$1,300,000
SOLD MAR 12, 2024

620 Mountain Village Blvd Unit 3B Telluride, CO 81435

1 Bed
1 Bath
869 Sq Ft
$836/mo HOA Fee

Recently Sold

$1,496 Per Sq Ft

13% Below List Price

20 Days on Market

Highlights

  • Ski Accessible
  • 2 Fireplaces
  • Dogs Allowed
  • Telluride Intermediate School Rated A-
  • Baseboard Heating
  • 1-minute walk to Boulder

About This Home

As of March 2024

Rare opportunity to own in the quiet Palmyra building. This newly renovated one bed, one bath, has been updated with new counter tops, appliances, floors, stacked washer/dryer, furniture, vanity, fireplace, and a steam shower. Take the elevator down and stroll to the climbing wall, Village Express (Lift 4), the gondola into town or to the market grocery. Comparatively lower HOA dues when compared to some of the other MV Core Condominiums along with great rental income. Come take a look. This is a great way to experience the Mountain Village Core!

Last Agent to Sell the Property

Andrew Williamson

Telluride Real Estate Corp License #FA100076317 Listed on: 01/26/2024

Co-Listed By

Ben Jackson

Telluride Properties Main St. License #FA40006150

Last Buyer's Agent

Marcin Ostromecki

Telluride Properties Main St. License #FA100054617

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,015

Year Built

  • Built in 1996

HOA Fees

  • $836 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Slate Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 869 Sq Ft Home
  • Partially Furnished
  • 2 Fireplaces

Kitchen

  • Electric Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Accessible Elevator Installed
  • Baseboard Heating

Community Details

Overview

  • Association fees include contingency fund, grounds maintenance, insurance, management, sewer, snow removal, trash, water
  • 20 Units

Recreation

  • Ski Accessible
  • Ski Lockers

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,015

Year Built

Built in 1996

Lot Details

0

HOA Fees

$836 per month

Listing Details

  • Co Selling Member Short Id: 523
  • Directions: From Mountain Village Blvd entrance head 2.5 miles and Palmyra building is on the right where the pedestrian cross walk is. Temporarily parking might be available at Centrum parking lot.
  • Listing Member Name: Andrew Williamson
  • Listing Office Short Id: 3737
  • Major Area: 20
  • Open House Office I D: 20240605205840903266000000
  • Prop. Type: Condo
  • Selling Member Short Id: marcin
  • Selling Office Short Id: 3737
  • Home Age: 21 - 40 Years
  • Deed Restrict: None
  • Property Sub Type: Multi-Unit Buildings
  • Year Built: 1996
  • Year Renovated: 2022.00
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Elec Oven/Range, Freezer, Microwave, Refrigerator, Washer
  • EstFinishedSqFt: 869.00
  • Source Sq Ft: Assessor
  • Disability Access: City
  • Lower Floor 1 Bedrooms: 1
  • Fireplace: 2
  • Furnished: Partial
  • Studio: No

Exterior Features

  • Exterior Construction: Stone
  • Disclosures: Covenants, RETA
  • Exterior Finish: Stone, Stucco
  • Roof: Slate, Tile
  • Water Extras: Accessible Elevator Installed

Garage/Parking

  • Covered Parking: 1 Car, Heated
  • Parking: 1 Car Garage

Utilities

  • Electric: Power Company
  • Hot Water: Public
  • Heating: Baseboard, Electric

Condo/Co-op/Association

  • Total Number of Units: Palmyra
  • HOA Fees: 835.58
  • HOAMangmentCompanyInfo: Full CircleHOA All HOA Documents can be found at www.palmyrahoa.comRental Company is Vacasa
  • HOA Amenities: Dogs Permitted, Ski Storage/Loc
  • HOA Fees Includes: Contingency Fund, Grounds Maintenance, Insurance, Management, Sewer, Snow Removal, Trash, Water

Fee Information

  • PaymentPer: Month
  • Taxes: 2015.00

Lot Info

  • Zoning: Residential/Commercial
  • Lofts: None

Tax Info

  • Tax Year: 2022

Multi Family

  • Total Numberof Units: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2024
Sold by
Cameron Kelly
Bought by
Scarecrow Housing Llc
Total Days on Market
20
Current Estimated Value
$1,112,842

Purchase Details

Listed on
Jan 26, 2024
Closed on
Mar 13, 2024
Sold by
Hoaglund Glen Arthur and Hoaglund Jessica Leigh
Bought by
Cameron Kelly
Seller's Agent
Andrew Williamson
Telluride Real Estate Corp
Buyer's Agent
Marcin Ostromecki
Telluride Properties Main St.
List Price
$1,495,000
Sold Price
$1,300,000
Premium/Discount to List
-$195,000
-13.04%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.96%

Purchase Details

Listed on
Jan 26, 2024
Closed on
Mar 12, 2024
Sold by
Hoaglund Glen Arthur and Hoaglund Jessica Leigh
Bought by
Cameron Kelly
Seller's Agent
Andrew Williamson
Telluride Real Estate Corp
Buyer's Agent
Marcin Ostromecki
Telluride Properties Main St.
List Price
$1,495,000
Sold Price
$1,300,000
Premium/Discount to List
-$195,000
-13.04%
Views
25

Purchase Details

Listed on
Mar 13, 2021
Closed on
May 6, 2021
Sold by
Gallegos John B
Bought by
Hoaglund Glen Arthur and Hoaglund Jessica Leigh
Seller's Agent
Lars Carlson
LIV Sotheby's International Realty- MainSt
Buyer's Agent
George (Andrew) Williamson
Telluride Properties Main St.
Sold Price
$735,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.11%
Original Mortgage
$551,775
Interest Rate
3.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 4, 2007
Sold by
Orten Jamie Lee
Bought by
Gallegos John B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 1995
Sold by
Orten Jerry and Orten Jamie Lee
Bought by
Orten Jamie Lee

Purchase Details

Closed on
Dec 4, 1995
Sold by
Sams-Telco Partnerships
Bought by
Orten Jerry and Orten Jamie Lee
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 Type Sale Price Title Company
Warranty Deed -- Land Title Guarantee Company
Contract Of Sale -- --
Warranty Deed $1,300,000 Land Title Guarantee Company
Warranty Deed $735,700 Land Title Guarantee
Warranty Deed $5,250,000 None Available
Deed -- --
Deed $255,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $551,775 Credit Line Revolving
Previous Owner $362,251 New Conventional
Previous Owner $393,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2024 03/12/24 Sold $1,300,000 -13.0% $1,496 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
01/26/2024 01/26/24 For Sale $1,495,000 +103.2% $1,720 / Sq Ft
05/07/2021 05/07/21 Sold $735,700 -- $847 / Sq Ft
03/13/2021 03/13/21 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 $3,467 $60,440 $0 $60,440
2023 $3,314 $61,030 $0 $61,030
2022 $2,015 $36,680 $0 $36,680
2021 $2,076 $38,770 $0 $38,770
2020 $1,882 $35,620 $0 $35,620
2019 $1,870 $35,620 $0 $35,620
2018 $1,736 $33,810 $0 $0
2017 $1,587 $33,810 $0 $33,810
2016 $1,745 $30,520 $0 $30,520
2015 $1,706 $30,520 $0 $30,520
2014 $1,425 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Telluride Association of REALTORS®

MLS Number: 42228

Telluride Association of REALTORS®

APN: 108-0095105