66 Salt Trail Montrose, CO 81403
4
Beds
5.5
Baths
7,464
Sq Ft
2.1
Acres
Highlights
- On Golf Course
- Clubhouse
- Radiant Floor
- Ridgway Elementary School Rated A-
- Ranch Style House
- 4 Fireplaces
About This Home
As of December 2021A diamond in the rough, this spacious unfinished gem presents a rare opportunity to finish a home to your exact specifications for pennies on the dollar. Situated on over 2 acres on the 18th green fairway of the formerly renowned Cornerstone Golf Club, this 7,000+ square foot beauty has an open floor plan and is fully framed, well maintained, and ready for you to add the custom finishes of your dreams. Whether you're looking for a unique chance to custom finish a home for use as a primary residence or considering this as an investment property, this stunner presents significant upside potential. The home's interior features include a theater room, library/office, sizeable chef's kitchen, bedrooms with en suite baths, multiple fireplaces, and too many other features to name.
Last Agent to Sell the Property
Telluride Properties Main St. License #FA40040207 Listed on: 09/19/2018
Co-Listed By
Jim Nerlin
Telluride Real Estate Corp License #EA115711
Last Buyer's Agent
Garrett Simon
Telluride Real Estate Corp License #FA40040207
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,808
Year Built
- Built in 2018
Lot Details
- 2.1 Acre Lot
- On Golf Course
Parking
- 3 Car Garage
Home Design
- Ranch Style House
- Metal Roof
- Wood Siding
Interior Spaces
- 7,464 Sq Ft Home
- 4 Fireplaces
- Radiant Floor
Bedrooms and Bathrooms
- 4 Bedrooms
Community Details
- Cornerstone Subdivision
- Clubhouse
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
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
Similar Homes in Montrose, CO
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
Average Home Value in this Area
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
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
-
Jason Raible
Seller's Agent in 2021
Jason Raible
LIV Sotheby's International Realty - Transfer Telluride
(970) 729-0720
35 Total Sales
-
S
Buyer's Agent in 2021
Stewart Seeligson
PEAKS REAL ESTATE, SOTHEBY'S INT'L.
-
Garrett Simon
Seller's Agent in 2018
Garrett Simon
Telluride Properties Main St.
(970) 708-1155
89 Total Sales
-
J
Seller Co-Listing Agent in 2018
Jim Nerlin
Telluride Real Estate Corp
Map
Source: Telluride Association of REALTORS®
MLS Number: 35965
APN: R005843
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