NOT LISTED FOR SALE

978 E 5th Ave Durango, CO 81301

The Grid Neighborhood

Estimated Value: $793,000 - $899,000

3 Beds
3 Baths
1,080 Sq Ft
$767/Sq Ft Est. Value

About This Home

Situated at the base of the Sky Steps and the Nature Trail, and 5 blocks from Main Avenue, this house offers convenient access to outdoor adventures in the heart of downtown Durango.
The house has three bedrooms (2 bedrooms plus a spacious bonus room that can be closed off and used as a 3rd bedroom), two bathrooms, a living room, and a dining room. The renovated kitchen retains the charm of the original custom-made cabinetry while also featuring all new stainless appliances including a low-profile microwave and dishwasher. It has quartz countertops, a tile backsplash, and an oversized deep sink. The new bathroom has a double sink vanity, walk-in shower, and tile floors. There is beautiful hardwood flooring throughout. The new furnace and central air conditioning ensure year-round comfort.
The house has extensive gardens and lawn area that are cared for professionally at the owner's expense. There is a full unfinished basement with laundry facilities and utilities sink. The spacious one car garage has a remote-control garage door.
The house is ideal for remote workers, retirees, or any mature tenant seeking a beautifully renovated home in the Avenues of historic downtown Durango. The house accommodates a maximum of three people.
Please contact me if you are interested in the house. Provide the following information: your employment status, reason for leaving your current residence and if you have a pet. I will do an initial screening based on your responses and if it appears you would be a great fit, we can schedule a showing. After the showing, I will send you an application if you want to move forward with a lease. When your application is approved, a lease will be prepared.
Renter pays for all utilities. Renter removes snow. Owner provides yard maintenance. One small dog (up to 30 pounds) may be allowed pending the owner's approval. Fee for a dog is $50/month. Lease term is 12 months. The security deposit is equal to one month's rent and is due upon signing the lease. First and last month's rent is due when the lease commences. Smoking is allowed outside the house. There is a garage for one car and on-street parking in front of the house.

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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
Jul 1, 2024
Bought by
Current Estimated Value
$828,599

Purchase Details

Closed on
Aug 2, 2018
Sold by
Lyon Dale N
Bought by
Dale N Lyon Trust

Purchase Details

Closed on
Oct 31, 2011
Sold by
Lyon Dale N
Bought by
Joan R Lyon Family Trust

Purchase Details

Closed on
Nov 22, 2010
Sold by
Joan R Lyon Family Trust
Bought by
Lyon Dale N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
4.22%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 22, 2008
Sold by
Lyon Dale N
Bought by
Joan R Lyon Family Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in The Grid, CO

  • Jessica Low Real Estate Agent - EXIT Realty Home & Ranch

    Jessica Low

    EXIT Realty Home & Ranch

    (970) 508-8970

    54 Total Sales

    2 in The Grid

    $200K - $1.4M Price Range

    Jessica Low
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  • Dasha Greidanus Real Estate Agent - Berkshire Hathaway HomeServices Colorado Properties

    Dasha Greidanus

    Berkshire Hathaway HomeServices Colorado Properties

    (970) 426-0680

    73 Total Sales

    1 in The Grid

    $2,075,000 Price

    Dasha Greidanus
     Section Image
  • Kimberly Brown Real Estate Agent - Galles Properties

    Kimberly Brown

    Galles Properties

    (970) 508-8579

    140 Total Sales

    1 in The Grid

    $400,000 Price

    Kimberly Brown
     Section Image
  • Kim Cofman Real Estate Agent - Legacy Properties West Sotheby's Int. Realty

    Kim Cofman

    Responds Quickly

    Legacy Properties West Sotheby's Int. Realty

    (970) 508-8502

    66 Total Sales

    2 in The Grid

    $703K - $965K Price Range

    Kim Cofman
     Section Image
  • Katri Annast Real Estate Agent - RE/MAX Pinnacle

    Katri Annast

    Responds Quickly

    RE/MAX Pinnacle

    (970) 459-5635

    200 Total Sales

    4 in The Grid

    $36K - $895K Price Range

    Katri Annast
     Section Image
  • Dan Korman Real Estate Agent - Alpenglow Properties LLC

    Dan Korman

    Responds Quickly

    Alpenglow Properties LLC

    (970) 459-5775

    77 Total Sales

    4 in The Grid

    $490K - $2.2M Price Range

    Dan Korman
     Section Image
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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
-- None Listed On Document
Dale N Lyon Trust -- None Available
Joan R Lyon Family Trust -- None Available
Lyon Dale N -- None Available
Lyon Dale N -- None Available
Joan R Lyon Family Trust -- None Available
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
Previous Owner $235,000
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
06/22/2025 06/22/25 Off Market $2,750 -- --
06/17/2025 06/17/25 For Rent $2,750 -- --

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
2026 $2,529 $47,180 $23,240 $23,940
2025 $1,815 $47,750 $23,520 $24,230
2024 $1,815 $47,750 $23,520 $24,230
2023 $1,544 $41,490 $18,740 $22,750
2022 $1,387 $43,670 $19,720 $23,950
2021 $1,393 $35,100 $16,980 $18,120
2020 $1,301 $33,830 $16,800 $17,030
2019 $1,244 $33,830 $16,800 $17,030
2018 $1,158 $31,870 $15,930 $15,940
2017 $1,132 $31,870 $15,930 $15,940
2016 $1,020 $31,300 $15,220 $16,080
2015 $956 $31,300 $15,220 $16,080
2014 -- $28,400 $14,630 $13,770
2013 -- $28,400 $14,630 $13,770
Source: Public Records

Map

Colorado La Plata County Durango 81301 The Grid

978 E 5th Ave, Durango, CO

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