NOT LISTED FOR SALE

247 Adams Ranch Rd Mountain Village, CO 81435

Estimated Value: $5,448,000 - $6,545,000

5 Beds
5.5 Baths
4,787 Sq Ft
$1,239/Sq Ft Est. Value

Last Sold October 22, 2018

Last sale price $2,250,000 $470 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $34,653/month

Highlights

  • On Golf Course
  • Spa
  • Radiant Floor
  • Telluride Intermediate School Rated A-
  • 0.47 Acre Lot
  • 3 Fireplaces

About This Home

As of October 2018

Located adjacent to the golf course with great views of the San Sophia Ridge, this high-end five bedroom custom home features four bedrooms in the main house with a large master suite including a separate office/library on the upper level, and a one bed / one bath apartment over the three car garage that generates a minimum of $1,700/mo in rental income. Great outdoor living space with multiple decks, patios, and outdoor hot tub, and the property backs up to open space and the Jurassic Trail. This home is the least expensive five bedroom home in Mountain Village or Town of Telluride, and priced below replacement cost. A Silver Telluride Ski & Golf Club Membership will be included in the purchase price for a Contract accepted by October 15, 2018.

Last Agent to Sell the Property

Alex Martin

Telluride Properties Main St. License #FA100002755 Listed on: 10/22/2018

Co-Listed By

Marcin Ostromecki

Telluride Properties Main St. License #FA100054617

Last Buyer's Agent

Alex Martin

Telluride Real Estate Corp. MV License #FA100002755

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,200

Year Built

  • Built in 2008

Lot Details

  • 0.47 Acre Lot
  • On Golf Course

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 3 Car Parking Spaces

Home Design

  • Frame Construction
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 4,787 Sq Ft Home
  • Wet Bar
  • 3 Fireplaces
  • Window Treatments
  • Radiant Floor
  • Finished Basement

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Steam Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,200

Year Built

Built in 2008

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Co Selling Member Short Id: marcin
  • Directions: Mountain Village Blvd to Adams Ranch Road.
  • Listing Member Name: Alex Martin
  • Listing Office Short Id: 3737
  • Major Area: 20
  • Estimated Number of Acres: 0.47
  • Open House Office I D: 20240605205840903266000000
  • Prop. Type: Residential
  • Selling Member Short Id: 523
  • Selling Office Short Id: 3737
  • Home Age: 8 - 12 Years
  • Deed Restrict: None
  • Property Sub Type: Within Township/City Limits
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Gas Oven/Range, Kitchenette, Microwave, Refrigerator, Washer
  • EstFinishedSqFt: 4787.00
  • Lower Floor 1 Half Bathrooms: 1
  • Source Sq Ft: Architect
  • Disability Access: City, Paved
  • Lower Floor 1 Bedrooms: 5
  • Fireplace: 3, Artificial Gas Logs

Exterior Features

  • Exterior Construction: Frame
  • Disclosures: Covenants, RETT, Seller is Agent, Seller Related
  • Exterior Finish: Stone, Wood (Natural)
  • Lot Number: TMV 616B
  • View: San Sophia Ridge
  • Water Extras: Hot Tub, Patio/Deck, Steam Shower, Wet Bar, Window Coverings
  • Substructure: Finished Basement

Garage/Parking

  • Covered Parking: 3 Car
  • OpenAreaParking: 3 Car +
  • Parking: 3 Car
  • Additional Structure Garage Sq Ft: 918.00

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 40.00

Fee Information

  • PaymentPer: Month
  • Taxes: 6199.86

Lot Info

  • Irrigation: Yes
  • Zoning: Residential
  • Lofts: None

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2018
Closed on
Oct 22, 2018
Sold by
Dwight Jon W
Bought by
Stovall Norman
Seller's Agent
Alex Martin
Telluride Properties Main St.
Buyer's Agent
Alex Martin
Telluride Properties Main St.
Sold Price
$2,250,000
Total Days on Market
0
Current Estimated Value
$5,930,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,680,592
Avg. Annual Appreciation
15.74%
Original Mortgage
$2,260,000
Outstanding Balance
$1,990,930
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,939,662

Purchase Details

Closed on
Mar 3, 2015
Sold by
Dwight Sandra L
Bought by
Dwight Jon W

Purchase Details

Closed on
Mar 2, 2015
Sold by
Badger Darcy K
Bought by
Dwight Jon W

Purchase Details

Closed on
Aug 20, 2005
Sold by
Jjh & C One
Bought by
Dwight Jon W and Dwight Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,569,672
Interest Rate
5.61%
Mortgage Type
Stand Alone Second
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
Stovall Norman $2,250,000 None Available
Dwight Jon W -- None Available
Dwight Jon W -- None Available
Dwight Jon W $229,583 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stovall Norman $2,260,000
Previous Owner Dwight Jon W $2,000,000
Previous Owner Dwight Jon W $230,000
Previous Owner Dwight Jon W $1,569,672
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2018 10/22/18 Sold $2,250,000 -- $470 / Sq Ft
10/22/2018 10/22/18 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 $15,865 $263,410 $54,940 $208,470
2023 $15,163 $265,970 $55,470 $210,500
2022 $8,292 $183,390 $55,470 $127,920
2021 $8,543 $159,510 $24,310 $135,200
2020 $7,329 $138,690 $25,740 $112,950
2019 $7,281 $138,690 $25,740 $112,950
2018 $6,785 $132,120 $0 $0
2017 $6,200 $132,120 $27,000 $105,120
2016 $6,719 $117,490 $29,850 $87,640
2015 $6,568 $117,490 $29,850 $87,640
2014 $8,120 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Telluride Association of REALTORS®

MLS Number: 35875

Telluride Association of REALTORS®

APN: 108-0050078