NOT LISTED FOR SALE

Ferringway Condominiums 6 Ferringway Cir Unit 40 Durango, CO 81301

Estimated Value: $402,000 - $455,000

2 Beds
2 Baths
959 Sq Ft
$448/mo HOA Fee

Last Sold October 29, 2021

Last sale price $318,000 $332 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,806/month

Highlights

  • Mountain View
  • Community Pool
  • Carpet
  • Park Elementary School Rated A-
  • Baseboard Heating

About This Home

As of October 2021

Welcome to one of Durango’s highly sought-after condominium associations located right on town. Ferringway Condos are near amenities in the heart of Durango including restaurants, shops, hiking and biking trails, Fort Lewis College, Hillcrest Golf Course, as well as the communities own private pool and spa. Low maintenance living, this condo can be used to lock and leave sporadically or live in year round with time to play in the stunning southwest Colorado region. This residence is situated towards the back and top of the complex, leaving the condo with unobstructed views and ultimate privacy. Natural light pours into the living room and bedrooms with a spacious living, dining and kitchen concept. Two bedrooms and two bathrooms located on separate floors provide additional privacy and convince. A brand new fridge is included as well as a full sized washer and dryer. Furnishings may be negotiable for an additional fee.

Last Agent to Sell the Property

Lindsay Lubrant

Coldwell Banker Mountain Properties Listed on: 09/27/2021

Coldwell Banker Mountain Properties

Last Buyer's Agent

Craig Weese

eXp Realty, LLC

eXp Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $547

Year Built

  • Built in 1983

HOA Fees

  • $448 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Interior Spaces

  • 959 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Carpet

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Heating System Uses Wood
  • Baseboard Heating
  • Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 566521309040

Community Details

Overview

  • Association fees include building maintenance, landscaping, trash, water, snow removal, parking, road maintenance, common area taxes
  • Ferringway Unit Owner's Association

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$547

Year Built

Built in 1983

Lot Details

0

HOA Fees

$448 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Washer, Dryer, Microwave
  • Class: RESIDENTIAL
  • Common Facilities: Pool
  • Em Deposit: 5,000
  • Em Holder: Land Title Guarantee
  • Legal Lot Block: Subdivision: FERRINGWAY CONDO Unit: 40 DESC: BLDG H 6 FERRINGWAY CIR #40 DURANGO 81301
  • List Price per Sq Ft: 322.73
  • Parcel Id Number: 566521309040
  • Price Per Sq Ft: 331.6
  • Real Estate Included: Yes
  • Realist Id: 5665-213-09-040
  • Residence Stories: Two Story
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 331.6
  • Street Descriptionaccess: City/Town, Paved
  • 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: $547.48
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 19

Interior Features

  • Bedrooms: 2
  • Flooring: Carpet-Partial
  • Estimated Total Sq Ft: 959
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Fireplace Location Type: Living Room
  • Master Bedroom Level: Upper Level
  • Total Office Den: 0

Exterior Features

  • Pool: Community
  • Views: Mountains, Valley

Utilities

  • Utilities: Electric, Internet
  • Electric Supplier: La Plata Electric Association
  • Heating System: Electric Baseboard, Fireplace
  • 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, Landscaping, Trash, Water, Snow Removal, Parking, Road Maintenance, Common Area Taxes
  • Hoametro Fees: $1345
  • HOA Metro Fees Frequency: Quarterly
  • Hoa Name: Ferringway Unit Owner's 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: Unfurnished

Tax Info

  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2021
Closed on
Oct 29, 2021
Sold by
Butler Lucas
Bought by
Shupe Rex T and Shupe Lynette W
Seller's Agent
Lindsay Lubrant
Coldwell Banker Mountain Properties
Buyer's Agent
Craig Weese
eXp Realty, LLC
List Price
$309,500
Sold Price
$318,000
Premium/Discount to List
$8,500
2.75%
Current Estimated Value
$428,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,921
Avg. Annual Appreciation
7.91%
Original Mortgage
$238,500
Outstanding Balance
$217,961
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$210,960

Purchase Details

Closed on
May 18, 2017
Sold by
Baker John R and Baker Katherine L
Bought by
Butler Lucas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,800
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2015
Sold by
Baker John R and Baker Kathy L
Bought by
The John R Baker Revocable Living Trust and The Katherine L Baker Revocable Living T

Purchase Details

Closed on
May 15, 2014
Sold by
Engle David J and Engle Claudia A
Bought by
Baker John R and Baker Kathy L

Purchase Details

Closed on
Jun 16, 1993
Bought by
Butler Lucas
Source: Public Records

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
Shupe Rex T $318,000 Land Title Guarantee Co
Butler Lucas $196,000 Land Title
The John R Baker Revocable Living Trust -- None Available
Baker John R $175,000 Land Title Guarantee Company
Butler Lucas $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shupe Rex T $238,500
Previous Owner Butler Lucas $156,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $318,000 +2.7% $332 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/27/2021 09/27/21 For Sale $309,500 -- $323 / 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 $894 $28,940 -- $28,940
2024 $760 $18,920 -- $18,920
2023 $760 $21,810 $0 $21,810
2022 $625 $15,370 $0 $15,370
2021 $628 $15,820 $0 $15,820
2020 $547 $14,240 $0 $14,240
2019 $524 $14,240 $0 $14,240
2018 $498 $13,710 $0 $13,710
2017 $477 $13,440 $0 $13,440
2014 -- $11,910 $0 $11,910
2013 -- $11,910 $0 $11,910
Source: Public Records

Agents Affiliated with this Home

  • Lindsay Lubrant

    Seller's Agent in 2021

    Lindsay Lubrant

    Coldwell Banker Mountain Properties

    (970) 618-3418

    100 Total Sales

    Lindsay Lubrant
    Section Image
  • Craig Weese

    Buyer's Agent in 2021

    Craig Weese

    eXp Realty, LLC

    (406) 381-8947

    47 Total Sales

    Craig Weese
    Section Image
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About Ferringway Condominiums

Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 787291

Colorado Real Estate Network (CREN)

APN: R020939

Colorado La Plata County Durango 81301

6 Ferringway Cir Unit 40, Durango, CO

This home is located at 6 Ferringway Cir Unit 40, Durango, CO 81301 since 27 September 2021 and is currently estimated at $428,921, approximately $447 per square foot. This property was built in 1983. 6 Ferringway Cir Unit 40 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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