NOT LISTED FOR SALE

306 Colonial Dr Durango, CO 81303

Estimated Value: $1,369,553 - $1,446,000

5 Beds
4 Baths
4,445 Sq Ft
$316/Sq Ft Est. Value

Last Sold February 17, 2021

Last sale price $975,000 $219 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $7,445/month

56 Days on Market

Highlights

  • Accessory Dwelling Unit (ADU)
  • Horses Allowed On Property
  • Mountain View
  • Durango High School Rated A-
  • RV or Boat Parking
  • Den with Fireplace

About This Home

As of February 2021

WOW!!! This home borders the amazing Shenandoah subdivision yet is not a part of the association therefore does not fall under the rules and regulations of the subdivision. The 3 bedroom 3 bath, 3821 square foot main house boasts a fully remodeled kitchen with high end granite countertops, all new top of the line stainless steel appliances and 6 burner professional gas range top. The 9.5 acres has wonderful views of the La Plata Mountains and is elegantly placed within a mature grove of Ponderosa pines. After the home was built it was featured in Log Home Decor magazine and Neiman Marcus catalog. The gracious entry leads you into the main living area that is filled with natural ligh tfrom the custom half-rounds high above the numerous windows and French doors that lead to a wraparound deck. A sunny and bright, Saltillo tiled dining room adjoins the living room; a perfect place to entertain your friends. The vaulted beam ceilings in the living and dining rooms plus the massive, moss rock double-sided fireplace create a wonderful blend of natural elements. One side of the fireplace warms the living area, the other side makes the open breakfast and kitchen areas cozy and warm. The kitchen has new custom hickory woodwork including a center cooking island with breakfast bar, a floor-to-ceiling wall of cabinetry that features a new wet bar, wine rack, plenty of storage, and built-in GE Monogram appliances. On the main level, you'll find two bedrooms including the master bedroom. The master features a Southwest Kiva fireplace as well as French doors out to your own private deck. The master bath showcases a custom, variegated full granite wall and black granite counters for double sinks and the bath surround. A stained glass window frames the view from inside the deep, circular whirlpool tub. Aglass walled enclosure contains a digitally thermostatic steam shower with a bench. The entire bathroom is heated by an electric radiant heat system beneath the tile flooring. A generously large walk-in closet adjoins. The spacious upstairs bedroom allows for many options however you may want to use it, and has its own full bathroom as well as two large storage areas, plus an office/game room (climbing wall). The extended length garage has newer insulated doors and is 753 sq ft allowing for ample work area and storage. The home has excellent southern exposure With an existing 11kw Solar Array with 40 panels (roughly $40,000 value). Across the drive from the main house sits the "L'Amour Cottage" a cozy624 sq ft, 2 bedroom, 1 bath guest house with its own tiny kitchen and Lopi wood burning stove, as well as conventional baseboard heat inevery room. The property is not under any HOA covenants.

Last Agent to Sell the Property

Jason McMillen

Coldwell Banker Mountain Properties Listed on: 10/19/2020

Coldwell Banker Mountain Properties

Last Buyer's Agent

Sebastian Hartley

Keller Williams Realty Southwest Associates, LLC

Keller Williams Realty Southwest Associates, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,100

Year Built

  • Built in 1985 | Remodeled in 2014

Lot Details

  • 9.5 Acre Lot
  • Wooded Lot

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding
  • Stick Built Home

Interior Spaces

  • 4,445 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Combination Kitchen and Dining Room
  • Den with Fireplace
  • Mountain Views
  • Partially Finished Basement

Kitchen

  • Breakfast Bar
  • Oven or Range

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Parking

  • 2 Car Attached Garage
  • 1 Carport Space
  • RV or Boat Parking

Schools

  • Fort Lewis Mesa K-5 Elementary School
  • Escalante 6-8 Middle School
  • Durango 9-12 High School

Farming

  • Pasture
  • Sheep or Goats

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Septic Tank
  • Internet Available

Additional Features

  • Accessory Dwelling Unit (ADU)
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 566305100116

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,100

Year Built

Built in 1985 | Remodeled in 2014

Lot Details

9.5 Acres

Listing Details

  • Additional Living Quarters: Yes
  • Appliance Inclusions: Range/Oven, Refrigerator
  • Estimated Total Acres: 9.5
  • Class: RESIDENTIAL
  • Em Deposit: 15,000
  • Em Holder: CBHH
  • Legal Lot Block: Tract: 2 CAT 1 PROJ 84-87 306 COLONIAL DR
  • List Price per Sq Ft: 242.97
  • Livestock Allowed: Horses, Poultry, Sheep
  • Lot Dimension: 9.5
  • Lot Size Acreage: 5-9.99
  • Parcel Id Number: 566305100116
  • Price Per Sq Ft: 219.35
  • Property Description: Pasture, Wooded Lot
  • Real Estate Included: Yes
  • Residence Stories: Two Story
  • Residence Style: Log
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Log
  • Sold Price Sq Ft: 219.35
  • Street Descriptionaccess: Paved
  • Street Designation: Drive
  • Tax Account Id: 5663-051-00-116
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Additional Living Type: Guest Home
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: 2100
  • Year Built: 1985
  • Year Renovated: 2014
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Island, Kitchen Bar, Kitchen/Dining
  • Bedrooms: 5
  • Flooring: Carpet-Partial, Hardwood, Tile
  • Estimated Total Sq Ft: 4445
  • Full Bathrooms: 3
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 4
  • Fireplace Location Type: Gas Logs, Den/Family Room
  • Foundation: Basement-partial finish
  • Master Bedroom Level: Main Level

Exterior Features

  • Construction Type: Log, Wood
  • Exterior Structures: Guest House
  • Roof: Metal
  • Views: Mountains

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Carport: Yes
  • Carport Spaces: 1
  • Garage Capacity: 2

Utilities

  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Heating System: Forced Air
  • Sewer Supplier: Septic
  • Water Supplier: Lake Durango Water Authority

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

MLS Schools

  • Elementary School: Fort Lewis Mesa K-5
  • Middle School: Escalante 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2020
Closed on
Feb 17, 2021
Sold by
Hutt Frederick and Hutt Jenna
Bought by
Sutton James D and Sutton Ashley N
Seller's Agent
Jason McMillen
Coldwell Banker Mountain Properties
Buyer's Agent
Sebastian Hartley
Keller Williams Realty Southwest Associates, LLC
List Price
$1,080,000
Sold Price
$975,000
Premium/Discount to List
-$105,000
-9.72%
Current Estimated Value
$1,405,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,888
Avg. Annual Appreciation
7.61%
Original Mortgage
$788,000
Outstanding Balance
$704,169
Interest Rate
2.65%
Mortgage Type
VA
Estimated Equity
$701,719

Purchase Details

Closed on
Dec 21, 2017
Sold by
Reynolds Dwight C and Reynolds Barbara P
Bought by
Hutt Frederick and Hutt Jenna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,100
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2015
Sold by
Mary L Loeser Trust and Loeser Robert L
Bought by
Reynolds Dwight C and Reynolds Barbara P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2012
Sold by
Loeser Mary L
Bought by
Mary L Loeser Trust and Loeser Mary L
Source: Public Records

Range of Values:

--
Value Increase
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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
Sutton James D $975,427 T Title Durango
Hutt Frederick $734,000 Land Title Guarantee Co
Reynolds Dwight C $680,000 Stewart Title
Mary L Loeser Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sutton James D $788,000
Previous Owner Hutt Frederick $424,100
Previous Owner Reynolds Dwight C $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2021 03/01/21 Off Market $975,000 -- --
02/17/2021 02/17/21 Sold $975,000 -9.7% $219 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
10/30/2020 10/30/20 For Sale $1,080,000 0.0% $243 / Sq Ft
10/22/2020 10/22/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $1,080,000 -- $243 / 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 $2,433 $60,810 $80 $60,730
2024 $2,695 $49,610 $50 $49,560
2023 $2,695 $67,520 $15,330 $52,190
2022 $2,410 $70,410 $15,990 $54,420
2021 $2,422 $58,390 $14,120 $44,270
2020 $2,191 $54,460 $12,870 $41,590
2019 $2,100 $54,460 $12,870 $41,590
2018 $2,069 $53,710 $16,560 $37,150
2017 $2,026 $53,710 $16,560 $37,150
2016 $1,979 $60,430 $17,310 $43,120
2015 $1,978 $60,430 $17,310 $43,120
2014 $1,869 $54,990 $24,050 $30,940
2013 -- $54,990 $24,050 $30,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 775707

Colorado Real Estate Network (CREN)

APN: R021752

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