NOT LISTED FOR SALE

Estimated Value: $429,154

2 Beds
2 Baths
1,140 Sq Ft
1984 Built

Sale Details

Date Sold: April 25, 2025

Last sale price $450,000 $395 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,116 / mo

37 Days on Market

Highlights

  • In Ground Pool
  • Clubhouse
  • Living Room with Fireplace
  • Mountain View
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of April 2025

Welcome 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!

Last Agent to Sell the Property

Ross Rupe

Your Castle Real Estate, LLC Listed on: 02/05/2025

Your Castle Real Estate, LLC

Last Buyer's Agent

Gayle Webster

Coldwell Banker Mountain Properties

Coldwell Banker Mountain Properties
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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 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$746

Year Built

Built in 1984

Lot Details

0 Sq Ft Lot

HOA Fees

$642 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave, Exhaust Fan
  • Class: RESIDENTIAL
  • Common Facilities: Club House, Pool, Groundskeeper, Hot Tub, Sauna
  • Em Deposit: 10000
  • Em Holder: Land Title Guarantee
  • Exterior Inclusions: Shed/Storage, Deck
  • Interior Inclusions: Window Coverings, Wired/Cable TV, Part Furnished, Ceiling Fan(s), W/D Hookup, Jetted Tub
  • Legal Lot Block: FERRINGWAY CDO PH 2 Unit: 12 DESC: BLDG C, TPP #1042-103 6 FERRINGWAY CIR #12 DURANGO 81301
  • Parcel Id Number: 566521309012
  • Price Per Sq Ft: 394.74
  • Property Description: Borders Public Land, Golf Course Near, Adj to Open Space
  • Real Estate Included: Yes
  • Sale/Rent: For Sale
  • Siding: Wood
  • Sold Price Sq Ft: 394.74
  • Street Descriptionaccess: City/Town
  • Street Designation: Circle
  • Type: Condo
  • Hoa Dogs Allowed: Yes-w/restrictions
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Provider: Charter Spectrum
  • Internet Service: Yes
  • Total Taxes Dollar: $746.48
  • Year Built: 1984
  • Foreign Owned Y N: No
  • Prop Description Remarks: Welcome 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!
  • Subdv Name: Ferringway
  • Unit Suite Number: 12
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room: Separate Dining
  • Bedrooms: 2
  • Flooring: Tile, Vinyl
  • Estimated Total Sq Ft: 1140
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Fireplace Location Type: Living Room
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Windows: Double Pane
  • Construction Type: Wood Frame
  • Pool: Community, In-Ground
  • Roof: Architectural Shingles
  • Views: Mountains

Utilities

  • Utilities: Electric, Cable TV, Internet
  • Cooling: Window A/C Unit(s)
  • Electric Supplier: La Plata Electric Association
  • Heating System: Electric Baseboard
  • Sewer Supplier: City of Durango
  • Water Heater: Electric Water Heater
  • Water Supplier: City of Durango

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Building Maintenance, Insurance, Irrigation, Landscaping, Sewer, Trash, Water, Snow Removal, Internet, Lawn, Management, Parking, Road Maintenance, WiFi, Cable TV, Hotub
  • Hoametro Fees: 1926.80
  • HOA Metro Fees Frequency: Quarterly
  • Hoa Name: Ferringway Unit Owners Association

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Partially Furnished

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Park K-5
  • Middle School: Miller 6-8

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2025
Closed on
Apr 25, 2025
Sold by
Bought by
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
$429,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,846
Avg. Annual Appreciation
-3.67%
Original Mortgage
$250,000
Outstanding Balance
$246,814
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$182,340

Purchase Details

Closed on
Nov 18, 2016
Sold by
Bought by

Purchase Details

Closed on
May 23, 2005
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$450,000 Land Title
$210,000 Land Title
$166,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,331 $24,620 $24,620
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
2017 $505 $14,210 $0 $14,210
2015 $180 $13,110 $0 $13,110
2014 $180 $11,340 $0 $11,340
2013 -- $11,340 $0 $11,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 820996

Colorado Real Estate Network (CREN)

APN: R020911

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