$139,000
SOLD SEP 30, 2020

63 Cove Way Durango, CO 81301

0.1 Acre
$1,390,000 Price per Acre
4,356 Sq Ft Lot

Recently Sold

92 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 November 2024

What a beautiful place to live! The Cove, just north of Dalton Ranch in Durango, is an exquisite small subdivision of only 42 lots, with private Animas River frontage. 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 24 acres on the other side of the river, ensuring no future building will happen across the water. Giant cottonwoods, up to 150’ tall, grace the subdivision and you’ll enjoy the water rights which come with the annual HOA dues of only $500, allowing for lush lawns, gardening efforts and water features. Far enough off of Hwy 550 precludes any road noise, and PJ’s Gourmet Market, True Value Hardware and the Dalton Restaurant, golf, tennis, swim and workout facilities are right down the street. Just a ten minute drive up from town, and 15 minutes on up takes you to world class skiing at Purgatory. The ideal area for the active, outdoor enthusiast; you can walk over to the river for fishing, paddle boarding and other river sports! This lot, #9, backs to common area open space (maintained by the HOA) - and can accommodate a single or two story home. Minimum home size requirement of 1600 sf, with maximum of 2540 sf - variances can be granted allowing up to 2800 sf. House and garage can cover up to 50% of the lot size. Central gas, water and electric to each lot line. The low HOA fees cover park and open space maintenance, exterior water rights, snowplowing and road maintenance. Seller will entertain financing with a minimum 30% down. Secure your spot in this beautiful area today!

Last Agent to Sell the Property

Linda Buzzalini

Linda Buzzalini, Independent Broker Listed on: 06/02/2020

Last Buyer's Agent

Linda Buzzalini

Linda Buzzalini, Independent Broker Listed on: 06/02/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,116

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

Community Details

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

Listing and Financial Details

  • Security Deposit $7,500
  • Assessor Parcel Number 559710419009

Property Details

Property Type

Land

Est. Annual Taxes

$1,116

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Class: Land
  • Em Holder: Land Title Guarantee
  • Fronts: backs to open space
  • Legal Lot Block: Subdivision: THE COVE Lot: 9 PROJ 2003-0087
  • Lot Dimension: 70' x 60' +/-
  • Lot Size Acreage: 0-.25 Acres
  • Parcel Id Number: 559710419009
  • Property Description: Golf Course Near, Adj To Open Space
  • Street Descriptionaccess: Paved, Private Winter Maintenanc
  • Street Designation: Way
  • Tax Account Id: R425979
  • Zoning: Residential Single Family
  • HOA Fee Frequency: Annually
  • Domestic Sewer: Sewer Tap Paid
  • Domestic Water: Tap Available, 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
  • Price Acre: 1390000
  • Topography: Level
  • Price per Sq Ft: 31.91
  • Sewer Paid: Yes
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 1390000
  • Water Tap Available: Yes
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Total Taxes Dollar: 1,115.92
  • Prop Description Remarks: What a beautiful place to live! The Cove, just north of Dalton Ranch in Durango, is an exquisite small subdivision of only 42 lots, with private Animas River frontage. 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 24 acres on the other side of the river, ensuring no future building will happen across the water. Giant cottonwoods, up to 150’ tall, grace the subdivision and you’ll enjoy the water rights which come with the annual HOA dues of only $500, allowing for lush lawns, gardening efforts and water features. Far enough off of Hwy 550 precludes any road noise, and PJ’s Gourmet Market, True Value Hardware and the Dalton Restaurant, golf, tennis, swim and workout facilities are right down the street. Just a ten minute drive up from town, and 15 minutes on up takes you to world class skiing at Purgatory. The ideal area for the active, outdoor enthusiast; you can walk over to the river for fishing, paddle boarding and other river sports! This lot, #9, backs to common area open space (maintained by the HOA) - and can accommodate a single or two story home. Minimum home size requirement of 1600 sf, with maximum of 2540 sf - variances can be granted allowing up to 2800 sf. House and garage can cover up to 50% of the lot size. Central gas, water and electric to each lot line. The low HOA fees cover park and open space maintenance, exterior water rights, snowplowing and road maintenance. Seller will entertain financing with a minimum 30% down. Secure your spot in this beautiful area today!
  • Subdv Name: Cove
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains, Stream/River, Valley

Utilities

  • Utilities: Electricity, Natural Gas, Internet, Phone
  • 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, Landscaping, Road Maintenance, Snow Removal
  • Hoametro Fees: $500
  • Hoa Name: Cove HOA

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
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
$299,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$457
Avg. Annual Appreciation
-0.22%

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
17.31%
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

Range of Values:

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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 Type Sale Price Title Company
Special Warranty Deed $300,000 Land Title
Special Warranty Deed $300,000 Land Title
Quit Claim Deed $325,000 None Listed On Document
Warranty Deed $260,000 Land Title
Special Warranty Deed $139,000 Land Title
Warranty Deed $139,000 Land Title Guarantee Company
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $325,000 New Conventional
Previous Owner $99,578 New Conventional
Previous Owner $97,300 Seller Take Back
Previous Owner $97,300 Credit Line Revolving
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
2025 $2,067 $53,160 $53,160 --
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: 770187

Colorado Real Estate Network (CREN)

APN: R425979