NOT LISTED FOR SALE

398 S Davis St Unit E7 Telluride, CO 81435

Estimated Value: $4,993,000 - $9,645,321

5 Beds
4.5 Baths
4,655 Sq Ft
$6,253/mo HOA Fee

Last Sold September 07, 2023

Last sale price $10,950,000 $2,352 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $49,555/month

71 Days on Market

Highlights

  • Ski Accessible
  • Spa
  • Radiant Floor
  • Telluride Intermediate School Rated A-
  • Contemporary Architecture
  • 1 Fireplace

About This Home

As of September 2023

Eagle's Nest at Element 52 owns the best ski access that Telluride has to offer -- 10 steps to the trail! Valet your car, and after a short stroll across a central plaza with firepit, step aboard a funicular that rises to the top floor of Eagle's Nest at Element 52, designed by Tommy Hein Architects and managed by Auberge Resorts. An intricate tapestry of innovative architecture, refined mountain contemporary finishes, painstakingly sourced appointments and furnishings are evident at arrival. Sunlight and 180-degree views of the surrounding Telluride peaks explode through expansive window openings. Its free-flowing floorplan on the penthouse level encompasses chef's kitchen, living, dining and cozy trail-side lounge.

Last Agent to Sell the Property

TD Smith

Telluride Real Estate Corp License #EA000159431 Listed on: 05/17/2023

Co-Listed By

Chris Sommers

Telluride Properties Main St. License #FA40031239

Last Buyer's Agent

Stewart Seeligson

The Agency Telluride License #ER100016653

The Agency Telluride

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,340

Year Built

  • Built in 2010

Lot Details

  • 2.86

HOA Fees

  • $6,253 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 4,655 Sq Ft Home
  • Wet Bar
  • Furnished
  • 1 Fireplace
  • Window Treatments
  • Radiant Floor

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Steam Shower

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Garage Door Opener

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible

Outdoor Features

  • Spa
  • Patio
  • Fire Pit

Utilities

  • Heating System Uses Gas

Community Details

Overview

  • Association fees include contingency fund, grounds maintenance, insurance, management, sewer, snow removal, trash, water
  • 48 Units

Amenities

  • Shuttle

Recreation

  • Community Pool
  • Ski Accessible
  • Ski Lockers

Pet Policy

  • Dogs Allowed

Security

  • Front Desk in Lobby
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,340

Year Built

Built in 2010

Lot Details

0

HOA Fees

$6,253 per month

Listing Details

  • Directions: Pacific Street to South Davis, continue across the bridge to valet and reception.
  • Listing Member Name: TD Smith
  • Listing Office Short Id: 3737
  • Major Area: 10
  • Open House Office I D: 20240605205840903266000000
  • Prop. Type: Condo
  • Selling Member Short Id: 584
  • Selling Office Short Id: agency
  • Home Age: 13 - 20 Yrs
  • Deed Restrict: None
  • Property Sub Type: Multi-Unit Buildings
  • Year Built: 2010
  • Building Style: Contemporary
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Gas Oven/Range, Microwave, Refrigerator, Washer
  • EstFinishedSqFt: 4655.00
  • Lower Floor 1 Half Bathrooms: 1
  • Source Sq Ft: Assessor
  • Disability Access: City, Paved
  • Lower Floor 1 Bedrooms: 5
  • Fireplace: 1, Artificl Gas Logset
  • Furnished: Full
  • Studio: No

Exterior Features

  • Exterior Construction: Frame, Poured Concrete, Stone
  • Disclosures: Covenants, RETT
  • Exterior Finish: Stone, Wood (Painted)
  • Roof: Metal
  • View: Telluride Ski Resort
  • Water Extras: Accessible Elevator Installed, Fire Pit, Garage Door Opener, Handicap Access, Hot Tub, Patio/Deck, Ski Room, Snow Melt System, Spa, Steam Shower, Wet Bar, Window Coverings

Garage/Parking

  • Covered Parking: 2 Car, Heated
  • Parking: 2 Car Garage

Utilities

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

Condo/Co-op/Association

  • Total Number of Units: Element 52
  • HOA Fees: 6253.00
  • HOAMangmentCompanyInfo: Element 52
  • Association Fee Paid Per: Month
  • HOA Amenities: Dogs Permitted, Front Desk, On-Site Management, Pool, Shuttle Service, Ski Storage/Loc
  • HOA Fees Includes: Contingency Fund, Grounds Maintenance, Insurance, Management, Other, Sewer, Snow Removal, Trash, Water

Fee Information

  • PaymentPer: Month
  • Taxes: 15340.00

Lot Info

  • Zoning: Accommodations 2
  • Lofts: None

Tax Info

  • Tax Year: 2022

Multi Family

  • Total Numberof Units: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2023
Closed on
Sep 6, 2023
Sold by
Town Of Telluride
Bought by
Harold Jenkins Bowen Iii Trust
Seller's Agent
TD Smith
Telluride Real Estate Corp
Buyer's Agent
Stewart Seeligson
The Agency Telluride
List Price
$12,300,000
Sold Price
$10,950,000
Premium/Discount to List
-$1,350,000
-10.98%
Total Days on Market
71
Views
47
Current Estimated Value
$7,707,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,242,226
Avg. Annual Appreciation
-18.37%

Purchase Details

Listed on
Aug 26, 2020
Closed on
Sep 30, 2020
Sold by
Xyz Subdivision Land Company Llc
Bought by
Harold Jenkins Bowen Iii Trust
Seller's Agent
Brian O'Neill
Telluride Properties
Buyer's Agent
TODD CREEL
NEVASCA REALTY
Sold Price
$5,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.39%
Source: Public Records

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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
Harold Jenkins Bowen Iii Trust $10,950,000 Land Title Guarantee Company
E7 Element 52 Llc $10,950,000 Land Title Guarantee Company
Harold Jenkins Bowen Iii Trust $5,550,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2023 09/07/23 Sold $10,950,000 -11.0% $2,352 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $12,300,000 +123.6% $2,642 / Sq Ft
09/30/2020 09/30/20 Sold $5,500,000 -- $1,179 / Sq Ft
08/26/2020 08/26/20 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 $28,760 $558,510 $0 $558,510
2023 $26,945 $563,930 $0 $563,930
2022 $15,340 $334,770 $0 $334,770
2021 $15,651 $353,820 $0 $353,820
2020 $15,613 $353,490 $0 $353,490
2019 $15,456 $353,490 $0 $353,490
2018 $14,971 $348,650 $0 $0
2017 $12,536 $348,650 $0 $348,650
2016 $14,116 $385,450 $0 $385,450
2015 $13,807 $385,450 $0 $385,450
2014 $14,050 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Telluride Association of REALTORS®

MLS Number: 41563

Telluride Association of REALTORS®

APN: 101-0100081