503 West Colorado Avenue

Telluride, CO 81435

$1,560,000
Last Sold Price
4
Beds
4
Baths
2,000 Sq. Ft.
$780 / Sq. Ft.
2,000
Sq. Ft.
$780
per Sq. Ft.

Description

Situated in the heart of historic Telluride, this duplex residence offers a wealth of opportunities. Two bedrooms and two baths on each of the upper and lower flats. Rent the individual residences as an investment property or live in an excellent investment property that can be re-developed into a single family home at one's discretion. Out the front door you may walk to skiing and downtown's restaurants-shops. Private off-street parking in the back.Situated in the heart of historic Telluride, this duplex residence offers a wealth of opportunities. Two bedrooms and two baths on each of the upper and lower flats. Rent the individual residences as an investment property or live in an excellent investment property that can be re-developed into a single family home at one's discretion. Out the front door you may walk to skiing and downtown's restaurants-shops. Private off-street parking in the back.

Listing Agent

  1. Bill Fandel

    Bill Fandel

    Alternative Listing Agent

    Compass

Property Details for 503 West Colorado Avenue

Area
Town of Telluride - 11 (Major Area 10)
Subdivision
None
Parking
Off Street Uncovered
View 1
Ski Area-North
View 2
Red Rock-South

Location

Add your commute
LISTING UPDATED: 11/30/2020 08:42 PM

Property Details for 503 West Colorado Avenue

StatusClosed
MLS #36571
Days on Market644
Taxes$3,373 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built1985
Lot Size0.07 AC / 3,049 SF
CountySan Miguel County

Location

Add your commute

Building Information for 503 West Colorado Avenue

Stories-Year Built1985Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

$8,795 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,514

Property Taxes

$281

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 503 West Colorado Avenue

Summary
Location and General Information
  • Tax Year: 2018
  • Directions: Colorado Avenue between Davis and Townsend on north side of the street.
  • Major Area: 10
  • Special Location: Main Street
  • Historical Qualification: No
  • Access: City
Parking
  • Open Area Parking: 2 Car
Property
Lot Information
  • Zoning: Historic Residential
  • Legal: SITE 503 COLORADO PLACE PUD-full legal to be provided by title company
  • Number of Acres: 0.07
  • Lot Num: Site 503
  • Irrigation: No
  • Source SqFt: Assessor
Property and Assessments
  • Est Finished SqFt: 2000.0
  • Aprox SqFt Range: 1501 - 2000
  • Age: 21 - 40 Years
  • Communications: Regular Phone
  • Esimated Unfinished SqFt: 1000.0
  • Substructure: Unfinished
  • Disclosures: RETA
Utilities
  • Utility Info: Phone Lines: Regular Phone
  • Sanitation: Sewer
  • Water: Public
  • Heat: Gas
  • Electric: Power Company
  • Gas: Natural
  • Utility Info: Primary Heat: Forced Air
Interior and Exterior Features
Exterior Features
  • Exterior Finish: Wood (Natural)
  • Roof: Metal
Flex Room
  • Flex Room: None
Interior Features
  • Lofts: None
  • Appliances: Dishwasher, Disposal, Gas Oven/Range, Refrigerator

Property History for 503 West Colorado Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 503 West Colorado Avenue

Taxable ValueLand$77,240Additions$124,810Total$202,050
Tax Record2023$9,539 ($795 / month)
Home Facts
Total Finished SqFt4,000 SqFtAbove Grade Finished SqFt2,000 SqFtFinished Basement SqFt2,000 SqFtStories2Lot Size3,223 SqFtStyleDuplexYear Built1985CountySAN MIGUELAPN1010070503

Schools near 503 West Colorado Avenue

This home is within Telluride R-1 School District.
Rating
School
Type
Grades
Distance
Public - 3 to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 2
Rating
School
Distance
Telluride Intermediate School
Public3 to 6

Telluride Middle School
Public7 to 8

Telluride High School
Public9 to 12

Telluride Elementary School
PublicPK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.