NOT LISTED FOR SALE

11 S Commercial St Rico, CO 81332

Estimated Value: $216,000 - $670,000

2 Beds
1 Bath
901 Sq Ft
$465/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $160,000 $178 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $2,319/month

About This Home

As of August 2020

One of the least expensive homes in the incredible mountain town of Rico, Colorado!!! 30 minutes to the world renown Town of Telluride and Telluride Ski Resort. This charming home is located in the center of the town of Rico, yet comfortably set 1 block from the action of Main Street. Walking distance to restaurants and shops. The home has 2 bedrooms, 1 bath and a very comfortable living area. In addition, there is a highly coveted detached garage to house all of your gear! Rico has become a highly sought after locale known for its amazing outdoor lifestyle. Rico has world class back country skiing, mountain biking, hiking, fishing and hunting. Check this very affordable home in the heart of the San Juan Mountains!!!

Last Agent to Sell the Property

Aric Maloy

Telluride Properties License #FA100012746 Listed on: 08/05/2020

Co-Listed By

Adam Black

Telluride Properties License #FA40047967

Last Buyer's Agent

Aric Maloy

Telluride360 Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $800

Year Built

  • Built in 1903

Lot Details

  • 2,178 Sq Ft Lot

Home Design

  • 901 Sq Ft Home
  • Victorian Architecture
  • Slab Foundation
  • Frame Construction
  • Metal Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 3 Open Parking Spaces
  • 1 Car Garage

Utilities

  • Forced Air Heating System
  • Propane

Home Details

Home Type

Single Family

Est. Annual Taxes

$800

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Directions: 145 to Rico left on Mantz, right on Commercial, house is 4th on right.
  • Listing Member Name: Aric Maloy
  • Listing Office Short Id: TPROPOAKST
  • Major Area: 80
  • Estimated Number of Acres: 0.05
  • Open House Office I D: 20081028201314033475000000
  • Prop. Type: Residential
  • Selling Member Short Id: 578
  • Selling Office Short Id: TPROPOAKST
  • Home Age: 40+ Years
  • Deed Restrict: None
  • FILLSUBDIVISION: None
  • Property Sub Type: Within Township/City Limits
  • Year Built: 1903
  • Building Style: Victorian
  • Special Features: None

Interior Features

  • EstFinishedSqFt: 901.00
  • Source Sq Ft: Assessor
  • Lower Floor 1 Bedrooms: 2

Exterior Features

  • Exterior Construction: Frame
  • Disclosures: None
  • Lot Number: 6
  • Roof: Metal
  • Substructure: Slab

Garage/Parking

  • OpenAreaParking: 3 Car +
  • Parking: 1 Car Garage

Utilities

  • Electric: Power Company
  • Gas Company: Propane Tanks
  • Hot Water: Public
  • Heating: Forced Air

Fee Information

  • Taxes: 800.00

Lot Info

  • Zoning: Residential
  • Lofts: None

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2021
Sold by
Crutchfield Rochelle
Bought by
Harbar Justin L
Current Estimated Value
$418,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Outstanding Balance
$150,575
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 5, 2020
Closed on
Aug 27, 2020
Sold by
Bailey Jeremy
Bought by
Crutchfield Ruchelle
Seller's Agent
Aric Maloy
Telluride Properties
Buyer's Agent
Aric Maloy
Telluride360 Real Estate
Sold Price
$160,000

Purchase Details

Closed on
May 3, 2016
Sold by
Frownfelter William C
Bought by
Bailey Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,601
Interest Rate
3.71%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Harbar Justin L $225,000 None Available
Crutchfield Ruchelle $160,000 Colorado Escrow & Title
Bailey Jeremy $92,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harbar Justin L $165,000
Previous Owner Bailey Jeremy $94,601
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2020 08/27/20 Sold $160,000 -- $178 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
Source: Telluride Association of REALTORS®

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 $1,051 $14,278 $1,250 $13,028
2023 $1,120 $15,977 $1,340 $14,637
2022 $1,255 $14,438 $1,390 $13,048
2021 $521 $6,747 $1,430 $5,317
2020 $480 $6,308 $1,430 $4,878
2019 $0 $7,023 $1,592 $5,431
2018 $447 $7,023 $1,592 $5,431
2017 $462 $6,555 $1,592 $4,963
2016 $443 $5,690 $1,592 $4,098
2015 -- $5,690 $1,592 $4,098
2014 -- $73,106 $20,000 $53,106
Source: Public Records

Agents Affiliated with this Home

  • Aric Maloy

    Seller's Agent in 2020

    Aric Maloy

    Telluride Properties

    (970) 729-3400

    149 Total Sales

    Aric Maloy
    Section Image
  • Adam Black

    Seller Co-Listing Agent in 2020

    Adam Black

    Telluride Properties

    (970) 729-0568

    147 Total Sales

    Adam Black
    Section Image
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Map

Source: Telluride Association of REALTORS®

MLS Number: 37584

Telluride Association of REALTORS®

APN: 504736218014

Colorado Dolores County Rico 81320

11 S Commercial St, Rico, CO

This home is located at 11 S Commercial St, Rico, CO 81332 since 05 August 2020 and is currently estimated at $418,604, approximately $464 per square foot. This property was built in 1903. 11 S Commercial St is a home located in Dolores County with nearby schools including Seventh Street Elementary School and Dove Creek High School.

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