NOT LISTED FOR SALE

28678 Highway 550 Durango, CO 81301

Estimated Value: $1,632,000 - $1,890,000

4 Beds
3.5 Baths
2,887 Sq Ft
$589/Sq Ft Est. Value

Last Sold April 05, 2021

Last sale price $1,115,000 $386 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $8,796/month

5 Days on Market

Highlights

  • Barn
  • Horses Allowed On Property
  • Lake View
  • Durango High School Rated A-
  • River Front
  • 22.5 Acre Lot

About This Home

As of April 2021

If you have been searching for riverfront property, phenomenal views, and plenty of space to call home, then look no further. Encompassing the east side of the parcel is 1,250 feet of the beautiful Animas River that provides exceptional fishing access year round, a private sandy beach, and an abundance of wildlife. The prestigious Animas Valley is known for its agricultural lands and expansive elk herds which this property has both. The land includes surface irrigation water rights through the Animas Consolidated Ditch Company which may yield several hundred bales of hay or provide the opportunity for its new owner to create self-sustainability if they want their own private garden, grow an orchard, raise horses/livestock, or any other agricultural endeavor. The home has a spacious floor plan for family, with nicely sized bedrooms and bathrooms. There is a large, two-bay garage attached to the home and a remodeled 3,000 square foot traditional barn that has three additional garage bays, a space for a workshop or storage, and a second level with two decks ready to be finished out for a yoga studio, mother-in-law suite, office... you name it. There are no HOA restrictions or covenants. This beautiful property is ready for the next owner to turn it into an exquisite equestrian estate, orchard, or landscape to your heart's desire. This is the most affordable riverfront acreage with a nice modular home in the north valley!

Last Agent to Sell the Property

Keith Mazur

Blackmore Group Listed on: 02/01/2021

Co-Listed By

Ashley Blackmore

Blackmore Group

Last Buyer's Agent

Sebastian Hartley

Keller Williams Realty Southwest Associates, LLC

Keller Williams Realty Southwest Associates, LLC

Property Details

Home Type

  • Modular Prefabricated Home

Year Built

  • Built in 2012

Lot Details

  • 22.5 Acre Lot
  • River Front
  • Irrigation

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Creek or Stream
  • Mountain
  • Valley

Home Design

  • Concrete Foundation
  • Permanent Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,887 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Partially Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Farming

  • Barn
  • 10 Irrigated Acres
  • Pasture
  • Cattle

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Forced Air Heating System
  • Pellet Stove burns compressed wood to generate heat
  • Heating System Uses Wood
  • Heating System Powered By Owned Propane
  • Heating System Uses Propane
  • Irrigation Water Rights
  • Well
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 559721400017

Property Details

Home Type

Modular Prefabricated Home

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave
  • Estimated Irrigation Acres: 10
  • Estimated Total Acres: 22.5
  • Class: RESIDENTIAL
  • Em Deposit: 25000
  • Em Holder: Title Company
  • Exterior Inclusions: Irrigation Water, Deck, Covered Porch
  • Legal Lot Block: TRACT: 4 CAT 1 PROJ 85-121 28678 N US HWY 550 DURANGO 81301
  • List Price per Sq Ft: 398.34
  • Livestock Allowed: Cattle, Horses, Poultry
  • Lot Size Acreage: 20-35
  • Parcel Id Number: 559721400017
  • Price Per Sq Ft: 386.21
  • Property Description: Pasture
  • Real Estate Included: Yes
  • Residence Stories: Two Story
  • Sale/Rent: For Sale
  • Siding: Wood
  • Sold Price Sq Ft: 386.21
  • Tax Account Id: R022753
  • Waterfront Type: River
  • Zoning: Agriculture, Residential Single Family
  • Type: Modular
  • Internet Provider: Charter
  • Internet Service: Yes
  • Total Taxes Dollar: $2,223
  • Year Built: 2012
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 19

Interior Features

  • Bedrooms: 4
  • Flooring: Carpet-Partial, Hardwood, Tile
  • Estimated Total Sq Ft: 2887
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 4
  • Fireplace Location Type: Living Room, Pellet
  • Foundation: Basement-partial finish, Concrete, Permanent
  • Total Office Den: 0

Exterior Features

  • Windows: Double Pane
  • Construction Type: Wood Frame
  • Exterior Structures: Barn
  • Roof: Composition
  • Views: Mountains, Valley, Stream/River, Lake/Pond/Reservoir
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Utilities: Electric, Propane-Tank Owned, Internet, Internet - DSL, Phone - Cell Reception
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Basin Co-Op
  • Heating System: Forced Air
  • Irrigation Water Description Amount: 6
  • Irrigation Water District: Animas Consolidated Ditch
  • Sewer Supplier: Septic
  • Water Rights Irrigation: Yes
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 246525

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2013
Sold by
Rivera Gilbert D and Rivera Gilbert D
Bought by
Rivera Gilbert D and Sasser Shanna R
Current Estimated Value
$1,652,544

Purchase Details

Closed on
Oct 20, 2010
Sold by
Rivera Gilbert D
Bought by
Rivera Gilbert D and Rivera Gilbert D

Purchase Details

Closed on
Dec 15, 2009
Sold by
Goodwin Teresa M and Newberry Stan C
Bought by
Rivera Gilbert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,600
Outstanding Balance
$77,883
Interest Rate
5.01%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,622,944

Purchase Details

Closed on
Oct 30, 1998
Bought by
Rivera Gilbert D and Sasser Shanna R
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
Rivera Gilbert D -- None Available
Rivera Gilbert D -- None Available
Rivera Gilbert D $388,000 Colorado Land Title Co
Rivera Gilbert D $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Gilbert D $271,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2021 04/05/21 Sold $1,115,000 -3.0% $386 / Sq Ft
02/06/2021 02/06/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $1,150,000 -- $398 / 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 $2,582 $76,010 $4,200 $71,810
2024 $2,221 $51,200 $4,230 $46,970
2023 $2,221 $54,360 $4,230 $50,130
2022 $3,112 $56,770 $4,230 $52,540
2021 $3,131 $73,000 $34,230 $38,770
2020 $3,035 $72,890 $33,610 $39,280
2019 $2,913 $72,890 $33,610 $39,280
2018 $2,269 $57,430 $26,640 $30,790
2017 $2,223 $57,430 $26,640 $30,790
2016 $2,140 $59,810 $28,240 $31,570
2015 $1,824 $59,800 $28,990 $30,810
2014 $1,824 $52,160 $25,410 $26,750
2013 -- $52,160 $25,410 $26,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 778246

Colorado Real Estate Network (CREN)

APN: R022753