NOT LISTED FOR SALE

541 E 3rd Ave Unit A Durango, CO 81301

So Co Neighborhood

Estimated Value: $985,325 - $1,240,000

3 Beds
2.5 Baths
2,160 Sq Ft
$513/Sq Ft Est. Value

Last Sold March 06, 2021

Last sale price $759,000 $351 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $6,492/month

Highlights

  • Mountain View
  • Fireplace in Bedroom
  • Vaulted Ceiling
  • Park Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of March 2021

Enjoy all of the charm of Durango's beautiful historic district coupled with all of the amenities and benefits of new 2014/2015 construction in this craftsman-style bungalow, artfully designed and built by Reynolds and Associates. The home pays homage to the traditional and historic character of the neighborhood with contemporary touches creating a high-quality, unique property just blocks from Main Avenue and a vibrant downtown. The design details feature brick accent walls, hardwood flooring, custom steel railings accenting the floating staircase, wood-clad energy efficient windows, and an open living / dining / kitchen concept with kitchen hosting granite counters, island breakfast bar, granite counters, glass tile backsplash, under-counter lighting, and stainless steel appliances. The lower level hosts two bedrooms and a full bath, with the master suite on the second floor, offering a double sink vanity, soaking tub, walk-in shower, and abundant storage space. A loft area on the floor above offers the perfect bonus space for your home office or workout space. Other features include air conditioning and a detached 2-car garage. Enjoy sunny mornings on the covered front porch, soaking in the views of the beautiful boulevard from this unique property.

Last Listed By

Christina Rinderle

Durango Land and Homes Listed on: 02/01/2021

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,925

Year Built

  • Built in 2014

Lot Details

  • 653 Sq Ft Lot
  • Landscaped
  • Sprinkler System

HOA Fees

  • $167 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2,160 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Mountain Views
  • Finished Basement

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 566529308031

Community Details

Overview

  • Association fees include building maintenance, insurance, landscaping, snow removal
  • Bungalows On 3Rd HOA

Pet Policy

  • Dogs Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,925

Year Built

Built in 2014

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave
  • Estimated Total Acres: 0.015
  • Class: RESIDENTIAL
  • Em Deposit: 20,000
  • Em Holder: Land Title Guarantee
  • Exterior Inclusions: Landscaping, Deck, Lawn Sprinklers, Covered Porch
  • Interior Inclusions: Ceiling Fan(s), W/D Hookup, Vaulted Ceiling, Granite Counters, Jetted Tub, Pantry, Walk In Closet, Garage Door Opener
  • Legal Lot Block: SUBDIVISION: BUNGALOW TOWNHOMES ON THIRD UNIT: A PER PLAT 1095531
  • List Price per Sq Ft: 351.39
  • Parcel Id Number: 566529308031
  • Price Per Sq Ft: 351.39
  • Real Estate Included: Yes
  • Realist Id: 5665-293-08-031
  • Residence Stories: 3 Story+
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 351.39
  • Street Descriptionaccess: City/Town
  • Street Designation: Avenue
  • Tax Account Id: R435407
  • Type: Townhouse
  • Hoa Dogs Allowed: Yes
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Provider: Charter Spectrum
  • Internet Service: Yes
  • Total Taxes Dollar: 1,925.36
  • Year Built: 2014
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2968

Interior Features

  • Dining Room: Kitchen Bar, Living Room Dining
  • Bedrooms: 3
  • Flooring: Carpet-Partial, Hardwood, Tile
  • Estimated Total Sq Ft: 2160
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Fireplace Location Type: Bedroom, Living Room
  • Foundation: Basement-finished
  • Master Bedroom Level: Upper Level
  • Total Office Den: 0

Exterior Features

  • Construction Type: Brick, Wood Frame
  • Exterior Structures: Garage
  • Roof: Composition
  • Views: Mountains

Garage/Parking

  • Garage Type: Detached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Electric, Natural Gas, Cable TV, Internet
  • Cooling: Central A/C
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Heating System: Forced Air, Fireplace
  • Sewer Supplier: City of Durango
  • Water Heater: Gas Water Heater
  • Water Supplier: City of Durango

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Building Maintenance, Insurance, Landscaping, Snow Removal
  • Hoametro Fees: 500
  • HOA Metro Fees Frequency: Quarterly
  • Hoa Name: Bungalows on 3rd

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
Feb 1, 2021
Closed on
Mar 5, 2021
Sold by
Gibson Ellen L
Bought by
Petty John G
Seller's Agent
Christina Rinderle
Durango Land and Homes
Buyer's Agent
Christina Rinderle
Durango Land and Homes
List Price
$759,000
Sold Price
$759,000
Current Estimated Value
$1,108,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,831
Avg. Annual Appreciation
10.35%
Original Mortgage
$493,350
Outstanding Balance
$447,249
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$698,307

Purchase Details

Closed on
Apr 7, 2017
Sold by
Taylor Vanessa
Bought by
Gibson Ellen L

Purchase Details

Closed on
Apr 29, 2015
Sold by
541 Third Llc
Bought by
Taylor Vanessa

Range of Values:

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Average Value
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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
Petty John G $759,000 Land Title
Gibson Ellen L $685,000 Stewart Title
Taylor Vanessa $659,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petty John G $493,350
Closed Petty John G $493,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2021 03/06/21 Sold $759,000 0.0% $351 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
03/06/2021 03/06/21 For Sale $759,000 -- $351 / 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 $2,139 $53,220 $5,170 $48,050
2023 $2,139 $56,440 $5,480 $50,960
2022 $2,146 $59,020 $5,730 $53,290
2021 $2,155 $54,290 $4,720 $49,570
2020 $1,925 $50,080 $4,580 $45,500
2019 $1,842 $50,080 $4,580 $45,500
2018 $1,782 $49,050 $4,540 $44,510
2017 $1,756 $49,430 $4,540 $44,890
2016 $1,616 $49,570 $0 $49,570
2015 -- $11,080 $5,040 $6,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 779389

Colorado Real Estate Network (CREN)

APN: R435407