NOT LISTED FOR SALE

315 E 8th Ave Unit 202 Durango, CO 81301

So Co Neighborhood

Estimated Value: $348,295 - $386,000

1 Bed
1.5 Baths
709 Sq Ft
$240/mo HOA Fee

Last Sold April 17, 2024

Last sale price $345,000 $487 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,323/month

Highlights

  • Forced Air Heating and Cooling System
  • Park Elementary School Rated A-
  • 3-minute walk to Horse Gulch Trail Head

About This Home

As of April 2024

Unbeatable location, perfect for a primary residence, second home, or investment. This condo is conveniently located minutes from the Horse Gulch trailhead, Santa Rita park, Fort Lewis College, and all that downtown Durango has to offer. This one bedroom condo is light and bright with south facing exposure and lots of windows. The unit has extra insulation to assist with sound reduction and AC for the warmer summer months. Recently painted with small upgrades/repairs made, this home is truly move in ready. Enjoy the convenience of a covered parking space in the shared basement garage.

Last Listed By

Malia Bowkett

Destination DRO Real Estate Group, LLC Listed on: 02/23/2024

Destination DRO Real Estate Group, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $647

Year Built

  • Built in 2006

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 1 Carport Space

Interior Spaces

  • 709 Sq Ft Home
  • 2-Story Property

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Schools

  • Park K-5 Elementary School
  • Escalante 6-8 Middle School
  • Durango 9-12 High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Internet Available

Community Details

  • Association fees include building maintenance, insurance, trash, water, snow removal
  • 8Th Ave Lofts HOA
  • 8Th Ave Lofts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 566529413028

Property Details

Home Type

Condominium

Est. Annual Taxes

$647

Year Built

Built in 2006

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • Appliance Inclusions: Dishwasher, Washer, Dryer, Disposal, Microwave, Exhaust Fan
  • Class: RESIDENTIAL
  • Em Deposit: 5000
  • Em Holder: Title Company
  • Legal Lot Block: Legal Summary Subdivision: 8TH AVENUE LOFTS Unit: 2 DESC: AKA UNIT 202 315 E 8TH AVE #202 DURANGO 81301 Parcel Number 5665-294-13-028
  • Parcel Id Number: 566529413028
  • Price Per Sq Ft: 486.6
  • Real Estate Included: Yes
  • Realist Id: 5665-294-13-028
  • Residence Stories: Two Story
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 486.6
  • Street Designation: Avenue
  • Zoning: Residential Single Family
  • Type: Condo
  • Hoa Dogs Allowed: Yes-w/restrictions
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: 647.48
  • Year Built: 2006
  • Foreign Owned Y N: No
  • Prop Description Remarks: Unbeatable location, perfect for a primary residence, second home, or investment. This condo is conveniently located minutes from the Horse Gulch trailhead, Santa Rita park, Fort Lewis College, and all that downtown Durango has to offer. This one bedroom condo is light and bright with south facing exposure and lots of windows. The unit has extra insulation to assist with sound reduction and AC for the warmer summer months. Recently painted with small upgrades/repairs made, this home is truly move in ready. Enjoy the convenience of a covered parking space in the shared basement garage.
  • Subdv Name: 8th Ave Lofts
  • Unit Suite Number: 202
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 19

Interior Features

  • Bedrooms: 1
  • Estimated Total Sq Ft: 709
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 1
  • Bathrooms Three Quarters: 0
  • Master Bedroom Level: Upper Level
  • Total Office Den: 0

Garage/Parking

  • Carport: Yes
  • Carport Spaces: 1

Utilities

  • Cooling: Central A/C
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Heating System: Forced Air
  • Sewer Supplier: City of Durango
  • Water Supplier: City of Durango

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Building Maintenance, Insurance, Trash, Water, Snow Removal
  • Hoametro Fees: 240
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: 8th Ave Lofts HOA

Schools

  • Elementary School: Park K-5
  • Middle School: Escalante 6-8
  • High School: Durango 9-12
  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Park K-5
  • Middle School: Escalante 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Apr 17, 2024
Sold by
8Th Street Lofts Llc
Bought by
Grossi Jacob and Brooks Zelda
Seller's Agent
Malia Bowkett
Destination DRO Real Estate Group, LLC
Buyer's Agent
Savanah Glynn
Blackmore Group
List Price
$349,000
Sold Price
$345,000
Premium/Discount to List
-$4,000
-1.15%
Total Days on Market
0
Views
17
Current Estimated Value
$366,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,074
Avg. Annual Appreciation
7.34%
Original Mortgage
$240,000
Outstanding Balance
$237,505
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$134,147

Purchase Details

Closed on
Jul 7, 2006
Sold by
315 Llc
Bought by
Wiles Blair and Malazzo Thomas

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Grossi Jacob $345,000 None Listed On Document
Wiles Blair $199,900 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grossi Jacob $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2024 04/17/24 Sold $345,000 -1.1% $487 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $349,000 -- $492 / 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
2024 $647 $16,110 -- $16,110
2023 $647 $18,970 $0 $18,970
2022 $677 $20,530 $0 $20,530
2021 $2,517 $63,410 $0 $63,410
2020 $2,519 $65,520 $0 $65,520
2019 $2,409 $65,520 $0 $65,520
2018 $2,261 $62,250 $0 $62,250
2017 $2,211 $62,250 $0 $62,250
2016 $2,079 $63,770 $0 $63,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 811020

Colorado Real Estate Network (CREN)

APN: R428968