NOT LISTED FOR SALE

240 Rippy Ln New Castle, CO 81647

Estimated Value: $171,000 - $688,736

3 Beds
2 Baths
1,056 Sq Ft
$458/Sq Ft Est. Value

Last Sold July 09, 2018

Last sale price $369,000 $349 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,727/month

7 Days on Market

Highlights

  • Horse Property
  • Green Building
  • Evaporated cooling system
  • River Front
  • No HOA
  • Views

About This Home

As of July 2018

BEAUTIFUL COLORADO RIVER FRONT!!4.98 acres on spectacular river bend.Completely remodeled 3 br/2ba home. New siding, new flooring throughout, stainless steel appliances, granite countertops, new windows, new kitchen, new bathrooms. Irrigation rights. Potential to create boat take-out. Fishing, camping, rafting.... endless possibilities!

Last Agent to Sell the Property

Todd Leahy

Western Slope Real Estate Group Brokerage Phone: (970) 945-7653 Listed on: 05/16/2018

Co-Listed By

Kristine Leahy

Everbank Brokerage Phone: (970) 945-7653

Last Buyer's Agent

Todd Leahy

Integrated Mountain Properties License #FA40008343

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $982

Lot Details

  • 4.98 Acre Lot
  • River Front
  • South Facing Home
  • Southern Exposure
  • Gentle Sloping Lot
  • Landscaped with Trees
  • Property is in excellent condition
  • Property is zoned Rural Residential

Parking

  • No Garage

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Crawl Space
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Horse Property
  • Patio

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Irrigation Well
  • Water Rights
  • Septic Tank
  • Septic System

Additional Features

  • Green Building
  • Mineral Rights Excluded

Listing and Financial Details

  • HUD Owned
  • Assessor Parcel Number 218105400140

Community Details

Overview

  • No Home Owners Association
  • Hud

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$982

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.98
  • Co List Office Mls Id: IMP
  • Inclusions: Range, Microwave, Dishwasher
  • Subdivision Name: None
  • Directions: Follow I-70 W. Take exit 105 toward New Castle 0.2 mi Take US-6 W to Rippy Ln 7 min (3.5 mi) Turn right toward US-6 W 0.1 mi Turn left onto US-6 W 2.9 mi Turn left toward River Frontage Rd 420 ft Turn right onto River Frontage Rd 0.4 mi Turn left onto Rippy Ln 13 ft- follow Rippy Ln past 90 degree right hand turn to next left 240 Rippy Ln New Castle, CO 81647
  • Above Grade Finished Sq Ft: 1056.0
  • Architectural Style: Ranch
  • Master Model: HUD
  • New Construction: No
  • Tax Parcel Letter: R015060
  • Attribution Contact: (970) 945-7653
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: HUD
  • General Info:Zoning2: Rural Residential
  • General Info:Main Floor Master: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: No
  • General Info:Levels: 1.0
  • Financing Info:Taxes2: 981.8
  • Financing Info:Tax Year2: 2017
  • Extras:PatioDeck: Yes
  • Laundry Facility:Area4: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Miscellaneous:Under Construction3: No
  • Style:Ranch: Yes
  • Substructure:Crawl Space: Yes
  • Mineral Rights:No2: Yes
  • Cooling:Evaporative Cooling: Yes
  • General Info:LvHtSqFt (Abv Grnd): 1056.0
  • Unit Faces:South: Yes
  • Sanitation:Septic: Yes
  • Roof:Metal: Yes
  • Water Rights:Yes3: Yes
  • Water:Well - Irrigation: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1056.0
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Waterfront Features: River Front
  • Waterfront: Yes
  • Disclosures: Seller Lic RE Agent
  • Construction Type: Other, Wood Siding
  • Property Condition: Excellent
  • Roof: Metal
  • Construction:Other6: Yes

Garage/Parking

  • Keywords Info:Garage: None

Utilities

  • Building Features: Yes
  • Cooling: Evaporative Cooling
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Available
  • Water Source: Well - Irrigation
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Association/Amenities

  • Listing Info:Member Association: Glenwood Association
  • Location Amenities:Views: Yes
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:River Frontage: Yes
  • Location Amenities:Horse Property: Yes

Lot Info

  • Lot Size Sq Ft: 216929.0
  • Parcel #: 218105400140
  • Zoning: Rural Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 981.8
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2024
Sold by
240 Rippy Ln Llc
Bought by
Finholm Timothy M and Finholm Jacquelyn G
Current Estimated Value
$483,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$876,494
Interest Rate
6.78%
Mortgage Type
Construction
Estimated Equity
-$327,470

Purchase Details

Listed on
May 16, 2018
Closed on
Jul 9, 2018
Sold by
Finholm Timothy M and Finholm Jacquelyn G
Bought by
240 Rippy Ln Llc
Seller's Agent
Todd Leahy
Western Slope Real Estate Group
Buyer's Agent
Todd Leahy
Western Slope Real Estate Group
List Price
$395,000
Sold Price
$369,000
Premium/Discount to List
-$26,000
-6.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%
Original Mortgage
$276,750
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 31, 2018
Sold by
Synder Fred K and Synder Charlotte J
Bought by
Leahy Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Finholm Timothy M -- None Listed On Document
240 Rippy Ln Llc -- None Available
Finholm Timo M $369,000 None Available
Leahy Todd $230,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finholm Timothy M $2,000,000
Previous Owner 240 Rippy Ln Llc $363,000
Previous Owner Finholm Timo M $276,750
Previous Owner Leahy Todd $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2018 07/09/18 Sold $369,000 -6.6% $349 / Sq Ft
05/24/2018 05/24/18 Pending -- -- --
05/16/2018 05/16/18 For Sale $395,000 -- $374 / Sq Ft
Source: Aspen Glenwood MLS

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 $1,329 $18,950 $15,710 $3,240
2023 $1,329 $36,290 $17,030 $19,260
2022 $2,190 $33,430 $15,990 $17,440
2021 $2,540 $34,390 $16,450 $17,940
2020 $1,646 $24,540 $15,370 $9,170
2019 $1,549 $24,540 $15,370 $9,170
2018 $1,329 $20,540 $16,920 $3,620
2017 $982 $16,960 $16,920 $40
2016 $870 $17,250 $17,190 $60
2015 $796 $17,250 $17,190 $60
2014 -- $11,370 $11,300 $70
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 154041

Aspen Glenwood MLS

APN: R015060