NOT LISTED FOR SALE

360 North Rd Durango, CO 81303

Estimated Value: $1,921,000 - $2,027,000

3 Beds
4 Baths
4,633 Sq Ft
$429/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $2,100,000 $453 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $10,754/month

10 Days on Market

Highlights

  • Horses Allowed On Property
  • Greenhouse
  • In Ground Pool
  • Durango High School Rated A-
  • Indoor Spa
  • RV or Boat Parking

About This Home

As of May 2023

Welcome to Ponderosa Pines, a gated piece of paradise with magnificent views of the La Plata Mountains! This custom built 4 bedroom 4 bath home is nestled on 16 acres of towering pine trees, does not have an HOA, and is less than 15 minutes from downtown Durango. Not included in the square footage for this listing is a gorgeous 2-bedroom 1 bath recently remodeled guest quarters above the garage which is perfect for guests to have their own private space. There is a fenced and irrigated garden, a garden shed and greenhouse, a 2-stall barn and tack room, 2 pastures with electric fencing, a spectacular in-ground swimming pool surrounded by a lovely stone deck, a new hot tub, and a tree house that features architectural elements from the original homestead that graced this property. The car enthusiast will love the 2 car attached garage and the 60'x30' 3 car detached garage/workshop with an RV bay and a separate room that the current owners use as a large home gym. The massive back deck is the perfect place to relax with your morning coffee, to host cookouts, or to enjoy the incredible mountain views and dark sky for stargazing. The property has a long circular paved driveway and there are hiking trails throughout. There is central water and an additional paid water tap and electrical box in case you want to build a 2nd home on the property. The main level of this magnificent home has an open living/dining/kitchen design with a wall of windows and french doors that brings the outdoors in. There is a soaring vaulted tongue and groove ceiling and a cozy double-sided fireplace between the kitchen/dining area and the family room. The great room also features a wood stove. The gourmet kitchen boasts exquisite custom built cabinetry, granite and butcher block countertops, a large center island with a 5 burner Wolf range, a double oven and warming drawer, copper bar sink, and an oversized farm sink. The main level also has 2 half baths, a large laundry room, and brand new cabinetry in a chef’s dream butler’s pantry. The entire upper level is a master suite with vaulted tongue and groove ceiling, captivating mountain views, a gas fireplace, beautiful wood floors, a private bath with a large tiled shower and Jacuzzi tub, and his and her closets. There are 3 additional bedrooms on the ground level, one of which the owners use as a game room (the pool table is included in the sale!), and french doors leading to the covered patio and fenced in backyard. There is a full bath on this level with a steam shower and soaking tub, as well as plumbing in a large linen closet that can easily be converted to another full bathroom on this level. The home has an abundance of storage space throughout. This home truly is the perfect balance of all the modern conveniences while retaining its rustic mountain style.

Last Agent to Sell the Property

Katri Annast

RE/MAX Pinnacle Listed on: 03/09/2023

RE/MAX Pinnacle

Co-Listed By

Mary Rigby

RE/MAX Pinnacle

Last Buyer's Agent

Abbi Munn

The Wells Group of Durango, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,438

Year Built

  • Built in 2001

Lot Details

  • 15.99 Acre Lot
  • Cul-De-Sac
  • Split Rail Fence
  • Partially Fenced Property
  • Electric Fence
  • Landscaped
  • Sprinkler System
  • Cleared Lot
  • Wooded Lot

Property Views

  • Lake
  • Mountain
  • Valley

Home Design

  • Metal Roof
  • Wood Siding
  • Cedar Siding
  • Stick Built Home

Interior Spaces

  • 2-Story Property
  • Tongue and Groove Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Free Standing Fireplace
  • Double Pane Windows
  • Window Treatments
  • Wood Frame Window
  • Mud Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Den with Fireplace
  • Indoor Spa
  • Home Gym
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Double Convection Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Compactor
  • Disposal

Flooring

  • Wood
  • Radiant Floor
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • In-Law or Guest Suite
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Crawl Space

Parking

  • 5 Car Detached Garage
  • Garage Apartment
  • Garage Door Opener
  • RV or Boat Parking

Outdoor Features

  • In Ground Pool
  • Deck
  • Covered Patio or Porch
  • Greenhouse
  • Separate Outdoor Workshop
  • Shed
  • Play Equipment

Schools

  • Fort Lewis Mesa K-5 Elementary School
  • Escalante 6-8 Middle School
  • Durango 9-12 High School

Utilities

  • Hot Water Baseboard Heater
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Irrigation Water Rights
  • Cistern
  • Well
  • Propane Water Heater
  • Septic Tank
  • Septic System
  • Internet Available
  • Satellite Dish

Additional Features

  • Accessory Dwelling Unit (ADU)
  • 2 Irrigated Acres
  • Horses Allowed On Property

Community Details

  • Rafter J Subdivision
  • Foothills

Listing and Financial Details

  • Assessor Parcel Number 566128405031

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,438

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Additional Living Quarters: Yes
  • Appliance Inclusions: Compactor, Range Top, Refrigerator, Washer, Oven-Convection, Oven-Wall, Dishwasher, Disposal, Double Oven, Dryer, Microwave
  • Estimated Irrigation Acres: 2
  • Estimated Total Acres: 15.992
  • Class: RESIDENTIAL
  • Em Deposit: 100,000.00
  • Em Holder: CTS
  • Exterior Inclusions: Deck, RV Hook Up/Pad, Satellite Dish, Shed/Storage, Covered Porch, Hot Tub, Landscaping, Lawn Sprinklers, Patio
  • Horse Setup: Yes
  • Interior Inclusions: Wood Stove, Window Coverings, Ceiling Fan(s), W/D Hookup, Vaulted Ceiling, Granite Counters, Guest Quarters, Jetted Tub, Pantry, Security System, T&G Ceilings, Walk In Closet, Hot Tub, Garage Door Opener, Fitness Room, Mud Room
  • Legal Lot Block: Subdivision: RAFTER J OPEN A Lot: 1-A GALLAGHER MES TR 45 PROJ 96-156 #792910 9-18-00 AND Subdivision: RAFTER J OPEN A Lot: 3-A GALLAGHER MES TR 45 PROJ 96-156 #792910 9-18-00
  • Livestock Allowed: Horses, Poultry
  • Lot Size Acreage: 10 - 19.99
  • Parcel Id Number: 566128405031
  • Price Per Sq Ft: 453.27
  • Property Description: Foothills, Wooded Lot, Cleared, Cul-de-sac, Boundaries Marked
  • Real Estate Included: Yes
  • Residence Stories: Two Story
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Wood, Cedar
  • Sold Price Sq Ft: 453.27
  • Street Descriptionaccess: Private, Cul-de-Sac, Private Winter Maintenanc
  • Street Designation: Road
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Additional Living Type: Garage apt
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: 6437.72
  • Year Built: 2001
  • Foreign Owned Y N: No
  • Prop Description Remarks: Welcome to Ponderosa Pines, a gated piece of paradise with magnificent views of the La Plata Mountains! This custom built 4 bedroom 4 bath home is nestled on 16 acres of towering pine trees, does not have an HOA, and is less than 15 minutes from downtown Durango. Not included in the square footage for this listing is a gorgeous 2-bedroom 1 bath recently remodeled guest quarters above the garage which is perfect for guests to have their own private space. There is a fenced and irrigated garden, a garden shed and greenhouse, a 2-stall barn and tack room, 2 pastures with electric fencing, a spectacular in-ground swimming pool surrounded by a lovely stone deck, a new hot tub, and a tree house that features architectural elements from the original homestead that graced this property. The car enthusiast will love the 2 car attached garage and the 60'x30' 3 car detached garage/workshop with an RV bay and a separate room that the current owners use as a large home gym. The massive back deck is the perfect place to relax with your morning coffee, to host cookouts, or to enjoy the incredible mountain views and dark sky for stargazing. The property has a long circular paved driveway and there are hiking trails throughout. There is central water and an additional paid water tap and electrical box in case you want to build a 2nd home on the property. The main level of this magnificent home has an open living/dining/kitchen design with a wall of windows and french doors that brings the outdoors in. There is a soaring vaulted tongue and groove ceiling and a cozy double-sided fireplace between the kitchen/dining area and the family room. The great room also features a wood stove. The gourmet kitchen boasts exquisite custom built cabinetry, granite and butcher block countertops, a large center island with a 5 burner Wolf range, a double oven and warming drawer, copper bar sink, and an oversized farm sink. The main level also has 2 half baths, a large laundry room, and brand new cabinetry in a chef’s dream butler’s pantry. The entire upper level is a master suite with vaulted tongue and groove ceiling, captivating mountain views, a gas fireplace, beautiful wood floors, a private bath with a large tiled shower and Jacuzzi tub, and his and her closets. There are 3 additional bedrooms on the ground level, one of which the owners use as a game room (the pool table is included in the sale!), and french doors leading to the covered patio and fenced in backyard. There is a full bath on this level with a steam shower and soaking tub, as well as plumbing in a large linen closet that can easily be converted to another full bathroom on this level. The home has an abundance of storage space throughout. This home truly is the perfect balance of all the modern conveniences while retaining its rustic mountain style.
  • Subdv Name: Rafter J
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Eat-in Kitchen, Island, Kitchen Bar, Kitchen/Dining
  • Bedrooms: 3
  • Flooring: Tile, Vinyl, Hardwood
  • Estimated Total Sq Ft: 4633
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 4
  • Fireplace Location Type: Living Room, Woodstove, Bedroom, Den/Family Room, Free Standing
  • Foundation: Basement-walk out, Basement-finished, Crawl Space
  • Lower Level Sq Ft: 1277
  • Main Level Sq Ft: 2064
  • Master Bedroom Level: Upper Level
  • Total Office Den: 0
  • Upper Level Sq Ft: 1292

Exterior Features

  • Fence: Split Rail, Electric, Partial Property
  • Windows: Wood, Double Pane
  • Construction Type: Wood Frame
  • Exterior Structures: Shed, Workshop, Garage, Greenhouse, Play House
  • Pool: In-Ground
  • Roof: Metal
  • Views: Lake/Pond/Reservoir, Mountains, Valley

Garage/Parking

  • Garage: Yes
  • Garage Capacity: 5

Utilities

  • Utilities: Electric, Propane-Tank Leased, Internet, Phone - Cell Reception
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Ferrellgas
  • Heating System: Hot Water Baseboard, Wood Stove, Floor Radiant
  • Irrigation Water Description Amount: Well Water
  • Irrigation Water District: Well Water
  • Sewer Supplier: Septic
  • Water Heater: Propane Water Heater
  • Water Rights Irrigation: Yes
  • Water Supplier: Lake Durango Water Authority
  • Water Well: Yes
  • Well Permit Number: 127153

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

MLS Schools

  • Elementary School: Fort Lewis Mesa K-5
  • Middle School: Escalante 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
May 8, 2023
Sold by
Allen Michael D
Bought by
Michael D Allen Revocable Trust
Seller's Agent
Katri Annast
RE/MAX Pinnacle
Buyer's Agent
Abbi Munn
The Wells Group of Durango, LLC
List Price
$2,300,000
Sold Price
$2,100,000
Premium/Discount to List
-$200,000
-8.7%
Views
129
Current Estimated Value
$1,988,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$111,359
Avg. Annual Appreciation
-2.02%
Original Mortgage
$17,404,171
Outstanding Balance
$16,922,870
Interest Rate
6.42%
Mortgage Type
VA
Estimated Equity
-$14,934,229

Purchase Details

Listed on
Mar 9, 2023
Closed on
May 5, 2023
Sold by
Smith David C
Bought by
Allen Michael D and Allen Gabriele T
Seller's Agent
Katri Annast
RE/MAX Pinnacle
Buyer's Agent
Abbi Munn
The Wells Group of Durango, LLC
List Price
$2,300,000
Sold Price
$2,100,000
Premium/Discount to List
-$200,000
-8.7%
Views
129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,404,171
Outstanding Balance
$16,922,870
Interest Rate
6.42%
Mortgage Type
VA
Estimated Equity
-$14,934,229

Purchase Details

Listed on
Jan 4, 2021
Closed on
Jun 24, 2021
Sold by
Sattler Audrey A
Bought by
Smith David C and Smith Leslie Jana
Seller's Agent
Cassie Baier
R1 Colorado
Buyer's Agent
Katri Annast
RE/MAX Pinnacle
List Price
$1,399,000
Sold Price
$1,409,000
Premium/Discount to List
$10,000
0.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.93%
Original Mortgage
$900,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2020
Sold by
Rowan Richard J and Rowan Karen A
Bought by
Sattler Audrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2000
Bought by
Rowan Richard J and Rowan Karen A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Purchase History

Date Buyer Sale Price Title Company
Michael D Allen Revocable Trust -- Colorado Title & Closing Servi
Allen Michael D $1,805,000 None Listed On Document
Smith David C $1,409,000 Land Title Guarantee
Sattler Audrey A $1,195,000 T Title
Rowan Richard J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Michael D $17,404,171
Previous Owner Smith David C $900,000
Previous Owner Sattler Audrey A $438,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2023 05/05/23 Sold $2,100,000 -8.7% $453 / Sq Ft
03/19/2023 03/19/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $2,300,000 +63.2% $496 / Sq Ft
06/24/2021 06/24/21 Sold $1,409,000 +0.7% $304 / Sq Ft View Prior Sale
03/27/2021 03/27/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $1,399,000 -- $302 / 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
2025 $4,256 $103,650 $19,800 $83,850
2024 $3,644 $86,800 $16,510 $70,290
2023 $3,644 $90,350 $17,190 $73,160
2022 $4,013 $93,860 $17,850 $76,010
2021 $4,034 $97,250 $14,080 $83,170
2020 $3,314 $89,500 $14,080 $75,420
2019 $3,176 $89,500 $14,080 $75,420
2018 $3,083 $80,020 $14,180 $65,840
2017 $3,018 $80,020 $14,180 $65,840
2016 $2,790 $80,190 $16,490 $63,700
2015 $2,625 $80,190 $16,490 $63,700
2014 -- $67,410 $16,490 $50,920
2013 -- $67,410 $16,490 $50,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 801469

Colorado Real Estate Network (CREN)

APN: R422452