NOT LISTED FOR SALE

451 S Pine St Unit C 02 Telluride, CO 81435

Estimated Value: $1,637,000 - $2,087,298

2 Beds
2 Baths
1,168 Sq Ft
$749/mo HOA Fee

Last Sold July 15, 2021

Last sale price $1,400,000 $1,199 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $11,261/month

Highlights

  • Ski Accessible
  • 1 Fireplace
  • Community Spa
  • Telluride Intermediate School Rated A-
  • Furnished
  • Patio

About This Home

As of July 2021

The Riverside Condominiums is Telluride's premier vacation location. This very comfortable two Bedroom, two Bath single level condo overlooks the San Miguel River. Offering almost 1200 square feet of living space; both bedrooms are generous in size with the Living, Dining and Kitchen is one big entertaining space. Recent updates includes: new paint, new flooring throughout (hardwood in L,/D/K, carpet in bedrooms and tile in baths, modern lighting fixtures, appliances, new furniture in living, dining and master. Great deck off Living room to sit back and enjoy the sound of the river in the Spring, Summer and Fall. The quiet location is just steps to skiing/gondola, shops, restaurants and Town Park. Bear Creek hiking trail outside you front door.

Last Agent to Sell the Property

Scott Kelley

Telluride Properties Main St. License #FA40020854 Listed on: 05/13/2021

Last Buyer's Agent

Josh Rapaport

Telluride Properties LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,695

Year Built

  • Built in 1985

Lot Details

  • 0.76

HOA Fees

  • $749 Monthly HOA Fees

Home Design

  • Frame Construction

Interior Spaces

  • 1,168 Sq Ft Home
  • Furnished
  • 1 Fireplace

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • Off-Street Parking

Additional Features

  • Patio
  • Baseboard Heating

Community Details

Overview

  • Association fees include contingency fund, grounds maintenance, insurance, management, sewer, snow removal, trash, water
  • 42 Units

Recreation

  • Community Spa
  • Ski Accessible

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,695

Year Built

Built in 1985

Lot Details

0

HOA Fees

$749 per month

Listing Details

  • Directions: Colorado Ave to South Pine Street. Follow to Riverside Development at end of South Pine. C building is first on right
  • Listing Member Name: Scott P. Kelley
  • Listing Office Short Id: 3737
  • Major Area: 10
  • Open House Office I D: 20240605205840903266000000
  • Prop. Type: Condo
  • Selling Member Short Id: 519
  • Selling Office Short Id: rapaportc
  • Home Age: 21 - 40 Years
  • Deed Restrict: None
  • Property Sub Type: Multi-Unit Buildings
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Elec Oven/Range, Refrigerator, Washer
  • EstFinishedSqFt: 1168.00
  • Source Sq Ft: Assessor
  • Disability Access: City, Paved
  • Lower Floor 1 Bedrooms: 2
  • Fireplace: 1, Artificl Gas Logset
  • Furnished: Full
  • Studio: No

Exterior Features

  • Exterior Construction: Frame
  • Disclosures: Covenants, RETT
  • Water Extras: Patio/Deck

Garage/Parking

  • OpenAreaParking: 1 Car
  • Parking: Off Street Uncovered

Utilities

  • Electric: Power Company
  • Gas Company: Natural
  • Hot Water: Public
  • Heating: Baseboard, Electric

Condo/Co-op/Association

  • Total Number of Units: Riverside
  • HOA Fees: 2246.00
  • HOA Amenities: Dogs Permitted, Hot Tub
  • HOA Fees Includes: Contingency Fund, Grounds Maintenance, Insurance, Management, Sewer, Snow Removal, Trash, Water

Fee Information

  • PaymentPer: Quarterly
  • Taxes: 2695.00

Lot Info

  • Zoning: Accommodations 2
  • Lofts: None

Tax Info

  • Tax Year: 2020

Multi Family

  • Total Numberof Units: 42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Jul 15, 2021
Sold by
Lillard Brian and Lillard Linda
Bought by
Schlott James F and Schlott Jill R
Seller's Agent
Scott Kelley
Telluride Properties Main St.
Buyer's Agent
Josh Rapaport
Telluride Properties LLC.
Sold Price
$1,400,000
Total Days on Market
0
Current Estimated Value
$1,894,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$494,325
Avg. Annual Appreciation
6.85%
Original Mortgage
$632,000
Interest Rate
2.96%
Mortgage Type
Commercial

Purchase Details

Listed on
May 12, 2014
Closed on
Jun 25, 2014
Sold by
Dixon Thomas F and Dixon Susan G
Bought by
Lillard Brian and Lillard Linda
Seller's Agent
MARY CAMPBELL
Telluride Mountain Properties
Buyer's Agent
Scott Kelley
Telluride Properties Main St.
Sold Price
$552,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.08%
Original Mortgage
$414,375
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2007
Sold by
Calaway Geoffrey C
Bought by
Dixon Thomas F and Dixon Susan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 13, 1995
Sold by
Young
Bought by
Calaway

Purchase Details

Closed on
Mar 22, 1990
Sold by
Columbia Land Dev
Bought by
Young Rk and Young Jc
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
Schlott James F $1,400,000 Land Title Guarantee
Lillard Brian $552,500 Land Title Guarantee Company
Dixon Thomas F $970,000 None Available
Calaway $310,000 --
Young Rk $188,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yunis Omar $745,000
Closed Schlott James F $632,000
Previous Owner Lillard Brian $414,375
Previous Owner Dixon Thomas F $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2021 07/15/21 Sold $1,400,000 +153.4% $1,199 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
06/25/2014 06/25/14 Sold $552,500 -- $473 / Sq Ft
05/12/2014 05/12/14 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 $5,502 $109,820 $0 $109,820
2023 $6,023 $128,940 $0 $128,940
2022 $3,175 $69,280 $0 $69,280
2021 $3,239 $73,230 $0 $73,230
2020 $2,695 $61,020 $0 $61,020
2019 $2,668 $61,020 $0 $61,020
2018 $2,163 $50,380 $0 $0
2017 $1,811 $50,380 $0 $50,380
2016 $2,112 $57,670 $0 $57,670
2015 $2,066 $57,670 $0 $57,670
2014 $1,779 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Telluride Association of REALTORS®

MLS Number: 39221

Telluride Association of REALTORS®

APN: 101-0089002