V
Seller's Agent in 2022
Vicki Alper
The Columbine Group, LLC
(970) 946-7123
30 Total Sales
50827 Highway 550 Unit 340 Durango, CO 81301
Estimated Value: $148,000 - $683,000
1
Bed
1
Bath
425
Sq Ft
$463/mo
HOA Fee
Highlights
- Fitness Center
- Clubhouse
- Sauna
- Mountain View
- Deck
- Furnished
About This Home
As of February 2022Complete turnkey purchase! All furnishings are included! This surprisingly spacious studio is 425 sq. ft, and has been nicely upgraded with wood plank flooring, beautiful corner wood burning fireplace, kitchen with full size refrigerator/freezer, 4 burner electric cooktop, microwave, tile countertop, full-size bathroom with double sinks and jetted tub, locked ski closet & balcony. Whether as a first or second home, this unit is a great value in a fabulous mountain setting. Short–term rentals are allowed should you wish to do that in order to generate extra income when you are not using it (and this unit has an exceptional history for doing just that). Cascade Village provides fiber-optic high speed internet & land line phone. Incredible amenities, at no extra cost, include large indoor heated pool & jetted spa, outdoor jetted spa, men & women's sauna & lockers, game room, fitness center, tennis & pickle ball court, horse shoes, volleyball, stocked pond, firewood & complimentary shuttle to nearby Purgatory during ski season. Also included: professional management, building maintenance, landscaping, exterior lighting, insurance, roadway maintenance and reserves for future projects. Cascade Village is located at the start of the fabulous Million Dollar Highway (often voted one of the 5 most scenic drives in the US) in one of the most pristine settings in the San Juan Mountains (just between Durango & Silverton, CO). The Lift at Cascade restaurant and lounge is now open in the Lodge building
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $267
Year Built
- Built in 1982
HOA Fees
- $463 Monthly HOA Fees
Parking
- 2 Carport Spaces
Home Design
- Cedar Siding
Interior Spaces
- 425 Sq Ft Home
- 1-Story Property
- Furnished
- Mountain Views
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Outdoor Features
- Deck
Schools
- Animas Valley K-5 Elementary School
- Miller 6-8 Middle School
- Durango 9-12 High School
Utilities
- Baseboard Heating
- Water Heater
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 50891230080340
Community Details
Overview
- Association fees include building maintenance, insurance, irrigation, landscaping, trash, snow removal, fitness facility, internet, road maintenance, wifi, telephone
- Cascade Village Community Association
Amenities
- Sauna
- Clubhouse
- Laundry Facilities
Recreation
- Tennis Courts
- Fitness Center
- Community Pool
- Community Spa
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 1, 2020
Sold by
Polinsky Alex E
Bought by
Leonhard Gary R and Larson Annelle I
Total Days on Market
41
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,375
Outstanding Balance
$46,184
Interest Rate
3%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 16, 2019
Sold by
Tripp Alice G
Bought by
Polinsky Alex E
Purchase Details
Closed on
Oct 5, 2012
Sold by
Joyce Sandra K and Ramsier Ronda Sue
Bought by
Tripp Alice G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
3.61%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Leonhard Gary R | $68,500 | Colorado Ttl & Closing Svcs | |
| Polinsky Alex E | $55,000 | Land Title Guarantee Company | |
| Tripp Alice G | $39,000 | Land Title Guarantee Compnay |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Leonhard Gary R | $51,375 | |
| Previous Owner | Tripp Alice G | $27,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/25/2022 02/25/22 | Sold | $218,000 | +3.8% | $513 / Sq Ft |
| 01/15/2022 01/15/22 | Pending | -- | -- | -- |
| 01/10/2022 01/10/22 | For Sale | $210,000 | 0.0% | $494 / Sq Ft |
| 12/10/2021 12/10/21 | Pending | -- | -- | -- |
| 12/05/2021 12/05/21 | For Sale | $210,000 | -- | $494 / Sq Ft |
Source: Colorado Real Estate Network (CREN)
Tax History Compared to Growth
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 | $15,619 | $0 | $15,619 |
| 2023 | $530 | $7,767 | $0 | $7,767 |
| 2022 | $294 | $6,789 | $0 | $6,789 |
| 2021 | $292 | $6,908 | $0 | $6,908 |
| 2020 | $267 | $6,372 | $0 | $0 |
| 2019 | $267 | $6,372 | $0 | $6,372 |
| 2018 | $299 | $7,027 | $0 | $7,027 |
| 2017 | $297 | $73,380 | $0 | $0 |
| 2016 | $228 | $5,700 | $0 | $0 |
| 2015 | $211 | $5,700 | $0 | $0 |
| 2014 | $211 | $5,444 | $0 | $0 |
| 2013 | -- | $5,444 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Vicki Alper
-
Sarah Schoenfelder
Buyer's Agent in 2022
Sarah Schoenfelder
RE/MAX
(512) 417-6500
34 Total Sales
Map
Similar Homes in Durango, CO
Source: Colorado Real Estate Network (CREN)
MLS Number: 789003
APN: 50891230080340
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