NOT LISTED FOR SALE

43290 Highway 550 Durango, CO 81301

Estimated Value: $1,124,845 - $2,952,000

2.08 Acres
$984,597 Price per Acre
90,605 Sq Ft Lot

Last Sold September 12, 2022

Last sale price $465,000

Est. 340% increase in value since last sale

Current estimated payment $10,897/month

About This Lot

As of September 2022

The shining star of the North Animas Valley. This beautiful 2 acre parcel overlooks Haviland lake and the meadows and streams of the valley below. With the towering West Needle Mountain views to your west you can build your property with an appealing scenic window in virtually every direction. With easy access to your building site this lot has no HOA, building codes, or assessments. If your goals are to have a private mountain home you are not going to want to miss this parcel. Close to Purgatory Ski Resort this area makes for great year round recreation. In the summers the “mountain” hosts downhill mountain biking, recreation access to public lands, dining, mountain roller coaster, etc. In the winter the mountain burst with sledding, snowboarding, skiing,and cross country skiing to name a few. This is the property to live the Colorado dream.

Last Agent to Sell the Property

Ashley Blackmore

Blackmore Group Listed on: 05/02/2022

Last Buyer's Agent

Rob Littfin

Legacy Properties West Sotheby's Int. Realty

Legacy Properties West Sotheby's Int. Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $460

Lot Details

  • 2.08 Acre Lot

Schools

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

Listing and Financial Details

  • Security Deposit $6,000
  • Assessor Parcel Number 532523400013

Property Details

Property Type

Land

Est. Annual Taxes

$460

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Title
  • Legal Lot Block: SECTION: 23 TOWNSHIP: 38 RANGE: 9 TR IN S/2 SE/4 43290 N US HWY 550 DURANGO 81301
  • Lot Dimension: 2.08
  • Parcel Id Number: 532523400013
  • Tax Account Id: R005560
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 2.08
  • Em Deposit: 6000
  • Mineral Rights: Unknown
  • Price per Sq Ft: 5.35
  • Sold Priceacre: 223557.69
  • Total Taxes Dollar: 460
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Utilities

  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Ferrellgas

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2020

MLS Schools

  • Elementary School: Animas Valley K-5
  • Middle School: Miller 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2022
Closed on
Sep 12, 2022
Sold by
Daniel Wallestad
Bought by
Jestadt Family Trust
Seller's Agent
Ashley Blackmore
Blackmore Group
Buyer's Agent
Rob Littfin
Legacy Properties West Sotheby's Int. Realty
List Price
$575,000
Sold Price
$465,000
Premium/Discount to List
-$110,000
-19.13%
Current Estimated Value
$2,047,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,582,961
Avg. Annual Appreciation
60.59%

Purchase Details

Listed on
Mar 5, 2021
Closed on
Oct 18, 2021
Sold by
Flying J Real Estate Lp
Bought by
Wallestad Daniel
Seller's Agent
Steve Brinley
SCB and Associates
Buyer's Agent
Ashley Blackmore
Blackmore Group
List Price
$495,000
Sold Price
$460,000
Premium/Discount to List
-$35,000
-7.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.21%
Original Mortgage
$285,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Mar 5, 2021
Closed on
Oct 5, 2021
Sold by
Summers Michael Finley and Russell Holly
Bought by
Swole Properties Llc
Seller's Agent
Steve Brinley
SCB and Associates
Buyer's Agent
Ashley Blackmore
Blackmore Group
List Price
$495,000
Sold Price
$460,000
Premium/Discount to List
-$35,000
-7.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Jestadt Family Trust $465,000 --
Wallestad Daniel $460,000 Colorado Ttl & Closing Svcs
Swole Properties Llc -- Colorado Title & Closing Servi
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wallestad Daniel $285,000
Previous Owner Swole Properties Llc $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2022 09/12/22 Sold $465,000 -4.1% --
08/24/2022 08/24/22 Pending -- -- --
08/02/2022 08/02/22 Price Changed $485,000 -2.0% --
06/16/2022 06/16/22 Price Changed $495,000 -5.7% --
05/26/2022 05/26/22 Price Changed $525,000 -8.7% --
05/02/2022 05/02/22 For Sale $575,000 +25.0% --
10/18/2021 10/18/21 Sold $460,000 -3.2% -- View Prior Sale
08/19/2021 08/19/21 Pending -- -- --
07/31/2021 07/31/21 Price Changed $475,000 -4.0% --
03/05/2021 03/05/21 For Sale $495,000 -- --
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 $1,485 $67,590 $24,610 $42,980
2024 $4,535 $30,280 $23,140 $7,140
2023 $4,535 $108,010 $108,010 $0
2022 $2,095 $112,270 $112,270 $0
2021 $2,047 $49,340 $49,340 $0
2020 $459 $11,400 $11,400 $0
2019 $1,784 $46,250 $46,250 $0
2018 $1,663 $43,170 $43,170 $0
2017 $1,628 $43,170 $43,170 $0
2016 $1,341 $38,540 $38,540 $0
2015 $1,362 $38,540 $38,540 $0
2014 $1,362 $40,090 $40,090 $0
2013 -- $40,090 $40,090 $0
Source: Public Records

Agents Affiliated with this Home

  • Ashley Blackmore

    Seller's Agent in 2022

    Ashley Blackmore

    Blackmore Group

    (970) 903-7477

    126 Total Sales

    Ashley Blackmore
    Section Image
  • Rob Littfin

    Buyer's Agent in 2022

    Rob Littfin

    Legacy Properties West Sotheby's Int. Realty

    (970) 749-8526

    67 Total Sales

    Rob Littfin
    Section Image

  • S

    Seller's Agent in 2021

    Steve Brinley

    SCB and Associates

    (970) 759-8000

    26 Total Sales

    Steve Brinley
    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 792993

Colorado Real Estate Network (CREN)

APN: R005560

Colorado La Plata County Durango 81301

43290 Highway 550, Durango, CO

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