NOT LISTED FOR SALE

427 King Mountain Rd Durango, CO 81303

Estimated Value: $1,180,000 - $1,406,000

3 Beds
3 Baths
3,576 Sq Ft
$362/Sq Ft Est. Value

Last Sold December 14, 2021

Last sale price $1,025,000 $287 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $7,074/month

2 Days on Market

Highlights

  • Greenhouse
  • Mountain View
  • Cathedral Ceiling
  • Durango High School Rated A-
  • Deck
  • Radiant Floor

About This Home

As of December 2021

Capturing the true essence of Colorado, this lovely home incorporates a outdoor/indoor feel with large windows and amazing views in every direction. The home rests on a ridgeline overlooking acres of open space, mountain views, privacy, and easy access throughout the seasons. The decks around most of the home include the main bedroom, great room, front yard, and kitchen. The kitchen has a dining area, breakfast nook, and large pantry. The great room offers a large, newly added fireplace, vaulted ceilings, and incredible views. There are three bedrooms and a bonus room for an office in addition to a loft area large enough for an additional office or sitting room. The oversized 2 car garage has ample room for storage and tool bench. Plenty of storage throughout. This home gets great passive solar, a turn around driveway, various fruit and pine trees, a green house, and space to add a hot-tub. Enjoy peace and tranquility only 10 minutes from downtown Durango.

Last Agent to Sell the Property

Mike Aronson

Coldwell Banker Distinctive Properties Listed on: 11/18/2021

Coldwell Banker Distinctive Properties

Last Buyer's Agent

Craig Weese

eXp Realty, LLC

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,769

Year Built

  • Built in 1997

Lot Details

  • 3 Acre Lot
  • Open Space
  • Landscaped

HOA Fees

  • $83 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Home Design

  • Log Cabin
  • Architectural Shingle Roof
  • Log Siding
  • Stick Built Home
  • Stucco

Interior Spaces

  • 3,576 Sq Ft Home
  • 3-Story Property
  • Tongue and Groove Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Finished Basement
  • Fireplace in Basement

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Greenhouse

Schools

  • Fort Lewis 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
  • Septic Tank
  • Septic System
  • Internet Available

Community Details

  • Association fees include snow removal, road maintenance
  • King Mountain HOA

Listing and Financial Details

  • Assessor Parcel Number 566126201003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,769

Year Built

Built in 1997

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave
  • Estimated Total Acres: 3
  • Class: RESIDENTIAL
  • Em Deposit: 20,000
  • Em Holder: Title Company
  • Exterior Inclusions: Landscaping, Deck
  • Interior Inclusions: Window Coverings, Cathedral Ceiling, Ceiling Fan(s), W/D Hookup, Vaulted Ceiling, Granite Counters, Pantry, T&G Ceilings, Walk In Closet, Garage Door Opener
  • Legal Lot Block: KING MOUNTAIN EST Block: 0 Lot: 68 RESUB OF RAFTER J 427 KING MOUNTAIN RD DURANGO 81303
  • List Price per Sq Ft: 300.62
  • Lot Size Acreage: 2-4.99
  • Parcel Id Number: 566126201003
  • Price Per Sq Ft: 286.63
  • Property Attached: Yes
  • Property Description: Adj to Open Space
  • Real Estate Included: Yes
  • Residence Stories: Three Story
  • Residence Style: Log
  • Sale/Rent: For Sale
  • Siding: Log, Stucco
  • Sold Price Sq Ft: 286.63
  • Street Descriptionaccess: Paved, Gravel
  • Street Designation: Road
  • Zoning: Residential Single Family
  • Type: Stick Built
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Service: Yes
  • Total Taxes Dollar: 1768.52
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 20

Interior Features

  • Dining Room: Kitchen Bar, Kitchen/Dining, Breakfast Nook
  • Bedrooms: 3
  • Flooring: Carpet-Partial, Hardwood, Tile
  • Estimated Total Sq Ft: 3576
  • Full Bathrooms: 3
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 3
  • Fireplace Location Type: Basement, Living Room
  • Foundation: Basement-finished
  • Master Bedroom Level: Upper Level
  • Total Office Den: 0

Exterior Features

  • Construction Type: Wood Frame, Log
  • Exterior Structures: Greenhouse
  • Roof: Architectural Shingles
  • Views: Mountains, Valley

Garage/Parking

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

Utilities

  • Utilities: Electric, Propane-Tank Leased, Internet, Phone - Cell Reception
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Heating System: Floor Radiant, Fireplace
  • Sewer Supplier: Septic
  • Water Supplier: Lake Durango Water Authority

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Snow Removal, Road Maintenance
  • Hoametro Fees: $1000.00
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: King Mountain

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2021
Closed on
Dec 8, 2021
Sold by
Grubbs Don Edward and Grubbs Patti Yvonne
Bought by
Hart Oliver and Brown Lauren
Seller's Agent
Mike Aronson
Coldwell Banker Distinctive Properties
Buyer's Agent
Craig Weese
eXp Realty, LLC
List Price
$1,075,000
Sold Price
$1,025,000
Premium/Discount to List
-$50,000
-4.65%
Current Estimated Value
$1,294,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,104
Avg. Annual Appreciation
5.96%

Purchase Details

Closed on
May 17, 2019
Sold by
Sexton Thomas D and The Thomas D Sexton Revocable
Bought by
Grubbs Don Edward and Grubbs Patti Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2017
Sold by
Sexton Thomas D
Bought by
Sexton Thomas D and Thomas D Sexton Revocable Trust

Purchase Details

Closed on
Nov 15, 2016
Sold by
Moraw William Reed and Moraw Nicole
Bought by
Sexton Thomas D

Purchase Details

Closed on
Sep 23, 2014
Sold by
Wilber Carolyn Ann and Zimsky William E
Bought by
Moraw William Reed and Moraw Nicole

Purchase Details

Closed on
Sep 30, 1996
Bought by
Sexton Thomas D Trustee
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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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
Hart Oliver $1,025,000 Colorado Ttl & Closing Svcs
Grubbs Don Edward $715,000 Land Title Guarantee Co
Sexton Thomas D -- None Available
Sexton Thomas D $560,000 Colorado Title
Moraw William Reed $550,000 Colorado Land Title Co Llc
Sexton Thomas D Trustee $127,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grubbs Don Edward $572,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2021 12/14/21 Sold $1,025,000 -4.7% $287 / Sq Ft
11/20/2021 11/20/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $1,075,000 -- $301 / 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 $2,776 $73,140 $18,980 $54,160
2024 $2,377 $56,610 $11,180 $45,430
2023 $2,377 $59,860 $11,820 $48,040
2022 $1,801 $62,540 $12,350 $50,190
2021 $1,810 $43,640 $12,710 $30,930
2020 $1,769 $43,950 $11,900 $32,050
2019 $1,695 $43,950 $11,900 $32,050
2018 $1,534 $39,830 $11,990 $27,840
2017 $1,502 $39,830 $11,990 $27,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 788714

Colorado Real Estate Network (CREN)

APN: R020693