NOT LISTED FOR SALE

477 King Mountain Rd Durango, CO 81303

Estimated Value: $517,676 - $1,354,000

4.3 Acres
$224,781 Price per Acre
187,308 Sq Ft Lot

Last Sold May 06, 2022

Last sale price $435,000

Est. 133% increase in value since last sale

Current estimated payment $5,553/month

7 Days on Market

Highlights

  • Mountain View
  • Wooded Lot
  • Property is near a preserve or public land
  • Durango High School Rated A-

About This Lot

As of May 2022

Spectacular 4+ acre King Mountain Estates property with unobstructed views of the valley, La Plata mountains and Perins Peak bordering over 80 acres of BLM land. This perfectly-situated private lot features wonderful native vegetation and natural landscaping with incredible solar gain. The driveway has been installed and is shared with the HOA to access two large cisterns, which aid in the water distribution for the subdivision. A pre-paid water tap is provided and the new owner will enter into a water service agreement with a $900 fee payable to Lake Durango Water Authority. Don’t miss the rare opportunity to own one of the few remaining parcels in picturesque King Mountain Estates and build the home of your dreams!

Last Agent to Sell the Property

Melissa Mayer

Legacy Properties West Sotheby's Int. Realty Listed on: 03/22/2022

Legacy Properties West Sotheby's Int. Realty

Last Buyer's Agent

Gabi Bergstrom

RE/MAX Pinnacle

RE/MAX Pinnacle

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,139

Lot Details

  • 4.3 Acre Lot
  • Wooded Lot

HOA Fees

  • $83 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Schools

  • Fort Lewis Mesa K-5 Elementary School
  • Escalante 6-8 Middle School
  • Durango 9-12 High School

Utilities

  • Septic System

Community Details

  • Association fees include road maintenance, snow removal
  • Rafter J HOA
  • Property is near a preserve or public land

Listing and Financial Details

  • Security Deposit $10,000
  • Assessor Parcel Number 566126201005

Property Details

Property Type

Land

Est. Annual Taxes

$2,139

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Class: Land
  • Em Holder: Land Title
  • Legal Lot Block: SUBDIVISION: KING MOUNTAIN EST BLOCK: 0 LOT: 70 RESUB OF RAFTER J 477 KING MOUNTAIN RD DURANGO 81303
  • Lot Size Acreage: 1-5 Acres
  • Parcel Id Number: 566126201005
  • Property Description: Wooded Lot, Borders Public Land
  • Street Descriptionaccess: Paved
  • Street Designation: Road
  • Tax Account Id: R020695
  • Zoning: Residential Single Family
  • HOA Fee Frequency: Annually
  • Domestic Sewer: Septic
  • Domestic Water: Tap Paid
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 4.3
  • Current Property Use: Residential Single Family
  • Em Deposit: 10000
  • Possible Property Use: Residential Single Family
  • Mineral Rights: Unknown
  • Price per Sq Ft: 2.14
  • Sold Priceacre: 101162.79
  • Water Tap Available: Yes
  • HOA Fees: Yes
  • Total Taxes Dollar: 2138.52
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains, Valley

Utilities

  • Utilities: Electricity Near
  • Water Tap Paid: Yes
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Ferrellgas
  • Water Supplier: Lake Durango Water Authority

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Road Maintenance, Snow Removal
  • Hoametro Fees: 1000
  • Hoa Name: Rafter J

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2021

MLS Schools

  • Elementary School: Fort Lewis Mesa K-5
  • Middle School: Escalante 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2023
Sold by
R & M Rhodes Holdings Llc
Bought by
Kmdurango Llc
Current Estimated Value
$1,013,352
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Kmdurango Llc -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2022 05/06/22 Sold $435,000 +8.8% --
03/29/2022 03/29/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $400,000 -- --
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 $1,917 $139,980 $36,910 $103,070
2024 $4,049 $39,100 $21,160 $17,940
2023 $4,049 $96,430 $96,430 $0
2022 $2,189 $100,230 $100,230 $0
2021 $2,139 $51,550 $51,550 $0
2020 $1,943 $48,290 $48,290 $0
2019 $1,862 $48,290 $48,290 $0
2018 $1,860 $48,290 $48,290 $0
2017 $1,821 $48,290 $48,290 $0
2016 $1,771 $50,900 $50,900 $0
2015 $1,666 $50,900 $50,900 $0
2014 -- $80,300 $80,300 $0
2013 -- $80,300 $80,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Melissa Mayer

    Seller's Agent in 2022

    Melissa Mayer

    Legacy Properties West Sotheby's Int. Realty

    (970) 759-1892

    166 Total Sales

    Melissa Mayer
    Section Image
  • Gabi Bergstrom

    Buyer's Agent in 2022

    Gabi Bergstrom

    RE/MAX

    (970) 946-7522

    153 Total Sales

    Gabi Bergstrom
    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 791624

Colorado Real Estate Network (CREN)

APN: R020695

Colorado La Plata County Durango 81303

477 King Mountain Rd, Durango, CO

Not Listed for Sale

Lots

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