NOT LISTED FOR SALE

47982 Highway 550 Durango, CO 81301

Estimated Value: $829,000 - $965,000

3 Beds
2 Baths
2,084 Sq Ft
$432/Sq Ft Est. Value

Sale Details

Date Sold: October 20, 2022

Last sale price $790,000 $379 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,934 / mo

135 Days on Market

Highlights

  • Lake View
  • A-Frame Home
  • Wood Burning Stove
  • Durango High School Rated A-
  • Deck
  • Wooded Lot

About This Home

As of October 2022

Durango Colorado alpine cabin vacation rental home known as A Frame of Mind Mountain Cabin. This home offers rustic mountain style and comfort in an A-frame mountain cabin. Featuring three bedrooms, two baths, a well-equipped modern kitchen, multiple decks and balconies, a large, open living room, mountain and lake views from windows and decks. Extremely easy access with highway frontage and a large parking area for multiple vehicles and toy trailer.

Last Agent to Sell the Property

Hal Lott

Legacy Properties West Sotheby's Int. Realty Listed on: 05/04/2022

Legacy Properties West Sotheby's Int. Realty

Last Buyer's Agent

Carrie Hladik

Coldwell Banker Mountain Properties

Coldwell Banker Mountain Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,153

Year Built

  • Built in 1970

Lot Details

  • 1.53 Acre Lot
  • Cleared Lot
  • Wooded Lot

HOA Fees

  • $33 Monthly HOA Fees

Property Views

  • Lake
  • Mountain

Home Design

  • A-Frame Home
  • Composition Roof
  • Cedar Siding
  • Stone Siding
  • Stick Built Home
  • Stone

Interior Spaces

  • 1.5-Story Property
  • Furnished
  • Tongue and Groove Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Window Treatments
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Unfinished Basement
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Shed
  • Outdoor Gas Grill

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heating System Powered By Leased Propane
  • Well
  • Water Heater
  • Water Purifier
  • Septic Tank
  • Septic System
  • Internet Available
  • Cable TV Available

Community Details

  • Association fees include road maintenance
  • Lake Of The Pines HOA

Listing and Financial Details

  • Assessor Parcel Number 508936201057

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,153

Year Built

Built in 1970

Lot Details

1.53 Acres

HOA Fees

$33 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Microwave, Water Purifier
  • Estimated Total Acres: 1.53
  • Class: RESIDENTIAL
  • Em Deposit: 20000
  • Em Holder: Title Company
  • Exterior Inclusions: Shed/Storage, Deck, Gas Grill, Balcony, Covered Porch
  • Interior Inclusions: Wood Stove, Window Coverings, Wired/Cable TV, All Furnishings, Cathedral Ceiling, Ceiling Fan(s), W/D Hookup, Skylight(s), T&G Ceilings
  • Legal Lot Block: Subdivision: LAKE OF THE PINES Lot: 39 LESS & EXCEPT THAT PORTION USED AS US HWY 550 AS SHOWN ON SURVEY OF RICHARD G CLARK 10-6-75 47982 N US HWY 550 DURANGO 81301
  • List Price per Sq Ft: 383.4
  • Lot Dimension: 1.53 Ac.
  • Lot Size Acreage: 1-1.99
  • Parcel Id Number: 508936201057
  • Price Per Sq Ft: 379.08
  • Property Description: Wooded Lot, Cleared
  • Real Estate Included: Yes
  • Residence Stories: 1.5 Story
  • Residence Style: A Frame
  • Sale/Rent: For Sale
  • Siding: Cedar, Stone
  • Sold Price Sq Ft: 379.08
  • Street Descriptionaccess: State Highway, Paved
  • Tax Account Id: 42134
  • Zoning: Residential Single Family
  • Type: Stick Built
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 1153.24
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 18

Interior Features

  • Dining Room: Kitchen Bar, Living Room Dining
  • Dining Room: Yes
  • Bedrooms: 3
  • Flooring: Carpet-Partial, Tile
  • Estimated Total Sq Ft: 2084
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 2
  • Total Bathrooms: 2
  • Family Room: Yes
  • Fireplace Location Type: Living Room, Woodstove
  • Foundation: Block, Basement-dug out, Basement-unfinished, Crawl Space
  • Great Room: Yes
  • Main Level Sq Ft: 1488
  • Master Bedrm Dimensions: 15X14
  • Master Bedroom Level: Upper Level
  • Total Office Den: 0
  • Upper Level Sq Ft: 596

Exterior Features

  • Construction Type: Concrete/Block, Wood Frame, Wood, Stone
  • Exterior Structures: Shed
  • Roof: Composition
  • Views: Mountains, Lake/Pond/Reservoir

Utilities

  • Utilities: Electric, Propane-Tank Leased, Cable TV, Internet, Phone - Cell Reception
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Heating System: Forced Air, Fireplace, Wood Stove
  • Sewer Supplier: Septic
  • Water Heater: Electric Water Heater
  • Water Supplier: Well
  • Water Well: Yes

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Road Maintenance
  • Hoametro Fees: 400
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: Lake of the Pines HOA

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

MLS Schools

  • Elementary School: Animas Valley K-5
  • Middle School: Miller 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Oct 20, 2022
Sold by
Martin Jason
Bought by
Williams Nathan and Williams Sophia
Seller's Agent
Hal Lott
Legacy Properties West Sotheby's Int. Realty
Buyer's Agent
Carrie Hladik
Coldwell Banker Mountain Properties
List Price
$900,000
Sold Price
$790,000
Premium/Discount to List
-$110,000
-12.22%
Current Estimated Value
$899,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,477
Avg. Annual Appreciation
3.76%
Original Mortgage
$632,000
Outstanding Balance
$605,803
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$293,674

Purchase Details

Closed on
Aug 21, 2020
Sold by
Martin Stephen and Martin Shelaine
Bought by
Martin Jason and Martin Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2019
Sold by
Shepard Ralph and Shepard Lisa
Bought by
Martin Stephen M and Martin Shelaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,060
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 1999
Bought by
Shepard Ralph and Shepard Lisa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Williams Nathan $790,000 --
Martin Jason $450,000 Colorado Ttl & Closing Svcs
Martin Stephen M $498,000 Colorado Title & Closing Ser
Shepard Ralph $152,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Nathan $632,000
Previous Owner Martin Jason $175,000
Previous Owner Martin Stephen M $258,060
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2022 10/20/22 Sold $790,000 -1.1% $379 / Sq Ft
09/16/2022 09/16/22 Pending -- -- --
09/11/2022 09/11/22 Price Changed $799,000 -8.5% $383 / Sq Ft
06/30/2022 06/30/22 Price Changed $873,000 -3.0% $419 / Sq Ft
05/04/2022 05/04/22 For Sale $900,000 -- $432 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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 $1,586 $46,060 $16,600 $29,460
2024 $1,358 $32,340 $11,750 $20,590
2023 $1,358 $35,350 $12,840 $22,510
2022 $1,148 $37,360 $13,570 $23,790
2021 $1,153 $27,800 $7,490 $20,310
2020 $1,036 $25,740 $8,490 $17,250
2019 $993 $25,740 $8,490 $17,250
2016 $880 $25,290 $9,070 $16,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 793051

Colorado Real Estate Network (CREN)

APN: R421342

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