NOT LISTED FOR SALE

4840 Meadow Ln Unit 2 Vail, CO 81657

Estimated Value: $2,418,000 - $3,802,977

5 Beds
3.5 Baths
3,234 Sq Ft
$893/Sq Ft Est. Value

Last Sold April 18, 2017

Last sale price $1,210,000 $374 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $16,107/month

160 Days on Market

Highlights

  • Golf Course Community
  • Spa
  • Deck
  • Fitness Center
  • Views to the South
  • 4-minute walk to Big horn park

About This Home

As of April 2017

Enjoy this spacious 5-bedroom mountain duplex. The ideal ski retreat, or full time residence! Large open main level floor plan, with cozy wood burning fireplace and alpine views. Relax in the hot tub after a long day of skiing! Flat backyard in a quiet and sunny East Vail location. Located in close proximity to the free Town of Vail bus route. Strong rental revenue, property is being sold fully furnished and turn key. New furnace has been installed- $20,000 upgrade to the new buyer.

Last Agent to Sell the Property

Chelsea Winters

Slifer Smith & Frampton- 230 Bridge Street License #100031606 Listed on: 09/16/2016

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,196

Year Built

  • Built in 1972

Lot Details

  • 0.32

Parking

  • 2 Car Garage

Property Views

  • Views to the South
  • Mountain

Home Design

  • Duplex
  • Frame Construction
  • Shake Roof
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 3,234 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Washer and Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Spa
  • Deck

Utilities

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

Additional Features

  • 0.32 Acre Lot
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 210113103003
  • Seller Concessions Not Offered

Community Details

Overview

  • Romar Townhomes Subdivision

Recreation

  • Golf Course Community
  • Fitness Center
  • Community Pool
  • Trails
  • Snow Removal

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,196

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Unit Levels: Multi/Split
  • Lot Size Acres: 0.32
  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Building Stories: 3
  • Year Built: 1972
  • Subdivision Name: Romar Townhomes
  • Special Features: None
  • Stories: 3

Interior Features

  • Entry Location: 1
  • Fireplace Features: Wood Burning
  • Furnished: Partially
  • Interior Amenities: Fireplace - Wood, Multi-Level, Spa/Hot Tub, Vaulted Ceiling(s)
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Washer/Dryer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Living Area: 3234.0
  • ResoLivingAreaSource: Builder
  • 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
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:SpaHot Tub: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Patio And Porch Features: Deck
  • Roof: Shake
  • View: Mountain(s), South Facing
  • Lot Features: Near Public Transit
  • Construction Type: Stone, Other
  • Foundation Details: Concrete Perimeter
  • Construction:Frame: Yes
  • Patio and Porch Features:Deck: 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: None
  • Heating: Baseboard, Natural Gas
  • Sewer: Sewer Connected
  • Cooling Y N: No
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Snow Removal, Trash, Water Available
  • Heating:Baseboard: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Fitness Center, Golf, Near Public Transit, Pool, Trail(s)
  • Pets Allowed: Yes

Lot Info

  • Lot Size Sq Ft: 13939.0
  • Parcel #: 210113103003
  • Land Lease: No
  • Zoning: residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6196.28
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2021
Sold by
King Jarrod and King Sharon
Bought by
King Jarrod T and King Sharon
Current Estimated Value
$2,888,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$767,000
Outstanding Balance
$582,353
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,306,391

Purchase Details

Listed on
Sep 16, 2016
Closed on
Apr 18, 2017
Sold by
Driver Massey Consulting Llc
Bought by
King Jarrod and King Sharon
Seller's Agent
Chelsea Winters
Slifer Smith & Frampton- 230 Bridge Street
Buyer's Agent
Non Member
Non Member Office
List Price
$1,550,000
Sold Price
$1,210,000
Premium/Discount to List
-$340,000
-21.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.81%
Original Mortgage
$810,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2005
Sold by
Massey Con and Massey Kelly Driver
Bought by
Driver Massey Consulting Llc

Purchase Details

Closed on
Jun 2, 2004
Sold by
Massey Con
Bought by
Massey Kelly Driver

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,250
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2004
Sold by
Evans Robert M
Bought by
Massey Con and Massey Kelly Driver

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,250
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
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
King Jarrod T -- Homestead Title & Escrow
King Jarrod $1,210,000 Land Title Guarantee Company
Driver Massey Consulting Llc -- None Available
Massey Kelly Driver -- --
Massey Con $699,000 --
Massey Con $699,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Jarrod T $767,000
Closed King Jarrod $810,000
Previous Owner Massey Con $524,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2017 04/18/17 Sold $1,210,000 -21.9% $374 / Sq Ft
02/23/2017 02/23/17 Pending -- -- --
09/16/2016 09/16/16 For Sale $1,550,000 -- $479 / 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 $9,498 $199,690 $69,180 $130,510
2023 $9,498 $199,690 $69,180 $130,510
2022 $5,645 $109,850 $54,020 $55,830
2021 $5,813 $113,010 $55,570 $57,440
2020 $4,316 $85,050 $50,670 $34,380
2019 $4,331 $85,050 $50,670 $34,380
2018 $4,539 $87,380 $42,790 $44,590
2017 $4,517 $87,380 $42,790 $44,590
2016 $6,196 $121,180 $47,310 $73,870
2015 -- $121,180 $47,310 $73,870
2014 $4,695 $99,860 $36,390 $63,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 927737

Vail Multi-List Service

APN: R033742