NOT LISTED FOR SALE

627 W Pacific Ave Unit 404 Telluride, CO 81435

Estimated Value: $928,000 - $1,470,000

1 Bed
1 Bath
825 Sq Ft
$699/mo HOA Fee

Last Sold November 23, 2021

Last sale price $1,100,000 $1,333 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $7,719/month

Highlights

  • Furnished
  • 1 Car Attached Garage
  • Dogs Allowed
  • Telluride Intermediate School Rated A-

About This Home

As of November 2021

Welcome to elevated luxury in Telluride at Cornet Creek. This spacious, top-floor one bedroom/one bathroom condo boasts a well appointed kitchen, a sleeping loft with queen bed, and an open, sunlit living area. With its perfect location, close to the ski lifts and across the street from Siam, and a private deck overlooking Cornet Creek, enjoy all Telluride has to offer throughout the year. Additional amenities include in-unit laundry and garage parking. The unit is sold furnished, and the current owner has a short term business license, making this an excellent vacation rental opportunity.

Last Agent to Sell the Property

Rick Fusting

LIV Sotheby's International Realty - Telluride Listed on: 09/21/2021

LIV Sotheby's International Realty - Telluride

Last Buyer's Agent

Stacy Ticsay

Telluride Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,449

Year Built

  • Built in 1996

Lot Details

  • 7,971

HOA Fees

  • $699 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 825 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Telluride K-6 Elementary School
  • Telluride 7-8 Middle School
  • Telluride 9-12 High School

Utilities

  • Heating System Uses Natural Gas
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 456536330024

Community Details

Overview

  • Cornet Creek HOA

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,449

Year Built

Built in 1996

Lot Details

0

HOA Fees

$699 per month

Listing Details

  • Class: RESIDENTIAL
  • Em Deposit: 50000
  • Em Holder: Closing company
  • Legal Lot Block: UNIT 404 SOUTH CORNET CREEK CONDO PHASE 4B UNITS 403 AND 404 ACC TO THE MAP REC 1 26 1987 IN PL BK 1 PG 692 AND THE MAP REC 10 18 1996 IN PL BK 1 PG 2141 AND ACC TO THE CONDO DEC FOR 4 SOUTH CORNET CREEK CONDO PHASE 2 REC 12 6 1988 IN BK 449 PG 103 AND AM
  • List Price per Sq Ft: 1272.73
  • Parcel Id Number: 456536330024
  • Price Per Sq Ft: 1333.33
  • Property Attached: Yes
  • Real Estate Included: Yes
  • Realist Id: 456536330024
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 1333.33
  • Street Designation: Avenue
  • Tax Account Id: R0010188
  • Type: Condo
  • Hoa Dogs Allowed: Yes
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Provider: Charter Spectrum
  • Internet Service: Yes
  • Total Taxes Dollar: 1,449.18
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bedrooms: 1
  • Estimated Total Sq Ft: 825
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Foundation: Slab
  • Main Level Sq Ft: 825
  • Total Office Den: 0

Exterior Features

  • Roof: Metal

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 1

Utilities

  • Electric Supplier: San Miguel Power Association
  • Gas Supplier: Black Hills Energy
  • Sewer Supplier: Town of Telluride
  • Water Supplier: Town of Telluride

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 699.33
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: CORNET CREEK

Schools

  • Elementary School: Telluride K-6
  • Middle School: Telluride 7-8
  • High School: Telluride 9-12
  • High School: Telluride 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2020

MLS Schools

  • Elementary School: Telluride K-6
  • Middle School: Telluride 7-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2021
Closed on
Nov 23, 2021
Sold by
Hunter David
Bought by
Snow Puppy Llc
Seller's Agent
Rick Fusting
LIV Sotheby's International Realty - Telluride
Buyer's Agent
Stacy Ticsay
Telluride Realty, LLC
List Price
$1,050,000
Sold Price
$1,100,000
Premium/Discount to List
$50,000
4.76%
Current Estimated Value
$1,279,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,620
Avg. Annual Appreciation
3.93%
Original Mortgage
$770,000
Outstanding Balance
$706,158
Interest Rate
3.05%
Mortgage Type
Stand Alone First
Estimated Equity
$573,462

Purchase Details

Closed on
Nov 28, 2012
Sold by
Reiter Trust
Bought by
Hunter David

Purchase Details

Closed on
Apr 10, 1997
Sold by
East-West Development
Bought by
Reiter Michael J and Reiter Catherine
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
Snow Puppy Llc $1,100,000 Land Title Guarantee
Hunter David $350,000 Land Title Guarantee Company
Reiter Michael J $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snow Puppy Llc $770,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/23/2021 11/23/21 Sold $1,100,000 +4.8% $1,333 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
09/21/2021 09/21/21 For Sale $1,050,000 +200.0% $1,273 / Sq Ft
12/23/2013 12/23/13 Sold $350,000 -- $424 / Sq Ft View Prior Sale
12/10/2013 12/10/13 Pending -- -- --
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 $3,704 $75,130 $0 $75,130
2023 $3,470 $75,860 $0 $75,860
2022 $1,934 $42,210 $0 $42,210
2021 $1,974 $44,620 $0 $44,620
2020 $1,449 $32,810 $0 $32,810
2019 $1,435 $32,810 $0 $32,810
2018 $1,099 $25,600 $0 $0
2017 $920 $25,600 $0 $25,600
2016 $1,183 $32,300 $0 $32,300
2015 $1,157 $32,300 $0 $32,300
2014 $1,090 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 787104

Colorado Real Estate Network (CREN)

APN: 101-0097005