NOT LISTED FOR SALE

120 Adams Way Unit AR55R1 Telluride, CO 81435

Estimated Value: $4,884,000 - $5,950,000

6 Beds
4.5 Baths
4,710 Sq Ft
$1,111/Sq Ft Est. Value

Last Sold September 08, 2014

Last sale price $1,525,000 $324 Per Sq Ft

Est. 243% increase in value since last sale

Current estimated payment $30,439/month

Highlights

  • On Golf Course
  • Contemporary Architecture
  • 1 Fireplace
  • Telluride Intermediate School Rated A-
  • Radiant Floor
  • Tennis Courts

About This Home

As of September 2014

A must see custom built home priced well below replacement cost at $381/SF! Quality construction, privacy and views highlight this large family home. An over sized gourmet kitchen, private master suite, full workout room with steam shower, granular activated carbon, in floor radiant heat, air purification system, snow melt systems and humidification are some of the many over the top features you will find. Make sure this one is on your list when touring the finest Mountain Village homes! Borders green open space. See Map.

Last Agent to Sell the Property

Patrick Pelisson

Telluride Properties License #FA40043143 Listed on: 08/11/2014

Last Buyer's Agent

Lorrie Denesik

PEAKS REAL ESTATE, SOTHEBY'S INT'L.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,775

Year Built

  • Built in 2008

Lot Details

  • 7,405 Sq Ft Lot
  • On Golf Course

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 3 Open Parking Spaces

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 4,710 Sq Ft Home
  • Partially Furnished
  • 1 Fireplace
  • Radiant Floor

Kitchen

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

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Air Conditioning
  • Heating System Uses Gas

Community Details

Overview

  • Association fees include insurance, sewer, trash

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,775

Year Built

Built in 2008

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Directions: Adams Ranch Rd, left on Adams way. Home is at the bottom of the hill on the right.
  • Listing Member Name: Patrick Pelisson
  • Listing Office Short Id: TPROPOAKST
  • Major Area: 20
  • Estimated Number of Acres: 0.17
  • Open House Office I D: 20081028201314033475000000
  • Prop. Type: Residential
  • Selling Member Short Id: 582
  • Selling Office Short Id: tsirm
  • Home Age: 4 - 7 Years
  • Deed Restrict: None
  • Property Sub Type: Within Township/City Limits
  • Year Built: 2008
  • Building Style: Contemporary
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Gas Oven/Range, Microwave, Refrigerator, Trash Compactor, Washer
  • EstFinishedSqFt: 4710.00
  • Lower Floor 1 Half Bathrooms: 1
  • Source Sq Ft: Assessor
  • Lower Floor 1 Bedrooms: 6
  • Fireplace: 1, Artificial Gas Logs
  • Furnished: Partial

Exterior Features

  • Exterior Construction: Stone
  • Disclosures: RETA
  • Exterior Finish: Stone, Wood (Natural)
  • Lot Number: ARR-5511
  • View: Emma, Iron Mt
  • Deck Sq Ft: 475.00
  • Water Extras: Air Conditioning, Humidification, Patio/Deck, Tennis Court
  • Substructure: Slab

Garage/Parking

  • Covered Parking: 2 Car
  • OpenAreaParking: 3 Car +
  • Parking: 2 Car
  • Additional Structure Garage Sq Ft: 500.00

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 40.00
  • HOA Amenities: Tennis Court
  • HOA Fees Includes: Insurance, Sewer, Trash

Fee Information

  • PaymentPer: Month
  • Taxes: 9774.53

Lot Info

  • Zoning: Residential
  • Lofts: None

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2019
Sold by
Betz Stephen P
Bought by
Stephen Betz Trust
Total Days on Market
0
Current Estimated Value
$5,234,655

Purchase Details

Closed on
Oct 26, 2018
Sold by
Betz Living Trust
Bought by
Betz Stephen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 11, 2014
Closed on
Sep 8, 2014
Sold by
Jones Don and Jones Sandy
Bought by
Betz Living Trust
Seller's Agent
Patrick Pelisson
Telluride Properties
Buyer's Agent
Lorrie Denesik
PEAKS REAL ESTATE, SOTHEBY'S INT'L.
Sold Price
$1,525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.90%
Original Mortgage
$805,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 18, 2005
Sold by
Timber Ridge At Adams Ranch Llc
Bought by
Jones Don and Jones Sandy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.06%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Stephen Betz Trust -- None Available
Betz Stephen P -- Land Title Guarantee Co
Betz Living Trust $1,525,000 Land Title Guarantee Company
Jones Don $350,000 Security Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephen Betz Trust $1,900,000
Closed Stephen Betz Trust $400,000
Closed Stephen Betz Trust $360,000
Closed Betz Stephen P $1,000,000
Previous Owner Betz Living Trust $805,000
Previous Owner Jones Don $1,370,000
Previous Owner Jones Don $1,350,000
Previous Owner Jones Don $1,500,000
Previous Owner Overlook Donald P $200,000
Previous Owner Jones Donald P $1,300,000
Previous Owner Jones Don $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2014 09/08/14 Sold $1,525,000 -- $324 / Sq Ft
08/11/2014 08/11/14 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 $13,524 $225,100 $26,800 $198,300
2023 $12,926 $227,280 $27,060 $200,220
2022 $7,317 $148,730 $27,060 $121,670
2021 $7,538 $140,760 $12,160 $128,600
2020 $6,414 $119,290 $11,850 $107,440
2019 $6,372 $121,380 $13,940 $107,440
2018 $5,930 $115,470 $0 $0
2017 $5,419 $115,470 $15,480 $99,990
2016 $6,164 $107,790 $17,110 $90,680
2015 $6,026 $107,790 $17,110 $90,680
2014 $7,621 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Telluride Association of REALTORS®

MLS Number: 30552

Telluride Association of REALTORS®

APN: 108-0060049