NOT LISTED FOR SALE

501 E Colorado Ave Telluride, CO 81435

Estimated Value: $6,500,000 - $9,918,000

6 Beds
4.5 Baths
3,971 Sq Ft
$2,170/Sq Ft Est. Value

Last Sold October 04, 2012

Last sale price $2,750,000 $693 Per Sq Ft

Est. 213% increase in value since last sale

Current estimated payment $47,605/month

Highlights

  • Contemporary Architecture
  • Radiant Floor
  • Home Security System
  • Telluride Intermediate School Rated A-
  • 1 Fireplace
  • 2-minute walk to Telluride Historic District

About This Home

As of October 2012

REDUCED PRICE!Orignally Priced at $3,970,000 NOW $2,990,000Ideally located across from Telluride's Town Park and the San Miguel River, this Victorian-styled home resides on two lots and offers easy access to the amenities of Telluride. Newly remodeled on the main level with a beautifully appointed kitchen, the home boasts a spacious living area with an open floor plan and expansive windows that bring in abundant light. With 5 beds in the main residence and a 1 bed studio with kitchen above the 2-car garage, this elegant residence is unique for its size and location.

Last Agent to Sell the Property

Stephen Cieciuch

Telluride Properties License #EA1261945 Listed on: 08/21/2012

Last Buyer's Agent

Brian O'Neill

Telluride Properties License #FA40016746

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,211

Year Built

  • Built in 1983

Lot Details

  • 6,250 Sq Ft Lot

Parking

  • 2 Car Parking Spaces

Home Design

  • Contemporary Architecture
  • Victorian Architecture
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 3,971 Sq Ft Home
  • 1 Fireplace
  • Window Treatments
  • Radiant Floor
  • Home Security System

Kitchen

  • Gas Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,211

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Directions: 504 E Colorado Ave
  • Listing Member Name: Steve Cieciuch
  • Listing Office Short Id: TPROPOAKST
  • Major Area: 10
  • Estimated Number of Acres: 0.14
  • Open House Office I D: 20081028201314033475000000
  • Prop. Type: Residential
  • Selling Member Short Id: 197
  • Selling Office Short Id: TPROPOAKST
  • Home Age: 21 - 40 Years
  • Deed Restrict: None
  • Legal Info Block: 28
  • FILLSUBDIVISION: None
  • Property Sub Type: Within Township/City Limits
  • Year Built: 1983
  • Year Renovated: 2010.00
  • Building Style: Contemporary, Victorian
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Gas Oven/Range, Microwave, Refrigerator, Trash Compactor, Washer
  • EstFinishedSqFt: 3971.00
  • Lower Floor 1 Half Bathrooms: 1
  • Source Sq Ft: Assessor
  • Disability Access: City, Paved
  • Lower Floor 1 Bedrooms: 6
  • Fireplace: 1, Artificial Gas Logs

Exterior Features

  • Exterior Construction: Frame
  • Disclosures: RETT
  • Exterior Finish: Stone, Wood (Painted)
  • Lot Number: 20
  • Roof: Metal
  • View: Box Canyon
  • Water Extras: Security System, Window Coverings
  • Substructure: None

Garage/Parking

  • Covered Parking: 2 Car
  • OpenAreaParking: 2 Car
  • Parking: 2 Car

Utilities

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

Fee Information

  • Taxes: 7210.94

Lot Info

  • Land Sq Ft: 6250.00
  • Irrigation: No
  • Zoning: Residential
  • Lofts: None

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2012
Closed on
Oct 4, 2012
Sold by
Burchill Mark
Bought by
Spitzer A Travis and Spitzer Alison
Seller's Agent
Stephen Cieciuch
Telluride Properties
Buyer's Agent
Brian O'Neill
Telluride Properties
Sold Price
$2,750,000
Current Estimated Value
$8,618,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,868,269
Avg. Annual Appreciation
9.13%
Original Mortgage
$1,500,000
Outstanding Balance
$1,050,369
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$7,567,900
Source: Public Records

Range of Values:

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Average Value
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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
Spitzer A Travis $2,750,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spitzer A Travis $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2012 10/04/12 Sold $2,750,000 -- $693 / Sq Ft
08/21/2012 08/21/12 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 $28,868 $560,620 $141,330 $419,290
2023 $27,047 $566,050 $142,700 $423,350
2022 $14,792 $566,050 $142,700 $423,350
2021 $15,091 $341,160 $117,440 $223,720
2020 $13,330 $301,800 $109,400 $192,400
2019 $13,196 $301,800 $109,400 $192,400
2018 $11,313 $263,460 $0 $0
2017 $9,473 $263,460 $101,250 $162,210
2016 $9,580 $261,600 $98,880 $162,720
2015 $9,371 $281,370 $118,650 $162,720
2014 $9,175 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephen Cieciuch

    Seller's Agent in 2012

    Stephen Cieciuch

    Telluride Properties

    (970) 708-2338

    51 in this area

    80 Total Sales

    Stephen Cieciuch
    Section Image
  • Brian O'Neill

    Buyer's Agent in 2012

    Brian O'Neill

    Telluride Properties

    (970) 708-5367

    75 in this area

    121 Total Sales

    Brian O'Neill
    Section Image
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Map

Source: Telluride Association of REALTORS®

MLS Number: 26348

Telluride Association of REALTORS®

APN: 101-5002071

Colorado San Miguel County Telluride 81435

501 E Colorado Ave, Telluride, CO

This home is located at 501 E Colorado Ave, Telluride, CO 81435 since 21 August 2012 and is currently estimated at $8,618,269, approximately $2,170 per square foot. This property was built in 1983. 501 E Colorado Ave is a home located in San Miguel County with nearby schools including Telluride Intermediate School, Telluride Middle School, and Telluride High School.

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