$4,450,000
SOLD DEC 14, 2018

706 Forest Rd Unit B Vail, CO 81657

4 Beds
4.5 Baths
3,106 Sq Ft
0.67 Acres

Recently Sold

$1,433 Per Sq Ft

8% Below List Price

Highlights

  • Golf Course Community
  • Spa
  • Ski Trails
  • Fitness Center
  • 0.67 Acre Lot
  • Mountain View

About This Home

As of September 2021

Unique half-duplex in a prime, ski-in location along Vail's prestigious Forest Road with opportunity for expansion and redevelopment. This home is located just West of the Born Free ski run, walking distance from the ski slope with a 2-car attached garage. An updated interior featuring four spacious bedrooms and a large, open great room perfect for entertaining. mls.706forestroad.com

Last Agent to Sell the Property

Tye Stockton

LIV Sotheby's Int. Realty-Vail Mountain Haus Listed on: 12/14/2018

Last Buyer's Agent

Steven MacDonald

Coldwell Banker Devonshire

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,013

Year Built

  • Built in 1980

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,106 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Mountain Views
  • Washer and Dryer

Kitchen

  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Spa
  • Deck

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Phone Available
  • Cable TV Available

Additional Features

  • 0.67 Acre Lot
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 210107211022
  • Seller Concessions Not Offered

Community Details

Overview

  • No Home Owners Association
  • Vail Village 6 Subdivision

Recreation

  • Golf Course Community
  • Fitness Center
  • Ski Trails
  • Snow Removal

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,013

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Lot Size Acres: 0.67
  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Building Stories: 3
  • Year Built: 1980
  • Subdivision Name: Vail Village 6
  • Tax Parcel Letter: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Entry Location: 1
  • Fireplace Features: Gas, Wood Burning
  • Furnished: Partially
  • Interior Amenities: Fireplace - Gas, Fireplace - Wood, Spa/Hot Tub, Vaulted Ceiling(s)
  • Appliances: Cooktop, Dishwasher, Dryer, Range, Refrigerator, Washer, Washer/Dryer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Stone, Wood
  • Living Area: 3106.0
  • ResoLivingAreaSource: Appraiser
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Range: Yes
  • Appliances Included:Refrigerator: Yes
  • Interior Features:Fireplace - Gas: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplace Features:Gas3: Yes
  • Appliances Included:WasherDryer: Yes
  • Interior Features:Fireplace - Wood: Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances Included:Cooktop: Yes
  • Interior Features:SpaHot Tub: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • View: Mountain(s)
  • Lot Features: City Lot, Walk to Slopes
  • Construction Type: Other
  • Foundation Details: Concrete Perimeter
  • Construction:Frame: Yes
  • Patio and Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Other
  • Parking:Other6: Yes
  • General Info:_pound_ of Garage Stalls: 2.0

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard, Natural Gas
  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Snow Removal, Trash, Water Available
  • Heating:Baseboard: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Fitness Center, Golf
  • Amenities: None
  • Pets Allowed: Yes

Association/Amenities

  • HOAComm Amenities:None2: Yes
  • AssociationHOA Fee Includes:None: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Sq Ft: 29185.0
  • Parcel #: 210107211022
  • Land Lease: No
  • Zoning: Two-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 14012.76
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2020
Sold by
706 Forest Road B Llc
Bought by
706 Forest Road B Llc
Current Estimated Value
$3,983,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,500,000
Interest Rate
4.75%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 1, 2019
Sold by
Ostling Paul J and Ostling Danita K
Bought by
Forest Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,500,000
Interest Rate
4.75%
Mortgage Type
Construction

Purchase Details

Listed on
Dec 14, 2018
Closed on
Dec 14, 2018
Sold by
Maple Mountain Properties Llc
Bought by
Ostling Paul J and Ostling Danita K
Seller's Agent
Tye Stockton
LIV Sotheby's Int. Realty-Vail Mountain Haus
Buyer's Agent
Steven MacDonald
Coldwell Banker Devonshire
List Price
$4,850,000
Sold Price
$4,450,000
Premium/Discount to List
-$400,000
-8.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2013
Sold by
Illig Clifford W and Illig Bonnie A
Bought by
Maple Mountain Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,588,500
Interest Rate
4.46%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 11, 1999
Sold by
Herman Michael E and Herman Karen M
Bought by
Illig Clifford W and Illig Bonne A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
7.04%
Source: Public Records

Similar Homes in Vail, CO

  • 775 Potato Patch Dr Unit E, Vail, CO 81657

    $4,650,000

    • 5 Beds
    • 4 Baths
    • 3,876 Sq Ft
    • 775 Potato Patch Dr
    • Unit E
    • Vail, CO

    Perched in the coveted Potato Patch neighborhood, this beautifully appointed 5-bedroom, 4-bathroom duplex offers the perfect blend of luxury, privacy, and mountain views. With a spacious open floor plan designed for entertaining and everyday comfort, this home checks all the boxes for mountain living—without compromising on modern touches.Step inside to discover European wood flooring,

    Ann Foster Slifer Smith & Frampton - 281 Bridge Street

    Section Image
  • 777 Potato Patch Dr Unit A, Vail, CO 81657

    $4,500,000

    • 4 Beds
    • 4.5 Baths
    • 4,318 Sq Ft
    • 777 Potato Patch Dr
    • Unit A
    • Vail, CO

    Nestled in one of Vail's most coveted neighborhoods, this exceptional mountain retreat offers the perfect blend of privacy , luxury, and convenience. Tucked away in a secluded grove of majestic Aspens and just minutes from world-class skiing, dining, and shopping, this home offers a rare chance to own a piece of the Vail Valley's vibrant heart.Thoughtfully designed with

    Caroline Wagner Coldwell Banker Mtn Properties

    Section Image
  • 811 Potato Patch Dr Unit B, Vail, CO 81657

    $5,395,000

    • 3 Beds
    • 3.5 Baths
    • 3,986 Sq Ft
    • 811 Potato Patch Dr
    • Unit B
    • Vail, CO

    When it comes to real estate, the first thing most buyers look for is a breathtaking view. This property delivers just that along with abundant mountain sunshine and privacy. Located in the prestigious Potato Patch area, known for its scenic beauty and as a neighborhood of choice for many of Vail's prominent long-time owners. With hiking and biking trails in the nearby national forest, this area

    Donna Caynoski Slifer Smith & Frampton/Four Seasons

    Section Image
  • 1359 Greenhill Ct Unit E, Vail, CO 81657

    $5,395,000

    • 4 Beds
    • 3.5 Baths
    • 3,189 Sq Ft
    • 1359 Greenhill Ct
    • Unit E
    • Vail, CO

    Cascade Neighborhood Duplex near Ski Lift Access. Beautifully updated 4-bedroom, 4-bathroom duplex in the coveted Cascade neighborhood. Offering the privacy and feel of a single-family home, this property features a separate, heated driveway, spacious backyard, and its own sense of seclusion. Inside, you'll find a bright and airy great room with vaulted ceilings, large windows, and new white oak

    Matt Seatvet Berkshire Hathaway - Vail VLG

    Section Image
  • 2417 Garmisch Dr Unit B, Vail, CO 81657

    $4,895,000

    • 6 Beds
    • 5 Baths
    • 3,689 Sq Ft
    • 2417 Garmisch Dr
    • Unit B
    • Vail, CO

    Experience elevated mountain living in this beautifully designed duplex which perfectly blends timeless alpine architecture with sophisticated modern updates. Set against the serene backdrop of West Vail North, this expansive 6-bedroom, 5-bathroom retreat offers the comfort and flexibility which refined buyers seek. Thoughtfully curated by Winslow House Interiors, this home exudes warmth and

    Alex Griffin LIV Sotheby's Int. Realty-Vail Mountain Haus

    Section Image
  • 1895 Sunburst Dr Unit A (West Side), Vail, CO 81657

    $4,500,000

    • 4 Beds
    • 3 Baths
    • 2,545 Sq Ft
    • 1895 Sunburst Dr
    • Unit A (West Side)
    • Vail, CO

    Value on the Vail Golf Course! The natural light drenched A side of this duplex is for sale for the first time by the original family. The Western A side of the duplex delights upon entry with a high ceilinged living room wrapped on two sides with a wall of windows. The room is flooded with natural light! Enjoy golfers playing the Vail Golf Course all Summer. Drink in gorgeous sunsets all year

    Mitch Whiteford Slifer Smith & Frampton- 230 Bridge Street

    Section Image
  • 1895 Sunburst Dr Unit B, Vail, CO 81657

    $5,100,000

    • 5 Beds
    • 3.5 Baths
    • 2,946 Sq Ft
    • 1895 Sunburst Dr
    • Unit B
    • Vail, CO

    A rare offering on the Vail Golf Course. This is the primary side which can be purchased individually or alongside the secondary side allowing for a new primary/secondary development or a single-family estate. Bordering the 18th fairway with beautiful mountain and Aspen grove views, this home provides comfortable and amble living space with 5-Bedrooms, a secondary living/family room and a 2-car

    Kyle Denton Berkshire Hathaway - Vail VLG

    Section Image
  • 2665 Bald Mountain Rd, Vail, CO 81657

    $4,100,000

    • 4 Beds
    • 4.5 Baths
    • 3,380 Sq Ft
    • 2665 Bald Mountain Rd
    • Vail, CO

    This exceptional custom-built home showcases breathtaking views of the Gore Mountain Range and a thoughtfully designed layout that balances luxury and comfort. Featuring four spacious en suite bedrooms, this multi-level retreat ensures privacy for family and guests alike.The chef's kitchen is a culinary dream, complete with high-end appliances, a butler's pantry, and ample prep space. An

    Jenifer Shay Engel and Volkers

    Section Image
  • 3245 Katsos Ranch Rd Unit A, Vail, CO 81657

    $3,995,000

    • 4 Beds
    • 4.5 Baths
    • 3,732 Sq Ft
    • 3245 Katsos Ranch Rd
    • Unit A
    • Vail, CO

    Step into this beautifully remodeled home that offers an open concept main floor, where living and dining areas seamlessly blend under soaring vaulted ceilings with the kitchen. Expansive windows flood the home with natural light, creating a cozy and inviting atmosphere. The living room is perfect for entertaining or relaxing, complete with white oak wide-plank floors and a floor-to-ceiling

    Patrice Ringler Slifer Smith & Frampton - 281 Bridge Street

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Land Title Guarantee
Quit Claim Deed -- None Available
Warranty Deed $4,450,000 Land Title Guarantee Co
Quit Claim Deed -- Stewart Title
Warranty Deed $1,800,000 Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $8,092,500 New Conventional
Closed $5,500,000 Construction
Closed $5,500,000 Construction
Previous Owner $3,000,000 New Conventional
Previous Owner $2,588,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $2,520,000 Unknown
Previous Owner $1,163,224 Unknown
Previous Owner $1,186,805 Unknown
Previous Owner $1,400,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2021 09/29/21 Sold $12,450,000 -4.1% $2,272 / Sq Ft
08/15/2021 08/15/21 Pending -- -- --
09/30/2020 09/30/20 For Sale $12,980,000 +191.7% $2,369 / Sq Ft
12/14/2018 12/14/18 Sold $4,450,000 -8.2% $1,433 / Sq Ft
12/14/2018 12/14/18 Pending -- -- --
12/14/2018 12/14/18 For Sale $4,850,000 -- $1,561 / Sq Ft
Source: Vail Multi-List Service

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
2020 $11,342 $223,490 $183,060 $40,430
2019 $14,123 $277,360 $183,060 $94,300
2018 $14,081 $271,050 $130,360 $140,690
2017 $14,013 $271,050 $130,360 $140,690
2016 $14,090 $275,560 $138,290 $137,270
2015 -- $275,560 $138,290 $137,270
2014 -- $238,800 $129,400 $109,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Vail Multi-List Service

MLS Number: 934016

Vail Multi-List Service

APN: R008778