NOT LISTED FOR SALE

16 Vail Rd Unit 505 Vail, CO 81657

Estimated Value: $2,608,000 - $4,686,880

3 Beds
3 Baths
1,831 Sq Ft
$3,032/mo HOA Fee

Last Sold October 28, 2020

Last sale price $1,036,188 $566 Per Sq Ft

Est. 258% increase in value since last sale

Current estimated payment $24,585/month

28 Days on Market

Highlights

  • Views of Ski Resort
  • Outdoor Pool
  • Deck
  • Fitness Center
  • Ski Trails
  • 3-minute walk to Ford Park

About This Home

As of October 2020

Rare, once in a lifetime opportunity at The Sebastian in Vail Village. Penthouse Residence #505 is being offered with multiple consecutive fixed ski weeks including coveted Xmas and New Year's weeks PLUS an additional 2 floating winter weeks, 2 floating summer weeks, unlimited space available vacations

The fixed weeks or Sebastian Club Estate weeks are:
Wk 49 Dec. 12-19, 2020
Xmas: Dec. 19-27, 2020
New Years: Dec. 27-Jan. 9, 2021
Wk 1: Jan. 9-Jan 16, 2021

Float weeks for 2021:
Feb. 6 -13, 2021
Aug 7-14, 2021
Aug 14-21, 2021

Because the Xmas and NY weeks at The Sebastian are typically more than 7 days, you will have a min. of 5 consecutive ski weeks every year including both the holiday weeks. If you don't want to be in Vail for 5 weeks at a time, No Worries! You can purchase a TRP membership separately and trade your time in Vail to visit other Timbers destinations or rent your spacious 3 bdrm home and off-set the costs of ownership.

Ownership at The Sebastian includes slope-side ski valet services at BaseCamp, year-round storage of your ski/ride equipment and your personal belongings, private owner's lounge and discounts at Bloom Spa

Why spend upwards of $4M for a full ownership condo in Vail Village when you can have the prime vacation time you want, the services you deserve and someone else to worry about the maintenance?

Last Agent to Sell the Property

Terry Melendy

Terry Melendy, Broker License #IA40033449 Listed on: 09/08/2020

Last Buyer's Agent

Eustaquio Cortina

Ron Byrne & Associates R.E. License #01120155

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,490

Year Built

  • Built in 2007

Lot Details

  • 871

HOA Fees

  • $3,032 Monthly HOA Fees

Property Views

  • Ski Resort
  • Views to the South
  • Mountain

Home Design

  • Fractional Ownership
  • Poured Concrete
  • Foam Insulation
  • Slate Roof
  • Stucco
  • Stone

Interior Spaces

  • 1,831 Sq Ft Home
  • Furnished
  • Gas Fireplace
  • Washer and Dryer

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • Garage
  • Heated Garage
  • Unassigned Parking

Outdoor Features

  • Outdoor Pool
  • Deck
  • Patio

Location

  • Property is near public transit
  • City Lot

Utilities

  • Forced Air Heating and Cooling System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 210108285049
  • Seller Concessions Not Offered

Community Details

Overview

  • Association fees include cable TV, common area maintenance, electricity, gas, heat, insurance, internet, management, sewer, snow removal, taxes, telephone, trash, water, furniture replacement
  • 36 Units
  • The Sebastian Subdivision
  • 6-Story Property

Amenities

  • Shuttle

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Trails
  • Ski Trails
  • Snow Removal

Pet Policy

  • No Pets Allowed

Security

  • Front Desk in Lobby
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,490

Year Built

Built in 2007

Lot Details

0

HOA Fees

$3,032 per month

Listing Details

  • Association HOA Fee: 36384.74
  • HOA Fee Frequency: Annually
  • Entry Level: 5
  • Financing Other Transfer Expense: 3500.0
  • Unit Levels: Two
  • Lot Size Acres: 0.02
  • Property Sub Type: Condominium
  • Prop. Type: Partial Ownership
  • Building Stories: 6
  • Utility Expenses Water Sewer Included In HOA: Yes
  • Year Built: 2007
  • Road Surface Type: All Year
  • Subdivision Name: The Sebastian
  • Garage Yn: Yes
  • Tax Parcel Letter: Yes
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Entry Location: 1
  • Fireplace Features: Gas
  • Furnished: Furnished
  • Interior Amenities: Elevator, Fireplace - Gas, Multi-Level, Patio
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Washer/Dryer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Living Area: 1831.0
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Range: Yes
  • Appliances Included:Refrigerator: Yes
  • Interior Features:Fireplace - Gas: Yes
  • Interior Features:Multi-Level: Yes
  • Fireplace Features:Gas3: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:WasherDryer: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Patio: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Patio And Porch Features: Deck
  • Roof: Slate
  • View: Mountain(s), Ski Slopes, South Facing
  • Lot Features: Near Public Transit, City Lot, Walk to Slopes
  • Pool Features: Outdoor Pool
  • Construction Type: Stone, Stucco
  • Foundation Details: Poured in Place
  • Patio and Porch Features:Deck: Yes
  • Construction:Foam Insulation: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Heated Garage, Unassigned
  • Total Parking Spaces: 1.0
  • General Info:Garage2: Yes
  • Parking:Heated Garage: Yes
  • Parking:Unassigned: Yes

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Snow Removal, Trash, Water Available
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Fitness Center, Near Public Transit, On Site Management, Pool, Shuttle Service, Trail(s)
  • Amenities: Fitness Center, Front Desk, On Site Management, Pool, Shuttle Service, Spa/Hot Tub
  • Association Fee: 36384.74
  • Association Fee Frequency: Annually
  • Pets Allowed: No

Association/Amenities

  • HOAComm Amenities:Fitness Center: Yes
  • HOAComm Amenities:Front Desk: Yes
  • HOAComm Amenities:On Site Management: Yes
  • HOAComm Amenities:Pool2: Yes
  • HOAComm Amenities:Shuttle Service: Yes
  • HOAComm Amenities:SpaHot Tub2: Yes
  • AssociationHOA Fee Includes:Cable TV: Yes
  • AssociationHOA Fee Includes:Common Area Maintenance: Yes
  • AssociationHOA Fee Includes:Internet: Yes
  • AssociationHOA Fee Includes:Management: Yes
  • AssociationHOA Fee Includes:Sewer: Yes
  • AssociationHOA Fee Includes:Snow Removal2: Yes
  • AssociationHOA Fee Includes:Water: Yes
  • Documents:Association Documents: Yes
  • AssociationHOA Fee Includes:Electricity: Yes
  • AssociationHOA Fee Includes:Gas2: Yes
  • AssociationHOA Fee Includes:Heat: Yes
  • AssociationHOA Fee Includes:Insurance: Yes
  • AssociationHOA Fee Includes:Taxes3: Yes
  • AssociationHOA Fee Includes:Telephone: Yes
  • AssociationHOA Fee Includes:Furniture Replacement: Yes
  • Keywords Info:Association YN: Yes
  • AssociationHOA Fee Includes:Trash2: Yes

Fee Information

  • Association Fee Includes: Cable TV, Common Area Maintenance, Electricity, Gas, Heat, Insurance, Internet, Management, Sewer, Snow Removal, Taxes, Telephone, Trash, Water, Furniture Replacement

Lot Info

  • Lot Size Sq Ft: 871.0
  • Parcel #: 210108285049
  • Land Lease: No
  • Zoning: PUD
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 36

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2024
Sold by
Ferruco Vail Ventures Llc
Bought by
Jourdan Michael K and Jourdan Ana L
Current Estimated Value
$3,713,960

Purchase Details

Closed on
Sep 6, 2024
Sold by
Talley Steven K and Leacox Jeffrey G
Bought by
Nymoe Holdings Llc

Purchase Details

Closed on
Jul 10, 2024
Sold by
Ferruco Vail Ventures Llc
Bought by
Fame Ventures Llc

Purchase Details

Closed on
Apr 21, 2023
Sold by
Sebastian 505 Llc
Bought by
Pietrini Luis Ernesto
Source: Public Records

Range of Values:

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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
Jourdan Michael K $375,000 Land Title
Nymoe Holdings Llc $355,000 Land Title Guarantee
Fame Ventures Llc $355,000 Land Title Guarantee
Fame Ventures Llc $355,000 Land Title Guarantee
Pietrini Luis Ernesto $900,000 Land Title Guarantee
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2020 10/28/20 Sold $1,036,188 -13.7% $566 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $1,200,000 +77.8% $655 / Sq Ft
05/25/2013 05/25/13 Sold $675,000 -24.2% $369 / Sq Ft
05/25/2013 05/25/13 Pending -- -- --
07/18/2012 07/18/12 For Sale $890,000 -- $486 / 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 $12,490 $252,930 -- $252,930
2023 $12,490 $262,610 $0 $262,610
2022 $12,609 $245,370 $0 $245,370
2021 $13,385 $260,230 $0 $260,230
2020 $12,624 $248,740 $0 $248,740
2019 $13,661 $268,290 $0 $268,290
2018 $11,632 $223,910 $0 $223,910
2017 $11,576 $223,910 $0 $223,910
2016 $10,523 $205,800 $0 $205,800
2015 -- $205,800 $0 $205,800
2014 $8,534 $181,510 $0 $181,510
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Terry Melendy

    Terry Melendy, Broker

  • Eustaquio Cortina

    Buyer's Agent in 2020

    Eustaquio Cortina

    Ron Byrne & Associates R.E.

    (970) 376-6192

    26 in this area

    30 Total Sales

    Eustaquio Cortina
    Section Image

  • K

    Seller's Agent in 2013

    Keith Marlow

    Timbers Real Estate Co - Vail

  • J

    Buyer's Agent in 2013

    Jason Thomas

    Timbers Real Estate Co - Vail

See All Agents

Map

Source: Vail Multi-List Service

MLS Number: 1001109

Vail Multi-List Service

APN: R060333

Colorado Eagle County Vail 81657

16 Vail Rd Unit 505, Vail, CO

This home is located at 16 Vail Rd Unit 505, Vail, CO 81657 since 08 September 2020 and is currently estimated at $3,713,960, approximately $2,028 per square foot. This property was built in 2007. 16 Vail Rd Unit 505 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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