NOT LISTED FOR SALE

Estimated Value: $303,167 - $350,000

1 Bed
1 Bath
658 Sq Ft
$410/mo HOA Fee

Last Sold April 30, 2021

Last sale price $225,000 $342 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,186/month

Highlights

  • In Ground Pool
  • Clubhouse
  • Sauna
  • Park Elementary School Rated A-
  • Wood Flooring
  • Fireplace

About This Home

As of April 2021

VRBO in downtown Durango just steps from trails, paved trail to town and across from the college. This updated and bright one bedroom unit is situated in the back of the complex offering not only its own private area deck and storage space but the quiet of backing up to miles and miles of trails. There are only four buildings in downtown Durango that are VRBO approved and only one of them has a pool, clubhouse, sauna, hot tub and it is Ferringway. Whether you are looking for your first home, an investment or a VRBO rental this open and bright unit offer all of those possibilities. Don't miss out on one of ONLY vrbo allowed properties in town Durango.

Last Agent to Sell the Property

Tina Miely

Berkshire Hathaway HomeServices Colorado Properties Listed on: 02/08/2021

Berkshire Hathaway HomeServices Colorado Properties

Last Buyer's Agent

Stuart Way

The Wells Group of Durango, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $421

Year Built

  • Built in 1983

HOA Fees

  • $410 Monthly HOA Fees

Interior Spaces

  • 658 Sq Ft Home
  • Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool

Schools

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

Utilities

  • Baseboard Heating
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 566521309049

Community Details

Overview

  • Association fees include building maintenance, landscaping, trash, water, snow removal, internet, road maintenance
  • Ferringway HOA

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$421

Year Built

Built in 1983

Lot Details

0

HOA Fees

$410 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer
  • Class: RESIDENTIAL
  • Common Facilities: Club House, Pool, Hot Tub, Sauna
  • Em Deposit: 5000
  • Em Holder: Title Durango
  • Legal Lot Block: Subdivision: FERRINGWAY CONDO Unit: 49 DESC: BLDG L 6 FERRINGWAY CIR #49 DURANGO 81301
  • List Price per Sq Ft: 378.42
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 566521309049
  • Price Per Sq Ft: 341.95
  • Real Estate Included: Yes
  • Realist Id: 5665-213-09-049
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 341.95
  • Street Descriptionaccess: City/Town
  • Street Designation: Circle
  • Zoning: Residential Single Family
  • 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: $421.36
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room: Kitchen/Dining
  • Bedrooms: 1
  • Flooring: Hardwood, Tile, Laminate
  • Estimated Total Sq Ft: 658
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Total Office Den: 0

Exterior Features

  • Pool: Community, In-Ground

Utilities

  • Electric Supplier: La Plata Electric Association
  • Heating System: Electric Baseboard, Fireplace
  • Sewer Supplier: City of Durango
  • Water Supplier: City of Durango

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Building Maintenance, Landscaping, Trash, Water, Snow Removal, Internet, Road Maintenance
  • Hoametro Fees: $410
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: Ferringway

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
Feb 8, 2021
Closed on
Apr 30, 2021
Sold by
Poister Sadion Jacob M and Tafoya Carmen R
Bought by
Hanson Julia R
Seller's Agent
Tina Miely
Berkshire Hathaway HomeServices Colorado Properties
Buyer's Agent
Stuart Way
The Wells Group of Durango, LLC
List Price
$249,000
Sold Price
$225,000
Premium/Discount to List
-$24,000
-9.64%
Current Estimated Value
$326,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,042
Avg. Annual Appreciation
8.71%
Original Mortgage
$180,000
Outstanding Balance
$162,870
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$163,172

Purchase Details

Closed on
Oct 19, 2018
Sold by
Leonard Robert Peter
Bought by
Polster Sadlon Jacob M and Tafoya Carmen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,260
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2013
Sold by
Kerns David H
Bought by
Leonard Robert Peter

Purchase Details

Closed on
Mar 9, 2007
Sold by
Karmazyn Paul M
Bought by
Kerns David H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Interest Rate
6.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 1994
Bought by
Leonard Robert Peter
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
Hanson Julia R $225,000 T Title Durango
Polster Sadlon Jacob M $158,000 None Available
Leonard Robert Peter $124,000 Stewart Title
Kerns David H $144,000 Land Title
Leonard Robert Peter $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanson Julia R $180,000
Previous Owner Polster Sadlon Jacob M $153,260
Previous Owner Kerns David H $115,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $225,000 -9.6% $342 / Sq Ft
03/21/2021 03/21/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $249,000 0.0% $378 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $249,000 -- $378 / 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 $491 $18,030 -- $18,030
2024 $418 $10,400 -- $10,400
2023 $418 $13,210 $0 $13,210
2022 $483 $11,890 $0 $11,890
2021 $485 $12,230 $0 $12,230
2020 $421 $10,960 $0 $10,960
2019 $403 $10,960 $0 $10,960
2018 $389 $10,710 $0 $10,710
2017 $380 $10,710 $0 $10,710
2016 $356 $10,930 $0 $10,930
2015 $303 $10,930 $0 $10,930
2014 $303 $9,520 $0 $9,520
2013 -- $9,690 $0 $9,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 778453

Colorado Real Estate Network (CREN)

APN: R020948