible for these items per lot at closing: $500 to reserve fund for Elements Assoc., $500 reserve fund to Edgemont Assoc., and $250 HOA Admin fee for each Elements and Edgemont.
Property Details
Property Type
- Land
Est. Annual Taxes
- $339
Year Built
- 2021
Lot Details
- 3,485 Sq Ft Lot
- Cul-De-Sac
- Sloped Lot
- Wooded Lot
- Property is zoned Residential Multi Family
HOA Fees
- $87 Monthly HOA Fees
Property Views
- Mountain Views
Schools
- Riverview K-5 Elementary School
- Miller 6-8 Middle School
- Durango 9-12 High School
Utilities
- Septic System
- Internet Available
- Phone Available
- Cable TV Available
Listing and Financial Details
- Security Deposit $5,000
- Assessor Parcel Number 567107317011
Community Details
Overview
- Association fees include road maintenance, clubhouse, snow removal, fishing rights
- Elements 2 & Edgemont Highlands HOA
Recreation
- Fishing Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 26, 2021
Closed on
Dec 2, 2021
Sold by
27 Terra Blue Llc
Bought by
Robichaux James Hall and Hoover Rebecca Ann
Seller's Agent
Jeremiah Aukerman
eXp Realty, LLC
Buyer's Agent
Tiare Flora
The Wells Group of Durango, LLC
List Price
$847,000
Sold Price
$875,000
Premium/Discount to List
$28,000
3.31%
Total Days on Market
398
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
$307,929
Avg. Annual Appreciation
9.33%
Original Mortgage
$200,000
Outstanding Balance
$185,536
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$997,393
Purchase Details
Closed on
Jan 26, 2021
Sold by
Sutter Homes Co
Bought by
27 Terra Blue Llc
Purchase Details
Closed on
Nov 2, 2020
Sold by
Elements Durango Llc
Bought by
Sutter Homes Co
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,925
Interest Rate
2.8%
Mortgage Type
Construction
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Robichaux James Hall | $875,000 | Colorado Ttl & Closing Svcs | |
| 27 Terra Blue Llc | -- | None Available | |
| Sutter Homes Co | $92,500 | Land Title Guarantee Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Robichaux James Hall | $200,000 | |
| Previous Owner | Sutter Homes Co | $398,925 | |
| Previous Owner | Sutter Homes Co | $45,000 | |
| Previous Owner | Sutter Homes Co | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2022 08/31/22 | Sold | $109,500 | -87.5% | -- |
| 04/11/2022 04/11/22 | Pending | -- | -- | -- |
| 12/21/2021 12/21/21 | Sold | $875,000 | +3.3% | $405 / Sq Ft |
| 10/28/2021 10/28/21 | Pending | -- | -- | -- |
| 10/26/2021 10/26/21 | For Sale | $847,000 | +673.5% | $392 / Sq Ft |
| 03/09/2021 03/09/21 | For Sale | $109,500 | -- | -- |
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 | $2,941 | $58,690 | $6,290 | $52,400 |
| 2023 | $2,941 | $61,970 | $6,640 | $55,330 |
| 2022 | $1,660 | $64,700 | $6,930 | $57,770 |
| 2021 | $339 | $6,660 | $6,660 | $0 |
| 2020 | $339 | $6,800 | $6,800 | $0 |
| 2019 | $0 | $6,600 | $6,600 | $0 |
| 2018 | $374 | $7,700 | $7,700 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jaime Marquez
-
Cindy Marquez
Seller Co-Listing Agent in 2022
Cindy Marquez
Coldwell Banker Mountain Properties
(970) 769-0842
22 in this area
54 Total Sales
-
Jeremiah Aukerman
Seller's Agent in 2021
Jeremiah Aukerman
eXp Realty, LLC
(970) 769-2407
6 in this area
82 Total Sales
-
Tiare Flora
Buyer's Agent in 2021
Tiare Flora
The Wells Group of Durango, LLC
(970) 903-1355
62 in this area
149 Total Sales
-
K
Buyer Co-Listing Agent in 2021
Kylie Kouyoumjian
The Wells Group of Durango, Inc.
Map
Source: Colorado Real Estate Network (CREN)
MLS Number: 779481
APN: R436550
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