NOT LISTED FOR SALE

611 Hermosa Meadows Rd Durango, CO 81301

Estimated Value: $1,447,593 - $1,556,000

0.1 Acre
$15,018,980 Price per Acre
4,356 Sq Ft Lot

Last Sold March 12, 2021

Last sale price $168,500

Est. 791% increase in value since last sale

Current estimated payment $8,299/month

About This Lot

As of March 2021

This level building lot in The Cove is ready for you to build your dream home in the heart of the Animas Valley. The Cove offers a private location only minutes from Downtown Durango, Dalton Ranch & Glacier Club, Purgatory and more. 35 private acres of dedicated open space with Animas River access make living at The Cove a true Colorado Dream. Don't miss this opportunity!

Last Agent to Sell the Property

Max Hutcheson

The Wells Group of Durango, LLC Listed on: 02/10/2021

Last Buyer's Agent

Max Hutcheson

The Wells Group of Durango, LLC Listed on: 02/10/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,416

Lot Details

  • 4,356 Sq Ft Lot

HOA Fees

  • $42 Monthly HOA Fees

Schools

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

Community Details

  • Cove HOA

Listing and Financial Details

  • Security Deposit $5,000
  • Assessor Parcel Number 559710419020

Property Details

Property Type

Land

Est. Annual Taxes

$1,416

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Class: Land
  • Em Holder: Colorado Title
  • Legal Lot Block: Subdivision: THE COVE Lot: 20 PROJ 2003-0087 611 HERMOSA MEADOWS RD DURANGO 81301
  • Lot Size Acreage: 0-.25 Acres
  • Parcel Id Number: 559710419020
  • Street Designation: Road
  • Zoning: Residential Single Family
  • HOA Fee Frequency: Annually
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 0.1
  • Current Property Use: Residential Single Family
  • Em Deposit: 5000
  • Possible Property Use: Residential Single Family
  • Mineral Rights: Unknown
  • Price Acre: 1890000
  • Price per Sq Ft: 43.39
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 1685000
  • Water Tap Available: Yes
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Total Taxes Dollar: 1415.72
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Utilities

  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Water Supplier: Animas Water Company

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 500
  • Hoa Name: 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: 2020

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
Feb 10, 2021
Closed on
Mar 12, 2021
Sold by
Mason Barry and Mason Bret
Bought by
Mackie Robert A and Monsees Lisa
Seller's Agent
Max Hutcheson
The Wells Group of Durango, LLC
Buyer's Agent
Max Hutcheson
The Wells Group of Durango, LLC
List Price
$189,000
Sold Price
$168,500
Premium/Discount to List
-$20,500
-10.85%
Current Estimated Value
$1,501,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,333,398
Avg. Annual Appreciation
61.25%

Purchase Details

Closed on
Aug 17, 2004
Bought by
Mason Barry and Mason S
Source: Public Records

Range of Values:

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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
Mackie Robert A $168,500 Colorado Ttl & Closing Svcs
Mason Barry $1,500,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $168,500 -10.8% --
02/10/2021 02/10/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $189,000 -- --
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 $3,522 $95,450 $15,360 $80,090
2024 $2,219 $69,830 $11,670 $58,160
2023 $2,219 $51,140 $51,140 $0
2022 $1,934 $53,160 $53,160 $0
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: 778572

Colorado Real Estate Network (CREN)

APN: R425990