NOT LISTED FOR SALE

2970 Main Ave Durango, CO 81301

Studio
-- Bath
22,690 Sq Ft
0.94 Acre Lot

Sale Details

Date Sold: November 10, 2021

Last sale price $6,800,000 $300 Per Sq Ft

28 Days on Market

Highlights

  • Mountain View
  • Furnished
  • Carpet
  • Durango High School Rated A-
  • 1 Home Office
  • 4-minute walk to Durango Community Recreation Center

About This Home

As of November 2021

This home is located at 2970 Main Ave, Durango, CO 81301 since 20 July 2021. This property was built in 1962. 2970 Main Ave is a home located in La Plata County with nearby schools including Riverview Elementary School, Miller Middle School, and Durango High School.

Last Agent to Sell the Property

Zane Wells

Wells Group Real Estate Listed on: 07/20/2021

Co-Listed By

John Wells

Wells Group Real Estate

Last Buyer's Agent

Durango NON MEMBER

NON-MEMBER/FSBO Durango

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,728

Year Built

  • Built in 1962 | Remodeled in 2020

Lot Details

  • 40,946 Sq Ft Lot

Home Design

  • Metal Roof
  • Stucco

Interior Spaces

  • 22,690 Sq Ft Home
  • 2-Story Property
  • Furnished
  • 1 Home Office
  • Mountain Views
  • Unfinished Basement
  • Crawl Space
  • Oven or Range

Flooring

  • Carpet
  • Vinyl

Parking

  • 60 Parking Spaces
  • Paved Parking
  • Off-Street Parking
  • 19 to 30 Parking Spaces

Schools

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

Listing and Financial Details

  • The owner pays for building insurance, real estate taxes, interior maintenance, ext maintenance (bldg), site maintenance (prop), common area maintenance, janitorial, electric, gas, water/sewer, trash, snow removal
  • Assessor Parcel Number 566517412008

Community Details

Overview

  • 49 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 3 Separate Water Meters

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,728

Year Built

Built in 1962 | Remodeled in 2020

Lot Details

0.94 Acres

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator
  • Estimated Total Acres: 0.94
  • Class: Multifamily
  • Em Deposit: 100,000
  • Em Holder: Title Company
  • Fronts: Main Avenue
  • Legal Lot Block: ANIMAS CITY (DGO) Block: 25 Lot: 11 THRU:- Lot: 17 W 1/2 OF 11 THRU 15 ANIMAS CITY (DGO) Block: 25 Lot: 25 THRU:- Lot: 27 ANIMAS CITY (DGO) Block: 25 Lot: 28 THRU:- Lot: 31
  • List Price per Sq Ft: 304.1
  • Lot Size Acreage: .5 - .99
  • Parcel Id Number: 566517412008
  • Price Per Sq Ft: 299.69
  • Residence Stories: Two Story
  • Sale/Rent: For Sale
  • Siding: Stucco
  • Sold Price Sq Ft: 299.69
  • Street Descriptionaccess: City/Town
  • Street Designation: Avenue
  • Domestic Water Sewer: City Water
  • Landlord Pays: Building Insurance, Real Estate Taxes, Interior Maintenance, Ext Maintenance (Bldg), Site Maintenance (Prop), Common Area Maintenance, Janitorial, Electric, Gas, Water/Sewer, Trash, Snow Removal
  • Multi Story: Yes
  • Total Number Electric Meters: 4
  • Total Number Gas Meters: 4
  • Total Number Water Meters: 3
  • Type: Apartment Bldg.
  • Total Taxes Dollar: 5728
  • Year Built: 1962
  • Year Renovated: 2020
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 1074

Interior Features

  • Flooring: Carpet, Vinyl
  • Estimated Total Sq Ft: 22690
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Foundation: Basement-unfinished, Crawl Space
  • Total Office Den: 1

Exterior Features

  • Roof: Metal
  • Views: Mountains

Garage/Parking

  • Parking Spaces: 60
  • Parking: Off Street, Paved, 20+ Total Spaces

Utilities

  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Sewer Supplier: City of Durango
  • Water Supplier: City of Durango

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Multi Family

  • No. of Units: 49

Tax Info

  • Tax Year: 2021

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Nov 10, 2021
Sold by
Bought by
Seller's Agent
Zane Wells
Wells Group Real Estate
Buyer's Agent
Durango NON MEMBER
NON-MEMBER/FSBO Durango
List Price
$6,900,000
Sold Price
$6,800,000
Premium/Discount to List
-$100,000
-1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,914,000
Interest Rate
0.0301%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 2019
Sold by
Bought by

Purchase Details

Closed on
Jan 29, 2018
Sold by
Bought by

Purchase Details

Closed on
Sep 1, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,246,250
Interest Rate
0.0393%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 3, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$905,218
Interest Rate
0.0578%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$6,800,000 Land Title Guarantee Co
-- None Available
-- None Available
$2,750,000 None Available
$1,800,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $4,914,000
Closed $2,246,250
Closed $905,218
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/10/2021 11/10/21 Sold $6,800,000 -1.4% $300 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $6,900,000 -- $304 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,936 $112,100 $16,370 $95,730
2024 $4,703 $117,010 $17,010 $100,000
2023 $4,703 $120,850 $17,570 $103,280
2022 $1,330 $122,500 $17,810 $104,690
2021 $1,470 $37,040 $15,130 $21,910
2020 $5,269 $130,270 $61,350 $68,920
2019 $5,051 $130,270 $61,350 $68,920
2018 $4,721 $123,180 $58,430 $64,750
2017 $4,621 $123,180 $58,430 $64,750
2016 $3,895 $112,580 $55,510 $57,070
2015 -- $112,580 $55,510 $57,070
2014 $3,773 $111,680 $54,860 $56,820
2013 -- $22,210 $0 $22,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 784841

Colorado Real Estate Network (CREN)

APN: 5665-174-12-008

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