Seller's Agent in 2025
Dan Korman
Alpenglow Properties LLC
(970) 382-1162
7 in this area
84 Total Sales
544 E 4th Ave Unit A & B Durango, CO 81301
So Co Neighborhood
5
Beds
4
Baths
1,673
Sq Ft
4,356
Sq Ft Lot
Highlights
- Vaulted Ceiling
- Wood Flooring
- Covered Patio or Porch
- Park Elementary School Rated A-
- Mud Room
- In-Law or Guest Suite
About This Home
As of March 2025Price reduced by $86,000 down to $899,000! Historic charm meets modern functionality! This amazing little home in the heart of downtown Durango, CO has a recently constructed two-wing ADU and offers incredible versatility with income potential for any buyer. The main 3 bed / 2 bath home has a cute fenced front yard with covered front porch, inviting you to experience all of the charm of living on the grid. The front room of the home includes a living area, kitchenette, and 3/4 bathroom. The ground level also features a full-size kitchen, 2nd bathroom with a lovely clawfoot bathtub, and a bedroom with closet allowing for true main level living. Upstairs are two more bedrooms with two toilets and sinks. Exit out the back of the home through the mud room that houses the washer and dryer hookups, and step onto the back patio with FOUR separate sheds. The rear ADU is city approved and was recently constructed in 2018. The construction of the ADU allowed for the home to modernize the plumbing and electric systems for the entire property, with a brand new main plumbing line running from the city connection to the home. The ADU boasts vaulted ceilings adorned by beautiful tongue and groove slats with two 3/4 bathrooms, two living areas/bedroom, one full kitchen, one kitchenette and two lofted sleeping areas. The building is designed to function as two highly functional studio spaces offering maximum earning potential and privacy with three private off-street parking spaces off of the alley. The recently constructed two-tenant ADU currently rakes in $2,675/month. Both ADU tenants are currently leased thru August 2025. Come check out this amazing downtown home and see how this funky Durango gem is just right for you!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,064
Year Built
- Built in 1898 | Remodeled in 2018
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 150' x 30'
- Fenced Front Yard
- Property is zoned Mixed-Use
Home Design
- Stick Built Home
Interior Spaces
- 1,673 Sq Ft Home
- Tongue and Groove Ceiling
- Vaulted Ceiling
- Window Treatments
- Mud Room
- Wood Flooring
- Washer and Dryer Hookup
Kitchen
- Oven or Range
- Range
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- In-Law or Guest Suite
Outdoor Features
- Covered Patio or Porch
- Shed
Additional Homes
- Accessory Dwelling Unit (ADU)
Schools
- Park K-5 Elementary School
- Escalante 6-8 Middle School
- Durango 9-12 High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Internet Available
Community Details
- City Of Durango Subdivision
Listing and Financial Details
- Assessor Parcel Number 566529310008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 20, 2024
Closed on
Mar 19, 2025
Sold by
Mckinney Wade S and Cook Winn L
Bought by
Holway Family Trust
Seller's Agent
Dan Korman
Alpenglow Properties LLC
Buyer's Agent
Melissa Mayer
Legacy Properties West Sotheby's Int. Realty
List Price
$985,000
Sold Price
$845,000
Premium/Discount to List
-$140,000
-14.21%
Views
84
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,405
Avg. Annual Appreciation
10.43%
Original Mortgage
$371,250
Outstanding Balance
$363,526
Interest Rate
6.05%
Mortgage Type
New Conventional
Estimated Equity
$528,879
Purchase Details
Closed on
Jun 1, 2016
Sold by
Vaughan Derek D and Vaughan Whitney C
Bought by
Mckinney Wade S and Cook Winn L D
Purchase Details
Closed on
Jul 13, 2005
Sold by
Vaughan Derek D and Vaughan Whitney C
Bought by
Vaughan Derek D and Vaughan Whitney C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,750
Interest Rate
5.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 16, 2002
Bought by
Mckinney Wade S and Cook Winn Ld
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $845,000 | Land Title Guarantee | |
| Warranty Deed | $375,000 | Stewart Title | |
| Interfamily Deed Transfer | -- | Colorado Land Title Co | |
| Deed | $199,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $371,250 | New Conventional | |
| Previous Owner | $219,750 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/19/2025 03/19/25 | Sold | $845,000 | -6.0% | $505 / Sq Ft |
| 02/03/2025 02/03/25 | Pending | -- | -- | -- |
| 01/12/2025 01/12/25 | Price Changed | $899,000 | -8.7% | $537 / Sq Ft |
| 12/20/2024 12/20/24 | For Sale | $985,000 | -- | $589 / Sq Ft |
Source: Colorado Real Estate Network (CREN)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $2,064 | $52,130 | $13,400 | $38,730 |
| 2024 | $1,756 | $43,680 | $9,990 | $33,690 |
| 2023 | $1,756 | $46,810 | $10,710 | $36,100 |
| 2022 | $1,512 | $49,130 | $11,240 | $37,890 |
| 2021 | $1,519 | $38,260 | $9,680 | $28,580 |
| 2020 | $1,400 | $36,410 | $9,580 | $26,830 |
| 2019 | $1,339 | $36,410 | $9,580 | $26,830 |
| 2018 | $918 | $25,270 | $9,080 | $16,190 |
| 2017 | $898 | $25,270 | $9,080 | $16,190 |
| 2016 | $704 | $21,600 | $8,680 | $12,920 |
| 2015 | $660 | $21,600 | $8,680 | $12,920 |
| 2014 | -- | $19,390 | $8,340 | $11,050 |
| 2013 | -- | $19,390 | $8,340 | $11,050 |
Source: Public Records
Agents Affiliated with this Home
-
Dan Korman
-
Christian Caldwell
C
Seller Co-Listing Agent in 2025
Christian Caldwell
Alpenglow Properties LLC
(970) 880-0219
1 in this area
7 Total Sales
-
Melissa Mayer
Buyer's Agent in 2025
Melissa Mayer
Legacy Properties West Sotheby's Int. Realty
(970) 759-1892
12 in this area
158 Total Sales
Map
Source: Colorado Real Estate Network (CREN)
MLS Number: 820052
APN: R003691
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