NOT LISTED FOR SALE

50827 Highway 550 Unit 309 Durango, CO 81301

Estimated Value: $154,599 - $278,000

-- Bed
1 Bath
375 Sq Ft
$505/mo HOA Fee

Last Sold June 20, 2025

Last sale price $145,500 $388 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,557/month

416 Days on Market

About This Home

As of June 2025

Stunning views from this affordable studio unit in desirable Cascade Village. Comes furnished and immediately usable! High country fun all summer long. Short term rentals are allowed. Most affordable unit in Cascade village. HOA fee covers snow removal, firewood, building insurance, exterior maintenance, internet and telephone. Family friendly Purgatory ski area just 2 miles away. More than just a ski area Purgatory has loads of summer activities, including mountain biking, a roller coaster, restaurants and hiking. Southwest Colorado magic!

Last Agent to Sell the Property

Stuart Way

The Wells Group of Durango, LLC Listed on: 04/05/2024

Last Buyer's Agent

Stuart Way

The Wells Group of Durango, LLC Listed on: 04/05/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $528

Year Built

  • Built in 1982

HOA Fees

  • $505 Monthly HOA Fees

Parking

  • 1 Carport Space

Interior Spaces

  • 1 Full Bathroom
  • 375 Sq Ft Home
  • Furnished

Schools

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

Utilities

  • Internet Available

Community Details

  • Cascade Village HOA
  • Cascade Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50891230080309

Property Details

Home Type

Condominium

Est. Annual Taxes

$528

Year Built

Built in 1982

Lot Details

0

HOA Fees

$505 per month

Listing Details

  • Class: RESIDENTIAL
  • Em Deposit: 5000
  • Em Holder: Title Durango
  • Legal Lot Block: UNIT 309 Nugget Studio Layout - Silverton suites - Cascade Village
  • Parcel Id Number: 50891230080309
  • Price Per Sq Ft: 388
  • Real Estate Included: Yes
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 388
  • Street Designation: Highway
  • Type: Condo
  • Hoa Dogs Allowed: Yes-w/restrictions
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Service: Yes
  • Total Taxes Dollar: 528.30
  • Year Built: 1982
  • Foreign Owned Y N: No
  • Prop Description Remarks: Stunning views from this affordable studio unit in desirable Cascade Village. Comes furnished and immediately usable! High country fun all summer long. Short term rentals are allowed. Most affordable unit in Cascade village. HOA fee covers snow removal, firewood, building insurance, exterior maintenance, internet and telephone. Family friendly Purgatory ski area just 2 miles away. More than just a ski area Purgatory has loads of summer activities, including mountain biking, a roller coaster, restaurants and hiking. Southwest Colorado magic!
  • Subdv Name: Cascade Village
  • Unit Suite Number: 309
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Estimated Total Sq Ft: 375
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Main Level Sq Ft: 375
  • Total Office Den: 0

Garage/Parking

  • Carport: Yes
  • Carport Spaces: 1

Utilities

  • Electric Supplier: La Plata Electric Association
  • Water Supplier: Grizzly Peak Water Sales and Distribution

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 505
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: Cascade Village

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2009
Sold by
Klody Kelly and Klody Chris
Bought by
Wehrman Gary
Current Estimated Value
$191,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Outstanding Balance
$26,477
Interest Rate
5.13%
Mortgage Type
Commercial
Estimated Equity
$164,923
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
Wehrman Gary $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wehrman Gary $42,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2025 06/20/25 Sold $145,500 -3.0% $388 / Sq Ft
05/26/2025 05/26/25 Pending -- -- --
05/23/2025 05/23/25 Price Changed $150,000 -11.7% $400 / Sq Ft
03/13/2025 03/13/25 Price Changed $169,900 -2.9% $453 / Sq Ft
01/12/2025 01/12/25 Price Changed $175,000 -12.1% $467 / Sq Ft
10/28/2024 10/28/24 Price Changed $199,000 -4.8% $531 / Sq Ft
08/26/2024 08/26/24 Price Changed $209,000 -7.1% $557 / Sq Ft
04/05/2024 04/05/24 For Sale $225,000 -- $600 / 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
2024 $530 $11,845 $0 $0
2023 $530 $7,767 $0 $7,767
2022 $472 $10,890 $0 $10,890
2021 $470 $11,126 $0 $11,126
2020 $291 $6,944 $0 $0
2019 $292 $6,944 $0 $6,944
2018 $231 $5,428 $0 $5,428
2017 $471 $51,160 $0 $0
2016 $405 $4,602 $0 $0
2015 $211 $4,602 $0 $0
2014 $211 $5,444 $0 $0
2013 -- $5,444 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stuart Way

    Seller's Agent in 2025

    Stuart Way

    The Wells Group of Durango, LLC

    (970) 799-5721

    95 Total Sales

    Stuart Way
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 812267

Colorado Real Estate Network (CREN)

APN: 50891230080309

Colorado San Juan County Durango 81301

50827 Highway 550 Unit 309, Durango, CO

Not Listed for Sale

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