NOT LISTED FOR SALE

Ferringway Condominiums 6 Ferringway Cir Unit 18 Durango, CO 81301

Estimated Value: $433,004 - $457,000

2 Beds
2 Baths
1,150 Sq Ft
$584/mo HOA Fee

Last Sold December 20, 2024

Last sale price $450,000 $391 Per Sq Ft

Current estimated payment $3,125/month

6 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Deck
  • Park Elementary School Rated A-
  • Clubhouse
  • Furnished

About This Home

As of December 2024

This very desirable 'Drake' style 2 bedroom 2 bath, all on one level condo has not been offered for sale in over 20 years. It is situated in the perfect location close to the pool and hot tub area with beautiful views of the surrounding area. This property offers a spacious living room with separate dining and kitchen that flows nicely together. The kitchen features newer stainless appliances. The wood burning fireplace is perfect to create cozy nights during the winter months. The master bedroom and bath are good size with large closets in the bedroom. The second bedroom is adjacent to another bath offering privacy for everyone. A laundry area is in the hallway. This property has been beautifully decorated and is being sold completely turn key. Ferringway offers unique ownership flexibility. Full time residency, second home or short term rentals. Ferringway is the only condominium complex in Durango allowing for short term rental opportunities and has been an oasis for vacationers for many years. Ferringway is minutes from Ft. Lewis College, Hillcrest Golf Course and downtown. Just behind Ferringway are hiking and biking trails.

Last Listed By

Vicki Alper

The Columbine Group, LLC Listed on: 11/02/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $618

Year Built

  • Built in 1983

HOA Fees

  • $584 Monthly HOA Fees

Interior Spaces

  • 1,150 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Double Pane Windows
  • Window Treatments
  • Formal Dining Room
  • Carpet
  • Mountain Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Vented Exhaust Fan
  • Baseboard Heating
  • Water Heater
  • Internet Available
  • Cable TV Available

Additional Features

  • Deck
  • Open Space

Listing and Financial Details

  • Assessor Parcel Number 566521309018

Community Details

Overview

  • Association fees include building maintenance, insurance, irrigation, landscaping, sewer, trash, water, snow removal, internet, management, road maintenance, wifi, cable TV
  • Ferringway Unit Owners Association
  • Ferringway Subdivision
  • Property is near a preserve or public land

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$618

Year Built

Built in 1983

Lot Details

0

HOA Fees

$584 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave, Exhaust Fan
  • Class: RESIDENTIAL
  • Common Facilities: Club House, Hot Tub
  • Em Deposit: 10000
  • Em Holder: colorado Tile
  • Exterior Inclusions: Deck
  • Interior Inclusions: Window Coverings, All Furnishings
  • Legal Lot Block: Ferringway Condo Unit: 18 DESC: Bldg D2, TPP #1044-034 6 Ferringway Cir #18 Durango 81301
  • Parcel Id Number: 566521309018
  • Price Per Sq Ft: 391.3
  • Property Description: Borders Public Land, Adj to Open Space
  • Real Estate Included: Yes
  • Realist Id: 5665-213-09-018
  • Residence Stories: One Story
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 391.3
  • 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
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 618.16
  • Year Built: 1983
  • Foreign Owned Y N: No
  • Prop Description Remarks: This very desirable 'Drake' style 2 bedroom 2 bath, all on one level condo has not been offered for sale in over 20 years. It is situated in the perfect location close to the pool and hot tub area with beautiful views of the surrounding area. This property offers a spacious living room with separate dining and kitchen that flows nicely together. The kitchen features newer stainless appliances. The wood burning fireplace is perfect to create cozy nights during the winter months. The master bedroom and bath are good size with large closets in the bedroom. The second bedroom is adjacent to another bath offering privacy for everyone. A laundry area is in the hallway. This property has been beautifully decorated and is being sold completely turn key. Ferringway offers unique ownership flexibility. Full time residency, second home or short term rentals. Ferringway is the only condominium complex in Durango allowing for short term rental opportunities and has been an oasis for vacationers for many years. Ferringway is minutes from Ft. Lewis College, Hillcrest Golf Course and downtown. Just behind Ferringway are hiking and biking trails.
  • Subdv Name: Ferringway
  • Unit Suite Number: 18
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 17

Interior Features

  • Dining Room: Separate Dining
  • Bedrooms: 2
  • Flooring: Carpet-Partial
  • Estimated Total Sq Ft: 1150
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Office Den: 0

Exterior Features

  • Windows: Double Pane
  • Pool: Community, In-Ground
  • Views: Mountains

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, Road Maintenance, WiFi, Cable TV
  • Hoametro Fees: 1752.00
  • 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: 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
Nov 2, 2024
Closed on
Dec 20, 2024
Sold by
Ronald A Friedman Md Inc
Bought by
Bozich Michael Joseph
Seller's Agent
Vicki Alper
The Columbine Group, LLC
Buyer's Agent
Christina Rinderle
Durango Land and Homes
List Price
$449,000
Sold Price
$450,000
Premium/Discount to List
$1,000
0.22%
Total Days on Market
6
Views
5
Current Estimated Value
$449,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$999
Avg. Annual Appreciation
-0.60%
Original Mortgage
$360,000
Outstanding Balance
$359,692
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$89,309

Purchase Details

Closed on
Jan 24, 1995
Bought by
Ronald A Friedman Md Inc

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Bozich Michael Joseph $450,000 None Listed On Document
Ronald A Friedman Md Inc $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bozich Michael Joseph $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $450,000 +0.2% $391 / Sq Ft
11/08/2024 11/08/24 Pending -- -- --
11/02/2024 11/02/24 For Sale $449,000 -- $390 / 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
2024 $618 $15,380 -- $15,380
2023 $618 $18,240 $0 $18,240
2022 $651 $19,780 $0 $19,780
2021 $653 $16,460 $0 $16,460
2020 $565 $14,700 $0 $14,700
2019 $541 $14,700 $0 $14,700
2018 $516 $14,210 $0 $14,210
2017 $505 $14,210 $0 $14,210
2016 $428 $13,120 $0 $13,120
2015 $360 $13,120 $0 $13,120
2014 $360 $11,320 $0 $11,320
2013 -- $11,320 $0 $11,320
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2024

    Vicki Alper

    The Columbine Group, LLC

    (970) 946-7123

    30 Total Sales

    Vicki Alper
    Section Image
  • Christina Rinderle

    Buyer's Agent in 2024

    Christina Rinderle

    Durango Land and Homes

    (970) 946-2279

    327 Total Sales

    Christina Rinderle
    Section Image
See All Agents

About Ferringway Condominiums

Map

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Source: Colorado Real Estate Network (CREN)

MLS Number: 819158

Colorado Real Estate Network (CREN)

APN: R020917

Colorado La Plata County Durango 81301

6 Ferringway Cir Unit 18, Durango, CO

Homes for Sale in Durango, CO

This home is located at 6 Ferringway Cir Unit 18, Durango, CO 81301 since 02 November 2024 and is currently estimated at $449,001, approximately $390 per square foot. This property was built in 1983. 6 Ferringway Cir Unit 18 is a home located in La Plata County with nearby schools including Park Elementary School, Escalante Middle School, and Durango High School.

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