NOT LISTED FOR SALE

281 Silver Queen S Unit 113 Durango, CO 81301

Edgemont Neighborhood

Estimated Value: $442,831 - $494,000

1 Bed
1 Bath
1,172 Sq Ft
$13,080/mo HOA Fee

Last Sold November 17, 2022

Last sale price $400,000 $341 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $15,590/month

2 Days on Market

Highlights

  • 1 Home Office
  • Durango High School Rated A-
  • Dogs Allowed

About This Home

As of November 2022

This unique residential condominium in Edgemont Ranch lives like a single family dwelling. All the lit rooms in the evening photos belong to this one unit, and at 1,172 sqft, it is almost double the size of the other Farmhouse units. This hidden gem among quadplexes is said to have been the original sales office for the complex, which explains the large office to the right of the entrance. Here you can work, create art, paint, play a musical instrument or just spend time on your hobbies. This room has the only shared wall in the building, a laundry room with a bathroom and a laundry sink. At the opposite end of the room is the staircase leading up to the splendid living area, where you enjoy beautiful views from every window of the Aspen Trees, the Mountains and the Alpine Forest. Since the Farmhouse East is pet friendly, start your day walking Fido on the Edgemont Trail System immediately adjacent to your home. Around sunset BarBQ a tasty dinner cooked on your private upper deck. Be sure to experience the tranquility of this private location and relax in your spacious living room. At the end of the day retire to your large bedroom. This unit also has 238 sq ft of separate space with access from the side and front porches to store your kayaks, SUPs, bikes, other toys, tools or use as a workshop. Edgemont Ranch is an exceptional highly sought after community where you and your neighbors play tennis/paddleball/basketball or bring a child/children to the playground. You might prefer to take a day two to just sit and enjoying this relaxing mountain environment living. On the other hand, with the rolling county road or myriad of trails almost outside your door, mountain biking and hiking might be your daily activities, especially since your community has private access to the Florida River Trail, too! And remember there are also lakes relatively near by to go camping, boating, fishing, SUP boarding or cross-country ski on the groomed trails in winter. Edgemont also has possibly the best metro district in La Plata County providing Florida River water and a brand new state of the art sewer treatment plant. This community is only minutes away from schools, downtown shopping and restaurants, as well as, easy access to Mercy Regional Medical Center and Durango-La Plata County Airport. This is Durango living at its best. Enjoy the essentially single family living with the benefits and ease of condominium ownership.

Last Agent to Sell the Property

Cindy Buccowich

Keller Williams Realty Southwest Associates, LLC Listed on: 10/15/2022

Keller Williams Realty Southwest Associates, LLC

Last Buyer's Agent

Cindy Buccowich

Keller Williams Realty Southwest Associates, LLC Listed on: 10/15/2022

Keller Williams Realty Southwest Associates, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $841

Year Built

  • Built in 1986

HOA Fees

  • $13,080 Monthly HOA Fees

Interior Spaces

  • 1,172 Sq Ft Home
  • 1 Home Office

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

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

Utilities

  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 567118203025

Community Details

Overview

  • Farmhouse East/Ermd/Epoa HOA

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$841

Year Built

Built in 1986

Lot Details

0

HOA Fees

$13,080 per month

Listing Details

  • Class: RESIDENTIAL
  • Em Deposit: 7,000
  • Em Holder: Title Durango
  • Legal Lot Block: EDGEMONT RANCH FARM HOUSE CONDOS LOT 98 Unit: 113 DESC: PROJ 2000-124 281 SILVER QUEEN SOUTH #113 DURANGO 81301
  • List Price per Sq Ft: 331.06
  • Parcel Id Number: 567118203025
  • Price Per Sq Ft: 341.3
  • Real Estate Included: Yes
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 341.3
  • Type: Condo
  • Hoa Dogs Allowed: Yes
  • HOA Fees: Yes
  • Internet Provider: Spectrum/Charter
  • Internet Service: Yes
  • Total Taxes Dollar: 840.52
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bedrooms: 1
  • Estimated Total Sq Ft: 1172
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Total Office Den: 1

Utilities

  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Sewer Supplier: Edgemont Ranch Metro District
  • Water Supplier: Edgemont Ranch Metro District

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: $130/79.50
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: Farmhouse East/ERMD/EPOA

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

MLS Schools

  • Elementary School: Riverview K-5
  • Middle School: Miller 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2022
Closed on
Nov 11, 2022
Sold by
Siedlik Chad A
Bought by
Schneider Katy A
Seller's Agent
Cindy Buccowich
Keller Williams Realty Southwest Associates, LLC
Buyer's Agent
Cindy Buccowich
Keller Williams Realty Southwest Associates, LLC
List Price
$388,000
Sold Price
$400,000
Premium/Discount to List
$12,000
3.09%
Views
3
Current Estimated Value
$464,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,708
Avg. Annual Appreciation
4.92%
Original Mortgage
$370,000
Outstanding Balance
$358,132
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$106,576

Purchase Details

Closed on
Apr 4, 2003
Bought by
Collins Janet
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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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
Schneider Katy A $400,000 --
Collins Janet $172,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schneider Katy A $370,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2022 11/17/22 Sold $400,000 +3.1% $341 / Sq Ft
10/17/2022 10/17/22 Pending -- -- --
10/15/2022 10/15/22 For Sale $388,000 -- $331 / 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 $905 $25,220 -- $25,220
2024 $803 $15,790 -- $15,790
2023 $803 $18,650 $0 $18,650
2022 $489 $20,200 $0 $20,200
2021 $495 $16,730 $0 $16,730
2020 $457 $16,190 $0 $16,190
2019 $443 $16,190 $0 $16,190
2018 $349 $14,150 $0 $14,150
2017 $345 $14,150 $0 $14,150
2016 $354 $15,440 $0 $15,440
2015 $159 $15,440 $0 $15,440
2014 $159 $13,850 $0 $13,850
2013 -- $13,850 $0 $13,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 798974

Colorado Real Estate Network (CREN)

APN: R423081