NOT LISTED FOR SALE

1498 Spring Hill Ln Unit A Vail, CO 81657

Estimated Value: $3,688,000 - $7,613,000

5 Beds
4.5 Baths
3,153 Sq Ft
$1,862/Sq Ft Est. Value

Last Sold September 04, 2019

Last sale price $3,755,788 $1,191 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $32,114/month

17 Days on Market

Highlights

  • Golf Course Community
  • Indoor Spa
  • Clubhouse
  • Fitness Center
  • View of Trees or Woods
  • Deck

About This Home

As of September 2019

A sophisticated mountain modern renovation and gorgeous alpine views artfully combine with a highly desirable location in the Vail Golf Course neighborhood, making this home a must-see in Vail. The private setting features aspen-filled National Forest lands as your back yard. Steps to a free town bus stop, with Vail Village and the ski lifts just a quick hop away. The Vail Golf Club, Vail bike path and many of the valley's best hiking trails are but a few minutes from the front door.

Last Agent to Sell the Property

Led Gardner

Slifer Smith & Frampton- 230 Bridge Street License #EA40013807 Listed on: 06/15/2019

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,727

Year Built

  • Built in 1975

Lot Details

  • 9,148

Parking

  • 2 Car Garage

Property Views

  • Woods
  • Mountain

Home Design

  • Duplex
  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,153 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Indoor Spa
  • Washer and Dryer

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms

Location

  • Property is near public transit
  • City Lot

Utilities

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

Additional Features

  • Deck
  • 9,148 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 210109207009
  • Seller Concessions Not Offered

Community Details

Overview

  • Vail Valley 3 Subdivision

Amenities

  • Clubhouse
  • Community Center

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Trails
  • Snow Removal

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,727

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Unit Levels: Multi/Split
  • Lot Size Acres: 0.21
  • Property Access Months Accessible: 12
  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Building Stories: 3
  • Year Built: 1975
  • Road Surface Type: All Year
  • Subdivision Name: Vail Valley 3
  • Utilities Available:Sewer Connected: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Entry Location: 2
  • Fireplace Features: Gas
  • Furnished: Partially
  • Interior Amenities: Fireplace - Gas, Multi-Level, Spa/Hot Tub, Vaulted Ceiling(s)
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Wall Oven, Washer, Washer/Dryer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Stone, Wood
  • Living Area: 3153.0
  • Appliances Included:Dishwasher: Yes
  • Interior Features:Fireplace - Gas: Yes
  • Interior Features:Multi-Level: 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
  • Appliances Included:Wall Oven: Yes
  • Interior Features:SpaHot Tub: Yes
  • Neighborhood Features:Community Center: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • View: Mountain(s), Trees/Woods
  • Lot Features: Golf Course, Near Public Transit, City Lot
  • Construction Type: Frame, Other
  • Foundation Details: Concrete Perimeter
  • Construction:Frame: Yes
  • Patio and Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Other
  • Parking:Other6: Yes
  • General Info:_pound_ of Garage Stalls: 2.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Clubhouse, Community Center, Fitness Center, Golf, Near Public Transit, Tennis Court(s), Trail(s)
  • Amenities: See Remarks

Association/Amenities

  • HOAComm Amenities:See Remarks17: Yes

Lot Info

  • Lot Size Sq Ft: 9148.0
  • Parcel #: 210109207009
  • Land Lease: No
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 9727.32
  • Tax Year: 2018

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2019
Closed on
Sep 4, 2019
Sold by
Spring Hill Lane Llc
Bought by
Cherry Vail Llc
Seller's Agent
Led Gardner
Slifer Smith & Frampton- 230 Bridge Street
Buyer's Agent
Non Member
Non Member Office
List Price
$3,995,000
Sold Price
$3,755,788
Premium/Discount to List
-$239,212
-5.99%
Current Estimated Value
$5,870,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,114,284
Avg. Annual Appreciation
7.26%
Original Mortgage
$2,000,000
Outstanding Balance
$1,734,170
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,135,902

Purchase Details

Closed on
Feb 19, 2004
Sold by
Grimaldi Giovanni and Grimaldi Chrisanne
Bought by
Spring Hill Lane Llc

Purchase Details

Closed on
Jun 28, 2001
Sold by
Patricia A Stevinson Qualified Personal
Bought by
Grimaldi Giovanni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$962,500
Interest Rate
6.5%

Purchase Details

Closed on
Jun 26, 2001
Sold by
Grimaldi Giovanni
Bought by
Grimaldi Giovanni and Grimaldi Chrisanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$962,500
Interest Rate
6.5%

Purchase Details

Closed on
Sep 5, 1995
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cherry Vail Llc $3,755,788 Land Title Guarantee Co
Spring Hill Lane Llc $1,550,000 Land Title Guarantee Company
Grimaldi Giovanni $1,375,000 Stewart Title
Grimaldi Giovanni -- Stewart Title
-- $1,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cherry Vail Llc $2,000,000
Previous Owner Grimaldi Giovanni $962,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2019 09/04/19 Sold $3,755,788 -6.0% $1,191 / Sq Ft
07/02/2019 07/02/19 Pending -- -- --
06/15/2019 06/15/19 For Sale $3,995,000 -- $1,267 / 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 $17,033 $358,120 $193,690 $164,430
2023 $17,033 $358,120 $193,690 $164,430
2022 $11,669 $227,070 $173,130 $53,940
2021 $12,015 $233,600 $178,110 $55,490
2020 $10,486 $206,610 $184,260 $22,350
2019 $10,520 $206,610 $184,260 $22,350
2018 $9,727 $187,240 $136,070 $51,170
2017 $9,680 $187,240 $136,070 $51,170
2016 $11,563 $226,140 $150,430 $75,710
2015 -- $226,140 $150,430 $75,710
2014 -- $205,560 $82,050 $123,510
Source: Public Records

Agents Affiliated with this Home

  • Led Gardner

    Seller's Agent in 2019

    Led Gardner

    Slifer Smith & Frampton- 230 Bridge Street

    (970) 376-0223

    19 in this area

    51 Total Sales

    Led Gardner
    Section Image

  • N

    Buyer's Agent in 2019

    Non Member

    Non Member Office

See All Agents

Map

Source: Vail Multi-List Service

MLS Number: 935169

Vail Multi-List Service

APN: R001378

Colorado Eagle County Vail 81657

1498 Spring Hill Ln Unit A, Vail, CO

Not Listed for Sale

MultiFamily

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