NOT LISTED FOR SALE

W Hwy 160 Durango, CO 81303

Estimated Value: $1,664,414

76 Acres
$21,900 Price per Acre
3,310,560 Sq Ft Lot

Last Sold August 09, 2017

Last sale price $475,000 $117 Per Sq Ft

Est. 250% increase in value since last sale

Current estimated payment $10,708/month

470 Days on Market

Highlights

  • 76 Acre Lot
  • Mountain View
  • 4-minute walk to San Juan National Forest
  • Park Elementary School Rated A-

About This Lot

As of August 2017

The Perins Peak Ranch is a 76 acre mountain property on the West edge of Durango with fantastic views and future development potential. Current options include premium building sites with spectacular views and privacy. Adjacent to the recently approved Twin Buttes Development Wildlife Area and is completely surrounded by over 200 acres of City of Durango Open Space. Seller is a Licensed Real Estate Broker.

Last Agent to Sell the Property

Scott Kurlander

Keller Williams Realty Southwest Associates, LLC Listed on: 03/29/2016

Keller Williams Realty Southwest Associates, LLC

Last Buyer's Agent

John Bernazzani

Durango Star Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,461

Year Built

  • 1972

Lot Details

  • 76

Property Views

  • Mountain
  • Valley

Schools

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

Additional Features

  • 76 Acre Lot
  • Septic System

Listing and Financial Details

  • Security Deposit $25,000
  • Assessor Parcel Number 566124300078

Property Details

Property Type

Land

Est. Annual Taxes

$3,461

Year Built

1972

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Title
  • Legal Lot Block: Meets & Bounds
  • Lot Dimension: irregular
  • Lot Size Acreage: 51-99 Acres
  • Parcel Id Number: 566124300078
  • Street Descriptionaccess: Private, Seasonal, Dirt, Easement, Shared Drive
  • Domestic Sewer: Septic
  • Type: Mountain Property
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 76
  • Current Property Use: Residential Single Family, Mountain Recreation, Hunting
  • Em Deposit: 25,000.00
  • Possible Property Use: Mountain Recreation
  • Price Acre: 7236.84
  • Modularmobile Allow: Both
  • Price per Sq Ft: 0.17
  • Sold Priceacre: 6250
  • Total Taxes Dollar: 3,461.36
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1972

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains, Valley

Schools

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

Tax Info

  • Tax Year: 2017

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2021
Sold by
Gamble Business Ventures Llc
Bought by
Lightner Creek Property Llc
Total Days on Market
470
Current Estimated Value
$1,664,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,226,000
Outstanding Balance
$323,341
Interest Rate
2.9%
Mortgage Type
Seller Take Back
Estimated Equity
$1,341,073

Purchase Details

Closed on
Aug 31, 1995
Bought by
Gamble Business Ventures Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lightner Creek Property Llc -- Colorado Title & Closing Servi
Gamble Business Ventures Llc $300,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lightner Creek Property Llc $1,226,000
Closed Lightner Creek Property Llc $1,226,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2017 08/09/17 Sold $475,000 -20.2% $117 / Sq Ft
07/12/2017 07/12/17 Pending -- -- --
03/29/2016 03/29/16 For Sale $595,000 -47.1% $146 / Sq Ft
08/20/2013 08/20/13 Sold $1,125,000 +230.9% $276 / Sq Ft
05/23/2013 05/23/13 Pending -- -- --
02/01/2012 02/01/12 Sold $340,000 -2.9% $84 / Sq Ft
01/02/2012 01/02/12 Pending -- -- --
05/26/2011 05/26/11 For Sale $350,000 -76.7% $86 / Sq Ft
07/12/2010 07/12/10 For Sale $1,500,000 -- $369 / 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 $16,906 $420,640 $113,460 $307,180
2023 $16,906 $420,640 $113,460 $307,180
2022 $8,974 $445,930 $120,280 $325,650
2021 $8,760 $220,700 $101,130 $119,570
2020 $8,629 $7,950 $0 $7,950
2019 $292 $7,950 $0 $7,950
2018 $7,971 $8,100 $0 $8,100
2017 $7,795 $8,100 $0 $8,100
2016 $6,872 $7,790 $0 $7,790
2015 -- $210,830 $93,400 $117,430
2014 $3,501 $220,340 $90,710 $129,630
2013 -- $220,340 $90,710 $129,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 716538

Colorado Real Estate Network (CREN)

APN: R008325