NOT LISTED FOR SALE

543 E 2nd Ave Unit 3A Durango, CO 81301

So Co Neighborhood

Estimated Value: $934,854 - $1,066,000

3 Beds
2.5 Baths
1,885 Sq Ft
$392/mo HOA Fee

Last Sold November 18, 2021

Last sale price $787,000 $418 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,961/month

6 Days on Market

Highlights

  • Deck
  • Granite Countertops
  • Double Pane Windows
  • Park Elementary School Rated A-
  • Formal Dining Room
  • Forced Air Heating and Cooling System

About This Home

As of November 2021

Don't miss this rare opportunity to own a secure, top-floor unit at the Mears House, which is one of downtown Durango's most desirable locations. This single-level luxury condo features an open floor plan, and is spacious enough for entertaining all of your friends and family. The gourmet kitchen is also conducive to entertaining as there is plenty of space to prepare meals for all of your guests, and the formal dining room will accommodate everyone! When not entertaining, you can enjoy your favorite book in front of the living room fireplace during the cold winter months or on the balcony during warm weather months. The luxurious master suite is tucked away for maximum privacy, and features dual vanities, a jetted tub, separate shower, a two-sided fireplace, and a walk-in closet. In addition to the master suite, there are two guest bedrooms, a guest bath, and a powder room. In addition to this unit's private balcony, the building offers a common area patio for residents to use. Also included two reserved parking spaces in the secure parking garage, and an additional storage unit that is great for bikes and other toys and provides direct access at street level to 2nd Avenue. Located next door to Durango's most popular sushi restaurant, and just steps away from the best steak house in the area as well as many other fine dining and shopping opportunities, this condo is not to be missed.

Last Listed By

Todd Sieger

Coldwell Banker Mountain Properties Listed on: 10/11/2021

Coldwell Banker Mountain Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,507

Year Built

  • Built in 2003

HOA Fees

  • $392 Monthly HOA Fees

Home Design

  • Stucco

Interior Spaces

  • 1,885 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Formal Dining Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Garage
  • Basement Garage

Outdoor Features

  • Deck

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
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 566529307028

Community Details

Overview

  • Association fees include building maintenance, insurance, snow removal, parking
  • Mears House HOA

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,507

Year Built

Built in 2003

Lot Details

0

HOA Fees

$392 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Microwave
  • Class: RESIDENTIAL
  • Elevation: 6512
  • Em Deposit: 25,000
  • Em Holder: Title Company
  • Exterior Inclusions: Deck
  • Interior Inclusions: Window Coverings, Ceiling Fan(s), W/D Hookup, Granite Counters, Fire Sprinklers
  • Legal Lot Block: Mears House Condos Unit 3A1
  • List Price per Sq Ft: 411.14
  • Parcel Id Number: 566529307028
  • Price Per Sq Ft: 417.51
  • Real Estate Included: Yes
  • Realist Id: 5665-293-07-028
  • Residence Stories: One Story
  • Sale/Rent: For Sale
  • Siding: Stucco
  • Sold Price Sq Ft: 417.51
  • Street Designation: Avenue
  • Tax Account Id: R426167
  • Type: Condo
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Provider: Spectrum/Charter
  • Internet Service: Yes
  • Total Taxes Dollar: 1,507.08
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 17

Interior Features

  • Dining Room: Separate Dining
  • Bedrooms: 3
  • Flooring: Carpet-Partial, Tile
  • Estimated Total Sq Ft: 1885
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Main Level Sq Ft: 1885
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Windows: Double Pane

Garage/Parking

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

Utilities

  • Utilities: Electric, Natural Gas, Phone - Cell Reception, Phone - Landline
  • Cooling: Forced Air
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Heating System: Forced Air
  • 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, Snow Removal, Parking
  • Hoametro Fees: $392
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: Mears House HOA

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
Oct 11, 2021
Closed on
Nov 17, 2021
Sold by
Bacon Parmenter Trust
Bought by
Ladin Hillary Ann and Ladin Stephen Laurence
Seller's Agent
Todd Sieger
Coldwell Banker Mountain Properties
Buyer's Agent
Katie Sturm
Legacy Properties West Sotheby's Int. Realty
List Price
$775,000
Sold Price
$787,000
Premium/Discount to List
$12,000
1.55%
Total Days on Market
6
Current Estimated Value
$972,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,464
Avg. Annual Appreciation
8.13%
Original Mortgage
$487,000
Outstanding Balance
$453,677
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$578,437

Purchase Details

Closed on
Feb 1, 2012
Sold by
Debra Parmenter Revocable Living Trust
Bought by
Bacon/Parmenter Trust

Purchase Details

Closed on
Mar 10, 2004
Bought by
Bacon/Parmenter Trust

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
Ladin Hillary Ann $787,000 Colorado Title & Closing Ser
Bacon/Parmenter Trust -- None Available
Bacon/Parmenter Trust $501,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ladin Hillary Ann $487,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2021 11/18/21 Sold $787,000 +1.5% $418 / Sq Ft
10/17/2021 10/17/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $775,000 -- $411 / 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 $2,137 $53,170 -- $53,170
2023 $2,137 $56,390 $0 $56,390
2022 $1,616 $58,980 $0 $58,980
2021 $1,623 $40,880 $0 $40,880
2020 $1,507 $39,200 $0 $39,200
2019 $1,442 $39,200 $0 $39,200
2018 $1,474 $40,570 $0 $40,570
2017 $1,441 $40,570 $0 $40,570
2016 $1,327 $40,720 $0 $40,720
2015 $1,161 $40,720 $0 $40,720
2014 $1,161 $36,520 $0 $36,520
2013 -- $36,520 $0 $36,520
Source: Public Records

Agents Affiliated with this Home

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Source: Colorado Real Estate Network (CREN)

MLS Number: 787775

Colorado Real Estate Network (CREN)

APN: R426167