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437 West Colorado Avenue

437 West Colorado Avenue, Telluride, CO 81435
Property in San Miguel
Sold Aug 14, 2020
$1,595,000
$1,196,250 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2050
Sold Jan 18, 2002
$550,000
437 West Colorado Avenue in Telluride, CO was first built in 1893 and is 131 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 437 West Colorado Avenue has 912 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 912 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 2,919 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of steel. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. As for heating, the home is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 437 West Colorado Avenue was last sold in Aug 10, 2020 for $1,595,000. According to our calculations, that's $1,748.90 per sqft. Prior to that sales transaction, the property was sold for $550,000 in Jan 18, 2002. Current property owners are expected to pay $5,804 in taxes per year. The property on 437 West Colorado Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $224,180. To break that down further, the land itself was valued at $74,510. While improvements to the property were assessed at a total of $149,670. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1893
  • Effective Year Built: 1893
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Gable
  • Roof Cover Type: Steel
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 912
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,919
  • Total Building Area: 912
  • Building Area: 912
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 912
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WEST TELLURIDE ADDITION
  • Land Acres: 0.067
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 10 BLK 4 WEST TELLURIDE PART OF THE SW4 SEC 36 T43N R9W NMPM ACC TO PLAT REC JUN 20 1891 AT BK 28 PG 7 AND LAND SURVEY

Ownership

  • Current Owner : SUNG SIMON
  • Current Owner 2: SUNG SUMIE
  • Previous Owner : THE COHEN FAMILY TRUST
  • Owner Before Previous Owner: WARD STEPHEN V
  • Owner Before Previous Owner 2: WARD KIMBERLY JE
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Telluride School District R-1
  • Census Tract: 968102

Zoning

  • Zoning: R1

Geography

  • Parcel: 1010000260
  • Block: 4
  • Lot: 10
  • Meridian: SEC 36 TWN 43N RNG 09W
  • Latitude: 37.9383
  • Longitude: -107.814

    Address

  • Full Address: 437 W Colorado Ave
  • Address - House Number: 437
  • Street Direction: W
  • Address - Street Name: Colorado
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Telluride
  • Zip Code: 81435

Valuation

    Tax

  • Total Area: 912
  • Tax Year: 2023
  • Tax Amount: $5,804
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2284
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 2,595,953
  • High Value: 3,189,098
  • Low Value: 2,002,808

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,196,250
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Aug 14, 2020
  • First Open Lien Mortgage Loan Amount: $1,196,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $3,313,856
  • Market Land Value: $1,101,375
  • Market Improvement Value: $2,212,481

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $224,180
  • Assessed Land Value: $74,510
  • Assessed Improvements Value: $149,670

    Sales

  • Current Sale Contract Date: Aug 10, 2020
  • Current Sale Recording Date: Aug 14, 2020
  • Current Sale Transaction ID: 11781373629
  • Current Sale Price: $1,595,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 464494
  • Previous Sale Recording Date: Jan 18, 2002
  • Previous Sale Contract Date: Jan 18, 2002
  • Previous Sale Amount: $550,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 14, 2020
  • First Mortgage Loan Amount: $1,196,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

About Telluride



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Frequently Asked Questions

What neighborhood is 437 West Colorado Avenue located in?
The 437 West Colorado Avenue is a located in the neighborhood of San Miguel in Telluride, Telluride.
What is the average sales price for listings in 437 West Colorado Avenue?
The average sales price for units in 437 West Colorado Avenue is $0 currently.

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