NOT LISTED FOR SALE

540 Redcliff Cir Unit E102 Ridgway, CO 81432

Estimated Value: $406,000 - $555,000

3 Beds
2 Baths
1,033 Sq Ft
$400/mo HOA Fee

Last Sold October 25, 2022

Last sale price $450,000 $436 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,092/month

Highlights

  • Contemporary Architecture
  • Patio
  • Forced Air Heating System
  • Ridgway Elementary School Rated A-

About This Home

As of October 2022

One of the rare times that a three bedroom unit here comes on the market! This area is in demand and it won't last. A great, ground floor unit facing the pond and open space with 3 bedrooms. Wake up every morning in the master bedroom with a view of both Courthouse and Chimney Rock peaks. Unit includes a designated covered parking space which has a storage unit attached for extra storage. This can be an excellent investment opportunity or your future home. Notice is required to see this one so contact us today!

Last Listed By

Leslie Musselmann

Vision Real Estate Investments License #II100003212 Listed on: 09/19/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,164

Year Built

  • Built in 2008

Lot Details

  • 784

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Home Design

  • 1,033 Sq Ft Home
  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Association fees include grounds maintenance, insurance, snow removal, trash
  • 40 Units

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,164

Year Built

Built in 2008

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Directions: At the stoplight on Hwy 550 and Hwy 62 turn east then take Redcliff Drive to Redcliff Circle. Building E, unit 102. Tenant occupied - notice required
  • Listing Member Name: Leslie A Musselmann
  • Listing Office Short Id: vrei
  • Major Area: 70
  • Open House Office I D: 20191002184608991365000000
  • Prop. Type: Condo
  • Selling Member Short Id: nonmem1
  • Selling Office Short Id: Nonmem
  • Home Age: 13 - 20 Yrs
  • Deed Restrict: None
  • Property Sub Type: Multi-Unit Buildings
  • Year Built: 2008
  • Building Style: Contemporary
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Oven/Range, Refrigerator, Washer
  • EstFinishedSqFt: 1033.00
  • Source Sq Ft: Assessor
  • Disability Access: City, Paved
  • Lower Floor 1 Bedrooms: 3
  • Furnished: None
  • Studio: No

Exterior Features

  • Exterior Construction: Frame
  • Disclosures: Covenants
  • Lot Number: E-102
  • View: Pond
  • Water Extras: Patio/Deck
  • Substructure: Slab

Garage/Parking

  • Covered Parking: 1 Car
  • OpenAreaParking: 3 Car +
  • Parking: 1 Car Assigned

Utilities

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

Condo/Co-op/Association

  • Total Number of Units: Ridgway Village West
  • HOA Fees: 1200.00
  • HOAMangmentCompanyInfo: Ridgway Village Condos
  • HOA Fees Includes: Grounds Maintenance, Insurance, Snow Removal, Trash

Fee Information

  • PaymentPer: Quarterly
  • Taxes: 1163.98

Lot Info

  • Zoning: Residential
  • Lofts: None

Tax Info

  • Tax Year: 2021

Multi Family

  • Total Numberof Units: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2022
Closed on
Oct 25, 2022
Sold by
Lawler Gregory J
Bought by
Juth Matthew and Tatem Angele H
Seller's Agent
Leslie Musselmann
Vision Real Estate Investments
Buyer's Agent
Non MLS Member
Non MLS Member
Sold Price
$450,000
Total Days on Market
0
Current Estimated Value
$479,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,140
Avg. Annual Appreciation
0.75%
Original Mortgage
$337,500
Outstanding Balance
$327,465
Interest Rate
6.02%
Mortgage Type
Balloon
Estimated Equity
$131,114

Purchase Details

Closed on
Dec 27, 2017
Sold by
Lawyer William L and Lawyer Carol M
Bought by
Lawyer Gregory J

Purchase Details

Closed on
Dec 20, 2017
Sold by
Ridgway Village Conors Llc
Bought by
Lawyer William L and Lawyer Carol M

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
Juth Matthew $450,000 Land Title Guarantee Company
Lawyer Gregory J -- Land Title Guarantee Co
Lawyer William L -- Land Title Guarantee Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Juth Matthew $337,500
Previous Owner Lawler Gregory J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2022 10/25/22 Sold $450,000 0.0% $436 / Sq Ft
10/25/2022 10/25/22 Sold $450,000 -1.1% $436 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
09/19/2022 09/19/22 Pending -- -- --
08/29/2022 08/29/22 Price Changed $455,000 -3.2% $440 / Sq Ft
08/19/2022 08/19/22 For Sale $469,900 0.0% $455 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
06/02/2022 06/02/22 Price Changed $469,900 -6.0% $455 / Sq Ft
05/14/2022 05/14/22 For Sale $499,900 -- $484 / Sq Ft
Source: Telluride Association of REALTORS®

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 $1,784 $27,990 $0 $27,990
2023 $1,784 $30,970 $0 $30,970
2022 $1,229 $18,020 $0 $18,020
2021 $1,164 $18,540 $0 $18,540
2020 $861 $14,840 $0 $14,840
2019 $861 $14,840 $0 $14,840
2018 $918 $15,260 $0 $15,260
2017 $904 $15,260 $0 $15,260
2016 $717 $11,740 $0 $11,740
2015 -- $11,740 $0 $11,740
2012 -- $14,450 $0 $14,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Telluride Association of REALTORS®

MLS Number: 40651

Telluride Association of REALTORS®

APN: R006212