NOT LISTED FOR SALE

478 Monarch Crest Trail Durango, CO 81301

Edgemont Neighborhood

Estimated Value: $2,102,527 - $2,428,000

4 Beds
4.5 Baths
4,957 Sq Ft
$461/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $1,845,000 $372 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $12,694/month

5 Days on Market

Highlights

  • Media Room
  • 1.79 Acre Lot
  • Clubhouse
  • Durango High School Rated A-
  • Mountain View
  • Fireplace in Bedroom

About This Home

As of July 2021

Welcome to 478 Monarch Crest Trail- one of the most sought after addresses in Durango. This custom 4957 SF home is nestled in the tall pines on 1.8 acres- one of the largest lots in the Edgemont development. Built in 2007 by award winning custom-home builder, Veritas Fine Homes, this home offers 4 BD, 4.5 BA, office, living room, rec room, and theatre room. The floor plan is functional and thoughtful with the main level featuring a dreamy master suite (laundry room directly off of closet) with spa-like bathroom and big walk-in closet; living room with cathedral ceilings and exposed timber frame; chef's kitchen; dining room; and utility room just off of the heated garage with dog wash. The main level can be accessed without any steps. Upstairs are two bedrooms, each with their own bathroom and a separate reading area. Downstairs is an additional guest suite with separate access, if needed. The lower level family room has a gas fireplace; wet bar with full refrigerator/freezer, dishwasher, and sink; and home theatre. There is ample storage throughout this home. You will find all of the bells and whistles including custom metal work, floor to ceiling rock fireplace, stacked stone pillars, hardwood floors, solid granite slab counters, custom built-ins, air conditioning, humidifier, and more. Enjoy the great outdoors on one of the numerous patios or the built-in fire pit area (plumbed with natural gas). A tranquil water feature compliments the gorgeous perennial gardens and large lawn. There is an electric dog fence to keep the pets on property. The subdivision features over 200 acres of dedicated open space throughout the subdivision with access to miles of groomed walking and hiking trails, herb garden, and over a mile and a half of beautiful Florida River fly fishing, and wildlife watching. The location enjoys quick and easy access to the hospital and the airport via CR 234. Only a fifteen-minute drive to downtown amenities yet with all the peace and tranquility of a mountain property. The Metro District services the subdivision with central water and sewer; road maintenance; snow removal. Click on the virtual tour link to see a 3D floor plan and take a walkthrough of this beautiful home.

Last Agent to Sell the Property

Abbi Munn

The Wells Group of Durango, LLC Listed on: 06/07/2021

Co-Listed By

Joe Bob Mcguire

The Wells Group of Durango, LLC

Last Buyer's Agent

Bobbie Carll

Coldwell Banker Mountain Properties

Coldwell Banker Mountain Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 1.79 Acre Lot
  • Cul-De-Sac
  • Electric Fence
  • Landscaped
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $135 Monthly HOA Fees

Home Design

  • Composition Roof
  • Wood Siding
  • Metal Siding
  • Stone Siding
  • Stick Built Home
  • Stucco

Interior Spaces

  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Wood Frame Window
  • Mud Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Media Room
  • Den with Fireplace
  • Game Room
  • Mountain Views
  • Walk-Out Basement
  • Home Security System
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Double Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Bedroom
  • Walk-In Closet

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 567107211040

Community Details

Overview

  • Association fees include snow removal, fishing rights, road maintenance
  • Edgemont Highlands HOA

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$135 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Range Top, Refrigerator, Dishwasher, Disposal, Microwave, Double Oven
  • Estimated Total Acres: 1.79
  • Class: RESIDENTIAL
  • Common Facilities: Club House
  • Em Deposit: $50,000
  • Em Holder: Title Company
  • Exterior Inclusions: Landscaping, Patio, Deck, Lawn Sprinklers, Balcony
  • Interior Inclusions: Window Coverings, Cathedral Ceiling, Ceiling Fan(s), W/D Hookup, Wet Bar, Vaulted Ceiling, Granite Counters, Pantry, Security System, Walk In Closet, Garage Door Opener, Game Room, Media Room, Mud Room, Heated Garage
  • Legal Lot Block: Subdivision: EDGEMONT HIGHLANDS PH2B Lot: 157 EDGEMONT HIGHLANDS PH 2B PROJ 2004-0222 478 MONARCH CREST TRL DURANGO 81301
  • List Price per Sq Ft: 373.21
  • Lot Dimension: Rectangle
  • Lot Size Acreage: 1-1.99
  • Parcel Id Number: 567107211040
  • Price Per Sq Ft: 372.2
  • Property Attached: Yes
  • Property Description: Wooded Lot, Cul-de-sac
  • Real Estate Included: Yes
  • Residence Stories: 3 Story+
  • Sale/Rent: For Sale
  • Siding: Metal, Stone, Stucco, Wood
  • Sold Price Sq Ft: 372.2
  • Street Descriptionaccess: Paved
  • Street Designation: Trail
  • Zoning: Residential Single Family
  • Type: Stick Built
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: $4,495.36
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2968

Interior Features

  • Dining Room: Kitchen Bar, Separate Dining
  • Bedrooms: 4
  • Flooring: Carpet-Partial, Hardwood, Slate, Tile
  • Estimated Total Sq Ft: 4957
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 5
  • Fireplace Location Type: Gas Logs, Bedroom, Living Room, Den/Family Room
  • Foundation: Basement-walk out
  • Lower Level Sq Ft: 1305
  • Main Level Sq Ft: 2698
  • Master Bedroom Level: Main Level
  • Total Office Den: 0
  • Upper Level Sq Ft: 832

Exterior Features

  • Fence: Electric
  • Windows: Double Pane, Wood
  • Construction Type: Wood Frame
  • Roof: Composition
  • Views: Mountains

Garage/Parking

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

Utilities

  • Utilities: Electric, Natural Gas, Internet
  • Cooling: Central A/C
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Heating System: Forced Air, Fireplace
  • Sewer Supplier: Edgemont Ranch Metro District
  • Water Heater: Gas Water Heater
  • Water Supplier: Edgemont Ranch Metro District

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Snow Removal, Fishing Rights, Road Maintenance
  • Hoametro Fees: $135
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: Edgemont Highlands

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

MLS Schools

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

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Jul 9, 2021
Sold by
Nelson Robert John and Nelson Angela Kay
Bought by
Molloy Peter and Krahl Leslie D
Seller's Agent
Abbi Munn
The Wells Group of Durango, LLC
Buyer's Agent
Bobbie Carll
Coldwell Banker Mountain Properties
List Price
$1,850,000
Sold Price
$1,845,000
Premium/Discount to List
-$5,000
-0.27%
Current Estimated Value
$2,284,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,382
Avg. Annual Appreciation
4.87%

Purchase Details

Closed on
Jun 4, 2019
Sold by
Meyer Eric C and Meyer Janelle M
Bought by
Nelson Robert John and Nelson Angela Kay

Purchase Details

Closed on
Jul 31, 2018
Sold by
The Nicholas And Tammy Lambros Family Tr
Bought by
Meyer Eric C and Meyer Janelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,102,500
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 24, 2016
Sold by
Meyer Eric C and Meyer Janelle M
Bought by
Meyer Eric C and Meyer Janelle M

Purchase Details

Closed on
May 11, 2012
Sold by
Meyer Eric C and Meyer Janelle M
Bought by
Meyer Family Trust

Purchase Details

Closed on
Aug 30, 2006
Sold by
Highlands Development Ii Llc
Bought by
Meyer Eric C and Meyer Janelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,175
Interest Rate
6.79%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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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
Molloy Peter $1,845,000 None Available
Nelson Robert John $1,285,000 Capital Title
Meyer Eric C $1,225,000 Land Title Gurantee Co
Meyer Eric C -- Colorado Title
Meyer Family Trust -- None Available
Meyer Eric C $260,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meyer Eric C $1,102,500
Previous Owner Meyer Eric C $37,175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2021 07/09/21 Sold $1,845,000 -0.3% $372 / Sq Ft
06/12/2021 06/12/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $1,850,000 -- $373 / 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 $7,361 $138,010 $20,000 $118,010
2024 $6,524 $130,180 $15,120 $115,060
2023 $6,524 $134,150 $15,580 $118,570
2022 $4,830 $138,870 $16,130 $122,740
2021 $4,889 $95,980 $14,400 $81,580
2020 $4,495 $90,210 $14,680 $75,530
2019 $5,260 $109,100 $14,680 $94,420
2018 $4,633 $95,450 $15,060 $80,390
2017 $4,582 $95,450 $15,060 $80,390
2016 $4,395 $97,330 $16,140 $81,190
2015 $4,203 $97,330 $16,140 $81,190
2014 -- $86,520 $14,010 $72,510
2013 -- $86,520 $14,010 $72,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 782902

Colorado Real Estate Network (CREN)

APN: R427723