NOT LISTED FOR SALE

Ferringway Condominiums 6 Ferringway Cir Unit 50 Durango, CO 81301

Estimated Value: $494,000 - $552,707

2 Beds
2.5 Baths
1,232 Sq Ft
1,220 Sq Ft Lot

Sale Details

Date Sold: November 2, 2021

Last sale price $425,000 $345 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,294 / mo

4 Days on Market

Highlights

  • RV or Boat Parking
  • Mountain View
  • Deck
  • Park Elementary School Rated A-
  • Clubhouse
  • Adjacent to Greenbelt

About This Home

As of November 2021

SUPER RARE!  This Ferringway condo is the Exeter floor plan, of which there are only 5 in the entire complex. This is the largest floor plan available in the highly popular Ferringway condos and offers two bedrooms and three bathrooms. Ferringway is one of only three associations in city limits that allows short-term rentals and has a manager on-site.  The property has been recently updated with new flooring, granite counters and backsplashes, new sinks and faucets, and an amazing stone fireplace and hearth.  Included for convenience are a full-sized washer & dryer. Upstairs is the main living space, kitchen, and half bath.  Fabulous views from this unit; plus you can walk right out the backside and head up into Horse Gulch for hiking, mountain biking, etc.  This is a great place to stay and use as a second home and owners may self-manage or select the short-term manager of their choice to create income while not using it for themselves. Convenient location right by Fort Lewis College, Hillcrest Golf Course, and hiking trails. Just two miles to downtown and the public transit stops right in front of the property. BONUS, this complex offers an outdoor swimming pool and hot tub for its residents. This unit is being sold furnished MINUS A FEW EXCLUSIONS.  Turn-key ready!

Last Agent to Sell the Property

Robert Overfield

Coldwell Banker Mountain Properties Listed on: 09/21/2021

Coldwell Banker Mountain Properties

Co-Listed By

Daniel Chowen

Coldwell Banker Mountain Properties

Last Buyer's Agent

Sebastian Hartley

Keller Williams Realty Southwest Associates, LLC

Keller Williams Realty Southwest Associates, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $735

Year Built

  • Built in 1983 | Remodeled in 2019

Lot Details

  • Adjacent to Greenbelt
  • Open Space

HOA Fees

  • $448 Monthly HOA Fees

Parking

  • RV or Boat Parking

Interior Spaces

  • 1,232 Sq Ft Home
  • 1.5-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Mountain Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Shed

Location

  • Property is near golf course

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 566521309050

Community Details

Overview

  • Association fees include building maintenance, landscaping, trash, snow removal, lawn, management, parking, road maintenance
  • Ferringway Owner Association

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$735

Year Built

Built in 1983 | Remodeled in 2019

Lot Details

1,220 Sq Ft Lot

HOA Fees

$448 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave
  • Estimated Total Acres: 0.028
  • Class: RESIDENTIAL
  • Common Facilities: Club House, Pool, Hot Tub
  • Em Deposit: 7500
  • Em Holder: CTS
  • Exterior Inclusions: Shed/Storage, Patio, Deck
  • Fronts: FLC and Hillcrest Golf
  • Interior Inclusions: Window Coverings, All Furnishings, Ceiling Fan(s), W/D Hookup, Vaulted Ceiling, Granite Counters
  • Legal Lot Block: Subdivision: FERRINGWAY CONDO Unit: 50 DESC: BLDG L 6 FERRINGWAY CIR #50 DURANGO 81301
  • List Price per Sq Ft: 344.97
  • Parcel Id Number: 566521309050
  • Price Per Sq Ft: 344.97
  • Property Description: Adj to Greenbelt, Corner, Golf Course Near, Adj to Open Space
  • Real Estate Included: Yes
  • Residence Stories: 1.5 Story
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 344.97
  • Street Descriptionaccess: City/Town
  • Street Designation: Circle
  • Tax Account Id: R020949
  • Zoning: Residential Single Family
  • Type: Condo
  • Hoa Dogs Allowed: Yes
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Service Avail: Yes
  • Total Taxes Dollar: 734.72
  • Year Built: 1983
  • Year Renovated: 2019
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 18

Interior Features

  • Dining Room: Living Room Dining
  • Bedrooms: 2
  • Estimated Total Sq Ft: 1232
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 3
  • Fireplace Location Type: Living Room
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Views: Mountains

Utilities

  • Utilities: Electric, Cable TV, 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, Snow Removal, Lawn, Management, Parking, Road Maintenance
  • Hoametro Fees: 1345
  • HOA Metro Fees Frequency: Quarterly
  • Hoa Name: Ferringway Owner Association

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2021
Closed on
Oct 29, 2021
Sold by
Bought by
Seller's Agent
Robert Overfield
Coldwell Banker Mountain Properties
Buyer's Agent
Sebastian Hartley
Keller Williams Realty Southwest Associates, LLC
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$512,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,177
Avg. Annual Appreciation
4.11%
Original Mortgage
$318,750
Outstanding Balance
$291,300
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$220,877

Purchase Details

Closed on
Aug 30, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2016
Sold by
Bought by

Purchase Details

Closed on
Feb 13, 2013
Sold by
Bought by

Purchase Details

Closed on
Oct 26, 2012
Sold by
Bought by

Purchase Details

Closed on
Oct 6, 1993
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$405,000 Colorado Ttl & Closing Svcs
$260,000 Land Title Guarantee Company
-- None Available
-- None Available
-- None Available
$78,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $318,750
Previous Owner $195,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/02/2021 11/02/21 Sold $425,000 0.0% $345 / Sq Ft
09/25/2021 09/25/21 Pending -- -- --
09/21/2021 09/21/21 For Sale $425,000 -- $345 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,149 $35,920 -- $35,920
2024 $977 $24,310 -- $24,310
2023 $977 $27,260 $0 $27,260
2022 $799 $29,040 $0 $29,040
2021 $803 $20,220 $0 $20,220
2020 $735 $19,110 $0 $19,110
2019 $626 $17,030 $0 $17,030
2016 $562 $17,230 $0 $17,230
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Robert Overfield

    Coldwell Banker Mountain Properties

    Section Image
  • Daniel Chowen

    Seller Co-Listing Agent in 2021

    Daniel Chowen

    Coldwell Banker Mountain Properties

    (303) 883-8935

    67 Total Sales

    Daniel Chowen
    Section Image
  • Sebastian Hartley

    Buyer's Agent in 2021

    Sebastian Hartley

    Keller Williams Realty Southwest Associates, LLC

    (970) 759-0838

    78 Total Sales

    Sebastian Hartley
    Section Image
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About Ferringway Condominiums

Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 787103

Colorado Real Estate Network (CREN)

APN: R020949

Colorado La Plata County Durango 81301

6 Ferringway Cir Unit 50, Durango, CO

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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