NOT LISTED FOR SALE

1518 Spring Hill Ln Unit W Vail, CO 81657

Estimated Value: $5,213,000 - $9,924,567

4 Beds
4.5 Baths
3,229 Sq Ft
$2,504/Sq Ft Est. Value

Last Sold March 28, 2019

Last sale price $4,700,000 $1,456 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $45,323/month

252 Days on Market

Highlights

  • On Golf Course
  • Property is near public transit
  • No HOA
  • Deck
  • Wood Flooring
  • Trails

About This Home

As of March 2019

Nestled in the Vail Golf Course neighborhood bordering National Forest this 4-bedroom residence is a true alpine escape. Only used a few weeks a year and never rented, this immaculately maintained Turnipseed built home still maintains that new construction feel. Exceptional craftsmanship throughout with a comfortable floor plan perfect for entertaining. Designer furnished, elevator and en-suite bathrooms make this home the complete package for the Vail lifestyle. mls.1518springhillvail.com

Last Agent to Sell the Property

Tom Dunn

LIV Sotheby's Int. Realty-Vail Mountain Haus Listed on: 04/07/2018

Co-Listed By

Tye Stockton

LIV Sotheby's Int. Realty-Vail Mountain Haus

Last Buyer's Agent

Steven MacDonald

Coldwell Banker Devonshire

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,980

Year Built

  • Built in 2005

Lot Details

  • 6,534 Sq Ft Lot
  • On Golf Course

Parking

  • 2 Car Garage

Property Views

  • Golf Course
  • Woods
  • Mountain
  • Valley

Home Design

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

Interior Spaces

  • 3,229 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Partially Furnished
  • Gas Fireplace
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Radiant Heating System
  • Phone Available
  • Cable TV Available

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 15W / 3
  • Assessor Parcel Number 210109101026
  • Seller Concessions Offered

Community Details

Overview

  • No Home Owners Association
  • Vail Valley Subdivision

Recreation

  • Golf Course Community
  • Trails

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,980

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Lot Size Acres: 0.15
  • Property Access Months Accessible: 12
  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Building Stories: 3
  • Year Built: 2005
  • Road Surface Type: All Year
  • Subdivision Name: Vail Valley
  • Tax Parcel Letter: Yes
  • Percent Basement Finished: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Has Basement: Finished
  • Entry Location: 2
  • Fireplace Features: Gas
  • Furnished: Partially
  • Interior Amenities: Elevator, Fireplace - Gas
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Living Area: 3229.0
  • Appliances Included:Dishwasher: Yes
  • Interior Features:Fireplace - Gas: Yes
  • Fireplace Features:Gas3: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave: Yes
  • Interior Features:Elevator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • View: Golf Course, Mountain(s), Trees/Woods, Valley
  • Lot Features: Near Public Transit, On Golf Course
  • Construction Type: Stone, Stucco
  • 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: None
  • Heating: Radiant
  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Trash
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Golf, Trail(s)
  • Amenities: None

Association/Amenities

  • HOAComm Amenities:None2: Yes

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Parcel #: 210109101026
  • Land Lease: No
  • Zoning: PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 15980.0
  • Tax Block: 3
  • Tax Lot: 15W
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2018
Closed on
Mar 28, 2019
Sold by
Garcia Gonazalez Francisco
Bought by
Rakowski Atchison Thomas and Rakowski Atchison Ellen
Seller's Agent
Tom Dunn
LIV Sotheby's Int. Realty-Vail Mountain Haus
Buyer's Agent
Steven MacDonald
Coldwell Banker Devonshire
List Price
$4,995,000
Sold Price
$4,700,000
Premium/Discount to List
-$295,000
-5.91%
Current Estimated Value
$8,086,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,386,392
Avg. Annual Appreciation
8.65%
Original Mortgage
$3,525,000
Outstanding Balance
$3,099,102
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$4,987,290

Purchase Details

Closed on
Mar 22, 2007
Sold by
Stevenson Vail Properties Llc
Bought by
Gonzalez Francisco Garcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
6.3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 3, 2005
Sold by
Stevenson Ray
Bought by
Stevenson Vail Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,015,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2004
Sold by
Houtsma John C and Houtsma Bobbi Ann
Bought by
Stevenson Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,015,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2003
Sold by
Billingsley Lucy
Bought by
Houtsma John C and Houtsma Bobbi Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.25%
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
Rakowski Atchison Thomas $4,700,000 Land Title Guarantee
Gonzalez Francisco Garcia $4,000,000 Land Title Guarantee Company
Stevenson Vail Properties Llc -- --
Stevenson Ray $2,500,000 Land Title
Houtsma John C $1,750,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rakowski Atchison Thomas $3,525,000
Previous Owner Gonzalez Francisco Garcia $2,800,000
Previous Owner Stevenson Ray $2,015,000
Previous Owner Houtsma John C $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2019 03/28/19 Sold $4,700,000 -5.9% $1,456 / Sq Ft
12/15/2018 12/15/18 Pending -- -- --
04/07/2018 04/07/18 For Sale $4,995,000 -- $1,547 / 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 $27,384 $575,760 $184,310 $391,450
2023 $27,384 $575,760 $184,310 $391,450
2022 $16,978 $330,380 $164,110 $166,270
2021 $17,482 $339,890 $168,840 $171,050
2020 $17,305 $340,980 $174,660 $166,320
2019 $17,362 $340,980 $174,660 $166,320
2018 $16,059 $309,110 $128,980 $180,130
2017 $15,980 $309,110 $128,980 $180,130
2016 $13,692 $267,770 $142,590 $125,180
2015 -- $267,770 $142,590 $125,180
2014 $12,912 $274,650 $77,780 $196,870
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Tom Dunn

    LIV Sotheby's Int. Realty-Vail Mountain Haus

  • T

    Seller Co-Listing Agent in 2019

    Tye Stockton

    LIV Sotheby's Int. Realty-Vail Mountain Haus

  • S

    Buyer's Agent in 2019

    Steven MacDonald

    Coldwell Banker Devonshire

  • Steve MacDonald

    Buyer's Agent in 2019

    Steve MacDonald

    Coldwell Banker Mtn Properties

    (970) 390-0230

    10 in this area

    31 Total Sales

    Steve MacDonald
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Map

Source: Vail Multi-List Service

MLS Number: 931963

Vail Multi-List Service

APN: R059368

Colorado Eagle County Vail 81657

1518 Spring Hill Ln Unit W, Vail, CO

This home is located at 1518 Spring Hill Ln Unit W, Vail, CO 81657 since 07 April 2018 and is currently estimated at $8,086,392, approximately $2,504 per square foot. This property was built in 2005. 1518 Spring Hill Ln Unit W is a home located in Eagle County with nearby schools including Red Sandstone Elementary School, Battle Mountain High School, and Vail Mountain School.

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