$2,050,000
SOLD MAY 16, 2025

500 Sheol St Unit 8 Durango, CO 81301

5 Beds
4 Baths
2,878 Sq Ft
$1,280/mo HOA Fee

Recently Sold

$712 Per Sq Ft

7% Below List Price

287 Days on Market

Highlights

  • Ski Accessible
  • Fitness Center
  • Clubhouse
  • Durango High School Rated A-
  • Mountain View
  • Fireplace in Bedroom

About This Home

As of May 2025

Luxury Resort Townhome with Unbeatable Slopeside Location! Experience the pinnacle of mountain living with this exceptional five-bedroom slopeside townhome at Purgatory Resort. Situated as an end unit in a coveted location, this rare gem offers unparalleled convenience and privacy just steps from the main lift. From sunrise to sunset, enjoy panoramic views of the slopes from the main living area, and unwind with stunning vistas of the Needles Mountains from every bedroom. The southernmost positioning enhances natural light throughout, creating an inviting atmosphere. This beautiful home has travertine flooring, majestic timber accents, and cherry cabinetry. Cozy up by the stone gas fireplace after a day on the slopes. The kitchen is equipped with brand-new Bosch appliances, granite countertops and solid cherry cabinetry. There are beautiful solid wood and stone details throughout the main living area. The lower level presents a versatile space with a sizable bunkroom featuring its own private bath—a perfect retreat for children, grandchildren, or as a media and game room for entertaining guests. Offered fully furnished and impeccably maintained, this townhome presents an exceptional opportunity for both personal enjoyment and as a lucrative vacation rental investment. As an owner, you’ll have exclusive access to Purgatory Resort’s extensive amenities, including a year-round outdoor heated pool and hot tub, a state-of-the-art fitness area and spa, and a private restaurant for dining convenience. Enjoy leisurely afternoons in the owner’s lounge and game room or take advantage of the resort’s tennis courts and exclusive discounts at all on-site shops and restaurants. Don’t miss your chance to own this extraordinary slopeside retreat at Purgatory Resort. Whether you’re seeking a luxurious vacation home or a profitable vacation rental, this townhome promises comfort, style, and convenience in one of Colorado’s premier mountain destinations. Schedule your private showing today to experience incredible mountain resort living!

Last Agent to Sell the Property

Phil

Durango Mountain Realty LLC Listed on: 07/03/2024

Last Buyer's Agent

Sean Wren

Durango Mountain Realty LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,990

Year Built

  • Built in 2001

Lot Details

  • Cul-De-Sac
  • Landscaped

HOA Fees

  • $1,280 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Slab Foundation
  • Architectural Shingle Roof
  • Cedar Siding
  • Stone Siding

Interior Spaces

  • 2,878 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Sound System
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Fireplace Features Blower Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Wood Frame Window
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 4 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Attached Garage
  • Heated Garage

Outdoor Features

  • Balcony
  • Deck
  • Patio

Schools

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

Utilities

  • Heating System Uses Propane
  • Propane Water Heater
  • High Speed Internet
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 508924318024

Community Details

Overview

  • Association fees include building maintenance, insurance, irrigation, landscaping, trash, snow removal, parking, road maintenance
  • Elkpoint HOA
  • Elkpoint Twnhme Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park
  • Ski Accessible

Pet Policy

  • Dogs Allowed

Additional Features

  • Clubhouse
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,990

Year Built

Built in 2001

Lot Details

0

HOA Fees

$1,280 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave, Compactor
  • Class: RESIDENTIAL
  • Common Facilities: Club House, Pool, Spa, Tennis Courts, Park, Fitness Facility, Hot Tub, Playground
  • Em Deposit: 50000
  • Em Holder: Title Company
  • Exterior Inclusions: Landscaping, Patio, Deck, Balcony
  • Fronts: Ski Slopes
  • Interior Inclusions: Window Coverings, Wired/Cable TV, All Furnishings, Ceiling Fan(s), W/D Hookup, Sound System, Vaulted Ceiling, Granite Counters, Jetted Tub, Walk In Closet, Fire Sprinklers, Heated Garage
  • Legal Lot Block: Subdivision:ELKPOINT TOWNHOMES Lot: 8AS BUILT #8229462/4/02 PROJ #2001-267500
  • Parcel Id Number: 508924318024
  • Price Per Sq Ft: 712.3
  • Property Attached: Yes
  • Property Description: Cul-de-sac, Ski In/Ski Out, Skier Access
  • Real Estate Included: Yes
  • Residence Stories: Three Story
  • Residence Style: Contemporary
  • Sale/Rent: For Sale
  • Siding: Cedar, Stone
  • Sold Price Sq Ft: 712.3
  • Street Descriptionaccess: Paved, Cul-de-Sac, Private Winter Maintenanc
  • Street Designation: Street
  • Type: Townhouse
  • Hoa Dogs Allowed: Yes
  • HOA Fees: Yes
  • Internet Service: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 5990
  • Year Built: 2001
  • Foreign Owned Y N: No
  • Prop Description Remarks: Luxury Resort Townhome with Unbeatable Slopeside Location! Experience the pinnacle of mountain living with this exceptional five-bedroom slopeside townhome at Purgatory Resort. Situated as an end unit in a coveted location, this rare gem offers unparalleled convenience and privacy just steps from the main lift. From sunrise to sunset, enjoy panoramic views of the slopes from the main living area, and unwind with stunning vistas of the Needles Mountains from every bedroom. The southernmost positioning enhances natural light throughout, creating an inviting atmosphere. This beautiful home has travertine flooring, majestic timber accents, and cherry cabinetry. Cozy up by the stone gas fireplace after a day on the slopes. The kitchen is equipped with brand-new Bosch appliances, granite countertops and solid cherry cabinetry. There are beautiful solid wood and stone details throughout the main living area. The lower level presents a versatile space with a sizable bunkroom featuring its own private bath—a perfect retreat for children, grandchildren, or as a media and game room for entertaining guests. Offered fully furnished and impeccably maintained, this townhome presents an exceptional opportunity for both personal enjoyment and as a lucrative vacation rental investment. As an owner, you’ll have exclusive access to Purgatory Resort’s extensive amenities, including a year-round outdoor heated pool and hot tub, a state-of-the-art fitness area and spa, and a private restaurant for dining convenience. Enjoy leisurely afternoons in the owner’s lounge and game room or take advantage of the resort’s tennis courts and exclusive discounts at all on-site shops and restaurants. Don’t miss your chance to own this extraordinary slopeside retreat at Purgatory Resort. Whether you’re seeking a luxurious vacation home or a profitable vacation rental, this townhome promises comfort, style, and convenience in one of Colorado’s premier mountain destinations. Schedule your private showing today to experience incredible mountain resort living!
  • Subdv Name: ElkPoint Twnhme
  • Unit Suite Number: 8
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 20

Interior Features

  • Dining Room: Kitchen Bar, Kitchen/Dining
  • Bedrooms: 5
  • Flooring: Carpet-Partial, Hardwood, Slate, Tile
  • Estimated Total Sq Ft: 2878
  • Bathrooms Description: 4 full
  • Full Bathrooms: 4
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 4
  • Family Room: Yes
  • Fireplace Location Type: Fireplace Blowers, Gas Logs, Glass Doors, Bedroom, Living Room
  • Foundation: Slab, Concrete
  • Great Room: Yes
  • Master Bedroom Level: Upper Level
  • Total Office Den: 0

Exterior Features

  • Windows: Double Pane, Wood
  • Construction Type: Wood Frame
  • Pool: Community
  • Roof: Architectural Shingles
  • Views: Mountains

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 1

Utilities

  • Utilities: Electric, Cable TV, Internet, Internet - DSL, Phone - Cell Reception, Phone - Landline
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Durango Mountain Utilities
  • Heating System: Floor Radiant
  • Sewer Supplier: Purgatory Metropolitan District
  • Water Heater: Propane Water Heater
  • Water Supplier: Purgatory Metropolitan District

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Building Maintenance, Insurance, Irrigation, Landscaping, Trash, Snow Removal, Parking, Road Maintenance
  • Hoametro Fees: 3839
  • HOA Metro Fees Frequency: Quarterly
  • Hoa Name: Elkpoint

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

MLS Schools

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

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2024
Closed on
May 16, 2025
Sold by
Funderburk Jason and Klemp Emily J
Bought by
Stewart Russell G and Stewart Terry L
Seller's Agent
Phil
Durango Mountain Realty LLC
Buyer's Agent
Sean Wren
Durango Mountain Realty LLC
List Price
$2,200,000
Sold Price
$2,050,000
Premium/Discount to List
-$150,000
-6.82%
Views
75
Current Estimated Value
$2,019,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,974
Avg. Annual Appreciation
-2.18%

Purchase Details

Closed on
Aug 31, 2020
Sold by
Merritt Robb L and Shaw Stephen W
Bought by
Funderburk Jason and Klemp Emily J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$676,800
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2005
Sold by
Merritt Robb L and Swatko Gary J
Bought by
Merritt Robb L and Swatko Gary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$538,600
Interest Rate
5.87%
Mortgage Type
Assumption

Purchase Details

Closed on
May 21, 2002
Bought by
Merritt Robb L and Swatko Gary J
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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Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,050,000 Land Title Guarantee
Warranty Deed -- Colorado Title & Closing Servi
Interfamily Deed Transfer -- Land Title
Special Warranty Deed $742,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $676,800 New Conventional
Previous Owner $538,600 Assumption
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2025 05/16/25 Sold $2,050,000 -6.8% $712 / Sq Ft
04/16/2025 04/16/25 Pending -- -- --
07/03/2024 07/03/24 For Sale $2,200,000 -- $764 / 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 $5,999 $97,160 $17,930 $79,230
2024 $5,445 $78,570 $14,630 $63,940
2023 $5,445 $86,440 $15,330 $71,110
2022 $4,293 $89,470 $15,900 $73,570
2021 $4,347 $63,190 $16,360 $46,830
2020 $4,248 $62,880 $15,820 $47,060
2019 $0 $65,500 $15,400 $50,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 815576

Colorado Real Estate Network (CREN)

APN: R423963