NOT LISTED FOR SALE

55 Verde Ln Durango, CO 81301

Estimated Value: $487,000 - $611,000

2 Beds
2.5 Baths
1,581 Sq Ft
$340/Sq Ft Est. Value

Last Sold September 17, 2024

Last sale price $511,000 $323 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,104/month

52 Days on Market

Highlights

  • River Front
  • Furnished
  • 2 Car Detached Garage
  • Durango High School Rated A-

About This Home

As of September 2024

Step back in time in this charming retreat in Forrest Groves Estates, nestled among the pines and steps from the Florida River. This rustic cabin, built in 1983, features two bedrooms and two and a half bathrooms on a third of an acre. The cozy fully-furnished cabin is outfitted with remarkably well-preserved original elements. The main level of the home features a living/dining area with a wood-burning stove, kitchen, laundry room, powder room, and a primary suite with a full bath. Upstairs, a loft bedroom with a full bathroom is accompanied by an additional room that could be used for storage or as an office. A detached two-car garage, central utilities, and a wrap-around deck with river views make this home the perfect mix of convenience and relaxation. Located in a quiet neighborhood with fishing and walking trails nearby, this property is the perfect place to unwind and bask in nature's solitude. Schedule a showing of this retro retreat today!

Last Agent to Sell the Property

Jarrod Nixon

Coldwell Banker Mountain Properties Listed on: 06/25/2024

Coldwell Banker Mountain Properties

Last Buyer's Agent

Jeremiah Aukerman

eXp Realty, LLC

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • 0.35 Acre Lot
  • River Front

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Stick Built Home

Interior Spaces

  • 1,581 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Car Detached Garage
  • 1 Carport Space

Schools

  • Riverview K-5 Elementary School
  • Miller 6-8 Middle School
  • Durango 9-12 High School

Utilities

  • Internet Available

Community Details

  • Forrest Groves HOA
  • Forest Groves Subdivision

Listing and Financial Details

  • Assessor Parcel Number 559536102016

Home Details

Home Type

Single Family

Year Built

Built in 1983

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Estimated Total Acres: 0.35
  • Class: RESIDENTIAL
  • Em Deposit: 7,500
  • Em Holder: Title Company
  • Legal Lot Block: Section: 36 Township: 36 Range: 8 Section: 36 Township: 36 Range: 8 BEG N COR W/2 LOT 2,FOREST GROVES:TR IN SW/4NE/4 &*E 1/2 LOT 2 ADJ LOT 3, FOREST GROVES EST 55 VERDE LN DURANGO 81301
  • Parcel Id Number: 559536102016
  • Price Per Sq Ft: 323.21
  • Real Estate Included: Yes
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 323.21
  • Street Designation: Lane
  • Waterfront Type: River
  • Type: Stick Built
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: $1,611.56
  • Year Built: 1983
  • Foreign Owned Y N: No
  • Prop Description Remarks: Step back in time in this charming retreat in Forrest Groves Estates, nestled among the pines and steps from the Florida River. This rustic cabin, built in 1983, features two bedrooms and two and a half bathrooms on a third of an acre. The cozy fully-furnished cabin is outfitted with remarkably well-preserved original elements. The main level of the home features a living/dining area with a wood-burning stove, kitchen, laundry room, powder room, and a primary suite with a full bath. Upstairs, a loft bedroom with a full bathroom is accompanied by an additional room that could be used for storage or as an office. A detached two-car garage, central utilities, and a wrap-around deck with river views make this home the perfect mix of convenience and relaxation. Located in a quiet neighborhood with fishing and walking trails nearby, this property is the perfect place to unwind and bask in nature's solitude. Schedule a showing of this retro retreat today!
  • Subdv Name: Forest Groves
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Estimated Total Sq Ft: 1581
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 3
  • Total Office Den: 0

Exterior Features

  • Waterfront: Yes

Garage/Parking

  • Garage Type: Detached Garage
  • Garage: Yes
  • Carport: Yes
  • Carport Spaces: 1
  • Garage Capacity: 2

Utilities

  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 450
  • HOA Metro Fees Frequency: Quarterly
  • Hoa Name: Forrest Groves

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Riverview K-5
  • Middle School: Miller 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2007
Sold by
Tipps Jack W and Tipps Lutresha
Bought by
Tipps Jack W and Tipps Lutresha
Current Estimated Value
$537,425

Purchase Details

Closed on
Jun 20, 1994
Bought by
Tipps Jack W and Tipps Lutresha
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Purchase History

Date Buyer Sale Price Title Company
Tipps Jack W -- None Available
Tipps Jack W -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2024 09/17/24 Sold $511,000 +3.2% $323 / Sq Ft
08/16/2024 08/16/24 Pending -- -- --
08/13/2024 08/13/24 Price Changed $495,000 -7.5% $313 / Sq Ft
07/15/2024 07/15/24 For Sale $535,000 0.0% $338 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
06/25/2024 06/25/24 For Sale $535,000 -- $338 / 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
2025 $1,730 $35,640 $3,160 $32,480
2024 $1,441 $31,110 $2,500 $28,610
2023 $1,441 $34,790 $2,790 $32,000
2022 $1,267 $36,100 $2,900 $33,200
2021 $1,281 $27,730 $3,240 $24,490
2020 $1,067 $23,730 $3,240 $20,490
2019 $1,026 $23,730 $3,240 $20,490
2018 $958 $22,200 $3,130 $19,070
2017 $941 $22,200 $3,130 $19,070
2016 $953 $22,900 $3,390 $19,510
2015 $906 $22,900 $3,390 $19,510
2014 -- $21,390 $3,460 $17,930
2013 -- $21,390 $3,460 $17,930
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 815220

Colorado Real Estate Network (CREN)

APN: R015731