NOT LISTED FOR SALE

401 S Ridge St Unit 8 Breckenridge, CO 80424

Estimated Value: $558,000 - $617,000

1 Bed
1 Bath
480 Sq Ft
$400/mo HOA Fee

Last Sold July 01, 2020

Last sale price $375,000 $781 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,652/month

9 Days on Market

Highlights

  • Ski Accessible
  • Golf Course Community
  • Property is near public transit
  • Views of Ski Resort
  • Clubhouse
  • Furnished

About This Home

As of July 2020

Awesome in-town location! Just 1 block from Main Street in Breckenridge, this affordable, Turnkey property features stainless steel appliances, granite countertops, a gorgeous tiled glass shower, and a wood burning fireplace. Underground parking, ski storage, on the bus route, and low HOA dues covering mostly everything are some of the main features. This unit is perfect for a mountain get-away, short term-rental, or a locals primary residence.

Last Agent to Sell the Property

Eric Dahman

Breckenridge Associates R.E. License #FA100053554 Listed on: 05/22/2020

Last Buyer's Agent

Agent Not In Board

NON-BOARD OFFICE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,461

Year Built

  • Built in 1974

Lot Details

  • 0.38

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • Subterranean Parking

Property Views

  • Ski Resort
  • Mountain

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Roof

Interior Spaces

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

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Location

  • Property is near public transit

Utilities

  • Baseboard Heating
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 301233

Community Details

Overview

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

Amenities

  • Public Transportation
  • Clubhouse
  • Laundry Facilities

Recreation

  • Golf Course Community
  • Trails
  • Ski Accessible
  • Ski Lockers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,461

Year Built

Built in 1974

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: TANNHAUSER CONDO
  • Directions: From Main street, turn east onto Jefferson Ave. Building is on the corner of Jefferson ave, and S Ridge Street. Park in Front.
  • Entry Level: 1
  • Unit Levels: Three Or More
  • Year Built: 1974
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Appliances: Dishwasher, Electric Range, Microwave Hood Fan, Microwave, Refrigerator
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Fireplace, Cable TV
  • Living Area: 480.0

Exterior Features

  • Lot Features: City Lot, Near Ski Area, Near Public Transit
  • View: Mountain(s), Ski Area
  • View: Yes
  • Exclusions: No
  • Construction Type: Wood Frame
  • Foundation Details: Poured
  • Property Condition: Resale
  • Roof: Asphalt, See Remarks

Garage/Parking

  • Parking Features: Underground

Utilities

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

Condo/Co-op/Association

  • Community Features: Golf, Trails/Paths, Clubhouse, Public Transportation
  • Amenities: Ski Storage
  • Association Fee: 400.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

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

Lot Info

  • Parcel #: 301233
  • Zoning Description: Multi-Family

Tax Info

  • Tax Annual Amount: 1461.01
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Jul 2, 2020
Sold by
Spring Creek Vacation Properties Llc
Bought by
Kelly Erin G and Wilkinson John Lewis
Seller's Agent
Eric Dahman
Breckenridge Associates R.E.
Buyer's Agent
Agent Not In Board
NON-BOARD OFFICE
List Price
$375,000
Sold Price
$375,000
Total Days on Market
9
Current Estimated Value
$583,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,477
Avg. Annual Appreciation
9.32%
Original Mortgage
$318,750
Outstanding Balance
$286,263
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$295,026

Purchase Details

Closed on
Nov 28, 2016
Sold by
Cornerstone Properties Llc
Bought by
Spring Creek Vacation 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
$210,000
Interest Rate
3.47%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jul 5, 2016
Closed on
Aug 31, 2016
Sold by
Neubecker Christopher A
Bought by
Cornerstone Properties Llc
Seller's Agent
Turk Montepare
Breckenridge Associates R.E.
Buyer's Agent
Eric Dahman
Breckenridge Associates R.E.
List Price
$277,000
Sold Price
$277,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.84%
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
Kelly Erin G $375,000 Title Company Of The Rockies
Spring Creek Vacation Properties Llc $45,273 None Available
Cornerstone Properties Llc $277,000 Title Co Of The Rockies Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Erin G $318,750
Previous Owner Cornerstone Properties Llc $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2020 07/01/20 Sold $375,000 0.0% $781 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $375,000 +35.4% $781 / Sq Ft
08/31/2016 08/31/16 Sold $277,000 0.0% $577 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
07/05/2016 07/05/16 For Sale $277,000 -- $577 / 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 $1,867 $38,096 -- $38,096
2023 $1,867 $34,411 $0 $0
2022 $1,669 $28,954 $0 $0
2021 $1,701 $29,787 $0 $0
2020 $1,480 $25,726 $0 $0
2019 $1,461 $25,726 $0 $0
2018 $1,083 $18,532 $0 $0
2017 $999 $18,532 $0 $0
2016 $878 $16,066 $0 $0
2015 $852 $16,066 $0 $0
2014 $856 $15,944 $0 $0
2013 -- $15,944 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Dahman

    Seller's Agent in 2020

    Eric Dahman

    Breckenridge Associates R.E.

    (970) 485-5213

    21 in this area

    48 Total Sales

    Eric Dahman
    Section Image

  • A

    Buyer's Agent in 2020

    Agent Not In Board

    NON-BOARD OFFICE

  • T

    Seller's Agent in 2016

    Turk Montepare

    Breckenridge Associates R.E.

    (800) 669-5356

    22 in this area

    28 Total Sales

    Turk Montepare
    Section Image
See All Agents

Map

Source: Summit MLS

MLS Number: S1018441

Summit MLS

APN: 301233

Colorado Summit County Breckenridge 80424

401 S Ridge St Unit 8, Breckenridge, CO

This home is located at 401 S Ridge St Unit 8, Breckenridge, CO 80424 since 22 May 2020 and is currently estimated at $583,477, approximately $1,215 per square foot. This property was built in 1974. 401 S Ridge St Unit 8 is a home located in Summit County with nearby schools including Breckenridge Elementary School, Summit Middle School, and Summit High School.

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