NOT LISTED FOR SALE

163 S Lena St Ridgway, CO 81432

Estimated Value: $756,000 - $1,160,000

4 Beds
3 Baths
1,920 Sq Ft
$534/Sq Ft Est. Value

Last Sold November 15, 2022

Last sale price $995,000 $518 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,057/month

3 Days on Market

Highlights

  • RV or Boat Parking
  • Wood Burning Stove
  • 1 Home Office
  • Ridgway Elementary School Rated A-
  • Living Room with Fireplace
  • 3-minute walk to Ridgway Town Park

About This Home

As of November 2022

Don't miss your chance at this rare opportunity in the heart of Ridgway! After an extensive renovation and addition in 2020 this 4 bed 3 bath home now offers expanded options and value like never before. It maintains its historical character in many ways but is now efficiently updated to maximize the use of the space. It's clean, spacious and move-in ready and did I mention the property is zoned Historic Business in the Town of Ridgway! This opens up an extensive list of options as far as potential uses go...Commercial/Business, Residential, Multifamily, Mixed Use, etc. The options are nearly wide open with this highly desirable location and zoning. Additionally, the lot itself still has an abundance of space off the alley on the back side which could allow for an accessory dwelling unit (ADU) or garage/shop/office to fit whatever needs you may have. No need to worry about major capital expenditures either as the plumbing, electrical, roofing, siding, etc are all still in new and updated condition. A property in downtown Ridgway checking this many boxes and in this condition is truly a rare find. Call Today for your private showing before it's gone!

Last Agent to Sell the Property

Aaron Tobler

RE/MAX Alpine View Listed on: 09/29/2022

RE/MAX Alpine View

Last Buyer's Agent

Tate Rogers

Rogers Real Estate Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,432

Year Built

  • Built in 1899 | Remodeled in 2020

Lot Details

  • 6,970 Sq Ft Lot
  • Back Yard Fenced
  • Property is zoned Live/Work, Industrial, Commercial, Mixed-Use

Parking

  • RV or Boat Parking

Home Design

  • Metal Roof
  • Stick Built Home

Interior Spaces

  • 1,920 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Living Room with Fireplace
  • 1 Home Office
  • Basement

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Wood
  • Hot Water Baseboard Heater
  • Tankless Water Heater
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 430516306019

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,432

Year Built

Built in 1899 | Remodeled in 2020

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer
  • Estimated Total Acres: 0.16
  • Class: RESIDENTIAL
  • Em Deposit: 15000
  • Em Holder: Land Title
  • Exterior Inclusions: Shed/Storage
  • Legal Lot Block: SUBD: TOWN OF RIDGWAY LOT: 19 BLOCK: 35 SUBD: TOWN OF RIDGWAY LOT: 20 BLOCK: 35 S: 16 T: 45 R: 8
  • Listed In Other Class: Yes
  • List Price per Sq Ft: 518.23
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 430516306019
  • Price Per Sq Ft: 518.23
  • Real Estate Included: Yes
  • Realist Id: 4305-163-06-019
  • Residence Stories: One Story
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 518.23
  • Street Descriptionaccess: City/Town
  • Zoning: Residential Single Family, Live/Work, Industrial, Commercial, Mixed-Use
  • Type: Stick Built
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: 2,432.18
  • Year Built: 1899
  • Year Renovated: 2020
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Bedrooms: 4
  • Estimated Total Sq Ft: 1920
  • Full Bathrooms: 3
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 3
  • Fireplace Location Type: Living Room, Woodstove
  • Foundation: Basement-dug out
  • Total Office Den: 1

Exterior Features

  • Fence: Fenced - Back
  • Exterior Structures: Shed
  • Roof: Metal

Utilities

  • Utilities: Electric, Natural Gas, Internet, Phone - Cell Reception
  • Electric Supplier: San Miguel Power Association
  • Gas Supplier: Black Hills Energy
  • Heating System: Hot Water Baseboard
  • Sewer Supplier: Town of Ridgway
  • Water Heater: Gas Water Heater, Tankless
  • Water Supplier: Town of Ridgway

Schools

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

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2022
Closed on
Nov 15, 2022
Sold by
Countryman Michaela B
Bought by
163 Ridgway Llc
Seller's Agent
Aaron Tobler
RE/MAX Alpine View
Buyer's Agent
Tate Rogers
Rogers Real Estate Group, LLC
List Price
$995,000
Sold Price
$995,000
Views
4
Current Estimated Value
$1,025,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,755
Avg. Annual Appreciation
2.28%
Original Mortgage
$600,000
Outstanding Balance
$584,336
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$472,604

Purchase Details

Closed on
May 21, 2020
Sold by
Silver Jack Holdings Llc
Bought by
Countryman Michaela B

Purchase Details

Closed on
Jul 21, 2017
Sold by
Algs Real Estate Holdings Llc
Bought by
Silver Jack Holdings Llc

Purchase Details

Closed on
Jan 25, 2013
Sold by
Fannie Mae
Bought by
Algs Real Estate Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
3.57%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 2, 2012
Sold by
Patterson David
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
163 Ridgway Llc $995,000 Land Title Guarantee
Countryman Michaela B -- Land Title Guarantee Co
Silver Jack Holdings Llc $275,000 Land Title Guarantee Company
Algs Real Estate Holdings Llc $123,000 None Available
Federal National Mortgage Association -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 163 Ridgway Llc $600,000
Previous Owner Countryman Michaela B $50,000
Previous Owner Countryman Michaela B $235,000
Previous Owner Countryman Michaela B $50,000
Previous Owner Silver Jack Holdings Llc $50,000
Previous Owner Algs Real Estate Holdings Llc $35,000
Previous Owner Patterson David $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2022 11/15/22 Sold $995,000 0.0% $518 / Sq Ft
10/02/2022 10/02/22 Pending -- -- --
09/29/2022 09/29/22 For Sale $995,000 -- $518 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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 $4,514 $70,820 $10,200 $60,620
2023 $4,514 $74,210 $10,690 $63,520
2022 $2,568 $37,660 $7,210 $30,450
2021 $2,432 $38,740 $7,420 $31,320
2020 $1,261 $21,750 $7,490 $14,260
2019 $1,261 $21,750 $7,490 $14,260
2018 $1,043 $17,340 $9,330 $8,010
2017 $1,027 $17,340 $9,330 $8,010
2016 $1,283 $21,010 $14,580 $6,430
2015 -- $21,010 $14,580 $6,430
2012 -- $19,120 $10,750 $8,370
Source: Public Records

Agents Affiliated with this Home

  • Aaron Tobler

    Seller's Agent in 2022

    Aaron Tobler

    RE/MAX

    (970) 249-6658

    237 Total Sales

    Aaron Tobler
    Section Image
  • Tate Rogers

    Buyer's Agent in 2022

    Tate Rogers

    Rogers Real Estate Group, LLC

    (970) 729-2366

    96 Total Sales

    Tate Rogers
    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 798609

Colorado Real Estate Network (CREN)

APN: R000007

Colorado Ouray County Ridgway 81432

163 S Lena St, Ridgway, CO

This home is located at 163 S Lena St, Ridgway, CO 81432 since 29 September 2022 and is currently estimated at $1,025,755, approximately $534 per square foot. This property was built in 1899. 163 S Lena St is a home located in Ouray County with nearby schools including Ridgway Elementary School, Ridgway Middle School, and Ridgway High School.

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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