NOT LISTED FOR SALE

7531 Falls Creek Main Durango, CO 81301

Estimated Value: $170,931 - $291,000

1 Acre
$225,977 Price per Acre
43,560 Sq Ft Lot

Last Sold June 14, 2021

Last sale price $149,000

Est. 52% increase in value since last sale

Current estimated payment $1,638/month

Highlights

  • Mountain View
  • Near a National Forest
  • Adjacent to Greenbelt
  • Durango High School Rated A-
  • Wooded Lot

About This Lot

As of June 2021

This is an exceptional Falls Creek Ranch lot. The parcel is unusual in that the closest home to the building envelope is over 500 feet away! Also, this lot has wonderful access to Forest Service lands just to the west, which makes this lot live as if it is on many acres. Falls Creek Ranch has 840 acres of common property offering hiking, a private lake, tennis, and horse facilities. It also has a caretaker/security and a commitment to a fire wise community creating an excellent location for a dream home. You will be pleasantly surprised with this property.

Last Agent to Sell the Property

John Wells

The Wells Group of Durango, LLC Listed on: 12/30/2020

Last Buyer's Agent

Anand McManus

Keller Williams Realty Southwest Associates, LLC

Keller Williams Realty Southwest Associates, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,036

Lot Details

  • 1 Acre Lot
  • Adjacent to Greenbelt
  • Open Space
  • Sloped Lot
  • Wooded Lot

HOA Fees

  • $250 Monthly HOA Fees

Property Views

  • Mountain Views

Schools

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

Utilities

  • Propane
  • Septic System
  • Phone Available

Community Details

  • Association fees include trash, domestic water, road maintenance, snow removal
  • Falls Creek Ranch HOA
  • Near a National Forest

Listing and Financial Details

  • Security Deposit $5,000
  • Assessor Parcel Number 559717101014

Property Details

Property Type

Land

Est. Annual Taxes

$2,036

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Class: Land
  • Em Holder: CTS
  • Legal Lot Block: Subdivision: FALLS CREEK I,II,III Lot: 32A FALLS CREEK RANCH UNITS I,II,III AMND PL 2, 1002266
  • Lot Dimension: 1 acre
  • Lot Size Acreage: 1-5 Acres
  • Parcel Id Number: 559717101014
  • Property Description: Wooded Lot, Adj To Greenbelt, Adj To Open Space, Borders National Forest
  • Street Descriptionaccess: Private, Gravel
  • Zoning: Residential Single Family
  • HOA Fee Frequency: Annually
  • Domestic Sewer: Septic
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 1
  • Current Property Use: Residential Single Family
  • Em Deposit: 5000
  • Possible Property Use: Residential Single Family
  • Mineral Rights: Unknown
  • Price Acre: 149000
  • Topography: Sloped
  • Price per Sq Ft: 3.42
  • Sold Priceacre: 149000
  • Water Tap Available: Yes
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Total Taxes Dollar: 2,035.56
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains

Utilities

  • Utilities: Electricity, Electricity Near, Phone Near, Propane Required
  • Electric Supplier: La Plata Electric Association

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Trash, Domestic Water, Road Maintenance, Snow Removal
  • Hoametro Fees: 3000
  • Hoa Name: Falls Creek Ranch

Schools

  • Elementary School: Needham 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: 2017

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2020
Closed on
Jun 10, 2021
Sold by
Dugan Sherry Massey and Dugan Robert Graham
Bought by
Ira Club
Seller's Agent
John Wells
The Wells Group of Durango, LLC
Buyer's Agent
Anand McManus
Keller Williams Realty Southwest Associates, LLC
List Price
$149,000
Sold Price
$149,000
Current Estimated Value
$225,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,977
Avg. Annual Appreciation
10.10%

Purchase Details

Closed on
Jul 9, 2011
Sold by
Falls Creek Ranch Association Inc
Bought by
Dugan Sherry Massey and Dugan Robert Graham
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 Buyer Sale Price Title Company
Ira Club $149,000 Colorado Ttl & Closing Svcs
Dugan Sherry Massey -- None Available
Falls Creek Ranch Association Inc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2021 06/14/21 Sold $149,000 0.0% --
05/18/2021 05/18/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $149,000 0.0% --
02/24/2021 02/24/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $149,000 0.0% --
01/05/2021 01/05/21 Pending -- -- --
12/30/2020 12/30/20 For Sale $149,000 -- --
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 $2,436 $53,770 $53,770 --
2024 $2,094 $48,650 $48,650 --
2023 $2,094 $48,650 $48,650 $0
2022 $2,185 $50,570 $50,570 $0
2021 $2,137 $50,240 $50,240 $0
2020 $1,927 $46,660 $46,660 $0
2019 $1,849 $46,660 $46,660 $0
2018 $2,078 $53,040 $53,040 $0
2017 $2,036 $53,040 $53,040 $0
2016 $1,838 $51,840 $51,840 $0
2015 $1,732 $51,840 $51,840 $0
2014 -- $47,450 $47,450 $0
2013 -- $47,450 $47,450 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 777348

Colorado Real Estate Network (CREN)

APN: R433120