NOT LISTED FOR SALE

118 7th St Unit E Crested Butte, CO 81224

Estimated Value: $725,000 - $753,000

3 Beds
1.5 Baths
1,153 Sq Ft
$330/mo HOA Fee

Last Sold October 06, 2021

Last sale price $684,000 $593 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,512/month

Highlights

  • Mountain View
  • Deck
  • Vaulted Ceiling
  • Crested Butte Community School Rated A-
  • Living Room with Fireplace
  • 2-minute walk to Rainbow Park

About This Home

As of October 2021

118 7th St. Unit E is a sunny, attractive 3-bedroom condominium residence easily located at 7th St. and Gothic Avenue in Crested Butte. This three-story condominium includes large, south-facing glass in the living room and patio doors off the dining room opening onto a sunny, south-oriented dining deck with views to Mt. Crested Butte and over the neighborhood. Vaulted ceilings in two bedrooms, an enjoyable heating stove in the living room, wood floors, spacious, light-filled stairwell and covered front entry all enhance this home. Tall windows, beam ceiling, in-unit laundry, protected mudroom, and very convenient garage all add to the fine qualities this condominium provides. Located a short block and a half walk to the ski area shuttle and walkable to all the enjoyments of Crested Butte, this Solstice condominium is a fine opportunity to acquire an in-Town condominium home.

Last Agent to Sell the Property

Sam Lumb

LIV Sotheby's International Realty - CB Listed on: 03/10/2021

LIV Sotheby's International Realty - CB

Last Buyer's Agent

Heather Connor

Real Broker, LLC DBA Real

Real Broker, LLC DBA Real

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,223

Year Built

  • Built in 1993

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • Mountain
  • Valley

Home Design

  • Metal Roof
  • Cedar Siding

Interior Spaces

  • 1,153 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Free Standing Fireplace
  • Double Pane Windows
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Water Heater
  • Internet Available
  • Phone Available

Community Details

  • Association fees include snow removal, management
  • Solstice Condominiums HOA
  • Solstice Condos

Listing and Financial Details

  • Assessor Parcel Number 325502228025

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,223

Year Built

Built in 1993

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Appliance Inclusions: Refrigerator, Washer, Dishwasher, Dryer, Range/Oven
  • Class: RESIDENTIAL
  • Em Deposit: 30,000.00
  • Em Holder: Closing Company
  • Exterior Inclusions: Deck
  • Fronts: Gothic Avenue
  • Interior Inclusions: Vaulted Ceiling
  • Legal Lot Block: Unit E, Solstice Condominiums, #616580, Town of Crested Butte, County of Gunnison, Colorado.
  • List Price per Sq Ft: 606.24
  • Parcel Id Number: 325502228025
  • Price Per Sq Ft: 593.24
  • Real Estate Included: Yes
  • Realist Id: 325502228025
  • Residence Stories: Three Story
  • Sale/Rent: For Sale
  • Siding: Cedar
  • Sold Price Sq Ft: 593.24
  • Street Descriptionaccess: City/Town, Paved
  • Street Designation: Street
  • Tax Account Id: R0 32278
  • Type: Condo
  • Access: Year Round
  • Hoa Dogs Allowed: Yes-w/restrictions
  • HOA Fees: Yes
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 2223.39
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 20

Interior Features

  • Bedrooms: 3
  • Flooring: Carpet-Partial, Hardwood
  • Estimated Total Sq Ft: 1153
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Fireplace Location Type: Living Room, Free Standing
  • Master Bedroom Level: Upper Level
  • Total Office Den: 0

Exterior Features

  • Windows: Clad, Double Pane
  • Construction Type: Wood Frame
  • Roof: Metal
  • Views: Mountains, Valley

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 1

Utilities

  • Utilities: Electric, Phone - Landline, Natural Gas, Internet, Phone - Cell Reception
  • Electric Supplier: Gunnison County Electric Association
  • Gas Supplier: Atmos Energy
  • Heating System: Electric Baseboard
  • Sewer Supplier: Town of Crested Butte
  • Water Heater: Electric Water Heater
  • Water Supplier: Town of Crested Butte

Condo/Co-op/Association

  • Condo Townhome Complex: Solstice Condos
  • HOA: Yes
  • Hoa Inclusions: Snow Removal, Management
  • Hoametro Fees: 330
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: Solstice Condominiums

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: 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
Mar 10, 2021
Closed on
Oct 6, 2021
Sold by
Craig Dawson Charles
Bought by
Sherpa Nima and Sherpa Ang
Seller's Agent
Sam Lumb
LIV Sotheby's International Realty - CB
Buyer's Agent
Heather Connor
Real Broker, LLC DBA Real
List Price
$725,000
Sold Price
$684,000
Premium/Discount to List
-$41,000
-5.66%
Current Estimated Value
$741,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,839
Avg. Annual Appreciation
3.98%
Original Mortgage
$547,200
Outstanding Balance
$504,378
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$294,242

Purchase Details

Closed on
Sep 13, 1999
Sold by
Roscoe Development Corp
Bought by
Dawson Patricia P
Source: Public Records

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
Sherpa Nima $684,000 Land Title
Dawson Patricia P $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherpa Nima $547,200
Closed Sherpa Ang $547,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2021 10/06/21 Sold $684,000 -2.1% $593 / Sq Ft
08/28/2021 08/28/21 Pending -- -- --
08/11/2021 08/11/21 Price Changed $699,000 -3.6% $606 / Sq Ft
03/10/2021 03/10/21 For Sale $725,000 -- $629 / 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 $3,173 $48,690 $0 $48,690
2023 $3,173 $45,010 $0 $45,010
2022 $2,771 $35,350 $0 $35,350
2021 $2,509 $36,370 $0 $36,370
2020 $2,223 $32,530 $0 $32,530
2019 $2,179 $32,530 $0 $32,530
2018 $2,220 $32,020 $0 $32,020
2017 $2,234 $32,020 $0 $32,020
2016 $1,847 $27,830 $0 $27,830
Source: Public Records

Agents Affiliated with this Home

  • Sam Lumb

    Seller's Agent in 2021

    Sam Lumb

    LIV Sotheby's International Realty - CB

    (970) 275-2448

    29 in this area

    58 Total Sales

    Sam Lumb
    Section Image

  • H

    Buyer's Agent in 2021

    Heather Connor

    Real Broker, LLC DBA Real

    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 779518

Colorado Real Estate Network (CREN)

APN: R032278

Colorado Gunnison County Crested Butte 81224

118 7th St Unit E, Crested Butte, CO

This home is located at 118 7th St Unit E, Crested Butte, CO 81224 since 10 March 2021 and is currently estimated at $741,839, approximately $643 per square foot. This property was built in 1993. 118 7th St Unit E is a home located in Gunnison County with nearby schools including Gunnison Elementary School, Crested Butte Community School, and Gunnison Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Colorado Real Estate Network (CREN) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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