NOT LISTED FOR SALE

586 W Pacific Ave Unit A Telluride, CO 81435

Estimated Value: $3,358,000 - $5,887,000

3 Beds
3.5 Baths
2,415 Sq Ft
$1,981/Sq Ft Est. Value

Last Sold October 23, 2019

Last sale price $2,450,000 $1,014 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $26,534/month

Highlights

  • Contemporary Architecture
  • Radiant Floor
  • Furnished
  • Telluride Intermediate School Rated A-
  • Loft
  • Wood Siding

About This Home

As of October 2019

586 W. Pacific is historically significant originating from the mining years of the early 1900's. Located within the coveted Telluride National Historic District, this charming 2415 square foot condominium lives like a home, is ideally situated between Telluride's two mountain access lifts and the Gondola, and is just a short walk to everywhere in Town.Complete in every detail, the immaculate 2415 square foot residence has been fully re-designed and meticulously re-constructed by Ruth and Frank Hensen, to honor it's history while meeting the wants and needs of today's quality conscious Telluride home buyer. Experience something exceptional, something created with a true sense of passion and artistry, a Telluride home which will provide memories for generations.

Last Agent to Sell the Property

Bjorn Fallenius

Coldwell Banker Distinctive Properties-Telluride License #EA229971 Listed on: 09/06/2019

Last Buyer's Agent

Garrett Simon

Telluride Properties Main St. License #FA40040207

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,574

Year Built

  • Built in 2017

Lot Details

  • 2,919

HOA Fees

  • $327 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,415 Sq Ft Home
  • Furnished
  • Loft
  • Radiant Floor
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Open Parking Space
  • Off-Street Parking

Community Details

  • 3 Units

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,574

Year Built

Built in 2017

Lot Details

0

HOA Fees

$327 per month

Listing Details

  • Directions: 586 West Pacific Ave. Unit A fronts West Pacific.
  • Listing Member Name: Bjorn Erik Fallenius
  • Listing Office Short Id: cbdptell
  • Major Area: 10
  • Open House Office I D: 20180612154936580941000000
  • Prop. Type: Condo
  • Selling Member Short Id: 416
  • Selling Office Short Id: 3737
  • Home Age: 1 - 3 Years
  • Deed Restrict: None
  • Property Sub Type: Town Homes
  • Year Built: 2017
  • Building Style: Contemporary
  • Special Features: None

Interior Features

  • EstFinishedSqFt: 2415.00
  • Lower Floor 1 Half Bathrooms: 1
  • Source Sq Ft: Assessor
  • Disability Access: City, Paved
  • Lower Floor 1 Bedrooms: 3
  • Furnished: Full
  • Studio: No

Exterior Features

  • Exterior Construction: Frame
  • Disclosures: Covenants, RETT
  • Exterior Finish: Wood (Painted)
  • Roof: Metal
  • Substructure: Finished Basement

Garage/Parking

  • OpenAreaParking: 1 Car
  • Parking: Off Street Uncovered

Utilities

  • Electric: Power Company
  • Gas Company: Natural
  • Hot Water: Public
  • Heating: Radiant in Floor

Condo/Co-op/Association

  • Total Number of Units: 586 West Pacific Condominiums
  • HOA Fees: 327.00
  • HOAMangmentCompanyInfo: Self managed HOA.

Fee Information

  • PaymentPer: Month
  • Taxes: 2574.00

Lot Info

  • Zoning: Accommodations 1
  • Lofts: One

Tax Info

  • Tax Year: 2018

Multi Family

  • Total Numberof Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2021
Sold by
Ryan D Dietz Trust Agreement
Bought by
Rkd Colorado Properties Llc
Current Estimated Value
$4,784,215

Purchase Details

Listed on
Sep 6, 2019
Closed on
Oct 23, 2019
Sold by
Brown Dog Properties Llc
Bought by
Ryan D Dietz Trust
Seller's Agent
Bjorn Fallenius
Coldwell Banker Distinctive Properties-Telluride
Buyer's Agent
Garrett Simon
Telluride Properties Main St.
Sold Price
$2,450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.78%
Original Mortgage
$1,960,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2014
Sold by
586 West Pacific Llc
Bought by
Brown Dog Properties Llc
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
Rkd Colorado Properties Llc -- None Available
Ryan D Dietz Trust $2,450,000 Land Title Guarantee Co
Brown Dog Properties Llc $495,000 Land Title Guarantee
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ryan D Dietz Trust $1,960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2019 10/23/19 Sold $2,450,000 -- $1,014 / Sq Ft
09/06/2019 09/06/19 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 $13,387 $261,950 $0 $261,950
2023 $12,542 $264,490 $0 $264,490
2022 $7,481 $163,270 $0 $163,270
2021 $7,633 $172,560 $0 $172,560
2020 $3,996 $90,480 $0 $90,480
2019 $3,956 $90,480 $0 $90,480
2018 $3,074 $71,590 $0 $0
2017 $2,574 $71,590 $0 $71,590
2016 $2,190 $59,790 $0 $59,790
2015 $1,480 $41,320 $0 $41,320
2014 $1,245 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Bjorn Fallenius

    Coldwell Banker Distinctive Properties-Telluride

  • Garrett Simon

    Buyer's Agent in 2019

    Garrett Simon

    Telluride Properties Main St.

    (970) 708-1155

    56 in this area

    80 Total Sales

    Garrett Simon
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Map

Source: Telluride Association of REALTORS®

MLS Number: 36566

Telluride Association of REALTORS®

APN: 101-0110006

Colorado San Miguel County Telluride 81435

586 W Pacific Ave Unit A, Telluride, CO

This home is located at 586 W Pacific Ave Unit A, Telluride, CO 81435 since 06 September 2019 and is currently estimated at $4,784,215, approximately $1,981 per square foot. This property was built in 2017. 586 W Pacific Ave Unit A 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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