NOT LISTED FOR SALE

503 E Columbia Ave Telluride, CO 81435

Estimated Value: $3,692,000 - $7,764,000

4 Beds
2 Baths
1,561 Sq Ft
$3,569/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $1,450,000 $929 Per Sq Ft

Est. 284% increase in value since last sale

Current estimated payment $31,342/month

About This Home

As of June 2020

This home is located at 503 E Columbia Ave, Telluride, CO 81435 since 26 June 2020 and is currently estimated at $5,571,555, approximately $3,569 per square foot. This property was built in 1899. 503 E Columbia Ave is a home located in San Miguel County with nearby schools including Telluride Intermediate School, Telluride Middle School, and Telluride High School.

Last Agent to Sell the Property

Rube Felicelli

Telluride Properties Main St. License #FA40019387 Listed on: 06/26/2020

Last Buyer's Agent

Office TAR

Non-MLS Archives or No Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,463

Year Built

  • Built in 1899

Lot Details

  • 4,933 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 1,561 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Community Details

  • E Tride Addition Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,463

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Directions: North East Corner of Maple and E. Columbia
  • Listing Member Name: Rube Felicelli
  • Listing Office Short Id: 3737
  • Major Area: 10
  • Estimated Number of Acres: 0.11
  • Open House Office I D: 20240605205840903266000000
  • Prop. Type: Residential
  • Selling Member Short Id: 309
  • Selling Office Short Id: ARCHIVES
  • Home Age: 40+ Years
  • Deed Restrict: None
  • FILLSUBDIVISION: E Tride Addition
  • Property Sub Type: Within Township/City Limits
  • Year Built: 1899
  • Special Features: None

Interior Features

  • EstFinishedSqFt: 1561.00
  • Source Sq Ft: Assessor
  • Lower Floor 1 Bedrooms: 4

Exterior Features

  • Disclosures: None
  • Lot Number: 1 & 2

Garage/Parking

  • Parking: On Street

Fee Information

  • Taxes: 1463.00

Lot Info

  • Land Sq Ft: 4933.00
  • Irrigation: No
  • Zoning: Residential
  • Lofts: None

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Jun 25, 2020
Sold by
Th Justis Trust
Bought by
Starrs Telluride Llc
Seller's Agent
Rube Felicelli
Telluride Properties Main St.
Buyer's Agent
Office TAR
Non-MLS Archives or No Broker
Sold Price
$1,450,000
Current Estimated Value
$5,571,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,121,555
Avg. Annual Appreciation
28.67%
Original Mortgage
$3,510,759
Outstanding Balance
$3,118,885
Interest Rate
3.2%
Mortgage Type
Construction
Estimated Equity
$2,452,670

Purchase Details

Listed on
Jun 26, 2020
Closed on
Jun 1, 2020
Sold by
505 E Columbia Ave Llc
Bought by
The Justis Trusts
Seller's Agent
Rube Felicelli
Telluride Properties Main St.
Buyer's Agent
Office TAR
Non-MLS Archives or No Broker
Sold Price
$1,450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,510,759
Outstanding Balance
$3,118,885
Interest Rate
3.2%
Mortgage Type
Construction
Estimated Equity
$2,452,670

Purchase Details

Listed on
Jun 26, 2020
Closed on
May 30, 2020
Sold by
Unincorporated Owners Association
Bought by
The Justis Trusts
Seller's Agent
Rube Felicelli
Telluride Properties Main St.
Buyer's Agent
Office TAR
Non-MLS Archives or No Broker
Sold Price
$1,450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,510,759
Outstanding Balance
$3,118,885
Interest Rate
3.2%
Mortgage Type
Construction
Estimated Equity
$2,452,670

Purchase Details

Closed on
Aug 19, 2015
Sold by
Justis Robert Y
Bought by
The Justis Trust
Source: Public Records

Range of Values:

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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
Starrs Telluride Llc $1,450,000 Land Title Guarantee
The Justis Trusts -- None Available
The Justis Trusts -- None Available
The Justis Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Starrs Telluride Llc $3,510,759
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2020 06/26/20 Sold $1,450,000 -- $929 / Sq Ft
06/26/2020 06/26/20 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 $25,464 $494,940 $92,960 $401,980
2023 $18,977 $499,740 $93,860 $405,880
2022 $7,950 $398,270 $93,860 $304,410
2021 $5,038 $113,900 $96,560 $17,340
2020 $0 $159,540 $89,950 $69,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Telluride Association of REALTORS®

MLS Number: 38355

Telluride Association of REALTORS®

APN: 1011676223