Seller's Agent in 2020
Zane Wells
Wells Group Real Estate
(970) 317-1095
6 in this area
112 Total Sales
860 E 4th Ave Durango, CO 81301
The Grid NeighborhoodEstimated Value: $1,032,000 - $1,323,000
6
Beds
3
Baths
2,259
Sq Ft
$529/Sq Ft
Est. Value
Highlights
- Victorian Architecture
- Park Elementary School Rated A-
- 2 Car Detached Garage
About This Home
As of October 2020Located on the coveted Fourth Avenue in Downtown Durango. This property is comprised of two residences that are currently rented out as well as a detached two car garage for a total of $4,000 per month gross lease. The two homes total 6 bedrooms and 3 bedrooms respectfully and are situated on a 7,500 square foot lot. Virtually all of the homes on this block are owner occupied adding to the appeal of this superb in-town location. The homes are in good condition but are dated and have been rentals for some time. The property is a good candidate for continuing to rent the units and add to your investment portfolio. Other options include converting one home to your personal residence and rent out the smaller home or keep it all for yourself. It is being sold as is.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,527
Year Built
- Built in 1896
Lot Details
- 7,492
Parking
- 2 Car Detached Garage
Home Design
- Victorian Architecture
- Stick Built Home
Interior Spaces
- 2,259 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
Schools
- Park K-5 Elementary School
- Miller 6-8 Middle School
- Durango 9-12 High School
Additional Features
- 7,492 Sq Ft Lot
- Accessory Dwelling Unit (ADU)
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 566529224006
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 6, 2024
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$922,000
Outstanding Balance
$912,651
Interest Rate
6.54%
Mortgage Type
Credit Line Revolving
Estimated Equity
$281,758
Purchase Details
Closed on
Oct 12, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 5, 2015
Sold by
Bought by
Purchase Details
Closed on
May 14, 2015
Sold by
Bought by
Purchase Details
Closed on
May 31, 2012
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
3.93%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jul 28, 2003
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,260,000 | Land Title | ||
| $730,000 | Land Title | ||
| $625,000 | Colorado Title & Closing | ||
| -- | None Available | ||
| $972,500 | Land Title Guarantee Company | ||
| $475,000 | Land Title Guarantee Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $922,000 | ||
| Closed | $468,750 | ||
| Closed | $290,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/19/2020 10/19/20 | Sold | $730,000 | -2.7% | $323 / Sq Ft |
| 10/13/2020 10/13/20 | Pending | -- | -- | -- |
| 08/11/2020 08/11/20 | For Sale | $750,000 | -- | $332 / Sq Ft |
Source: Colorado Real Estate Network (CREN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,434 | $60,390 | $13,400 | $46,990 |
| 2024 | $2,070 | $51,510 | $10,110 | $41,400 |
| 2023 | $2,070 | $54,720 | $10,740 | $43,980 |
| 2022 | $1,726 | $57,260 | $11,240 | $46,020 |
| 2021 | $1,734 | $43,680 | $9,680 | $34,000 |
| 2020 | $1,597 | $41,530 | $9,580 | $31,950 |
| 2019 | $0 | $41,530 | $9,580 | $31,950 |
| 2018 | $1,417 | $39,000 | $9,080 | $29,920 |
| 2017 | $1,385 | $39,000 | $9,080 | $29,920 |
| 2016 | $1,267 | $38,870 | $8,680 | $30,190 |
| 2015 | $1,187 | $38,870 | $8,680 | $30,190 |
| 2014 | -- | $34,160 | $8,340 | $25,820 |
| 2013 | -- | $34,160 | $8,340 | $25,820 |
Source: Public Records
Agents Affiliated with this Home
-
Zane Wells
-
John Wells
Seller Co-Listing Agent in 2020
John Wells
Wells Group Real Estate
(970) 749-1440
15 in this area
121 Total Sales
-
Jeffry Brown
Buyer's Agent in 2020
Jeffry Brown
R1 Colorado
(970) 749-6655
10 Total Sales
Map
Source: Colorado Real Estate Network (CREN)
MLS Number: 773258
APN: R009642
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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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