NOT LISTED FOR SALE

Estimated Value: $501,000 - $719,000

2 Beds
1 Bath
874 Sq Ft
$710/Sq Ft Est. Value

Last Sold September 07, 2022

Last sale price $360,000 $412 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,596/month

138 Days on Market

About This Home

As of September 2022

Rare historic Durango downtown opportunity! This would be great for an investor or someone who wants to do a remodel and enjoy the living on quiet side of E 3rd Ave or fix and flip or even convert into a great rental property. Built in 1898, this home conveniently sits on a 3,198 sf corner lot and is within easy access of downtown Durango and Fort Lewis College. The property is being offered "as is", and has an endless potential. Design and build your home with an ADU/garage in the heart of Durango. SELLER FINANCING IS AVAILABLE! Act fast before this rare find gets away!

Last Agent to Sell the Property

Aliya Musser

Keller Williams Realty Southwest Associates, LLC Listed on: 04/05/2022

Keller Williams Realty Southwest Associates, LLC

Last Buyer's Agent

Thad Trujillo

The Wells Group of Durango, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $899

Year Built

  • Built in 1898

Lot Details

  • 3,180 Sq Ft Lot

Home Design

  • Victorian Architecture
  • Bungalow
  • Asphalt Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 874 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 566529314019

Home Details

Home Type

Single Family

Est. Annual Taxes

$899

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Estimated Total Acres: 0.073
  • Class: RESIDENTIAL
  • Em Deposit: 8000
  • Em Holder: Title Company
  • Legal Lot Block: SECTION: 29 TOWNSHIP: 35 RANGE: 9 TR IN PORTION LOTS 25 & 26 BLK 13 MOUNTAIN VIEW ADD PER DQT RCPT #1175779 404 E 3RD AVE DURANGO 81301
  • List Price per Sq Ft: 513.73
  • Lot Dimension: 3198
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 566529314019
  • Price Per Sq Ft: 411.9
  • Real Estate Included: Yes
  • Realist Id: 5665-293-14-019
  • Residence Stories: 1.5 Story
  • Residence Style: Victorian, Bungalow
  • Sale/Rent: For Sale
  • Siding: Stucco
  • Sold Price Sq Ft: 411.9
  • Street Descriptionaccess: City/Town, Paved
  • Street Designation: Avenue
  • Tax Account Id: R437943
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Service Avail: Yes
  • Total Taxes Dollar: $899.80
  • Year Built: 1898
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 18

Interior Features

  • Bedrooms: 2
  • Estimated Total Sq Ft: 874
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1

Exterior Features

  • Roof: Asphalt

Utilities

  • Utilities: Electric, Natural Gas, Internet, Phone - Cell Reception
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Sewer Supplier: City of Durango
  • Water Heater: Gas Water Heater
  • Water Supplier: City of Durango

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: 2021

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 5, 2022
Closed on
Sep 7, 2022
Sold by
Alpha Omega Properties And Investments L
Bought by
Grinde John A and Grinde Bailey A
Seller's Agent
Aliya Musser
Keller Williams Realty Southwest Associates, LLC
Buyer's Agent
Thad Trujillo
The Wells Group of Durango, LLC
List Price
$449,000
Sold Price
$360,000
Premium/Discount to List
-$89,000
-19.82%
Current Estimated Value
$620,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,504
Avg. Annual Appreciation
21.05%

Purchase Details

Closed on
Sep 12, 2018
Sold by
Albo Lorenzo M and Barry Rudolph V
Bought by
Alpha Omega Properties And Investments L

Purchase Details

Closed on
Dec 3, 2012
Sold by
Albo Joe Pete and Albo Elvena
Bought by
Albo Lorenzo M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,426
Interest Rate
3.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 18, 2008
Sold by
Albo Elvena M and Albo Pete
Bought by
Albo Elvena M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Grinde John A $360,000 --
Alpha Omega Properties And Investments L $225,000 None Available
Albo Lorenzo M -- None Available
Albo Elvena M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grinde John A $300,000
Previous Owner Albo Joe Pete $38,426
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2022 09/07/22 Sold $360,000 -19.8% $412 / Sq Ft
08/21/2022 08/21/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $449,000 -- $514 / 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 $2,026 $51,310 $13,400 $37,910
2024 $768 $42,890 $9,980 $32,910
2023 $768 $47,130 $10,840 $36,290
2022 $896 $23,640 $11,240 $12,400
2021 $0 $22,670 $9,680 $12,990
2020 $0 $21,780 $9,580 $12,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 791989

Colorado Real Estate Network (CREN)

APN: R437943