$2,182,500
SOLD OCT 18, 2016

12 Elkstone Place Unit 403 Mountain Village, CO 81435

4 Beds
4.5 Baths
3,559 Sq Ft
$1,826/mo HOA Fee

Recently Sold

$613 Per Sq Ft

Highlights

  • Ski Accessible
  • Spa
  • Radiant Floor
  • Telluride Intermediate School Rated A-
  • Contemporary Architecture
  • 2 Fireplaces

About This Home

As of April 2021

This premier ski-in/ski-out 4BR residence at Elkstone 21, with over 3,500sf of living space, is all on one level featuring 2 master suites, guest suite, bunk room, and a flex room. Commanding views of the St. Sophias with E21's unparalleled finishes & fixtures. Aside from the excellent cross breeze throughout the residence, air conditioning & a whole house humidifier provide for extreme comfort. Excellent on-site amenities include club room, wine room, fitness center, ski/boot room, private owner's locker room, & heated underground parking with 2 dedicated spaces.

Last Agent to Sell the Property

J.J. OSSOLA

TELLURIDE SOTHEBY'S INTERNATIONAL REALTY Listed on: 08/31/2016

Last Buyer's Agent

J.J. OSSOLA

PEAKS REAL ESTATE, SOTHEBY'S INT'L.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,547

Year Built

  • Built in 2010

HOA Fees

  • $1,826 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Poured Concrete
  • Metal Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 3,559 Sq Ft Home
  • Wet Bar
  • Furnished
  • 2 Fireplaces
  • Window Treatments
  • Radiant Floor

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Steam Shower

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Garage Door Opener

Outdoor Features

  • Spa
  • Patio

Additional Features

  • Accessible Elevator Installed
  • Heating System Uses Gas

Community Details

Overview

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

Recreation

  • Community Spa
  • Ski Accessible
  • Ski Lockers

Pet Policy

  • Dogs Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,547

Year Built

Built in 2010

Lot Details

0

HOA Fees

$1,826 per month

Listing Details

  • Directions: Take Mountain Village Blvd. through entry-way, then take right at Elkstone 21, complex is straight ahead.
  • Listing Member Name: J.J. OSSOLA
  • Listing Office Short Id: tsirm
  • Major Area: 20
  • Open House Office I D: 20121130175943700771000000
  • Prop. Type: Condo
  • Selling Member Short Id: 184
  • Selling Office Short Id: tsirm
  • Home Age: 4 - 7 Years
  • Deed Restrict: None
  • Property Sub Type: Multi-Unit Buildings
  • Year Built: 2010
  • Building Style: Contemporary
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Oven/Range, Microwave, Refrigerator, Trash Compactor, Washer
  • EstFinishedSqFt: 3559.00
  • Lower Floor 1 Half Bathrooms: 1
  • Source Sq Ft: Architect
  • Disability Access: City, Paved
  • Lower Floor 1 Bedrooms: 4
  • Fireplace: 2, Artificl Gas Logset
  • Furnished: Full

Exterior Features

  • Exterior Construction: Poured Concrete
  • Disclosures: Covenants, RETA, RETT
  • Exterior Finish: Stone, Wood (Natural)
  • Lot Number: 600A
  • Roof: Metal
  • View: Western Sunset
  • Water Extras: Accessible Elevator Installed, Garage Door Opener, Hot Tub, Humidification, Patio/Deck, Steam Shower, Wet Bar, Window Coverings
  • Substructure: Slab

Garage/Parking

  • Covered Parking: 2 Car
  • Parking: 2 Car Assigned

Utilities

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

Condo/Co-op/Association

  • Total Number of Units: Elkstone 21
  • HOA Fees: 1826.24
  • Association Fee Paid Per: Quarter
  • HOA Amenities: Dogs Permitted, Hot Tub, On-Site Management, Ski Storage/Loc
  • HOA Fees Includes: Contingency Fund, Grounds Maintenance, Insurance, Management, Other, Sewer, Snow Removal, Trash, Water

Fee Information

  • PaymentPer: Month
  • Taxes: 9547.30

Lot Info

  • Zoning: Residential
  • Lofts: None

Tax Info

  • Tax Year: 2015

Multi Family

  • Total Numberof Units: 22

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
0
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

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 Type Sale Price Title Company
Warranty Deed $4,550,000 Land Title Guarantee Co
Warranty Deed $3,299,000 Land Title Guarantee Co
Warranty Deed $2,182,500 Land Title Guarantee
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $318,400 New Conventional
Previous Owner $2,145,000 Commercial
Previous Owner $1,636,875 Adjustable Rate Mortgage/ARM
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: 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 $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

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Map

Source: Telluride Association of REALTORS®

MLS Number: 32637

Telluride Association of REALTORS®

APN: 108-0110826