$233,000
SOLD SEP 24, 2020
2 Beds
2 Baths
978 Sq Ft
$430/mo HOA Fee

Recently Sold

$238 Per Sq Ft

5% Below List Price

Highlights

  • Mountain View
  • Clubhouse
  • Den with Fireplace
  • Park Elementary School Rated A-
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of October 2024

Great investment opportunity in Durango. The Ferringway condominiums are one of the few condo complexes in Durango that allow for short-term/nightly rentals. This bright and sunny unit is the Commodore floor plan. The living room features a vaulted ceiling, wood burning fireplace and lots of natural light. One of the bedrooms is located on the main level, which also includes a full bathroom. The second bedroom is located on the upper level loft and has it's own full bathroom. There are views of Animas Mountain. Unit comes furnished and has a exterior storage closet off of the deck. Ferringway has a pool, clubhouse, hot tub, sauna, and is located a short distance from Fort Lewis College and the Hillcrest Golf Course.

Last Agent to Sell the Property

Bert Perry

Coldwell Banker Heritage House Listed on: 06/19/2020

Last Buyer's Agent

Karen Overington

Keller Williams Realty Southwest Associates, LLC

Keller Williams Realty Southwest Associates, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $536

Year Built

  • Built in 1984

HOA Fees

  • $430 Monthly HOA Fees

Interior Spaces

  • 978 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Den with Fireplace
  • Mountain Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Park K-5 Elementary School
  • Escalante 6-8 Middle School
  • Durango 9-12 High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 566521309015

Community Details

Overview

  • Association fees include building maintenance, irrigation, landscaping, sewer, trash, water, internet, lawn, cable TV
  • Ferringway Unit Owners Association
  • Ferringway Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$536

Year Built

Built in 1984

Lot Details

0

HOA Fees

$430 per month

Listing Details

  • Appliance Inclusions: Refrigerator, Washer, Dishwasher, Dryer, Microwave, Range/Oven
  • Class: RESIDENTIAL
  • Common Facilities: Club House, Pool, Hot Tub
  • Em Deposit: 5000
  • Em Holder: Land Title Guarantee
  • Exterior Inclusions: Deck
  • Interior Inclusions: Ceiling Fan(s)
  • Legal Lot Block: Subdivision: FERRINGWAY CDO PH 2 Unit: 15 DESC: BLDG C 6 FERRINGWAY CIR #15 DURANGO 81301
  • Parcel Id Number: 566521309015
  • Price Per Sq Ft: 238.24
  • Real Estate Included: Yes
  • Realist Id: 5665-213-09-015
  • Residence Stories: Two Story
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 238.24
  • 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: 535.80
  • Year Built: 1984
  • Foreign Owned Y N: No
  • Prop Description Remarks: Great investment opportunity in Durango. The Ferringway condominiums are one of the few condo complexes in Durango that allow for short-term/nightly rentals. This bright and sunny unit is the Commodore floor plan. The living room features a vaulted ceiling, wood burning fireplace and lots of natural light. One of the bedrooms is located on the main level, which also includes a full bathroom. The second bedroom is located on the upper level loft and has it's own full bathroom. There are views of Animas Mountain. Unit comes furnished and has a exterior storage closet off of the deck. Ferringway has a pool, clubhouse, hot tub, sauna, and is located a short distance from Fort Lewis College and the Hillcrest Golf Course.
  • Subdv Name: Ferringway
  • Unit Suite Number: 15
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 19

Interior Features

  • Bedrooms: 2
  • Flooring: Carpet-Partial, Laminate
  • Estimated Total Sq Ft: 978
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Fireplace Location Type: Den/Family Room
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Views: Mountains

Utilities

  • 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, Irrigation, Landscaping, Sewer, Trash, Water, Internet, Lawn, Cable TV
  • Hoametro Fees: $1290
  • HOA Metro Fees Frequency: Quarterly
  • Hoa Name: Ferringway Unit Owners Association

Schools

  • Elementary School: Park K-5
  • Middle School: Escalante 6-8
  • High School: Durango 9-12
  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Oct 11, 2024
Sold by
Hoover Kathryn
Bought by
Cosio Joshua R and Cosio Madison N
Seller's Agent
Vicki Alper
The Columbine Group, LLC
Buyer's Agent
Daniel Chowen
Coldwell Banker Mountain Properties
List Price
$409,000
Sold Price
$405,000
Premium/Discount to List
-$4,000
-0.98%
Views
23
Current Estimated Value
$418,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,358
Avg. Annual Appreciation
0.93%
Original Mortgage
$303,000
Outstanding Balance
$300,408
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$108,039

Purchase Details

Listed on
Jun 19, 2020
Closed on
Sep 24, 2020
Sold by
Smith Michael C and Smith Kathryn R
Bought by
Hoover Kathryn
Seller's Agent
Bert Perry
Coldwell Banker Heritage House
Buyer's Agent
Karen Overington
Keller Williams Realty Southwest Associates, LLC
List Price
$245,000
Sold Price
$233,000
Premium/Discount to List
-$12,000
-4.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.63%

Purchase Details

Closed on
Jun 1, 2018
Sold by
Neal Eric D and Neal Jennifer L
Bought by
Smith Michael C and Smith Kathryn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 3, 2014
Sold by
Kathleen L Hodges Trust
Bought by
Smith Stephen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,750
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 16, 2006
Sold by
Cooney Properties 4 Llc
Bought by
Hodges Kathleen

Purchase Details

Closed on
Feb 14, 2005
Sold by
Edlin Mailand and Edlin Matthew S
Bought by
Cooney Properties 4 Llc

Purchase Details

Closed on
Sep 18, 1998
Bought by
Neal Eric D and Neal Jennifer L
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Special Warranty Deed $405,000 None Listed On Document
Special Warranty Deed $233,000 Land Title
Warranty Deed $200,000 Land Title Guarantee Co
Warranty Deed $173,000 Land Title Guarantee Company
Special Warranty Deed -- None Available
Warranty Deed $142,500 None Available
Warranty Deed $86,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $303,000 New Conventional
Previous Owner $160,000 Commercial
Previous Owner $129,750 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2024 10/11/24 Sold $405,000 -1.0% $389 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $409,000 +75.5% $393 / Sq Ft
09/24/2020 09/24/20 Sold $233,000 -2.9% $238 / Sq Ft
08/13/2020 08/13/20 Pending -- -- --
08/05/2020 08/05/20 Price Changed $239,900 -2.1% $245 / Sq Ft
06/19/2020 06/19/20 For Sale $245,000 -- $251 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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
2025 $707 $24,050 -- $24,050
2024 $601 $14,960 -- $14,960
2023 $601 $17,810 $0 $17,810
2022 $639 $19,340 $0 $19,340
2021 $642 $16,180 $0 $16,180
2020 $560 $14,570 $0 $14,570
2019 $536 $14,570 $0 $14,570
2018 $498 $13,710 $0 $13,710
2017 $487 $13,710 $0 $13,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 771005

Colorado Real Estate Network (CREN)

APN: R020914