NOT LISTED FOR SALE

540 Redcliff Cir Unit E201 Ridgway, CO 81432

Estimated Value: $319,000 - $369,000

1 Bed
1 Bath
692 Sq Ft
$482/Sq Ft Est. Value

Last Sold July 21, 2016

Last sale price $140,000 $202 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $2,204/month

About This Home

As of July 2016

Lovely Condo looking over Pond and into Ouray Valley Corridor. Great Southern exposure and easy ground floor access to covered carport and storage unit. Stainless steel appliances and complimentary countertops and kitchen tile. Laundry room is ready for your washer/dryer. Ridgway Village West, Phase II is located just East of Hwy 62 within a short walk of downtown Ridgway. The complex offers beautiful views of Ouray Valley and the surrounding mountains and provides an excellent opportunity for locals seeking affordable home ownership. Spacious floorplans with high-end finishes such as granite counter-tops, tile floors and stainless appliances. Common areas include a pond, walking paths and a playground.

Last Agent to Sell the Property

Kari

PONDEROSA REAL ESTATE Listed on: 05/05/2016

Last Buyer's Agent

Non MLS Member

Non MLS Member

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $377

Year Built

  • Built in 2008

Lot Details

  • 610

HOA Fees

  • $290 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Home Design

  • 692 Sq Ft Home

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Community Details

  • Association fees include grounds maintenance, insurance, management, trash
  • 8 Units

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$377

Year Built

Built in 2008

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • Directions: Northeast of intersection of Hwy 550 and Hwy 62 - take Redcliff Drive to Redcliff Circle
  • Listing Member Name: Kari
  • Listing Office Short Id: POND
  • Major Area: 70
  • Open House Office I D: 20081028201314444288000000
  • Prop. Type: Condo
  • Selling Member Short Id: nonmem1
  • Selling Office Short Id: Nonmem
  • Home Age: 4 - 7 Years
  • Deed Restrict: None
  • Property Sub Type: Town Homes
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Elec Oven/Range, Microwave
  • EstFinishedSqFt: 692.00
  • Source Sq Ft: Developer
  • Lower Floor 1 Bedrooms: 1

Exterior Features

  • Disclosures: Covenants

Garage/Parking

  • Covered Parking: 1 Car
  • Parking: 1 Car

Utilities

  • Electric: Power Company
  • Gas Company: Natural
  • Hot Water: Public

Condo/Co-op/Association

  • Total Number of Units: Ridgway Village West
  • HOA Fees: 869.00
  • HOA Fees Includes: Grounds Maintenance, Insurance, Management, Trash

Fee Information

  • PaymentPer: Quarterly
  • Taxes: 377.34

Lot Info

  • Zoning: Residential
  • Lofts: None

Tax Info

  • Tax Year: 2015

Multi Family

  • Total Numberof Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2019
Sold by
Gray Oliver Melissa
Bought by
Jones Debra S
Current Estimated Value
$333,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,166,840
Outstanding Balance
$1,035,696
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
-$694,519

Purchase Details

Listed on
May 5, 2016
Closed on
Jun 23, 2016
Sold by
Ridgway Village Condos Llc
Bought by
Oliver Melissa Gray
Seller's Agent
Kari
PONDEROSA REAL ESTATE
Buyer's Agent
Non MLS Member
Non MLS Member
Sold Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.36%
Original Mortgage
$112,000
Interest Rate
3.6%
Mortgage Type
New Conventional
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
Jones Debra S $172,000 Colorado Ttl & Closing Svcs
Oliver Melissa Gray $140,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Debra S $1,166,840
Previous Owner Oliver Melissa Gray $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2016 07/21/16 Sold $140,000 -- $202 / Sq Ft
05/05/2016 05/05/16 Pending -- -- --
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 $874 $13,720 $0 $13,720
2023 $874 $16,560 $0 $16,560
2022 $784 $11,500 $0 $11,500
2021 $743 $11,830 $0 $11,830
2020 $521 $8,980 $0 $8,980
2019 $521 $8,980 $0 $8,980
2018 $369 $6,130 $0 $6,130
2017 $363 $6,130 $0 $6,130
2016 $377 $6,180 $0 $6,180
2015 -- $6,180 $0 $6,180
2012 -- $10,230 $0 $10,230
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kari

    PONDEROSA REAL ESTATE

  • N

    Buyer's Agent in 2016

    Non MLS Member

    Non MLS Member

See All Agents

Map

Source: Telluride Association of REALTORS®

MLS Number: 32445

Telluride Association of REALTORS®

APN: R006215

Colorado Ouray County Ridgway 81432

540 Redcliff Cir Unit E201, Ridgway, CO

This home is located at 540 Redcliff Cir Unit E201, Ridgway, CO 81432 since 05 May 2016 and is currently estimated at $333,280, approximately $481 per square foot. This property was built in 2008. 540 Redcliff Cir Unit E201 is a home located in Ouray County with nearby schools including Ridgway Elementary School, Ridgway Middle School, and Ridgway High School.

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