NOT LISTED FOR SALE

503 Fall River Ln Unit A Estes Park, CO 80517

Estimated Value: $338,000 - $388,977

2 Beds
1 Bath
724 Sq Ft
$501/Sq Ft Est. Value

Last Sold September 12, 2022

Last sale price $320,000 $442 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,423/month

Highlights

  • Open Floorplan
  • Deck
  • Eat-In Kitchen
  • Mountain View
  • Hiking Trails
  • Double Pane Windows

About This Home

As of September 2022

This Estes Park 2 BR condo is just down the road from Rocky Mountain National Park with easy access to world-class fly fishing, hiking, biking, trail-running, wildlife viewing, and peace and quiet. Nice deck with views out to open meadow to enjoy wildlife as they pass by. Great location, walkable to downtown yet nice, quiet neighborhood, make this a perfect full time home or weekend retreat. Virtual tours available. HOA does not allow short term rentals.

Last Agent to Sell the Property

Tom Thomas

First Colorado Realty Listed on: 08/11/2022

Last Buyer's Agent

Tom Thomas

First Colorado Realty Listed on: 08/11/2022

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,399

Year Built

  • Built in 1993

Lot Details

  • Open Space
  • No Units Located Below

HOA Fees

  • $390 Monthly HOA Fees

Parking

  • Driveway Level

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 724 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher

Flooring

  • Painted or Stained Flooring
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Primary bathroom on main floor

Schools

  • Estes Park Elementary And Middle School
  • Estes Park High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • High Speed Internet

Additional Features

  • No Interior Steps
  • Deck

Listing and Financial Details

  • Assessor Parcel Number R1592169

Community Details

Overview

  • Association fees include trash, snow removal, ground maintenance, maintenance structure, water/sewer, hazard insurance
  • Fall River Condos Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Park
  • Hiking Trails

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,399

Year Built

Built in 1993

Lot Details

0

HOA Fees

$390 per month

Listing Details

  • Year Built: 1993
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Attached Dwelling
  • Horses: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Fall River Condos
  • Directions: Highway 34 or 36 to Elkhorn (main street of Estes Park), through town, left on Fall River Lane, cross Fall River, second driveway on right.
  • Architectural Style: Ranch
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 724
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Accessibility Features: Level Lot, Level Drive, No Stairs, Main Floor Bath, Main Level Bedroom
  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Garden Level,1st Floor
  • Fireplace Features: Gas, Gas Logs Included, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Open Floorplan
  • Window Features: Window Coverings, Double Pane Windows
  • IRESDS_HasFamilyRoom: No
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Kitchen Features: Laminate Floor
  • Living Room Features: Carpet
  • Master Bathroom Features: Shared Primary Bath, Full Primary Bath
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Fire Hydrant within 500 Feet, Level, Abuts Private Open Space, Within City Limits
  • View: Mountain(s)
  • Waterfront: No
  • Common Walls: No One Below
  • Construction Type: Wood/Frame, Wood Siding, Painted/Stained
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • IRESDS_GarageType: None

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric, Individual Meter-Electric, Town of Estes
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Common Area
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: District Sewer
  • Water Source: City Water, Town of Estes
  • Gas Company: Natural Gas, Individual Meter-Gas, Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Trash, Snow Removal, Maintenance Grounds, Maintenance Structure, Water/Sewer, Hazard Insurance
  • Community Features: Park, Hiking/Biking Trails
  • Senior Community: No
  • Association Fee: 390
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: Yes
  • IRESDS_HasAssociationFee: Yes

Schools

  • Elementary School: Estes Park
  • HighSchool: Estes Park
  • Junior High Dist: Estes Park District
  • Middle Or Junior School: Estes Park

Lot Info

  • Zoning: RM
  • Parcel #: R1592169
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1398.84

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Sep 12, 2022
Sold by
Lance Jonas J
Bought by
Peterson Joelle Diane
Seller's Agent
Tom Thomas
First Colorado Realty
Buyer's Agent
Tom Thomas
First Colorado Realty
List Price
$319,000
Sold Price
$320,000
Premium/Discount to List
$1,000
0.31%
Current Estimated Value
$362,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,744
Avg. Annual Appreciation
4.09%
Original Mortgage
$240,000
Outstanding Balance
$229,070
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$133,674

Purchase Details

Listed on
Nov 29, 2018
Closed on
Mar 7, 2019
Sold by
Prakash Samit and Agarwal Ruby
Bought by
Jonas J Lance and Jonas Pamela G
Seller's Agent
Mike Richardson
Richardson Team Realty
Buyer's Agent
Tom Thomas
First Colorado Realty
List Price
$255,000
Sold Price
$244,000
Premium/Discount to List
-$11,000
-4.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.01%

Purchase Details

Listed on
Jul 3, 2014
Closed on
Aug 4, 2014
Sold by
The Suzanne R Bethel Living Trust
Bought by
Prakash Samit and Agarwal Ruby
Seller's Agent
Jared English
Congress Realty
Buyer's Agent
Mike Richardson
Richardson Team Realty
List Price
$175,000
Sold Price
$172,000
Premium/Discount to List
-$3,000
-1.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%

Purchase Details

Closed on
Aug 28, 2009
Sold by
Shavlik Franklin H and Shavlik Donna L
Bought by
The Suzanne R Bethel Living Trust

Purchase Details

Closed on
Feb 14, 2007
Sold by
The Franklin H Shavlik & Donna Lee Shavl
Bought by
Shavlik Franklin H and Shavlik Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,750
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2005
Sold by
Shavlik Frank H and Shavlik Donna L
Bought by
The Franklin H & Donna Lee Shavlik Trust

Purchase Details

Closed on
Aug 6, 2004
Sold by
Kemple Joan F
Bought by
Shavlik Frank H and Shavlik Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.18%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 28, 2002
Sold by
Fairbanks David P and Fairbanks Twila K
Bought by
Kemple Joan F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.01%

Purchase Details

Closed on
May 11, 1999
Sold by
Johnson W K Lin & Maria H Y Lin Trust
Bought by
Fairbanks David P and Fairbanks Twila K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,400
Interest Rate
7.04%
Source: Public Records

Range of Values:

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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
Peterson Joelle Diane $320,000 --
Jonas J Lance $244,000 None Available
Prakash Samit $172,000 None Available
The Suzanne R Bethel Living Trust $159,900 None Available
Shavlik Franklin H -- Commonwealth Title
The Franklin H & Donna Lee Shavlik Trust -- --
Shavlik Frank H $155,750 Transnation Title
Kemple Joan F $147,500 --
Fairbanks David P $91,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Joelle Diane $240,000
Previous Owner Shavlik Franklin H $126,750
Previous Owner Shavlik Frank H $100,000
Previous Owner Kemple Joan F $60,000
Previous Owner Fairbanks David P $42,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2022 09/12/22 Sold $320,000 +0.3% $442 / Sq Ft
08/11/2022 08/11/22 For Sale $319,000 +85.5% $441 / Sq Ft
05/03/2020 05/03/20 Off Market $172,000 -- --
06/05/2019 06/05/19 Off Market $244,000 -- --
03/07/2019 03/07/19 Sold $244,000 -0.8% $337 / Sq Ft View Prior Sale
03/06/2019 03/06/19 Pending -- -- --
02/20/2019 02/20/19 Price Changed $246,000 -3.5% $340 / Sq Ft
11/29/2018 11/29/18 For Sale $255,000 +48.3% $352 / Sq Ft
08/11/2014 08/11/14 Sold $172,000 -1.7% $238 / Sq Ft View Prior Sale
07/12/2014 07/12/14 Pending -- -- --
07/03/2014 07/03/14 For Sale $175,000 -- $242 / Sq Ft
Source: IRES 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
2025 $1,495 $24,100 $1,668 $22,432
2024 $1,470 $24,100 $1,668 $22,432
2022 $1,362 $17,841 $1,731 $16,110
2021 $1,399 $18,354 $1,780 $16,574
2020 $1,385 $17,939 $1,780 $16,159
2019 $1,377 $17,939 $1,780 $16,159
2018 $977 $12,341 $1,793 $10,548
2017 $982 $12,341 $1,793 $10,548
2016 $917 $12,211 $1,982 $10,229
2015 $926 $12,210 $1,980 $10,230
2014 $884 $11,950 $1,980 $9,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 973193

IRES MLS

APN: 35234-20-001