NOT LISTED FOR SALE

401 S Ridge St Unit 5 Breckenridge, CO 80424

Estimated Value: $500,000 - $560,000

1 Bed
1 Bath
480 Sq Ft
$370/mo HOA Fee

Last Sold October 19, 2020

Last sale price $355,000 $740 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,328/month

371 Days on Market

Highlights

  • Wood Burning Stove
  • Furnished
  • Public Transportation
  • Property is near public transit
  • Subterranean Parking
  • Baseboard Heating

About This Home

As of October 2020

Affordable ski condominium just 1 block from Breckenridge Main Street. Recently updated kitchen and bath with wood burning stove in living area. Everything you are looking for as far as convenience. On free shuttle route, underground parking, ski storage and low HOA dues covering almost everything. Turnkey, ready to move in.

Last Agent to Sell the Property

Kijah Hanson

Colorado Premier Resort Properties License #FA1310505 Listed on: 09/13/2019

Last Buyer's Agent

Nathan Moorefield

Breckenridge Associates R.E. License #FA100041433

Breckenridge Associates R.E.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,262

Year Built

  • Built in 1974

Lot Details

  • 0.38

HOA Fees

  • $370 Monthly HOA Fees

Parking

  • Subterranean Parking

Home Design

  • Concrete Foundation
  • Asphalt Roof

Interior Spaces

  • 480 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Wood Burning Stove
  • Wood Burning Fireplace

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Location

  • Property is near public transit

Utilities

  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 301231

Community Details

Overview

  • Association fees include common area maintenance, common areas, cable TV, electricity, gas, heat, insurance, phone, sewer, snow removal, trash, water
  • Tannhauser Community
  • Tannhauser Condo Subdivision

Amenities

  • Public Transportation
  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,262

Year Built

Built in 1974

Lot Details

0

HOA Fees

$370 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: TANNHAUSER CONDO
  • Directions: From Main Street, turn east on Jefferson. Right on Ridge, first building on the right.
  • Building Name: Tannhauser
  • Entry Level: 1
  • Unit Levels: One
  • Year Built: 1974
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: See Remarks
  • Interior Amenities: Fireplace, Cable TV
  • Living Area: 480.0
  • Stories: 2

Exterior Features

  • Lot Features: City Lot, Near Public Transit
  • Exclusions: No
  • Foundation Details: Poured
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Underground

Utilities

  • Laundry Features: Common Area
  • Heating: Baseboard, Wood Stove
  • Heating Yn: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Trash Collection, Water Available, Cable Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: See Remarks, Public Transportation
  • Association Fee: 370.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Common Areas, Cable TV, Electricity, Gas, Heat, Insurance, Phone, Sewer, Snow Removal, Trash, Water

Lot Info

  • Parcel #: 301231
  • Zoning Description: Multi-Family

Tax Info

  • Tax Annual Amount: 1262.41
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2019
Closed on
Oct 16, 2020
Sold by
Lane Brian W
Bought by
Knipp Dana S
Seller's Agent
Kijah Hanson
Colorado Premier Resort Properties
Buyer's Agent
Nathan Moorefield
Breckenridge Associates R.E.
List Price
$355,000
Sold Price
$355,000
Total Days on Market
371
Current Estimated Value
$531,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,198
Avg. Annual Appreciation
9.09%
Original Mortgage
$257,700
Outstanding Balance
$231,399
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$298,814

Purchase Details

Closed on
Nov 17, 2013
Sold by
Lane Brian J and Lane Margaret
Bought by
Lane Brian W
Source: Public Records

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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
Knipp Dana S $355,000 Land Title Guarantee
Lane Brian W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knipp Dana S $257,700
Previous Owner Lane Brian W $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2020 10/19/20 Sold $355,000 0.0% $740 / Sq Ft
09/19/2020 09/19/20 Pending -- -- --
09/13/2019 09/13/19 For Sale $355,000 -- $740 / Sq Ft
Source: Summit 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
2024 $1,672 $34,505 -- $34,505
2023 $1,672 $30,820 $0 $0
2022 $1,470 $25,513 $0 $0
2021 $1,499 $26,248 $0 $0
2020 $1,279 $22,229 $0 $0
2019 $1,262 $22,229 $0 $0
2018 $963 $16,479 $0 $0
2017 $888 $16,479 $0 $0
2016 $878 $16,066 $0 $0
2015 $852 $16,066 $0 $0
2014 $841 $15,662 $0 $0
2013 -- $15,662 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Summit MLS

MLS Number: S1015348

Summit MLS

APN: 301231