Seller's Agent in 2022
John Wells
The Wells Group of Durango, LLC
(970) 749-1440
137 Total Sales
S U S 160 Durango, CO 81303
Estimated Value: $2,308,994
3.47
Acres
$665,416
Price per Acre
151,153
Sq Ft Lot
About This Lot
As of January 2022Exceptional development opportunity. This parcel of 3.5 acres is ideal for higher density multifamily (condominiums, apartments or townhomes). The proximity to the river trail, schools, shopping and easy access to Highway 160/550 make this an ideal location for residential development. The property is adjoined by Escalante Middle School athletic fields to the west, providing a nice corridor view. To the Southwest are condominiums and townhomes which sell well in the market place. The location is also convenient to the Animas River Dallabetta River “put in and take out” location.
Last Buyer's Agent
Durango NON MEMBER
NON-MEMBER/FSBO Durango
Property Details
Property Type
- Land
Est. Annual Taxes
- $15,006
Lot Details
- 3.47 Acre Lot
- Level Lot
- Property is zoned Residential Multi Family
Schools
- Park K-5 Elementary School
- Escalante 6-8 Middle School
- Durango 9-12 High School
Utilities
- Septic System
Listing and Financial Details
- Security Deposit $35,000
- Assessor Parcel Number 566909200039
- Special Tax Authority
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 19, 2019
Closed on
Jan 14, 2022
Sold by
Escalante Partners Llc
Bought by
26344 S Highway 160 Llc
Seller's Agent
John Wells
The Wells Group of Durango, LLC
Buyer's Agent
Durango NON MEMBER
NON-MEMBER/FSBO Durango
List Price
$2,200,000
Sold Price
$2,200,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,994
Purchase Details
Closed on
Jul 10, 2006
Sold by
Hermesman Theodore A and Hermesman Bennie H
Bought by
Escalante Partners Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.6%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Apr 24, 1998
Bought by
Escalante Partners Llc
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 26344 S Highway 160 Llc | $2,200,000 | None Listed On Document | |
| Escalante Partners Llc | $1,500,000 | Land Title | |
| Escalante Partners Llc | $520,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Escalante Partners Llc | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/14/2022 01/14/22 | Sold | $2,200,000 | 0.0% | -- |
| 05/18/2021 05/18/21 | Pending | -- | -- | -- |
| 11/19/2019 11/19/19 | For Sale | $2,200,000 | -- | -- |
Source: Colorado Real Estate Network (CREN)
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 | $62,402 | $1,797,190 | $122,400 | $1,674,790 |
| 2024 | $31,996 | $1,930,830 | $130,960 | $1,799,870 |
| 2023 | $31,996 | $645,180 | $531,170 | $114,010 |
| 2022 | $26,885 | $679,310 | $559,270 | $120,040 |
| 2021 | $26,319 | $596,900 | $481,740 | $115,160 |
| 2020 | $25,193 | $587,880 | $481,740 | $106,140 |
| 2019 | $23,334 | $587,880 | $481,740 | $106,140 |
| 2018 | $21,846 | $556,840 | $457,960 | $98,880 |
| 2017 | $21,404 | $556,840 | $457,960 | $98,880 |
| 2016 | $17,322 | $487,680 | $398,000 | $89,680 |
| 2015 | $808 | $487,680 | $398,000 | $89,680 |
| 2014 | $808 | $432,340 | $344,240 | $88,100 |
| 2013 | -- | $432,340 | $344,240 | $88,100 |
Source: Public Records
Agents Affiliated with this Home
-
John Wells
-
D
Buyer's Agent in 2022
Durango NON MEMBER
NON-MEMBER/FSBO Durango
Map
Source: Colorado Real Estate Network (CREN)
MLS Number: 764775
APN: R012449
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