118 Lost Creek Ln Unit 702 Telluride, CO 81435
2
Beds
2.5
Baths
1,622
Sq Ft
$1,900/mo
HOA Fee
Highlights
- Ski Accessible
- Spa
- Radiant Floor
- Telluride Intermediate School Rated A-
- Contemporary Architecture
- 1 Fireplace
About This Home
As of December 2024Rare offering in an A+ location. Lumiere 702 is a one level, top floor two bed, 2 and 1 1/2 bath penthouse with vaulted ceilings, huge views, private elevator access, private hot tub and direct ski in, ski out to chair 4. Enjoy all of the amenities of a full service small boutique hotel and capture strong short term rental income as an added bonus.
Last Agent to Sell the Property
Telluride Properties Main St. License #FA100005549 Listed on: 08/10/2020
Last Buyer's Agent
Andrew Dolese
Telluride Real Estate Corp. MV License #FA100005549
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,973
Year Built
- Built in 2008
HOA Fees
- $1,900 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Poured Concrete
Interior Spaces
- 1,622 Sq Ft Home
- Wet Bar
- Furnished
- 1 Fireplace
- Radiant Floor
Kitchen
- Gas Oven or Range
- Microwave
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Parking
- 1 Covered Space
- Covered Parking
- Assigned Parking
Pool
- Spa
- Outdoor Pool
Additional Features
- Accessible Elevator Installed
- Patio
Community Details
Overview
- Association fees include contingency fund, grounds maintenance, insurance, management, sewer, snow removal, trash
- 28 Units
Amenities
- Shuttle
Recreation
- Community Pool
- Community Spa
- Ski Accessible
- Ski Lockers
Pet Policy
- Dogs Allowed
Security
- Front Desk in Lobby
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 6, 2024
Closed on
Dec 6, 2024
Sold by
Melbourne Investments Llc
Bought by
Jm Telluride Llc
Seller's Agent
Lorrie Denesik
LIV Sotheby's International Realty - Mountain Village
Buyer's Agent
Hilary Taylor
LIV Sotheby's International Realty - Mountain Village
List Price
$4,300,000
Sold Price
$4,150,000
Premium/Discount to List
-$150,000
-3.49%
Total Days on Market
0
Views
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$225,846
Avg. Annual Appreciation
-14.07%
Purchase Details
Listed on
Sep 6, 2024
Closed on
Dec 4, 2024
Sold by
Melbourne Investments Llc
Bought by
Jm Telluride Llc
Seller's Agent
Lorrie Denesik
LIV Sotheby's International Realty - Mountain Village
Buyer's Agent
Hilary Taylor
LIV Sotheby's International Realty - Mountain Village
List Price
$4,300,000
Sold Price
$4,150,000
Premium/Discount to List
-$150,000
-3.49%
Views
5
Purchase Details
Listed on
Jan 29, 2021
Closed on
Mar 4, 2021
Sold by
Belleaud Investment Properties Llc
Bought by
Melbourne Investments Llc
Seller's Agent
Andrew Dolese
Telluride Properties Main St.
Buyer's Agent
Lorrie Denesik
PEAKS REAL ESTATE, SOTHEBY'S INT'L.
Sold Price
$2,275,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.44%
Purchase Details
Listed on
Aug 10, 2020
Closed on
Sep 8, 2020
Sold by
Mountain Jag Llc
Bought by
Billeaud Investment Properties Llc
Seller's Agent
Andrew Dolese
Telluride Properties Main St.
Buyer's Agent
Andrew Dolese
Telluride Properties Main St.
Sold Price
$2,100,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.99%
Purchase Details
Listed on
Sep 14, 2015
Closed on
Oct 14, 2015
Sold by
Trasko Mark S
Bought by
Mountain Jag Llc
Seller's Agent
J.J. OSSOLA
TELLURIDE SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Andrew Dolese
Telluride Properties Main St.
Sold Price
$1,285,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.54%
Original Mortgage
$700,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 29, 2008
Sold by
Kwb Devlopment Llc
Bought by
Trasko Mark S
Similar Homes in Telluride, CO
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Contract Of Sale | -- | -- | |
| Contract Of Sale | -- | -- | |
| Special Warranty Deed | $4,150,000 | Land Title Guarantee Company | |
| Special Warranty Deed | $4,150,000 | Land Title Guarantee Company | |
| Warranty Deed | $2,275,000 | Land Title Guarantee Co | |
| Warranty Deed | $210,000 | Land Title Guarantee Co | |
| Warranty Deed | $1,285,000 | Land Title Guarantee | |
| Warranty Deed | $210,000 | None Available | |
| Warranty Deed | $2,100,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $700,000 | Purchase Money Mortgage | |
| Previous Owner | $100,000 | Unknown | |
| Previous Owner | $200,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/04/2024 12/04/24 | Sold | $4,150,000 | -3.5% | $2,559 / Sq Ft |
| 10/05/2024 10/05/24 | Pending | -- | -- | -- |
| 09/06/2024 09/06/24 | For Sale | $4,300,000 | +89.0% | $2,651 / Sq Ft |
| 03/09/2021 03/09/21 | Sold | $2,275,000 | +8.3% | $1,403 / Sq Ft |
| 01/29/2021 01/29/21 | Pending | -- | -- | -- |
| 09/04/2020 09/04/20 | Sold | $2,100,000 | +63.4% | $1,295 / Sq Ft |
| 08/10/2020 08/10/20 | Pending | -- | -- | -- |
| 10/14/2015 10/14/15 | Sold | $1,285,000 | -- | $792 / Sq Ft |
| 09/14/2015 09/14/15 | Pending | -- | -- | -- |
Source: Telluride Association of REALTORS®
Tax History Compared to Growth
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 | $10,940 | $182,790 | $0 | $182,790 |
| 2023 | $10,456 | $184,560 | $0 | $184,560 |
| 2022 | $5,860 | $106,670 | $0 | $106,670 |
| 2021 | $6,038 | $112,740 | $0 | $112,740 |
| 2020 | $5,006 | $94,730 | $0 | $94,730 |
| 2019 | $4,973 | $94,730 | $0 | $94,730 |
| 2018 | $4,749 | $92,470 | $0 | $0 |
| 2017 | $4,339 | $92,470 | $0 | $92,470 |
| 2016 | $5,462 | $95,520 | $0 | $95,520 |
| 2015 | $5,340 | $95,520 | $0 | $95,520 |
| 2014 | $4,874 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lorrie Denesik
L
Seller's Agent in 2024
Lorrie Denesik
LIV Sotheby's International Realty - Mountain Village
33 in this area
37 Total Sales
-
Hilary Taylor
H
Buyer's Agent in 2024
Hilary Taylor
LIV Sotheby's International Realty - Mountain Village
(970) 417-2589
27 in this area
31 Total Sales
-
Andrew Dolese
A
Seller's Agent in 2021
Andrew Dolese
Telluride Properties Main St.
(970) 708-3739
13 in this area
19 Total Sales
-
J
Seller's Agent in 2015
J.J. OSSOLA
TELLURIDE SOTHEBY'S INTERNATIONAL REALTY
Map
Source: Telluride Association of REALTORS®
MLS Number: 38403
APN: 108-0080057
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