$1,041,000
SOLD SEP 6, 2024

701 Chipeta Dr Ridgway, CO 81432

3 Beds
2 Baths
2,112 Sq Ft
0.28 Acres

Recently Sold

$493 Per Sq Ft

13% Below List Price

64 Days on Market

About This Home

As of September 2024

701 Chipeta Drive is in-town, mountain living at its best. This move-in ready Solar Ranch 3BR/2BA home sits on a .28 acre lot with a detached 2 car heated garage and separate guestroom/office with a full bath. The main floor offers a chef's kitchen leading the private backyard, pantry, a great south-facing entertaining space, 2 bedrooms, a full bath and a laundry/utility room. Upstairs is a large primary suite with views, a sitting area, a spa-like bathroom and a walk-in closet with extensive built-ins and a sunny bonus room. The primary bedroom has an AC split. The building and interior finishes interior finishes are non-toxic w/ American Clay wall finish, zero VOC ceiling paint & primer, water-based finishes and alder cabinets doors & trim. The floors have radiant heat within stained concrete, bamboo and tile. Additionally solar hot water heats slabs in house & garage and the domestic hot water. Photovoltaic system provides household electrical needs with a battery backup for a full day. 701 Chipeta’s yard is surrounded by mature trees, mountain views & borders Cottonwood Park. Walk to everything in Ridgway’s growing, vibrant community.

Last Agent to Sell the Property

Amanda F. Swain

LIV Sotheby's International Realty - Telluride Listed on: 06/13/2024

LIV Sotheby's International Realty - Telluride

Last Buyer's Agent

Mark Dollard

LIV Sotheby's International Realty - Telluride

LIV Sotheby's International Realty - Telluride

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,466

Year Built

  • Built in 2005

Lot Details

  • 0.28 Acre Lot

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • 2,112 Sq Ft Home
  • Stick Built Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Irrigation Water Rights
  • Internet Available

Community Details

  • Solar Ranch HOA
  • Solar Ranch Subdivision

Listing and Financial Details

  • Assessor Parcel Number 430516314010

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,466

Year Built

Built in 2005

Lot Details

0

HOA Fees

$19 per month

Listing Details

  • Estimated Irrigation Acres: 0.28
  • Estimated Total Acres: 0.28
  • Class: RESIDENTIAL
  • Em Deposit: 24000
  • Em Holder: Land Title
  • Legal Lot Block: SUBD: SOLAR RANCHES #2A LOT: 10 S: 16 T: 45R: 8
  • Parcel Id Number: 430516314010
  • Price Per Sq Ft: 492.9
  • Real Estate Included: Yes
  • Realist Id: 4305-163-14-010
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 492.9
  • Street Designation: Drive
  • Tax Account Id: 430516314010
  • Type: Stick Built
  • HOA Fees: Yes
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: 4466
  • Year Built: 2005
  • Foreign Owned Y N: No
  • Prop Description Remarks: 701 Chipeta Drive is in-town, mountain living at its best. This move-in ready Solar Ranch 3BR/2BA home sits on a .28 acre lot with a detached 2 car heated garage and separate guestroom/office with a full bath. The main floor offers a chef's kitchen leading the private backyard, pantry, a great south-facing entertaining space, 2 bedrooms, a full bath and a laundry/utility room. Upstairs is a large primary suite with views, a sitting area, a spa-like bathroom and a walk-in closet with extensive built-ins and a sunny bonus room. The primary bedroom has an AC split. The building and interior finishes interior finishes are non-toxic w/ American Clay wall finish, zero VOC ceiling paint & primer, water-based finishes and alder cabinets doors & trim. The floors have radiant heat within stained concrete, bamboo and tile. Additionally solar hot water heats slabs in house & garage and the domestic hot water. Photovoltaic system provides household electrical needs with a battery backup for a full day. 701 Chipeta’s yard is surrounded by mature trees, mountain views & borders Cottonwood Park. Walk to everything in Ridgway’s growing, vibrant community.
  • Subdv Name: Solar Ranch
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Estimated Total Sq Ft: 2112
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Total Office Den: 0

Garage/Parking

  • Garage Type: Detached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Electric Supplier: San Miguel Power Association
  • Gas Supplier: AmeriGas
  • Irrigation Water Description Amount: spring ditch through HOA
  • Irrigation Water District: Solar Ranch
  • Sewer Supplier: Town of Ridgway
  • Water Rights Irrigation: Yes
  • Water Supplier: Town of Ridgway

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 225
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: Solar Ranch HOA

Schools

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

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Sep 6, 2024
Sold by
Bencze Alexis and Garza Matthew
Bought by
Gray Kenneth Fain
Seller's Agent
Amanda F. Swain
LIV Sotheby's International Realty - Telluride
Buyer's Agent
Mark Dollard
LIV Sotheby's International Realty - Telluride
List Price
$1,200,000
Sold Price
$1,041,000
Premium/Discount to List
-$159,000
-13.25%
Views
22
Current Estimated Value
$1,047,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,337
Avg. Annual Appreciation
-1.37%

Purchase Details

Closed on
May 31, 2019
Sold by
Patten Andrea L and Patten George R
Bought by
Garza Matthew and Bencze Alexis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2017
Sold by
Cesati Andrew and Yeary Allison
Bought by
Patten Andrea L and Patten George R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 27, 2016
Closed on
Jul 25, 2016
Sold by
Culp Tamara and Orzel Dana
Bought by
Cesati Andrew and Yeary Allison
Seller's Agent
Bruce MacIntire
LuxWest Real Estate
Buyer's Agent
Tate Rogers
PONDEROSA REAL ESTATE
Sold Price
$555,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%
Original Mortgage
$405,000
Interest Rate
3.6%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Special Warranty Deed $1,041,000 Land Title Guarantee
Warranty Deed $610,000 Land Title Guarantee
Warranty Deed -- Land Title Guarantee Co
Warranty Deed $555,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $90,000 Credit Line Revolving
Previous Owner $539,500 New Conventional
Previous Owner $549,000 New Conventional
Previous Owner $457,000 New Conventional
Previous Owner $405,000 New Conventional
Previous Owner $60,000 Credit Line Revolving
Previous Owner $134,000 New Conventional
Previous Owner $205,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold $1,041,000 -9.5% $493 / Sq Ft
08/16/2024 08/16/24 Pending -- -- --
07/31/2024 07/31/24 Price Changed $1,150,000 -4.2% $545 / Sq Ft
06/13/2024 06/13/24 For Sale $1,200,000 +116.2% $568 / Sq Ft
07/25/2016 07/25/16 Sold $555,000 -- $215 / Sq Ft
05/27/2016 05/27/16 Pending -- -- --
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
2024 $4,259 $67,640 $12,250 $55,390
2023 $4,259 $71,010 $12,870 $58,140
2022 $3,443 $50,960 $7,990 $42,970
2021 $3,261 $52,420 $8,220 $44,200
2020 $2,467 $43,020 $8,220 $34,800
2019 $2,467 $43,020 $8,220 $34,800
2018 $2,237 $37,680 $5,400 $32,280
2017 $2,203 $37,680 $5,400 $32,280
2016 $1,575 $25,800 $4,780 $21,020
2015 -- $25,800 $4,780 $21,020
2012 -- $28,600 $8,760 $19,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 814749

Colorado Real Estate Network (CREN)

APN: R002125