NOT LISTED FOR SALE

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

So Co Neighborhood

Estimated Value: $898,693

2 Beds
3 Baths
1,581 Sq Ft
$568/Sq Ft Est. Value

Sale Details

Date Sold: May 25, 2023

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

Est. 12% increase in value since last sale

Current estimated payment $5,588 / mo

About This Home

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.

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Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2023
Closed on
May 25, 2023
Sold by
Bought by
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
$898,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,693
Avg. Annual Appreciation
3.51%

Purchase Details

Listed on
Apr 12, 2021
Closed on
May 13, 2021
Sold by
Bought by
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
Bought by

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
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$805,000 Land Title
$682,500 Land Title
$549,900 Land Title Guarantee Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $412,425
Previous Owner $209,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2023 05/25/23 Sold $805,000 -1.8% $509 / Sq Ft View Prior Sale
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 View Prior Sale
04/12/2021 04/12/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $682,500 -- $432 / Sq Ft

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,665 $50,000 $50,000
2025 $2,665 $50,330 $50,330
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

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