Seller's Agent in 2021
Christina Rinderle
Durango Land and Homes
(970) 946-2279
311 Total Sales
44291 Highway 550 Durango, CO 81301
Estimated Value: $994,092 - $2,005,000
3
Beds
4
Baths
3,186
Sq Ft
$424/Sq Ft
Est. Value
Highlights
- Mountain View
- Near a National Forest
- Wood Siding
- Durango High School Rated A-
- Furnished
About This Home
As of May 2021This fully furnished 3,186 square foot, 3 bedroom, 4 bathroom log home on almost 10 acres bordering National Forest embodies the classic Colorado cabin feel that's a perfect base-camp for your Durango mountain adventures. Located just a few miles from Purgatory resort at the base of Hermosa Cliffs and with epic views of the Needles Mountain Range, this home will be sought after by those seeking the ideal mountain retreat. This home was carefully hand-crafted. Each log was individually selected, hand-milled to precision and fitted into this extraordinary structure. Rarely have we encountered a home built with such sizable and incredible logs. The price per square foot of this home is nowhere near the cost to reconstruct a structure like this with contemporary log construction pricing. As rare as any single-family home is in the resort market in Durango at this time, this home has the triple-benefit rarity of its acreage, views and extraordinary high-value construction. Idealized as a residence that created separation between two families sharing the property, the current owners are contractors and have developed remodel plans to join the levels in an elegant design if desired. This custom log home, designed and constructed by the owners, also features one-of-a-kind ironwork making it all the more unique and exclusive.
Co-Listed By
Chris Bettin
Durango Land and Homes
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,166
Year Built
- Built in 1997
Lot Details
- 9.7 Acre Lot
Property Views
- Mountain
- Valley
Home Design
- Wood Siding
- Log Siding
- Stick Built Home
Interior Spaces
- 3,186 Sq Ft Home
- Furnished
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Full Bathrooms
Schools
- Animas Valley K-5 Elementary School
- Miller 6-8 Middle School
- Durango 9-12 High School
Utilities
- Well
- Septic Tank
- Internet Available
Community Details
- Near a National Forest
Listing and Financial Details
- Assessor Parcel Number 532514400017
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 20, 2022
Sold by
Ripple Erik Allen and Ripple Meghan Michelle
Bought by
Erik Allen Ripple and Erik Meghan Michelle
Current Estimated Value
Purchase Details
Listed on
Mar 13, 2021
Closed on
May 26, 2021
Sold by
Paul D Lambert D and Paul Martha L
Bought by
Ripple Erik A
Seller's Agent
Christina Rinderle
Durango Land and Homes
Buyer's Agent
Dru English
Keller Williams Realty Southwest Associates, LLC
List Price
$799,000
Sold Price
$780,000
Premium/Discount to List
-$19,000
-2.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.22%
Original Mortgage
$300,000
Interest Rate
2.3%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 13, 2021
Closed on
May 20, 2021
Sold by
Paul D Lambert & Martha L Lambert Rev Tr
Bought by
Ripple Erik A and Ripple Meghan M
Seller's Agent
Christina Rinderle
Durango Land and Homes
Buyer's Agent
Dru English
Keller Williams Realty Southwest Associates, LLC
List Price
$799,000
Sold Price
$780,000
Premium/Discount to List
-$19,000
-2.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 18, 1994
Bought by
Lambert Paul D & Martha L Rev Trust Uta
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Erik Allen Ripple | -- | None Listed On Document | |
| Ripple Erik A | $780,000 | Land Title | |
| Ripple Erik A | $780,000 | Land Title Guarantee Company | |
| Lambert Paul D & Martha L Rev Trust Uta | $105,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ripple Erik A | $300,000 | |
| Previous Owner | Ripple Erik A | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/27/2021 05/27/21 | Sold | $780,000 | -2.4% | $245 / Sq Ft |
| 03/13/2021 03/13/21 | Pending | -- | -- | -- |
| 03/13/2021 03/13/21 | For Sale | $799,000 | -- | $251 / Sq Ft |
Source: Colorado Real Estate Network (CREN)
Tax History Compared to Growth
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 | $2,152 | $66,750 | $15,860 | $50,890 |
| 2024 | $2,124 | $50,590 | $15,850 | $34,740 |
| 2023 | $2,124 | $53,790 | $16,850 | $36,940 |
| 2022 | $2,169 | $56,300 | $17,640 | $38,660 |
| 2021 | $1,639 | $39,510 | $13,760 | $25,750 |
| 2020 | $1,166 | $28,970 | $10,140 | $18,830 |
| 2019 | $1,117 | $28,970 | $10,140 | $18,830 |
| 2018 | $1,065 | $27,640 | $11,180 | $16,460 |
| 2017 | $1,043 | $27,640 | $11,180 | $16,460 |
| 2016 | $1,041 | $29,930 | $12,360 | $17,570 |
| 2015 | -- | $29,930 | $12,360 | $17,570 |
| 2014 | $879 | $25,870 | $12,360 | $13,510 |
| 2013 | -- | $6,170 | $0 | $6,170 |
Source: Public Records
Agents Affiliated with this Home
-
Christina Rinderle
-
C
Seller Co-Listing Agent in 2021
Chris Bettin
Durango Land and Homes
-
Dru English
Buyer's Agent in 2021
Dru English
Keller Williams Realty Southwest Associates, LLC
(970) 259-1139
123 Total Sales
-
Mary Jo James
Buyer Co-Listing Agent in 2021
Mary Jo James
Legacy Properties West Sotheby's Int. Realty
(970) 749-2937
8 Total Sales
Map
Source: Colorado Real Estate Network (CREN)
MLS Number: 779620
APN: R022621
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