R
Seller's Agent in 2025
Ross Rupe
Your Castle Real Estate, LLC
(316) 641-0915
4 Total Sales
Ferringway Condominiums 6 Ferringway Cir Unit 12 Durango, CO 81301
2
Beds
2
Baths
1,140
Sq Ft
$642/mo
HOA Fee
Highlights
- In Ground Pool
- Mountain View
- Deck
- Park Elementary School Rated A-
- Clubhouse
- Living Room with Fireplace
About This Home
As of April 2025Welcome to this beautifully maintained and recently updated 2-bedroom, 2-bath, single level condo. Currently operating as a successful Airbnb, this property is a fantastic investment opportunity or the perfect place for a first-time homebuyer. Inside, you'll find a spacious and inviting layout with plenty of natural light, a well-equipped kitchen, wood-burning fireplace, and cozy living spaces designed for comfort. Both bedrooms offer ample space, while the two full bathrooms ensure convenience for residents and guests alike. The primary bedroom has an ensuite bathroom with a jetted tub, and in-wall electric heat. The unit was recently updated with new LVT floors, updated appliances, and new paint. This unit comes partially furnished and includes everything needed to continue operating as a short-term rental. Enjoy access to top-notch amenities, including a pool, hot tub, and sauna, all just a short walk away—perfect for relaxing after a day of adventure. Also conveniently located, the complex is only 5 minutes from downtown, while also providing unparalleled access to the Horse Gulch trail system located right behind the complex. Motivated seller. Whether you're looking for a turnkey short-term rental or a place to call home, this condo is a must-see! Don't miss out on this prime Durango location—schedule your showing today!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $746
Year Built
- Built in 1984
HOA Fees
- $642 Monthly HOA Fees
Home Design
- Architectural Shingle Roof
- Wood Siding
Interior Spaces
- 1,140 Sq Ft Home
- Partially Furnished
- Ceiling Fan
- Double Pane Windows
- Window Treatments
- Living Room with Fireplace
- Formal Dining Room
- Mountain Views
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Outdoor Features
- In Ground Pool
- Deck
- Shed
Schools
- Park K-5 Elementary School
- Miller 6-8 Middle School
- Durango 9-12 High School
Utilities
- Window Unit Cooling System
- Vented Exhaust Fan
- Baseboard Heating
- Water Heater
- Internet Available
- Cable TV Available
Additional Features
- Open Space
- Property is near a golf course
Listing and Financial Details
- Assessor Parcel Number 566521309012
Community Details
Overview
- Association fees include building maintenance, insurance, irrigation, landscaping, sewer, trash, water, snow removal, internet, lawn, management, parking, road maintenance, wifi, cable TV, hotub
- Ferringway Unit Owners Association
- Ferringway Subdivision
- On-Site Maintenance
- Property is near a preserve or public land
Amenities
- Sauna
- Clubhouse
Recreation
- Community Pool
- Community Spa
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 5, 2025
Closed on
Apr 25, 2025
Sold by
Deraad Casey A
Bought by
Ogburn Matthew P and Ogburn Lesley M
Seller's Agent
Ross Rupe
Your Castle Real Estate, LLC
Buyer's Agent
Gayle Webster
Coldwell Banker Mountain Properties
List Price
$465,000
Sold Price
$450,000
Premium/Discount to List
-$15,000
-3.23%
Views
57
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,454
Avg. Annual Appreciation
2.78%
Original Mortgage
$250,000
Outstanding Balance
$248,890
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$206,564
Purchase Details
Closed on
Nov 18, 2016
Sold by
Ayyar Shanker and Ayyar Radhika
Bought by
Granite Peak Investments Llc
Purchase Details
Closed on
May 23, 2005
Sold by
Rock Barbara
Bought by
Coalmer Dale E and Coalmer Salli S
Purchase Details
Closed on
Jan 28, 1994
Bought by
Granite Peak Investments Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $450,000 | Land Title | |
| Warranty Deed | $210,000 | Land Title | |
| Warranty Deed | $166,000 | None Available | |
| Warranty Deed | $79,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $250,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/25/2025 04/25/25 | Sold | $450,000 | -3.2% | $395 / Sq Ft |
| 03/14/2025 03/14/25 | Pending | -- | -- | -- |
| 02/05/2025 02/05/25 | For Sale | $465,000 | -- | $408 / Sq Ft |
Source: Colorado Real Estate Network (CREN)
Tax History Compared to Growth
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 | $746 | $25,140 | -- | $25,140 |
| 2024 | $635 | $15,800 | -- | $15,800 |
| 2023 | $635 | $18,660 | $0 | $18,660 |
| 2022 | $664 | $20,210 | $0 | $20,210 |
| 2021 | $667 | $16,810 | $0 | $16,810 |
| 2020 | $577 | $15,020 | $0 | $15,020 |
| 2019 | $552 | $15,020 | $0 | $15,020 |
| 2018 | $516 | $14,210 | $0 | $14,210 |
Source: Public Records
Agents Affiliated with this Home
-
Ross Rupe
-
Gayle Webster
Buyer's Agent in 2025
Gayle Webster
Coldwell Banker Mountain Properties
(970) 903-8815
77 Total Sales
About Ferringway Condominiums
Map
Source: Colorado Real Estate Network (CREN)
MLS Number: 820996
APN: R020911
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