NOT LISTED FOR SALE

88 Engineer Dr Durango, CO 81301

Estimated Value: $124,261 - $2,227,000

0.3 Acre
$5,358,550 Price per Acre
13,068 Sq Ft Lot

Last Sold August 12, 2021

Last sale price $110,000

Est. 1,361% increase in value since last sale

Current estimated payment $9,057/month

81 Days on Market

Highlights

  • Mountain View
  • Durango High School Rated A-
  • Level Lot

About This Lot

As of August 2021

Owner carry terms available with 35% down. Located at 8840' elevation across from Purgatory Resort, this parcel is situated near the bottom of the Engineer Village subdivision for fabulous year round access. The flat, easily buildable lot, has mature ponderosa, spruce, and aspen trees on it. Central water and central sewer are available through Purgatory Metro District. Tap fees are around $16,000. Underground utilities and paved road. Close to National Forest for endless recreational opportunities.

Last Agent to Sell the Property

Justin Osborn

The Wells Group of Durango, LLC Listed on: 04/22/2021

Last Buyer's Agent

Cody James

eXp Realty, LLC

eXp Realty, LLC

Property Details

Property Type

  • Land

Lot Details

  • 0.3 Acre Lot
  • Level Lot

HOA Fees

  • $24 Monthly HOA Fees

Property Views

  • Mountain Views

Schools

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

Utilities

  • Septic System
  • Internet Available
  • Phone Available

Community Details

  • Dmma HOA

Listing and Financial Details

  • Security Deposit $3,000
  • Assessor Parcel Number 508925201007

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$24 per month

Listing Details

  • Class: Land
  • Em Holder: Title Durango
  • Legal Lot Block: Subdivision: ENGINEER VILLAGE PHASE I Lot: 7 PROJ 2003-208
  • Lot Dimension: See map
  • Lot Size Acreage: .25-.5 Acres
  • Parcel Id Number: 508925201007
  • Street Descriptionaccess: Paved
  • Street Designation: Drive
  • Zoning: Residential Single Family
  • HOA Fee Frequency: Annually
  • Domestic Sewer: Sewer Tap Available
  • Domestic Water: Tap Available
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 0.3
  • Current Property Use: Residential Single Family
  • Em Deposit: 3,000
  • Possible Property Use: Residential Single Family
  • Mineral Rights: Unknown
  • Topography: Level
  • Price per Sq Ft: 8.42
  • Sewerseptic In: Yes
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 366666.67
  • Water Tap Available: Yes
  • Water Tap Installed: Yes
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Total Taxes Dollar: 2005.20
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains

Utilities

  • Utilities: Electricity, Internet, Phone - Landline, Phone - Cell Reception
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Durango Mountain Utilities
  • Water Supplier: Purgatory Metropolitan District

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 285.89
  • Hoa Name: DMMA

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2018

MLS Schools

  • Elementary School: Animas Valley K-5
  • Middle School: Miller 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2022
Sold by
Palindrome Partners Llc
Bought by
Graham E Guest 2006 Trust
Current Estimated Value
$1,607,565

Purchase Details

Listed on
Apr 22, 2021
Closed on
Aug 12, 2021
Sold by
Grimes Terry
Bought by
James Paul T and Brookie Dean R
Seller's Agent
Justin Osborn
The Wells Group of Durango, LLC
Buyer's Agent
Cody James
eXp Realty, LLC
List Price
$110,000
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
84.47%
Original Mortgage
$60,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2017
Sold by
Edgemont Community Developers Inc
Bought by
Mantell Hecathorn Tara J

Purchase Details

Closed on
Feb 4, 2005
Sold by
Durango Mountain Land Company Llc
Bought by
Grimes Terry
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Graham E Guest 2006 Trust $110,000 None Listed On Document
Palindrome Partners Llc -- None Listed On Document
James Paul T $110,000 Durango Title
Mantell Hecathorn Tara J $155,000 None Available
Grimes Terry $164,900 Colorado Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner James Paul T $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2021 08/12/21 Sold $110,000 0.0% --
07/12/2021 07/12/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $110,000 -- --
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 $7,317 $87,840 $7,530 $80,310
2024 $685 $80,100 $7,720 $72,380
2023 $685 $10,930 $7,460 $3,470
2022 $1,436 $12,260 $8,370 $3,890
2021 $1,420 $16,940 $16,940 $0
2020 $2,005 $24,290 $24,290 $0
2019 $1,965 $24,290 $24,290 $0
2018 $1,649 $20,400 $20,400 $0
2017 $1,633 $20,400 $20,400 $0
2016 $1,423 $18,460 $18,460 $0
2015 $1,385 $18,460 $18,460 $0
2014 -- $21,370 $21,370 $0
2013 -- $21,370 $21,370 $0
Source: Public Records

Agents Affiliated with this Home

  • Justin Osborn

    Seller's Agent in 2021

    Justin Osborn

    The Wells Group of Durango, LLC

    (970) 946-3935

    349 Total Sales

    Justin Osborn
    Section Image
  • Cody James

    Buyer's Agent in 2021

    Cody James

    eXp Realty, LLC

    (970) 769-5253

    32 Total Sales

    Cody James
    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 781001

Colorado Real Estate Network (CREN)

APN: R426057

Colorado La Plata County Durango 81301

88 Engineer Dr, Durango, CO

Not Listed for Sale

Lots

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