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220 Sherman Street

220 Sherman Street, Ridgway, CO 81432
House in Ouray
Sold Sep 18, 2019
$705,000
Sold Jun 10, 1997
Transfer
Local assessors in Ridgway, CO have categorized 220 Sherman Street as a residential type of property. The home was built in 1979 and is 45 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 283,576 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 220 Sherman Street has a total of 1,642 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of wood shake/ shingles. Residents rely on air conditioning for their cooling system. The home's a heating system we are unsure of is the primary heating source and it is being fueled with wood. 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, 220 Sherman Street sold most recently in Sep 17, 2019 for a total of $705,000. If you work out the math, that's approximately a cost of $429.35 per sqft. 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 $5,673 in taxes each year. 220 Sherman Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $93,130. If we break it down further, the land itself was valued at $76,900. Improvements to the property, however, were assessed at a total of $16,230. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Exterior

Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1990
  • Total Rooms: 1
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Construction Type: Frame
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 283,576
  • Total Building Area: 1,642
  • Gross Building Area: 4,448
  • Building Area: 1,642
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Other
  • Heated Square Feet: 1,642
  • Heating Fuel Type: Wood

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVER RANCH I
  • Land Acres: 6.51
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: SUBD: RIVER RANCH I PARCEL A S: 16 T: 45 R: 8

Ownership

  • Current Owner : JFR RIVER RANCH LLC
  • Previous Owner : HAGERT LAURA FIKE
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Ridgway School District R-2
  • Census Tract: 967602

Zoning

  • Zoning: 12

Geography

  • Account Number: R001850
  • District: 1569
  • Parcel: 430516318001
  • Meridian: SEC 16 TWN 45 RNG 08
  • Municipality: RIDGEWAY R-2
  • Latitude: 38.1497
  • Longitude: -107.753

    Address

  • Full Address: 220 Sherman St
  • Address - House Number: 220
  • Address - Street Name: Sherman
  • Address - Suffix Type: St
  • State: CO
  • City Name: Ridgway
  • Carrier Code: R002
  • 4-Digit Zip Code: 8706
  • Zip Code: 81432

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,673
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.2575
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 63
  • Final Value: 1,249,987
  • High Value: 1,571,908
  • Low Value: 928,067

    Market Valuation

  • Market Total Value: $1,376,610
  • Market Land Value: $1,136,710
  • Market Improvement Value: $239,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $93,130
  • Assessed Land Value: $76,900
  • Assessed Improvements Value: $16,230

    Sales

  • Current Sale Contract Date: Sep 17, 2019
  • Current Sale Recording Date: Sep 18, 2019
  • Current Sale Transaction ID: 11647052422
  • Current Sale Price: $705,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 223776
  • Previous Sale Recording Date: Jun 10, 1997
  • Previous Sale Contract Date: Jun 10, 1997
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROBERT D HAGERT TRUST
  • First Mortgage Transaction Date: Sep 18, 2019
  • First Mortgage Loan Amount: $634,500
  • First Mortgage Terms: 17
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Mar 01, 2021

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Ridgway



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Frequently Asked Questions

What neighborhood is 220 Sherman Street located in?
The 220 Sherman Street is a house located in the neighborhood of Ouray in Ridgway, Ridgway.
What is the average sales price for listings in 220 Sherman Street?
The average sales price for units in 220 Sherman Street is $0 currently.

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