$4,250,000
SOLD JUL 17, 2024

453 W Pacific Ave Telluride, CO 81435

6 Beds
4 Baths
1,855 Sq Ft
4,225 Sq Ft Lot

Recently Sold

$2,291 Per Sq Ft

10 Days on Market

Highlights

  • Victorian Architecture
  • Shed
  • 4-minute walk to Wintermoon Sled Dog Adventures
  • Telluride Intermediate School Rated A-

About This Home

As of July 2024

An extraordinary opportunity to purchase one of the very best redevelopment parcels remaining in downtown Telluride. The prized location, on an oversized lot, is less than a two block walk from the ski lift, the Gondola, Main Street, the New Sheridan Hotel and over a dozen restaurants and shops. Zoning affords short term rentals if desired. The HARC approved plans by Tommy Hein Architects allow for configuration flexibility with up to 4,500 square feet of livable square footage and up to seven bedrooms and seven bathrooms with a garage. Existing triplex configuration of six bedrooms and four bathrooms provides interim rental revenue.

Last Agent to Sell the Property

Stewart Seeligson

The Agency Telluride Listed on: 06/05/2024

The Agency Telluride

Last Buyer's Agent

Stewart Seeligson

The Agency Telluride Listed on: 06/05/2024

The Agency Telluride

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,573

Year Built

  • Built in 1905

Home Design

  • 1,855 Sq Ft Home
  • Victorian Architecture
  • Stick Built Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Schools

  • Telluride K-6 Elementary School
  • Telluride 7-8 Middle School
  • Telluride 9-12 High School

Additional Features

  • Shed
  • 4,225 Sq Ft Lot
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 477901202007

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,573

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Estimated Total Acres: 0.097
  • Class: RESIDENTIAL
  • Em Deposit: 212,500
  • Em Holder: Title Company
  • Legal Lot Block: LOT 14R BLK 5 WEST TELLURIDE ACC TO REPLAT VACATING PROPERTY LINE BETWEEN LOT 14 AND W2 LOT 13 W TELLURIDE ADDN TO TOT
  • Lot Size Acreage: .5 - .99
  • Parcel Id Number: 477901202007
  • Price Per Sq Ft: 2291.11
  • Real Estate Included: Yes
  • Realist Id: 477901202007
  • Residence Style: Victorian
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 2291.11
  • Street Designation: Avenue
  • Tax Account Id: R1010000510
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Service: Yes
  • Total Taxes Dollar: 6,573
  • Year Built: 1905
  • Foreign Owned Y N: No
  • Prop Description Remarks: An extraordinary opportunity to purchase one of the very best redevelopment parcels remaining in downtown Telluride. The prized location, on an oversized lot, is less than a two block walk from the ski lift, the Gondola, Main Street, the New Sheridan Hotel and over a dozen restaurants and shops. Zoning affords short term rentals if desired. The HARC approved plans by Tommy Hein Architects allow for configuration flexibility with up to 4,500 square feet of livable square footage and up to seven bedrooms and seven bathrooms with a garage. Existing triplex configuration of six bedrooms and four bathrooms provides interim rental revenue.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Estimated Total Sq Ft: 1855
  • Full Bathrooms: 4
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Office Den: 0

Exterior Features

  • Exterior Structures: Shed

Utilities

  • Electric Supplier: San Miguel Power Association
  • Sewer Supplier: Town of Telluride
  • Water Supplier: Town of Telluride

Schools

  • Elementary School: Telluride K-6
  • Middle School: Telluride 7-8
  • High School: Telluride 9-12
  • High School: Telluride 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Telluride K-6
  • Middle School: Telluride 7-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Jul 17, 2024
Sold by
Town Of Telluride
Bought by
453 Clement Llc
Seller's Agent
Stewart Seeligson
The Agency Telluride
Buyer's Agent
Stewart Seeligson
The Agency Telluride
List Price
$4,250,000
Sold Price
$4,250,000
Total Days on Market
10
Views
3
Current Estimated Value
$4,239,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,461
Avg. Annual Appreciation
-0.28%

Purchase Details

Listed on
Dec 7, 2022
Closed on
Feb 2, 2023
Sold by
Mackown David R
Bought by
Telluride 453 Llc
Seller's Agent
Scott Bennett
Telluride Real Estate Brokers, Inc.
Buyer's Agent
Stewart Seeligson
PEAKS REAL ESTATE, SOTHEBY'S INT'L.
Sold Price
$3,250,000
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.32%

Purchase Details

Closed on
Oct 3, 1983
Sold by
Bundy Steve and Bundy Sally
Bought by
Mackown David R
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 Type Sale Price Title Company
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $4,250,000 Land Title Guarantee Company
Warranty Deed $4,250,000 Land Title Guarantee Company
Warranty Deed $3,250,000 Land Title Guarantee Company
Deed $97,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2024 07/17/24 Sold $4,250,000 0.0% $2,291 / Sq Ft
06/15/2024 06/15/24 Pending -- -- --
06/05/2024 06/05/24 For Sale $4,250,000 +30.8% $2,291 / Sq Ft
02/02/2023 02/02/23 Sold $3,250,000 -- $1,524 / Sq Ft
12/07/2022 12/07/22 Pending -- -- --
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 $7,265 $143,840 $106,000 $37,840
2023 $6,573 $145,230 $107,020 $38,210
2022 $4,978 $140,380 $107,030 $33,350
2021 $5,079 $114,810 $110,110 $4,700
2020 $4,727 $107,020 $102,560 $4,460
2019 $4,679 $107,020 $102,560 $4,460
2018 $4,106 $95,630 $0 $0
2017 $3,438 $95,630 $91,130 $4,500
2016 $3,441 $93,970 $89,000 $4,970
2015 $3,366 $93,970 $89,000 $4,970
2014 $2,402 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 814525

Colorado Real Estate Network (CREN)

APN: 101-0000510