NOT LISTED FOR SALE

514 3rd St Crested Butte, CO 81224

Estimated Value: $1,049,000 - $1,284,000

2 Beds
1 Bath
899 Sq Ft
$1,294/Sq Ft Est. Value

Last Sold September 21, 2021

Last sale price $875,000 $973 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,642/month

Highlights

  • Mountain View
  • Wood Burning Stove
  • Tile Flooring
  • Crested Butte Community School Rated A-
  • Shed
  • 4-minute walk to Totem Pole Park

About This Home

As of September 2021

Perfect opportunity to own a piece of Gallowich Family history/legacy. The location of this property is perfect as it sit just over one block from Elk Ave and enables you to relish everything Crested Butte has to offer. The house is a two bedroom and one bathroom home with a cozy living room, kitchen and one bedroom on the main floor and the other spacious bedroom, a full bathroom, and large flex room upstairs. With ample room to create your own space in the back yard and enjoy yours days and evenings relaxing or entertaining.

Last Agent to Sell the Property

Mary Ann Fore

HomeSmart Listed on: 07/02/2021

HomeSmart

Last Buyer's Agent

Shelley Albers

RE/MAX Community Brokers - CB

RE/MAX Community Brokers - CB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,226

Year Built

  • Built in 1890

Lot Details

  • 3,049

Home Design

  • Cabin
  • Metal Roof
  • Stick Built Home

Interior Spaces

  • 899 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Combination Kitchen and Dining Room
  • Mountain Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Heating System Uses Wood
  • Baseboard Heating
  • Water Heater
  • Internet Available

Additional Features

  • Shed
  • 3,049 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 325503178010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,226

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Appliance Inclusions: Refrigerator, Disposal, Range/Oven
  • Estimated Total Acres: 0.07
  • Class: RESIDENTIAL
  • Em Deposit: 50,000.00
  • Em Holder: Title Company
  • Legal Lot Block: LOT 18, BLOCK 34, CRESTED BUTTE
  • List Price per Sq Ft: 1084.54
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 325503178010
  • Price Per Sq Ft: 973.3
  • Real Estate Included: Yes
  • Realist Id: 325503178010
  • Residence Stories: Two Story
  • Residence Style: Cabin
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 973.3
  • Street Descriptionaccess: City/Town, Paved
  • Street Designation: Street
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Access: Year Round
  • Internet Service Avail: Yes
  • Total Taxes Dollar: 2226
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Kitchen/Dining
  • Bedrooms: 2
  • Flooring: Tile, Vinyl, Carpet-Partial
  • Estimated Total Sq Ft: 899
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Foundation: Crawl Space
  • Main Level Sq Ft: 899
  • Total Office Den: 0

Exterior Features

  • Exterior Structures: Shed
  • Roof: Metal
  • Views: Mountains

Utilities

  • Electric Supplier: Gunnison County Electric Association
  • Heating System: Wood Stove, Electric Baseboard
  • Sewer Supplier: Town of Mt. Crested Butte
  • Water Heater: Electric Water Heater
  • Water Supplier: Town of Crested Butte

Schools

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

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

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
Jul 2, 2021
Closed on
Sep 21, 2021
Sold by
Gallowich John W
Bought by
Wiedrick Mick
Seller's Agent
Mary Ann Fore
HomeSmart
Buyer's Agent
Shelley Albers
RE/MAX Community Brokers - CB
List Price
$1,050,000
Sold Price
$875,000
Premium/Discount to List
-$175,000
-16.67%
Current Estimated Value
$1,163,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,044
Avg. Annual Appreciation
7.21%
Original Mortgage
$700,000
Outstanding Balance
$636,948
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$526,096
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
Wiedrick Mick $875,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wiedrick Mick $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2021 09/21/21 Sold $875,000 -10.3% $973 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
08/01/2021 08/01/21 Price Changed $975,000 -7.1% $1,085 / Sq Ft
07/02/2021 07/02/21 For Sale $1,050,000 -- $1,168 / Sq Ft
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 $5,930 $87,810 $15,400 $72,410
2023 $5,930 $65,520 $14,580 $50,940
2022 $3,682 $46,970 $9,150 $37,820
2021 $3,334 $48,320 $9,410 $38,910
2020 $2,226 $32,570 $9,410 $23,160
2019 $2,181 $32,570 $9,410 $23,160
2018 $1,576 $22,730 $6,540 $16,190
2017 $0 $22,730 $6,540 $16,190
2016 $1,488 $22,420 $6,510 $15,910
Source: Public Records

Agents Affiliated with this Home

  • Mary Ann Fore

    Seller's Agent in 2021

    Mary Ann Fore

    HomeSmart

    (303) 809-1700

    3 in this area

    21 Total Sales

    Mary Ann Fore
    Section Image
  • Shelley Albers

    Buyer's Agent in 2021

    Shelley Albers

    RE/MAX Community Brokers - CB

    (303) 884-0272

    5 in this area

    27 Total Sales

    Shelley Albers
    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 784112

Colorado Real Estate Network (CREN)

APN: R003364

Colorado Gunnison County Crested Butte 81224

514 3rd St, Crested Butte, CO

This home is located at 514 3rd St, Crested Butte, CO 81224 since 02 July 2021 and is currently estimated at $1,163,044, approximately $1,293 per square foot. This property was built in 1890. 514 3rd St is a home located in Gunnison County with nearby schools including Gunnison Elementary School, Crested Butte Community School, and Gunnison Middle School.

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.

Colorado Real Estate Network (CREN) 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.

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