NOT LISTED FOR SALE

1498 Spring Hill Ln Unit B Vail, CO 81657

Estimated Value: $5,143,000 - $5,890,000

5 Beds
5 Baths
3,605 Sq Ft
$1,551/Sq Ft Est. Value

Last Sold March 01, 2024

Last sale price $5,000,000 $1,387 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $32,488/month

232 Days on Market

Highlights

  • On Golf Course
  • Fishing
  • View of Trees or Woods
  • Spa
  • Sauna
  • Clubhouse

About This Home

As of March 2024

Welcome to this beautiful Vail home in the coveted Vail Golf Course neighborhood. Situated against the mountain in a stunning aspen grove, this wonderful duplex has 5 bedrooms, 5 baths, an office, elevator, and two outdoor living areas on connected decks that provide for incredible outdoor enjoyment. The home takes in abundant natural light through floor to ceiling windows and across the spacious living, kitchen and dining areas. With two seating areas in the living room, a large dining area and bar seating at the large kitchen island, take advantage of entertaining family and friends in the inviting spaces of this home. The elevator offers the perfect convenience to bring groceries from the garage to the kitchen; access to your indoor sauna and the outdoor hot tub, while also providing easy access to the primary bedroom where you can take in the views of the surrounding aspen forest and mountains. The secondary bedroom has an en suite bathroom and feels immersed in the solitude of the aspens with windows on 2 sides opening to the forest. There are 3 additional guest bedrooms and an office off of the kitchen area. The owners have done a variety of updates over the past few years including the elevator, a new roof, 2 high efficiency boilers, Level II EV charger in the garage and more. Live within walking distance to the Vail Golf Course and Clubhouse for year-round recreation including golf, nordic skiing, snowshoeing, and dining as well as easy access via the the free Town of Vail bus which is steps away and will provide quick access to the ski slopes in the wintertime and to the Betty Ford Gardens, Ford Amphitheatre, Vail Village and Lionshead to enjoy the incredible Mountain summers.

Last Agent to Sell the Property

Corey Lamothe

LIV Sotheby's Int. Realty- Vail Bridge Street Brokerage Phone: 303-918-1644 License #FA40040135 Listed on: 12/04/2023

Co-Listed By

Melanie Dennis

LIV Sotheby's Int. Realty- Vail Bridge Street Brokerage Phone: 303-918-1644 License #FA100026530

Last Buyer's Agent

Malia Nobrega

LIV Sothebys Intl Realty Edwards Riverwalk

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,112

Year Built

  • Built in 1975

Lot Details

  • 8,929 Sq Ft Lot
  • On Golf Course

Parking

  • 1 Car Attached Garage
  • Surface Parking

Property Views

  • Woods
  • Mountain

Home Design

  • Duplex
  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,605 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Sauna
  • Washer and Dryer

Kitchen

  • Built-In Electric Oven
  • Cooktop<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Spa
  • Deck

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 16 / 3
  • Assessor Parcel Number 210109207010
  • Seller Concessions Not Offered

Community Details

Overview

  • No Home Owners Association
  • Vail Valley 3 Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fishing
  • Trails
  • Snow Removal

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,112

Year Built

Built in 1975

Lot Details

0

Parking

1

Listing Details

  • Unit Levels: Three Or More
  • Lot Size Acres: 0.2
  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Building Stories: 2
  • Average Monthly Electric Expenses: 164.0
  • Average Monthly Gas Expenses: 168.0
  • Monthly Water Expense: 89.0
  • Year Built: 1975
  • Road Surface Type: All Year
  • Subdivision Name: Vail Valley 3
  • Garage Yn: Yes
  • Tax Parcel Letter: Yes
  • Attribution Contact: 303-918-1644
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Entry Location: 1
  • Fireplace Features: Gas
  • Furnished: Unfurnished
  • Interior Amenities: Fireplace - Gas, Sauna, Spa/Hot Tub
  • Appliances: Built-In Electric Oven, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer, Wine Cooler, See Remarks
  • Full Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Living Area: 3605.0
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Interior Features:Fireplace - Gas: Yes
  • Fireplace Features:Gas3: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Built-In Electric Oven: Yes
  • Appliances Included:See Remarks8: Yes
  • Appliances Included:Cooktop: Yes
  • Interior Features:SpaHot Tub: Yes
  • Interior Features:Sauna: Yes
  • Appliances Included:Wine Cooler: Yes

Exterior Features

  • Patio And Porch Features: Deck
  • Roof: Asphalt, See Remarks
  • View: Mountain(s), Trees/Woods, See Remarks
  • Lot Features: Near Public Transit, On Golf Course, See Remarks
  • Construction Type: Wood Siding
  • Foundation Details: Concrete Perimeter, Poured in Place
  • Construction:Frame: Yes
  • Patio and Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Attached Garage, Surface
  • Total Parking Spaces: 2.0
  • General Info:Garage2: Yes
  • Parking Surface: Yes
  • General Info:_pound_ of Garage Stalls: 1.0
  • Parking:Attached Garage: Yes

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard, Natural Gas, See Remarks
  • Sewer: Sewer Connected
  • Water Source: Public
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Snow Removal, Trash, Water Available, See Remarks
  • Heating:Baseboard: Yes
  • Heating:Natural Gas: Yes
  • Heating:See Remarks11: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Clubhouse, Cross Country Trail(s), Fishing, Golf, Near Public Transit, Tennis Court(s), Trail(s), See Remarks
  • Pets Allowed: Yes

Association/Amenities

  • Keywords Info:Association YN: No

Lot Info

  • Current Use: None
  • Lot Size Sq Ft: 8929.0
  • Parcel #: 210109207010
  • Land Lease: No
  • Zoning: 27 - 2FAM
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 18111.6
  • Tax Block: 3
  • Tax Lot: 16
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2023
Closed on
Mar 1, 2024
Sold by
Andrew B Kaufman Revocable Trust
Bought by
Willow Bridge Llc
Seller's Agent
Corey Lamothe
LIV Sotheby's Int. Realty- Vail Bridge Street
Buyer's Agent
Malia Nobrega
LIV Sothebys Intl Realty Edwards Riverwalk
List Price
$5,450,000
Sold Price
$5,000,000
Premium/Discount to List
-$450,000
-8.26%
Views
17
Current Estimated Value
$5,593,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$593,093
Avg. Annual Appreciation
8.53%

Purchase Details

Closed on
Jun 6, 2016
Sold by
Kaufman Andrew and Kaufman Lynn
Bought by
Andrew B Kaufman Revocable Trust

Purchase Details

Closed on
Apr 4, 2001
Sold by
Sears Francine Farkas
Bought by
Kaufman Andrew and Kaufman Lynn

Purchase Details

Closed on
May 27, 1994
Source: Public Records

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
Willow Bridge Llc $5,000,000 Land Title
Andrew B Kaufman Revocable Trust -- None Available
Kaufman Andrew $1,450,000 Land Title
-- $545,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willow Bridge Llc $16,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 Sold $5,000,000 -8.3% $1,387 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
12/04/2023 12/04/23 For Sale $5,450,000 0.0% $1,512 / Sq Ft
12/02/2023 12/02/23 Off Market $5,450,000 -- --
10/13/2023 10/13/23 Price Changed $5,450,000 -5.2% $1,512 / Sq Ft
09/05/2023 09/05/23 For Sale $5,750,000 0.0% $1,595 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
06/13/2023 06/13/23 For Sale $5,750,000 -- $1,595 / 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 $18,112 $327,970 $193,510 $134,460
2023 $18,112 $380,800 $193,800 $187,000
2022 $11,032 $214,670 $173,130 $41,540
2021 $11,359 $220,850 $178,110 $42,740
2020 $10,843 $213,660 $184,260 $29,400
2019 $10,879 $213,660 $184,260 $29,400
2018 $10,137 $195,120 $136,070 $59,050
2017 $10,087 $195,120 $136,070 $59,050
2016 $12,088 $236,410 $150,430 $85,980
2015 -- $236,410 $150,430 $85,980
2014 $7,859 $167,160 $82,050 $85,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 1007519

Vail Multi-List Service

APN: R001379