NOT LISTED FOR SALE

111 N Silver St Rico, CO 81332

Estimated Value: $346,000 - $698,000

3 Beds
2 Baths
1,656 Sq Ft
$313/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $260,000 $157 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,799/month

Highlights

  • Spa
  • Forced Air Heating System
  • Wood Siding
  • Separate Outdoor Workshop
  • Green Energy Fireplace or Wood Stove

About This Home

As of September 2020

Located in heart of Rico's Historic District, This 3 bed 2 bath home has not been on the market since 1971. Enjoy both front and back entrances with a garage and alley parking. A large wrap around deck and big landscaped back yard will give you a front row seat to the beautiful aspen covered mountains around Rico. Sit around a centrally located, retro designed wood stove on cold nights in the very large remodeled living room with large cathedral vaulted ceilings. A large workshop on the bottom floor offer's lot's of space to get things done and entertain guests. Rico is now on the map for an affordable alternative to alpine living in the western San Juan Mountains. Come get your stake today.

Last Agent to Sell the Property

Frank Strachan

Telluride Real Estate Corp License #FA100065195 Listed on: 07/27/2020

Co-Listed By

Steven Catsman

Telluride Properties Main St. License #FA830405

Last Buyer's Agent

DONNA KYLE

Telluride Real Estate Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $978

Year Built

  • Built in 1892

Lot Details

  • 4,792

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,656 Sq Ft Home
  • Partially Furnished
  • Crawl Space

Kitchen

  • Gas Oven or Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • On-Street Parking

Outdoor Features

  • Spa
  • Separate Outdoor Workshop

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Propane

Additional Features

  • Green Energy Fireplace or Wood Stove
  • Property is zoned Historic Residential

Community Details

  • Atlantic Cable Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$978

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Directions: Coming from Telluride. Turn east (left) on Soda st. Proceed up to Silver st. Take a left and house is half block on left.
  • Listing Member Name: Frank Strachan
  • Listing Office Short Id: TREC DNTN
  • Major Area: 80
  • Prop. Type: Residential
  • Selling Member Short Id: 24
  • Selling Office Short Id: cimprops
  • Home Age: 40+ Years
  • Deed Restrict: None
  • FILLSUBDIVISION: Atlantic Cable
  • Property Sub Type: Within Township/City Limits
  • Year Built: 1892
  • Building Style: Other
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Gas Oven/Range, Refrigerator, Washer
  • EstFinishedSqFt: 1656.00
  • Source Sq Ft: Assessor
  • Disability Access: City
  • Lower Floor 1 Bedrooms: 3
  • Furnished: Partial

Exterior Features

  • Exterior Construction: Frame
  • Disclosures: None
  • Exterior Finish: Wood (Natural)
  • Lot Number: 15,16
  • Roof: Metal
  • Water Extras: Hot Tub, Work Shop
  • Substructure: Crawl Space

Garage/Parking

  • Covered Parking: 1 Car
  • OpenAreaParking: 2 Car, On Street Only
  • Parking: 1 Car

Utilities

  • Electric: Power Company
  • Gas Company: Propane Services
  • Hot Water: Public
  • Heating: Forced Air, Gas, Wood Stove

Fee Information

  • Taxes: 978.00

Lot Info

  • Zoning: Historic Residential
  • Lofts: None

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2020
Closed on
Sep 3, 2020
Sold by
Curran Family Trust
Bought by
Big Dubs Ventures Llc
Seller's Agent
Frank Strachan
Telluride Real Estate Corp
Buyer's Agent
DONNA KYLE
Telluride Real Estate Corp
Sold Price
$260,000
Current Estimated Value
$518,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,189
Avg. Annual Appreciation
13.90%

Purchase Details

Closed on
Feb 28, 1996
Bought by
Curran Family Trust No Jmc-1
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Big Dubs Ventures Llc $250,000 None Available
Curran Family Trust No Jmc-1 -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2020 09/15/20 Sold $260,000 -- $157 / Sq Ft
07/27/2020 07/27/20 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 $1,081 $14,529 $3,750 $10,779
2023 $1,152 $16,328 $4,020 $12,308
2022 $918 $10,562 $2,780 $7,782
2021 $839 $10,865 $2,860 $8,005
2020 $385 $10,209 $2,860 $7,349
2019 $0 $11,250 $3,184 $8,066
2018 $293 $11,156 $3,184 $7,972
2017 $303 $8,601 $3,184 $5,417
2016 $297 $7,639 $3,184 $4,455
2015 -- $7,639 $3,184 $4,455
2014 -- $97,774 $40,000 $57,774
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2020

    Frank Strachan

    Telluride Real Estate Corp

  • S

    Seller Co-Listing Agent in 2020

    Steven Catsman

    Telluride Properties Main St.

  • D

    Buyer's Agent in 2020

    DONNA KYLE

    Telluride Real Estate Corp

  • D

    Buyer's Agent in 2020

    Donna Veale

    Cimarron Properties, LLC

    (970) 708-1535

    23 Total Sales

    Donna Veale
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Map

Source: Telluride Association of REALTORS®

MLS Number: 37445

Telluride Association of REALTORS®

APN: 504736203006

Colorado Dolores County Rico 81320

111 N Silver St, Rico, CO

Not Listed for Sale

Detached

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