NOT LISTED FOR SALE

8993 Highway 550 Durango, CO 81303

Estimated Value: $694,210 - $957,000

2 Beds
2 Baths
1,660 Sq Ft
$486/Sq Ft Est. Value

Last Sold March 09, 2021

Last sale price $550,000 $331 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,402/month

Highlights

  • Horses Allowed On Property
  • Solar Power System
  • Fireplace in Bedroom
  • Durango High School Rated A-
  • Mountain View
  • Deck

About This Home

As of March 2021

"A Labor of Love" is what you will find with this Durango gem located on the South Mesa a few short minutes to town. This single level, 2 bedroom, 2 bath on just over 3 1/2 acres has opportunity and option. Tucked behind a fully fenced property, gated entrance, and amongst matured Ash, Aspen, Juniper and Spruce trees; this light and bright home has an incredible landscaped setting. Owners have seen multiple wildlife including fox, turkeys, bobcats, deer and coyotes. Your miniature sanctuary comes with plenty of parking in the gravel drive, a 2 car garage with built in wood burning fireplace keeping it warm to work on projects, a wood shed, owned Solar panels producing 1,800 watts per hour, 1,000 gal septic, 250 gal propane tank, and acreage that fronts the highway for horses or any other livestock. Minimal covenant and No HOA. Crossing the bridge and up the flagstone walk, you are greeted with a beautiful Portico entrance, new stucco siding, and cedar siding repainted in 2019. Entry into the Living Room and Kitchen also connect to an open Dining and entertaining area all with T&G Aspen vaulted ceilings. LG stainless steel appliances with a Kenmore Range/Oven located in the Kitchen with a small island. A wood burning free standing fireplace is located in the living room along with a gas burning log freestanding stove in the Dining/Entertainment room. The bedrooms are located on opposite sides of the house with each bathroom near. The 2nd family/TV room could possibly used for a 3rd bedroom as well. The Master Bedroom and Deck was an addition put on in 2013. The Master Bedroom has Brazilian Cherry Wood floors, gas fireplace insert, and French doors that exit onto the deck for your morning coffee and evening cocktails. Schedule your showing today and get ready to move into your next home!

Last Agent to Sell the Property

Dru English

Keller Williams Realty Southwest Associates, LLC Listed on: 12/02/2020

Keller Williams Realty Southwest Associates, LLC

Co-Listed By

Russell Smith

Keller Williams Realty Southwest Associates, LLC

Last Buyer's Agent

Durango NON MEMBER

NON-MEMBER/FSBO Durango

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $976

Year Built

  • Built in 1983 | Remodeled in 2013

Lot Details

  • 3.52 Acre Lot
  • Back and Front Yard Fenced
  • Wooded Lot

Home Design

  • Ranch Style House
  • Composition Roof
  • Asphalt Roof
  • Wood Siding
  • Metal Siding
  • Stone Siding
  • Stick Built Home
  • Stucco
  • Stone

Interior Spaces

  • 1,660 Sq Ft Home
  • Tongue and Groove Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Gas Log Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Formal Dining Room
  • Den with Fireplace
  • Mountain Views
  • Crawl Space
  • Home Security System

Kitchen

  • Oven or Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Heated Garage

Eco-Friendly Details

  • Solar Power System
  • Solar Heating System

Outdoor Features

  • Deck
  • Shed

Schools

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

Farming

  • Cattle
  • Hogs
  • Sheep or Goats

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Forced Air Heating System
  • Heating System Uses Wood
  • Heating System Powered By Owned Propane
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Septic Tank
  • Septic System
  • Internet Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 595107100196

Home Details

Home Type

Single Family

Est. Annual Taxes

$976

Year Built

Built in 1983 | Remodeled in 2013

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer
  • Estimated Total Acres: 3.521
  • Class: RESIDENTIAL
  • Em Deposit: 7500
  • Em Holder: LTG
  • Exterior Inclusions: Satellite Dish, Shed/Storage, Deck
  • Interior Inclusions: Wood Stove, Window Coverings, Wired/Cable TV, Ceiling Fan(s), Granite Counters, Security System, T&G Ceilings, Heated Garage
  • Legal Lot Block: Subdivision: SCOTT S/D Lot: 1A PLUS WELL OUTLOT LESS 1014585 WD ROW TO CDOT PER PLAT 1178474 BJELLA MES LOT 1A & WELL OUTLOT CONS PROJ 2020-0060
  • List Price per Sq Ft: 331.33
  • Livestock Allowed: Cattle, Horses, Poultry, Sheep, Swine
  • Lot Size Acreage: 2-4.99
  • Parcel Id Number: 595107100196
  • Price Per Sq Ft: 331.33
  • Property Description: Wooded Lot
  • Real Estate Included: Yes
  • Realist Id: 5951-071-00-196
  • Residence Stories: One Story
  • Residence Style: Ranch
  • Sale/Rent: For Sale
  • Siding: Metal, Stone, Stucco, Wood
  • Sold Price Sq Ft: 331.33
  • Street Descriptionaccess: State Highway, County, Dirt, Shared Drive
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Provider: Hughes Net
  • Internet Service: Yes
  • Total Taxes Dollar: 976.20
  • Year Built: 1983
  • Year Renovated: 2013
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Dining Room: Separate Dining
  • Bedrooms: 2
  • Flooring: Carpet-Partial, Hardwood, Tile
  • Estimated Total Sq Ft: 1660
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 2
  • Fireplace Location Type: Gas Logs, Bedroom, Living Room, Den/Family Room, Woodstove
  • Foundation: Crawl Space
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Fence: Full Property, Fenced - Back, Fenced - Front
  • Construction Type: Wood Frame, Wood, Stone
  • Exterior Structures: Garage, Woodshed
  • Roof: Asphalt, Composition
  • Views: Mountains

Garage/Parking

  • Garage Type: Detached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Electric, Propane-Tank Owned, Solar, Cable TV, Internet, Phone - Cell Reception
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Heating System: Forced Air, Fireplace, Wood Stove, Solar
  • Sewer Supplier: Septic
  • Water Heater: Propane Water Heater
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 179694

Schools

  • Elementary School: Sunnyside 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: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2020
Closed on
Mar 9, 2021
Sold by
Waggoner Franklin James
Bought by
Luster William R
Seller's Agent
Dru English
Keller Williams Realty Southwest Associates, LLC
Buyer's Agent
Durango NON MEMBER
NON-MEMBER/FSBO Durango
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$806,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,803
Avg. Annual Appreciation
8.61%
Original Mortgage
$440,000
Outstanding Balance
$394,429
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$412,374

Purchase Details

Closed on
May 6, 2014
Sold by
Mayer Amy and Waggoner Frank J
Bought by
Waggoner Franklin James
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
Luster William R $550,000 Land Title Guarantee Co
Waggoner Franklin James -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luster William R $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2021 03/09/21 Sold $550,000 0.0% $331 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
12/02/2020 12/02/20 For Sale $550,000 -- $331 / 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 $2,046 $49,730 $9,220 $40,510
2024 $1,789 $36,590 $7,680 $28,910
2023 $1,789 $39,660 $8,330 $31,330
2022 $1,248 $25,290 $7,470 $17,820
2021 $0 $26,020 $7,690 $18,330
2020 $0 $22,190 $7,370 $14,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 776839

Colorado Real Estate Network (CREN)

APN: R437962