NOT LISTED FOR SALE

51 Elk Ridge Trail Ridgway, CO 81432

Estimated Value: $150,050 - $609,000

0.55 Acre
$505,933 Price per Acre
23,958 Sq Ft Lot

Last Sold August 31, 2023

Last sale price $145,000

Est. 92% increase in value since last sale

Current estimated payment $1,664/month

124 Days on Market

Highlights

  • Horses Allowed On Property
  • Wooded Lot
  • Lot Has A Rolling Slope
  • Near a National Forest
  • Adjacent to Greenbelt

About This Lot

As of August 2023

One of the last lots located in the Idlewild Estates with stunning Ridgway and Ouray Valley Views, with mountains and ridges to the east and Southeast. The whole lot is treed trees aspen, spruce, ponderosas, oak brush. 12 minutes to Ridgway and 10 minutes to Ouray. larger tracts surrounding it in all other directions as well as this piece butting to BLM. Build today on this rare opportunity with the ability to build your Mountain Cabin as well as your dream Colorado home.

Last Agent to Sell the Property

Chase Girard

Ponderosa Real Estate The Source For Real Estate Listed on: 04/01/2023

Co-Listed By

Kari Girard

Ponderosa Real Estate The Source For Real Estate

Last Buyer's Agent

Rob Hunter

Robert Hunter, Independent Broker

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,922

Lot Details

  • 0.55 Acre Lot
  • Adjacent to Greenbelt
  • Lot Has A Rolling Slope
  • Wooded Lot

Schools

  • Ouray K-6 Elementary School
  • Ouray 7-8 Middle School
  • Ouray Senior 9-12 High School

Additional Features

  • Horses Allowed On Property
  • Septic System

Community Details

  • Idlewild Estate Subdivision
  • Near a National Forest
  • Property is near a preserve or public land

Listing and Financial Details

  • Security Deposit $5,000
  • Assessor Parcel Number 451711308003

Property Details

Property Type

Land

Est. Annual Taxes

$1,922

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Land Title Guarantee
  • Legal Lot Block: SUBD: IDLEWILD ESTATES LOT: 84 FILING #4 S: 11 T: 44 R: 8
  • Livestock Allowed: Horses, Poultry
  • Lot Size Acreage: .5-.99 Acres
  • Parcel Id Number: 451711308003
  • Property Description: Wooded Lot, Borders Public Land, Adj To Greenbelt, Borders National Forest
  • Street Descriptionaccess: County, Gravel
  • Street Designation: Trail
  • Tax Account Id: R000221
  • Zoning: Residential Single Family
  • Domestic Sewer: Septic
  • Domestic Water: Public, Tap Available
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 0.55
  • Current Property Use: Residential Single Family, Mountain Recreation
  • Em Deposit: 5000
  • Possible Property Use: Residential Single Family, Mountain Recreation
  • Mineral Rights: Unknown
  • Price Acre: 300000
  • Topography: Rolling
  • Price per Sq Ft: 6.89
  • Sold Priceacre: 263636.36
  • Water Tap Available: Yes
  • Total Taxes Dollar: 7.73
  • Prop Description Remarks: One of the last lots located in the Idlewild Estates with stunning Ridgway and Ouray Valley Views, with mountains and ridges to the east and Southeast. The whole lot is treed trees aspen, spruce, ponderosas, oak brush. 12 minutes to Ridgway and 10 minutes to Ouray. larger tracts surrounding it in all other directions as well as this piece butting to BLM. Build today on this rare opportunity with the ability to build your Mountain Cabin as well as your dream Colorado home.
  • Subdv Name: Idlewild Estate
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Utilities

  • Electric Supplier: San Miguel Power Association
  • Gas Supplier: Black Hills Energy
  • Water Supplier: Tri-County Water Conservancy

Schools

  • Elementary School: Ouray K-6
  • Middle School: Ouray 7-8
  • High School: Ouray Senior 9-12
  • High School: Ouray Senior 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2021

MLS Schools

  • Elementary School: Ouray K-6
  • Middle School: Ouray 7-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2023
Closed on
Aug 31, 2023
Sold by
King Wayne
Bought by
Combes Dylan Michael and Combes Kasey Holle
Seller's Agent
Chase Girard
Ponderosa Real Estate The Source For Real Estate
Buyer's Agent
Rob Hunter
Robert Hunter, Independent Broker
List Price
$65,000
Sold Price
$145,000
Premium/Discount to List
$80,000
123.08%
Views
115
Current Estimated Value
$278,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,263
Avg. Annual Appreciation
34.34%
Original Mortgage
$87,000
Outstanding Balance
$76,446
Interest Rate
6%
Mortgage Type
Seller Take Back
Estimated Equity
$186,788

Purchase Details

Closed on
Aug 30, 1988
Bought by
King Wayne
Source: Public Records

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
Combes Dylan Michael $145,000 Land Title Guarantee
King Wayne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Combes Dylan Michael $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $145,000 -12.1% --
08/03/2023 08/03/23 Pending -- -- --
04/03/2023 04/03/23 Price Changed $165,000 +153.8% --
04/01/2023 04/01/23 For Sale $65,000 -- --
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 $1,922 $34,810 $34,810 $0
2023 $1,922 $34,810 $34,810 $0
2022 $13 $150 $150 $0
2021 $13 $150 $150 $0
2020 $12 $130 $130 $0
2019 $12 $130 $130 $0
2018 $13 $240 $240 $0
2017 $12 $240 $240 $0
2016 $11 $120 $120 $0
2015 -- $120 $120 $0
2012 -- $3,480 $3,480 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 802007

Colorado Real Estate Network (CREN)

APN: R000221