NOT LISTED FOR SALE

556 E 7th Ave Durango, CO 81301

So Co Neighborhood

Estimated Value: $564,000 - $645,000

2 Beds
1 Bath
937 Sq Ft
$641/Sq Ft Est. Value

Last Sold September 05, 2023

Last sale price $530,000 $566 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,251/month

2 Days on Market

Highlights

  • Covered Patio or Porch
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Park Elementary School Rated A-
  • 1-Story Property
  • Dining Room

About This Home

As of September 2023

Great opportunity for investment in a small, in-town house with two car detached garage and convenient location. Home has been used as a successful rental property for many years, but also has possibilities for mixed use and for development as duplex or of an ADU. Two bedrooms and also two living rooms. See property disclosure for recent maintenance items. Alley access to garage. Walk everywhere from central in-town location. Ready to use immediately as rental.

Last Agent to Sell the Property

Marcy Pryor

Coldwell Banker Mountain Properties Listed on: 07/28/2023

Coldwell Banker Mountain Properties

Last Buyer's Agent

Tina Miely

Berkshire Hathaway HomeServices Colorado Properties

Berkshire Hathaway HomeServices Colorado Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,057

Year Built

  • Built in 1898

Lot Details

  • 5,619 Sq Ft Lot
  • Partially Fenced Property
  • Property is zoned Mixed-Use

Home Design

  • Stick Built Home
  • Stucco

Interior Spaces

  • 937 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Dining Room
  • Crawl Space
  • Oven or Range

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch

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
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 566529407007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,057

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Washer, Dryer
  • Estimated Total Acres: 0.129
  • Class: RESIDENTIAL
  • Em Deposit: 10,000
  • Em Holder: Land Title Guarantee
  • Exterior Inclusions: Covered Porch
  • Interior Inclusions: Ceiling Fan(s), Garage Door Opener
  • Legal Lot Block: Mountain View Addition Block 27, Lot 18 and N/2 Lot 19
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 566529407007
  • Price Per Sq Ft: 565.64
  • Property Attached: Yes
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Sale/Rent: For Sale
  • Siding: Stucco
  • Sold Price Sq Ft: 565.64
  • Street Descriptionaccess: City/Town
  • Street Designation: Avenue
  • Zoning: Mixed-Use
  • Type: Stick Built
  • Internet Provider: Spectrum/Charter
  • Internet Service: Yes
  • Total Taxes Dollar: 1057.20
  • Year Built: 1898
  • Foreign Owned Y N: No
  • Prop Description Remarks: Great opportunity for investment in a small, in-town house with two car detached garage and convenient location. Home has been used as a successful rental property for many years, but also has possibilities for mixed use and for development as duplex or of an ADU. Two bedrooms and also two living rooms. See property disclosure for recent maintenance items. Alley access to garage. Walk everywhere from central in-town location. Ready to use immediately as rental.
  • Subdv Name: Not Applicable
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Dining Room: Yes
  • Bedrooms: 2
  • Flooring: Carpet-Partial, Linoleum
  • Estimated Total Sq Ft: 937
  • Bathrooms Description: 1 full
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Foundation: Crawl Space
  • Main Level Sq Ft: 937
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Fence: Partial Property
  • Exterior Structures: Garage

Garage/Parking

  • Garage Type: Detached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Electric, Natural Gas, Cable TV, Internet
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Heating System: Forced Air
  • Sewer Supplier: City of Durango
  • Water Supplier: City of Durango

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Aug 31, 2023
Sold by
Casey Richard C and Rae Geller Casey Kelen
Bought by
Dean Melissa Snail and Dean Daisy Levirae
Seller's Agent
Marcy Pryor
Coldwell Banker Mountain Properties
Buyer's Agent
Tina Miely
Berkshire Hathaway HomeServices Colorado Properties
List Price
$525,000
Sold Price
$530,000
Premium/Discount to List
$5,000
0.95%
Views
25
Current Estimated Value
$600,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,362
Avg. Annual Appreciation
5.50%
Original Mortgage
$405,000
Outstanding Balance
$396,117
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$204,245

Purchase Details

Closed on
Oct 5, 1998
Bought by
Casey Richard C and Kelen Rea G
Source: Public Records

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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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
Dean Melissa Snail $530,000 Land Title Guarantee
Casey Richard C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dean Melissa Snail $405,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2023 09/05/23 Sold $530,000 +1.0% $566 / Sq Ft
07/30/2023 07/30/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $525,000 -- $560 / 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 $1,341 $36,650 $18,790 $17,860
2024 $1,141 $28,380 $13,430 $14,950
2023 $1,141 $31,360 $14,840 $16,520
2022 $1,057 $33,270 $15,740 $17,530
2021 $1,062 $26,750 $13,540 $13,210
2020 $992 $25,800 $13,360 $12,440
2019 $949 $25,800 $13,360 $12,440
2018 $883 $24,320 $12,650 $11,670
2017 $864 $24,320 $12,650 $11,670
2016 $781 $23,960 $12,100 $11,860
2015 $732 $23,960 $12,100 $11,860
2014 -- $22,530 $11,620 $10,910
2013 -- $22,530 $11,620 $10,910
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Marcy Pryor

    Coldwell Banker Mountain Properties

    (970) 749-5626

    1 in this area

    40 Total Sales

    Marcy Pryor
    Section Image
  • Tina Miely

    Buyer's Agent in 2023

    Tina Miely

    Berkshire Hathaway HomeServices Colorado Properties

    (970) 946-2902

    3 in this area

    105 Total Sales

    Tina Miely
    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 806449

Colorado Real Estate Network (CREN)

APN: R002200

Colorado La Plata County Durango 81301 So Co

556 E 7th Ave, Durango, CO

Not Listed for Sale

Detached

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