NOT LISTED FOR SALE

316 W Pacific Ave Unit 3 Telluride, CO 81435

Estimated Value: $1,689,000 - $3,335,000

2 Beds
2.5 Baths
1,223 Sq Ft
$500/mo HOA Fee

Last Sold March 01, 2019

Last sale price $1,460,000 $1,194 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $16,305/month

Highlights

  • Spa
  • Radiant Floor
  • Furnished
  • Telluride Intermediate School Rated A-
  • Victorian Architecture
  • 3-minute walk to Wintermoon Sled Dog Adventures

About This Home

As of March 2019

In the .7 square mile hamlet of Telluride, there are no bad locations, but there are some truly exceptional ones! In the absolute heart of the Telluride Historic District, one block from the Gondola and just around the corner from Telluride's quaint Main Street, is the 'Red Door', a charming historic cottage originally built in 1891, tastefully and creatively reinvented into a contemporary cozy home. With two bedrooms, 2.5 baths, this adorable 1223 square foot cottage is perfect in every detail.

Last Agent to Sell the Property

Bjorn Fallenius

Coldwell Banker Distinctive Properties-Telluride License #EA229971 Listed on: 01/04/2019

Last Buyer's Agent

ERIK FALLENIUS

NEVASCA REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,526

Year Built

  • Built in 1891

Lot Details

  • 4,487

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Home Design

  • Victorian Architecture
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,223 Sq Ft Home
  • Furnished
  • Radiant Floor
  • Home Security System
  • Finished Basement

Kitchen

  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • Spa

Community Details

  • Association fees include grounds maintenance, insurance, management, sewer, snow removal, trash, water
  • 3 Units

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,526

Year Built

Built in 1891

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Directions: Walk north up Oak Street from the gondola station, turn left on Pacific Avenue and walk 100 yards until you reach the unit at 316 West Pacific Ave.
  • Listing Member Name: Bjorn Erik Fallenius
  • Listing Office Short Id: cbdptell
  • Major Area: 10
  • Open House Office I D: 20180612154936580941000000
  • Prop. Type: Condo
  • Selling Member Short Id: 19
  • Selling Office Short Id: cbdptell
  • Home Age: 40+ Years
  • Deed Restrict: None
  • Property Sub Type: Multi-Unit Buildings
  • Year Built: 1891
  • Building Style: Victorian
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Refrigerator, Washer
  • EstFinishedSqFt: 1223.00
  • Lower Floor 1 Half Bathrooms: 1
  • Source Sq Ft: Assessor
  • Disability Access: City
  • Lower Floor 1 Bedrooms: 2
  • Furnished: Full
  • Studio: No

Exterior Features

  • Exterior Construction: Frame
  • Disclosures: RETT
  • Exterior Finish: Wood (Painted)
  • Roof: Metal
  • Water Extras: Hot Tub, Security System
  • Substructure: Finished Basement

Garage/Parking

  • OpenAreaParking: 1 Car
  • Parking: 1 Car Assigned

Utilities

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

Condo/Co-op/Association

  • Total Number of Units: Hampton Court
  • HOA Fees: 1500.00
  • HOA Fees Includes: Grounds Maintenance, Insurance, Management, Sewer, Snow Removal, Trash, Water

Fee Information

  • PaymentPer: Quarterly
  • Taxes: 2525.56

Lot Info

  • Zoning: Accommodations 1
  • Lofts: None

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Numberof Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2024
Sold by
Johnson Harold J
Bought by
Hojoworld Trust
Current Estimated Value
$2,795,026

Purchase Details

Listed on
Jan 4, 2019
Closed on
Mar 1, 2019
Sold by
Braun Diana
Bought by
Johnson Harold J
Seller's Agent
Bjorn Fallenius
Coldwell Banker Distinctive Properties-Telluride
Buyer's Agent
ERIK FALLENIUS
NEVASCA REALTY
Sold Price
$1,460,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Original Mortgage
$710,000
Interest Rate
3.9%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 7, 2017
Sold by
Langen Frank
Bought by
Braun Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$786,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2017
Closed on
Mar 20, 2017
Sold by
Merideth Kenneth D and Merideth Jaime B
Bought by
Braun Diana and Langen Frank
Seller's Agent
JAMES F. LUCARELLI
Real Estate Affiliates of Telluride
Buyer's Agent
ERIK FALLENIUS
NEVASCA REALTY
Sold Price
$1,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%
Original Mortgage
$499,500
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2011
Sold by
Blondel John Dec
Bought by
Merideth Kenneth D and Merideth Jaime B

Purchase Details

Closed on
Feb 22, 2006
Sold by
Pacific Street Partners Llc
Bought by
Blondel John Dec

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$932,000
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Hojoworld Trust -- None Listed On Document
Johnson Harold J $1,460,000 Land Title Guarantee Co
Braun Diana -- Land Title Guarantee Co
Braun Diana $1,350,000 Land Title Guarantee Company
Merideth Kenneth D $885,000 Land Title Guarantee Company
Blondel John Dec $1,165,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Harold J $710,000
Previous Owner Braun Diana $786,000
Previous Owner Braun Diana $499,500
Previous Owner Merideth Kenneth D $700,000
Previous Owner Blondel John Dec $932,000
Previous Owner Pacific Street Partners Llc $440,791
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2019 03/01/19 Sold $1,460,000 +8.1% $1,194 / Sq Ft
01/04/2019 01/04/19 Pending -- -- --
03/20/2017 03/20/17 Sold $1,350,000 -- $1,104 / Sq Ft
02/01/2017 02/01/17 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 $6,914 $137,080 $0 $137,080
2023 $6,478 $138,410 $0 $138,410
2022 $4,530 $98,860 $0 $98,860
2021 $4,622 $104,490 $0 $104,490
2020 $4,611 $104,390 $0 $104,390
2019 $4,825 $110,350 $0 $110,350
2018 $3,016 $70,240 $0 $0
2017 $2,526 $70,240 $0 $70,240
2016 $2,492 $68,050 $0 $68,050
2015 $2,438 $68,050 $0 $68,050
2014 $2,340 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Bjorn Fallenius

    Coldwell Banker Distinctive Properties-Telluride

  • E

    Buyer's Agent in 2019

    ERIK FALLENIUS

    NEVASCA REALTY

  • J

    Seller's Agent in 2017

    JAMES F. LUCARELLI

    Real Estate Affiliates of Telluride

See All Agents

Map

Source: Telluride Association of REALTORS®

MLS Number: 36586

Telluride Association of REALTORS®

APN: 101-0040054

Colorado San Miguel County Telluride 81435

316 W Pacific Ave Unit 3, Telluride, CO

This home is located at 316 W Pacific Ave Unit 3, Telluride, CO 81435 since 04 January 2019 and is currently estimated at $2,795,026, approximately $2,285 per square foot. This property was built in 1891. 316 W Pacific Ave Unit 3 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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