NOT LISTED FOR SALE

1078 American Way Breckenridge, CO 80424

Estimated Value: $481,000 - $587,000

0.51 Acre
$1,052,275 Price per Acre
22,216 Sq Ft Lot

Last Sold March 25, 2024

Last sale price $500,000

Est. 7% increase in value since last sale

Current estimated payment $3,629/month

191 Days on Market

Highlights

  • Views of Ski Resort
  • Trails
  • Satellite Dish

About This Lot

As of March 2024

Rare opportunity to own land less than a mile from the ski slopes! Assessed in 2023 for $616k! Build on one of the last vacant lots just a few minutes away from downtown Breckenridge, located in the quiet neighborhood of Peak 7. With jaw-dropping views of the Tenmile Range and no power lines obstructing your view, this half-acre is a mountain lover's dream. Easy, central access to Breck's Peak 7/8 for skiing and hiking, and centrally located to all of Summit County's year-round outdoor fun! Take in the aspens & breathtaking views of the surrounding National Forest. Enjoy the changing colors in the fall & the expansive view during the wintertime. With no HOA, Peak 7 is the place to be and the best neighborhood to have a blank slate to build whatever mountain home you desire. Builder and plans are ready to build a 3,700 sqft Mountain Modern A-Frame Chalet with 5 bedrooms and 3 bathrooms. The plans can be customized to new owner’s specifications. Total building cost will be 1-1.2M for this home w/ instant equity opportunity!

Last Agent to Sell the Property

Jacqueline Roman

Nest Seekers Colorado LLC Brokerage Phone: (970) 485-5536 License #II100096190 Listed on: 09/01/2023

Last Buyer's Agent

Cody Thomas

Paffrath & Thomas R.E.S.C License #FA100050485

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,180

Lot Details

  • 0.51 Acre Lot

Property Views

  • Ski Resort
  • Woods
  • Mountain
  • Valley

Utilities

  • Phone Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Yes
  • Assessor Parcel Number 200367

Community Details

Overview

  • Shadows North Amended Sub Subdivision

Recreation

  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$3,180

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.51
  • Subdivision Name: SHADOWS NORTH AMENDED SUB
  • Directions: From Hwy 9 turn onto Coyne Valley; take a left on Airport Road; right on Barton Road; left on Blue Ridge Rd; right on American Way.
  • Property Sub Type Additional: Residential,Improved Land
  • Special Features: None

Interior Features

  • Other Equipment: Satellite Dish

Exterior Features

  • Lot Features: See Remarks
  • View: Mountain(s), Ski Area, Valley, Trees/Woods
  • View: Yes
  • Exclusions: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Municipal Utilities, Phone Available, Sewer Available, Trash Collection, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: See Remarks, Trails/Paths

Lot Info

  • Current Use: Residential, See Remarks
  • Land Lease: No
  • Lot Size Sq Ft: 22215.6
  • Parcel #: 200367
  • Zoning Description: Single Family

Tax Info

  • Tax Annual Amount: 3179.69
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2023
Closed on
Mar 25, 2024
Sold by
Breckenridge Catalog Llc
Bought by
Googins Gary and Bubinas Steve
Seller's Agent
Jacqueline Roman
Nest Seekers Colorado LLC
Buyer's Agent
Cody Thomas
Paffrath & Thomas R.E.S.C
List Price
$599,000
Sold Price
$500,000
Premium/Discount to List
-$99,000
-16.53%
Views
74
Current Estimated Value
$536,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,660
Avg. Annual Appreciation
5.15%

Purchase Details

Listed on
Feb 1, 2022
Closed on
Apr 25, 2022
Sold by
Wenderoth Lisa
Bought by
Breckenridge Catalog Llc
Seller's Agent
Amy Nakos
Your Castle Summit, LLC
Buyer's Agent
Jacqueline Roman
Nest Seekers Colorado LLC
List Price
$572,500
Sold Price
$572,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.84%
Original Mortgage
$1,059,750
Interest Rate
4.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
May 21, 2021
Closed on
Jul 21, 2021
Sold by
Greco Michael R and Greco Jennifer K
Bought by
Wenderoth Joseph and Wenderoth Lisa
Seller's Agent
Kari Canfield
Coldwell Banker Mountain Properties
Buyer's Agent
Tonia Steele
RE/MAX Properties of the Summit
List Price
$480,000
Sold Price
$480,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.72%

Purchase Details

Listed on
May 3, 2018
Closed on
Aug 16, 2018
Sold by
Collins Mike
Bought by
Greco Michael R and Greco Jennifer K
Seller's Agent
Landon Greve
Paffrath & Thomas R.E.S.C
Buyer's Agent
Leah Canfield
Coldwell Banker Mountain Properties
List Price
$192,000
Sold Price
$192,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.71%
Original Mortgage
$144,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
May 11, 2016
Closed on
May 26, 2016
Sold by
Peterson Galen De Ganahl and Peterson Sarah Danielle
Bought by
Collins Mike
Seller's Agent
Stuart Reddell
LIV Sotheby's I.R.
Buyer's Agent
Landon Greve
Paffrath & Thomas R.E.S.C
List Price
$169,000
Sold Price
$169,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%

Purchase Details

Listed on
Feb 6, 2012
Closed on
Jun 12, 2013
Sold by
Snyder Frederick W and Snyder Lori K
Bought by
Peterrson Galen Deganahal and Peterson Sarah Danielle
Seller's Agent
Kerri Karcz
Colorado R.E. Summit County
Buyer's Agent
Stu Van Anderson
West + Main
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.11%
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
Googins Gary $500,000 Land Title Guarantee
Breckenridge Catalog Llc $572,500 New Title Company Name
Wenderoth Joseph $480,000 Land Title Guarantee
Greco Michael R $192,000 Land Title Guantee Co
Collins Mike $169,000 Title Co Of The Rockies Inc
Peterrson Galen Deganahal $150,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Breckenridge Catalog Llc $1,059,750
Previous Owner Greco Michael R $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2024 03/25/24 Sold $500,000 -10.6% --
03/11/2024 03/11/24 Pending -- -- --
12/09/2023 12/09/23 Price Changed $559,000 -4.4% --
11/08/2023 11/08/23 Price Changed $585,000 -2.3% --
09/01/2023 09/01/23 For Sale $599,000 +4.6% --
04/28/2022 04/28/22 Sold $572,500 0.0% --
03/29/2022 03/29/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $572,500 +19.3% --
07/21/2021 07/21/21 Sold $480,000 0.0% --
06/21/2021 06/21/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $480,000 +150.0% --
08/16/2018 08/16/18 Sold $192,000 0.0% --
07/17/2018 07/17/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $192,000 +13.6% --
05/26/2016 05/26/16 Sold $169,000 0.0% --
05/11/2016 05/11/16 For Sale $169,000 +12.7% --
06/12/2013 06/12/13 Sold $150,000 0.0% --
05/13/2013 05/13/13 Pending -- -- --
02/06/2012 02/06/12 For Sale $150,000 -- --
Source: Summit MLS

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 $8,459 $178,727 $178,727 --
2023 $8,459 $171,948 $0 $0
2022 $3,180 $60,494 $0 $0
2021 $3,148 $60,494 $0 $0
2020 $2,987 $56,940 $0 $0
2019 $2,945 $56,940 $0 $0
2018 $2,629 $49,255 $0 $0
2017 $2,405 $49,255 $0 $0
2016 $2,127 $42,901 $0 $0
2015 $2,059 $42,901 $0 $0
2014 $2,294 $47,178 $0 $0
2013 -- $47,178 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Summit MLS

MLS Number: S1044354

Summit MLS

APN: 200367