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$695,000   Price Analysis
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543 E 2nd Ave Ste 1D
Durango, CO 81301
2 bed 2 bath 1,241 SqFt ($560/SqFt)
Built 2003
Listed 2024-06-06, Taxes $1,058
USDA Eligible
near Durango, CO
 

Renovated Downtown Durango Condo!

Experience the pinnacle of downtown living in this impeccable 2-bedroom, 2-bath condo nestled in the heart of Durango, off Main Ave. and College Dr. Redefining no-maintenance living, this unit boasts high ceilings with crown molding, granite tile countertops, stainless steel appliances (including brand-new refrigerator/microwave/oven) and modern conveniences including A/C and an in-unit washer and dryer. Seller recently ordered new window package valued over $10K and should be installed by the end of May. The living room features a gas fireplace with custom surround and opens to a large patio maintained by the HOA, which is primarily enjoyed by the current owners of this unit, as it is the condo with direct access to this extended outdoor living space.

Both roomy bedrooms are complemented by ample closet space, with the oversized primary showcasing a generous walk-in closet and an ensuite bath featuring a double vanity, tiled shower and separate water closet. This main-level suite offers secure, convenient access and extends into shared outdoor spaces, including a separate community patio equipped with tables, chairs, BBQ and a canvas shade awning, perfect for social gatherings or serene relaxation. The unit comes with two dedicated covered parking spaces and additional guest parking in the underground garage and includes a separate, climate-cntrolled storage unit for your Colorado outdoor gear. Currently operated as a long-term rental with a lucrative revenue history. Vacation rentals of 7 days or more are permitted per the HOA and subject to approval by the City of Durango. There is a $2000 transfer fee to the HOA payable at closing by the purchaser. Embrace a lifestyle where everything from Durango's finest dining to vibrant entertainment is merely steps away. This condo is truly in the BEST LOCATION, offering an unparalleled blend of comfort and convenience.


Presented by Zach Morse at
Legacy Properties West Sotheby's International Realty.
Listing Agent Photo

Property MLS #814451 from CREN

Bedrooms: 2
Primary Bedroom Level: Main Level

Total Bathrooms: 2
Full Bathrooms: 1
3/4 Bathrooms: 1

W/D Hookup
Granite Counters
Walk In Closet
Fire Sprinklers
Furnished Description: Unfurnished
Flooring: Carpet-Partial, Hardwood

Cooling Features: Central A/C
Fireplace Features: Gas Logs, Living Room
Heating Features: Forced Air
Heating Fuel: Natural Gas

Living Room Description: No

Road Frontage Type: Avenue

Garage Spaces: 2
Garage Description: Basement Garage

View: Mountains

Association: Yes
Association Name: Mears House
Dogs Allowed: Yes

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

Park Elementary School is a public elementary school located approximately 0.4 miles away.
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Durango High School is a public high school located approximately 1.4 miles away.
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Escalante Middle School is a public middle school located approximately 3.1 miles away.
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Durango Early Learning Center is a private elementary school located approximately 0.3 miles away.
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Annual Tax Amount: 1099.24
Source Listing Status: Back on Market
County: La Plata
Current Use: Residential
Directions: From College and Main head East on College. Turn Right on 2nd Ave. Mears House is the three-story building next to East by Southwest on the corner of College Dr and 2nd Ave. Lobby is open during business hours M-F. Contact listing agent for access.
Tax Year: 2023
Source Property Type: RESIDENTIAL
Possible Use: Residential
Area: Durango In Town
Property Subtype: condo
Source Neighborhood: Mears House
Subdivision: Mears House
Zoning: Residential Single Family
Property Subtype: Condo
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$26,030 + $unknown
$26,030
$1,058
2021$26,780 + $unknown
$26,780
$1,062
2020$25,680 + $unknown
$25,680
$987
2019$25,680 + $unknown
$25,680
$944
2018$25,320 + $unknown
$25,320
$919
2017$25,320 + $unknown
$25,320
$899
2016$25,410 + $unknown
$25,410
$828
2015$25,410 + $unknown
$25,410
$775
2014$25,810 + $unknown
$25,810
$820
2013$25,810 + $unknown
$25,810
$820
2012$31,040 + $unknown
$31,040
$919
2010$31,040 + $unknown
$31,040
$956
2009$33,130 + $unknown
$33,130
$897
2008$33,130 + $unknown
$33,130
$830
2007$30,460 + $unknown
$30,460
$846

Listed 2024-06-06
$695,000
CREN
Listing removed 2024-06-06
$0
CREN
Listed 2024-05-09
$695,000
CREN
Listing removed 2024-04-17
$0
CREN
Listed 2024-03-20
$699,000
CREN
Listing removed 2020-08-13
$0
CREN
Sold 2020-08-12
$449,000
Public Record
Listed 2020-07-03
$449,000
CREN
Sold 2018-01-22
$395,000
Public Record
Sold 2010-09-29
$340,000
Public Record
Sold 2005-04-29
$334,700
Public Record

Total Square Feet Living: 1241
Year Built: 2003
Building Exterior Type: Brick, Stucco
Property Age: 21
Property Attached: No
Levels or Stories: 1
House Style: Contemporary

Sewer: Public Sewer
Electric
Natural Gas
Internet
Phone - Cell Reception
Phone - Landline
Water Source: Central Water
Water Well: No
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.