NOT LISTED FOR SALE

257 Gillaspey Ave Crested Butte, CO 81224

Estimated Value: $519,746

0.33 Acre
$1,574,988 Price per Acre
14,375 Sq Ft Lot

Last Sold October 28, 2022

Last sale price $480,000

Est. 8% increase in value since last sale

Current estimated payment $3,120/month

Highlights

  • Mountain View
  • Crested Butte Community School Rated A-
  • Level Lot

About This Lot

As of October 2022

Rare opportunity to own a versatile lot in the Crested Butte South commercial area. CB South is a growing community with a developing commercial area. This . 33 acre parcel is flat in nature and a straightforward building site. Development opportunities include single family, multi-use offering both residential and commercial or a multi-unit residential build. Crested Butte South offers many amenities to property owners including: fishing rights, Red Mountain Park, which includes a playground, outdoor hockey rink, and coming soon skate park. All property owners enjoy easy access to miles of hiking, biking and motor bike trails out Cement Creek Road.

Last Agent to Sell the Property

Maggie Dethloff

Bluebird Real Estate, LLC Listed on: 08/24/2022

Last Buyer's Agent

Maggie Dethloff

Bluebird Real Estate, LLC Listed on: 08/24/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,128

Lot Details

  • 0.33 Acre Lot
  • Level Lot
  • Property is zoned Commercial, Residential Multi Family

HOA Fees

  • $20 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Schools

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

Community Details

  • Association fees include road maintenance
  • Crested Butte South Poa

Listing and Financial Details

  • Security Deposit $25,000
  • Assessor Parcel Number 325727204038

Property Details

Property Type

Land

Est. Annual Taxes

$4,128

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Class: Land
  • Em Holder: Title Company
  • Legal Lot Block: LOT 25, BLOCK 5, CRESTED BUTTE SOUTH SUBDIVISION
  • Lot Size Acreage: .25-.5 Acres
  • Parcel Id Number: 325727204038
  • Street Descriptionaccess: Paved, Public, Public Winter Maintenance
  • Street Designation: Avenue
  • Tax Account Id: R015235
  • Zoning: Commercial, Residential Multi Family, Residential Single Family
  • HOA Fee Frequency: Annually
  • Domestic Sewer: Sewer Tap Available
  • Domestic Water: Public, Tap Available
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 0.33
  • Current Property Use: Dry Land
  • Em Deposit: 25,000
  • Possible Property Use: Commercial, Residential Single Family, Dry Land
  • Price Acre: 1515151.52
  • Topography: Level
  • Price per Sq Ft: 34.78
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 1454545.45
  • Water Tap Available: Yes
  • Access: Year Round
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: $4,015
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains, Valley

Utilities

  • Electric Supplier: Gunnison County Electric Association
  • Gas Supplier: Atmos Energy
  • Water Supplier: Crested Butte South Metro District

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Road Maintenance
  • Hoametro Fees: 242.00
  • Hoa Name: Crested Butte South POA

Schools

  • Elementary School: Crested Butte Community K-12
  • Middle School: Crested Butte Community K-12
  • High School: Crested Butte Community K-12
  • 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
Aug 24, 2022
Closed on
Oct 28, 2022
Sold by
Campbell Lindibeth and Campbell Robert Bruce
Bought by
Terwilliger Thomas M
Seller's Agent
Maggie Dethloff
Bluebird Real Estate, LLC
Buyer's Agent
Maggie Dethloff
Bluebird Real Estate, LLC
List Price
$500,000
Sold Price
$480,000
Premium/Discount to List
-$20,000
-4%
Current Estimated Value
$519,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,746
Avg. Annual Appreciation
2.75%

Purchase Details

Closed on
Nov 3, 1999
Sold by
Greene Jerry
Bought by
Henning Kieth

Purchase Details

Closed on
Aug 17, 1998
Sold by
Frost Torrance A
Bought by
Greene Jerry
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Terwilliger Thomas M $480,000 Land Title
Henning Kieth $40,000 --
Greene Jerry $22,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $480,000 -4.0% --
10/06/2022 10/06/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $500,000 -- --
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 $4,128 $59,990 $59,990 $0
2023 $4,128 $59,990 $59,990 $0
2022 $4,616 $58,460 $58,460 $0
2021 $4,015 $58,460 $58,460 $0
2020 $3,437 $49,630 $49,630 $0
2019 $3,335 $49,630 $49,630 $0
2018 $1,649 $23,060 $23,060 $0
2017 $1,643 $23,060 $23,060 $0
2016 $629 $9,220 $9,220 $0
2015 $392 $9,220 $9,220 $0
2014 $392 $11,080 $11,080 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 797637

Colorado Real Estate Network (CREN)

APN: R015235