NOT LISTED FOR SALE

607 Hermosa Meadows Rd Durango, CO 81301

Estimated Value: $1,247,000 - $1,524,000

0.1 Acre
$13,388,800 Price per Acre
4,356 Sq Ft Lot

Last Sold December 04, 2020

Last sale price $165,000

Est. 711% increase in value since last sale

Current estimated payment $7,282/month

18 Days on Market

Highlights

  • Creek or Stream View
  • Open Space
  • Level Lot
  • Durango High School Rated A-
  • Property is near a golf course

About This Lot

As of December 2020

Fabulous views of the Red Cliffs will be yours as you sit out on your back porch, looking over the lush 11 acre riverside park. The Cove, just north of Dalton Ranch in Durango, is an exquisite small subdivision of only 42 lots, with private, direct access to Animas River. In fact, the open space enjoyed by the homeowners here includes 11 acres of a lush park with ponds on one side of the river and 25 acres on the other side of the river, ensuring no future building will happen across the water. On this lot, you can build a single level home of 2640 sq ft, inclusive of garage; or add a second floor and go up to 3000 sf with a variance. Minimum house size is 1600 square feet. Giant cottonwoods, up to 150’ tall, grace the subdivision and you’ll love having the water rights which come with the annual HOA dues of only $500, allowing for lush lawns, gardening, and waterscaping around your home. The Cove is situated far enough off of Hwy 550 to preclude any road noise. PJ’s Gourmet Market, True Value Hardware and the Dalton Restaurant, golf, tennis, swim and workout facilities are right down the street. Located just a ten minute drive north from town, and 15 minutes on up takes you to world class skiing at Purgatory. The ideal area for the active, outdoor enthusiast; walk through the park to the river for fishing, paddle boarding and other river sports! This lot, #19, backs directly to the lovely 11 acre park (maintained by the HOA). Central gas, water and electric to each lot line. Includes the paid sewer tap of $7500. The low HOA fees cover park and open space maintenance, exterior water rights, snowplowing and road maintenance. No restrictions as to when you build your home. Secure your location in this beautiful area today!

Last Agent to Sell the Property

Linda Buzzalini

Linda Buzzalini, Independent Broker Listed on: 10/24/2020

Last Buyer's Agent

Kayden Hyson

Coldwell Banker Mountain Properties

Coldwell Banker Mountain Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,392

Lot Details

  • 4,356 Sq Ft Lot
  • Open Space
  • Level Lot

HOA Fees

  • $42 Monthly HOA Fees

Property Views

  • Creek or Stream
  • Mountain
  • Valley

Location

  • Property is near a golf course

Schools

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

Utilities

  • Irrigation Water Rights
  • Sewer Tap Fee
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Security Deposit $7,500
  • Assessor Parcel Number 559710419019

Property Details

Property Type

Land

Est. Annual Taxes

$1,392

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Class: Land
  • Em Holder: Title Durango
  • Fronts: backs to park, then river
  • Legal Lot Block: SUBDIVISION: THE COVE LOT: 19 PROJ 2003-0087
  • Lot Dimension: 70' x 65' +/-
  • Lot Size Acreage: 0-.25 Acres
  • Parcel Id Number: 559710419019
  • Property Description: Golf Course Near, Adj To Open Space
  • Street Descriptionaccess: Paved, Private Winter Maintenanc
  • Street Designation: Road
  • Zoning: Residential Single Family
  • HOA Fee Frequency: Annually
  • Domestic Sewer: Sewer Tap Paid
  • Domestic Water: Public
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Irrigation Acres: 0.1
  • Estimated Total Acres: 0.1
  • Current Property Use: Residential Single Family
  • Em Deposit: 7500
  • Possible Property Use: Residential Single Family
  • Water Rights Irrigation: Yes
  • Irrigation Systemrights: Owned
  • Irr Water Descamnt: landscape
  • Topography: Level
  • Price per Sq Ft: 39
  • Sewer Paid: Yes
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 1650000
  • Water Tap Available: Yes
  • HOA Fees: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 1392.48
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains, Valley, Stream/River

Utilities

  • Utilities: Electricity, Phone, Natural Gas, Cable Tv, Internet
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Irrigation Water District: herm cr/animas river
  • Water Supplier: Animas Water Company

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Irrigation, Road Maintenance, Snow Removal
  • Hoametro Fees: $500
  • Hoa Name: Cove HOA

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2024
Sold by
Newton Frank and Newton Jan
Bought by
Dahl Wanda L
Current Estimated Value
$1,338,880

Purchase Details

Listed on
Oct 24, 2020
Closed on
Dec 1, 2020
Sold by
Wilson Scott M and Wilson Anna L
Bought by
Newton Frank and Newton Jan
Seller's Agent
Linda Buzzalini
Linda Buzzalini, Independent Broker
Buyer's Agent
Kayden Hyson
Coldwell Banker Mountain Properties
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.37%

Purchase Details

Closed on
Sep 12, 2017
Sold by
Wilson Scott M and Wilson Anna L
Bought by
Wilson Scott M and Wilson Anna L

Purchase Details

Closed on
Jul 1, 2013
Sold by
Cletex Industries Inc
Bought by
Wilson Scott M and Wilson Anna L

Purchase Details

Closed on
May 3, 2011
Sold by
Alpine Bank
Bought by
Cletex Industries Inc

Purchase Details

Closed on
Aug 6, 2010
Sold by
Smith Floyd
Bought by
Alpine Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dahl Wanda L $1,385,000 None Listed On Document
Newton Frank $165,000 Capital Title
Wilson Scott M -- None Available
Wilson Scott M $80,000 Colorado Land Title Co Llc
Cletex Industries Inc $92,000 Land Title Guarantee Company
Alpine Bank -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2020 12/04/20 Sold $165,000 -2.9% --
11/11/2020 11/11/20 Pending -- -- --
10/24/2020 10/24/20 For Sale $169,900 -- --
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 $2,452 $54,440 $15,360 $39,080
2024 $2,109 $48,620 $11,420 $37,200
2023 $2,109 $51,790 $12,160 $39,630
2022 $1,537 $54,250 $12,740 $41,510
2021 $1,214 $28,310 $28,310 $0
2020 $1,451 $34,840 $34,840 $0
2019 $1,320 $33,020 $33,020 $0
2018 $597 $15,120 $15,120 $0
2017 $567 $14,650 $14,650 $0
2016 $385 $10,750 $10,750 $0
2015 $351 $10,430 $10,430 $0
2014 $351 $10,050 $10,050 $0
2013 -- $10,050 $10,050 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 775890

Colorado Real Estate Network (CREN)

APN: R425989