NOT LISTED FOR SALE

400 Gothic Rd Unit 101 Crested Butte, CO 81225

Estimated Value: $595,000 - $760,637

2 Beds
2 Baths
903 Sq Ft
$766/mo HOA Fee

Last Sold April 06, 2021

Last sale price $495,000 $548 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,707/month

11 Days on Market

Highlights

  • Mountain View
  • Sauna
  • Granite Countertops
  • Wood Flooring
  • Furnished
  • Community Spa

About This Home

As of April 2021

Just about as close as you can get to the slopes without paying Ski In/Ski Out prices. Wood Creek has quick pedestrian access to West Wall and Peach Tree Lifts and is also on free condo bus loop to the Base Area and Town of CB. The building exterior and common area have been updated and re-imagined into a cool and fun mid-century modern style. The private south facing deck with Trex decking, Complex Hot Tub and Fire Pit all have million dollar views of Mt. Crested Butte. The fully renovated interior is open and ADA compliant which provides easy flow and access. New and comfortable bedding arrangements sleep a minimum of six. Don't miss this chance to buy this very viable short or long term rental opportunity. Or make it your new Mountain Home and work remotely with the best Zoom background ever!

Last Agent to Sell the Property

Candace Coen

Colorado Legacy Properties Listed on: 01/17/2021

Last Buyer's Agent

Josh Townsend

The Clarke Agency

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,276

Year Built

  • Built in 1979

HOA Fees

  • $766 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Home Design

  • Stucco

Interior Spaces

  • 903 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Wood Flooring

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Crested Butte Community K-12 Elementary And Middle School
  • Crested Butte Community K-12 High School

Utilities

  • Baseboard Heating
  • Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 317726114041

Community Details

Overview

  • Association fees include building maintenance, landscaping, sewer, trash, water, snow removal, internet, management, parking, wifi, cable TV, common area taxes
  • Wood Creek HOA
  • Wood Creek Condos
  • Stream Seasonal

Amenities

  • Sauna
  • Laundry Facilities

Recreation

  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,276

Year Built

Built in 1979

Lot Details

0

HOA Fees

$766 per month

Listing Details

  • Appliance Inclusions: Range Top, Refrigerator, Dishwasher, Microwave, Oven-Wall
  • Class: RESIDENTIAL
  • Common Facilities: Laundry Facilities, Hot Tub, Sauna
  • Em Deposit: 25,000
  • Em Holder: Title Company
  • Interior Inclusions: All Furnishings, Granite Counters
  • Legal Lot Block: UNIT A 101 WOOD CREEK CONDOS #655984
  • List Price per Sq Ft: 548.17
  • Parcel Id Number: 317726114041
  • Price Per Sq Ft: 548.17
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Sale/Rent: For Sale
  • Siding: Stucco
  • Sold Price Sq Ft: 548.17
  • Street Descriptionaccess: Public
  • Street Designation: Road
  • Waterfront Type: Seasonal Stream/Spring
  • Type: Condo
  • Access: Year Round
  • Hoa Dogs Allowed: Yes-w/restrictions
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Service: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 1,275.81
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 17

Interior Features

  • Bedrooms: 2
  • Flooring: Hardwood
  • Estimated Total Sq Ft: 903
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Total Office Den: 0

Exterior Features

  • Views: Mountains, Valley

Utilities

  • Electric Supplier: Gunnison County Electric Association
  • Heating System: Electric Baseboard
  • Sewer Supplier: Mt. Crested Butte Water and Sanitation
  • Water Heater: Electric Water Heater
  • Water Supplier: Mt. Crested Butte Water and Sanitation

Condo/Co-op/Association

  • Condo Townhome Complex: Wood Creek Condos
  • HOA: Yes
  • Hoa Inclusions: Building Maintenance, Landscaping, Sewer, Trash, Water, Snow Removal, Internet, Management, Parking, WiFi, Cable TV, Common Area Taxes
  • Hoametro Fees: 766
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: Wood Creek

Schools

  • High School: Crested Butte Community K-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2019

MLS Schools

  • Elementary School: Crested Butte Community K-12
  • Middle School: Crested Butte Community K-12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2021
Closed on
Apr 6, 2021
Sold by
Hormuth Vickie L and Robson Scott C
Bought by
Lounsbury James Barton and Lounsbury Deepa Shinde
Seller's Agent
Candace Coen
Colorado Legacy Properties
Buyer's Agent
Josh Townsend
The Clarke Agency
List Price
$495,000
Sold Price
$495,000
Current Estimated Value
$701,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,409
Avg. Annual Appreciation
7.61%
Original Mortgage
$296,000
Outstanding Balance
$266,385
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$435,024

Purchase Details

Closed on
Sep 14, 2018
Sold by
James S Githens Revocable Trust
Bought by
Hormuth Vickie L and Robson Scott G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2015
Sold by
Worthington David and Worthington Heather
Bought by
Valerie E Gilliam Revocable Trust and James S Githens Revocable Trust

Purchase Details

Closed on
Oct 10, 2008
Sold by
St James Investments Llc
Bought by
Marr Properties Llc

Purchase Details

Closed on
Aug 13, 2008
Sold by
Dp Rentals Llc
Bought by
St James Investments Llc

Purchase Details

Closed on
Jun 27, 2005
Sold by
Vanness Ryan Van and Helm Mark
Bought by
James Blayne St and Mueller Ethan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,000
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2004
Sold by
Tuzee John F
Bought by
Vanness Ryan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Lounsbury James Barton $495,000 Land Title Guarantee Co
Hormuth Vickie L $335,000 Land Title Guarantee Co
Valerie E Gilliam Revocable Trust $239,000 None Available
Marr Properties Llc $475,000 None Available
St James Investments Llc -- None Available
James Blayne St $407,500 None Available
Vanness Ryan $259,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lounsbury James Barton $296,000
Previous Owner Hormuth Vickie L $301,500
Previous Owner James Blayne St $326,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2021 04/06/21 Sold $495,000 0.0% $548 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
01/17/2021 01/17/21 For Sale $495,000 -- $548 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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 $3,723 $52,000 $0 $52,000
2023 $3,723 $48,320 $0 $48,320
2022 $2,466 $28,230 $0 $28,230
2021 $2,229 $29,050 $0 $29,050
2020 $1,300 $16,510 $0 $16,510
2019 $1,276 $16,510 $0 $16,510
2018 $1,161 $14,370 $0 $14,370
2017 $1,165 $14,370 $0 $14,370
2016 $1,001 $12,950 $0 $12,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 777925

Colorado Real Estate Network (CREN)

APN: R005857