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CondominiumResidential
Last sold for $605,000 on May 7, 2013

640 SHERMAN ST # L

RIDGWAY, CO 81432
Building report
0
Baths
566 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
2008
Year BuiltThe year the home was originally built, according to county records.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$605,000 · May 7, 2013

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,639 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$24,510 (2025)
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$24,510
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$22,130
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$392,100

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.59
45
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
47
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
67
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
48
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
89
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.10 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.34%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyOuray
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.2010
RoofThe main material covering the roof, such as asphalt shingle or tile.Shingle
HeatingThe type of heating system in the home.Forced Air

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Ridgway Elementary SchoolB
Elementary · Grades PK–5 · 0.4 mi
M
Ridgway Middle SchoolA
Middle · Grades 6–8 · 0.9 mi
H
Ridgway High SchoolB+
High · Grades 9–12 · 0.9 mi

District: Ridgway School District R-2

Neighborhood · ZIP 81432These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.125
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.93
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.133

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.64%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.32%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.3%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.3,303
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.10 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$75,369
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$106,088
Average tempThe average temperature here across a full year.37°F
Annual precipHow much rain and melted snow falls here in a typical year.30 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.81%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Absentee owner
Company ownedWhether the owner is a company or trust rather than a person.Yes

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

640 Sherman St # L measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the smallest homes in Ridgway 81432
  • Newer than 77% of homes in Ouray County

How it measures up in Ridgway 81432

The dot is this home. The mark in the middle is the typical home in Ridgway 81432.

Living area566 ft²
SmallerTypical 2,104 ft²Bigger

Smaller than almost all homes nearby

Year built2008
OlderTypical 2002Newer

Newer than 73% of homes nearby

How 640 Sherman St # L ranks against every home in each area.
MeasureThis homeRidgway 81432Ouray County
Living areabigger than566 ft²almost no homes2% of homes
Year builtnewer than200873% of homes77% of homes

About 640 Sherman St # L

When did 640 Sherman St # L, Ridgway, CO last sell?

640 Sherman St # L, Ridgway, CO last sold on May 7, 2013 for $605,000, according to the county's recorded deed.

When was 640 Sherman St # L, Ridgway, CO built?

640 Sherman St # L, Ridgway, CO was built in 2008, making it 18 years old. It is a condo/apartment home.

What schools serve 640 Sherman St # L, Ridgway, CO?

640 Sherman St # L, Ridgway, CO is assigned to Ridgway Elementary School (elementary), rated B; Ridgway Middle School (middle), rated A; Ridgway High School (high), rated B+. All sit in Ridgway School District R-2. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 640 Sherman St # L, Ridgway, CO compare to other homes in Ridgway 81432?

Among the 2,038 homes in Ridgway 81432, it is bigger than almost none of them (566 ft² against a typical 2,104 ft²) and it is newer than 73% of them (2008 against a typical 2002). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 640 Sherman St # L, Ridgway, CO?

The 2025 property tax bill for 640 Sherman St # L, Ridgway, CO was $1,639. The county assessed it at $24,510.

Closest homes

More homes in Ridgway 81432

Assigned schools

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