NOT LISTED FOR SALE

492 Red Mountain Ranch Upper Loop Crested Butte, CO 81224

Estimated Value: $796,857

35.1 Acres
$22,702 Price per Acre
1,528,956 Sq Ft Lot

Last Sold July 22, 2021

Last sale price $730,000

Est. 9% increase in value since last sale

Current estimated payment $6,152/month

357 Days on Market

Highlights

  • 35.1 Acre Lot
  • Mountain View
  • Level Lot

About This Lot

As of July 2021

Unique offering in Red Mountain Ranch! With a level building site, lot 29 is the sheer definition of "wow factor" for those looking for mountain views. Arguably the most spectacular lot within the Red Mountain Ranch development, this 35-acre parcel is ready for your dream home within the Gunnison Valley. A private driveway meanders through the aspen trees and opens to an endless meadow with 360 degree views, providing the perfect setting for relaxing and entertaining your loved one's amongst the open space. Imagine yourself grilling out on your deck as you enjoy the sunset, reading a book while the elk bugle in the meadow below you, or hiking around the property in search of hidden treasures within the forest. With abundant wildlife, a survey in place, and a well installed, the only thing missing from this incredible property is your home. Take a tour today and you will not be disappointed!

Last Agent to Sell the Property

Jaima Giles-Alsum

LIV Sotheby's International Realty - CB Listed on: 06/12/2020

Last Buyer's Agent

Shelley Albers

RE/MAX Community Brokers - CB

RE/MAX Community Brokers - CB

Property Details

Property Type

  • Land

Lot Details

  • 35.1 Acre Lot
  • Level Lot

HOA Fees

  • $250 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Schools

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

Utilities

  • Well
  • Septic System

Community Details

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

Listing and Financial Details

  • Security Deposit $30,000
  • Assessor Parcel Number 325700002027

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Class: Land
  • Em Holder: Land Title
  • Legal Lot Block: LOT 29 RED MOUNTAIN RANCH SUBD #642335
  • Lot Size Acreage: 35-50 Acres
  • Parcel Id Number: 325700002027
  • Street Descriptionaccess: Private, Paved, Private Winter Maintenanc
  • Street Designation: Road
  • Tax Account Id: R032392
  • Zoning: Residential Single Family
  • HOA Fee Frequency: Annually
  • Domestic Sewer: Septic
  • Domestic Water: Well-Other
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 35.1
  • Current Property Use: Residential Single Family
  • Em Deposit: 30,000.00
  • Mineral Rights: Unknown
  • Topography: Level, Sloped
  • Price per Sq Ft: 0.48
  • Sold Priceacre: 20797.72
  • Access: Year Round
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Total Taxes Dollar: 11,536.27
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains, Valley

Utilities

  • Electric Supplier: Gunnison County Electric Association
  • Gas Supplier: Propane
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 218929

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Trash, Road Maintenance, Snow Removal
  • Hoametro Fees: $3000.00
  • Hoa Name: Red Mountain Ranch

Schools

  • High School: Crested Butte Community K-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Jul 22, 2021
Sold by
Ortiz Salvador and Ortiz Leticia G
Bought by
Gibson Malcolm Thomas
Seller's Agent
Jaima Giles-Alsum
LIV Sotheby's International Realty - CB
Buyer's Agent
Shelley Albers
RE/MAX Community Brokers - CB
List Price
$739,000
Sold Price
$730,000
Premium/Discount to List
-$9,000
-1.22%
Current Estimated Value
$796,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,857
Avg. Annual Appreciation
2.32%
Original Mortgage
$511,000
Outstanding Balance
$160,556
Interest Rate
2.96%
Mortgage Type
Commercial
Estimated Equity
$647,411

Purchase Details

Closed on
Dec 24, 2014
Sold by
Conner Ruthmarie and The Rollin Polonitza Living Tr
Bought by
Conner Ruthmarie and The Ruthmarie Conner Revocable

Purchase Details

Closed on
Nov 8, 2000
Sold by
Vongal George E
Bought by
Polonitza Rollin Living Trust

Purchase Details

Closed on
Oct 29, 2000
Sold by
Vongal George E
Bought by
Polonitza Rollin 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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Average Value
Not Available
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
Gibson Malcolm Thomas $730,000 Land Title Guarantee Company
Conner Ruthmarie -- None Available
Polonitza Rollin Living Trust -- --
Polonitza Rollin Living Trust $550,000 --
-- $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson Malcolm Thomas $511,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2021 07/22/21 Sold $730,000 -1.2% --
06/04/2021 06/04/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $739,000 +1.2% --
04/01/2021 04/01/21 Off Market $730,000 -- --
06/12/2020 06/12/20 For Sale $739,000 -- --
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 $20,573 $334,640 $334,640 $0
2023 $20,268 $334,640 $334,640 $0
2022 $12,367 $181,830 $181,830 $0
2021 $10,658 $181,830 $181,830 $0
2020 $11,803 $203,580 $203,580 $0
2019 $11,536 $203,580 $203,580 $0
2018 $5,987 $102,080 $102,080 $0
2017 $6,048 $102,080 $102,080 $0
Source: Public Records

Agents Affiliated with this Home

  • Jaima Giles-Alsum

    Seller's Agent in 2021

    Jaima Giles-Alsum

    LIV Sotheby's International Realty - CB

    (970) 275-9357

    109 Total Sales

    Jaima Giles-Alsum
    Section Image
  • Shelley Albers

    Buyer's Agent in 2021

    Shelley Albers

    RE/MAX Community Brokers - CB

    (303) 884-0272

    27 Total Sales

    Shelley Albers
    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 770712

Colorado Real Estate Network (CREN)

APN: R032392

Colorado Gunnison County Crested Butte 81224

492 Red Mountain Ranch Upper Loop, Crested Butte, CO

Not Listed for Sale

Lots

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