NOT LISTED FOR SALE

12 Elkstone Place Unit 403 Mountain Village, CO 81435

Estimated Value: $2,437,000 - $8,279,000

4 Beds
4.5 Baths
3,559 Sq Ft
$1,718/mo HOA Fee

Last Sold April 13, 2021

Last sale price $4,550,000 $1,278 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $36,630/month

3 Days on Market

Highlights

  • Ski Accessible
  • Furnished
  • Dogs Allowed
  • Telluride Intermediate School Rated A-
  • 2 Car Garage

About This Home

As of April 2021

New to Market!!! - Elkstone 21 unit #403 is a luxury mountain modern 4 bedroom, one level condo with 4.5 bathrooms and a flex room/den. With 3,559 sq ft of living space, every room is well proportioned and spacious. The mountain views from this 4th floor property are jaw dropping and can also be enjoyed from the large heated deck. Located a short walk up the heated drive to the ski run and across Mountain Village Blvd. from the grocery store and gondola, access to everything is only a few steps away. Elkstone 21 has a high-end exercise room, outdoor hot tub, courtyard with wood burning fireplace and grill, HOA party room with wine storage, ski locker, multiple storage closets & 2 heated parking spaces. One of the few properties around that has air conditioning! Being offered fully furnished with some exclusions. Your dream condo awaits!

Last Agent to Sell the Property

Adam Black

Telluride Properties LLC Listed on: 02/26/2021

Co-Listed By

Aric Maloy

Telluride Properties LLC

Last Buyer's Agent

Lee Roufa

Engel & Völkers

Engel & Völkers

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,919

Year Built

  • Built in 2010

Lot Details

  • 2.13

HOA Fees

  • $1,718 Monthly HOA Fees

Interior Spaces

  • 3,559 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Garage
  • Basement Garage

Schools

  • Telluride K-6 Elementary School
  • Telluride 7-8 Middle School
  • Telluride 9-12 High School

Utilities

  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 477903208026

Community Details

Overview

  • Elkstone 21 HOA

Recreation

  • Ski Accessible

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,919

Year Built

Built in 2010

Lot Details

0

HOA Fees

$1,718 per month

Listing Details

  • Class: RESIDENTIAL
  • Elevation: 9500
  • Em Deposit: 225,000
  • Em Holder: title company
  • Legal Lot Block: UNIT 26 ELKSTONE A COLORADO COMMON INTEREST COMMUNITY LOT 600A TMV ACC TO FIFTH SUPPLEMENT MAP TO ELKSTONE COMMON INTEREST COMMUNITY MAP REC 06 29 2011 IN PLAT BK 1 PG 4478-4488 AND ACC TO FIRST AMENDMENT TO DECS REC 10 04 2011 AT 419926 AND FIRST AMENDED
  • List Price per Sq Ft: 1291.09
  • Parcel Id Number: 477903208026
  • Price Per Sq Ft: 1278.45
  • Property Description: Skier Access
  • Real Estate Included: Yes
  • Realist Id: 477903208026
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 1278.45
  • Street Designation: Place
  • Tax Account Id: R1080110826
  • Type: Condo
  • Hoa Dogs Allowed: Yes
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Service: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 10,919.28
  • Year Built: 2010
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bedrooms: 4
  • Estimated Total Sq Ft: 3559
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Office Den: 0

Garage/Parking

  • Garage Type: Basement Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Electric Supplier: San Miguel Power Association
  • Gas Supplier: Black Hills Energy
  • Sewer Supplier: Mountain Village Metro District
  • Water Supplier: Mountain Village Metro District

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 1,718
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: Elkstone 21

Schools

  • Elementary School: Telluride K-6
  • Middle School: Telluride 7-8
  • High School: Telluride 9-12
  • High School: Telluride 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

MLS Schools

  • Elementary School: Telluride K-6
  • Middle School: Telluride 7-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
Apr 5, 2021
Sold by
Torres Lara
Bought by
Williams Steven
Seller's Agent
Adam Black
Telluride Properties LLC
Buyer's Agent
Lee Roufa
Engel & Völkers
List Price
$4,595,000
Sold Price
$4,550,000
Premium/Discount to List
-$45,000
-0.98%
Total Days on Market
3
Current Estimated Value
$5,896,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,346,447
Avg. Annual Appreciation
6.46%
Original Mortgage
$318,400
Outstanding Balance
$286,002
Interest Rate
2.12%
Mortgage Type
New Conventional
Estimated Equity
$5,610,445

Purchase Details

Listed on
Aug 14, 2020
Closed on
Sep 22, 2020
Sold by
Red Hill Management Llc
Bought by
Torres Lara
Seller's Agent
JJ Ossola
LIV Sotheby's International Realty - Mountain Village
Buyer's Agent
Ellen Williamson
Telluride Sotheby's International Realty, Office of Bill Fandel
Sold Price
$3,299,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.56%
Original Mortgage
$2,145,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 31, 2016
Closed on
Oct 18, 2016
Sold by
Waterville Property Management Of Colora
Bought by
Red Hill Management Llc
Seller's Agent
J.J. OSSOLA
TELLURIDE SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
J.J. OSSOLA
PEAKS REAL ESTATE, SOTHEBY'S INT'L.
Sold Price
$2,182,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.09%
Original Mortgage
$1,636,875
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Williams Steven $4,550,000 Land Title Guarantee Co
Torres Lara $3,299,000 Land Title Guarantee Co
Red Hill Management Llc $2,182,500 Land Title Guarantee
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Steven $318,400
Previous Owner Torres Lara $2,145,000
Previous Owner Red Hill Management Llc $1,636,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2021 04/13/21 Sold $4,550,000 -1.0% $1,278 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $4,595,000 +39.3% $1,291 / Sq Ft
09/22/2020 09/22/20 Sold $3,299,000 +51.2% $927 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
10/18/2016 10/18/16 Sold $2,182,500 -- $613 / Sq Ft
08/31/2016 08/31/16 Pending -- -- --
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 $21,745 $359,690 $0 $359,690
2023 $20,783 $363,180 $0 $363,180
2022 $11,252 $204,810 $0 $204,810
2021 $11,593 $216,470 $0 $216,470
2020 $10,919 $206,640 $0 $206,640
2019 $10,848 $206,640 $0 $206,640
2018 $7,933 $154,470 $0 $0
2017 $7,249 $154,470 $0 $154,470
2016 $9,766 $170,780 $0 $170,780
2015 $9,547 $170,780 $0 $170,780
2014 $7,659 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adam Black

    Seller's Agent in 2021

    Adam Black

    Telluride Properties LLC

    (970) 729-0568

    121 in this area

    161 Total Sales

    Section Image
  • Aric Maloy

    Seller Co-Listing Agent in 2021

    Aric Maloy

    Telluride Properties LLC

    (970) 729-3400

    129 in this area

    163 Total Sales

    Section Image
  • Lee Roufa

    Buyer's Agent in 2021

    Lee Roufa

    Engel & Völkers

    (970) 729-0526

    22 in this area

    26 Total Sales

    Lee Roufa
    Section Image
  • JJ Ossola

    Seller's Agent in 2020

    JJ Ossola

    LIV Sotheby's International Realty - Mountain Village

    (970) 708-5626

    84 in this area

    91 Total Sales

    JJ Ossola
    Section Image

  • E

    Buyer's Agent in 2020

    Ellen Williamson

    Telluride Sotheby's International Realty, Office of Bill Fandel

  • J

    Seller's Agent in 2016

    J.J. OSSOLA

    TELLURIDE SOTHEBY'S INTERNATIONAL REALTY

See All Agents

Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 779084

Colorado Real Estate Network (CREN)

APN: 108-0110826

Colorado San Miguel County Mountain Village 81435

12 Elkstone Place Unit 403, Mountain Village, CO

This home is located at 12 Elkstone Place Unit 403, Mountain Village, CO 81435 since 26 February 2021 and is currently estimated at $5,896,447, approximately $1,656 per square foot. This property was built in 2010. 12 Elkstone Place Unit 403 is a home located in San Miguel County with nearby schools including Telluride Intermediate School, Telluride Middle School, and Telluride High 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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