NOT LISTED FOR SALE

0 County Road 4 Unit 750453 Crested Butte, CO 81224

Estimated Value: $3,836,000 - $5,045,225

6 Beds
4 Baths
4,046 Sq Ft
$1,085/Sq Ft Est. Value

Last Sold November 21, 2019

Last sale price $2,850,000 $704 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $24,318/month

Highlights

  • Accessory Dwelling Unit (ADU)
  • Horses Allowed On Property
  • RV or Boat Parking
  • Crested Butte Community School Rated A-
  • River Front
  • Creek or Stream View

About This Home

As of November 2019

An absolute one of a kind property that can never be duplicated: 6.95 acres surrounded by open space; on the Slate River; less than 1/2 mile from downtown Crested Butte and accessed by a county maintained road. This property has NO covenants, a great pumping well and views that are guaranteed to be unobstructed forever! This historic site was once set aside for a hydro-electric plant to serve the needs of the town of Crested Butte when it was abandoned after the onset of WWII: hence, the isolated almost 7 acres. Out your door is hiking and biking on the lower loop trail and world class Nordic skiing in the winter. Check out the Youtube and Matterport video to view each aspect of the house.

Last Agent to Sell the Property

Daniel McElroy

Coldwell Banker Mountain Properties Listed on: 09/12/2018

Coldwell Banker Mountain Properties

Co-Listed By

Letitia (Tisha) McElroy Swan

Coldwell Banker Mountain Properties

Last Buyer's Agent

Heather Featherman

Signature Properties Ebner & Associates, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,578

Year Built

  • Built in 1973

Lot Details

  • 6.95 Acre Lot
  • River Front
  • Partially Fenced Property
  • Barbed Wire
  • Landscaped
  • Corners Of The Lot Have Been Marked
  • Cleared Lot

Parking

  • RV or Boat Parking

Property Views

  • Creek or Stream
  • Mountain
  • Valley

Home Design

  • Cabin
  • Permanent Foundation
  • Raised Foundation
  • Metal Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 4,046 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Stove
  • Window Treatments
  • Wood Frame Window
  • Combination Dining and Living Room
  • Den with Fireplace
  • Crawl Space
  • Washer

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Deck
  • Shed

Schools

  • Crested Butte Community K-12 Elementary And Middle School
  • Crested Butte Community K-12 High School

Farming

  • Cattle
  • Hogs
  • Sheep or Goats

Utilities

  • Boiler Heating System
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heating System Powered By Owned Propane
  • Hot Water Baseboard Heater
  • Well
  • Propane Water Heater
  • Septic Tank
  • Septic System
  • Internet Available
  • Phone Available

Additional Features

  • Accessory Dwelling Unit (ADU)
  • Horses Allowed On Property

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 317700000059

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,578

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Additional Living Quarters: Yes
  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer
  • Estimated Total Acres: 6.95
  • Class: RESIDENTIAL
  • Em Deposit: 50,000.00
  • Em Holder: GCA
  • Exterior Inclusions: Shed/Storage, Landscaping, Deck
  • Fronts: Slate River
  • Horse Setup: Yes
  • Interior Inclusions: Wood Stove, Window Coverings, Vaulted Ceiling
  • Legal Lot Block: 6.95 acres in SW 4 SEC 34 13S86W B487 P161 #478197 #495660
  • List Price per Sq Ft: 716.76
  • Livestock Allowed: Cattle, Horses, Poultry, Sheep, Swine
  • Lot Size Acreage: 5-9.99
  • Parcel Id Number: 317700000059
  • Price Per Sq Ft: 704.4
  • Property Description: Cleared, Boundaries Marked, Boundaries Surveyed, Corners Marked
  • Residence Stories: Two Story
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Wood
  • Sold Price Sq Ft: 704.4
  • Street Descriptionaccess: County, Dirt, Public Winter Maintenance
  • Tax Account Id: R012573
  • Waterfront Type: River
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Access: Year Round
  • Additional Living Type: Cabin
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Lvt Date: 09/12/2018
  • Total Taxes Dollar: 3577.77
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dining Room: Living Room Dining
  • Bedrooms: 6
  • Flooring: Carpet-Partial, Hardwood, Tile
  • Estimated Total Sq Ft: 4046
  • Full Bathrooms: 4
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 4
  • Fireplace Location Type: Den/Family Room
  • Foundation: Stemwall, Crawl Space, Permanent
  • Main Level Sq Ft: 3678
  • Master Bedroom Level: Lower Level

Exterior Features

  • Fence: Barbed Wire, Partial Property
  • Windows: Wood
  • Construction Type: Wood Frame
  • Exterior Structures: Guest House, Shed
  • Roof: Metal
  • Views: Mountains, Valley, Stream/River
  • Waterfront: Yes

Utilities

  • Utilities: Electric, Propane-Tank Owned, Internet, Phone - Cell Reception, Phone - Landline
  • Electric Supplier: Gunnison County Electric Association
  • Gas Supplier: AmeriGas
  • Heating System: Hot Water Baseboard, Boiler, Fireplace, Wood Stove
  • Sewer Supplier: Septic
  • Water Heater: Propane Water Heater
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 92346-VE

Condo/Co-op/Association

  • HOA: Yes

Schools

  • High School: Crested Butte Community K-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018

MLS Schools

  • Elementary School: Crested Butte Community K-12
  • Middle School: Crested Butte Community K-12

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2025
Sold by
Steakhouse Llc
Bought by
Katherine J Karas 2018 Trust and David A Hamsher 2018 Trust
Current Estimated Value
$4,388,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,150,000
Outstanding Balance
$3,138,888
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$1,249,918

Purchase Details

Listed on
Sep 12, 2018
Closed on
Nov 21, 2019
Sold by
Jay And Karen O Neal Living Trust
Bought by
Steakhouse Llc
Seller's Agent
Daniel McElroy
Coldwell Banker Mountain Properties
Buyer's Agent
Heather Featherman
Signature Properties Ebner & Associates, LLC
List Price
$3,500,000
Sold Price
$2,850,000
Premium/Discount to List
-$650,000
-18.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%

Purchase Details

Closed on
Jul 10, 2019
Sold by
Jay O Neal and Neal Karen A O
Bought by
Jay And Karen O Neal Living Trust

Purchase Details

Closed on
Aug 11, 1999
Sold by
Oneal Karen A
Bought by
Oneal Jay
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Katherine J Karas 2018 Trust $4,500,000 Land Title
Steakhouse Llc $2,850,000 Gunnison County Abstract Co
Jay And Karen O Neal Living Trust -- None Available
Oneal Jay -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katherine J Karas 2018 Trust $3,150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2019 11/21/19 Sold $2,850,000 -1.7% $704 / Sq Ft
09/18/2019 09/18/19 Pending -- -- --
07/01/2019 07/01/19 Price Changed $2,900,000 -6.5% $717 / Sq Ft
11/08/2018 11/08/18 Price Changed $3,100,000 -11.4% $766 / Sq Ft
09/12/2018 09/12/18 For Sale $3,500,000 -- $865 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $14,779 $251,700 $107,050 $144,650
2023 $16,869 $248,020 $105,490 $142,530
2022 $10,412 $153,090 $42,270 $110,820
2021 $9,232 $157,500 $43,480 $114,020
2020 $4,661 $80,390 $31,610 $48,780
2019 -- $73,240 $28,950 $44,290
2018 -- $61,000 $22,920 $38,080
2017 -- $61,000 $22,920 $38,080
2016 -- $55,670 $22,640 $33,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 750453

Colorado Real Estate Network (CREN)

APN: R012573