NOT LISTED FOR SALE

340 Elk Ln Unit 3 Avon, CO 81620

Estimated Value: $1,230,000 - $1,407,000

3 Beds
3 Baths
1,664 Sq Ft
$725/mo HOA Fee

Last Sold August 04, 2014

Last sale price $550,000 $331 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $8,406/month

5 Days on Market

Highlights

  • On Golf Course
  • Clubhouse
  • Property is near public transit
  • River View
  • Deck
  • Vaulted Ceiling

About This Home

As of August 2014

Ultimate location in Eagle-Vail, not typically found in this price point. Ideally situated on an elevated lot at the end of the Elk Lane cul-de-sac, this special 3 bedroom mountain retreat is just steps to National Forest at the base of the Eagle-Vail trail and situated between the 14th Green and the 15th Tee Box. Well appointed, the open floor plan and vaulted ceilings complement the complete exterior renovation. Enjoy sweeping views of the mountains and down the golf course. A Must see!

Last Agent to Sell the Property

Matthew Blake

LIV Sotheby's Int. Realty-Vail Mountain Haus Brokerage Phone: 970.390.2692 License #FA40044863 Listed on: 06/03/2014

LIV Sotheby's Int. Realty-Vail Mountain Haus

Last Buyer's Agent

Debi Coleman

Keller Williams Mtn Properties- Edwards

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,945

Year Built

  • Built in 1976

Lot Details

  • 4,835

HOA Fees

  • $725 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • River
  • Golf Course
  • Creek or Stream
  • Mountain

Home Design

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

Interior Spaces

  • 1,664 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Washer and Dryer

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Cable TV Available

Additional Features

  • Deck
  • On Golf Course
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 210317211003
  • Seller Concessions Not Offered

Community Details

Overview

  • Association fees include common area maintenance, electricity, gas, heat, insurance, sewer, snow removal, water
  • The Gallery Subdivision

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,945

Year Built

Built in 1976

Lot Details

0

HOA Fees

$725 per month

Parking

1

Listing Details

  • Association HOA Fee: 2175.0
  • HOA Fee Frequency: Quarterly
  • Resort Fee: 325.0
  • Resort Fee Frequency: Annually
  • Unit Levels: Multi/Split
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Building Stories: 3
  • Average Monthly Electric Expenses: 25.13
  • Average Utility Expense: 25.13
  • Year Built: 1976
  • Subdivision Name: The Gallery
  • Attribution Contact: 970.390.2692
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Entry Location: 1
  • Fireplace Features: Wood Burning
  • Furnished: Unfurnished
  • Interior Amenities: Fireplace - Wood, Multi-Level, Vaulted Ceiling(s), Wired for Cable
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Washer/Dryer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Living Area: 1664.0
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Range: Yes
  • Appliances Included:Refrigerator: Yes
  • Interior Features:Multi-Level: Yes
  • Interior Features:Vaulted Ceiling(s): 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:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • View: Creek/Stream, Golf Course, Mountain(s), River
  • Lot Features: On Golf Course
  • Construction Type: Stucco
  • Foundation Details: Concrete Perimeter
  • Construction:Frame: Yes
  • Patio and Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Other
  • Parking:Other6: Yes
  • General Info:_pound_ of Garage Stalls: 1.0

Utilities

  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • Sewer: Sewer Connected
  • Cooling Y N: No
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Snow Removal, Trash, Water Available
  • Heating:Baseboard: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Clubhouse, Golf, Near Public Transit, Pool, Tennis Court(s), Trail(s)
  • Amenities: Clubhouse, Pool, Tennis Court(s), Other
  • Association Fee: 2175.0
  • Association Fee Frequency: Quarterly
  • Pets Allowed: Yes

Association/Amenities

  • HOAComm Amenities:Pool2: Yes
  • AssociationHOA Fee Includes:Common Area Maintenance: 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
  • HOAComm Amenities:Clubhouse: Yes
  • HOAComm Amenities:Tennis Court(s): Yes
  • HOAComm Amenities:Other7: Yes
  • Keywords Info:Association YN: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Electricity, Gas, Heat, Insurance, Sewer, Snow Removal, Water

Lot Info

  • Parcel #: 210317211003
  • Land Lease: No
  • Zoning: PUD

Tax Info

  • Tax Annual Amount: 1945.2
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2019
Sold by
Layton Melissa
Bought by
Melissa Layton Living Trust
Current Estimated Value
$1,328,081

Purchase Details

Listed on
Jun 3, 2014
Closed on
Aug 4, 2014
Sold by
Withers Properties Llc
Bought by
Layton Melissa
Seller's Agent
Matthew Blake
LIV Sotheby's Int. Realty-Vail Mountain Haus
Buyer's Agent
Debi Coleman
Keller Williams Mtn Properties- Edwards
List Price
$569,000
Sold Price
$550,000
Premium/Discount to List
-$19,000
-3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.31%
Original Mortgage
$359,000
Outstanding Balance
$271,486
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,047,865

Purchase Details

Listed on
Jun 3, 2014
Closed on
Jul 10, 2014
Sold by
Wither Properties Llc
Bought by
Withers Properties Llc
Seller's Agent
Matthew Blake
LIV Sotheby's Int. Realty-Vail Mountain Haus
Buyer's Agent
Debi Coleman
Keller Williams Mtn Properties- Edwards
List Price
$569,000
Sold Price
$550,000
Premium/Discount to List
-$19,000
-3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Outstanding Balance
$271,486
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,047,865

Purchase Details

Closed on
Mar 29, 2011
Sold by
Withers Dennis H
Bought by
Wither Properties Llc

Purchase Details

Closed on
Dec 29, 2010
Sold by
Withers Properties Llc
Bought by
Withers Dennis H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,315
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2010
Sold by
Withers Dennis H
Bought by
Withers Properties Llc

Purchase Details

Closed on
Apr 9, 2008
Sold by
Withers Properties Llc
Bought by
Withers Dennis H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2006
Sold by
Withers Dennis H
Bought by
Withers 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
$417,000
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 31, 2006
Sold by
Smith Warren Clayton and Smith Kathy
Bought by
Withers Dennis H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 18, 1998
Sold by
Schumacher John R M D
Bought by
Smith Warren Clayton and Smith Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 1977
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
Melissa Layton Living Trust -- None Available
Layton Melissa $550,000 Land Title Guarantee Company
Withers Properties Llc -- Land Title Guarantee Company
Wither Properties Llc -- None Available
Withers Dennis H -- Lsi
Withers Properties Llc -- None Available
Withers Dennis H -- Stewart Title
Withers Properties Llc -- Land Title Guarantee Company
Withers Dennis H $540,000 Land Title Guarantee Company
Smith Warren Clayton $315,000 Stewart Title
-- $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Layton Melissa $359,000
Previous Owner Withers Dennis H $354,315
Previous Owner Withers Dennis H $400,000
Previous Owner Withers Dennis H $417,000
Previous Owner Smith Warren Clayton $244,245
Previous Owner Smith Warren Clayton $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2014 08/04/14 Sold $550,000 -3.3% $331 / Sq Ft
06/08/2014 06/08/14 Pending -- -- --
06/03/2014 06/03/14 For Sale $569,000 -- $342 / 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 $4,154 $67,640 -- $67,640
2023 $4,154 $67,640 $0 $67,640
2022 $3,378 $45,380 $0 $45,380
2021 $3,355 $46,680 $0 $46,680
2020 $3,392 $46,680 $0 $46,680
2019 $3,376 $46,680 $0 $46,680
2018 $3,481 $46,760 $0 $46,760
2017 $3,446 $46,760 $0 $46,760
2016 $3,284 $43,900 $0 $43,900
2015 -- $43,900 $0 $43,900
2014 $1,969 $27,610 $0 $27,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 920609

Vail Multi-List Service

APN: R013983