NOT LISTED FOR SALE

33236 Highway 550 Durango, CO 81301

Estimated Value: $1,359,000 - $1,663,658

6 Beds
4 Baths
3,075 Sq Ft
$499/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $1,300,000 $423 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $8,248/month

About This Home

As of August 2023

Spectacular views and extraordinary irrigated land value with a primary 1.5-story main house and a 1-story guest house at "Red Ridge Ranch" awaits you, your horses, and house pets in one of the most picturesque valleys in all of the West! The North Animas Valley in Durango, Colorado, and this property are very special places with breathtaking views of the stunning red cliffs east of the Animas River Valley. The Animas River and its glacial valley floor are notable for both the serene dramatic setting of meandering glassy waters framed by lush foliage and mountainous red cliffs and in their capacity to transition your senses from the high desert of the southwest to the cool high-Alpine and rugged peaks of the San Juan Mountains. This rich pasture/hay bottomland with abundant irrigation water rights, barn/tack room, and pole barn loafing shed is the perfect setup for equestrian lovers. This property is adjacent to large acreage of deeded Conservation Easement of open irrigated pastures, scattered with grazing cattle with uninterrupted views of the valley and its lush landscape with diverse and ever-changing foliage upon Missionary Ridge in the fall are omnipresent to the experience of this residence amidst mature evergreens, apple & pear trees, and lilacs. The decks of each house face east overlooking the vast open lush valley and grazing cattle and stunning red cliffs. Enjoy the morning sun while sipping your coffee and the afternoon shade for happy hour cocktails. This property is the ultimate place for your peace and serenity, or for entertaining guests, who never want to leave and always want to come back to enjoy this spectacular property and its setting. No HOA and No Covenants. Minutes to PJ’s Gourmet Market and Animas Wine and Spirits, Trimble Hot springs resort & Spa, and Dalton Ranch Golf Course & Restaurant. Located a mere 11 miles from downtown Durango, and just 15 miles from Purgatory Ski Resort, this residence is at the epicenter of Durango adventure. Horseback/mule Riding, Mountain biking, hiking, skiing, golfing, backpacking, camping, rafting, and boating to just name a few activities you can do in the immediate vicinity of your back door. Main House 3bd/2ba 2 stories 1605 sf. Guest House 3bd/2ba 1 story 1470 sf.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Aug 31, 2023
Sold by
Bucher R J R and Bucher Susan
Bought by
Cooney Properties 4 Llc
Seller's Agent
Rob Johnston
Keller Williams Realty Southwest Associates, LLC
Buyer's Agent
Rob Littfin
Legacy Properties West Sotheby's Int. Realty
List Price
$1,300,000
Sold Price
$1,300,000
Views
80
Current Estimated Value
$1,533,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,665
Avg. Annual Appreciation
7.95%
Original Mortgage
$300,000
Interest Rate
6.06%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 12, 2003
Bought by
Bucher Rj and Bucher Susan
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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
Cooney Properties 4 Llc $1,300,000 Land Title Guarantee
Bucher Rj $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cooney Properties 4 Llc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2023 08/31/23 Sold $1,300,000 0.0% $423 / Sq Ft View Prior Sale
07/16/2023 07/16/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $1,300,000 -- $423 / Sq Ft

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
2025 $2,446 $81,690 $45,640 $36,050
2024 $1,813 $48,500 $27,240 $21,260
2023 $1,813 $51,690 $29,030 $22,660
2022 $1,579 $54,140 $30,410 $23,730
2021 $1,589 $44,200 $27,530 $16,670
2020 $1,533 $43,970 $27,030 $16,940
2019 $1,472 $43,970 $27,030 $16,940
2018 $1,444 $43,740 $26,010 $17,730
2017 $1,414 $43,740 $26,010 $17,730
2016 $1,637 $45,730 $27,570 $18,160
2015 $700 $45,730 $27,570 $18,160
2014 $700 $40,000 $24,360 $15,640
2013 -- $40,000 $24,360 $15,640
Source: Public Records

Agents Affiliated with this Home

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