NOT LISTED FOR SALE

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

So Co Neighborhood

Estimated Value: $655,727 - $810,000

2 Beds
2 Baths
1,238 Sq Ft
$380/mo HOA Fee

Last Sold June 09, 2021

Last sale price $600,000 $485 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,726/month

2 Days on Market

Highlights

  • Mountain View
  • Contemporary Architecture
  • Wood Flooring
  • Park Elementary School Rated A-
  • Living Room with Fireplace
  • Double Pane Windows

About This Home

As of June 2021

Mears House offers prime downtown Durango location that is walking distance to all of the amenities of historic downtown Durango. Shops, boutiques, art galleries, restaurants, movie theatre, music venues and so much more. This is a secure downtown building that offers coded access; 2 dedicated and assigned parking spots in the basement garage along with guest parking. The unit features 2 bedrooms and an office which could be used as a 3rd bedroom with no closet. Great views out of the master bedroom overlooking downtown and the LaPlata mountains in the distance. Off of the living room is a deck with big views of Smelter Mountain. Kitchen features stainless appliance package with new refrigerator, maple cabinets and pantry. The living room offers a gas fireplace and high ceilings. Comfortable single level floor plan. Each unit is assigned a storage unit in a heated/secure location within the building. Pets allowed by owners but not for tenants. Vacation Rentals of 7 days or more are permitted per the HOA and subject to approval by the City of Durango. There is a $2000 transfer fee to the HOA payable at closing by purchaser. Tenant currently in place with 30 day vacate notice but she would love to stay. Call for details.

Last Listed By

Rob Littfin

Legacy Properties West Sotheby's Int. Realty Listed on: 04/29/2021

Legacy Properties West Sotheby's Int. Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,063

Year Built

  • Built in 2003

HOA Fees

  • $380 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Concrete Foundation

Interior Spaces

  • 1,238 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Basement Garage
  • Heated Garage

Outdoor Features

  • Patio

Schools

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

Utilities

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

Community Details

  • Association fees include building maintenance, insurance, landscaping, sewer, water, snow removal, parking, heated garage
  • Mears HOA

Listing and Financial Details

  • Assessor Parcel Number 566529307034

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,063

Year Built

Built in 2003

Lot Details

0

HOA Fees

$380 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Exhaust Fan
  • Class: RESIDENTIAL
  • Em Deposit: 10000
  • Em Holder: Colorado Title Services
  • Exterior Inclusions: Patio
  • Interior Inclusions: W/D Hookup, Walk In Closet, Heated Garage
  • Legal Lot Block: MEARS HOUSE CONDOS Unit: 3D2 543 E 2ND AVE DURANGO 81301
  • List Price per Sq Ft: 444.26
  • Parcel Id Number: 566529307034
  • Price Per Sq Ft: 484.65
  • Real Estate Included: Yes
  • Realist Id: 5665-293-07-034
  • Residence Stories: One Story
  • Residence Style: Contemporary
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 484.65
  • Street Descriptionaccess: City/Town, Paved
  • Street Designation: Avenue
  • Zoning: Residential Single Family
  • Type: Condo
  • Hoa Dogs Allowed: Yes-w/restrictions
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Provider: Charter Spectrum
  • Internet Service: Yes
  • Total Taxes Dollar: 1063
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 17

Interior Features

  • Bedrooms: 2
  • Flooring: Carpet-Partial, Hardwood, Tile
  • Estimated Total Sq Ft: 1238
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Fireplace Location Type: Gas Logs, Living Room
  • Foundation: Concrete
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Windows: Double Pane
  • Views: Mountains

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Building Maintenance, Insurance, Landscaping, Sewer, Water, Snow Removal, Parking, Heated Garage
  • Hoametro Fees: 380
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: Mears

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
Apr 29, 2021
Closed on
Jun 4, 2021
Sold by
Matt And Teresa Falkenstein Joint Trust
Bought by
Quest Trust and Phillips
Seller's Agent
Rob Littfin
Legacy Properties West Sotheby's Int. Realty
Buyer's Agent
Kelly Kniffin
Legacy Properties West Sotheby's Int. Realty
List Price
$550,000
Sold Price
$600,000
Premium/Discount to List
$50,000
9.09%
Total Days on Market
2
Current Estimated Value
$759,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,682
Avg. Annual Appreciation
6.02%

Purchase Details

Listed on
Apr 29, 2021
Closed on
May 5, 2021
Sold by
William Allen and William Mary Lou
Bought by
Matt And Teresa Falkenstein Joint Trust
Seller's Agent
Rob Littfin
Legacy Properties West Sotheby's Int. Realty
Buyer's Agent
Kelly Kniffin
Legacy Properties West Sotheby's Int. Realty
List Price
$550,000
Sold Price
$600,000
Premium/Discount to List
$50,000
9.09%

Purchase Details

Closed on
Sep 28, 2004
Bought by
Trust A Of William Allen & Marylou

Range of Values:

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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
Quest Trust $130,000 Colorado Title & Closing Servi
Matt And Teresa Falkenstein Joint Trust -- None Listed On Document
Trust A Of William Allen & Marylou $370,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2021 06/09/21 Sold $600,000 +9.1% $485 / Sq Ft
05/01/2021 05/01/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $550,000 -- $444 / 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 $1,604 $39,920 -- $39,920
2023 $1,604 $43,010 $0 $43,010
2022 $1,250 $45,230 $0 $45,230
2021 $1,144 $28,820 $0 $28,820
2020 $1,063 $27,640 $0 $27,640
2019 $1,016 $27,640 $0 $27,640
2018 $1,018 $28,030 $0 $28,030
2017 $996 $28,030 $0 $28,030
2016 $917 $28,130 $0 $28,130
2015 $818 $28,130 $0 $28,130
2014 $818 $25,740 $0 $25,740
2013 -- $25,740 $0 $25,740
Source: Public Records

Agents Affiliated with this Home

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APN: R426173