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1040 Sheep Ridge Rd

Fairplay, CO 80440

2 bd 1 ba 816 sqft Built 1988 Lot 43,560 sqft single_family
Most recent sale
$260,000
Apr 5, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 17, 2025 Sold $450,000 REcolorado
Jun 22, 2025 Listed $450,000 REcolorado
Apr 9, 2024 Sold $260,000 Public Record
Apr 5, 2024 Sold $260,000 REcolorado
Apr 5, 2024 Listing removed Summit
Jan 12, 2024 Price changed $300,000 Summit
Nov 30, 2023 Listed $380,000 REcolorado
Nov 28, 2023 Listed $380,000 Summit
Oct 2, 2009 Sold $164,000 Public Record
Jun 3, 2009 Listing removed $169,950 IRES
May 1, 2009 Listed $169,950 IRES
Jan 1, 2002 Sold $120,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $27,510 $5,090 $32,600 $2,219
2024 $27,510 $5,090 $32,600 $1,409
2023 $19,020 $4,170 $23,190 $1,348
2022 $12,160 $2,250 $14,410 $922
2021 $12,510 $2,320 $14,830 $902
2020 $7,810 $1,670 $9,480 $595
2019 $7,810 $1,670 $9,480 $576
2018 $6,680 $1,610 $8,290 $514
2017 $6,680 $1,610 $8,290 $464
2016 $6,660 $1,750 $8,410 $455
2015 $6,660 $1,750 $8,410 $464
2014 $7,250 $2,330 $9,580 $537
2013 $7,250 $2,330 $9,580 $530
2012 $8,060 $3,080 $11,140 $588
2011 $8,060 $3,080 $11,140 $583
2010 $11,810 $3,410 $15,220 $746
2009 $11,810 $3,410 $15,220 $738
2008 $11,150 $2,580 $13,730 $649
2007 $11,150 $2,580 $13,730 $636

Property facts

Year built
1988
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
816 sqft
Lot size
43,560 sqft
ZIP code
80440
City
Fairplay
Street
Sheep Ridge Rd
Coordinates
39.14643, -106.03122

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,714
Gross rental yield
7.91%
Implied cap rate
5.14%
Trend-extrapolated value

Frequently asked questions

When did 1040 Sheep Ridge Rd last sell?
1040 Sheep Ridge Rd most recently sold on Apr 5, 2024 for $260,000.
What is the current tax assessment for 1040 Sheep Ridge Rd?
The most recent total assessment for 1040 Sheep Ridge Rd (year 2025) is $32,600 with $2,219 in property tax.
How does 1040 Sheep Ridge Rd's assessment compare to its last sale price?
The current assessment is 87.5% below the last sale price of $260,000.
When was 1040 Sheep Ridge Rd built?
1040 Sheep Ridge Rd was built in 1988.
How does 1040 Sheep Ridge Rd compare to others on Sheep Ridge Rd?
We track 8 other properties on Sheep Ridge Rd. Browse the list under "Other properties on Sheep Ridge Rd" to compare beds, baths, and sale history.
What are the property facts for 1040 Sheep Ridge Rd?
1040 Sheep Ridge Rd is a 2 bed, 1 bath, 816 sqft, 43,560 sqft lot single_family.
Is 1040 Sheep Ridge Rd a flip candidate?
Yes — 1040 Sheep Ridge Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1040 Sheep Ridge Rd a tax-appeal candidate?
No — 1040 Sheep Ridge Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.4%
Implied 1-yr
+5.7%
2026 Q3
$474.6K
2026 Q4
$480.9K
ZIP 80440 — Median Price History + Forecast

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