NOT LISTED FOR SALE

71 Needles Way Unit 232 Durango, CO 81301

Estimated Value: $256,570 - $275,000

Studio
1 Bath
349 Sq Ft
$367/ mo HOA Fee

Last Sold November 29, 2021

Last sale price $195,000 $559 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,812/month

46 Days on Market

Highlights

  • Ski Accessible
  • Fitness Center
  • Clubhouse
  • Durango High School Rated A-
  • Mountain View
  • Furnished

About This Home

As of November 2021

COZY SKI-IN/SKI-OUT STUDIO CONDO AT PURGATORY RESORT! This is a one of a kind opportunity to own a studio with a large (shared) balcony and exquisite views of the Needles Mountains. The property has been nicely remodeled and includes parking and a ski locker for added convenience. Owners can short term rent the condo and it is currently a successful rental in the resort's lodging program. The wood burning fireplace is a nice addition to the warm feel you receive when you walk into this mountain retreat. The condo is being offered as fully furnished and truly turn-key, allowing for your family to move right in and start enjoying the mountain lifestyle! Another added bonus to ownership is your membership to the DMMA which will give you and your family access to all of the off slope amenities here at the resort including the private owner's lounge, game room, pool, hot tub, fitness center, optional spa services, and tennis courts.

Last Agent to Sell the Property

Rachel Brinley

Durango Mountain Realty LLC Listed on: 08/17/2021

Last Buyer's Agent

Randall Burton

Berkshire Hathaway HomeServices Colorado Properties

Berkshire Hathaway HomeServices Colorado Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $568

Year Built

  • Built in 1986

HOA Fees

  • $367 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Home Design

  • Studio

Interior Spaces

  • 1 Full Bathroom
  • 349 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Microwave
  • Disposal

Flooring

  • Carpet
  • Tile

Parking

  • 1 Car Garage
  • Basement Garage

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Baseboard Heating
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 508924317008

Community Details

Overview

  • Association fees include building maintenance, landscaping, sewer, trash, water, snow removal, fitness facility, internet, parking, road maintenance, telephone, cable TV, common area taxes
  • Kendall Mountain HOA

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Ski Accessible

Property Details

Home Type

Condominium

Est. Annual Taxes

$568

Year Built

Built in 1986

Lot Details

0 Sq Ft Lot

HOA Fees

$367 per month

Listing Details

  • Appliance Inclusions: Refrigerator, Disposal, Microwave
  • Class: RESIDENTIAL
  • Common Facilities: Club House, Pool, Tennis Courts, Laundry Facilities, Fitness Facility, Hot Tub, Playground
  • Em Deposit: 3500
  • Em Holder: Land Title Guarantee Comp
  • Exterior Inclusions: Balcony
  • Interior Inclusions: All Furnishings
  • Legal Lot Block: Subdivision: KENDALL MT 1000+ $ Unit: R0206 DESC: AKA UNIT K232 71 NEEDLES WAY #232 DURANGO 81301
  • List Price per Sq Ft: 570.2
  • Parcel Id Number: 508924317008
  • Price Per Sq Ft: 558.74
  • Property Description: Ski In/Ski Out, Skier Access
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Residence Style: Studio
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 558.74
  • Street Descriptionaccess: Paved
  • Zoning: Residential Single Family
  • Type: Condo
  • Hoa Dogs Allowed: Yes-w/restrictions
  • HOA Fees: Yes
  • Internet Service: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 568.12
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 17

Interior Features

  • Dining Room: Living Room Dining
  • Flooring: Carpet-Partial, Tile
  • Estimated Total Sq Ft: 349
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Fireplace Location Type: Living Room
  • Total Office Den: 0

Exterior Features

  • Pool: Community
  • Views: Mountains, Valley

Garage/Parking

  • Garage Type: Basement Garage
  • Garage: Yes
  • Garage Capacity: 1

Utilities

  • Utilities: Electric, Cable TV, Internet, Phone - Landline
  • Electric Supplier: La Plata Electric Association
  • Heating System: Electric Baseboard, Fireplace
  • Sewer Supplier: Purgatory Metropolitan District
  • Water Supplier: Purgatory Metropolitan District

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Building Maintenance, Landscaping, Sewer, Trash, Water, Snow Removal, Fitness Facility, Internet, Parking, Road Maintenance, Telephone, Cable TV, Common Area Taxes
  • Hoametro Fees: 367
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: Kendall Mountain

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

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
Aug 17, 2021
Closed on
Nov 29, 2021
Sold by
Armstrong Steven K
Bought by
Shepard Charles W
Seller's Agent
Rachel Brinley
Durango Mountain Realty LLC
Buyer's Agent
Randall Burton
Berkshire Hathaway HomeServices Colorado Properties
List Price
$199,000
Sold Price
$195,000
Premium/Discount to List
-$4,000
-2.01%
Current Estimated Value
$262,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,393
Avg. Annual Appreciation
7.13%

Purchase Details

Closed on
Mar 28, 2008
Bought by
Armstrong Steven J

Purchase Details

Closed on
Feb 28, 2003
Bought by
Armstrong Steven K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Shepard Charles W $195,000 Land Title
Armstrong Steven J $143,000 Colorado Land Title Co
Armstrong Steven K $52,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2021 11/29/21 Sold $195,000 -2.0% $559 / Sq Ft
10/02/2021 10/02/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $199,000 -- $570 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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 $520 $14,630 -- $14,630
2024 $472 $6,810 -- $6,810
2023 $472 $9,580 $0 $9,580
2022 $611 $10,890 $0 $10,890
2021 $619 $9,000 $0 $9,000
2020 $568 $8,410 $0 $8,410
2019 $528 $8,010 $0 $8,010
2018 $498 $7,560 $0 $7,560
2017 $492 $7,560 $0 $7,560
2016 $542 $8,730 $0 $8,730
2015 $242 $8,730 $0 $8,730
2014 $242 $7,910 $0 $7,910
2013 -- $7,910 $0 $7,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 785879

Colorado Real Estate Network (CREN)

APN: R022870

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