NOT LISTED FOR SALE

1590 Red Mountain Ranch Upper Loop Crested Butte, CO 81224

Estimated Value: $1,119,228

35 Acres
$31,978 Price per Acre
1,524,600 Sq Ft Lot

Last Sold January 26, 2023

Last sale price $955,000

Est. 17% increase in value since last sale

Current estimated payment $7,293/month

118 Days on Market

About This Lot

As of January 2023

Awesome views of Crested Butte Mountain and Paradise Divide from this meadow homesite in Red Mountain Ranch. If you are looking for a secluded mountain homesite with aspen trees and conifers, and a mountain wildflower meadow for a yard - this is it! This homesite is on the Upper Loop in Red Mountain Ranch with wildlife all around, access to National Forest and just 12 miles to historic downtown Crested Butte. High producing Water Well in place (well permit #218248). Private access via Red Mountain Ranch to National Forest for hiking, exploring, hunting... start your hike out your back door to the top of Red Mountain! Build your mountain dream home on this gently sloping homesite.

Last Agent to Sell the Property

Chris Kopf

Coldwell Banker Mountain Properties Listed on: 06/27/2022

Coldwell Banker Mountain Properties

Last Buyer's Agent

Chris Kopf

Coldwell Banker Mountain Properties Listed on: 06/27/2022

Coldwell Banker Mountain Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,171

Lot Details

  • 35 Acre Lot
  • Sloped Lot

HOA Fees

  • $250 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Schools

  • Crested Butte Community K-12 Elementary And Middle School
  • Crested Butte Community K-12 High School

Utilities

  • Propane
  • Well
  • Septic System
  • Internet Available
  • Phone Available

Community Details

  • Association fees include road maintenance
  • Red Mountain Ranch HOA

Listing and Financial Details

  • Security Deposit $50,000
  • Assessor Parcel Number 325700002016

Property Details

Property Type

Land

Est. Annual Taxes

$8,171

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Class: Land
  • Em Holder: Land Title Guarantee Co
  • Legal Lot Block: LOT 22, RED MOUNTAIN RANCH SUBDIVISION
  • Lot Size Acreage: 35-50 Acres
  • Parcel Id Number: 325700002016
  • Property Description: Boundaries Surveyed
  • Street Descriptionaccess: Private, Gravel, Private Winter Maintenanc
  • Tax Account Id: R032385
  • Zoning: Residential Single Family
  • HOA Fee Frequency: Annually
  • Domestic Sewer: Septic
  • Domestic Water: Domestic Well
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 35
  • Current Property Use: Residential Single Family
  • Em Deposit: 50,000.00
  • Possible Property Use: Residential Single Family
  • Topography: Sloped
  • Price per Sq Ft: 0.65
  • Sold Priceacre: 27285.71
  • Access: Year Round
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Total Taxes Dollar: 8,171.00
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains, Valley

Utilities

  • Utilities: Electricity, Phone, Internet, Propane Required, Phone - Landline
  • Electric Supplier: Gunnison County Electric Association
  • Gas Supplier: Propane
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 218248

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Road Maintenance
  • Hoametro Fees: 3,000.00
  • Hoa Name: Red Mountain Ranch

Schools

  • High School: Crested Butte Community K-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2021

MLS Schools

  • Elementary School: Crested Butte Community K-12
  • Middle School: Crested Butte Community K-12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Jan 26, 2023
Sold by
Gibson Steven H
Bought by
Nelson Stephen E and Nelson Kristen A
Seller's Agent
Chris Kopf
Coldwell Banker Mountain Properties
Buyer's Agent
Chris Kopf
Coldwell Banker Mountain Properties
List Price
$995,000
Sold Price
$955,000
Premium/Discount to List
-$40,000
-4.02%
Views
48
Current Estimated Value
$1,119,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,228
Avg. Annual Appreciation
5.71%

Purchase Details

Closed on
May 29, 2007
Sold by
Young David E and Young Ann M
Bought by
Gibson Steven H and Gibson Joyce C

Purchase Details

Closed on
Jul 14, 1999
Sold by
Lacy & Dow Llc
Bought by
Young David E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Nelson Stephen E $955,000 Land Title
Gibson Steven H $1,212,500 None Available
Young David E $550,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2023 01/26/23 Sold $955,000 -4.0% --
10/23/2022 10/23/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $995,000 -- --
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 $13,935 $230,070 $230,070 $0
2023 $13,935 $230,070 $230,070 $0
2022 $9,481 $139,400 $139,400 $0
2021 $8,171 $139,400 $139,400 $0
2020 $9,180 $158,340 $158,340 $0
2019 $8,973 $158,340 $158,340 $0
2018 $6,259 $106,720 $106,720 $0
2017 $6,322 $106,720 $106,720 $0
2016 $5,163 $92,800 $92,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 795370

Colorado Real Estate Network (CREN)

APN: R032385