NOT LISTED FOR SALE

548 Tipple Ave Durango, CO 81301

Estimated Value: $1,485,000

0.25 Acre
$5,940,000 Price per Acre
10,890 Sq Ft Lot

Last Sold May 12, 2022

Last sale price $207,400

Est. 616% increase in value since last sale

Current estimated payment $8,288/month

65 Days on Market

Highlights

  • Mountain View
  • Open Space
  • Level Lot
  • Park Elementary School Rated A-

About This Lot

As of May 2022

This Vacant Lot has Peek-a-Butte views from your front door and is in an established neighborhood at Twin Buttes! Lot 65 sits in between a Rick Feeney design/build on the East side of the lot and a Steve Gates design/Mike Sutter build on the West side of the lot. Troy Dyer with Veritas houses a completely finished home across the street next to open space. Open space galore from the backyard and back of the lot with views of the South Mountain, Wildcat canyon, and Tram Mountain. Ease of excavation comes with this lot, as well as access to the trail system from the back of the lot. Mature pines and oak decorate some natural landscape as well. Lot slopes gently from front to back and from east to west. Twin Buttes is home to all City amenities including water, sewer, trash, recycle and high-speed internet access to every lot. There a no monthly or yearly dues at Twin Buttes either. Located only 2 miles from the downtown stoplight, Twin Buttes hosts over 12 miles of paved and single-track trails, dark sky lighting, organic farms and gardens, and city parks to name a few perks. With a blend of Rural Urbanism defining this unique and top-notch development, come see why you should build at Twin Buttes and live in The Best of Both Worlds!

Last Agent to Sell the Property

Dru English

Keller Williams Realty Southwest Associates, LLC Listed on: 02/14/2022

Keller Williams Realty Southwest Associates, LLC

Co-Listed By

Russell Smith

Keller Williams Realty Southwest Associates, LLC

Last Buyer's Agent

Dianne Heleno

Coldwell Banker Mountain Properties

Coldwell Banker Mountain Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,746

Lot Details

  • 0.25 Acre Lot
  • Open Space
  • Level Lot
  • Corners Of The Lot Have Been Marked

Property Views

  • Mountain Views

Schools

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

Utilities

  • Septic System
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $7,500
  • Assessor Parcel Number 566123302031

Property Details

Property Type

Land

Est. Annual Taxes

$2,746

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: LTG
  • Legal Lot Block: SUBDIVISION: TWIN BUTTES PH 1 FIL 1B & PARCEL 1R-A-1 LOT: 65 PER PLAT 1146641 548 TIPPLE AVE DURANGO 81301
  • Lot Size Acreage: 0-.25 Acres
  • Parcel Id Number: 566123302031
  • Property Description: Adj To Open Space, Corners Marked, Boundaries Surveyed
  • Street Descriptionaccess: City/Town, Paved, Public, Public Winter Maintenance
  • Street Designation: Avenue
  • Tax Account Id: R436788
  • Zoning: Residential Single Family
  • Domestic Sewer: Sewer Tap Installed
  • Domestic Water: Public
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 0.25
  • Current Property Use: Residential Single Family
  • Em Deposit: 7,500
  • Possible Property Use: Residential Single Family
  • Mineral Rights: Unknown
  • Price Acre: 840000
  • Topography: Level, Sloped
  • Price per Sq Ft: 19.28
  • Sewerseptic In: Yes
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 829600
  • Water Tap Available: Yes
  • Water Tap Installed: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 2,746.36
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains

Utilities

  • Utilities: Cable Tv, Electricity, Natural Gas, Internet
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Water Supplier: City Of Durango

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

Tax Info

  • Tax Year: 2021

MLS Schools

  • Elementary School: Park K-5
  • Middle School: Escalante 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2024
Sold by
Webb Jordan Benjamin
Bought by
Webb Jordan B and Webb Benjamin L
Current Estimated Value
$1,485,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$668,952
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$816,048

Purchase Details

Listed on
Feb 14, 2022
Closed on
May 10, 2022
Sold by
John Pace
Bought by
Webb Jordan Benjamin
Seller's Agent
Dru English
Keller Williams Realty Southwest Associates, LLC
Buyer's Agent
Dianne Heleno
Coldwell Banker Mountain Properties
List Price
$210,000
Sold Price
$207,400
Premium/Discount to List
-$2,600
-1.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
81.58%

Purchase Details

Listed on
Jun 22, 2021
Closed on
Aug 10, 2021
Sold by
Obrien Richard B
Bought by
Pace John
Seller's Agent
William Ferguson
Keller Williams Realty Southwest Associates, LLC
Buyer's Agent
William Ferguson
Keller Williams Realty Southwest Associates, LLC
List Price
$159,000
Sold Price
$152,000
Premium/Discount to List
-$7,000
-4.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.34%

Purchase Details

Closed on
Nov 21, 2019
Sold by
Twin Buttes Of Durango Inc
Bought by
Brien Richard B O
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Webb Jordan B -- None Listed On Document
Webb Jordan Benjamin $207,400 None Listed On Document
Pace John $152,000 Land Title Guarantee Co
Brien Richard B O $110,000 Land Title Guarantee
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Webb Jordan B $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold $207,400 -1.2% --
04/20/2022 04/20/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $210,000 0.0% --
02/21/2022 02/21/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $210,000 +38.2% --
08/10/2021 08/10/21 Sold $152,000 -4.4% --
07/09/2021 07/09/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $159,000 -- --
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
2025 $2,348 $66,190 $11,420 $54,770
2024 $4,413 $20,030 $8,120 $11,910
2023 $4,413 $23,720 $9,620 $14,100
2022 $4,002 $41,630 $41,630 $0
2021 $2,746 $24,430 $24,430 $0
2020 $3,847 $35,470 $35,470 $0
2019 $3,577 $33,500 $33,500 $0
2018 $1,496 $14,000 $4,540 $9,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 790582

Colorado Real Estate Network (CREN)

APN: R436788