NOT LISTED FOR SALE

524 Promontory Dr Estes Park, CO 80517

Estimated Value: $926,000 - $1,044,000

3 Beds
2.5 Baths
2,592 Sq Ft
$378/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $710,000 $274 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,692/month

1 Day on Market

Highlights

  • Water Views
  • Open Floorplan
  • Wooded Lot
  • Spa
  • Deck
  • Raised Ranch Architecture

About This Home

As of January 2021

This desirable Promontory home gives you incredible flexibility with A1 zoning use. You will love coming home to this relaxing mountain retreat with incredible views. Whether you're sitting by the fire in the great room, fixing a feast in the gourmet kitchen, sipping wine in the hot tub, cuddling up in the master suite, or enjoying the peace and quiet from the deck looking out over Marys Lake and Lumpy Ridge, you may find it hard to leave this beautiful home. Home comes completely furnished ready for you to move in or use as a vacation rental should you choose to do so.

Last Agent to Sell the Property

Jeff Abel

Keller Williams Top of the Rockies Real Estate Listed on: 12/10/2020

Keller Williams Top of the Rockies Real Estate

Co-Listed By

Julie Abel

Keller Williams Top of the Rockies Real Estate

Last Buyer's Agent

Seth Hanson

Group Harmony

Group Harmony

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,345

Year Built

  • Built in 2007

Lot Details

  • Cul-De-Sac
  • Southern Exposure
  • Wooded Lot
  • Property is zoned A1

HOA Fees

  • $171 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Water
  • Mountain

Home Design

  • Raised Ranch Architecture
  • Patio Home
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,592 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Great Room with Fireplace
  • Family Room
  • Dining Room
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Painted or Stained Flooring
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Primary bathroom on main floor
  • Bathtub and Shower Combination in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck
  • Patio

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • 3364004000 Promontory At Kiowa Ridge Condos Sup Subdivision

Listing and Financial Details

  • Assessor Parcel Number R1647986

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,345

Year Built

Built in 2007

Lot Details

0

HOA Fees

$171 per month

Parking

2

Listing Details

  • Year Built: 2007
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Co List Office Mls Id: KWRP1
  • Subdivision Name: 3364004000 - PROMONTORY AT KIOWA RIDGE CONDOS SUP
  • Directions: From downtown Estes Park head east on E Elkhorn Ave. Take a slight right onto N St Vrain Ave. Then take a slight right onto CO-7 E/S St Vrain Ave. Turn right onto Marys Lake Rd. Turn left onto Promontory Dr. The property will be on the left side.
  • Architectural Style: Patio Home, Raised Ranch
  • Garage Yn: Yes
  • Unit Levels: Raised Ranch
  • New Construction: No
  • Efficiency: Southern Exposure
  • Building Stories: 1
  • Structure Type: Condo(Detached Only)
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2592
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Gas Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
  • Accessibility Features: Main Floor Bath, Main Level Bedroom, Stall Shower
  • Has Basement: 90%+ Finished Basement, Walk-Out Access
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Great Room
  • Fireplace: Yes
  • Flooring: Wood Floors
  • Interior Amenities: Satellite Avail, High Speed Internet, Separate Dining Room, Cathedral/Vaulted Ceilings, Open Floorplan
  • Window Features: Window Coverings, Double Pane Windows
  • Room Bedroom3 Features: Carpet
  • Dining Room Features: Wood Floor
  • IRESDS_HasFamilyRoom: Yes
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Lower
  • Room Bedroom2 Level: Lower
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Family Room Level: Lower
  • Room Kitchen Features: Wood Floor
  • Family Room Features: Carpet
  • Dining Room Dining Room Level: Main
  • Master Bathroom Features: Full Primary Bath, Tub+Shower Primary, Luxury Features Primary Bath, 5 Piece Primary Bath
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Wooded
  • View: Mountain(s), Water
  • Waterfront: No
  • Construction Type: Wood/Frame, Painted/Stained
  • Exterior Features: Hot Tub Included
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Deck
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage Door Opener
  • IRESDS_GarageType: Attached

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric, Town of EP
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups, Lower Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: District Sewer
  • Water Source: City Water, Town of Estes Park
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Senior Community: No
  • Association Fee: 2050
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • 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: A1
  • Lot Size Sq Ft: 1
  • Parcel #: R1647986
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3345.08

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2023
Sold by
Laura A Mccudden Living Trust
Bought by
Promontory 524 Llc
Current Estimated Value
$980,500

Purchase Details

Listed on
Dec 10, 2020
Closed on
Jan 15, 2021
Sold by
Jones Robert Lynn and Jones Susan Kay
Bought by
Laura A Mccudden Living Trust
Seller's Agent
Jeff Abel
Keller Williams Top of the Rockies Real Estate
Buyer's Agent
Seth Hanson
Group Harmony
List Price
$695,000
Sold Price
$710,000
Premium/Discount to List
$15,000
2.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%

Purchase Details

Listed on
Sep 13, 2016
Closed on
Oct 31, 2016
Sold by
Wesley G Adams Revocable Trust
Bought by
Jones Robert Lynn and Jones Susan Kay
Seller's Agent
Christian Collinet
First Colorado Realty
Buyer's Agent
Julie Abel
Keller Williams Top of the Rockies Real Estate
List Price
$549,000
Sold Price
$535,000
Premium/Discount to List
-$14,000
-2.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.95%
Original Mortgage
$401,250
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 18, 2015
Closed on
Sep 18, 2015
Sold by
Gaines David W and Gaines Sandra Lee
Bought by
The Wesley G Adams Revocable Trust
Seller's Agent
Linda Schneider
Resident Realty
Buyer's Agent
Christian Collinet
First Colorado Realty
List Price
$525,000
Sold Price
$508,000
Premium/Discount to List
-$17,000
-3.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%

Purchase Details

Closed on
Feb 6, 2012
Sold by
Gaines David W
Bought by
Gaines David W and Gaines Sandra Lee

Purchase Details

Closed on
Nov 8, 2010
Sold by
Jackson Stephen S and Jackson Adele M
Bought by
Gaines David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,500
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2007
Sold by
Jackson Stephen S and Jackson Adele M
Bought by
The Promontory Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.47%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 26, 2007
Sold by
The Promontory Llc
Bought by
Jackson Stephen S and Jackson Adele M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.47%
Mortgage Type
Construction
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
Promontory 524 Llc -- --
Laura A Mccudden Living Trust $710,000 Unified Title Company
Jones Robert Lynn $535,000 None Available
The Wesley G Adams Revocable Trust $508,000 North American Title
Gaines David W -- None Available
Gaines David W $450,000 Chicago Title Co
Jackson Stephen S -- Chicago Title Co
The Promontory Llc -- None Available
Jackson Stephen S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Robert Lynn $401,250
Previous Owner Gaines David W $404,500
Previous Owner Jackson Stephen S $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2022 04/15/22 Off Market $710,000 -- --
03/09/2021 03/09/21 Off Market $508,000 -- --
01/15/2021 01/15/21 Sold $710,000 +2.2% $274 / Sq Ft
12/10/2020 12/10/20 For Sale $695,000 +29.9% $268 / Sq Ft
01/28/2019 01/28/19 Off Market $535,000 -- --
10/31/2016 10/31/16 Sold $535,000 -2.6% $206 / Sq Ft View Prior Sale
10/01/2016 10/01/16 Pending -- -- --
09/13/2016 09/13/16 For Sale $549,000 +8.1% $212 / Sq Ft
09/18/2015 09/18/15 Sold $508,000 -3.2% $196 / Sq Ft View Prior Sale
08/28/2015 08/28/15 Pending -- -- --
06/18/2015 06/18/15 For Sale $525,000 -- $203 / 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 $4,367 $63,308 $8,790 $54,518
2024 $4,293 $63,308 $8,790 $54,518
2022 $3,381 $44,278 $9,118 $35,160
2021 $3,472 $45,553 $9,381 $36,172
2020 $3,364 $43,579 $9,381 $34,198
2019 $3,345 $43,579 $9,381 $34,198
2018 $3,063 $38,700 $9,446 $29,254
2017 $3,080 $38,700 $9,446 $29,254
2016 $2,804 $37,341 $10,444 $26,897
2015 $2,833 $37,340 $10,440 $26,900
2014 $2,788 $37,690 $10,440 $27,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 929977

IRES MLS

APN: 34023-22-009