NOT LISTED FOR SALE

12 Vail Rd Unit R8 Vail, CO 81657

Estimated Value: $4,400,000 - $6,381,303

4 Beds
3 Baths
3,223 Sq Ft
$3,938/mo HOA Fee

Last Sold May 09, 2022

Last sale price $4,800,000 $1,489 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $36,438/month

15 Days on Market

Highlights

  • Fitness Center
  • Mountain View
  • Vaulted Ceiling
  • Ski Trails
  • Property is near public transit
  • Wood Flooring

About This Home

As of May 2022

Walls virtually painted/sconces replaced | This one-of-a-kind furnished 4 bedroom plus loft penthouse is located in the heart of it all in Vail Village, in the boutique building of the Vail Gateway Plaza. Enjoy this elegant and unique condominium that feels more like a single family home. Your private elevator is shared with only one adjoining neighbor, conveniently accessed from your 2 heated garage parking spaces. Just step out your front door and be sitting at a restaurant or bar within a minute or two, or stroll throughout the village to enjoy all the various world class dining and shopping. You deserve prime access to the world renowned amenities within Vail Village including easy access to Vail Mountain for skiing, hiking, biking, and more on the mountain and other Vail Village activities that are available year-round.

The great room in this home is open concept living at its finest - boasting high ceilings, abundant natural light, multiple separate sitting areas, a stone gas fireplace, a large dining area adjacent to the kitchen with an island/breakfast bar. Branch off from the main living space into the family room area that is perfect for winding down with a great show, for the big game, or as an extension of social space for entertaining. Situated at the far end of the great room, is a beautiful loft area with a custom steel railing and ladder and 200-year-old reclaimed wood flooring. This vintage flooring is enjoyed throughout all the bedrooms and is always a guest favorite. The loft is a fun and spacious hangout space that is also excellent for overflow sleeping.

The master suite is rich in luxurious amenities including a grand double door entrance, gas fireplace, balcony, walk-in closet, and a gracious spa-inspired bathroom. Three additional lovely guest bedrooms and a loft round out this lovely residence making it both an ideal property and location for use as a second residence and/or vacation rental property. This home includes a ski locker, bike storage, and 2 deeded heated garage parking spaces (tandem), as well as several lockable owners' closets within the home.
Only a stone's throw to The Sebastian next door where the opportunity to purchase a club membership is offered for use of the outdoor pool, hot tubs, full service spa, work-out facilities, valet, and private club room with all of the perks anyone would desire.

Last Listed By

Malia Nobrega

LIV Sotheby's Int. Realty-Vail Mountain Haus Brokerage Phone: (970) 977-1041 License #FA40038043 Listed on: 03/25/2022

LIV Sotheby's Int. Realty-Vail Mountain Haus

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,871

Year Built

  • Built in 1990

Lot Details

  • 2,178

HOA Fees

  • $3,938 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Deeded Parking

Property Views

  • Mountain
  • Valley

Home Design

  • Poured Concrete
  • Shake Roof
  • Steel Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,223 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Gas Fireplace
  • Washer and Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • City Lot

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 210108264024
  • Seller Concessions Not Offered

Community Details

Overview

  • Association fees include common area maintenance, gas, insurance, management, sewer, snow removal, trash, water
  • Vail Gateway Plaza Condo Subdivision

Recreation

  • Fitness Center
  • Trails
  • Ski Trails

Pet Policy

  • Dogs Allowed

Additional Features

  • Shuttle
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,871

Year Built

Built in 1990

Lot Details

0

HOA Fees

$3,938 per month

Parking

2

Listing Details

  • Association HOA Fee: 3938.24
  • HOA Fee Frequency: Monthly
  • Entry Level: 3
  • Unit Levels: One
  • Lot Size Acres: 0.05
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Building Stories: 1
  • Average Monthly Electric Expenses: 60.0
  • Other Utility Expense: 257.0
  • Utility Expenses Water Sewer Included In HOA: Yes
  • Year Built: 1990
  • Road Surface Type: All Year
  • Subdivision Name: Vail Gateway Plaza Condo
  • Garage Yn: Yes
  • Tax Parcel Letter: Yes
  • Attribution Contact: (970) 977-1041
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Entry Location: 3
  • Fireplace Features: Gas
  • Furnished: Furnished
  • Interior Amenities: Elevator, Fireplace - Gas, Jetted Bath, Vaulted Ceiling(s)
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Washer/Dryer
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Stone, Tile, Wood
  • Living Area: 3223.0
  • ResoLivingAreaSource: Appraiser
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Range: Yes
  • Appliances Included:Refrigerator: Yes
  • Interior Features:Fireplace - Gas: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplace Features:Gas3: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:WasherDryer: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Jetted Bath: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Patio And Porch Features: Patio
  • Roof: Shake
  • View: Mountain(s), Valley
  • Lot Features: Near Public Transit, City Lot, Walk to Slopes
  • Construction Type: Stucco
  • Foundation Details: Concrete Perimeter, Poured in Place
  • Construction:Steel Siding: Yes
  • Patio and Porch Features:Patio2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Deeded, Garage, Underground, See Remarks
  • Total Parking Spaces: 2.0
  • General Info:Garage2: Yes
  • Parking:Assigned: Yes
  • Parking:Underground: Yes
  • Parking:Garage3: Yes
  • Parking:See Remarks14: Yes
  • Parking:Deeded: Yes
  • General Info:_pound_ of Garage Stalls: 2.0

Utilities

  • Cooling: Zoned
  • Heating: Natural Gas
  • Sewer: Sewer Available
  • Water Source: Domestic Water Right
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Trash, Water Available
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Cross Country Trail(s), Fitness Center, Near Public Transit, Shuttle Service, Trail(s)
  • Amenities: On Site Management
  • Association Fee: 3938.24
  • Association Fee Frequency: Monthly
  • Pets Allowed: Dogs OK

Association/Amenities

  • HOAComm Amenities:On Site Management: 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:Gas2: Yes
  • AssociationHOA Fee Includes:Insurance: Yes
  • Keywords Info:Association YN: Yes
  • AssociationHOA Fee Includes:Trash2: Yes

Fee Information

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

Lot Info

  • Lot Size Sq Ft: 2265.0
  • Parcel #: 210108264024
  • Land Lease: No
  • Zoning: Commercial Service Center
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 13871.2
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
May 9, 2022
Sold by
Thomas Bates James
Bought by
Vail Wintergarden Llc
Seller's Agent
Malia Nobrega
LIV Sotheby's Int. Realty-Vail Mountain Haus
Buyer's Agent
Malia Nobrega
LIV Sothebys Intl Realty Edwards Riverwalk
List Price
$4,795,000
Sold Price
$4,800,000
Premium/Discount to List
$5,000
0.1%
Total Days on Market
15
Current Estimated Value
$5,635,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$835,748
Avg. Annual Appreciation
5.50%

Purchase Details

Closed on
Mar 7, 2005
Sold by
Vail Gateway Llc
Bought by
Bates James Thomas and Bates Catia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.71%
Mortgage Type
Unknown

Range of Values:

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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
Vail Wintergarden Llc $4,800,000 Guaranty Land Title
Bates James Thomas $1,050,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vail Wintergarden Llc $4,247,200
Previous Owner Bates James Thomas $1,530,000
Previous Owner Bates James Thomas $2,000,000
Previous Owner Bates James Thomas $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2022 05/09/22 Sold $4,800,000 +0.1% $1,489 / Sq Ft
04/07/2022 04/07/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $4,795,000 -- $1,488 / 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 $15,051 $316,450 -- $316,450
2023 $15,051 $316,450 $0 $316,450
2022 $13,472 $262,150 $0 $262,150
2021 $13,871 $269,690 $0 $269,690
2020 $13,387 $263,770 $0 $263,770
2019 $13,431 $263,770 $0 $263,770
2018 $11,428 $219,970 $0 $219,970
2017 $11,372 $219,970 $0 $219,970
2016 $11,536 $225,600 $0 $225,600
2015 -- $225,600 $0 $225,600
2014 -- $214,920 $0 $214,920
Source: Public Records

Agents Affiliated with this Home

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Source: Vail Multi-List Service

MLS Number: 1004874

Vail Multi-List Service

APN: R052926