NOT LISTED FOR SALE

225 Oak Rd Ridgway, CO 81432

Estimated Value: $231,000 - $247,000

5.16 Acres
$46,317 Price per Acre
224,813 Sq Ft Lot

Last Sold May 10, 2024

Last sale price $249,000

Est. 4% decrease in value since last sale

Current estimated payment $1,521/month

Highlights

  • Mountain View
  • Wooded Lot
  • Level Lot
  • Ridgway Elementary School Rated A-
  • Property is near golf course

About This Lot

As of May 2024

Check out this 5+ acre lot with amazing Cimarron views and paved access directly to property! Stunning sunset views would be an understatement (see photos)! There may even be a possibility of some partial San Juan views depending on where you build your new home on the lot. Lightning fast fiber optic internet is available through Clearnetworx. It also comes with a fully paid (but not installed) Dallas Creek Water tap. Natural gas and electric are to the lot line so no need to worry about propane fill ups. Seller is providing an ILC. If you enjoy golf, beautiful scenery, outdoor activities, and friendly people, your search is over. Recreational activities abound in the area. Ridgway State Park which has great boating, fishing, and camping is located about 20 minutes away. Telluride and its exceptional skiing is a short 50 minute drive. The mountains are well known for their stunning vistas which can be reached by 4WD or hiking for the more adventurous. There is also biking, rafting, camping, fishing, hunting, and a host of other activities. Ridgway is still a small town with some of the friendliest people you will ever meet. There are plenty of great eating establishments, art galleries, and cultural activities to keep everyone entertained. Montrose is located only 25 minutes north which offers about anything you will ever need. They have one of the top rated regional hospitals in the country, regional airport, Home Depot, large grocery stores, Walmart, and numerous other national and local businesses.

Last Agent to Sell the Property

Tony Litschewski

Dallas Divide Realty LLC Listed on: 04/12/2024

Last Buyer's Agent

Tate Rogers

Rogers Real Estate Group, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $535

Lot Details

  • 5.16 Acre Lot
  • Level Lot
  • Corners Of The Lot Have Been Marked
  • Wooded Lot

HOA Fees

  • $4 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Location

  • Property is near golf course

Schools

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

Utilities

  • Septic System
  • Internet Available
  • Phone Available

Community Details

  • Log Hill Village HOA
  • Log Hill Subdivision

Listing and Financial Details

  • Security Deposit $5,000
  • Assessor Parcel Number 425532404015
  • Special Tax Authority

Property Details

Property Type

Land

Est. Annual Taxes

$535

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: Land
  • Em Holder: Land Title Guarantee Co
  • Legal Lot Block: Subd: LOGHILL VILLAGE UNIT 1 Lot: 19 Block: J S: 32 T: 46 R: 8
  • Lot Size Acreage: 5-10 Acres
  • Parcel Id Number: 425532404015
  • Property Description: Wooded Lot, Golf Course Near, Corners Marked
  • Street Descriptionaccess: County, Paved, Public Winter Maintenance
  • Street Designation: Road
  • Zoning: Residential Single Family
  • HOA Fee Frequency: Annually
  • Domestic Sewer: Septic
  • Domestic Water: Tap Paid, Public, Tap Available
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 5.161
  • Current Property Use: Residential Single Family
  • Em Deposit: 5000
  • Possible Property Use: Residential Single Family
  • Special Assemnt Yn: Yes
  • Mineral Rights: Unknown
  • Topography: Level, Sloped
  • Modularmobile Allow: Modular Only
  • Price per Sq Ft: 1.11
  • Sold Priceacre: 48246.46
  • Water Tap Available: Yes
  • HOA Fees: Yes
  • Total Taxes Dollar: 535.10
  • Prop Description Remarks: Check out this 5+ acre lot with amazing Cimarron views and paved access directly to property! Stunning sunset views would be an understatement (see photos)! There may even be a possibility of some partial San Juan views depending on where you build your new home on the lot. Lightning fast fiber optic internet is available through Clearnetworx. It also comes with a fully paid (but not installed) Dallas Creek Water tap. Natural gas and electric are to the lot line so no need to worry about propane fill ups. Seller is providing an ILC. If you enjoy golf, beautiful scenery, outdoor activities, and friendly people, your search is over. Recreational activities abound in the area. Ridgway State Park which has great boating, fishing, and camping is located about 20 minutes away. Telluride and its exceptional skiing is a short 50 minute drive. The mountains are well known for their stunning vistas which can be reached by 4WD or hiking for the more adventurous. There is also biking, rafting, camping, fishing, hunting, and a host of other activities. Ridgway is still a small town with some of the friendliest people you will ever meet. There are plenty of great eating establishments, art galleries, and cultural activities to keep everyone entertained. Montrose is located only 25 minutes north which offers about anything you will ever need. They have one of the top rated regional hospitals in the country, regional airport, Home Depot, large grocery stores, Walmart, and numerous other national and local businesses.
  • Subdv Name: Log Hill
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains, Valley

Utilities

  • Utilities: Electricity, Phone, Natural Gas, Internet, Phone - Landline, Phone - Cell Reception
  • Water Tap Paid: Yes
  • Electric Supplier: San Miguel Power Association
  • Gas Supplier: Black Hills Energy
  • Water Supplier: Dallas Creek Water Company

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 50 volun.
  • Hoa Name: Log Hill Village

Schools

  • High School: Ridgway 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
May 10, 2024
Sold by
Hilliard Mark D and Hilliard Bonnie J
Bought by
Gronfein Hal S and Gronfein Dana C
Seller's Agent
Tony Litschewski
Dallas Divide Realty LLC
Buyer's Agent
Tate Rogers
Rogers Real Estate Group, LLC
List Price
$249,000
Sold Price
$249,000
Views
6
Current Estimated Value
$239,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,958
Avg. Annual Appreciation
-2.37%

Purchase Details

Closed on
Nov 12, 2020
Sold by
Makely James R
Bought by
Hilliard Mark D and Hilliard Bonnie J

Purchase Details

Closed on
Oct 31, 2007
Sold by
Lambert Frank C and Lambert Anita E
Bought by
Makely James R and Makely Cheryl

Purchase Details

Closed on
Jun 6, 2005
Sold by
Trust Of Hugo Quackenbush
Bought by
Lambert Frank C and Lambert Anita E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
9.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Gronfein Hal S $249,000 Land Title Guarantee
Hilliard Mark D $109,000 Land Title Guarantee
Makely James R $150,000 Security Title
Lambert Frank C $145,000 Security Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lambert Frank C $119,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2024 05/10/24 Sold $249,000 0.0% --
04/12/2024 04/12/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $249,000 -- --
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 $3,296 $58,590 $58,590 $0
2023 $3,296 $13,190 $13,190 $0
2022 $402 $7,300 $7,300 $0
2021 $684 $7,510 $7,510 $0
2020 $1,640 $27,550 $27,550 $0
2019 $1,640 $27,550 $27,550 $0
2018 $1,475 $23,200 $23,200 $0
2017 $1,470 $23,200 $23,200 $0
2016 $1,391 $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

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 812473

Colorado Real Estate Network (CREN)

APN: R003741