NOT LISTED FOR SALE

283 Thunder Mountain Durango, CO 81301

Estimated Value: $904,318

35.19 Acres
$25,698 Price per Acre
1,532,876 Sq Ft Lot

Last Sold October 06, 2022

Last sale price $795,000

Est. 14% increase in value since last sale

Current estimated payment $4,914/month

Highlights

  • Horses Allowed On Property
  • 35.19 Acre Lot
  • Near a National Forest
  • Durango High School Rated A-
  • Mountain View
  • Wooded Lot

About This Lot

As of October 2022

Simply stunning top of the world views of Engineer Mountain, Hermosa Cliffs, and the La Plata Mountains that borders the National Forest and literally has your very own trail leading right into the wilderness. What really sets this remote spot apart is the convenience of its paved access, underground electric, telephone and natural gas services already available to the property. There is also a good producing well at 6GPM and a natural spring on the property as well. There are excellent meadows for pasturing horses and you will bask in the joy of wildlife abound, creating a space that truly is heaven on earth. This is a magnificent property affording end of the road living with absolute peace and privacy in the magnificent Rocky Mountain setting that most can only dream of.

Last Agent to Sell the Property

Tina Miely

Berkshire Hathaway HomeServices Colorado Properties Listed on: 05/30/2022

Berkshire Hathaway HomeServices Colorado Properties

Last Buyer's Agent

Justin Osborn

The Wells Group of Durango, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $48

Lot Details

  • 35.19 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Wooded Lot
  • Property is zoned Agriculture

HOA Fees

  • $167 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

  • Pasture
  • Livestock

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Spring water is a source of water for the property
  • Well

Community Details

  • Association fees include road maintenance
  • Redtail Property Owners Association
  • Near a National Forest
  • Stream Seasonal

Listing and Financial Details

  • Security Deposit $50,000
  • Assessor Parcel Number 537321300088

Property Details

Property Type

Land

Est. Annual Taxes

$48

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Class: Land
  • Em Holder: Title Durango
  • Legal Lot Block: Subdivision: REDTAIL MTN RANCH Lot: 21 PL #793136
  • Livestock Allowed: Horses
  • Lot Size Acreage: 35-50 Acres
  • Parcel Id Number: 537321300088
  • Property Description: Wooded Lot, Cul-De-Sac, Borders National Forest, Pasture
  • Street Descriptionaccess: Paved
  • Waterfront Type: Seasonal Stream/Spring
  • Zoning: Agriculture
  • HOA Fee Frequency: Annually
  • Domestic Water: Domestic Installed/Paid, Domestic Well, Spring
  • Type: Mountain Property
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 35.19
  • Current Property Use: Ag/Livestock
  • Em Deposit: 50,000.00
  • Possible Property Use: Residential Single Family, Mountain Recreation, Aglivestock, Horses, Hunting, Recreation
  • Irrigation Systemrights: Well
  • Price Acre: 26996.31
  • Topography: Level
  • Price per Sq Ft: 0.62
  • Sold Priceacre: 22591.65
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Total Taxes Dollar: 43.40
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains, Valley

Utilities

  • Utilities: Electricity Near
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 275230

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Road Maintenance
  • Hoametro Fees: 2000.00
  • Hoa Name: Redtail Property Owners Association

Schools

  • Elementary School: Animas Valley K-5
  • Middle School: Miller 6-8
  • High School: Durango 9-12
  • 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
May 30, 2022
Closed on
Oct 6, 2022
Sold by
Ross Michael
Bought by
Lands End Capital Llc
Seller's Agent
Tina Miely
Berkshire Hathaway HomeServices Colorado Properties
Buyer's Agent
Justin Osborn
The Wells Group of Durango, LLC
List Price
$950,000
Sold Price
$795,000
Premium/Discount to List
-$155,000
-16.32%
Current Estimated Value
$904,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,318
Avg. Annual Appreciation
4.30%

Purchase Details

Listed on
Jun 9, 2020
Closed on
Mar 9, 2021
Sold by
Schlittgen Geof
Bought by
Ross Michael and Ross Shari
Seller's Agent
Geoffrey Schlittgen
Horizon Properties of Durango
Buyer's Agent
Tina Miely
Berkshire Hathaway HomeServices Colorado Properties
List Price
$1,300,000
Sold Price
$750,000
Premium/Discount to List
-$550,000
-42.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.76%
Original Mortgage
$562,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2009
Sold by
Redtail Mountain Ranches Llc
Bought by
Schlittgen Geof

Purchase Details

Closed on
Jun 29, 2007
Sold by
Redtail Mountain Ranches Llc
Bought by
Schlittgen Geof
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lands End Capital Llc -- --
Lands End Capital Llc $795,000 --
Ross Michael -- None Listed On Document
Schlittgen Geof -- None Available
Schlittgen Geof -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ross Michael $562,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2022 10/06/22 Sold $795,000 -16.3% --
08/30/2022 08/30/22 Pending -- -- --
05/30/2022 05/30/22 For Sale $950,000 +26.7% --
03/09/2021 03/09/21 Sold $750,000 -23.1% -- View Prior Sale
06/09/2020 06/09/20 Price Changed $975,000 -25.0% --
06/09/2020 06/09/20 For Sale $1,300,000 -- --
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 $48 $990 $990 --
2024 $41 $960 $960 --
2023 $40 $960 $960 --
2022 $40 $960 $960 $0
2021 $43 $1,020 $1,020 $0
2020 $40 $980 $980 $0
2019 $39 $980 $980 $0
2018 $37 $940 $940 $0
2017 $36 $940 $940 $0
2016 $31 $880 $880 $0
2015 $28 $880 $880 $0
2014 $28 $820 $820 $0
2013 -- $820 $820 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 794066

Colorado Real Estate Network (CREN)

APN: R422524