NOT LISTED FOR SALE

117 7th St Unit 7 Crested Butte, CO 81224

Estimated Value: $487,000 - $606,000

2 Beds
1 Bath
780 Sq Ft
$510/mo HOA Fee

Last Sold August 30, 2024

Last sale price $589,000 $755 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,564/month

48 Days on Market

Highlights

  • Ranch Style House
  • Corner Lot
  • Heating Available
  • Crested Butte Community School Rated A-
  • Dogs Allowed
  • 3-minute walk to Rainbow Park

About This Home

As of August 2024

Experience the ultimate convenience of town living for primary residents or as an investment property! Step into this meticulously updated condo on the second floor, where natural light floods in from three sides, creating a warm and inviting atmosphere. Thoughtfully designed floor plan, in-unit washer/dryer, and lots of closet space. This unit has been transformed with modern touches, including kitchen remodel with open floor plan and all new appliances, new windows, new doors, new hot water heater (2021), new safer & more efficient baseboard heaters with wifi thermostat, new drywall and insulation and new LVP flooring with reinforced subfloors. Located steps away from Gas Cafe and the Bus Stop, embark on early morning powder runs or explore the town's restaurants and shops. Take advantage of onsite townie bike storage and designated off-street parking. Offered partially furnished.

Last Agent to Sell the Property

Alla Rubinstein

Signature Properties Ebner & Associates, LLC Listed on: 05/22/2024

Last Buyer's Agent

Trevor Bona

Bluebird Real Estate, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,945

Year Built

  • Built in 1973 | Remodeled in 2023

HOA Fees

  • $510 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Stucco

Interior Spaces

  • 780 Sq Ft Home
  • Partially Furnished
  • Window Treatments
  • Washer

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Heating Available
  • Water Heater
  • Internet Available
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 325502227042

Community Details

Overview

  • Association fees include insurance, landscaping, sewer, trash, water, snow removal, property taxes
  • Silvanite HOA
  • Silvanite Condos
  • Crested Butte Subdivision

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,945

Year Built

Built in 1973 | Remodeled in 2023

Lot Details

0

HOA Fees

$510 per month

Listing Details

  • Appliance Inclusions: Refrigerator, Washer, Dishwasher, Range/Oven
  • Class: RESIDENTIAL
  • Em Deposit: 3%
  • Em Holder: Allied Title & Escrow
  • Interior Inclusions: Window Coverings, Part Furnished, W/D Hookup
  • Legal Lot Block: UNIT 7, SILVANITE CONDOMINIUMS, CRESTED BUTTE
  • Parcel Id Number: 325502227042
  • Price Per Sq Ft: 755.13
  • Property Description: Corner
  • Real Estate Included: Yes
  • Realist Id: 325502227042
  • Residence Style: Ranch
  • Sale/Rent: For Sale
  • Siding: Stucco
  • Sold Price Sq Ft: 755.13
  • Street Descriptionaccess: Paved
  • Street Designation: Street
  • Zoning: Residential Single Family
  • Type: Condo
  • Access: Year Round
  • Hoa Dogs Allowed: Yes
  • HOA Fees: Yes
  • Internet Service: Yes
  • Total Taxes Dollar: $1,892
  • Year Built: 1973
  • Year Renovated: 2023
  • Foreign Owned Y N: No
  • Prop Description Remarks: Experience the ultimate convenience of town living for primary residents or as an investment property! Step into this meticulously updated condo on the second floor, where natural light floods in from three sides, creating a warm and inviting atmosphere. Thoughtfully designed floor plan, in-unit washer/dryer, and lots of closet space. This unit has been transformed with modern touches, including kitchen remodel with open floor plan and all new appliances, new windows, new doors, new hot water heater (2021), new safer & more efficient baseboard heaters with wifi thermostat, new drywall and insulation and new LVP flooring with reinforced subfloors. Located steps away from Gas Cafe and the Bus Stop, embark on early morning powder runs or explore the town's restaurants and shops. Take advantage of onsite townie bike storage and designated off-street parking. Offered partially furnished.
  • Subdv Name: Crested Butte (Town of)
  • Unit Suite Number: 7
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Bedrooms: 2
  • Estimated Total Sq Ft: 780
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Main Level Sq Ft: 780
  • Total Office Den: 0

Exterior Features

  • Construction Type: Wood

Utilities

  • Utilities: Electric, Phone - Landline, Internet, Phone - Cell Reception
  • Electric Supplier: Gunnison County Electric Association
  • Sewer Supplier: Town of Crested Butte
  • Water Heater: Electric Water Heater
  • Water Supplier: Town of Crested Butte

Condo/Co-op/Association

  • Condo Townhome Complex: Silvanite Condos
  • HOA: Yes
  • Hoa Inclusions: Insurance, Landscaping, Sewer, Trash, Water, Snow Removal, Property Taxes
  • Hoametro Fees: $510
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: Silvanite HOA

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: Partially Furnished

Tax Info

  • Tax Year: 2023

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 22, 2024
Closed on
Aug 30, 2024
Sold by
Stearns Sarah Marie
Bought by
Wright Jennifer L and Wright Mary C
Seller's Agent
Alla Rubinstein
Signature Properties Ebner & Associates, LLC
Buyer's Agent
Trevor Bona
Bluebird Real Estate, LLC
List Price
$589,000
Sold Price
$589,000
Views
19
Current Estimated Value
$547,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,445
Avg. Annual Appreciation
-6.65%
Original Mortgage
$441,750
Outstanding Balance
$437,463
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$110,092

Purchase Details

Closed on
Apr 29, 2021
Sold by
Magner Laura L
Bought by
Stearns Marie

Purchase Details

Closed on
Jun 6, 2005
Sold by
Smith Caroline Kelly and Smith Christopher Bates
Bought by
Magner Laura L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,300
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2004
Sold by
Bryson Bernard E
Bought by
Smith Caroline Kelly
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
Wright Jennifer L $589,000 Land Title
Stearns Marie $310,000 Empire Title Company Springs
Magner Laura L $179,000 None Available
Smith Caroline Kelly $93,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Jennifer L $441,750
Previous Owner Magner Laura L $125,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $589,000 0.0% $755 / Sq Ft
07/09/2024 07/09/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $589,000 -- $755 / 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 $1,945 $31,270 $0 $31,270
2023 $1,945 $27,590 $0 $27,590
2022 $1,785 $22,770 $0 $22,770
2021 $1,616 $23,420 $0 $23,420
2020 $1,172 $17,150 $0 $17,150
2019 $1,149 $17,150 $0 $17,150
2018 $1,113 $16,050 $0 $16,050
2017 $1,120 $16,050 $0 $16,050
2016 $923 $13,910 $0 $13,910
2015 $195 $13,910 $0 $13,910
2014 $195 $5,760 $0 $5,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 813860

Colorado Real Estate Network (CREN)

APN: R002960