NOT LISTED FOR SALE

Fallridge 1650 Fallridge Rd Unit 406 Vail, CO 81657

Estimated Value: $2,107,492 - $2,971,000

3 Beds
3 Baths
1,829 Sq Ft
$1,256/mo HOA Fee

Last Sold September 30, 2020

Last sale price $1,375,000 $752 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $14,471/month

56 Days on Market

Highlights

  • On Golf Course
  • Outdoor Pool
  • Clubhouse
  • Fishing
  • View of Trees or Woods
  • Deck

About This Home

As of September 2020

Do you dream of owning a mountain property with outstanding views from every room and the space to sleep and entertain friends and family? You've hit the jackpot! Nestled in an Aspen Grove, just over a mile from Vail Village, you will find this spacious 3 bedroom, 3 bath penthouse with striking views of the snowcapped peaks of the Gore Range out of every room. Being offered fully furnished, turnkey, the condo currently sleeps 8 in bedrooms, but could easily accommodate 10 people and would be a fantastic mountain escape or rental property (rental estimates around 64K/ year). Two outdoor living spaces make this property even more special. Every room has access to the deck and is the perfect spot for morning coffee. The oversized patio is waiting for your party! Currently set up with both a seating and dining area the entertaining options are endless. There is also additional enclosed storage off the patio and room to store the wood for the indoor wood burning fireplace.

Fallridge is just steps from the free Town of Vail bus and a short ride to Villages of Vail and Lionshead and their ski slopes. On site you will enjoy a pool, hot tub, underground parking, tons of storage and a front desk. The complex is located on the first tee of Vail's 18- hole PGA Championship golf course and only a short walk to the clubhouse. A centralized Vail location allows you to easily connect with extensive hiking and biking trails from just outside your door. *All utilities (with the exception of electric) including internet and patio snow removal are included in the HOA dues, cable is 450/ year, one time fee. Schedule a visit today!

Last Listed By

Jennifer Coulson

Coldwell Banker Distinctive Properties License #II40026892 Listed on: 06/20/2020

Coldwell Banker Distinctive Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,477

Year Built

  • Built in 1974

Lot Details

  • 1,307

HOA Fees

  • $1,256 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Uncovered Parking
  • Unassigned Parking

Property Views

  • Woods
  • Mountain
  • Valley

Home Design

  • Poured Concrete
  • Synthetic Roof
  • Metal Siding
  • Steel Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,829 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Wood Burning Fireplace
  • Washer and Dryer

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Outdoor Pool
  • Deck
  • Patio

Utilities

  • No Cooling
  • Baseboard Heating
  • Municipal Utilities District Water
  • Phone Available
  • Cable TV Available

Additional Features

  • On Golf Course
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 210109102060
  • Seller Concessions Not Offered

Community Details

Overview

  • Association fees include common area maintenance, gas, insurance, management, sewer, snow removal, taxes, telephone, trash, water
  • 72 Units
  • Fall Ridge Condo Subdivision

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,477

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,256 per month

Parking

1

Listing Details

  • Association HOA Fee: 1255.6
  • HOA Fee Frequency: Monthly
  • Entry Level: 4
  • Unit Levels: One
  • Lot Size Acres: 0.03
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Building Stories: 4
  • Average Monthly Electric Expenses: 42.44
  • Utility Expenses Water Sewer Included In HOA: Yes
  • Year Built: 1974
  • Road Surface Type: All Year
  • Subdivision Name: Fall Ridge Condo
  • Garage Yn: Yes
  • Tax Parcel Letter: Yes
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Entry Location: 1
  • Fireplace Features: Wood Burning
  • Furnished: Furnished
  • Interior Amenities: Fireplace - Wood, Patio, Wired for Cable
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer, Washer/Dryer
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Living Area: 1829.0
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Range: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:WasherDryer: Yes
  • Interior Features:Fireplace - Wood: Yes
  • Interior Features:Wired for Cable: Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances Included:Range Hood: Yes
  • Interior Features:Patio: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Patio And Porch Features: Deck, Patio
  • Roof: Synthetic
  • View: Mountain(s), Trees/Woods, Valley
  • Lot Features: Near Public Transit, On Golf Course
  • Pool Features: Outdoor Pool
  • Construction Type: Metal Siding, Stucco
  • Foundation Details: Concrete Perimeter, Poured in Place
  • Patio and Porch Features:Deck: Yes
  • Construction:Steel Siding: Yes
  • Patio and Porch Features:Patio2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Uncovered Unassigned, Underground
  • Total Parking Spaces: 1.0
  • General Info:Garage2: Yes
  • Parking:Assigned: Yes
  • Parking:Underground: Yes
  • General Info:_pound_ of Garage Stalls: 1.0
  • Parking:Uncovered Unassigned: Yes

Utilities

  • Cooling: None
  • Heating: Baseboard, Electric
  • Sewer: Sewer Connected
  • Water Source: District Water, Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Snow Removal, Trash, Water Available
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Clubhouse, Cross Country Trail(s), Fishing, Golf, On Site Management, Pool, Tennis Court(s), Trail(s)
  • Amenities: Front Desk, On Site Management, Pool, Spa/Hot Tub, See Remarks
  • Association Fee: 1255.6
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Association/Amenities

  • HOAComm Amenities:Front Desk: Yes
  • HOAComm Amenities:On Site Management: Yes
  • HOAComm Amenities:Pool2: Yes
  • HOAComm Amenities:SpaHot Tub2: Yes
  • AssociationHOA Fee Includes:Common Area Maintenance: Yes
  • AssociationHOA Fee Includes:Management: Yes
  • AssociationHOA Fee Includes:Sewer: Yes
  • AssociationHOA Fee Includes:Snow Removal2: Yes
  • AssociationHOA Fee Includes:Water: Yes
  • AssociationHOA Fee Includes:Gas2: Yes
  • AssociationHOA Fee Includes:Insurance: Yes
  • AssociationHOA Fee Includes:Taxes3: Yes
  • AssociationHOA Fee Includes:Telephone: Yes
  • HOAComm Amenities:See Remarks17: Yes
  • Keywords Info:Association YN: Yes
  • AssociationHOA Fee Includes:Trash2: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Gas, Insurance, Management, Sewer, Snow Removal, Taxes, Telephone, Trash, Water

Lot Info

  • Lot Size Sq Ft: 1176.0
  • Parcel #: 210109102060
  • Land Lease: No
  • Zoning: Multifamily
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 72

Tax Info

  • Tax Annual Amount: 3477.24
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2020
Closed on
Sep 30, 2020
Sold by
Michael L Wolfson 2013 Revocable Trust
Bought by
Qbp Holdings Llc
Seller's Agent
Jennifer Coulson
Coldwell Banker Distinctive Properties
Buyer's Agent
Theresa Smith
Ron Byrne & Associates R.E.
List Price
$1,450,000
Sold Price
$1,375,000
Premium/Discount to List
-$75,000
-5.17%
Total Days on Market
56
Current Estimated Value
$2,397,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,022,623
Avg. Annual Appreciation
12.82%

Purchase Details

Closed on
Mar 17, 2017
Sold by
Wolfson Michael I and Wolfson Ellen N
Bought by
Michael I Wolfson 2013 Revocable Trust

Purchase Details

Closed on
Jul 6, 2001
Sold by
Ochoa Oscar and Deochoa Susana Martinez
Bought by
Wolfson Michael I and Wolfson Ellen N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,400
Interest Rate
6.62%

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
Qbp Holdings Llc $1,375,000 Land Title Guarantee
Michael I Wolfson 2013 Revocable Trust -- None Available
Wolfson Michael I $600,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wolfson Michael I $462,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $1,375,000 -5.2% $752 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $1,450,000 -- $793 / 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 $5,897 $123,990 -- $123,990
2023 $5,897 $123,990 $0 $123,990
2022 $3,814 $74,210 $0 $74,210
2021 $3,927 $76,350 $0 $76,350
2020 $3,466 $68,290 $0 $68,290
2019 $3,477 $68,290 $0 $68,290
2018 $4,067 $78,290 $0 $78,290
2017 $4,047 $78,290 $0 $78,290
2016 $3,828 $74,860 $0 $74,860
2015 -- $74,860 $0 $74,860
2014 $2,943 $62,600 $0 $62,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 1000210

Vail Multi-List Service

APN: R007931