495 Park Lane

495 Park Lane has been categorized by the local assessors in Ridgway, CO as a residential type of property. The building on the property was first built in 2003 and is 21 years old. However, we must point out that the home was most recently renovated and altered in 2010. The home has a total of 2 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 495 Park Lane has 2,259 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 378 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 54,929 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage underground or in the basement for those who require parking. The garage measured 616 sqft. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of materials that we aren't sure of. The exterior walls of the building are made of log. In terms of heating, it is utilizing a forced air unit and being fueled with propane. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 495 Park Lane was last sold in Mar 19, 2020 for $557,500. According to our calculations, that's $246.79 per sqft. Prior to that sales transaction, the property was sold for $420,000 in Aug 15, 2006. Current property owners are expected to pay $3,682 in taxes per year. The property on 495 Park Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $61,390. To break that down further, the land itself was valued at $16,110. While improvements to the property were assessed at a total of $45,280. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.