NOT LISTED FOR SALE

578 Hermosa Meadows Rd Durango, CO 81301

Estimated Value: $209,000 - $227,000

0.13 Acre
$1,651,515 Price per Acre
5,750 Sq Ft Lot

Last Sold May 07, 2024

Last sale price $199,000

Est. 10% increase in value since last sale

Current estimated payment $1,436/month

10 Days on Market

Highlights

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

About This Lot

As of May 2024

What a beautiful place to live! The Cove, next to Dalton Ranch in the Hermosa area north of Durango, is a small subdivision of only 42 lots, with private Animas River frontage and access. The open space enjoyed by the homeowners at The Cove includes 11 acres of a lush park with ponds on one side of the river and 24 acres on the other side of the river, ensuring no future building will happen across the water. Giant cottonwoods, up to 150’ tall, grace the subdivision and you’ll enjoy the water rights which come with the annual HOA dues of $950, allowing for lush lawns, gardening efforts and water features. PJ’s Gourmet Market, True Value Hardware and the Dalton Ranch clubhouse and restaurant, with golf, tennis, swim and workout facilities are close by. Just a ten minute drive up from town to The Cove, and 15 minutes further north takes you to world class skiing at Purgatory. This is the ideal area for the active, outdoor enthusiast: you can walk to the river for fishing, paddle boarding and other river sports! This lot, #7, is across the street from the lovely 11 acre park (maintained by the HOA) and pond - and can accommodate a single or two story home with fabulous views of the mountains. Minimum home size requirement is 1600 sf, with maximum of 2540 sf. Central gas, water and electric are installed to each lot line. The low HOA fees cover park and open space maintenance, exterior water rights, snow plowing and road maintenance. Secure your spot in this beautiful area today!

Last Agent to Sell the Property

Christine Serwe

The Wells Group of Durango, LLC Listed on: 03/22/2024

Last Buyer's Agent

Christine Serwe

The Wells Group of Durango, LLC Listed on: 03/22/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,868

Lot Details

  • 5,750 Sq Ft Lot
  • Level Lot
  • Cleared Lot

HOA Fees

  • $79 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

  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include irrigation, road maintenance, snow removal
  • The Cove HOA
  • Cove Subdivision

Listing and Financial Details

  • Security Deposit $5,000
  • Assessor Parcel Number 559710419007

Property Details

Property Type

Land

Est. Annual Taxes

$1,868

Lot Details

0

HOA Fees

$79 per month

Listing Details

  • Class: Land
  • Em Holder: Colorado Title & Closing
  • Legal Lot Block: Lot 7 of The Cove, Project No. 2003-0087, according to the plat thereof filed for record September 15, 2003 as Reception No. 867582
  • Lot Dimension: 0.132
  • Lot Size Acreage: 0-.25 Acres
  • Parcel Id Number: 559710419007
  • Property Description: Cleared
  • Street Descriptionaccess: County, Paved
  • Street Designation: Road
  • Tax Account Id: R425977
  • Zoning: Residential Single Family
  • HOA Fee Frequency: Annually
  • Domestic Sewer: Sewer Tap Available, Central
  • Domestic Water: Public, Tap Available
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 0.132
  • Current Property Use: Residential Single Family
  • Em Deposit: 5,000
  • Possible Property Use: Residential Single Family
  • Price Acre: 1583333.33
  • Topography: Level
  • Price per Sq Ft: 36.35
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 1507575.76
  • Water Tap Available: Yes
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Total Taxes Dollar: 1,868.20
  • Prop Description Remarks: What a beautiful place to live! The Cove, next to Dalton Ranch in the Hermosa area north of Durango, is a small subdivision of only 42 lots, with private Animas River frontage and access. The open space enjoyed by the homeowners at The Cove includes 11 acres of a lush park with ponds on one side of the river and 24 acres on the other side of the river, ensuring no future building will happen across the water. Giant cottonwoods, up to 150’ tall, grace the subdivision and you’ll enjoy the water rights which come with the annual HOA dues of $950, allowing for lush lawns, gardening efforts and water features. PJ’s Gourmet Market, True Value Hardware and the Dalton Ranch clubhouse and restaurant, with golf, tennis, swim and workout facilities are close by. Just a ten minute drive up from town to The Cove, and 15 minutes further north takes you to world class skiing at Purgatory. This is the ideal area for the active, outdoor enthusiast: you can walk to the river for fishing, paddle boarding and other river sports! This lot, #7, is across the street from the lovely 11 acre park (maintained by the HOA) and pond - and can accommodate a single or two story home with fabulous views of the mountains. Minimum home size requirement is 1600 sf, with maximum of 2540 sf. Central gas, water and electric are installed to each lot line. The low HOA fees cover park and open space maintenance, exterior water rights, snow plowing and road maintenance. Secure your spot in this beautiful area today!
  • Subdv Name: Cove
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains

Utilities

  • Utilities: Electricity, Phone, Natural Gas, Cable Tv, Internet
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Water Supplier: Animas Water Company

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Irrigation, Road Maintenance, Snow Removal
  • Hoametro Fees: 950
  • Hoa Name: The Cove

Schools

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

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
May 7, 2024
Sold by
Cochran Robert and Cochran Nancy
Bought by
Marshall Aliisa and Marshall Scot
Seller's Agent
Christine Serwe
The Wells Group of Durango, LLC
Buyer's Agent
Christine Serwe
The Wells Group of Durango, LLC
List Price
$209,000
Sold Price
$199,000
Premium/Discount to List
-$10,000
-4.78%
Views
20
Current Estimated Value
$218,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,000
Avg. Annual Appreciation
7.21%

Purchase Details

Listed on
Feb 10, 2021
Closed on
Apr 5, 2022
Sold by
Anthony Oney John
Bought by
Cochran Robert and Cochran Nancy
Seller's Agent
Max Hutcheson
The Wells Group of Durango, LLC
Buyer's Agent
Max Hutcheson
The Wells Group of Durango, LLC
List Price
$155,000
Sold Price
$145,000
Premium/Discount to List
-$10,000
-6.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.35%

Purchase Details

Listed on
Feb 10, 2021
Closed on
Mar 30, 2022
Sold by
J Bar D Gst
Bought by
Cochran Robert and Cochran Nancy
Seller's Agent
Max Hutcheson
The Wells Group of Durango, LLC
Buyer's Agent
Max Hutcheson
The Wells Group of Durango, LLC
List Price
$155,000
Sold Price
$145,000
Premium/Discount to List
-$10,000
-6.45%
Source: Public Records

Range of Values:

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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
Marshall Aliisa $199,000 None Listed On Document
Cochran Robert -- None Listed On Document
Cochran Robert $145,000 Colorado Title & Closing Servi
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Scot $784,276
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2024 05/07/24 Sold $199,000 -4.8% --
04/01/2024 04/01/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $209,000 +44.1% --
04/06/2022 04/06/22 Sold $145,000 -6.5% --
12/27/2021 12/27/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $155,000 0.0% --
10/28/2021 10/28/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $155,000 0.0% --
07/03/2021 07/03/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $155,000 0.0% --
05/11/2021 05/11/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $155,000 -- --
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 $2,067 $53,160 $53,160 --
2024 $1,778 $40,980 $40,980 --
2023 $1,778 $42,600 $42,600 $0
2022 $1,550 $42,600 $42,600 $0
2021 $973 $22,680 $22,680 $0
2020 $1,163 $27,920 $27,920 $0
2019 $1,058 $26,460 $26,460 $0
2018 $462 $11,700 $11,700 $0
2017 $439 $11,330 $11,330 $0
2016 $297 $8,310 $8,310 $0
2015 $272 $8,070 $8,070 $0
2014 $272 $7,770 $7,770 $0
2013 -- $7,770 $7,770 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 811823

Colorado Real Estate Network (CREN)

APN: R425977