$550,000
SOLD OCT 4, 2024

Lots 12 & 13 Palomino Trail Ridgway, CO 81432

1.01 Acres
$544,554 Price per Acre
43,996 Sq Ft Lot

Recently Sold

27% Below List Price

259 Days on Market

Highlights

  • Mountain View
  • Ridgway Elementary School Rated A-
  • Corner Lot

About This Lot

As of October 2024

HIGHWAY 550 FRONTAGE of highly visible COMMERCIAL land in Ridgway with over 1 flat acre. Exceptional views and southern exposure from this special property. A great investment with multiple opportunities on this rare highway front commercially zoned land with unparalleled exposure in beautiful Ridgway, CO. Accessible via County Road 12 (off Hwy 550) or Hunter Parkway (Zoned: General Commercial) total taxes listed are for both lots 12 L& 13 combined Lots can be split and offered separately: Lot 12 for $275k Lot 13 for $325k or reduced to $550k if purchased together.

Last Agent to Sell the Property

Melanie Scott-McDonald

United Country Blue Sky Homes and Land Listed on: 01/02/2024

United Country Blue Sky Homes and Land

Last Buyer's Agent

Cortez NON MEMBER

NON-MEMBER/FSBO Cortez

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,151

Lot Details

  • 1.01 Acre Lot
  • Corner Lot
  • Level Lot
  • Property is zoned Commercial

Property Views

  • Mountain Views

Schools

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

Community Details

  • Property has a Home Owners Association
  • Rusa HOA
  • Ridgway Land Co Subdivision

Listing and Financial Details

  • Security Deposit $15,000
  • Assessor Parcel Number 430516401009

Property Details

Property Type

Land

Est. Annual Taxes

$6,151

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: title co
  • Fronts: Highway 550
  • Legal Lot Block: Subd: EASTSIDE SUBDIVISION, REPLAT OF THE Lot: 12 S: 16 T: 45 R: 8 and Subd: EASTSIDE SUBDIVISION, REPLAT OF THE Lot: 13 S: 16 T: 45 R: 8
  • Lot Size Acreage: 1-5 Acres
  • Parcel Id Number: 430516401009
  • Property Description: Corner
  • Street Descriptionaccess: State Highway
  • Street Designation: Trail
  • Tax Account Id: and parcel #43051640
  • Zoning: Commercial
  • HOA Fee Frequency: Annually
  • Type: Commercial
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 1.01
  • Current Property Use: Commercial
  • Em Deposit: 15000
  • Possible Property Use: Commercial
  • Price Acre: 544554.46
  • Topography: Level
  • Price per Sq Ft: 12.5
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 544554.46
  • Water Tap Available: Yes
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Total Taxes Dollar: 6151.24
  • Prop Description Remarks: HIGHWAY 550 FRONTAGE of highly visible COMMERCIAL land in Ridgway with over 1 flat acre. Exceptional views and southern exposure from this special property. A great investment with multiple opportunities on this rare highway front commercially zoned land with unparalleled exposure in beautiful Ridgway, CO. Accessible via County Road 12 (off Hwy 550) or Hunter Parkway (Zoned: General Commercial) total taxes listed are for both lots 12 L& 13 combined Lots can be split and offered separately: Lot 12 for $275k Lot 13 for $325k or reduced to $550k if purchased together.
  • Subdv Name: Ridgway Land Co
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains

Utilities

  • Electric Supplier: San Miguel Power Association
  • Gas Supplier: Black Hills Energy
  • Water Supplier: Town Of Ridgway

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Name: RUSA

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

Tax Info

  • Tax Year: 2023

MLS Schools

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

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

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 Sold $550,000 0.0% --
09/17/2024 09/17/24 Pending -- -- --
08/31/2024 08/31/24 Price Changed $550,000 -26.6% --
01/02/2024 01/02/24 For Sale $749,000 -- --
Source: Colorado Real Estate Network (CREN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Melanie Scott-McDonald

    Seller's Agent in 2024

    Melanie Scott-McDonald

    United Country Blue Sky Homes and Land

    (970) 799-4725

    89 Total Sales

    Section Image

  • C

    Buyer's Agent in 2024

    Cortez NON MEMBER

    NON-MEMBER/FSBO Cortez

    103 Total Sales

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 809999

Colorado Real Estate Network (CREN)

Colorado Ouray County Ridgway 81432

Lots 12 & 13 Palomino Trail, Ridgway, CO

This home is located at Lots 12 & 13 Palomino Trail, Ridgway, CO 81432 and is currently priced at $550,000. Lots 12 & 13 Palomino Trail is a home located in Ouray County with nearby schools including Ridgway Elementary School, Ridgway Middle School, and Ridgway High School.

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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