$3,450,000
SOLD DEC 9, 2021

66 Salt Trail Montrose, CO 81403

5 Beds
9 Baths
7,464 Sq Ft
2.1 Acres

Recently Sold

$462 Per Sq Ft

Highlights

  • On Golf Course
  • Spa
  • Contemporary Architecture
  • Ridgway Elementary School Rated A-
  • Clubhouse
  • Radiant Floor

About This Home

As of December 2021

One of the newest and largest homes for sale in the region, 66 Salt Trail offers 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 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. Cornerstone is 18 miles south & west of the regional hub of Montrose (MTJ) and only 40 miles from Town of Telluride. Check the Matterport 3D tour in Photos.

Last Agent to Sell the Property

Jason Raible

LIV Sotheby's International Realty - Transfer Telluride License #IA40021807 Listed on: 10/07/2021

LIV Sotheby's International Realty - Transfer Telluride

Last Buyer's Agent

Stewart Seeligson

PEAKS REAL ESTATE, SOTHEBY'S INT'L.

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
  • Gated Home
  • Sprinkler System

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 7,464 Sq Ft Home
  • Wet Bar
  • Furnished
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Window Treatments
  • Game Room
  • Radiant Floor
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Steam Shower

Parking

  • 3 Car Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Patio

Community Details

Overview

  • Association fees include snow removal
  • Cornerstone Subdivision

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,243

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Directions: On 18th fairway of the Cornerstone Club. Cornerstone is gated and private - access for previews and showings must be arranged with listing broker. 18 miles from Montrose / 40 miles from downtown Telluride.
  • Listing Member Name: Jason K. Raible
  • Listing Office Short Id: livsj
  • Major Area: None
  • Estimated Number of Acres: 2.10
  • Open House Office I D: 20200702223021898337000000
  • Prop. Type: Residential
  • Selling Member Short Id: 584
  • Selling Office Short Id: livmain
  • Home Age: 1 - 3 Years
  • Deed Restrict: None
  • Legal Info Block: 13-B
  • FILLSUBDIVISION: Cornerstone
  • Property Sub Type: County PUD
  • Year Built: 2018
  • Building Style: Contemporary
  • Special Features: None

Interior Features

  • EstFinishedSqFt: 7464.00
  • Lower Floor 1 Half Bathrooms: 3
  • Source Sq Ft: Assessor
  • Disability Access: County, Gravel, Paved, Private
  • Lower Floor 1 Bedrooms: 5
  • Fireplace: 4+, Artificial Gas Logs, Wood Burning
  • Furnished: Full

Exterior Features

  • Exterior Construction: Frame
  • Disclosures: Covenants
  • Exterior Finish: Stone, Wood (Natural)
  • Lot Number: 5
  • Roof: Metal
  • Deck Sq Ft: 2017.00
  • Water Extras: Game Room, Garage Door Opener, Gated, Hot Tub, Lawn Sprinkler, Patio/Deck, Steam Shower, Wet Bar, Window Coverings
  • Substructure: Finished Basement, Slab

Garage/Parking

  • Covered Parking: 3 Car
  • OpenAreaParking: 3 Car +
  • Parking: 3 Car Garage
  • Additional Structure Garage Sq Ft: 1220.00

Utilities

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

Condo/Co-op/Association

  • HOA Amenities: Clubhouse
  • HOA Fees Includes: Snow Removal

Fee Information

  • Taxes: 12243.00

Lot Info

  • Zoning: Residential
  • Lofts: None

Tax Info

  • Tax Year: 2020

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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $3,450,000 Land Title Guarantee Co
Warranty Deed $1,100,000 Land Title Guarantee Co
Special Warranty Deed $320,000 Security Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,760,000 New Conventional
Previous Owner $288,000 Seller Take Back
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: 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 $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

  • Section Image
  • Section Image
See All Agents

Map

Source: Telluride Association of REALTORS®

MLS Number: 39553

Telluride Association of REALTORS®

APN: R005843