NOT LISTED FOR SALE

542 Promontory Dr Estes Park, CO 80517

Estimated Value: $981,112 - $1,069,000

3 Beds
2.5 Baths
2,518 Sq Ft
$402/Sq Ft Est. Value

Last Sold June 05, 2019

Last sale price $665,000 $264 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,868/month

1 Day on Market

Highlights

  • Water Views
  • Open Floorplan
  • Contemporary Architecture
  • Spa
  • Deck
  • Wooded Lot

About This Home

As of June 2019

Come 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 Mary's Lake and Lumpy Ridge, you may find it hard to leave this beautiful home. The A-1 zoning give you incredible flexibility in how you use this property and these condos don't come on the market often.

Last Agent to Sell the Property

Jeff Abel

Keller Williams Top of the Rockies Real Estate Listed on: 05/04/2019

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

Heidi Riedesel

Madison & Company Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,059

Year Built

  • Built in 2007

Lot Details

  • Open Space
  • East Facing Home
  • Sloped Lot
  • Wooded Lot
  • Property is zoned A1

HOA Fees

  • $171 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Water
  • Mountain

Home Design

  • Contemporary Architecture
  • Raised Ranch Architecture
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,518 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Window Treatments
  • Family Room
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Balcony
  • Deck

Schools

  • Estes Park Elementary And 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 snow removal, ground maintenance, management
  • Promontory At Kiowa Ridge Condos Subdivision

Listing and Financial Details

  • Assessor Parcel Number R1646669

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,059

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: Priv Rd up to County Standards
  • Road Surface Type: Paved, Asphalt
  • Co List Office Mls Id: KWRP1
  • Subdivision Name: Promontory at Kiowa Ridge Condos
  • Directions: From Estes Park take Hwy 7 south for 3.5 miles to Mary's Lake Rd, Turn right on Marys Lake Rd for .3 miles and turn left on Promontory Dr. for .1 miles. House is on the left.
  • Architectural Style: Contemporary/Modern, Raised Ranch
  • Garage Yn: Yes
  • Unit Levels: Raised Ranch
  • New Construction: No
  • Building Stories: 1
  • Kitchen Level: Upper
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2518
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Gas Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
  • Has Basement: 90%+ Finished Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Wood Floors
  • Interior Amenities: Satellite Avail, High Speed Internet, Eat-in Kitchen, Cathedral/Vaulted Ceilings, Open Floorplan, Pantry, Walk-In Closet(s)
  • Window Features: Window Coverings, Skylight(s)
  • Room Bedroom3 Features: Carpet
  • Dining Room Features: Wood Floor
  • IRESDS_HasFamilyRoom: Yes
  • Master Bedroom Master Bedroom Level: Upper
  • 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
  • Dining Room Dining Room Level: Upper
  • Master Bathroom Features: Full Primary Bath, Luxury Features Primary Bath, 5 Piece Primary Bath
  • ResoLivingAreaSource: Plans

Exterior Features

  • Roof: Composition
  • Lot Features: Wooded, Sloped, Abuts Private Open Space
  • View: Mountain(s), Water
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Direction Faces: East
  • Exterior Features: Balcony, Hot Tub Included
  • Patio And Porch Features: Deck
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • 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: City Sewer
  • Water Source: City Water, Town of Estes Park
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Grounds, Management
  • Senior Community: No
  • Association Fee: 2050.28
  • Association Fee Frequency: Annually
  • 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: A1
  • Lot Size Sq Ft: 1
  • Parcel #: R1646669
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3059.08

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2019
Closed on
Jun 5, 2019
Sold by
Miller Roger Terrell and Miller Penny Mariott
Bought by
Varela Gregory and Varela Holly B
Seller's Agent
Jeff Abel
Keller Williams Top of the Rockies Real Estate
Buyer's Agent
Heidi Riedesel
Madison & Company Properties
List Price
$665,000
Sold Price
$665,000
Current Estimated Value
$1,013,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,028
Avg. Annual Appreciation
6.80%
Original Mortgage
$265,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2017
Sold by
Fleming Edward P
Bought by
Miller Roger Terrell and Miller Penny Mariott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,100
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2008
Sold by
Fleming Stefanie M
Bought by
Fleming Edward P

Purchase Details

Closed on
Mar 6, 2008
Sold by
The Promontory Llc
Bought by
Fleming Edward P and Fleming Stefanie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
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
Varela Gregory $665,000 Unified Title Company
Miller Roger Terrell $540,000 None Available
Fleming Edward P -- None Available
Fleming Edward P $539,900 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Varela Gregory $265,000
Previous Owner Miller Roger Terrell $424,100
Previous Owner Fleming Edward P $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2021 05/12/21 Off Market $665,000 -- --
06/05/2019 06/05/19 Sold $665,000 0.0% $264 / Sq Ft
05/04/2019 05/04/19 For Sale $665,000 -- $264 / 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 $4,421 $64,045 $8,790 $55,255
2024 $4,346 $64,045 $8,790 $55,255
2022 $3,395 $44,459 $9,118 $35,341
2021 $3,486 $45,739 $9,381 $36,358
2020 $3,403 $44,080 $9,381 $34,699
2019 $3,384 $44,080 $9,381 $34,699
2018 $3,059 $38,649 $9,446 $29,203
2017 $3,076 $38,649 $9,446 $29,203
2016 $2,785 $37,094 $10,444 $26,650
2015 $2,814 $37,090 $10,440 $26,650
2014 $2,757 $37,270 $10,440 $26,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 880080

IRES MLS

APN: 34023-22-015