NOT LISTED FOR SALE

861 Sherman St Ridgway, CO 81432

Estimated Value: $1,034,000

2 Beds
1.5 Baths
1,472 Sq Ft
$702/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $311,000 $211 Per Sq Ft

Est. 232% increase in value since last sale

Current estimated payment $5,794/month

Highlights

  • Victorian Architecture
  • Ridgway Elementary School Rated A-
  • 1 Fireplace

About This Home

As of June 2021

This property is in a great location and will be an amazing home after some much needed TLC. Originally built in 1901, with original flooring throughout, this home is ready to be brought back to it's former glory. Electrical was updated in 1985. City water and sewer are connected. If you are looking to rehab an historic home, this property is for you.

Last Agent to Sell the Property

Kiplynn Smith

Telluride Properties Main St. License #EA100001476 Listed on: 05/07/2021

Last Buyer's Agent

Andrew Dolese

Telluride Properties Main St. License #FA100005549

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,021

Year Built

  • Built in 1901

Lot Details

  • 0.27 Acre Lot
  • Property is zoned Residential/Commercial

Home Design

  • Victorian Architecture
  • Frame Construction
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 1,472 Sq Ft Home
  • 1 Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 3 Open Parking Spaces
  • Off-Street Parking

Eco-Friendly Details

  • Green Energy Fireplace or Wood Stove

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,021

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Directions: On Sherman on left side of street when coming from Telluride.
  • Listing Member Name: Kiplynn Smith
  • Listing Office Short Id: 3737
  • Major Area: 70
  • Estimated Number of Acres: 0.27
  • Open House Office I D: 20240605205840903266000000
  • Prop. Type: Residential
  • Selling Member Short Id: 539
  • Selling Office Short Id: 3737
  • Home Age: 40+ Years
  • Deed Restrict: None
  • FILLSUBDIVISION: None
  • Property Sub Type: Within Township/City Limits
  • Year Built: 1901
  • Year Renovated: 1985.00
  • Building Style: Victorian
  • Special Features: None

Interior Features

  • EstFinishedSqFt: 1472.00
  • Lower Floor 1 Half Bathrooms: 1
  • Source Sq Ft: Assessor
  • Disability Access: City
  • Lower Floor 1 Bedrooms: 2
  • Fireplace: 1, Woodstove
  • Furnished: None

Exterior Features

  • Exterior Construction: Frame
  • Disclosures: None
  • Exterior Finish: Metal/Vinyl
  • Lot Number: 6, 7, 8
  • Roof: Metal
  • Substructure: Unfinished

Garage/Parking

  • Covered Parking: None
  • OpenAreaParking: 3 Car +
  • Parking: Off Street Uncovered

Utilities

  • Electric: Power Company
  • Hot Water: Public
  • Heating: Other

Fee Information

  • Taxes: 2021.00

Lot Info

  • Land Sq Ft: 11857.00
  • Zoning: Residential/Commercial
  • Lofts: None

Tax Info

  • Tax Year: 1089

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 14, 2021
Sold by
Dee Kelly Jr Verne
Bought by
Kelly Suzanne M
Seller's Agent
Kiplynn Smith
Telluride Properties Main St.
Buyer's Agent
Andrew Dolese
Telluride Properties Main St.
Sold Price
$311,000
Current Estimated Value
$1,034,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$723,000
Avg. Annual Appreciation
32.41%

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 11, 2021
Sold by
Kelly Suzanne M
Bought by
Santiago Revocable Family Trust
Seller's Agent
Kiplynn Smith
Telluride Properties Main St.
Buyer's Agent
Andrew Dolese
Telluride Properties Main St.
Sold Price
$311,000

Purchase Details

Closed on
Apr 27, 1994
Bought by
Kelly Verne D
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
Kelly Suzanne M -- --
Santiago Revocable Family Trust $311,000 Land Title Guarantee
Kelly Verne D -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2021 06/25/21 Sold $311,000 -- $211 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
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 $3,933 $61,710 $20,220 $41,490
2023 $3,933 $89,240 $89,220 $20
2022 $671 $9,840 $8,070 $1,770
2021 $1,195 $19,030 $8,300 $10,730
2020 $1,076 $18,560 $8,390 $10,170
2019 $1,076 $18,560 $8,390 $10,170
2018 $1,116 $18,560 $7,500 $11,060
2017 $1,099 $18,560 $7,500 $11,060
2016 $1,062 $17,400 $7,080 $10,320
2015 -- $17,400 $7,080 $10,320
2012 -- $20,980 $9,440 $11,540
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kiplynn Smith

    Telluride Properties Main St.

    (970) 729-1759

    25 Total Sales

    Kiplynn Smith
    Section Image

  • A

    Buyer's Agent in 2021

    Andrew Dolese

    Telluride Properties Main St.

    (970) 708-3739

    15 Total Sales

    Andrew Dolese
    Section Image
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Map

Source: Telluride Association of REALTORS®

MLS Number: 39388

Telluride Association of REALTORS®

APN: R001876

Colorado Ouray County Ridgway 81432

861 Sherman St, Ridgway, CO

This home is located at 861 Sherman St, Ridgway, CO 81432 since 07 May 2021 and is currently estimated at $1,034,000, approximately $702 per square foot. This property was built in 1901. 861 Sherman St is a home located in Ouray County with nearby schools including Ridgway Elementary School, Ridgway Middle School, and Ridgway High School.

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