NOT LISTED FOR SALE

1774 Highway 66 Estes Park, CO 80517

Estimated Value: $2,179,855

7 Beds
7 Baths
8,188 Sq Ft
$266/Sq Ft Est. Value

Last Sold July 15, 2015

Last sale price $885,000 $108 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $16,768/month

94 Days on Market

Highlights

  • Sauna
  • Chalet
  • Wooded Lot
  • Waterfront
  • Multiple Fireplaces
  • Cathedral Ceiling

About This Home

As of July 2015

Incredible opportunity to own a quaint Rocky Mountain resort. Ideal set up with a main house for owner/care-taker plus 1 cabin and 3 charming cottages for vacation rentals. Main house features 2 levels plus a walk-out basement with its own kitchen. Cottages each have 2 bed/1.5 bath and full kitchen. Pond with pavilion in the center of the property could be stocked for fishing. Situated on the picturesque Big Thompson River (structures were NOT flooded in 2013). Additional 5-8 units possible.

Last Agent to Sell the Property

Thom Widawski

Verus Commercial, Inc. Listed on: 03/13/2015

Last Buyer's Agent

Trisha Wills

Mountain Paradise RE Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,315

Year Built

  • Built in 1975

Lot Details

  • 1.71 Acre Lot
  • Waterfront
  • Property fronts a highway
  • Partially Fenced Property
  • Lot Has A Rolling Slope
  • Wooded Lot

Property Views

  • Water
  • Mountain

Home Design

  • Chalet
  • Slab Foundation
  • Wood Frame Construction
  • Wood Roof

Interior Spaces

  • 8,188 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Gas Fireplace
  • Dining Room
  • Sauna
  • Eat-In Kitchen
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • 7 Bathrooms

Outdoor Features

  • Access to stream, creek or river
  • Separate Outdoor Workshop
  • Outdoor Storage

Schools

  • Estes Park Elementary And Middle School
  • Estes Park High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number R1223496

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Spanier Subdivision

Amenities

  • Community Storage Space

Building Details

  • Gross Income $171,000
  • Net Operating Income $103,735

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,315

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Year Built: 1975
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 1.71
  • Road Frontage Type: Highway
  • Road Surface Type: Asphalt
  • Subdivision Name: SPANIER
  • Architectural Style: Chalet
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 8188
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Single Family, Commercial, Additional Units
  • Private Spa: No
  • Appliances: All Appliances
  • Has Basement: Walk-Out Access
  • Total Bedrooms: 7
  • Fireplace Features: 2+ Fireplaces, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Separate Dining Room, Cathedral/Vaulted Ceilings, Walk-In Closet(s), Sauna
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Wood
  • Fencing: Partial
  • Lot Features: Fire Hydrant within 500 Feet, Wooded, Rolling Slope
  • View: Mountain(s), Water
  • Waterfront Features: Abuts Stream/Creek/River
  • Waterfront: Yes
  • Construction Type: Wood/Frame
  • Foundation Details: Slab
  • Other Structures: Workshop, Storage
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Estes Park
  • Heating: Hot Water, Baseboard
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: District Sewer
  • Water Source: Well
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Community Features: Extra Storage
  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Estes Park
  • HighSchool: Estes Park
  • Junior High Dist: Estes Park District
  • Middle Or Junior School: Estes Park

Lot Info

  • Zoning: A
  • Lot Size Sq Ft: 74488
  • Parcel #: R1223496
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: None

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 4315

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 171000
  • Annual Operating Expense: 67265

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2020
Sold by
Smith Donald F and Smith Linda Rae
Bought by
Johnston Jerome F and Johnston Jennifer L
Current Estimated Value
$2,179,855

Purchase Details

Listed on
Mar 13, 2015
Closed on
Jul 15, 2015
Sold by
Joyce R Bublitz Revocable Trust
Bought by
Landing Llc
Seller's Agent
Thom Widawski
Verus Commercial, Inc.
Buyer's Agent
Trisha Wills
Mountain Paradise RE Inc
List Price
$1,195,000
Sold Price
$885,000
Premium/Discount to List
-$310,000
-25.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$663,750
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 11, 2015
Sold by
Bublitz Joyce R and Bublitz Joyce Rachel
Bought by
Joyce R Bublitz Revocable Trust
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
Johnston Jerome F $620,000 None Available
Landing Llc $885,000 North American Title
Joyce R Bublitz Revocable Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Landing Llc $663,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $885,000 -- --
07/15/2015 07/15/15 Sold $885,000 -25.9% $108 / Sq Ft
06/15/2015 06/15/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $1,195,000 -- $146 / Sq Ft
Source: IRES 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
2025 $62,537 $887,646 $126,690 $760,956
2024 $61,830 $887,646 $126,690 $760,956
2022 $30,325 $406,812 $106,087 $300,725
2021 $30,281 $407,044 $106,219 $300,825
2020 $34,361 $455,136 $89,443 $365,693
2019 $21,068 $281,136 $89,443 $191,693
2018 $18,967 $245,284 $89,465 $155,819
2017 $20,545 $264,219 $89,465 $174,754
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 757593

IRES MLS

APN: 35341-12-004