NOT LISTED FOR SALE

825 W Forest Rd Unit 11 Vail, CO 81657

Estimated Value: $7,694,000 - $12,675,636

5 Beds
5.5 Baths
4,285 Sq Ft
$2,377/Sq Ft Est. Value

Last Sold March 19, 2012

Last sale price $7,500,000 $1,750 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $58,999/month

27 Days on Market

Highlights

  • Views of Ski Resort
  • Ski Trails
  • Vaulted Ceiling
  • Indoor Spa
  • Deck
  • Marble Flooring

About This Home

As of March 2012

The ultimate in luxurious mountain living awaits you at Gore Creek Place #11. This five bedroom home is designed in a European country rustic theme. The exterior is constructed of stone, stucco and accented with heavy timbers. A walk out terrace on the lower level is complemented with a private hot tub and landscaping which shares in the intimacy of Gore Creek. This masterfully designed home is adjacent to a creek side path and offers expansive south facing views across Gore Creek to Vail.

Last Agent to Sell the Property

Matt Fitzgerald

LIV Sotheby's Int. Realty-Vail Mountain Haus Listed on: 12/17/2011

Last Buyer's Agent

Led Gardner

Slifer Smith & Frampton- 230 Bridge Street License #EA40013807

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,831

Year Built

  • Built in 2006

Lot Details

  • 7,405

HOA Fees

  • $2,296 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Subterranean Parking

Property Views

  • River
  • Ski Resort
  • Views to the South
  • Creek or Stream
  • Mountain

Home Design

  • Duplex
  • Frame Construction
  • Shake Roof
  • Steel Siding
  • Concrete Perimeter Foundation
  • Stucco
  • Stone

Interior Spaces

  • 4,285 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Indoor Spa
  • Washer and Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Deck
  • Patio

Utilities

  • Zoned Cooling
  • Radiant Heating System
  • Phone Available
  • Cable TV Available

Additional Features

  • 7,405 Sq Ft Lot
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 210107221001

Community Details

Overview

  • Association fees include common area maintenance, insurance, management
  • Gore Creek Place Subdivision

Recreation

  • Ski Trails

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,831

Year Built

Built in 2006

Lot Details

7,405 Sq Ft Lot

HOA Fees

$2,296 per month

Parking

2

Listing Details

  • Association HOA Fee: 2296.0
  • HOA Fee Frequency: Monthly
  • Lot Size Acres: 0.17
  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Building Stories: 3
  • Year Built: 2006
  • Road Surface Type: All Year
  • Subdivision Name: Gore Creek Place
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace Features: Gas
  • Furnished: Partially
  • Interior Amenities: Fireplace - Gas, Jetted Bath, Patio, Spa/Hot Tub, Vaulted Ceiling(s), Wired for Cable
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Washer/Dryer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Stone, Tile, Wood
  • Living Area: 4285.0
  • 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:Wired for Cable: Yes
  • Interior Features:Patio: Yes
  • Interior Features:SpaHot Tub: Yes
  • Interior Features:Jetted Bath: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Patio And Porch Features: Deck, Patio
  • Roof: Shake
  • View: Creek/Stream, Mountain(s), River, Ski Slopes, South Facing
  • Lot Features: City Lot, Walk to Slopes
  • Construction Type: Stone, Stucco, Other
  • Foundation Details: Concrete Perimeter
  • Construction:Frame: Yes
  • Patio and Porch Features:Deck: Yes
  • Construction:Steel Siding: Yes
  • Patio and Porch Features:Patio2: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 2296.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Association/Amenities

  • AssociationHOA Fee Includes:Common Area Maintenance: Yes
  • AssociationHOA Fee Includes:Management: Yes
  • Documents:Association Documents: Yes
  • AssociationHOA Fee Includes:Insurance: Yes
  • Keywords Info:Association YN: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Insurance, Management

Lot Info

  • Lot Size Sq Ft: 7405.0
  • Parcel #: 210107221001
  • Land Lease: No
  • Zoning: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 21831.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2013
Sold by
Martinez Jose De Jesus Ortega and Martinez Leticia Sanchez
Bought by
Gore Creek Place Unit 11 Inc
Current Estimated Value
$10,184,818

Purchase Details

Closed on
Dec 28, 2012
Sold by
Highland Properties 212 Llc
Bought by
Ortega Jose and Ortega Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,900,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 17, 2011
Closed on
Mar 19, 2012
Sold by
Arkw Funski Llc
Bought by
Highland Properties 212 Llc
Seller's Agent
Matt Fitzgerald
LIV Sotheby's Int. Realty-Vail Mountain Haus
Buyer's Agent
Led Gardner
Slifer Smith & Frampton- 230 Bridge Street
List Price
$8,495,000
Sold Price
$7,500,000
Premium/Discount to List
-$995,000
-11.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.21%
Original Mortgage
$6,500,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2006
Sold by
Gore Creek Place Llc
Bought by
Arkw Funski Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,350,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gore Creek Place Unit 11 Inc -- None Available
Ortega Jose $7,500,000 Land Title Guarantee Company
Highland Properties 212 Llc $7,500,000 Land Title Guarantee Company
Arkw Funski Llc $4,550,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ortega Jose $3,900,000
Previous Owner Highland Properties 212 Llc $6,500,000
Previous Owner Arkw Funski Llc $4,350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2012 03/19/12 Sold $7,500,000 -11.7% $1,750 / Sq Ft
01/13/2012 01/13/12 Pending -- -- --
12/17/2011 12/17/11 For Sale $8,495,000 -- $1,982 / Sq Ft
Source: Vail Multi-List Service

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 $44,514 $878,590 -- $878,590
2024 $44,621 $938,170 -- $938,170
2023 $44,621 $938,170 $0 $938,170
2022 $29,581 $575,620 $0 $575,620
2021 $30,458 $592,180 $0 $592,180
2020 $30,926 $609,370 $0 $609,370
2019 $31,029 $609,370 $0 $609,370
2018 $29,841 $574,400 $0 $574,400
2017 $29,695 $574,400 $0 $574,400
2016 $32,234 $630,400 $0 $630,400
2015 -- $630,400 $0 $630,400
2014 $26,939 $573,010 $0 $573,010
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Matt Fitzgerald

    LIV Sotheby's Int. Realty-Vail Mountain Haus

  • Led Gardner

    Buyer's Agent in 2012

    Led Gardner

    Slifer Smith & Frampton- 230 Bridge Street

    (970) 376-0223

    18 in this area

    48 Total Sales

    Led Gardner
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Map

Source: Vail Multi-List Service

MLS Number: 913696

Vail Multi-List Service

APN: R058844

Colorado Eagle County Vail 81657

825 W Forest Rd Unit 11, Vail, CO

Not Listed for Sale

MultiFamily

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