NOT LISTED FOR SALE

N Hancock St Rico, CO 81332

Estimated Value: $506,000 - $687,000

2 Beds
1 Bath
1,200 Sq Ft
$504/Sq Ft Est. Value

Last Sold February 10, 2012

Last sale price $48,000 $40 Per Sq Ft

Est. 1,160% increase in value since last sale

Current estimated payment $3,567/month

130 Days on Market

Highlights

  • River Front
  • Earth Berm
  • Solar Heating System
  • Great Room
  • 1-Story Property
  • Concrete Flooring

About This Home

As of February 2012

HUGE PRICE REDUCTION FOR THIS EARTHBERM.....in RICO CO.... Energy effecient, Solar powered. Cistern. Green house. 2 BRs 1 BTH. Property is just a short drive from Telluride CO for that wonderful Colorado skiiing,hiking biking. Rico boasts beautiful mountains and jeep driving area. Property is located next to river.

Last Listed By

Ellie Courtney

United Country Blue Sky Homes and Land Listed on: 08/15/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,555

Year Built

  • 1994

Lot Details

  • 7,405 Sq Ft Lot
  • River Front

Home Design

  • Earth Berm

Interior Spaces

  • 2 Bedrooms
  • 1,200 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Concrete Flooring

Eco-Friendly Details

  • Solar Heating System

Utilities

  • Heating System Uses Propane
  • Cistern
  • Septic Tank

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 504735101002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,555

Year Built

1994

Lot Details

0

Listing Details

  • Estimated Total Acres: 0.17
  • Class: RESIDENTIAL
  • Em Deposit: 2000
  • Em Holder: Title Company
  • Legal Lot Block: Lots 27 - 29, Block 19, Rico
  • List Price per Sq Ft: 45.75
  • Lot Dimension: 0.17
  • Parcel Id Number: 504735101002
  • Real Estate Included: Yes
  • Realist Id: 504735101002
  • Reo Lender Owned: Yes
  • Residence Stories: One Story
  • Residence Style: In Ground Berm
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 40
  • Waterfront Type: River
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1994

Interior Features

  • Bedrooms: 2
  • Flooring: Stained/Stamped Concrete
  • Estimated Total Sq Ft: 1200
  • Great Room: Yes

Exterior Features

  • Waterfront: Yes

Utilities

  • Sewer Supplier: Septic
  • Water Supplier: Cistern

Condo/Co-op/Association

  • HOA Metro Fees Frequency: Unknown

Schools

  • Elementary School: Rico K-8
  • Middle School: Rico K-8
  • High School: Rico K-12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2023
Sold by
Smith Kiplynn
Bought by
Kiplynn J Smith Trust
Total Days on Market
130
Current Estimated Value
$605,000

Purchase Details

Closed on
Jun 22, 2018
Sold by
Kyle Donna Lynn
Bought by
Smith Kiplynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
4.5%
Mortgage Type
New Conventional

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
Kiplynn J Smith Trust -- --
Smith Kiplynn $360,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Kiplynn $269,000
Previous Owner Smith Kiplynn $288,000
Previous Owner Smith Kiplynn $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2012 02/10/12 Sold $48,000 -61.5% $40 / Sq Ft
12/23/2011 12/23/11 Pending -- -- --
08/15/2011 08/15/11 For Sale $124,800 -- $104 / Sq Ft
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
2023 $2,555 $31,729 $12,060 $19,669
2022 $2,372 $27,283 $9,383 $17,900
2021 $2,168 $28,068 $9,653 $18,415
2020 $1,950 $25,608 $9,653 $15,955
2019 $1,301 $28,509 $10,746 $17,763
2018 $1,299 $28,509 $10,746 $17,763
2017 $1,343 $19,036 $7,164 $11,872
2016 $1,318 $16,930 $7,164 $9,766
2015 -- $16,930 $7,164 $9,766
2014 -- $235,397 $90,000 $145,397
Source: Public Records

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Source: Colorado Real Estate Network (CREN)

MLS Number: 661440

Colorado Real Estate Network (CREN)

APN: 504735101001