Seller's Agent in 2020
Channing Boucher
LIV Sotheby's International Realty - CB
(970) 596-3228
109 in this area
194 Total Sales
505 2nd St Crested Butte, CO 81224
Estimated Value: $1,835,000 - $2,118,000
1
Bed
1.5
Baths
1,563
Sq Ft
$1,243/Sq Ft
Est. Value
Highlights
- Mountain View
- Deck
- Living Room with Fireplace
- Crested Butte Community School Rated A-
- Wood Burning Stove
- 5-minute walk to Totem Pole Park
About This Home
As of December 2020Located in the R3C district aka the residential historic commercial core of the Town of Crested Butte, 505 Second Street is a unique opportunity. The first floor of the property is a generous commercial space with great natural light, a half bath and big windows, a front door facing Second Street and a double door in the rear. Upstairs, the penthouse features gorgeous wood floors, a beautiful granite kitchen with gas range and designer cabinetry. The bath features cool built-ins, a sharp vanity, a deep soak tub and a steam shower. The bedroom enjoys an attached covered deck and with the mature trees all around the bedroom and deck feel naturally private. Out back the garage is great for storage and a shop now but could certainly become something special for a future owner. The views from the penthouse are stunning. Mt Crested Butte in all her glory fills the window view to the east. You can even see the top of Teocalli Mtn! The free skier shuttle bus stop, ice rink and nordic ski trails are nearby. This is the historic core but the 1987 built property is not historic. The Scarp Lodge is the neighbor across the street.
Last Agent to Sell the Property
LIV Sotheby's International Realty - CB Listed on: 07/19/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,675
Year Built
- Built in 1987
Lot Details
- 3,485 Sq Ft Lot
- Back Yard Fenced
- Wooded Lot
- Property is zoned Live/Work, Commercial, Mixed-Use
Parking
- 1 Car Detached Garage
Home Design
- Metal Roof
- Wood Siding
- Stick Built Home
Interior Spaces
- 1,563 Sq Ft Home
- 1-Story Property
- Wood Burning Stove
- Gas Log Fireplace
- Living Room with Fireplace
- Mountain Views
- Crawl Space
Kitchen
- Eat-In Kitchen
- Oven or Range
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Separate Outdoor Workshop
Schools
- Crested Butte Community K-12 Elementary And Middle School
- Crested Butte Community K-12 High School
Utilities
- Heating System Uses Natural Gas
- Vented Exhaust Fan
- Baseboard Heating
- Water Heater
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 325503154031
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 19, 2020
Closed on
Dec 2, 2020
Sold by
Ellis Adria Lee
Bought by
Downey Bonnie S
Seller's Agent
Channing Boucher
LIV Sotheby's International Realty - CB
Buyer's Agent
Jesse Ebner
Signature Properties Ebner & Associates, LLC
List Price
$1,295,000
Sold Price
$1,125,000
Premium/Discount to List
-$170,000
-13.13%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$818,513
Avg. Annual Appreciation
11.85%
Purchase Details
Closed on
Jan 4, 2001
Sold by
Houston Galen
Bought by
Ellis Adria Lee
Purchase Details
Closed on
Feb 1, 1991
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Downey Bonnie S | $1,125,000 | None Listed On Document | |
| Ellis Adria Lee | $355,000 | -- | |
| -- | $162,500 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/08/2020 12/08/20 | Sold | $1,125,000 | -13.1% | $720 / Sq Ft |
| 11/08/2020 11/08/20 | Pending | -- | -- | -- |
| 08/26/2020 08/26/20 | For Sale | $1,295,000 | 0.0% | $829 / Sq Ft |
| 08/05/2020 08/05/20 | Pending | -- | -- | -- |
| 07/19/2020 07/19/20 | For Sale | $1,295,000 | -- | $829 / Sq Ft |
Source: Colorado Real Estate Network (CREN)
Tax History Compared to Growth
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 | $11,016 | $159,970 | $16,570 | $143,400 |
| 2023 | $11,016 | $94,360 | $15,950 | $78,410 |
| 2022 | $7,110 | $90,710 | $9,370 | $81,340 |
| 2021 | $11,778 | $170,720 | $19,090 | $151,630 |
| 2020 | $6,812 | $99,670 | $15,440 | $84,230 |
| 2019 | $6,675 | $99,670 | $15,440 | $84,230 |
| 2018 | $6,052 | $87,300 | $16,960 | $70,340 |
| 2017 | $6,092 | $87,300 | $16,960 | $70,340 |
| 2016 | $3,179 | $47,890 | $17,360 | $30,530 |
| 2015 | $1,385 | $47,890 | $17,360 | $30,530 |
| 2014 | $1,385 | $40,890 | $13,310 | $27,580 |
Source: Public Records
Agents Affiliated with this Home
-
Channing Boucher
-
Jesse Ebner
Buyer's Agent in 2020
Jesse Ebner
Signature Properties Ebner & Associates, LLC
(970) 901-2922
63 in this area
274 Total Sales
Map
Source: Colorado Real Estate Network (CREN)
MLS Number: 772305
APN: R003258
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 413 2nd St
- 209 Whiterock Ave
- 609 2nd St
- 223 Sopris Ave
- 513 Third St
- 119 Elk Ave
- 310 2nd St
- 22 Elk Ave
- 308 Whiterock Ave
- 218 Maroon Ave Unit E
- 108 Maroon Ave Unit B
- 28 Whiterock Ave Unit 2
- 17 Elk Ave
- 309 Belleview #2-C Residential Unit 2-C
- 309 Belleview #2-B Residential Unit 2-B
- 309 Belleview #2-A Residential Unit 2-A
- 3 Beckwith Ave
- 398 Journey's End Rd
- 315 Elk Ave
- 602 & 604 Fourth St
- 509 2nd St
- 501 2nd St
- 122 Sopris Ave Unit B
- 200 Sopris Ave
- 124 Sopris Ave
- 125 Whiterock Ave Unit N2 Lot 27, Block 32,
- 125 Whiterock Ave Unit N 1/2 Lots 28-29, Bl
- 125 Whiterock Ave
- 120 Sopris Ave
- 121 Whiterock Ave Unit N 1/2 of Lots27, Blo
- 118 Sopris Ave
- 119 Whiterock Ave
- 417 Second St
- 123 Sopris Ave
- 212 Sopris Ave
- 123 Whiterock Ave
- 516 2nd St
- 114 Sopris Ave
- 117 Whiterock Ave
- 201 Sopris Ave