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707 Elk Avenue

707 Elk Avenue, Crested Butte, CO 81224
Property in Gunnison
Sold Dec 05, 2017
$1,572,500
Sold Aug 27, 2013
$677,800
$417,000 by First Colony Mortgage Corp
Mortgage Due Sep 01, 2043
707 Elk Avenue in Crested Butte, CO was first built in 1993 and is 31 years old. Although, the building on the property was most recently renovated and altered in 1999. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 3 floors. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 707 Elk Avenue has 2,499 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. In total, the area measurement of the land is 6,011 square feet.

Learn more about the property and building on this page. The roof of the home is made of metal. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a garage. The garage is 440 sqft. There are a total of 2 available parking spaces. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. As for heating, the home is utilizing a gas heating system. The property was last sold in Dec 3, 2017 for $1,572,500. That's $629.25 per sqft. Prior to that sales transaction, the property was also sold in Aug 27, 2013 for $677,800. 707 Elk Avenue was last assessed in 2022. The total value of the property was assessed at $111,180. Specifically, the land the property is located on was valued at $15,660. While improvements on the property were assessed at a total of $95,520. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $8,714. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Metal
  • Floor Count: 3
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,011
  • Total Building Area: 2,499
  • Building Area: 2,499
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Gas
  • Heated Square Feet: 2,499
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CRESTED BUTTE TOWN OF
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 19 & 20, BLOCK 60, CRESTED BUTTE

Ownership

  • Current Owner : SMARTT SHELLY DALE
  • Current Owner 2: SMARTT KEVIN NOEL
  • Previous Owner : 707 ELK AVE LLC
  • Owner Before Previous Owner: HOSIER GERALD DOUGLAS

Neighborhood

  • School District Name: Gunnison Watershed School District RE-1J
  • Census Tract: 963800

Geography

  • Account Number: R071242
  • Parcel: 325502232027
  • Block: 60
  • Lot: 19-20
  • Municipality: GUERNSEY CITY BGM SCH
  • Latitude: 38.87
  • Longitude: -106.979

    Address

  • Full Address: 707 Elk Ave
  • Address - House Number: 707
  • Address - Street Name: Elk
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Crested Butte
  • Carrier Code: R777
  • 4-Digit Zip Code: 5490
  • Zip Code: 81224

Valuation

    Tax

  • Total Area: 2,499
  • Tax Year: 2022
  • Tax Amount: $8,714
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.4894
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 2
  • Final Value: 1,657,896
  • High Value: 2,469,280
  • Low Value: 846,511

    Market Valuation

  • Market Total Value: $1,599,690
  • Market Land Value: $225,310
  • Market Improvement Value: $1,374,380

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $111,180
  • Assessed Land Value: $15,660
  • Assessed Improvements Value: $95,520

    Sales

  • Current Sale Contract Date: Dec 03, 2017
  • Current Sale Recording Date: Dec 05, 2017
  • Current Sale Transaction ID: 11337037001
  • Current Sale Price: $1,572,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0650587
  • Previous Sale Recording Date: Aug 27, 2013
  • Previous Sale Contract Date: Aug 27, 2013
  • Previous Sale Amount: $677,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Dec 05, 2017
  • First Mortgage Loan Amount: $1,336,625
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: FIRST COLONY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Aug 27, 2013
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2043

About Crested Butte



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 707 Elk Avenue located in?
The 707 Elk Avenue is a located in the neighborhood of Gunnison in Crested Butte, Crested Butte.
What is the average sales price for listings in 707 Elk Avenue?
The average sales price for units in 707 Elk Avenue is $0 currently.

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