NOT LISTED FOR SALE

63 Cove Way Durango, CO 81301

Estimated Value: $297,000 - $307,000

0.1 Acre
$3,104,247 Price per Acre
4,225 Sq Ft Lot

Last Sold November 14, 2024

Last sale price $300,000

Current estimated payment $1,944/month

1 Day on Market

About This Lot

As of November 2024

Welcome to 63 Cove Way, a wonderful corner lot in the highly sought after community of The Cove in the heart of the Animas Valley. This private lot borders just under an acre of open space maintained by the HOA and has stunning views of the red cliffs. The Cove is conveniently located minutes from Dalton Ranch Golf Course, PJ's grocery store, and Durango Hot Springs and aa short drive to Downtown Durango and Purgatory Ski Resort. Residents enjoy private access to the Animas River and the large grass open space for picnics, fishing on the river, and enjoying the gorgeous outdoors that is located right at your doorstep. This lot is ready to build; water and sewer taps are paid for and installed, utilities already to the lot, and a sprinkler system installed. Don't miss this opportunity to build your dream home in this wonderful area!

Last Agent to Sell the Property

Ashley Kerlin

The Wells Group of Durango, LLC Listed on: 10/27/2024

Last Buyer's Agent

Ashley Kerlin

The Wells Group of Durango, LLC Listed on: 10/27/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,778

Lot Details

  • 4,225

HOA Fees

  • $125 Monthly HOA Fees

Schools

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

Additional Features

  • 4,225 Sq Ft Lot
  • Property is near a golf course
  • Septic System

Community Details

  • Cove HOA
  • Cove Subdivision

Listing and Financial Details

  • Security Deposit $7,000
  • Assessor Parcel Number 559710419009

Property Details

Property Type

Land

Est. Annual Taxes

$1,778

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Class: Land
  • Em Holder: Title Company
  • Legal Lot Block: THE COVE Lot: 9 PROJ 2003-0087 63 COVE WAY
  • Lot Dimension: .097
  • Lot Size Acreage: 0-.25 Acres
  • Parcel Id Number: 559710419009
  • Property Description: Golf Course Near
  • Street Designation: Way
  • Tax Account Id: 5597-104-190-09
  • Zoning: Residential Single Family
  • HOA Fee Frequency: Annually
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 0.097
  • Current Property Use: Residential Single Family
  • Em Deposit: 7,000
  • Possible Property Use: Residential Single Family
  • Mineral Rights: Unknown
  • Price Acre: 3247422.68
  • Price per Sq Ft: 74.55
  • Sewer Paid: Yes
  • Sewerseptic In: Yes
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 3092783.51
  • Water Tap Available: Yes
  • Water Tap Installed: Yes
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Total Taxes Dollar: 1,777.92
  • Prop Description Remarks: Welcome to 63 Cove Way, a wonderful corner lot in the highly sought after community of The Cove in the heart of the Animas Valley. This private lot borders just under an acre of open space maintained by the HOA and has stunning views of the red cliffs. The Cove is conveniently located minutes from Dalton Ranch Golf Course, PJ's grocery store, and Durango Hot Springs and aa short drive to Downtown Durango and Purgatory Ski Resort. Residents enjoy private access to the Animas River and the large grass open space for picnics, fishing on the river, and enjoying the gorgeous outdoors that is located right at your doorstep. This lot is ready to build; water and sewer taps are paid for and installed, utilities already to the lot, and a sprinkler system installed. Don't miss this opportunity to build your dream home in this wonderful area!
  • Subdv Name: Cove
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Utilities

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

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 1500
  • 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: 2024

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
Oct 27, 2024
Closed on
Nov 14, 2024
Sold by
Bates Kenneth and Bates Travis
Bought by
Anderson Richard H and Anderson Susan K
Seller's Agent
Ashley Kerlin
The Wells Group of Durango, LLC
Buyer's Agent
Ashley Kerlin
The Wells Group of Durango, LLC
List Price
$315,000
Sold Price
$300,000
Premium/Discount to List
-$15,000
-4.76%
Current Estimated Value
$301,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,112
Avg. Annual Appreciation
0.83%

Purchase Details

Closed on
Jul 3, 2024
Sold by
Bates Travis and Bates Katie
Bought by
Bates Kenneth and Bates Travis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
10.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2023
Sold by
Walzak Clifford
Bought by
Bates Travis and Bates Katie

Purchase Details

Listed on
Jun 2, 2020
Closed on
Sep 30, 2020
Sold by
Durango 7 Llc
Bought by
Walzak Clifford
Seller's Agent
Linda Buzzalini
Linda Buzzalini, Independent Broker
Buyer's Agent
Linda Buzzalini
Linda Buzzalini, Independent Broker
List Price
$139,000
Sold Price
$139,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.71%
Original Mortgage
$97,300
Interest Rate
2.9%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jun 2, 2020
Closed on
Sep 24, 2020
Sold by
Durango 7 Llc
Bought by
Walzak Clifford
Seller's Agent
Linda Buzzalini
Linda Buzzalini, Independent Broker
Buyer's Agent
Linda Buzzalini
Linda Buzzalini, Independent Broker
List Price
$139,000
Sold Price
$139,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,300
Interest Rate
2.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 1, 2011
Sold by
Summit Financial Corporation
Bought by
Durango 7 Llc
Source: Public Records

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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
Anderson Richard H $300,000 Land Title
Anderson Richard H $300,000 Land Title
Bates Kenneth $325,000 None Listed On Document
Bates Travis $260,000 Land Title
Walzak Clifford $139,000 Land Title
Walzak Clifford $139,000 Land Title Guarantee Company
Durango 7 Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bates Ken C $325,000
Previous Owner Bates Travis $99,578
Previous Owner Walzak Clifford $97,300
Previous Owner Walzak Clifford $97,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2024 11/14/24 Sold $300,000 -4.8% --
10/28/2024 10/28/24 Pending -- -- --
10/27/2024 10/27/24 For Sale $315,000 +126.6% --
09/30/2020 09/30/20 Sold $139,000 0.0% --
09/02/2020 09/02/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $139,000 -- --
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
2024 $1,778 $40,980 $40,980 --
2023 $1,778 $40,980 $40,980 $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 $0 $26,460 $26,460 $0
2018 $501 $12,680 $12,680 $0
2017 $476 $12,290 $12,290 $0
2016 $323 $9,020 $9,020 $0
2015 $294 $8,750 $8,750 $0
2014 $294 $8,420 $8,420 $0
2013 -- $8,420 $8,420 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 819066

Colorado Real Estate Network (CREN)

APN: R425979