163 Magic Carpet Ln Ridgway, CO 81432
3
Beds
2.5
Baths
2,633
Sq Ft
35.01
Acres
Highlights
- 35.01 Acre Lot
- 1 Irrigated Acre
- Forced Air Heating System
- 2 Car Attached Garage
About This Home
As of November 2021Get 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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,602
Year Built
- Built in 1997
HOA Fees
- $157 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- 2,633 Sq Ft Home
- Stick Built Home
Bedrooms and Bathrooms
- 3 Bedrooms
Schools
- Ridgway K-5 Elementary School
- Ridgway 6-8 Middle School
- Ridgway 9-12 High School
Utilities
- Forced Air Heating System
- Heating System Uses Propane
- Irrigation Water Rights
- Well
- Internet Available
Additional Features
- 35.01 Acre Lot
- 1 Irrigated Acre
Community Details
- Park Estates Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 451710100007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 21, 2024
Sold by
Lawton Donna S and Young Michael P
Bought by
Young Michael P
Current Estimated Value
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
$935,666
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$500,922
Purchase Details
Listed on
Oct 11, 2021
Closed on
Nov 30, 2021
Sold by
Ross James M and Ross Marilyn Jane
Bought by
Young Michael P and Lawton Donna S
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
3.85%
Original Mortgage
$1,000,000
Interest Rate
2.75%
Mortgage Type
New Conventional
Similar Homes in Ridgway, CO
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $146,150 | None Listed On Document | |
| Quit Claim Deed | $146,150 | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $1,250,000 | Land Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $940,062 | New Conventional | |
| Closed | $940,062 | New Conventional | |
| Previous Owner | $1,000,000 | New Conventional | |
| Previous Owner | $938,250 | Credit Line Revolving | |
| Previous Owner | $150,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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: Colorado Real Estate Network (CREN)
Tax History Compared to Growth
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 | $3,608 | $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
-
Seller's Agent in 2021
Anna Wilson
Telluride Properties
(970) 708-7159
64 Total Sales
-
Seller Co-Listing Agent in 2021
Asa Van Gelder
Telluride Properties
(970) 708-1220
169 Total Sales
-
N
Buyer's Agent in 2021
Non MLS Member
Non MLS Member
-
Buyer's Agent in 2021
Sharon Wild
Wild West Realty, LLC
(970) 318-6406
50 Total Sales
Map
Source: Colorado Real Estate Network (CREN)
MLS Number: 787126
APN: R001190
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