NOT LISTED FOR SALE

425 Depot Ave Unit LOT E Telluride, CO 81435

Estimated Value: $6,889,000 - $8,473,000

6 Beds
4.5 Baths
3,337 Sq Ft
$2,292/Sq Ft Est. Value

Last Sold March 02, 2023

Last sale price $6,500,000 $1,948 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $44,912/month

67 Days on Market

Highlights

  • Guest House
  • Radiant Floor
  • Loft
  • Telluride Intermediate School Rated A-
  • Victorian Architecture
  • 4-minute walk to Wintermoon Sled Dog Adventures

About This Home

As of March 2023

Great location just a few steps to the Gondola and directly at the bottom of the Telluride Ski Area. The Depot Subdivision is one of the most convenient areas in Telluride, close to shopping, restaurants and almost ski in/ ski out. This Victorian-style family home features a five-bedroom main residence, a one-bedroom guest/caretakers' home, a three-car garage, two covered porches and two roof decks. The main home has the great room, dining room and kitchen on the first floor and two levels of bedrooms above. The master suite has a large walk- in closet, generous master bathroom and a south- facing deck with ski area views. 425 Depot was fully remodeled and completed in 2020 but has never been furnished or occupied.

Last Agent to Sell the Property

James Jennings

Coldwell Banker Distinctive Properties-Telluride License #FA1013105 Listed on: 11/21/2022

Coldwell Banker Distinctive Properties-Telluride

Last Buyer's Agent

Robert Downing

Telluride Properties License #FA100048011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,890

Year Built

  • Built in 1995

Lot Details

  • 2,975 Sq Ft Lot
  • Sprinkler System
  • Property is zoned Accommodations 2

HOA Fees

  • $83 Monthly HOA Fees

Home Design

  • Victorian Architecture
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3,337 Sq Ft Home
  • 1 Fireplace
  • Window Treatments
  • Loft
  • Radiant Floor
  • Crawl Space

Kitchen

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

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Patio
  • Guest House

Community Details

  • Association fees include grounds maintenance, insurance, snow removal
  • Built by Ray Messier
  • Depot Tot Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,890

Year Built

Built in 1995

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • OFFICELIST_ADDRESS2: LOT E
  • Directions: WEST ON COLORADO AVENUE FROM SAN MIGUEL COUNTY COURTHOUSE, TURN LEFT OR SOUTH ON TOWNSEND, CROSS PACIFIC STREET, TURN LEFT OR EAST AT HISTORIC DEPOT RAILROAD STATION & LOOK FOR 425 DEPOT ON LEFT.
  • Listing Member Name: Jim Jennings
  • Listing Office Short Id: cbdptell
  • Major Area: 10
  • Estimated Number of Acres: 0.07
  • Open House Office I D: 20180612154936580941000000
  • Prop. Type: Residential
  • Selling Member Short Id: willd
  • Selling Office Short Id: TPROPOAKST
  • Home Age: 21 - 40 Years
  • Deed Restrict: None
  • FILLSUBDIVISION: Depot - TOT
  • Property Sub Type: Within Township/City Limits
  • Homebuilder: Ray Messier
  • Year Built: 1995
  • Year Renovated: 2020.00
  • Building Style: Victorian
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Gas Oven/Range, Microwave, Refrigerator, Washer
  • EstFinishedSqFt: 3337.00
  • Lower Floor 1 Half Bathrooms: 1
  • Source Sq Ft: Appraiser
  • Disability Access: Private
  • Lower Floor 1 Bedrooms: 6
  • Fireplace: 1, Artificial Gas Logs
  • Furnished: None

Exterior Features

  • Exterior Construction: Frame
  • Disclosures: Covenants, RETT
  • Exterior Finish: Wood (Natural), Wood (Painted)
  • Lot Number: LOT E
  • Roof: Metal
  • View: Red rocks to North
  • Deck Sq Ft: 250.00
  • Water Extras: Garage Door Opener, Guest House, Lawn Sprinkler, Patio/Deck, Window Coverings
  • Builder Architect: Marla Croke, AIA
  • Substructure: Crawl Space

Garage/Parking

  • Covered Parking: 3 Car
  • Parking: 3 Car Garage
  • Additional Structure Garage Sq Ft: 500.00

Utilities

  • Electric: Power Company
  • Gas Company: Natural
  • Hot Water: Public
  • Heating: Forced Air, Gas, Radiant in Floor

Condo/Co-op/Association

  • HOA Fees: 1000.00
  • HOAMangmentCompanyInfo: Not Applicable
  • Association Fee Paid Per: Unknown
  • HOA Fees Includes: Grounds Maintenance, Insurance, Snow Removal

Fee Information

  • PaymentPer: Year
  • Taxes: 11889.60

Lot Info

  • Land Sq Ft: 2975.00
  • Irrigation: Yes
  • Zoning: Accommodations 2
  • Lofts: One

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2022
Closed on
Mar 6, 2023
Sold by
Town Of Telluride
Bought by
Colterman I Llc
Seller's Agent
James Jennings
Coldwell Banker Distinctive Properties-Telluride
Buyer's Agent
Robert Downing
Telluride Properties
List Price
$7,750,000
Sold Price
$6,500,000
Premium/Discount to List
-$1,250,000
-16.13%
Views
10
Current Estimated Value
$7,793,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,293,034
Avg. Annual Appreciation
6.03%

Purchase Details

Listed on
Nov 21, 2022
Closed on
Mar 2, 2023
Sold by
Lha Holdings Llc
Bought by
Colterman I Llc
Seller's Agent
James Jennings
Coldwell Banker Distinctive Properties-Telluride
Buyer's Agent
Robert Downing
Telluride Properties
List Price
$7,750,000
Sold Price
$6,500,000
Premium/Discount to List
-$1,250,000
-16.13%
Views
10

Purchase Details

Listed on
Feb 14, 2014
Closed on
Mar 11, 2014
Sold by
Clix2brix Llc
Bought by
Lha Holdings Llc
Seller's Agent
JIM JENNINGS
NEVASCA REALTY
Buyer's Agent
JIM JENNINGS
NEVASCA REALTY
Sold Price
$2,475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.35%

Purchase Details

Closed on
Feb 16, 2003
Sold by
Schultz Michael and Schultz Lisa
Bought by
Ridgeway Land Company Inc A Ga

Purchase Details

Closed on
Jun 1, 2000
Sold by
Messier Raymond A and Messier Linda I
Bought by
Schultz Michael and Schultz Lisa
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
Colterman I Llc $6,500,000 Land Title Guarantee Company
Colterman I Llc $6,500,000 Land Title Guarantee Company
Lha Holdings Llc $2,475,000 Land Title Guarantee Company
Ridgeway Land Company Inc A Ga $2,300,000 --
Schultz Michael $1,200,000 --
Colterman I Llc -- Land Title Guarantee Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Messier Raymond A $2,900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2023 03/02/23 Sold $6,500,000 -16.1% $1,948 / Sq Ft
01/28/2023 01/28/23 Pending -- -- --
11/21/2022 11/21/22 For Sale $7,750,000 +213.1% $2,322 / Sq Ft
03/11/2014 03/11/14 Sold $2,475,000 -- $742 / Sq Ft
02/14/2014 02/14/14 Pending -- -- --
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 $25,933 $503,980 $174,200 $329,780
2023 $24,297 $508,870 $175,890 $332,980
2022 $11,890 $508,870 $175,890 $332,980
2021 $12,131 $274,230 $143,000 $131,230
2020 $11,163 $252,740 $157,300 $95,440
2019 $11,051 $252,740 $157,300 $95,440
2018 $10,516 $244,900 $0 $0
2017 $8,806 $244,900 $151,200 $93,700
2016 $7,195 $196,460 $95,520 $100,940
2015 $7,037 $196,460 $95,520 $100,940
2014 $8,170 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Jennings

    Seller's Agent in 2023

    James Jennings

    Coldwell Banker Distinctive Properties-Telluride

    (970) 729-0065

    48 in this area

    60 Total Sales

    Section Image

  • R

    Buyer's Agent in 2023

    Robert Downing

    Telluride Properties

    (970) 708-1244

    22 in this area

    25 Total Sales

    Section Image

  • J

    Seller's Agent in 2014

    JIM JENNINGS

    NEVASCA REALTY

See All Agents

Map

Source: Telluride Association of REALTORS®

MLS Number: 40580

Telluride Association of REALTORS®

APN: 101-0091767

Colorado San Miguel County Telluride 81435

425 Depot Ave Unit LOT E, Telluride, CO

This home is located at 425 Depot Ave Unit LOT E, Telluride, CO 81435 since 21 November 2022 and is currently estimated at $7,648,452, approximately $2,292 per square foot. This property was built in 1995. 425 Depot Ave Unit LOT E 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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