NOT LISTED FOR SALE

131 Citadel Dr Ridgway, CO 81432

Estimated Value: $1,425,893 - $2,191,000

2 Beds
2 Baths
1,800 Sq Ft
$954/Sq Ft Est. Value

Sale Details

Date Sold: August 28, 2023

Last sale price $1,395,000 $775 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $9,613 / mo

106 Days on Market

Highlights

  • Barn
  • Arena
  • 55.9 Acre Lot
  • Ouray Middle School Rated A-
  • RV or Boat Parking
  • Mountain View

About This Home

As of August 2023

Absolutely beautiful property located in Ridgeway Colorado which is between Ouray and Montrose. The Bar C Ranch is an historic property that was originally an Arabian horse farm with a 24 stall barn with heated stalls. In the 80's it had a dinner show in the steel frame building for entertainment in the summer. It has a separate bunk house with a garage. There are plenty of options to make this 55.9 acres majestic piece of property. Build a beautiful new home and make it what you want. Their are senior water rights from Hosner Brownyard Ditch with additional water rights from the Cutler Creek ditch.

Last Agent to Sell the Property

James Wanzeck

RE/MAX Masters Millenium Listed on: 03/16/2023

RE/MAX Masters Millenium

Last Buyer's Agent

Chase Girard

M4 Ranch Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,400

Year Built

  • Built in 1980

Lot Details

  • 55.9 Acre Lot
  • Cross Fenced
  • Partially Fenced Property
  • Irrigation
  • Property is zoned Mixed-Use

Property Views

  • Mountain
  • Valley

Home Design

  • Metal Roof
  • Wood Siding
  • Metal Construction or Metal Frame
  • Stick Built Home

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Open Floorplan
  • Partially Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven or Range
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • RV or Boat Parking

Outdoor Features

  • Patio
  • Shed

Schools

  • Ridgway K-5 Elementary School
  • Ridgway 6-8 Middle School
  • Ridgway 9-12 High School

Farming

  • Barn
  • Cattle
  • Hogs
  • Sheep or Goats

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Arena

Utilities

  • Baseboard Heating
  • Heating System Powered By Owned Propane
  • Heating System Uses Propane
  • Water Heater
  • Engineered Septic
  • Septic Tank
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 451711113002

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,400

Year Built

Built in 1980

Lot Details

55.9 Acres

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Microwave
  • Estimated Total Acres: 55.9
  • Class: RESIDENTIAL
  • Em Deposit: 25000
  • Em Holder: RE/MAX Masters Millennium
  • Exterior Inclusions: Shed/Storage, Irrigation Water, Patio
  • Horse Setup: Yes
  • Legal Lot Block: SEE EXHIBIT A
  • Livestock Allowed: Cattle, Horses, Poultry, Sheep, Swine
  • Parcel Id Number: 451711113002
  • Price Per Sq Ft: 775
  • Real Estate Included: Yes
  • Residence Stories: Two Story
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Wood
  • Sold Price Sq Ft: 775
  • Street Descriptionaccess: State Highway, 100'-150' Frontage
  • Street Designation: Drive
  • Tax Account Id: R004912
  • Zoning: Residential Single Family, Mixed-Use
  • Type: Stick Built
  • Internet Service: Yes
  • Total Taxes Dollar: 4400.08
  • Year Built: 1980
  • Foreign Owned Y N: No
  • Prop Description Remarks: Absolutely beautiful property located in Ridgeway Colorado which is between Ouray and Montrose. The Bar C Ranch is an historic property that was originally an Arabian horse farm with a 24 stall barn with heated stalls. In the 80's it had a dinner show in the steel frame building for entertainment in the summer. It has a separate bunk house with a garage. There are plenty of options to make this 55.9 acres majestic piece of property. Build a beautiful new home and make it what you want. Their are senior water rights from Hosner Brownyard Ditch with additional water rights from the Cutler Creek ditch.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Kitchen/Dining, Eat-in Kitchen, Breakfast Nook, Living Room Dining
  • Bedrooms: 2
  • Flooring: Carpet-Partial, Vinyl
  • Estimated Total Sq Ft: 1800
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Fireplace Location Type: Living Room
  • Foundation: Basement-partial finish
  • Main Level Sq Ft: 18800
  • Master Bedroom Level: Upper Level
  • Total Office Den: 0

Exterior Features

  • Fence: Cross Fence, Partial Property
  • Construction Type: Metal Frame, Wood
  • Exterior Structures: Arena, Barn, Garage, Metal Building
  • Roof: Metal
  • Views: Mountains, Valley

Garage/Parking

  • Garage Type: Detached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Electric, Propane-Tank Owned, Phone - Cell Reception
  • Electric Supplier: San Miguel Power Association
  • Gas Supplier: Propane
  • Heating System: Electric Baseboard, Fireplace
  • Sewer Supplier: Septic
  • Water Heater: Electric Water Heater
  • Water Supplier: Tri-County Water Conservancy

Schools

  • High School: Ridgway 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

MLS Schools

  • Elementary School: Ridgway K-5
  • Middle School: Ridgway 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
Aug 28, 2023
Sold by
Alpenrose Farms Llc
Bought by
Patrick Vernola Seperate Property Trust
Seller's Agent
James Wanzeck
RE/MAX Masters Millenium
Buyer's Agent
Chase Girard
M4 Ranch Group, LLC
List Price
$1,500,000
Sold Price
$1,395,000
Premium/Discount to List
-$105,000
-7%
Views
46
Current Estimated Value
$1,716,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,473
Avg. Annual Appreciation
8.34%

Purchase Details

Listed on
Aug 25, 2020
Closed on
Jul 9, 2021
Sold by
Ridgway Consulting Group
Bought by
Alpenrose Farms Llc
Seller's Agent
Tim Currin
Ouray Brokers
Buyer's Agent
Peggy Lindsey
Ouray Real Estate Corporation
List Price
$1,749,000
Sold Price
$1,625,000
Premium/Discount to List
-$124,000
-7.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.88%
Original Mortgage
$625,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Aug 25, 2020
Closed on
Jul 1, 2021
Sold by
Tag Capital Consulting Llc
Bought by
Ridgeway Consulting Group
Seller's Agent
Tim Currin
Ouray Brokers
Buyer's Agent
Peggy Lindsey
Ouray Real Estate Corporation
List Price
$1,749,000
Sold Price
$1,625,000
Premium/Discount to List
-$124,000
-7.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 20, 2020
Sold by
Jhl And Company Llc
Bought by
Ridgeway Coviurine Group

Purchase Details

Closed on
Nov 30, 2017
Sold by
Christensen David V and Christensen Dixie A
Bought by
Jhland Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
3.88%
Mortgage Type
New Conventional
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
Patrick Vernola Seperate Property Trust $1,395,000 Land Title Guarantee
Patrick Vernola Seperate Property Trust -- None Listed On Document
Alpenrose Farms Llc $1,625,000 Land Title Guarantee
Alpenrose Farms Llc -- None Listed On Document
Ridgeway Consulting Group -- None Available
Ridgeway Coviurine Group -- None Available
Jhland Company Llc -- Land Title Guarantee Co
Jhland Company Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alpenrose Farms Llc $625,000
Previous Owner Jhland Company Llc $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2023 08/28/23 Sold $1,395,000 -7.0% $775 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $1,500,000 0.0% $833 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $1,500,000 0.0% $833 / Sq Ft
04/12/2023 04/12/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $1,500,000 -7.7% $833 / Sq Ft
07/09/2021 07/09/21 Sold $1,625,000 -7.1% $903 / Sq Ft View Prior Sale
03/04/2021 03/04/21 Pending -- -- --
08/25/2020 08/25/20 For Sale $1,749,000 -- $972 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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
2025 $6,143 $103,080 $47,080 $56,000
2024 $6,143 $112,140 $64,080 $48,060
2023 $6,191 $115,930 $66,250 $49,680
2022 $4,400 $78,580 $1,280 $77,300
2021 $4,486 $87,230 $1,410 $85,820
2020 $3,371 $66,420 $1,390 $65,030
2019 $3,371 $65,950 $920 $65,030
2018 $2,255 $43,160 $990 $42,170
2017 $2,231 $93,800 $990 $92,810
2016 $2,227 $47,930 $880 $47,050
2015 -- $47,930 $880 $47,050
2012 -- $60,440 $18,260 $42,180
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    James Wanzeck

    RE/MAX Masters Millenium

    Section Image
  • Chase Girard

    Buyer's Agent in 2023

    Chase Girard

    M4 Ranch Group, LLC

    (970) 729-2399

    167 Total Sales

    Chase Girard
    Section Image
  • Tim Currin

    Seller's Agent in 2021

    Tim Currin

    Ouray Brokers

    (970) 389-0002

    44 Total Sales

    Tim Currin
    Section Image
  • Deb Currin

    Seller Co-Listing Agent in 2021

    Deb Currin

    Ouray Brokers

    (970) 389-0231

    16 Total Sales

    Deb Currin
    Section Image
  • Peggy Lindsey

    Buyer's Agent in 2021

    Peggy Lindsey

    Ouray Real Estate Corporation

    (970) 596-1219

    86 Total Sales

    Peggy Lindsey
    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 801644

Colorado Real Estate Network (CREN)

APN: R004912

Colorado Ouray County Ridgway 81432

131 Citadel Dr, Ridgway, CO

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Colorado Real Estate Network (CREN) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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