NOT LISTED FOR SALE

333 Adams Ranch Rd Unit 201 Telluride, CO 81435

Estimated Value: $635,000 - $1,613,000

2 Beds
2 Baths
953 Sq Ft
$370/mo HOA Fee

Last Sold November 27, 2019

Last sale price $705,000 $740 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $8,029/month

Highlights

  • Contemporary Architecture
  • Radiant Floor
  • Furnished
  • Telluride Intermediate School Rated A-
  • 1 Fireplace
  • Patio

About This Home

As of November 2019

Look no further for the perfect slopeside condo! The Terraces is one of Mountain Village's most desirable complexes, with a location directly adjacent to The Meadows ski trail, Lift 1, and the chondola. These attractive units are in high demand for both locals and visitors alike, with their solid construction, high ceilings, and functional floor plans; Unit 201 is being offered fully furnished and has a single-level floor plan, contemporary gas fireplace, a well-equipped kitchen, wood and slate floors, two full bedrooms, two baths, and a sunny balcony. On the ground level, this charming condo has an oversized heated one-car garage with a large, private, heated storage area...all just steps from one of Telluride's most iconic beginner ski trails.

Last Agent to Sell the Property

Jessica Simon

Telluride Real Estate Corp License #FA100045697 Listed on: 10/16/2019

Co-Listed By

Garrett Simon

Telluride Properties Main St. License #FA40040207

Last Buyer's Agent

Mike Shimkonis

Telluride Properties License #FA40017979

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,773

Year Built

  • Built in 1997

Lot Details

  • 2.32

HOA Fees

  • $370 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Metal Roof
  • Wood Siding
  • Metal Siding
  • Stone Exterior Construction

Interior Spaces

  • 953 Sq Ft Home
  • Furnished
  • 1 Fireplace
  • Window Treatments
  • Radiant Floor

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Community Details

Overview

  • Association fees include contingency fund, grounds maintenance, insurance, management, snow removal, trash
  • 26 Units

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,773

Year Built

Built in 1997

Lot Details

0

HOA Fees

$370 per month

Listing Details

  • Directions: From Adams Ranch Road, continue to the Meadows area and the three-way stop sign at the intersection where Big Billie's is located. Proceed straight through the intersection and pass Big Billie's on your right, the road ends at The Terraces complex. As you drive up the driveway, the 200 building will be the first building on your left. Unit 201 is on the lower level, right hand side of building.
  • Listing Member Name: Jessica Simon
  • Listing Office Short Id: 3737
  • Major Area: 20
  • Open House Office I D: 20240605205840903266000000
  • Prop. Type: Condo
  • Selling Member Short Id: 212
  • Selling Office Short Id: TPROPOAKST
  • Home Age: 21 - 40 Years
  • Deed Restrict: None
  • Property Sub Type: Multi-Unit Buildings
  • Year Built: 1997
  • Building Style: Contemporary
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Oven/Range, Microwave, Refrigerator, Washer
  • EstFinishedSqFt: 953.00
  • Source Sq Ft: Assessor
  • Disability Access: Paved
  • Lower Floor 1 Bedrooms: 2
  • Fireplace: 1, Artificl Gas Logset
  • Furnished: Full
  • Studio: No

Exterior Features

  • Exterior Construction: Stone
  • Disclosures: RETA, Seller Related
  • Exterior Finish: Metal/Vinyl, Stone, Wood (Painted)
  • Lot Number: 651B
  • Roof: Metal
  • View: Meadows ski run
  • Water Extras: Garage Door Opener, Patio/Deck, Window Coverings
  • Substructure: Slab

Garage/Parking

  • Covered Parking: 1 Car, Heated
  • Parking: 1 Car Garage

Utilities

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

Condo/Co-op/Association

  • Total Number of Units: Terrace The
  • HOA Fees: 1109.25
  • HOAMangmentCompanyInfo: Telluride Consulting
  • HOA Amenities: Dogs Permitted
  • HOA Fees Includes: Contingency Fund, Grounds Maintenance, Insurance, Management, Snow Removal, Trash

Fee Information

  • PaymentPer: Quarterly
  • Taxes: 1772.72

Lot Info

  • Zoning: Residential
  • Lofts: None

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Numberof Units: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2023
Sold by
Crone Grant and Crone Julie
Bought by
Crone Family Revocable Trust
Total Days on Market
0
Current Estimated Value
$1,287,206

Purchase Details

Listed on
Oct 16, 2019
Closed on
Nov 27, 2019
Sold by
Makely Rick
Bought by
Crone Grant and Crone Julie
Seller's Agent
Jessica Simon
Telluride Real Estate Corp
Buyer's Agent
Mike Shimkonis
Telluride Properties
Sold Price
$705,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.50%
Original Mortgage
$500,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 13, 2015
Closed on
Nov 25, 2015
Sold by
Welz Edward J and Welz Rosie L
Bought by
Makely Rick
Seller's Agent
Mike Shimkonis
Telluride Properties
Buyer's Agent
Garrett Simon
Telluride Properties Main St.
Sold Price
$490,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.50%
Original Mortgage
$350,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 27, 2004
Sold by
Davidson Frederick E
Bought by
Welz Edward J and Welz Rosie I

Purchase Details

Closed on
Oct 2, 1998
Sold by
651 A & B Llc
Bought by
Davidson Frederick E
Source: Public Records

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Range of Values:

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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
Crone Family Revocable Trust -- None Listed On Document
Crone Grant $705,000 Land Title Guarantee Company
Makely Rick $490,000 Land Title Guarantee Company
Welz Edward J $479,000 --
Davidson Frederick E $258,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crone Grant $500,100
Previous Owner Crone Grant $500,000
Previous Owner Makely Rick $350,000
Previous Owner Welz Edward J $383,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2019 11/27/19 Sold $705,000 +43.9% $740 / Sq Ft
10/16/2019 10/16/19 Pending -- -- --
11/25/2015 11/25/15 Sold $490,000 -- $514 / Sq Ft
10/13/2015 10/13/15 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 $5,196 $88,740 $0 $88,740
2023 $4,966 $89,600 $0 $89,600
2022 $2,508 $45,650 $0 $45,650
2021 $2,584 $48,250 $0 $48,250
2020 $2,265 $42,870 $0 $42,870
2019 $2,251 $42,870 $0 $42,870
2018 $1,773 $34,520 $0 $0
2017 $1,620 $34,520 $0 $34,520
2016 $2,401 $41,990 $0 $41,990
2015 $2,347 $41,990 $0 $41,990
2014 $2,145 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Telluride Association of REALTORS®

MLS Number: 37590

Telluride Association of REALTORS®

APN: 108-0098303