NOT LISTED FOR SALE

492 Coal Camp Rd Unit Lot 25 Red Mountain Crested Butte, CO 81224

Estimated Value: $1,979,000 - $2,579,693

3 Beds
2 Baths
1,828 Sq Ft
$1,286/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $1,510,000 $826 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $13,392/month

88 Days on Market

Highlights

  • Horses Allowed On Property
  • Gated Community
  • Mountain View
  • Spa
  • 49.8 Acre Lot
  • Deck

About This Home

As of November 2020

Fantastic property with amazing views in every direction at the top of Red Mountain Ranch. This fully furnished, well maintained 3 bedroom, 2 bath mountain home offers an attached stacked 2 car garage, custom built doors throughout, Viking appliance kitchen with new Subzero fridge, vaulted ceilings in the kitchen and living room with a stacked stone fireplace, large mudroom with washer dryer on the lower entry and many custom features. Attention to details have not been missed. Main bedroom on the 3rd floor making it very private with steam shower and soaking bathtub. Large hardwood deck with custom log furniture overlooking the amazing valley views of this extra large 49.8 acres lot. Just off the large, wrap around deck is a gazebo with a hot tub. Perfect for the ultimate relaxation. This home includes 2 cistern's holding ground water, sprinkler system, extra large flat grass area with electric installed, and a stone patio with steel reinforced stone steps to the patio. Perfect for a tent, entertaining or enjoying the quiet getaway. The mountain home can become the accessory dwelling and covenants allow approximately 5000 square feet of additional buildings on this lot. With good, wide all weather roads that are well maintained winter and summer this home offers excellent hiking, horseback riding, cross country skiing, and more.

Last Agent to Sell the Property

Elizabeth Sawyer

Coldwell Banker Mountain Properties Listed on: 07/10/2020

Coldwell Banker Mountain Properties

Last Buyer's Agent

Elizabeth Sawyer

Coldwell Banker Mountain Properties Listed on: 07/10/2020

Coldwell Banker Mountain Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,332

Year Built

  • Built in 2004

Lot Details

  • 49.8 Acre Lot
  • Landscaped
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $250 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Home Design

  • Cabin
  • Permanent Foundation
  • Wood Shingle Roof
  • Wood Siding
  • Stick Built Home
  • Stone

Interior Spaces

  • 1,828 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Vaulted Ceiling
  • Thermal Windows
  • Double Pane Windows
  • Window Treatments
  • Den with Fireplace
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Deck
  • Covered Patio or Porch
  • Gazebo

Schools

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

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Boiler Heating System
  • Heating System Uses Wood
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Septic Tank
  • Septic System
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 325700002032

Community Details

Overview

  • Association fees include trash, road maintenance
  • Red Mountain Ranch HOA

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,332

Year Built

Built in 2004

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave
  • Estimated Total Acres: 49.8
  • Class: RESIDENTIAL
  • Common Facilities: Gated Community
  • Em Deposit: 50,000
  • Em Holder: Title Company
  • Exterior Inclusions: Landscaping, Patio, Deck, Hot Tub, Lawn Sprinklers, Covered Porch
  • Interior Inclusions: Window Coverings, W/D Hookup, Vaulted Ceiling, Security System, Garage Door Opener, Fire Sprinklers
  • Legal Lot Block: Lot 25, Red Mountain Ranch according to the Plat recorded October 10, 1996, bearing Reception No. 471177
  • List Price per Sq Ft: 872.54
  • Livestock Allowed: Horses
  • Lot Size Acreage: 35+
  • New Construction Type: Build to Suit
  • Parcel Id Number: 325700002032
  • Price Per Sq Ft: 826.04
  • Property Description: Wooded Lot
  • Real Estate Included: Yes
  • Residence Stories: Three Story
  • Residence Style: Cabin
  • Sale/Rent: For Sale
  • Siding: Wood
  • Sold Price Sq Ft: 826.04
  • Street Descriptionaccess: Private, Dirt, Private Winter Maintenanc
  • Tax Account Id: R032388
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Access: Year Round
  • HOA Fees: Yes
  • Internet Provider: Verizon
  • Internet Service: Yes
  • Total Taxes Dollar: 5331.80
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 20

Interior Features

  • Dining Room: Island, Kitchen Bar
  • Bedrooms: 3
  • Flooring: Hardwood, Tile
  • Estimated Total Sq Ft: 1828
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 2
  • Basement Finished Sq Ft: 322
  • Fireplace Location Type: Den/Family Room
  • Foundation: Basement-walk out, Basement-finished, Permanent
  • Main Level Sq Ft: 1506
  • Master Bedroom Level: Upper Level
  • Total Office Den: 0

Exterior Features

  • Windows: Double Pane, Metal, Thermal Panes
  • Construction Type: Wood Frame, Wood, Stone
  • Exterior Structures: Gazebo
  • Roof: Wood Shingle
  • Views: Mountains, Valley

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Electric, Propane-Tank Leased, Cable TV, Phone - Cell Reception, Phone - Landline
  • Electric Supplier: Gunnison County Electric Association
  • Gas Supplier: AmeriGas
  • Heating System: Boiler, Floor Radiant, Fireplace
  • Sewer Supplier: Septic
  • Water Heater: Propane Water Heater
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 249905

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Trash, Road Maintenance
  • Hoametro Fees: 3000
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: Red Mountain Ranch

Schools

  • High School: Crested Butte Community K-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2019

MLS Schools

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

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Nov 18, 2020
Sold by
Burnett Bryan E and Burnett Joann
Bought by
Marksberry Darryl T and Marksberry Nanita M
Seller's Agent
Elizabeth Sawyer
Coldwell Banker Mountain Properties
Buyer's Agent
Elizabeth Sawyer
Coldwell Banker Mountain Properties
List Price
$1,595,000
Sold Price
$1,510,000
Premium/Discount to List
-$85,000
-5.33%
Current Estimated Value
$2,350,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$840,173
Avg. Annual Appreciation
9.08%
Original Mortgage
$850,000
Outstanding Balance
$756,379
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,593,794

Purchase Details

Closed on
Mar 20, 2003
Sold by
Lacy William J
Bought by
Burnett Bryan E

Purchase Details

Closed on
Aug 5, 2002
Sold by
Mcfaul Andrew Living Trust
Bought by
Lacy William J

Purchase Details

Closed on
Nov 11, 2001
Sold by
Kennedy Carter Townsend
Bought by
Mcfaul Andrew Living Trust

Purchase Details

Closed on
Jan 27, 1997
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marksberry Darryl T $1,510,000 Colorado Title & Escrow
Burnett Bryan E $427,500 --
Lacy William J $385,000 --
Mcfaul Andrew Living Trust $385,000 --
-- $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marksberry Darryl T $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2020 11/20/20 Sold $1,510,000 -5.3% $826 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $1,595,000 -- $873 / 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 $9,508 $159,110 $50,230 $108,880
2023 $9,413 $155,420 $49,060 $106,360
2022 $7,515 $110,490 $29,050 $81,440
2021 $6,664 $113,680 $29,890 $83,790
2020 $5,455 $94,090 $34,860 $59,230
2019 -- $94,090 $34,860 $59,230
2018 -- $71,940 $25,340 $46,600
2017 -- $71,940 $25,340 $46,600
2016 -- $72,770 $25,470 $47,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 771972

Colorado Real Estate Network (CREN)

APN: R032388