NOT LISTED FOR SALE

106 Highlands Way Unit 9 Telluride, CO 81435

Estimated Value: $5,734,000 - $11,806,559

6 Beds
9 Baths
13,776 Sq Ft
$604/Sq Ft Est. Value

Last Sold February 13, 2012

Last sale price $6,550,000 $475 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $49,433/month

Highlights

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

About This Home

As of February 2012

A stately log and stone residence with exquisite finishes and a floor plan that will accommodate generations of extended family. Bordering Galloping Goose ski trail with extraordinary views of the San Sophia Range, expansive window openings frame the lushly wooded one acre lot beyond. Upscale finishes appointments include granites, travertines, marbles, Lite Touch, home theatre, fitness room, caretaker's suite, custom ski room with boot warmers, sauna, hot tub, 3 laundry facilities and much more.

Last Agent to Sell the Property

TD Smith

Telluride Real Estate Corp License #EA000159431 Listed on: 01/10/2012

Co-Listed By

Chris Sommers

Telluride Properties Main St. License #FA40031239

Last Buyer's Agent

Kelly McGinty

NEVASCA REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,209

Year Built

  • Built in 2004

Lot Details

  • 1 Acre Lot
  • Sprinkler System

HOA Fees

  • $40 Monthly HOA Fees

Home Design

  • Log Cabin
  • Poured Concrete
  • Shake Roof
  • Log Siding
  • Stone Exterior Construction

Interior Spaces

  • 13,776 Sq Ft Home
  • Wet Bar
  • 4 Fireplaces
  • Window Treatments
  • Sauna
  • Radiant Floor
  • Finished Basement

Kitchen

  • Kitchenette
  • Gas Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Steam Shower

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Patio

Community Details

Overview

  • Association fees include contingency fund

Amenities

  • Shuttle

Recreation

  • Ski Accessible

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,209

Year Built

Built in 2004

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Directions: Mountain Village Blvd. to Touchdown Drive to Highlands Way.
  • Listing Member Name: TD Smith
  • Listing Office Short Id: 3737
  • Major Area: 20
  • Estimated Number of Acres: 1.00
  • Open House Office I D: 20240605205840903266000000
  • Prop. Type: Residential
  • Selling Member Short Id: 575
  • Selling Office Short Id: TREC MTN
  • Home Age: 4 - 7 Years
  • Deed Restrict: None
  • FILLSUBDIVISION: None
  • Property Sub Type: Within Township/City Limits
  • Year Built: 2004
  • Building Style: Log
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Gas Oven/Range, Kitchenette, Microwave, Refrigerator, Trash Compactor, Washer
  • EstFinishedSqFt: 13776.00
  • Lower Floor 1 Half Bathrooms: 2
  • Source Sq Ft: Assessor
  • Disability Access: City, Paved
  • Lower Floor 1 Bedrooms: 6
  • Fireplace: 4+, Artificial Gas Logs
  • Furnished: None

Exterior Features

  • Exterior Construction: Log, Poured Concrete, Stone
  • Disclosures: Covenants, RETA
  • Exterior Finish: Log
  • Lot Number: 433
  • Roof: Shake or Shingle
  • View: Ski Trail
  • Water Extras: Garage Door Opener, Hot Tub, Humidification, Lawn Sprinkler, Patio/Deck, Sauna, Steam Shower, Wet Bar, Window Coverings
  • Substructure: Finished Basement

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 40.00
  • HOA Amenities: Dogs Permitted, Shuttle Service
  • HOA Fees Includes: Contingency Fund

Fee Information

  • PaymentPer: Month
  • Taxes: 43209.00

Lot Info

  • Land Sq Ft: 43560.00
  • Irrigation: Yes
  • Zoning: Residential
  • Lofts: None

Tax Info

  • Tax Year: 2009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2015
Sold by
New Prime Inc
Bought by
Low Robert E and Low Lawana L
Current Estimated Value
$8,319,853

Purchase Details

Closed on
Nov 20, 2007
Sold by
Lamelza Michael
Bought by
Royce International Investment Co

Purchase Details

Closed on
Oct 27, 2006
Sold by
San Miguel Development Company Vii L L C
Bought by
Lamelza Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Low Robert E -- Land Title Guarantee
Royce International Investment Co -- Stewart Title Of Colonado
Lamelza Michael $8,000,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lamelza Michael $200,000
Previous Owner Lamelza Michael $5,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2012 02/13/12 Sold $6,550,000 -- $475 / Sq Ft
01/10/2012 01/10/12 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 $46,097 $758,350 $93,800 $664,550
2023 $44,057 $765,710 $94,710 $671,000
2022 $38,868 $728,430 $94,710 $633,720
2021 $40,045 $747,730 $77,940 $669,790
2020 $36,909 $698,480 $77,940 $620,540
2019 $36,669 $698,480 $77,940 $620,540
2018 $31,712 $617,530 $0 $0
2017 $28,978 $617,530 $72,000 $545,530
2016 $36,277 $634,380 $69,650 $564,730
2015 $35,464 $634,380 $69,650 $564,730
2014 $30,678 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Telluride Association of REALTORS®

MLS Number: 27072

Telluride Association of REALTORS®

APN: 108-0088433