NOT LISTED FOR SALE

1511 Point Dr Unit 201 Frisco, CO 80443

Estimated Value: $732,000 - $807,000

2 Beds
2 Baths
1,026 Sq Ft
$364/mo HOA Fee

Last Sold October 19, 2018

Last sale price $435,000 $424 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,615/month

Highlights

  • Mountain View
  • Vaulted Ceiling
  • Public Transportation
  • Property is near public transit
  • 1 Car Attached Garage
  • 1-Story Property

About This Home

As of October 2018

Your blank canvas awaits to create your very own mountain retreat. Priced well below recent sales to allow for potential equity after your improvements. Rare fixer-upper in the Frisco market and priced to reflect the opportunity. Top floor vaulted ceilings, corner unit offers 2 decks, private attached 1-car garage and a washer/dryer. Bring your creative thoughts with you. Recent same complex relevant sales at 480 and 495 show the value here and what your efforts could be worth. Sold as-is.

Last Agent to Sell the Property

Eric Klein

Slifer Smith & Frampton R.E. License #FA40028087 Listed on: 08/17/2018

Co-Listed By

Kelsey Withrow

Slifer Smith & Frampton R.E. License #FA100051069

Last Buyer's Agent

Eric Klein

Slifer Smith & Frampton R.E. License #FA40028087 Listed on: 08/17/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,302

Year Built

  • Built in 1995

Lot Details

  • 8.18

HOA Fees

  • $364 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Entry on the 2nd floor
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,026 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Mountain Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 6500323

Community Details

Overview

  • Association fees include common area maintenance, common areas, cable TV, internet, sewer, snow removal, trash, water
  • Summit Resort Group Association
  • Villas At Prospect Point Subdivision

Amenities

  • Public Transportation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,302

Year Built

Built in 1995

Lot Details

0

HOA Fees

$364 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: 1498
  • Co List Office Phone: (970) 668-1550
  • Subdivision Name: VILLAS AT PROSPECT POINT
  • Directions: From Summit Boulevard in Frisco turn onto Dillon Dam Road. Turn Right onto Point Drive. Take the 3rd Right to Building 1511. Facing the building, residence is the upper left back corner end unit.
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: One
  • Year Built: 1995
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Fireplace, Vaulted Ceiling(s)
  • Living Area: 1026.0

Exterior Features

  • Lot Features: City Lot, Near Public Transit
  • View: Mountain(s)
  • View: Yes
  • Exclusions: Do Not Know
  • Construction Type: Wood Frame
  • Foundation Details: Poured
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage

Utilities

  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Trash Collection, Water Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None, Public Transportation
  • Association Fee: 364.0
  • Association Fee Frequency: Monthly
  • Association Name: Summit Resort Group
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Common Areas, Cable TV, Internet, Sewer, Snow Removal, Trash, Water

Lot Info

  • Parcel #: 6500323
  • Zoning Description: Planned Unit Development

Tax Info

  • Tax Annual Amount: 1302.27
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2018
Closed on
Oct 18, 2018
Sold by
Sylvia W Conway Living Trust
Bought by
Michaud Franklin S and Toczek Teresa M
Seller's Agent
Eric Klein
Slifer Smith & Frampton R.E.
Buyer's Agent
Eric Klein
Slifer Smith & Frampton R.E.
List Price
$435,000
Sold Price
$435,000
Current Estimated Value
$768,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,667
Avg. Annual Appreciation
8.44%
Original Mortgage
$230,000
Outstanding Balance
$201,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$567,667

Purchase Details

Closed on
Nov 13, 2013
Sold by
Conway Sylvia W
Bought by
Sylvia W Conway Living Trust

Purchase Details

Closed on
May 1, 2012
Sold by
Balbay Levon
Bought by
Balbay Connie Lynn
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
Michaud Franklin S $435,000 Stewart Title
Sylvia W Conway Living Trust -- None Available
Balbay Connie Lynn -- Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michaud Franklin S $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2018 10/19/18 Sold $435,000 0.0% $424 / Sq Ft
09/19/2018 09/19/18 Pending -- -- --
08/17/2018 08/17/18 For Sale $435,000 +58.9% $424 / Sq Ft
07/23/2012 07/23/12 Sold $273,750 0.0% $267 / Sq Ft View Prior Sale
06/23/2012 06/23/12 Pending -- -- --
05/17/2012 05/17/12 For Sale $273,750 -- $267 / Sq Ft
Source: Summit MLS

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 $2,733 $53,540 -- $53,540
2023 $2,733 $49,855 $0 $0
2022 $2,089 $36,064 $0 $0
2021 $2,108 $37,101 $0 $0
2020 $1,735 $32,583 $0 $0
2019 $1,711 $32,583 $0 $0
2018 $1,422 $26,246 $0 $0
2017 $1,302 $26,246 $0 $0
2016 $1,234 $24,501 $0 $0
2015 $1,196 $24,501 $0 $0
2014 $1,103 $22,316 $0 $0
2013 -- $22,316 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Summit MLS

MLS Number: S1010536

Summit MLS

APN: 6500323