NOT LISTED FOR SALE

438 Hermosa Cliffs Rd Durango, CO 81301

Estimated Value: $474,092 - $531,000

3 Acres
$165,344 Price per Acre
130,680 Sq Ft Lot

Sale Details

Date Sold: February 3, 2022

Last sale price $385,000

Est. 29% increase in value since last sale

Current estimated payment $3,121 / mo

2 Days on Market

Highlights

  • Mountain View
  • Durango High School Rated A-
  • Level Lot

About This Lot

As of February 2022

360 degree, high mountain views including the Needle Mtns to the east, Castle Rock to the west, and Missionary Ridge looking south. Sunny, open and level building site in Hermosa Cliffs Ranch. Paved roads to site. Owner/Builder is happy to share ideas for a custom build. No restrictions on rentals. Easy access and just minutes to Purgatory Ski Resort. Hermosa Cliffs Ranch is an intimate community, all over-sized parcels with beautiful high-end custom homes.

Last Agent to Sell the Property

Kristin Daly

The Wells Group of Durango, LLC Listed on: 01/01/2022

Last Buyer's Agent

Durango NON MEMBER

NON-MEMBER/FSBO Durango

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,431

Lot Details

  • 3 Acre Lot
  • Level Lot

HOA Fees

  • $42 Monthly HOA Fees

Property Views

  • Mountain Views

Schools

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

Community Details

  • Association fees include road maintenance
  • Hermosa Cliffs HOA

Listing and Financial Details

  • Security Deposit $7,500
  • Assessor Parcel Number 508935401003

Property Details

Property Type

Land

Est. Annual Taxes

$3,431

Lot Details

3 Acres

HOA Fees

$42 per month

Listing Details

  • Class: Land
  • Em Holder: title company
  • Legal Lot Block: Tract: 80-0A Section: 35 Township: 39 Range: 9
  • Lot Dimension: 3 acres
  • Lot Size Acreage: 1-5 Acres
  • Parcel Id Number: 508935401003
  • Street Descriptionaccess: Paved
  • Street Designation: Road
  • Zoning: Residential Single Family
  • HOA Fee Frequency: Annually
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 3
  • Current Property Use: Mountain Recreation
  • Em Deposit: 7500
  • Mineral Rights: Unknown
  • Topography: Level
  • Price per Sq Ft: 2.98
  • Sold Priceacre: 128333.33
  • HOA Fees: Yes
  • Total Taxes Dollar: 3431
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains

Utilities

  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Water Supplier: Well

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Road Maintenance
  • Hoametro Fees: 500
  • Hoa Name: Hermosa Cliffs

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
Jan 1, 2022
Closed on
Feb 4, 2022
Sold by
Lytle John M
Bought by
Hobby Mitchell B and Hobby Kim D
Seller's Agent
Kristin Daly
The Wells Group of Durango, LLC
Buyer's Agent
Durango NON MEMBER
NON-MEMBER/FSBO Durango
List Price
$389,000
Sold Price
$385,000
Premium/Discount to List
-$4,000
-1.03%
Current Estimated Value
$496,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,031
Avg. Annual Appreciation
6.16%

Purchase Details

Closed on
Jul 21, 2006
Sold by
Northern Trust Bank Na
Bought by
Lytle John M
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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Purchase History

Date Buyer Sale Price Title Company
Hobby Mitchell B $385,000 Land Title
Lytle John M $358,000 Colorado Land Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2022 02/03/22 Sold $385,000 -1.0% --
01/03/2022 01/03/22 Pending -- -- --
01/01/2022 01/01/22 For Sale $389,000 -- --
Source: Colorado Real Estate Network (CREN)

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 $5,387 $106,310 $106,310 --
2024 $4,612 $109,860 $109,860 --
2023 $4,612 $109,860 $109,860 $0
2022 $3,620 $114,190 $114,190 $0
2021 $3,537 $85,260 $85,260 $0
2020 $3,431 $85,260 $85,260 $0
2019 $3,288 $85,260 $85,260 $0
2018 $3,050 $79,170 $79,170 $0
2017 $2,986 $79,170 $79,170 $0
2016 $2,472 $71,050 $71,050 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 789416

Colorado Real Estate Network (CREN)

APN: R005199

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