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1138 Ponderosa Drive

1138 Ponderosa Drive, Ridgway, CO 81432
Property in Ouray
Sold Apr 27, 2021
$535,000
$506,250 by Synergy One Lending
Mortgage Due May 01, 2051
Sold Nov 01, 2004
$390,000
1138 Ponderosa Drive in Ridgway, CO was first built in 1980 and is 44 years old. Although, the building on the property was most recently renovated and altered in 1995. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split level style. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1138 Ponderosa Drive has 3,273 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 45,738 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of unknown. For those who need parking, there is a attached garage. The garage is 1,552 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing floor/wall heating system and being fueled with propane. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1138 Ponderosa Drive sold most recently in Apr 26, 2021 for a total of $535,000. If you work out the math, that's approximately a cost of $163.46 per sqft. Before that, the property was also sold for $390,000 in Nov 1, 2004. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,857 in taxes each year. 1138 Ponderosa Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $53,410. If we break it down further, the land itself was valued at $7,710. Improvements to the property, however, were assessed at a total of $45,700. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1995
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Roof Shape Type: Gable
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 1,552
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 45,738
  • Total Building Area: 3,273
  • Gross Building Area: 5,601
  • Building Area: 3,273
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Floor/wall
  • Heated Square Feet: 3,273
  • Heating Fuel Type: Propane

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LOGHILL VILLAGE
  • Land Acres: 1.05
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBD: LOGHILL VILLAGE UNIT 1 LOT: 16 BLOCK: A S: 6 T: 45 R: 8

Ownership

  • Current Owner : HICKS JASON R
  • Current Owner 2: HICKS DARIS E
  • Previous Owner : NORWOOD MELISSA D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ridgway School District R-2
  • Census Tract: 967601

Zoning

  • Zoning: 26

Geography

  • Account Number: R003686
  • District: 1377
  • Parcel: 430506110002
  • Block: A
  • Lot: 16
  • Meridian: SEC 06 TWN 45 RNG 08
  • Municipality: RIDGEWAY R-2
  • Latitude: 38.1868
  • Longitude: -107.784

    Address

  • Full Address: 1138 Ponderosa Dr
  • Legal Unit: 1
  • Address - House Number: 1138
  • Address - Street Name: Ponderosa
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Ridgway
  • Carrier Code: R001
  • 4-Digit Zip Code: 9434
  • Zip Code: 81432

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,857
  • Tax Rate Code Area: 208

    Appraisal Valuation

  • Standard Deviation: 0.2552
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 63
  • Final Value: 926,687
  • High Value: 1,163,267
  • Low Value: 690,107

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $626,250
  • First Open Lien Mortgage Lender: SYNERGY ONE LENDING
  • First Open Lien Mortgage Recording Date: Apr 27, 2021
  • First Open Lien Mortgage Loan Amount: $506,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2051
  • Second Open Lien Mortgage Lender: BELLCO CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Jan 12, 2022
  • Second Open Lien Mortgage Loan Amount: $120,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Dec 11, 2041

    Market Valuation

  • Market Total Value: $789,470
  • Market Land Value: $113,930
  • Market Improvement Value: $675,540

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,410
  • Assessed Land Value: $7,710
  • Assessed Improvements Value: $45,700

    Sales

  • Current Sale Contract Date: Apr 26, 2021
  • Current Sale Recording Date: Apr 27, 2021
  • Current Sale Transaction ID: 11832783830
  • Current Sale Price: $535,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 228617
  • Previous Sale Recording Date: Nov 01, 2004
  • Previous Sale Contract Date: Nov 01, 2004
  • Previous Sale Amount: $390,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SYNERGY ONE LENDING
  • First Mortgage Transaction Date: Apr 27, 2021
  • First Mortgage Loan Amount: $506,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

About Loghill Village



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Frequently Asked Questions

What neighborhood is 1138 Ponderosa Drive located in?
The 1138 Ponderosa Drive is a located in the neighborhood of Ouray in Loghill Village, Ridgway.
What is the average sales price for listings in 1138 Ponderosa Drive?
The average sales price for units in 1138 Ponderosa Drive is $0 currently.

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