NOT LISTED FOR SALE

503 E Main St Unit 202 Frisco, CO 80443

Estimated Value: $1,466,000 - $1,870,000

2 Beds
2 Baths
1,541 Sq Ft
$630/mo HOA Fee

Last Sold July 08, 2024

Last sale price $1,595,000 $1,035 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $9,911/month

105 Days on Market

Highlights

  • Heated Driveway
  • Fireplace in Bedroom
  • Furnished
  • City View
  • Deck
  • 2-minute walk to Pioneer Park

About This Home

As of July 2024

Welcome to your modern mountain retreat on Main Street Frisco! This stunning 2-bedroom, 2-bathroom condo offers a perfect blend of contemporary design and breathtaking mountain views. As you step inside, you'll be greeted by an open-concept living space adorned with sleek finishes and immersed in natural light, creating a warm and inviting atmosphere for entertaining or relaxation. Step outside onto your expansive deck and be captivated by the panoramic mountain views. This large deck overlooking Main Street is the perfect spot to enjoy morning coffee, host gatherings, or simply unwind while taking in the beauty of the surrounding landscape. The primary bedroom is a tranquil haven featuring a fireplace, private balcony, and an en-suite bathroom with a soaking tub. To complement your mountain lifestyle, this condo comes with a one-car garage, providing secure parking and additional storage space. Convenience is key, and with Main Street Frisco just steps away, you can park the car and walk to everything. You'll have easy access to the vibrant local scene - including miles of hiking trails, the Marina, charming boutiques, and dining options. Whether you're an outdoor enthusiast or someone who appreciates the finer things in life, this condo on Main Street Frisco offers the ideal blend of modern luxury and mountain serenity.

Last Agent to Sell the Property

Joe Alvine

LIV Sothebys International Realty- Breckenridge Brokerage Phone: 970-763-8683 License #100092483 Listed on: 03/09/2024

LIV Sothebys International Realty- Breckenridge

Last Buyer's Agent

Clare Day

Compass - Denver License #100074355

Compass - Denver

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,276

Year Built

  • Built in 1997 | Remodeled

Lot Details

  • Two or More Common Walls
  • South Facing Home

HOA Fees

  • $630 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Heated Driveway

Property Views

  • City
  • Mountain

Home Design

  • Tar and Gravel Roof
  • Wood Siding
  • Stone Siding
  • Stucco

Interior Spaces

  • 1,541 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • Fireplace in Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Heated Rain Gutters
  • Rain Gutters
  • Front Porch

Location

  • Ground Level

Schools

  • Frisco Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Property held in a trust
  • Assessor Parcel Number 6505750

Community Details

Overview

  • Association fees include reserves, insurance, ground maintenance, maintenance structure, sewer, snow removal, trash, water
  • 3 Units
  • Commerce Exchange HOA, Phone Number (970) 485-4435
  • Low-Rise Condominium
  • Commerce Exchange Community
  • Frisco Main Street Subdivision
  • Community Parking

Amenities

  • Community Garden

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,276

Year Built

Built in 1997 | Remodeled

Lot Details

0

HOA Fees

$630 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low Rise (1-3)
  • Levels: Two
  • Building Name: Commerce Exchange
  • Year Built: 1997
  • Above Grade Finished Sq Ft: 1459
  • Entry Location: Ground
  • Exclusions: none
  • Living Area: 1541
  • Pets Allowed: Only for Owner
  • Property Condition: Updated/Remodeled
  • Directions: Head west on Main Street. Front of the condo is on Main St but entry door on back of the building, accessed by the alley btw Main St and Galena. DO NOT USE COMPLEX PARKING - Parking lot is limited to resident/commercial owners only, park on street.
  • SubdivisionName: Frisco Main Street
  • Ownership: Corporation/Trust
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 1
  • REC_UpperLevelBedrooms: 1
  • Ratio Close Price By Original Li: 0.98762
  • Attribution Contact: 970-763-8683
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Bedroom, Family Room, Gas, Insert
  • Full Bathrooms: 2
  • Common Walls: 2+ Common Walls
  • Basement: No
  • Total Bedrooms: 2
  • Entry Level: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1

Exterior Features

  • Direction Faces: South
  • Roof: Tar/Gravel
  • Construction Materials: Stone, Stucco, Wood Siding
  • View: City, Mountain(s)
  • Exterior Features: Balcony, Heated Gutters, Rain Gutters
  • Patio and Porch Features: Deck, Front Porch, Patio

Garage/Parking

  • Parking Features: Concrete, Driveway-Heated
  • Attached Garage: No
  • Garage Spaces: 1
  • Total Parking Spaces: 1
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Radiant
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Includes: Reserves, Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal, Trash, Water
  • Association Name: Commerce Exchange HOA
  • Association Fee Frequency: Quarterly
  • Association Amenities: Garden Area, Parking
  • Association Fee: 1890
  • Phone: 970-485-4435
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 7560.00
  • REC_AssociationFeeTotalAnnual: 7560.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: Summit

Lot Info

  • Parcel Number: 6505750
  • Building Area Total: 1541

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3276

MLS Schools

  • Elementary School: Frisco
  • High School: Summit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2024
Closed on
Jul 8, 2024
Sold by
Strong Family Trust and Strong Charles Ward
Bought by
Modek Justine
Seller's Agent
Joe Alvine
LIV Sothebys International Realty- Breckenridge
Buyer's Agent
Clare Day
Compass - Denver
List Price
$1,615,000
Sold Price
$1,595,000
Premium/Discount to List
-$20,000
-1.24%
Views
62
Current Estimated Value
$1,632,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,049
Avg. Annual Appreciation
-4.61%

Purchase Details

Closed on
Feb 14, 2018
Sold by
Strong Charles W and Strong Kathy J
Bought by
Strong Charles Ward and Strong Kathy Jo

Purchase Details

Closed on
Sep 22, 2017
Sold by
Beauchamp John R
Bought by
Strong Charles W and Strong Kathy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,800
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 1, 2005
Sold by
Martin Dale R and Fox Kathryn A
Bought by
Beauchamp John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,600
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Modek Justine $1,595,000 Land Title Guarantee
Strong Charles Ward -- Stewart Title
Strong Charles W $723,000 Stewart Title
Beauchamp John R $452,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Strong Charles W $415,800
Previous Owner Beauchamp John R $361,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $1,595,000 0.0% $1,035 / Sq Ft
05/29/2024 05/29/24 Price Changed $1,595,000 -1.2% $1,035 / Sq Ft
03/09/2024 03/09/24 For Sale $1,615,000 -- $1,048 / Sq Ft
Source: REcolorado®

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 $4,671 $88,882 -- $88,882
2023 $4,671 $85,197 $0 $0
2022 $3,276 $56,538 $0 $0
2021 $3,305 $58,165 $0 $0
2020 $2,946 $55,332 $0 $0
2019 $2,906 $55,332 $0 $0
2018 $2,406 $44,420 $0 $0
2017 $2,204 $44,420 $0 $0
2016 $2,147 $42,640 $0 $0
2015 $2,081 $42,640 $0 $0
2014 $1,986 $40,180 $0 $0
2013 -- $40,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 4342816

REcolorado®

APN: 6505750