NOT LISTED FOR SALE

1040 Vail View Dr Unit 303 Vail, CO 81657

Estimated Value: $1,147,000 - $1,360,000

3 Beds
2 Baths
1,349 Sq Ft
$721/mo HOA Fee

Last Sold February 25, 2022

Last sale price $1,010,000 $749 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $7,828/month

3 Days on Market

Highlights

  • Views of Ski Resort
  • Fishing
  • Deck
  • Golf Course Community
  • Outdoor Pool
  • Property is near public transit

About This Home

As of February 2022

Location, Location, Location. The address says it all, Vail View Drive! Enjoy views of the mountains and Vail ski resort in this fully furnished 3 bedroom, 2 bath condominium located right next to the Town of Vail bus stop for easy access to all of Lionshead and Vail village activities, restaurants, shopping, world class skiing and the mountain lifestyle. The fourth extra loft room with a double bed contributes to a condominium set up to sleep 12 people. (1 king in master, 1 queen in 2nd bedroom, 1 double bed in loft room & 3 bunk beds in bunk room that sleeps 6). The living room has a wood burning fireplace and a nice space for entertaining. The Snow Lion condominiums have a summer pool where you can enjoy warm summer days lounging poolside in the Vail Valley. The HOA fee includes heat and water utilities. The HOA has recently upgraded the interior common areas and has plans to upgrade the exterior. This is a great investment condominium with excellent rental potential or a spacious primary residence in the Town of Vail. Unit 303 includes two parking spots and has additional storage space on the property. Walk right out your front door and explore everything Vail has to offer!

Last Agent to Sell the Property

Jonathan Lindner

Jon Reid Lindner Real Estate License #FA40044328 Listed on: 01/04/2022

Last Buyer's Agent

Jenifer Shay

Sonnenalp Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,864

Year Built

  • Built in 1970

Lot Details

  • 436

HOA Fees

  • $721 Monthly HOA Fees

Property Views

  • Ski Resort
  • Mountain

Home Design

  • Entry on the 1st floor
  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,349 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Wood Burning Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Lot
  • Surface Parking
  • Assigned Parking

Outdoor Features

  • Outdoor Pool
  • Deck

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 210301408017
  • Seller Concessions Not Offered

Community Details

Overview

  • Association fees include common area maintenance, heat, insurance, management, sewer, snow removal, trash, water
  • Snow Lion Condo Subdivision

Recreation

  • Golf Course Community
  • Community Pool
  • Fishing
  • Trails
  • Snow Removal

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,864

Year Built

Built in 1970

Lot Details

0

HOA Fees

$721 per month

Listing Details

  • Association HOA Fee: 721.49
  • HOA Fee Frequency: Monthly
  • Entry Level: 1
  • Lot Size Acres: 0.01
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Building Stories: 2
  • Average Monthly Electric Expenses: 40.0
  • Utility Expenses Water Sewer Included In HOA: Yes
  • Year Built: 1970
  • Subdivision Name: Snow Lion Condo
  • Garage Yn: No
  • Tax Parcel Letter: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Entry Location: 1
  • Fireplace Features: Wood Burning
  • Furnished: Furnished
  • Interior Amenities: Fireplace - Wood
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Living Area: 1349.0
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Range: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave: Yes
  • Interior Features:Fireplace - Wood: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • View: Mountain(s), Ski Slopes
  • Lot Features: Near Public Transit
  • Pool Features: Outdoor Pool
  • Construction Type: Stucco, Wood Siding
  • Foundation Details: Poured in Place
  • Construction:Frame: Yes
  • Patio and Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, Parking Lot, Surface
  • Total Parking Spaces: 2.0
  • General Info:Garage2: No
  • Parking Surface: Yes
  • Parking:Assigned: Yes
  • Parking:Parking Lot: Yes

Utilities

  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • Laundry Features: Common Area
  • Cooling Y N: No
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Satellite, Sewer Available, Snow Removal, Trash, Water Available
  • Heating:Baseboard: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Fishing, Golf, Near Public Transit, Pool, Trail(s)
  • Amenities: Pool
  • Association Fee: 721.49
  • Association Fee Frequency: Monthly

Association/Amenities

  • HOAComm Amenities:Pool2: Yes
  • AssociationHOA Fee Includes:Common Area Maintenance: Yes
  • AssociationHOA Fee Includes:Management: Yes
  • AssociationHOA Fee Includes:Sewer: Yes
  • AssociationHOA Fee Includes:Snow Removal2: Yes
  • AssociationHOA Fee Includes:Water: Yes
  • AssociationHOA Fee Includes:Heat: Yes
  • AssociationHOA Fee Includes:Insurance: Yes
  • Keywords Info:Association YN: Yes
  • AssociationHOA Fee Includes:Trash2: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Heat, Insurance, Management, Sewer, Snow Removal, Trash, Water

Lot Info

  • Lot Size Sq Ft: 436.0
  • Parcel #: 210301408017
  • Land Lease: No
  • Zoning: Multifam
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1863.54
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2022
Closed on
Feb 25, 2022
Sold by
Reichel Paul G
Bought by
Mattingly John
Seller's Agent
Jonathan Lindner
Jon Reid Lindner Real Estate
Buyer's Agent
Jenifer Shay
Sonnenalp Real Estate
List Price
$920,000
Sold Price
$1,010,000
Premium/Discount to List
$90,000
9.78%
Current Estimated Value
$1,281,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,180
Avg. Annual Appreciation
6.79%
Original Mortgage
$736,000
Outstanding Balance
$685,855
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$595,325

Purchase Details

Closed on
Jun 1, 2007
Sold by
Ruschmeyer Phillip J
Bought by
Reichel Paul G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2006
Sold by
Fenstermacher Mark
Bought by
Ruschmeyer Phillip J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,206
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2002
Sold by
Fenstermacher Richard T and Fenstermacher Margaret E
Bought by
Fenstermacher Mark

Purchase Details

Closed on
Jun 16, 1998
Sold by
Arrigoni Balz and Hausermann Christian
Bought by
Fenstermacher Richard T and Fenstermacher Margaret E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.21%

Purchase Details

Closed on
Apr 19, 1996
Source: Public Records

Range of Values:

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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
Mattingly John $1,010,000 Guaranty Land Title
Reichel Paul G $610,000 Stewart Title Of Colorado
Ruschmeyer Phillip J $499,900 Stewart Title Of Vail Inc
Fenstermacher Mark -- --
Fenstermacher Richard T $240,000 Land Title
-- $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mattingly John $736,000
Previous Owner Reichel Paul G $225,000
Previous Owner Ruschmeyer Phillip J $404,206
Previous Owner Fenstermacher Richard T $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2022 02/25/22 Sold $1,010,000 +9.8% $749 / Sq Ft
01/07/2022 01/07/22 Pending -- -- --
01/04/2022 01/04/22 For Sale $920,000 -- $682 / Sq Ft
Source: Vail Multi-List Service

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 $3,459 $72,730 -- $72,730
2023 $3,459 $72,730 $0 $72,730
2022 $2,103 $40,920 $0 $40,920
2021 $2,165 $42,100 $0 $42,100
2020 $1,864 $36,720 $0 $36,720
2019 $1,870 $36,720 $0 $36,720
2018 $1,557 $29,970 $0 $29,970
2017 $1,549 $29,970 $0 $29,970
2016 $1,704 $33,320 $0 $33,320
2015 -- $33,320 $0 $33,320
2014 -- $28,740 $0 $28,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 1004327

Vail Multi-List Service

APN: R033167