NOT LISTED FOR SALE

229 S Spruce St Telluride, CO 81435

Estimated Value: $951,000 - $9,130,101

5 Beds
5.5 Baths
4,246 Sq Ft
$1,187/Sq Ft Est. Value

Last Sold October 26, 2020

Last sale price $6,575,000 $1,549 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $28,932/month

Highlights

  • Spa
  • Contemporary Architecture
  • 1 Fireplace
  • Telluride Intermediate School Rated A-
  • Radiant Floor
  • 2-minute walk to Telluride Historic District

About This Home

As of October 2020

A classic Telluride Victorian reimagined as a 5 bed, 5.5 bathroom haven. This over 4,000 SF home sits on a double sized lot, and wraps around a private courtyard. Open your living room up to the courtyard decks and hot tub for a true indoor-outdoor living and dining experience. With the original portion of the building built in 1883, you will love this seamless and beautiful union of historical Telluride charm with new construction, and custom interior and architectural design. Enjoy picture-frame views of Ajax, Bear Creek, and the resort throughout. This location maximizes the best of both worlds: just 2.5 blocks from the hubbub of main street, yet in a quiet and private part of town, with excellent solar exposure.

Last Agent to Sell the Property

Chris Chaffen

Idarado Real Estate Company License #IR40012989 Listed on: 12/23/2019

Last Buyer's Agent

Martin Stetina

Telluride Real Estate Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,712

Year Built

  • Built in 1883

Lot Details

  • 5,875 Sq Ft Lot
  • Property is zoned Historic Residential

Parking

  • 2 Car Parking Spaces

Home Design

  • Contemporary Architecture
  • Victorian Architecture
  • Frame Construction
  • Shake Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 4,246 Sq Ft Home
  • 1 Fireplace
  • Game Room
  • Radiant Floor
  • Finished Basement

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio

Additional Features

  • Energy-Efficient Lighting
  • Air Conditioning

Community Details

  • Built by Finbro Construction

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,712

Year Built

Built in 1883

Lot Details

0

Listing Details

  • Directions: 2nd house to the southwest of the Galena & Spruce intersection
  • Listing Member Name: Chris Chaffin
  • Listing Office Short Id: UNKNOWN6
  • Major Area: 10
  • Estimated Number of Acres: 0.14
  • Open House Office I D: 20081028201310144953000000
  • Prop. Type: Residential
  • Selling Member Short Id: marty
  • Selling Office Short Id: TPROPOAKST
  • Home Age: 40+ Years
  • Deed Restrict: None
  • FILLSUBDIVISION: None
  • Property Sub Type: Within Township/City Limits
  • Homebuilder: Finbro Construction
  • Year Built: 1883
  • Year Renovated: 2020.00
  • Building Style: Contemporary, Victorian
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Gas Oven/Range, Microwave, Refrigerator, Washer
  • EstFinishedSqFt: 4246.00
  • Lower Floor 1 Half Bathrooms: 1
  • Source Sq Ft: Architect
  • Disability Access: City
  • Lower Floor 1 Bedrooms: 5
  • Fireplace: 1
  • Furnished: None

Exterior Features

  • Exterior Construction: Frame
  • Disclosures: RETT, Seller is Agent
  • Exterior Finish: Wood (Painted)
  • Lot Number: 15
  • Roof: Metal, Shake or Shingle
  • View: Ballard/Bear Creek
  • Deck Sq Ft: 527.00
  • Water Extras: Air Conditioning, Game Room, Hot Tub, Patio/Deck, Snow Melt System
  • Builder Architect: Matt Lee
  • Substructure: Finished Basement

Garage/Parking

  • Covered Parking: 2 Car
  • Parking: 2 Car
  • Additional Structure Garage Sq Ft: 234.00

Utilities

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

Fee Information

  • Taxes: 6712.00

Lot Info

  • Land Sq Ft: 5875.00
  • Irrigation: Yes
  • Zoning: Historic Residential
  • Lofts: None

Green Features

  • Green Features: Engy Eff Lighting

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2019
Closed on
Oct 26, 2020
Sold by
229 N Spurce Llc
Bought by
Jeacock Revocable Trust
Seller's Agent
Chris Chaffen
Idarado Real Estate Company
Buyer's Agent
Martin Stetina
Telluride Real Estate Corp
Sold Price
$6,575,000
Current Estimated Value
$5,040,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,534,449
Avg. Annual Appreciation
-5.17%
Original Mortgage
$3,000,000
Outstanding Balance
$2,674,364
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,366,187

Purchase Details

Closed on
Jul 6, 2011
Sold by
Citibank Na
Bought by
Pripstein Rochelle B and Pripstein Stephen

Purchase Details

Closed on
May 23, 2011
Sold by
Connick Peter L
Bought by
Citibank Na

Purchase Details

Closed on
Apr 27, 2005
Sold by
The Carlisle Connick Qualified Personal
Bought by
Connick Carlisle M and Connick Peter L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,499,900
Interest Rate
5.29%
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 Buyer Sale Price Title Company
Jeacock Revocable Trust $675,000 Land Title Guarantee Co
Pripstein Rochelle B $1,485,200 Chicago Title Co
Citibank Na -- None Available
Connick Carlisle M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeacock Revocable Trust $3,000,000
Previous Owner Connick Carlisle M $1,499,900
Closed Pripstein Rochelle B $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2020 10/26/20 Sold $6,575,000 +202.3% $1,549 / Sq Ft
12/23/2019 12/23/19 Pending -- -- --
10/04/2018 10/04/18 Sold $2,175,000 -- $505 / Sq Ft View Prior Sale
07/02/2018 07/02/18 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 $29,959 $581,650 $132,850 $448,800
2023 $28,068 $587,290 $134,140 $453,150
2022 $14,912 $587,290 $134,140 $453,150
2021 $21,640 $489,210 $137,990 $351,220
2020 $6,614 $334,480 $128,540 $205,940
2019 $6,547 $149,740 $128,540 $21,200
2018 $6,712 $156,320 $0 $0
2017 $5,621 $156,320 $126,900 $29,420
2016 $5,375 $146,760 $123,930 $22,830
2015 $5,257 $146,760 $123,930 $22,830
2014 $4,030 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Telluride Association of REALTORS®

MLS Number: 37772

Telluride Association of REALTORS®

APN: 101-0094675