NOT LISTED FOR SALE

720 Waterfall Ln Durango, CO 81301

Estimated Value: $569,000 - $708,000

3 Beds
2 Baths
1,343 Sq Ft
$465/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $482,000 $359 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,650/month

5 Days on Market

Highlights

  • Mountain View
  • Vaulted Ceiling
  • Breakfast Area or Nook
  • Durango High School Rated A-
  • Granite Countertops
  • 2 Car Attached Garage

About This Home

As of October 2021

Beautifully renovated, low-maintenance one-level townhome! This impeccably cared for home offers a low maintenance and easy lifestyle with beautiful upgrades including new flooring, top-down cordless window blinds with black out versions in the bedrooms, built-in bookcases and murphy bed, reverse osmosis water filtration system, and new furnace and AC in 2020. Interior features also include a vaulted living room ceiling, granite kitchen and bathroom counters, nice stainless steel appliances with gas range, surround sound built-in speakers, new dining light fixture, and sliding back doors leading to a covered patio. The property feels light and bright with plenty of natural light, backing to a nicely manicured open space corridor, with a perfectly sized two car garage for all of your gear. The exterior of the complex has just been freshly painted and the HOA covers snow removal to your doorstep, landscaping and mowing, street maintenance, as well as property exterior maintenance and insurance. Located in the beautiful Animas Valley, you have the convenience of being essentially half way between downtown Durango and Purgatory ski area, with nearby amenities such as Durango Hot Springs, PJ's Gourmet Market, and more!

Last Agent to Sell the Property

Christina Rinderle

Durango Land and Homes Listed on: 09/17/2021

Last Buyer's Agent

Kelly Kniffin

Legacy Properties West Sotheby's Int. Realty

Legacy Properties West Sotheby's Int. Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $867

Year Built

  • Built in 1997

Lot Details

  • 6,882 Sq Ft Lot
  • Open Space
  • Landscaped

HOA Fees

  • $237 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Interior Spaces

  • 1,343 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 559728402001

Community Details

Overview

  • Association fees include building maintenance, insurance, irrigation, landscaping, snow removal, lawn, management, road maintenance
  • Waterfall Village HOA

Pet Policy

  • Dogs Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$867

Year Built

Built in 1997

Lot Details

6,882 Sq Ft Lot

HOA Fees

$237 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave
  • Estimated Total Acres: 0.158
  • Class: RESIDENTIAL
  • Em Deposit: 7,500
  • Em Holder: Land Title Guarantee
  • Exterior Inclusions: Landscaping, Patio
  • Interior Inclusions: Window Coverings, Wired/Cable TV, Ceiling Fan(s), W/D Hookup, Skylight(s), Vaulted Ceiling, Granite Counters, Walk In Closet, Garage Door Opener
  • Legal Lot Block: SUBDIVISION: WATERFALL VILLAGE P1 BLOCK: 0 LOT: 1 WATERFALL VILLAGE PUD PHASE, III - PROJ 93-242 720 WATERFALL LN DURANGO 81301
  • List Price per Sq Ft: 341.77
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 559728402001
  • Price Per Sq Ft: 358.9
  • Property Description: Adj to Open Space
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 358.9
  • Street Descriptionaccess: Private, Paved
  • Street Designation: Lane
  • Tax Account Id: R417568
  • Type: Townhouse
  • Hoa Dogs Allowed: Yes
  • HOA Fees: Yes
  • Internet Provider: Charter Spectrum
  • Internet Service: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 867.36
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 17

Interior Features

  • Dining Room: Kitchen Bar, Breakfast Nook
  • Bedrooms: 3
  • Flooring: Carpet-Partial, Tile, Laminate
  • Estimated Total Sq Ft: 1343
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Main Level Sq Ft: 1343
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Views: Mountains, Valley

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Electric, Natural Gas, Cable TV, Internet, Phone - Cell Reception, Phone - Landline
  • Cooling: Central A/C
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Heating System: Forced Air
  • Sewer Supplier: Hermosa Sanitation District
  • Water Heater: Gas Water Heater
  • Water Supplier: Animas Water Company

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Building Maintenance, Insurance, Irrigation, Landscaping, Snow Removal, Lawn, Management, Road Maintenance
  • Hoametro Fees: $237
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: Waterfall Village HOA

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

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

Closed on
Jan 10, 2022
Sold by
Kniffin Kelly D
Bought by
Kniffin Family Living Trust
Current Estimated Value
$624,424

Purchase Details

Listed on
Sep 17, 2021
Closed on
Oct 23, 2021
Sold by
Liddiard Bruce E and Ortman Cynthia E
Bought by
Kniffin Kelly D
Seller's Agent
Christina Rinderle
Durango Land and Homes
Buyer's Agent
Kelly Kniffin
Legacy Properties West Sotheby's Int. Realty
List Price
$459,000
Sold Price
$482,000
Premium/Discount to List
$23,000
5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%
Original Mortgage
$360,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2019
Sold by
Sabo Alan L
Bought by
Liddiard Bruce E and Ortman Cynthia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2017
Sold by
Beverly F Darmour
Bought by
Sabo Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.83%

Purchase Details

Closed on
Aug 18, 2008
Sold by
Darmour Beverly J and Darmour Beverly F
Bought by
Beverly F Darmour Revocable Trust

Purchase Details

Closed on
Aug 1, 2007
Sold by
Nakai Steve G and Nakai Stacie L
Bought by
Darmour Myron T and Darmour Beverly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 1997
Bought by
Sabo Alan L
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Kniffin Family Living Trust -- None Listed On Document
Kniffin Kelly D $482,000 Land Title Guarantee Company
Liddiard Bruce E $361,000 Colorado Ttl & Closing Svcs
Sabo Alan $320,000 --
Beverly F Darmour Revocable Trust -- None Available
Darmour Myron T $315,000 Land Title
Sabo Alan L $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kniffin Kelly D $360,000
Previous Owner Liddiard Bruce E $264,000
Previous Owner Sabo Alan $320,000
Previous Owner Sabo Alan --
Previous Owner Darmour Myron T $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $482,000 +5.0% $359 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $459,000 -- $342 / 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 $1,530 $34,610 $5,290 $29,320
2024 $1,316 $30,330 $4,440 $25,890
2023 $1,316 $33,320 $4,870 $28,450
2022 $1,079 $35,280 $5,160 $30,120
2021 $1,085 $25,310 $4,010 $21,300
2020 $867 $20,830 $3,750 $17,080
2019 $833 $20,830 $3,750 $17,080
2018 $725 $18,340 $3,530 $14,810
2017 $710 $18,340 $3,530 $14,810
2016 $668 $18,660 $3,840 $14,820
2015 $629 $18,660 $3,840 $14,820
2014 -- $17,580 $3,510 $14,070
2013 -- $17,580 $3,510 $14,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 786968

Colorado Real Estate Network (CREN)

APN: R417568

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