NOT LISTED FOR SALE

640 Sherman St Unit E Ridgway, CO 81432

Estimated Value: $256,569 - $485,000

Studio
1 Bath
380 Sq Ft
2008 Built

Sale Details

Date Sold: September 30, 2022

Last sale price $260,000 $684 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,115 / mo

Highlights

  • Laundry Facilities
  • Ridgway Elementary School Rated A-
  • 4-minute walk to Ridgway Town Park

About This Home

As of September 2022

This home is located at 640 Sherman St Unit E, Ridgway, CO 81432 since 24 August 2022 and is currently estimated at $357,642, approximately $941 per square foot. This property was built in 2008. 640 Sherman St Unit E is a home located in Ouray County with nearby schools including Ridgway Elementary School, Ridgway Middle School, and Ridgway High School.

Last Agent to Sell the Property

Montrose NON MEMBER

NON-MEMBER/FSBO Montrose Listed on: 08/24/2022

Last Buyer's Agent

Tate Rogers

Rogers Real Estate Group, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $550

Year Built

  • Built in 2008

HOA Fees

  • $114 Monthly HOA Fees

Home Design

  • 380 Sq Ft Home
  • Condo Hotel
  • Studio

Bedrooms and Bathrooms

  • 1 Full Bathroom

Schools

  • Ridgway K-5 Elementary School
  • Ridgway 6-8 Middle School
  • Ridgway 9-12 High School

Utilities

  • Internet Available
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 430516332005

Community Details

Overview

  • Association fees include building maintenance, insurance, trash, water, snow removal, parking
  • Ssjcoa HOA

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$550

Year Built

Built in 2008

Lot Details

0 Sq Ft Lot

HOA Fees

$114 per month

Listing Details

  • Class: RESIDENTIAL
  • Common Facilities: Laundry Facilities
  • Em Deposit: 5000
  • Em Holder: Land Title
  • Legal Lot Block: Silver San Juan Condominiums Unit: E S: 16 T: 45 R:8
  • List Price per Sq Ft: 684.21
  • Parcel Id Number: 430516332005
  • Price Per Sq Ft: 684.21
  • Real Estate Included: Yes
  • Residence Style: Studio
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 684.21
  • Street Designation: Street
  • Zoning: Residential Single Family, Live/Work
  • Type: Condotel
  • HOA Fees: Yes
  • Internet Provider: Clearnetworx
  • Internet Service: Yes
  • Total Taxes Dollar: 549.98
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Estimated Total Sq Ft: 380
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Total Office Den: 0

Utilities

  • Utilities: Electric, Natural Gas, Internet, Phone - Cell Reception, Phone - Landline
  • Electric Supplier: San Miguel Power Association
  • Gas Supplier: Black Hills Energy
  • Sewer Supplier: Town of Ridgway
  • Water Supplier: Town of Ridgway

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Building Maintenance, Insurance, Trash, Water, Snow Removal, Parking
  • Hoametro Fees: 1371
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: SSJCOA

Schools

  • High School: Ridgway 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

MLS Schools

  • Elementary School: Ridgway K-5
  • Middle School: Ridgway 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2022
Closed on
Sep 30, 2022
Sold by
Moses James Joseph
Bought by
Rogers West Ii Llc
Seller's Agent
Montrose NON MEMBER
NON-MEMBER/FSBO Montrose
Buyer's Agent
Tate Rogers
Rogers Real Estate Group, LLC
List Price
$260,000
Sold Price
$260,000
Current Estimated Value
$357,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,642
Avg. Annual Appreciation
9.23%
Original Mortgage
$402,000
Outstanding Balance
$358,927
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
-$1,285

Purchase Details

Listed on
Jul 16, 2020
Closed on
Aug 14, 2020
Sold by
Choate Alison and Colaw Nancy
Bought by
Moses James Joseph and Luchetta Sarah Kendall
Seller's Agent
Nancy Feeser
Ouray Homes Real Estate LLC
Buyer's Agent
Nancy Feeser
Ouray Homes Real Estate LLC
List Price
$189,900
Sold Price
$175,000
Premium/Discount to List
-$14,900
-7.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.43%

Purchase Details

Closed on
Aug 15, 2008
Sold by
Silver San Juan Llc
Bought by
Choate Alison and Colaw Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,403
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage
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

Date Buyer Sale Price Title Company
Rogers West Ii Llc $260,000 Land Title Guarantee
Moses James Joseph $175,000 Land Title Guarantee Company
Choate Alison $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rogers West Ii Llc $402,000
Previous Owner Choate Alison $68,403
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2022 09/30/22 Sold $260,000 0.0% $684 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $260,000 +48.6% $684 / Sq Ft
08/14/2020 08/14/20 Sold $175,000 -7.8% $461 / Sq Ft View Prior Sale
07/26/2020 07/26/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $189,900 -- $500 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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 $1,102 $16,470 $0 $16,470
2024 $1,102 $13,660 $0 $13,660
2023 $871 $16,500 $0 $16,500
2022 $581 $8,520 $0 $8,520
2021 $550 $8,760 $0 $8,760
2020 $405 $6,990 $0 $6,990
2019 $405 $6,990 $0 $6,990
2018 $385 $6,400 $0 $6,400
2017 $379 $6,400 $0 $6,400
2016 $173 $2,840 $0 $2,840
2015 -- $2,840 $0 $2,840
2012 -- $4,590 $0 $4,590
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Montrose NON MEMBER

    NON-MEMBER/FSBO Montrose

  • Tate Rogers

    Buyer's Agent in 2022

    Tate Rogers

    Rogers Real Estate Group, LLC

    (970) 729-2366

    75 Total Sales

    Tate Rogers
    Section Image
  • Nancy Feeser

    Seller's Agent in 2020

    Nancy Feeser

    Ouray Homes Real Estate LLC

    (970) 519-1033

    50 Total Sales

    Nancy Feeser
    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 798641

Colorado Real Estate Network (CREN)

APN: R006225

Colorado Ouray County Ridgway 81432

640 Sherman St Unit E, Ridgway, 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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