NOT LISTED FOR SALE

11 Crested Mountain Ln Unit L2 Crested Butte, CO 81225

Estimated Value: $900,000 - $1,216,000

2 Beds
2 Baths
1,091 Sq Ft
$694/mo HOA Fee

Last Sold July 14, 2021

Last sale price $862,500 $791 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $7,008/month

3 Days on Market

Highlights

  • Ski Accessible
  • Mountain View
  • Contemporary Architecture
  • Crested Butte Community School Rated A-
  • Deck
  • Living Room with Fireplace

About This Home

As of July 2021

Tucked at the base of Crested Butte Mountain Resort, this is not your typical ski condo. Built in 2016, this new addition to Crested Mountain showcases craftsmanship and modern luxury. The 2-bedroom condo features elegant details— wood floors with in-floor radiant heat, stainless steel gas appliances, granite countertops, knotty alder cabinetry, Hunter Douglas window coverings, and a 9’ floor-to-ceiling fireplace. If the mudroom isn’t enough for your gear, the condo comes with a private 70 square foot heated storage room and ski locker. Enjoy summer on the balcony with views of Mt. Crested Butte, Whetstone, and Red Lady. Mountain bike trails begin just uphill, and the pathway and free shuttle connects you to all of Crested Butte. In the winter, ski right to your back door. If you are watching the lifts spinning from your master bedroom window...invest in a new alarm clock. Wilderness and adventures are waiting. Welcome to low-maintenance living, where a healthy HOA includes gas, cable, internet, water, sewer, trash services, snow removal, landscaping, building maintenance, and more. The unit is meticulously cared for, never short-term or long-term rented, and must be seen to be fully appreciated.

Last Listed By

Cindy Ervin

Crested Butte Resort Real Estate Listed on: 05/20/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,927

Year Built

  • Built in 2016

HOA Fees

  • $694 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Home Design

  • Contemporary Architecture
  • Post and Beam
  • Slab Foundation
  • Metal Roof
  • Wood Siding
  • Stone Siding
  • Stone

Interior Spaces

  • 1,091 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Home Security System

Kitchen

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

Flooring

  • Wood
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

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

Utilities

  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 317726120012

Community Details

Overview

  • Association fees include building maintenance, gas, landscaping, sewer, trash, water, snow removal, internet, parking, cable TV, common area taxes
  • Crested Mountain North HOA
  • Crested Mountain Condos

Recreation

  • Community Spa
  • Ski Accessible

Pet Policy

  • Dogs Allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,927

Year Built

Built in 2016

Lot Details

0

HOA Fees

$694 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave, Exhaust Fan
  • Class: RESIDENTIAL
  • Common Facilities: Hot Tub
  • Em Deposit: 5%
  • Em Holder: Title Company
  • Exterior Inclusions: Deck
  • Interior Inclusions: Wired/Cable TV, All Furnishings, Cathedral Ceiling, Security System, Fire Sprinklers
  • Legal Lot Block: Unit 2, Bldg. L, Crested Mountain North Condominiums, Mt. Crested Butte
  • List Price per Sq Ft: 802.02
  • Parcel Id Number: 317726120012
  • Price Per Sq Ft: 790.56
  • Property Description: Skier Access
  • Real Estate Included: Yes
  • Realist Id: 317726120012
  • Residence Stories: One Story
  • Residence Style: Contemporary
  • Sale/Rent: For Sale
  • Siding: Stone, Wood
  • Sold Price Sq Ft: 790.56
  • Street Descriptionaccess: City/Town
  • Street Designation: Lane
  • Tax Account Id: R027163
  • Zoning: Residential Single Family
  • Type: Condo
  • Access: Year Round
  • Hoa Dogs Allowed: Yes
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Provider: Spectrum/Charter
  • Internet Service: Yes
  • Total Taxes Dollar: 2927.09
  • Year Built: 2016
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 17

Interior Features

  • Dining Room: Kitchen Bar
  • Bedrooms: 2
  • Flooring: Hardwood, Tile
  • Estimated Total Sq Ft: 1091
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Fireplace Location Type: Gas Logs, Living Room
  • Foundation: Slab
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Construction Type: Stone, Post & Beam
  • Roof: Metal
  • Views: Mountains, Valley

Utilities

  • Utilities: Electric, Natural Gas, Cable TV, Internet, Phone - Cell Reception
  • Electric Supplier: Gunnison County Electric Association
  • Gas Supplier: Atmos Energy
  • Heating System: Floor Radiant
  • Sewer Supplier: Town of Mt. Crested Butte
  • Water Heater: Gas Water Heater
  • Water Supplier: Town of Mt. Crested Butte

Condo/Co-op/Association

  • Condo Townhome Complex: Crested Mountain Condos
  • HOA: Yes
  • Hoa Inclusions: Building Maintenance, Gas, Landscaping, Sewer, Trash, Water, Snow Removal, Internet, Parking, Cable TV, Common Area Taxes
  • Hoametro Fees: 694
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: Crested Mountain North

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: Furnished

Tax Info

  • Tax Year: 2020

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
May 20, 2021
Closed on
Jul 13, 2021
Sold by
Bemis Jamie Rae and Bemis Conor Michael
Bought by
Russell Matthew David and Hill Caroline Connor
Seller's Agent
Cindy Ervin
Crested Butte Resort Real Estate
Buyer's Agent
Gary Huresky
LIV Sotheby's International Realty - CB
List Price
$875,000
Sold Price
$862,500
Premium/Discount to List
-$12,500
-1.43%
Total Days on Market
3
Current Estimated Value
$1,051,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,430
Avg. Annual Appreciation
5.21%
Original Mortgage
$776,163
Outstanding Balance
$716,345
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$330,636

Purchase Details

Listed on
Nov 20, 2020
Closed on
Jan 22, 2021
Sold by
Jenkins Michael E
Bought by
Bemis Jamie Rae and Bemis Conor Michael
Seller's Agent
Trevor Bona
Bluebird Real Estate, LLC
Buyer's Agent
Cindy Ervin
Crested Butte Resort Real Estate
List Price
$735,000
Sold Price
$735,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.54%
Original Mortgage
$235,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2005
Sold by
B W Investment Ltd
Bought by
Jenkins Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,100
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 22, 2000
Sold by
White R Lynn
Bought by
B W Investment Ltd A Tx Ltd Part

Purchase Details

Closed on
Oct 5, 1992

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
Russell Matthew David $862,500 Gunnison Cnty Abstract Co La
Bemis Jamie Rae $735,000 Land Title Guarantee Company
Jenkins Michael E $359,000 None Available
B W Investment Ltd A Tx Ltd Part -- --
-- $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell Matthew David $776,163
Previous Owner Bemis Jamie Rae $235,000
Previous Owner Jenkins Michael E $323,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2021 07/14/21 Sold $862,500 -1.4% $791 / Sq Ft
05/23/2021 05/23/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $875,000 +19.0% $802 / Sq Ft
01/22/2021 01/22/21 Sold $735,000 0.0% $674 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
11/20/2020 11/20/20 For Sale $735,000 -- $674 / 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 $5,788 $78,800 $0 $78,800
2023 $5,788 $75,110 $0 $75,110
2022 $3,968 $45,420 $0 $45,420
2021 $3,586 $46,730 $0 $46,730
2020 $2,927 $37,160 $0 $37,160
2019 $2,872 $37,160 $0 $37,160
2018 $2,529 $0 $0 $0
2017 $0 $0 $0 $0
2016 -- $0 $0 $0
2015 $627 $7,750 $0 $7,750
2014 $627 $15,790 $0 $15,790
Source: Public Records

Agents Affiliated with this Home

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Source: Colorado Real Estate Network (CREN)

MLS Number: 782184

Colorado Real Estate Network (CREN)

APN: R027163