NOT LISTED FOR SALE

Estimated Value: $727,621 - $1,058,000

4 Beds
2 Baths
1,079 Sq Ft
$785/Sq Ft Est. Value

Last Sold October 20, 2020

Last sale price $450,000 $417 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,641/month

Highlights

  • Adjacent to Greenbelt
  • Ranch Style House
  • Combination Kitchen and Dining Room
  • Park Elementary School Rated A-
  • Forced Air Heating System
  • Property is near a golf course

About This Home

As of October 2020

Downtown bungalow ready for move-in, remodel or investment. This cottage style home is situated on an 8000 sq. ft. lot and features a very efficient single-level floor plan consisting of 4 bedrooms and 2 bathrooms. You enter the property through a sunny solarium-esque walkway into an open concept layout kitchen/living area. On the living room side, the east side, there is a large window facing 8th Ave. and the wide open green space across the street. The kitchen side, the west side, features 2 windows with views of the deck and backyard. The 4 bedrooms are split, 2 on each side of the house, creating some space for the occupants. Note: because the garage was converted to a 4th heated bedroom, the assessor’s office lists the number of bedrooms and square footage of the property incorrectly. There is outdoor space in front and with the luscious green space across the street, you don’t feel the same congestion as other properties on the grid. The backyard is an oasis with a deck to lounge and barbecue on under the shade of a mature Cottonwood tree. The side yard is shady and private with mature trees and shrubs as well. Off street parking is available in the driveway. There are endless possibilities with this property to expand the house to include a master suite and larger living/kitchen space and then you've got the perfect downtown home. About 8th Ave.....This street features $500-800k homes, and enjoys quiet and low traffic when FLC is not in session during the summer months and holidays! This home is perfectly situated within minutes to everything downtown Durango has to offer, including restaurants, the river trail, parks, the elementary school, the trolley, and an out-your-front-door trail system that connects you to the college, Horse Gulch and beyond. This property hasn't been on the market for 25 years and has been well-kept and used as a college rental since 1995 during which there was never a single month unoccupied. Most recent rent was $2100 per month and the owners only allowed 3 renters, tenants paid all utilities. There is upside for more rent.

Last Agent to Sell the Property

Melissa Glick

EXIT Realty Home & Ranch Listed on: 09/01/2020

EXIT Realty Home & Ranch

Last Buyer's Agent

Stuart Way

The Wells Group of Durango, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,566

Year Built

  • Built in 1953

Lot Details

  • 8,015 Sq Ft Lot
  • Adjacent to Greenbelt
  • Partially Fenced Property

Home Design

  • Ranch Style House
  • Bungalow
  • Metal Roof
  • Stick Built Home

Interior Spaces

  • 1,079 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Location

  • Property is near a golf course

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 566529108005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,566

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer
  • Estimated Total Acres: 0.184
  • Class: RESIDENTIAL
  • Em Deposit: 7500
  • Em Holder: Title Durango
  • Legal Lot Block: WEIGHTMAN S/D (DGO) Block: 57 Lot: 10 THRU:- Lot: 12 MESA ADD WEIGHTMAN SUB 815 E 8TH AVE DURANGO 81301
  • List Price per Sq Ft: 440.22
  • Lot Dimension: 8000
  • Parcel Id Number: 566529108005
  • Price Per Sq Ft: 417.05
  • Property Description: Adj to Greenbelt, Golf Course Near
  • Real Estate Included: Yes
  • Realist Id: 5665-291-08-005
  • Residence Stories: One Story
  • Residence Style: Ranch, Bungalow
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 417.05
  • Street Designation: Avenue
  • Type: Stick Built
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: $1,074.92
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Dining Room: Kitchen/Dining
  • Bedrooms: 4
  • Flooring: Carpet-Partial, Laminate
  • Estimated Total Sq Ft: 1079
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 2
  • Foundation: Crawl Space
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Fence: Partial Property
  • Construction Type: Wood Frame
  • Roof: Metal

Utilities

  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Heating System: Forced Air
  • Sewer Supplier: City of Durango
  • Water Heater: Gas Water Heater
  • Water Supplier: City of Durango

Schools

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

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Oct 14, 2020
Sold by
815 8Th Llc
Bought by
Ashby Jordan Anthony and Ashby Margaret Rosemarie
Seller's Agent
Melissa Glick
EXIT Realty Home & Ranch
Buyer's Agent
Stuart Way
The Wells Group of Durango, LLC
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%
Current Estimated Value
$847,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,155
Avg. Annual Appreciation
13.60%
Original Mortgage
$360,000
Outstanding Balance
$320,201
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$526,954

Purchase Details

Closed on
Sep 25, 2018
Sold by
Glickco Llc
Bought by
815 8Th Llc

Purchase Details

Closed on
Aug 31, 2007
Sold by
Glick Peter A and Glick Jodye F
Bought by
Glickco Llc

Purchase Details

Closed on
Dec 21, 1995
Bought by
Glickco Llc
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
Ashby Jordan Anthony $45,000 Durango Title
815 8Th Llc -- None Available
Glickco Llc -- None Available
Glickco Llc $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ashby Jordan Anthony $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2020 10/20/20 Sold $450,000 -5.3% $417 / Sq Ft
09/06/2020 09/06/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $475,000 -- $440 / 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 $1,566 $42,380 $23,520 $18,860
2024 $1,332 $33,150 $17,110 $16,040
2023 $1,332 $36,180 $18,670 $17,510
2022 $1,195 $29,380 $16,510 $12,870
2021 $1,199 $30,220 $16,980 $13,240
2020 $1,124 $29,230 $16,800 $12,430
2019 $0 $29,230 $16,800 $12,430
2018 $1,001 $27,560 $15,930 $11,630
2017 $979 $27,560 $15,930 $11,630
2016 $1,016 $31,160 $15,220 $15,940
2015 $951 $31,160 $15,220 $15,940
2014 -- $28,260 $14,630 $13,630
2013 -- $28,260 $14,630 $13,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 774037

Colorado Real Estate Network (CREN)

APN: R009362