NOT LISTED FOR SALE

74 Willow Rd Unit 401 Vail, CO 81657

Estimated Value: $2,313,000 - $4,847,000

2 Beds
2 Baths
1,209 Sq Ft
1,307 Sq Ft Lot

Last Sold October 28, 2022

Last sale price $1,450,000 $1,199 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $19,589/month

28 Days on Market

Highlights

  • View of Trees or Woods
  • Vaulted Ceiling
  • Hydromassage or Jetted Bathtub
  • Ski Trails
  • Wood Flooring
  • 2-minute walk to Ford Park

About This Home

As of October 2022

Outstanding property that combines location, luxury, and convenience all in the core of Vail Village at an attractive price-point. In 2008 the entire building was razed and rebuilt in this walk to slopes and in-village location. Quality and luxury now abound replacing a tired building from the 1970's. The results are amazing! Now one of the original sites to be built on in the village is also one of the newest buildings too! The unique 25% deeded ownership is not like any other local fractional. Through a creative concept of shared ownership, The Willows at Vail utilize 28 deeded shares out of a total of 36 shares of 9 condominiums, allowing for the rental of the 8 shares of non-deeded shares to offset typical owner annual costs. With this unique expenses and revenue model, an owner is not subject to Monthly or Quarterly dues as is usual with condominium ownership. Additionally, there are no set dates or blackout dates for owners 28 days of use in the Winter Season or 28 days of use in the Summer Season (plus unlimited use in the off-seasons!). Owners simple schedule there use per use deadlines and the remaining dates contribute to the rental pool and potentially qualify for ''credit'' back. Further details to be provided upon request. This is a remarkably convenient ownership opportunity in the heart of the Vail Village with steps-to-everything location, newer 2008 construction, on-site storage and heated parking in an affordable price point for Vail Village!

Last Agent to Sell the Property

Mick Kelly

LIV Sotheby's Int Realty Beaver Creek Village Brokerage Phone: 970.376.5617 License #FA40027077 Listed on: 09/21/2022

LIV Sotheby's Int Realty Beaver Creek Village

Last Buyer's Agent

Jenifer Shay

Engel and Volkers License #FA40036758

Engel and Volkers

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2008

Lot Details

  • 1,307

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Fractional Ownership
  • Entry on the 1st floor
  • Poured Concrete
  • Frame Construction
  • Stone

Interior Spaces

  • 1,209 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Gas Fireplace
  • Views of Woods
  • Washer and Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Location

  • City Lot

Utilities

  • No Cooling
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 210108292016

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include cable TV, internet, management, taxes
  • The Willows Of Vail Subdivision

Recreation

  • Community Spa
  • Ski Trails

Security

  • Front Desk in Lobby
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Year Built

Built in 2008

Lot Details

0

Parking

1

Listing Details

  • HOA Fee Frequency: Annually
  • Entry Level: 1
  • Lot Size Acres: 0.03
  • Property Sub Type: Condominium
  • Prop. Type: Partial Ownership
  • Building Stories: 1
  • Year Built: 2008
  • Road Surface Type: All Year
  • Subdivision Name: The Willows Of Vail
  • Garage Yn: Yes
  • Attribution Contact: 970.376.5617
  • Special Features: None
  • Stories: 1

Interior Features

  • Entry Location: Main
  • Fireplace Features: Gas
  • Furnished: Furnished
  • Interior Amenities: Elevator, Fireplace - Gas, Jetted Bath, Vaulted Ceiling(s)
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Washer/Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Living Area: 1209.0
  • 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:Disposal: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:WasherDryer: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Jetted Bath: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Roof: See Remarks
  • View: Trees/Woods
  • Waterfront Features: See Remarks
  • Lot Features: City Lot, See Remarks, Walk to Slopes
  • Construction Type: Stone, Other
  • Foundation Details: Poured in Place
  • Construction:Frame: Yes
  • Waterfront Features:See Remarks23: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Assigned
  • General Info:Garage2: Yes
  • Parking:Assigned: Yes
  • General Info:_pound_ of Garage Stalls: 1.0

Utilities

  • Cooling: None
  • Heating: See Remarks
  • Sewer: See Remarks
  • Water Source: See Remarks
  • Cooling Y N: No
  • Utilities: Cable Available, See Remarks
  • Heating:See Remarks11: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: See Remarks
  • Amenities: Front Desk, On Site Management, Spa/Hot Tub
  • Association Fee Frequency: Annually

Association/Amenities

  • HOAComm Amenities:Front Desk: Yes
  • HOAComm Amenities:On Site Management: Yes
  • HOAComm Amenities:SpaHot Tub2: Yes
  • AssociationHOA Fee Includes:Cable TV: Yes
  • AssociationHOA Fee Includes:Internet: Yes
  • AssociationHOA Fee Includes:Management: Yes
  • Documents:Association Documents: Yes
  • Financing Info:Taxes Included In Association Fees YN2: Yes
  • AssociationHOA Fee Includes:Taxes3: Yes
  • AssociationHOA Fee Includes:See Remarks15: Yes
  • Keywords Info:Association YN: Yes

Fee Information

  • Association Fee Includes: Cable TV, Internet, Management, Taxes, See Remarks

Lot Info

  • Lot Size Sq Ft: 1306.0
  • Parcel #: 210108292016
  • Land Lease: No
  • Zoning: PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2024
Sold by
Cristalle Enterprises Ltd
Bought by
Buck Blessing
Current Estimated Value
$3,545,936

Purchase Details

Listed on
Sep 21, 2022
Closed on
Oct 28, 2022
Sold by
Elno T Zikmund Trust
Bought by
Jlkj Llc
Seller's Agent
Mick Kelly
LIV Sotheby's Int Realty Beaver Creek Village
Buyer's Agent
Jenifer Shay
Engel and Volkers
List Price
$1,575,000
Sold Price
$1,450,000
Premium/Discount to List
-$125,000
-7.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.59%
Original Mortgage
$1,457,764
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2009
Sold by
Willows Quarter Share Condominium Owners
Bought by
Zikmund E T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Buck Blessing $1,450,000 Land Title Guarantee Company
Jlkj Llc $1,450,000 Land Title
Zikmund E T -- None Available
Freed Curt R -- None Available
Hinds Richard De C -- None Available
Cristalle Enterprises Ltd -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jlkj Llc $1,457,764
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2022 10/28/22 Sold $1,450,000 -7.9% $1,199 / Sq Ft
10/19/2022 10/19/22 Pending -- -- --
09/21/2022 09/21/22 For Sale $1,575,000 -- $1,303 / 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
2024 $12,127 $254,980 -- $254,980
2023 $12,127 $254,980 $0 $254,980
2022 $11,014 $214,330 $0 $214,330
2021 $11,341 $220,490 $0 $220,490
2020 $10,052 $198,060 $0 $198,060
2019 $10,085 $198,060 $0 $198,060
2018 $9,673 $186,200 $0 $186,200
2017 $9,626 $186,200 $0 $186,200
2016 $10,897 $213,110 $0 $213,110
2015 -- $213,110 $0 $213,110
2014 $6,727 $143,090 $0 $143,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 1006207

Vail Multi-List Service

APN: R063482