NOT LISTED FOR SALE

509 Moffat St Ridgway, CO 81432

Estimated Value: $606,824 - $830,000

3 Beds
1.5 Baths
1,116 Sq Ft
$655/Sq Ft Est. Value

Sale Details

Date Sold: September 1, 2021

Last sale price $581,000 $521 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,005 / mo

Highlights

  • Victorian Architecture
  • 1 Car Detached Garage
  • Forced Air Heating System
  • Ridgway Elementary School Rated A-
  • Patio
  • 5-minute walk to Ridgway Town Park

About This Home

As of September 2021

Very special, sunny corner location! Two lots with vintage Victorian. Property is Zoned ''Historic-Business'' (commercial) making the possibilities endless. Although the house has been honored with Historic Designation, the building may be removed. Zoning makes this a Great Investment and allows the following opportunities: Divide lots and build up to 10,000 sq ft structures on one or both with no set backs. Consider commercial below and live above. Or develop townhomes/apts to rent or sell with commercial below. Unobstructed Spectacular Views and southern exposure! Imagine panoramic, decks & balconies! Potentially live in the house while you build and later the charming Victorian could be retained as a residential or commercial rental. (Air Bnb, shop...). High ceilings, claw-foot tub

Last Agent to Sell the Property

Shari B. Gardner

Re/Max Cimarron License #EA1325524 Listed on: 07/16/2021

Re/Max Cimarron

Last Buyer's Agent

BEN JACKSON

NEVASCA REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,001

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Property is zoned Historic Commercial

Home Design

  • Victorian Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Metal Roof
  • Masonite

Interior Spaces

  • 1,116 Sq Ft Home
  • Crawl Space
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • 3 Open Parking Spaces

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Propane

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,001

Year Built

Built in 1900

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Directions: S on Lena from Sherman, by Mountain Market, home on right at the corner of Lena and Moffat, right before entering Solar Ranches.
  • Listing Member Name: Shari B Gardner
  • Listing Office Short Id: REMAX C
  • Major Area: 70
  • Estimated Number of Acres: 0.16
  • Prop. Type: Residential
  • Selling Member Short Id: 121
  • Selling Office Short Id: 3737
  • Home Age: 40+ Years
  • Deed Restrict: None
  • Legal Info Block: 36
  • FILLSUBDIVISION: None
  • Property Sub Type: Within Township/City Limits
  • Year Built: 1900
  • Year Renovated: 1985.00
  • Building Style: Victorian
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Oven/Range, Refrigerator, Washer
  • EstFinishedSqFt: 1116.00
  • Lower Floor 1 Half Bathrooms: 1
  • Source Sq Ft: Assessor
  • Disability Access: City, Paved
  • Lower Floor 1 Bedrooms: 3
  • Furnished: None

Exterior Features

  • Exterior Construction: Frame
  • Disclosures: None
  • Exterior Finish: Masonite
  • Lot Number: 23 & 24
  • Roof: Asphalt Shingles, Metal
  • View: Cimarron Range
  • Water Extras: Detached Garage, Patio/Deck
  • Substructure: Crawl Space

Garage/Parking

  • Covered Parking: 1 Car
  • OpenAreaParking: 3 Car +
  • Parking: 1 Car Garage
  • Additional Structure Garage Sq Ft: 288.00

Utilities

  • Electric: Power Company
  • Gas Company: Propane Tanks
  • Hot Water: Public
  • Heating: Forced Air, Gas

Condo/Co-op/Association

  • HOAMangmentCompanyInfo: No HOA

Fee Information

  • Taxes: 1001.00

Lot Info

  • Zoning: Historic Commercial
  • Lofts: None

Tax Info

  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Sep 1, 2021
Sold by
Bought by
Seller's Agent
Shari B. Gardner
Re/Max Cimarron
Buyer's Agent
BEN JACKSON
NEVASCA REALTY
Sold Price
$581,000
Current Estimated Value
$718,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,231
Avg. Annual Appreciation
4.86%
Original Mortgage
$420,000
Interest Rate
0.027%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2003
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$581,000 Land Title Guarantee
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $420,000
Closed $151,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2021 09/01/21 Sold $581,000 0.0% $521 / Sq Ft
09/01/2021 09/01/21 Sold $581,000 -7.0% $521 / Sq Ft View Prior Sale
07/16/2021 07/16/21 Pending -- -- --
07/16/2021 07/16/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $625,000 -- $560 / Sq Ft
Source: Telluride Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,514 $22,630 $13,750 $8,880
2024 $1,514 $24,800 $11,170 $13,630
2023 $1,581 $27,750 $12,500 $15,250
2022 $1,262 $18,510 $10,430 $8,080
2021 $1,196 $19,050 $10,730 $8,320
2020 $989 $17,060 $4,900 $12,160
2019 $989 $17,060 $4,900 $12,160
2018 $854 $14,210 $4,540 $9,670
2017 $842 $14,210 $4,540 $9,670
2016 $769 $12,590 $3,580 $9,010
2015 -- $12,590 $3,580 $9,010
2012 -- $17,140 $7,160 $9,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Telluride Association of REALTORS®

MLS Number: 39445

Telluride Association of REALTORS®

APN: R001957

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