$12,200,000
SOLD JUL 15, 2024

398 S Davis St Unit S2B Telluride, CO 81435

5 Beds
6.5 Baths
5,551 Sq Ft
$8,571/mo HOA Fee

Recently Sold

$2,198 Per Sq Ft

10% Below List Price

279 Days on Market

Highlights

  • Ski Accessible
  • Spa
  • Radiant Floor
  • Telluride Intermediate School Rated A-
  • Contemporary Architecture
  • 2 Fireplaces

About This Home

As of July 2024

Exuding a chic, city feel, this luxurious townhome is perched above the Town of Telluride with incredible views. Directly trailside, this spacious 5 bedroom home features seamless outdoor living along with inviting gathering spaces. Element 52 is managed by boutique hotel operator Auberge Resorts, and this unit has a significant rental history. Additional amenities such as direct private elevator access, a private ski lift, heated pools, spa, gym and more, cater to those with a penchant for refined indulgence.

Last Agent to Sell the Property

Joshua Rapaport

Rapaport Real Estate License #ER100002852 Listed on: 08/21/2023

Co-Listed By

Katja Rapaport

Rapaport Real Estate License #FA100054812

Last Buyer's Agent

Marty Stetina

Telluride Properties License #FA100039640

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,555

Year Built

  • Built in 2010

HOA Fees

  • $8,571 Monthly HOA Fees

Parking

  • 2 Car Parking Spaces

Home Design

  • Contemporary Architecture
  • Metal Roof

Interior Spaces

  • 5,551 Sq Ft Home
  • Wet Bar
  • Furnished
  • 2 Fireplaces
  • Game Room
  • Radiant Floor

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Steam Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio
  • Fire Pit

Additional Features

  • Accessible Elevator Installed
  • Heating System Uses Gas

Community Details

Overview

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

Amenities

  • Shuttle

Recreation

  • Community Pool
  • Community Spa
  • 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

$12,555

Year Built

Built in 2010

Lot Details

0

HOA Fees

$8,571 per month

Listing Details

  • Co Selling Member Short Id: jakeames
  • Directions: Main Street to Davis Street. Davis Street till you see Element 52
  • Listing Member Name: Josh Rapaport
  • Listing Office Short Id: rapaportc
  • Major Area: 10
  • Open House Office I D: 20200123173220682685000000
  • Prop. Type: Condo
  • Selling Member Short Id: marty
  • Selling Office Short Id: TPROPOAKST
  • 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: 5551.00
  • Lower Floor 1 Half Bathrooms: 1
  • Source Sq Ft: Assessor
  • Disability Access: City, Paved
  • Lower Floor 1 Bedrooms: 5
  • Fireplace: 2, Artificl Gas Logset
  • Furnished: Full
  • Studio: No

Exterior Features

  • Disclosures: Covenants, Leased, RETT
  • Roof: Metal
  • View: Town of Telluride
  • Water Extras: Accessible Elevator Installed, Fire Pit, Game Room, Hot Tub, Patio/Deck, Ski Room, Snow Melt System, Spa, Steam Shower, Wet Bar

Garage/Parking

  • Covered Parking: 2 Car
  • Parking: 2 Car

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: 8571.00
  • HOAMangmentCompanyInfo: Auberge Resorts
  • HOA Amenities: Dogs Permitted, Front Desk, Hot Tub, On-Site Management, Pool, Shuttle Service, Ski Storage/Loc
  • HOA Fees Includes: Contingency Fund, Grounds Maintenance, Insurance, Management, Sewer, Snow Removal, Trash, Water

Fee Information

  • PaymentPer: Month
  • Taxes: 12555.00

Lot Info

  • Zoning: Accommodations 2
  • Lofts: None

Tax Info

  • Tax Year: 2023

Multi Family

  • Total Numberof Units: 34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2023
Closed on
Jul 15, 2024
Sold by
Town Of Telluride
Bought by
1820Sw Tel 1 Llc
Seller's Agent
Joshua Rapaport
Rapaport Real Estate
Buyer's Agent
Marty Stetina
Telluride Properties
List Price
$13,500,000
Sold Price
$12,200,000
Premium/Discount to List
-$1,300,000
-9.63%
Total Days on Market
279
Views
110
Current Estimated Value
$8,090,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,109,811
Avg. Annual Appreciation
-37.30%

Purchase Details

Listed on
Aug 21, 2023
Closed on
Jul 11, 2024
Sold by
Blaszak Rick and Blaszak Kate
Bought by
Happy Thoughts Llc
Seller's Agent
Joshua Rapaport
Rapaport Real Estate
Buyer's Agent
Marty Stetina
Telluride Properties
List Price
$13,500,000
Sold Price
$12,200,000
Premium/Discount to List
-$1,300,000
-9.63%
Views
110

Purchase Details

Closed on
Oct 28, 2019
Sold by
Xyz Subdivison Land Company Llc
Bought by
Blaszak Rick and Blaszak Kate
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 Type Sale Price Title Company
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $12,200,000 None Listed On Document
Special Warranty Deed $12,200,000 Land Title Guarantee Company
Special Warranty Deed -- None Listed On Document
Special Warranty Deed $4,100,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,100,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $12,200,000 -5.8% $2,198 / Sq Ft
05/27/2024 05/27/24 Pending -- -- --
02/13/2024 02/13/24 Price Changed $12,950,000 -4.1% $2,333 / Sq Ft
08/21/2023 08/21/23 For Sale $13,500,000 -- $2,432 / Sq Ft
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 $13,875 $271,350 $0 $271,350
2023 $12,999 $273,980 $0 $273,980
2022 $12,555 $273,980 $0 $273,980
2021 $12,810 $289,580 $0 $289,580
2020 $12,790 $289,580 $0 $289,580
2019 $14,399 $329,310 $0 $329,310
2018 $16,966 $395,110 $0 $0
2017 $14,207 $395,110 $0 $395,110
2016 $15,997 $436,820 $0 $436,820
2015 $15,647 $436,820 $0 $436,820
2014 $16,371 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joshua Rapaport

    Seller's Agent in 2024

    Joshua Rapaport

    Rapaport Real Estate

    (970) 708-4070

    112 in this area

    137 Total Sales

    Joshua Rapaport
    Section Image
  • Katja Rapaport

    Seller Co-Listing Agent in 2024

    Katja Rapaport

    Rapaport Real Estate

    (970) 708-4070

    29 in this area

    33 Total Sales

    Katja Rapaport
    Section Image

  • M

    Buyer's Agent in 2024

    Marty Stetina

    Telluride Properties

    (970) 708-4504

    89 in this area

    113 Total Sales

    Marty Stetina
    Section Image

  • J

    Buyer Co-Listing Agent in 2024

    Jake Ames

    Telluride Properties

    11 in this area

    14 Total Sales

    Jake Ames
    Section Image
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Map

Source: Telluride Association of REALTORS®

MLS Number: 41891

Telluride Association of REALTORS®

APN: 101-0100097

Colorado San Miguel County Telluride 81435

398 S Davis St Unit S2B, Telluride, CO

This home is located at 398 S Davis St Unit S2B, Telluride, CO 81435 and is currently priced at $12,200,000, approximately $2,197 per square foot. This property was built in 2010. 398 S Davis St Unit S2B 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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