$405,000
SOLD OCT 11, 2024

Ferringway Condominiums 6 Ferringway Cir Unit 15 Durango, CO 81301

2 Beds
2 Baths
1,040 Sq Ft
$546/mo HOA Fee

Recently Sold

$389 Per Sq Ft

1% Below List Price

3 Days on Market

Highlights

  • Near a National Forest
  • Clubhouse
  • Living Room with Fireplace
  • Park Elementary School Rated A-
  • Deck
  • Sauna

About This Home

As of October 2024

Don't miss out on owning a Ferringway Condo. They rarely come on the market. This two bedroom two bath condo offers beautiful views to the north from living room and master bedroom upstairs. The first level has a living room/dining area with wood burning fireplace; full kitchen with new stainless appliances; one bedroom with large closet, full bathroom and laundry area with washer/dryer. Upstairs offers a large master bedroom with spacious closet, full bathroom and large storage closet. Ferringway is the only condo complex in-town Durango offering full flexibility in ownership - full time occupancy, excellent investment opportunity for long term or short term rentals. Backs up to great hiking and biking trails, downtown, across from Ft Lewis College. Transfer fee $200; Buyers Contribution to Reserves $200; doc fee $100. Ferringway has a clubhouse with locker rooms, sauna, pool open during summer months, hot tub open year round, grills in the pool area. HOA dues include professional management, reserve contributions, exterior maintenance, water & sewer, trash, CABLE & INTERNET, landscaping, snow removal and maintenance of the clubhouse and pool area

Last Agent to Sell the Property

Vicki Alper

The Columbine Group, LLC Listed on: 06/07/2024

Last Buyer's Agent

Daniel Chowen

Coldwell Banker Mountain Properties

Coldwell Banker Mountain Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $601

Year Built

  • Built in 1984

HOA Fees

  • $546 Monthly HOA Fees

Home Design

  • Cedar Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Fireplace With Glass Doors
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Baseboard Heating
  • Water Heater
  • Internet Available
  • Cable TV Available

Additional Features

  • Deck
  • Property is near a golf course

Listing and Financial Details

  • Assessor Parcel Number 566521309015

Community Details

Overview

  • Association fees include building maintenance, insurance, irrigation, landscaping, sewer, trash, water, snow removal, internet, management, wifi, cable TV
  • Ferringway Unit Owners Association
  • Ferringway Subdivision
  • Near a National Forest

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$601

Year Built

Built in 1984

Lot Details

0

HOA Fees

$546 per month

Listing Details

  • Appliance Inclusions: Refrigerator, Washer, Dishwasher, Dryer, Microwave, Range/Oven
  • Class: RESIDENTIAL
  • Common Facilities: Club House, Pool, Sauna, Hot Tub
  • Em Deposit: 7500
  • Em Holder: Colorado Title
  • Exterior Inclusions: Deck
  • Interior Inclusions: Part Furnished
  • Legal Lot Block: Ferringway CDO PH 2 UNIT: 15 DESC: BLDG C 6 #15 Durango 81301
  • Parcel Id Number: 566521309015
  • Price Per Sq Ft: 389.42
  • Property Description: Golf Course Near, Borders National Forest
  • Real Estate Included: Yes
  • Realist Id: 5665-213-09-015
  • Residence Stories: Two Story
  • Sale/Rent: For Sale
  • Siding: Cedar
  • Sold Price Sq Ft: 389.42
  • Street Descriptionaccess: City/Town
  • Street Designation: Circle
  • Type: Condo
  • Hoa Dogs Allowed: Yes-w/restrictions
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Provider: Spectrum/Charter
  • Internet Service: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 601.28
  • Year Built: 1984
  • Foreign Owned Y N: No
  • Prop Description Remarks: Don't miss out on owning a Ferringway Condo. They rarely come on the market. This two bedroom two bath condo offers beautiful views to the north from living room and master bedroom upstairs. The first level has a living room/dining area with wood burning fireplace; full kitchen with new stainless appliances; one bedroom with large closet, full bathroom and laundry area with washer/dryer. Upstairs offers a large master bedroom with spacious closet, full bathroom and large storage closet. Ferringway is the only condo complex in-town Durango offering full flexibility in ownership - full time occupancy, excellent investment opportunity for long term or short term rentals. Backs up to great hiking and biking trails, downtown, across from Ft Lewis College. Transfer fee $200; Buyers Contribution to Reserves $200; doc fee $100. Ferringway has a clubhouse with locker rooms, sauna, pool open during summer months, hot tub open year round, grills in the pool area. HOA dues include professional management, reserve contributions, exterior maintenance, water & sewer, trash, CABLE & INTERNET, landscaping, snow removal and maintenance of the clubhouse and pool area
  • Subdv Name: Ferringway
  • Unit Suite Number: 15
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 19

Interior Features

  • Dining Room: Living Room Dining
  • Bedrooms: 2
  • Flooring: Carpet-Partial, Laminate
  • Estimated Total Sq Ft: 1040
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Fireplace Location Type: Living Room, Glass Doors
  • Master Bedroom Level: Upper Level
  • Total Office Den: 0

Exterior Features

  • Pool: Community

Utilities

  • Utilities: Electric, Cable TV, Internet
  • 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, Management, WiFi, Cable TV
  • Hoametro Fees: 1639
  • HOA Metro Fees Frequency: Quarterly
  • Hoa Name: Ferringway Unit Owners Association

Schools

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

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Partially Furnished

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Park K-5
  • Middle School: Miller 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%
Total Days on Market
3
Views
23
Current Estimated Value
$411,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,465
Avg. Annual Appreciation
1.05%
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

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Range of Values:

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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

  • V

    Seller's Agent in 2024

    Vicki Alper

    The Columbine Group, LLC

  • D

    Buyer's Agent in 2024

    Daniel Chowen

    Coldwell Banker Mountain Properties

  • R

    Buyer Co-Listing Agent in 2024

    Robert Overfield

    Coldwell Banker Mountain Properties

  • B

    Seller's Agent in 2020

    Bert Perry

    Coldwell Banker Heritage House

  • K

    Buyer's Agent in 2020

    Karen Overington

    Keller Williams Realty Southwest Associates, LLC

See All Agents

About Ferringway Condominiums

Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 814528

Colorado Real Estate Network (CREN)

APN: R020914

Colorado La Plata County Durango 81301

6 Ferringway Cir Unit 15, Durango, CO

This home is located at 6 Ferringway Cir Unit 15, Durango, CO 81301 and is currently priced at $405,000, approximately $389 per square foot. This property was built in 1984. 6 Ferringway Cir Unit 15 is a home located in La Plata County with nearby schools including Park Elementary School, Escalante Middle School, and Durango High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Colorado Real Estate Network (CREN) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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