$125,500
SOLD AUG 22, 2024

881 Aspen Dr Durango, CO 81301

3.2 Acres
$39,219 Price per Acre
139,392 Sq Ft Lot

Recently Sold

10% Below List Price

8 Days on Market

About This Lot

As of August 2024

Enjoy your own mountain hideaway on this lovely 3.2 acre lot located roughly 13.5 miles from Durango, Colorado. There are epic valley views and you can hear the sound of the Florida River as it flows by. South facing exposure and 2 different ways you can access the property, either directly off of CR 240 or through the Aspen Trails subdivision. This property can have 2 homes built on it and the covenants do allow short term rentals. Beautiful Lemon Reservoir is a short distance from the property with acres of National Forest and the Weminuche Wilderness area beckoning for you to explore. The lot is sloped and lends itself to a walk out floor plan and makes it possible to see elk, deer, bear and other wildlife routinely in the meadow across the valley with clear views from various potential build sites. You will need to install your own well, septic system and driveway. Call today to learn more about this beautiful parcel of land.

Last Agent to Sell the Property

Amber Johnson

Durango Land and Homes Listed on: 07/17/2024

Last Buyer's Agent

Tim Papi

Coldwell Banker Mountain Properties

Coldwell Banker Mountain Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $838

Lot Details

  • 3.2 Acre Lot
  • Steep Slope

HOA Fees

  • $42 Monthly HOA Fees

Property Views

  • Creek or Stream
  • Valley

Schools

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

Community Details

  • Association fees include road maintenance, snow removal
  • Aspen Trails HOA
  • Aspen Trails Subdivision

Listing and Financial Details

  • Security Deposit $5,000
  • Assessor Parcel Number 559330102042

Property Details

Property Type

Land

Est. Annual Taxes

$838

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Class: Land
  • Em Holder: Colorado Title
  • Legal Lot Block: SUBDIVISION: ASPEN TRAILS #1 LOT: 66R GRANITE PEAK/BAXTER BA PROJ 2017-0029 PER PLAT 1144073 881 ASPEN DR DURANGO 81301
  • Lot Size Acreage: 1-5 Acres
  • Parcel Id Number: 559330102042
  • Street Descriptionaccess: County, Private, Paved, Gravel, Easement
  • Street Designation: Drive
  • Tax Account Id: R436708
  • HOA Fee Frequency: Annually
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 3.2
  • Current Property Use: Residential Single Family, Mountain Recreation
  • Em Deposit: 5,000
  • Mineral Rights: Unknown
  • Price Acre: 43437.5
  • Topography: Steep
  • Price per Sq Ft: 1
  • Sold Priceacre: 39218.75
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Total Taxes Dollar: 837.60
  • Prop Description Remarks: Enjoy your own mountain hideaway on this lovely 3.2 acre lot located roughly 13.5 miles from Durango, Colorado. There are epic valley views and you can hear the sound of the Florida River as it flows by. South facing exposure and 2 different ways you can access the property, either directly off of CR 240 or through the Aspen Trails subdivision. This property can have 2 homes built on it and the covenants do allow short term rentals. Beautiful Lemon Reservoir is a short distance from the property with acres of National Forest and the Weminuche Wilderness area beckoning for you to explore. The lot is sloped and lends itself to a walk out floor plan and makes it possible to see elk, deer, bear and other wildlife routinely in the meadow across the valley with clear views from various potential build sites. You will need to install your own well, septic system and driveway. Call today to learn more about this beautiful parcel of land.
  • Subdv Name: Aspen Trails
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Stream/River, Valley

Utilities

  • Electric Supplier: La Plata Electric Association
  • Water Supplier: Well

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Road Maintenance, Snow Removal
  • Hoametro Fees: 500
  • Hoa Name: Aspen Trails

Schools

  • Elementary School: Riverview 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: 2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Aug 22, 2024
Sold by
Murphy James P and Murphy Sandra S
Bought by
Johnson Don and Johnson Spanda
Seller's Agent
Amber Johnson
Durango Land and Homes
Buyer's Agent
Tim Papi
Coldwell Banker Mountain Properties
List Price
$139,000
Sold Price
$125,500
Premium/Discount to List
-$13,500
-9.71%
Total Days on Market
8
Views
14
Current Estimated Value
$126,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,158
Avg. Annual Appreciation
1.14%

Purchase Details

Closed on
Oct 9, 2018
Sold by
Granite Peak Investments Llc
Bought by
Murphy James P and Murphy Sandra S

Purchase Details

Closed on
Jan 11, 2016
Sold by
Jones Mayda
Bought by
Jones Richard

Purchase Details

Closed on
Mar 30, 2007
Sold by
Jones Richard and Jones Cardell
Bought by
Jones Richard and Jones Mayda
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $125,500 None Listed On Document
Warranty Deed $50,000 Colorado Title & Closing Ser
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2024 08/22/24 Sold $125,500 -9.7% --
07/25/2024 07/25/24 Pending -- -- --
07/17/2024 07/17/24 For Sale $139,000 +286.1% --
12/29/2016 12/29/16 Sold $36,000 -25.0% --
11/10/2016 11/10/16 Pending -- -- --
11/10/2016 11/10/16 For Sale $48,000 -- --
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
2024 $838 $16,320 $16,320 --
2023 $838 $16,320 $16,320 $0
2022 $840 $16,970 $16,970 $0
2021 $828 $14,510 $14,510 $0
2020 $504 $9,010 $9,010 $0
2019 $487 $9,010 $9,010 $0
2018 $384 $7,080 $7,080 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 816053

Colorado Real Estate Network (CREN)

APN: 559330102042