NOT LISTED FOR SALE

550 Falcon Ridge Rd Durango, CO 81301

Durango Area

Estimated Value: $2,988,000 - $3,917,353

1 Acre
$3,452,677 Price per Acre
43,560 Sq Ft Lot

Sale Details

Date Sold: May 5, 2021

Last sale price $241,500

Est. 1,330% increase in value since last sale

Current estimated payment $20,045 / mo

Highlights

  • Mountain View
  • Durango High School Rated A-
  • Wooded Lot

About This Lot

As of May 2021

Tucked into the aspens and one of the highest lots in Twilight Peaks, with big views of the Needles, Twilights, and Spud. Level building site with driveway already roughed-in. Water, sewer, electric, phone and internet at lot. Water and sewer taps paid. Gated subdivision with paved roads.

Last Agent to Sell the Property

Durango NON MEMBER

NON-MEMBER/FSBO Durango Listed on: 03/21/2021

Last Buyer's Agent

Mitch Hobby

R1 Colorado

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,489

Lot Details

  • 1 Acre Lot
  • Wooded Lot

HOA Fees

  • $92 Monthly HOA Fees

Property Views

  • Mountain Views

Schools

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

Utilities

  • Propane
  • Sewer Tap Fee
  • Internet Available
  • Phone Available

Community Details

  • Association fees include trash, road maintenance, snow removal
  • Twilight Peaks HOA

Listing and Financial Details

  • Security Deposit $5,000
  • Assessor Parcel Number 532502303035

Property Details

Property Type

Land

Est. Annual Taxes

$1,489

Lot Details

1 Acres

HOA Fees

$92 per month

Listing Details

  • Class: Land
  • Em Holder: LTG
  • Legal Lot Block: TWILIGHT PEAKS MT VL Block: 0 Lot: 35 THE RIDGES @ TWILIGHT PEAKS, PROJ 96-66B
  • Lot Size Acreage: 1-5 Acres
  • Parcel Id Number: 532502303035
  • Property Description: Wooded Lot
  • Street Descriptionaccess: Private, Paved
  • Street Designation: Road
  • Tax Account Id: R417075
  • Zoning: Residential Single Family
  • HOA Fee Frequency: Quarterly
  • Domestic Sewer: Sewer Tap Available, Sewer Tap Paid
  • Domestic Water: Tap Paid, Tap Available
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 1
  • Current Property Use: Residential Single Family
  • Em Deposit: 5000
  • Possible Property Use: Residential Single Family
  • Mineral Rights: Unknown
  • Price per Sq Ft: 5.54
  • Sewer Paid: Yes
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 241500
  • Water Tap Available: Yes
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Total Taxes Dollar: 1489
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains

Utilities

  • Utilities: Electricity, Phone, Internet, Propane Required
  • Water Tap Paid: Yes
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Trash, Road Maintenance, Snow Removal
  • Hoametro Fees: 275
  • Hoa Name: Twilight Peaks

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2021

MLS Schools

  • Elementary School: Animas Valley K-5
  • Middle School: Miller 6-8

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

Closed on
Nov 4, 2014
Sold by
Bought by
Current Estimated Value
$3,452,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Outstanding Balance
$80,616
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,372,061

Purchase Details

Closed on
Jul 31, 1997
Bought by
Source: Public Records

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
$150,000 None Available
$140,000 --
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
Open $105,000
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
05/05/2021 05/05/21 Sold $241,500 0.0% --
03/21/2021 03/21/21 Pending -- -- --
03/21/2021 03/21/21 For Sale $241,500 -- --
Source: Colorado Real Estate Network (CREN)

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 $12,158 $237,750 $23,000 $214,750
2025 $8,307 $222,890 $21,560 $201,330
2024 $1,075 $170,700 $16,720 $153,980
2023 $1,075 $28,770 $16,660 $12,110
2022 $1,571 $30,600 $17,720 $12,880
2021 $1,535 $37,320 $37,320 $0
2020 $1,603 $40,190 $40,190 $0
2019 $1,537 $40,190 $40,190 $0
2018 $1,672 $43,780 $43,780 $0
2017 $1,637 $43,780 $43,780 $0
2016 $1,575 $45,680 $45,680 $0
2015 $1,481 $45,680 $45,680 $0
2014 -- $38,430 $38,430 $0
2013 -- $38,430 $38,430 $0
Source: Public Records

Agents Affiliated with this Home

  • DN

    Seller's Agent in 2021

    Durango NON MEMBER

    NON-MEMBER/FSBO Durango

  • MH

    Buyer's Agent in 2021

    Mitch Hobby

    R1 Colorado

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 781593

Colorado Real Estate Network (CREN)

APN: R417075

Colorado La Plata County Durango 81301

550 Falcon Ridge Rd, Durango, CO

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Colorado Real Estate Network (CREN) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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