NOT LISTED FOR SALE

398 S Davis St Unit W-302 Telluride, CO 81435

Estimated Value: $4,296,000 - $8,492,000

4 Beds
4.5 Baths
2,793 Sq Ft
$4,307/mo HOA Fee

Last Sold March 19, 2024

Last sale price $7,850,000 $2,811 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $43,384/month

Highlights

  • Ski Accessible
  • Spa
  • 1 Fireplace
  • Telluride Intermediate School Rated A-
  • Contemporary Architecture
  • Steam Shower

About This Home

As of March 2024

Premier and private four-bedroom penthouse located at Element 52 and managed by the exclusive Auberge Resorts Collection. The project sits direct trailside at the base of the Telluride Ski Resort offering excellent ski-in and out access. This sophisticated and refined residence brings dramatic views of the Telluride box canyon and the San Sophia ridge. Exquisite finishes include walnut base and case, polished concreter floors, plaster walls with steel and timber accents. Amenities include a private ski lift, ski lounge, heated soaking pools, spa and intimate fireside lounge.

Last Agent to Sell the Property

TD Smith

Telluride Real Estate Corp License #EA000159431 Listed on: 02/08/2024

Co-Listed By

Chris Sommers

Telluride Properties Main St. License #FA40031239

Last Buyer's Agent

Marty Stetina

Telluride Properties License #FA100039640

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,354

Year Built

  • Built in 2010

Lot Details

  • 2.86

HOA Fees

  • $4,307 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Metal Roof
  • Stone Siding

Interior Spaces

  • 2,793 Sq Ft Home
  • Furnished
  • 1 Fireplace
  • Window Treatments

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Steam Shower

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Covered Parking

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Spa
  • Patio
  • Fire Pit

Community Details

Overview

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

Amenities

  • Shuttle
  • Meeting Room

Recreation

  • 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

$20,354

Year Built

Built in 2010

Lot Details

0

HOA Fees

$4,307 per month

Listing Details

  • Directions: Pacific Street to South Davis, cross the San Miguel River bridge to Element 52.
  • 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: 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, Other
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Gas Oven/Range, Microwave, Refrigerator, Washer
  • EstFinishedSqFt: 2793.00
  • Lower Floor 1 Half Bathrooms: 1
  • Source Sq Ft: Assessor
  • Disability Access: City
  • Lower Floor 1 Bedrooms: 4
  • Fireplace: 1
  • Furnished: Full
  • Studio: No

Exterior Features

  • Disclosures: Covenants, RETT
  • Exterior Finish: Log, Stone
  • Roof: Metal
  • View: Ajax Peak
  • Water Extras: Fire Pit, Handicap Access, Hot Tub, Patio/Deck, Ski Room, Spa, Steam Shower, Window Coverings

Garage/Parking

  • Covered Parking: 2 Car, Heated
  • OpenAreaParking: None
  • Parking: 2 Car

Utilities

  • Electric: Power Company
  • Gas Company: Natural
  • Hot Water: Public

Condo/Co-op/Association

  • Total Number of Units: Element 52
  • HOA Fees: 4307.00
  • HOAMangmentCompanyInfo: Auberge Resorts
  • HOA Amenities: Conference Room, Dogs Permitted, Front Desk, Hot Tub, On-Site Management, 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: 20354.10

Lot Info

  • Zoning: Residential
  • Lofts: None

Tax Info

  • Tax Year: 2023

Multi Family

  • Total Numberof Units: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Mar 19, 2024
Sold by
Western Mark Llc
Bought by
Mbml Telluride 2 Llc
Seller's Agent
TD Smith
Telluride Real Estate Corp
Buyer's Agent
Marty Stetina
Telluride Properties
List Price
$7,995,000
Sold Price
$7,850,000
Premium/Discount to List
-$145,000
-1.81%
Total Days on Market
0
Views
8
Current Estimated Value
$7,022,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$827,800
Avg. Annual Appreciation
-8.87%

Purchase Details

Closed on
May 21, 2012
Sold by
Xyz Subdivision Land Company Llc
Bought by
Element 52-W302 Llc
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
Mbml Telluride 2 Llc $7,850,000 Land Title Guarantee Company
Mbml Telluride 2 Llc $7,850,000 Land Title Guarantee Company
Element 52-W302 Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2024 03/19/24 Sold $7,850,000 -1.8% $2,811 / Sq Ft
02/08/2024 02/08/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $7,995,000 -- $2,863 / 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 $21,725 $422,800 $0 $422,800
2023 $20,354 $426,900 $0 $426,900
2022 $10,104 $220,490 $0 $220,490
2021 $10,309 $233,040 $0 $233,040
2020 $9,917 $224,520 $0 $224,520
2019 $9,817 $224,520 $0 $224,520
2018 $8,963 $208,740 $0 $0
2017 $7,505 $208,740 $0 $208,740
2016 $8,452 $230,780 $0 $230,780
2015 $8,267 $230,780 $0 $230,780
2014 $8,484 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Telluride Association of REALTORS®

MLS Number: 42257

Telluride Association of REALTORS®

APN: 101-0100065