NOT LISTED FOR SALE

508 S 7th Ave Unit 508 Frisco, CO 80443

Estimated Value: $2,233,000 - $2,313,000

3 Beds
3.5 Baths
2,357 Sq Ft
$961/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $992,500 $421 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $12,611/month

Highlights

  • Newly Remodeled
  • Vaulted Ceiling
  • 2 Car Garage
  • Mountain View
  • Wood Flooring
  • 3-minute walk to Frisco's Funtastic Funground

About This Home

As of September 2016

This brand spanking new detached townhome lives like a SFR! Fantastic views and sun, exquisite finishes and construction is what you've been waiting for! Great flowing floor plan, within a short stroll to the marina, Main Street, bus stop and National Forest! Under construction, so please call me and I will walk you through the details and the site.

Last Agent to Sell the Property

BJ McCarthy

RE/MAX Alliance License #FA1141765 Listed on: 07/01/2015

Last Buyer's Agent

Thomas Massaro

RE/MAX Properties of the Summit License #95256

RE/MAX Properties of the Summit

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,105

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 10,454

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor
  • Wood Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2,357 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Utility Room
  • Mountain Views

Kitchen

  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 6512484

Community Details

Overview

  • Frisco Town Sub Subdivision

Pet Policy

  • Only Owners Allowed Pets

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,105

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Subdivision Name: FRISCO TOWN SUB
  • Directions: Main Street to 5th south on 5th to Belford easst on Belford to new build on left
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Year Built: 2015
  • Property Sub Type Additional: Townhouse
  • Special Features: NewHome

Interior Features

  • Furnished: Unfurnished
  • Appliances: Cooktop, Dishwasher, Disposal, Microwave Hood Fan, Microwave, Range, Refrigerator, Dryer, Washer
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Fireplace, Cable TV, Vaulted Ceiling(s), Utility Room
  • Living Area: 2357.0
  • Stories: 2

Exterior Features

  • Lot Features: City Lot
  • View: Mountain(s)
  • View: Yes
  • Exclusions: No
  • Construction Type: Wood Frame
  • Property Condition: New Construction
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Heating: Natural Gas, Radiant
  • Heating Yn: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Trash Collection, Water Available, Cable Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Owner Only, Pet Restrictions

Lot Info

  • Lot Size Sq Ft: 10454.4
  • Parcel #: 6512484
  • Zoning Description: Multi-Family

Tax Info

  • Tax Annual Amount: 4104.92
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2015
Closed on
Sep 30, 2016
Sold by
Belfrisco Llc
Bought by
Adams Gaines D and Adams Laura C
Seller's Agent
BJ McCarthy
RE/MAX Alliance
Buyer's Agent
Thomas Massaro
RE/MAX Properties of the Summit
List Price
$992,500
Sold Price
$992,500
Current Estimated Value
$2,264,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,272,167
Avg. Annual Appreciation
9.59%
Original Mortgage
$750,000
Outstanding Balance
$602,027
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,662,640
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
Adams Gaines D $992,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Gaines D $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2016 09/30/16 Sold $992,500 0.0% $421 / Sq Ft
08/31/2016 08/31/16 Pending -- -- --
07/01/2015 07/01/15 For Sale $992,500 -- $421 / 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 $7,247 $135,869 -- --
2023 $7,247 $132,184 $0 $0
2022 $4,822 $83,226 $0 $0
2021 $4,865 $85,621 $0 $0
2020 $4,492 $84,376 $0 $0
2019 $4,432 $84,376 $0 $0
2018 $3,754 $69,296 $0 $0
2017 $3,438 $69,296 $0 $0
2016 $1,494 $29,659 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    BJ McCarthy

    RE/MAX

    (970) 390-0970

    11 in this area

    21 Total Sales

    BJ McCarthy
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Map

Source: Summit MLS

MLS Number: S392616

Summit MLS

APN: 6516865

Colorado Summit County Frisco 80443

508 S 7th Ave Unit 508, Frisco, CO

This home is located at 508 S 7th Ave Unit 508, Frisco, CO 80443 since 01 July 2015 and is currently estimated at $2,264,667, approximately $960 per square foot. This property was built in 2015. 508 S 7th Ave Unit 508 is a home located in Summit County with nearby schools including Frisco Elementary School, Summit Middle School, and Summit High School.

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