NOT LISTED FOR SALE

521 Kaycee Ln Durango, CO 81303

Estimated Value: $1,980,000 - $2,643,000

3 Beds
4 Baths
4,932 Sq Ft
$477/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $1,690,000 $343 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $13,072/month

Highlights

  • River Front
  • Home fronts a pond
  • 2 Home Offices
  • Durango High School Rated A-
  • 39 Acre Lot
  • 4 Car Detached Garage

About This Home

As of August 2021

A rare opportunity to own 39 +/- acres on the Animas River just minutes from Durango. Located south of Durango (just over a mile from the River Road, Highway 160/550 intersection) this 4932 sf home offers plenty of options for a new owner. The property has .15 CFS of deeded water rights with an existing pumping station in place. This provides the new owner with plenty of landscaping options for this terrific blank canvas. The property already has a large and deep pond adequate for stocking fish, also ideal for recreation including swimming and cooling off in the summer. The two story main home also has a partial basement. It is oriented towards the north offering terrific views of the La Platas. Located below a natural bench, the home is very private - you feel like you are miles from town yet you are virtually minutes from town. Located on the banks of the Animas River with ownership to the center of the river for close to 2,000 feet of private river access, you can enjoy excellent fishing, rafting, kayaking and of course enjoyment of the sight and sounds of the river year-round. There is a large 48 foot by 24 foot detached garage complete with a 576 square foot office above the garage. This partially finished office has a ¾ bath currently but the office could be converted to a living unit very easily. The property has many options including being a primary home, second home or vacation rental (with the proper approvals from the county). Another option is this property could be subdivided into additional single family lots. Being a rare riverfront property close to town this property is in an ideal location with endless options.

Last Agent to Sell the Property

John Wells

The Wells Group of Durango, LLC Listed on: 06/01/2021

Co-Listed By

Joe Bob Mcguire

The Wells Group of Durango, LLC

Last Buyer's Agent

Kathy Hall

Coldwell Banker Mountain Properties

Coldwell Banker Mountain Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,858

Year Built

  • Built in 1996

Lot Details

  • 39 Acre Lot
  • Home fronts a pond
  • River Front

Parking

  • 4 Car Detached Garage

Home Design

  • Stick Built Home

Interior Spaces

  • 4,932 Sq Ft Home
  • Fireplace
  • 2 Home Offices

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Park K-5 Elementary School
  • Escalante 6-8 Middle School
  • Durango 9-12 High School

Utilities

  • Boiler Heating System
  • Irrigation Water Rights
  • Well
  • Gas Water Heater
  • Septic Tank
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 590508200610

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,858

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Estimated Irrigation Acres: 0.15
  • Estimated Total Acres: 39
  • Class: RESIDENTIAL
  • Em Deposit: 50,000
  • Em Holder: CTS
  • Legal Lot Block: see map in associated docs for GIS map. Legal TBD by title co.
  • List Price per Sq Ft: 363.95
  • Lot Size Acreage: 35+
  • Parcel Id Number: 590508200610
  • Price Per Sq Ft: 342.66
  • Property Attached: Yes
  • Real Estate Included: Yes
  • Realist Id: 5905-082-00-610
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 342.66
  • Street Designation: Lane
  • Waterfront Type: River, Pond
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Service: Yes
  • Total Taxes Dollar: 4858.40
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Estimated Total Sq Ft: 4932
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 3
  • Total Bathrooms: 4
  • Total Office Den: 2

Exterior Features

  • Waterfront: Yes

Garage/Parking

  • Garage Type: Detached Garage
  • Garage: Yes
  • Garage Capacity: 4

Utilities

  • Electric Supplier: La Plata Electric Association
  • Heating System: Boiler, Fireplace
  • Irrigation Water Description Amount: .15 CFS of deeded water rights
  • Irrigation Water District: Animas River
  • Sewer Supplier: Septic
  • Water Heater: Gas Water Heater
  • Water Rights Irrigation: Yes
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 182762

Schools

  • Elementary School: Park K-5
  • Middle School: Escalante 6-8
  • High School: Durango 9-12
  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

MLS Schools

  • Elementary School: Park K-5
  • Middle School: Escalante 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Aug 11, 2021
Sold by
Five Carter Llc
Bought by
Animas Island Llc
Seller's Agent
John Wells
The Wells Group of Durango, LLC
Buyer's Agent
Kathy Hall
Coldwell Banker Mountain Properties
List Price
$1,745,000
Sold Price
$1,690,000
Premium/Discount to List
-$55,000
-3.15%
Current Estimated Value
$2,351,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$661,279
Avg. Annual Appreciation
3.41%
Original Mortgage
$1,000,000
Outstanding Balance
$768,442
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$1,171,137

Purchase Details

Closed on
Dec 30, 2004
Sold by
Carter Kenneth E and Carter Shirley R
Bought by
Five Carter Llc
Source: Public Records

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
Animas Island Llc $1,690,000 Colorado Ttl & Closing Svcs
Five Carter Llc $1,200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Animas Island Llc $1,000,000
Closed Five Carter Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2021 08/18/21 Sold $1,690,000 -5.8% $343 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/01/2021 06/01/21 Price Changed $1,795,000 +2.9% $364 / Sq Ft
06/01/2021 06/01/21 For Sale $1,745,000 -- $354 / 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 $7,271 $151,100 $84,410 $66,690
2024 $6,270 $141,900 $81,480 $60,420
2023 $6,270 $145,980 $83,820 $62,160
2022 $4,979 $111,500 $67,050 $44,450
2021 $0 $114,670 $68,950 $45,720
2020 $0 $114,480 $68,540 $45,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 782647

Colorado Real Estate Network (CREN)

APN: R437729