NOT LISTED FOR SALE

1085 Riva Glen Vail, CO 81657

Estimated Value: $5,242,000 - $11,879,701

5 Beds
6 Baths
7,512 Sq Ft
$1,129/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $8,100,000 $1,078 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $51,665/month

651 Days on Market

Highlights

  • Views of Ski Resort
  • 1.4 Acre Lot
  • Vaulted Ceiling
  • Heated Driveway
  • Deck
  • Wood Flooring

About This Home

As of May 2021

Located in Spraddle Creek, the only gated community in Vail proper that also features an on-site caretaker who provides 5-star management services year-round to all residents. This stunning home offers impressive views, privacy, wonderful landscaping and spacious backyard. A custom European-style home with excellent construction, a comfortable and inviting floor plan featuring nearly as many sitting rooms as there are bedrooms. Three picturesque patios capturing expansive views to the south and privacy to the north, uniquely located adjacent to the actual Spraddle Creek and USFS land. The large great room features a magnificent limestone fireplace accented by vaulted ceilings, wooden beams, and an arched window. Additional home features include excellent construction with a copper roof, air conditioning, oxygenated primary suite; 3-car garage; elevator. Membership available to the highly touted Passport Club providing easy ski-in/ski-out access and village parking. Designer furnished and ready for the discerning buyer

Last Listed By

Catherine Jones Coburn

Slifer Smith & Frampton- Bachelor Gulch License #EA270941 Listed on: 07/17/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,304

Year Built

  • Built in 1997

Lot Details

  • 1.4 Acre Lot

HOA Fees

  • $1,403 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Heated Driveway

Property Views

  • Ski Resort
  • City
  • Woods
  • Views to the South
  • Mountain
  • Valley

Home Design

  • Frame Construction
  • Metal Roof
  • Concrete Perimeter Foundation
  • Stucco
  • Stone

Interior Spaces

  • 7,512 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • Vaulted Ceiling
  • Gas Fireplace
  • Washer and Dryer

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Deck
  • Patio

Utilities

  • Zoned Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 210105301005
  • Seller Concessions Offered

Community Details

Overview

  • Association fees include common area maintenance, management, security, snow removal, trash
  • Spraddle Creek Estates Subdivision

Recreation

  • Snow Removal

Additional Features

  • Shuttle
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,304

Year Built

Built in 1997

Lot Details

0

HOA Fees

$1,403 per month

Parking

3

Listing Details

  • Association HOA Fee: 4207.5
  • HOA Fee Frequency: Quarterly
  • Unit Levels: Multi/Split
  • Lot Size Acres: 1.4
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 3
  • Year Built: 1997
  • Subdivision Name: Spraddle Creek Estates
  • Garage Yn: Yes
  • Tax Parcel Letter: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Entry Location: 2
  • Fireplace Features: Gas
  • Furnished: Furnished
  • Interior Amenities: Elevator, Fireplace - Gas, Jetted Bath, Multi-Level, Patio, Satellite Dish, Vaulted Ceiling(s), See Remarks
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Trash Compactor, Wall Oven, Washer, Washer/Dryer, Wine Cooler
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Stone, Tile, Wood
  • Living Area: 7512.0
  • ResoLivingAreaSource: Appraiser
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Interior Features:Fireplace - Gas: Yes
  • Interior Features:Multi-Level: Yes
  • Interior Features:Satellite Dish: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplace Features:Gas3: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Cooktop: Yes
  • Interior Features:Elevator: Yes
  • Appliances Included:Wall Oven: Yes
  • Interior Features:Patio: Yes
  • Interior Features:See Remarks10: Yes
  • Interior Features:Jetted Bath: Yes
  • Appliances Included:Trash Compactor: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Wine Cooler: Yes

Exterior Features

  • Patio And Porch Features: Deck, Patio
  • Roof: Metal
  • View: City, Mountain(s), Ski Slopes, South Facing, Trees/Woods, Valley
  • Lot Features: See Remarks
  • Construction Type: Stone, Stucco
  • Foundation Details: Concrete Perimeter
  • Construction:Frame: Yes
  • Patio and Porch Features:Deck: Yes
  • Patio and Porch Features:Patio2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Heated Driveway, Other
  • General Info:Garage2: Yes
  • Parking:Heated Driveway: Yes
  • Parking:Other6: Yes
  • General Info:_pound_ of Garage Stalls: 3.0

Utilities

  • Cooling: Zoned
  • Heating: Natural Gas, Radiant
  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Satellite, Sewer Available, Snow Removal, Trash, Water Available
  • Heating:Natural Gas: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: On Site Management, Shuttle Service
  • Amenities: On Site Management, Shuttle Service, Other
  • Association Fee: 4207.5
  • Association Fee Frequency: Quarterly
  • Pets Allowed: Yes

Association/Amenities

  • HOAComm Amenities:On Site Management: Yes
  • HOAComm Amenities:Shuttle Service: Yes
  • AssociationHOA Fee Includes:Common Area Maintenance: Yes
  • AssociationHOA Fee Includes:Management: Yes
  • AssociationHOA Fee Includes:Snow Removal2: Yes
  • Documents:Association Documents: Yes
  • HOAComm Amenities:Other7: Yes
  • AssociationHOA Fee Includes:Security: Yes
  • Keywords Info:Association YN: Yes
  • AssociationHOA Fee Includes:Trash2: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Management, Security, Snow Removal, Trash

Lot Info

  • Lot Size Sq Ft: 60984.0
  • Parcel #: 210105301005
  • Land Lease: No
  • Zoning: Single-Family Residence
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 39303.6
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
May 25, 2021
Sold by
Riva Glen Property Llc
Bought by
North Ledges Llc
Seller's Agent
Catherine Jones Coburn
Slifer Smith & Frampton- Bachelor Gulch
Buyer's Agent
Heidi Bintz
LIV Sotheby's Int Realty Beaver Creek Village
List Price
$12,495,000
Sold Price
$8,100,000
Premium/Discount to List
-$4,395,000
-35.17%
Total Days on Market
651
Current Estimated Value
$8,481,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,900
Avg. Annual Appreciation
1.17%

Purchase Details

Closed on
Jun 24, 2020
Sold by
Erickson Ronald A and Erickson Kristine S
Bought by
Riva Glen Property Llc

Purchase Details

Closed on
Jun 23, 2020
Sold by
Erickson Ronald A and Erickson Kristine S
Bought by
Erickson Ronald A

Purchase Details

Closed on
Dec 29, 1993

Range of Values:

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Average Value
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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
North Ledges Llc $8,100,000 Land Title Guarantee Co
Riva Glen Property Llc -- None Available
Erickson Ronald A -- None Available
-- $1,155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Erickson Ronald A $5,833,000
Previous Owner Erickson Ronald A $1,500,000
Previous Owner Erickson Ronald A $960,000
Previous Owner Erickson Ronald A $800,000
Previous Owner Erickson Ronald A $1,000,000
Previous Owner Erickson Ronald A $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2021 05/26/21 Sold $8,100,000 -35.2% $1,078 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
07/22/2019 07/22/19 For Sale $12,495,000 -- $1,663 / 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 $38,839 $816,600 $448,170 $368,430
2023 $38,839 $816,600 $448,170 $368,430
2022 $38,852 $756,040 $331,410 $424,630
2021 $36,277 $705,320 $268,470 $436,850
2020 $39,304 $774,440 $307,520 $466,920
2019 $39,434 $774,440 $307,520 $466,920
2018 $38,880 $748,390 $216,280 $532,110
2017 $38,690 $748,390 $216,280 $532,110
2016 $40,748 $796,900 $228,240 $568,660
2015 -- $796,900 $228,240 $568,660
2014 $35,775 $760,950 $217,370 $543,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 935766

Vail Multi-List Service

APN: R040096