NOT LISTED FOR SALE

179 Lake St Unit Y3 Avon, CO 81620

Estimated Value: $950,000 - $1,034,000

3 Beds
3 Baths
1,302 Sq Ft
$781/mo HOA Fee

Last Sold January 19, 2024

Last sale price $880,000 $676 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,547/month

40 Days on Market

Highlights

  • Outdoor Pool
  • High Ceiling
  • Bike Room
  • Waterfront
  • Covered patio or porch
  • 1-minute walk to Nottingham Park

About This Home

As of January 2024

This condo is located in a prime location of Vail Valley .Year round entertainment and adventure outdoors. WORLD CLASS SKI AREA Great location in the heart of Avon, Walking distance to restaurants, recreation center, library, Nottingham park/Lake/Beach/Amphitheater, Eagle River, Riverfront Gondola, free transportation, lots of hiking and biking trails. LIVE HERE LIKE YOUR ON VACATION top floor Vaulted ceilings with mountain views. Year round pool, 3 spas, sauna, tennis courts, front desk, ski shuttle, conference room.Perfect for SHORT TERM RENTALS. Condo set up with a lock off with its own entrance with a bath, kitchenette. It is currently rented, seller will credit back $25,000 for general repairs.NEW APPLIANCES, PLUMBING, WASHER, DRYER in unit. Lots of storage, 3 owner closets.
Avon Lake Villas Condominiums sets a new standard for affordability in Colorado’s Vail Valley. World class skiing at Vail and Beaver Creek ski area, endless hiking & biking opportunities, whitewater river rafting, and trout fishing in Nottingham Lake surround this property.
As an owner, you will also enjoy the private heated outdoor pool, three hot tubs, tennis courts, wading pool, and sauna that are on site. The spacious one, two, and three bedroom condos range in size from 760 to over 1900 square feet. Our private skier shuttles offer service to Beaver Creek’s Riverfront Gondola and to Lionshead in Vail.
Avon Lake Villas Condominium Association features cozy Condos to magnificent 4-bedroom condominiums. These fully furnished Vail area condos have a full kitchen, fireplace, washer and dryer, balcony or patio, voice mail, WiFi Internet, and cable/HBO.

Last Listed By

LEA NOVGRAD

SSC and Company LLC Brokerage Phone: 970-618-3368 License #100080422 Listed on: 11/02/2023

SSC and Company LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,075

Year Built

  • Built in 1980

Lot Details

  • Waterfront

HOA Fees

  • $781 Monthly HOA Fees

Parking

  • 3 Parking Spaces

Property Views

  • Water
  • Mountain

Interior Spaces

  • 1,302 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Wood Burning Fireplace

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer

Outdoor Features

  • Outdoor Pool
  • Balcony
  • Covered patio or porch

Schools

  • Eagle Valley Elementary And Middle School
  • Eagle Valley High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Exclusions: owner will provide list
  • Assessor Parcel Number R016454

Community Details

Overview

  • Association fees include cable TV, insurance, internet, ground maintenance, on-site check in, sewer, shuttle available, trash, water
  • Avon Lake Villas Association, Phone Number (970) 949-4840
  • Low-Rise Condominium
  • Avon Lake Villas Community
  • Avon Lake Subdivision

Amenities

  • Bike Room

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,075

Year Built

Built in 1980

Lot Details

0

HOA Fees

$781 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low Rise (1-3)
  • Levels: One
  • Building Name: Avon Lake Villas
  • Year Built: 1980
  • Above Grade Finished Sq Ft: 1302
  • Entry Location: Stairs
  • Exclusions: owner will provide list
  • Living Area: 1302
  • Pets Allowed: Cats OK, Dogs OK, Only for Owner
  • Directions: West on Beaver Road to Lake Street
  • SubdivisionName: Avon Lake
  • Ownership: Individual
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • Ratio Close Price By Original Li: 0.80000
  • Attribution Contact: 970-618-3368
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator
  • Fireplaces: 1
  • Interior Amenities: High Ceilings
  • Flooring: Carpet, Tile
  • Fireplace Features: Wood Burning
  • Full Bathrooms: 3
  • Basement: No
  • Total Bedrooms: 3
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3

Exterior Features

  • Roof: Other
  • Construction Materials: Other
  • View: Mountain(s), Water
  • Exterior Features: Balcony
  • Patio and Porch Features: Covered
  • Pool Features: Outdoor Pool
  • Waterfront Features: Waterfront

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 3
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard
  • Laundry Features: In Unit

Condo/Co-op/Association

  • HOA Fee Includes: Cable TV, Insurance, Internet, Maintenance Grounds, On-Site Check In, Sewer, Shuttle Available, Trash, Water
  • Association Name: Avon Lake Villas
  • Association Fee Frequency: Monthly
  • Association Amenities: Bike Storage
  • Association Fee: 781
  • Phone: 9709494840
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 9372.00
  • REC_AssociationFeeTotalAnnual: 9372.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: avonlakevillascolorado.comcom
  • REC_AssociationPrivateTransferPercentageOrFee: 0%
  • REC_AssociationTransferAmount: 0%

Schools

  • Middle Or Junior School: Eagle Valley

Lot Info

  • Parcel Number: R016454
  • Building Area Total: 1302

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2075

MLS Schools

  • Elementary School: Eagle Valley
  • High School: Eagle Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Jan 19, 2024
Sold by
Mcmillan-Pankey Amy Michelle
Bought by
Eminem Bc West Y3 Llc
Seller's Agent
LEA NOVGRAD
SSC and Company LLC
Buyer's Agent
Other MLS Non-REcolorado
NON MLS PARTICIPANT
List Price
$1,100,000
Sold Price
$880,000
Premium/Discount to List
-$220,000
-20%
Total Days on Market
40
Views
47
Current Estimated Value
$994,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,982
Avg. Annual Appreciation
9.60%
Original Mortgage
$663,750
Outstanding Balance
$655,450
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$339,532

Purchase Details

Listed on
Mar 10, 2020
Closed on
Jul 6, 2020
Sold by
Zimmermann Elizabeth P and Zimmermann Richard S
Bought by
Mcmillan Pankey Amy Michelle
Seller's Agent
Andrew Keiser
Berkshire Hathaway-Villa M.
Buyer's Agent
Chadd Ziegler
LIV Sotheby's Int. Realty-Vail Mountain Haus
List Price
$479,500
Sold Price
$455,000
Premium/Discount to List
-$24,500
-5.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.48%
Original Mortgage
$270,000
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 22, 2017
Sold by
Zimmermann Richard S and Zimmermann Beth T
Bought by
Zimmermann Elizabeth P and Zimmermann Richard S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,750
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2004
Sold by
The Richard S Zimmermann Trust
Bought by
Zimmermann Richard S and Zimmermann Beth T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Interest Rate
4.75%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 18, 2003
Sold by
Zimmermann Richard S and Zimmermann Beth T
Bought by
Zimmermann Richard S and Zimmermann Beth T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,600
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 26, 2001
Sold by
Zimmermann Richard S and Zimmermann Beth Thomas
Bought by
Zimmermann Richard S and Zimmermann Beth T

Purchase Details

Closed on
Dec 1, 1999
Sold by
Zimmerman Beth Thomas Richard S
Bought by
Zimmermann Richard S and Zimmermann Beth T

Purchase Details

Closed on
Oct 31, 1997
Sold by
Kee Schuth James Noel
Bought by
Zimmermann Beth Thomas and Zimmermann Richard S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

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
Eminem Bc West Y3 Llc $885,000 Land Title
Mcmillan Pankey Amy Michelle $455,000 Land Title Guarantee
Zimmermann Elizabeth P -- None Available
Zimmermann Richard S -- American Title Svcs Company
Zimmermann Richard S -- Stewart Title
Zimmermann Richard S -- Stewart Title
Zimmermann Richard S -- --
Zimmermann Richard S -- Stewart Title
Zimmermann Richard S -- Stewart Title
Zimmermann Beth Thomas $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eminem Bc West Y3 Llc $663,750
Previous Owner Mcmillan Pankey Amy Michelle $270,000
Previous Owner Mcmillan Pankey Amy Michelle $270,000
Previous Owner Zimmermann Elizabeth P $241,750
Previous Owner Zimmermann Richard S $250,000
Previous Owner Zimmermann Richard S $180,500
Previous Owner Zimmermann Richard S $181,600
Previous Owner Zimmermann Beth Thomas $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $880,000 -7.4% $676 / Sq Ft
11/28/2023 11/28/23 Price Changed $950,000 -13.6% $730 / Sq Ft
11/02/2023 11/02/23 For Sale $1,100,000 +141.8% $845 / Sq Ft
07/06/2020 07/06/20 Sold $455,000 -5.1% $349 / Sq Ft
05/21/2020 05/21/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $479,500 -- $368 / Sq Ft
Source: REcolorado®

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 $2,670 $47,540 -- $47,540
2023 $2,670 $47,540 $0 $47,540
2022 $2,075 $32,690 $0 $32,690
2021 $2,106 $33,630 $0 $33,630
2020 $2,081 $33,380 $0 $33,380
2019 $2,070 $33,380 $0 $33,380
2018 $1,946 $30,700 $0 $30,700
2017 $1,927 $30,700 $0 $30,700
2016 $1,521 $24,140 $0 $24,140
2015 -- $24,140 $0 $24,140
2014 $1,350 $21,920 $0 $21,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 8802101

REcolorado®

APN: R016454