NOT LISTED FOR SALE

1400 Lions Ridge Loop Unit 3 Vail, CO 81657

Estimated Value: $1,390,000 - $1,690,000

3 Beds
2 Baths
1,400 Sq Ft
$1,087/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $720,000 $514 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $8,928/month

64 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Tile Flooring
  • Property is near public transit
  • Skylights
  • Baseboard Heating

About This Home

As of April 2016

THE signature Vail View. This property features Modern European style upgrades mixed with natural materials creating a fantastic and stylish mountain escape. On the bus route, this home has great rental potential, wonderful million dollar views and a unique location, surrounded by multi million dollar properties.

Last Agent to Sell the Property

Ben Kleimer

The Kleimer Company License #FA40013103 Listed on: 01/29/2016

Last Buyer's Agent

Allison Decent

Keller Williams Mtn Properties- Edwards License #FA100047376

Keller Williams Mtn Properties- Edwards

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,135

Year Built

  • Built in 1973

Lot Details

  • 2,614

HOA Fees

  • $222 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Frame Construction
  • Shake Roof
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 1,400 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Washer and Dryer

Kitchen

  • Range<<rangeHoodToken>>
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Stone
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Baseboard Heating
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Deck
  • 2,614 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 210312203003
  • Seller Concessions Not Offered

Community Details

Overview

  • Association fees include electricity, management, sewer, snow removal, taxes, water
  • Solar Crest Subdivision

Recreation

  • Snow Removal

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,135

Year Built

Built in 1973

Lot Details

0

HOA Fees

$222 per month

Listing Details

  • Association HOA Fee: 665.0
  • HOA Fee Frequency: Quarterly
  • Unit Levels: Multi/Split
  • Lot Size Acres: 0.06
  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Building Stories: 3
  • Year Built: 1973
  • Subdivision Name: Solar Crest
  • Special Features: None
  • Stories: 3

Interior Features

  • Entry Location: 2
  • Fireplace Features: Wood Burning
  • Furnished: Partially
  • Interior Amenities: Fireplace - Wood, Multi-Level, Skylight(s), Vaulted Ceiling(s)
  • Appliances: Dishwasher, Disposal, Range, Refrigerator, Washer, Washer/Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Carpet, Concrete, Stone, Tile
  • Living Area: 1400.0
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Range: Yes
  • Appliances Included:Refrigerator: Yes
  • Interior Features:Multi-Level: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WasherDryer: Yes
  • Interior Features:Fireplace - Wood: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Skylight(s): Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Patio And Porch Features: Deck
  • Roof: Shake
  • Lot Features: Near Public Transit
  • Construction Type: Stone, Other
  • Foundation Details: Concrete Perimeter
  • Construction:Frame: Yes
  • Patio and Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • Total Parking Spaces: 1.0
  • Parking:Assigned: Yes

Utilities

  • Cooling: None
  • Heating: Baseboard, Electric
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: No
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Phone Available, Satellite, Sewer Available, Snow Removal, Trash, Water Available
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: None
  • Association Fee: 665.0
  • Association Fee Frequency: Quarterly

Association/Amenities

  • AssociationHOA Fee Includes:Management: Yes
  • AssociationHOA Fee Includes:Sewer: Yes
  • AssociationHOA Fee Includes:Snow Removal2: Yes
  • AssociationHOA Fee Includes:Water: Yes
  • AssociationHOA Fee Includes:Electricity: Yes
  • AssociationHOA Fee Includes:Taxes3: Yes
  • HOAComm Amenities:None2: Yes
  • Keywords Info:Association YN: Yes

Fee Information

  • Association Fee Includes: Electricity, Management, Sewer, Snow Removal, Taxes, Water

Lot Info

  • Lot Size Sq Ft: 2614.0
  • Parcel #: 210312203003
  • Land Lease: No
  • Zoning: mf
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2134.6
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2021
Sold by
Momchil V Michailov Revocable Trust
Bought by
Solarcrest A3 Llc
Current Estimated Value
$1,521,987

Purchase Details

Listed on
Jan 29, 2016
Closed on
Apr 19, 2016
Sold by
Cramer Larry R
Bought by
Momchil V Michailov Revocable Trust
Seller's Agent
Ben Kleimer
The Kleimer Company
Buyer's Agent
Allison Decent
Keller Williams Mtn Properties- Edwards
List Price
$770,000
Sold Price
$720,000
Premium/Discount to List
-$50,000
-6.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%

Purchase Details

Closed on
Aug 1, 2007
Sold by
Olsen Rys
Bought by
Cramer Larry R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2006
Sold by
Scahill Garrett
Bought by
Olsen Rys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 16, 2004
Sold by
Smith Kristen L
Bought by
Scahill Garrett

Purchase Details

Closed on
Sep 17, 2003
Sold by
Smith Kristen L
Bought by
Smith Kristen L and Scahill Garrett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2003
Sold by
Paul Carol and Paul Rudy
Bought by
Smith Kristen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Solarcrest A3 Llc $1,200,000 None Available
Momchil V Michailov Revocable Trust $720,000 Heritage Title
Cramer Larry R $710,000 Land Title Guarantee Company
Olsen Rys $600,000 Land Title Guarantee Company
Scahill Garrett -- Land Title Guarantee Company
Smith Kristen L -- Land Title Guarantee Company
Smith Kristen L $305,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cramer Larry R $568,000
Previous Owner Olsen Rys $400,000
Previous Owner Olsen Rys $140,000
Previous Owner Smith Kristen L $244,000
Previous Owner Paul Carol $280,000
Previous Owner Paul Carol $240,000
Previous Owner Paul Rudy $58,149
Closed Smith Kristen L $30,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2016 04/29/16 Sold $720,000 -6.5% $514 / Sq Ft
04/02/2016 04/02/16 Pending -- -- --
01/29/2016 01/29/16 For Sale $770,000 -- $550 / 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 $3,598 $75,650 -- $75,650
2023 $3,598 $75,650 $0 $75,650
2022 $2,965 $57,700 $0 $57,700
2021 $3,053 $59,360 $0 $59,360
2020 $2,873 $56,600 $0 $56,600
2019 $2,882 $56,600 $0 $56,600
2018 $2,564 $49,350 $0 $49,350
2017 $2,551 $49,350 $0 $49,350
2016 $1,447 $28,290 $0 $28,290
2015 -- $28,290 $0 $28,290
2014 $1,172 $24,920 $0 $24,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 925583

Vail Multi-List Service

APN: R033323