NOT LISTED FOR SALE

50827 Highway 550 Unit 48 Durango, CO 81301

Estimated Value: $678,000 - $971,342

3 Beds
3 Baths
2,220 Sq Ft
$808/mo HOA Fee

Last Sold July 07, 2020

Last sale price $480,000 $216 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,557/month

6 Days on Market

Highlights

  • Fitness Center
  • Near a National Forest
  • Deck
  • Mountain View
  • Clubhouse
  • Living Room with Fireplace

About This Home

As of July 2020

The absolute premier condo at Cascade Village. Stunning views through out with an enormous deck facing Engineer Mountain. Located at the far north end of the complex provided ultimate privacy. At 2220 sq ft the fully remodeled condo has it all. Beautiful wood and tile flooring, spacious kitchen with upscale stainless appliances, granite slab counter top, custom log mantle over wood burning fireplace, easy flowing floor plan, huge amount of storage, this 3 bedroom, 3 bath provides everything one could want. one bedroom & bath is located on the main bedroom; the master suite, third bedroom and bath and loft are located upstairs.

Last Listed By

Vicki Alper

The Columbine Group, LLC Listed on: 06/05/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,360

Year Built

  • Built in 1984

HOA Fees

  • $808 Monthly HOA Fees

Home Design

  • Composition Roof
  • Cedar Siding

Interior Spaces

  • 2,220 Sq Ft Home
  • Furnished
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Basement Garage

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
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 50891230080048

Community Details

Overview

  • Association fees include building maintenance, insurance, trash, snow removal, fitness facility, internet, management, road maintenance, wifi, telephone
  • Cascade Village Community Association
  • Cascade Village Subdivision
  • Near a National Forest

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,360

Year Built

Built in 1984

Lot Details

0

HOA Fees

$808 per month

Listing Details

  • Appliance Inclusions: Refrigerator, Washer, Dishwasher, Disposal, Dryer, Microwave
  • Class: RESIDENTIAL
  • Common Facilities: Club House, Pool, Tennis Courts, Sauna, Fitness Facility, Hot Tub
  • Em Deposit: 10000.
  • Em Holder: Colorado Title Services
  • Exterior Inclusions: Deck
  • Interior Inclusions: All Furnishings
  • Legal Lot Block: Unit 48 Cascade Layout-Building BB-Engineer-Cascade Village
  • Parcel Id Number: 50891230080048
  • Price Per Sq Ft: 216.22
  • Property Description: Borders National Forest
  • Real Estate Included: Yes
  • Realist Id: 50891230080048
  • Sale/Rent: For Sale
  • Siding: Cedar
  • Sold Price Sq Ft: 216.22
  • Street Descriptionaccess: Paved
  • Street Designation: Highway
  • Type: Condo
  • Hoa Dogs Allowed: Yes-w/restrictions
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Provider: Brainstorm
  • Internet Service: Yes
  • Total Taxes Dollar: 1360.
  • Year Built: 1984
  • Foreign Owned Y N: No
  • Prop Description Remarks: The absolute premier condo at Cascade Village. Stunning views through out with an enormous deck facing Engineer Mountain. Located at the far north end of the complex provided ultimate privacy. At 2220 sq ft the fully remodeled condo has it all. Beautiful wood and tile flooring, spacious kitchen with upscale stainless appliances, granite slab counter top, custom log mantle over wood burning fireplace, easy flowing floor plan, huge amount of storage, this 3 bedroom, 3 bath provides everything one could want. one bedroom & bath is located on the main bedroom; the master suite, third bedroom and bath and loft are located upstairs.
  • Subdv Name: Cascade Village
  • Unit Suite Number: 48
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room: Kitchen Bar, Living Room Dining
  • Bedrooms: 3
  • Flooring: Tile, Carpet-Partial, Hardwood
  • Estimated Total Sq Ft: 2220
  • Full Bathrooms: 3
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Fireplace Location Type: Living Room
  • Master Bedroom Level: Upper Level
  • Total Office Den: 0

Exterior Features

  • Construction Type: Wood
  • Pool: Community
  • Roof: Composition
  • Views: Mountains

Garage/Parking

  • Garage Type: Basement Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Electric, Phone - Landline, Internet, Phone - Cell Reception
  • Electric Supplier: La Plata Electric Association
  • Heating System: Electric Baseboard
  • Water Heater: Electric Water Heater
  • Water Supplier: Grizzly Peak Water Sales and Distribution

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Building Maintenance, Insurance, Trash, Snow Removal, Fitness Facility, Internet, Management, Road Maintenance, WiFi, Telephone
  • Hoametro Fees: 808.20
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: Cascade Village Community Association

Schools

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

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2019

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
Jul 12, 2022
Sold by
Richard Osborne
Bought by
Osbyco Llc
Total Days on Market
6
Current Estimated Value
$821,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Outstanding Balance
$369,814
Interest Rate
5.23%
Mortgage Type
Balloon
Estimated Equity
$455,281

Purchase Details

Closed on
Jul 7, 2022
Sold by
Reller and Judy
Bought by
Darby Dee and Osborne Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Outstanding Balance
$369,814
Interest Rate
5.23%
Mortgage Type
Balloon
Estimated Equity
$455,281

Purchase Details

Listed on
Jun 5, 2020
Closed on
Jul 7, 2020
Sold by
Carey James T and Reller Claude
Bought by
Reller Claude and Reller Judy
Seller's Agent
Vicki Alper
The Columbine Group, LLC
Buyer's Agent
Vicki Alper
The Columbine Group, LLC
List Price
$525,000
Sold Price
$480,000
Premium/Discount to List
-$45,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.87%
Original Mortgage
$384,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2016
Sold by
Dehaven Greg R and De Haven Rosemary M
Bought by
Carey James T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
3.45%
Mortgage Type
Commercial

Range of Values:

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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
Osbyco Llc -- None Listed On Document
Darby Dee $885,000 None Listed On Document
Reller Claude $480,000 Colorado Ttl & Closing Svcs
Carey James T $430,000 Colorado Title & Closing Ser
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Darby Dee $385,000
Previous Owner Reller Claude $384,000
Previous Owner Carey James T $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2020 07/07/20 Sold $480,000 -8.6% $216 / Sq Ft
06/11/2020 06/11/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $525,000 -- $236 / 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 $2,366 $56,673 $0 $56,673
2023 $2,366 $7,767 $0 $7,767
2022 $1,492 $34,430 $0 $34,430
2021 $1,492 $35,344 $0 $35,344
2020 $1,356 $32,398 $0 $0
2019 $1,360 $32,398 $0 $32,398
2018 $956 $22,463 $0 $22,463
2017 $951 $287,770 $0 $0
2016 $853 $21,331 $0 $0
2015 $706 $21,331 $0 $0
2014 $706 $18,217 $0 $0
2013 -- $18,217 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Colorado Real Estate Network (CREN)

MLS Number: 770416

Colorado Real Estate Network (CREN)

APN: 50891230080048