Seller's Agent in 2021
Justin Osborn
The Wells Group of Durango, LLC
(970) 946-3935
342 Total Sales
28998 Highway 550 Durango, CO 81301
Estimated Value: $2,559,000 - $2,722,000
5
Beds
3.5
Baths
3,000
Sq Ft
$875/Sq Ft
Est. Value
Highlights
- Horses Allowed On Property
- Indoor Spa
- Home fronts a pond
- Durango High School Rated A-
- River Front
- RV or Boat Parking
About This Home
As of August 2021Elk Beach Ranch consists of a gorgeous income producing vacation rental in the Animas Valley with approximately 2400' of Animas River frontage, a full RV hook-up in a private setting, exceptional water rights, no covenants, no HOA and no conservation easement. Senior water rights include 4 class A shares of Animas Consolidated Ditch, along with 0.1 CFS out of the river, which provide ample water for irrigating this ranch in the fertile Animas River Valley located at 6555' elevation. Talk about location, location, location.....only 10 minutes to Durango and 20 minutes to Purgatory Ski Resort. Lots of wildlife frequent the ranch including deer, elk, and turkey. Annual taxes are just under $4,500. The home has a fabulous open floor plan, with a split bedroom set up consisting of the huge private master suite on the east side of the home and the 3 guest rooms on the west side of the home. Oversized 4 car garage is deep enough for super-crew pick up trucks with an 8' bed, as well all the toys you're going to want on this property (atv's, side-by-sides, paddleboards, kayaks, etc...). There's an amazing game room off the garage with built-in wet-bar area.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,490
Year Built
- Built in 2002 | Remodeled in 2017
Lot Details
- 31 Acre Lot
- Home fronts a pond
- River Front
- Partially Fenced Property
- Irrigation
Property Views
- Creek or Stream
- Mountain
- Valley
Home Design
- Raised Ranch Architecture
- Metal Roof
- Wood Siding
- Stone Siding
- Stick Built Home
Interior Spaces
- 3,000 Sq Ft Home
- 2-Story Property
- Elevator
- Tongue and Groove Ceiling
- Cathedral Ceiling
- Ceiling Fan
- Window Treatments
- Combination Kitchen and Dining Room
- Den with Fireplace
- Game Room
- Indoor Spa
- Finished Basement
- Walk-Out Basement
Kitchen
- Eat-In Kitchen
- Oven or Range
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Bedroom
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Parking
- 4 Car Attached Garage
- Garage Door Opener
- RV or Boat Parking
Outdoor Features
- Deck
- Shed
Schools
- Animas Valley K-5 Elementary School
- Miller 6-8 Middle School
- Durango 9-12 High School
Farming
- 20 Irrigated Acres
- Pasture
- Cattle
- Hogs
- Sheep or Goats
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Heating System Powered By Owned Propane
- Heating System Uses Propane
- Irrigation Water Rights
- Well
- Septic Tank
- Septic System
- High Speed Internet
- Internet Available
- Phone Available
Additional Features
- Property is near golf course
- Horses Allowed On Property
Listing and Financial Details
- Assessor Parcel Number 559721400011
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 13, 2021
Closed on
Aug 16, 2021
Sold by
Rncp Llc
Bought by
Fazzio Paul Isaac and Fazzio Megan Jo
Seller's Agent
Justin Osborn
The Wells Group of Durango, LLC
Buyer's Agent
Kim Rodgers
Legacy Properties West Sotheby's Int. Realty
List Price
$1,995,000
Sold Price
$1,985,000
Premium/Discount to List
-$10,000
-0.5%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$641,072
Avg. Annual Appreciation
6.27%
Original Mortgage
$1,588,000
Outstanding Balance
$1,443,984
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,182,088
Purchase Details
Closed on
Aug 7, 2013
Sold by
Peters Daniel L and Peters Jill A
Bought by
Rncp Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,412
Interest Rate
4.49%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 4, 1998
Bought by
Rncp Llc
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fazzio Paul Isaac | $1,985,000 | None Available | |
| Rncp Llc | $1,214,000 | Colorado Land Title Co Llc | |
| Rncp Llc | $190,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fazzio Paul Isaac | $1,588,000 | |
| Previous Owner | Rncp Llc | $5,412 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/16/2021 08/16/21 | Sold | $1,985,000 | -0.5% | $662 / Sq Ft |
| 05/25/2021 05/25/21 | Pending | -- | -- | -- |
| 04/13/2021 04/13/21 | For Sale | $1,995,000 | -- | $665 / Sq Ft |
Source: Colorado Real Estate Network (CREN)
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 | $6,964 | $157,240 | $69,240 | $88,000 |
| 2024 | $5,990 | $138,070 | $63,220 | $74,850 |
| 2023 | $5,990 | $142,110 | $65,070 | $77,040 |
| 2022 | $4,613 | $147,050 | $67,330 | $79,720 |
| 2021 | $4,641 | $108,220 | $60,950 | $47,270 |
| 2020 | $4,490 | $107,840 | $59,850 | $47,990 |
| 2019 | $4,310 | $107,840 | $59,850 | $47,990 |
| 2018 | $3,633 | $91,930 | $47,430 | $44,500 |
| 2017 | $3,559 | $91,930 | $47,430 | $44,500 |
| 2016 | $3,427 | $95,770 | $50,280 | $45,490 |
| 2015 | $1,469 | $95,770 | $50,280 | $45,490 |
| 2014 | $1,469 | $84,010 | $40,830 | $43,180 |
| 2013 | -- | $63,540 | $34,100 | $29,440 |
Source: Public Records
Agents Affiliated with this Home
-
Justin Osborn
-
Kim Rodgers
Buyer's Agent in 2021
Kim Rodgers
Legacy Properties West Sotheby's Int. Realty
(970) 799-4001
63 Total Sales
Map
Source: Colorado Real Estate Network (CREN)
MLS Number: 780702
APN: R001911
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