NOT LISTED FOR SALE

118 Lost Creek Ln Unit 505 Telluride, CO 81435

Estimated Value: $1,493,000 - $3,189,000

3 Beds
3.5 Baths
2,269 Sq Ft
$2,968/mo HOA Fee

Last Sold April 17, 2018

Last sale price $1,446,500 $638 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $18,081/month

Highlights

  • Ski Accessible
  • Spa
  • Radiant Floor
  • Telluride Intermediate School Rated A-
  • Contemporary Architecture
  • 1 Fireplace

About This Home

As of April 2018

Prime Location! Situated in the heart of the Mountain Village Core, this Luxury 3 Bedroom Condo offers easy ski access and is just steps from shops, restaurants and ski school. Nice corner location with no shared walls and views of Mt. Wilson. Unit enjoys great rental income and flexibility with a separate one bedroom lock-off unit. Enjoy condo ownership with all the services and amenities of an intimate boutique hotel.

Last Agent to Sell the Property

Sally Courtney

Telluride Sotheby's International Realty Listed on: 03/02/2018

Last Buyer's Agent

Jean Vatter

Village Real Estate License #ER40030594

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,431

Year Built

  • Built in 2008

Lot Details

  • 0.45

HOA Fees

  • $2,968 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 2,269 Sq Ft Home
  • Furnished
  • 1 Fireplace
  • Window Treatments
  • Radiant Floor

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Steam Shower

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Covered Parking

Pool

  • Spa
  • Outdoor Pool

Additional Features

  • Accessible Elevator Installed
  • Patio
  • Heating System Uses Gas

Community Details

Overview

  • Association fees include contingency fund, grounds maintenance, insurance, management, sewer, snow removal, trash, water
  • 18 Units

Recreation

  • Community Pool
  • Community Spa
  • Ski Accessible
  • Ski Lockers

Pet Policy

  • Dogs Allowed

Security

  • Front Desk in Lobby
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,431

Year Built

Built in 2008

Lot Details

0

HOA Fees

$2,968 per month

Listing Details

  • Directions: Mountain Village Blvd. to Lost Creek Lane. Take a right on Lost Creek Lane. Lumiere is on the right side just before the end of the cul de sac.
  • Listing Member Name: Sally Puff Courtney
  • Listing Office Short Id: tsiroak
  • Major Area: 20
  • Open House Office I D: 20121130175107508671000000
  • Prop. Type: Condo
  • Selling Member Short Id: 353
  • Selling Office Short Id: VRE
  • Home Age: 8 - 12 Years
  • Deed Restrict: None
  • Property Sub Type: Multi-Unit Buildings
  • Year Built: 2008
  • Building Style: Contemporary
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Gas Oven/Range, Microwave, Refrigerator, Washer
  • EstFinishedSqFt: 2269.00
  • Lower Floor 1 Half Bathrooms: 1
  • Source Sq Ft: Assessor
  • Disability Access: City, Paved
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: 1, Artificl Gas Logset
  • Furnished: Full
  • Studio: No

Exterior Features

  • Exterior Construction: Stone
  • Disclosures: Covenants, Leased, RETA
  • Exterior Finish: Stone, Stucco
  • Lot Number: 28
  • Roof: Tile/Slate
  • View: Palmyra, Ski Area
  • Water Extras: Accessible Elevator Installed, Hot Tub, Patio/Deck, Pool, Steam Shower, Window Coverings
  • Substructure: Slab

Garage/Parking

  • Covered Parking: 1 Car, Heated
  • Parking: 1 Car

Utilities

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

Condo/Co-op/Association

  • Total Number of Units: Lumiere
  • HOA Fees: 2968.00
  • HOA Amenities: Dogs Permitted, Front Desk, Hot Tub, On-Site Management, Pool, Ski Storage/Loc
  • HOA Fees Includes: Contingency Fund, Grounds Maintenance, Insurance, Management, Other, Sewer, Snow Removal, Trash, Water

Fee Information

  • PaymentPer: Month
  • Taxes: 4430.76

Lot Info

  • Zoning: Residential
  • Lofts: None

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Numberof Units: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2022
Sold by
Richard G Harris 2010 Trust
Bought by
Ez Land Company Llc
Total Days on Market
0
Current Estimated Value
$2,587,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Outstanding Balance
$1,502,552
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$1,051,547

Purchase Details

Closed on
Oct 17, 2018
Sold by
Harris Richard
Bought by
Richard G Harris 2010 Trust

Purchase Details

Listed on
Oct 22, 2012
Closed on
Dec 12, 2012
Sold by
Lucky Mountain Holdings Llc
Bought by
The Dennis & Donna Neessen Trust
Seller's Agent
J.J. OSSOLA
TELLURIDE SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Sally Courtney
Telluride Sotheby's International Realty
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$875,000
Interest Rate
2.85%
Mortgage Type
New Conventional
Source: Public Records

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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
Ez Land Company Llc $2,725,000 --
Richard G Harris 2010 Trust -- None Available
The Dennis & Donna Neessen Trust $1,250,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ez Land Company Llc $1,600,000
Previous Owner The Dennis & Donna Neessen Trust $875,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2018 04/17/18 Sold $1,446,500 +15.7% $638 / Sq Ft
03/02/2018 03/02/18 Pending -- -- --
12/12/2012 12/12/12 Sold $1,250,000 -- $551 / Sq Ft
10/22/2012 10/22/12 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 $7,034 $118,850 $0 $118,850
2023 $6,723 $120,000 $0 $120,000
2022 $4,213 $76,680 $0 $76,680
2021 $4,340 $81,040 $0 $81,040
2020 $3,599 $68,100 $0 $68,100
2019 $3,575 $68,100 $0 $68,100
2018 $3,421 $66,610 $0 $0
2017 $3,126 $66,610 $0 $66,610
2016 $3,401 $59,480 $0 $59,480
2015 $3,325 $59,480 $0 $59,480
2014 $3,345 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Telluride Association of REALTORS®

MLS Number: 35739

Telluride Association of REALTORS®

APN: 108-0080035