NOT LISTED FOR SALE

3 Elcho Ave Unit 1 Crested Butte, CO 81224

Estimated Value: $559,771 - $641,000

2 Beds
2 Baths
788 Sq Ft
$467/mo HOA Fee

Last Sold August 01, 2023

Last sale price $555,000 $704 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,777/month

12 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • 1 Car Detached Garage
  • Crested Butte Community School Rated A-
  • Covered Patio or Porch
  • Baseboard Heating

About This Home

As of August 2023

3 Elcho Unit #1 is a beautiful, updated condo with plenty of storage and a great location in the heart of Crested Butte South. The first floor is where you'll find the spacious living room with solid wood floors, updated 3/4 bathroom, laundry, and kitchen. The kitchen has also been updated, with custom cabinetry and countertops, and stainless steel appliances featuring an induction stovetop that many chefs consider superior to gas. The two bedrooms are located upstairs, the spacious primary bedroom also features hardwood floors, and the full bathroom is once again beautifully updated. Best of all, you'll never need to store your skis, bikes, and other gear inside thanks to the garage. You can find additional storage options in the attic space above the garage as well as private lockers located in a hallway of the HOA common space. There is parking for three vehicles- the garage, in front of the garage, and the reserved spot in the front of the building. This complex features great outdoor areas with a firepit, recreational opportunities, and more. Crested Butte South is one of the area's favorite neighborhoods thanks to Red Mountain park, easy bus access to Crested Butte and Gunnison, and a growing business district with too many businesses to mention. Freshly painted and maintained inside and out, this corner unit is a rare find in this price range, so take a look today.

Last Agent to Sell the Property

Frank Konsella

Berkshire Hathaway HomeServices Today Realty & Associates Listed on: 06/08/2023

Berkshire Hathaway HomeServices Today Realty & Associates

Last Buyer's Agent

Trevor Bona

Bluebird Real Estate, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 1979

HOA Fees

  • $467 Monthly HOA Fees

Home Design

  • Concrete Foundation
  • Metal Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 788 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Mountain Views

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Baseboard Heating
  • Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • Association fees include building maintenance, insurance, landscaping, trash, water, snow removal, fishing rights, parking, road maintenance, common area taxes
  • Cement Creek Condos (East River) HOA
  • Cement Creek Condos East Condos
  • Crested Butte South Subdivision

Listing and Financial Details

  • Assessor Parcel Number 325727214001

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,500

Year Built

Built in 1979

Lot Details

0

HOA Fees

$467 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer
  • Class: RESIDENTIAL
  • Em Deposit: 15000
  • Em Holder: Title Co.
  • Exterior Inclusions: Covered Porch
  • Interior Inclusions: Window Coverings, Wired/Cable TV, Garage Door Opener
  • Legal Lot Block: UNIT 1 EAST RIVER BLDG CEMENT CREEK CONDOS #638191
  • Parcel Id Number: 325727214001
  • Price Per Sq Ft: 704.31
  • Real Estate Included: Yes
  • Realist Id: 325727214001
  • Residence Stories: Two Story
  • Sale/Rent: For Sale
  • Siding: Stucco, Wood
  • Sold Price Sq Ft: 704.31
  • Street Descriptionaccess: Paved
  • Street Designation: Avenue
  • Type: Condo
  • Access: Year Round
  • Hoa Dogs Allowed: Yes-w/restrictions
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: 1500
  • Year Built: 1979
  • Foreign Owned Y N: No
  • Prop Description Remarks: 3 Elcho Unit #1 is a beautiful, updated condo with plenty of storage and a great location in the heart of Crested Butte South. The first floor is where you'll find the spacious living room with solid wood floors, updated 3/4 bathroom, laundry, and kitchen. The kitchen has also been updated, with custom cabinetry and countertops, and stainless steel appliances featuring an induction stovetop that many chefs consider superior to gas. The two bedrooms are located upstairs, the spacious primary bedroom also features hardwood floors, and the full bathroom is once again beautifully updated. Best of all, you'll never need to store your skis, bikes, and other gear inside thanks to the garage. You can find additional storage options in the attic space above the garage as well as private lockers located in a hallway of the HOA common space. There is parking for three vehicles- the garage, in front of the garage, and the reserved spot in the front of the building. This complex features great outdoor areas with a firepit, recreational opportunities, and more. Crested Butte South is one of the area's favorite neighborhoods thanks to Red Mountain park, easy bus access to Crested Butte and Gunnison, and a growing business district with too many businesses to mention. Freshly painted and maintained inside and out, this corner unit is a rare find in this price range, so take a look today.
  • Subdv Name: Crested Butte South
  • Unit Suite Number: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 19

Interior Features

  • Bedrooms: 2
  • Flooring: Carpet-Partial, Hardwood, Tile
  • Estimated Total Sq Ft: 788
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 2
  • Foundation: Concrete
  • Master Bedroom Level: Upper Level
  • Total Office Den: 0

Exterior Features

  • Construction Type: Wood Frame
  • Roof: Metal
  • Views: Mountains

Garage/Parking

  • Garage Type: Detached Garage
  • Garage: Yes
  • Garage Capacity: 1

Utilities

  • Utilities: Electric, Cable TV, Internet
  • Electric Supplier: Gunnison County Electric Association
  • Heating System: Electric Baseboard
  • Sewer Supplier: Crested Butte South Metropolitan District
  • Water Heater: Electric Water Heater
  • Water Supplier: Crested Butte South Metro District

Condo/Co-op/Association

  • Condo Townhome Complex: Cement Creek Condos-East
  • HOA: Yes
  • Hoa Inclusions: Building Maintenance, Insurance, Landscaping, Trash, Water, Snow Removal, Fishing Rights, Parking, Road Maintenance, Common Area Taxes
  • Hoametro Fees: 467
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: Cement Creek Condos (East River)

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

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

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
Jun 8, 2023
Closed on
Aug 1, 2023
Sold by
Giannaula Hollie and Giannaula John
Bought by
Abbott Ryan Christopher and Barnes Jordan Carissa
Seller's Agent
Frank Konsella
Berkshire Hathaway HomeServices Today Realty & Associates
Buyer's Agent
Trevor Bona
Bluebird Real Estate, LLC
List Price
$575,000
Sold Price
$555,000
Premium/Discount to List
-$20,000
-3.48%
Views
31
Current Estimated Value
$591,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,443
Avg. Annual Appreciation
4.45%
Original Mortgage
$499,000
Outstanding Balance
$489,830
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$120,182

Purchase Details

Listed on
Jul 28, 2020
Closed on
Dec 3, 2020
Sold by
Schmidt Kathryn M
Bought by
Giannaula Hollie and Giannaula John
Seller's Agent
Meg Brethauer
Crested Butte Resort Real Estate
Buyer's Agent
Frank Konsella
Berkshire Hathaway HomeServices Today Realty & Associates
List Price
$359,000
Sold Price
$349,000
Premium/Discount to List
-$10,000
-2.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.05%

Purchase Details

Closed on
Feb 26, 2016
Sold by
Grubbs Whitehead Tanya D and Whitehead William D
Bought by
Schmidt Kathryn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2005
Sold by
Silva Laura B
Bought by
Whitehead Tanya D Grubbs and Whitehead William D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,500
Interest Rate
5.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2004
Sold by
Millman Laura B
Bought by
Silva Laura B

Purchase Details

Closed on
Aug 14, 1998
Sold by
Community First National Inc
Bought by
Millman Laura B

Purchase Details

Closed on
Dec 15, 1993
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
Abbott Ryan Christopher $555,000 Land Title
Giannaula Hollie $349,000 Land Title Guarantee Co
Schmidt Kathryn M $100,000 None Available
Whitehead Tanya D Grubbs $229,500 None Available
Silva Laura B -- --
Millman Laura B $83,000 --
-- $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abbott Ryan Christopher $499,000
Previous Owner Schmidt Kathryn M $100,000
Previous Owner Whitehead Tanya D Grubbs $206,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Sold $555,000 -3.5% $704 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $575,000 +64.8% $730 / Sq Ft
12/03/2020 12/03/20 Sold $349,000 -2.8% $443 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $359,000 0.0% $456 / Sq Ft
09/08/2020 09/08/20 Price Changed $359,000 +2.9% $456 / Sq Ft
08/02/2020 08/02/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $349,000 -- $443 / Sq Ft
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 $2,086 $33,990 $0 $33,990
2023 $2,086 $30,310 $0 $30,310
2022 $1,500 $18,990 $0 $18,990
2021 $1,342 $19,540 $0 $19,540
2020 $945 $13,640 $0 $13,640
2019 $917 $13,640 $0 $13,640
2018 $702 $9,810 $0 $9,810
2017 $699 $9,810 $0 $9,810
2016 $626 $9,170 $0 $9,170
2015 -- $9,170 $0 $9,170
2014 -- $6,280 $0 $6,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 804438

Colorado Real Estate Network (CREN)

APN: R015297