7 months on rocket

50827 N 550th Hwy Unit 309, Durango, CO, 81301

$199,000

Home List Price

$2,363*

Closing Credit

1 Full Bath
375 SqFt
$531/SqFt
Condo

Location

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50827 N 550th Hwy Unit 309, Durango$199,000

Buyer Closing Credits

$2,363*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1982
MLS #812267
StatusActive

About 50827 N 550th Hwy Unit 309

Stunning views from this affordable studio unit in desirable Cascade Village. Comes furnished and immediately usable! High country fun all summer long. Short term rentals are allowed. Most affordable unit in Cascade village. HOA fee covers snow removal, firewood, building insurance, exterior maintenance, internet and telephone. Family friendly Purgatory ski area just 2 miles away. More than just a ski area Purgatory has loads of summer activities, including mountain biking, a roller coaster, restaurants and hiking. Southwest Colorado magic!

Property Details

Property Features

Property Information:

  • Year Built: 1982
  • Living Area: 375 SqFt

Listing Office:

  • Office Name: The Wells Group of Durango, LLC
  • Listing Agent: Stuart Way

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Other

Directions Information:

  • Directions: North from Durango, Past Purgatory ski resort. Left into cascade village. First right past lodge. First right down the hill, turn right and Park. Use Silverton entrance all the way to the right. Downstairs unit on right side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,000
  • Price Per SqFt: $531/SqFt
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Housing Market Comparison

See how this home compares to others in Durango, CO.

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Durango, CO

City

Med. List Price

$1.0M

Med. Price/SqFt

$469

Avg. Days On Market

111

50827 N 550th Hwy Unit 309 vs Durango

226 DAYS ON ROCKET

+115 Days

$199,000

-$876K Less

$531/SqFt

+$62 More

KEY TAKEAWAY

This property is $876K less than the Median List Price and $62/SqFt more than other homes in Durango, CO.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #812267

Listing Office:

  • Office Name: The Wells Group of Durango, LLC
  • Listing Agent: Stuart Way

IDX SOURCE: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice.

TERMS OF USE: This publication is designed to provide information with regard to the subject matter covered. This listing information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

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COPYRIGHT (2024) by COLORADO REAL ESTATE NETWORK, 121 N PARK AVENUE, SUITE# 4, MONTROSE, CO 81401 USA
ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of Colorado Real Estate Network (CREN).

Real Estate listings held by companies other than this brokerage contain that company's name.

Fair Housing Disclaimer
Equal Housing PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 11:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-513702
5
/10

  • Riverview Elementary School

  • 2900 Mesa Ave

  • 0.45 miles

  • Public District Grades PK-5

school-card-donut-513703
5
/10

  • Needham Elementary School

  • 2425 W 3rd Ave

  • 1.05 miles

  • Public District Grades PK-5

school-card-donut-513704
8
/10

  • Park Elementary School

  • 510 E 6th Ave

  • 2.41 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,701. The majority of Durango, CO residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 50827 N 550th Hwy Unit 309

What is the listing price of this property?

The listing price of 50827 N 550th Hwy Unit 309 property is $199,000.

What type of property is this?

The property 50827 N 550th Hwy Unit 309 is a condo located in Durango, Colorado, 81301.

Is this property for sale now?

Active Listing: 50827 N 550th Hwy Unit 309 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 50827 N 550th Hwy Unit 309 has 1 bathroom..

What is the square footage of this property?

The property 50827 N 550th Hwy Unit 309 is 375 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 50827 N 550th Hwy Unit 309 is 1982.

Rocket Homes›Colorado›La Plata County›Durango›81301›50827 N 550th Hwy Unit 309

This home is located at 50827 N 550th Hwy Unit 309 in Durango, CO and zip code 81301. This 375 square foot home was built in 1982. Features: 1 bathroom. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $199,000.

The number of homes for sale in Durango, CO increased by 28.3% between September 2024 and October 2024. The median list price of listings available in October 2024 was $1,075,000, while the average time on the real estate market was 111 days.

From Rocket Homes Real Estate and based on county public records data.

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