NOT LISTED FOR SALE

300 W Colorado Ave Unit 3 Telluride, CO 81435

Estimated Value: $2,936,000 - $12,026,635

4 Beds
4 Baths
6,070 Sq Ft
$850/mo HOA Fee

Last Sold March 31, 2020

Last sale price $11,200,000 $1,845 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $44,721/month

Highlights

  • Ski Accessible
  • Contemporary Architecture
  • 2 Fireplaces
  • Telluride Intermediate School Rated A-
  • Radiant Floor
  • 2-minute walk to Wintermoon Sled Dog Adventures

About This Home

As of March 2020

This is Telluride's premier residential property. Located in the very center of the Town of Telluride, this penthouse home is perched above the rest with spectacular, unparalleled views of mountain vistas in all directions. This luxury property encompasses the entire top floor of the Elks Building across from the San Miguel County Courthouse. This home was created as part of a full renovation of the roof and top floor of the Elks Building completed in 2006. Architectural design and interior design was performed by the distinguished architect Alan Wanzenberg of New York City.

Last Agent to Sell the Property

Rosie Cusack

Telluride Luxury Rentals and Real Estate, Inc. License #ER001317999 Listed on: 02/14/2020

Co-Listed By

Ryan Higgins

Telluride Luxury Rentals and Real Estate, Inc. License #FA100080243

Last Buyer's Agent

Stephen Cieciuch

Telluride Properties LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $24,474

Year Built

  • Built in 1989

Lot Details

  • 9,365

HOA Fees

  • $850 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Frame Construction
  • Tar and Gravel Roof

Interior Spaces

  • 6,070 Sq Ft Home
  • Wet Bar
  • Furnished
  • 2 Fireplaces
  • Radiant Floor
  • Home Security System

Kitchen

  • Gas Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Steam Shower

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible

Outdoor Features

  • Patio

Utilities

  • Air Conditioning
  • Heating System Uses Gas

Community Details

Overview

  • Association fees include contingency fund, insurance, management, snow removal, trash
  • 8 Units

Recreation

  • Ski Accessible
  • Ski Lockers

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$24,474

Year Built

Built in 1989

Lot Details

0

HOA Fees

$850 per month

Listing Details

  • Directions: Encompassing the entire top floor of the Elks Building in the center of Telluride, this penthouse home is adjacent to Elks Park and across from the San Miguel County Courthouse. Easy elevator access to this exquisite, one of a kind Telluride residence.
  • Listing Member Name: Rosie Cusack
  • Listing Office Short Id: UNKNOWN15
  • Major Area: 10
  • Prop. Type: Condo
  • Selling Member Short Id: 42
  • Selling Office Short Id: TPROPOAKST
  • Home Age: 13 - 20 Yrs
  • Deed Restrict: None
  • Property Sub Type: Multi-Unit Buildings
  • Year Built: 1989
  • Year Renovated: 2005.00
  • Building Style: Contemporary
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Gas Oven/Range, Microwave, Refrigerator, Trash Compactor, Washer
  • EstFinishedSqFt: 6070.00
  • Source Sq Ft: Assessor
  • Disability Access: City, Paved
  • Lower Floor 1 Bedrooms: 4
  • Fireplace: 2, Artificl Gas Logset
  • Furnished: Full
  • Studio: No

Exterior Features

  • Exterior Construction: Brick, Frame, Poured Concrete
  • Disclosures: Covenants, RETA, RETT
  • Roof: Tar & Gravel/Memb
  • View: 360 Degree Views
  • Deck Sq Ft: 822.00
  • Water Extras: Accessible Elevator Installed, Air Conditioning, Garage Door Opener, Handicap Access, Humidification, Patio/Deck, Security System, Ski Room, Steam Shower, Wet Bar
  • Substructure: Slab

Garage/Parking

  • Covered Parking: 3 Car +, Heated
  • Parking: Assigned Enclosed

Utilities

  • Electric: Power Company
  • Gas Company: Natural
  • Hot Water: Public
  • Heating: Gas, Radiant in Floor

Condo/Co-op/Association

  • Total Number of Units: Elks Building
  • HOA Fees: 10205.29
  • HOAMangmentCompanyInfo: Telluride Consulting, LLC dba Catapult ConsultingPO Box 518Telluride, CO 81435937-248-5714
  • Association Fee Paid Per: Year
  • HOA Amenities: Dogs Permitted
  • HOA Fees Includes: Contingency Fund, Insurance, Management, Snow Removal, Trash

Fee Information

  • PaymentPer: Year
  • Taxes: 24474.08

Lot Info

  • Zoning: Residential/Commercial
  • Lofts: None

Tax Info

  • Tax Year: 2018

Multi Family

  • Total Numberof Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2020
Closed on
Mar 31, 2020
Sold by
Brown Joanne
Bought by
Aama Llc
Seller's Agent
Rosie Cusack
Telluride Luxury Rentals and Real Estate, Inc.
Buyer's Agent
Stephen Cieciuch
Telluride Properties LLC.
Sold Price
$11,200,000
Current Estimated Value
$7,481,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,718,682
Avg. Annual Appreciation
-6.98%

Purchase Details

Closed on
Nov 12, 2019
Sold by
Brown Joanne and Corzine Joanne
Bought by
Brown Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,950,000
Interest Rate
2.87%

Purchase Details

Closed on
Aug 27, 2009
Sold by
Jdc Properties Llc
Bought by
Corzine Joanne

Purchase Details

Closed on
Jan 13, 2003
Sold by
Telluride Lodge Number 692 Bp
Bought by
Jdc Properties Llc A Ny Llc
Source: Public Records

Range of Values:

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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
Aama Llc $11,200,000 Land Title Guarantee
Brown Joanne -- Title First Agency
Corzine Joanne -- None Available
Jdc Properties Llc A Ny Llc $2,175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Joanne $7,950,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2020 03/31/20 Sold $11,200,000 -- $1,845 / Sq Ft
02/14/2020 02/14/20 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 $56,556 $1,094,770 $0 $1,094,770
2023 $35,265 $1,105,390 $0 $1,105,390
2022 $27,794 $606,550 $0 $606,550
2021 $33,319 $753,220 $0 $753,220
2020 $25,991 $588,450 $0 $588,450
2019 $25,729 $588,450 $0 $588,450
2018 $24,474 $569,960 $0 $0
2017 $20,493 $569,960 $0 $569,960
2016 $14,576 $398,000 $0 $398,000
2015 $14,256 $398,000 $0 $398,000
2014 $13,258 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rosie Cusack

    Seller's Agent in 2020

    Rosie Cusack

    Telluride Luxury Rentals and Real Estate, Inc.

    (970) 729-0567

    37 in this area

    50 Total Sales

    Rosie Cusack
    Section Image

  • R

    Seller Co-Listing Agent in 2020

    Ryan Higgins

    Telluride Luxury Rentals and Real Estate, Inc.

    (716) 225-2033

    35 in this area

    50 Total Sales

    Ryan Higgins
    Section Image

  • S

    Buyer's Agent in 2020

    Stephen Cieciuch

    Telluride Properties LLC.

    Section Image
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Map

Source: Telluride Association of REALTORS®

MLS Number: 37196

Telluride Association of REALTORS®

APN: 101-0087722

Colorado San Miguel County Telluride 81435

300 W Colorado Ave Unit 3, Telluride, CO

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