$2,250,000

589 High Llama Ln Durango, CO 81301

Estimated payment $12,071/month

Total Views 14,667
14.7 Acres
$153,061 Price per Acre
640,332 Sq Ft Lot

Highlights

  • 14.7 Acre Lot
  • Mountain View
  • Lot Has A Rolling Slope
  • Durango High School Rated A-

About This Lot

14.7 acres in the path of development at the edge of Durango City limits. No HOA & No Covenants. City of Durango will require annexation for this land that is zoned medium density residential and approved for up to 12 units per acre. With the average price of a home in Durango now running over $900K, there's plenty of profit margin here for a developer. Central water and sewer are located just to the south at the corner of High Llama Lane and Wilson Gulch Road. Adjoining 10.27 acres to the south can be purchased with this property at a package price of $3.6M. No value give to the improvements. Annual taxes are only $1,001.56.

Listing Agent

Justin Osborn

The Wells Group of Durango, LLC Listed on: 11/05/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,002

Lot Details

  • 14.7 Acre Lot
  • Lot Has A Rolling Slope
  • Property is zoned Residential Multi Family

Property Views

  • Mountain
  • Valley

Schools

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

Utilities

  • Well

Listing and Financial Details

  • Security Deposit $50,000
  • Assessor Parcel Number 566903100017

Property Details

Property Type

Land

Est. Annual Taxes

$1,002

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Title Durango
  • Legal Lot Block: TRACT: B SECTION: 3 TOWNSHIP: 34 RANGE: 9 EXEMPTION PLAT 84-90 589 HIGH LLAMA LN DURANGO 81301
  • Lot Dimension: See map
  • Lot Size Acreage: 11-20 Acres
  • Parcel Id Number: 566903100017
  • Street Designation: Lane
  • Tax Account Id: R017028
  • Zoning: Residential Multi Family, Residential Single Family
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 14.7
  • Current Property Use: Dry Land
  • Em Deposit: 50,000
  • Mineral Rights: Unknown
  • Price Acre: 153061.22
  • Topography: Sloped, Rolling
  • Modularmobile Allow: Both
  • Price per Sq Ft: 3.51
  • Sewer Tap Avail: Yes
  • Water Tap Available: Yes
  • Total Taxes Dollar: 1,001.56
  • Prop Description Remarks: 14.7 acres in the path of development at the edge of Durango City limits. No HOA & No Covenants. City of Durango will require annexation for this land that is zoned medium density residential and approved for up to 12 units per acre. With the average price of a home in Durango now running over $900K, there's plenty of profit margin here for a developer. Central water and sewer are located just to the south at the corner of High Llama Lane and Wilson Gulch Road. Adjoining 10.27 acres to the south can be purchased with this property at a package price of $3.6M. No value give to the improvements. Annual taxes are only $1,001.56.
  • Subdv Name: Not Applicable
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains, Valley

Utilities

  • Utilities: Electricity
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Water Supplier: City Of Durango
  • Water Well: Yes

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

Tax Info

  • Tax Year: 2023

MLS Schools

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

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $837 $28,310 $18,830 $9,480
2024 $718 $23,630 $16,130 $7,500
2023 $718 $27,320 $18,640 $8,680
2022 $624 $28,340 $19,340 $9,000
2021 $628 $22,140 $15,380 $6,760
2020 $603 $21,980 $15,180 $6,800
2019 $578 $21,980 $15,180 $6,800
2018 $502 $20,100 $13,290 $6,810
2017 $493 $20,120 $15,610 $4,510
2016 $463 $21,110 $16,420 $4,690
2015 $436 $21,110 $16,420 $4,690
2014 -- $20,350 $16,420 $3,930
2013 -- $20,350 $16,420 $3,930
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2024 11/05/24 For Sale $2,250,000 -- --
Source: Colorado Real Estate Network (CREN)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Bargain Sale Deed -- None Available
Warranty Deed $152,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $164,000 New Conventional
Previous Owner $164,000 New Conventional
Previous Owner $30,000 Credit Line Revolving
Previous Owner $160,000 New Conventional
Previous Owner $25,000 Credit Line Revolving
Previous Owner $135,400 New Conventional
Source: Public Records

Source: Colorado Real Estate Network (CREN)

MLS Number: 819207

Colorado Real Estate Network (CREN)

APN: R017028

Colorado La Plata County Durango 81301

589 High Llama Ln, Durango, CO

This home is located at 589 High Llama Ln, Durango, CO 81301 and is currently priced at $2,250,000. 589 High Llama Ln is a home located in La Plata County with nearby schools including Florida Mesa Elementary School, Escalante Middle School, and Durango High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Colorado Real Estate Network (CREN) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Justin Osborn
Listing Agent
Justin Osborn
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The Wells Group of Durango, LLC
(970) 536-1547