NOT LISTED FOR SALE

2860 E 2nd Ave Durango, CO 81301

Estimated Value: $1,606,500

4 Beds
4 Baths
4,070 Sq Ft
$395/Sq Ft Est. Value

Last Sold December 07, 2020

Last sale price $1,995,000 $490 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $10,007/month

5 Days on Market

Highlights

  • Indoor Spa
  • River Front
  • Creek or Stream View
  • Durango High School Rated A-
  • RV or Boat Parking
  • Deck

About This Home

As of December 2020

Perched on the rim overlooking the Animas River, this Classique Builders custom home sits on one of the larger lots in Durango City limits, with some of the best views you'll find in all of Southwest Colorado. The 4,000+ sq ft are spread out among two levels and currently living as a custom multigenerational home with each level having it's own exterior access. Both levels offer open floorplans with gorgeous high-end custom finish work throughout. From the covered deck with built-in natural gas grill to the multiple patios, outdoor living space is abundant on this property. Recreation is literally right out the door with the Durango Rec Center and the Animas River Trail only being 1 block away. 3D floorplan coming soon.

Last Agent to Sell the Property

Justin Osborn

The Wells Group of Durango, LLC Listed on: 09/24/2020

Last Buyer's Agent

Chelsea Krueger

The Wells Group of Durango, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,347

Year Built

  • Built in 1984

Lot Details

  • 0.3 Acre Lot
  • River Front
  • Landscaped
  • Sprinkler System

Property Views

  • Creek or Stream
  • Mountain

Home Design

  • 2-Story Property
  • Brick Exterior Construction
  • Metal Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 4,070 Sq Ft Home
  • Central Vacuum
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den with Fireplace
  • Game Room
  • Indoor Spa

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Apartment Living Space in Basement

Parking

  • 2 Car Garage
  • Heated Garage
  • Garage Door Opener
  • RV or Boat Parking

Outdoor Features

  • Deck
  • Patio
  • Outdoor Gas Grill

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Wood
  • Water Heater
  • Internet Available

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 566517400012

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,347

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Additional Living Quarters: Yes
  • Appliance Inclusions: Range Top, Refrigerator, Dishwasher, Washer, Dryer, Microwave, Freezer
  • Estimated Total Acres: 0.3
  • Class: RESIDENTIAL
  • Em Deposit: 75,000
  • Em Holder: Title Durango
  • Exterior Inclusions: Landscaping, Patio, Deck, Gas Grill, Hot Tub, Lawn Sprinklers
  • Fronts: Animas River
  • Interior Inclusions: Window Coverings, Ceiling Fan(s), W/D Hookup, Granite Counters, Guest Quarters, Pantry, Walk In Closet, Hot Tub, Central Vacuum, Garage Door Opener, Game Room, Heated Garage
  • Legal Lot Block: Subdivision: TILLOTSON S/D (DGO) Block: 0 Lot: 1 TILLOTSON SUB
  • List Price per Sq Ft: 540.54
  • Lot Size Acreage: .25-.5
  • Parcel Id Number: 566517400012
  • Price Per Sq Ft: 490.17
  • Property Description: Borders Public Land
  • Real Estate Included: Yes
  • Residence Stories: Two Story
  • Residence Style: Ranch, Ranch Basement
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Brick, Wood
  • Sold Price Sq Ft: 490.17
  • Street Descriptionaccess: City/Town, Paved
  • Waterfront Type: River
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Additional Living Type: Basement apt
  • Internet Service: Yes
  • Total Taxes Dollar: 2,347.00
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Island, Kitchen/Dining, Eat-in Kitchen, Separate Dining
  • Dining Room: Yes
  • Bedrooms: 4
  • Flooring: Hardwood, Tile
  • Estimated Total Sq Ft: 4070
  • Full Bathrooms: 3
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 4
  • Family Room: Yes
  • Basement Finished Sq Ft: 2035
  • Fireplace Location Type: Gas Logs, Den/Family Room
  • Foundation: Basement-walk out, Basement-finished
  • Great Room: Yes
  • Main Level Sq Ft: 2035
  • Master Bedrm Dimensions: 17.5' X 13.5'
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Construction Type: Wood Frame
  • Exterior Structures: Garage
  • Roof: Metal
  • Views: Mountains, Stream/River
  • Waterfront: Yes

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Electric, Natural Gas, Internet
  • Cooling: Central A/C
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Heating System: Forced Air, Fireplace
  • Laundry Util Dimensions: 11' X 9'
  • Sewer Supplier: City of Durango
  • Water Heater: Electric Water Heater
  • Water Supplier: City of Durango

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Dec 2, 2020
Sold by
Larkin John Edward and Larkin Cheryl Renea
Bought by
Rife Frank N and Frnak N Rife Rev Tr
Seller's Agent
Justin Osborn
The Wells Group of Durango, LLC
Buyer's Agent
Chelsea Krueger
The Wells Group of Durango, LLC
List Price
$2,200,000
Sold Price
$1,995,000
Premium/Discount to List
-$205,000
-9.32%
Current Estimated Value
$1,606,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$388,500
Original Mortgage
$1,496,250
Outstanding Balance
$1,324,105
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 24, 2020
Closed on
Nov 19, 2020
Sold by
Railroa Durango and Railroa Silberton
Bought by
Larkin John Edward and Larkin Cheryl Renea
Seller's Agent
Justin Osborn
The Wells Group of Durango, LLC
Buyer's Agent
Chelsea Krueger
The Wells Group of Durango, LLC
List Price
$2,200,000
Sold Price
$1,995,000
Premium/Discount to List
-$205,000
-9.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,496,250
Outstanding Balance
$1,324,105
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2016
Sold by
Stout Stephen and Stout Julia
Bought by
Larkin John Edward and Larkin Cheryl Renea

Purchase Details

Closed on
Jun 5, 2000
Bought by
Larkin John Edward and Larkin Cheryl Renea
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Rife Frank N $1,995,000 Title Durango Llc
Larkin John Edward $10,500 None Available
Larkin John Edward $880,000 Land Title
Larkin John Edward $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rife Frank N $1,496,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2020 12/07/20 Sold $1,995,000 -9.3% $490 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $2,200,000 -- $541 / 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
2020 $2,454 $63,820 $13,940 $49,880
2019 -- $63,820 $13,940 $49,880
2018 -- $54,850 $13,230 $41,620
2017 -- $54,850 $13,230 $41,620
2016 -- $55,510 $12,640 $42,870
2015 -- $55,510 $12,640 $42,870
2014 -- $48,290 $12,140 $36,150
2013 -- $48,290 $12,140 $36,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 774865

Colorado Real Estate Network (CREN)

APN: R009959