NOT LISTED FOR SALE

3215 1/2 E 2nd Ave Unit 1B Mears House Durango, CO 81301

2 Beds
2 Baths
1,240 Sq Ft
$319/mo HOA Fee

Last Sold October 10, 2014

Last sale price $382,000 $308 Per Sq Ft

128 Days on Market

Highlights

  • Mountain View
  • Living Room with Fireplace
  • Formal Dining Room
  • Durango High School Rated A-
  • Granite Countertops
  • Walk-In Closet

About This Home

As of October 2014

THE UNIT: LIVE IT UP! DOWNTOWN DURANGO LOCATION, LOCATION, LOCATION! Come live the Urban Lifestyle. You can walk everywhere; the movies, Starbucks, restaurants and entertainment. Modern 2 Bedroom, 2 bath condo. Secure underground parking, 2 spaces. Gas fireplace in the living room. Kitchen has tons of storage, counterspace and pantry. Recently replaced dishwasher and refrigerator. All appliances, television, amplifier and speakers for surround sound included. Gas forced air heat with humidifier. Central Air Conditioning. There are no neighbors on the sides of this unit. Tremendous outdoor living, living room doors open to a common area patio for you to enjoy. Views of Main Street and Smelter Mountain. This is easy one level living in a maintenance free setting. The Mears house is a winning choice whether you live here full time, part time or as an investment. What a lifestyle! THE COMPLEX: The Mears house was built in 2003, complete with elevator, building security system and a climate controlled storage closet for each owner. Residents enjoy modern construction right downtown in Historic Downtown. The building was named after Otto Mears the famous toll and railroad builder of Southwest Colorado. He was forward thinking and so is this building. There are 18 residential units and approximately half of the units are owner occupied. Some rules include: rentals must be a minimum of 7 days and 2 Pets are allowed. All rules, regulations, covenants, HOA information available upon request. FINANCING: The Mears House is an easily financed. The condominium project is eligible for as little as 5% down payments for owner occupants. Investors can expect 20 to 25% down payment requirements. Call Lisa Reed S.W. Mortgage for excellent condo financing options, 970-382-9800. UTILITY MONTHLY AVERAGES: La Plata Electric $79. Atmos Natural Gas $27. Water, Sewer and Trash are provided by City of Durango and included in the HOA dues. Trash is a common dumpster. HOA DUES AND INCLUSIONS: The HOA Dues are $319 per quarter which include; water, sewer, trash, elevators, security, exterior maintenance and insurance. See budget for all expenses. Transfer fee of $2000 to HOA capital fund at closing and $100 transfer fee to AREM Management Company. All owners carry interior insurance on interior of unit, contents and liability. Currently the Exterior insurance is American Family. Agent Chris McClure 970-259-0091. It can be beneficial to match interior coverage with the exterior coverage carrier. LEASE: The unit is currently leased for $1575 + electric, gas, phone, internet and cable through August 31, 2014.

Last Listed By

Tierney Skahill

R1 Colorado Listed on: 05/22/2014

Property Details

Home Type

  • Condominium

Year Built

  • 2003

HOA Fees

  • $319 Monthly HOA Fees

Interior Spaces

  • 1,240 Sq Ft Home
  • 1-Story Property
  • Sound System
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Formal Dining Room
  • Mountain Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Basement Garage

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Association fees include building maintenance, insurance, landscaping, sewer, trash, water, snow removal
  • Mears Poa

Listing and Financial Details

  • Assessor Parcel Number 566529307019

Property Details

Home Type

Condominium

Year Built

2003

Lot Details

0

HOA Fees

$319 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave
  • Class: RESIDENTIAL
  • Elevation: 6512
  • Em Deposit: 5,000
  • Em Holder: Land Title Guarantee
  • Exterior Inclusions: Patio
  • Fronts: Downtown E 2nd Avenue
  • Interior Inclusions: Window Coverings, Wired/Cable TV, Ceiling Fan(s), W/D Hookup, Sound System, Granite Counters, Walk In Closet
  • Legal Lot Block: Mears House Condos, Unit 1D1
  • List Price per Sq Ft: 317.65
  • Parcel Id Number: 566529307019
  • Real Estate Included: Yes
  • Realist Id: 5665-293-07-019
  • Residence Stories: One Story
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 308.06
  • Street Descriptionaccess: City/Town, Paved
  • Tax Account Id: R426158
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2003

Interior Features

  • Dining Room: Kitchen/Dining, Separate Dining
  • Bedrooms: 2
  • Flooring: Carpet-Partial, Tile, Laminate
  • Estimated Total Sq Ft: 1240
  • Bathrooms Description: 5 piece master and full
  • Fireplace Location Type: Gas Logs, Glass Doors, Living Room
  • Main Level Sq Ft: 1240
  • Master Bedrm Dimensions: 16x12 Elegant and Spacious
  • Master Bedroom Level: Main Level

Exterior Features

  • Views: Mountains

Garage/Parking

  • Garage Type: Basement Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Cooling: Central A/C
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Heating System: Forced Air
  • Laundry Util Dimensions: 7x6 W/D Included

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Building Maintenance, Insurance, Landscaping, Sewer, Trash, Water, Snow Removal
  • Hoametro Fees: 319.
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: Mears POA

Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2014 10/10/14 Sold $382,000 -4.2% $308 / Sq Ft
09/27/2014 09/27/14 Pending -- -- --
05/22/2014 05/22/14 For Sale $398,800 -- $322 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 693461

Colorado Real Estate Network (CREN)