NOT LISTED FOR SALE

44063 Highway 550 Durango, CO 81301

Estimated Value: $794,000 - $1,300,000

4 Beds
3 Baths
2,085 Sq Ft
$485/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $623,500 $299 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $5,460/month

Highlights

  • Mountain View
  • Wood Burning Stove
  • 2 Car Attached Garage
  • Durango High School Rated A-
  • Wooded Lot
  • Tile Flooring

About This Home

As of August 2022

A rare opportunity to own a Colorado mountain cabin with great views of the Needle Mountains and Hermosa Cliffs. This property offers endless potential - tucked in a forest of aspen and evergreens, with no covenants, conveniently located off the west side of Hwy 550 just a few minutes from Purgatory. One owner home, built in 1999, never before on market. This property presents a great canvas to add personal touches and updates, as a full time residence or vacation property. Vaulted ceilings and open concept living/kitchen on second level (above garage) is inviting, spacious and full of natural light. Primary bedroom is also located on this level with full bath (accessible from living and bedroom). Large deck area offers mountain views and great eastern and southern exposure. Upstairs is a roomy loft area, ideal for an office or media room, guest bedroom with large closet and 3/4 bath. Entrance level has a (4th) bedroom to immediate right with closet - could also be a bonus space for office or extra storage for recreational gear. A second guest bedroom is also on this main level and a 3/4 bath; 2-car garage and laundry (in garage) complete this level.

Last Agent to Sell the Property

Kristin Daly

The Wells Group of Durango, LLC Listed on: 07/01/2022

Last Buyer's Agent

Kristin Daly

The Wells Group of Durango, LLC Listed on: 07/01/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,507

Year Built

  • Built in 1999

Lot Details

  • 1 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Metal Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,085 Sq Ft Home
  • 3-Story Property
  • Wood Burning Stove
  • Mountain Views
  • Oven or Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Hot Water Baseboard Heater
  • Boiler Heating System
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Well
  • Septic Tank
  • Septic System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 532523100024

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,507

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Washer, Dryer
  • Estimated Total Acres: 1
  • Class: RESIDENTIAL
  • Em Deposit: 7500
  • Em Holder: Title company
  • Legal Lot Block: Section: 23 Township: 38 Range: 9. Further legal description to be determined upon final accepted Title Commitment
  • List Price per Sq Ft: 287.29
  • Lot Dimension: 1 acre
  • Lot Size Acreage: 1-1.99
  • Parcel Id Number: 532523100024
  • Price Per Sq Ft: 299.04
  • Property Description: Wooded Lot
  • Real Estate Included: Yes
  • Residence Stories: Three Story, Loft
  • Sale/Rent: For Sale
  • Siding: Wood
  • Sold Price Sq Ft: 299.04
  • Street Descriptionaccess: Dirt, Easement, Shared Drive
  • Street Designation: Highway
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: 1507
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 202260

Interior Features

  • Bedrooms: 4
  • Flooring: Carpet-Partial, Tile
  • Estimated Total Sq Ft: 2085
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 2
  • Total Bathrooms: 3
  • Fireplace Location Type: Woodstove
  • Master Bedroom Level: Upper Level
  • Total Office Den: 0

Exterior Features

  • Roof: Metal
  • Views: Mountains

Garage/Parking

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

Utilities

  • Utilities: Electric, Propane-Tank Leased, Internet
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Heating System: Hot Water Baseboard, Boiler
  • Sewer Supplier: Septic
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 185388

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

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
Jul 1, 2022
Closed on
Aug 22, 2022
Sold by
William Eddy Mark
Bought by
Yarbrough Basil R
Seller's Agent
Kristin Daly
The Wells Group of Durango, LLC
Buyer's Agent
Kristin Daly
The Wells Group of Durango, LLC
List Price
$599,000
Sold Price
$623,500
Premium/Discount to List
$24,500
4.09%
Current Estimated Value
$1,011,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,218
Avg. Annual Appreciation
16.22%
Original Mortgage
$592,325
Outstanding Balance
$566,293
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$445,425

Purchase Details

Closed on
Nov 18, 1993
Bought by
Eddy Mark W
Source: Public Records

Range of Values:

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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
Yarbrough Basil R $623,500 None Listed On Document
Eddy Mark W $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yarbrough Basil R $592,325
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2022 08/22/22 Sold $623,500 +4.1% $299 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $599,000 -- $287 / 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 $1,660 $38,950 $7,990 $30,960
2024 $1,422 $33,860 $7,600 $26,260
2023 $1,422 $36,890 $8,280 $28,610
2022 $1,542 $38,940 $8,740 $30,200
2021 $1,550 $37,360 $6,930 $30,430
2020 $1,390 $34,540 $6,640 $27,900
2019 $1,332 $34,540 $6,640 $27,900
2018 $1,182 $30,680 $6,240 $24,440
2017 $1,157 $30,680 $6,240 $24,440
2016 $1,130 $32,480 $6,240 $26,240
2015 $454 $32,480 $6,240 $26,240
2014 $454 $26,740 $6,400 $20,340
2013 -- $26,740 $6,400 $20,340
Source: Public Records

Agents Affiliated with this Home

  • Kristin Daly

    Seller's Agent in 2022

    Kristin Daly

    The Wells Group of Durango, LLC

    (970) 749-7798

    86 Total Sales

    Kristin Daly
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 795622

Colorado Real Estate Network (CREN)

APN: R019532

Colorado La Plata County Durango 81301

44063 Highway 550, Durango, CO

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Colorado Real Estate Network (CREN) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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