NOT LISTED FOR SALE

848 Thoroughbred Rd Durango, CO 81303

Estimated Value: $1,451,000 - $1,941,000

3 Beds
4 Baths
3,686 Sq Ft
$460/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $1,700,000 $461 Per Sq Ft

Current estimated payment $9,454/month

Highlights

  • Horses Allowed On Property
  • River Front
  • 35 Acre Lot
  • Durango High School Rated A-
  • Home fronts a pond
  • Creek or Stream View

About This Home

As of July 2022

A one of a kind contemporary estate located on over 1,100 feet of the Florida River. This residence is surrounded by exceptional land and waterscaping. The river is just outside almost every door. Enjoy wonderful privacy and plenty of sunlight. This open floor plan home designed by Jon Pomoroy and updated in 2016 by current owner has floor to ceiling glass, engineered wood flooring, large river rock accents and wonderful beamed high ceilings. The kitchen is ideal for either a quick meal or an evening of entertaining complimented with high quality appliances; Subzero and Bluestar. The living room has wonderful views and a large river rock fireplace accenting the west wall. The 2nd bedroom suite is privately sequestered away from the living room and master suite for maximum privacy. The master suite is complete with a spacious dressing area, separate exercise room, reading area and a spacious bath with a soaking jetted tub, separate shower, water closet and bidet. In addition to the main house, there is an attached guest quarters with bathroom and patio living. The outdoor living space has covered and uncovered areas allowing use at all times of the year. Enjoy a fire to take off the chill in the cooler evenings. There is excellent fishing on the Florida River with primarily Brown trout and some Rainbow trout as well. The property includes a greenhouse with water stubbed in, fenced garden area and recent additions of many sizable trees. The irrigation/sprinkler system keeps the immediate grounds in excellent condition. The hay fields are in good shape and can be either maintained by the owner or cooperatively farmed as is the case currently.

Last Agent to Sell the Property

Abbi Munn

The Wells Group of Durango, LLC Listed on: 04/13/2022

Last Buyer's Agent

Abbi Munn

The Wells Group of Durango, LLC Listed on: 04/13/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 35 Acre Lot
  • Home fronts a pond
  • River Front

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Creek or Stream
  • Valley

Home Design

  • Contemporary Architecture
  • Metal Roof
  • Wood Siding
  • Concrete Siding
  • Stone Siding
  • Stick Built Home

Interior Spaces

  • 3,686 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Formal Dining Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Schools

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

Farming

  • 15 Irrigated Acres
  • Pasture

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Propane
  • Irrigation Water Rights
  • Well
  • Septic Tank
  • Septic System
  • Internet Available

Additional Features

  • Accessory Dwelling Unit (ADU)
  • Horses Allowed On Property

Community Details

  • Florida River Ranch HOA

Listing and Financial Details

  • Assessor Parcel Number 595120201016

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Additional Living Quarters: Yes
  • Estimated Irrigation Acres: 15
  • Estimated Total Acres: 35
  • Class: RESIDENTIAL
  • Em Deposit: 50,000
  • Em Holder: Title Co
  • Legal Lot Block: FLORIDA RIVER RANCH Block: 0 Lot: 3A FLORIDA RIVER RANCH AMEND NO 2 848 THOROUGHBRED RD DURANGO 81303
  • List Price per Sq Ft: 461.2
  • Livestock Allowed: Horses
  • Lot Size Acreage: 35+
  • Parcel Id Number: 595120201016
  • Price Per Sq Ft: 461.2
  • Property Description: Pasture
  • Real Estate Included: Yes
  • Residence Stories: Two Story
  • Residence Style: Contemporary
  • Sale/Rent: For Sale
  • Siding: Concrete, Stone, Wood
  • Sold Price Sq Ft: 461.2
  • Street Designation: Road
  • Tax Account Id: R419720
  • Waterfront Type: River, Pond
  • Type: Stick Built
  • Additional Living Type: ADU-Accessory Dwelling Unit
  • HOA Fees: Yes
  • Internet Provider: AlignTec
  • Internet Service: Yes
  • Total Taxes Dollar: $2,906.48
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Separate Dining
  • Bedrooms: 3
  • Flooring: Carpet-Partial, Tile
  • Estimated Total Sq Ft: 3686
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 2
  • Total Bathrooms: 4
  • Fireplace Location Type: Living Room
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Construction Type: Wood Frame
  • Roof: Metal
  • Views: Valley, Stream/River
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Utilities: Electric
  • Cooling: Ductless system
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Basin Co-Op
  • Irrigation Water Description Amount: side roll/guns/sprinklers
  • Irrigation Water District: FR, Animas River Drainage
  • Sewer Supplier: Septic
  • Water Rights Irrigation: Yes
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 201075

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 1800
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: florida river ranch

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

MLS Schools

  • Elementary School: Florida Mesa K-5
  • Middle School: Escalante 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2022
Closed on
Jul 15, 2022
Sold by
Gingerich Jacob
Bought by
Tucker Greg and Tucker Stacie
Seller's Agent
Abbi Munn
The Wells Group of Durango, LLC
Buyer's Agent
Abbi Munn
The Wells Group of Durango, LLC
List Price
$1,700,000
Sold Price
$1,700,000
Current Estimated Value
$1,695,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,065
Avg. Annual Appreciation
-0.07%
Original Mortgage
$1,275,000
Outstanding Balance
$1,213,437
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$482,498

Purchase Details

Closed on
May 24, 2018
Sold by
First Nationl Bank Of Durango
Bought by
G & H Llc Coloraod Limited Company

Purchase Details

Closed on
Oct 8, 2015
Sold by
Graham Louise and Fritzel Louise
Bought by
Gingerich Jacob and Gingerich Dawn

Purchase Details

Closed on
Aug 8, 2014
Sold by
Crumwell Hannah
Bought by
Fritzel Louise

Purchase Details

Closed on
Sep 21, 2012
Sold by
Cromwell Aron
Bought by
Cromwell Hannah

Purchase Details

Closed on
Jul 22, 2011
Sold by
Lunn Jessica and Lunn George
Bought by
Cromwell Aron and Cromwell Hannah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$804,375
Interest Rate
4.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2005
Sold by
Jones Jassica and Lunn Gorge
Bought by
Jones Jassica and Lunn Gorge

Purchase Details

Closed on
Jun 9, 2003
Bought by
Gingerich Jacob and Gingerich Dawn
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
Tucker Greg -- None Listed On Document
Tucker Greg $1,700,000 Colorado Title & Closing Servi
G & H Llc Coloraod Limited Company $825,000 Colorado Title & Closing Svc
Gingerich Jacob $730,000 Colorado Title & Closing Ser
Fritzel Louise -- None Available
Cromwell Hannah -- None Available
Cromwell Aron $1,072,500 Stewart Title
Jones Jassica -- None Available
Gingerich Jacob $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tucker Greg $1,275,000
Closed Tucker Greg $1,275,000
Previous Owner Cromwell Aron $804,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2022 07/15/22 Sold $1,700,000 0.0% $461 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $1,700,000 -- $461 / 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 $5,325 $104,010 $27,930 $76,080
2024 $4,670 $93,060 $20,950 $72,110
2023 $4,670 $96,670 $21,760 $74,910
2022 $2,962 $100,350 $22,590 $77,760
2021 $3,003 $60,440 $5,210 $55,230
2020 $2,324 $47,960 $5,070 $42,890
2019 $1,842 $46,860 $3,970 $42,890
2018 $2,874 $73,210 $32,820 $40,390
2017 $2,816 $73,210 $32,820 $40,390
2016 $3,104 $81,570 $30,400 $51,170
2015 $2,936 $81,570 $30,400 $51,170
2014 -- $76,720 $30,400 $46,320
2013 -- $76,720 $30,400 $46,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 796264

Colorado Real Estate Network (CREN)

APN: R419720