NOT LISTED FOR SALE

602 Chipeta Dr Ridgway, CO 81432

Estimated Value: $1,272,202 - $1,647,000

4 Beds
3.5 Baths
3,657 Sq Ft
$411/Sq Ft Est. Value

Last Sold November 17, 2021

Last sale price $1,205,000 $330 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $8,289/month

Highlights

  • Radiant Floor
  • Game Room
  • Fenced
  • Ridgway Elementary School Rated A-
  • Hot Water Heating System
  • Wood Siding

About This Home

As of November 2021

Don't miss this RARE find within the Town of Ridgway. This residence offers four bedrooms plus an office/bedroom located in the very desirable Solar Ranch Subdivision on the south side of town. This home is well suited for a large family or for an owner who does not need all 3657 sq ft and is interested in the potential to generate rental income from the second floor apartment. 602 Chipeta Drive sits on approximately 1/3 of an acre with Cimarron and Mt. Abrams views while bordering the massive HOA open space offering seasonal irrigation water. Above the attached garage is a potential income opportunity utilizing the spacious 800+/- sq. ft. 2 bedroom/1 bath apartment.1. for video tour 2. for matterport

Last Agent to Sell the Property

Cathy Redmond

Ridgway Real Estate License #EC100096870 Listed on: 10/03/2021

Co-Listed By

Charles Mueller

Ridgway Real Estate License #IA40013622

Last Buyer's Agent

Non MLS Member

Non MLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,396

Year Built

  • Built in 1998

Lot Details

  • 0.29 Acre Lot
  • Fenced

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,657 Sq Ft Home
  • Game Room
  • Radiant Floor
  • Washer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas

Community Details

  • Solar Ranch Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,396

Year Built

Built in 1998

Lot Details

0

HOA Fees

$19 per month

Listing Details

  • Directions: Enter into Solar Ranch, make a right on Chipeta. Home is located on the corner of Chipeta and Sabeta
  • Listing Member Name: Cathy Redmond
  • Listing Office Short Id: UNKNOWN10
  • Major Area: 70
  • Estimated Number of Acres: 0.29
  • Prop. Type: Residential
  • Selling Member Short Id: nonmem1
  • Selling Office Short Id: Nonmem
  • Home Age: 21 - 40 Years
  • Deed Restrict: None
  • FILLSUBDIVISION: Solar Ranch
  • Property Sub Type: Within Township/City Limits
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Elec Oven/Range, Microwave, Refrigerator, Washer
  • EstFinishedSqFt: 3657.00
  • Lower Floor 1 Half Bathrooms: 1
  • Source Sq Ft: Appraiser
  • Disability Access: City, Gravel, Paved
  • Lower Floor 1 Bedrooms: 4
  • Fireplace: Artificial Gas Logs
  • Furnished: None

Exterior Features

  • Exterior Construction: Frame
  • Disclosures: Covenants
  • Exterior Finish: Stucco, Wood (Painted)
  • Lot Number: 35
  • Roof: Asphalt Shingles
  • Water Extras: Fence, Game Room
  • Substructure: Slab

Garage/Parking

  • Covered Parking: 2 Car
  • OpenAreaParking: 2 Car
  • Parking: 2 Car Garage
  • Additional Structure Garage Sq Ft: 750.00

Utilities

  • Electric: Power Company
  • Gas Company: Natural
  • Hot Water: Public
  • Heating: Gas, Hot Water, Radiant in Floor

Condo/Co-op/Association

  • HOA Fees: 225.00
  • HOAMangmentCompanyInfo: Solar Ranch

Fee Information

  • PaymentPer: Year
  • Taxes: 2396.00

Lot Info

  • Land Sq Ft: 12632.00
  • Irrigation: Yes
  • Zoning: Residential
  • Lofts: None

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2021
Closed on
Nov 3, 2021
Sold by
Countryman John P
Bought by
Hawkins Daniel and Hawkins Christine
Seller's Agent
Cathy Redmond
Ridgway Real Estate
Buyer's Agent
Non MLS Member
Non MLS Member
Sold Price
$1,205,000
Current Estimated Value
$1,501,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,551
Avg. Annual Appreciation
5.73%
Original Mortgage
$1,106,000
Outstanding Balance
$1,013,458
Interest Rate
2.99%
Mortgage Type
VA
Estimated Equity
$488,093

Purchase Details

Closed on
Oct 9, 2018
Sold by
Countryman John P and Countryman Michaela B
Bought by
Countryman John P

Purchase Details

Closed on
Sep 9, 2015
Sold by
Middleton Patricia A
Bought by
Countryman John P and Countryman Michaela B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2012
Sold by
Middleton H Scott
Bought by
Middleton Patricia A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hawkins Daniel $1,205,000 Land Title Guarantee Co
Countryman John P -- Land Title Guarntee Co
Countryman John P $571,750 Land Title Guarantee Company
Middleton Patricia A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hawkins Daniel $1,106,000
Previous Owner Countryman John P $415,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2021 11/17/21 Sold $1,205,000 0.0% $330 / Sq Ft
11/17/2021 11/17/21 Sold $1,205,000 -3.6% $330 / Sq Ft View Prior Sale
10/03/2021 10/03/21 Pending -- -- --
10/03/2021 10/03/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $1,250,000 -- $342 / Sq Ft
Source: Telluride Association of REALTORS®

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 $4,916 $77,140 $12,340 $64,800
2023 $4,916 $80,590 $12,890 $67,700
2022 $3,264 $47,870 $7,990 $39,880
2021 $3,091 $49,240 $8,220 $41,020
2020 $2,370 $40,860 $8,220 $32,640
2019 $2,370 $40,860 $8,220 $32,640
2018 $2,581 $42,920 $5,400 $37,520
2017 $2,542 $42,920 $5,400 $37,520
2016 $2,566 $42,030 $6,370 $35,660
2015 -- $42,030 $6,370 $35,660
2012 -- $43,520 $12,340 $31,180
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Cathy Redmond

    Ridgway Real Estate

  • C

    Seller Co-Listing Agent in 2021

    Charles Mueller

    Ridgway Real Estate

    (970) 209-3452

    30 Total Sales

    Charles Mueller
    Section Image

  • N

    Buyer's Agent in 2021

    Non MLS Member

    Non MLS Member

  • Chase Girard

    Buyer's Agent in 2021

    Chase Girard

    Ponderosa Real Estate The Source For Real Estate

    (970) 729-2399

    175 Total Sales

    Chase Girard
    Section Image
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Map

Source: Telluride Association of REALTORS®

MLS Number: 39925

Telluride Association of REALTORS®

APN: R002150

Colorado Ouray County Ridgway 81432

602 Chipeta Dr, Ridgway, CO

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