NOT LISTED FOR SALE

163 Magic Carpet Ln Ridgway, CO 81432

Estimated Value: $1,203,000 - $1,661,000

3 Beds
2.5 Baths
2,633 Sq Ft
$515/Sq Ft Est. Value

Sale Details

Date Sold: November 30, 2021

Last sale price $1,250,000 $475 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,826 / mo

Highlights

  • Solar Power System
  • 35.01 Acre Lot
  • Outdoor Water Feature
  • Ouray Middle School Rated A-
  • Dumbwaiter
  • Patio

About This Home

As of November 2021

Get whisked away to your own magical mountain paradise! This 3-bedroom (plus flex/office) home was custom-designed by the owners to be ''greener than green'' & provide clean & energy efficient living while highlighting the stunning valley views that span from Grand Mesa to Mt. Abrams. Soaring ceilings & floor-to-ceiling windows accentuate the living space in this reverse-floorplan layout, while the lower-level bedrooms have walk-outs to a patio & small pond. This meticulously-maintained home is situated in a gated community with year-round access & is a short drive to Ouray & Ridgway. Conveniently located near every outdoor activity imaginable, two hot spring resorts, & the Telluride & Silverton Ski Resorts. Plus, you can take in the sights on the epic Million Dollar Highway along the way

Last Agent to Sell the Property

Anna Wilson

Telluride Properties License #EA100077988 Listed on: 10/11/2021

Co-Listed By

Asa Van Gelder

Telluride Properties License #FA100001907

Last Buyer's Agent

Non MLS Member

Non MLS Member

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,970

Year Built

  • Built in 1997

Lot Details

  • 35.01 Acre Lot
  • Gated Home

HOA Fees

  • $115 Monthly HOA Fees

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,633 Sq Ft Home
  • Central Vacuum
  • Home Security System

Kitchen

  • Dumbwaiter
  • Electric Oven or Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

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

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Patio
  • Outdoor Water Feature

Utilities

  • Forced Air Heating System
  • Propane
  • Well
  • Water Softener

Community Details

  • Association fees include snow removal, water
  • Park Estates Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,970

Year Built

Built in 1997

Lot Details

35.01 Acres

HOA Fees

$115 per month

Listing Details

  • Directions: Highway 550 to County Road 23. Left on Mary's Road (just past the KOA). Right on Suzanne Lane. Veer left on to County Road 17. Turn right on Elk Ridge Trail. Continue up the switchbacks and pass through the locked gate (contact us for code). Take a right on Magic Carpet Lane (first right) and the house is the second on the right.
  • Listing Member Name: Anna Wilson
  • Listing Office Short Id: TPROPOAKST
  • Major Area: 70
  • Estimated Number of Acres: 35.01
  • Prop. Type: Residential
  • Selling Member Short Id: nonmem1
  • Selling Office Short Id: Nonmem
  • Home Age: 21 - 40 Years
  • Deed Restrict: None
  • FILLSUBDIVISION: Park Estates
  • Property Sub Type: County Over 35 Acres
  • Year Built: 1997
  • Building Style: Other
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Elec Oven/Range, Freezer, Refrigerator, Washer, Water Softener
  • EstFinishedSqFt: 2633.00
  • Lower Floor 1 Half Bathrooms: 1
  • Source Sq Ft: Assessor
  • Disability Access: Gravel, Private
  • Lower Floor 1 Bedrooms: 3
  • Furnished: None

Exterior Features

  • Exterior Construction: Frame
  • Disclosures: Covenants
  • Lot Number: 7
  • Roof: Metal
  • View: Valley views
  • Deck Sq Ft: 785.00
  • Water Extras: Central Vac, Dumb Waiter, Garage Door Opener, Gated, Patio/Deck, Security System, Water Feature

Garage/Parking

  • Covered Parking: 2 Car, Heated
  • OpenAreaParking: 3 Car +
  • Parking: 2 Car Garage
  • Additional Structure Garage Sq Ft: 773.00

Utilities

  • Electric: Power Company, Solar
  • Gas Company: Propane Tanks
  • Hot Water: Other, Well
  • Heating: Forced Air

Condo/Co-op/Association

  • HOA Fees: 1384.92
  • HOA Amenities: Dogs Permitted
  • HOA Fees Includes: Other, Snow Removal, Water

Fee Information

  • PaymentPer: Year
  • Taxes: 1970.40

Lot Info

  • Irrigation: Yes
  • Zoning: Residential
  • Lofts: None

Tax Info

  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2024
Sold by
Bought by
Current Estimated Value
$1,354,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,062
Outstanding Balance
$921,758
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$433,001

Purchase Details

Listed on
Oct 11, 2021
Closed on
Nov 30, 2021
Sold by
Bought by
Seller's Agent
Anna Wilson
Telluride Properties
Buyer's Agent
Non MLS Member
Non MLS Member
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.71%
Original Mortgage
$1,000,000
Interest Rate
2.75%
Mortgage Type
New Conventional
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$146,150 None Listed On Document
$1,250,000 Land Title
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $940,062
Previous Owner $1,000,000
Previous Owner $938,250
Previous Owner $150,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2021 11/30/21 Sold $1,250,000 0.0% $475 / Sq Ft
11/30/2021 11/30/21 Sold $1,250,000 0.0% $475 / Sq Ft View Prior Sale
10/11/2021 10/11/21 Pending -- -- --
10/11/2021 10/11/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $1,250,000 -- $475 / Sq Ft
Source: Telluride Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,348 $56,200 $14,340 $41,860
2024 $3,348 $65,360 $14,540 $50,820
2023 $3,608 $68,700 $15,270 $53,430
2022 $3,201 $57,170 $10,380 $46,790
2021 $2,091 $47,800 $10,690 $37,110
2020 $1,578 $38,240 $9,950 $28,290
2019 $1,578 $38,240 $9,950 $28,290
2018 $1,408 $34,160 $9,260 $24,900
2017 $1,393 $34,160 $9,260 $24,900
2016 $1,400 $38,090 $6,220 $31,870
2015 -- $38,090 $6,220 $31,870
2012 -- $39,330 $10,160 $29,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Telluride Association of REALTORS®

MLS Number: 39992

Telluride Association of REALTORS®

APN: R001190

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