NOT LISTED FOR SALE

425 Sunset Ln Durango, CO 81301

Estimated Value: $898,000 - $1,486,000

2 Beds
2.5 Baths
2,473 Sq Ft
$512/Sq Ft Est. Value

Last Sold October 28, 2020

Last sale price $965,000 $390 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,965/month

9 Days on Market

Highlights

  • Horses Allowed On Property
  • 18.5 Acre Lot
  • Fireplace in Bedroom
  • Indoor Spa
  • Mountain View
  • Cathedral Ceiling

About This Home

As of October 2020

ELK RIDGE offers a mountain-style home on 18.5 acres that BORDERS PUBLIC LAND with gated privacy and amazing outdoor entertaining spaces in the Sweetwater Springs subdivision only 13 miles to Durango and 11 miles to Bayfield. Rolling hills scattered with Oak Brush, Pines and Aspen Groves surround 8,000 ft. meadow at end-of-road privacy with VIEWS of ridgelines and mountains. ONLY 5 miles to the stunning mountain lake of Lemon Reservoir and 10 miles to Vallecito for summer and winter recreation. Enjoy wrap around deck from upstairs master bedroom with fireplace, tongue-groove ceiling, and custom walk-in closet. 24 X 26 BONUS room off living/dining room has sunken hot tub and 3 walls of windows with two sliding open to the front deck (48x14 ft.) and back patio with fireplace and BBQ kitchen that includes gas grill, burners, prep/serving island, refrigerator, and electricity. Sliding walls have custom canvas outdoor curtains that are included. Another patio has built in stacked stone seating and fire pit to take in the views of the secluded ridgeline above. 2-car garage with carriage-style garage doors has epoxy floor, extra refrigerator and storage cabinets. Detached shed houses 500ga and 1,000ga propane tanks, plus separate tractor shed. Lots of extra features in this home like back-up auxiliary generator wired to the home, sprinkler drip system servicing landscaping around home, flood lights, security system, heated roof snow melt system valued at $40,000 at time of installation and 24 foot heated "ski mat" for deck. Seller uses Verizon HOTSPOT for internet access to run his business remotely. Neighborhood has AlignTec and Direct. Seller has DISH-TV for television. 2-bar cell signal available with AT&T. Plenty of wildlife: bears, mountain lions, porcupine, linx, bobcat, deer and elk. Covenants do not allow short-term rentals.

Last Agent to Sell the Property

Jim Wotkyns

The Wells Group of Durango, Inc. Listed on: 09/09/2020

Last Buyer's Agent

Kathy Holmes

The Wells Group of Durango, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,902

Year Built

  • Built in 1993

Lot Details

  • 18.5 Acre Lot
  • Lot Dimensions are 239x847x839x665x1314x1384
  • Partially Fenced Property
  • Landscaped

HOA Fees

  • $50 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Home Design

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

Interior Spaces

  • 2,473 Sq Ft Home
  • 2-Story Property
  • Tongue and Groove Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Mud Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Indoor Spa
  • Carpet
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Shed
  • Outdoor Gas Grill

Schools

  • Bayfield K-5 Elementary School
  • Bayfield 6-8 Middle School
  • Bayfield 9-12 High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Forced Air Heating System
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Septic Tank
  • Septic System
  • Internet Available

Community Details

  • Association fees include snow removal, road maintenance
  • Sweetwater Springs Ranch HOA
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 567101200205

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,902

Year Built

Built in 1993

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Microwave
  • Estimated Total Acres: 18.5
  • Class: RESIDENTIAL
  • Em Deposit: 50,000
  • Em Holder: Colorado Title & Closing
  • Exterior Inclusions: Shed/Storage, Landscaping, Patio, Gas Grill, Balcony, Covered Porch
  • Fronts: Public Land
  • Interior Inclusions: Window Coverings, Cathedral Ceiling, Ceiling Fan(s), W/D Hookup, Skylight(s), Vaulted Ceiling, Pantry, T&G Ceilings, Walk In Closet, Hot Tub, Garage Door Opener, Mud Room, Sun Room
  • Legal Lot Block: To be verified by title company: Subdivision: SWEETWATER SPRINGS R Lot: 4B CAT A PROJ 83-114 1-35-8 425 SUNSET LN DURANGO 81301
  • List Price per Sq Ft: 359.89
  • Livestock Allowed: Horses
  • Lot Dimension: 239x847x839x665x1314x1384
  • Lot Size Acreage: 10 - 19.99
  • Parcel Id Number: 567101200205
  • Price Per Sq Ft: 390.21
  • Property Description: Borders Public Land
  • Real Estate Included: Yes
  • Residence Stories: Two Story
  • Sale/Rent: For Sale
  • Siding: Metal, Stone, Wood
  • Sold Price Sq Ft: 390.21
  • Street Descriptionaccess: Private, Gravel
  • Street Designation: Lane
  • Tax Account Id: R011004
  • Zoning: Residential Single Family
  • Type: Stick Built
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Provider: AlignTec
  • Internet Service: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 2902.20
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Living Room Dining
  • Bedrooms: 2
  • Flooring: Carpet-Partial
  • Estimated Total Sq Ft: 2473
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 1
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 3
  • Fireplace Location Type: Bedroom, Living Room
  • Foundation: Crawl Space
  • Master Bedroom Level: Upper Level
  • Total Office Den: 0

Exterior Features

  • Fence: Partial Property
  • Windows: Double Pane
  • Construction Type: Wood Frame
  • Exterior Structures: Shed
  • Roof: Metal
  • Views: Mountains, Valley

Garage/Parking

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

Utilities

  • Utilities: Electric, Internet, Phone - Cell Reception
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Heating System: Forced Air
  • Sewer Supplier: Septic
  • Water Heater: Propane Water Heater
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 171265

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Snow Removal, Road Maintenance
  • Hoametro Fees: 600
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: Sweetwater Springs Ranch

Schools

  • High School: Bayfield 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

MLS Schools

  • Elementary School: Bayfield K-5
  • Middle School: Bayfield 6-8

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2020
Sold by
Cannady Stacy A
Bought by
Cannady Mark C
Current Estimated Value
$1,266,578
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Cannady Mark C -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2020 10/28/20 Sold $965,000 +8.4% $390 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $890,000 -- $360 / 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 $4,296 $75,760 $15,500 $60,260
2024 $3,894 $68,660 $12,970 $55,690
2023 $3,894 $72,030 $13,610 $58,420
2022 $3,197 $75,040 $14,180 $60,860
2021 $3,261 $54,070 $13,010 $41,060
2020 $2,987 $51,130 $11,730 $39,400
2019 $2,902 $51,130 $11,730 $39,400
2018 $2,840 $50,990 $11,230 $39,760
2017 $2,851 $50,990 $11,230 $39,760
2016 $2,934 $52,290 $12,100 $40,190
2015 $2,339 $52,290 $12,100 $40,190
2014 -- $50,300 $12,260 $38,040
2013 -- $35,960 $12,260 $23,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 774381

Colorado Real Estate Network (CREN)

APN: R011004