NOT LISTED FOR SALE

487 Summerwood Dr Dillon, CO 80435

Estimated Value: $2,456,000 - $3,160,000

4 Beds
4.5 Baths
4,760 Sq Ft
$571/Sq Ft Est. Value

Last Sold March 18, 2021

Last sale price $2,000,000 $420 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $15,623/month

117 Days on Market

Highlights

  • Golf Course Community
  • Sauna
  • Near a National Forest
  • Fitness Center
  • Lake View
  • Clubhouse

About This Home

As of March 2021

STUNNING views from this Summerwood home, on the ridge overlooking Lake Dillon. Enjoy the beautiful Sunsets from the expansive South-facing decks. 180-degree views of surrounding mountains. Natural hardwoods and stone throughout. This home boasts a private hot tub, sauna, and elevator. Vaulted ceilings, lots of windows allow tons of natural light during the day. Clubhouse with an indoor/outdoor pool, hot tub, and many other amenities. Easy access to 5 world class ski resorts, Lake Dillon & more!

Last Agent to Sell the Property

Doyle Richmond

LIV Sotheby's I.R. License #FA1327218 Listed on: 10/21/2020

LIV Sotheby's I.R.

Last Buyer's Agent

Doyle Richmond

LIV Sotheby's I.R. License #FA1327218 Listed on: 10/21/2020

LIV Sotheby's I.R.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,110

Year Built

  • Built in 1982

Lot Details

  • 0.44 Acre Lot
  • Southern Exposure
  • Zoning described as Planned Unit Development

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Metal Roof

Interior Spaces

  • 4,760 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • Vaulted Ceiling
  • Skylights
  • Gas Fireplace
  • Utility Room
  • Sauna

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3001735

Community Details

Overview

  • Association fees include management, common area maintenance, clubhouse, snow removal, trash
  • Summerwood Pud Subdivision
  • Near a National Forest

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Racquetball
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,110

Year Built

Built in 1982

Lot Details

0

HOA Fees

$350 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.44
  • Subdivision Name: SUMMERWOOD PUD
  • Directions: Highway 6 to Summerwood. Turn Right on Summerwood Drive. Home is on the right hand side toward the end of the road.
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Year Built: 1982
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Range, Refrigerator, Trash Compactor, Wine Cooler, Dryer, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Stone, Wood
  • Interior Amenities: Elevator, Fireplace, Jetted Tub, See Remarks, Skylights, Sauna, Cable TV, Vaulted Ceiling(s), Utility Room
  • Living Area: 4760.0

Exterior Features

  • Lot Features: Borders National Forest
  • Pool Features: Community
  • View: Mountain(s), Southern Exposure, Lake
  • View: Yes
  • Exclusions: No
  • Construction Type: Concrete, Steel
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Connected
  • 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, Pool, Racquetball
  • Amenities: Fitness Center, Tennis Court(s)
  • Association Fee: 350.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Owner Only, Pet Restrictions

Fee Information

  • Association Fee Includes: Association Management, Common Area Maintenance, Clubhouse, Snow Removal, Trash

Lot Info

  • Lot Size Sq Ft: 19166.4
  • Parcel #: 3001735
  • Zoning Description: Planned Unit Development

Tax Info

  • Tax Annual Amount: 6109.86
  • Tax Year: 2019

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Mar 18, 2021
Sold by
Garvish Family Living Trust
Bought by
Alexander Jay L and Alexander Jill Sprung
Seller's Agent
Doyle Richmond
LIV Sotheby's I.R.
Buyer's Agent
Doyle Richmond
LIV Sotheby's I.R.
List Price
$2,000,000
Sold Price
$2,000,000
Current Estimated Value
$2,755,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$755,934
Avg. Annual Appreciation
6.58%
Original Mortgage
$200,000
Outstanding Balance
$179,286
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$2,538,553

Purchase Details

Listed on
Oct 21, 2020
Closed on
Feb 1, 2021
Sold by
Garvish Gloria M
Bought by
Garvish Family Living Trust
Seller's Agent
Doyle Richmond
LIV Sotheby's I.R.
Buyer's Agent
Doyle Richmond
LIV Sotheby's I.R.
List Price
$2,000,000
Sold Price
$2,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$179,286
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$2,538,553
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alexander Jay L $2,000,000 Land Title Guarantee Co
Garvish Family Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexander Jay L $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2021 03/18/21 Sold $2,000,000 0.0% $420 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
10/21/2020 10/21/20 For Sale $2,000,000 -- $420 / 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 $10,509 $192,237 -- --
2023 $10,509 $188,551 $0 $0
2022 $6,234 $104,528 $0 $0
2021 $6,288 $107,536 $0 $0
2020 $6,191 $112,198 $0 $0
2019 $6,110 $112,198 $0 $0
2018 $6,563 $115,955 $0 $0
2017 $6,037 $115,955 $0 $0
2016 $6,242 $117,918 $0 $0
2015 $6,060 $117,918 $0 $0
2014 $6,149 $117,537 $0 $0
2013 -- $117,537 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Summit MLS

MLS Number: S1022816

Summit MLS

APN: 3001735