NOT LISTED FOR SALE

Estimated Value: $764,000 - $1,301,000

6 Beds
4 Baths
2,400 Sq Ft
$457/Sq Ft Est. Value

Last Sold March 15, 2019

Last sale price $650,000 $271 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $6,264/month

11 Days on Market

Highlights

  • 2 Car Attached Garage
  • Park Elementary School Rated A-
  • 1-Story Property

About This Home

As of March 2019

This home is located at E 5th St Unit 2, Durango, CO 81301 since 21 January 2019 and is currently estimated at $1,096,722, approximately $456 per square foot. This property was built in 1997. E 5th St Unit 2 is a home located in La Plata County with nearby schools including Park Elementary School, Escalante Middle School, and Durango High School.

Last Listed By

Ben Stowers

Keller Williams Realty Southwest Associates, LLC Listed on: 01/21/2019

Keller Williams Realty Southwest Associates, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,528

Year Built

  • Built in 1997

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex

Interior Spaces

  • 4 Full Bathrooms
  • 2,400 Sq Ft Home
  • 1-Story Property

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 566529408008

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $44,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,528

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Estimated Total Acres: 0.17
  • Class: Multifamily
  • Em Deposit: 15,000
  • Em Holder: Title Durango
  • Legal Lot Block: MOUNTAIN VIEW ADD Block: 28 Lot: 5 AND:- Lot: 6 M V ADD 819 E 5TH ST DURANGO 81301
  • List Price per Sq Ft: 270.83
  • Lot Dimension: 7500 SF
  • Lot Size Acreage: Less than 1/2
  • Parcel Id Number: 566529408008
  • Price Per Sq Ft: 270.83
  • Residence Stories: One Story
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 270.83
  • Street Designation: Street
  • Tax Account Id: R005728
  • Zoning: Residential Multi Family
  • Domestic Water Sewer: City Water, City Sewer
  • Heating Fuelsystem: Natural Gas, Forced Air
  • Metered: Metered for Gas, Metered for Electricity, Metered for Water
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Water Meters: 2
  • Type: Duplex
  • Lvt Date: 01/23/2019
  • Total Taxes Dollar: 1528
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Estimated Total Sq Ft: 2400
  • Full Bathrooms: 4
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Office Den: 0

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Sewer Supplier: City of Durango
  • Water Supplier: City of Durango

Schools

  • Elementary School: Park 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

Multi Family

  • No. of Units: 2
  • Gross Scheduled Income: 44800

Tax Info

  • Tax Year: 2018

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2019
Closed on
Mar 15, 2019
Sold by
Stetler Mark
Bought by
Ndtco As Custodian and Stephen S Haverly Ira
Seller's Agent
Ben Stowers
Keller Williams Realty Southwest Associates, LLC
Buyer's Agent
Rick Lorenz
The Wells Group of Durango, Inc.
List Price
$650,000
Sold Price
$650,000
Total Days on Market
11
Current Estimated Value
$1,096,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,722
Avg. Annual Appreciation
9.92%
Original Mortgage
$201,467
Outstanding Balance
$159,655
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
$1,003,390

Purchase Details

Closed on
Jun 27, 2013
Sold by
The Mark Jere Crossett Trust
Bought by
Stetler Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,250
Interest Rate
3.54%
Mortgage Type
New Conventional

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
Ndtco As Custodian $65,000 Title Durango
Stetler Mark $527,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ndtco As Custodian $201,467
Previous Owner Stetler Mark $369,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2019 03/15/19 Sold $650,000 0.0% $271 / Sq Ft
02/01/2019 02/01/19 Pending -- -- --
01/21/2019 01/21/19 For Sale $650,000 -- $271 / 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
2024 $2,203 $54,810 $17,810 $37,000
2023 $2,203 $58,040 $18,860 $39,180
2022 $1,849 $59,360 $19,290 $40,070
2021 $1,898 $47,810 $16,960 $30,850
2020 $1,759 $45,740 $16,730 $29,010
2019 $1,682 $45,740 $16,730 $29,010
2018 $1,563 $43,030 $15,850 $27,180
2017 $1,528 $43,030 $15,850 $27,180
2016 $1,393 $42,750 $15,150 $27,600
2015 $1,438 $57,610 $15,150 $42,460
2014 $1,438 $45,260 $14,560 $30,700
2013 -- $45,260 $14,560 $30,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 753543

Colorado Real Estate Network (CREN)

APN: R005728