NOT LISTED FOR SALE

580 Waters Way Durango, CO 81301

Estimated Value: $1,069,000 - $1,205,000

3 Beds
2.5 Baths
2,981 Sq Ft
$379/Sq Ft Est. Value

Last Sold November 16, 2022

Last sale price $1,000,000 $335 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,252/month

41 Days on Market

Highlights

  • RV or Boat Parking
  • Mountain View
  • Cathedral Ceiling
  • Durango High School Rated A-
  • Deck
  • Radiant Floor

About This Home

As of November 2022

This fully furnished, custom crafted log home on over 6 acres has been lovingly and meticulously maintained over the years and is ready for the next set of memories to be created here. Located less than 12 miles from historic downtown Durango and less than 15 minutes from Mercy Regional Hospital, the property provides a retreat in the pines with numerous outdoor spaces to take in the views and peaceful setting. The home offers a quintessential Colorado experience with a vaulted great room, accent lighting to highlight the hand hewn logs and trusses, hardwood flooring, and large fireplace with river rock surround, creating the ultimate place for gatherings. The home is oriented to provide an extraordinary view from both the expansive floor to ceiling windows, equipped with solar shades, or from the generously sized low-maintenance composite deck beyond. The living room is open to the kitchen with granite countertops, Bosch 5 burner range, custom cabinets, raised wood breakfast bar with stone accents, and dining area with bay windows and vaulted ceiling. Also on the main level you will find an office/ guest room hosting bunk beds and a full bed, as well as the primary master suite with vaulted ceilings, walk-in closet, and attached 3/4 bath with direct access to the deck and hot tub. Upstairs you will find a spacious loft area overlooking the great room with views as well as an additional bedroom with en-suite 3/4 bath. The lower level offers not only a generously oversized two car garage, but also a mudroom with utility sink and large workshop. An additional 3rd car garage is accessed from the exterior, the perfect place to store your gear for your outdoor adventures that await you. Or you may opt to just enjoy all the property has to offer and never leave home with the tranquil sounds of the recirculating stream water feature, outdoor pavilion space for entertaining, and campfire ring to take in an evening of stargazing. This home contains a high efficiency propane boiler for the 8-zone in-floor radiant heating system, interior fire sprinkler system, and an outdoor drip irrigation system. This property creates the perfect place for a full-time residence or vacation home getaway. Note: The county assessor and septic both have this property noted as a 2 bedroom home, but the home is advertised as a 3 bedroom for marketing purposes only. There is no closet in the office/ bunk room so it technically is not considered a bedroom by county definitions and the upstairs bedroom is served by an armoire closet. The septic tank size of 1000 gallons is large enough to correspond with 3 bedrooms. The home has been pre-inspected.

Last Agent to Sell the Property

Christina Rinderle

Durango Land and Homes Listed on: 07/27/2022

Last Buyer's Agent

Maggy Isiordia

RE/MAX Pinnacle

RE/MAX Pinnacle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,924

Year Built

  • Built in 2005

Lot Details

  • 6.64 Acre Lot
  • Landscaped

Property Views

  • Mountain
  • Valley

Home Design

  • Log Cabin
  • Architectural Shingle Roof
  • Log Siding
  • Stick Built Home

Interior Spaces

  • 2,981 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Window Treatments
  • Mud Room
  • Living Room with Fireplace

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • RV or Boat Parking

Outdoor Features

  • Deck
  • Patio
  • Gazebo

Schools

  • Florida Mesa K-5 Elementary School
  • Escalante 6-8 Middle School
  • Durango 9-12 High School

Utilities

  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Well
  • Septic Tank
  • Septic System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 567129400063

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,924

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Microwave
  • Estimated Total Acres: 6.64
  • Class: RESIDENTIAL
  • Em Deposit: 25,000
  • Em Holder: Land Title Guarantee
  • Exterior Inclusions: Landscaping, Patio, Deck
  • Interior Inclusions: Window Coverings, Cathedral Ceiling, Vaulted Ceiling, Walk In Closet, Garage Door Opener, Mud Room
  • Legal Lot Block: SECTION: 29 TOWNSHIP: 35 RANGE: 8 PARCEL I, CULHANE HILLS MES PROJ 2003-036 580 WATERS WAY DURANGO 81301
  • List Price per Sq Ft: 369
  • Lot Size Acreage: 5-9.99
  • Parcel Id Number: 567129400063
  • Price Per Sq Ft: 335.46
  • Real Estate Included: Yes
  • Realist Id: 5671-294-00-063
  • Residence Stories: Two Story
  • Residence Style: Log
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Log
  • Sold Price Sq Ft: 335.46
  • Street Descriptionaccess: Private
  • Street Designation: Way
  • Tax Account Id: R425817
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Provider: AlignTec
  • Internet Service: Yes
  • Total Taxes Dollar: $2,221.24
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Island, Kitchen Bar, Eat-in Kitchen, Breakfast Nook
  • Bedrooms: 3
  • Flooring: Carpet-Partial, Hardwood, Slate, Tile
  • Estimated Total Sq Ft: 2981
  • Full Bathrooms: 0
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 2
  • Total Bathrooms: 3
  • Fireplace Location Type: Living Room
  • Master Bedrm Dimensions: 16.4x16.8
  • Master Bedroom Level: Main Level

Exterior Features

  • Construction Type: Log, Wood
  • Exterior Structures: Gazebo, RV/Boat Shelter
  • Roof: Architectural Shingles
  • Views: Mountains, Valley

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 3

Utilities

  • Utilities: Electric, Propane-Tank Leased, Internet, Phone - Cell Reception
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Basin Co-Op
  • Heating System: Floor Radiant, Fireplace
  • Sewer Supplier: Septic
  • Water Supplier: Well

Schools

  • Elementary School: Florida Mesa K-5
  • Middle School: Escalante 6-8
  • High School: Durango 9-12
  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

MLS Schools

  • Elementary School: Florida Mesa K-5
  • Middle School: Escalante 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2024
Sold by
Waldman Robert and Stoutenburg Lori
Bought by
Colorado Cabin Rentals Llc
Current Estimated Value
$1,128,682

Purchase Details

Listed on
Jul 27, 2022
Closed on
Nov 16, 2022
Sold by
Waldman Robert
Bought by
Waldman Robert and Stoutenburg Lori
Seller's Agent
Christina Rinderle
Durango Land and Homes
Buyer's Agent
Maggy Isiordia
RE/MAX Pinnacle
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%
Original Mortgage
$800,000
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2021
Sold by
Henry Hotchkiss Iii Joseph
Bought by
Vasko Kelsey

Purchase Details

Closed on
Dec 20, 2013
Sold by
Maroz Howard and Maroz Linda
Bought by
Hotchkiss Joseph H

Purchase Details

Closed on
Apr 13, 2004
Bought by
Hotchkiss Joseph H
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
Colorado Cabin Rentals Llc -- None Listed On Document
Waldman Robert -- --
Waldman Robert $1,000,000 Land Title
Vasko Kelsey -- New Title Company Name
Hotchkiss Joseph H $545,000 Colorado Land Title Co Llc
Hotchkiss Joseph H $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Waldman Robert $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2022 11/16/22 Sold $1,000,000 -9.1% $335 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $1,100,000 -- $369 / 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 $2,924 $65,130 $12,330 $52,800
2024 $2,532 $54,490 $10,570 $43,920
2023 $2,532 $58,180 $11,290 $46,890
2022 $2,203 $60,140 $11,710 $48,430
2021 $2,221 $48,150 $8,550 $39,600
2020 $1,971 $43,910 $8,550 $35,360
2019 $1,898 $43,910 $8,550 $35,360
2018 $1,868 $43,260 $8,610 $34,650
2017 $1,834 $43,260 $8,610 $34,650
2016 $1,714 $43,430 $9,910 $33,520
2015 $1,625 $43,430 $9,910 $33,520
2014 -- $43,480 $10,010 $33,470
2013 -- $43,480 $10,010 $33,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 796608

Colorado Real Estate Network (CREN)

APN: R425817