NOT LISTED FOR SALE

3500 Main Ave Durango, CO 81301

Durango Area

Estimated Value: $973,000 - $1,040,097

1.36 Acres
$737,518 Price per Acre
59,242 Sq Ft Lot

Sale Details

Date Sold: September 18, 2020

Last sale price $675,000

Est. 49% increase in value since last sale

Current estimated payment $5,593 / mo

60 Days on Market

About This Lot

As of September 2020

This is basically a commercial land listing. It's zoned for 40 units per acre and it's highest and best use is most likely high density residential development property. It does currently have a 5 unit office with a reception area, kitchen and bath (single family that has been remodeled to an office) and a rental apartment downstairs. The views are 360 and spectacular. This has been previously been looked at by local developers that thought the development would best be served by excavating the hilltop into terraced levels for houses or condos. There are many options, ranging from commercial, mixed commercial/residential, high end single family, low density residential and high density.

Last Agent to Sell the Property

Ben Stowers

Keller Williams Realty Southwest Associates, LLC Listed on: 06/13/2020

Keller Williams Realty Southwest Associates, LLC

Last Buyer's Agent

Ben Stowers

Keller Williams Realty Southwest Associates, LLC Listed on: 06/13/2020

Keller Williams Realty Southwest Associates, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,302

Lot Details

  • 1.36 Acre Lot
  • Property is zoned Business, Commercial, Residential Multi Family

Property Views

  • Mountain
  • Valley

Schools

  • Needham K-5 Elementary School
  • Miller 6-8 Middle School
  • Durango 9-12 High School

Utilities

  • Septic System

Community Details

  • Animas City Subdivision

Listing and Financial Details

  • Security Deposit $25,000
  • Assessor Parcel Number 5665171103002

Property Details

Property Type

Land

Est. Annual Taxes

$1,302

Lot Details

1.36 Acres

Listing Details

  • Class: Land
  • Em Holder: Title Durango
  • Legal Lot Block: Subdivision: ANIMAS CITY (DGO) MOUND BLK 3,S PT 4
  • Lot Dimension: irregular
  • Lot Size Acreage: 1-5 Acres
  • Parcel Id Number: 5665171103002
  • Street Designation: Avenue
  • Zoning: Business, Commercial, Residential Multi Family, Residential Single Family
  • Type: Commercial
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 1.36
  • Current Property Use: Commercial
  • Em Deposit: 25,000
  • Possible Property Use: Commercial, Residential Single Family
  • Mineral Rights: Unknown
  • Price per Sq Ft: 13.93
  • Sewer Paid: Yes
  • Sewerseptic In: Yes
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 496323.53
  • Water Tap Available: Yes
  • Water Tap Installed: Yes
  • Total Taxes Dollar: 1,302
  • Prop Description Remarks: This is basically a commercial land listing. It's zoned for 40 units per acre and it's highest and best use is most likely high density residential development property. It does currently have a 5 unit office with a reception area, kitchen and bath (single family that has been remodeled to an office) and a rental apartment downstairs. The views are 360 and spectacular. This has been previously been looked at by local developers that thought the development would best be served by excavating the hilltop into terraced levels for houses or condos. There are many options, ranging from commercial, mixed commercial/residential, high end single family, low density residential and high density.
  • Subdv Name: Animas City
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains, Valley

Utilities

  • Water Tap Paid: Yes
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Water Supplier: City Of Durango

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2019

MLS Schools

  • Elementary School: Needham K-5
  • Middle School: Miller 6-8

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2024
Sold by
Bought by
Current Estimated Value
$1,003,024

Purchase Details

Listed on
Jun 13, 2020
Closed on
Sep 17, 2020
Sold by
Bought by
Seller's Agent
Ben Stowers
Keller Williams Realty Southwest Associates, LLC
Buyer's Agent
Ben Stowers
Keller Williams Realty Southwest Associates, LLC
List Price
$825,000
Sold Price
$675,000
Premium/Discount to List
-$150,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%

Purchase Details

Closed on
Mar 14, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
0.0357%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2012
Sold by
Bought by

Purchase Details

Closed on
Sep 18, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
0.067%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
0.0622%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
0.0578%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$675,000 Title Durango
$420,000 Land Title Guarantee Company
-- None Available
-- Land Title
-- Land Title
$476,000 Land Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $315,000
Previous Owner $660,000
Previous Owner $480,000
Previous Owner $480,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/18/2020 09/18/20 Sold $675,000 -18.2% --
08/12/2020 08/12/20 Pending -- -- --
06/13/2020 06/13/20 For Sale $825,000 -- --
Source: Colorado Real Estate Network (CREN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,104 $58,590 $38,630 $19,960
2024 $1,790 $44,530 $28,800 $15,730
2023 $1,790 $47,670 $30,830 $16,840
2022 $1,441 $50,020 $32,350 $17,670
2021 $1,447 $36,460 $27,820 $8,640
2020 $1,369 $35,600 $27,470 $8,130
2019 $1,309 $35,600 $27,470 $8,130
2018 $1,230 $33,850 $26,060 $7,790
2017 $1,202 $33,850 $26,060 $7,790
2016 $1,008 $30,940 $24,870 $6,070
2015 $945 $30,940 $24,870 $6,070
2014 -- $29,520 $24,190 $5,330
2013 -- $29,520 $24,190 $5,330
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Ben Stowers

    Keller Williams Realty Southwest Associates, LLC

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 770847

Colorado Real Estate Network (CREN)

APN: R007897

Colorado La Plata County Durango 81301

3500 Main Ave, Durango, CO

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Colorado Real Estate Network (CREN) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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