NOT LISTED FOR SALE

525 Pine River Ln Unit F Estes Park, CO 80517

Estimated Value: $617,000 - $924,000

4 Beds
3 Baths
1,836 Sq Ft
$424/Sq Ft Est. Value

Last Sold December 02, 2020

Last sale price $799,999 $436 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,508/month

170 Days on Market

Highlights

  • Spa
  • Open Floorplan
  • Wood Flooring
  • Waterfront
  • Multiple Fireplaces
  • Steam Shower

About This Home

As of December 2020

Amazing riverfront "Income-Beast" property with views of Longs Peak and The Divide, convenience of walking into town and short drive to Rocky Mountain National Park. Commercial zoned 4BR/3BA detached condo-home with short term rental license allows for 10 legal guests. Consistently grossing 90k(+) annually with potential for growth. Includes indoor luxuries of steam shower, jetted tub, 2 gas fireplaces, and finishes of wood, tile and warm colors throughout. Enjoy outdoor luxuries of hot tub, piped natural gas grill and fire pit, with river front patio space. Enjoy the sounds of the river and views of the mountains after enjoying the day in Rocky Mountain National Park or exploring downtown. An opportunity not to be missed! (More photos to come!)

Last Agent to Sell the Property

Heidi Riedesel

Madison & Company Properties Listed on: 06/12/2020

Last Buyer's Agent

Amy Payne

The Home Brokers LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,015

Year Built

  • Built in 1978

Lot Details

  • 436 Sq Ft Lot
  • Waterfront
  • Cul-De-Sac

HOA Fees

  • $155 Monthly HOA Fees

Property Views

  • Water
  • Mountain

Home Design

  • Cabin
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,836 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms
  • Steam Shower
  • Spa Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Access to stream, creek or river
  • Balcony
  • Patio
  • Outdoor Gas Grill

Schools

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

Utilities

  • Cooling Available
  • Baseboard Heating
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit
  • Assessor Parcel Number R1622850

Community Details

Overview

  • Association fees include trash, snow removal, ground maintenance
  • River Bend Condos Subdivision

Building Details

  • Gross Income $96,185
  • Net Operating Income $67,301

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,015

Year Built

Built in 1978

Lot Details

0

HOA Fees

$155 per month

Listing Details

  • Year Built: 1978
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Attached Dwelling
  • Horses: No
  • Lot Size Acres: 0.01
  • Road Frontage Type: Priv Rd up to County Standards
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: River Bend Condos
  • Directions: From Hwy 34/36 intersection head west on E. Elkhorn Ave. Take a L at the lights onto E. Riverside Dr. Continue straight at stop sign. R onto Pine River Lane. L at 525 stone sign on left hand side. Driveway is sharp R after storage. No property sign.
  • Architectural Style: Cabin
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1836
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Single Family
  • Spa Features: Bath, Private
  • Private Spa: Yes
  • Appliances: Gas Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave
  • Total Bedrooms: 4
  • Entry Location: Outside Entry
  • Fireplace Features: 2+ Fireplaces, Gas
  • Fireplace: Yes
  • Flooring: Wood Floors
  • Interior Amenities: Satellite Avail, High Speed Internet, Open Floorplan, Stain/Natural Trim, Outside Entry, Kitchen Island, Steam Shower
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Other
  • Lot Features: Cul-De-Sac, Level, Within City Limits
  • View: Mountain(s), Water
  • Waterfront Features: Abuts Stream/Creek/River
  • Waterfront: Yes
  • Construction Type: Wood/Frame
  • Exterior Features: Gas Grill, Balcony
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric, Estes Park
  • Heating: Baseboard, 2 or more Heat Sources
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: District Sewer
  • Water Source: City Water, Estes Park
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • HOA Fee Includes: Trash, Snow Removal, Maintenance Grounds
  • Senior Community: No
  • Association Fee: 465
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • 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: CO
  • Lot Size Sq Ft: 436
  • Parcel #: R1622850
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3014.72

Multi Family

  • Annual Gross Income: 96184.8
  • Income Includes: ["Lease/Rents"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Dec 2, 2020
Sold by
Livingston Roberta Jane
Bought by
Gg Properties Llc
Seller's Agent
Heidi Riedesel
Madison & Company Properties
Buyer's Agent
Amy Payne
The Home Brokers LLC
List Price
$839,000
Sold Price
$799,999
Premium/Discount to List
-$39,001
-4.65%
Current Estimated Value
$778,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,033
Avg. Annual Appreciation
-0.54%

Purchase Details

Listed on
Jun 12, 2020
Closed on
Nov 25, 2020
Sold by
Livingston Roberta Jane
Bought by
Gg Properties Llc
Seller's Agent
Heidi Riedesel
Madison & Company Properties
Buyer's Agent
Amy Payne
The Home Brokers LLC
List Price
$839,000
Sold Price
$799,999
Premium/Discount to List
-$39,001
-4.65%

Purchase Details

Closed on
Jan 11, 2007
Sold by
Ramsey Stephen P and Ramsey Beth A
Bought by
Livingston Roberta Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2003
Sold by
Fisher Thomas G and Fisher Peggy Sue
Bought by
Ramsey Stephen P and Ramsey Beth A
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
Gg Properties Llc $799,999 Unified Title Company
Gg Properties Llc $799,999 None Listed On Document
Livingston Roberta Jane $312,000 None Available
Ramsey Stephen P $167,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Livingston Roberta Jane $234,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2021 03/02/21 Off Market $799,999 -- --
12/02/2020 12/02/20 Sold $799,999 -1.2% $436 / Sq Ft
11/29/2020 11/29/20 Pending -- -- --
09/16/2020 09/16/20 Price Changed $809,900 -1.8% $441 / Sq Ft
09/12/2020 09/12/20 Price Changed $824,900 -1.7% $449 / Sq Ft
06/12/2020 06/12/20 For Sale $839,000 -- $457 / 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 $3,294 $48,655 $2,680 $45,975
2024 $3,238 $48,655 $2,680 $45,975
2022 $2,796 $36,613 $2,780 $33,833
2021 $2,871 $37,666 $2,860 $34,806
2020 $3,032 $39,275 $2,860 $36,415
2019 $3,015 $39,275 $2,860 $36,415
2018 $2,573 $32,508 $2,880 $29,628
2017 $2,587 $32,508 $2,880 $29,628
2016 $2,218 $29,540 $3,184 $26,356
2015 $2,241 $29,540 $3,180 $26,360
2014 $1,970 $26,630 $2,540 $24,090
Source: Public Records

Agents Affiliated with this Home

  • Heidi Riedesel

    Seller's Agent in 2020

    Heidi Riedesel

    Madison & Company Properties

    (970) 691-7083

    27 in this area

    39 Total Sales

    Heidi Riedesel
    Section Image

  • A

    Buyer's Agent in 2020

    Amy Payne

    The Home Brokers LLC

    (720) 352-8355

    1 in this area

    34 Total Sales

    Amy Payne
    Section Image
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Map

Source: IRES MLS

MLS Number: 914881

IRES MLS

APN: 35253-99-006

Colorado Larimer County Estes Park 80517

525 Pine River Ln Unit F, Estes Park, CO

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS.

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