NOT LISTED FOR SALE

188 Tower Rd S Ridgway, CO 81432

Estimated Value: $1,081,000 - $1,335,416

4.8 Acres
$248,084 Price per Acre
209,088 Sq Ft Lot

Last Sold May 15, 2018

Last sale price $115,000

Est. 935% increase in value since last sale

Current estimated payment $6,984/month

1,006 Days on Market

Highlights

  • Mountain View
  • Wooded Lot
  • Cul-De-Sac
  • Ridgway Elementary School Rated A-
  • Adjacent to Greenbelt
  • Property is near a golf course

About This Lot

As of May 2018

Sunny building site on this level 4.85 acre lot. Very nice east Cimarron Views and S to Mt Sneffels! Private end of the Cul-de-sac......build your dream home today! Close to Divide golf course, 45 minutes from Telluride and only 10 minutes to downtown Ridgway!

Last Listed By

Shari B. Gardner

RE/MAX Cimarron Realty Listed on: 07/30/2015

RE/MAX Cimarron Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,551

Year Built

  • 2020

Lot Details

  • 4.8 Acre Lot
  • Lot Dimensions are 564x322
  • Adjacent to Greenbelt
  • Cul-De-Sac
  • Level Lot
  • Wooded Lot

HOA Fees

  • $3 Monthly HOA Fees

Utilities

  • Engineered Septic
  • Phone Available

Additional Features

  • Mountain Views
  • Property is near a golf course

Community Details

  • Loghill Village HOA

Listing and Financial Details

  • Security Deposit $6,000
  • Assessor Parcel Number 425531403005
  • Special Tax Authority

Property Details

Property Type

Land

Est. Annual Taxes

$4,551

Year Built

2020

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Class: Land
  • Elevation: 7000
  • Em Holder: Land Title Guarantee Co
  • Legal Lot Block: Loghill Village, Unit 1, Lot: 9 Block: E
  • Lot Dimension: 564x322
  • Lot Size Acreage: 1-5 Acres
  • Parcel Id Number: 425531403005
  • Property Description: Wooded Lot, Cul-De-Sac, Golf Course Near, Adj To Greenbelt
  • Street Descriptionaccess: County, Paved, Gravel
  • Tax Account Id: R003707
  • Zoning: Residential Single Family
  • HOA Fee Frequency: Annually
  • Domestic Sewer: Engineered Septic
  • Domestic Water: Tap Paid
  • Type: Residential
  • Estimated Total Acres: 4.8
  • Current Property Use: Residential Single Family
  • Em Deposit: 6000
  • Possible Property Use: Residential Single Family
  • Special Assemnt Yn: Yes
  • Mineral Rights: Unknown
  • Price Acre: 31041.67
  • Topography: Level
  • Price per Sq Ft: 0.71
  • Sold Priceacre: 23958.33
  • Water Tap Available: Yes
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2020

Exterior Features

  • Views: Mountains

Utilities

  • Utilities: Electricity Near, Phone Near, Natural Gas Near
  • Water Tap Paid: Yes
  • Electric Supplier: San Miguel Power Association
  • Water Supplier: Dallas Creek Water Company

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 35
  • Hoa Name: Loghill Village

Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2023
Sold by
Ouray County
Bought by
Pines Development Group Llc
Total Days on Market
1006
Current Estimated Value
$1,190,805

Purchase Details

Listed on
Jul 30, 2015
Closed on
May 15, 2018
Sold by
Mcelroy Mochael
Bought by
Malles Gar Y C and Malles Inge A
Seller's Agent
Shari B. Gardner
RE/MAX Cimarron Realty
Buyer's Agent
Don Bailey
Berkshire Hathaway HomeServices Colorado Properties
List Price
$149,000
Sold Price
$115,000
Premium/Discount to List
-$34,000
-22.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.44%

Purchase Details

Closed on
Jun 29, 2007
Sold by
Johnson Douglas S and Johnson Cheryl L
Bought by
Mcelroy Michael

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
Pines Development Group Llc -- --
Malles Gar Y C $115,000 Land Title Guarantee Co
Mcelroy Michael $260,000 Security Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mallis Gary C $485,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2018 05/15/18 Sold $115,000 -22.8% --
05/01/2018 05/01/18 Pending -- -- --
07/30/2015 07/30/15 For Sale $149,000 -- --
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 $4,551 $87,660 $13,500 $74,160
2023 $4,515 $91,210 $14,050 $77,160
2022 $3,998 $66,700 $7,300 $59,400
2021 $379 $54,820 $7,510 $47,310
2020 $1,559 $27,550 $27,550 $0
2019 $1,383 $27,550 $27,550 $0
2018 $1,383 $23,200 $23,200 $0
2017 $1,367 $23,200 $23,200 $0
2016 $1,279 $21,750 $21,750 $0
2015 -- $21,750 $21,750 $0
2012 -- $47,850 $47,850 $0
Source: Public Records

Agents Affiliated with this Home

  • Shari B. Gardner

    Seller's Agent in 2018

    Shari B. Gardner

    RE/MAX

    (800) 530-8791

    82 Total Sales

    Shari B. Gardner
    Section Image
  • Mary Campbell

    Seller Co-Listing Agent in 2018

    Mary Campbell

    Mountain Rose Realty LLC

    (970) 729-1425

    38 Total Sales

    Section Image
  • Don Bailey

    Buyer's Agent in 2018

    Don Bailey

    Berkshire Hathaway HomeServices Colorado Properties

    (970) 209-8257

    97 Total Sales

    Don Bailey
    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 709715

Colorado Real Estate Network (CREN)

APN: R003707

Colorado Ouray County Ridgway 81432

188 Tower Rd S, Ridgway, CO

Homes for Sale in Ridgway, CO

This home is located at 188 Tower Rd S, Ridgway, CO 81432 since 30 July 2015 and is currently estimated at $1,190,805. This property was built in 2020. 188 Tower Rd S 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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