NOT LISTED FOR SALE

0 Studley Ln Unit 747950 Crested Butte, CO 81224

Estimated Value: $1,901,000 - $3,952,000

4 Beds
2.5 Baths
3,420 Sq Ft
$802/Sq Ft Est. Value

Last Sold November 16, 2018

Last sale price $925,000 $270 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $16,237/month

81 Days on Market

Highlights

  • Horses Allowed On Property
  • Mountain View
  • Hydromassage or Jetted Bathtub
  • Crested Butte Community School Rated A-
  • Radiant Floor
  • Mud Room

About This Home

As of November 2018

80 Studley Lane is a one of a kind horse property on 2.39 acres with irrigated pasture, just one mile south of downtown Crested Butte. This tucked away secret offers incredible mountain views with the privacy and solitude once desires, yet you are close to all Crested Butte has to offer. The four bedroom, two and half bath home has been recently updated with new paint, carpet and appliances. Amenities include granite tile kitchen counter-tops, solid cherry kitchen cabinets, in-floor heat; stone and natural tile throughout, open living, kitchen and dining room areas, two decks and two-car attached garage. Just imagine the serenity of sitting in the back yard watching the sun highlight the Butte. Take advantage of this incredible opportunity to own in a premier area of Crested Butte. Seller is a licensed Colorado real estate broker.

Last Agent to Sell the Property

Chris Osmundson

Crested Butte Sotheby's International Realty Listed on: 07/16/2018

Co-Listed By

Kiley Flint

LIV Sotheby's International Realty - CB

Last Buyer's Agent

Chris Osmundson

Crested Butte Sotheby's International Realty Listed on: 07/16/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,777

Year Built

  • Built in 1998 | Remodeled in 2017

Lot Details

  • 2.39 Acre Lot
  • Split Rail Fence
  • Privacy Fence
  • Barbed Wire
  • Electric Fence
  • Landscaped
  • Sprinkler System
  • Water Garden

HOA Fees

  • $200 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Home Design

  • Stick Built Home

Interior Spaces

  • 3,420 Sq Ft Home
  • 2-Story Property
  • Tongue and Groove Ceiling
  • Ceiling Fan
  • Free Standing Fireplace
  • Mud Room
  • Combination Dining and Living Room
  • Radiant Floor

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Schools

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

Utilities

  • Vented Exhaust Fan
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Irrigation Water Rights
  • Well
  • Propane Water Heater
  • Septic Tank
  • Septic System
  • Internet Available

Additional Features

  • Covered patio or porch
  • 2 Irrigated Acres
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 325511001001

Community Details

Overview

  • Association fees include snow removal, road maintenance, wifi
  • Studley Ranch Home Owners Association
  • Property is near a preserve or public land

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,777

Year Built

Built in 1998 | Remodeled in 2017

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave, Exhaust Fan
  • Estimated Irrigation Acres: 1.5
  • Estimated Total Acres: 2.394
  • Class: RESIDENTIAL
  • Common Facilities: Storage
  • Em Deposit: 50,000.00
  • Em Holder: TitleCompany
  • Exterior Inclusions: Landscaping, Irrigation Water, Lawn Sprinklers, Water Garden, Covered Porch
  • Horse Setup: Yes
  • Interior Inclusions: Ceiling Fan(s), Jetted Tub, T&G Ceilings, Walk In Closet, Garage Door Opener, Mud Room, Heated Garage
  • Legal Lot Block: PARCEL D KROFT BOUNDRY LINE ADJUSTMENT #611864
  • List Price per Sq Ft: 320.18
  • Livestock Allowed: Horses
  • Lot Size Acreage: 2-4.99
  • Parcel Id Number: 325511001001
  • Price Per Sq Ft: 270.47
  • Property Attached: Yes
  • Property Description: Borders Public Land
  • Real Estate Included: Yes
  • Realist Id: 325511001001
  • Residence Stories: Two Story
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 270.47
  • Street Descriptionaccess: State Highway, County, Paved, Gravel, 100'-150' Frontage
  • Street Designation: Lane
  • Tax Account Id: R071023
  • Type: Stick Built
  • Access: Year Round
  • HOA Fees: Yes
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Lvt Date: 07/16/2018
  • Total Taxes Dollar: 3,777.36
  • Year Built: 1998
  • Year Renovated: 2017
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dining Room: Kitchen Bar, Living Room Dining
  • Bedrooms: 4
  • Estimated Total Sq Ft: 3420
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Fireplace Location Type: Free Standing
  • Master Bedroom Level: Upper Level
  • Total Office Den: 0

Exterior Features

  • Fence: Electric, Privacy, Split Rail, Barbed Wire
  • Views: Mountains, Valley

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Electric, Propane-Tank Leased, Internet, Phone - Cell Reception
  • Electric Supplier: Gunnison County Electric Association
  • Gas Supplier: AmeriGas
  • Heating System: Floor Radiant
  • Irrigation Water Description Amount: Common water rights in Baxter
  • Irrigation Water District: Gunnison
  • Sewer Supplier: Septic
  • Water Heater: Propane Water Heater
  • Water Rights Irrigation: Yes
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 208376

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Snow Removal, Road Maintenance, WiFi
  • Hoametro Fees: 200.00
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: STUDLEY RANCH HOME OWNERS ASSOCIATION

Schools

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

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2018
Closed on
Nov 16, 2018
Sold by
Osmundson Chris and Osmundson Nancy
Bought by
Gaither Richard D
Seller's Agent
Chris Osmundson
Crested Butte Sotheby's International Realty
Buyer's Agent
Chris Osmundson
Crested Butte Sotheby's International Realty
List Price
$1,259,000
Sold Price
$925,000
Premium/Discount to List
-$334,000
-26.53%
Total Days on Market
81
Current Estimated Value
$2,743,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,818,111
Avg. Annual Appreciation
17.10%
Original Mortgage
$693,750
Outstanding Balance
$614,764
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$1,986,095

Purchase Details

Closed on
Oct 31, 2017
Sold by
Kroft Douglas V and Morgan Regina A
Bought by
Osmundson Nancy and Osmundson Chris B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
Gaither Richard D $925,000 None Available
Osmundson Nancy $850,000 Land Title Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaither Richard D $693,750
Previous Owner Osmundson Nancy $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2018 11/16/18 Sold $925,000 -15.5% $270 / Sq Ft
10/05/2018 10/05/18 Pending -- -- --
08/29/2018 08/29/18 Price Changed $1,095,000 -8.4% $320 / Sq Ft
08/02/2018 08/02/18 Price Changed $1,195,000 -5.1% $349 / Sq Ft
07/16/2018 07/16/18 For Sale $1,259,000 -- $368 / 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 $7,664 $130,220 $36,280 $93,940
2023 $7,664 $126,540 $35,260 $91,280
2022 $4,364 $64,170 $14,760 $49,410
2021 $3,869 $66,010 $15,180 $50,830
2020 $4,856 $83,750 $21,310 $62,440
2019 $4,746 $83,750 $21,310 $62,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 747950

Colorado Real Estate Network (CREN)

APN: R071023