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119 Sultan Drive

119 Sultan Drive, Durango, CO 81301
Property in La Plata
Sold May 16, 2022
$180,000
$1,675,000 by Alpine Bank
Mortgage
Sold May 16, 2022
$180,000
119 Sultan Drive has been categorized by the local assessors in Durango, CO as a residential type of property. The building on the property was first built in 2022 and is 2 years old. The home has a total of 4 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. The area measurement of the land has been determined as 10,846 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a contemporary style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 119 Sultan Drive sold most recently in May 12, 2022 for a total of $180,000. Before that, the property was also sold for $180,000 in Apr 25, 2022. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $3,933 in taxes each year. The initial year of tax delinquency occurred in 2020. 119 Sultan Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $24,680. If we break it down further, the land itself was valued at $11,700. Improvements to the property, however, were assessed at a total of $12,980. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Style: Contemporary
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,846
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DMR ENGINEER VILLAGE PH III
  • Land Acres: 0.249
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: SUBDIVISION: DMR ENGINEER VILLAGE PH III LOT: 86 119 SULTAN DR DURANGO 81301

Ownership

  • Current Owner : PURGATORY DREAM LLC
  • Previous Owner : MCHALE PAUL M
  • Owner Before Previous Owner: DURANGO MOUNTAIN LAND COMPANY LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Durango School District 9-R
  • Census Tract: 970900

Geography

  • Assessors Map Reference: C06-0014
  • Account Number: R429067
  • Subdivision Phase Number: 3
  • Parcel: R429067
  • Lot: 86
  • Latitude: 37.6221
  • Longitude: -107.809

    Address

  • Full Address: 119 Sultan Dr
  • Address - House Number: 119
  • Address - Street Name: Sultan
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Durango
  • Zip Code: 81301

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,933
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 1253

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 77
  • Final Value: 548,746
  • High Value: 646,172
  • Low Value: 451,320

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,675,000
  • First Open Lien Mortgage Lender: ALPINE BANK
  • First Open Lien Mortgage Recording Date: May 16, 2022
  • First Open Lien Mortgage Loan Amount: $1,675,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan

    Market Valuation

  • Market Total Value: $364,730
  • Market Land Value: $172,890
  • Market Improvement Value: $191,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,680
  • Assessed Land Value: $11,700
  • Assessed Improvements Value: $12,980

    Sales

  • Current Sale Contract Date: May 12, 2022
  • Current Sale Recording Date: May 16, 2022
  • Current Sale Transaction ID: 11888119444
  • Current Sale Price: $180,000
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 1210347
  • Previous Sale Recording Date: May 16, 2022
  • Previous Sale Contract Date: Apr 25, 2022
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALPINE BANK
  • First Mortgage Transaction Date: May 16, 2022
  • First Mortgage Loan Amount: $1,675,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

About La Plata



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Frequently Asked Questions

What neighborhood is 119 Sultan Drive located in?
The 119 Sultan Drive is a located in the neighborhood of La Plata in La Plata, Durango.
What is the average sales price for listings in 119 Sultan Drive?
The average sales price for units in 119 Sultan Drive is $0 currently.

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