NOT LISTED FOR SALE

375 Nusbaum Rd Durango, CO 81301

Estimated Value: $1,018,000 - $1,285,000

4 Beds
3 Baths
3,372 Sq Ft
$350/Sq Ft Est. Value

Last Sold December 12, 2023

Last sale price $1,125,000 $334 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,377/month

13 Days on Market

Highlights

  • RV or Boat Parking
  • Solar Power System
  • Deck
  • Durango High School Rated A-
  • Mountain View
  • Wood Burning Stove

About This Home

As of December 2023

3300+ sq ft custom timber-frame home on 3 acres in the pines, bordering public land, less than 8 miles to downtown Durango. No Homeowners Association. 9.9 KW 30 panel solar system keeps energy bills low. Permanent recorded view corridor ensures no homes will ever be built in the valley view to the southwest. Get your outdoor recreation exercise from the stone lined walkways around the property, the natural games trails on the BLM land to the west, or the regulation size tennis court that could double as pickle ball courts. Between the oversized 2 car garage and the pole barn, you'll not lack storage for your vehicles and toys. Features of this gorgeous home include vaulted tongue & groove ceilings, exposed beams, hardwood floors, a beautiful kitchen with knotty cherry cabinets & 2 separate granite covered islands, along with 3 different stoves (wood, pellet & gas). Located at 7600' elevation with a paved driveway and good southern exposure. Annual taxes are $3,886.32. Be sure to check out the 3D floorplan in the virtual tour field and note the two separate private wings this home offers. Master suite, with a huge walk-in closet, is on one wing, and the 2 bedrooms, full bathroom, and private sitting area with passive solar windows is on the other wing. For the wildlife lovers, deer & turkey are frequently seen on the property, with elk passing through in the Fall & Spring.

Last Agent to Sell the Property

Justin Osborn

The Wells Group of Durango, LLC Listed on: 10/15/2023

Last Buyer's Agent

Heather Espeland

Heather Espeland, Independent Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,886

Year Built

  • Built in 1977

Lot Details

  • 3

Home Design

  • Post and Beam
  • Raised Ranch Architecture
  • Architectural Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 3,372 Sq Ft Home
  • 2-Story Property
  • Tongue and Groove Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Free Standing Fireplace
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Window Treatments
  • Formal Dining Room
  • Den with Fireplace
  • Game Room
  • Mountain Views
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • RV or Boat Parking

Eco-Friendly Details

  • Solar Power System
  • Solar Heating System

Schools

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

Utilities

  • Heating System Uses Propane
  • Heating System Uses Wood
  • Pellet Stove burns compressed wood to generate heat
  • Heating System Powered By Leased Propane
  • Baseboard Heating
  • Well
  • Gas Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Internet Available
  • Phone Available

Additional Features

  • Deck
  • 3 Acre Lot

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 567107102004

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,886

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Appliance Inclusions: Refrigerator, Dishwasher, Microwave, Range/Oven
  • Estimated Total Acres: 3
  • Class: RESIDENTIAL
  • Em Deposit: 25,000
  • Em Holder: Title Durango
  • Exterior Inclusions: Deck
  • Interior Inclusions: Wood Stove, Pellet Stove, Window Coverings, Ceiling Fan(s), W/D Hookup, Vaulted Ceiling, Granite Counters, Pantry, T&G Ceilings, Walk In Closet, Garage Door Opener, Game Room
  • Legal Lot Block: Subdivision: FLORIDA PINES S/D Block: 0 Lot: 7 FLORIDA PINES SUB 375 NUSBAUM RD DURANGO 81301
  • Lot Dimension: See map
  • Lot Size Acreage: 2-4.99
  • Parcel Id Number: 567107102004
  • Price Per Sq Ft: 333.63
  • Property Description: Borders Public Land
  • Real Estate Included: Yes
  • Residence Stories: Two Story
  • Residence Style: Raised Ranch
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Wood
  • Sold Price Sq Ft: 333.63
  • Street Descriptionaccess: Gravel, Public Winter Maintenance
  • Street Designation: Road
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: 3886.32
  • Year Built: 1977
  • Foreign Owned Y N: No
  • Prop Description Remarks: 3300+ sq ft custom timber-frame home on 3 acres in the pines, bordering public land, less than 8 miles to downtown Durango. No Homeowners Association. 9.9 KW 30 panel solar system keeps energy bills low. Permanent recorded view corridor ensures no homes will ever be built in the valley view to the southwest. Get your outdoor recreation exercise from the stone lined walkways around the property, the natural games trails on the BLM land to the west, or the regulation size tennis court that could double as pickle ball courts. Between the oversized 2 car garage and the pole barn, you'll not lack storage for your vehicles and toys. Features of this gorgeous home include vaulted tongue & groove ceilings, exposed beams, hardwood floors, a beautiful kitchen with knotty cherry cabinets & 2 separate granite covered islands, along with 3 different stoves (wood, pellet & gas). Located at 7600' elevation with a paved driveway and good southern exposure. Annual taxes are $3,886.32. Be sure to check out the 3D floorplan in the virtual tour field and note the two separate private wings this home offers. Master suite, with a huge walk-in closet, is on one wing, and the 2 bedrooms, full bathroom, and private sitting area with passive solar windows is on the other wing. For the wildlife lovers, deer & turkey are frequently seen on the property, with elk passing through in the Fall & Spring.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Island, Kitchen/Dining, Separate Dining
  • Bedrooms: 4
  • Flooring: Tile, Carpet-Partial, Hardwood, Slate
  • Estimated Total Sq Ft: 3372
  • Full Bathrooms: 3
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 3
  • Fireplace Location Type: Pellet, Woodstove, Den/Family Room, Free Standing, Gas Logs, Glass Doors
  • Foundation: Crawl Space
  • Total Office Den: 0

Exterior Features

  • Construction Type: Wood Frame, Post & Beam
  • Exterior Structures: RV/Boat Shelter
  • Roof: Architectural Shingles
  • Views: Mountains

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Electric, Phone - Landline, Propane-Tank Leased, Solar, Internet - DSL, Phone - Cell Reception
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Heating System: Wood Stove, Pellet Stove, Electric Baseboard, Fireplace
  • Sewer Supplier: Septic
  • Water Heater: Gas Water Heater
  • Water Supplier: Community Well
  • Water Well: Yes
  • Well Permit Number: 26313-F

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
Oct 15, 2023
Closed on
Dec 12, 2023
Sold by
Mcguinness Daniel B and Mcguinness Erin Sue
Bought by
Sisneros Property Holdings Llc
Seller's Agent
Justin Osborn
The Wells Group of Durango, LLC
Buyer's Agent
Heather Espeland
Heather Espeland, Independent Broker
List Price
$1,150,000
Sold Price
$1,125,000
Premium/Discount to List
-$25,000
-2.17%
Views
21
Current Estimated Value
$1,164,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,855
Avg. Annual Appreciation
2.29%
Original Mortgage
$900,000
Outstanding Balance
$595,556
Interest Rate
7.79%
Mortgage Type
Construction
Estimated Equity
$585,012

Purchase Details

Closed on
Oct 8, 2020
Sold by
Mcguinness Daniel B and Jameson Erin Sue
Bought by
Mcguinness Daniel B and Mcguinness Erin Sue

Purchase Details

Closed on
Mar 24, 2016
Sold by
Downs David L and Downs Julia K
Bought by
Mcguinness Daniel B and Jameson Erin Sue

Purchase Details

Closed on
Feb 10, 2011
Sold by
Downs David Layne and Downs Julia Kristin
Bought by
Downs David Layne and Downs Julia Kristin

Purchase Details

Closed on
Sep 21, 2010
Sold by
Downs David Layne and Downs Julia Kristin
Bought by
Downs David Layne and Downs Julia Kristin

Purchase Details

Closed on
Jan 5, 1996
Bought by
Mcguinness Daniel B and Jameson Erin Sue
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Sisneros Property Holdings Llc $1,125,000 None Listed On Document
Mcguinness Daniel B -- Colorado Ttl & Closing Svcs
Mcguinness Daniel B $575,000 Land Title
Downs David Layne -- None Available
Downs David Layne -- None Available
Mcguinness Daniel B $237,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sisneros Property Holdings Llc $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2023 12/12/23 Sold $1,125,000 -2.2% $334 / Sq Ft
10/28/2023 10/28/23 Pending -- -- --
10/15/2023 10/15/23 For Sale $1,150,000 -- $341 / 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 $3,937 $70,990 $7,690 $63,300
2024 $3,501 $58,940 $6,330 $52,610
2023 $3,501 $62,220 $6,680 $55,540
2022 $3,033 $64,950 $6,970 $57,980
2021 $3,073 $49,960 $5,260 $44,700
2020 $2,553 $42,350 $5,070 $37,280
2019 $2,482 $42,350 $5,070 $37,280
2018 $2,463 $42,060 $4,820 $37,240
2017 $2,430 $42,060 $4,820 $37,240
2016 $1,933 $24,070 $5,750 $18,320
2015 $1,271 $24,070 $5,750 $18,320
2014 -- $23,470 $5,860 $17,610
2013 -- $23,470 $5,860 $17,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 808727

Colorado Real Estate Network (CREN)

APN: R005627