NOT LISTED FOR SALE

615 W Colorado Ave Unit A Telluride, CO 81435

Estimated Value: $1,653,000 - $3,044,000

2 Beds
2 Baths
1,538 Sq Ft
$570/mo HOA Fee

Last Sold November 12, 2019

Last sale price $1,167,000 $759 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $14,109/month

Highlights

  • Loft
  • Telluride Intermediate School Rated A-
  • Furnished

About This Home

As of November 2019

This 2-bedroom, 2-bathroom condo is conveniently located just two blocks from Lift 7, right on Telluride's main street and the Galloping Goose bus route. The condo features an open great room with vaulted ceilings, gourmet kitchen, great views of the ski area through the French doors leading to the deck, and cozy dining area. There is a guest bedroom on the main level and full bath with steam shower and a washer and dryer. On the upper level is the master suite. The master has cathedral ceilings, a huge deck with incredible views of the St Sophia Range, and a spacious bathroom with a jetted tub and a separate steam shower. The condo also includes a loft area on this level. A deeded, private garage rounds out the property's amenities and it has a solid rental history.

Last Agent to Sell the Property

JAMES F. LUCARELLI

Real Estate Affiliates of Telluride Listed on: 09/19/2019

Last Buyer's Agent

Jake McTigue

LIV Sotheby's International Realty- MainSt License #IA100027437

LIV Sotheby's International Realty- MainSt

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,354

Year Built

  • Built in 1998

Lot Details

  • 3,398

HOA Fees

  • $570 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,538 Sq Ft Home
  • Furnished
  • Loft

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Community Details

  • 3 Units

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,354

Year Built

Built in 1998

Lot Details

0

HOA Fees

$570 per month

Listing Details

  • Directions: On Main Street, half a block east of Cornet Street.
  • Listing Member Name: JAMES F. LUCARELLI
  • Listing Office Short Id: REAT
  • Major Area: 10
  • Open House Office I D: 20081028201308924206000000
  • Prop. Type: Condo
  • Selling Member Short Id: jm
  • Selling Office Short Id: livmain
  • Home Age: 13 - 20 Yrs
  • Deed Restrict: None
  • Property Sub Type: Multi-Unit Buildings
  • Year Built: 1998
  • Special Features: None

Interior Features

  • EstFinishedSqFt: 1538.00
  • Source Sq Ft: Assessor
  • Lower Floor 1 Bedrooms: 2
  • Furnished: Full
  • Studio: No

Exterior Features

  • Disclosures: Covenants, RETT
  • View: Red Rock Cliff Band
  • Deck Sq Ft: 398.00

Garage/Parking

  • Parking: 1 Car Garage
  • Additional Structure Garage Sq Ft: 189.00

Condo/Co-op/Association

  • Total Number of Units: El Diente
  • HOA Fees: 6840.00

Fee Information

  • PaymentPer: Year
  • Taxes: 2354.00

Lot Info

  • Zoning: Accommodations 2
  • Lofts: One

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Numberof Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2019
Closed on
Nov 8, 2019
Sold by
Wachtel Rebecca Lynn
Bought by
Johnson Ray
Seller's Agent
JAMES F. LUCARELLI
Real Estate Affiliates of Telluride
Buyer's Agent
Jake McTigue
LIV Sotheby's International Realty- MainSt
Sold Price
$1,167,000
Total Days on Market
0
Current Estimated Value
$2,314,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,147,320
Avg. Annual Appreciation
13.03%
Original Mortgage
$375,250
Outstanding Balance
$336,022
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$1,969,398

Purchase Details

Closed on
May 1, 2001
Sold by
Burgess Living Tr
Bought by
Wachtel Trusts

Purchase Details

Closed on
Aug 31, 1998
Sold by
El Diente Llc A Co Ltd
Bought by
Burgess Living Trust
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
Johnson Ray $1,167,000 Land Title Guarantee
Wachtel Trusts $569,000 --
Burgess Living Trust $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Ray $375,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2019 11/12/19 Sold $1,167,000 -- $759 / Sq Ft
09/19/2019 09/19/19 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 $6,579 $130,600 $0 $130,600
2023 $6,164 $131,870 $0 $131,870
2022 $3,484 $76,040 $0 $76,040
2021 $3,555 $80,370 $0 $80,370
2020 $2,958 $66,970 $0 $66,970
2019 $2,928 $66,970 $0 $66,970
2018 $2,812 $65,480 $0 $0
2017 $2,354 $65,480 $0 $65,480
2016 $2,401 $67,040 $0 $67,040
2015 $2,401 $67,040 $0 $67,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Telluride Association of REALTORS®

MLS Number: 35914

Telluride Association of REALTORS®

APN: 101-0098001