NOT LISTED FOR SALE

Estimated Value: $1,053,000 - $1,169,000

4 Beds
2 Baths
1,730 Sq Ft
$647/Sq Ft Est. Value

Last Sold December 10, 2020

Last sale price $660,000 $382 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $6,142/month

133 Days on Market

Highlights

  • RV or Boat Parking
  • 1 Home Office
  • Dining Room
  • Park Elementary School Rated A-
  • 2 Car Detached Garage
  • Family Room

About This Home

As of December 2020

This is your opportunity to own a unique home on 3rd Ave. “The Boulevard” In the Hart of Durango. This home has a lot to offer, including one of the largest driveways in town. Drive your RV right into downtown Durango to beat the Summer heat and experience the heart of it all or simply enjoy a wonderful home located downtown. You can park one or two RVs in this coveted space. Currently the home is set up as a one bedroom with lots of square footage and potential to finish other rooms. The original part of this home has been wonderfully preserved with custom woodwork, flooring and trim. There is a comfortable living room with a gas fireplace facing the Boulevard. Next to the living room is a welcoming dining room with the original character preserved. The kitchen is a great size and offers all amenities needed to create a gourmet meal, including double ovens. The spacious master bedroom is on the main level with a large walk-in closet. A double-sided fireplace separates the bedroom and the Jacuzzi in the master bathroom. If that’s not enough to get you excited a large timber frame pier and beam addition add a great multifunctional space. Currently set up as a living area this could be changed to be another large master or multiple bedrooms. During this addition a larger basement was added for a robust amount of storage. There is a 1328 sf. garage and workshop. Originally designed to be a 3 bedroom/1 bath ADU in the future. Currently this space is roughed in and ready for you to finish to your liking. With approvals this could be an ADU, guest quarters or workshop. You could have a dream workshop or income producing property. This is a home with lots of potential that has been thoughtfully updated. New amenities include a porch, new wiring and plumbing, in floor heat throughout the home, new windows, insulation, and sprinkler system. There is a complete solar system on the home, ensuring low utility bills. This home is a must see and one to live the dream in.

Last Agent to Sell the Property

Andy Langefels

Legacy Properties West Sotheby's Int. Realty Listed on: 06/15/2020

Legacy Properties West Sotheby's Int. Realty

Last Buyer's Agent

Andy Langefels

Legacy Properties West Sotheby's Int. Realty Listed on: 06/15/2020

Legacy Properties West Sotheby's Int. Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,504

Year Built

  • Built in 1879 | Remodeled in 2002

Lot Details

  • 7,492

Home Design

  • Stick Built Home

Interior Spaces

  • 1,730 Sq Ft Home
  • Family Room
  • Dining Room
  • 1 Home Office

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • RV or Boat Parking

Schools

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

Additional Features

  • 7,492 Sq Ft Lot
  • Accessory Dwelling Unit (ADU)
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 566529313009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,504

Year Built

Built in 1879 | Remodeled in 2002

Lot Details

0

Listing Details

  • Additional Living Quarters: Yes
  • Estimated Total Acres: 0.172
  • Class: RESIDENTIAL
  • Em Deposit: 8000
  • Em Holder: Title Durango
  • Legal Lot Block: DURANGO, CITY OF Block: 12 Lot: 8 AND:- Lot: 9 LOT CONSOLIDATION COVENANT #897955 447 E 3RD AVE DURANGO 81301
  • List Price per Sq Ft: 404.05
  • Parcel Id Number: 566529313009
  • Price Per Sq Ft: 381.5
  • Real Estate Included: Yes
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 381.5
  • Street Designation: Avenue
  • Type: Stick Built
  • Additional Living Type: ADU-Accessory Dwelling Unit
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: 1503.72
  • Year Built: 1879
  • Year Renovated: 2002
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Yes
  • Bedrooms: 4
  • Estimated Total Sq Ft: 1730
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Family Room: Yes
  • Total Office Den: 1

Garage/Parking

  • Garage Type: Detached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Sewer Supplier: City of Durango
  • Water Supplier: City of Durango

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

MLS Schools

  • Elementary School: Park K-5
  • Middle School: Miller 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2020
Closed on
Dec 1, 2020
Sold by
Mark Jere Crossett Trust and Patricia Ann Crossett Trust
Bought by
Mercado Kenneth Marc and Mercado Jill Bozeman
Seller's Agent
Andy Langefels
Legacy Properties West Sotheby's Int. Realty
Buyer's Agent
Andy Langefels
Legacy Properties West Sotheby's Int. Realty
List Price
$699,000
Sold Price
$660,000
Premium/Discount to List
-$39,000
-5.58%
Current Estimated Value
$1,119,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$459,022
Avg. Annual Appreciation
11.02%
Original Mortgage
$310,000
Outstanding Balance
$222,327
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$896,695

Purchase Details

Closed on
Jun 11, 2014
Sold by
Mark Jere Crossett Trust
Bought by
Crossett Mark Jere and The Mark Jere Crossett Trust

Purchase Details

Closed on
Oct 28, 2002
Bought by
Crossett Mark Jere Trustee & Crossett
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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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
Mercado Kenneth Marc -- None Listed On Document
Crossett Mark Jere -- None Available
Crossett Mark Jere Trustee & Crossett -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercado Kenneth Marc $310,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2020 12/10/20 Sold $660,000 -5.6% $382 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
08/31/2020 08/31/20 For Sale $699,000 0.0% $404 / Sq Ft
08/16/2020 08/16/20 Pending -- -- --
07/31/2020 07/31/20 Price Changed $699,000 -5.4% $404 / Sq Ft
06/15/2020 06/15/20 For Sale $739,000 -- $427 / 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 $3,350 $82,480 $23,520 $58,960
2024 $2,850 $70,900 $18,070 $52,830
2023 $2,850 $74,580 $19,010 $55,570
2022 $2,390 $58,790 $16,510 $42,280
2021 $1,685 $42,450 $16,980 $25,470
2020 $1,297 $40,890 $16,800 $24,090
2019 $0 $40,890 $16,800 $24,090
2018 $1,118 $37,980 $15,930 $22,050
2017 $1,093 $37,980 $15,930 $22,050
2016 $960 $37,420 $15,220 $22,200
2015 $900 $37,420 $15,220 $22,200
2014 -- $33,840 $14,630 $19,210
2013 -- $33,840 $14,630 $19,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 770795

Colorado Real Estate Network (CREN)

APN: R009997