NOT LISTED FOR SALE

1224 Lake Ave Grand Lake, CO 80447

Estimated Value: $776,000 - $884,000

3 Beds
2 Baths
1,113 Sq Ft
$753/Sq Ft Est. Value

Last Sold October 06, 2020

Last sale price $610,000 $548 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,077/month

10 Days on Market

Highlights

  • Lake Front
  • River View
  • Vaulted Ceiling
  • Fishing
  • Deck
  • 3-minute walk to Grand Lake City Park

About This Home

As of October 2020

Settle back in this cozy log cabin in town and listen to the river or lounge on the beach on Grand Lake. Looking for an investment? Net over 30K a year. This three bedroom cabin has a perfect location just one cabin from the N. Inlet River in a quiet part of Lemmon Lodge. Walk to town, dinner, the theater and more. Superior rental income or just keep it for yourself! Lemmon Lodge offers a unique ownership with many amenities including a beach on Grand Lake, common boat docks, fire pit, play ground, horseshoe pit, volley ball court and more. You can fish on the river any time and use the common facilities for you and your guests,

Last Agent to Sell the Property

Andrea Cox

Re/Max Resorts Of Grand County License #EI1300755 Listed on: 08/14/2020

Re/Max Resorts Of Grand County

Last Buyer's Agent

Carissa Beery

Coldwell Banker Mtn Properties License #FA100035125

Coldwell Banker Mtn Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,422

Year Built

  • Built in 1982

Lot Details

  • 871 Sq Ft Lot
  • Lake Front
  • River Front
  • Landscaped with Trees

HOA Fees

  • $116 Monthly HOA Fees

Parking

  • No Garage

Property Views

  • River
  • Lake
  • Mountain

Home Design

  • Log Siding

Interior Spaces

  • 1,113 Sq Ft Home
  • 2-Story Property
  • Furniture Available With House
  • Vaulted Ceiling
  • Double Pane Windows
  • Living Room with Fireplace
  • Loft
  • Wood Flooring
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer

Outdoor Features

  • Deck

Utilities

  • Baseboard Heating
  • Propane
  • Water Tap Fee Is Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 119305227011

Community Details

Overview

  • Association fees include insurance, road maintenance
  • Grand Lake Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Fishing
  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,422

Year Built

Built in 1982

Lot Details

0

HOA Fees

$116 per month

Listing Details

  • Prop. Type: Single Family Res
  • Lot Size Acres: 0.02
  • Inclusions: W/D Hookup, Refrigerator, Range, Oven, Microwave, Furniture, Dishwasher
  • Subdivision Name: GRAND LAKE
  • Directions: From the Grand lake Chamber go into town on Grand Ave and to the end and turn Right and the 1st left into Lemmon Lodge and look for #8 on the left
  • Architectural Style: Two Story
  • Carport Y N: No
  • Year Built: 1982
  • Location Legal and Taxes:Parcel Number2: 119305227011
  • Location Legal and Taxes:Taxes2: 2421.6
  • General Property Description:Total SqFt2: 1270.75
  • General Property Description:Style2: Two Story
  • General Property Description:Acres2: 0.02
  • Miscellaneous Possession: Closing
  • Water Source:Community: n/a
  • Water Source:Public: Tap Paid
  • Water Source:Well: n/a
  • Sewer Source:Community2: Tap Paid
  • Sewer Source:Public2: n/a
  • Sewer Source:Septic: n/a
  • Utilities:Cable TV3: Avail. Not Connected
  • Utilities Electric: Connected
  • Utilities:Natural Gas: Avail. Not Connected
  • Utilities:Propane Gas: Avail. Not Connected
  • Utilities Telephone: Avail. Not Connected
  • Utilities:Heat3: Electric
  • Bathrooms:Main Bathroom: Full
  • Inclusions:Dishwasher: yes
  • Inclusions:Disposal: no
  • Inclusions:Furniture: yes
  • Inclusions:Microwave: yes
  • Inclusions:Oven: yes
  • Inclusions:Range: yes
  • Inclusions:WD Hookup: yes
  • Inclusions:WasherDryer: yes
  • Description:Fireplace: Yes
  • Description:MaintAssoc Fee: Yes
  • Description:River Front: Yes
  • Description:View Mtns: Yes
  • Special Listing Conditions:Real Estate Owned: No
  • Special Listing Conditions:Short Sale2: No
  • Description:Vaulted Ceiling: Yes
  • Description:Laundry Main Fl: Yes
  • Description:Loft: Yes
  • Misc Amenities Laundry: Yes
  • Description:Deck: Yes
  • Description:Double Pane Wind: Yes
  • Description:Hardwood Floors: Yes
  • Description:Trees: Yes
  • Description:River View: Yes
  • Description:Lake View: Yes
  • Description:Lake Front: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Possible Use: Accommodations
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Flooring: Hardwood
  • Interior Amenities: Fireplace, Loft, Vaulted Ceiling(s)
  • Living Area: 1112.5
  • Window Features: Double Pane Windows
  • FireplaceWood Stove:_pound_ of FireplaceStove: 1
  • FireplaceWood Stove:Basement: no
  • FireplaceWood Stove:Bedroom: no
  • FireplaceWood Stove:Dining Room: no
  • FireplaceWood Stove:Family Room: no
  • FireplaceWood Stove:Kitchen: no
  • FireplaceWood Stove:Living Room: yes
  • FireplaceWood Stove:Fireplace Remarks2: wood
  • FireplaceWood Stove:Master Bedroom: no
  • Basement:CrawlSlab: Crawl Space

Exterior Features

  • Lot Features: Trees
  • View: Lake, River, Mountain(s)
  • Waterfront Features: Lake Front, River Front
  • Waterfront: Yes
  • Construction Type: Log
  • Patio And Porch Features: Deck
  • Construction:Log: Yes

Garage/Parking

  • Attached Garage: No
  • General Property Description:Garage Type2: none

Utilities

  • Laundry Features: Main Level
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Type of Heating: Baseboard

Condo/Co-op/Association

  • Community Features: Fishing
  • Amenities: Laundry, Trash, Snow Removal
  • Association Fee: 116.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Amenities:Fishing: Yes
  • Amenities:Road Maintenance: Yes
  • Amenities:Trash Removal: Yes
  • Amenities:Snow Removal: Yes
  • Location Legal and Taxes:Association YN: Yes
  • Location Legal and Taxes:Association Fee Frequency: Monthly
  • Location Legal and Taxes:Association Fee: 116.0

Fee Information

  • Association Fee Includes: Insurance, Road Maintenance

Lot Info

  • Lot Size Sq Ft: 871.2
  • Parcel #: 119305227011
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2421.6
  • Tax Lot: 8
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2020
Closed on
Oct 6, 2020
Sold by
Katza Richard N and Rogers Peggy G
Bought by
Family Lake Lodge Llc
Seller's Agent
Andrea Cox
Re/Max Resorts Of Grand County
Buyer's Agent
Carissa Beery
Coldwell Banker Mtn Properties
List Price
$589,000
Sold Price
$610,000
Premium/Discount to List
$21,000
3.57%
Current Estimated Value
$858,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,210
Avg. Annual Appreciation
7.55%
Original Mortgage
$488,000
Outstanding Balance
$445,629
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$423,889

Purchase Details

Closed on
Jun 20, 2014
Sold by
Katz Richard N and Rogers Peggy G
Bought by
Lemmon Lodge Assn

Purchase Details

Closed on
Jun 30, 2006
Sold by
Hoaward Jerry B and Howard Jewell C
Bought by
Katz Richard N and Rogers Peggy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.63%
Mortgage Type
New Conventional
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
Family Lake Lodge Llc $610,000 Title Company Of The Rockies
Lemmon Lodge Assn -- None Available
Katz Richard N $560,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Family Lake Lodge Llc $488,000
Previous Owner Katz Richard N $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2020 10/06/20 Sold $610,000 +3.6% $548 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $589,000 +81.2% $529 / Sq Ft
05/12/2017 05/12/17 Sold $325,000 -17.7% $423 / Sq Ft
03/29/2017 03/29/17 Pending -- -- --
12/02/2014 12/02/14 For Sale $395,000 -- $514 / Sq Ft
Source: Grand County Board of REALTORS®

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 $3,422 $53,920 $21,880 $32,040
2023 $3,422 $53,920 $21,880 $32,040
2022 $3,162 $46,680 $13,140 $33,540
2021 $3,296 $48,030 $13,520 $34,510
2020 $2,525 $40,060 $12,340 $27,720
2019 $2,422 $40,060 $12,340 $27,720
2018 $2,224 $34,260 $10,460 $23,800
2017 $2,350 $34,260 $10,460 $23,800
2016 $2,325 $35,440 $11,560 $23,880
2015 $1,828 $35,440 $11,560 $23,880
2014 $1,828 $28,810 $0 $28,810
2012 $1,949 $31,450 $7,730 $23,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Grand County Board of REALTORS®

MLS Number: 20-1122

APN: R147320