NOT LISTED FOR SALE

970 Primrose Ln Telluride, CO 81435

Estimated Value: $3,918,000 - $4,308,000

4 Beds
3.5 Baths
3,079 Sq Ft
$1,323/Sq Ft Est. Value

Last Sold January 28, 2021

Last sale price $2,290,000 $744 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $22,260/month

Highlights

  • Radiant Floor
  • 1 Fireplace
  • Patio
  • Telluride Intermediate School Rated A-
  • Game Room
  • Wood Siding

About This Home

As of January 2021

This four bedroom family home owned by a local family for the past 20 years is tucked away in the east end of the historic town of Telluride. Located in the heart of a vibrant community of full time and seasonal residents who definitely appreciate the convenience of being on the edge of town, close to the river, the ice rink, the pool, the ball fields and the festivals. Sitting on an oversized lot, the home offers over 3,000 square feet of living space including two separate family rooms, a large master bedroom, a deck overlooking sunsets plus a one-car garage. There's plenty of room for a growing family. Available for an excellent price!

Last Agent to Sell the Property

Mike Shimkonis

Telluride Properties License #FA40017979 Listed on: 12/17/2020

Co-Listed By

Asa Van Gelder

Telluride Properties License #FA100001907

Last Buyer's Agent

Aric Maloy

Telluride360 Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,236

Year Built

  • Built in 1992

Lot Details

  • 3,707

Parking

  • 1 Car Parking Space

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3,079 Sq Ft Home
  • 1 Fireplace
  • Game Room
  • Radiant Floor
  • Finished Basement

Kitchen

  • Gas Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • 3,707 Sq Ft Lot

Community Details

  • Primrose Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,236

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Directions: East on Main Street just past Town Park. Left on Columbine. Veer right in front of playground. Second home on the right.
  • Listing Member Name: Mike Shimkonis
  • Listing Office Short Id: TPROPOAKST
  • Major Area: 10
  • Estimated Number of Acres: 0.09
  • Open House Office I D: 20081028201314033475000000
  • Prop. Type: Residential
  • Selling Member Short Id: 578
  • Selling Office Short Id: TPROPOAKST
  • Home Age: 21 - 40 Years
  • Deed Restrict: None
  • FILLSUBDIVISION: Primrose
  • Property Sub Type: Within Township/City Limits
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Gas Oven/Range, Refrigerator, Washer
  • EstFinishedSqFt: 3079.00
  • Lower Floor 1 Half Bathrooms: 1
  • Source Sq Ft: Assessor
  • Disability Access: City
  • Lower Floor 1 Bedrooms: 4
  • Fireplace: 1
  • Furnished: None

Exterior Features

  • Exterior Construction: Frame
  • Disclosures: None
  • Exterior Finish: Wood (Painted)
  • Lot Number: 6R
  • Roof: Metal
  • View: Bear Creek
  • Water Extras: Game Room, Patio/Deck
  • Substructure: Finished Basement

Garage/Parking

  • Covered Parking: 1 Car
  • OpenAreaParking: 1 Car
  • Parking: 1 Car

Utilities

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

Fee Information

  • Taxes: 6236.36

Lot Info

  • Land Sq Ft: 3707.00
  • Zoning: Residential
  • Lofts: None

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2020
Closed on
Jan 28, 2021
Sold by
Major Lois and Major Paul C
Bought by
Maloy Aric
Seller's Agent
Mike Shimkonis
Telluride Properties
Buyer's Agent
Aric Maloy
Telluride360 Real Estate
Sold Price
$2,290,000
Current Estimated Value
$4,074,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,784,082
Avg. Annual Appreciation
12.89%
Original Mortgage
$1,665,000
Outstanding Balance
$1,488,387
Interest Rate
2.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,585,695

Purchase Details

Closed on
Jun 17, 2013
Sold by
Town Of Telluride
Bought by
Major Lois and Major Paul C

Purchase Details

Closed on
Jul 17, 2001
Sold by
Tilton K Steven
Bought by
Major Lois and Major Paul C
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
Maloy Aric $2,290,000 Land Title Guarantee
Major Lois -- None Available
Major Lois $983,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maloy Aric $1,665,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2021 01/28/21 Sold $2,290,000 0.0% $744 / Sq Ft
01/28/2021 01/28/21 Sold $2,290,000 -3.7% $744 / Sq Ft View Prior Sale
12/17/2020 12/17/20 Pending -- -- --
12/17/2020 12/17/20 Pending -- -- --
11/12/2020 11/12/20 For Sale $2,377,000 -- $772 / Sq Ft
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 $10,716 $210,410 $74,510 $135,900
2023 $10,040 $212,440 $75,230 $137,210
2022 $7,428 $212,440 $75,230 $137,210
2021 $7,579 $171,330 $91,910 $79,420
2020 $6,300 $142,630 $85,610 $57,020
2019 $6,236 $142,630 $85,610 $57,020
2018 $5,556 $129,390 $0 $0
2017 $4,652 $129,390 $76,070 $53,320
2016 $5,170 $141,170 $74,290 $66,880
2015 $5,057 $141,170 $74,290 $66,880
2014 $4,306 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Telluride Association of REALTORS®

MLS Number: 38923

Telluride Association of REALTORS®

APN: 101-0003230