NOT LISTED FOR SALE

560 E 3rd Ave Unit A Durango, CO 81301

So Co Neighborhood

Estimated Value: $702,000 - $808,000

2 Beds
2 Baths
1,461 Sq Ft
$63/mo HOA Fee

Last Sold May 26, 2022

Last sale price $725,000 $496 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,427/month

8 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Covered patio or porch
  • Park Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Breakfast Area or Nook

About This Home

As of May 2022

Listed as a condo, but lives like a Stick Built! This unique lot contains two single family homes that live under an HOA. Condo in concept only! If you've been looking for your Durango dream home, you've just found it. Originally built in 1918, this adorable bungalow on Historic Third Avenue was gutted and completely rebuilt in 2019. The rebuild preserved many of the distinctive architectural details including the original window casings in the living room and dining nook; stunning wood beams and the charming oasis that is the covered front porch. The rebuild, however, also updated this charmer to offer all the modern comforts that you demand. An Ecobee smart thermostat controls the central AC and heating system while the gas fireplace is on easy remote control. A brand new roof and furnace keeps you toasty and warm during Colorado winters, and an on-demand water heater provides plenty of water for your luxurious soaking tub! As you enter the home, the spacious covered front porch invites you to linger, enjoying morning coffee or an evening sundowner while relaxing into the pulse of Durango's historic downtown and coveted Third Avenue promenade. After a relaxing glass of wine on the porch, stretch your legs and take a stroll to the plethora of downtown restaurants, boutiques and art galleries...just 2 blocks away! Perhaps your wander winds down with a gander at one of Buckley Park's free concerts, or one of the various street festivals that Durango hosts throughout the year. As you return to the main entrance of the house, you'll notice that custom tile work is consistently showcased throughout: in the living room's stunning fireplace facade; the whimsical sunflower themed kitchen backsplash and the artistic placement in both the master and guest bathrooms. The tidy kitchen features leathered granite counter tops, new appliances, custom wood cabinets and enough room for a romantic dinner for two or an intimate dinner party. The high ceilings in the master bedroom add an airy feel to your cozy evening respite. Feeling a bit chilled from your evening stroll? Simply "zen out" in the deep soaking tub of your master bath. Adjacent to the living room you'll enter an efficient office that can also double as a small bedroom, with a closet and egress window. Follow a short flight of stairs into a lofted bedroom with separate closet and storage area. The house has an unfinished basement with plenty of water-tight storage and a large freezer. The precious fenced yard is laden with tulips and flowering trees and perhaps the largest lilac bushes you've ever seen in your life! The fenced yard includes a lovely storage shed that is included with the sale of the home. This is a turn-key find that is ready for all of your Durango adventures!

Last Agent to Sell the Property

Aimee Hebert

Berkshire Hathaway HomeServices Colorado Properties Listed on: 04/21/2022

Berkshire Hathaway HomeServices Colorado Properties

Last Buyer's Agent

Dan Korman

Alpenglow Properties LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,308

Year Built

  • Built in 1918

Lot Details

  • Back Yard Fenced
  • Landscaped
  • Sprinkler System

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 2 Carport Spaces

Home Design

  • Bungalow
  • Asphalt Roof
  • Concrete Siding

Interior Spaces

  • 1,461 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Wood Flooring
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch
  • Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 566529309019

Community Details

Overview

  • Association fees include insurance
  • Russell Place Condominiums HOA

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,308

Year Built

Built in 1918

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave, Freezer
  • Class: RESIDENTIAL
  • Em Deposit: 15,000
  • Em Holder: LANDTITLEG
  • Exterior Inclusions: Shed/Storage, Landscaping, Lawn Sprinklers, Covered Porch
  • Interior Inclusions: Window Coverings, W/D Hookup, Skylight(s), Vaulted Ceiling, Walk In Closet
  • Legal Lot Block: Subdivision: RUSSELL PLACE CONDOS LOTS 16 & 17 BLK 23 Unit: A PER PLAT 1125309 560 E 3RD AVE #A DURANGO 81301
  • List Price per Sq Ft: 496.24
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 566529309019
  • Price Per Sq Ft: 496.24
  • Real Estate Included: Yes
  • Realist Id: 5665-293-09-019
  • Residence Stories: Two Story
  • Residence Style: Bungalow
  • Sale/Rent: For Sale
  • Siding: Concrete
  • Sold Price Sq Ft: 496.24
  • Street Descriptionaccess: City/Town
  • Street Designation: Avenue
  • Zoning: Residential Single Family, Commercial
  • Type: Condo
  • Hoa Dogs Allowed: Yes
  • HOA Fees: Yes
  • Internet Provider: Charter Spectrum
  • Internet Service: Yes
  • Total Taxes Dollar: 1308.20
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 19

Interior Features

  • Dining Room: Kitchen Bar, Eat-in Kitchen, Breakfast Nook
  • Bedrooms: 2
  • Flooring: Hardwood
  • Estimated Total Sq Ft: 1461
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 2
  • Fireplace Location Type: Gas Logs, Living Room
  • Foundation: Basement-below grade
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Fence: Fenced - Back
  • Construction Type: Concrete/Block, Wood Frame
  • Exterior Structures: Shed
  • Roof: Asphalt

Garage/Parking

  • Carport: Yes
  • Carport Spaces: 2

Utilities

  • Utilities: Electric, Cable TV, Internet, Phone - Cell Reception
  • Cooling: Central A/C
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Heating System: Forced Air, Fireplace
  • Sewer Supplier: City of Durango
  • Water Heater: Tankless
  • Water Supplier: City of Durango

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Insurance
  • Hoametro Fees: 750
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: Russell Place Condominiums

Schools

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

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
May 26, 2022
Sold by
Mann Candace M
Bought by
Mount Melissa and Mount Andrew
Seller's Agent
Aimee Hebert
Berkshire Hathaway HomeServices Colorado Properties
Buyer's Agent
Dan Korman
Alpenglow Properties LLC
List Price
$725,000
Sold Price
$725,000
Current Estimated Value
$763,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,809
Avg. Annual Appreciation
1.66%
Original Mortgage
$580,000
Outstanding Balance
$555,033
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$208,401

Purchase Details

Closed on
Apr 27, 2018
Sold by
Pws Holdings Llc
Bought by
Mann Jimmy R and Mann Candace M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
4.44%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Mount Melissa $725,000 Land Title
Mann Jimmy R $480,000 Land Title Guarantee Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mount Melissa $580,000
Previous Owner Mann Candace M $368,550
Previous Owner Mann Jimmy R $412,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold $725,000 0.0% $496 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $725,000 -- $496 / 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
2024 $1,754 $43,630 -- $43,630
2023 $1,754 $46,750 $0 $46,750
2022 $1,303 $49,080 $0 $49,080
2021 $1,308 $32,960 $0 $32,960
2020 $1,273 $33,120 $0 $33,120
2019 $1,218 $33,120 $0 $33,120
2018 $1,170 $32,200 $0 $32,200
2017 $2,475 $69,690 $19,750 $49,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 792554

Colorado Real Estate Network (CREN)

APN: R436155