$580,000
SOLD OCT 21, 2019

137 N River St Rico, CO 81332

4 Beds
3 Baths
2,376 Sq Ft
1.43 Acres

Recently Sold

$244 Per Sq Ft

Highlights

  • Guest House
  • Loft
  • Forced Air Heating System
  • Ranch Style House
  • Patio
  • Green Energy Fireplace or Wood Stove

About This Home

As of November 2021

The Rico River Ranch, located in the heart of the Town of Rico, is walking distance to downtown amenities and abundant nature trails. Located riverside on one the southwest's best kept secrets for fly fishing - The Dolores River. Situated at the end of the road, provides this four bedroom mountain residence, privacy and spectacular views of the surrounding mountain peaks. The main house, with expansive wrap around deck, possesses a two story wood burning fireplace in the great room with open floor plan to entertain family and guests. Two bedrooms and one full bathroom, mud and laundry / utility rooms compliment the main living level. The second level contains a loft den / family game room with master bedroom, full bathroom with private deck overlooking the river.

Last Agent to Sell the Property

Chris Sommers

Telluride Properties Main St. License #FA40031239 Listed on: 09/06/2019

Co-Listed By

Frank Strachan

Telluride Real Estate Corp License #FA100065195

Last Buyer's Agent

Maggie Martin

TELLURIDE SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,626

Year Built

  • Built in 1995

Home Design

  • Ranch Style House
  • Slab Foundation
  • Poured Concrete
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,376 Sq Ft Home
  • Partially Furnished
  • Wood Burning Fireplace
  • Window Treatments
  • Loft
  • Game Room

Kitchen

  • Gas Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • 3 Open Parking Spaces
  • Garage Door Opener

Utilities

  • Forced Air Heating System
  • Propane

Additional Features

  • Green Energy Fireplace or Wood Stove
  • Patio
  • 1.43 Acre Lot
  • Guest House

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,626

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Directions: South on N. Glasgow Ave., West on W. Soda St., North on N. River St.
  • Listing Member Name: Chris Sommers
  • Listing Office Short Id: 3737
  • Major Area: 80
  • Estimated Number of Acres: 1.43
  • Open House Office I D: 20240605205840903266000000
  • Prop. Type: Residential
  • Selling Member Short Id: maggiem
  • Selling Office Short Id: LIVSIR
  • Home Age: 21 - 40 Years
  • Deed Restrict: None
  • FILLSUBDIVISION: None
  • Property Sub Type: Within Township/City Limits
  • Year Built: 1995
  • Building Style: Ranch
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Gas Oven/Range, Microwave, Refrigerator, Trash Compactor, Washer
  • EstFinishedSqFt: 2376.00
  • Source Sq Ft: Assessor
  • Disability Access: City, Gravel
  • Lower Floor 1 Bedrooms: 4
  • Fireplace: 1, Wood Burning
  • Furnished: Partial

Exterior Features

  • Exterior Construction: Frame, Poured Concrete
  • Disclosures: Flood Ins Required
  • Exterior Finish: Wood (Painted)
  • Lot Number: 1-3, 38-41
  • Roof: Metal
  • View: Dolores River
  • Water Extras: Game Room, Garage Door Opener, Guest House, Patio/Deck, Window Coverings
  • Substructure: Slab

Garage/Parking

  • Covered Parking: 2 Car, Heated
  • OpenAreaParking: 3 Car +
  • Parking: 2 Car Garage

Utilities

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

Fee Information

  • Taxes: 2626.06

Lot Info

  • Zoning: Residential
  • Lofts: One

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Nov 5, 2021
Sold by
Kato Lindsey and Miles Dustin
Bought by
Kelly Nicholas G and Kelly Catherine G
Seller's Agent
Margaret (Maggie Martin
Telluride Properties
Buyer's Agent
Ryan Yaseen
Coldwell Banker Distinctive Properties-Telluride
Sold Price
$1,075,000
Current Estimated Value
$1,107,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,008
Avg. Annual Appreciation
1.13%
Original Mortgage
$860,000
Outstanding Balance
$794,832
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$326,593

Purchase Details

Listed on
Sep 6, 2019
Closed on
Oct 21, 2019
Sold by
Groninger Lori Patrice and Groninger John Gehret
Bought by
Kato Lindsey and Miles Dustin
Seller's Agent
Chris Sommers
Telluride Properties Main St.
Buyer's Agent
Maggie Martin
TELLURIDE SOTHEBY'S INTERNATIONAL REALTY
Sold Price
$580,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.12%
Original Mortgage
$420,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 25, 2015
Closed on
Dec 30, 2015
Sold by
Lackey Robert P and Lackey Phyllis A
Bought by
Groninger John Gehret and Groninger Lori Patrice
Seller's Agent
Sally Courtney
Telluride Sotheby's International Realty
Buyer's Agent
Donna Veale
Cimarron Properties, LLC
Sold Price
$553,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.24%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,075,000 None Available
Warranty Deed $580,000 Abstract And Title & Co
Warranty Deed $553,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $860,000 New Conventional
Previous Owner $419,000 New Conventional
Previous Owner $420,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2021 11/08/21 Sold $1,075,000 +85.3% $452 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
10/21/2019 10/21/19 Sold $580,000 +4.8% $244 / Sq Ft
09/06/2019 09/06/19 Pending -- -- --
01/07/2016 01/07/16 Sold $553,500 -- $256 / Sq Ft
11/25/2015 11/25/15 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 $5,538 $60,629 $12,513 $48,116
2023 $5,901 $68,460 $13,413 $55,047
2022 $3,560 $49,032 $7,155 $41,877
2021 $3,254 $50,442 $7,361 $43,081
2020 $2,917 $39,569 $7,361 $32,208
2019 $0 $42,644 $8,196 $34,448
2018 $2,626 $42,644 $8,196 $34,448
2017 $2,716 $38,491 $6,830 $31,661
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Telluride Association of REALTORS®

MLS Number: 36796

Telluride Association of REALTORS®

APN: 504726402007