NOT LISTED FOR SALE

Estimated Value: $829,666

0.98 Acre
$846,598 Price per Acre
42,689 Sq Ft Lot

Last Sold April 10, 2024

Last sale price $875,000

Est. 5% decrease in value since last sale

Current estimated payment $6,341/month

793 Days on Market

Highlights

  • 0.98 Acre Lot
  • Durango High School Rated A-
  • Level Lot

About This Lot

As of April 2024

These parcels are ideally located near the newly constructed intersection of US Highway 160 and US Highway 550. All of these lots have excellent visibility from both Wilson Gulch Road and Highway 160 to the south. In the strongest growing district of Durango, the “pads” are ideal for either a national retail or service company or local retail, service and/or services enterprise. These sites are build ready and are near the new Morehart Murphy Subaru Dealership, the soon to be built Farmers Fresh Grocery store, and other development in close proximity. There are not many commercial sites left in the greater Durango area so these should be attractive to many end users.

Last Agent to Sell the Property

John Wells

The Wells Group of Durango, LLC Listed on: 12/20/2021

Co-Listed By

Christina Rinderle

Durango Land and Homes

Last Buyer's Agent

Cassie Baier

R1 Colorado

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23,468

Lot Details

  • 0.98 Acre Lot
  • Level Lot
  • Property is zoned Commercial

Schools

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

Utilities

  • Septic System
  • Internet Available

Community Details

  • Rancho Vedado Phase II Subdivision

Listing and Financial Details

  • Security Deposit $50,000
  • Assessor Parcel Number 566902300040

Property Details

Property Type

Land

Est. Annual Taxes

$23,468

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Land Title Guarantee
  • Legal Lot Block: Subdivision: RANCHO VEDADOPHASE II Lot: 8 RANCHO VEDADO PH 2; Parcel # 566902300040; 0.98 acres.
  • Lot Size Acreage: .5-.99 Acres
  • Parcel Id Number: 566902300040
  • Street Descriptionaccess: City/Town, Paved
  • Street Designation: Center
  • Zoning: Commercial
  • Domestic Sewer: Sewer Tap Available
  • Domestic Water: Public, Tap Available
  • Type: Commercial
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 0.98
  • Current Property Use: Commercial
  • Em Deposit: 50,000
  • Possible Property Use: Commercial
  • Mineral Rights: Unknown
  • Price Acre: 917346.94
  • Topography: Level
  • Price per Sq Ft: 21.06
  • Sewerseptic In: Yes
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 892857.14
  • Water Tap Available: Yes
  • Water Tap Installed: Yes
  • Total Taxes Dollar: $21,397.20
  • Prop Description Remarks: These parcels are ideally located near the newly constructed intersection of US Highway 160 and US Highway 550. All of these lots have excellent visibility from both Wilson Gulch Road and Highway 160 to the south. In the strongest growing district of Durango, the “pads” are ideal for either a national retail or service company or local retail, service and/or services enterprise. These sites are build ready and are near the new Morehart Murphy Subaru Dealership, the soon to be built Farmers Fresh Grocery store, and other development in close proximity. There are not many commercial sites left in the greater Durango area so these should be attractive to many end users.
  • Subdv Name: Rancho Vedado Phase II
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Utilities

  • Utilities: Electricity, Natural Gas, Internet
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Water Supplier: City Of Durango

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2021
Closed on
Apr 10, 2024
Sold by
Grvp Llc
Bought by
Sanderos Properties Lp
Seller's Agent
John Wells
The Wells Group of Durango, LLC
Buyer's Agent
Cassie Baier
R1 Colorado
List Price
$899,000
Sold Price
$875,000
Premium/Discount to List
-$24,000
-2.67%
Views
267
Current Estimated Value
$829,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,334
Avg. Annual Appreciation
-3.48%

Purchase Details

Closed on
May 7, 2013
Sold by
Davidson Holding Company Inc
Bought by
Grvp Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sanderos Properties Lp $875,000 Land Title
Grvp Llc $342,100 Colorado Land Title Co Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2024 04/10/24 Sold $875,000 -2.7% --
02/21/2024 02/21/24 Pending -- -- --
12/19/2023 12/19/23 For Sale $899,000 +2.7% --
12/16/2023 12/16/23 Off Market $875,000 -- --
12/15/2022 12/15/22 Price Changed $899,000 -4.5% --
12/20/2021 12/20/21 For Sale $941,000 -- --
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 $23,468 $237,600 $237,600 --
2024 $21,788 $238,680 $238,680 --
2023 $21,788 $238,680 $238,680 $0
2022 $10,494 $248,100 $248,100 $0
2021 $10,383 $117,060 $117,060 $0
2020 $9,743 $111,400 $111,400 $0
2019 $9,558 $111,400 $111,400 $0
2018 $8,159 $95,150 $95,150 $0
2017 $8,083 $95,150 $95,150 $0
2016 $4,322 $52,680 $52,680 $0
2015 $1,181 $50,210 $50,210 $0
2014 $1,181 $37,830 $37,830 $0
2013 -- $36,200 $36,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 789278

Colorado Real Estate Network (CREN)

APN: R431639