NOT LISTED FOR SALE

66 Salt Trail Montrose, CO 81403

Estimated Value: $3,918,288 - $4,594,000

5 Beds
9 Baths
7,464 Sq Ft
$567/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $3,450,000 $462 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $25,403/month

87 Days on Market

Highlights

  • On Golf Course
  • Spa
  • Mountain View
  • Ridgway Elementary School Rated A-
  • Gated Community
  • Clubhouse

About This Home

As of December 2021

Move-in ready elegance in a prominent position on the 18th fairway of Cornerstone's Greg Norman designed championship golf course. Inside you'll be impressed with a clean and entertainment ready layout covering almost 7500 finished square feet including ''His'' and ''Hers'' Master Bathrooms, 4 large guest bedroom suites, a gleaming kitchen, and an intimate wet bar with a wood burning fireplace. The great room spills out onto gracious outdoor living areas that roll out toward the golf course with multiple covered seating areas and wood burning fireplaces. The Cornerstone lifestyle is more than golf - over 20 miles of hiking, biking, and riding trails are just out the door. Cornerstone is 18 miles south and west of the regional hub of Montrose (MTJ) and only 40 miles from Town of Telluride. At $3,950,000 66 Salt Trail is one of the largest and newest homes for sale in the area, offered tastefully furnished and appointed for immediate enjoyment. "EASILY THE BEST HIGH ALTITUDE COURSE IN THE NATION, AND QUITE POSSIBLY THE WORLD." - GOLF MAGAZINE Cornerstone is a private gated community - please inquire to arrange your private showing of this fine property.

Last Agent to Sell the Property

Jason Raible

LIV Sotheby's International Realty - Telluride Listed on: 07/12/2021

LIV Sotheby's International Realty - Telluride

Last Buyer's Agent

Stewart Seeligson

The Agency Telluride

The Agency Telluride

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,243

Year Built

  • Built in 2018

Lot Details

  • 2.1 Acre Lot
  • On Golf Course
  • Landscaped
  • Sprinkler System

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Slab Foundation
  • Metal Roof
  • Stone Siding
  • Log Siding
  • Stick Built Home

Interior Spaces

  • 7,464 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Sound System
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Game Room
  • Home Gym
  • Mountain Views
  • Home Security System
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Bedroom
  • Hydromassage or Jetted Bathtub

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Covered Patio or Porch
  • Outdoor Gas Grill

Utilities

  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 425922113009

Community Details

Recreation

  • Golf Course Community

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,243

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Estimated Total Acres: 2.1
  • Class: RESIDENTIAL
  • Common Facilities: Club House, Golf, Gated Community
  • Em Deposit: 200,000
  • Em Holder: Title Company
  • Exterior Inclusions: Landscaping, Patio, Gas Grill, Hot Tub, Lawn Sprinklers, Covered Porch
  • Interior Inclusions: Window Coverings, All Furnishings, Sound System, Wet Bar, Jetted Tub, Pantry, Security System, Garage Door Opener, Fitness Room, Game Room
  • Legal Lot Block: Cornerstone Phase 1, Lot: 5, Block 13-B, Homestead 5
  • List Price per Sq Ft: 529.21
  • Lot Size Acreage: 2-4.99
  • Parcel Id Number: 425922113009
  • Price Per Sq Ft: 462.22
  • Property Description: Borders Golf Course
  • Real Estate Included: Yes
  • Realist Id: 4259-221-13-009
  • Residence Stories: Two Story
  • Residence Style: Contemporary
  • Sale/Rent: For Sale
  • Siding: Log, Stone
  • Sold Price Sq Ft: 462.22
  • Street Descriptionaccess: Private, Paved
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: 12,243
  • Year Built: 2018
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Bedrooms: 5
  • Estimated Total Sq Ft: 7464
  • Full Bathrooms: 2
  • Half Bathrooms: 3
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 4
  • Total Bathrooms: 9
  • Fireplace Location Type: Gas Logs, Glass Doors, Bedroom, Living Room
  • Foundation: Slab, Basement-below grade, Concrete
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Roof: Metal
  • Views: Mountains

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 3

Utilities

  • Utilities: Electric, Natural Gas, Internet
  • Electric Supplier: San Miguel Power Association
  • Gas Supplier: Black Hills Energy
  • Sewer Supplier: Cornerstone Metropolitan District
  • Water Supplier: Cornerstone Metropolitan District

Schools

  • Elementary School: Open Enrollment
  • Middle School: Open Enrollment
  • High School: Open Enrollment
  • High School: Open Enrollment

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2020

MLS Schools

  • Elementary School: Open Enrollment
  • Middle School: Open Enrollment

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2021
Closed on
Dec 7, 2021
Sold by
Ljd Realty Colorado Llc
Bought by
Carey Colorado Property Llc
Seller's Agent
Jason Raible
LIV Sotheby's International Realty - Telluride
Buyer's Agent
Stewart Seeligson
The Agency Telluride
List Price
$3,950,000
Sold Price
$3,450,000
Premium/Discount to List
-$500,000
-12.66%
Current Estimated Value
$4,234,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$784,429
Avg. Annual Appreciation
3.81%
Original Mortgage
$2,760,000
Outstanding Balance
$2,542,957
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$1,421,648

Purchase Details

Listed on
Sep 19, 2018
Closed on
Nov 14, 2018
Sold by
Starwood Construction Llc
Bought by
Ljd Reality Coloraod Llc
Seller's Agent
Garrett Simon
Telluride Properties Main St.
Buyer's Agent
Garrett Simon
Telluride Properties Main St.
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.11%

Purchase Details

Closed on
Mar 9, 2007
Sold by
Cornerstone Montrose Llc
Bought by
Starwood Construction I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.32%
Mortgage Type
Seller Take Back
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
Carey Colorado Property Llc $3,450,000 Land Title Guarantee Co
Ljd Reality Coloraod Llc $1,100,000 Land Title Guarantee Co
Starwood Construction I Llc $320,000 Security Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carey Colorado Property Llc $2,760,000
Previous Owner Starwood Construction I Llc $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $3,450,000 0.0% $462 / Sq Ft
12/09/2021 12/09/21 Sold $3,450,000 -12.7% $462 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
10/07/2021 10/07/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $3,950,000 +259.1% $529 / Sq Ft
11/14/2018 11/14/18 Sold $1,100,000 -- $147 / Sq Ft
09/19/2018 09/19/18 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 $28,512 $207,370 $19,560 $187,810
2023 $34,346 $212,080 $20,000 $192,080
2022 $12,998 $80,260 $3,130 $77,130
2021 $12,866 $80,140 $3,220 $76,920
2020 $7,988 $78,580 $3,070 $75,510
2019 $7,988 $51,500 $3,070 $48,430
2018 $8,822 $56,110 $2,740 $53,370
2017 $8,809 $56,110 $2,740 $53,370
2016 $13,442 $85,720 $2,330 $83,390
2015 -- $85,720 $2,330 $83,390
2012 -- $105,770 $22,290 $83,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 784502

Colorado Real Estate Network (CREN)

APN: R005843