NOT LISTED FOR SALE

503 W Colorado Ave Telluride, CO 81435

Estimated Value: $1,582,000 - $4,717,877

4 Beds
4 Baths
2,000 Sq Ft
$1,506/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $1,560,000 $780 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $17,694/month

Highlights

  • Wood Siding
  • Telluride Intermediate School Rated A-
  • 4-minute walk to Wintermoon Sled Dog Adventures

About This Home

As of September 2020

Situated in the heart of historic Telluride, this duplex residence offers a wealth of opportunities. Two bedrooms and two baths on each of the upper and lower flats. Rent the individual residences as an investment property or live in an excellent investment property that can be re-developed into a single family home at one's discretion. Out the front door you may walk to skiing and downtown's restaurants-shops. Private off-street parking in the back.

Last Agent to Sell the Property

Jake McTigue

LIV Sotheby's International Realty- MainSt License #IA100027437 Listed on: 08/28/2020

LIV Sotheby's International Realty- MainSt

Co-Listed By

Bill Fandel

Compass Colorado - Telluride License #FA40010785

Last Buyer's Agent

ERIC SAUNDERS

Telluride Properties LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,373

Year Built

  • Built in 1985

Lot Details

  • 3,205 Sq Ft Lot
  • Property is zoned Historic Residential

Home Design

  • 2,000 Sq Ft Home
  • Metal Roof
  • Wood Siding

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • Off-Street Parking

Utilities

  • Heating System Uses Gas

Additional Features

  • Unfinished Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,373

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Directions: Colorado Avenue between Davis and Townsend on north side of the street.
  • Listing Member Name: Jake McTigue
  • Listing Office Short Id: livmain
  • Major Area: 10
  • Estimated Number of Acres: 0.07
  • Open House Office I D: 20190521162252562343000000
  • Prop. Type: Residential
  • Selling Member Short Id: 189
  • Selling Office Short Id: TPROPOAKST
  • Home Age: 21 - 40 Years
  • Deed Restrict: None
  • Property Sub Type: Within Township/City Limits
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Oven/Range, Refrigerator
  • EstFinishedSqFt: 2000.00
  • Source Sq Ft: Assessor
  • Disability Access: City
  • Lower Floor 1 Bedrooms: 4

Exterior Features

  • Disclosures: RETA
  • Exterior Finish: Wood (Natural)
  • Lot Number: Site 503
  • Roof: Metal
  • View: Red Rock-South
  • Substructure: Unfinished

Garage/Parking

  • OpenAreaParking: 2 Car
  • Parking: Off Street Uncovered

Utilities

  • Electric: Power Company
  • Gas Company: Natural
  • Hot Water: Public
  • Heating: Gas

Fee Information

  • Taxes: 3373.04

Lot Info

  • Land Sq Ft: 3205.00
  • Irrigation: No
  • Zoning: Historic Residential
  • Lofts: None

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Sep 28, 2020
Sold by
Cowart Trent E and Cowart Janice R
Bought by
Coast Property Enterprises Llc
Seller's Agent
Jake McTigue
LIV Sotheby's International Realty- MainSt
Buyer's Agent
ERIC SAUNDERS
Telluride Properties LLC.
Sold Price
$1,560,000
Total Days on Market
0
Current Estimated Value
$3,012,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,452,292
Avg. Annual Appreciation
15.03%

Purchase Details

Closed on
Feb 14, 1992
Sold by
Cowart Janice
Bought by
Cowart J

Purchase Details

Closed on
Jan 27, 1988
Sold by
Cowart Trent
Bought by
Cowart Janice
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 Buyer Sale Price Title Company
Coast Property Enterprises Llc $1,560,000 Land Title Guarantee
Cowart J -- --
Cowart Janice -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $1,560,000 -- $780 / Sq Ft
08/28/2020 08/28/20 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 $10,182 $200,120 $76,500 $123,620
2023 $9,539 $202,050 $77,240 $124,810
2022 $5,392 $202,050 $77,240 $124,810
2021 $5,622 $127,100 $79,460 $47,640
2020 $5,018 $113,600 $74,020 $39,580
2019 $4,967 $113,600 $74,020 $39,580
2018 $4,028 $93,810 $0 $0
2017 $3,373 $93,810 $65,770 $28,040
2016 $3,472 $94,810 $65,440 $29,370
2015 $3,396 $94,810 $65,440 $29,370
2014 $3,216 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jake McTigue

    LIV Sotheby's International Realty- MainSt

    (970) 708-1451

    35 in this area

    38 Total Sales

    Jake McTigue
    Section Image
  • Bill Fandel

    Seller Co-Listing Agent in 2020

    Bill Fandel

    Compass Colorado - Telluride

    (970) 708-4141

    52 in this area

    70 Total Sales

    Bill Fandel
    Section Image

  • E

    Buyer's Agent in 2020

    ERIC SAUNDERS

    Telluride Properties LLC.

See All Agents

Map

Source: Telluride Association of REALTORS®

MLS Number: 36571

Telluride Association of REALTORS®

APN: 101-0070503

Colorado San Miguel County Telluride 81435

503 W Colorado Ave, Telluride, CO

This home is located at 503 W Colorado Ave, Telluride, CO 81435 since 28 August 2020 and is currently estimated at $3,012,292, approximately $1,506 per square foot. This property was built in 1985. 503 W 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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