NOT LISTED FOR SALE

564 Tipple Ave Durango, CO 81301

Estimated Value: $781,000 - $1,884,000

0.25 Acre
$5,657,692 Price per Acre
10,890 Sq Ft Lot

Last Sold November 19, 2020

Last sale price $115,000

Est. 1,130% increase in value since last sale

Current estimated payment $8,232/month

45 Days on Market

Highlights

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

About This Lot

As of November 2020

Welcome to Twin Buttes, the City of Durango's finest and newest neighborhood. This is the 2nd phase of lots being released. Just 2 miles from downtown yet adjacent to almost endless wilderness, we offer the most extraordinary home sites in the area. With a working farm in the heart of our community, we are Durango's only farm-to-table neighborhood. Residents have access to miles of trails just steps from their front doors. High speed fiber optic internet is available to every home site. Lot 64 has 360 degree views including unobstructed views of the Twin Buttes. Sunny, flat, easy buildable lot.

Last Agent to Sell the Property

Philip Schoon

Keller Williams Realty Southwest Associates, LLC Listed on: 08/21/2020

Keller Williams Realty Southwest Associates, LLC

Last Buyer's Agent

Russell Smith

Keller Williams Realty Southwest Associates, LLC

Keller Williams Realty Southwest Associates, LLC

Property Details

Property Type

  • Land

Lot Details

  • 0.25 Acre Lot
  • Open Space
  • Sloped Lot

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
  • Phone Available

Listing and Financial Details

  • Security Deposit $5,000
  • Assessor Parcel Number 566123302032

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Title Company
  • Legal Lot Block: Lot 64, Twin Buttes Phase 1 Filing 1B & Parcel 1R-A-1 Subdivision
  • Lot Size Acreage: 0-.25 Acres
  • Parcel Id Number: 566123302032
  • Property Description: Adj To Open Space
  • Street Descriptionaccess: City/Town, Paved
  • Street Designation: Avenue
  • Zoning: Residential Single Family
  • Domestic Sewer: Central
  • 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: 5,000
  • Possible Property Use: Residential Single Family
  • Topography: Sloped
  • Price per Sq Ft: 10.56
  • Sewerseptic In: Yes
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 460000
  • Water Tap Available: Yes
  • Water Tap Installed: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 3,787.32
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains

Utilities

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

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2022
Sold by
2-Bac Inc
Bought by
Cook Andrew S and Feeney Bailey P
Current Estimated Value
$1,414,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Outstanding Balance
$965,719
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$448,704

Purchase Details

Listed on
Aug 21, 2020
Closed on
Nov 19, 2020
Sold by
Twin Buttes Of Durango Inc
Bought by
2/Bac Llc
Seller's Agent
Philip Schoon
Keller Williams Realty Southwest Associates, LLC
Buyer's Agent
Russell Smith
Keller Williams Realty Southwest Associates, LLC
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.53%
Original Mortgage
$100,000
Interest Rate
2.8%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cook Andrew S $1,300,000 New Title Company Name
2-Bac Inc -- Land Title
2/Bac Llc $115,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cook Andrew S $1,040,000
Previous Owner 2/Bac Llc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2020 11/19/20 Sold $115,000 0.0% --
10/05/2020 10/05/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $115,000 -- --
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 $9,424 $98,890 $11,420 $87,470
2024 $8,857 $80,380 $9,200 $71,180
2023 $8,857 $83,860 $9,590 $74,270
2022 $2,309 $87,200 $9,980 $77,220
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

  • Philip Schoon

    Seller's Agent in 2020

    Philip Schoon

    Keller Williams Realty Southwest Associates, LLC

    (970) 769-2857

    60 Total Sales

    Philip Schoon
    Section Image
  • Russell Smith

    Buyer's Agent in 2020

    Russell Smith

    Keller Williams Realty Southwest Associates, LLC

    (970) 749-5259

    85 Total Sales

    Russell Smith
    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 773669

Colorado Real Estate Network (CREN)

APN: R436787

Colorado La Plata County Durango 81301

564 Tipple Ave, Durango, CO

Not Listed for Sale

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