$960,000
SOLD OCT 31, 2024

508 Promontory Dr Estes Park, CO 80517

3 Beds
2.5 Baths
2,303 Sq Ft
2007 Built

Recently Sold

$417 Per Sq Ft

4% Below List Price

57 Days on Market

Highlights

  • Water Views
  • Deck
  • Cathedral Ceiling
  • Open Floorplan
  • Wooded Lot
  • Wood Flooring

About This Home

As of October 2024

Elevate your Estes Park vacations with your own Rocky Mountain retreat! This immaculate condo provides a perfect blend of modern comfort and mountain charm, with the added benefit of a transferrable short term rental license. You'll feel perfectly at home with a cozy fireplace to unwind by after a day of adventure in the mountains. The open concept living space is surrounded by windows to allow for natural light and wonderful Valley Views. The stylish, fully equipped kitchen features sleek granite countertops, stainless steel appliances, and ample space for preparing gourmet meals or quick snacks before hitting the trails. Step outside to your private deck, where you can savor your morning coffee while gazing out at the tranquil waters of Marys Lake and soaking in the peaceful sounds of nature. When you're not exploring Rocky Mountain National Park, take advantage of nearby downtown Estes Park, with unique shops, restaurants, and the Riverwalk. Don't miss this chance to own a piece of Rocky Mountain paradise. Whether you're seeking a full-time residence, a personal getaway, or a savvy investment opportunity, this condo has it all. Start living the mountain lifestyle you've always dreamed of!

Last Agent to Sell the Property

Nicole White

eXp Realty - Inspired Living Group Listed on: 09/04/2024

eXp Realty - Inspired Living Group

Last Buyer's Agent

Kirk Fisher

RE/MAX Mountain Brokers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,286

Year Built

  • Built in 2007

Lot Details

  • Corner Lot
  • Level Lot
  • Wooded Lot

HOA Fees

  • $223 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway Level

Property Views

  • Water
  • Mountain

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding
  • Log Siding
  • Stone

Interior Spaces

  • 2,303 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Primary bathroom on main floor

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Radiant Heating System
  • Underground Utilities
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Low Pile Carpeting
  • Deck

Community Details

  • Association fees include snow removal, ground maintenance
  • Promontory At Kiowa Ridge Condos Supp 1, Ep Subdivision

Listing and Financial Details

  • Assessor Parcel Number R1645314

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,286

Year Built

Built in 2007

Lot Details

0

HOA Fees

$223 per month

Parking

2

Listing Details

  • Year Built: 2007
  • Prop. Type: Residential
  • Horses: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: PROMONTORY AT KIOWA RIDGE CONDOS SUPP 1, EP
  • Directions: From Estes Park, take Hwy 7 South. Turn right onto Mary's Lake Road. Followed by a left onto Promontory Dr. House will be on the left past the church(on the right).
  • Above Grade Finished Sq Ft: 2303
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2303
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
  • Accessibility Features: Level Lot, Level Drive, Low Carpet, Main Floor Bath, Main Level Bedroom
  • Has Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Gas Logs Included, Living Room
  • Fireplace: Yes
  • Flooring: Wood Floors
  • Interior Amenities: Satellite Avail, High Speed Internet, Separate Dining Room, Cathedral/Vaulted Ceilings, Open Floorplan, Pantry, Walk-In Closet(s), Beamed Ceilings
  • Living Area: 2303
  • Window Features: Window Coverings, Double Pane Windows
  • Room Bedroom3 Features: Carpet
  • Dining Room Features: Wood Floor
  • IRESDS_HasFamilyRoom: No
  • Living Room Living Room Level: Upper
  • Room Bedroom3 Area: 180
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 180
  • Room Bedroom3 Level: Lower
  • Master Bedroom Master Bedroom Width: 12
  • Room Bedroom2 Level: Lower
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Kitchen Features: Wood Floor
  • Room Living Room Area: 336
  • Living Room Features: Wood Floor
  • Room Kitchen Area: 140
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 252
  • Room Dining Room Area: 150
  • Master Bathroom Features: 5 Piece Primary Bath
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Sidewalks, Corner Lot, Wooded, Level, Rolling Slope, Within City Limits
  • View: Mountain(s), Foothills View, Water
  • Waterfront: No
  • Construction Type: Wood/Frame, Stone, Log, Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • IRESDS_Garage Sq Ft: 484
  • IRESDS_GarageType: Attached

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Electric: Electric, Town of Estes
  • Heating: Forced Air, Radiant, 2 or more Heat Sources
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Underground Utilities
  • Laundry Features: Washer/Dryer Hookups, Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, Town of Estes Park
  • Gas Company: Natural Gas, Excel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Grounds
  • Senior Community: No
  • Association Fee: 223
  • 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,Estes Park
  • HighSchool: Estes Park
  • Junior High Dist: Estes Park District
  • Middle Or Junior School: Estes Park

Lot Info

  • Zoning: A
  • Lot Size Sq Ft: 1
  • Parcel #: R1645314
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4286.17

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2024
Closed on
Oct 31, 2024
Sold by
Phillips Benjamin Lee and Phillips Lydia Ann
Bought by
165 Investments Llc and Rb40 Investments Llc
Seller's Agent
Nicole White
eXp Realty - Inspired Living Group
Buyer's Agent
Kirk Fisher
RE/MAX Mountain Brokers
List Price
$1,000,000
Sold Price
$960,000
Premium/Discount to List
-$40,000
-4%
Views
8
Current Estimated Value
$963,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,666
Avg. Annual Appreciation
0.47%

Purchase Details

Listed on
Feb 15, 2023
Closed on
Mar 27, 2023
Sold by
Stano Cathryn M
Bought by
Phillips Benjamin Lee and Phillips Lydia Ann
Seller's Agent
Cathryn Stano
First Colorado Realty
Buyer's Agent
Nicole White
eXp Realty - Inspired Living Group
List Price
$1,050,000
Sold Price
$1,050,000
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.45%
Original Mortgage
$787,500
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 18, 2019
Closed on
Aug 21, 2019
Sold by
Blatt David R and Blatt Melinda K
Bought by
Stano Cathryn M and Shafer Robert J
Seller's Agent
Tom Thomas
First Colorado Realty
Buyer's Agent
Tom Thomas
First Colorado Realty
List Price
$615,000
Sold Price
$615,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.02%
Original Mortgage
$307,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 3, 2014
Closed on
Aug 15, 2014
Sold by
Ethridge Mike and Ethridge Tracey
Bought by
Blatt David R and Blatt Melinda K
Seller's Agent
Peggy Lynch
RE/MAX Mountain Brokers
Buyer's Agent
Tom Thomas
First Colorado Realty
List Price
$525,000
Sold Price
$512,500
Premium/Discount to List
-$12,500
-2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.71%
Original Mortgage
$256,250
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2007
Sold by
The Promontory Llc
Bought by
L & B Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,300
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2007
Sold by
L & B Llc
Bought by
Ethridge Mike and Ethridge Tracey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,300
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2006
Sold by
The Promontory Llc
Bought by
L & B Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $960,000 None Listed On Document
Warranty Deed $1,050,000 --
Warranty Deed $615,000 None Available
Warranty Deed $615,000 None Available
Warranty Deed $512,500 Fidelity National Title Insu
Quit Claim Deed -- Commonwealth Title
Quit Claim Deed -- Commonwealth Title
Warranty Deed $482,900 Commonwealth Title
Warranty Deed $75,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $787,500 New Conventional
Previous Owner $750,000 New Conventional
Previous Owner $307,500 New Conventional
Previous Owner $256,250 New Conventional
Previous Owner $250,000 New Conventional
Previous Owner $386,300 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold $960,000 -4.0% $417 / Sq Ft
09/04/2024 09/04/24 For Sale $1,000,000 -4.8% $434 / Sq Ft
03/27/2023 03/27/23 Sold $1,050,000 0.0% $456 / Sq Ft
02/15/2023 02/15/23 For Sale $1,050,000 +104.9% $456 / Sq Ft
03/09/2021 03/09/21 Off Market $512,500 -- --
11/22/2019 11/22/19 Off Market $615,000 -- --
08/22/2019 08/22/19 Sold $615,000 0.0% $267 / Sq Ft
07/18/2019 07/18/19 For Sale $615,000 +20.0% $267 / Sq Ft
08/18/2014 08/18/14 Sold $512,500 -2.4% $223 / Sq Ft
07/19/2014 07/19/14 Pending -- -- --
07/03/2014 07/03/14 For Sale $525,000 -- $228 / 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 $4,361 $63,221 $8,790 $54,431
2024 $4,286 $63,221 $8,790 $54,431
2022 $3,334 $43,653 $9,118 $34,535
2021 $3,423 $44,909 $9,381 $35,528
2020 $3,342 $43,293 $9,381 $33,912
2019 $3,323 $43,293 $9,381 $33,912
2018 $2,943 $37,188 $9,446 $27,742
2017 $2,959 $37,188 $9,446 $27,742
2016 $2,669 $35,550 $10,444 $25,106
2015 $2,697 $35,550 $10,440 $25,110
2014 $2,617 $35,380 $10,440 $24,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 1017901

IRES MLS

APN: 34023-22-001