NOT LISTED FOR SALE

Ferringway Condominiums 6 Ferringway Cir Unit 25 Durango, CO 81301

Estimated Value: $436,763 - $484,000

2 Beds
2 Baths
1,140 Sq Ft
$506/mo HOA Fee

Last Sold January 21, 2024

Last sale price $421,500 $370 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,086/month

64 Days on Market

About This Home

As of January 2024

This stunning, 2 bedroom 2 bathroom Drake style condo has been fully renovated. Hardwood flooring in living room, dining room and hall; kitchen has like new black stainless appliances, beautiful porcelain tile floors and counters; The condo is located in a quiet setting in the center of the complex. Ferringway Condominiums offers a outdoor pool and hot tub, clubhouse and sauna. Complex backs up to numerous hiking and biking trails, close to Ft Lewis College and Hillcrest Golf Course; only minutes to downtown. Ferringway makes a wonderful home or investment. This is the first Ferringway offering in over a year. Don't miss out.

Last Listed By

Vicki Alper

The Columbine Group, LLC Listed on: 09/25/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $751

Year Built

  • Built in 1984

HOA Fees

  • $506 Monthly HOA Fees

Interior Spaces

  • 1,140 Sq Ft Home
  • Partially Furnished

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Internet Available

Community Details

  • Ferringway Unit Owners Association
  • Ferringway Subdivision

Listing and Financial Details

  • Assessor Parcel Number 566521309025

Property Details

Home Type

Condominium

Est. Annual Taxes

$751

Year Built

Built in 1984

Lot Details

0

HOA Fees

$506 per month

Listing Details

  • Class: RESIDENTIAL
  • Em Deposit: 7500.00
  • Em Holder: Colorado Title & Closing
  • Legal Lot Block: Subdivision: FERRINGWAY CDO PH 2 Unit: 25 DESC: BLDG E 6 Ferringway #25 Durango 81301
  • Parcel Id Number: 566521309025
  • Price Per Sq Ft: 369.74
  • Real Estate Included: Yes
  • Realist Id: 5665-213-09-025
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 369.74
  • 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: 751.00
  • Year Built: 1984
  • Foreign Owned Y N: No
  • Prop Description Remarks: This stunning, 2 bedroom 2 bathroom Drake style condo has been fully renovated. Hardwood flooring in living room, dining room and hall; kitchen has like new black stainless appliances, beautiful porcelain tile floors and counters; The condo is located in a quiet setting in the center of the complex. Ferringway Condominiums offers a outdoor pool and hot tub, clubhouse and sauna. Complex backs up to numerous hiking and biking trails, close to Ft Lewis College and Hillcrest Golf Course; only minutes to downtown. Ferringway makes a wonderful home or investment. This is the first Ferringway offering in over a year. Don't miss out.
  • Subdv Name: Ferringway
  • Unit Suite Number: #25
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bedrooms: 2
  • Estimated Total Sq Ft: 1140
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Office Den: 0

Utilities

  • Electric Supplier: La Plata Electric Association
  • Sewer Supplier: City of Durango
  • Water Supplier: City of Durango

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 1518.00
  • 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: 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
Sep 25, 2023
Closed on
Jan 12, 2024
Sold by
L Qube Corporation
Bought by
Tuggle Emily Anne and Tuggle James Lynn
Seller's Agent
Vicki Alper
The Columbine Group, LLC
Buyer's Agent
Jon Burden
HomeSmart
List Price
$421,500
Sold Price
$421,500
Total Days on Market
64
Views
201
Current Estimated Value
$455,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,441
Avg. Annual Appreciation
6.28%
Original Mortgage
$295,050
Outstanding Balance
$291,427
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$164,514

Purchase Details

Listed on
Jul 13, 2020
Closed on
Oct 29, 2020
Sold by
Caton Gregory L
Bought by
L Qube Corporation
Seller's Agent
Andy Ratcliffe
The Wells Group of Durango, LLC
Buyer's Agent
Thad Trujillo
The Wells Group of Durango, LLC
List Price
$249,000
Sold Price
$230,000
Premium/Discount to List
-$19,000
-7.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.63%

Purchase Details

Listed on
Jul 13, 2020
Closed on
Oct 26, 2020
Sold by
Caton Gregory L
Bought by
L Qube Corporation
Seller's Agent
Andy Ratcliffe
The Wells Group of Durango, LLC
Buyer's Agent
Thad Trujillo
The Wells Group of Durango, LLC
List Price
$249,000
Sold Price
$230,000
Premium/Discount to List
-$19,000
-7.63%

Purchase Details

Listed on
Jul 13, 2015
Closed on
Jul 14, 2015
Sold by
Lazarev Gregory
Bought by
Caton Gregory L
Seller's Agent
Durango NON MEMBER
NON-MEMBER/FSBO Durango
Buyer's Agent
Andy Ratcliffe
The Wells Group of Durango, LLC
List Price
$187,000
Sold Price
$187,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.98%
Original Mortgage
$96,975
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2006
Sold by
Tovrea Gaylen L and Tovrea Jeanie M
Bought by
Lazarev Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,200
Interest Rate
6.56%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 6, 1999
Bought by
Caton Gregory L

Range of Values:

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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
Tuggle Emily Anne $421,500 None Listed On Document
L Qube Corporation $230,000 Title Durang
L Qube Corporation $320,000 Durango Title
Caton Gregory L $187,000 Stewart Title
Lazarev Gregory $189,500 Land Title
Caton Gregory L $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tuggle Emily Anne $295,050
Previous Owner Caton Gregory L $121,601
Previous Owner Caton Gregory L $96,975
Previous Owner Caton Gregory L $35,000
Previous Owner Lazarev Gregory $180,000
Previous Owner Lazarev Gregory $32,200
Previous Owner Lazarev Gregory $151,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2024 01/21/24 Sold $421,500 0.0% $370 / Sq Ft
11/28/2023 11/28/23 Pending -- -- --
10/07/2023 10/07/23 For Sale $421,500 0.0% $370 / Sq Ft
10/01/2023 10/01/23 Pending -- -- --
09/25/2023 09/25/23 For Sale $421,500 +83.3% $370 / Sq Ft
10/29/2020 10/29/20 Sold $230,000 -1.7% $217 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
09/09/2020 09/09/20 Price Changed $234,000 -2.1% $221 / Sq Ft
08/18/2020 08/18/20 Price Changed $239,000 -2.0% $226 / Sq Ft
08/03/2020 08/03/20 Price Changed $244,000 -2.0% $230 / Sq Ft
07/13/2020 07/13/20 For Sale $249,000 +33.2% $235 / Sq Ft
07/13/2015 07/13/15 Sold $187,000 0.0% $177 / Sq Ft
07/13/2015 07/13/15 For Sale $187,000 -- $177 / Sq Ft
05/30/2015 05/30/15 Pending -- -- --
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 $627 $15,610 -- $15,610
2023 $627 $18,470 $0 $18,470
2022 $658 $20,010 $0 $20,010
2021 $661 $16,650 $0 $16,650
2020 $572 $14,870 $0 $14,870
2019 $547 $14,870 $0 $14,870
2018 $516 $14,210 $0 $14,210
2017 $505 $14,210 $0 $14,210
Source: Public Records

Agents Affiliated with this Home

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Source: Colorado Real Estate Network (CREN)

MLS Number: 808236

Colorado Real Estate Network (CREN)

APN: R020924