525 E 3rd Ave Durango, CO 81301
So Co Neighborhood
4
Beds
2
Baths
1,540
Sq Ft
4,792
Sq Ft Lot
Highlights
- Ranch Style House
- Formal Dining Room
- Forced Air Heating System
- Park Elementary School Rated A-
- Landscaped
- Wood Siding
About This Home
As of June 2021Nostalgic charm meets modern utility. Downtown 4 bedroom house on Historic 3rd ave, south of college without the traffic or parking issues. Beautiful block, convenient location at a great price. Home is open and functional with a separate guest space in the back with kitchenette. Updated forced air heating system, remodeled interior, new high efficiency windows, wood floors, side patio, sunken dining room, brick patio, ample Basement storage, off street parking for 3-4 cars, irrigation system, front and back yards have cactus/river rock landscaping that does not require weeding or watering, fenced yard & wrap-a-round deck are just some desirable features of this home. Downtown Gem! Public records shows 1908 but owner believes house was built in 1928
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,291
Year Built
- Built in 1928
Lot Details
- 4,792 Sq Ft Lot
- Back Yard Fenced
- Landscaped
- Sprinkler System
Home Design
- Ranch Style House
- Studio
- Metal Roof
- Wood Siding
- Stick Built Home
- Stone
Interior Spaces
- 1,540 Sq Ft Home
- Formal Dining Room
- Unfinished Basement
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
Additional Homes
- Accessory Dwelling Unit (ADU)
Schools
- Park K-5 Elementary School
- Escalante 6-8 Middle School
- Durango 9-12 High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 566529308013
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2021
Closed on
May 26, 2021
Sold by
Florence Sally
Bought by
Brobst David and Ambrosy Brobst Renee
Seller's Agent
Stuart Way
The Wells Group of Durango, LLC
Buyer's Agent
Emily Shea
RE/MAX Pinnacle
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,946
Avg. Annual Appreciation
10.17%
Original Mortgage
$460,000
Outstanding Balance
$418,282
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$438,664
Purchase Details
Closed on
Apr 13, 2017
Sold by
May John Ruff
Bought by
Florence Sally
Purchase Details
Closed on
Jun 14, 2013
Sold by
Florence Sally
Bought by
May John Ruff
Purchase Details
Closed on
Nov 10, 1993
Bought by
Florence Sally
Similar Homes in Durango, CO
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $575,000 | Land Title Guarantee Company | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $105,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $460,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/03/2021 06/03/21 | Sold | $575,000 | 0.0% | $373 / Sq Ft |
| 06/03/2021 06/03/21 | Sold | $575,000 | 0.0% | $373 / Sq Ft |
| 06/01/2021 06/01/21 | Pending | -- | -- | -- |
| 06/01/2021 06/01/21 | For Sale | $575,000 | 0.0% | $373 / Sq Ft |
| 04/02/2021 04/02/21 | Off Market | $575,000 | -- | -- |
| 04/02/2021 04/02/21 | Pending | -- | -- | -- |
| 03/01/2021 03/01/21 | Price Changed | $575,000 | -2.5% | $373 / Sq Ft |
| 01/09/2021 01/09/21 | Price Changed | $589,900 | -1.7% | $383 / Sq Ft |
| 12/18/2020 12/18/20 | For Sale | $599,900 | 0.0% | $390 / Sq Ft |
| 12/01/2020 12/01/20 | Pending | -- | -- | -- |
| 11/28/2020 11/28/20 | For Sale | $599,900 | -- | $390 / 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 |
|---|---|---|---|---|
| 2025 | $1,913 | $49,540 | $18,790 | $30,750 |
| 2024 | $1,628 | $40,500 | $13,910 | $26,590 |
| 2023 | $1,628 | $43,590 | $14,970 | $28,620 |
| 2022 | $1,448 | $35,620 | $13,160 | $22,460 |
| 2021 | $1,454 | $36,640 | $13,540 | $23,100 |
| 2020 | $1,349 | $35,100 | $13,360 | $21,740 |
| 2019 | $1,291 | $35,100 | $13,360 | $21,740 |
| 2018 | $1,200 | $33,030 | $12,650 | $20,380 |
| 2017 | $1,173 | $33,030 | $12,650 | $20,380 |
| 2016 | $935 | $28,690 | $12,100 | $16,590 |
| 2015 | $876 | $28,690 | $12,100 | $16,590 |
| 2014 | -- | $25,840 | $11,620 | $14,220 |
| 2013 | -- | $25,840 | $11,620 | $14,220 |
Source: Public Records
Agents Affiliated with this Home
-
Stuart Way
Seller's Agent in 2021
Stuart Way
The Wells Group of Durango, LLC
(970) 799-5721
2 in this area
98 Total Sales
-
Emily Shea
Buyer's Agent in 2021
Emily Shea
RE/MAX
(512) 721-9431
2 in this area
55 Total Sales
Map
Source: Colorado Real Estate Network (CREN)
MLS Number: 776745
APN: R010220
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