NOT LISTED FOR SALE

440 Engineer Dr Durango, CO 81301

Estimated Value: $209,000 - $218,269

0.26 Acre
$820,858 Price per Acre
11,326 Sq Ft Lot

Last Sold March 06, 2024

Last sale price $200,000

Est. 7% increase in value since last sale

Current estimated payment $1,362/month

27 Days on Market

Highlights

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

About This Lot

As of March 2024

Welcome to your dream home site in the heart of Engineer Village, a picturesque haven nestled among evergreens and aspens. This desirable site offers breathtaking views of Engineer Mountain and Purgatory Resort and is the ideal place to build your Colorado mountain abode. The site is free from overhead power lines' visual interference and is situated away from the highway to provide a peaceful, uninterrupted panorama of the stunning surroundings. Local building expert Brett Metz of Summit Custom Homes has inspected and confirmed that this lot is one of the most buildable and cost-effective building sites in Engineer Village due to minimal blasting requirements. The property’s driveway can have a gentle east/ north curve thanks to the downward slope of Engineer Drive to the north and the property's gradient, ensuring a relatively level approach to a south-facing garage – a crucial element for your convenience. The lot purchase includes schematic architectural plans and renderings meticulously crafted by Summit Custom Homes for a 3,421+/- square foot residence, offering you a head start in the building process. The design focuses on maximizing views of Engineer Mountain and Purgatory Resort. Summit Custom Homes is readily available to discuss these plans with potential buyers, providing a solid foundation and potentially saving time and effort in the initial stages of construction. The lot has been thoughtfully cleared to support the building envelope while preserving the area's natural beauty, including aspen groves and towering pines. Engineer Village, a single-family home development adjacent to National Forest and across from Purgatory Resort, features central utilities, paved roads, air quality controls, a community recreation area, a trail system, and dark sky ordinances. Notably, short-term vacation rentals are allowed, opening up possibilities for rental income and 1031 exchanges. As owners, you'll be part of the Durango Mountain Master Association (DMMA), granting you access to a range of off-slope amenities, including a private owner's lounge/club, game room, pool, hot tub, fitness center, spa, tennis courts, and a resort shuttle service. Seize the opportunity to make this prime property in Engineer Village the canvas for your mountain dream home, where every detail has been carefully considered to offer you the ideal blend of tranquility, convenience, and luxury living.

Last Agent to Sell the Property

Jarrod Nixon

Coldwell Banker Mountain Properties Listed on: 01/10/2024

Coldwell Banker Mountain Properties

Last Buyer's Agent

Tim Papi

Coldwell Banker Mountain Properties

Coldwell Banker Mountain Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,203

Lot Details

  • 0.26 Acre Lot
  • Wooded Lot

Schools

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

Additional Features

  • Mountain Views
  • Propane

Community Details

  • Property has a Home Owners Association
  • Dmma HOA
  • Engineer Villag Subdivision

Listing and Financial Details

  • Security Deposit $10,000
  • Assessor Parcel Number 537101201553

Property Details

Property Type

Land

Est. Annual Taxes

$1,203

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Title
  • Legal Lot Block: SUBDIVISION: DMR ENGINEER VILL PHASE II LOT: 49 PROJ 2005-0160 440 ENGINEER DR DURANGO 81301
  • Lot Size Acreage: .25-.5 Acres
  • Parcel Id Number: 537101201553
  • Property Description: Wooded Lot
  • Street Descriptionaccess: Paved
  • Street Designation: Drive
  • Tax Account Id: R428209
  • Zoning: Residential Single Family
  • HOA Fee Frequency: Annually
  • Domestic Sewer: Sewer Tap Available
  • Domestic Water: Public, Tap Available
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 0.26
  • Current Property Use: Residential Single Family
  • Em Deposit: 10,000
  • Possible Property Use: Residential Single Family
  • Mineral Rights: Unknown
  • Price per Sq Ft: 20.22
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 769230.77
  • Water Tap Available: Yes
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Total Taxes Dollar: 1202.72
  • Prop Description Remarks: Welcome to your dream home site in the heart of Engineer Village, a picturesque haven nestled among evergreens and aspens. This desirable site offers breathtaking views of Engineer Mountain and Purgatory Resort and is the ideal place to build your Colorado mountain abode. The site is free from overhead power lines' visual interference and is situated away from the highway to provide a peaceful, uninterrupted panorama of the stunning surroundings. Local building expert Brett Metz of Summit Custom Homes has inspected and confirmed that this lot is one of the most buildable and cost-effective building sites in Engineer Village due to minimal blasting requirements. The property’s driveway can have a gentle east/ north curve thanks to the downward slope of Engineer Drive to the north and the property's gradient, ensuring a relatively level approach to a south-facing garage – a crucial element for your convenience. The lot purchase includes schematic architectural plans and renderings meticulously crafted by Summit Custom Homes for a 3,421+/- square foot residence, offering you a head start in the building process. The design focuses on maximizing views of Engineer Mountain and Purgatory Resort. Summit Custom Homes is readily available to discuss these plans with potential buyers, providing a solid foundation and potentially saving time and effort in the initial stages of construction. The lot has been thoughtfully cleared to support the building envelope while preserving the area's natural beauty, including aspen groves and towering pines. Engineer Village, a single-family home development adjacent to National Forest and across from Purgatory Resort, features central utilities, paved roads, air quality controls, a community recreation area, a trail system, and dark sky ordinances. Notably, short-term vacation rentals are allowed, opening up possibilities for rental income and 1031 exchanges. As owners, you'll be part of the Durango Mountain Master Association (DMMA), granting you access to a range of off-slope amenities, including a private owner's lounge/club, game room, pool, hot tub, fitness center, spa, tennis courts, and a resort shuttle service. Seize the opportunity to make this prime property in Engineer Village the canvas for your mountain dream home, where every detail has been carefully considered to offer you the ideal blend of tranquility, convenience, and luxury living.
  • Subdv Name: Engineer Villag
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains

Utilities

  • Utilities: Electricity, Propane Required
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Durango Mountain Utilities
  • Water Supplier: Purgatory Metropolitan District

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: Yes
  • Hoa Name: DMMA

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2023

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 10, 2024
Closed on
Mar 6, 2024
Sold by
Swanson Jeff and Swanson Jessica
Bought by
Huyett Daniel Patrick and Huyett Eleanor Bradley
Seller's Agent
Jarrod Nixon
Coldwell Banker Mountain Properties
Buyer's Agent
Tim Papi
Coldwell Banker Mountain Properties
List Price
$275,000
Sold Price
$200,000
Premium/Discount to List
-$75,000
-27.27%
Views
23
Current Estimated Value
$213,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,423
Avg. Annual Appreciation
3.50%

Purchase Details

Closed on
May 31, 2017
Sold by
Monarch Investments Llc
Bought by
Swanson Jeff and Swanson Jessica

Purchase Details

Closed on
Oct 25, 2005
Sold by
Durango Mountain Land Company Llc
Bought by
Monarch Investments Llc
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
Huyett Daniel Patrick $200,000 Land Title Guarantee
Swanson Jeff $90,000 Colorado Title
Monarch Investments Llc $229,900 Colorado Land Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2024 03/06/24 Sold $200,000 -12.7% --
02/06/2024 02/06/24 Pending -- -- --
01/22/2024 01/22/24 Price Changed $229,000 -16.7% --
01/10/2024 01/10/24 For Sale $275,000 -- --
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 $2,752 $48,290 $48,290 --
2024 $2,540 $30,130 $30,130 --
2023 $2,540 $30,130 $30,130 $0
2022 $1,401 $31,320 $31,320 $0
2021 $1,385 $16,530 $16,530 $0
2020 $2,155 $26,100 $26,100 $0
2019 $2,280 $28,190 $28,190 $0
2018 $1,052 $13,010 $13,010 $0
2017 $997 $12,460 $12,460 $0
2016 $881 $11,430 $11,430 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 810195

Colorado Real Estate Network (CREN)

APN: R428209