NOT LISTED FOR SALE

371 Elk Ln Durango, CO 81301

Estimated Value: $367,000 - $526,000

1 Bed
1 Bath
1,054 Sq Ft
$423/Sq Ft Est. Value

Last Sold May 21, 2024

Last sale price $405,000 $384 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,435/month

18 Days on Market

Highlights

  • Near a National Forest
  • Deck
  • Contemporary Architecture
  • Durango High School Rated A-
  • Wood Burning Stove
  • Living Room with Fireplace

About This Home

As of May 2024

This cozy 1-bed, 1-bath custom home sits nestled on 1.3 acres of pristine forest, offering tranquility and privacy. With trails right outside the back door, it’s perfect for nature lovers and outdoor enthusiasts. The home features a thoughtfully designed layout, blending modern comfort with rustic charm. Enjoy the serene surroundings from the deck or explore the lush greenery and wildlife on your own private trails. This well-insulated workshop provides the ideal space for creativity and productivity. Featuring top-quality insulation, it maintains comfortable temperatures year-round, ensuring you can work comfortably regardless of the weather outside.

Last Agent to Sell the Property

Maggy Isiordia

RE/MAX Pinnacle Listed on: 04/08/2024

RE/MAX Pinnacle

Co-Listed By

Olivia Barrett

RE/MAX Pinnacle

Last Buyer's Agent

Maggy Isiordia

RE/MAX Pinnacle Listed on: 04/08/2024

RE/MAX Pinnacle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $569

Year Built

  • Built in 2005

Lot Details

  • 1.3 Acre Lot
  • Corner Lot

HOA Fees

  • $62 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Cabin
  • Stick Built Home

Interior Spaces

  • 1.5-Story Property
  • Wood Burning Stove
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Shed

Schools

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

Utilities

  • Heating System Powered By Leased Propane
  • Well
  • Septic Tank
  • Septic System
  • Internet Available

Community Details

  • Aspen Trails Metro District HOA
  • Aspen Trails 3 Subdivision
  • Near a National Forest

Listing and Financial Details

  • Assessor Parcel Number 559525101021

Home Details

Home Type

Single Family

Est. Annual Taxes

$569

Year Built

Built in 2005

Lot Details

1.3 Acres

HOA Fees

$62 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer
  • Estimated Total Acres: 1.3
  • Class: RESIDENTIAL
  • Em Deposit: 7,000
  • Em Holder: Colorado Title & Closing
  • Exterior Inclusions: Shed/Storage, Deck
  • Legal Lot Block: Subdivision: ASPEN TRAILS #3 Lot: 9 ASPEN TRAILS SUB #3
  • Lot Size Acreage: 1-1.99
  • Parcel Id Number: 559525101021
  • Price Per Sq Ft: 384.25
  • Property Description: Corner, Borders National Forest
  • Real Estate Included: Yes
  • Residence Stories: 1.5 Story
  • Residence Style: Contemporary, Cabin
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 384.25
  • Street Descriptionaccess: Dirt
  • Street Designation: Lane
  • Tax Account Id: R000255
  • Type: Stick Built
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Service: Yes
  • Total Taxes Dollar: 569.40
  • Year Built: 2005
  • Foreign Owned Y N: No
  • Prop Description Remarks: This cozy 1-bed, 1-bath custom home sits nestled on 1.3 acres of pristine forest, offering tranquility and privacy. With trails right outside the back door, it’s perfect for nature lovers and outdoor enthusiasts. The home features a thoughtfully designed layout, blending modern comfort with rustic charm. Enjoy the serene surroundings from the deck or explore the lush greenery and wildlife on your own private trails. This well-insulated workshop provides the ideal space for creativity and productivity. Featuring top-quality insulation, it maintains comfortable temperatures year-round, ensuring you can work comfortably regardless of the weather outside.
  • Subdv Name: Aspen Trails 3
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 18

Interior Features

  • Bedrooms: 1
  • Estimated Total Sq Ft: 1054
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Fireplace Location Type: Living Room, Woodstove
  • Main Level Sq Ft: 538
  • Total Office Den: 0
  • Upper Level Sq Ft: 301

Exterior Features

  • Exterior Structures: Shed, Workshop

Utilities

  • Utilities: Electric, Propane-Tank Leased, Internet
  • Electric Supplier: La Plata Electric Association
  • Sewer Supplier: Septic
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 263120

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 740
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: Aspen Trails Metro District

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2024
Closed on
May 21, 2024
Sold by
Chesser Tessa R
Bought by
Walker Francine and Walker Bryan
Seller's Agent
Maggy Isiordia
RE/MAX Pinnacle
Buyer's Agent
Maggy Isiordia
RE/MAX Pinnacle
List Price
$409,999
Sold Price
$405,000
Premium/Discount to List
-$4,999
-1.22%
Views
27
Current Estimated Value
$445,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,330
Avg. Annual Appreciation
5.38%
Original Mortgage
$303,750
Outstanding Balance
$299,442
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$145,888

Purchase Details

Listed on
Jun 16, 2023
Closed on
Aug 18, 2023
Sold by
Carabbia James
Bought by
Chesser Tessa R
Seller's Agent
Heather Erb
Destination DRO Real Estate Group, LLC
Buyer's Agent
Maggy Isiordia
RE/MAX Pinnacle
List Price
$429,900
Sold Price
$390,000
Premium/Discount to List
-$39,900
-9.28%
Views
201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.09%
Original Mortgage
$300,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2003
Bought by
Carabbia James
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Walker Francine $405,000 None Listed On Document
Chesser Tessa R $390,000 None Listed On Document
Carabbia James $21,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Francine $303,750
Previous Owner Chesser Tessa R $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/21/2024 05/21/24 Sold $405,000 -1.2% $384 / Sq Ft
04/26/2024 04/26/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $409,999 0.0% $389 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
04/08/2024 04/08/24 For Sale $409,999 +5.1% $389 / Sq Ft
08/18/2023 08/18/23 Sold $390,000 -2.5% $370 / Sq Ft View Prior Sale
07/10/2023 07/10/23 Pending -- -- --
07/05/2023 07/05/23 Price Changed $399,900 -2.4% $379 / Sq Ft
06/26/2023 06/26/23 Price Changed $409,900 -4.7% $389 / Sq Ft
06/16/2023 06/16/23 For Sale $429,900 -- $408 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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 $674 $16,600 $4,950 $11,650
2024 $569 $11,260 $3,230 $8,030
2023 $569 $14,940 $4,280 $10,660
2022 $663 $15,490 $4,440 $11,050
2021 $672 $11,940 $3,910 $8,030
2020 $693 $12,560 $3,620 $8,940
2019 $670 $12,560 $3,620 $8,940
2018 $613 $11,440 $3,580 $7,860
2017 $605 $11,440 $3,580 $7,860
2016 $613 $11,800 $4,050 $7,750
2015 $590 $11,800 $4,050 $7,750
2014 -- $11,680 $4,140 $7,540
2013 -- $11,680 $4,140 $7,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 812353

Colorado Real Estate Network (CREN)

APN: R000255

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