NOT LISTED FOR SALE

101 Palmyra Dr Unit 202 Telluride, CO 81435

Estimated Value: $7,265,000 - $7,629,000

5 Beds
5.5 Baths
4,946 Sq Ft
$1,513/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $3,410,000 $689 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $43,696/month

Highlights

  • Ski Accessible
  • Spa
  • Radiant Floor
  • Telluride Intermediate School Rated A-
  • 0.43 Acre Lot
  • 1 Fireplace

About This Home

As of July 2019

This ski home is perfectly ready for the next family to enjoy. On nearly a half acre, the property is meticulously maintained & nicely forested w/plenty of outdoor living. Recently upgraded & only a short, downhill walk to and from the ski trails. The floorplan offers single-level living with the master bedroom, kitchen, dining & family rooms all on one level. The other four spacious bedrooms all have en suite baths & a lower den. 101 Palmyra features just the right amount of logs to give this Mountain Village home a Colorado feel. The views are excellent & will remain unobstructed. The backyard is generous & overall the property is private. New roof/gutters, deck, furniture and bedding installed 2015/16.

Last Agent to Sell the Property

Mike Shimkonis

Telluride Properties License #FA40017979 Listed on: 05/30/2019

Last Buyer's Agent

KENNETH GRODBERG

PEAKS REAL ESTATE, SOTHEBY'S INT'L.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,693

Year Built

  • Built in 1998

Lot Details

  • 0.43 Acre Lot
  • Sprinkler System

HOA Fees

  • $40 Monthly HOA Fees

Home Design

  • Metal Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 4,946 Sq Ft Home
  • Wet Bar
  • 1 Fireplace
  • Game Room
  • Radiant Floor
  • Home Security System

Kitchen

  • Gas Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Steam Shower

Laundry

  • Dryer
  • Washer

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage

Outdoor Features

  • Spa
  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

Recreation

  • Ski Accessible
  • Ski Lockers

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,693

Year Built

Built in 1998

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Directions: Mtn Village Blvd to Benchmark. Left on Palmyra. 1st home on left.
  • Listing Member Name: Mike Shimkonis
  • Listing Office Short Id: TPROPOAKST
  • Major Area: 20
  • Estimated Number of Acres: 0.43
  • Open House Office I D: 20081028201314033475000000
  • Prop. Type: Residential
  • Selling Member Short Id: 193
  • Selling Office Short Id: livmain
  • Home Age: 13 - 20 Yrs
  • Deed Restrict: None
  • Property Sub Type: Within Township/City Limits
  • Year Built: 1998
  • Year Renovated: 2016.00
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Gas Oven/Range, Microwave, Refrigerator, Washer
  • EstFinishedSqFt: 4946.00
  • Lower Floor 1 Half Bathrooms: 1
  • Source Sq Ft: Assessor
  • Disability Access: City, Paved
  • Lower Floor 1 Bedrooms: 5
  • Fireplace: 1, Artificial Gas Logs
  • Furnished: None

Exterior Features

  • Disclosures: Covenants, RETA
  • Exterior Finish: Log, Stone, Wood (Natural)
  • Lot Number: 217A
  • Roof: Metal
  • Water Extras: Game Room, Hot Tub, Humidification, Lawn Sprinkler, Patio/Deck, Security System, Ski Room, Steam Shower, Wet Bar

Garage/Parking

  • Covered Parking: 2 Car, Heated
  • OpenAreaParking: 3 Car +
  • Parking: 2 Car Garage

Utilities

  • Electric: Power Company
  • Gas Company: Natural
  • Hot Water: Public
  • Heating: Forced Air, Gas, Radiant in Floor

Condo/Co-op/Association

  • HOA Fees: 40.00

Fee Information

  • PaymentPer: Month
  • Taxes: 9692.88

Lot Info

  • Irrigation: Yes
  • Zoning: Residential
  • Lofts: None

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2019
Closed on
Jul 31, 2019
Sold by
Cline Mitchell R and Cline Margaret A
Bought by
Tenmile Holdings Llc
Seller's Agent
Mike Shimkonis
Telluride Properties
Buyer's Agent
KENNETH GRODBERG
PEAKS REAL ESTATE, SOTHEBY'S INT'L.
Sold Price
$3,410,000
Total Days on Market
0
Current Estimated Value
$7,485,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,075,126
Avg. Annual Appreciation
14.29%
Original Mortgage
$1,250,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 2, 2010
Sold by
Paulea Telluride Llc
Bought by
Cline Mitchell R and Cline Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 15, 2003
Sold by
Grand Investment Corp A Tx Cor
Bought by
Paulea Telluride Llc A Co Llc

Purchase Details

Closed on
Jun 16, 2000
Sold by
Kohan John E Residence Trust
Bought by
Grand Investment Corporation

Purchase Details

Closed on
May 3, 1999
Sold by
Arete Development
Bought by
Kohan John E Residence Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tenmile Holdings Llc $3,410,000 Land Title Guarantee Co
Cline Mitchell R $2,950,000 Utc Colorado
Paulea Telluride Llc A Co Llc $2,916,700 --
Grand Investment Corporation $2,375,000 --
Kohan John E Residence Trust $1,690,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tenmile Holdings Lcl $1,235,200
Closed Tenmile Holdings Llc $1,250,000
Previous Owner Cline Mitchell R $1,000,000
Previous Owner Cline Mitchell R $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2019 07/31/19 Sold $3,410,000 -- $689 / Sq Ft
05/30/2019 05/30/19 Pending -- -- --
Source: Telluride Association of REALTORS®

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 $19,651 $325,410 $60,300 $265,110
2023 $18,782 $328,570 $60,890 $267,680
2022 $11,756 $228,190 $60,890 $167,300
2021 $12,112 $226,160 $49,340 $176,820
2020 $10,939 $207,020 $49,340 $157,680
2019 $10,868 $207,020 $49,340 $157,680
2018 $9,693 $188,750 $0 $0
2017 $8,857 $188,750 $50,040 $138,710
2016 $12,077 $211,200 $47,760 $163,440
2015 $11,584 $207,210 $47,760 $159,450
2014 $10,585 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Shimkonis

    Seller's Agent in 2019

    Mike Shimkonis

    Telluride Properties

    (970) 708-2157

    104 in this area

    151 Total Sales

    Mike Shimkonis
    Section Image

  • K

    Buyer's Agent in 2019

    KENNETH GRODBERG

    PEAKS REAL ESTATE, SOTHEBY'S INT'L.

See All Agents

Map

Source: Telluride Association of REALTORS®

MLS Number: 34892

Telluride Association of REALTORS®

APN: 108-0020217

Colorado San Miguel County Telluride 81435

101 Palmyra Dr Unit 202, Telluride, CO

This home is located at 101 Palmyra Dr Unit 202, Telluride, CO 81435 since 30 May 2019 and is currently estimated at $7,485,126, approximately $1,513 per square foot. This property was built in 1998. 101 Palmyra Dr Unit 202 is a home located in San Miguel County with nearby schools including Telluride Intermediate School, Telluride Middle School, and Telluride High School.

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