NOT LISTED FOR SALE

3 Ruth's Rd Crested Butte, CO 81224

Estimated Value: $3,319,000 - $5,059,000

4 Beds
3.5 Baths
2,637 Sq Ft
$1,534/Sq Ft Est. Value

Last Sold May 18, 2021

Last sale price $3,100,000 $1,176 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $22,713/month

Highlights

  • Ski Accessible
  • Spa
  • Deck
  • Crested Butte Community School Rated A-
  • Mountain View
  • Living Room with Fireplace

About This Home

As of May 2021

CHARMED from the moment you see this home on the West side of Ruth's Road. Always on the summer wildflower tour, the landscaping is fantastic. The delightful 4 bedroom 3.5 bath well build home with extra sitting/TV room comes fully furnished. Vaulted and beamed ceilings for the great room. The living area has a natural stone fireplace and grilling deck with hot tub facing Paradise Divide. Master bedroom and private bath reside on this floor along with a half bath and pantry for the kitchen. The beautiful natural wood exterior is all reclaimed antique siding- 100 to 120 years old and costly to construct. The 16" horizontal logs below are two inches thick and are reclaimed from an old sawmill in Utah. An impeccably maintained home, the chinking was all redone two years ago. The vertical upper siding is 3/1/2" x 3/4" tongue and groove reclaimed wood from an over 100 year old mule barn. All this siding is original hardwood and maintenance free. No painting or other upkeep needed for this premium wood. As an added bonus Roger Cesario build the home with Andrew Hadley as the architect.

Last Agent to Sell the Property

Cathy Benson

LIV Sotheby's International Realty - CB Listed on: 03/03/2021

LIV Sotheby's International Realty - CB

Last Buyer's Agent

Channing Boucher

LIV Sotheby's International Realty - CB

LIV Sotheby's International Realty - CB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,956

Year Built

  • Built in 2001

Lot Details

  • 7,841 Sq Ft Lot
  • Adjacent to Greenbelt
  • Open Space
  • Cul-De-Sac
  • Landscaped
  • Sprinkler System

Property Views

  • Mountain
  • Valley

Home Design

  • Post and Beam
  • Permanent Foundation
  • Raised Foundation
  • Metal Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Partially Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Free Standing Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Wood Frame Window
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den with Fireplace
  • Game Room
  • Unfinished Basement
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Radiant Floor
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Deck
  • Outdoor Gas Grill

Schools

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

Utilities

  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Ski Accessible

Listing and Financial Details

  • Assessor Parcel Number 317734401012

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,956

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave
  • Estimated Total Acres: 0.18
  • Class: RESIDENTIAL
  • Elevation: 8885
  • Em Deposit: 100,000
  • Em Holder: Land Title
  • Exterior Inclusions: Landscaping, Deck, Gas Grill, Hot Tub, Lawn Sprinklers
  • Fronts: Ruth's Road
  • Interior Inclusions: Wired/Cable TV, Part Furnished, Ceiling Fan(s), Vaulted Ceiling, Granite Counters, Central Vacuum, Garage Door Opener, Game Room, Heated Garage
  • Legal Lot Block: Lot 12, KAPUSHION SUBDIVISION
  • List Price per Sq Ft: 1175.58
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 317734401012
  • Price Per Sq Ft: 1175.58
  • Property Description: Adj to Greenbelt, Cul-de-sac, Adj to Open Space, Skier Access
  • Real Estate Included: Yes
  • Realist Id: 317734401012
  • Residence Stories: Two Story
  • Sale/Rent: For Sale
  • Siding: Wood
  • Sold Price Sq Ft: 1175.58
  • Street Descriptionaccess: City/Town, Paved, 50'-75' Frontage, Public, Public Winter Maintenance
  • Street Designation: Road
  • Tax Account Id: R031567
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Access: Year Round
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: 7,955.82
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Island, Kitchen Bar, Living Room Dining
  • Bedrooms: 4
  • Flooring: Hardwood, Slate
  • Estimated Total Sq Ft: 2637
  • Basement Sq Ft: 36
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 4
  • Fireplace Location Type: Gas Logs, Gas Starters, Free Standing, Living Room, Den/Family Room
  • Foundation: Stemwall, Basement-unfinished, Crawl Space, Permanent
  • Main Level Sq Ft: 1337
  • Master Bedroom Level: Main Level
  • Total Office Den: 0
  • Upper Level Sq Ft: 1275

Exterior Features

  • Windows: Clad, Double Pane, Low Emittance, Metal, Wood
  • Construction Type: Wood Frame, Wood, Post & Beam
  • Exterior Structures: Garage
  • Roof: Metal
  • Views: Mountains, Valley

Garage/Parking

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

Utilities

  • Utilities: Electric, Natural Gas, Cable TV, Internet, Phone - Cell Reception, Phone - Landline
  • Electric Supplier: Gunnison County Electric Association
  • Gas Supplier: Atmos Energy
  • Heating System: Boiler, Floor Radiant
  • Sewer Supplier: Town of Crested Butte
  • Water Heater: Gas Water Heater
  • Water Supplier: Town of Crested Butte

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: 2020

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
Mar 3, 2021
Closed on
May 18, 2021
Sold by
Revocable Trust Of James J Murray
Bought by
Colorado Olives Branch Llc
Seller's Agent
Cathy Benson
LIV Sotheby's International Realty - CB
Buyer's Agent
Channing Boucher
LIV Sotheby's International Realty - CB
List Price
$3,100,000
Sold Price
$3,100,000
Current Estimated Value
$4,045,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$945,467
Avg. Annual Appreciation
6.16%
Original Mortgage
$3,100,000
Outstanding Balance
$2,804,982
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,240,485

Purchase Details

Closed on
Aug 23, 2017
Sold by
Murray James J
Bought by
Revocable Trust Of James J Murray

Purchase Details

Closed on
Apr 5, 2000
Sold by
Rothman David J
Bought by
Murray James J

Purchase Details

Closed on
Nov 2, 1998
Sold by
Kapushion Development Llc
Bought by
Rothman David J
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
Colorado Olives Branch Llc $3,100,000 Land Title Guarantee Company
Revocable Trust Of James J Murray -- None Available
Murray James J $285,000 --
Rothman David J $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colorado Olives Branch Llc $3,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2021 05/18/21 Sold $3,100,000 0.0% $1,176 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $3,100,000 -- $1,176 / 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 $17,948 $258,310 $45,670 $212,640
2023 $17,948 $254,630 $45,020 $209,610
2022 $9,298 $118,630 $30,030 $88,600
2021 $8,420 $122,050 $30,900 $91,150
2020 $7,956 $116,400 $34,930 $81,470
2019 $7,795 $116,400 $34,930 $81,470
2018 $8,673 $125,120 $30,230 $94,890
2017 $8,731 $125,120 $30,230 $94,890
2016 $8,027 $120,930 $30,080 $90,850
2015 $5,800 $120,930 $30,080 $90,850
2014 $5,800 $84,750 $29,760 $54,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 779342

Colorado Real Estate Network (CREN)

APN: R031567