NOT LISTED FOR SALE

343 E 8th Ave Unit 4 Durango, CO 81301

So Co Neighborhood

Estimated Value: $250,868 - $300,000

1 Bed
1 Bath
436 Sq Ft
$165/mo HOA Fee

Last Sold June 09, 2021

Last sale price $205,000 $470 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,773/month

15 Days on Market

Highlights

  • 1-Story Property
  • Park Elementary School Rated A-
  • 3-minute walk to Horse Gulch Trail Head

About This Home

As of June 2021

Low HOAs and the least expensive unit available in downtown Durango! Lower level, adorable one bedroom condo that comes with 2 parking spaces. It doesnt get any easier and it doesnt get any less expensive than this unit situated among the best of Durango's downtown: enjoy Horse Gulch Trail access across the street, coffee shops, natural foods stores, restaurants and the college all nearby. Perfect for an easy to rent investment or a first time buyer trying to get into the Durango market. The Soco Condos offer tenants a large and updated laundry room, central green park area, and tons of off street parking. This unit is assigned two spots. The complex is cleverly tucked back off of East 8th Avenue, with fencing and mature landscaping to create a tranquil space away from the noise of downtown. The unit itself offers 1 nicely sized bedroom with large closet, a full bathroom, and good size living room that opens to the full size kitchen. Flooring has been replaced for easy maintenance. Dont miss out on the chance to get into Durango's downtown market at a price that cant be beat.

Last Listed By

Judi Mora

RE/MAX Pinnacle Listed on: 04/10/2021

RE/MAX Pinnacle

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $390

Year Built

  • Built in 1991 | Remodeled in 2018

HOA Fees

  • $165 Monthly HOA Fees

Interior Spaces

  • 436 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

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

Utilities

  • Internet Available

Community Details

  • Soco Condo Associatiohn HOA

Listing and Financial Details

  • Assessor Parcel Number 566529413017

Property Details

Home Type

Condominium

Est. Annual Taxes

$390

Year Built

Built in 1991 | Remodeled in 2018

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Class: RESIDENTIAL
  • Em Deposit: 5000
  • Em Holder: Land Title
  • Fronts: 8th Avenue
  • Legal Lot Block: Subdivision: SOCO CONDOMINIUMS Unit: 4 DESC: BUILDING A 343 E 8TH AVE #4 DURANGO 81301
  • List Price per Sq Ft: 493.12
  • Parcel Id Number: 566529413017
  • Price Per Sq Ft: 470.18
  • Property Attached: Yes
  • Real Estate Included: Yes
  • Realist Id: 5665-294-13-017
  • Residence Stories: One Story
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 470.18
  • Street Designation: Avenue
  • Tax Account Id: R427825
  • Type: Condo
  • Hoa Dogs Allowed: Yes-w/restrictions
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Provider: Charter Spectrum
  • Internet Service: Yes
  • Total Taxes Dollar: 390
  • Year Built: 1991
  • Year Renovated: 2018
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 17

Interior Features

  • Bedrooms: 1
  • Estimated Total Sq Ft: 436
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Office Den: 0

Utilities

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

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 165
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: Soco Condo Associatiohn

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: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2021
Closed on
Jun 8, 2021
Sold by
Pace Joseph L and Pace Stephanie M
Bought by
Wa Conejo Llc
Seller's Agent
Judi Mora
RE/MAX Pinnacle
Buyer's Agent
Craig Kamps
RE/MAX Pinnacle
List Price
$215,000
Sold Price
$205,000
Premium/Discount to List
-$10,000
-4.65%
Total Days on Market
15
Current Estimated Value
$283,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,717
Avg. Annual Appreciation
8.14%
Original Mortgage
$154,000
Outstanding Balance
$142,131
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$136,453

Purchase Details

Closed on
May 26, 2017
Sold by
Streck James H and Streck Shelley A
Bought by
Pace Joseph L and Pace Stephanie M

Purchase Details

Closed on
Aug 15, 2005
Sold by
Leigh Kuleana Inc
Bought by
Streck James H and Streck Shelley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,425
Interest Rate
5.61%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Wa Conejo Llc $205,000 Land Title Guarantee Co
Pace Joseph L $128,500 Colorado Title
Streck James H $109,900 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wa Conejo Llc $50,000
Open Wa Conejo Llc $154,000
Previous Owner Streck James H $82,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2021 06/09/21 Sold $205,000 -4.7% $470 / Sq Ft
04/25/2021 04/25/21 Pending -- -- --
04/10/2021 04/10/21 For Sale $215,000 -- $493 / 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 $423 $10,530 -- $10,530
2023 $423 $13,330 $0 $13,330
2022 $464 $14,740 $0 $14,740
2021 $466 $11,740 $0 $11,740
2020 $390 $10,150 $0 $10,150
2019 $373 $10,150 $0 $10,150
2018 $312 $8,590 $0 $8,590
2017 $305 $8,590 $0 $8,590
2016 $286 $8,780 $0 $8,780
2015 $110 $8,780 $0 $8,780
2014 $110 $6,910 $0 $6,910
2013 -- $6,910 $0 $6,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 780563

Colorado Real Estate Network (CREN)

APN: R427825