NOT LISTED FOR SALE

478 Highway 172 Durango, CO 81303

Estimated Value: $341,422

5.8 Acres
$58,866 Price per Acre
252,648 Sq Ft Lot

Last Sold May 21, 2021

Last sale price $290,000

Est. 18% increase in value since last sale

Current estimated payment $1,961/month

Highlights

  • Mountain View
  • Detached Garage
  • Lot Has A Rolling Slope
  • Durango High School Rated A-
  • 2 Irrigated Acres

About This Lot

As of May 2021

Two separate residential parcels consisting of a 2.8 acre parcel and an adjacent 3 acre parcel being sold together. These properties are close to town and include two Loma Linda Sanitation Sewer Taps, one water well installed, no covenants, no restrictions, and have easy paved highway access. The property has 1/32 CFS of irrigation water through the Florida Canal. Located at 6940' elevation with southern exposure and fabulous year round access on a paved road. The properties are ready to build a residence, and they are La Plata County Zoned "Large Lot Residential" . Both parcels have many possible building envelopes with good solar exposure plus views of the LaPlata Mountains. On the 2.8 acre Western parcel the utilities include electric and telephone, Domestic State of Colorado WATER WELL (permit #284730 is 60 feet deep with estimated flow rate of 12 to 15 GPM.). Current owner has not used the water well, or any irrigation water, and makes no representations as to the quality, quantity, or method of delivery of the water. Buyer is to be responsible for inspect the water well and water rights to buyer's satisfaction.

Last Agent to Sell the Property

Scott Kurlander

Keller Williams Realty Southwest Associates, LLC Listed on: 03/10/2021

Keller Williams Realty Southwest Associates, LLC

Last Buyer's Agent

Patrick Jones

Coldwell Banker Distinctive Properties

Coldwell Banker Distinctive Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,177

Lot Details

  • 5.8 Acre Lot
  • Lot Has A Rolling Slope

Parking

  • Detached Garage

Schools

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

Utilities

  • Irrigation Water Rights
  • Well
  • Septic System
  • Sewer Tap Fee

Additional Features

  • Mountain Views
  • 2 Irrigated Acres

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 567307300152

Property Details

Property Type

Land

Est. Annual Taxes

$1,177

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Title Durango
  • Legal Lot Block: Section: 7 Township: 34 Range: 8 SW/4 SW/4 plus Section: 7 Township: 34 Range: 8 TR IN SW/4 AKA TRACT B EXEMPTION PLAT 85-174
  • Lot Dimension: 5.8 acres IRREGULAR SHAPE
  • Lot Size Acreage: 5-10 Acres
  • Parcel Id Number: 567307300152
  • Street Descriptionaccess: State Highway, Paved, 50'-75' Frontage
  • Domestic Sewer: Sewer Tap Paid, Septic Installed, Sewer Tap Installed
  • Domestic Water: Domestic Well
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Irrigation Acres: 2
  • Estimated Total Acres: 5.8
  • Current Property Use: Residential Single Family
  • Em Deposit: $5,000
  • Possible Property Use: Pasture (irrigated)
  • Water Rights Irrigation: Yes
  • Irrigation Systemrights: Open Ditch
  • Irr Water Descamnt: 1/32 C.F.S
  • Price Acre: 50000
  • Topography: Rolling
  • Modularmobile Allow: Both
  • Outbuildngsstructures: Garage
  • Price per Sq Ft: 1.15
  • Sewer Paid: Yes
  • Sewerseptic In: Yes
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 50000
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 1,176.54
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains

Utilities

  • Utilities: Electricity
  • Electric Supplier: La Plata Electric Association
  • Irrigation Water District: Florida Canal Company
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 172324

Condo/Co-op/Association

  • HOA: Yes

Schools

  • Elementary School: Florida Mesa K-5
  • Middle School: Escalante 6-8
  • High School: Durango 9-12
  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2022
Sold by
Waite Chad A and Waite Julie A
Bought by
Highway 172 Llc
Current Estimated Value
$341,422

Purchase Details

Listed on
Mar 10, 2021
Closed on
May 20, 2021
Sold by
Ashburn Steven J
Bought by
Waite Chad A and Waite Julie A
Seller's Agent
Scott Kurlander
Keller Williams Realty Southwest Associates, LLC
Buyer's Agent
Patrick Jones
Coldwell Banker Distinctive Properties
List Price
$290,000
Sold Price
$290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.43%

Purchase Details

Closed on
Dec 2, 2019
Sold by
The Kerry B Coleman Trust
Bought by
Ashburn Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,667
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 8, 2011
Sold by
Ek Enterprises Llc
Bought by
Coleman Kerry B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
4.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2006
Sold by
Buddys Llc
Bought by
Ek Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 3, 2006
Sold by
Dunlap Daniel A
Bought by
Buddys Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.25%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Highway 172 Llc -- None Listed On Document
Waite Chad A $290,000 None Listed On Document
Ashburn Steven J $230,000 Title Durango
Coleman Kerry B $168,000 None Available
Ek Enterprises Llc -- None Available
Buddys Llc $285,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ashburn Steven J $232,667
Previous Owner Coleman Kerry B $151,200
Previous Owner Buddys Llc $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $290,000 0.0% --
04/06/2021 04/06/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $290,000 0.0% --
03/12/2021 03/12/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $290,000 -- --
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 $1,901 $38,930 $33,150 $5,780
2024 $1,631 $38,470 $34,250 $4,220
2023 $1,631 $38,470 $34,250 $4,220
2022 $1,275 $39,980 $35,600 $4,380
2021 $1,525 $36,410 $24,960 $11,450
2020 $470 $11,570 $10,590 $980
2019 $451 $11,570 $10,590 $980
2018 $412 $10,580 $9,870 $710
2016 $358 $10,150 $9,460 $690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 779535

Colorado Real Estate Network (CREN)

APN: R003851