NOT LISTED FOR SALE

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

So Co Neighborhood

Estimated Value: $844,536 - $898,000

2 Beds
2.5 Baths
1,581 Sq Ft
$417/mo HOA Fee

Last Sold May 25, 2023

Last sale price $805,000 $509 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,341/month

Highlights

  • Mountain View
  • Deck
  • Walk-In Closet
  • Park Elementary School Rated A-
  • Balcony
  • Tile Flooring

About This Home

As of May 2023

Downtown contemporary elegance at the newly renovated Mears House! This beautiful 2 bedroom condo takes downtown living to an entirely new level as the only Mears unit with direct elevator access to the private foyer. Crisp and clean with high ceilings trimmed with crown molding, granite countertops, and stainless steel appliances, this is the perfect no-maintenance condo in the heart of it all! Imagine parking your car and simply leaving it there. Return to the old world philosophy of a lifestyle in the heart of your community, where you can walk to work each morning, entertain friends, or step outside your door to enjoy Durango’s finest cuisine. This suite is one of only two 2-story condos with entry from the third level of the building, allowing for secure access of utmost convenience. The floor plan is welcoming with a foyer and hallway inviting you into the kitchen and open dining/living room. Enjoy an open kitchen offering granite countertops and shelved pantry. The living room offers a warming gas fireplace with custom surround and mantle, and walk out deck with the perfect amount of space to enjoy your coffee and take in the mountain views. Both of the bedrooms are on the lower level, with the over-sized master featuring a generous walk-in closet, and bath with double vanity and shower. In addition, there is ample space for a hall office or workout area on this level. Secure underground parking serves two dedicated parking spaces as well as guest parking, and a convenient climate controlled storage unit is included. Shared patio and deck space abound. The exterior has been completely renovated with new insulation and stucco exterior with brick accents and this unit has all new windows throughout. This building is in the Central Business District and hosts several legal vacation rentals with a 7-day minimum. This unit is owner-occupied. Buyer to verify the process with City Planning as per Buyer's desires.

Last Agent to Sell the Property

Christina Rinderle

Durango Land and Homes Listed on: 04/01/2023

Last Buyer's Agent

Christina Rinderle

Durango Land and Homes Listed on: 04/01/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,516

Year Built

  • Built in 2003

HOA Fees

  • $417 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Membrane Roofing
  • Stucco

Interior Spaces

  • 1,581 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Mountain Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Garage
  • Basement Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • 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
  • Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 566529307031

Community Details

Overview

  • Association fees include building maintenance, landscaping, trash, snow removal, management
  • Mears House HOA
  • Mears House Subdivision

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,516

Year Built

Built in 2003

Lot Details

0

HOA Fees

$417 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Microwave
  • Class: RESIDENTIAL
  • Em Deposit: 25,000
  • Em Holder: Land Title Guarantee
  • Exterior Inclusions: Deck, Balcony
  • Interior Inclusions: Window Coverings, Ceiling Fan(s), Skylight(s), Walk In Closet, Garage Door Opener, Fire Sprinklers
  • Legal Lot Block: SUBDIVISION: MEARS HOUSE CONDOS UNIT: 3C1 543 E 2ND AVE #3E DURANGO 81301
  • Parcel Id Number: 566529307031
  • Price Per Sq Ft: 509.17
  • Real Estate Included: Yes
  • Realist Id: 5665-293-07-031
  • Residence Stories: Two Story
  • Sale/Rent: For Sale
  • Siding: Brick, Stucco
  • Sold Price Sq Ft: 509.17
  • Street Descriptionaccess: City/Town
  • Street Designation: Avenue
  • Tax Account Id: R426170
  • Zoning: Mixed-Use
  • Type: Condo
  • Hoa Dogs Allowed: Yes-w/restrictions
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Provider: Charter Spectrum
  • Internet Service: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 1515.84
  • Year Built: 2003
  • Foreign Owned Y N: No
  • Prop Description Remarks: Downtown contemporary elegance at the newly renovated Mears House! This beautiful 2 bedroom condo takes downtown living to an entirely new level as the only Mears unit with direct elevator access to the private foyer. Crisp and clean with high ceilings trimmed with crown molding, granite countertops, and stainless steel appliances, this is the perfect no-maintenance condo in the heart of it all! Imagine parking your car and simply leaving it there. Return to the old world philosophy of a lifestyle in the heart of your community, where you can walk to work each morning, entertain friends, or step outside your door to enjoy Durango’s finest cuisine. This suite is one of only two 2-story condos with entry from the third level of the building, allowing for secure access of utmost convenience. The floor plan is welcoming with a foyer and hallway inviting you into the kitchen and open dining/living room. Enjoy an open kitchen offering granite countertops and shelved pantry. The living room offers a warming gas fireplace with custom surround and mantle, and walk out deck with the perfect amount of space to enjoy your coffee and take in the mountain views. Both of the bedrooms are on the lower level, with the over-sized master featuring a generous walk-in closet, and bath with double vanity and shower. In addition, there is ample space for a hall office or workout area on this level. Secure underground parking serves two dedicated parking spaces as well as guest parking, and a convenient climate controlled storage unit is included. Shared patio and deck space abound. The exterior has been completely renovated with new insulation and stucco exterior with brick accents and this unit has all new windows throughout. This building is in the Central Business District and hosts several legal vacation rentals with a 7-day minimum. This unit is owner-occupied. Buyer to verify the process with City Planning as per Buyer's desires.
  • Subdv Name: Mears House
  • Unit Suite Number: 3E
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 19

Interior Features

  • Dining Room: Living Room Dining
  • Bedrooms: 2
  • Flooring: Carpet-Partial, Tile, Laminate
  • Estimated Total Sq Ft: 1581
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 3
  • Fireplace Location Type: Gas Logs, Living Room
  • Master Bedroom Level: Lower Level

Exterior Features

  • Roof: Membrane
  • Views: Mountains

Garage/Parking

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

Utilities

  • Utilities: Electric, Natural Gas, Cable TV, Internet, Phone - Cell Reception
  • 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: Electric Water Heater
  • Water Supplier: City of Durango

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Building Maintenance, Landscaping, Trash, Snow Removal, Management
  • Hoametro Fees: $417.00
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: Mears House

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: 2022

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 1, 2023
Closed on
May 25, 2023
Sold by
Baker M Todd
Bought by
Mace Dimiter and Mace Aksenia
Seller's Agent
Christina Rinderle
Durango Land and Homes
Buyer's Agent
Christina Rinderle
Durango Land and Homes
List Price
$820,000
Sold Price
$805,000
Premium/Discount to List
-$15,000
-1.83%
Views
21
Current Estimated Value
$866,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,884
Avg. Annual Appreciation
2.59%

Purchase Details

Listed on
Apr 12, 2021
Closed on
May 13, 2021
Sold by
Smrekar Jordan D
Bought by
Baker M Todd M and Baker Sarah K
Seller's Agent
Sven Brunso
Durango Land and Homes
Buyer's Agent
Christina Rinderle
Durango Land and Homes
List Price
$682,500
Sold Price
$682,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%

Purchase Details

Closed on
Dec 6, 2019
Sold by
Jensen Darin C
Bought by
Smrekar Jordan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,425
Interest Rate
3.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 2016
Sold by
Durango Lodge 48 Ioof
Bought by
Bono Ryan and Lochte Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,500
Interest Rate
3.62%

Purchase Details

Closed on
Mar 10, 2004
Bought by
Jensen Darin C
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
Mace Dimiter $805,000 Land Title
Baker M Todd M $682,500 Land Title
Smrekar Jordan D $549,900 Land Title Guarantee Co
Bono Ryan -- --
Jensen Darin C $434,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baker M Todd M $350,000
Previous Owner Smrekar Jordan D $412,425
Previous Owner Bono Ryan $209,500
Previous Owner Bono Ryan --
Previous Owner Jensen Darin C $375,500
Previous Owner Jensen Darin C $98,750
Previous Owner Jensen Darin C $393,600
Previous Owner Jensen Darin C $49,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $805,000 -1.8% $509 / Sq Ft
04/01/2023 04/01/23 Pending -- -- --
04/01/2023 04/01/23 For Sale $820,000 +20.1% $519 / Sq Ft
05/13/2021 05/13/21 Sold $682,500 0.0% $432 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $682,500 -- $432 / 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 $1,638 $40,760 -- $40,760
2023 $1,638 $43,870 $0 $43,870
2022 $1,516 $46,110 $0 $46,110
2021 $1,401 $35,300 $0 $35,300
2020 $1,301 $33,850 $0 $33,850
2019 $1,257 $34,170 $0 $34,170
2018 $1,224 $33,700 $0 $33,700
2017 $1,197 $33,700 $0 $33,700
2016 $1,102 $33,820 $0 $33,820
2015 $900 $33,820 $0 $33,820
2014 $900 $28,310 $0 $28,310
2013 -- $28,310 $0 $28,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 801992

Colorado Real Estate Network (CREN)

APN: R426170