NOT LISTED FOR SALE

91 Pennington Place Unit 729R-5 Mountain Village, CO 81435

Estimated Value: $5,590,000 - $6,810,000

0.77 Acre
$7,806,494 Price per Acre
33,541 Sq Ft Lot

Last Sold September 09, 2020

Last sale price $590,000

Est. 919% increase in value since last sale

Current estimated payment $34,259/month

Highlights

  • On Golf Course
  • Telluride Intermediate School Rated A-
  • 0.77 Acre Lot

About This Lot

As of September 2020

This lot has absolutely gorgeous views in all directions. Gently sloping lot on a quiet cul-de-sac. It overlooks the golf course green and has a very panoramic, open and majestic feel.With nearly a full radius of views, and with full sun and views of entire length of the San Sophia Ridge, this will be a place to build a home to cherish beyond one's dreams!

Last Agent to Sell the Property

Jean Vatter

Village Real Estate License #ER40030594 Listed on: 08/07/2020

Last Buyer's Agent

JIM JENNINGS

NEVASCA REALTY

Property Details

Property Type

  • Land

Lot Details

  • 0.77 Acre Lot
  • On Golf Course

HOA Fees

  • $55 Monthly HOA Fees

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$55 per month

Listing Details

  • Directions: From Mountain Village heading East, take left on Pennington Place Drive. Lot on left overlooking green, there is a sign lying down on lot identifying it.
  • Listing Member Name: Jean Marie Vatter
  • Listing Office Short Id: VRE
  • Major Area: 20
  • Estimated Number of Acres: 0.77
  • Open House Office I D: 20081028201311711911000000
  • Prop. Type: Lots and Land
  • Selling Member Short Id: 46
  • Selling Office Short Id: cbdptell
  • Access Roads: City
  • Deed Restrict: None
  • FILLSUBDIVISION: None
  • Property Sub Type: In Town Residential
  • Special Features: None

Interior Features

  • Disability Access: City, Paved
  • Vegetation Density: 1

Exterior Features

  • Disclosures: Covenants, RETA
  • Lot Number: 729R-5
  • Fencing: None
  • Lot Improvements: None
  • Trees: None
  • View: San Sophia Range

Utilities

  • Electricity: To Lot Line
  • Sewer: Tap Fee Due
  • Utilities: Electricity, Gas, Telephone Line
  • Hot Water: Tap Fee Due
  • Water Supply: Tap Fee Due

Condo/Co-op/Association

  • HOA Fees: 55.00
  • HOAMangmentCompanyInfo: TMVOA
  • Association Fee Paid Per: Month

Fee Information

  • PaymentPer: Month
  • Taxes: 9134.66

Lot Info

  • Land Sq Ft: 33498.00
  • Irrigation: No
  • List Price Per Acre: 824675.32
  • LotLocations: Golf Course
  • Zoning: Residential

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2020
Closed on
Sep 4, 2020
Sold by
Sheila M Timm Revocable Living Trust
Bought by
Baccich John and Baccich Lisa
Seller's Agent
Jean Vatter
Village Real Estate
Buyer's Agent
JIM JENNINGS
NEVASCA REALTY
Sold Price
$590,000
Current Estimated Value
$6,011,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,421,000
Avg. Annual Appreciation
63.54%

Purchase Details

Closed on
Nov 14, 2007
Sold by
James Daniel W and James Elizabeth R
Bought by
Sheila M Timm Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,000
Interest Rate
6.43%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 22, 2005
Sold by
Pennington Properties No 2 Llc
Bought by
James Daniel W and James Elizabeth R

Purchase Details

Closed on
Mar 30, 2001
Sold by
Gfi Telluride Llc A Ma Llc
Bought by
Pennington Properties No 2 Llc

Purchase Details

Closed on
Jan 17, 2001
Sold by
Penco Of Colorado A Nv Corp
Bought by
Gfi Telluride Llc A Ma Llc

Purchase Details

Closed on
Mar 13, 1997
Sold by
Pennington Wm N Tte
Bought by
Penco Of Colorado A Nv Corp
Source: Public Records

Range of Values:

Collateral Analytics

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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
Baccich John $590,000 Land Title Guarantee Co
Sheila M Timm Revocable Living Trust $810,000 Security Title
James Daniel W $577,000 None Available
Pennington Properties No 2 Llc $535,000 --
Gfi Telluride Llc A Ma Llc $5,225,000 --
Penco Of Colorado A Nv Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sheila M Timm Revocable Living Trust $810,000
Previous Owner James Daniel W $462,269
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2020 09/09/20 Sold $590,000 -- --
08/07/2020 08/07/20 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 $17,418 $288,840 $40,200 $248,640
2023 $9,389 $291,640 $40,590 $251,050
2022 $2,625 $135,430 $40,590 $94,840
2021 $7,765 $145,000 $145,000 $0
2020 $9,195 $174,000 $174,000 $0
2019 $9,135 $174,000 $174,000 $0
2018 $8,842 $172,190 $0 $0
2017 $8,080 $172,190 $172,190 $0
2016 $9,847 $172,190 $172,190 $0
2015 $9,626 $172,190 $172,190 $0
2014 $6,249 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jean Vatter

    Seller's Agent in 2020

    Jean Vatter

    Village Real Estate

    (970) 596-6398

    117 in this area

    119 Total Sales

    Section Image

  • J

    Buyer's Agent in 2020

    JIM JENNINGS

    NEVASCA REALTY

  • James Jennings

    Buyer's Agent in 2020

    James Jennings

    Coldwell Banker Distinctive Properties-Telluride

    (970) 729-0065

    48 in this area

    60 Total Sales

    Section Image
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Map

Source: Telluride Association of REALTORS®

MLS Number: 38364

Telluride Association of REALTORS®

APN: 108-0010973

Colorado San Miguel County Mountain Village 81435

91 Pennington Place Unit 729R-5, Mountain Village, CO

This home is located at 91 Pennington Place Unit 729R-5, Mountain Village, CO 81435 since 07 August 2020 and is currently estimated at $6,011,000. 91 Pennington Place Unit 729R-5 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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