NOT LISTED FOR SALE

400 Gothic Rd Unit 203 Crested Butte, CO 81225

Estimated Value: $500,000 - $556,887

1 Bed
1 Bath
608 Sq Ft
$743/mo HOA Fee

Last Sold April 02, 2024

Last sale price $555,000 $913 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,648/month

221 Days on Market

Highlights

  • Mountain View
  • Furnished
  • Community Spa
  • Main Floor Primary Bedroom
  • Granite Countertops
  • Balcony

About This Home

As of April 2024

Walk to the slopes from this fully furnished 1 Bedroom/1 Bathroom ski condo. This updated condo offers an open floor plan with king size bed and pull out sofa, comfortably sleeping 4. Cozy up to the fireplace or enjoy a beverage on the balcony. This complex's community hot tub boasts unobstructed views of Mount Crested Butte, a perfect spot to relax after a day of mountain adventures. Currently a successful vacation rental with gross earnings of over $42,000 for 2023! Wood Creek's onsite amenities include: an elevator, ample parking, grill and laundry facilities. The free mountain shuttle stops just across the street!

Last Agent to Sell the Property

Danielle Herder

LIV Sotheby's International Realty - CB Listed on: 06/18/2023

LIV Sotheby's International Realty - CB

Last Buyer's Agent

Kiley Flint

LIV Sotheby's International Realty - CB

LIV Sotheby's International Realty - CB

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1979

HOA Fees

  • $743 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Home Design

  • Metal Roof
  • Stucco

Interior Spaces

  • 608 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Balcony

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 317726114038
  • Special Tax Authority

Community Details

Overview

  • Association fees include building maintenance, trash, water, snow removal, internet, management, parking, wifi, common area taxes
  • Wood Creek Condos

Amenities

  • Laundry Facilities

Recreation

  • Community Spa

Property Details

Home Type

Condominium

Year Built

Built in 1979

Lot Details

0

HOA Fees

$743 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Microwave
  • Class: RESIDENTIAL
  • Common Facilities: Laundry Facilities, Hot Tub
  • Em Deposit: 25000
  • Em Holder: Title Company
  • Exterior Inclusions: Balcony
  • Interior Inclusions: All Furnishings, Granite Counters
  • Legal Lot Block: UNIT 203, WOOD CREEK CONDOMINIUMS, MT CRESTED BUTTE
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 317726114038
  • Price Per Sq Ft: 912.83
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Sale/Rent: For Sale
  • Siding: Stucco
  • Sold Price Sq Ft: 912.83
  • Special Assemnt: Yes
  • Street Descriptionaccess: City/Town
  • Street Designation: Road
  • Type: Condo
  • Access: Year Round
  • Hoa Dogs Allowed: Yes-w/restrictions
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Service: Yes
  • Total Taxes Dollar: $1,661
  • Year Built: 1979
  • Foreign Owned Y N: No
  • Prop Description Remarks: Walk to the slopes from this fully furnished 1 Bedroom/1 Bathroom ski condo. This updated condo offers an open floor plan with king size bed and pull out sofa, comfortably sleeping 4. Cozy up to the fireplace or enjoy a beverage on the balcony. This complex's community hot tub boasts unobstructed views of Mount Crested Butte, a perfect spot to relax after a day of mountain adventures. Currently a successful vacation rental with gross earnings of over $42,000 for 2023! Wood Creek's onsite amenities include: an elevator, ample parking, grill and laundry facilities. The free mountain shuttle stops just across the street!
  • Unit Suite Number: 203
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 17

Interior Features

  • Dining Room: Kitchen Bar, Kitchen/Dining
  • Bedrooms: 1
  • Flooring: Carpet-Partial, Tile
  • Estimated Total Sq Ft: 608
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Fireplace Location Type: Living Room
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Roof: Metal
  • Views: Mountains, Valley

Utilities

  • Utilities: Electric, Internet
  • Electric Supplier: Gunnison County Electric Association
  • Heating System: Electric Baseboard, Fireplace
  • 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, Trash, Water, Snow Removal, Internet, Management, Parking, WiFi, Common Area Taxes
  • Hoametro Fees: 2228
  • HOA Metro Fees Frequency: Quarterly
  • Hoa Name: Wood Creek Condos

Schools

  • High School: Crested Butte Community K-12

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2022

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
Jun 18, 2023
Closed on
Apr 2, 2024
Sold by
Opat Keith
Bought by
Sweeney Jordan and Sweeney Andrew
Seller's Agent
Danielle Herder
LIV Sotheby's International Realty - CB
Buyer's Agent
Kiley Flint
LIV Sotheby's International Realty - CB
List Price
$575,000
Sold Price
$555,000
Premium/Discount to List
-$20,000
-3.48%
Views
215
Current Estimated Value
$516,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,514
Avg. Annual Appreciation
-3.71%
Original Mortgage
$416,250
Outstanding Balance
$409,507
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$108,965

Purchase Details

Listed on
Jun 29, 2022
Closed on
Sep 16, 2022
Sold by
King Lance Jacob
Bought by
Opat Keith
Seller's Agent
Kiley Flint
LIV Sotheby's International Realty - CB
Buyer's Agent
Danielle Herder
LIV Sotheby's International Realty - CB
List Price
$580,000
Sold Price
$540,000
Premium/Discount to List
-$40,000
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.78%
Original Mortgage
$432,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2018
Sold by
Golden Howard L
Bought by
King Lance Jacob and King Julie Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,500
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2016
Sold by
Johnson Jeff D
Bought by
Golden Howard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,350
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2004
Sold by
Zapor Theresa E
Bought by
Lavin Owen

Purchase Details

Closed on
Jul 31, 1992
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Sweeney Jordan $555,000 Land Title
Opat Keith $540,000 Land Title
King Lance Jacob $236,500 Gunnison County Abstract Com
Golden Howard L $151,000 Stewart Title
Lavin Owen $182,000 --
-- $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sweeney Jordan $416,250
Previous Owner Opat Keith $432,000
Previous Owner King Lance Jacob $155,500
Previous Owner Golden Howard L $128,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/02/2024 04/02/24 Sold $555,000 -2.6% $913 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
09/01/2023 09/01/23 Price Changed $570,000 -0.9% $938 / Sq Ft
06/18/2023 06/18/23 For Sale $575,000 +6.5% $946 / Sq Ft
09/16/2022 09/16/22 Sold $540,000 0.0% $888 / Sq Ft View Prior Sale
08/10/2022 08/10/22 Pending -- -- --
08/10/2022 08/10/22 Price Changed $540,000 -6.9% $888 / Sq Ft
06/29/2022 06/29/22 For Sale $580,000 -- $954 / 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 $2,777 $39,730 $0 $39,730
2023 $2,777 $36,040 $0 $36,040
2022 $1,661 $19,010 $0 $19,010
2021 $1,501 $19,560 $0 $19,560
2020 $1,191 $15,120 $0 $15,120
2019 $1,168 $15,120 $0 $15,120
2018 $894 $11,070 $0 $11,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 804820

Colorado Real Estate Network (CREN)

APN: R005859