$1,795,000
$100K PRICE DROP

Estimated payment $10,464/month

Total Views 27,537
1.96 Acres
$915,816 Price per Acre
85,378 Sq Ft Lot

About This Lot

Welcome to this exceptional 1.96-acre property in the heart of Durango, Colorado. Situated in a central location, this flat, buildable piece of land offers incredible potential for development. With 3500 sq ft of storage space, and 4,284 SF of living space, receive regular income until starting the development process. The flat terrain makes it easy to envision your dream home or commercial venture taking shape. Breathtaking mountain views create a serene and picturesque setting. Whether you're an investor looking for a lucrative opportunity or someone seeking a versatile property to build your ideal living space, this land is ready to fulfill your vision. Don't miss out on the chance to own this remarkable parcel in Durango, where convenience, natural beauty, and endless possibilities converge. Inquire for additional information on zoning and use. Shown by appointment only.

Listing Agent

Robert Overfield

Coldwell Banker Mountain Properties Listed on: 08/10/2023

Coldwell Banker Mountain Properties

Co-Listing Agent

Daniel Chowen

Coldwell Banker Mountain Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,379

Lot Details

  • 1.96 Acre Lot
  • Cleared Lot
  • Property is zoned Residential Multi Family

Schools

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

Utilities

  • Well
  • Septic System

Listing and Financial Details

  • Security Deposit $50,000
  • Assessor Parcel Number 566521200150

Property Details

Property Type

Land

Est. Annual Taxes

$6,379

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: LTG
  • Legal Lot Block: Section: 21 Township: 35 Range: 9 PT NW/4 NW/4 LESS 1021122 WD ROW TO COD 711 FLORIDA RD DURANGO 81301
  • Lot Size Acreage: 1-5 Acres
  • Parcel Id Number: 566521200150
  • Property Description: Cleared
  • Street Descriptionaccess: City/Town, Paved, Dirt
  • Street Designation: Road
  • Tax Account Id: R433453
  • Zoning: Residential Multi Family, Residential Single Family
  • Domestic Sewer: Septic Installed
  • Domestic Water: Domestic Well
  • Type: Multi-Family
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 1.96
  • Current Property Use: Residential Single Family
  • Em Deposit: 50,000
  • Possible Property Use: Residential Single Family
  • Mineral Rights: Unknown
  • Price Acre: 915816.33
  • Price per Sq Ft: 21.02
  • Sewerseptic In: Yes
  • Sewer Tap Avail: Yes
  • Water Tap Available: Yes
  • Total Taxes Dollar: 6378.67
  • Prop Description Remarks: Welcome to this exceptional 1.96-acre property in the heart of Durango, Colorado. Situated in a central location, this flat, buildable piece of land offers incredible potential for development. With 3500 sq ft of storage space, and 4,284 SF of living space, receive regular income until starting the development process. The flat terrain makes it easy to envision your dream home or commercial venture taking shape. Breathtaking mountain views create a serene and picturesque setting. Whether you're an investor looking for a lucrative opportunity or someone seeking a versatile property to build your ideal living space, this land is ready to fulfill your vision. Don't miss out on the chance to own this remarkable parcel in Durango, where convenience, natural beauty, and endless possibilities converge. Inquire for additional information on zoning and use. Shown by appointment only.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Utilities

  • Utilities: Electricity, Natural Gas
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 107943

Schools

  • Elementary School: Riverview 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: 2022

MLS Schools

  • Elementary School: Riverview K-5
  • Middle School: Miller 6-8

Map

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

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 $7,436 $175,270 $87,760 $87,510
2024 $6,396 $147,420 $73,540 $73,880
2023 $6,396 $150,540 $74,680 $75,860
2022 $6,254 $165,250 $82,620 $82,630
2021 $6,182 $144,150 $69,680 $74,470
2020 $5,849 $140,480 $69,680 $70,800
2019 $5,615 $140,480 $69,680 $70,800
2018 $6,072 $153,670 $62,010 $91,660
2017 $5,949 $153,670 $62,010 $91,660
2016 $5,365 $149,920 $61,130 $88,790
2015 $5,057 $149,920 $61,130 $88,790
2014 -- $169,730 $87,980 $81,750
2013 -- $169,730 $87,980 $81,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2024 01/03/24 Price Changed $1,795,000 -5.3% $419 / Sq Ft
08/07/2023 08/07/23 For Sale $1,895,000 -- $442 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $925,000 Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Unknown
Closed $160,000 Unknown
Closed $0 Undefined Multiple Amounts
Source: Public Records

Source: Colorado Real Estate Network (CREN)

MLS Number: 806899

Colorado Real Estate Network (CREN)

APN: R433453