NOT LISTED FOR SALE

747 W Pacific Ave Unit 402 Telluride, CO 81435

Estimated Value: $928,000 - $1,466,000

2 Beds
1 Bath
946 Sq Ft
$336/mo HOA Fee

Last Sold August 17, 2020

Last sale price $662,000 $700 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $6,970/month

Highlights

  • Spa
  • Ski Lockers
  • Patio
  • Telluride Intermediate School Rated A-
  • Radiant Floor
  • Hot Water Heating System

About This Home

As of August 2020

2 Bed 1 split bath lower unit with LCE Deck and courtyard. New paint, counter, backsplash, carpet. Telluride Lodge is a rare gem in town, set on 5 acres it has more yard than any other complex in town - Great for kids, dogs. Can be sold furnished or unfurnished. In-floor radiant heat - natural gas to keep the utility bills down. Two large Hot-tubs, steam room, and multiple BBQ areas. 250 yards to the base of chair 7 from the door, great access to skiing. Split bath - Shower and toilet are separate. 946 S.F., and with rights to expand a further 560 S.F. at garden level - no purchase necessary from HOA, just permits/remodel expense. You could turn into a 3 or 4 bed with 2.5 bath. Profitable short term rental in its current condition with unbeatable remodel potential now or in the future.

Last Agent to Sell the Property

Mark Simpson

Telluride Realty License #FA100053679 Listed on: 07/01/2020

Last Buyer's Agent

JILL MASTERS

PEAKS REAL ESTATE, SOTHEBY'S INT'L.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,556

Year Built

  • Built in 1974

Lot Details

  • 5

HOA Fees

  • $336 Monthly HOA Fees

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 946 Sq Ft Home
  • Partially Furnished
  • Window Treatments
  • Radiant Floor
  • Unfinished Basement
  • Crawl Space

Kitchen

  • Gas Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • Off-Street Parking

Outdoor Features

  • Spa
  • Patio

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas

Community Details

Overview

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

Recreation

  • Community Spa
  • Ski Lockers

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,556

Year Built

Built in 1974

Lot Details

0

HOA Fees

$336 per month

Listing Details

  • Directions: Northern most unit on the West side of the middle spine.
  • Listing Member Name: Mark Simpson
  • Listing Office Short Id: T REALTY
  • Major Area: 10
  • Open House Office I D: 20081028201315128049000000
  • Prop. Type: Condo
  • Selling Member Short Id: 481
  • Selling Office Short Id: LIVSIR
  • Home Age: 40+ Years
  • Deed Restrict: None
  • Property Sub Type: Multi-Unit Buildings
  • Year Built: 1974
  • Year Renovated: 2014.00
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Gas Oven/Range, Refrigerator, Washer
  • EstFinishedSqFt: 946.00
  • Source Sq Ft: Assessor
  • Disability Access: City
  • Lower Floor 1 Bedrooms: 2
  • Furnished: Partial
  • Studio: No

Exterior Features

  • Exterior Construction: Frame
  • Disclosures: Covenants, Leased, RETT, Seller is Agent
  • Exterior Finish: Wood (Painted)
  • Roof: Metal
  • Deck Sq Ft: 112.00
  • Water Extras: Hot Tub, Patio/Deck, Ski Room, Spa, Window Coverings
  • Substructure: Crawl Space, Unfinished

Garage/Parking

  • OpenAreaParking: 1 Car
  • Parking: Off Street Uncovered

Utilities

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

Condo/Co-op/Association

  • Total Number of Units: Telluride Lodge
  • HOA Fees: 336.00
  • HOAMangmentCompanyInfo: Broker
  • HOA Amenities: Dogs Permitted, Hot Tub, Ski Storage/Loc
  • HOA Fees Includes: Contingency Fund, Grounds Maintenance, Insurance, Management, Sewer, Snow Removal, Trash, Water

Fee Information

  • PaymentPer: Month
  • Taxes: 1556.00

Lot Info

  • Zoning: Accommodations 2
  • Lofts: None

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Numberof Units: 102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Aug 17, 2020
Sold by
Simpson Mark and Bevan Hallie
Bought by
Mallette Brooke E and Rothermel David E
Seller's Agent
Mark Simpson
Telluride Realty
Buyer's Agent
JILL MASTERS
PEAKS REAL ESTATE, SOTHEBY'S INT'L.
Sold Price
$662,000
Current Estimated Value
$1,165,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$503,713
Avg. Annual Appreciation
10.39%
Original Mortgage
$496,500
Outstanding Balance
$407,451
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$678,766

Purchase Details

Listed on
Mar 6, 2012
Closed on
Apr 27, 2012
Sold by
Fannie Mae
Bought by
Simpson Mark and Bevan Hallie
Seller's Agent
Scott Elkins
Telluride Realty
Buyer's Agent
Scott Elkins
INACTIVE
Sold Price
$293,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.29%
Original Mortgage
$228,008
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2012
Closed on
Mar 16, 2012
Sold by
Bank Of America Na
Bought by
Federal National Mortgage Association
Seller's Agent
Scott Elkins
Telluride Realty
Buyer's Agent
Scott Elkins
INACTIVE
Sold Price
$293,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,008
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2011
Sold by
Livermore John R and Livermore Suzanne J
Bought by
Bank Of America Na
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mallette Brooke E $662,000 Land Title Guarantee Co
Simpson Mark $285,010 Assured Title
Federal National Mortgage Association -- None Available
Bank Of America Na -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mallette Brooke E $496,500
Previous Owner Simpson Mark $100,000
Previous Owner Simpson Mark $228,008
Previous Owner Livermore John R $417,000
Previous Owner Livermore John R $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2020 08/17/20 Sold $662,000 +125.5% $700 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
04/30/2012 04/30/12 Sold $293,560 -- $310 / Sq Ft
03/06/2012 03/06/12 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 $3,378 $68,840 $0 $68,840
2023 $3,164 $69,510 $0 $69,510
2022 $1,751 $38,210 $0 $38,210
2021 $1,787 $40,390 $0 $40,390
2020 $1,572 $35,590 $0 $35,590
2019 $1,556 $35,590 $0 $35,590
2018 $1,466 $34,130 $0 $0
2017 $1,227 $34,130 $0 $34,130
2016 $1,111 $30,340 $0 $30,340
2015 $1,087 $30,340 $0 $30,340
2014 $914 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Simpson

    Seller's Agent in 2020

    Mark Simpson

    Telluride Realty

    (970) 708-7408

    3 in this area

    21 Total Sales

    Section Image

  • J

    Buyer's Agent in 2020

    JILL MASTERS

    PEAKS REAL ESTATE, SOTHEBY'S INT'L.

  • S

    Seller's Agent in 2012

    Scott Elkins

    Telluride Realty

See All Agents

Map

Source: Telluride Association of REALTORS®

MLS Number: 38056

Telluride Association of REALTORS®

APN: 101-0095814

Colorado San Miguel County Telluride 81435

747 W Pacific Ave Unit 402, Telluride, CO

This home is located at 747 W Pacific Ave Unit 402, Telluride, CO 81435 since 01 July 2020 and is currently estimated at $1,165,713, approximately $1,232 per square foot. This property was built in 1974. 747 W Pacific Ave Unit 402 is a home located in San Miguel County with nearby schools including Telluride Intermediate School, Telluride Middle School, and Telluride High School.

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