NOT LISTED FOR SALE

450 San Miguel Ridge Unit 7 Telluride, CO 81435

Estimated Value: $579,000 - $1,054,797

3 Beds
2.5 Baths
1,800 Sq Ft
$150/mo HOA Fee

Last Sold October 25, 2023

Last sale price $771,000 $428 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,027/month

123 Days on Market

Highlights

  • Day Care Facility
  • Loft
  • Wood Siding
  • Telluride Intermediate School Rated A-
  • Forced Air Heating System

About This Home

As of October 2023

Deed Restricted for the benefit of qualifying LOCAL Residents of San Miguel County R-1 School District. This 4 level, 3 Bedroom 2.5 Bath updated and remodeled home is an ideal configuration for Families or a group of Roommates. Two separate living areas provide for space to spread out around the 1,800 sf home. A newly surfaced and spacious deck, provides additional square footage for a relaxing outdoor living space, with direct access to the living room and kitchen, for an open floor plan ideal for hosting and entertaining friends and neighbors. An extensive list of recent updates and new appliances is available upon request.

Last Agent to Sell the Property

Robert Downing

Telluride Properties License #FA100048011 Listed on: 05/22/2023

Last Buyer's Agent

Ryan Higgins

Telluride Luxury Rentals and Real Estate, Inc. License #FA100080243

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,436

Year Built

  • Built in 1994

Lot Details

  • 4,138

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 3 Car Parking Spaces

Home Design

  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • Loft

Kitchen

  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System

Community Details

Overview

  • 2 Units

Amenities

  • Day Care Facility

Pet Policy

  • No Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,436

Year Built

Built in 1994

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Directions: Driving into Lawson Hill, San Miguel Ridge is your first right after Rascals PreSchool. This home is the first building on your left.
  • Listing Member Name: Will Downing
  • Listing Office Short Id: TPROPOAKST
  • Major Area: 10
  • Open House Office I D: 20081028201314033475000000
  • Prop. Type: Condo
  • Selling Member Short Id: ryanh
  • Selling Office Short Id: UNKNOWN15
  • Home Age: 21 - 40 Years
  • Deed Restrict: Public (HA)
  • Property Sub Type: Duplex
  • Year Built: 1994
  • Year Renovated: 2022.00
  • Building Style: Other
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Refrigerator, Washer
  • EstFinishedSqFt: 1800.00
  • Lower Floor 1 Half Bathrooms: 1
  • Source Sq Ft: Assessor
  • Lower Floor 1 Bedrooms: 3
  • Furnished: None
  • Studio: No

Exterior Features

  • Exterior Construction: Frame
  • Disclosures: Deed Restricted, No Dogs, RETT
  • Exterior Finish: Wood (Natural)
  • Roof: Metal
  • Substructure: Slab

Garage/Parking

  • Covered Parking: None
  • OpenAreaParking: 3 Car +
  • Parking: 3 Car

Utilities

  • Gas Company: Natural
  • Hot Water: Public
  • Heating: Forced Air

Condo/Co-op/Association

  • Total Number of Units: Lawson Hill
  • HOA Fees: 450.00
  • HOA Amenities: Day Care, Dogs Not Permitted

Fee Information

  • PaymentPer: Quarterly
  • Taxes: 1436.00

Lot Info

  • Zoning: Residential
  • Lofts: One

Tax Info

  • Tax Year: 2022

Multi Family

  • Total Numberof Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2023
Closed on
Oct 24, 2023
Sold by
Board Of County Commissioners and San Miguel County Housing Auth
Bought by
Worthington Matthew and Warburton Valerie
Seller's Agent
Robert Downing
Telluride Properties
Buyer's Agent
Ryan Higgins
Telluride Luxury Rentals and Real Estate, Inc.
List Price
$899,000
Sold Price
$771,000
Premium/Discount to List
-$128,000
-14.24%
Total Days on Market
123
Views
129
Current Estimated Value
$832,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,949
Avg. Annual Appreciation
4.95%
Original Mortgage
$733,305
Outstanding Balance
$549,937
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$283,012

Purchase Details

Listed on
Jul 8, 2015
Closed on
Aug 27, 2015
Sold by
Allen Susan G
Bought by
Haaker Charles and Haaker William E
Seller's Agent
Kristen Hughes
TREE Realty, LLC
Buyer's Agent
Robert Downing
Telluride Properties
Sold Price
$394,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%
Original Mortgage
$360,805
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 4, 1998
Sold by
San Miguel County Housing
Bought by
Allen Susan G

Purchase Details

Closed on
Oct 23, 1997
Sold by
Muller Meredith Ann Per Trea
Bought by
San Miguel County Housing Auth
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
Worthington Matthew -- None Listed On Document
Worthington Matthew $771,000 None Listed On Document
Haaker Charles $394,000 Land Title Guarantee
Allen Susan G $189,700 --
San Miguel County Housing Auth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Worthington Matthew $733,305
Previous Owner Haaker Charles $328,000
Previous Owner Haaker Charles $360,805
Previous Owner Allen Susan G $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2023 10/25/23 Sold $771,000 -3.5% $428 / Sq Ft
09/23/2023 09/23/23 Pending -- -- --
09/14/2023 09/14/23 Price Changed $799,000 -11.1% $444 / Sq Ft
09/07/2023 09/07/23 For Sale $899,000 0.0% $499 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
06/29/2023 06/29/23 Price Changed $899,000 -5.4% $499 / Sq Ft
05/22/2023 05/22/23 For Sale $950,000 +141.1% $528 / Sq Ft
08/27/2015 08/27/15 Sold $394,000 -- $219 / Sq Ft
07/08/2015 07/08/15 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 $2,410 $55,040 $3,180 $51,860
2023 $2,260 $55,570 $3,210 $52,360
2022 $1,437 $55,570 $3,210 $52,360
2021 $1,499 $38,790 $2,750 $36,040
2020 $1,484 $38,790 $2,750 $36,040
2019 $1,461 $38,790 $2,750 $36,040
2018 $1,039 $28,710 $0 $0
2017 $904 $28,710 $2,790 $25,920
2016 $468 $14,650 $2,470 $12,180
2015 $451 $14,650 $2,470 $12,180
2014 $631 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Telluride Association of REALTORS®

MLS Number: 41568

Telluride Association of REALTORS®

APN: 103-0095007