NOT LISTED FOR SALE

508 Saddle Ridge Ranch Rd Crested Butte, CO 81224

Estimated Value: $1,800,000 - $4,917,000

3.49 Acres
$1,049,949 Price per Acre
152,024 Sq Ft Lot

Last Sold May 04, 2021

Last sale price $780,000

Est. 316% increase in value since last sale

Current estimated payment $17,657/month

Highlights

  • Creek or Stream View
  • Crested Butte Community School Rated A-
  • Lot Has A Rolling Slope

About This Lot

As of May 2021

One of the first lots picked in Saddle Ridge. This 3.49 acre parcel overlooks the town of Crested Butte, the Slate River Valley, Mt. Emmons, Axtel and Mt. CB. True 360 degree views!. Saddle Ridge is a great subdivision located on a quiet cul de sac road in the corridor between Town and Mt. Crested Butte. The home owner to the west owns lots 11 and 12 which creates a natural two acre buffer. Two new Dan Murphy designed homes have been or are being built in this exclusive neighborhood. This is hands down the nicest vacant lot in the subdivision.

Last Agent to Sell the Property

Joe Garcia

Coldwell Banker Mountain Properties Listed on: 01/15/2021

Coldwell Banker Mountain Properties

Last Buyer's Agent

Jaima Giles-Alsum

LIV Sotheby's International Realty - CB

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,482

Lot Details

  • 3.49 Acre Lot
  • Lot Has A Rolling Slope

HOA Fees

  • $133 Monthly HOA Fees

Property Views

  • Creek or Stream
  • Mountain
  • Valley

Schools

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

Utilities

  • Shared Well
  • Well
  • Phone Available

Community Details

  • Saddle Ridge HOA

Listing and Financial Details

  • Security Deposit $25,000
  • Assessor Parcel Number 317735202008

Property Details

Property Type

Land

Est. Annual Taxes

$7,482

Lot Details

0

HOA Fees

$133 per month

Listing Details

  • Class: Land
  • Em Holder: Land Title
  • Legal Lot Block: Lot 13 Saddle Ridge Ranch Estates #541480
  • Lot Size Acreage: 1-5 Acres
  • Parcel Id Number: 317735202008
  • Street Descriptionaccess: Paved
  • Street Designation: Ranch
  • Zoning: Residential Single Family
  • HOA Fee Frequency: Annually
  • Domestic Sewer: Sewer Tap Available
  • Domestic Water: Shared Well/Spring, Tap Available
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 3.49
  • Current Property Use: Residential Single Family
  • Em Deposit: 25,000
  • Possible Property Use: Residential Single Family
  • Mineral Rights: Unknown
  • Topography: Rolling
  • Price per Sq Ft: 5.16
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 223495.7
  • Water Tap Available: Yes
  • Access: Year Round
  • HOA Fees: Yes
  • Total Taxes Dollar: 7481.93
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains, Valley, Stream/River

Utilities

  • Utilities: Electricity Near, Phone Near, Natural Gas Near
  • Electric Supplier: Gunnison County Electric Association
  • Gas Supplier: Atmos Energy
  • Water Supplier: Well
  • Water Well: Yes

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 1600.00
  • Hoa Name: Saddle Ridge HOA

Schools

  • High School: Crested Butte Community K-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2020

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
Jan 15, 2021
Closed on
May 4, 2021
Sold by
Upper West Side Partners Llc
Bought by
Schofield Scott Young and Schofield Kathleen Terrell
Seller's Agent
Joe Garcia
Coldwell Banker Mountain Properties
Buyer's Agent
Jaima Giles-Alsum
LIV Sotheby's International Realty - CB
List Price
$785,000
Sold Price
$780,000
Premium/Discount to List
-$5,000
-0.64%
Current Estimated Value
$3,248,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,468,129
Avg. Annual Appreciation
41.25%

Purchase Details

Closed on
Apr 27, 2004
Sold by
Roscoe Development Corp
Bought by
Upper West Side Partners Llc
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
Schofield Scott Young $780,000 Land Title Guarantee Company
Upper West Side Partners Llc $395,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2021 05/04/21 Sold $780,000 -0.6% --
03/11/2021 03/11/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $785,000 -- --
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 $5,869 $90,840 $60,080 $30,760
2023 $5,811 $250,180 $250,180 $0
2022 $10,493 $154,280 $154,280 $0
2021 $9,043 $154,280 $154,280 $0
2020 $7,482 $129,050 $129,050 $0
2019 $7,313 $129,050 $129,050 $0
2018 $7,229 $123,250 $123,250 $0
2017 $7,302 $123,250 $123,250 $0
2016 $4,034 $72,500 $72,500 $0
2015 $3,985 $72,500 $72,500 $0
2014 $3,985 $69,960 $69,960 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 777884

Colorado Real Estate Network (CREN)

APN: R042293