NOT LISTED FOR SALE

540 Marmot Dr Ridgway, CO 81432

Estimated Value: $88,000 - $1,368,000

1 Acres
$442,013 Price per Acre
43,560 Sq Ft Lot

Sale Details

Date Sold: February 23, 2022

Last sale price $150,000

Est. 195% increase in value since last sale

Current estimated payment $2,570 / mo

118 Days on Market

Highlights

  • On Golf Course
  • Mountain View
  • Open Space
  • Ridgway Elementary School Rated A-
  • Wooded Lot
  • Property is near golf course

About This Lot

As of February 2022

RARE 1 acre lot available in a prime location to the fairway with stunning mountain views! This property has San Juan and Cimarron mountain views surrounded by tall Ponderosa Pines, Junipers, and open space views of the golf course. This is the ideal lot for building your dream home with stunning views, privacy, and a short commute to the airport, Telluride and Hot Springs. If you are looking to work from home, fiber-optic is in progress and proposed to be in place in the near future so look no further for mountains living with high-speed internet. Build your perfect mountain retreat or your forever home, this property has it all. This lot was originally hand-picked by an engineer to construct a passive solar home with its south-facing views. The property is gently sloped to optimize the best views for building your dream home. The Divide Ranch and Golf Club Membership is included with property ownership, fees are $1,671 per year. Work, play and dream all at one location.

Last Agent to Sell the Property

Sara Woodward

Norris-Phillips Real Estate, LLC Listed on: 09/24/2021

Last Buyer's Agent

Sara Woodward

Norris-Phillips Real Estate, LLC Listed on: 09/24/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $620

Lot Details

  • 1 Acre Lot
  • On Golf Course
  • Open Space
  • Level Lot
  • Wooded Lot

HOA Fees

  • $34 Monthly HOA Fees

Utilities

  • Septic System
  • Internet Available
  • Phone Available

Additional Features

  • Mountain Views
  • Property is near golf course

Community Details

  • Association fees include clubhouse, golf course access
  • Divide Ranch And Club HOA

Listing and Financial Details

  • Security Deposit $5,000
  • Assessor Parcel Number 425531307125

Property Details

Property Type

Land

Est. Annual Taxes

$620

Lot Details

1 Acres

HOA Fees

$34 per month

Listing Details

  • Class: Land
  • Em Holder: Land Title
  • Fronts: Fairway
  • Legal Lot Block: SUBD: FAIRWAY PINES ESTATES P.U.D. FILING NO. 1 LOT: 125 S: 31 T: 46 R: 8
  • Lot Size Acreage: 1-5 Acres
  • Parcel Id Number: 425531307125
  • Property Description: Wooded Lot, Golf Course Near, Borders Golf Course, Adj To Open Space
  • Street Descriptionaccess: County, Paved, Concrete, Public
  • Street Designation: Drive
  • Zoning: Residential Single Family
  • HOA Fee Frequency: Annually
  • Domestic Sewer: Septic
  • Domestic Water: Public
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 1
  • Current Property Use: Residential Single Family
  • Em Deposit: 5000.00
  • Possible Property Use: Residential Single Family
  • Mineral Rights: Unknown
  • Topography: Level, Sloped
  • Price per Sq Ft: 3.72
  • Sold Priceacre: 150000
  • Water Tap Available: Yes
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Total Taxes Dollar: $620.80
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains

Utilities

  • Utilities: Electricity, Natural Gas, Internet, Phone
  • 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
  • Hoa Inclusions: Clubhouse, Golf Course Access
  • Hoametro Fees: 407
  • Hoa Name: Divide Ranch and Club

Schools

  • High School: Open Enrollment

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2020

MLS Schools

  • Elementary School: Open Enrollment
  • Middle School: Open Enrollment

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
Current Estimated Value
$442,013

Purchase Details

Listed on
Sep 24, 2021
Closed on
Feb 23, 2022
Sold by
White Family Living Trust
Bought by
Harris Jay and Harris Connie
Seller's Agent
Sara Woodward
Norris-Phillips Real Estate, LLC
Buyer's Agent
Sara Woodward
Norris-Phillips Real Estate, LLC
List Price
$162,000
Sold Price
$150,000
Premium/Discount to List
-$12,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.75%

Purchase Details

Closed on
Nov 2, 2017
Sold by
White Gisela G
Bought by
White Gisela G and White Randall Brian
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
Pines Development Group Llc -- --
Harris Jay $150,000 None Listed On Document
White Gisela G -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2022 02/23/22 Sold $150,000 -7.4% --
01/20/2022 01/20/22 Pending -- -- --
09/24/2021 09/24/21 For Sale $162,000 -- --
Source: Colorado Real Estate Network (CREN)

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
2025 $2,303 $45,230 $45,230 $0
2024 $2,303 $41,040 $41,040 $0
2023 $2,112 $41,040 $41,040 $0
2022 $519 $9,280 $9,280 $0
2021 $506 $9,280 $9,280 $0
2020 $612 $12,470 $12,470 $0
2019 $612 $12,470 $12,470 $0
2018 $668 $13,050 $13,050 $0
2017 $665 $13,050 $13,050 $0
2016 $545 $10,730 $10,730 $0
2015 -- $10,730 $10,730 $0
2012 -- $31,900 $31,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 787236

Colorado Real Estate Network (CREN)

APN: R002758

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