NOT LISTED FOR SALE

173 Ridge Way Fairplay, CO 80440

Estimated Value: $402,000 - $851,000

2 Beds
2 Baths
1,780 Sq Ft
$343/Sq Ft Est. Value

Last Sold June 13, 2024

Last sale price $719,500 $404 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $3,337/month

19 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Open Floorplan
  • Sauna
  • 5 Acre Lot
  • Mountain View

About This Home

As of June 2024

Mountain Rustic charm on 5 very private acres! The casual yet elegant design flows from the updated log cabin to the fantastic 2021 addition. The open floor plan showcases log beams, wood floors & inviting spaces. Curl up in a chair next to the wood burning fireplace in the main great room, or flip a switch in the den to crank up the gas fireplace. Enjoy home cooked meals in the large dining area or out on the view-filled deck. The primary bedroom is a sanctuary in itself... tucked away above the den with its own balcony, large walk in closet & private bath. On the other side of the house, above the kitchen & the 2nd bathroom/laundry room, is the charming loft bedroom which highlights the unique feel & distinct style of the original log cabin design. For overflow sleeping there's a cozy bunkhouse outside, just a few steps from the front door! The backyard studio with attached greenhouse offers a place to develop your gardening skills or use as a quiet nook for work or projects. There's plenty of storage space for you in the barn and the shed, too! This spectacular 5 acre parcel offers easy access, close proximity to Hwy 9, snowcapped mountain views, healthy forested land with trails & space to wander, and all of the peace and quiet you are looking for. All of this, and just 20 miles from all of the activities in nearby Breckenridge. No matter how you spend your time in the mountains, you'll get to start your days with a sit in the sauna, and end your nights with a soak under the stars in the hot tub. There's nothing better than this!

Last Agent to Sell the Property

Amy Caniglia

Caniglia Real Estate Group Llc Brokerage Email: amy@canigliagroup.com,719-836-2766 License #40016488 Listed on: 04/23/2024

Last Buyer's Agent

Karen Starkey

West and Main Homes Inc License #100088647

West and Main Homes Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,492

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • 5 Acre Lot
  • Property fronts a private road
  • Dirt Road
  • Cul-De-Sac
  • Dog Run
  • Year Round Access
  • Partially Fenced Property
  • Secluded Lot
  • Many Trees
  • Private Yard

Parking

  • 10 Parking Spaces

Home Design

  • Frame Construction
  • Log Siding
  • Cedar

Interior Spaces

  • 1,780 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Gas Log Fireplace
  • Great Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Den
  • Sauna
  • Range
  • Mountain Views

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Balcony
  • Deck
  • Patio
  • Fire Pit

Schools

  • Edith Teter Elementary School
  • South Park Middle School
  • South Park High School

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Baseboard Heating
  • Propane
  • Well
  • Tankless Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Ridgedale Park Subdivision

Listing and Financial Details

  • Exclusions: Personal property of seller
  • Assessor Parcel Number 10585

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,492

Year Built

Built in 1974 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Rustic
  • Structure Type: House
  • Levels: Two
  • Year Built: 1974
  • Above Grade Finished Sq Ft: 1780
  • Current Use: Live/Work
  • Exclusions: Personal property of seller
  • Living Area: 1780
  • Pets Allowed: Yes
  • Property Condition: Updated/Remodeled
  • Directions: From Alma, Hwy 9 South. Right on CR 14. First Left on Platte Drive. Next Right on Ridge Road. Left on Ridge Way. #173 is at the end of the cul de sac. The driveway goes up and to the right. There is plenty of room to turn around at the house.
  • SubdivisionName: Ridgedale Park
  • Ownership: Individual
  • Property Attached Yn: No
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 1
  • REC_UpperLevelBedrooms: 2
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 1.00000
  • Special Features: None

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Tankless Water Heater, Washer
  • Fireplaces: 2
  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Primary Suite, Sauna, Hot Tub, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Vinyl, Wood
  • Fireplace Features: Gas Log, Great Room, Living Room, Wood Burning Stove
  • Common Walls: No Common Walls
  • Basement: Crawl Space, Partial
  • Basement: No
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1

Exterior Features

  • Roof: Shingle
  • Construction Materials: Cedar, Frame, Log
  • View: Mountain(s)
  • Exterior Features: Balcony, Dog Run, Fire Pit, Private Yard, Spa/Hot Tub
  • Patio and Porch Features: Deck, Patio
  • Road Frontage Type: Private Road, Year Round
  • Road Surface Type: Dirt

Garage/Parking

  • Parking Features: Unpaved
  • Attached Garage: No
  • Total Parking Spaces: 10

Utilities

  • Utilities: Electricity Connected, Propane
  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Baseboard, Electric, Propane, Wood Stove
  • Water Source: Well
  • Laundry Features: In Unit
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: South Park

Lot Info

  • Parcel Number: 10585
  • Lot Size Acres: 5
  • Fencing: Partial
  • Building Area Total: 1780
  • Lot Features: Cul-De-Sac, Many Trees, Secluded
  • Lot Size Sq Ft: 217800

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1492

MLS Schools

  • Elementary School: Edith Teter
  • High School: South Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2024
Closed on
Jun 13, 2024
Sold by
Ackerman Pamela Lynn and Ackerman Thomas C
Bought by
Wright Angela Renee and Wright Franklin Lee
Seller's Agent
Amy Caniglia
Caniglia Real Estate Group Llc
Buyer's Agent
Karen Starkey
West and Main Homes Inc
List Price
$719,500
Sold Price
$719,500
Views
18
Current Estimated Value
$609,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$109,772
Avg. Annual Appreciation
-10.58%
Original Mortgage
$500,000
Outstanding Balance
$485,377
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$124,351

Purchase Details

Listed on
Jun 15, 2016
Closed on
Jul 29, 2016
Sold by
Albert Phoebe G
Bought by
Ackerman Pamela Lynn and Ackerman Thomas C
Seller's Agent
Amy Caniglia
Caniglia Real Estate Group,LLC
Buyer's Agent
Amy Caniglia
Caniglia Real Estate Group,LLC
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.55%
Original Mortgage
$132,000
Interest Rate
5%
Mortgage Type
Seller Take Back
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wright Angela Renee $719,500 None Listed On Document
Ackerman Pamela Lynn $165,000 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Angela Renee $500,000
Previous Owner Ackerman Pamela Lynn $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2024 06/13/24 Sold $719,500 0.0% $404 / Sq Ft
04/23/2024 04/23/24 For Sale $719,500 +336.1% $404 / Sq Ft
07/29/2016 07/29/16 Sold $165,000 0.0% $167 / Sq Ft View Prior Sale
06/29/2016 06/29/16 Pending -- -- --
06/15/2016 06/15/16 For Sale $165,000 -- $167 / Sq Ft
Source: REcolorado®

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 $1,560 $25,670 $8,890 $16,780
2023 $1,560 $25,670 $8,890 $16,780
2022 $996 $15,555 $5,625 $9,930
2021 $974 $16,010 $5,790 $10,220
2020 $702 $11,180 $4,470 $6,710
2019 $680 $11,180 $4,470 $6,710
2018 $638 $11,180 $4,470 $6,710
2017 $575 $10,270 $4,450 $5,820
2016 $624 $11,510 $5,430 $6,080
2015 $636 $11,510 $5,430 $6,080
2014 $717 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 9199451

REcolorado®

APN: 10585