$430,000
SOLD OCT 3, 2024

661 Ridge Rd Durango, CO 81303

8.7 Acres
$49,425 Price per Acre
378,972 Sq Ft Lot

Recently Sold

$406 Per Sq Ft

11% Below List Price

22 Days on Market

Highlights

  • Mountain View
  • Durango High School Rated A-
  • Wooded Lot

About This Lot

As of October 2024

Nestled on 8.7 wooded acres atop a mountain, this property offers stunning views of the La Plata Mountains and Twin Buttes. With large pine trees, year-round access, and utilities already in place, this is a prime location to build your mountain dream home. Please note, the existing structure is in extremely rough shape and should be considered for demolition. The property is sold strictly as-is, where-is, including a large carport in fair condition. This is an ideal opportunity for those looking to create their own retreat in this picturesque setting.

Last Agent to Sell the Property

Kathy Hall

Coldwell Banker Mountain Properties Listed on: 08/24/2024

Coldwell Banker Mountain Properties

Co-Listed By

Rebecca Applegate

Coldwell Banker Mountain Properties

Last Buyer's Agent

Celine Donnelly

Keller Williams Realty Southwest Associates, LLC

Keller Williams Realty Southwest Associates, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $968

Lot Details

  • 8.7 Acre Lot
  • Wooded Lot

HOA Fees

  • $104 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Schools

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

Utilities

  • Propane
  • Septic System

Community Details

  • Association fees include road maintenance, snow removal
  • Rafterjhoa HOA
  • Rafter J Subdivision

Listing and Financial Details

  • Security Deposit $20,000
  • Assessor Parcel Number 566127105028

Property Details

Property Type

Land

Est. Annual Taxes

$968

Lot Details

0

HOA Fees

$104 per month

Listing Details

  • Class: Land
  • Em Holder: colorado
  • Legal Lot Block: Subdivision: RAFTER J OPEN A Block: 0 Lot: 103 661 RIDGE RD DURANGO 81303
  • Lot Size Acreage: 5-10 Acres
  • Parcel Id Number: 566127105028
  • Property Description: Wooded Lot
  • Street Descriptionaccess: Paved
  • Street Designation: Road
  • Zoning: Residential Single Family
  • HOA Fee Frequency: Annually
  • Domestic Sewer: Septic
  • Domestic Water: Tap Installed, Public
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 8.7
  • Current Property Use: Residential Single Family
  • Em Deposit: 20000
  • Mineral Rights: Unknown
  • Price Acre: 55747.13
  • Price per Sq Ft: 1.28
  • Sewer Paid: Yes
  • Sold Priceacre: 49425.29
  • Water Tap Available: Yes
  • Water Tap Installed: Yes
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Total Taxes Dollar: 967.76
  • Prop Description Remarks: Nestled on 8.7 wooded acres atop a mountain, this property offers stunning views of the La Plata Mountains and Twin Buttes. With large pine trees, year-round access, and utilities already in place, this is a prime location to build your mountain dream home. Please note, the existing structure is in extremely rough shape and should be considered for demolition. The property is sold strictly as-is, where-is, including a large carport in fair condition. This is an ideal opportunity for those looking to create their own retreat in this picturesque setting.
  • Subdv Name: Rafter J
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains, Valley

Utilities

  • Utilities: Propane Required, Electricity Near
  • Water Tap Paid: Yes
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Water Supplier: Lake Durango Water Authority

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Road Maintenance, Snow Removal
  • Hoametro Fees: 1250
  • Hoa Name: RafterJHOA

Schools

  • Elementary School: Fort Lewis 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: 2024

MLS Schools

  • Elementary School: Fort Lewis Mesa K-5
  • Middle School: Escalante 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2024
Closed on
Oct 3, 2024
Sold by
Eberly Janalee
Bought by
Killion Michael
Seller's Agent
Kathy Hall
Coldwell Banker Mountain Properties
Buyer's Agent
Celine Donnelly
Keller Williams Realty Southwest Associates, LLC
List Price
$485,000
Sold Price
$430,000
Premium/Discount to List
-$55,000
-11.34%
Views
7
Current Estimated Value
$462,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,585
Avg. Annual Appreciation
1.49%
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 $430,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $344,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2024 10/03/24 Sold $430,000 -11.3% $406 / Sq Ft
09/15/2024 09/15/24 Pending -- -- --
09/05/2024 09/05/24 For Sale $485,000 0.0% $458 / Sq Ft
08/29/2024 08/29/24 Pending -- -- --
08/24/2024 08/24/24 For Sale $485,000 -- $458 / Sq Ft
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 $1,130 $30,500 $18,070 $12,430
2024 $686 $23,050 $13,540 $9,510
2023 $686 $25,980 $15,260 $10,720
2022 $604 $27,740 $16,290 $11,450
2021 $607 $21,790 $12,850 $8,940
2020 $552 $20,870 $12,850 $8,020
2019 $529 $20,870 $12,850 $8,020
2018 $489 $19,890 $12,940 $6,950
2017 $479 $19,890 $12,940 $6,950
2016 $481 $21,780 $15,050 $6,730
2015 $452 $21,780 $15,050 $6,730
2014 -- $20,310 $15,050 $5,260
2013 -- $20,310 $15,050 $5,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 817406

Colorado Real Estate Network (CREN)

APN: R002327