NOT LISTED FOR SALE

261 Adams Ranch Rd Unit 40 Telluride, CO 81435

Estimated Value: $2,998,000 - $5,563,000

4 Beds
2.5 Baths
3,045 Sq Ft
$1,239/Sq Ft Est. Value

Last Sold May 05, 2021

Last sale price $1,990,000 $654 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $21,920/month

Highlights

  • 0.51 Acre Lot
  • 1 Fireplace
  • Forced Air Heating System
  • Telluride Intermediate School Rated A-
  • Log Cabin

About This Home

As of May 2021

Escape to a hidden paradise tucked into the woods in Mountain Village! This traditional log cabin is infused with historic artifacts throughout, making it a rare offering in a sublime location. Situated on the ridge overlooking 13,000-foot peaks, the golf course is just steps away, as is skiing, bike trails and other outdoor adventures.

Last Agent to Sell the Property

Mike Shimkonis

Telluride Properties License #FA40017979 Listed on: 03/01/2021

Co-Listed By

Anna Wilson

Telluride Properties License #FA100077988

Last Buyer's Agent

Mike Shimkonis

Telluride Properties License #FA40017979 Listed on: 03/01/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,467

Year Built

  • Built in 1999

Lot Details

  • 0.51

Parking

  • 3 Open Parking Spaces

Home Design

  • Log Cabin
  • Shake Roof
  • Stone Siding
  • Log Siding

Interior Spaces

  • 3,045 Sq Ft Home
  • Partially Furnished
  • 1 Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • 0.51 Acre Lot
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,467

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Directions: Mountain Village Boulevard from CO-145 to Adams Ranch Rd. Turn left.. Drive 2.5 miles. House on left just after intersection of Double Eagle Drive and Adams Ranch Road.
  • Listing Member Name: Mike Shimkonis
  • Listing Office Short Id: TPROPOAKST
  • Major Area: 20
  • Estimated Number of Acres: 0.51
  • Open House Office I D: 20081028201314033475000000
  • Prop. Type: Residential
  • Selling Member Short Id: 212
  • Selling Office Short Id: TPROPOAKST
  • Home Age: 21 - 40 Years
  • Deed Restrict: None
  • Property Sub Type: Within Township/City Limits
  • Year Built: 1999
  • Building Style: Log
  • Special Features: None

Interior Features

  • EstFinishedSqFt: 3045.00
  • Lower Floor 1 Half Bathrooms: 1
  • Source Sq Ft: Appraiser
  • Disability Access: City
  • Lower Floor 1 Bedrooms: 4
  • Fireplace: 1, Artificial Gas Logs
  • Furnished: Partial

Exterior Features

  • Exterior Construction: Log
  • Disclosures: RETA
  • Exterior Finish: Log, Stone
  • Lot Number: 621
  • Roof: Shake
  • View: Sneffels, Wilson
  • Substructure: Crawl Space

Garage/Parking

  • Covered Parking: 2 Car
  • OpenAreaParking: 3 Car +
  • Parking: 2 Car

Utilities

  • Electric: Power Company
  • Gas Company: Natural
  • Hot Water: Public
  • Heating: Forced Air

Fee Information

  • Taxes: 4466.74

Lot Info

  • Zoning: Residential
  • Lofts: None

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
May 3, 2021
Sold by
Vroom George W
Bought by
Lewis Angela and Lewis Tracy
Seller's Agent
Mike Shimkonis
Telluride Properties
Buyer's Agent
Mike Shimkonis
Telluride Properties
Sold Price
$1,990,000
Total Days on Market
0
Current Estimated Value
$3,774,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,784,074
Avg. Annual Appreciation
16.71%
Original Mortgage
$1,293,500
Outstanding Balance
$1,184,614
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$2,559,570

Purchase Details

Closed on
Dec 15, 1998
Sold by
Valdez Katherine and Valdez Michael
Bought by
Vroom George W

Purchase Details

Closed on
Apr 3, 1996
Sold by
Adams Homestead Land Co
Bought by
Valdez Katherine and Valdez Micheal
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
Lewis Angela $1,990,000 Land Title Guarantee Co
Vroom George W $702,000 --
Valdez Katherine $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Angela $1,293,500
Previous Owner Vroom George W $175,000
Previous Owner Vroom George W $100,000
Previous Owner Vroom George W $612,000
Previous Owner Venon George $600,000
Previous Owner Vroom George W $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2021 05/05/21 Sold $1,990,000 -- $654 / Sq Ft
03/01/2021 03/01/21 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 $8,812 $147,950 $54,940 $93,010
2023 $8,422 $149,380 $55,470 $93,910
2022 $4,921 $122,050 $55,470 $66,580
2021 $5,071 $94,680 $24,310 $70,370
2020 $4,467 $84,530 $25,740 $58,790
2019 $4,438 $84,530 $25,740 $58,790
2018 $4,197 $81,720 $0 $0
2017 $3,835 $81,720 $27,000 $54,720
2016 $4,316 $75,470 $29,850 $45,620
2015 $4,219 $75,470 $29,850 $45,620
2014 $4,649 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Shimkonis

    Seller's Agent in 2021

    Mike Shimkonis

    Telluride Properties

    (970) 708-2157

    104 in this area

    151 Total Sales

    Mike Shimkonis
    Section Image
  • Anna Wilson

    Seller Co-Listing Agent in 2021

    Anna Wilson

    Telluride Properties

    (970) 708-7159

    41 in this area

    66 Total Sales

    Anna Wilson
    Section Image
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Map

Source: Telluride Association of REALTORS®

MLS Number: 39420

Telluride Association of REALTORS®

APN: 108-0095621

Colorado San Miguel County Telluride 81435

261 Adams Ranch Rd Unit 40, Telluride, CO

This home is located at 261 Adams Ranch Rd Unit 40, Telluride, CO 81435 since 01 March 2021 and is currently estimated at $3,774,074, approximately $1,239 per square foot. This property was built in 1999. 261 Adams Ranch Rd Unit 40 is a home located in San Miguel County with nearby schools including Telluride Intermediate School, Telluride Middle School, and Telluride High School.

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