NOT LISTED FOR SALE

731 & 733 E 5th Ave Durango, CO 81301

The Grid Neighborhood
6 Beds
2 Baths
1,802 Sq Ft
7,405 Sq Ft Lot

Last Sold October 25, 2023

Last sale price $799,000 $443 Per Sq Ft

6 Days on Market

Highlights

  • Wood Flooring
  • Victorian Architecture
  • Patio
  • Park Elementary School Rated A-
  • 1 Car Detached Garage
  • 1-Story Property

About This Home

As of October 2023

This home is located at 731 & 733 E 5th Ave, Durango, CO 81301 since 07 September 2023. This property was built in 1898. 731 & 733 E 5th Ave is a home located in La Plata County with nearby schools including Park Elementary School, Escalante Middle School, and Durango High School.

Last Agent to Sell the Property

Christine Serwe

The Wells Group of Durango, LLC Listed on: 09/07/2023

Last Buyer's Agent

Andy Ratcliffe

The Wells Group of Durango, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,492

Year Built

  • Built in 1898

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Victorian Architecture
  • Metal Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,802 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Flooring

Parking

  • 1 Car Detached Garage
  • Off-Street Parking
  • 2 - 10 Parking Spaces

Outdoor Features

  • Patio

Schools

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

Listing and Financial Details

  • Tenant pays for electric, gas
  • Assessor Parcel Number 566529229010

Community Details

Overview

  • 2 Units
  • City Of Durango Subdivision

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,492

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Estimated Total Acres: 0.17
  • Class: Multifamily
  • Em Deposit: 10,000
  • Em Holder: Colorado Title
  • Exterior Inclusions: Fence, Patio
  • Interior Inclusions: Ceiling Fan(s)
  • Legal Lot Block: Lots 6 & 7 of Block 44 in the City of Durango
  • Lot Dimension: 0.172 acres
  • Lot Size Acreage: Less than 1/2
  • Parcel Id Number: 566529229010
  • Price Per Sq Ft: 443.4
  • Residence Stories: One Story
  • Residence Style: Victorian
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 443.4
  • Street Descriptionaccess: City/Town, Paved
  • Street Designation: Avenue
  • Tax Account Id: R007315
  • Zoning: Residential, Residential Multi Family
  • Domestic Water Sewer: City Water, City Sewer
  • Heating Fuelsystem: Electric Baseboard
  • Metered: Metered for Electricity, Metered for Gas
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 1
  • Total Number Water Meters: 1
  • Type: Duplex
  • Total Taxes Dollar: 2,491.72
  • Year Built: 1898
  • Prop Description Remarks: Downtown duplex in a prime location on 5th Avenue stays consistently rented and can continue as a multi-family rental, or live in one side and rent the other. Current rent for 731 is $1800 and 733 is $1400. There is plenty of off-street parking in front and the rear, plus detached 1-car garage off the paved alley. The interior of 731 has just been repainted. Located in the heart of the historic district!
  • Subdv Name: City of Durango
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1072

Interior Features

  • Flooring: Wood
  • Estimated Total Sq Ft: 1802
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Main Level Sq Ft: 1802
  • Total Office Den: 0

Exterior Features

  • Roof: Metal

Garage/Parking

  • Garage Type: Detached Garage
  • Garage: Yes
  • Parking Spaces: 3
  • Garage Capacity: 1
  • Parking: Off Street, 2-10 Total Spaces, Concrete, Garage

Utilities

  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Sewer Supplier: City of Durango
  • Water Supplier: City of Durango

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Tenant Pays: Electric, Gas
  • Furnished: Unfurnished

Multi Family

  • No. of Units: 2

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Park K-5
  • Middle School: Escalante 6-8

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2023 10/25/23 Sold $799,000 0.0% $443 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $799,000 -- $443 / 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 $2,741 $53,600 $23,520 $30,080
2024 $2,332 $58,020 $17,880 $40,140
2023 $2,332 $61,280 $18,880 $42,400
2022 $1,566 $62,630 $19,300 $43,330
2021 $1,607 $40,500 $16,980 $23,520
2020 $1,497 $38,950 $16,800 $22,150
2019 $1,432 $38,950 $16,800 $22,150
2018 $1,333 $36,710 $15,930 $20,780
2017 $1,304 $36,710 $15,930 $20,780
2016 $1,181 $36,230 $15,220 $21,010
2015 $1,106 $36,230 $15,220 $21,010
2014 -- $32,630 $14,630 $18,000
2013 -- $32,630 $14,630 $18,000
Source: Public Records

Agents Affiliated with this Home

  • Christine Serwe

    Seller's Agent in 2023

    Christine Serwe

    The Wells Group of Durango, LLC

    (970) 749-9014

    6 in this area

    129 Total Sales

    Christine Serwe
    Section Image

  • A

    Buyer's Agent in 2023

    Andy Ratcliffe

    The Wells Group of Durango, LLC

    (970) 946-9429

    7 in this area

    37 Total Sales

    Andy Ratcliffe
    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 807749

Colorado Real Estate Network (CREN)
Colorado La Plata County Durango 81301 The Grid

731 & 733 E 5th Ave, Durango, CO

Not Listed for Sale

MultiFamily

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Colorado Real Estate Network (CREN) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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