NOT LISTED FOR SALE

28 Sanctuary Ln Durango, CO 81301

Estimated Value: $1,169,000 - $3,073,000

0.62 Acre
$2,918,074 Price per Acre
27,007 Sq Ft Lot

Last Sold June 23, 2023

Last sale price $340,000

Est. 427% increase in value since last sale

Current estimated payment $9,412/month

4 Days on Market

Highlights

  • Home fronts a pond
  • Mountain View
  • 1 Irrigated Acre
  • Durango High School Rated A-
  • Adjacent to Greenbelt
  • Level Lot

About This Lot

As of June 2023

Build your dream home in the desirable Animas Valley! This 0.62-acre flat lot offers a beautiful pond, the Hermosa Red Cliff, views of picturesque mountains, adjacent to the open space with a pond and waterfall, and there is National Forest access close by offering hiking and plenty of outdoor activities. There is also a running ditch on the backside of the property that attracts lots of wildlife and birds. This last vacant lot in the Sanctuary Subdivision is located on a private street on a quiet cul-de-sac, and just 15 minutes from Durango, 20 minutes to the ski resort, and only a few minutes away from a PJ's Gourmet Market, Trimble Hardware store, Animas Wine & Spirits, Trimble Hot Springs, and The Dalton Ranch Golf Course. All utilities are underground and include central water, central sewer, natural gas, electric, and a high-speed internet is available. The subdivision owns irrigation water rights, and therefore, you can make your future yard looking like a park setting! Homes in The SANCTUARY must have a minimum of a 1700 sq.ft. residence, and a minimum 2-car garage. This property in the heart of the Animas Valley has gorgeous views in all directions. Please go to Associated Documents for additional information including the covenants, plat, aerial photo and seller’s property disclosure. Bring your imagination and build the home of your dreams!

Last Agent to Sell the Property

Gabi Bergstrom

RE/MAX Pinnacle Listed on: 04/20/2023

RE/MAX Pinnacle

Last Buyer's Agent

Gabi Bergstrom

RE/MAX Pinnacle Listed on: 04/20/2023

RE/MAX Pinnacle

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,716

Lot Details

  • 0.62 Acre Lot
  • Home fronts a pond
  • Adjacent to Greenbelt
  • Level Lot

HOA Fees

  • $71 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Schools

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

Farming

  • 1 Irrigated Acre

Utilities

  • Irrigation Water Rights
  • Internet Available

Community Details

  • Association fees include irrigation, road maintenance, snow removal
  • Sanctuary HOA
  • Sanctuary Subdivision

Listing and Financial Details

  • Security Deposit $15,000
  • Assessor Parcel Number 559710215002

Property Details

Property Type

Land

Est. Annual Taxes

$1,716

Lot Details

0

HOA Fees

$71 per month

Listing Details

  • Class: Land
  • Em Holder: Title Durango, LLC
  • Legal Lot Block: SUBDIVISION: SANCTUARY AT NORTH VALLEY LOT: 2 PROJ 98-214 28 SANCTUARY LN DURANGO 81301
  • Lot Size Acreage: .5-.99 Acres
  • Parcel Id Number: 559710215002
  • Property Description: Adj To Greenbelt
  • Street Descriptionaccess: County, Private, Paved
  • Street Designation: Lane
  • Waterfront Type: Pond
  • Zoning: Residential Single Family
  • HOA Fee Frequency: Annually
  • Domestic Sewer: Sewer Tap Available
  • Domestic Water: Public
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Irrigation Acres: 0.62
  • Estimated Total Acres: 0.62
  • Current Property Use: Residential Single Family
  • Em Deposit: 15000
  • Water Rights Irrigation: Yes
  • Irrigation Systemrights: Open Ditch
  • Irr Water Descamnt: 1/8 cubic
  • Mineral Rights: Unknown
  • Topography: Level
  • Price per Sq Ft: 12.96
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 548387.1
  • Water Tap Available: Yes
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 1716
  • Prop Description Remarks: Build your dream home in the desirable Animas Valley! This 0.62-acre flat lot offers a beautiful pond, the Hermosa Red Cliff, views of picturesque mountains, adjacent to the open space with a pond and waterfall, and there is National Forest access close by offering hiking and plenty of outdoor activities. There is also a running ditch on the backside of the property that attracts lots of wildlife and birds. This last vacant lot in the Sanctuary Subdivision is located on a private street on a quiet cul-de-sac, and just 15 minutes from Durango, 20 minutes to the ski resort, and only a few minutes away from a PJ's Gourmet Market, Trimble Hardware store, Animas Wine & Spirits, Trimble Hot Springs, and The Dalton Ranch Golf Course. All utilities are underground and include central water, central sewer, natural gas, electric, and a high-speed internet is available. The subdivision owns irrigation water rights, and therefore, you can make your future yard looking like a park setting! Homes in The SANCTUARY must have a minimum of a 1700 sq.ft. residence, and a minimum 2-car garage. This property in the heart of the Animas Valley has gorgeous views in all directions. Please go to Associated Documents for additional information including the covenants, plat, aerial photo and seller’s property disclosure. Bring your imagination and build the home of your dreams!
  • Subdv Name: Sanctuary
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains, Valley
  • Waterfront: Yes

Utilities

  • Utilities: Electricity, Natural Gas, Internet
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Irrigation Water District: Hermosa Ditch, HOA owned
  • Water Supplier: Animas Water Company

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Irrigation, Road Maintenance, Snow Removal
  • Hoametro Fees: 850
  • Hoa Name: SANCTUARY

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2022

MLS Schools

  • Elementary School: Animas Valley K-5
  • Middle School: Miller 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
Jun 23, 2023
Sold by
Southwest Equity Investments
Bought by
Lvie Linda L and Ivie Joseph C
Seller's Agent
Gabi Bergstrom
RE/MAX Pinnacle
Buyer's Agent
Gabi Bergstrom
RE/MAX Pinnacle
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%
Current Estimated Value
$1,792,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,452,979
Avg. Annual Appreciation
92.13%

Purchase Details

Closed on
Aug 1, 2001
Bought by
Southwest Equity Investments
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Lvie Linda L $340,000 None Listed On Document
Southwest Equity Investments $105,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2023 06/23/23 Sold $340,000 -2.9% --
04/24/2023 04/24/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $350,000 -- --
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 $695 $84,820 $19,720 $65,100
2024 $2,158 $13,780 $9,430 $4,350
2023 $2,158 $49,750 $49,750 $0
2022 $1,717 $51,710 $51,710 $0
2021 $1,679 $39,150 $39,150 $0
2020 $1,521 $36,540 $36,540 $0
2019 $1,460 $36,540 $36,540 $0
2018 $2,106 $53,290 $53,290 $0
2017 $2,063 $53,290 $53,290 $0
2016 $1,871 $52,270 $52,270 $0
2015 $1,763 $52,270 $52,270 $0
2014 -- $47,960 $47,960 $0
2013 -- $47,960 $47,960 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 805126

Colorado Real Estate Network (CREN)

APN: R420760