NOT LISTED FOR SALE

405 Forest Rd Vail, CO 81657

Estimated Value: $6,008,000 - $23,222,704

6 Beds
8 Baths
6,355 Sq Ft
$2,300/Sq Ft Est. Value

Last Sold May 03, 2012

Last sale price $10,250,000 $1,613 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $84,249/month

477 Days on Market

Highlights

  • Views of Ski Resort
  • Deck
  • Wood Flooring
  • Ski Trails
  • Vaulted Ceiling
  • Hydromassage or Jetted Bathtub

About This Home

As of May 2012

Situated on Vail Mountain, and nestled among mature pine and Aspen trees, this magnificent six-bedroom newly constructed custom home, has been carefully sited from the road for an appealing sense of arrival unique to Forest Road. Exquisite finishes combined with elegant architectural and spacious private interior and exterior living areas create the perfect atmosphere for entertaining with family and friends. Ideally located just steps to Vail's renowned ski slopes, shops and restaurants.

Last Agent to Sell the Property

Tye Stockton

LIV Sotheby's Int. Realty-Vail Mountain Haus Listed on: 12/15/2010

Co-Listed By

Craig Denton

LIV Sotheby's Int. Realty-Vail Mountain Haus

Last Buyer's Agent

Susan Rychel

Slifer Smith & Frampton/Solaris

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $53,766

Year Built

  • Built in 2011

Lot Details

  • 0.49

Parking

  • 2 Car Garage

Property Views

  • Ski Resort
  • Mountain

Home Design

  • Duplex
  • Frame Construction
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 6,355 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Washer and Dryer

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Radiant Heating System
  • Cable TV Available

Additional Features

  • 0.49 Acre Lot
  • City Lot

Listing and Financial Details

  • Legal Lot and Block 3 / 2
  • Assessor Parcel Number 210107113058

Community Details

Overview

  • Vail Village 3 Subdivision

Recreation

  • Ski Trails
  • Snow Removal

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$53,766

Year Built

Built in 2011

Lot Details

0

Parking

2

Listing Details

  • Lot Size Acres: 0.49
  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Building Stories: 3
  • Year Built: 2011
  • Subdivision Name: Vail Village 3
  • Tax Parcel Letter: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Entry Location: Main Level
  • Fireplace Features: Gas
  • Furnished: Unfurnished
  • Interior Amenities: Fireplace - Gas, Jetted Bath, Patio, Vaulted Ceiling(s)
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Washer/Dryer, See Remarks
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Flooring: Carpet, Wood, See Remarks
  • Living Area: 6355.0
  • ResoLivingAreaSource: Builder
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Interior Features:Fireplace - Gas: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplace Features:Gas3: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:See Remarks8: Yes
  • Appliances Included:Cooktop: Yes
  • Interior Features:Patio: Yes
  • Interior Features:Jetted Bath: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Patio And Porch Features: Deck, Patio
  • Roof: See Remarks
  • View: Mountain(s), Ski Slopes
  • Lot Features: City Lot, See Remarks, Walk to Slopes
  • Construction Type: Stone, Other
  • Foundation Details: Concrete Perimeter
  • Construction:Frame: Yes
  • Patio and Porch Features:Deck: Yes
  • Patio and Porch Features:Patio2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Other
  • Parking:Other6: Yes
  • General Info:_pound_ of Garage Stalls: 2.0

Utilities

  • Cooling: Zoned
  • Heating: Forced Air, Radiant
  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Snow Removal, Trash, Water Available, None
  • Heating:Radiant: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Amenities: See Remarks

Association/Amenities

  • HOAComm Amenities:See Remarks17: Yes

Lot Info

  • Lot Size Sq Ft: 21344.0
  • Parcel #: 210107113058
  • Land Lease: No
  • Zoning: Duplex
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 53766.16
  • Tax Block: 2
  • Tax Lot: 3
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2012
Sold by
Klein Fred W
Bought by
Klein Gene R
Total Days on Market
477
Current Estimated Value
$14,615,352

Purchase Details

Listed on
Dec 15, 2010
Closed on
May 3, 2012
Sold by
Forest Road Development Llc
Bought by
Klein Fred W
Seller's Agent
Tye Stockton
LIV Sotheby's Int. Realty-Vail Mountain Haus
Buyer's Agent
Susan Rychel
Slifer Smith & Frampton/Solaris
List Price
$14,900,000
Sold Price
$10,250,000
Premium/Discount to List
-$4,650,000
-31.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.71%
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
Klein Gene R -- None Available
Klein Fred W $10,250,000 Land Title Guarantee Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2012 05/03/12 Sold $10,250,000 -31.2% $1,613 / Sq Ft
04/05/2012 04/05/12 Pending -- -- --
12/15/2010 12/15/10 For Sale $14,900,000 -- $2,345 / 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 $47,033 $988,870 $409,410 $579,460
2023 $47,033 $988,870 $409,410 $579,460
2022 $45,539 $886,170 $319,700 $566,470
2021 $46,891 $911,670 $328,900 $582,770
2020 $39,982 $787,800 $297,580 $490,220
2019 $40,114 $787,800 $297,580 $490,220
2018 $44,566 $857,850 $239,730 $618,120
2017 $44,349 $857,850 $239,730 $618,120
2016 $42,846 $837,930 $254,570 $583,360
2015 -- $837,930 $254,570 $583,360
2014 $35,300 $750,830 $244,110 $506,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 145959

Vail Multi-List Service

APN: R064991