NOT LISTED FOR SALE

705 Meadow Dr Unit B Frisco, CO 80443

Estimated Value: $1,101,000 - $1,289,000

2 Beds
3 Baths
1,660 Sq Ft
$701/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $1,050,000 $633 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,819/month

42 Days on Market

Highlights

  • Open Floorplan
  • Fireplace in Primary Bedroom
  • Vaulted Ceiling
  • Mountain View
  • Deck
  • 5-minute walk to Meadow Creek Park

About This Home

As of September 2023

Experience unbeatable panoramic and breathtaking mountain views from this upgraded two-bedroom, three-bathroom with additional square footage exclusive to this floorplan and low HOA fees. Rare two-car heated garage to store all your recreational gear, plus additional parking space for a third vehicle. Light and bright through the numerous windows, complemented by vaulted ceilings. Private In-law studio with full bath. Flexible bonus room for a home office, craft room, or additional sleeping quarters. Cozy fireplaces in the great room and primary bedroom.
Walk or bike rides to downtown Frisco through beautiful wooded paths, over a bridge, and alongside a roaring creek. Convenient proximity to many amenities, including gorgeous Lake Dillon, Whole Foods, Natural Grocers, restaurants, banks, and medical facilities. and easy walk to the newly renovated transfer station and ride buses for free to all the nearby ski resorts.

Last Agent to Sell the Property

Jan Leopold

RE/MAX Properties Of The Summit License #40020741 Listed on: 06/29/2023

RE/MAX Properties Of The Summit

Last Buyer's Agent

Other MLS Non-REcolorado

NON MLS PARTICIPANT

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,834

Year Built

  • Built in 1998

Lot Details

  • 958

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Lighted Parking

Home Design

  • Tri-Level Property
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,660 Sq Ft Home
  • Open Floorplan
  • Partially Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Great Room with Fireplace
  • 2 Fireplaces
  • Den
  • Mountain Views
  • Walk-Out Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Frisco Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Exclusions: The King and queen head and footboard platform beds, mattresses, and sideboard antique dresser in the primary bedroom is excluded or negotiable. Exclusions are: 2 cream rectangle pillows on living room sofa, Succulent plant on coffee table, Cream throw/blanket on living room chair, Dining table: orchid, placemats, plates and cloth napkins, Upstairs patio - 2 pillows on patio chairs, In- law suite- plant next to lamp on bed, Faux plant/ grasses on table next to futon, Front door Welcome mat and plant, grey throw on downstairs bed, grey pillow cases for downstairs bed, 2 square throw pillows on living room sofa, bedding upstairs and downstairs with throw pillows.
  • Property held in a trust
  • Assessor Parcel Number 6505020

Community Details

Overview

  • Association fees include cable TV, insurance, irrigation, ground maintenance, snow removal, trash
  • Crossroads HOA, Phone Number (970) 453-2334
  • Crossroads Townhomes Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,834

Year Built

Built in 1998

Lot Details

0

HOA Fees

$400 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Structure Type: Townhouse
  • Levels: Tri-Level
  • Year Built: 1998
  • Above Grade Finished Sq Ft: 1660
  • Exclusions: The King and queen head and footboard platform beds, mattresses, and sideboard antique dresser in the primary bedroom is excluded or negotiable. Exclusions are: 2 cream rectangle pillows on living room sofa, Succulent plant on coffee table, Cream throw/blanket on living room chair, Dining table: orchid, placemats, plates and cloth napkins, Upstairs patio - 2 pillows on patio chairs, In- law suite- plant next to lamp on bed, Faux plant/ grasses on table next to futon, Front door Welcome mat and plant, grey throw on downstairs bed, grey pillow cases for downstairs bed, 2 square throw pillows on living room sofa, bedding upstairs and downstairs with throw pillows.
  • Living Area: 1660
  • Pets Allowed: Yes
  • Directions: From Summit Blvd, turn west on Hawn Drive. Left on Meadow Drive. Townhome on the left side at the end. Turn left to complex excess surface parking.
  • SubdivisionName: Crossroads Townhomes
  • Ownership: Corporation/Trust
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 1
  • REC_UpperLevelBedrooms: 1
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Fireplaces: 2
  • Interior Amenities: Ceiling Fan(s), Entrance Foyer, In-Law Floor Plan, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Tile, Wood
  • Fireplace Features: Great Room, Primary Bedroom
  • Full Bathrooms: 2
  • Basement: Walk-Out Access
  • Basement: No
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1

Exterior Features

  • Roof: Architecural Shingle
  • Construction Materials: Wood Siding
  • View: Mountain(s)
  • Patio and Porch Features: Covered, Deck

Garage/Parking

  • Parking Features: Concrete, Heated Garage, Lighted
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Total Parking Spaces: 2

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Phone Available
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Radiant

Condo/Co-op/Association

  • HOA Fee Includes: Cable TV, Insurance, Irrigation, Maintenance Grounds, Snow Removal, Trash
  • Association Name: Crossroads HOA
  • Association Fee Frequency: Monthly
  • Association Fee: 400
  • Phone: 970-453-2334
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 4800.00
  • REC_AssociationFeeTotalAnnual: 4800.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_AssociationURL: https://aepropertymanagement.com/hoa-management/crossroads-townhomes-hoa/

Schools

  • Middle Or Junior School: Summit

Lot Info

  • Parcel Number: 6505020
  • Building Area Total: 1660

Rental Info

  • Furnished: Partially

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2834

MLS Schools

  • Elementary School: Frisco
  • High School: Summit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2023
Closed on
Sep 22, 2023
Sold by
Laura Lee Merz Living Trust
Bought by
George Derik and George Maura
Seller's Agent
Jan Leopold
RE/MAX Properties Of The Summit
Buyer's Agent
Other MLS Non-REcolorado
NON MLS PARTICIPANT
List Price
$1,295,000
Sold Price
$1,050,000
Premium/Discount to List
-$245,000
-18.92%
Views
26
Current Estimated Value
$1,164,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,262
Avg. Annual Appreciation
5.04%
Original Mortgage
$464,000
Outstanding Balance
$454,396
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$709,866

Purchase Details

Closed on
Jan 19, 2016
Sold by
Merz Barry A and Merz Laura L
Bought by
Merz Laura Lee

Purchase Details

Closed on
Sep 17, 2007
Sold by
Merz Barry A and Merz Laura L
Bought by
Merz Barry A and Merz Laura L
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
George Derik $1,050,000 Land Title Guarantee
Merz Laura Lee -- None Available
Merz Barry A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open George Derik $464,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2023 09/22/23 Sold $1,050,000 -12.5% $633 / Sq Ft
07/16/2023 07/16/23 Price Changed $1,200,000 -7.3% $723 / Sq Ft
06/29/2023 06/29/23 For Sale $1,295,000 -- $780 / Sq Ft
Source: REcolorado®

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 $3,916 $75,113 -- --
2023 $3,916 $71,429 $0 $0
2022 $2,834 $48,914 $0 $0
2021 $2,859 $50,322 $0 $0
2020 $2,459 $46,182 $0 $0
2019 $2,426 $46,182 $0 $0
2018 $2,029 $37,450 $0 $0
2017 $1,858 $37,450 $0 $0
2016 $1,699 $33,729 $0 $0
2015 $1,646 $33,729 $0 $0
2014 $1,628 $32,941 $0 $0
2013 -- $32,941 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 3626890

REcolorado®

APN: 6505020