NOT LISTED FOR SALE

4224 Waterfall Dr Montrose, CO 81403

Estimated Value: $997,000 - $1,388,000

3 Beds
4.5 Baths
5,464 Sq Ft
$216/Sq Ft Est. Value

Last Sold December 01, 2023

Last sale price $1,030,000 $189 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,726/month

68 Days on Market

Highlights

  • Spa
  • Living Room with Fireplace
  • Main Floor Primary Bedroom
  • Deck
  • Cathedral Ceiling
  • Hydromassage or Jetted Bathtub

About This Home

As of December 2023

Situated on a serene 1.17-acre lot hidden from the street, this executive residence boasts luxury and spaciousness. With 5,464 square feet of living space, it offers 3 bedrooms, 5 baths, a generous bonus room, and a substantial office. The gourmet kitchen is a culinary enthusiast's dream, featuring a custom design with a sizable center island, a warming drawer, a stunning copper hood, abundant granite countertops, and tailor-made cabinetry offering ample storage. The living room exudes elegance with its cathedral ceiling, gracefully winding staircase, and balcony. Additional features include a wet bar, crown molding, a striking stone fireplace, and built-in cabinetry. The primary suite is a sanctuary of light, providing access to a rear patio with a hot tub. The master bathroom is equally impressive, offering double sinks, a makeup counter, a beverage refrigerator, an expansive walk-in shower, a luxurious soaker tub, and even a bidet, accompanied by an extensive walk-in closet. Other highlights of the home include a spacious laundry room, a 4-bay garage with abundant workshop space, utility closet, and private full bathrooms for each guest suite. Step out onto the deck to enjoy the view of the large private backyard, or relax on the expansive back porches. The property is adorned with mature landscaping, inviting sitting areas, a charming wooden bridge, and offers utmost privacy amidst beautiful trees.

Last Agent to Sell the Property

Mandy Norris-Snell

Norris-Phillips Real Estate, LLC Listed on: 09/08/2023

Last Buyer's Agent

Kerri Noonan-Inda

NextHome Virtual

NextHome Virtual

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,513

Year Built

  • Built in 2004

Lot Details

  • 1.17 Acre Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Landscaped
  • Sprinkler System

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • Composition Roof
  • Stone Siding
  • Stick Built Home
  • Stucco

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Formal Dining Room
  • 1 Home Office

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Deck
  • Patio

Schools

  • Cottonwood K-5 Elementary School
  • Columbine 6-8 Middle School
  • Montrose 9-12 High School

Farming

  • 1 Irrigated Acre

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Irrigation Water Rights
  • Internet Available

Community Details

  • Association fees include irrigation
  • The Brook HOA
  • The Brook Subdivision

Listing and Financial Details

  • Assessor Parcel Number 399310209007

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,513

Year Built

Built in 2004

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Range Top, Refrigerator, Dishwasher, Washer, Dryer
  • Estimated Irrigation Acres: 1
  • Estimated Total Acres: 1.17
  • Class: RESIDENTIAL
  • Em Deposit: 15000
  • Em Holder: Title Company
  • Exterior Inclusions: Landscaping, Irrigation Water, Patio, Deck, Hot Tub, Lawn Sprinklers
  • Interior Inclusions: Cathedral Ceiling, W/D Hookup, Wet Bar, Granite Counters, Jetted Tub, Walk In Closet, Hot Tub, Central Vacuum, Garage Door Opener
  • Legal Lot Block: Subd: BROOK SUBD FILING NO 3 Lot: 48 S: 10 T: 48 R: 9
  • Lot Size Acreage: 1-1.99
  • Parcel Id Number: 399310209007
  • Price Per Sq Ft: 188.51
  • Property Description: Cul-de-sac
  • Real Estate Included: Yes
  • Realist Id: 3993-102-09-007
  • Residence Stories: Two Story
  • Sale/Rent: For Sale
  • Siding: Stone, Stucco
  • Sold Price Sq Ft: 188.51
  • Street Descriptionaccess: Paved, Cul-de-Sac
  • Street Designation: Drive
  • Tax Account Id: R0017956
  • Type: Stick Built
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Service: Yes
  • Total Taxes Dollar: 6513.04
  • Year Built: 2004
  • Foreign Owned Y N: No
  • Prop Description Remarks: Situated on a serene 1.17-acre lot hidden from the street, this executive residence boasts luxury and spaciousness. With 5,464 square feet of living space, it offers 3 bedrooms, 5 baths, a generous bonus room, and a substantial office. The gourmet kitchen is a culinary enthusiast's dream, featuring a custom design with a sizable center island, a warming drawer, a stunning copper hood, abundant granite countertops, and tailor-made cabinetry offering ample storage. The living room exudes elegance with its cathedral ceiling, gracefully winding staircase, and balcony. Additional features include a wet bar, crown molding, a striking stone fireplace, and built-in cabinetry. The primary suite is a sanctuary of light, providing access to a rear patio with a hot tub. The master bathroom is equally impressive, offering double sinks, a makeup counter, a beverage refrigerator, an expansive walk-in shower, a luxurious soaker tub, and even a bidet, accompanied by an extensive walk-in closet. Other highlights of the home include a spacious laundry room, a 4-bay garage with abundant workshop space, utility closet, and private full bathrooms for each guest suite. Step out onto the deck to enjoy the view of the large private backyard, or relax on the expansive back porches. The property is adorned with mature landscaping, inviting sitting areas, a charming wooden bridge, and offers utmost privacy amidst beautiful trees.
  • Subdv Name: The Brook
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Kitchen Bar, Kitchen/Dining, Separate Dining
  • Bedrooms: 3
  • Flooring: Carpet-Partial, Tile
  • Estimated Total Sq Ft: 5464
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 5
  • Fireplace Location Type: Living Room
  • Main Level Sq Ft: 2744
  • Master Bedroom Level: Main Level
  • Total Office Den: 1
  • Upper Level Sq Ft: 2720

Exterior Features

  • Fence: Partial Property
  • Construction Type: Wood Frame
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 4

Utilities

  • Cooling: Central A/C
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Heating System: Forced Air
  • Irrigation Water Description Amount: Through HOA
  • Irrigation Water District: HOA
  • Sewer Supplier: City of Montrose
  • Water Rights Irrigation: Yes
  • Water Supplier: Tri-County Water Conservancy

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Irrigation
  • Hoametro Fees: 350
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: The Brook HOA

Schools

  • Elementary School: Cottonwood K-5
  • Middle School: Columbine 6-8
  • High School: Montrose 9-12
  • High School: Montrose 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Cottonwood K-5
  • Middle School: Columbine 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Dec 1, 2023
Sold by
Barnes Harold F
Bought by
Phillips Larry A and Phillips Sheryl M
Seller's Agent
Mandy Norris-Snell
Norris-Phillips Real Estate, LLC
Buyer's Agent
Kerri Noonan-Inda
NextHome Virtual
List Price
$1,300,000
Sold Price
$1,030,000
Premium/Discount to List
-$270,000
-20.77%
Views
66
Current Estimated Value
$1,177,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,904
Avg. Annual Appreciation
7.28%

Purchase Details

Closed on
Aug 6, 2004
Sold by
Otter Pond Lllp
Bought by
Barnes Harold F and Barnes Lynda S
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
Phillips Larry A $1,030,000 Land Title
Barnes Harold F $115,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2023 12/01/23 Sold $1,030,000 -10.4% $189 / Sq Ft
11/15/2023 11/15/23 Pending -- -- --
11/07/2023 11/07/23 Price Changed $1,150,000 -11.5% $210 / Sq Ft
09/08/2023 09/08/23 For Sale $1,300,000 -- $238 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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 $6,235 $87,570 $6,830 $80,740
2023 $6,235 $94,650 $7,380 $87,270
2022 $4,366 $63,450 $4,510 $58,940
2021 $4,500 $65,280 $4,640 $60,640
2020 $4,252 $63,370 $4,760 $58,610
2019 $4,280 $63,370 $4,760 $58,610
2018 $4,011 $57,940 $3,990 $53,950
2017 $3,978 $57,940 $3,990 $53,950
2016 $4,484 $66,390 $4,020 $62,370
2015 $4,404 $66,390 $4,020 $62,370
2014 $3,867 $62,380 $4,020 $58,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 807770

Colorado Real Estate Network (CREN)

APN: R0017956