NOT LISTED FOR SALE

250 S Fir St Unit 1 Telluride, CO 81435

Estimated Value: $1,754,000 - $2,309,000

2 Beds
2.5 Baths
1,189 Sq Ft
$1,012/mo HOA Fee

Last Sold February 16, 2023

Last sale price $1,925,000 $1,619 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $12,973/month

48 Days on Market

Highlights

  • Contemporary Architecture
  • Steam Shower
  • Patio
  • Telluride Intermediate School Rated A-
  • Wet Bar
  • 3-minute walk to Wintermoon Sled Dog Adventures

About This Home

As of February 2023

Occupying the top two floors in a signature corner location overlooking Telluride's Gondola, historic Strong House & Telluride Transfer project, this 2-bedroom / 2.5 bath offering presents a most compelling opportunity. Within a block of both the groomed slopes of the Telluride Ski Resort and the Town's scenic River Trail, the property is ideally suited for personal use and/or investment. A designated parking space, dedicated storage and a highly-coveted short-term rental license lends itself to a variety of uses. With updated finishes & fixtures within its well-apportioned spaces, the property looks South and West with two sun-washed decks providing natural light and warmth in both levels of living throughout the year.Call for details and to arrange a showing.

Last Agent to Sell the Property

Ana Bowling

Compass Colorado - Telluride License #FA100079378 Listed on: 12/16/2022

Compass Colorado - Telluride

Co-Listed By

Bill Fandel

Compass Colorado - Telluride License #FA40010785

Last Buyer's Agent

Ana Bowling

Compass Colorado - Telluride License #FA100079378 Listed on: 12/16/2022

Compass Colorado - Telluride

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,531

Year Built

  • Built in 1983

Lot Details

  • 2,919

HOA Fees

  • $1,012 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Frame Construction
  • Wood Siding
  • Metal Siding

Interior Spaces

  • 1,189 Sq Ft Home
  • Wet Bar
  • Partially Furnished
  • Window Treatments

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Steam Shower

Laundry

  • Dryer
  • Washer

Parking

  • 1 Covered Space
  • Assigned Parking

Additional Features

  • Patio
  • Baseboard Heating

Community Details

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,531

Year Built

Built in 1983

Lot Details

0

HOA Fees

$1,012 per month

Listing Details

  • Co Selling Member Short Id: 214
  • Directions: Southeast corner of Fir Street and San Juan Avenue
  • Listing Member Name: Ana Bowling
  • Listing Office Short Id: compass
  • Major Area: 10
  • Open House Office I D: 20180918184724524834000000
  • Prop. Type: Condo
  • Selling Member Short Id: anab
  • Selling Office Short Id: compass
  • Home Age: 21 - 40 Years
  • Deed Restrict: None
  • Property Sub Type: Multi-Unit Buildings
  • Year Built: 1983
  • Year Renovated: 2008.00
  • Building Style: Contemporary
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Elec Oven/Range, Freezer, Microwave, Refrigerator, Washer
  • EstFinishedSqFt: 1189.00
  • Lower Floor 1 Half Bathrooms: 1
  • Source Sq Ft: Assessor
  • Disability Access: City, Paved
  • Lower Floor 1 Bedrooms: 2
  • Furnished: Partial
  • Studio: No

Exterior Features

  • Exterior Construction: Frame, Poured Concrete
  • Disclosures: Covenants, RETT
  • Exterior Finish: Metal/Vinyl, Wood (Painted)
  • View: Gondola / Sunset
  • Deck Sq Ft: 80.00
  • Water Extras: Patio/Deck, Steam Shower, Wet Bar, Window Coverings

Garage/Parking

  • Covered Parking: 1 Car
  • Parking: Assigned Enclosed
  • Additional Structure Garage Sq Ft: 120.00

Utilities

  • Electric: Power Company
  • Gas Company: Natural
  • Hot Water: Public
  • Heating: Baseboard, Electric

Condo/Co-op/Association

  • Total Number of Units: Needle Rock
  • HOA Fees: 3035.00
  • HOA Fees Includes: Contingency Fund, Grounds Maintenance, Insurance, Management, Sewer, Snow Removal, Trash, Water

Fee Information

  • PaymentPer: Quarterly
  • Taxes: 9531.00

Lot Info

  • Zoning: Residential/Commercial
  • Lofts: None

Tax Info

  • Tax Year: 2022

Multi Family

  • Total Numberof Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2022
Closed on
Feb 16, 2023
Sold by
Town Of Telluride
Bought by
Rrn Industries Llc
Seller's Agent
Ana Bowling
Compass Colorado - Telluride
Buyer's Agent
Ana Bowling
Compass Colorado - Telluride
List Price
$2,150,000
Sold Price
$1,925,000
Premium/Discount to List
-$225,000
-10.47%
Total Days on Market
48
Views
2
Current Estimated Value
$2,046,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,912
Avg. Annual Appreciation
2.71%
Original Mortgage
$300,024
Outstanding Balance
$237,539
Interest Rate
1%
Mortgage Type
Seller Take Back
Estimated Equity
$1,809,373

Purchase Details

Closed on
Feb 4, 2010
Sold by
Home Loan Investment Company
Bought by
Needlerock Unit 1 Llc

Purchase Details

Closed on
Jan 18, 2008
Sold by
San Juan Avenue Llc
Bought by
Ridemore Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,721
Interest Rate
6.07%
Mortgage Type
Construction
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
Rrn Industries Llc $1,925,000 Land Title Guarantee Company
Rrn Industries Llc $1,925,000 Land Title Guarantee Company
Needlerock Unit 1 Llc $722,500 Utc Colorado
Ridemore Enterprises Inc $795,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rrn Industries Llc $300,024
Previous Owner Ridemore Enterprises Inc $184,721
Previous Owner Ridemore Enterprises Inc $640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2023 02/16/23 Sold $1,925,000 -10.5% $1,619 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
12/16/2022 12/16/22 For Sale $2,150,000 -- $1,808 / Sq Ft
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 $5,651 $112,710 $0 $112,710
2023 $5,294 $113,800 $0 $113,800
2022 $3,219 $70,250 $0 $70,250
2021 $3,284 $74,250 $0 $74,250
2020 $2,429 $55,000 $0 $55,000
2019 $2,405 $55,000 $0 $55,000
2018 $2,310 $53,790 $0 $0
2017 $1,934 $53,790 $0 $53,790
2016 $1,898 $51,820 $0 $51,820
2015 $1,856 $51,820 $0 $51,820
2014 $1,563 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Telluride Association of REALTORS®

MLS Number: 41247

Telluride Association of REALTORS®

APN: 101-0000810