NOT LISTED FOR SALE

Estimated Value: $903,000 - $1,445,000

2 Beds
2 Baths
1,331 Sq Ft
$881/Sq Ft Est. Value

Last Sold February 22, 2022

Last sale price $1,100,000 $826 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,553/month

Highlights

  • Mountain View
  • Living Room with Fireplace
  • Wood Flooring
  • Crested Butte Community School Rated A-
  • Vaulted Ceiling
  • 5-minute walk to Totem Pole Park

About This Home

As of February 2022

Rare opportunity to purchase a historic cabin in the heart of Crested Butte! Originally built in the 1800's, this charming residence, known by many as the famous "Crested Butte Bathhouse," resides in the commercial/residential core of Town, providing a buyer with multiple opportunities for use. While the legal description states that the property is a townhome, don't be fooled! The original homes, 32 Elk Ave. and 405 First St., have been legally separated and the original HOA has been dissolved, leaving a stand-alone home with privacy and potential! As you enter the property, you immediately imagine hosting guests on the large stone patio with unobstructed views of Mt. Crested Butte. Once inside, you're surrounded by "CB character" with a spacious kitchen, a laundry/storage room, and a unique living area that features original reclaimed wood beams, stone work, vaulted ceilings, and large windows that offer tons of natural light while capturing the view of Mt. Crested Butte. The primary bedroom also resides on the first floor with its own bath, as well as the guest bath. The second level of the home features a large loft that overlooks the living area, providing the perfect setting for an office or second living space, and a second bedroom with a private entry if desired. Located less than 1 block from Elk Avenue, you're steps away from your favorite shops and restaurants, and only 1 block from the free ski shuttle. Convenience, privacy, and charm? Can it get any better? Come check out this historic gem of a home today!

Last Agent to Sell the Property

Larry Neilson

LIV Sotheby's International Realty - CB Listed on: 09/01/2021

LIV Sotheby's International Realty - CB

Last Buyer's Agent

Rachael Baskfield Miller

Coldwell Banker Mountain Properties

Coldwell Banker Mountain Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,804

Year Built

  • Built in 1880 | Remodeled in 1975

Lot Details

  • 2,352 Sq Ft Lot
  • Lot Dimensions are 34'x60'x45'x30'x 8'x30'
  • Partially Fenced Property
  • Fenced Front Yard
  • Privacy Fence
  • Property is zoned Commercial

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding
  • Stick Built Home

Interior Spaces

  • 1,331 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outdoor Gas Grill

Schools

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

Utilities

  • Hot Water Baseboard Heater
  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 325503152013

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,804

Year Built

Built in 1880 | Remodeled in 1975

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer
  • Estimated Total Acres: 0.054
  • Class: RESIDENTIAL
  • Em Deposit: 5% of MEC
  • Em Holder: Land Title
  • Exterior Inclusions: Patio, Gas Grill
  • Interior Inclusions: Ceiling Fan(s), Skylight(s), Vaulted Ceiling
  • Legal Lot Block: UNIT B, TOWNHOUSES AT FIRST & ELK, CRESTED BUTTE
  • List Price per Sq Ft: 826.45
  • Lot Dimension: 34'x60'x45'x30'x 8'x30'
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 325503152013
  • Price Per Sq Ft: 826.45
  • Real Estate Included: Yes
  • Realist Id: 325503152013
  • Residence Stories: Two Story, Loft
  • Residence Style: Log
  • Sale/Rent: For Sale
  • Siding: Log
  • Sold Price Sq Ft: 826.45
  • Street Descriptionaccess: City/Town, Paved, Public, Public Winter Maintenance
  • Street Designation: Street
  • Tax Account Id: R071033
  • Zoning: Residential Single Family, Commercial
  • Type: Stick Built
  • Access: Year Round
  • Internet Service Avail: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: $3,267.77
  • Year Built: 1880
  • Year Renovated: 1975
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 192260

Interior Features

  • Dining Room: Eat-in Kitchen
  • Bedrooms: 2
  • Flooring: Carpet-Partial, Hardwood, Linoleum
  • Estimated Total Sq Ft: 1331
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 2
  • Fireplace Location Type: Gas Logs, Living Room
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Fence: Privacy, Partial Property, Fenced - Front
  • Windows: Single Pane
  • Construction Type: Log, Wood
  • Roof: Metal
  • Views: Mountains

Utilities

  • Utilities: Electric, Natural Gas, Cable TV, Internet, Phone - Cell Reception
  • Electric Supplier: Gunnison County Electric Association
  • Gas Supplier: Atmos Energy
  • Heating System: Hot Water Baseboard, Boiler
  • Sewer Supplier: Town of Crested Butte
  • Water Heater: Gas Water Heater
  • Water Supplier: Town of Crested Butte

Schools

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

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

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
Sep 1, 2021
Closed on
Feb 22, 2022
Sold by
Weaver Odom Sherry
Bought by
Steffanie J Chain Revocable Living Trust
Seller's Agent
Larry Neilson
LIV Sotheby's International Realty - CB
Buyer's Agent
Rachael Baskfield Miller
Coldwell Banker Mountain Properties
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Current Estimated Value
$1,173,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,059
Avg. Annual Appreciation
1.77%
Original Mortgage
$1,000,000
Outstanding Balance
$928,576
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$244,483

Purchase Details

Closed on
Apr 24, 2012
Sold by
32 Elk Avenue Llc
Bought by
Odom Sherry Weaver
Source: Public Records

Range of Values:

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Average Value
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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
Steffanie J Chain Revocable Living Trust $1,100,000 Land Title
Odom Sherry Weaver -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steffanie J Chain Revocable Living Trust $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2022 02/22/22 Sold $1,100,000 0.0% $826 / Sq Ft
12/28/2021 12/28/21 Pending -- -- --
11/09/2021 11/09/21 Price Changed $1,100,000 -8.3% $826 / Sq Ft
09/01/2021 09/01/21 For Sale $1,200,000 -- $902 / 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 $4,804 $71,850 $8,690 $63,160
2023 $4,804 $68,160 $8,240 $59,920
2022 $4,458 $56,880 $6,810 $50,070
2021 $4,037 $58,510 $7,000 $51,510
2020 $3,268 $47,810 $7,440 $40,370
2019 $3,202 $47,810 $7,440 $40,370
2018 $2,925 $42,200 $4,810 $37,390
2017 $2,945 $42,200 $4,810 $37,390
2016 $2,443 $36,810 $4,790 $32,020
2015 $1,079 $36,810 $4,790 $32,020
2014 $1,079 $31,840 $4,290 $27,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 786421

Colorado Real Estate Network (CREN)

APN: R071033