NOT LISTED FOR SALE

425 Hollow Ridge Rd Durango, CO 81301

Estimated Value: $747,000 - $1,041,000

3 Beds
3 Baths
5,240 Sq Ft
$168/Sq Ft Est. Value

Last Sold March 10, 2023

Last sale price $705,000 $135 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,902/month

167 Days on Market

Highlights

  • Horses Allowed On Property
  • Greenhouse
  • Deck
  • Durango High School Rated A-
  • Mountain View
  • Radiant Floor

About This Home

As of March 2023

HUGE square footage on an easy lot close to town - what more could you ask for? The upstairs features a large great room space with vaulted ceilings and plenty of windows to let in natural light. The kitchen offers plenty of cabinet and counter space and flows in to the bright dining area. The primary bedroom is an ideal space for retreating with ample room for large furniture, a 5 piece bathroom with a steam shower, and a spacious closet. The split floor plan has the two bedrooms on the other side of the upper level, both with large closets, and they share the hall bathroom. The laundry room with additional storage is right off of the kitchen and leads to the back yard. Access to the huge 3 car garage with extra storage is found off of the upper level as well. Head down the stairs to the finished basement with even more well thought out space. Two more living spaces, one with a built-in bar area, create a wonderful den and game room. There are two additional rooms that may add sleeping space, or perfect for an office and library with the built-in bookshelves. A big bathroom with extra closet space serves this area. There is an enormous storage room in the basement as well, you won't run out of places for all of your belongings! There is an exterior door leading to a dedicated parking area for the basement. A greenhouse and two small outbuildings round out the property, and the easy flow of the land provides endless options. If you are looking for a BIG home, you won't want to miss this one!

Last Agent to Sell the Property

Deven Meininger

The Wells Group of Durango, LLC Listed on: 08/11/2022

Last Buyer's Agent

Lauren Ammerman

The Wells Group of Durango, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,646

Year Built

  • Built in 1996

Lot Details

  • 8.61

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Metal Roof
  • Stick Built Home

Interior Spaces

  • 5,240 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Mountain Views
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Greenhouse
  • Shed

Schools

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

Utilities

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

Additional Features

  • 8.61 Acre Lot
  • Horses Allowed On Property

Community Details

  • Association fees include road maintenance
  • Mountain Valley Ranch HOA

Listing and Financial Details

  • Assessor Parcel Number 567304400036

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,646

Year Built

Built in 1996

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer
  • Estimated Total Acres: 8.61
  • Class: RESIDENTIAL
  • Em Deposit: 10000
  • Em Holder: Colorado Title
  • Exterior Inclusions: Deck
  • Interior Inclusions: Ceiling Fan(s), Jetted Tub, Walk In Closet
  • Legal Lot Block: SUBDIVISION: MOUNTAIN VALLEY RANCH LOT: 21 PROJ 90-10 #690590 425 HOLLOW RIDGE RD DURANGO 81301
  • List Price per Sq Ft: 147.9
  • Livestock Allowed: Horses
  • Lot Size Acreage: 5-9.99
  • Parcel Id Number: 567304400036
  • Price Per Sq Ft: 134.54
  • Real Estate Included: Yes
  • Realist Id: 5673-044-00-036
  • Residence Stories: Two Story
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 134.54
  • Street Descriptionaccess: Private, Dirt
  • Street Designation: Road
  • Tax Account Id: R418811
  • Zoning: Residential Single Family
  • Type: Stick Built
  • HOA Fees: Yes
  • Internet Provider: AlignTec
  • Internet Service: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 1646.04
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Kitchen/Dining
  • Bedrooms: 3
  • Flooring: Carpet-Partial, Tile
  • Estimated Total Sq Ft: 5240
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 3
  • Foundation: Basement-walk out, Basement-finished
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Exterior Structures: Greenhouse, Shed
  • Roof: Metal
  • Views: Mountains

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 3

Utilities

  • Utilities: Electric, Propane-Tank Leased, Internet
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Heating System: Floor Radiant
  • Sewer Supplier: Septic
  • Water Heater: Propane Water Heater
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 53958-F

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Road Maintenance
  • Hoametro Fees: 100
  • HOA Metro Fees Frequency: Quarterly
  • Hoa Name: Mountain Valley Ranch

Schools

  • Elementary School: Florida Mesa 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: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Mar 7, 2023
Sold by
Orbison Guy W
Bought by
Brown Andrew Blake and Mitchell Allison Marie
Seller's Agent
Deven Meininger
The Wells Group of Durango, LLC
Buyer's Agent
Lauren Ammerman
The Wells Group of Durango, LLC
List Price
$1,000,000
Sold Price
$705,000
Premium/Discount to List
-$295,000
-29.5%
Views
125
Current Estimated Value
$880,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,794
Avg. Annual Appreciation
8.98%
Original Mortgage
$500,000
Outstanding Balance
$481,270
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$399,524

Purchase Details

Closed on
Mar 21, 1996
Bought by
Orbison Guy W and Orbison Mary E
Source: Public Records

Range of Values:

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Average Value
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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
Brown Andrew Blake $705,000 Colorado Title & Closing Servi
Orbison Guy W $42,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Andrew Blake $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2023 03/10/23 Sold $705,000 -9.0% $135 / Sq Ft
01/25/2023 01/25/23 Pending -- -- --
01/03/2023 01/03/23 Price Changed $775,000 -3.0% $148 / Sq Ft
12/07/2022 12/07/22 Price Changed $799,000 -6.0% $152 / Sq Ft
11/10/2022 11/10/22 Price Changed $850,000 -5.0% $162 / Sq Ft
10/24/2022 10/24/22 Price Changed $895,000 -8.2% $171 / Sq Ft
10/02/2022 10/02/22 Price Changed $975,000 -2.5% $186 / Sq Ft
08/11/2022 08/11/22 For Sale $1,000,000 -- $191 / 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 $2,169 $50,000 $10,800 $39,200
2024 $1,352 $44,520 $9,130 $35,390
2023 $1,352 $42,220 $9,750 $32,470
2022 $1,391 $44,420 $10,260 $34,160
2021 $1,399 $41,110 $9,010 $32,100
2020 $1,252 $38,480 $8,580 $29,900
2019 $1,200 $38,480 $8,580 $29,900
2018 $1,108 $36,170 $8,290 $27,880
2017 $1,085 $36,170 $8,290 $27,880
2016 $1,008 $37,160 $8,500 $28,660
2015 $1,207 $37,160 $8,500 $28,660
2014 -- $33,980 $8,500 $25,480
2013 -- $33,980 $8,500 $25,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 797264

Colorado Real Estate Network (CREN)

APN: R418811