NOT LISTED FOR SALE

550 Promontory Dr Estes Park, CO 80517

Estimated Value: $934,000 - $1,074,000

3 Beds
2.5 Baths
2,518 Sq Ft
$397/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $925,000 $367 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,804/month

4 Days on Market

Highlights

  • Water Views
  • Fireplace in Primary Bedroom
  • Wooded Lot
  • Open Floorplan
  • Deck
  • Cathedral Ceiling

About This Home

As of October 2021

This Premier location in The Promontory sits at the top of the road with amazing views of Marys Lake from the living room and deck. The owners have used this property as their second home since being built in 2007 and the property shows like new. This stand-alone condo, in Accommodation Zoning, can be your primary residence, second home, or vacation rental. Walk up the stairs to an open living area with cathedral ceiling and large windows. There are three fireplaces to enjoy the cool evenings, one in the family room and a double-sided fireplace between the living room and the master bedroom. There are two decks to enjoy the outdoors, a small deck off the dining room which backs to HOA open space and a side deck off the living room and master bedroom. This is Estes Park living at its finest!

Last Agent to Sell the Property

Alison Gilbert

eXp Realty - Inspired Living Group Listed on: 08/18/2021

eXp Realty - Inspired Living Group

Last Buyer's Agent

Tyson Letlow

HomeSmart Realty Partners Lvld

HomeSmart Realty Partners Lvld

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,403

Year Built

  • Built in 2007

Lot Details

  • Open Space
  • Rock Outcropping
  • Level Lot
  • Wooded Lot
  • Zero Lot Line

HOA Fees

  • $171 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,518 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Wood Frame Window
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Recreation Room with Fireplace
  • Water Views

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Painted or Stained Flooring
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer
  • Sink Near Laundry

Outdoor Features

  • Deck

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • High Speed Internet

Community Details

  • Association fees include trash, snow removal, ground maintenance
  • Promontory At Kiowa Ridge Condos Subdivision

Listing and Financial Details

  • Assessor Parcel Number R1646671

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,403

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
  • Subdivision Name: PROMONTORY AT KIOWA RIDGE CONDOS
  • Directions: Marys Lake Road to Promontory Drive. Bear right at Promontory sign. Take road all the way to the top. Property is last house on the left. No sign at property.
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Condo(Detached Only)
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2518
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Gas Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
  • Has Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: 2+ Fireplaces, Gas, Gas Logs Included, Living Room, Family/Recreation Room Fireplace, Primary Bedroom
  • Fireplace: Yes
  • Flooring: Wood Floors
  • Interior Amenities: High Speed Internet, Separate Dining Room, Cathedral/Vaulted Ceilings, Open Floorplan, Walk-In Closet(s)
  • Window Features: Window Coverings, Wood Frames, Skylight(s), Double Pane Windows
  • Room Bedroom3 Features: Carpet
  • Dining Room Features: Wood Floor
  • IRESDS_HasFamilyRoom: Yes
  • Living Room Living Room Level: Main
  • 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
  • Living Room Features: Wood Floor
  • Dining Room Dining Room Level: Main
  • Master Bathroom Features: Tub+Shower Primary
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Zero Lot Line, Fire Hydrant within 500 Feet, Wooded, Level, Rock Outcropping, Abuts Private Open Space, Within City Limits
  • View: Foothills View, Water
  • Waterfront: No
  • Construction Type: Wood/Frame, Wood Siding, Painted/Stained
  • Patio And Porch Features: 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 Estes
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Sink, Washer/Dryer Hookups, Lower Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: District Sewer
  • Water Source: City Water, Town of Estes
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • HOA Fee Includes: Trash, Snow Removal, Maintenance Grounds
  • Senior Community: No
  • Association Fee: 2050
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • 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: A
  • Lot Size Sq Ft: 1
  • Parcel #: R1646671
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3402.51

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Oct 12, 2021
Sold by
Zimmerman J Scott J and Zimmerman Barbara
Bought by
Miller David and Miller Ashley
Seller's Agent
Alison Gilbert
eXp Realty - Inspired Living Group
Buyer's Agent
Tyson Letlow
HomeSmart Realty Partners Lvld
List Price
$819,000
Sold Price
$925,000
Premium/Discount to List
$106,000
12.94%
Current Estimated Value
$1,000,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,358
Avg. Annual Appreciation
1.93%
Original Mortgage
$751,000
Outstanding Balance
$684,842
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$315,516

Purchase Details

Closed on
Jun 20, 2008
Sold by
The Promontory Llc
Bought by
Zimmerman J Scott and Zimmerman Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,825
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Miller David $925,000 None Available
Zimmerman J Scott $554,825 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller David $751,000
Previous Owner Zimmerman J Scott $344,825
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2022 01/10/22 Off Market $925,000 -- --
10/12/2021 10/12/21 Sold $925,000 +12.9% $367 / Sq Ft
08/22/2021 08/22/21 For Sale $819,000 0.0% $325 / Sq Ft
08/22/2021 08/22/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $819,000 -- $325 / 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 $4,451 $64,447 $8,790 $55,657
2024 $4,375 $64,447 $8,790 $55,657
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

  • Alison Gilbert

    Seller's Agent in 2021

    Alison Gilbert

    eXp Realty - Inspired Living Group

    (970) 227-0561

    65 in this area

    99 Total Sales

    Alison Gilbert
    Section Image
  • Tyson Letlow

    Buyer's Agent in 2021

    Tyson Letlow

    HomeSmart Realty Partners Lvld

    (970) 819-6461

    14 in this area

    37 Total Sales

    Tyson Letlow
    Section Image
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Map

Source: IRES MLS

MLS Number: 948802

IRES MLS

APN: 34023-22-017

Colorado Larimer County Estes Park 80517

550 Promontory Dr, 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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